Can I retire at age 55 with 15,800,000?

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 $15,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$1,304,749$1,293,127$1,281,788$1,270,721$1,259,914$1,254,078
2 years$645,915$633,886$622,227$610,924$599,959$594,068
3 years$426,333$414,251$402,622$391,425$380,639$374,875
4 years$316,563$304,519$293,006$281,999$271,475$265,883
5 years$250,719$238,746$227,385$216,603$206,371$200,968
6 years$206,836$194,954$183,761$173,219$163,294$158,086
7 years$175,504$163,722$152,706$142,413$132,802$127,792
8 years$152,016$140,340$129,507$119,467$110,172$105,361
9 years$133,757$122,191$111,544$101,759$92,781$88,167
10 years$119,158$107,706$97,247$87,717$79,054$74,635
11 years$107,222$95,884$85,614$76,340$67,989$63,763
12 years$97,282$86,060$75,981$66,961$58,918$54,881
13 years$88,877$77,773$67,884$59,116$51,377$47,526
14 years$81,680$70,694$60,994$52,477$45,037$41,366
15 years$75,448$64,580$55,069$46,800$39,654$36,160
16 years$70,000$59,251$49,928$41,904$35,047$31,724
17 years$65,198$54,568$45,433$37,651$31,075$27,919
18 years$60,935$50,423$41,474$33,931$27,630$24,636
19 years$57,124$46,732$37,968$30,659$24,627$21,789
20 years$53,699$43,425$34,845$27,768$21,998$19,310
21 years$50,604$40,449$32,051$25,201$19,685$17,143
22 years$47,795$37,758$29,540$22,914$17,645$15,243
23 years$45,233$35,314$27,275$20,868$15,839$13,571
24 years$42,889$33,087$25,224$19,033$14,237$12,098
25 years$40,735$31,051$23,363$17,382$12,811$10,795
26 years$38,750$29,182$21,668$15,893$11,540$9,642
27 years$36,915$27,464$20,120$14,547$10,404$8,619
28 years$35,215$25,879$18,705$13,328$9,388$7,710
29 years$33,634$24,414$17,406$12,222$8,477$6,902
30 years$32,162$23,057$16,213$11,217$7,659$6,182
31 years$30,787$21,796$15,115$10,302$6,925$5,539
32 years$29,501$20,624$14,103$9,468$6,264$4,966
33 years$28,295$19,531$13,168$8,707$5,669$4,454
34 years$27,163$18,511$12,303$8,011$5,133$3,996
35 years$26,098$17,557$11,503$7,374$4,649$3,587
36 years$25,094$16,664$10,760$6,792$4,212$3,220
37 years$24,147$15,827$10,072$6,258$3,817$2,892
38 years$23,251$15,042$9,432$5,768$3,461$2,597
39 years$22,404$14,303$8,836$5,318$3,138$2,334
40 years$21,601$13,608$8,282$4,905$2,847$2,097
41 years$20,839$12,954$7,766$4,526$2,583$1,885
42 years$20,116$12,337$7,285$4,177$2,343$1,694
43 years$19,428$11,754$6,836$3,856$2,127$1,523
44 years$18,773$11,204$6,417$3,560$1,930$1,369
45 years$18,149$10,684$6,025$3,288$1,753$1,231
46 years$17,553$10,192$5,659$3,037$1,591$1,107
47 years$16,985$9,727$5,316$2,806$1,445$996
48 years$16,442$9,285$4,996$2,593$1,312$896
49 years$15,923$8,867$4,696$2,396$1,192$806
50 years$15,426$8,470$4,415$2,215$1,082$725

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $15,800,000, adding $4,717 every year, while hoping to spend $54,367 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: 64/12/24 Blend
54$15,800,000$15,800,000$15,800,000$15,800,000
55$17,416,466$16,579,066$16,334,166$18,421,599
56$19,135,099$17,333,594$16,823,514$19,855,041
57$21,027,211$18,123,272$17,327,434$21,414,051
58$23,110,439$18,949,764$17,846,355$23,116,211
59$25,404,217$19,814,816$18,380,721$24,975,557
60$27,929,961$20,720,256$18,930,989$27,007,537
61$30,711,267$21,667,999$19,497,628$29,229,152
62$33,774,140$22,660,054$20,081,122$31,659,113
63$37,147,230$23,698,525$20,681,967$34,318,016
64$40,862,112$24,785,617$21,300,677$37,228,535
65$44,953,576$25,923,641$21,937,779$40,415,630
66$49,459,961$27,115,020$22,593,815$43,906,777
67$54,423,513$28,362,291$23,269,343$47,732,232
68$59,890,783$29,668,116$23,964,939$51,925,305
69$65,913,072$31,035,282$24,681,193$56,522,672
70$72,546,907$32,466,713$25,418,714$61,564,723
71$79,854,581$33,965,470$26,178,130$67,095,931
72$87,904,735$35,534,766$26,960,085$73,165,272
73$96,773,012$37,177,964$27,765,242$79,826,685
74$106,542,767$38,898,591$28,594,285$87,139,570
75$117,305,852$40,700,345$29,447,916$95,169,351
76$129,163,487$42,587,100$30,326,860$103,988,081
77$142,227,213$44,562,918$31,231,859$113,675,126
78$156,619,943$46,632,056$32,163,682$124,317,900
79$172,477,127$48,798,976$33,123,115$136,012,691
80$189,948,026$51,068,358$34,110,971$148,865,558
81$209,197,120$53,445,103$35,128,084$162,993,332
82$230,405,666$55,934,352$36,175,314$178,524,710
83$253,773,401$58,541,493$37,253,545$195,601,461
84$279,520,437$61,272,175$38,363,687$214,379,761
85$307,889,327$64,132,317$39,506,676$235,031,658
86$339,147,365$67,128,127$40,683,476$257,746,688
87$373,589,103$70,266,112$41,895,079$282,733,659
88$411,539,132$73,553,093$43,142,505$310,222,609
89$453,355,149$76,996,219$44,426,804$340,466,977
90$499,431,328$80,602,988$45,749,057$373,745,978
91$550,202,047$84,381,258$47,110,374$410,367,235
92$606,145,985$88,339,269$48,511,900$450,669,671
93$667,790,639$92,485,656$49,954,812$495,026,701
94$735,717,307$96,829,476$51,440,321$543,849,742
95$810,566,574$101,380,222$52,969,674$597,592,090
96$893,044,359$106,147,847$54,544,152$656,753,188
97$983,928,577$111,142,786$56,165,075$721,883,325
98$1,084,076,487$116,375,977$57,833,800$793,588,823
99$1,194,432,780$121,858,892$59,551,724$872,537,743
100$1,316,038,501$127,603,555$61,320,284$959,466,185