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%12.9%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,402,242
2 years$727,677$714,125$700,990$688,256$675,903$658,639
3 years$480,299$466,688$453,587$440,972$428,821$411,983
4 years$356,634$343,065$330,095$317,696$305,839$289,557
5 years$282,455$268,967$256,167$244,021$232,494$216,816
6 years$233,018$219,632$207,021$195,145$183,964$168,910
7 years$197,720$184,447$172,036$160,440$149,612$135,187
8 years$171,259$158,105$145,900$134,589$124,118$110,320
9 years$150,688$137,659$125,664$114,640$104,525$91,349
10 years$134,242$121,339$109,556$98,821$89,061$76,497
11 years$120,794$108,021$96,452$86,004$76,595$64,634
12 years$109,596$96,954$85,598$75,437$66,376$55,003
13 years$100,128$87,618$76,477$66,599$57,881$47,083
14 years$92,019$79,643$68,715$59,119$50,738$40,498
15 years$84,998$72,755$62,040$52,724$44,674$34,976
16 years$78,861$66,751$56,248$47,209$39,483$30,310
17 years$73,451$61,475$51,184$42,417$35,008$26,343
18 years$68,648$56,806$46,724$38,226$31,128$22,951
19 years$64,355$52,647$42,774$34,540$27,745$20,038
20 years$60,497$48,922$39,256$31,283$24,782$17,527
21 years$57,010$45,569$36,108$28,391$22,177$15,354
22 years$53,845$42,537$33,279$25,814$19,879$13,469
23 years$50,959$39,784$30,727$23,510$17,844$11,829
24 years$48,317$37,275$28,417$21,442$16,039$10,400
25 years$45,891$34,981$26,320$19,582$14,433$9,152
26 years$43,655$32,876$24,411$17,905$13,000$8,059
27 years$41,588$30,941$22,667$16,389$11,721$7,102
28 years$39,672$29,155$21,072$15,016$10,576$6,263
29 years$37,892$27,505$19,610$13,770$9,550$5,525
30 years$36,233$25,975$18,266$12,637$8,629$4,877
31 years$34,684$24,555$17,028$11,606$7,801$4,306
32 years$33,235$23,234$15,888$10,666$7,057$3,804
33 years$31,877$22,003$14,835$9,809$6,386$3,361
34 years$30,602$20,854$13,861$9,025$5,782$2,971
35 years$29,401$19,780$12,959$8,308$5,237$2,627
36 years$28,271$18,774$12,122$7,651$4,745$2,323
37 years$27,203$17,831$11,346$7,050$4,301$2,054
38 years$26,195$16,946$10,625$6,498$3,899$1,817
39 years$25,240$16,114$9,955$5,991$3,536$1,608
40 years$24,335$15,331$9,331$5,526$3,207$1,423
41 years$23,477$14,593$8,749$5,099$2,909$1,259
42 years$22,662$13,898$8,207$4,705$2,640$1,114
43 years$21,887$13,242$7,701$4,344$2,396$986
44 years$21,149$12,623$7,229$4,011$2,175$873
45 years$20,446$12,037$6,788$3,704$1,974$773
46 years$19,775$11,483$6,375$3,421$1,793$684
47 years$19,135$10,958$5,989$3,161$1,628$606
48 years$18,524$10,461$5,628$2,921$1,478$536
49 years$17,939$9,990$5,290$2,699$1,343$475
50 years$17,379$9,542$4,974$2,495$1,220$420

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 $2,885 every year, while hoping to spend $24,783 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: 75/9/16 Blend
54$17,800,000$17,800,000$17,800,000$17,800,000
55$19,618,576$18,675,176$18,399,276$21,020,124
56$21,593,302$19,563,891$18,989,283$22,836,233
57$23,768,619$20,495,322$19,598,224$24,822,836
58$26,164,962$21,471,536$20,226,708$26,999,578
59$28,804,848$22,494,701$20,875,363$29,385,378
60$31,713,090$23,567,090$21,544,836$32,001,068
61$34,917,034$24,691,085$22,235,796$34,869,581
62$38,446,809$25,869,186$22,948,933$38,016,173
63$42,335,621$27,104,014$23,684,960$41,468,652
64$46,620,060$28,398,316$24,444,611$45,257,641
65$51,340,447$29,754,975$25,228,647$49,416,863
66$56,541,216$31,177,011$26,037,849$53,983,457
67$62,271,330$32,667,595$26,873,028$58,998,325
68$68,584,747$34,230,049$27,735,016$64,506,515
69$75,540,928$35,867,859$28,624,676$70,557,643
70$83,205,397$37,584,677$29,542,896$77,206,355
71$91,650,359$39,384,338$30,490,595$84,512,844
72$100,955,384$41,270,859$31,468,718$92,543,411
73$111,208,158$43,248,456$32,478,245$101,371,086
74$122,505,307$45,321,548$33,520,183$111,076,317
75$134,953,314$47,494,769$34,595,575$121,747,720
76$148,669,520$49,772,981$35,705,495$133,482,916
77$163,783,235$52,161,281$36,851,053$146,389,444
78$180,436,956$54,665,014$38,033,394$160,585,771
79$198,787,713$57,289,787$39,253,700$176,202,408
80$219,008,552$60,041,479$40,513,191$193,383,134
81$241,290,168$62,926,255$41,813,127$212,286,350
82$265,842,705$65,950,582$43,154,807$233,086,564
83$292,897,741$69,121,240$44,539,573$255,976,038
84$322,710,471$72,445,342$45,968,809$281,166,592
85$355,562,120$75,930,345$47,443,945$308,891,599
86$391,762,596$79,584,071$48,966,457$339,408,179
87$431,653,414$83,414,724$50,537,867$372,999,623
88$475,610,924$87,430,907$52,159,746$409,978,053
89$524,049,858$91,641,641$53,833,718$450,687,369
90$577,427,252$96,056,390$55,561,456$495,506,480
91$636,246,756$100,685,078$57,344,689$544,852,876
92$701,063,390$105,538,111$59,185,201$599,186,558
93$772,488,784$110,626,407$61,084,834$659,014,374
94$851,196,952$115,961,412$63,045,487$724,894,792
95$937,930,653$121,555,134$65,069,123$797,443,160
96$1,033,508,408$127,420,163$67,157,767$877,337,510
97$1,138,832,221$133,569,707$69,313,508$965,324,942
98$1,254,896,101$140,017,617$71,538,504$1,062,228,667
99$1,382,795,442$146,778,418$73,834,982$1,168,955,768
100$1,523,737,363$153,867,346$76,205,240$1,286,505,749