Can I retire at age 55 with 17,600,000?

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 $17,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,388,792
2 years$719,501$706,101$693,114$680,522$668,309$653,549
3 years$474,902$461,445$448,491$436,017$424,003$409,598
4 years$352,627$339,211$326,386$314,126$302,402$288,463
5 years$279,281$265,945$253,289$241,279$229,881$216,449
6 years$230,400$217,164$204,695$192,953$181,897$168,988
7 years$195,499$182,374$170,103$158,637$147,931$135,550
8 years$169,334$156,328$144,261$133,077$122,723$110,870
9 years$148,995$136,112$124,252$113,352$103,351$92,021
10 years$132,733$119,976$108,325$97,710$88,060$77,247
11 years$119,437$106,808$95,368$85,037$75,735$65,429
12 years$108,364$95,865$84,637$74,589$65,630$55,822
13 years$99,003$86,634$75,617$65,851$57,231$47,908
14 years$90,985$78,748$67,942$58,455$50,168$41,318
15 years$84,043$71,937$61,343$52,132$44,172$35,780
16 years$77,975$66,001$55,616$46,678$39,039$31,093
17 years$72,626$60,785$50,609$41,940$34,615$27,099
18 years$67,876$56,168$46,199$37,796$30,778$23,677
19 years$63,632$52,056$42,293$34,152$27,433$20,732
20 years$59,817$48,373$38,815$30,932$24,504$18,187
21 years$56,369$45,057$35,702$28,072$21,928$15,980
22 years$53,240$42,059$32,905$25,524$19,655$14,061
23 years$50,386$39,337$30,382$23,245$17,644$12,387
24 years$47,775$36,856$28,098$21,201$15,859$10,924
25 years$45,376$34,588$26,024$19,362$14,270$9,643
26 years$43,165$32,507$24,136$17,704$12,854$8,519
27 years$41,121$30,593$22,413$16,205$11,589$7,531
28 years$39,227$28,828$20,835$14,847$10,457$6,662
29 years$37,466$27,196$19,389$13,615$9,443$5,897
30 years$35,826$25,683$18,060$12,495$8,532$5,222
31 years$34,295$24,279$16,837$11,476$7,714$4,626
32 years$32,862$22,973$15,709$10,547$6,978$4,100
33 years$31,519$21,756$14,668$9,698$6,315$3,635
34 years$30,258$20,620$13,705$8,923$5,717$3,224
35 years$29,071$19,557$12,813$8,214$5,178$2,860
36 years$27,953$18,563$11,986$7,565$4,692$2,537
37 years$26,898$17,630$11,219$6,970$4,252$2,252
38 years$25,900$16,755$10,506$6,425$3,855$1,999
39 years$24,956$15,933$9,843$5,924$3,496$1,774
40 years$24,062$15,159$9,226$5,464$3,171$1,575
41 years$23,213$14,429$8,651$5,041$2,877$1,399
42 years$22,407$13,742$8,115$4,652$2,610$1,242
43 years$21,641$13,093$7,615$4,295$2,369$1,103
44 years$20,911$12,481$7,148$3,966$2,150$980
45 years$20,216$11,902$6,711$3,662$1,952$871
46 years$19,553$11,354$6,304$3,383$1,772$774
47 years$18,920$10,835$5,922$3,125$1,610$687
48 years$18,315$10,343$5,565$2,888$1,462$611
49 years$17,737$9,877$5,231$2,669$1,328$543
50 years$17,184$9,435$4,918$2,467$1,206$482

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $17,600,000, adding $6,137 every year, while hoping to spend $25,477 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: 29/50/21 Blend
54$17,600,000$17,600,000$17,600,000$17,600,000
55$19,401,530$18,468,730$18,195,930$19,835,957
56$21,353,379$19,346,591$18,778,387$21,048,624
57$23,503,463$20,266,613$19,379,501$22,348,814
58$25,871,974$21,230,835$19,999,873$23,746,173
59$28,481,165$22,241,395$20,640,118$25,249,068
60$31,355,556$23,300,536$21,300,874$26,866,650
61$34,522,168$24,410,608$21,982,799$28,608,929
62$38,010,778$25,574,076$22,686,572$30,486,863
63$41,854,197$26,793,526$23,412,892$32,512,444
64$46,088,584$28,071,668$24,162,483$34,698,807
65$50,753,785$29,411,344$24,936,091$37,060,339
66$55,893,707$30,815,536$25,734,486$39,612,803
67$61,556,737$32,287,369$26,558,463$42,373,473
68$67,796,194$33,830,120$27,408,842$45,361,287
69$74,670,838$35,447,228$28,286,470$48,597,011
70$82,245,417$37,142,296$29,192,220$52,103,416
71$90,591,285$38,919,104$30,126,995$55,905,483
72$99,787,072$40,781,616$31,091,725$60,030,624
73$109,919,427$42,733,989$32,087,372$64,508,917
74$121,083,835$44,780,581$33,114,925$69,373,380
75$133,385,521$46,925,964$34,175,410$74,660,260
76$146,940,440$49,174,932$35,269,882$80,409,357
77$161,876,372$51,532,511$36,399,430$86,664,381
78$178,334,132$54,003,974$37,565,181$93,473,342
79$196,468,893$56,594,849$38,768,295$100,888,985
80$216,451,658$59,310,934$40,009,970$108,969,257
81$238,470,868$62,158,310$41,291,445$117,777,840
82$262,734,183$65,143,354$42,613,994$127,384,718
83$289,470,443$68,272,752$43,978,937$137,866,819
84$318,931,829$71,553,518$45,387,632$149,308,707
85$351,396,242$74,993,006$46,841,484$161,803,357
86$387,169,926$78,598,931$48,341,941$175,452,998
87$426,590,361$82,379,381$49,890,499$190,370,050
88$470,029,446$86,342,839$51,488,699$206,678,149
89$517,897,015$90,498,204$53,138,136$224,513,281
90$570,644,700$94,854,805$54,840,452$244,025,031
91$628,770,197$99,422,428$56,597,346$265,377,953
92$692,821,967$104,211,337$58,410,566$288,753,087
93$763,404,410$109,232,294$60,281,922$314,349,626
94$841,183,571$114,496,588$62,213,279$342,386,749
95$926,893,432$120,016,058$64,206,560$373,105,650
96$1,021,342,837$125,803,120$66,263,755$406,771,763
97$1,125,423,129$131,870,795$68,386,913$443,677,218
98$1,240,116,566$138,232,742$70,578,152$484,143,549
99$1,366,505,591$144,903,282$72,839,656$528,524,670
100$1,505,783,057$151,897,438$75,173,680$577,210,160