Can I retire at age 55 with 18,200,000?

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 $18,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,437,933
2 years$744,029$730,172$716,743$703,722$691,092$677,631
3 years$491,092$477,176$463,780$450,882$438,457$425,313
4 years$364,649$350,775$337,513$324,835$312,711$299,985
5 years$288,802$275,012$261,924$249,504$237,718$225,447
6 years$238,255$224,568$211,674$199,531$188,098$176,298
7 years$202,163$188,592$175,902$164,045$152,974$141,650
8 years$175,107$161,658$149,179$137,613$126,907$116,058
9 years$154,074$140,752$128,487$117,216$106,874$96,497
10 years$137,258$124,066$112,018$101,041$91,062$81,151
11 years$123,508$110,449$98,619$87,936$78,316$68,863
12 years$112,059$99,133$87,522$77,132$67,867$58,863
13 years$102,378$89,587$78,195$68,096$59,182$50,616
14 years$94,087$81,432$70,259$60,448$51,878$43,740
15 years$86,908$74,390$63,434$53,909$45,678$37,955
16 years$80,633$68,251$57,512$48,270$40,370$33,050
17 years$75,102$62,857$52,334$43,370$35,795$28,865
18 years$70,190$58,083$47,774$39,085$31,827$25,274
19 years$65,801$53,830$43,735$35,317$28,368$22,179
20 years$61,856$50,022$40,138$31,986$25,339$19,499
21 years$58,291$46,593$36,919$29,029$22,676$17,171
22 years$55,055$43,493$34,027$26,394$20,325$15,143
23 years$52,104$40,678$31,417$24,038$18,245$13,371
24 years$49,403$38,113$29,056$21,924$16,399$11,819
25 years$46,922$35,767$26,912$20,022$14,757$10,457
26 years$44,636$33,615$24,959$18,307$13,292$9,260
27 years$42,523$31,636$23,177$16,757$11,984$8,206
28 years$40,564$29,810$21,546$15,353$10,814$7,277
29 years$38,743$28,123$20,050$14,079$9,764$6,457
30 years$37,047$26,559$18,676$12,921$8,823$5,732
31 years$35,464$25,107$17,411$11,867$7,977$5,090
32 years$33,982$23,756$16,245$10,906$7,215$4,523
33 years$32,594$22,498$15,168$10,029$6,530$4,020
34 years$31,289$21,323$14,172$9,228$5,912$3,574
35 years$30,062$20,224$13,250$8,494$5,355$3,178
36 years$28,906$19,196$12,395$7,823$4,852$2,827
37 years$27,815$18,231$11,601$7,208$4,397$2,515
38 years$26,783$17,326$10,864$6,644$3,987$2,238
39 years$25,807$16,476$10,179$6,126$3,615$1,992
40 years$24,882$15,675$9,540$5,650$3,279$1,773
41 years$24,005$14,921$8,946$5,213$2,975$1,579
42 years$23,171$14,211$8,392$4,811$2,699$1,406
43 years$22,379$13,540$7,874$4,441$2,450$1,252
44 years$21,624$12,906$7,391$4,101$2,224$1,115
45 years$20,905$12,307$6,940$3,787$2,019$993
46 years$20,220$11,741$6,518$3,498$1,833$884
47 years$19,565$11,204$6,124$3,232$1,664$788
48 years$18,940$10,696$5,755$2,986$1,511$702
49 years$18,342$10,214$5,409$2,760$1,373$625
50 years$17,770$9,757$5,085$2,551$1,247$557

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $18,200,000, adding $5,669 every year, while hoping to spend $54,607 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: 48/36/16 Blend
54$18,200,000$18,200,000$18,200,000$18,200,000
55$20,062,248$19,097,648$18,815,548$20,935,080
56$22,050,495$19,975,331$19,387,767$22,417,456
57$24,239,714$20,894,190$19,977,326$24,020,085
58$26,650,346$21,856,186$20,584,747$25,759,079
59$29,304,914$22,863,373$21,210,569$27,647,220
60$32,228,240$23,917,903$21,855,347$29,698,540
61$35,447,673$25,022,032$22,519,654$31,928,454
62$38,993,351$26,178,127$23,204,078$34,353,894
63$42,898,484$27,388,667$23,909,226$36,993,462
64$47,199,666$28,656,248$24,635,722$39,867,602
65$51,937,224$29,983,596$25,384,210$42,998,779
66$57,155,592$31,373,564$26,155,353$46,411,685
67$62,903,739$32,829,145$26,949,833$50,133,465
68$69,235,622$34,353,475$27,768,355$54,193,962
69$76,210,702$35,949,842$28,611,641$58,625,990
70$83,894,502$37,621,691$29,480,438$63,465,631
71$92,359,223$39,372,637$30,375,515$68,752,570
72$101,684,432$41,206,464$31,297,663$74,530,455
73$111,957,806$43,127,142$32,247,696$80,847,297
74$123,275,963$45,138,833$33,226,455$87,755,916
75$135,745,373$47,245,898$34,234,804$95,314,418
76$149,483,365$49,452,911$35,273,633$103,586,740
77$164,619,228$51,764,663$36,343,860$112,643,234
78$181,295,439$54,186,182$37,446,429$122,561,318
79$199,669,003$56,722,733$38,582,313$133,426,192
80$219,912,935$59,379,841$39,752,515$145,331,626
81$242,217,895$62,163,295$40,958,065$158,380,828
82$266,793,988$65,079,163$42,200,027$172,687,404
83$293,872,743$68,133,810$43,479,496$188,376,407
84$323,709,302$71,333,907$44,797,599$205,585,503
85$356,584,829$74,686,446$46,155,497$224,466,251
86$392,809,161$78,198,761$47,554,385$245,185,508
87$432,723,734$81,878,539$48,995,496$267,926,988
88$476,704,807$85,733,840$50,480,097$292,892,970
89$525,167,011$89,773,112$52,009,495$320,306,185
90$578,567,268$94,005,216$53,585,034$350,411,894
91$637,409,097$98,439,439$55,208,100$383,480,177
92$702,247,373$103,085,521$56,880,121$419,808,453
93$773,693,565$107,953,670$58,602,564$459,724,263
94$852,421,501$113,054,593$60,376,943$503,588,332
95$939,173,740$118,399,514$62,204,816$551,797,937
96$1,034,768,573$124,000,201$64,087,788$604,790,633
97$1,140,107,750$129,868,994$66,027,512$663,048,343
98$1,256,184,996$136,018,830$68,025,690$727,101,876
99$1,384,095,389$142,463,276$70,084,073$797,535,896
100$1,525,045,696$149,216,554$72,204,467$874,994,407