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%13.2%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,376,896
2 years$715,413$702,089$689,176$676,656$664,512$645,823
3 years$472,204$458,823$445,942$433,540$421,594$403,377
4 years$350,624$337,283$324,532$312,341$300,684$283,079
5 years$277,695$264,434$251,850$239,908$228,575$211,633
6 years$229,091$215,930$203,532$191,856$180,864$164,605
7 years$194,388$181,338$169,136$157,736$147,091$131,521
8 years$168,372$155,440$143,441$132,321$122,026$107,144
9 years$148,149$135,339$123,546$112,708$102,763$88,562
10 years$131,979$119,294$107,710$97,155$87,560$74,029
11 years$118,758$106,201$94,826$84,554$75,304$62,431
12 years$107,749$95,320$84,156$74,165$65,257$53,027
13 years$98,440$86,142$75,188$65,477$56,905$45,303
14 years$90,468$78,300$67,556$58,123$49,883$38,890
15 years$83,566$71,529$60,994$51,836$43,921$33,518
16 years$77,532$65,626$55,300$46,413$38,817$28,987
17 years$72,213$60,439$50,321$41,702$34,418$25,139
18 years$67,491$55,849$45,937$37,582$30,603$21,855
19 years$63,271$51,760$42,053$33,958$27,277$19,040
20 years$59,477$48,098$38,594$30,756$24,364$16,617
21 years$56,049$44,801$35,499$27,913$21,803$14,524
22 years$52,937$41,820$32,718$25,379$19,544$12,712
23 years$50,100$39,114$30,209$23,113$17,544$11,139
24 years$47,503$36,647$27,938$21,081$15,769$9,770
25 years$45,118$34,391$25,877$19,252$14,189$8,577
26 years$42,919$32,322$23,999$17,603$12,781$7,535
27 years$40,887$30,419$22,285$16,113$11,523$6,625
28 years$39,004$28,664$20,717$14,763$10,398$5,827
29 years$37,253$27,041$19,279$13,538$9,389$5,129
30 years$35,622$25,537$17,958$12,424$8,483$4,516
31 years$34,100$24,141$16,741$11,411$7,670$3,978
32 years$32,675$22,843$15,620$10,487$6,938$3,505
33 years$31,340$21,632$14,585$9,643$6,279$3,089
34 years$30,086$20,502$13,627$8,873$5,685$2,724
35 years$28,906$19,446$12,740$8,168$5,149$2,402
36 years$27,794$18,457$11,918$7,522$4,665$2,119
37 years$26,745$17,530$11,155$6,931$4,228$1,869
38 years$25,753$16,660$10,446$6,388$3,833$1,649
39 years$24,815$15,842$9,787$5,890$3,476$1,455
40 years$23,925$15,072$9,173$5,433$3,153$1,284
41 years$23,082$14,347$8,602$5,013$2,860$1,134
42 years$22,280$13,664$8,069$4,626$2,596$1,001
43 years$21,518$13,019$7,571$4,270$2,356$883
44 years$20,792$12,410$7,107$3,943$2,138$780
45 years$20,101$11,834$6,673$3,641$1,941$689
46 years$19,442$11,289$6,268$3,364$1,762$608
47 years$18,813$10,773$5,888$3,108$1,600$537
48 years$18,211$10,285$5,534$2,872$1,453$474
49 years$17,636$9,821$5,201$2,654$1,320$419
50 years$17,086$9,382$4,890$2,453$1,199$370

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 $6,046 every year, while hoping to spend $47,177 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: 53/26/21 Blend
54$17,500,000$17,500,000$17,500,000$17,500,000
55$19,291,236$18,363,736$18,092,486$20,202,007
56$21,208,747$19,213,364$18,648,389$21,678,493
57$23,320,262$20,103,041$19,221,333$23,278,860
58$25,645,520$21,034,682$19,811,839$25,019,328
59$28,206,273$22,010,291$20,420,445$26,913,261
60$31,026,487$23,031,970$21,047,704$28,975,354
61$34,132,573$24,101,920$21,694,187$31,221,754
62$37,553,633$25,222,452$22,360,480$33,670,217
63$41,321,737$26,395,985$23,047,189$36,340,266
64$45,472,222$27,625,057$23,754,938$39,253,367
65$50,044,031$28,912,327$24,484,371$42,433,130
66$55,080,074$30,260,583$25,236,150$45,905,521
67$60,627,638$31,672,748$26,010,956$49,699,104
68$66,738,829$33,151,884$26,809,495$53,845,301
69$73,471,067$34,701,204$27,632,491$58,378,682
70$80,887,627$36,324,075$28,480,691$63,337,284
71$89,058,235$38,024,025$29,354,864$68,762,960
72$98,059,728$39,804,755$30,255,805$74,701,770
73$107,976,776$41,670,143$31,184,330$81,204,401
74$118,902,684$43,624,257$32,141,282$88,326,642
75$130,940,271$45,671,359$33,127,528$96,129,895
76$144,202,842$47,815,919$34,143,964$104,681,752
77$158,815,255$50,062,622$35,191,509$114,056,615
78$174,915,101$52,416,380$36,271,115$124,336,391
79$192,654,003$54,882,345$37,383,759$135,611,256
80$212,199,047$57,465,915$38,530,451$147,980,487
81$233,734,356$60,172,752$39,712,227$161,553,395
82$257,462,834$63,008,790$40,930,161$176,450,339
83$283,608,075$65,980,253$42,185,353$192,803,847
84$312,416,478$69,093,664$43,478,941$210,759,858
85$344,159,569$72,355,865$44,812,097$230,479,080
86$379,136,570$75,774,026$46,186,026$252,138,494
87$417,677,215$79,355,669$47,601,973$275,933,007
88$460,144,870$83,108,676$49,061,219$302,077,274
89$506,939,961$87,041,315$50,565,083$330,807,708
90$558,503,750$91,162,253$52,114,927$362,384,695
91$615,322,508$95,480,578$53,712,153$397,095,028
92$677,932,097$100,005,820$55,358,203$435,254,595
93$746,923,035$104,747,969$57,054,567$477,211,343
94$822,946,068$109,717,503$58,802,778$523,348,537
95$906,718,311$114,925,405$60,604,415$574,088,354
96$999,030,023$120,383,194$62,461,108$629,895,849
97$1,100,752,063$126,102,949$64,374,533$691,283,313
98$1,212,844,112$132,097,332$66,346,418$758,815,088
99$1,336,363,733$138,379,622$68,378,545$833,112,862
100$1,472,476,356$144,963,745$70,472,747$914,861,512