Can I retire at age 55 with 15,400,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $15,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$1,271,718$1,260,390$1,249,338$1,238,551$1,228,018$1,185,390
2 years$629,563$617,838$606,475$595,457$584,770$542,264
3 years$415,540$403,764$392,429$381,515$371,002$329,954
4 years$308,549$296,809$285,588$274,860$264,602$225,324
5 years$244,371$232,702$221,628$211,119$201,146$163,743
6 years$201,600$190,019$179,108$168,834$159,160$123,660
7 years$171,061$159,577$148,840$138,807$129,440$95,837
8 years$148,168$136,787$126,228$116,442$107,383$75,650
9 years$130,371$119,098$108,720$99,183$90,432$60,529
10 years$116,142$104,979$94,785$85,497$77,052$48,929
11 years$104,507$93,457$83,447$74,408$66,268$39,868
12 years$94,819$83,882$74,057$65,265$57,426$32,689
13 years$86,627$75,805$66,165$57,620$50,077$26,936
14 years$79,612$68,904$59,450$51,148$43,897$22,285
15 years$73,538$62,945$53,675$45,615$38,650$18,496
16 years$68,228$57,751$48,664$40,844$34,159$15,393
17 years$63,548$53,187$44,283$36,698$30,288$12,838
18 years$59,392$49,147$40,424$33,072$26,931$10,727
19 years$55,678$45,549$37,006$29,883$24,004$8,976
20 years$52,340$42,326$33,963$27,065$21,441$7,521
21 years$49,323$39,425$31,239$24,563$19,187$6,307
22 years$46,585$36,802$28,792$22,334$17,198$5,294
23 years$44,088$34,420$26,584$20,340$15,438$4,447
24 years$41,803$32,249$24,586$18,551$13,876$3,738
25 years$39,704$30,264$22,771$16,942$12,487$3,143
26 years$37,769$28,444$21,119$15,491$11,247$2,645
27 years$35,981$26,769$19,611$14,179$10,141$2,226
28 years$34,323$25,224$18,231$12,991$9,150$1,874
29 years$32,783$23,796$16,966$11,913$8,262$1,578
30 years$31,348$22,473$15,803$10,933$7,465$1,329
31 years$30,008$21,244$14,732$10,041$6,749$1,119
32 years$28,754$20,101$13,746$9,228$6,105$943
33 years$27,579$19,036$12,834$8,486$5,525$795
34 years$26,475$18,042$11,992$7,808$5,003$670
35 years$25,437$17,113$11,211$7,188$4,531$564
36 years$24,459$16,242$10,488$6,620$4,105$476
37 years$23,535$15,427$9,817$6,099$3,721$401
38 years$22,663$14,661$9,193$5,622$3,373$338
39 years$21,837$13,941$8,613$5,183$3,059$285
40 years$21,054$13,264$8,073$4,781$2,775$240
41 years$20,312$12,626$7,570$4,411$2,517$202
42 years$19,606$12,024$7,101$4,071$2,284$171
43 years$18,936$11,457$6,663$3,758$2,073$144
44 years$18,297$10,921$6,254$3,470$1,882$121
45 years$17,689$10,414$5,873$3,204$1,708$102
46 years$17,109$9,934$5,516$2,960$1,551$86
47 years$16,555$9,481$5,182$2,735$1,408$73
48 years$16,026$9,050$4,869$2,527$1,279$61
49 years$15,520$8,643$4,577$2,335$1,162$52
50 years$15,036$8,256$4,303$2,159$1,055$44

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $15,400,000, adding $3,941 every year, while hoping to spend $27,953 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 52/40/8 Blend
54$15,400,000$15,400,000$15,400,000$15,400,000
55$16,974,865$16,158,665$15,919,965$17,823,409
56$18,676,560$16,920,698$16,423,542$19,162,479
57$20,550,890$17,719,134$16,943,052$20,614,593
58$22,615,436$18,555,726$17,478,999$22,193,079
59$24,889,568$19,432,315$18,031,904$23,909,854
60$27,394,634$20,350,828$18,602,303$25,778,003
61$30,154,156$21,313,288$19,190,749$27,811,901
62$33,194,056$22,321,815$19,797,815$30,027,337
63$36,542,896$23,378,630$20,424,088$32,441,661
64$40,232,154$24,486,066$21,070,178$35,073,940
65$44,296,516$25,646,565$21,736,711$37,945,127
66$48,774,205$26,862,691$22,424,335$41,078,254
67$53,707,340$28,137,129$23,133,716$44,498,640
68$59,142,337$29,472,696$23,865,544$48,234,121
69$65,130,344$30,872,347$24,620,529$52,315,307
70$71,727,726$32,339,179$25,399,403$56,775,857
71$78,996,595$33,876,440$26,202,924$61,652,788
72$87,005,396$35,487,534$27,031,871$66,986,816
73$95,829,557$37,176,033$27,887,048$72,822,729
74$105,552,194$38,945,682$28,769,287$79,209,797
75$116,264,904$40,800,406$29,679,444$86,202,225
76$128,068,620$42,744,322$30,618,402$93,859,655
77$141,074,574$44,781,749$31,587,073$102,247,712
78$155,405,338$46,917,212$32,586,398$111,438,613
79$171,195,987$49,155,460$33,617,346$121,511,833
80$188,595,370$51,501,469$34,680,919$132,554,841
81$207,767,518$53,960,461$35,778,150$144,663,909
82$228,893,190$56,537,910$36,910,104$157,945,005
83$252,171,583$59,239,555$38,077,880$172,514,776
84$277,822,208$62,071,416$39,282,612$188,501,629
85$306,086,963$65,039,806$40,525,470$206,046,928
86$337,232,421$68,151,343$41,807,660$225,306,308
87$371,552,340$71,412,971$43,130,429$246,451,118
88$409,370,440$74,831,968$44,495,060$269,670,026
89$451,043,459$78,415,969$45,902,879$295,170,768
90$496,964,518$82,172,978$47,355,252$323,182,092
91$547,566,837$86,111,392$48,853,591$353,955,888
92$603,327,818$90,240,014$50,399,350$387,769,543
93$664,773,558$94,568,077$51,994,030$424,928,528
94$732,483,812$99,105,264$53,639,181$465,769,259
95$807,097,467$103,861,728$55,336,400$510,662,236
96$889,318,575$108,848,119$57,087,336$560,015,513
97$979,922,996$114,075,604$58,893,688$614,278,517
98$1,079,765,728$119,555,894$60,757,212$673,946,253
99$1,189,788,971$125,301,272$62,679,718$739,563,945
100$1,311,031,030$131,324,618$64,663,073$811,732,142