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

Use the below retirement simulation to view the chances of a successful retirement.
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%16.2%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,383,399
2 years$727,677$714,125$700,990$688,256$675,903$639,870
3 years$480,299$466,688$453,587$440,972$428,821$393,879
4 years$356,634$343,065$330,095$317,696$305,839$272,257
5 years$282,455$268,967$256,167$244,021$232,494$200,365
6 years$233,018$219,632$207,021$195,145$183,964$153,321
7 years$197,720$184,447$172,036$160,440$149,612$120,457
8 years$171,259$158,105$145,900$134,589$124,118$96,437
9 years$150,688$137,659$125,664$114,640$104,525$78,295
10 years$134,242$121,339$109,556$98,821$89,061$64,250
11 years$120,794$108,021$96,452$86,004$76,595$53,168
12 years$109,596$96,954$85,598$75,437$66,376$44,291
13 years$100,128$87,618$76,477$66,599$57,881$37,094
14 years$92,019$79,643$68,715$59,119$50,738$31,202
15 years$84,998$72,755$62,040$52,724$44,674$26,341
16 years$78,861$66,751$56,248$47,209$39,483$22,303
17 years$73,451$61,475$51,184$42,417$35,008$18,931
18 years$68,648$56,806$46,724$38,226$31,128$16,102
19 years$64,355$52,647$42,774$34,540$27,745$13,720
20 years$60,497$48,922$39,256$31,283$24,782$11,707
21 years$57,010$45,569$36,108$28,391$22,177$10,002
22 years$53,845$42,537$33,279$25,814$19,879$8,555
23 years$50,959$39,784$30,727$23,510$17,844$7,323
24 years$48,317$37,275$28,417$21,442$16,039$6,273
25 years$45,891$34,981$26,320$19,582$14,433$5,378
26 years$43,655$32,876$24,411$17,905$13,000$4,613
27 years$41,588$30,941$22,667$16,389$11,721$3,958
28 years$39,672$29,155$21,072$15,016$10,576$3,398
29 years$37,892$27,505$19,610$13,770$9,550$2,918
30 years$36,233$25,975$18,266$12,637$8,629$2,507
31 years$34,684$24,555$17,028$11,606$7,801$2,154
32 years$33,235$23,234$15,888$10,666$7,057$1,851
33 years$31,877$22,003$14,835$9,809$6,386$1,591
34 years$30,602$20,854$13,861$9,025$5,782$1,368
35 years$29,401$19,780$12,959$8,308$5,237$1,176
36 years$28,271$18,774$12,122$7,651$4,745$1,012
37 years$27,203$17,831$11,346$7,050$4,301$870
38 years$26,195$16,946$10,625$6,498$3,899$748
39 years$25,240$16,114$9,955$5,991$3,536$644
40 years$24,335$15,331$9,331$5,526$3,207$554
41 years$23,477$14,593$8,749$5,099$2,909$476
42 years$22,662$13,898$8,207$4,705$2,640$410
43 years$21,887$13,242$7,701$4,344$2,396$353
44 years$21,149$12,623$7,229$4,011$2,175$303
45 years$20,446$12,037$6,788$3,704$1,974$261
46 years$19,775$11,483$6,375$3,421$1,793$225
47 years$19,135$10,958$5,989$3,161$1,628$193
48 years$18,524$10,461$5,628$2,921$1,478$166
49 years$17,939$9,990$5,290$2,699$1,343$143
50 years$17,379$9,542$4,974$2,495$1,220$123

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 $2,153 every year, while hoping to spend $39,990 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: 37/50/13 Blend
54$17,800,000$17,800,000$17,800,000$17,800,000
55$19,617,821$18,674,421$18,398,521$20,265,489
56$21,576,289$19,546,918$18,972,322$21,601,735
57$23,733,182$20,460,828$19,564,006$23,040,117
58$26,108,694$21,418,137$20,174,128$24,592,882
59$28,725,083$22,420,928$20,803,263$26,270,274
60$31,606,873$23,471,384$21,452,004$28,083,519
61$34,781,088$24,571,796$22,120,960$30,044,918
62$38,277,507$25,724,562$22,810,760$32,167,957
63$42,128,947$26,932,200$23,522,055$34,467,422
64$46,371,569$28,197,347$24,255,513$36,959,533
65$51,045,220$29,522,768$25,011,824$39,662,079
66$56,193,812$30,911,363$25,791,699$42,594,582
67$61,865,732$32,366,172$26,595,873$45,778,465
68$68,114,304$33,890,381$27,425,101$49,237,241
69$74,998,285$35,487,331$28,280,164$52,996,728
70$82,582,426$37,160,527$29,161,866$57,085,271
71$90,938,080$38,913,639$30,071,035$61,534,003
72$100,143,877$40,750,521$31,008,528$66,377,117
73$110,286,464$42,675,207$31,975,225$71,652,181
74$121,461,324$44,691,933$32,972,035$77,400,469
75$133,773,677$46,805,136$33,999,897$83,667,337
76$147,339,474$49,019,470$35,059,776$90,502,634
77$162,286,491$51,339,814$36,152,668$97,961,153
78$178,755,532$53,771,284$37,279,602$106,103,126
79$196,901,764$56,319,244$38,441,636$114,994,777
80$216,896,176$58,989,320$39,639,863$124,708,923
81$238,927,197$61,787,407$40,875,409$135,325,639
82$263,202,471$64,719,691$42,149,436$146,932,987
83$289,950,822$67,792,654$43,463,141$159,627,832
84$319,424,408$71,013,097$44,817,758$173,516,720
85$351,901,106$74,388,147$46,214,561$188,716,863
86$387,687,133$77,925,279$47,654,863$205,357,214
87$427,119,935$81,632,333$49,140,016$223,579,659
88$470,571,378$85,517,527$50,671,416$243,540,319
89$518,451,253$89,589,480$52,250,502$265,410,997
90$571,211,145$93,857,228$53,878,758$289,380,763
91$629,348,698$98,330,249$55,557,713$315,657,700
92$693,412,313$103,018,480$57,288,945$344,470,840
93$764,006,324$107,932,340$59,074,079$376,072,276
94$841,796,702$113,082,757$60,914,793$410,739,508
95$927,517,342$118,481,189$62,812,816$448,778,018
96$1,021,976,995$124,139,651$64,769,929$490,524,108
97$1,126,066,899$130,070,744$66,787,972$536,348,026
98$1,240,769,192$136,287,681$68,868,839$586,657,416
99$1,367,166,189$142,804,316$71,014,484$641,901,110
100$1,506,450,594$149,635,181$73,226,923$702,573,312