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%16.4%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,413,342
2 years$744,029$730,172$716,743$703,722$691,092$653,116
3 years$491,092$477,176$463,780$450,882$438,457$401,644
4 years$364,649$350,775$337,513$324,835$312,711$277,344
5 years$288,802$275,012$261,924$249,504$237,718$203,894
6 years$238,255$224,568$211,674$199,531$188,098$155,851
7 years$202,163$188,592$175,902$164,045$152,974$122,306
8 years$175,107$161,658$149,179$137,613$126,907$97,803
9 years$154,074$140,752$128,487$117,216$106,874$79,308
10 years$137,258$124,066$112,018$101,041$91,062$65,001
11 years$123,508$110,449$98,619$87,936$78,316$53,720
12 years$112,059$99,133$87,522$77,132$67,867$44,692
13 years$102,378$89,587$78,195$68,096$59,182$37,380
14 years$94,087$81,432$70,259$60,448$51,878$31,400
15 years$86,908$74,390$63,434$53,909$45,678$26,470
16 years$80,633$68,251$57,512$48,270$40,370$22,381
17 years$75,102$62,857$52,334$43,370$35,795$18,969
18 years$70,190$58,083$47,774$39,085$31,827$16,111
19 years$65,801$53,830$43,735$35,317$28,368$13,707
20 years$61,856$50,022$40,138$31,986$25,339$11,678
21 years$58,291$46,593$36,919$29,029$22,676$9,962
22 years$55,055$43,493$34,027$26,394$20,325$8,507
23 years$52,104$40,678$31,417$24,038$18,245$7,271
24 years$49,403$38,113$29,056$21,924$16,399$6,219
25 years$46,922$35,767$26,912$20,022$14,757$5,323
26 years$44,636$33,615$24,959$18,307$13,292$4,558
27 years$42,523$31,636$23,177$16,757$11,984$3,905
28 years$40,564$29,810$21,546$15,353$10,814$3,347
29 years$38,743$28,123$20,050$14,079$9,764$2,869
30 years$37,047$26,559$18,676$12,921$8,823$2,461
31 years$35,464$25,107$17,411$11,867$7,977$2,111
32 years$33,982$23,756$16,245$10,906$7,215$1,811
33 years$32,594$22,498$15,168$10,029$6,530$1,554
34 years$31,289$21,323$14,172$9,228$5,912$1,334
35 years$30,062$20,224$13,250$8,494$5,355$1,145
36 years$28,906$19,196$12,395$7,823$4,852$983
37 years$27,815$18,231$11,601$7,208$4,397$844
38 years$26,783$17,326$10,864$6,644$3,987$725
39 years$25,807$16,476$10,179$6,126$3,615$622
40 years$24,882$15,675$9,540$5,650$3,279$535
41 years$24,005$14,921$8,946$5,213$2,975$459
42 years$23,171$14,211$8,392$4,811$2,699$394
43 years$22,379$13,540$7,874$4,441$2,450$339
44 years$21,624$12,906$7,391$4,101$2,224$291
45 years$20,905$12,307$6,940$3,787$2,019$250
46 years$20,220$11,741$6,518$3,498$1,833$215
47 years$19,565$11,204$6,124$3,232$1,664$184
48 years$18,940$10,696$5,755$2,986$1,511$158
49 years$18,342$10,214$5,409$2,760$1,373$136
50 years$17,770$9,757$5,085$2,551$1,247$117

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 $6,498 every year, while hoping to spend $34,390 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: 68/9/23 Blend
54$18,200,000$18,200,000$18,200,000$18,200,000
55$20,063,103$19,098,503$18,816,403$21,309,783
56$22,072,948$19,997,739$19,410,161$23,045,445
57$24,286,646$20,939,885$20,022,659$24,938,937
58$26,724,952$21,927,007$20,654,485$27,009,585
59$29,410,738$22,961,271$21,306,252$29,274,879
60$32,369,210$24,044,950$21,978,588$31,754,070
61$35,628,141$25,180,424$22,672,142$34,468,350
62$39,218,137$26,370,191$23,387,585$37,441,049
63$43,172,924$27,616,867$24,125,606$40,697,852
64$47,529,667$28,923,199$24,886,919$44,267,037
65$52,329,322$30,292,064$25,672,259$48,179,740
66$57,617,017$31,726,479$26,482,384$52,470,245
67$63,442,485$33,229,609$27,318,076$57,176,305
68$69,860,530$34,804,772$28,180,143$62,339,491
69$76,931,543$36,455,444$29,069,417$68,005,587
70$84,722,074$38,185,275$29,986,757$74,225,010
71$93,305,461$39,998,089$30,933,048$81,053,287
72$102,762,517$41,897,895$31,909,205$88,551,574
73$113,182,300$43,888,898$32,916,169$96,787,228
74$124,662,949$45,975,507$33,954,914$105,834,438
75$137,312,609$48,162,346$35,026,443$115,774,918
76$151,250,456$50,454,263$36,131,790$126,698,679
77$166,607,821$52,856,340$37,272,024$138,704,868
78$183,529,426$55,373,908$38,448,244$151,902,699
79$202,174,754$58,012,556$39,661,587$166,412,481
80$222,719,554$60,778,146$40,913,225$182,366,744
81$245,357,497$63,676,824$42,204,367$199,911,486
82$270,302,008$66,715,035$43,536,259$219,207,543
83$297,788,277$69,899,536$44,910,188$240,432,102
84$328,075,483$73,237,414$46,327,481$263,780,367
85$361,449,237$76,736,102$47,789,506$289,467,389
86$398,224,281$80,403,393$49,297,676$317,730,094
87$438,747,456$84,247,458$50,853,447$348,829,512
88$483,400,981$88,276,868$52,458,322$383,053,226
89$532,606,056$92,500,609$54,113,851$420,718,086
90$586,826,841$96,928,106$55,821,632$462,173,183
91$646,574,837$101,569,242$57,583,315$507,803,141
92$712,413,717$106,434,381$59,400,602$558,031,738
93$784,964,642$111,534,391$61,275,248$613,325,891
94$864,912,130$116,880,671$63,209,064$674,200,056
95$953,010,516$122,485,173$65,203,916$741,221,076
96$1,050,091,074$128,360,432$67,261,733$815,013,514
97$1,157,069,864$134,519,594$69,384,502$896,265,544
98$1,274,956,380$140,976,444$71,574,272$985,735,429
99$1,404,863,080$147,745,439$73,833,160$1,084,258,669
100$1,548,015,890$154,841,741$76,163,346$1,192,755,874