Can I retire at age 55 with 18,100,000?

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 $18,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,411,870
2 years$739,941$726,160$712,805$699,855$687,295$655,769
3 years$488,394$474,554$461,232$448,404$436,048$405,429
4 years$362,645$348,847$335,659$323,050$310,993$281,517
5 years$287,216$273,501$260,485$248,133$236,412$208,162
6 years$236,946$223,334$210,510$198,434$187,065$160,071
7 years$201,052$187,555$174,935$163,144$152,134$126,401
8 years$174,145$160,770$148,359$136,857$126,210$101,729
9 years$153,228$139,979$127,782$116,572$106,287$83,040
10 years$136,504$123,384$111,403$100,486$90,562$68,526
11 years$122,830$109,842$98,077$87,453$77,886$57,032
12 years$111,443$98,588$87,041$76,708$67,494$47,789
13 years$101,815$89,095$77,765$67,722$58,856$40,266
14 years$93,570$80,985$69,873$60,116$51,593$34,080
15 years$86,431$73,981$63,086$53,613$45,427$28,951
16 years$80,190$67,876$57,196$48,004$40,148$24,671
17 years$74,689$62,512$52,046$43,132$35,598$21,078
18 years$69,805$57,763$47,512$38,870$31,652$18,047
19 years$65,440$53,535$43,495$35,123$28,212$15,481
20 years$61,516$49,747$39,917$31,810$25,200$13,300
21 years$57,971$46,337$36,716$28,870$22,551$11,442
22 years$54,752$43,254$33,840$26,249$20,214$9,854
23 years$51,818$40,455$31,245$23,906$18,145$8,495
24 years$49,132$37,903$28,896$21,803$16,309$7,329
25 years$46,665$35,571$26,764$19,912$14,676$6,328
26 years$44,391$33,431$24,822$18,207$13,219$5,467
27 years$42,289$31,462$23,049$16,665$11,918$4,726
28 years$40,341$29,647$21,427$15,269$10,754$4,087
29 years$38,530$27,968$19,940$14,002$9,711$3,536
30 years$36,844$26,413$18,573$12,850$8,774$3,060
31 years$35,269$24,969$17,315$11,802$7,933$2,649
32 years$33,796$23,626$16,156$10,846$7,176$2,294
33 years$32,414$22,374$15,085$9,974$6,494$1,987
34 years$31,117$21,205$14,094$9,177$5,880$1,721
35 years$29,897$20,113$13,177$8,448$5,325$1,491
36 years$28,747$19,090$12,327$7,780$4,825$1,292
37 years$27,662$18,131$11,538$7,168$4,373$1,120
38 years$26,636$17,231$10,805$6,607$3,965$970
39 years$25,665$16,385$10,123$6,092$3,595$841
40 years$24,746$15,589$9,488$5,619$3,261$729
41 years$23,873$14,839$8,897$5,184$2,959$632
42 years$23,044$14,133$8,345$4,785$2,685$548
43 years$22,256$13,465$7,831$4,417$2,436$475
44 years$21,505$12,835$7,351$4,078$2,212$412
45 years$20,790$12,240$6,902$3,766$2,008$357
46 years$20,109$11,676$6,483$3,479$1,823$310
47 years$19,458$11,143$6,090$3,214$1,655$269
48 years$18,836$10,637$5,723$2,970$1,503$233
49 years$18,241$10,158$5,379$2,745$1,365$202
50 years$17,672$9,703$5,058$2,537$1,240$175

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $18,100,000, adding $5,625 every year, while hoping to spend $26,871 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: 55/33/12 Blend
54$18,100,000$18,100,000$18,100,000$18,100,000
55$19,952,002$18,992,702$18,712,152$20,987,851
56$21,958,516$19,894,754$19,310,419$22,593,083
57$24,168,793$20,840,106$19,927,827$24,336,624
58$26,603,590$21,830,851$20,564,989$26,234,412
59$29,285,778$22,869,184$21,222,538$28,301,149
60$32,240,561$23,957,408$21,901,126$30,552,986
61$35,495,711$25,097,934$22,601,427$33,007,679
62$39,081,836$26,293,295$23,324,137$35,684,738
63$43,032,661$27,546,144$24,069,973$38,605,612
64$47,385,350$28,859,263$24,839,675$41,793,884
65$52,180,860$30,235,571$25,634,008$45,275,480
66$57,464,321$31,678,127$26,453,761$49,078,912
67$63,285,467$33,190,141$27,299,747$53,235,536
68$69,699,104$34,774,977$28,172,808$57,779,837
69$76,765,624$36,436,162$29,073,809$62,749,749
70$84,551,582$38,177,398$30,003,645$68,187,003
71$93,130,317$40,002,565$30,963,241$74,137,508
72$102,582,649$41,915,730$31,953,550$80,651,774
73$112,997,640$43,921,162$32,975,554$87,785,382
74$124,473,434$46,023,333$34,030,270$95,599,492
75$137,118,185$48,226,937$35,118,745$104,161,410
76$151,051,077$50,536,895$36,242,060$113,545,211
77$166,403,450$52,958,365$37,401,332$123,832,425
78$183,320,037$55,496,760$38,597,712$135,112,792
79$201,960,334$58,157,755$39,832,389$147,485,093
80$222,500,104$60,947,301$41,106,589$161,058,071
81$245,133,035$63,871,638$42,421,580$175,951,438
82$270,072,568$66,937,313$43,778,667$192,296,989
83$297,553,918$70,151,188$45,179,199$210,239,830
84$327,836,284$73,520,463$46,624,569$229,939,727
85$361,205,305$77,052,686$48,116,212$251,572,598
86$397,975,752$80,755,774$49,655,612$275,332,149
87$438,494,502$84,638,030$51,244,298$301,431,687
88$483,143,809$88,708,161$52,883,849$330,106,106
89$532,344,915$92,975,299$54,575,896$361,614,085
90$586,562,028$97,449,020$56,322,120$396,240,503
91$646,306,701$102,139,368$58,124,258$434,299,105
92$712,142,665$107,056,877$59,984,100$476,135,438
93$784,691,146$112,212,593$61,903,497$522,130,080
94$864,636,734$117,618,102$63,884,356$572,702,209
95$952,733,847$123,285,555$65,928,647$628,313,527
96$1,049,813,846$129,227,693$68,038,403$689,472,587
97$1,156,792,891$135,457,883$70,215,722$756,739,559
98$1,274,680,586$141,990,140$72,462,770$830,731,487
99$1,404,589,514$148,839,165$74,781,780$912,128,071
100$1,547,745,734$156,020,374$77,175,060$1,001,678,051