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%15%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,054,343
2 years$551,890$541,611$531,650$521,992$512,623$490,392
3 years$364,272$353,949$344,013$334,445$325,229$303,626
4 years$270,481$260,190$250,353$240,949$231,956$211,148
5 years$214,222$203,992$194,284$185,072$176,329$156,375
6 years$176,727$166,575$157,011$148,003$139,524$120,445
7 years$149,956$139,889$130,477$121,682$113,470$95,271
8 years$129,887$119,911$110,654$102,076$94,134$76,809
9 years$114,286$104,404$95,307$86,946$79,275$62,811
10 years$101,812$92,027$83,091$74,948$67,546$51,929
11 years$91,613$81,926$73,152$65,227$58,092$43,301
12 years$83,120$73,533$64,920$57,213$50,341$36,355
13 years$75,940$66,452$58,002$50,511$43,898$30,692
14 years$69,790$60,403$52,115$44,838$38,481$26,030
15 years$64,465$55,179$47,053$39,987$33,882$22,159
16 years$59,810$50,626$42,660$35,804$29,945$18,923
17 years$55,707$46,625$38,819$32,170$26,551$16,202
18 years$52,064$43,083$35,437$28,992$23,608$13,903
19 years$48,809$39,929$32,441$26,196$21,042$11,952
20 years$45,882$37,104$29,772$23,726$18,795$10,292
21 years$43,238$34,561$27,385$21,533$16,820$8,874
22 years$40,837$32,261$25,239$19,578$15,077$7,661
23 years$38,649$30,173$23,304$17,830$13,534$6,620
24 years$36,645$28,271$21,552$16,262$12,164$5,725
25 years$34,805$26,531$19,962$14,852$10,946$4,955
26 years$33,109$24,934$18,514$13,580$9,860$4,291
27 years$31,542$23,466$17,192$12,430$8,889$3,718
28 years$30,089$22,112$15,982$11,388$8,021$3,223
29 years$28,738$20,860$14,872$10,443$7,243$2,795
30 years$27,480$19,700$13,853$9,584$6,544$2,425
31 years$26,306$18,623$12,915$8,802$5,917$2,105
32 years$25,207$17,621$12,050$8,090$5,352$1,827
33 years$24,177$16,688$11,251$7,439$4,844$1,586
34 years$23,209$15,816$10,512$6,845$4,385$1,378
35 years$22,299$15,001$9,828$6,301$3,972$1,197
36 years$21,441$14,239$9,194$5,803$3,599$1,039
37 years$20,632$13,523$8,605$5,347$3,262$903
38 years$19,867$12,852$8,059$4,928$2,957$785
39 years$19,143$12,221$7,550$4,544$2,682$682
40 years$18,457$11,627$7,077$4,191$2,432$593
41 years$17,806$11,068$6,636$3,867$2,207$515
42 years$17,187$10,541$6,224$3,569$2,002$448
43 years$16,600$10,043$5,841$3,294$1,817$389
44 years$16,040$9,573$5,483$3,042$1,649$338
45 years$15,507$9,129$5,148$2,809$1,497$294
46 years$14,998$8,709$4,835$2,595$1,360$256
47 years$14,513$8,311$4,543$2,397$1,235$222
48 years$14,049$7,934$4,269$2,215$1,121$193
49 years$13,605$7,576$4,012$2,047$1,018$168
50 years$13,181$7,237$3,772$1,892$925$146

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 $2,143 every year, while hoping to spend $34,057 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: 58/29/13 Blend
54$13,500,000$13,500,000$13,500,000$13,500,000
55$14,879,211$14,163,711$13,954,461$15,693,618
56$16,360,654$14,821,496$14,385,699$16,901,530
57$17,992,062$15,510,371$14,830,242$18,213,639
58$19,788,698$16,231,824$15,288,499$19,643,110
59$21,767,375$16,987,414$15,760,894$21,201,223
60$23,946,625$17,778,775$16,247,862$22,900,376
61$26,346,866$18,607,620$16,749,851$24,754,202
62$28,990,599$19,475,746$17,267,323$26,777,691
63$31,902,617$20,385,035$17,800,756$28,987,328
64$35,110,243$21,337,461$18,350,641$31,401,242
65$38,643,585$22,335,093$18,917,483$34,039,374
66$42,535,818$23,380,100$19,501,807$36,923,659
67$46,823,502$24,474,756$20,104,148$40,078,229
68$51,546,925$25,621,444$20,725,062$43,529,634
69$56,750,480$26,822,665$21,365,121$47,307,086
70$62,483,090$28,081,036$22,024,914$51,442,729
71$68,798,665$29,399,306$22,705,048$55,971,939
72$75,756,610$30,780,353$23,406,148$60,933,645
73$83,422,391$32,227,197$24,128,861$66,370,696
74$91,868,147$33,743,003$24,873,850$72,330,252
75$101,173,376$35,331,088$25,641,802$78,864,227
76$111,425,681$36,994,931$26,433,423$86,029,766
77$122,721,598$38,738,181$27,249,440$93,889,779
78$135,167,509$40,564,660$28,090,605$102,513,526
79$148,880,646$42,478,378$28,957,690$111,977,259
80$163,990,192$44,483,540$29,851,494$122,364,935
81$180,638,510$46,584,551$30,772,837$133,768,996
82$198,982,477$48,786,034$31,722,566$146,291,233
83$219,194,973$51,092,832$32,701,555$160,043,734
84$241,466,506$53,510,027$33,710,703$175,149,930
85$266,007,015$56,042,944$34,750,937$191,745,753
86$293,047,850$58,697,168$35,823,213$209,980,899
87$322,843,957$61,478,554$36,928,517$230,020,232
88$355,676,280$64,393,244$38,067,862$252,045,326
89$391,854,422$67,447,674$39,242,296$276,256,166
90$431,719,557$70,648,594$40,452,898$302,873,015
91$475,647,660$74,003,083$41,700,777$332,138,483
92$524,053,049$77,518,562$42,987,082$364,319,800
93$577,392,302$81,202,814$44,312,991$399,711,317
94$636,168,563$85,063,997$45,679,722$438,637,269
95$700,936,293$89,110,670$47,088,529$481,454,818
96$772,306,506$93,351,804$48,540,706$528,557,403
97$850,952,534$97,796,806$50,037,584$580,378,432
98$937,616,385$102,455,543$51,580,536$637,395,353
99$1,033,115,750$107,338,358$53,170,978$700,134,139
100$1,138,351,719$112,456,100$54,810,368$769,174,226