Can I retire at age 55 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,042,049
2 years$551,890$541,611$531,650$521,992$512,623$478,224
3 years$364,272$353,949$344,013$334,445$325,229$291,969
4 years$270,481$260,190$250,353$240,949$231,956$200,090
5 years$214,222$203,992$194,284$185,072$176,329$145,943
6 years$176,727$166,575$157,011$148,003$139,524$110,642
7 years$149,956$139,889$130,477$121,682$113,470$86,091
8 years$129,887$119,911$110,654$102,076$94,134$68,239
9 years$114,286$104,404$95,307$86,946$79,275$54,833
10 years$101,812$92,027$83,091$74,948$67,546$44,521
11 years$91,613$81,926$73,152$65,227$58,092$36,441
12 years$83,120$73,533$64,920$57,213$50,341$30,018
13 years$75,940$66,452$58,002$50,511$43,898$24,853
14 years$69,790$60,403$52,115$44,838$38,481$20,662
15 years$64,465$55,179$47,053$39,987$33,882$17,235
16 years$59,810$50,626$42,660$35,804$29,945$14,416
17 years$55,707$46,625$38,819$32,170$26,551$12,086
18 years$52,064$43,083$35,437$28,992$23,608$10,151
19 years$48,809$39,929$32,441$26,196$21,042$8,539
20 years$45,882$37,104$29,772$23,726$18,795$7,193
21 years$43,238$34,561$27,385$21,533$16,820$6,065
22 years$40,837$32,261$25,239$19,578$15,077$5,119
23 years$38,649$30,173$23,304$17,830$13,534$4,324
24 years$36,645$28,271$21,552$16,262$12,164$3,655
25 years$34,805$26,531$19,962$14,852$10,946$3,091
26 years$33,109$24,934$18,514$13,580$9,860$2,615
27 years$31,542$23,466$17,192$12,430$8,889$2,213
28 years$30,089$22,112$15,982$11,388$8,021$1,874
29 years$28,738$20,860$14,872$10,443$7,243$1,587
30 years$27,480$19,700$13,853$9,584$6,544$1,344
31 years$26,306$18,623$12,915$8,802$5,917$1,139
32 years$25,207$17,621$12,050$8,090$5,352$965
33 years$24,177$16,688$11,251$7,439$4,844$818
34 years$23,209$15,816$10,512$6,845$4,385$693
35 years$22,299$15,001$9,828$6,301$3,972$588
36 years$21,441$14,239$9,194$5,803$3,599$498
37 years$20,632$13,523$8,605$5,347$3,262$422
38 years$19,867$12,852$8,059$4,928$2,957$358
39 years$19,143$12,221$7,550$4,544$2,682$304
40 years$18,457$11,627$7,077$4,191$2,432$258
41 years$17,806$11,068$6,636$3,867$2,207$218
42 years$17,187$10,541$6,224$3,569$2,002$185
43 years$16,600$10,043$5,841$3,294$1,817$157
44 years$16,040$9,573$5,483$3,042$1,649$133
45 years$15,507$9,129$5,148$2,809$1,497$113
46 years$14,998$8,709$4,835$2,595$1,360$96
47 years$14,513$8,311$4,543$2,397$1,235$81
48 years$14,049$7,934$4,269$2,215$1,121$69
49 years$13,605$7,576$4,012$2,047$1,018$58
50 years$13,181$7,237$3,772$1,892$925$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $13,500,000, adding $2,052 every year, while hoping to spend $58,612 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: 55/24/21 Blend
54$13,500,000$13,500,000$13,500,000$13,500,000
55$14,879,117$14,163,617$13,954,367$15,612,492
56$16,334,424$14,795,271$14,359,475$16,746,331
57$17,936,208$15,455,912$14,776,190$17,974,084
58$19,699,348$16,146,899$15,204,839$19,309,870
59$21,640,238$16,869,653$15,645,758$20,764,055
60$23,776,942$17,625,666$16,099,291$22,348,040
61$26,129,367$18,416,501$16,565,794$24,074,359
62$28,719,445$19,243,792$17,045,631$25,956,797
63$31,571,345$20,109,254$17,539,176$28,010,516
64$34,711,698$21,014,683$18,046,814$30,252,193
65$38,169,849$21,961,961$18,568,940$32,700,173
66$41,978,135$22,953,058$19,105,961$35,374,641
67$46,172,187$23,990,040$19,658,293$38,297,802
68$50,791,269$25,075,072$20,226,365$41,494,094
69$55,878,648$26,210,419$20,810,618$44,990,406
70$61,481,999$27,398,459$21,411,503$48,816,331
71$67,653,860$28,641,680$22,029,485$53,004,440
72$74,452,122$29,942,691$22,665,041$57,590,582
73$81,940,581$31,304,225$23,318,662$62,614,217
74$90,189,534$32,729,146$23,990,851$68,118,783
75$99,276,447$34,220,455$24,682,126$74,152,101
76$109,286,684$35,781,297$25,393,016$80,766,817
77$120,314,313$37,414,968$26,124,069$88,020,893
78$132,462,992$39,124,920$26,875,845$95,978,149
79$145,846,950$40,914,774$27,648,918$104,708,854
80$160,592,062$42,788,321$28,443,880$114,290,386
81$176,837,041$44,749,537$29,261,339$124,807,950
82$194,734,742$46,802,588$30,101,917$136,355,377
83$214,453,609$48,951,838$30,966,254$149,035,999
84$236,179,262$51,201,862$31,855,008$162,963,614
85$260,116,250$53,557,457$32,768,854$178,263,554
86$286,489,982$56,023,647$33,708,485$195,073,855
87$315,548,854$58,605,699$34,674,613$213,546,551
88$347,566,592$61,309,134$35,667,968$233,849,097
89$382,844,841$64,139,737$36,689,301$256,165,938
90$421,716,004$67,103,574$37,739,382$280,700,240
91$464,546,387$70,206,999$38,819,002$307,675,791
92$511,739,652$73,456,677$39,928,973$337,339,106
93$563,740,631$76,859,588$41,070,128$369,961,736
94$621,039,521$80,423,054$42,243,323$405,842,819
95$684,176,514$84,154,745$43,449,436$445,311,888
96$753,746,896$88,062,705$44,689,369$488,731,967
97$830,406,665$92,155,363$45,964,049$536,502,979
98$914,878,724$96,441,555$47,274,423$589,065,508
99$1,007,959,706$100,930,544$48,621,469$646,904,936
100$1,110,527,495$105,632,038$50,006,186$710,556,011