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%16.8%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,403,307
2 years$739,941$726,160$712,805$699,855$687,295$647,282
3 years$488,394$474,554$461,232$448,404$436,048$397,287
4 years$362,645$348,847$335,659$323,050$310,993$273,782
5 years$287,216$273,501$260,485$248,133$236,412$200,853
6 years$236,946$223,334$210,510$198,434$187,065$153,191
7 years$201,052$187,555$174,935$163,144$152,134$119,946
8 years$174,145$160,770$148,359$136,857$126,210$95,691
9 years$153,228$139,979$127,782$116,572$106,287$77,408
10 years$136,504$123,384$111,403$100,486$90,562$63,285
11 years$122,830$109,842$98,077$87,453$77,886$52,168
12 years$111,443$98,588$87,041$76,708$67,494$43,287
13 years$101,815$89,095$77,765$67,722$58,856$36,107
14 years$93,570$80,985$69,873$60,116$51,593$30,247
15 years$86,431$73,981$63,086$53,613$45,427$25,427
16 years$80,190$67,876$57,196$48,004$40,148$21,437
17 years$74,689$62,512$52,046$43,132$35,598$18,117
18 years$69,805$57,763$47,512$38,870$31,652$15,342
19 years$65,440$53,535$43,495$35,123$28,212$13,013
20 years$61,516$49,747$39,917$31,810$25,200$11,054
21 years$57,971$46,337$36,716$28,870$22,551$9,400
22 years$54,752$43,254$33,840$26,249$20,214$8,002
23 years$51,818$40,455$31,245$23,906$18,145$6,818
24 years$49,132$37,903$28,896$21,803$16,309$5,813
25 years$46,665$35,571$26,764$19,912$14,676$4,959
26 years$44,391$33,431$24,822$18,207$13,219$4,233
27 years$42,289$31,462$23,049$16,665$11,918$3,615
28 years$40,341$29,647$21,427$15,269$10,754$3,088
29 years$38,530$27,968$19,940$14,002$9,711$2,639
30 years$36,844$26,413$18,573$12,850$8,774$2,256
31 years$35,269$24,969$17,315$11,802$7,933$1,929
32 years$33,796$23,626$16,156$10,846$7,176$1,649
33 years$32,414$22,374$15,085$9,974$6,494$1,411
34 years$31,117$21,205$14,094$9,177$5,880$1,207
35 years$29,897$20,113$13,177$8,448$5,325$1,032
36 years$28,747$19,090$12,327$7,780$4,825$883
37 years$27,662$18,131$11,538$7,168$4,373$756
38 years$26,636$17,231$10,805$6,607$3,965$647
39 years$25,665$16,385$10,123$6,092$3,595$554
40 years$24,746$15,589$9,488$5,619$3,261$474
41 years$23,873$14,839$8,897$5,184$2,959$406
42 years$23,044$14,133$8,345$4,785$2,685$347
43 years$22,256$13,465$7,831$4,417$2,436$297
44 years$21,505$12,835$7,351$4,078$2,212$254
45 years$20,790$12,240$6,902$3,766$2,008$218
46 years$20,109$11,676$6,483$3,479$1,823$186
47 years$19,458$11,143$6,090$3,214$1,655$160
48 years$18,836$10,637$5,723$2,970$1,503$137
49 years$18,241$10,158$5,379$2,745$1,365$117
50 years$17,672$9,703$5,058$2,537$1,240$100

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 $6,304 every year, while hoping to spend $53,750 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: 60/34/6 Blend
54$18,100,000$18,100,000$18,100,000$18,100,000
55$19,952,703$18,993,403$18,712,853$21,126,779
56$21,930,689$19,866,890$19,282,544$22,786,574
57$24,108,628$20,781,376$19,869,518$24,589,331
58$26,506,859$21,738,814$20,474,297$26,554,172
59$29,147,792$22,741,250$21,097,420$28,696,679
60$32,056,124$23,790,828$21,739,441$31,033,980
61$35,259,066$24,889,796$22,400,929$33,584,905
62$38,786,604$26,040,510$23,082,474$36,370,157
63$42,671,782$27,245,439$23,784,681$39,412,504
64$46,951,009$28,507,171$24,508,173$42,736,981
65$51,664,409$29,828,419$25,253,594$46,371,125
66$56,856,194$31,212,027$26,021,605$50,345,226
67$62,575,085$32,660,975$26,812,887$54,692,601
68$68,874,768$34,178,388$27,628,144$59,449,909
69$75,814,406$35,767,540$28,468,098$64,657,479
70$83,459,190$37,431,865$29,333,494$70,359,687
71$91,880,962$39,174,961$30,225,101$76,605,365
72$101,158,886$41,000,599$31,143,707$83,448,253
73$111,380,199$42,912,735$32,090,128$90,947,491
74$122,641,033$44,915,514$33,065,202$99,168,174
75$135,047,325$47,013,280$34,069,792$108,181,950
76$148,715,811$49,210,590$35,104,789$118,067,685
77$163,775,133$51,512,218$36,171,109$128,912,197
78$180,367,050$53,923,170$37,269,695$140,811,062
79$198,647,779$56,448,695$38,401,519$153,869,503
80$218,789,466$59,094,295$39,567,583$168,203,367
81$240,981,812$61,865,736$40,768,918$183,940,207
82$265,433,867$64,769,067$42,006,587$201,220,467
83$292,375,996$67,810,626$43,281,682$220,198,796
84$322,062,060$70,997,059$44,595,331$241,045,487
85$354,771,810$74,335,335$45,948,694$263,948,068
86$390,813,525$77,832,757$47,342,967$289,113,053
87$430,526,929$81,496,986$48,779,380$316,767,876
88$474,286,387$85,336,050$50,259,201$347,163,011
89$522,504,451$89,358,368$51,783,736$380,574,319
90$575,635,743$93,572,767$53,354,330$417,305,630
91$634,181,257$97,988,500$54,972,367$457,691,587
92$698,693,079$102,615,271$56,639,275$502,100,778
93$769,779,604$107,463,250$58,356,523$550,939,195
94$848,111,280$112,543,106$60,125,623$604,654,036
95$934,426,933$117,866,021$61,948,133$663,737,898
96$1,029,540,744$123,443,719$63,825,659$728,733,399
97$1,134,349,935$129,288,497$65,759,854$800,238,271
98$1,249,843,238$135,413,243$67,752,419$878,910,968
99$1,377,110,232$141,831,475$69,805,108$965,476,847
100$1,517,351,622$148,557,364$71,919,726$1,060,734,983