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%19.6%
1 years$1,304,749$1,293,127$1,281,788$1,270,721$1,259,914$1,211,361
2 years$645,915$633,886$622,227$610,924$599,959$551,622
3 years$426,333$414,251$402,622$391,425$380,639$334,038
4 years$316,563$304,519$293,006$281,999$271,475$226,966
5 years$250,719$238,746$227,385$216,603$206,371$164,068
6 years$206,836$194,954$183,761$173,219$163,294$123,226
7 years$175,504$163,722$152,706$142,413$132,802$94,955
8 years$152,016$140,340$129,507$119,467$110,172$74,511
9 years$133,757$122,191$111,544$101,759$92,781$59,252
10 years$119,158$107,706$97,247$87,717$79,054$47,596
11 years$107,222$95,884$85,614$76,340$67,989$38,530
12 years$97,282$86,060$75,981$66,961$58,918$31,381
13 years$88,877$77,773$67,884$59,116$51,377$25,682
14 years$81,680$70,694$60,994$52,477$45,037$21,099
15 years$75,448$64,580$55,069$46,800$39,654$17,388
16 years$70,000$59,251$49,928$41,904$35,047$14,366
17 years$65,198$54,568$45,433$37,651$31,075$11,894
18 years$60,935$50,423$41,474$33,931$27,630$9,864
19 years$57,124$46,732$37,968$30,659$24,627$8,192
20 years$53,699$43,425$34,845$27,768$21,998$6,811
21 years$50,604$40,449$32,051$25,201$19,685$5,668
22 years$47,795$37,758$29,540$22,914$17,645$4,721
23 years$45,233$35,314$27,275$20,868$15,839$3,934
24 years$42,889$33,087$25,224$19,033$14,237$3,281
25 years$40,735$31,051$23,363$17,382$12,811$2,737
26 years$38,750$29,182$21,668$15,893$11,540$2,284
27 years$36,915$27,464$20,120$14,547$10,404$1,907
28 years$35,215$25,879$18,705$13,328$9,388$1,592
29 years$33,634$24,414$17,406$12,222$8,477$1,330
30 years$32,162$23,057$16,213$11,217$7,659$1,111
31 years$30,787$21,796$15,115$10,302$6,925$928
32 years$29,501$20,624$14,103$9,468$6,264$775
33 years$28,295$19,531$13,168$8,707$5,669$648
34 years$27,163$18,511$12,303$8,011$5,133$542
35 years$26,098$17,557$11,503$7,374$4,649$453
36 years$25,094$16,664$10,760$6,792$4,212$378
37 years$24,147$15,827$10,072$6,258$3,817$316
38 years$23,251$15,042$9,432$5,768$3,461$264
39 years$22,404$14,303$8,836$5,318$3,138$221
40 years$21,601$13,608$8,282$4,905$2,847$185
41 years$20,839$12,954$7,766$4,526$2,583$154
42 years$20,116$12,337$7,285$4,177$2,343$129
43 years$19,428$11,754$6,836$3,856$2,127$108
44 years$18,773$11,204$6,417$3,560$1,930$90
45 years$18,149$10,684$6,025$3,288$1,753$75
46 years$17,553$10,192$5,659$3,037$1,591$63
47 years$16,985$9,727$5,316$2,806$1,445$53
48 years$16,442$9,285$4,996$2,593$1,312$44
49 years$15,923$8,867$4,696$2,396$1,192$37
50 years$15,426$8,470$4,415$2,215$1,082$31

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 $5,176 every year, while hoping to spend $37,513 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: 67/15/18 Blend
54$15,800,000$15,800,000$15,800,000$15,800,000
55$17,416,939$16,579,539$16,334,639$18,506,710
56$19,153,553$17,352,023$16,841,936$20,008,542
57$21,066,045$18,161,101$17,364,970$21,645,323
58$23,172,314$19,008,527$17,904,229$23,434,232
59$25,492,084$19,896,140$18,460,215$25,390,217
60$28,047,092$20,825,865$19,033,447$27,529,724
61$30,861,286$21,799,724$19,624,459$29,870,856
62$33,961,061$22,819,834$20,233,801$32,433,533
63$37,375,498$23,888,415$20,862,042$35,239,685
64$41,136,645$25,007,793$21,509,767$38,313,449
65$45,279,818$26,180,411$22,177,580$41,681,396
66$49,843,933$27,408,824$22,866,102$45,372,777
67$54,871,873$28,695,715$23,575,975$49,419,796
68$60,410,894$30,043,896$24,307,861$53,857,910
69$66,513,072$31,456,313$25,062,440$58,726,159
70$73,235,790$32,936,057$25,840,417$64,067,529
71$80,642,284$34,486,367$26,642,514$69,929,354
72$88,802,238$36,110,641$27,469,480$76,363,759
73$97,792,443$37,812,439$28,322,084$83,428,143
74$107,697,519$39,595,494$29,201,121$91,185,722
75$118,610,715$41,463,723$30,107,407$99,706,113
76$130,634,791$43,421,228$31,041,788$109,065,990
77$143,882,984$45,472,313$32,005,133$119,349,802
78$158,480,082$47,621,490$32,998,338$130,650,559
79$174,563,596$49,873,489$34,022,329$143,070,709
80$192,285,063$52,233,270$35,078,057$156,723,096
81$211,811,473$54,706,034$36,166,505$171,732,015
82$233,326,847$57,297,233$37,288,687$188,234,384
83$257,033,973$60,012,585$38,445,645$206,381,023
84$283,156,321$62,858,084$39,638,457$226,338,073
85$311,940,153$65,840,017$40,868,232$248,288,554
86$343,656,844$68,964,974$42,136,114$272,434,085
87$378,605,451$72,239,866$43,443,282$298,996,776
88$417,115,527$75,671,939$44,790,952$328,221,318
89$459,550,238$79,268,792$46,180,377$360,377,280
90$506,309,792$83,038,392$47,612,849$395,761,644
91$557,835,210$86,989,094$49,089,699$434,701,598
92$614,612,499$91,129,657$50,612,302$477,557,613
93$677,177,232$95,469,268$52,182,071$524,726,833
94$746,119,606$100,017,558$53,800,467$576,646,813
95$822,090,017$104,784,630$55,468,994$633,799,635
96$905,805,196$109,781,073$57,189,202$696,716,445
97$998,054,975$115,017,995$58,962,690$765,982,454
98$1,099,709,748$120,507,043$60,791,105$842,242,447
99$1,211,728,683$126,260,428$62,676,148$926,206,855
100$1,335,168,778$132,290,958$64,619,568$1,018,658,443