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%11.6%
1 years$751,469$744,776$738,245$731,871$725,647$720,772
2 years$372,015$365,086$358,371$351,861$345,546$340,629
3 years$245,546$238,588$231,890$225,441$219,229$214,422
4 years$182,324$175,387$168,757$162,417$156,356$151,697
5 years$144,401$137,506$130,962$124,752$118,859$114,362
6 years$119,127$112,284$105,837$99,765$94,049$89,719
7 years$101,082$94,296$87,951$82,023$76,487$72,326
8 years$87,554$80,829$74,589$68,807$63,453$59,462
9 years$77,037$70,376$64,244$58,608$53,437$49,614
10 years$68,629$62,033$56,009$50,521$45,531$41,874
11 years$61,754$55,224$49,310$43,968$39,158$35,665
12 years$56,029$49,566$43,761$38,566$33,934$30,601
13 years$51,189$44,794$39,098$34,048$29,591$26,415
14 years$47,043$40,716$35,129$30,224$25,939$22,917
15 years$43,454$37,195$31,717$26,954$22,839$19,966
16 years$40,316$34,126$28,756$24,135$20,185$17,458
17 years$37,551$31,428$26,167$21,685$17,897$15,311
18 years$35,095$29,041$23,887$19,542$15,914$13,463
19 years$32,901$26,915$21,867$17,658$14,184$11,865
20 years$30,928$25,011$20,069$15,993$12,670$10,477
21 years$29,146$23,297$18,459$14,515$11,338$9,267
22 years$27,527$21,747$17,013$13,197$10,163$8,210
23 years$26,052$20,339$15,709$12,019$9,123$7,282
24 years$24,702$19,056$14,528$10,962$8,200$6,466
25 years$23,461$17,884$13,456$10,011$7,378$5,748
26 years$22,318$16,808$12,480$9,154$6,646$5,114
27 years$21,261$15,818$11,588$8,379$5,992$4,554
28 years$20,282$14,905$10,773$7,677$5,407$4,057
29 years$19,372$14,061$10,025$7,040$4,882$3,617
30 years$18,524$13,279$9,338$6,461$4,411$3,227
31 years$17,732$12,553$8,706$5,933$3,988$2,880
32 years$16,991$11,878$8,122$5,453$3,608$2,571
33 years$16,297$11,249$7,584$5,015$3,265$2,297
34 years$15,645$10,661$7,086$4,614$2,956$2,052
35 years$15,031$10,112$6,625$4,247$2,677$1,834
36 years$14,453$9,598$6,197$3,912$2,426$1,640
37 years$13,907$9,116$5,801$3,604$2,199$1,466
38 years$13,392$8,663$5,432$3,322$1,993$1,312
39 years$12,904$8,238$5,089$3,063$1,808$1,173
40 years$12,441$7,838$4,770$2,825$1,640$1,050
41 years$12,002$7,461$4,473$2,607$1,487$939
42 years$11,586$7,105$4,196$2,406$1,350$841
43 years$11,189$6,770$3,937$2,221$1,225$753
44 years$10,812$6,453$3,696$2,050$1,112$674
45 years$10,453$6,154$3,470$1,894$1,009$603
46 years$10,110$5,870$3,259$1,749$916$540
47 years$9,783$5,602$3,062$1,616$832$484
48 years$9,470$5,348$2,877$1,493$756$433
49 years$9,171$5,107$2,705$1,380$686$388
50 years$8,885$4,878$2,543$1,276$623$347

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 $6,467 every year, while hoping to spend $53,212 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: 77/14/9 Blend
54$9,100,000$9,100,000$9,100,000$9,100,000
55$10,034,871$9,552,571$9,411,521$10,792,703
56$11,001,810$9,964,030$9,670,189$11,703,272
57$12,065,594$10,393,866$9,935,740$12,693,919
58$13,236,045$10,842,926$10,208,347$13,778,561
59$14,523,984$11,312,091$10,488,189$14,966,528
60$15,941,335$11,802,289$10,775,448$16,268,090
61$17,501,237$12,314,487$11,070,312$17,694,556
62$19,218,166$12,849,700$11,372,971$19,258,376
63$21,108,074$13,408,990$11,683,620$20,973,261
64$23,188,537$13,993,470$12,002,461$22,854,307
65$25,478,922$14,604,303$12,329,697$24,918,136
66$28,000,567$15,242,710$12,665,537$27,183,057
67$30,776,989$15,909,967$13,010,197$29,669,229
68$33,834,098$16,607,411$13,363,894$32,398,855
69$37,200,443$17,336,442$13,726,852$35,396,389
70$40,907,488$18,098,526$14,099,301$38,688,763
71$44,989,897$18,895,200$14,481,473$42,305,641
72$49,485,872$19,728,070$14,873,608$46,279,697
73$54,437,508$20,598,822$15,275,950$50,646,919
74$59,891,188$21,509,219$15,688,750$55,446,950
75$65,898,028$22,461,109$16,112,261$60,723,457
76$72,514,350$23,456,427$16,546,745$66,524,541
77$79,802,221$24,497,199$16,992,468$72,903,190
78$87,830,033$25,585,548$17,449,702$79,917,778
79$96,673,155$26,723,697$17,918,725$87,632,607
80$106,414,635$27,913,977$18,399,820$96,118,517
81$117,145,991$29,158,826$18,893,278$105,453,552
82$128,968,074$30,460,800$19,399,395$115,723,689
83$141,992,015$31,822,576$19,918,471$127,023,649
84$156,340,277$33,246,959$20,450,817$139,457,789
85$172,147,812$34,736,887$20,996,746$153,141,081
86$189,563,332$36,295,437$21,556,580$168,200,195
87$208,750,712$37,925,834$22,130,646$184,774,692
88$229,890,541$39,631,457$22,719,279$203,018,334
89$253,181,821$41,415,843$23,322,820$223,100,536
90$278,843,849$43,282,701$23,941,616$245,207,955
91$307,118,284$45,235,916$24,576,023$269,546,256
92$338,271,431$47,279,558$25,226,401$296,342,038
93$372,596,752$49,417,891$25,893,121$325,844,978
94$410,417,637$51,655,384$26,576,557$358,330,177
95$452,090,457$53,996,719$27,277,092$394,100,753
96$498,007,927$56,446,801$27,995,118$433,490,697
97$548,602,812$59,010,771$28,731,031$476,868,022
98$604,352,015$61,694,015$29,485,237$524,638,226
99$665,781,075$64,502,177$30,258,147$577,248,120
100$733,469,132$67,441,171$31,050,183$635,190,034