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

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 $4,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$338,574$335,558$332,616$329,744$326,940$317,364
2 years$167,611$164,489$161,464$158,531$155,686$146,116
3 years$110,631$107,496$104,478$101,572$98,773$89,510
4 years$82,146$79,021$76,033$73,177$70,446$61,559
5 years$65,060$61,953$59,005$56,207$53,552$45,066
6 years$53,673$50,589$47,685$44,949$42,374$34,297
7 years$45,542$42,485$39,626$36,955$34,461$26,793
8 years$39,447$36,417$33,606$31,001$28,589$21,325
9 years$34,709$31,708$28,945$26,406$24,076$17,209
10 years$30,921$27,949$25,235$22,762$20,514$14,034
11 years$27,823$24,881$22,216$19,810$17,643$11,539
12 years$25,244$22,332$19,716$17,376$15,289$9,549
13 years$23,063$20,182$17,615$15,340$13,332$7,944
14 years$21,195$18,345$15,827$13,617$11,687$6,636
15 years$19,578$16,758$14,290$12,144$10,290$5,563
16 years$18,165$15,375$12,956$10,874$9,094$4,677
17 years$16,918$14,160$11,790$9,770$8,064$3,941
18 years$15,812$13,085$10,762$8,805$7,170$3,327
19 years$14,823$12,127$9,852$7,956$6,391$2,814
20 years$13,935$11,269$9,042$7,206$5,708$2,383
21 years$13,132$10,496$8,317$6,540$5,108$2,020
22 years$12,402$9,798$7,665$5,946$4,579$1,714
23 years$11,738$9,164$7,078$5,415$4,110$1,456
24 years$11,129$8,586$6,546$4,939$3,694$1,238
25 years$10,570$8,057$6,062$4,510$3,324$1,052
26 years$10,055$7,573$5,623$4,124$2,994$895
27 years$9,579$7,127$5,221$3,775$2,700$762
28 years$9,138$6,716$4,854$3,459$2,436$649
29 years$8,728$6,335$4,517$3,172$2,200$553
30 years$8,346$5,983$4,207$2,911$1,988$471
31 years$7,989$5,656$3,922$2,673$1,797$401
32 years$7,655$5,352$3,660$2,457$1,625$342
33 years$7,342$5,068$3,417$2,259$1,471$292
34 years$7,049$4,803$3,193$2,079$1,332$249
35 years$6,772$4,556$2,985$1,914$1,206$212
36 years$6,512$4,324$2,792$1,762$1,093$181
37 years$6,266$4,107$2,614$1,624$991$154
38 years$6,034$3,903$2,447$1,497$898$131
39 years$5,814$3,712$2,293$1,380$814$112
40 years$5,605$3,531$2,149$1,273$739$96
41 years$5,408$3,361$2,015$1,174$670$82
42 years$5,220$3,201$1,890$1,084$608$70
43 years$5,041$3,050$1,774$1,000$552$59
44 years$4,871$2,907$1,665$924$501$51
45 years$4,709$2,773$1,563$853$455$43
46 years$4,555$2,645$1,468$788$413$37
47 years$4,408$2,524$1,380$728$375$31
48 years$4,267$2,410$1,296$673$341$27
49 years$4,132$2,301$1,219$622$309$23
50 years$4,003$2,198$1,146$575$281$20

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 $4,130 every year, while hoping to spend $40,341 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: 70/24/6 Blend
54$4,100,000$4,100,000$4,100,000$4,100,000
55$4,522,460$4,305,160$4,241,610$4,835,152
56$4,940,829$4,473,190$4,340,782$5,210,353
57$5,400,518$4,648,102$4,441,923$5,615,381
58$5,905,702$4,830,190$4,545,058$6,057,436
59$6,460,976$5,019,761$4,650,210$6,540,144
60$7,071,404$5,217,138$4,757,400$7,067,493
61$7,742,565$5,422,656$4,866,651$7,643,872
62$8,480,605$5,636,664$4,977,983$8,274,113
63$9,292,297$5,859,531$5,091,415$8,963,534
64$10,185,102$6,091,639$5,206,968$9,717,988
65$11,167,239$6,333,386$5,324,659$10,543,917
66$12,247,768$6,585,193$5,444,505$11,448,415
67$13,436,667$6,847,493$5,566,522$12,439,292
68$14,744,932$7,120,745$5,690,726$13,525,145
69$16,184,678$7,405,425$5,817,128$14,715,441
70$17,769,254$7,702,030$5,945,741$16,020,605
71$19,513,371$8,011,082$6,076,576$17,452,114
72$21,433,234$8,333,124$6,209,641$19,022,608
73$23,546,702$8,668,726$6,344,942$20,746,008
74$25,873,454$9,018,482$6,482,486$22,637,643
75$28,435,171$9,383,012$6,622,274$24,714,395
76$31,255,746$9,762,968$6,764,308$26,994,860
77$34,361,506$10,159,027$6,908,586$29,499,515
78$37,781,460$10,571,899$7,055,104$32,250,919
79$41,547,574$11,002,328$7,203,855$35,273,916
80$45,695,073$11,451,088$7,354,830$38,595,874
81$50,262,770$11,918,991$7,508,017$42,246,936
82$55,293,437$12,406,886$7,663,400$46,260,310
83$60,834,204$12,915,659$7,820,960$50,672,575
84$66,937,005$13,446,239$7,980,674$55,524,024
85$73,659,069$13,999,595$8,142,517$60,859,048
86$81,063,461$14,576,741$8,306,458$66,726,547
87$89,219,672$15,178,740$8,472,463$73,180,394
88$98,204,281$15,806,701$8,640,492$80,279,937
89$108,101,672$16,461,783$8,810,503$88,090,561
90$119,004,835$17,145,203$8,982,447$96,684,301
91$131,016,239$17,858,229$9,156,270$106,140,519
92$144,248,803$18,602,189$9,331,913$116,546,651
93$158,826,959$19,378,475$9,509,310$127,999,030
94$174,887,827$20,188,539$9,688,391$140,603,793
95$192,582,511$21,033,902$9,869,077$154,477,879
96$212,077,520$21,916,157$10,051,284$169,750,130
97$233,556,345$22,836,966$10,234,920$186,562,505
98$257,221,189$23,798,074$10,419,886$205,071,414
99$283,294,872$24,801,302$10,606,074$225,449,195
100$312,022,940$25,848,557$10,793,369$247,885,735