Can I retire at age 55 with 11,600,000?

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 $11,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$957,917$949,385$941,060$932,934$925,000$920,715
2 years$474,216$465,385$456,825$448,526$440,476$436,151
3 years$313,004$304,134$295,596$287,375$279,456$275,225
4 years$232,413$223,571$215,118$207,038$199,311$195,205
5 years$184,072$175,282$166,941$159,025$151,513$147,546
6 years$151,855$143,131$134,913$127,173$119,887$116,063
7 years$128,851$120,201$112,113$104,556$97,500$93,822
8 years$111,607$103,035$95,081$87,710$80,886$77,353
9 years$98,201$89,710$81,893$74,709$68,118$64,730
10 years$87,483$79,075$71,396$64,400$58,040$54,796
11 years$78,720$70,396$62,856$56,047$49,916$46,813
12 years$71,422$63,184$55,783$49,161$43,256$40,292
13 years$65,252$57,100$49,839$43,402$37,720$34,892
14 years$59,968$51,902$44,780$38,527$33,065$30,370
15 years$55,392$47,413$40,431$34,360$29,113$26,548
16 years$51,392$43,501$36,656$30,765$25,730$23,291
17 years$47,867$40,063$33,356$27,642$22,814$20,497
18 years$44,737$37,020$30,449$24,911$20,285$18,087
19 years$41,939$34,309$27,875$22,509$18,081$15,997
20 years$39,425$31,882$25,582$20,387$16,150$14,177
21 years$37,153$29,697$23,531$18,502$14,453$12,586
22 years$35,090$27,721$21,687$16,823$12,955$11,191
23 years$33,209$25,927$20,024$15,321$11,629$9,964
24 years$31,488$24,292$18,519$13,973$10,452$8,882
25 years$29,907$22,797$17,152$12,761$9,405$7,926
26 years$28,449$21,425$15,908$11,668$8,472$7,079
27 years$27,102$20,164$14,772$10,680$7,638$6,328
28 years$25,854$19,000$13,732$9,785$6,892$5,661
29 years$24,694$17,924$12,779$8,973$6,223$5,067
30 years$23,613$16,928$11,903$8,235$5,623$4,538
31 years$22,603$16,002$11,097$7,564$5,084$4,067
32 years$21,659$15,141$10,354$6,951$4,599$3,646
33 years$20,774$14,339$9,667$6,392$4,162$3,270
34 years$19,943$13,590$9,033$5,881$3,768$2,934
35 years$19,160$12,890$8,445$5,414$3,413$2,633
36 years$18,423$12,235$7,900$4,986$3,092$2,364
37 years$17,728$11,620$7,394$4,594$2,803$2,123
38 years$17,071$11,043$6,924$4,235$2,541$1,907
39 years$16,449$10,501$6,487$3,904$2,304$1,713
40 years$15,859$9,991$6,081$3,601$2,090$1,539
41 years$15,300$9,510$5,702$3,323$1,896$1,384
42 years$14,768$9,057$5,348$3,066$1,720$1,244
43 years$14,263$8,630$5,019$2,831$1,561$1,118
44 years$13,782$8,226$4,711$2,614$1,417$1,005
45 years$13,324$7,844$4,423$2,414$1,287$904
46 years$12,887$7,483$4,155$2,230$1,168$813
47 years$12,470$7,141$3,903$2,060$1,061$731
48 years$12,072$6,817$3,668$1,903$963$658
49 years$11,690$6,510$3,448$1,759$875$592
50 years$11,326$6,219$3,241$1,626$795$532

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $11,600,000, adding $5,215 every year, while hoping to spend $38,548 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: 38/48/14 Blend
54$11,600,000$11,600,000$11,600,000$11,600,000
55$12,788,579$12,173,779$11,993,979$13,220,135
56$14,052,000$12,729,280$12,354,763$14,084,220
57$15,442,997$13,310,708$12,726,341$15,013,324
58$16,974,543$13,919,293$13,109,034$16,016,571
59$18,660,932$14,556,324$13,503,172$17,100,641
60$20,517,916$15,223,152$13,909,096$18,272,861
61$22,562,848$15,921,192$14,327,157$19,541,261
62$24,814,856$16,651,927$14,757,713$20,914,649
63$27,295,011$17,416,912$15,201,137$22,402,688
64$30,026,538$18,217,776$15,657,810$24,015,976
65$33,035,024$19,056,227$16,128,127$25,766,148
66$36,348,668$19,934,053$16,612,490$27,665,970
67$39,998,542$20,853,132$17,111,319$29,729,459
68$44,018,886$21,815,428$17,625,040$31,972,005
69$48,447,431$22,823,002$18,154,097$34,410,511
70$53,325,753$23,878,013$18,698,944$37,063,540
71$58,699,670$24,982,726$19,260,049$39,951,486
72$64,619,669$26,139,513$19,837,893$43,096,757
73$71,141,386$27,350,860$20,432,974$46,523,972
74$78,326,130$28,619,374$21,045,800$50,260,194
75$86,241,459$29,947,787$21,676,899$54,335,165
76$94,961,823$31,338,964$22,326,810$58,781,581
77$104,569,262$32,795,906$22,996,091$63,635,391
78$115,154,181$34,321,760$23,685,314$68,936,120
79$126,816,206$35,919,825$24,395,071$74,727,233
80$139,665,121$37,593,558$25,125,968$81,056,533
81$153,821,906$39,346,585$25,878,630$87,976,597
82$169,419,877$41,182,704$26,653,701$95,545,259
83$186,605,948$43,105,900$27,451,844$103,826,143
84$205,542,013$45,120,348$28,273,739$112,889,244
85$226,406,478$47,230,425$29,120,089$122,811,578
86$249,395,943$49,440,719$29,991,616$133,677,887
87$274,727,057$51,756,042$30,889,063$145,581,427
88$302,638,566$54,181,437$31,813,195$158,624,825
89$333,393,563$56,722,191$32,764,801$172,921,029
90$367,281,974$59,383,847$33,744,690$188,594,358
91$404,623,295$62,172,215$34,753,696$205,781,650
92$445,769,605$65,093,387$35,792,679$224,633,534
93$491,108,893$68,153,752$36,862,522$245,315,829
94$541,068,719$71,360,004$37,964,135$268,011,082
95$596,120,248$74,719,164$39,098,453$292,920,270
96$656,782,702$78,238,592$40,266,440$320,264,668
97$723,628,260$81,926,005$41,469,088$350,287,911
98$797,287,457$85,789,493$42,707,417$383,258,262
99$878,455,139$89,837,540$43,982,477$419,471,120
100$967,897,021$94,079,038$45,295,349$459,251,769