Can I retire at age 55 with 17,500,000?

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 $17,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,388,427
2 years$715,413$702,089$689,176$676,656$664,512$657,399
3 years$472,204$458,823$445,942$433,540$421,594$414,636
4 years$350,624$337,283$324,532$312,341$300,684$293,935
5 years$277,695$264,434$251,850$239,908$228,575$222,055
6 years$229,091$215,930$203,532$191,856$180,864$174,581
7 years$194,388$181,338$169,136$157,736$147,091$141,048
8 years$168,372$155,440$143,441$132,321$122,026$116,224
9 years$148,149$135,339$123,546$112,708$102,763$97,201
10 years$131,979$119,294$107,710$97,155$87,560$82,234
11 years$118,758$106,201$94,826$84,554$75,304$70,212
12 years$107,749$95,320$84,156$74,165$65,257$60,393
13 years$98,440$86,142$75,188$65,477$56,905$52,266
14 years$90,468$78,300$67,556$58,123$49,883$45,463
15 years$83,566$71,529$60,994$51,836$43,921$39,714
16 years$77,532$65,626$55,300$46,413$38,817$34,819
17 years$72,213$60,439$50,321$41,702$34,418$30,621
18 years$67,491$55,849$45,937$37,582$30,603$27,002
19 years$63,271$51,760$42,053$33,958$27,277$23,865
20 years$59,477$48,098$38,594$30,756$24,364$21,134
21 years$56,049$44,801$35,499$27,913$21,803$18,749
22 years$52,937$41,820$32,718$25,379$19,544$16,658
23 years$50,100$39,114$30,209$23,113$17,544$14,821
24 years$47,503$36,647$27,938$21,081$15,769$13,201
25 years$45,118$34,391$25,877$19,252$14,189$11,771
26 years$42,919$32,322$23,999$17,603$12,781$10,505
27 years$40,887$30,419$22,285$16,113$11,523$9,383
28 years$39,004$28,664$20,717$14,763$10,398$8,387
29 years$37,253$27,041$19,279$13,538$9,389$7,502
30 years$35,622$25,537$17,958$12,424$8,483$6,714
31 years$34,100$24,141$16,741$11,411$7,670$6,011
32 years$32,675$22,843$15,620$10,487$6,938$5,385
33 years$31,340$21,632$14,585$9,643$6,279$4,826
34 years$30,086$20,502$13,627$8,873$5,685$4,326
35 years$28,906$19,446$12,740$8,168$5,149$3,879
36 years$27,794$18,457$11,918$7,522$4,665$3,480
37 years$26,745$17,530$11,155$6,931$4,228$3,122
38 years$25,753$16,660$10,446$6,388$3,833$2,802
39 years$24,815$15,842$9,787$5,890$3,476$2,515
40 years$23,925$15,072$9,173$5,433$3,153$2,258
41 years$23,082$14,347$8,602$5,013$2,860$2,028
42 years$22,280$13,664$8,069$4,626$2,596$1,821
43 years$21,518$13,019$7,571$4,270$2,356$1,636
44 years$20,792$12,410$7,107$3,943$2,138$1,470
45 years$20,101$11,834$6,673$3,641$1,941$1,320
46 years$19,442$11,289$6,268$3,364$1,762$1,186
47 years$18,813$10,773$5,888$3,108$1,600$1,066
48 years$18,211$10,285$5,534$2,872$1,453$958
49 years$17,636$9,821$5,201$2,654$1,320$861
50 years$17,086$9,382$4,890$2,453$1,199$774

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $17,500,000, adding $4,472 every year, while hoping to spend $25,408 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: 87/7/6 Blend
54$17,500,000$17,500,000$17,500,000$17,500,000
55$19,289,613$18,362,113$18,090,863$20,963,433
56$21,230,119$19,234,822$18,669,873$22,926,843
57$23,367,706$20,149,443$19,267,428$25,080,528
58$25,722,448$21,108,002$19,884,123$27,446,824
59$28,316,468$22,112,624$20,520,571$30,047,136
60$31,174,143$23,165,538$21,177,406$32,905,037
61$34,322,337$24,269,081$21,855,280$36,046,495
62$37,790,653$25,425,703$22,554,869$39,500,114
63$41,611,711$26,637,974$23,276,869$43,297,400
64$45,821,458$27,908,588$24,021,997$47,473,060
65$50,459,509$29,240,370$24,790,996$52,065,325
66$55,569,515$30,636,285$25,584,630$57,116,314
67$61,199,580$32,099,438$26,403,690$62,672,421
68$67,402,715$33,633,087$27,248,991$68,784,760
69$74,237,333$35,240,650$28,121,374$75,509,638
70$81,767,808$36,925,709$29,021,707$82,909,090
71$90,065,077$38,692,021$29,950,887$91,051,456
72$99,207,312$40,543,527$30,909,838$100,012,030
73$109,280,655$42,484,357$31,899,515$109,873,764
74$120,380,037$44,518,846$32,920,904$120,728,051
75$132,610,068$46,651,536$33,975,021$132,675,580
76$146,086,027$48,887,193$35,062,916$145,827,289
77$160,934,950$51,230,814$36,185,672$160,305,409
78$177,296,829$53,687,639$37,344,407$176,244,610
79$195,325,936$56,263,164$38,540,275$193,793,271
80$215,192,274$58,963,151$39,774,467$213,114,879
81$237,083,186$61,793,645$41,048,211$234,389,569
82$261,205,122$64,760,985$42,362,777$257,815,816
83$287,785,587$67,871,816$43,719,473$283,612,308
84$317,075,293$71,133,111$45,119,652$312,020,008
85$349,350,520$74,552,180$46,564,707$343,304,420
86$384,915,726$78,136,691$48,056,078$377,758,094
87$424,106,425$81,894,683$49,595,251$415,703,381
88$467,292,347$85,834,589$51,183,758$457,495,472
89$514,880,936$89,965,253$52,823,184$503,525,748
90$567,321,191$94,295,951$54,515,160$554,225,464
91$625,107,908$98,836,408$56,261,374$610,069,819
92$688,786,348$103,596,826$58,063,564$671,582,436
93$758,957,389$108,587,903$59,923,526$739,340,296
94$836,283,193$113,820,861$61,843,115$813,979,180
95$921,493,462$119,307,466$63,824,242$896,199,665
96$1,015,392,324$125,060,061$65,868,883$986,773,730
97$1,118,865,925$131,091,588$67,979,075$1,086,552,036
98$1,232,890,797$137,415,623$70,156,921$1,196,471,949
99$1,358,543,073$144,046,403$72,404,593$1,317,566,383
100$1,497,008,649$150,998,860$74,724,330$1,450,973,540