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%11.7%
1 years$330,316$327,374$324,503$321,702$318,966$316,690
2 years$163,523$160,477$157,526$154,664$151,888$149,594
3 years$107,932$104,874$101,930$99,095$96,364$94,122
4 years$80,143$77,093$74,179$71,392$68,728$66,554
5 years$63,473$60,442$57,566$54,836$52,246$50,148
6 years$52,364$49,356$46,522$43,853$41,340$39,321
7 years$44,431$41,449$38,660$36,054$33,621$31,681
8 years$38,485$35,529$32,787$30,245$27,892$26,031
9 years$33,863$30,935$28,239$25,762$23,489$21,707
10 years$30,167$27,267$24,619$22,207$20,014$18,310
11 years$27,145$24,274$21,675$19,327$17,212$15,585
12 years$24,628$21,787$19,236$16,952$14,916$13,364
13 years$22,501$19,689$17,186$14,966$13,007$11,529
14 years$20,678$17,897$15,441$13,285$11,402$9,995
15 years$19,101$16,349$13,942$11,848$10,039$8,702
16 years$17,722$15,000$12,640$10,609$8,873$7,604
17 years$16,506$13,815$11,502$9,532$7,867$6,664
18 years$15,426$12,765$10,500$8,590$6,995$5,856
19 years$14,462$11,831$9,612$7,762$6,235$5,157
20 years$13,595$10,994$8,821$7,030$5,569$4,551
21 years$12,811$10,240$8,114$6,380$4,984$4,022
22 years$12,100$9,559$7,478$5,801$4,467$3,560
23 years$11,451$8,940$6,905$5,283$4,010$3,156
24 years$10,858$8,376$6,386$4,818$3,604$2,800
25 years$10,313$7,861$5,915$4,400$3,243$2,487
26 years$9,810$7,388$5,486$4,024$2,921$2,211
27 years$9,346$6,953$5,094$3,683$2,634$1,967
28 years$8,915$6,552$4,735$3,374$2,377$1,751
29 years$8,515$6,181$4,407$3,094$2,146$1,560
30 years$8,142$5,837$4,105$2,840$1,939$1,391
31 years$7,794$5,518$3,827$2,608$1,753$1,240
32 years$7,469$5,221$3,570$2,397$1,586$1,106
33 years$7,163$4,945$3,334$2,204$1,435$987
34 years$6,877$4,686$3,115$2,028$1,299$882
35 years$6,607$4,445$2,912$1,867$1,177$787
36 years$6,353$4,219$2,724$1,719$1,066$703
37 years$6,113$4,007$2,550$1,584$966$628
38 years$5,886$3,808$2,388$1,460$876$561
39 years$5,672$3,621$2,237$1,346$795$502
40 years$5,469$3,445$2,097$1,242$721$449
41 years$5,276$3,279$1,966$1,146$654$401
42 years$5,093$3,123$1,844$1,057$593$359
43 years$4,918$2,976$1,731$976$538$321
44 years$4,753$2,837$1,624$901$489$287
45 years$4,595$2,705$1,525$832$444$257
46 years$4,444$2,580$1,433$769$403$230
47 years$4,300$2,462$1,346$710$366$205
48 years$4,163$2,351$1,265$656$332$184
49 years$4,031$2,245$1,189$607$302$164
50 years$3,905$2,144$1,118$561$274$147

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 $5,918 every year, while hoping to spend $51,567 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: 55/19/26 Blend
54$4,000,000$4,000,000$4,000,000$4,000,000
55$4,414,104$4,202,104$4,140,104$4,624,945
56$4,809,476$4,353,141$4,223,931$4,921,727
57$5,243,448$4,509,849$4,308,838$5,238,934
58$5,719,901$4,672,454$4,394,806$5,583,354
59$6,243,114$4,841,187$4,481,815$5,957,620
60$6,817,798$5,016,292$4,569,842$6,364,631
61$7,449,143$5,198,020$4,658,861$6,807,575
62$8,142,868$5,386,634$4,748,845$7,289,963
63$8,905,270$5,582,409$4,839,761$7,815,659
64$9,743,290$5,785,630$4,931,575$8,388,917
65$10,664,573$5,996,593$5,024,250$9,014,421
66$11,677,542$6,215,609$5,117,745$9,697,326
67$12,791,477$6,442,999$5,212,016$10,443,309
68$14,016,602$6,679,101$5,307,013$11,258,622
69$15,364,183$6,924,264$5,402,685$12,150,148
70$16,846,630$7,178,854$5,498,976$13,125,468
71$18,477,620$7,443,251$5,595,824$14,192,929
72$20,272,217$7,717,851$5,693,165$15,361,726
73$22,247,025$8,003,067$5,790,928$16,641,984
74$24,420,336$8,299,331$5,889,038$18,044,856
75$26,812,303$8,607,092$5,987,414$19,582,625
76$29,445,136$8,926,817$6,085,970$21,268,824
77$32,343,304$9,258,995$6,184,614$23,118,354
78$35,533,770$9,604,135$6,283,248$25,147,635
79$39,046,244$9,962,767$6,381,766$27,374,751
80$42,913,464$10,335,445$6,480,058$29,819,625
81$47,171,502$10,722,747$6,578,004$32,504,204
82$51,860,106$11,125,273$6,675,479$35,452,665
83$57,023,078$11,543,652$6,772,349$38,691,646
84$62,708,680$11,978,539$6,868,470$42,250,491
85$68,970,094$12,430,617$6,963,693$46,161,531
86$75,865,925$12,900,597$7,057,857$50,460,384
87$83,460,748$13,389,225$7,150,794$55,186,292
88$91,825,722$13,897,275$7,242,324$60,382,492
89$101,039,261$14,425,557$7,332,257$66,096,622
90$111,187,772$14,974,916$7,420,394$72,381,166
91$122,366,469$15,546,231$7,506,522$79,293,955
92$134,680,277$16,140,424$7,590,418$86,898,705
93$148,244,814$16,758,454$7,671,846$95,265,623
94$163,187,489$17,401,322$7,750,557$104,472,062
95$179,648,701$18,070,075$7,826,288$114,603,258
96$197,783,163$18,765,803$7,898,764$125,753,125
97$217,761,365$19,489,647$7,967,691$138,025,147
98$239,771,179$20,242,794$8,032,764$151,533,347
99$264,019,636$21,026,488$8,093,658$166,403,369
100$290,734,877$21,842,024$8,150,034$182,773,657