Can I retire at age 55 with 12,700,000?

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 $12,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$1,048,754$1,039,412$1,030,298$1,021,402$1,012,716$1,003,811
2 years$519,185$509,516$500,145$491,059$482,246$473,273
3 years$342,685$332,974$323,627$314,626$305,956$297,193
4 years$254,453$244,771$235,517$226,670$218,211$209,724
5 years$201,527$191,904$182,771$174,105$165,880$157,696
6 years$166,255$156,704$147,706$139,233$131,255$123,383
7 years$141,070$131,600$122,745$114,471$106,746$99,190
8 years$122,190$112,805$104,097$96,027$88,556$81,315
9 years$107,513$98,217$89,659$81,794$74,577$67,650
10 years$95,779$86,574$78,167$70,507$63,543$56,925
11 years$86,184$77,071$68,817$61,362$54,649$48,336
12 years$78,195$69,175$61,073$53,823$47,358$41,343
13 years$71,439$62,514$54,565$47,517$41,297$35,573
14 years$65,654$56,824$49,027$42,181$36,201$30,761
15 years$60,645$51,909$44,264$37,618$31,874$26,710
16 years$56,266$47,626$40,132$33,683$28,170$23,275
17 years$52,406$43,862$36,519$30,264$24,978$20,342
18 years$48,979$40,530$33,337$27,274$22,209$17,824
19 years$45,916$37,563$30,518$24,644$19,795$15,652
20 years$43,163$34,905$28,008$22,320$17,682$13,771
21 years$40,676$32,513$25,762$20,257$15,823$12,136
22 years$38,417$30,350$23,744$18,418$14,183$10,711
23 years$36,358$28,385$21,923$16,774$12,732$9,464
24 years$34,474$26,595$20,275$15,299$11,443$8,372
25 years$32,743$24,958$18,779$13,972$10,297$7,414
26 years$31,147$23,457$17,417$12,775$9,276$6,570
27 years$29,672$22,076$16,173$11,693$8,363$5,827
28 years$28,306$20,802$15,035$10,713$7,546$5,171
29 years$27,035$19,624$13,991$9,824$6,814$4,592
30 years$25,852$18,533$13,032$9,016$6,157$4,080
31 years$24,747$17,520$12,150$8,281$5,566$3,626
32 years$23,713$16,577$11,336$7,610$5,035$3,224
33 years$22,744$15,699$10,584$6,998$4,557$2,868
34 years$21,834$14,879$9,889$6,439$4,126$2,552
35 years$20,977$14,112$9,246$5,927$3,737$2,271
36 years$20,171$13,395$8,649$5,459$3,386$2,022
37 years$19,409$12,722$8,095$5,030$3,068$1,801
38 years$18,689$12,090$7,581$4,636$2,782$1,604
39 years$18,008$11,497$7,103$4,275$2,523$1,429
40 years$17,363$10,938$6,657$3,943$2,288$1,273
41 years$16,751$10,412$6,242$3,638$2,076$1,134
42 years$16,169$9,916$5,856$3,357$1,884$1,011
43 years$15,616$9,448$5,495$3,099$1,710$901
44 years$15,089$9,006$5,158$2,861$1,552$803
45 years$14,588$8,588$4,843$2,643$1,409$716
46 years$14,109$8,193$4,549$2,441$1,279$638
47 years$13,653$7,818$4,273$2,255$1,161$569
48 years$13,216$7,464$4,016$2,084$1,055$507
49 years$12,799$7,127$3,775$1,926$958$452
50 years$12,400$6,808$3,549$1,780$870$403

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $12,700,000, adding $3,665 every year, while hoping to spend $20,538 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: 32/45/23 Blend
54$12,700,000$12,700,000$12,700,000$12,700,000
55$13,999,180$13,326,080$13,129,230$14,347,895
56$15,405,245$13,957,206$13,547,207$15,242,607
57$16,954,039$14,618,569$13,978,498$16,203,533
58$18,660,100$15,311,628$14,423,527$17,238,147
59$20,539,447$16,037,915$14,882,732$18,352,925
60$22,609,733$16,799,034$15,356,565$19,554,956
61$24,890,407$17,596,669$15,845,493$20,852,006
62$27,402,907$18,432,584$16,349,995$22,252,580
63$30,170,853$19,308,630$16,870,569$23,766,001
64$33,220,274$20,226,747$17,407,727$25,402,485
65$36,579,854$21,188,969$17,961,998$27,173,232
66$40,281,201$22,197,430$18,533,927$29,090,526
67$44,359,147$23,254,368$19,124,077$31,167,840
68$48,852,075$24,362,127$19,733,028$33,419,955
69$53,802,283$25,523,167$20,361,381$35,863,091
70$59,256,382$26,740,069$21,009,753$38,515,048
71$65,265,736$28,015,536$21,678,784$41,395,369
72$71,886,949$29,352,404$22,369,130$44,525,510
73$79,182,395$30,753,649$23,081,473$47,929,031
74$87,220,810$32,222,388$23,816,513$51,631,812
75$96,077,940$33,761,893$24,574,974$55,662,278
76$105,837,256$35,375,593$25,357,602$60,051,663
77$116,590,743$37,067,084$26,165,169$64,834,283
78$128,439,766$38,840,137$26,998,468$70,047,854
79$141,496,027$40,698,709$27,858,322$75,733,829
80$155,882,621$42,646,945$28,745,575$81,937,775
81$171,735,200$44,689,197$29,661,103$88,709,789
82$189,203,246$46,830,024$30,605,806$96,104,952
83$208,451,492$49,074,209$31,580,616$104,183,835
84$229,661,468$51,426,770$32,586,491$113,013,048
85$253,033,222$53,892,965$33,624,422$122,665,855
86$278,787,203$56,478,313$34,695,432$133,222,841
87$307,166,344$59,188,596$35,800,575$144,772,658
88$338,438,357$62,029,884$36,940,941$157,412,834
89$372,898,259$65,008,537$38,117,651$171,250,673
90$410,871,155$68,131,229$39,331,866$186,404,246
91$452,715,310$71,404,957$40,584,782$203,003,480
92$498,825,531$74,837,060$41,877,631$221,191,356
93$549,636,893$78,435,233$43,211,689$241,125,235
94$605,628,845$82,207,548$44,588,269$262,978,314
95$667,329,738$86,162,470$46,008,728$286,941,228
96$735,321,816$90,308,875$47,474,465$313,223,822
97$810,246,706$94,656,074$48,986,924$342,057,098
98$892,811,480$99,213,832$50,547,596$373,695,362
99$983,795,328$103,992,387$52,158,018$408,418,586
100$1,084,056,917$109,002,479$53,819,776$446,535,018