Can I retire at age 55 with 4,000,000?

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 $4,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$330,316$327,374$324,503$321,702$318,966$317,622
2 years$163,523$160,477$157,526$154,664$151,888$150,532
3 years$107,932$104,874$101,930$99,095$96,364$95,037
4 years$80,143$77,093$74,179$71,392$68,728$67,439
5 years$63,473$60,442$57,566$54,836$52,246$51,001
6 years$52,364$49,356$46,522$43,853$41,340$40,140
7 years$44,431$41,449$38,660$36,054$33,621$32,466
8 years$38,485$35,529$32,787$30,245$27,892$26,782
9 years$33,863$30,935$28,239$25,762$23,489$22,425
10 years$30,167$27,267$24,619$22,207$20,014$18,994
11 years$27,145$24,274$21,675$19,327$17,212$16,237
12 years$24,628$21,787$19,236$16,952$14,916$13,984
13 years$22,501$19,689$17,186$14,966$13,007$12,118
14 years$20,678$17,897$15,441$13,285$11,402$10,554
15 years$19,101$16,349$13,942$11,848$10,039$9,232
16 years$17,722$15,000$12,640$10,609$8,873$8,105
17 years$16,506$13,815$11,502$9,532$7,867$7,137
18 years$15,426$12,765$10,500$8,590$6,995$6,303
19 years$14,462$11,831$9,612$7,762$6,235$5,578
20 years$13,595$10,994$8,821$7,030$5,569$4,947
21 years$12,811$10,240$8,114$6,380$4,984$4,395
22 years$12,100$9,559$7,478$5,801$4,467$3,911
23 years$11,451$8,940$6,905$5,283$4,010$3,485
24 years$10,858$8,376$6,386$4,818$3,604$3,109
25 years$10,313$7,861$5,915$4,400$3,243$2,776
26 years$9,810$7,388$5,486$4,024$2,921$2,481
27 years$9,346$6,953$5,094$3,683$2,634$2,220
28 years$8,915$6,552$4,735$3,374$2,377$1,987
29 years$8,515$6,181$4,407$3,094$2,146$1,780
30 years$8,142$5,837$4,105$2,840$1,939$1,596
31 years$7,794$5,518$3,827$2,608$1,753$1,431
32 years$7,469$5,221$3,570$2,397$1,586$1,284
33 years$7,163$4,945$3,334$2,204$1,435$1,153
34 years$6,877$4,686$3,115$2,028$1,299$1,035
35 years$6,607$4,445$2,912$1,867$1,177$930
36 years$6,353$4,219$2,724$1,719$1,066$835
37 years$6,113$4,007$2,550$1,584$966$751
38 years$5,886$3,808$2,388$1,460$876$675
39 years$5,672$3,621$2,237$1,346$795$607
40 years$5,469$3,445$2,097$1,242$721$546
41 years$5,276$3,279$1,966$1,146$654$491
42 years$5,093$3,123$1,844$1,057$593$442
43 years$4,918$2,976$1,731$976$538$397
44 years$4,753$2,837$1,624$901$489$358
45 years$4,595$2,705$1,525$832$444$322
46 years$4,444$2,580$1,433$769$403$290
47 years$4,300$2,462$1,346$710$366$261
48 years$4,163$2,351$1,265$656$332$235
49 years$4,031$2,245$1,189$607$302$211
50 years$3,905$2,144$1,118$561$274$190

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $4,000,000, adding $3,999 every year, while hoping to spend $49,540 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: 54/34/12 Blend
54$4,000,000$4,000,000$4,000,000$4,000,000
55$4,412,125$4,200,125$4,138,125$4,636,482
56$4,809,452$4,353,221$4,224,042$4,942,487
57$5,245,645$4,512,158$4,311,177$5,269,676
58$5,724,618$4,677,171$4,399,518$5,624,642
59$6,250,679$4,848,502$4,489,052$6,010,036
60$6,828,576$5,026,407$4,579,763$6,428,770
61$7,463,539$5,211,149$4,671,633$6,884,050
62$8,161,329$5,403,005$4,764,643$7,379,400
63$8,928,294$5,602,261$4,858,767$7,918,698
64$9,771,427$5,809,218$4,953,983$8,506,207
65$10,698,431$6,024,189$5,050,259$9,146,621
66$11,717,794$6,247,497$5,147,567$9,845,104
67$12,838,868$6,479,484$5,245,870$10,607,336
68$14,071,957$6,720,503$5,345,130$11,439,572
69$15,428,412$6,970,922$5,445,307$12,348,692
70$16,920,740$7,231,128$5,546,355$13,342,271
71$18,562,722$7,501,520$5,648,225$14,428,648
72$20,369,543$7,782,518$5,750,863$15,617,001
73$22,357,932$8,074,557$5,854,213$16,917,435
74$24,546,324$8,378,093$5,958,212$18,341,073
75$26,955,030$8,693,601$6,062,793$19,900,165
76$29,606,431$9,021,575$6,167,885$21,608,196
77$32,525,188$9,362,533$6,273,410$23,480,017
78$35,738,473$9,717,013$6,379,285$25,531,980
79$39,276,228$10,085,578$6,485,422$27,782,092
80$43,171,446$10,468,814$6,591,727$30,250,183
81$47,460,481$10,867,333$6,698,097$32,958,095
82$52,183,393$11,281,775$6,804,425$35,929,880
83$57,384,322$11,712,805$6,910,597$39,192,029
84$63,111,910$12,161,120$7,016,490$42,773,722
85$69,419,756$12,627,445$7,121,973$46,707,096
86$76,366,920$13,112,539$7,226,908$51,027,552
87$84,018,485$13,617,193$7,331,149$55,774,082
88$92,446,168$14,142,232$7,434,539$60,989,639
89$101,728,994$14,688,519$7,536,913$66,721,537
90$111,954,048$15,256,953$7,638,096$73,021,899
91$123,217,291$15,848,474$7,737,903$79,948,141
92$135,624,470$16,464,064$7,836,137$87,563,517
93$149,292,109$17,104,747$7,932,591$95,937,708
94$164,348,617$17,771,592$8,027,046$105,147,482
95$180,935,493$18,465,717$8,119,269$115,277,413
96$199,208,665$19,188,289$8,209,016$126,420,676
97$219,339,959$19,940,526$8,296,029$138,679,926
98$241,518,724$20,723,700$8,380,035$152,168,260
99$265,953,615$21,539,143$8,460,747$167,010,283
100$292,874,564$22,388,241$8,537,862$183,343,282