Can I retire at age 55 with 13,300,000?

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 $13,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,026,201
2 years$543,714$533,587$523,774$514,258$505,029$470,734
3 years$358,875$348,705$338,916$329,490$320,411$287,258
4 years$266,474$256,335$246,644$237,379$228,520$196,762
5 years$211,048$200,970$191,406$182,330$173,717$143,440
6 years$174,109$164,107$154,685$145,811$137,456$108,685
7 years$147,735$137,817$128,544$119,879$111,789$84,520
8 years$127,963$118,135$109,015$100,564$92,740$66,954
9 years$112,593$102,857$93,895$85,658$78,100$53,768
10 years$100,304$90,664$81,860$73,838$66,545$43,629
11 years$90,256$80,713$72,068$64,261$57,231$35,688
12 years$81,889$72,443$63,958$56,366$49,595$29,378
13 years$74,814$65,468$57,143$49,762$43,248$24,307
14 years$68,756$59,508$51,343$44,173$37,911$20,194
15 years$63,510$54,362$46,356$39,395$33,380$16,833
16 years$58,924$49,876$42,028$35,274$29,501$14,069
17 years$54,882$45,934$38,244$31,693$26,158$11,786
18 years$51,293$42,445$34,912$28,562$23,258$9,892
19 years$48,086$39,338$31,960$25,808$20,731$8,315
20 years$45,202$36,554$29,331$23,374$18,517$6,999
21 years$42,597$34,049$26,979$21,214$16,571$5,897
22 years$40,232$31,783$24,866$19,288$14,853$4,973
23 years$38,076$29,726$22,959$17,566$13,333$4,197
24 years$36,102$27,852$21,233$16,021$11,984$3,545
25 years$34,289$26,137$19,666$14,632$10,784$2,995
26 years$32,619$24,565$18,239$13,378$9,714$2,532
27 years$31,074$23,119$16,937$12,246$8,758$2,141
28 years$29,643$21,784$15,745$11,220$7,902$1,812
29 years$28,312$20,551$14,652$10,289$7,136$1,533
30 years$27,073$19,408$13,648$9,442$6,447$1,297
31 years$25,916$18,347$12,723$8,672$5,829$1,098
32 years$24,833$17,360$11,871$7,970$5,273$930
33 years$23,818$16,441$11,084$7,329$4,772$787
34 years$22,865$15,582$10,356$6,743$4,320$667
35 years$21,968$14,779$9,683$6,208$3,913$565
36 years$21,123$14,028$9,058$5,717$3,546$478
37 years$20,326$13,323$8,478$5,267$3,213$405
38 years$19,572$12,662$7,939$4,855$2,913$343
39 years$18,859$12,040$7,438$4,477$2,642$291
40 years$18,183$11,455$6,972$4,129$2,396$246
41 years$17,542$10,904$6,537$3,810$2,174$209
42 years$16,933$10,385$6,132$3,516$1,973$177
43 years$16,354$9,895$5,754$3,245$1,790$150
44 years$15,802$9,432$5,401$2,997$1,625$127
45 years$15,277$8,994$5,072$2,768$1,475$108
46 years$14,776$8,580$4,764$2,556$1,339$91
47 years$14,298$8,188$4,475$2,362$1,216$77
48 years$13,841$7,816$4,205$2,182$1,105$66
49 years$13,404$7,464$3,953$2,017$1,003$56
50 years$12,985$7,130$3,716$1,864$911$47

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $13,300,000, adding $3,565 every year, while hoping to spend $26,283 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: 56/22/22 Blend
54$13,300,000$13,300,000$13,300,000$13,300,000
55$14,660,277$13,955,377$13,749,227$15,393,657
56$16,127,661$14,611,226$14,181,862$16,551,315
57$17,743,836$15,298,330$14,628,108$17,808,789
58$19,523,953$16,018,194$15,088,395$19,178,189
59$21,484,705$16,772,394$15,563,165$20,670,281
60$23,644,486$17,562,582$16,052,872$22,296,902
61$26,023,568$18,390,493$16,557,988$24,071,070
62$28,644,287$19,257,943$17,078,996$26,007,097
63$31,531,259$20,166,837$17,616,397$28,120,729
64$34,711,608$21,119,172$18,170,706$30,429,281
65$38,215,223$22,117,042$18,742,456$32,951,804
66$42,075,042$23,162,644$19,332,195$35,709,256
67$46,327,362$24,258,279$19,940,489$38,724,697
68$51,012,179$25,406,361$20,567,921$42,023,498
69$56,173,570$26,609,421$21,215,095$45,633,582
70$61,860,104$27,870,112$21,882,631$49,585,675
71$68,125,304$29,191,218$22,571,169$53,913,595
72$75,028,153$30,575,655$23,281,370$58,654,566
73$82,633,645$32,026,483$24,013,917$63,849,557
74$91,013,405$33,546,908$24,769,511$69,543,670
75$100,246,360$35,140,296$25,548,878$75,786,554
76$110,419,490$36,810,171$26,352,766$82,632,869
77$121,628,640$38,560,232$27,181,947$90,142,793
78$133,979,435$40,394,356$28,037,215$98,382,584
79$147,588,267$42,316,610$28,919,392$107,425,197
80$162,583,403$44,331,256$29,829,324$117,350,962
81$179,106,189$46,442,766$30,767,885$128,248,337
82$197,312,385$48,655,827$31,735,975$140,214,734
83$217,373,641$50,975,355$32,734,522$153,357,425
84$239,479,110$53,406,505$33,764,486$167,794,549
85$263,837,237$55,954,682$34,826,855$183,656,214
86$290,677,728$58,625,554$35,922,647$201,085,715
87$320,253,716$61,425,066$37,052,915$220,240,876
88$352,844,150$64,359,449$38,218,743$241,295,530
89$388,756,432$67,435,241$39,421,250$264,441,142
90$428,329,316$70,659,295$40,661,589$289,888,607
91$471,936,105$74,038,799$41,940,951$317,870,230
92$519,988,178$77,581,291$43,260,563$348,641,898
93$572,938,873$81,294,675$44,621,692$382,485,488
94$631,287,763$85,187,239$46,025,644$419,711,506
95$695,585,377$89,267,676$47,473,766$460,662,008
96$766,438,395$93,545,102$48,967,447$505,713,807
97$844,515,375$98,029,076$50,508,120$555,282,017
98$930,553,066$102,729,623$52,097,264$609,823,949
99$1,025,363,361$107,657,256$53,736,404$669,843,412
100$1,129,840,962$112,823,000$55,427,113$735,895,448