Can I retire at age 55 with 13,000,000?

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 $13,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,028,812
2 years$531,449$521,552$511,959$502,659$493,637$485,747
3 years$350,780$340,840$331,272$322,058$313,184$305,474
4 years$260,463$250,553$241,081$232,025$223,365$215,895
5 years$206,287$196,437$187,089$178,217$169,799$162,590
6 years$170,182$160,405$151,195$142,522$134,356$127,418
7 years$144,402$134,708$125,644$117,175$109,267$102,603
8 years$125,077$115,470$106,556$98,295$90,648$84,258
9 years$110,053$100,537$91,777$83,726$76,339$70,221
10 years$98,042$88,619$80,013$72,172$65,044$59,195
11 years$88,220$78,892$70,442$62,812$55,940$50,356
12 years$80,042$70,809$62,516$55,094$48,477$43,152
13 years$73,127$63,991$55,854$48,640$42,273$37,202
14 years$67,205$58,166$50,185$43,177$37,056$32,233
15 years$62,077$53,136$45,310$38,506$32,627$28,045
16 years$57,595$48,751$41,080$34,478$28,836$24,488
17 years$53,644$44,898$37,381$30,978$25,568$21,447
18 years$50,136$41,488$34,124$27,918$22,734$18,832
19 years$47,001$38,450$31,239$25,226$20,263$16,573
20 years$44,183$35,730$28,670$22,847$18,099$14,613
21 years$41,637$33,281$26,371$20,735$16,197$12,907
22 years$39,325$31,067$24,305$18,853$14,518$11,416
23 years$37,217$29,056$22,441$17,170$13,032$10,111
24 years$35,288$27,224$20,754$15,660$11,714$8,965
25 years$33,516$25,548$19,223$14,302$10,541$7,957
26 years$31,883$24,011$17,828$13,077$9,495$7,068
27 years$30,373$22,597$16,555$11,969$8,560$6,284
28 years$28,974$21,293$15,390$10,966$7,724$5,590
29 years$27,674$20,088$14,322$10,056$6,975$4,976
30 years$26,462$18,971$13,340$9,229$6,302$4,431
31 years$25,331$17,934$12,436$8,476$5,698$3,948
32 years$24,273$16,969$11,603$7,790$5,154$3,520
33 years$23,281$16,070$10,834$7,164$4,664$3,139
34 years$22,349$15,230$10,123$6,591$4,223$2,800
35 years$21,473$14,446$9,464$6,067$3,825$2,498
36 years$20,647$13,711$8,853$5,588$3,466$2,230
37 years$19,868$13,022$8,287$5,149$3,141$1,990
38 years$19,131$12,376$7,760$4,746$2,848$1,777
39 years$18,434$11,768$7,270$4,376$2,582$1,587
40 years$17,773$11,197$6,815$4,036$2,342$1,418
41 years$17,146$10,658$6,390$3,724$2,125$1,267
42 years$16,551$10,150$5,994$3,436$1,928$1,132
43 years$15,985$9,671$5,624$3,172$1,750$1,011
44 years$15,446$9,219$5,280$2,929$1,588$904
45 years$14,932$8,791$4,957$2,705$1,442$808
46 years$14,443$8,386$4,656$2,499$1,309$722
47 years$13,975$8,003$4,374$2,309$1,189$645
48 years$13,528$7,640$4,111$2,133$1,080$577
49 years$13,101$7,296$3,864$1,971$981$516
50 years$12,693$6,969$3,632$1,822$891$461

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $13,000,000, adding $4,001 every year, while hoping to spend $33,362 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: 70/21/9 Blend
54$13,000,000$13,000,000$13,000,000$13,000,000
55$14,330,127$13,641,127$13,439,627$15,309,001
56$15,756,303$14,274,045$13,854,358$16,590,511
57$17,326,831$14,936,859$14,281,864$17,987,887
58$19,056,399$15,630,996$14,722,538$19,516,075
59$20,961,194$16,357,957$15,176,784$21,187,928
60$23,059,050$17,119,311$15,645,021$23,017,590
61$25,369,622$17,916,706$16,127,678$25,020,625
62$27,914,567$18,751,868$16,625,199$27,214,160
63$30,717,749$19,626,606$17,138,039$29,617,047
64$33,805,466$20,542,817$17,666,671$32,250,033
65$37,206,698$21,502,489$18,211,578$35,135,955
66$40,953,377$22,507,707$18,773,262$38,299,953
67$45,080,692$23,560,655$19,352,237$41,769,700
68$49,627,421$24,663,626$19,949,035$45,575,665
69$54,636,294$25,819,019$20,564,204$49,751,389
70$60,154,399$27,029,354$21,198,307$54,333,802
71$66,233,624$28,297,269$21,851,927$59,363,568
72$72,931,150$29,625,531$22,525,663$64,885,460
73$80,309,987$31,017,041$23,220,132$70,948,783
74$88,439,570$32,474,841$23,935,971$77,607,826
75$97,396,417$34,002,120$24,673,837$84,922,381
76$107,264,847$35,602,219$25,434,406$92,958,288
77$118,137,778$37,278,643$26,218,375$101,788,063
78$130,117,603$39,035,068$27,026,462$111,491,569
79$143,317,157$40,875,346$27,859,408$122,156,764
80$157,860,785$42,803,515$28,717,975$133,880,528
81$173,885,508$44,823,811$29,602,951$146,769,566
82$191,542,326$46,940,674$30,515,145$160,941,412
83$210,997,635$49,158,758$31,455,394$176,525,528
84$232,434,801$51,482,945$32,424,558$193,664,519
85$256,055,894$53,918,353$33,423,524$212,515,471
86$282,083,590$56,470,347$34,453,207$233,251,423
87$310,763,276$59,144,554$35,514,549$256,062,995
88$342,365,366$61,946,872$36,608,522$281,160,173
89$377,187,852$64,883,487$37,736,126$308,774,285
90$415,559,119$67,960,885$38,898,393$339,160,173
91$457,841,047$71,185,866$40,096,386$372,598,586
92$504,432,420$74,565,560$41,331,202$409,398,821
93$555,772,699$78,107,444$42,603,969$449,901,629
94$612,346,163$81,819,358$43,915,851$494,482,420
95$674,686,487$85,709,522$45,268,047$543,554,793
96$743,381,776$89,786,556$46,661,794$597,574,425
97$819,080,119$94,059,498$48,098,366$657,043,364
98$902,495,704$98,537,827$49,579,074$722,514,743
99$994,415,566$103,231,481$51,105,273$794,597,998
100$1,095,707,011$108,150,880$52,678,357$873,964,592