Can I retire at age 55 with 18,300,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $18,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$1,511,197$1,497,736$1,484,603$1,471,784$1,459,268$1,423,990
2 years$748,117$734,184$720,681$707,589$694,889$659,560
3 years$493,791$479,798$466,328$453,359$440,866$406,589
4 years$366,652$352,702$339,368$326,620$314,430$281,469
5 years$290,389$276,523$263,363$250,875$239,024$207,471
6 years$239,564$225,802$212,837$200,627$189,132$159,019
7 years$203,274$189,628$176,868$164,946$153,815$125,146
8 years$176,069$162,546$149,998$138,369$127,604$100,367
9 years$154,921$141,526$129,193$117,860$107,461$81,633
10 years$138,012$124,748$112,634$101,597$91,562$67,115
11 years$124,187$111,056$99,161$88,419$78,747$55,644
12 years$112,674$99,678$88,003$77,556$68,240$46,445
13 years$102,940$90,079$78,625$68,470$59,507$38,976
14 years$94,604$81,880$70,645$60,780$52,163$32,853
15 years$87,386$74,799$63,783$54,205$45,929$27,793
16 years$81,076$68,626$57,828$48,535$40,592$23,583
17 years$75,514$63,202$52,621$43,608$35,992$20,061
18 years$70,576$58,402$48,037$39,300$32,002$17,101
19 years$66,163$54,126$43,975$35,511$28,524$14,604
20 years$62,196$50,297$40,358$32,162$25,478$12,490
21 years$58,611$46,849$37,122$29,189$22,800$10,695
22 years$55,357$43,732$34,214$26,539$20,437$9,169
23 years$52,390$40,902$31,590$24,170$18,346$7,867
24 years$49,675$38,322$29,216$22,044$16,489$6,756
25 years$47,180$35,964$27,059$20,132$14,838$5,805
26 years$44,881$33,800$25,096$18,408$13,365$4,991
27 years$42,756$31,810$23,304$16,849$12,050$4,293
28 years$40,787$29,974$21,664$15,437$10,873$3,695
29 years$38,956$28,277$20,160$14,156$9,818$3,181
30 years$37,251$26,705$18,779$12,992$8,871$2,739
31 years$35,659$25,245$17,507$11,932$8,020$2,360
32 years$34,169$23,887$16,334$10,966$7,255$2,033
33 years$32,773$22,621$15,251$10,084$6,566$1,752
34 years$31,461$21,440$14,250$9,278$5,945$1,510
35 years$30,227$20,335$13,323$8,541$5,384$1,302
36 years$29,065$19,301$12,463$7,866$4,878$1,122
37 years$27,967$18,332$11,665$7,248$4,421$968
38 years$26,930$17,422$10,924$6,680$4,008$834
39 years$25,949$16,566$10,235$6,160$3,635$719
40 years$25,019$15,761$9,593$5,681$3,297$621
41 years$24,137$15,003$8,995$5,242$2,991$535
42 years$23,299$14,289$8,438$4,838$2,714$462
43 years$22,502$13,614$7,918$4,466$2,463$398
44 years$21,743$12,977$7,432$4,123$2,236$343
45 years$21,020$12,375$6,978$3,808$2,030$296
46 years$20,331$11,805$6,554$3,517$1,843$256
47 years$19,673$11,266$6,158$3,250$1,674$220
48 years$19,044$10,755$5,786$3,003$1,520$190
49 years$18,443$10,270$5,439$2,775$1,380$164
50 years$17,867$9,810$5,113$2,565$1,254$142

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $18,300,000, adding $5,227 every year, while hoping to spend $40,368 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: 42/38/20 Blend
54$18,300,000$18,300,000$18,300,000$18,300,000
55$20,171,992$19,202,092$18,918,442$20,900,817
56$22,186,584$20,100,043$19,509,258$22,316,609
57$24,405,311$21,040,641$20,118,514$23,844,491
58$26,848,953$22,025,932$20,746,785$25,498,222
59$29,540,407$23,058,064$21,394,663$27,289,377
60$32,504,904$24,139,285$22,062,760$29,230,658
61$35,770,248$25,271,954$22,751,706$31,336,004
62$39,367,078$26,458,544$23,462,152$33,620,716
63$43,329,154$27,701,647$24,194,769$36,101,592
64$47,693,681$29,003,981$24,950,247$38,797,079
65$52,501,657$30,368,396$25,729,300$41,727,433
66$57,798,256$31,797,878$26,532,663$44,914,909
67$63,633,265$33,295,560$27,361,093$48,383,952
68$70,061,541$34,864,726$28,215,373$52,161,425
69$77,143,538$36,508,817$29,096,308$56,276,848
70$84,945,874$38,231,444$30,004,729$60,762,664
71$93,541,960$40,036,392$30,941,494$65,654,536
72$103,012,692$41,927,627$31,907,486$70,991,671
73$113,447,216$43,909,311$32,903,617$76,817,177
74$124,943,770$45,985,805$33,930,826$83,178,454
75$137,610,608$48,161,682$34,990,082$90,127,631
76$151,567,024$50,441,739$36,082,384$97,722,040
77$166,944,479$52,831,003$37,208,762$106,024,743
78$183,887,840$55,334,746$38,370,279$115,105,113
79$202,556,746$57,958,495$39,568,031$125,039,466
80$223,127,120$60,708,047$40,803,145$135,911,770
81$245,792,823$63,589,479$42,076,788$147,814,417
82$270,767,491$66,609,163$43,390,160$160,849,073
83$298,286,545$69,773,782$44,744,500$175,127,621
84$328,609,416$73,090,341$46,141,085$190,773,193
85$362,021,996$76,566,187$47,581,231$207,921,311
86$398,839,334$80,209,024$49,066,296$226,721,145
87$439,408,609$84,026,929$50,597,680$247,336,893
88$484,112,412$88,028,373$52,176,827$269,949,307
89$533,372,352$92,222,238$53,805,225$294,757,375
90$587,653,042$96,617,837$55,484,410$321,980,167
91$647,466,478$101,224,937$57,215,963$351,858,877
92$713,376,879$106,053,779$59,001,518$384,659,067
93$786,006,008$111,115,102$60,842,757$420,673,143
94$866,039,046$116,420,167$62,741,414$460,223,083
95$954,231,058$121,980,784$64,699,280$503,663,437
96$1,051,414,119$127,809,336$66,718,200$551,384,643
97$1,158,505,175$133,918,810$68,800,075$603,816,668
98$1,276,514,693$140,322,822$70,946,868$661,433,031
99$1,406,556,205$147,035,653$73,160,601$724,755,231
100$1,549,856,817$154,072,279$75,443,361$794,357,623