Can I retire at age 55 with 3,900,000?

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 $3,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$322,058$319,190$316,391$313,659$310,991$302,248
2 years$159,435$156,466$153,588$150,798$148,091$139,349
3 years$105,234$102,252$99,381$96,617$93,955$85,488
4 years$78,139$75,166$72,324$69,607$67,010$58,883
5 years$61,886$58,931$56,127$53,465$50,940$43,175
6 years$51,055$48,122$45,359$42,757$40,307$32,912
7 years$43,321$40,412$37,693$35,153$32,780$25,755
8 years$37,523$34,641$31,967$29,489$27,194$20,535
9 years$33,016$30,161$27,533$25,118$22,902$16,601
10 years$29,412$26,586$24,004$21,652$19,513$13,564
11 years$26,466$23,668$21,133$18,843$16,782$11,174
12 years$24,013$21,243$18,755$16,528$14,543$9,266
13 years$21,938$19,197$16,756$14,592$12,682$7,723
14 years$20,161$17,450$15,055$12,953$11,117$6,466
15 years$18,623$15,941$13,593$11,552$9,788$5,431
16 years$17,278$14,625$12,324$10,343$8,651$4,576
17 years$16,093$13,469$11,214$9,294$7,670$3,864
18 years$15,041$12,446$10,237$8,375$6,820$3,270
19 years$14,100$11,535$9,372$7,568$6,079$2,772
20 years$13,255$10,719$8,601$6,854$5,430$2,352
21 years$12,491$9,984$7,911$6,221$4,859$1,999
22 years$11,797$9,320$7,291$5,656$4,355$1,700
23 years$11,165$8,717$6,732$5,151$3,910$1,448
24 years$10,586$8,167$6,226$4,698$3,514$1,233
25 years$10,055$7,664$5,767$4,290$3,162$1,051
26 years$9,565$7,203$5,348$3,923$2,848$897
27 years$9,112$6,779$4,966$3,591$2,568$765
28 years$8,692$6,388$4,617$3,290$2,317$653
29 years$8,302$6,026$4,296$3,017$2,092$558
30 years$7,939$5,691$4,002$2,769$1,891$476
31 years$7,599$5,380$3,731$2,543$1,709$407
32 years$7,282$5,091$3,481$2,337$1,546$348
33 years$6,984$4,821$3,250$2,149$1,399$297
34 years$6,705$4,569$3,037$1,977$1,267$254
35 years$6,442$4,334$2,839$1,820$1,147$217
36 years$6,194$4,113$2,656$1,676$1,040$186
37 years$5,960$3,907$2,486$1,545$942$159
38 years$5,739$3,713$2,328$1,424$854$136
39 years$5,530$3,531$2,181$1,313$775$116
40 years$5,332$3,359$2,044$1,211$703$99
41 years$5,144$3,197$1,917$1,117$637$85
42 years$4,965$3,045$1,798$1,031$578$73
43 years$4,795$2,901$1,687$952$525$62
44 years$4,634$2,766$1,584$879$477$53
45 years$4,480$2,637$1,487$812$433$45
46 years$4,333$2,516$1,397$750$393$39
47 years$4,193$2,401$1,312$693$357$33
48 years$4,059$2,292$1,233$640$324$28
49 years$3,930$2,189$1,159$591$294$24
50 years$3,808$2,091$1,090$547$267$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $3,900,000, adding $4,489 every year, while hoping to spend $52,833 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: 61/28/11 Blend
54$3,900,000$3,900,000$3,900,000$3,900,000
55$4,302,430$4,095,730$4,035,280$4,553,560
56$4,685,064$4,240,207$4,114,248$4,867,032
57$5,104,956$4,389,993$4,194,091$5,202,505
58$5,565,851$4,545,291$4,274,782$5,567,260
59$6,071,872$4,706,315$4,356,292$5,964,130
60$6,627,565$4,873,286$4,438,589$6,396,231
61$7,237,933$5,046,434$4,521,639$6,866,991
62$7,908,491$5,225,998$4,605,403$7,380,183
63$8,645,313$5,412,228$4,689,840$7,939,958
64$9,455,091$5,605,384$4,774,905$8,550,886
65$10,345,197$5,805,734$4,860,551$9,217,998
66$11,323,753$6,013,561$4,946,726$9,946,829
67$12,399,707$6,229,156$5,033,372$10,743,474
68$13,582,918$6,452,826$5,120,431$11,614,643
69$14,884,247$6,684,885$5,207,836$12,567,725
70$16,315,662$6,925,666$5,295,520$13,610,852
71$17,890,347$7,175,512$5,383,408$14,752,980
72$19,622,830$7,434,780$5,471,420$16,003,973
73$21,529,119$7,703,844$5,559,473$17,374,689
74$23,626,849$7,983,092$5,647,474$18,877,089
75$25,935,452$8,272,928$5,735,330$20,524,344
76$28,476,341$8,573,775$5,822,937$22,330,959
77$31,273,109$8,886,070$5,910,185$24,312,910
78$34,351,750$9,210,272$5,996,961$26,487,794
79$37,740,909$9,546,856$6,083,140$28,874,993
80$41,472,149$9,896,319$6,168,592$31,495,853
81$45,580,248$10,259,178$6,253,179$34,373,892
82$50,103,528$10,635,973$6,336,756$37,535,011
83$55,084,216$11,027,264$6,419,166$41,007,744
84$60,568,844$11,433,638$6,500,246$44,823,524
85$66,608,684$11,855,704$6,579,822$49,016,977
86$73,260,235$12,294,099$6,657,711$53,626,249
87$80,585,755$12,749,485$6,733,720$58,693,365
88$88,653,846$13,222,554$6,807,644$64,264,620
89$97,540,105$13,714,026$6,879,267$70,391,019
90$107,327,835$14,224,653$6,948,362$77,128,755
91$118,108,831$14,755,217$7,014,688$84,539,739
92$129,984,245$15,306,537$7,077,994$92,692,178
93$143,065,544$15,879,462$7,138,012$101,661,222
94$157,475,556$16,474,883$7,194,462$111,529,669
95$173,349,636$17,093,725$7,247,049$122,388,745
96$190,836,936$17,736,955$7,295,463$134,338,964
97$210,101,818$18,405,580$7,339,376$147,491,072
98$231,325,403$19,100,653$7,378,444$161,967,091
99$254,707,279$19,823,270$7,412,308$177,901,472
100$280,467,388$20,574,577$7,440,586$195,442,355