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%18%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,373,411
2 years$727,677$714,125$700,990$688,256$675,903$630,005
3 years$480,299$466,688$453,587$440,972$428,821$384,451
4 years$356,634$343,065$330,095$317,696$305,839$263,336
5 years$282,455$268,967$256,167$244,021$232,494$191,972
6 years$233,018$219,632$207,021$195,145$183,964$145,458
7 years$197,720$184,447$172,036$160,440$149,612$113,117
8 years$171,259$158,105$145,900$134,589$124,118$89,607
9 years$150,688$137,659$125,664$114,640$104,525$71,960
10 years$134,242$121,339$109,556$98,821$89,061$58,390
11 years$120,794$108,021$96,452$86,004$76,595$47,762
12 years$109,596$96,954$85,598$75,437$66,376$39,318
13 years$100,128$87,618$76,477$66,599$57,881$32,531
14 years$92,019$79,643$68,715$59,119$50,738$27,026
15 years$84,998$72,755$62,040$52,724$44,674$22,528
16 years$78,861$66,751$56,248$47,209$39,483$18,830
17 years$73,451$61,475$51,184$42,417$35,008$15,774
18 years$68,648$56,806$46,724$38,226$31,128$13,239
19 years$64,355$52,647$42,774$34,540$27,745$11,129
20 years$60,497$48,922$39,256$31,283$24,782$9,367
21 years$57,010$45,569$36,108$28,391$22,177$7,892
22 years$53,845$42,537$33,279$25,814$19,879$6,656
23 years$50,959$39,784$30,727$23,510$17,844$5,618
24 years$48,317$37,275$28,417$21,442$16,039$4,744
25 years$45,891$34,981$26,320$19,582$14,433$4,009
26 years$43,655$32,876$24,411$17,905$13,000$3,389
27 years$41,588$30,941$22,667$16,389$11,721$2,866
28 years$39,672$29,155$21,072$15,016$10,576$2,424
29 years$37,892$27,505$19,610$13,770$9,550$2,052
30 years$36,233$25,975$18,266$12,637$8,629$1,736
31 years$34,684$24,555$17,028$11,606$7,801$1,470
32 years$33,235$23,234$15,888$10,666$7,057$1,245
33 years$31,877$22,003$14,835$9,809$6,386$1,054
34 years$30,602$20,854$13,861$9,025$5,782$893
35 years$29,401$19,780$12,959$8,308$5,237$756
36 years$28,271$18,774$12,122$7,651$4,745$640
37 years$27,203$17,831$11,346$7,050$4,301$542
38 years$26,195$16,946$10,625$6,498$3,899$460
39 years$25,240$16,114$9,955$5,991$3,536$389
40 years$24,335$15,331$9,331$5,526$3,207$330
41 years$23,477$14,593$8,749$5,099$2,909$280
42 years$22,662$13,898$8,207$4,705$2,640$237
43 years$21,887$13,242$7,701$4,344$2,396$201
44 years$21,149$12,623$7,229$4,011$2,175$170
45 years$20,446$12,037$6,788$3,704$1,974$144
46 years$19,775$11,483$6,375$3,421$1,793$122
47 years$19,135$10,958$5,989$3,161$1,628$103
48 years$18,524$10,461$5,628$2,921$1,478$88
49 years$17,939$9,990$5,290$2,699$1,343$74
50 years$17,379$9,542$4,974$2,495$1,220$63

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 $6,370 every year, while hoping to spend $31,740 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: 47/43/10 Blend
54$17,800,000$17,800,000$17,800,000$17,800,000
55$19,622,171$18,678,771$18,402,871$20,490,001
56$21,589,861$19,560,259$18,985,596$21,969,904
57$23,757,192$20,483,877$19,586,778$23,571,277
58$26,144,493$21,451,655$20,207,003$25,308,471
59$28,774,167$22,465,722$20,846,874$27,194,112
60$31,670,901$23,528,311$21,507,012$29,242,058
61$34,861,897$24,641,762$22,188,061$31,467,520
62$38,377,132$25,808,530$22,890,683$33,887,201
63$42,249,640$27,031,189$23,615,562$36,519,442
64$46,515,823$28,312,436$24,363,402$39,384,385
65$51,215,792$29,655,101$25,134,931$42,504,159
66$56,393,752$31,062,150$25,930,901$45,903,074
67$62,098,413$32,536,694$26,752,084$49,607,844
68$68,383,453$34,081,994$27,599,281$53,647,822
69$75,308,024$35,701,470$28,473,316$58,055,275
70$82,937,310$37,398,709$29,375,039$62,865,669
71$91,343,140$39,177,470$30,305,327$68,117,994
72$100,604,671$41,041,697$31,265,086$73,855,122
73$110,809,131$42,995,524$32,255,250$80,124,192
74$122,052,643$45,043,285$33,276,782$86,977,047
75$134,441,134$47,189,528$34,330,676$94,470,702
76$148,091,334$49,439,019$35,417,958$102,667,874
77$163,131,877$51,796,758$36,539,686$111,637,551
78$179,704,514$54,267,985$37,696,951$121,455,630
79$197,965,456$56,858,197$38,890,880$132,205,614
80$218,086,842$59,573,159$40,122,635$143,979,382
81$240,258,371$62,418,915$41,393,414$156,878,036
82$264,689,086$65,401,803$42,704,455$171,012,835
83$291,609,351$68,528,469$44,057,033$186,506,224
84$321,273,026$71,805,885$45,452,464$203,492,967
85$353,959,860$75,241,359$46,892,107$222,121,396
86$389,978,137$78,842,556$48,377,363$242,554,785
87$429,667,580$82,617,515$49,909,678$264,972,865
88$473,402,564$86,574,664$51,490,544$289,573,498
89$521,595,647$90,722,844$53,121,498$316,574,510
90$574,701,464$95,071,324$54,804,129$346,215,720
91$633,221,020$99,629,826$56,540,075$378,761,173
92$697,706,422$104,408,545$58,331,025$414,501,602
93$768,766,085$109,418,173$60,178,723$453,757,131
94$847,070,483$114,669,920$62,084,967$496,880,269
95$933,358,473$120,175,547$64,051,614$544,259,197
96$1,028,444,272$125,947,383$66,080,577$596,321,389
97$1,133,225,144$131,998,361$68,173,833$653,537,612
98$1,248,689,871$138,342,043$70,333,419$716,426,326
99$1,375,928,086$144,992,652$72,561,437$785,558,526
100$1,516,140,563$151,965,104$74,860,057$861,563,095