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%16.5%
1 years$751,469$744,776$738,245$731,871$725,647$706,385
2 years$372,015$365,086$358,371$351,861$345,546$326,275
3 years$245,546$238,588$231,890$225,441$219,229$200,551
4 years$182,324$175,387$168,757$162,417$156,356$138,415
5 years$144,401$137,506$130,962$124,752$118,859$101,705
6 years$119,127$112,284$105,837$99,765$94,049$77,698
7 years$101,082$94,296$87,951$82,023$76,487$60,940
8 years$87,554$80,829$74,589$68,807$63,453$48,702
9 years$77,037$70,376$64,244$58,608$53,437$39,469
10 years$68,629$62,033$56,009$50,521$45,531$32,328
11 years$61,754$55,224$49,310$43,968$39,158$26,701
12 years$56,029$49,566$43,761$38,566$33,934$22,199
13 years$51,189$44,794$39,098$34,048$29,591$18,554
14 years$47,043$40,716$35,129$30,224$25,939$15,575
15 years$43,454$37,195$31,717$26,954$22,839$13,121
16 years$40,316$34,126$28,756$24,135$20,185$11,086
17 years$37,551$31,428$26,167$21,685$17,897$9,389
18 years$35,095$29,041$23,887$19,542$15,914$7,969
19 years$32,901$26,915$21,867$17,658$14,184$6,774
20 years$30,928$25,011$20,069$15,993$12,670$5,767
21 years$29,146$23,297$18,459$14,515$11,338$4,916
22 years$27,527$21,747$17,013$13,197$10,163$4,195
23 years$26,052$20,339$15,709$12,019$9,123$3,582
24 years$24,702$19,056$14,528$10,962$8,200$3,062
25 years$23,461$17,884$13,456$10,011$7,378$2,618
26 years$22,318$16,808$12,480$9,154$6,646$2,240
27 years$21,261$15,818$11,588$8,379$5,992$1,918
28 years$20,282$14,905$10,773$7,677$5,407$1,642
29 years$19,372$14,061$10,025$7,040$4,882$1,407
30 years$18,524$13,279$9,338$6,461$4,411$1,206
31 years$17,732$12,553$8,706$5,933$3,988$1,033
32 years$16,991$11,878$8,122$5,453$3,608$886
33 years$16,297$11,249$7,584$5,015$3,265$760
34 years$15,645$10,661$7,086$4,614$2,956$651
35 years$15,031$10,112$6,625$4,247$2,677$559
36 years$14,453$9,598$6,197$3,912$2,426$479
37 years$13,907$9,116$5,801$3,604$2,199$411
38 years$13,392$8,663$5,432$3,322$1,993$353
39 years$12,904$8,238$5,089$3,063$1,808$303
40 years$12,441$7,838$4,770$2,825$1,640$260
41 years$12,002$7,461$4,473$2,607$1,487$223
42 years$11,586$7,105$4,196$2,406$1,350$191
43 years$11,189$6,770$3,937$2,221$1,225$164
44 years$10,812$6,453$3,696$2,050$1,112$141
45 years$10,453$6,154$3,470$1,894$1,009$121
46 years$10,110$5,870$3,259$1,749$916$104
47 years$9,783$5,602$3,062$1,616$832$89
48 years$9,470$5,348$2,877$1,493$756$76
49 years$9,171$5,107$2,705$1,380$686$66
50 years$8,885$4,878$2,543$1,276$623$56

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 $6,911 every year, while hoping to spend $22,857 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: 55/31/14 Blend
54$9,100,000$9,100,000$9,100,000$9,100,000
55$10,035,329$9,553,029$9,411,979$10,550,240
56$11,034,613$9,996,807$9,702,960$11,344,710
57$12,135,057$10,461,565$10,002,924$12,206,284
58$13,346,957$10,948,306$10,312,146$13,143,901
59$14,681,656$11,458,082$10,630,912$14,164,820
60$16,151,653$11,991,996$10,959,515$15,277,018
61$17,770,722$12,551,205$11,298,260$16,489,264
62$19,554,042$13,136,920$11,647,458$17,811,197
63$21,518,338$13,750,413$12,007,432$19,253,413
64$23,682,041$14,393,015$12,378,512$20,827,565
65$26,065,459$15,066,123$12,761,043$22,546,465
66$28,690,973$15,771,200$13,155,375$24,424,206
67$31,583,245$16,509,782$13,561,872$26,476,287
68$34,769,451$17,283,476$13,980,910$28,719,757
69$38,279,539$18,093,970$14,412,875$31,173,371
70$42,146,509$18,943,032$14,858,163$33,857,764
71$46,406,727$19,832,515$15,317,186$36,795,639
72$51,100,268$20,764,363$15,790,366$40,011,979
73$56,271,292$21,740,613$16,278,140$43,534,275
74$61,968,462$22,763,402$16,780,956$47,392,782
75$68,245,405$23,834,968$17,299,278$51,620,797
76$75,161,216$24,957,660$17,833,583$56,254,971
77$82,781,014$26,133,940$18,384,362$61,335,646
78$91,176,562$27,366,388$18,952,123$66,907,229
79$100,426,941$28,657,710$19,537,389$73,018,605
80$110,619,295$30,010,744$20,140,697$79,723,596
81$121,849,656$31,428,464$20,762,604$87,081,452
82$134,223,851$32,913,989$21,403,681$95,157,413
83$147,858,498$34,470,588$22,064,519$104,023,310
84$162,882,109$36,101,691$22,745,724$113,758,238
85$179,436,303$37,810,893$23,447,925$124,449,290
86$197,677,141$39,601,962$24,171,766$136,192,376
87$217,776,603$41,478,852$24,917,913$149,093,113
88$239,924,206$43,445,705$25,687,053$163,267,815
89$264,328,798$45,506,867$26,479,892$178,844,580
90$291,220,526$47,666,895$27,297,159$195,964,489
91$320,853,012$49,930,565$28,139,606$214,782,922
92$353,505,743$52,302,886$29,008,006$235,471,018
93$389,486,713$54,789,111$29,903,159$258,217,277
94$429,135,328$57,394,749$30,825,885$283,229,323
95$472,825,613$60,125,572$31,777,033$310,735,852
96$520,969,739$62,987,639$32,757,477$340,988,777
97$574,021,917$65,987,298$33,768,118$374,265,592
98$632,482,684$69,131,208$34,809,882$410,871,972
99$696,903,633$72,426,351$35,883,727$451,144,645
100$767,892,610$75,880,050$36,990,639$495,454,553