Can I retire at age 55 with 4,400,000?

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 $4,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$363,348$360,111$356,954$353,872$350,862$341,273
2 years$179,875$176,525$173,278$170,131$167,077$157,486
3 years$118,726$115,361$112,123$109,004$106,001$96,708
4 years$88,157$84,803$81,597$78,531$75,601$66,678
5 years$69,820$66,486$63,322$60,320$57,470$48,942
6 years$57,600$54,291$51,174$48,238$45,474$37,349
7 years$48,875$45,594$42,526$39,659$36,983$29,260
8 years$42,334$39,082$36,065$33,269$30,681$23,357
9 years$37,249$34,028$31,063$28,338$25,838$18,906
10 years$33,183$29,994$27,081$24,428$22,015$15,466
11 years$29,859$26,702$23,842$21,259$18,934$12,757
12 years$27,091$23,966$21,159$18,647$16,407$10,593
13 years$24,751$21,658$18,904$16,463$14,308$8,842
14 years$22,746$19,687$16,986$14,614$12,542$7,412
15 years$21,011$17,984$15,336$13,033$11,043$6,235
16 years$19,494$16,500$13,904$11,670$9,760$5,261
17 years$18,156$15,196$12,652$10,485$8,654$4,449
18 years$16,969$14,042$11,550$9,449$7,694$3,770
19 years$15,908$13,014$10,573$8,538$6,858$3,200
20 years$14,954$12,093$9,704$7,733$6,126$2,721
21 years$14,092$11,264$8,925$7,018$5,482$2,315
22 years$13,310$10,515$8,226$6,381$4,914$1,973
23 years$12,597$9,834$7,595$5,811$4,411$1,682
24 years$11,944$9,214$7,024$5,300$3,965$1,435
25 years$11,344$8,647$6,506$4,841$3,568$1,225
26 years$10,791$8,127$6,034$4,426$3,214$1,047
27 years$10,280$7,648$5,603$4,051$2,897$895
28 years$9,807$7,207$5,209$3,712$2,614$765
29 years$9,367$6,799$4,847$3,404$2,361$654
30 years$8,956$6,421$4,515$3,124$2,133$560
31 years$8,574$6,070$4,209$2,869$1,928$479
32 years$8,216$5,743$3,927$2,637$1,744$410
33 years$7,880$5,439$3,667$2,425$1,579$351
34 years$7,564$5,155$3,426$2,231$1,429$300
35 years$7,268$4,889$3,203$2,054$1,295$257
36 years$6,988$4,641$2,997$1,891$1,173$220
37 years$6,724$4,408$2,805$1,743$1,063$189
38 years$6,475$4,189$2,627$1,606$964$162
39 years$6,239$3,983$2,461$1,481$874$138
40 years$6,015$3,790$2,306$1,366$793$119
41 years$5,803$3,607$2,163$1,260$719$102
42 years$5,602$3,436$2,029$1,163$653$87
43 years$5,410$3,273$1,904$1,074$592$75
44 years$5,228$3,120$1,787$991$538$64
45 years$5,054$2,975$1,678$916$488$55
46 years$4,888$2,838$1,576$846$443$47
47 years$4,730$2,709$1,481$781$402$40
48 years$4,579$2,586$1,391$722$365$34
49 years$4,434$2,469$1,308$667$332$29
50 years$4,296$2,359$1,229$617$301$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $4,400,000, adding $2,668 every year, while hoping to spend $37,362 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: 76/17/7 Blend
54$4,400,000$4,400,000$4,400,000$4,400,000
55$4,851,552$4,618,352$4,550,152$5,215,801
56$5,306,657$4,804,898$4,662,829$5,642,128
57$5,806,931$4,999,333$4,778,029$6,104,235
58$6,356,942$5,202,004$4,895,796$6,609,656
59$6,961,721$5,413,273$5,016,176$7,162,672
60$7,626,813$5,633,520$5,139,215$7,767,999
61$8,358,327$5,863,141$5,264,957$8,430,827
62$9,162,993$6,102,552$5,393,450$9,156,870
63$10,048,226$6,352,185$5,524,739$9,952,419
64$11,022,198$6,612,495$5,658,870$10,824,402
65$12,093,910$6,883,955$5,795,890$11,780,446
66$13,273,281$7,167,061$5,935,845$12,828,950
67$14,571,240$7,462,332$6,078,781$13,979,164
68$15,999,830$7,770,310$6,224,743$15,241,273
69$17,572,320$8,091,561$6,373,779$16,626,495
70$19,303,329$8,426,681$6,525,933$18,147,185
71$21,208,968$8,776,287$6,681,251$19,816,948
72$23,306,988$9,141,031$6,839,779$21,650,771
73$25,616,950$9,521,590$7,001,560$23,665,161
74$28,160,406$9,918,676$7,166,639$25,878,298
75$30,961,106$10,333,029$7,335,061$28,310,210
76$34,045,220$10,765,429$7,506,867$30,982,955
77$37,441,586$11,216,688$7,682,100$33,920,835
78$41,181,979$11,687,657$7,860,801$37,150,617
79$45,301,414$12,179,227$8,043,012$40,701,789
80$49,838,477$12,692,327$8,228,771$44,606,835
81$54,835,684$13,227,933$8,418,117$48,901,541
82$60,339,887$13,787,066$8,611,088$53,625,331
83$66,402,714$14,370,790$8,807,718$58,821,639
84$73,081,057$14,980,225$9,008,042$64,538,312
85$80,437,606$15,616,538$9,212,093$70,828,068
86$88,541,446$16,280,951$9,419,902$77,748,986
87$97,468,702$16,974,746$9,631,497$85,365,054
88$107,303,262$17,699,262$9,846,905$93,746,771
89$118,137,570$18,455,901$10,066,152$102,971,811
90$130,073,493$19,246,131$10,289,258$113,125,754
91$143,223,285$20,071,487$10,516,244$124,302,892
92$157,710,648$20,933,578$10,747,126$136,607,116
93$173,671,898$21,834,087$10,981,919$150,152,893
94$191,257,250$22,774,776$11,220,632$165,066,348
95$210,632,239$23,757,490$11,463,273$181,486,449
96$231,979,280$24,784,159$11,709,845$199,566,316
97$255,499,389$25,856,805$11,960,347$219,474,668
98$281,414,083$26,977,545$12,214,775$241,397,404
99$309,967,470$28,148,595$12,473,120$265,539,366
100$341,428,550$29,372,274$12,735,368$292,126,260