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

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 $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%15.3%
1 years$330,316$327,374$324,503$321,702$318,966$312,015
2 years$163,523$160,477$157,526$154,664$151,888$144,921
3 years$107,932$104,874$101,930$99,095$96,364$89,598
4 years$80,143$77,093$74,179$71,392$68,728$62,214
5 years$63,473$60,442$57,566$54,836$52,246$46,003
6 years$52,364$49,356$46,522$43,853$41,340$35,375
7 years$44,431$41,449$38,660$36,054$33,621$27,934
8 years$38,485$35,529$32,787$30,245$27,892$22,482
9 years$33,863$30,935$28,239$25,762$23,489$18,351
10 years$30,167$27,267$24,619$22,207$20,014$15,144
11 years$27,145$24,274$21,675$19,327$17,212$12,604
12 years$24,628$21,787$19,236$16,952$14,916$10,561
13 years$22,501$19,689$17,186$14,966$13,007$8,899
14 years$20,678$17,897$15,441$13,285$11,402$7,531
15 years$19,101$16,349$13,942$11,848$10,039$6,398
16 years$17,722$15,000$12,640$10,609$8,873$5,452
17 years$16,506$13,815$11,502$9,532$7,867$4,658
18 years$15,426$12,765$10,500$8,590$6,995$3,988
19 years$14,462$11,831$9,612$7,762$6,235$3,421
20 years$13,595$10,994$8,821$7,030$5,569$2,939
21 years$12,811$10,240$8,114$6,380$4,984$2,529
22 years$12,100$9,559$7,478$5,801$4,467$2,178
23 years$11,451$8,940$6,905$5,283$4,010$1,877
24 years$10,858$8,376$6,386$4,818$3,604$1,620
25 years$10,313$7,861$5,915$4,400$3,243$1,399
26 years$9,810$7,388$5,486$4,024$2,921$1,208
27 years$9,346$6,953$5,094$3,683$2,634$1,044
28 years$8,915$6,552$4,735$3,374$2,377$903
29 years$8,515$6,181$4,407$3,094$2,146$781
30 years$8,142$5,837$4,105$2,840$1,939$676
31 years$7,794$5,518$3,827$2,608$1,753$585
32 years$7,469$5,221$3,570$2,397$1,586$507
33 years$7,163$4,945$3,334$2,204$1,435$439
34 years$6,877$4,686$3,115$2,028$1,299$380
35 years$6,607$4,445$2,912$1,867$1,177$329
36 years$6,353$4,219$2,724$1,719$1,066$285
37 years$6,113$4,007$2,550$1,584$966$247
38 years$5,886$3,808$2,388$1,460$876$214
39 years$5,672$3,621$2,237$1,346$795$186
40 years$5,469$3,445$2,097$1,242$721$161
41 years$5,276$3,279$1,966$1,146$654$140
42 years$5,093$3,123$1,844$1,057$593$121
43 years$4,918$2,976$1,731$976$538$105
44 years$4,753$2,837$1,624$901$489$91
45 years$4,595$2,705$1,525$832$444$79
46 years$4,444$2,580$1,433$769$403$68
47 years$4,300$2,462$1,346$710$366$59
48 years$4,163$2,351$1,265$656$332$51
49 years$4,031$2,245$1,189$607$302$45
50 years$3,905$2,144$1,118$561$274$39

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 $6,906 every year, while hoping to spend $33,941 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: 65/14/21 Blend
54$4,000,000$4,000,000$4,000,000$4,000,000
55$4,415,124$4,203,124$4,141,124$4,678,021
56$4,829,353$4,372,964$4,243,738$5,025,415
57$5,284,697$4,549,988$4,348,653$5,400,437
58$5,785,312$4,734,514$4,455,909$5,809,499
59$6,335,779$4,926,871$4,565,548$6,255,941
60$6,941,146$5,127,405$4,677,611$6,743,437
61$7,606,972$5,336,477$4,792,140$7,276,033
62$8,339,385$5,554,465$4,909,178$7,858,182
63$9,145,133$5,781,765$5,028,766$8,494,785
64$10,031,654$6,018,789$5,150,947$9,191,241
65$11,007,142$6,265,969$5,275,764$9,953,490
66$12,080,626$6,523,758$5,403,257$10,788,077
67$13,262,055$6,792,626$5,533,471$11,702,205
68$14,562,389$7,073,069$5,666,447$12,703,809
69$15,993,707$7,365,604$5,802,227$13,801,625
70$17,569,316$7,670,770$5,940,853$15,005,275
71$19,303,882$7,989,133$6,082,367$16,325,353
72$21,213,562$8,321,285$6,226,811$17,773,531
73$23,316,161$8,667,844$6,374,225$19,362,663
74$25,631,298$9,029,456$6,524,650$21,106,904
75$28,180,591$9,406,800$6,678,126$23,021,848
76$30,987,861$9,800,583$6,834,693$25,124,671
77$34,079,358$10,211,546$6,994,389$27,434,293
78$37,484,005$10,640,465$7,157,254$29,971,555
79$41,233,675$11,088,149$7,323,324$32,759,415
80$45,363,491$11,555,449$7,492,636$35,823,162
81$49,912,153$12,043,252$7,665,225$39,190,657
82$54,922,308$12,552,488$7,841,126$42,892,593
83$60,440,951$13,084,127$8,020,372$46,962,781
84$66,519,868$13,639,190$8,202,994$51,438,472
85$73,216,124$14,218,739$8,389,024$56,360,704
86$80,592,602$14,823,890$8,578,489$61,774,692
87$88,718,595$15,455,809$8,771,417$67,730,249
88$97,670,465$16,115,717$8,967,832$74,282,255
89$107,532,357$16,804,891$9,167,759$81,491,177
90$118,396,996$17,524,669$9,371,217$89,423,636
91$130,366,563$18,276,452$9,578,226$98,153,034
92$143,553,657$19,061,703$9,788,802$107,760,244
93$158,082,361$19,881,957$10,002,958$118,334,375
94$174,089,409$20,738,820$10,220,704$129,973,608
95$191,725,479$21,633,973$10,442,048$142,786,123
96$211,156,615$22,569,175$10,666,994$156,891,117
97$232,565,794$23,546,268$10,895,543$172,419,926
98$256,154,653$24,567,183$11,127,690$189,517,266
99$282,145,389$25,633,937$11,363,430$208,342,594
100$310,782,865$26,748,645$11,602,751$229,071,611