Can I retire at age 55 with 13,600,000?

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 $13,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,076,746
2 years$555,978$545,623$535,588$525,858$516,421$508,619
3 years$366,970$356,571$346,561$336,922$327,638$320,014
4 years$272,485$262,117$252,208$242,734$233,674$226,285
5 years$215,808$205,503$195,723$186,443$177,636$170,504
6 years$178,036$167,809$158,174$149,100$140,557$133,692
7 years$151,067$140,926$131,443$122,583$114,310$107,715
8 years$130,849$120,799$111,474$102,832$94,832$88,506
9 years$115,133$105,177$96,013$87,590$79,862$73,804
10 years$102,567$92,709$83,706$75,503$68,046$62,253
11 years$92,292$82,533$73,693$65,711$58,522$52,990
12 years$83,736$74,077$65,401$57,637$50,714$45,438
13 years$76,502$66,944$58,431$50,885$44,224$39,197
14 years$70,307$60,850$52,501$45,170$38,766$33,984
15 years$64,942$55,588$47,401$40,284$34,133$29,588
16 years$60,253$51,001$42,976$36,070$30,167$25,853
17 years$56,120$46,970$39,107$32,408$26,748$22,658
18 years$52,450$43,402$35,699$29,206$23,783$19,910
19 years$49,170$40,225$32,681$26,390$21,198$17,534
20 years$46,222$37,379$29,993$23,902$18,935$15,472
21 years$43,558$34,817$27,588$21,692$16,944$13,675
22 years$41,140$32,500$25,426$19,723$15,188$12,105
23 years$38,935$30,397$23,477$17,962$13,634$10,729
24 years$36,917$28,480$21,712$16,383$12,254$9,521
25 years$35,063$26,727$20,110$14,962$11,027$8,456
26 years$33,354$25,119$18,651$13,680$9,933$7,518
27 years$31,775$23,640$17,319$12,522$8,955$6,689
28 years$30,311$22,276$16,100$11,473$8,080$5,955
29 years$28,951$21,015$14,983$10,521$7,296$5,305
30 years$27,684$19,846$13,956$9,655$6,593$4,728
31 years$26,500$18,761$13,010$8,868$5,961$4,216
32 years$25,393$17,752$12,139$8,150$5,392$3,762
33 years$24,356$16,811$11,334$7,494$4,880$3,357
34 years$23,381$15,933$10,590$6,895$4,418$2,997
35 years$22,464$15,113$9,901$6,348$4,001$2,677
36 years$21,600$14,344$9,262$5,846$3,625$2,391
37 years$20,785$13,624$8,669$5,386$3,286$2,136
38 years$20,014$12,947$8,118$4,965$2,979$1,909
39 years$19,284$12,311$7,606$4,578$2,701$1,706
40 years$18,593$11,713$7,129$4,222$2,450$1,525
41 years$17,938$11,150$6,685$3,896$2,223$1,364
42 years$17,315$10,619$6,271$3,595$2,017$1,220
43 years$16,723$10,118$5,884$3,319$1,831$1,091
44 years$16,159$9,644$5,523$3,064$1,662$976
45 years$15,622$9,197$5,186$2,830$1,509$873
46 years$15,109$8,773$4,871$2,614$1,370$781
47 years$14,620$8,372$4,576$2,415$1,244$699
48 years$14,153$7,993$4,300$2,232$1,129$625
49 years$13,706$7,632$4,042$2,062$1,026$559
50 years$13,278$7,291$3,800$1,906$932$500

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $13,600,000, adding $5,279 every year, while hoping to spend $39,334 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: 52/22/26 Blend
54$13,600,000$13,600,000$13,600,000$13,600,000
55$14,992,645$14,271,845$14,061,045$15,662,990
56$16,480,044$14,929,315$14,490,239$16,785,819
57$18,117,839$15,617,682$14,932,493$18,002,136
58$19,921,330$16,338,419$15,388,202$19,324,492
59$21,907,373$17,093,069$15,857,775$20,763,014
60$24,094,547$17,883,251$16,341,632$22,328,832
61$26,503,319$18,710,659$16,840,205$24,034,184
62$29,156,247$19,577,071$17,353,942$25,892,526
63$32,078,186$20,484,349$17,883,300$27,918,655
64$35,296,524$21,434,446$18,428,754$30,128,842
65$38,841,444$22,429,407$18,990,791$32,540,988
66$42,746,202$23,471,379$19,569,914$35,174,779
67$47,047,448$24,562,611$20,166,640$38,051,876
68$51,785,567$25,705,458$20,781,501$41,196,108
69$57,005,061$26,902,392$21,415,048$44,633,695
70$62,754,971$28,156,002$22,067,846$48,393,488
71$69,089,337$29,469,005$22,740,477$52,507,238
72$76,067,708$30,844,245$23,433,542$57,009,887
73$83,755,709$32,284,707$24,147,660$61,939,897
74$92,225,651$33,793,518$24,883,467$67,339,597
75$101,557,224$35,373,957$25,641,619$73,255,585
76$111,838,241$37,029,461$26,422,794$79,739,158
77$123,165,470$38,763,633$27,227,686$86,846,786
78$135,645,548$40,580,252$28,057,013$94,640,641
79$149,395,986$42,483,276$28,911,515$103,189,174
80$164,546,278$44,476,858$29,791,953$112,567,754
81$181,239,125$46,565,350$30,699,110$122,859,369
82$199,631,780$48,753,317$31,633,794$134,155,401
83$219,897,533$51,045,540$32,596,837$146,556,481
84$242,227,347$53,447,037$33,589,097$160,173,426
85$266,831,660$55,963,066$34,611,455$175,128,277
86$293,942,373$58,599,140$35,664,822$191,555,438
87$323,815,035$61,361,038$36,750,135$209,602,936
88$356,731,262$64,254,822$37,868,357$229,433,805
89$393,001,387$67,286,844$39,020,483$251,227,614
90$432,967,395$70,463,767$40,207,537$275,182,145
91$477,006,153$73,792,575$41,430,573$301,515,253
92$525,532,961$77,280,591$42,690,677$330,466,905
93$579,005,476$80,935,494$43,988,968$362,301,430
94$637,928,035$84,765,333$45,326,599$397,310,000
95$702,856,412$88,778,551$46,704,756$435,813,362
96$774,403,063$92,983,998$48,124,663$478,164,852
97$853,242,915$97,390,953$49,587,579$524,753,708
98$940,119,730$102,009,148$51,094,801$576,008,732
99$1,035,853,130$106,848,784$52,647,664$632,402,313
100$1,141,346,335$111,920,560$54,247,546$694,454,870