Can I retire at age 55 with 11,100,000?

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 $11,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$916,628$908,463$900,497$892,722$885,130$871,902
2 years$453,776$445,325$437,134$429,193$421,490$408,194
3 years$299,512$291,025$282,855$274,988$267,411$254,459
4 years$222,396$213,934$205,846$198,114$190,720$178,212
5 years$176,138$167,727$159,745$152,170$144,982$132,955
6 years$145,309$136,962$129,098$121,692$114,719$103,187
7 years$123,297$115,020$107,281$100,049$93,298$82,263
8 years$106,796$98,593$90,983$83,929$77,399$66,862
9 years$93,968$85,843$78,363$71,489$65,181$55,135
10 years$83,712$75,667$68,319$61,624$55,538$45,975
11 years$75,327$67,362$60,147$53,631$47,764$38,676
12 years$68,343$60,460$53,379$47,042$41,392$32,766
13 years$62,439$54,638$47,690$41,531$36,094$27,920
14 years$57,383$49,665$42,850$36,867$31,640$23,904
15 years$53,004$45,370$38,688$32,879$27,858$20,546
16 years$49,177$41,626$35,076$29,439$24,621$17,719
17 years$45,804$38,336$31,918$26,451$21,831$15,323
18 years$42,808$35,424$29,137$23,838$19,411$13,283
19 years$40,132$32,831$26,673$21,539$17,302$11,538
20 years$37,725$30,508$24,480$19,508$15,454$10,040
21 years$35,551$28,417$22,517$17,705$13,830$8,749
22 years$33,577$26,526$20,752$16,098$12,396$7,635
23 years$31,778$24,809$19,161$14,660$11,128$6,669
24 years$30,131$23,245$17,721$13,371$10,002$5,831
25 years$28,618$21,814$16,413$12,211$9,000$5,103
26 years$27,223$20,502$15,222$11,165$8,107$4,469
27 years$25,934$19,294$14,135$10,220$7,309$3,917
28 years$24,739$18,181$13,141$9,364$6,595$3,434
29 years$23,629$17,152$12,228$8,587$5,955$3,013
30 years$22,595$16,198$11,390$7,880$5,381$2,644
31 years$21,629$15,312$10,619$7,238$4,865$2,321
32 years$20,726$14,489$9,908$6,652$4,401$2,038
33 years$19,878$13,721$9,251$6,117$3,983$1,791
34 years$19,083$13,004$8,643$5,628$3,606$1,574
35 years$18,335$12,334$8,081$5,181$3,266$1,383
36 years$17,629$11,707$7,560$4,771$2,959$1,216
37 years$16,964$11,119$7,076$4,396$2,682$1,069
38 years$16,335$10,567$6,626$4,052$2,431$940
39 years$15,740$10,048$6,208$3,736$2,205$827
40 years$15,175$9,560$5,819$3,446$2,000$727
41 years$14,640$9,100$5,456$3,179$1,814$639
42 years$14,132$8,667$5,118$2,934$1,646$563
43 years$13,649$8,258$4,802$2,709$1,494$495
44 years$13,188$7,871$4,508$2,501$1,356$435
45 years$12,750$7,506$4,233$2,310$1,231$383
46 years$12,332$7,161$3,976$2,134$1,118$337
47 years$11,933$6,833$3,735$1,971$1,015$297
48 years$11,551$6,523$3,510$1,821$922$261
49 years$11,186$6,229$3,299$1,683$837$230
50 years$10,837$5,951$3,102$1,556$760$202

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $11,100,000, adding $6,389 every year, while hoping to spend $49,800 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: 52/30/18 Blend
54$11,100,000$11,100,000$11,100,000$11,100,000
55$12,238,790$11,650,490$11,478,440$12,814,574
56$13,434,160$12,168,377$11,809,981$13,728,619
57$14,749,788$12,709,972$12,150,960$14,716,522
58$16,197,889$13,276,383$12,501,639$15,789,955
59$17,791,921$13,868,772$12,862,291$16,957,047
60$19,546,711$14,488,357$13,233,192$18,226,729
61$21,478,601$15,136,412$13,614,629$19,608,820
62$23,605,594$15,814,272$14,006,895$21,114,112
63$25,947,531$16,523,337$14,410,292$22,754,470
64$28,526,271$17,265,072$14,825,129$24,542,941
65$31,365,903$18,041,014$15,251,723$26,493,870
66$34,492,971$18,852,770$15,690,402$28,623,035
67$37,936,725$19,702,026$16,141,501$30,947,790
68$41,729,393$20,590,548$16,605,364$33,487,224
69$45,906,492$21,520,185$17,082,345$36,262,337
70$50,507,158$22,492,878$17,572,806$39,296,234
71$55,574,514$23,510,655$18,077,122$42,614,334
72$61,156,083$24,575,646$18,595,674$46,244,611
73$67,304,231$25,690,080$19,128,856$50,217,848
74$74,076,662$26,856,293$19,677,073$54,567,923
75$81,536,964$28,076,734$20,240,737$59,332,121
76$89,755,208$29,353,967$20,820,275$64,551,482
77$98,808,609$30,690,682$21,416,124$70,271,182
78$108,782,256$32,089,694$22,028,733$76,540,949
79$119,769,913$33,553,955$22,658,562$83,415,530
80$131,874,904$35,086,559$23,306,085$90,955,195
81$145,211,091$36,690,748$23,971,785$99,226,301
82$159,903,945$38,369,917$24,656,163$108,301,910
83$176,091,732$40,127,627$25,359,728$118,262,471
84$193,926,817$41,967,609$26,083,008$129,196,567
85$213,577,103$43,893,773$26,826,539$141,201,743
86$235,227,615$45,910,215$27,590,876$154,385,419
87$259,082,248$48,021,232$28,376,586$168,865,892
88$285,365,687$50,231,322$29,184,252$184,773,442
89$314,325,535$52,545,204$30,014,472$202,251,550
90$346,234,642$54,967,822$30,867,859$221,458,241
91$381,393,687$57,504,357$31,745,044$242,567,564
92$420,134,013$60,160,240$32,646,673$265,771,221
93$462,820,754$62,941,164$33,573,408$291,280,364
94$509,856,284$65,853,094$34,525,931$319,327,575
95$561,684,015$68,902,286$35,504,939$350,169,044
96$618,792,580$72,095,293$36,511,150$384,086,973
97$681,720,447$75,438,986$37,545,298$421,392,227
98$751,061,004$78,940,568$38,608,136$462,427,246
99$827,468,158$82,607,587$39,700,440$507,569,267
100$911,662,507$86,447,956$40,823,002$557,233,858