Can I retire at age 55 with 4,100,000?

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 $4,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$338,574$335,558$332,616$329,744$326,940$314,465
2 years$167,611$164,489$161,464$158,531$155,686$143,264
3 years$110,631$107,496$104,478$101,572$98,773$86,796
4 years$82,146$79,021$76,033$73,177$70,446$59,004
5 years$65,060$61,953$59,005$56,207$53,552$42,675
6 years$53,673$50,589$47,685$44,949$42,374$32,070
7 years$45,542$42,485$39,626$36,955$34,461$24,726
8 years$39,447$36,417$33,606$31,001$28,589$19,414
9 years$34,709$31,708$28,945$26,406$24,076$15,448
10 years$30,921$27,949$25,235$22,762$20,514$12,417
11 years$27,823$24,881$22,216$19,810$17,643$10,058
12 years$25,244$22,332$19,716$17,376$15,289$8,198
13 years$23,063$20,182$17,615$15,340$13,332$6,713
14 years$21,195$18,345$15,827$13,617$11,687$5,519
15 years$19,578$16,758$14,290$12,144$10,290$4,552
16 years$18,165$15,375$12,956$10,874$9,094$3,763
17 years$16,918$14,160$11,790$9,770$8,064$3,118
18 years$15,812$13,085$10,762$8,805$7,170$2,588
19 years$14,823$12,127$9,852$7,956$6,391$2,151
20 years$13,935$11,269$9,042$7,206$5,708$1,790
21 years$13,132$10,496$8,317$6,540$5,108$1,490
22 years$12,402$9,798$7,665$5,946$4,579$1,242
23 years$11,738$9,164$7,078$5,415$4,110$1,036
24 years$11,129$8,586$6,546$4,939$3,694$865
25 years$10,570$8,057$6,062$4,510$3,324$722
26 years$10,055$7,573$5,623$4,124$2,994$603
27 years$9,579$7,127$5,221$3,775$2,700$504
28 years$9,138$6,716$4,854$3,459$2,436$421
29 years$8,728$6,335$4,517$3,172$2,200$352
30 years$8,346$5,983$4,207$2,911$1,988$294
31 years$7,989$5,656$3,922$2,673$1,797$246
32 years$7,655$5,352$3,660$2,457$1,625$206
33 years$7,342$5,068$3,417$2,259$1,471$172
34 years$7,049$4,803$3,193$2,079$1,332$144
35 years$6,772$4,556$2,985$1,914$1,206$120
36 years$6,512$4,324$2,792$1,762$1,093$101
37 years$6,266$4,107$2,614$1,624$991$84
38 years$6,034$3,903$2,447$1,497$898$70
39 years$5,814$3,712$2,293$1,380$814$59
40 years$5,605$3,531$2,149$1,273$739$49
41 years$5,408$3,361$2,015$1,174$670$41
42 years$5,220$3,201$1,890$1,084$608$35
43 years$5,041$3,050$1,774$1,000$552$29
44 years$4,871$2,907$1,665$924$501$24
45 years$4,709$2,773$1,563$853$455$20
46 years$4,555$2,645$1,468$788$413$17
47 years$4,408$2,524$1,380$728$375$14
48 years$4,267$2,410$1,296$673$341$12
49 years$4,132$2,301$1,219$622$309$10
50 years$4,003$2,198$1,146$575$281$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $4,100,000, adding $2,052 every year, while hoping to spend $39,819 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: 88/7/5 Blend
54$4,100,000$4,100,000$4,100,000$4,100,000
55$4,520,317$4,303,017$4,239,467$4,918,466
56$4,939,022$4,471,497$4,339,122$5,346,251
57$5,399,100$4,646,899$4,440,781$5,810,676
58$5,904,730$4,829,519$4,544,468$6,319,915
59$6,460,515$5,019,667$4,650,210$6,878,453
60$7,071,524$5,217,668$4,758,029$7,491,236
61$7,743,346$5,423,860$4,867,949$8,163,706
62$8,482,135$5,638,597$4,979,993$8,901,860
63$9,294,673$5,862,248$5,094,183$9,712,303
64$10,188,432$6,095,200$5,210,541$10,602,310
65$11,171,644$6,337,857$5,329,086$11,579,896
66$12,253,379$6,590,640$5,449,837$12,653,888
67$13,443,631$6,853,989$5,572,815$13,834,012
68$14,753,412$7,128,365$5,698,034$15,130,982
69$16,194,854$7,414,249$5,825,513$16,556,598
70$17,781,326$7,712,144$5,955,264$18,123,864
71$19,527,558$8,022,576$6,087,303$19,847,104
72$21,449,781$8,346,093$6,221,639$21,742,098
73$23,565,878$8,683,272$6,358,283$23,826,232
74$25,895,556$9,034,710$6,497,244$26,118,662
75$28,460,529$9,401,037$6,638,528$28,640,492
76$31,284,724$9,782,909$6,782,139$31,414,973
77$34,394,504$10,181,010$6,928,080$34,467,723
78$37,818,923$10,596,059$7,076,350$37,826,969
79$41,589,992$11,028,805$7,226,946$41,523,810
80$45,742,986$11,480,031$7,379,864$45,592,512
81$50,316,777$11,950,559$7,535,096$50,070,830
82$55,354,196$12,441,244$7,692,630$55,000,365
83$60,902,443$12,952,984$7,852,452$60,426,952
84$67,013,529$13,486,716$8,014,545$66,401,099
85$73,744,764$14,043,421$8,178,888$72,978,454
86$81,159,305$14,624,123$8,345,455$80,220,339
87$89,326,745$15,229,897$8,514,219$88,194,319
88$98,323,773$15,861,862$8,685,146$96,974,847
89$108,234,898$16,521,193$8,858,198$106,643,958
90$119,153,244$17,209,118$9,033,334$117,292,050
91$131,181,430$17,926,920$9,210,506$129,018,731
92$144,432,540$18,675,943$9,389,662$141,933,761
93$159,031,187$19,457,592$9,570,744$156,158,085
94$175,114,692$20,273,338$9,753,687$171,824,977
95$192,834,377$21,124,718$9,938,422$189,081,294
96$212,356,997$22,013,343$10,124,873$208,088,860
97$233,866,310$22,940,896$10,312,955$229,025,999
98$257,564,813$23,909,139$10,502,578$252,089,207
99$283,675,653$24,919,916$10,693,645$277,495,017
100$312,444,735$25,975,158$10,886,047$305,482,031