Can I retire at age 55 with 15,900,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $15,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$1,313,007$1,301,312$1,289,901$1,278,763$1,267,888$1,259,898
2 years$650,004$637,898$626,165$614,790$603,756$595,696
3 years$429,031$416,873$405,171$393,902$383,048$375,168
4 years$318,567$306,446$294,860$283,784$273,193$265,554
5 years$252,305$240,257$228,824$217,973$207,677$200,301
6 years$208,146$196,188$184,924$174,315$164,328$157,224
7 years$176,615$164,759$153,672$143,314$133,642$126,815
8 years$152,978$141,229$130,326$120,223$110,869$104,318
9 years$134,604$122,965$112,250$102,403$93,368$87,092
10 years$119,912$108,387$97,862$88,272$79,554$73,549
11 years$107,900$96,491$86,156$76,823$68,419$62,682
12 years$97,897$86,605$76,461$67,384$59,291$53,816
13 years$89,440$78,266$68,313$59,490$51,703$46,484
14 years$82,197$71,141$61,380$52,809$45,322$40,355
15 years$75,925$64,989$55,418$47,096$39,905$35,182
16 years$70,443$59,626$50,244$42,170$35,268$30,782
17 years$65,611$54,913$45,720$37,889$31,271$27,015
18 years$61,320$50,742$41,737$34,146$27,805$23,772
19 years$57,486$47,028$38,208$30,854$24,783$20,965
20 years$54,039$43,700$35,065$27,944$22,137$18,527
21 years$50,925$40,705$32,253$25,361$19,810$16,399
22 years$48,097$37,997$29,726$23,059$17,757$14,538
23 years$45,519$35,538$27,447$21,000$15,940$12,905
24 years$43,160$33,296$25,384$19,153$14,327$11,469
25 years$40,993$31,247$23,511$17,492$12,892$10,203
26 years$38,995$29,367$21,805$15,994$11,613$9,084
27 years$37,149$27,638$20,248$14,639$10,470$8,095
28 years$35,438$26,043$18,823$13,413$9,447$7,219
29 years$33,847$24,569$17,516$12,300$8,530$6,441
30 years$32,366$23,203$16,316$11,288$7,708$5,750
31 years$30,982$21,934$15,211$10,367$6,969$5,136
32 years$29,688$20,754$14,192$9,528$6,304$4,590
33 years$28,475$19,654$13,251$8,762$5,705$4,103
34 years$27,335$18,628$12,381$8,061$5,165$3,669
35 years$26,263$17,668$11,575$7,421$4,678$3,282
36 years$25,253$16,770$10,829$6,835$4,239$2,937
37 years$24,300$15,927$10,135$6,297$3,842$2,628
38 years$23,399$15,137$9,491$5,804$3,483$2,353
39 years$22,546$14,394$8,892$5,352$3,158$2,107
40 years$21,738$13,694$8,335$4,936$2,865$1,886
41 years$20,971$13,036$7,815$4,554$2,599$1,690
42 years$20,243$12,415$7,331$4,203$2,358$1,514
43 years$19,551$11,829$6,879$3,880$2,140$1,356
44 years$18,891$11,275$6,457$3,582$1,943$1,215
45 years$18,263$10,752$6,063$3,309$1,764$1,089
46 years$17,664$10,257$5,695$3,056$1,601$976
47 years$17,093$9,788$5,350$2,823$1,454$874
48 years$16,546$9,344$5,028$2,609$1,320$784
49 years$16,024$8,923$4,726$2,411$1,199$703
50 years$15,524$8,524$4,443$2,229$1,089$630

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $15,900,000, adding $5,469 every year, while hoping to spend $27,435 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: 51/25/24 Blend
54$15,900,000$15,900,000$15,900,000$15,900,000
55$17,527,441$16,684,741$16,438,291$18,303,292
56$19,286,050$17,473,103$16,959,783$19,630,282
57$21,223,117$18,299,175$17,497,826$21,069,113
58$23,356,816$19,164,776$18,052,945$22,633,058
59$25,707,174$20,071,813$18,625,681$24,334,010
60$28,296,260$21,022,286$19,216,595$26,185,032
61$31,148,391$22,018,291$19,826,264$28,200,487
62$34,290,366$23,062,026$20,455,283$30,396,159
63$37,751,715$24,155,797$21,104,267$32,789,402
64$41,564,979$25,302,020$21,773,849$35,399,295
65$45,766,018$26,503,230$22,464,684$38,246,820
66$50,394,347$27,762,083$23,177,446$41,355,049
67$55,493,512$29,081,367$23,912,832$44,749,360
68$61,111,498$30,464,002$24,671,560$48,457,665
69$67,301,185$31,913,052$25,454,371$52,510,671
70$74,120,843$33,431,729$26,262,030$56,942,160
71$81,634,688$35,023,402$27,095,326$61,789,300
72$89,913,480$36,691,603$27,955,074$67,092,990
73$99,035,199$38,440,035$28,842,113$72,898,235
74$109,085,775$40,272,583$29,757,309$79,254,564
75$120,159,903$42,193,318$30,701,558$86,216,486
76$132,361,935$44,206,512$31,675,782$93,843,998
77$145,806,864$46,316,643$32,680,932$102,203,140
78$160,621,412$48,528,407$33,717,992$111,366,607
79$176,945,225$50,846,728$34,787,973$121,414,426
80$194,932,190$53,276,770$35,891,923$132,434,698
81$214,751,890$55,823,948$37,030,919$144,524,420
82$236,591,203$58,493,942$38,206,075$157,790,387
83$260,656,067$61,292,706$39,418,539$172,350,186
84$287,173,422$64,226,485$40,669,497$188,333,294
85$316,393,356$67,301,828$41,960,170$205,882,287
86$348,591,463$70,525,602$43,291,820$225,154,169
87$384,071,446$73,905,010$44,665,750$246,321,836
88$423,167,982$77,447,604$46,083,301$269,575,700
89$466,249,884$81,161,305$47,545,859$295,125,461
90$513,723,581$85,054,417$49,054,855$323,202,073
91$566,036,956$89,135,654$50,611,762$354,059,906
92$623,683,573$93,414,148$52,218,103$387,979,127
93$687,207,336$97,899,480$53,875,448$425,268,321
94$757,207,626$102,601,696$55,585,417$466,267,391
95$834,344,958$107,531,333$57,349,683$511,350,736
96$919,347,215$112,699,440$59,169,969$560,930,767
97$1,013,016,524$118,117,605$61,048,055$615,461,776
98$1,116,236,822$123,797,981$62,985,778$675,444,197
99$1,229,982,208$129,753,312$64,985,033$741,429,304
100$1,355,326,135$135,996,966$67,047,772$814,024,390