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%15.5%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,410,720
2 years$739,941$726,160$712,805$699,855$687,295$654,626
3 years$488,394$474,554$461,232$448,404$436,048$404,331
4 years$362,645$348,847$335,659$323,050$310,993$280,471
5 years$287,216$273,501$260,485$248,133$236,412$207,171
6 years$236,946$223,334$210,510$198,434$187,065$159,135
7 years$201,052$187,555$174,935$163,144$152,134$125,520
8 years$174,145$160,770$148,359$136,857$126,210$100,903
9 years$153,228$139,979$127,782$116,572$106,287$82,267
10 years$136,504$123,384$111,403$100,486$90,562$67,803
11 years$122,830$109,842$98,077$87,453$77,886$56,359
12 years$111,443$98,588$87,041$76,708$67,494$47,164
13 years$101,815$89,095$77,765$67,722$58,856$39,686
14 years$93,570$80,985$69,873$60,116$51,593$33,543
15 years$86,431$73,981$63,086$53,613$45,427$28,456
16 years$80,190$67,876$57,196$48,004$40,148$24,214
17 years$74,689$62,512$52,046$43,132$35,598$20,658
18 years$69,805$57,763$47,512$38,870$31,652$17,662
19 years$65,440$53,535$43,495$35,123$28,212$15,127
20 years$61,516$49,747$39,917$31,810$25,200$12,977
21 years$57,971$46,337$36,716$28,870$22,551$11,147
22 years$54,752$43,254$33,840$26,249$20,214$9,585
23 years$51,818$40,455$31,245$23,906$18,145$8,250
24 years$49,132$37,903$28,896$21,803$16,309$7,107
25 years$46,665$35,571$26,764$19,912$14,676$6,127
26 years$44,391$33,431$24,822$18,207$13,219$5,285
27 years$42,289$31,462$23,049$16,665$11,918$4,561
28 years$40,341$29,647$21,427$15,269$10,754$3,938
29 years$38,530$27,968$19,940$14,002$9,711$3,401
30 years$36,844$26,413$18,573$12,850$8,774$2,938
31 years$35,269$24,969$17,315$11,802$7,933$2,539
32 years$33,796$23,626$16,156$10,846$7,176$2,195
33 years$32,414$22,374$15,085$9,974$6,494$1,898
34 years$31,117$21,205$14,094$9,177$5,880$1,641
35 years$29,897$20,113$13,177$8,448$5,325$1,420
36 years$28,747$19,090$12,327$7,780$4,825$1,228
37 years$27,662$18,131$11,538$7,168$4,373$1,063
38 years$26,636$17,231$10,805$6,607$3,965$919
39 years$25,665$16,385$10,123$6,092$3,595$796
40 years$24,746$15,589$9,488$5,619$3,261$688
41 years$23,873$14,839$8,897$5,184$2,959$596
42 years$23,044$14,133$8,345$4,785$2,685$516
43 years$22,256$13,465$7,831$4,417$2,436$446
44 years$21,505$12,835$7,351$4,078$2,212$386
45 years$20,790$12,240$6,902$3,766$2,008$334
46 years$20,109$11,676$6,483$3,479$1,823$289
47 years$19,458$11,143$6,090$3,214$1,655$251
48 years$18,836$10,637$5,723$2,970$1,503$217
49 years$18,241$10,158$5,379$2,745$1,365$188
50 years$17,672$9,703$5,058$2,537$1,240$163

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 $4,303 every year, while hoping to spend $35,460 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: 33/50/17 Blend
54$18,100,000$18,100,000$18,100,000$18,100,000
55$19,950,639$18,991,339$18,710,789$20,503,315
56$21,947,875$19,884,185$19,299,871$21,804,119
57$24,147,640$20,819,592$19,907,499$23,201,540
58$26,570,556$21,799,609$20,534,257$24,706,873
59$29,239,344$22,826,382$21,180,746$26,329,612
60$32,179,045$23,902,162$21,847,589$28,080,155
61$35,417,250$25,029,310$22,535,425$29,969,885
62$38,984,364$26,210,301$23,244,916$32,011,274
63$42,913,892$27,447,728$23,976,744$34,217,986
64$47,242,755$28,744,313$24,731,611$36,605,000
65$52,011,639$30,102,907$25,510,243$39,188,734
66$57,265,378$31,526,502$26,313,388$41,987,193
67$63,053,378$33,018,231$27,141,817$45,020,124
68$69,430,082$34,581,384$27,996,328$48,309,190
69$76,455,485$36,219,407$28,877,740$51,878,161
70$84,195,701$37,935,915$29,786,901$55,753,125
71$92,723,585$39,734,697$30,724,684$59,962,717
72$102,119,420$41,619,726$31,691,991$64,538,376
73$112,471,678$43,595,171$32,689,750$69,514,625
74$123,877,853$45,665,398$33,718,920$74,929,377
75$136,445,381$47,834,989$34,780,491$80,824,281
76$150,292,655$50,108,748$35,875,482$87,245,088
77$165,550,140$52,491,711$37,004,945$94,242,071
78$182,361,609$54,989,160$38,169,966$101,870,476
79$200,885,497$57,606,633$39,371,663$110,191,020
80$221,296,396$60,349,936$40,611,192$119,270,444
81$243,786,706$63,225,160$41,889,744$129,182,119
82$268,568,446$66,238,689$43,208,546$140,006,715
83$295,875,261$69,397,218$44,568,867$151,832,932
84$325,964,626$72,707,771$45,972,012$164,758,316
85$359,120,274$76,177,707$47,419,331$178,890,148
86$395,654,877$79,814,750$48,912,213$194,346,429
87$435,912,996$83,626,994$50,452,094$211,256,960
88$480,274,334$87,622,930$52,040,452$229,764,538
89$529,157,323$91,811,460$53,678,813$250,026,266
90$583,023,069$96,201,921$55,368,753$272,215,005
91$642,379,710$100,804,103$57,111,894$296,520,965
92$707,787,209$105,628,273$58,909,912$323,153,461
93$779,862,644$110,685,197$60,764,533$352,342,849
94$859,286,029$115,986,167$62,677,540$384,342,661
95$946,806,737$121,543,022$64,650,770$419,431,945
96$1,043,250,573$127,368,179$66,686,120$457,917,861
97$1,149,527,571$133,474,660$68,785,545$500,138,525
98$1,266,640,585$139,876,120$70,951,063$546,466,150
99$1,395,694,754$146,586,879$73,184,753$597,310,510
100$1,537,907,938$153,621,956$75,488,761$653,122,745