Can I retire at age 55 with 17,800,000?

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 $17,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,408,092
2 years$727,677$714,125$700,990$688,256$675,903$664,508
3 years$480,299$466,688$453,587$440,972$428,821$417,688
4 years$356,634$343,065$330,095$317,696$305,839$295,053
5 years$282,455$268,967$256,167$244,021$232,494$222,088
6 years$233,018$219,632$207,021$195,145$183,964$173,952
7 years$197,720$184,447$172,036$160,440$149,612$139,997
8 years$171,259$158,105$145,900$134,589$124,118$114,900
9 years$150,688$137,659$125,664$114,640$104,525$95,702
10 years$134,242$121,339$109,556$98,821$89,061$80,628
11 years$120,794$108,021$96,452$86,004$76,595$68,546
12 years$109,596$96,954$85,598$75,437$66,376$58,703
13 years$100,128$87,618$76,477$66,599$57,881$50,576
14 years$92,019$79,643$68,715$59,119$50,738$43,792
15 years$84,998$72,755$62,040$52,724$44,674$38,076
16 years$78,861$66,751$56,248$47,209$39,483$33,224
17 years$73,451$61,475$51,184$42,417$35,008$29,078
18 years$68,648$56,806$46,724$38,226$31,128$25,515
19 years$64,355$52,647$42,774$34,540$27,745$22,438
20 years$60,497$48,922$39,256$31,283$24,782$19,770
21 years$57,010$45,569$36,108$28,391$22,177$17,449
22 years$53,845$42,537$33,279$25,814$19,879$15,422
23 years$50,959$39,784$30,727$23,510$17,844$13,649
24 years$48,317$37,275$28,417$21,442$16,039$12,093
25 years$45,891$34,981$26,320$19,582$14,433$10,724
26 years$43,655$32,876$24,411$17,905$13,000$9,519
27 years$41,588$30,941$22,667$16,389$11,721$8,456
28 years$39,672$29,155$21,072$15,016$10,576$7,516
29 years$37,892$27,505$19,610$13,770$9,550$6,685
30 years$36,233$25,975$18,266$12,637$8,629$5,949
31 years$34,684$24,555$17,028$11,606$7,801$5,296
32 years$33,235$23,234$15,888$10,666$7,057$4,717
33 years$31,877$22,003$14,835$9,809$6,386$4,203
34 years$30,602$20,854$13,861$9,025$5,782$3,746
35 years$29,401$19,780$12,959$8,308$5,237$3,340
36 years$28,271$18,774$12,122$7,651$4,745$2,978
37 years$27,203$17,831$11,346$7,050$4,301$2,656
38 years$26,195$16,946$10,625$6,498$3,899$2,370
39 years$25,240$16,114$9,955$5,991$3,536$2,115
40 years$24,335$15,331$9,331$5,526$3,207$1,887
41 years$23,477$14,593$8,749$5,099$2,909$1,685
42 years$22,662$13,898$8,207$4,705$2,640$1,504
43 years$21,887$13,242$7,701$4,344$2,396$1,343
44 years$21,149$12,623$7,229$4,011$2,175$1,199
45 years$20,446$12,037$6,788$3,704$1,974$1,071
46 years$19,775$11,483$6,375$3,421$1,793$956
47 years$19,135$10,958$5,989$3,161$1,628$854
48 years$18,524$10,461$5,628$2,921$1,478$763
49 years$17,939$9,990$5,290$2,699$1,343$681
50 years$17,379$9,542$4,974$2,495$1,220$608

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $17,800,000, adding $2,997 every year, while hoping to spend $37,093 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: 37/40/23 Blend
54$17,800,000$17,800,000$17,800,000$17,800,000
55$19,618,691$18,675,291$18,399,391$20,208,904
56$21,580,331$19,550,914$18,976,304$21,516,057
57$23,740,815$20,468,199$19,571,301$22,923,380
58$26,120,386$21,429,148$20,184,947$24,442,791
59$28,741,351$22,435,862$20,817,828$26,084,405
60$31,628,289$23,490,540$21,470,546$27,859,311
61$34,808,288$24,595,489$22,143,722$29,779,670
62$38,311,194$25,753,130$22,837,998$31,858,818
63$42,169,900$26,965,997$23,554,035$34,111,389
64$46,420,649$28,236,750$24,292,515$36,553,438
65$51,103,382$29,568,177$25,054,140$39,202,588
66$56,262,109$30,963,200$25,839,636$42,078,183
67$61,945,332$32,424,884$26,649,751$45,201,461
68$68,206,494$33,956,443$27,485,257$48,595,747
69$75,104,492$35,561,243$28,346,948$52,286,656
70$82,704,224$37,242,819$29,235,645$56,302,329
71$91,077,210$39,004,872$30,152,194$60,673,681
72$100,302,261$40,851,286$31,097,469$65,434,684
73$110,466,226$42,786,133$32,072,368$70,622,672
74$121,664,808$44,813,681$33,077,819$76,278,679
75$134,003,473$46,938,406$34,114,781$82,447,813
76$147,598,441$49,165,002$35,184,240$89,179,666
77$162,577,784$51,498,389$36,287,214$96,528,766
78$179,082,636$53,943,727$37,424,753$104,555,072
79$197,268,522$56,506,428$38,597,940$113,324,527
80$217,306,833$59,192,164$39,807,892$122,909,659
81$239,386,433$62,006,884$41,055,760$133,390,246
82$263,715,454$64,956,825$42,342,733$144,854,052
83$290,523,250$68,048,530$43,670,034$157,397,629
84$320,062,570$71,288,855$45,038,928$171,127,212
85$352,611,937$74,684,995$46,450,717$186,159,693
86$388,478,284$78,244,488$47,906,746$202,623,705
87$427,999,846$81,975,245$49,408,399$220,660,808
88$471,549,355$85,885,558$50,957,105$240,426,799
89$519,537,561$89,984,122$52,554,340$262,093,156
90$572,417,104$94,280,056$54,201,622$285,848,627
91$630,686,792$98,782,922$55,900,520$311,900,981
92$694,896,307$103,502,747$57,652,650$340,478,936
93$765,651,396$108,450,047$59,459,679$371,834,290
94$843,619,587$113,635,848$61,323,327$406,244,256
95$929,536,494$119,071,714$63,245,367$444,014,046
96$1,024,212,758$124,769,769$65,227,629$485,479,715
97$1,128,541,703$130,742,732$67,271,998$531,011,290
98$1,243,507,766$137,003,935$69,380,419$581,016,224
99$1,370,195,794$143,567,364$71,554,899$635,943,198
100$1,509,801,284$150,447,683$73,797,507$696,286,308