Can I retire at age 55 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,086,680
2 years$564,154$553,647$543,464$533,591$524,015$510,179
3 years$372,367$361,815$351,657$341,877$332,457$318,965
4 years$276,492$265,972$255,917$246,303$237,111$224,067
5 years$218,982$208,525$198,602$189,185$180,248$167,691
6 years$180,655$170,277$160,500$151,292$142,624$130,568
7 years$153,289$142,998$133,376$124,386$115,992$104,442
8 years$132,774$122,576$113,113$104,344$96,226$85,181
9 years$116,826$106,724$97,425$88,878$81,036$70,492
10 years$104,075$94,072$84,937$76,614$69,047$58,995
11 years$93,649$83,747$74,777$66,677$59,383$49,815
12 years$84,967$75,167$66,363$58,485$51,460$42,365
13 years$77,627$67,929$59,291$51,633$44,874$36,241
14 years$71,341$61,745$53,273$45,834$39,336$31,152
15 years$65,897$56,405$48,098$40,876$34,635$26,886
16 years$61,139$51,751$43,608$36,600$30,610$23,283
17 years$56,945$47,661$39,682$32,885$27,141$20,221
18 years$53,221$44,041$36,224$29,636$24,133$17,605
19 years$49,893$40,816$33,162$26,779$21,510$15,360
20 years$46,902$37,929$30,434$24,253$19,213$13,425
21 years$44,199$35,329$27,994$22,011$17,194$11,752
22 years$41,745$32,978$25,800$20,013$15,412$10,301
23 years$39,507$30,844$23,822$18,226$13,834$9,040
24 years$37,460$28,899$22,031$16,624$12,435$7,942
25 years$35,579$27,120$20,405$15,182$11,189$6,983
26 years$33,845$25,489$18,925$13,881$10,079$6,145
27 years$32,243$23,988$17,574$12,706$9,087$5,411
28 years$30,757$22,603$16,337$11,641$8,199$4,767
29 years$29,377$21,324$15,203$10,675$7,404$4,202
30 years$28,091$20,138$14,161$9,797$6,690$3,706
31 years$26,890$19,037$13,202$8,998$6,048$3,270
32 years$25,767$18,013$12,318$8,269$5,471$2,886
33 years$24,714$17,059$11,501$7,604$4,951$2,548
34 years$23,725$16,168$10,746$6,997$4,483$2,250
35 years$22,794$15,335$10,047$6,441$4,060$1,988
36 years$21,918$14,555$9,398$5,932$3,679$1,756
37 years$21,090$13,824$8,797$5,465$3,334$1,552
38 years$20,308$13,138$8,238$5,038$3,023$1,372
39 years$19,568$12,493$7,718$4,645$2,741$1,213
40 years$18,867$11,886$7,234$4,284$2,486$1,072
41 years$18,201$11,314$6,783$3,953$2,256$948
42 years$17,569$10,775$6,363$3,648$2,047$838
43 years$16,968$10,266$5,971$3,367$1,858$741
44 years$16,396$9,786$5,604$3,109$1,686$656
45 years$15,851$9,332$5,262$2,872$1,531$580
46 years$15,331$8,902$4,943$2,652$1,390$513
47 years$14,835$8,496$4,643$2,451$1,262$454
48 years$14,361$8,110$4,364$2,264$1,146$401
49 years$13,908$7,745$4,101$2,093$1,041$355
50 years$13,474$7,398$3,856$1,934$945$314

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $13,800,000, adding $4,636 every year, while hoping to spend $53,187 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: 32/42/26 Blend
54$13,800,000$13,800,000$13,800,000$13,800,000
55$15,212,382$14,480,982$14,267,082$15,577,937
56$16,707,454$15,133,960$14,688,439$16,509,872
57$18,353,242$15,817,150$15,122,128$17,507,889
58$20,165,060$16,531,979$15,568,508$18,581,809
59$22,159,788$17,279,937$16,027,944$19,738,338
60$24,356,021$18,062,589$16,500,815$20,984,825
61$26,774,252$18,881,573$16,987,509$22,329,322
62$29,437,061$19,738,605$17,488,426$23,780,657
63$32,369,330$20,635,485$18,003,977$25,348,506
64$35,598,475$21,574,097$18,534,583$27,043,481
65$39,154,708$22,556,417$19,080,681$28,877,225
66$43,071,320$23,584,513$19,642,716$30,862,508
67$47,384,997$24,660,556$20,221,148$33,013,347
68$52,136,160$25,786,817$20,816,450$35,345,125
69$57,369,356$26,965,679$21,429,109$37,874,730
70$63,133,670$28,199,637$22,059,624$40,620,705
71$69,483,193$29,491,307$22,708,510$43,603,418
72$76,477,528$30,843,431$23,376,294$46,845,235
73$84,182,357$32,258,881$24,063,522$50,370,731
74$92,670,059$33,740,667$24,770,751$54,206,906
75$102,020,391$35,291,946$25,498,557$58,383,431
76$112,321,244$36,916,024$26,247,532$62,932,916
77$123,669,469$38,616,367$27,018,282$67,891,205
78$136,171,794$40,396,608$27,811,433$73,297,703
79$149,945,829$42,260,554$28,627,628$79,195,734
80$165,121,178$44,212,195$29,467,528$85,632,938
81$181,840,660$46,255,715$30,331,812$92,661,704
82$200,261,658$48,395,496$31,221,179$100,339,651
83$220,557,606$50,636,134$32,136,347$108,730,157
84$242,919,622$52,982,445$33,078,055$117,902,937
85$267,558,315$55,439,477$34,047,062$127,934,690
86$294,705,774$58,012,521$35,044,149$138,909,800
87$324,617,753$60,707,125$36,070,118$150,921,117
88$357,576,092$63,529,102$37,125,795$164,070,812
89$393,891,372$66,484,547$38,212,028$178,471,322
90$433,905,850$69,579,848$39,329,689$194,246,389
91$477,996,688$72,821,702$40,479,675$211,532,208
92$526,579,513$76,217,128$41,662,907$230,478,686
93$580,112,342$79,773,486$42,880,333$251,250,834
94$639,099,904$83,498,490$44,132,928$274,030,303
95$704,098,404$87,400,226$45,421,691$299,017,063
96$775,720,777$91,487,172$46,747,652$326,431,272
97$854,642,467$95,768,215$48,111,870$356,515,320
98$941,607,813$100,252,672$49,515,432$389,536,086
99$1,037,437,066$104,950,309$50,959,455$425,787,428
100$1,143,034,138$109,871,366$52,445,088$465,592,922