Can I retire at age 55 with 9,100,000?

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 $9,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$751,469$744,776$738,245$731,871$725,647$710,705
2 years$372,015$365,086$358,371$351,861$345,546$330,560
3 years$245,546$238,588$231,890$225,441$219,229$204,667
4 years$182,324$175,387$168,757$162,417$156,356$142,330
5 years$144,401$137,506$130,962$124,752$118,859$105,409
6 years$119,127$112,284$105,837$99,765$94,049$81,189
7 years$101,082$94,296$87,951$82,023$76,487$64,220
8 years$87,554$80,829$74,589$68,807$63,453$51,775
9 years$77,037$70,376$64,244$58,608$53,437$42,340
10 years$68,629$62,033$56,009$50,521$45,531$35,004
11 years$61,754$55,224$49,310$43,968$39,158$29,188
12 years$56,029$49,566$43,761$38,566$33,934$24,506
13 years$51,189$44,794$39,098$34,048$29,591$20,689
14 years$47,043$40,716$35,129$30,224$25,939$17,546
15 years$43,454$37,195$31,717$26,954$22,839$14,937
16 years$40,316$34,126$28,756$24,135$20,185$12,756
17 years$37,551$31,428$26,167$21,685$17,897$10,921
18 years$35,095$29,041$23,887$19,542$15,914$9,372
19 years$32,901$26,915$21,867$17,658$14,184$8,057
20 years$30,928$25,011$20,069$15,993$12,670$6,938
21 years$29,146$23,297$18,459$14,515$11,338$5,982
22 years$27,527$21,747$17,013$13,197$10,163$5,164
23 years$26,052$20,339$15,709$12,019$9,123$4,462
24 years$24,702$19,056$14,528$10,962$8,200$3,859
25 years$23,461$17,884$13,456$10,011$7,378$3,340
26 years$22,318$16,808$12,480$9,154$6,646$2,892
27 years$21,261$15,818$11,588$8,379$5,992$2,506
28 years$20,282$14,905$10,773$7,677$5,407$2,173
29 years$19,372$14,061$10,025$7,040$4,882$1,884
30 years$18,524$13,279$9,338$6,461$4,411$1,635
31 years$17,732$12,553$8,706$5,933$3,988$1,419
32 years$16,991$11,878$8,122$5,453$3,608$1,232
33 years$16,297$11,249$7,584$5,015$3,265$1,069
34 years$15,645$10,661$7,086$4,614$2,956$929
35 years$15,031$10,112$6,625$4,247$2,677$807
36 years$14,453$9,598$6,197$3,912$2,426$701
37 years$13,907$9,116$5,801$3,604$2,199$609
38 years$13,392$8,663$5,432$3,322$1,993$529
39 years$12,904$8,238$5,089$3,063$1,808$460
40 years$12,441$7,838$4,770$2,825$1,640$399
41 years$12,002$7,461$4,473$2,607$1,487$347
42 years$11,586$7,105$4,196$2,406$1,350$302
43 years$11,189$6,770$3,937$2,221$1,225$262
44 years$10,812$6,453$3,696$2,050$1,112$228
45 years$10,453$6,154$3,470$1,894$1,009$198
46 years$10,110$5,870$3,259$1,749$916$172
47 years$9,783$5,602$3,062$1,616$832$150
48 years$9,470$5,348$2,877$1,493$756$130
49 years$9,171$5,107$2,705$1,380$686$113
50 years$8,885$4,878$2,543$1,276$623$98

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $9,100,000, adding $5,404 every year, while hoping to spend $25,414 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: 49/37/14 Blend
54$9,100,000$9,100,000$9,100,000$9,100,000
55$10,033,774$9,551,474$9,410,424$10,486,440
56$11,030,179$9,992,456$9,698,633$11,239,712
57$12,127,365$10,454,194$9,995,645$12,054,422
58$13,335,586$10,937,679$10,301,729$12,938,843
59$14,666,138$11,443,949$10,617,160$13,899,519
60$16,131,473$11,974,090$10,942,223$14,943,635
61$17,745,307$12,529,245$11,277,211$16,079,085
62$19,522,758$13,110,607$11,622,427$17,314,539
63$21,480,482$13,719,430$11,978,182$18,659,522
64$23,636,836$14,357,027$12,344,796$20,124,503
65$26,012,047$15,024,775$12,722,600$21,720,987
66$28,628,403$15,724,116$13,111,934$23,461,617
67$31,510,466$16,456,564$13,513,150$25,360,294
68$34,685,302$17,223,703$13,926,609$27,432,302
69$38,182,735$18,027,197$14,352,682$29,694,445
70$42,035,631$18,868,787$14,791,754$32,165,200
71$46,280,208$19,750,300$15,244,220$34,864,891
72$50,956,375$20,673,651$15,710,488$37,815,871
73$56,108,112$21,640,847$16,190,976$41,042,728
74$61,783,883$22,653,992$16,686,118$44,572,510
75$68,037,095$23,715,293$17,196,358$48,434,977
76$74,926,599$24,827,062$17,722,156$52,662,871
77$82,517,248$25,991,724$18,263,984$57,292,223
78$90,880,509$27,211,821$18,822,330$62,362,679
79$100,095,138$28,490,018$19,397,695$67,917,873
80$110,247,921$29,829,107$19,990,597$74,005,827
81$121,434,495$31,232,019$20,601,568$80,679,398
82$133,760,250$32,701,825$21,231,157$87,996,764
83$147,341,325$34,241,743$21,879,929$96,021,971
84$162,305,700$35,855,149$22,548,468$104,825,520
85$178,794,413$37,545,582$23,237,372$114,485,028
86$196,962,880$39,316,753$23,947,261$125,085,948
87$216,982,371$41,172,552$24,678,772$136,722,364
88$239,041,623$43,117,056$25,432,561$149,497,867
89$263,348,620$45,154,544$26,209,303$163,526,523
90$290,132,561$47,289,498$27,009,697$178,933,937
91$319,646,019$49,526,620$27,834,458$195,858,421
92$352,167,327$51,870,839$28,684,327$214,452,290
93$388,003,208$54,327,323$29,560,065$234,883,283
94$427,491,665$56,901,491$30,462,456$257,336,135
95$471,005,176$59,599,026$31,392,311$282,014,297
96$518,954,211$62,425,885$32,350,460$309,141,848
97$571,791,102$65,388,315$33,337,762$338,965,587
98$630,014,318$68,492,866$34,355,100$371,757,349
99$694,173,169$71,746,407$35,403,386$407,816,547
100$764,872,990$75,156,139$36,483,558$447,472,981