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 years$1,304,749$1,293,127$1,281,788$1,270,721$1,259,914$1,254,605
2 years$645,915$633,886$622,227$610,924$599,959$594,600
3 years$426,333$414,251$402,622$391,425$380,639$375,394
4 years$316,563$304,519$293,006$281,999$271,475$266,386
5 years$250,719$238,746$227,385$216,603$206,371$201,452
6 years$206,836$194,954$183,761$173,219$163,294$158,553
7 years$175,504$163,722$152,706$142,413$132,802$128,240
8 years$152,016$140,340$129,507$119,467$110,172$105,790
9 years$133,757$122,191$111,544$101,759$92,781$88,577
10 years$119,158$107,706$97,247$87,717$79,054$75,027
11 years$107,222$95,884$85,614$76,340$67,989$64,137
12 years$97,282$86,060$75,981$66,961$58,918$55,237
13 years$88,877$77,773$67,884$59,116$51,377$47,864
14 years$81,680$70,694$60,994$52,477$45,037$41,688
15 years$75,448$64,580$55,069$46,800$39,654$36,465
16 years$70,000$59,251$49,928$41,904$35,047$32,013
17 years$65,198$54,568$45,433$37,651$31,075$28,193
18 years$60,935$50,423$41,474$33,931$27,630$24,895
19 years$57,124$46,732$37,968$30,659$24,627$22,034
20 years$53,699$43,425$34,845$27,768$21,998$19,541
21 years$50,604$40,449$32,051$25,201$19,685$17,361
22 years$47,795$37,758$29,540$22,914$17,645$15,448
23 years$45,233$35,314$27,275$20,868$15,839$13,765
24 years$42,889$33,087$25,224$19,033$14,237$12,279
25 years$40,735$31,051$23,363$17,382$12,811$10,966
26 years$38,750$29,182$21,668$15,893$11,540$9,802
27 years$36,915$27,464$20,120$14,547$10,404$8,769
28 years$35,215$25,879$18,705$13,328$9,388$7,850
29 years$33,634$24,414$17,406$12,222$8,477$7,033
30 years$32,162$23,057$16,213$11,217$7,659$6,304
31 years$30,787$21,796$15,115$10,302$6,925$5,654
32 years$29,501$20,624$14,103$9,468$6,264$5,073
33 years$28,295$19,531$13,168$8,707$5,669$4,553
34 years$27,163$18,511$12,303$8,011$5,133$4,089
35 years$26,098$17,557$11,503$7,374$4,649$3,673
36 years$25,094$16,664$10,760$6,792$4,212$3,300
37 years$24,147$15,827$10,072$6,258$3,817$2,966
38 years$23,251$15,042$9,432$5,768$3,461$2,666
39 years$22,404$14,303$8,836$5,318$3,138$2,398
40 years$21,601$13,608$8,282$4,905$2,847$2,156
41 years$20,839$12,954$7,766$4,526$2,583$1,940
42 years$20,116$12,337$7,285$4,177$2,343$1,745
43 years$19,428$11,754$6,836$3,856$2,127$1,570
44 years$18,773$11,204$6,417$3,560$1,930$1,413
45 years$18,149$10,684$6,025$3,288$1,753$1,272
46 years$17,553$10,192$5,659$3,037$1,591$1,145
47 years$16,985$9,727$5,316$2,806$1,445$1,030
48 years$16,442$9,285$4,996$2,593$1,312$927
49 years$15,923$8,867$4,696$2,396$1,192$835
50 years$15,426$8,470$4,415$2,215$1,082$752

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 $3,961 every year, while hoping to spend $56,910 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: 66/7/27 Blend
54$15,800,000$15,800,000$15,800,000$15,800,000
55$17,415,686$16,578,286$16,333,386$18,441,544
56$19,131,534$17,330,070$16,820,002$19,885,664
57$21,020,491$18,116,784$17,321,013$21,457,265
58$23,100,155$18,940,080$17,836,841$23,174,397
59$25,389,914$19,801,688$18,367,919$25,051,409
60$27,911,136$20,703,421$18,914,694$27,104,101
61$30,687,363$21,647,180$19,477,628$29,349,862
62$33,744,538$22,634,956$20,057,192$31,807,842
63$37,111,248$23,668,835$20,653,875$34,499,119
64$40,818,991$24,751,004$21,268,176$37,446,906
65$44,902,481$25,883,756$21,900,612$40,676,760
66$49,399,964$27,069,490$22,551,713$44,216,826
67$54,353,590$28,310,725$23,222,025$48,098,096
68$59,809,803$29,610,097$23,912,110$52,354,700
69$65,819,782$30,970,371$24,622,545$57,024,228
70$72,439,925$32,394,444$25,353,925$62,148,075
71$79,732,378$33,885,353$26,106,862$67,771,837
72$87,765,623$35,446,278$26,881,985$73,945,733
73$96,615,127$37,080,556$27,679,942$80,725,075
74$106,364,049$38,791,682$28,501,398$88,170,790
75$117,104,027$40,583,319$29,347,040$96,349,989
76$128,936,045$42,459,309$30,217,573$105,336,598
77$141,971,382$44,423,675$31,113,722$115,212,052
78$156,332,664$46,480,637$32,036,234$126,066,057
79$172,155,024$48,634,617$32,985,876$137,997,436
80$189,587,372$50,890,249$33,963,438$151,115,057
81$208,793,805$53,252,391$34,969,734$165,538,854
82$229,955,152$55,726,137$36,005,599$181,400,956
83$253,270,685$58,316,825$37,071,893$198,846,928
84$278,959,995$61,030,050$38,169,502$218,037,143
85$307,265,069$63,871,677$39,299,335$239,148,287
86$338,452,572$66,847,855$40,462,329$262,375,025
87$372,816,364$69,965,030$41,659,447$287,931,828
88$410,680,275$73,229,958$42,891,680$316,054,997
89$452,401,158$76,649,721$44,160,046$347,004,885
90$498,372,264$80,231,745$45,465,596$381,068,348
91$549,026,947$83,983,813$46,809,405$418,561,447
92$604,842,761$87,914,085$48,192,585$459,832,425
93$666,345,962$92,031,114$49,616,276$505,264,985
94$734,116,480$96,343,869$51,081,652$555,281,909
95$808,793,393$100,861,751$52,589,920$610,349,039
96$891,080,958$105,594,616$54,142,321$670,979,665
97$981,755,260$110,552,796$55,740,132$737,739,365
98$1,081,671,537$115,747,124$57,384,668$811,251,334
99$1,191,772,259$121,188,957$59,077,279$892,202,258
100$1,313,096,015$126,890,203$60,819,354$981,348,791