Can I retire at age 55 with 13,900,000?

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,099,578
2 years$568,242$557,659$547,403$537,458$527,812$518,914
3 years$375,065$364,436$354,206$344,355$334,866$326,172
4 years$278,495$267,899$257,771$248,088$238,829$230,407
5 years$220,569$210,036$200,041$190,555$181,554$173,429
6 years$181,964$171,510$161,663$152,389$143,658$135,839
7 years$154,399$144,034$134,343$125,287$116,832$109,324
8 years$133,736$123,464$113,933$105,100$96,923$89,726
9 years$117,672$107,498$98,131$89,522$81,624$74,734
10 years$104,829$94,754$85,552$77,169$69,547$62,962
11 years$94,328$84,354$75,319$67,160$59,813$53,527
12 years$85,583$75,711$66,844$58,908$51,833$45,841
13 years$78,190$68,421$59,720$52,007$45,199$39,494
14 years$71,858$62,193$53,659$46,166$39,621$34,197
15 years$66,375$56,814$48,447$41,172$34,886$29,734
16 years$61,582$52,126$43,924$36,865$30,832$25,945
17 years$57,358$48,006$39,969$33,123$27,338$22,707
18 years$53,607$44,360$36,487$29,851$24,308$19,924
19 years$50,255$41,112$33,402$26,973$21,666$17,522
20 years$47,242$38,203$30,655$24,429$19,352$15,439
21 years$44,519$35,585$28,196$22,171$17,318$13,626
22 years$42,047$33,217$25,987$20,158$15,523$12,043
23 years$39,794$31,067$23,995$18,359$13,935$10,658
24 years$37,731$29,108$22,191$16,744$12,525$9,443
25 years$35,836$27,317$20,553$15,292$11,270$8,375
26 years$34,090$25,673$19,062$13,982$10,152$7,433
27 years$32,476$24,161$17,701$12,798$9,153$6,603
28 years$30,980$22,767$16,455$11,726$8,259$5,869
29 years$29,590$21,478$15,313$10,753$7,457$5,220
30 years$28,294$20,284$14,264$9,868$6,738$4,645
31 years$27,085$19,175$13,297$9,063$6,092$4,136
32 years$25,954$18,144$12,407$8,329$5,511$3,684
33 years$24,893$17,182$11,584$7,660$4,987$3,282
34 years$23,897$16,285$10,824$7,047$4,515$2,925
35 years$22,960$15,446$10,119$6,488$4,090$2,608
36 years$22,076$14,660$9,466$5,975$3,705$2,326
37 years$21,243$13,924$8,860$5,505$3,358$2,074
38 years$20,455$13,233$8,297$5,074$3,045$1,851
39 years$19,710$12,583$7,774$4,679$2,761$1,651
40 years$19,003$11,972$7,286$4,315$2,504$1,474
41 years$18,333$11,396$6,832$3,981$2,272$1,315
42 years$17,697$10,853$6,409$3,674$2,062$1,174
43 years$17,091$10,341$6,014$3,392$1,871$1,048
44 years$16,515$9,857$5,645$3,132$1,698$936
45 years$15,966$9,400$5,301$2,892$1,542$836
46 years$15,442$8,967$4,978$2,672$1,400$747
47 years$14,943$8,557$4,677$2,468$1,271$667
48 years$14,465$8,169$4,395$2,281$1,154$596
49 years$14,008$7,801$4,131$2,108$1,048$532
50 years$13,571$7,452$3,884$1,948$952$475

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $13,900,000, adding $2,854 every year, while hoping to spend $28,065 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: 57/14/29 Blend
54$13,900,000$13,900,000$13,900,000$13,900,000
55$15,320,744$14,584,044$14,368,594$16,071,648
56$16,853,599$15,268,801$14,820,081$17,272,827
57$18,541,864$15,986,171$15,285,752$18,578,286
58$20,401,363$16,737,721$15,766,053$20,000,710
59$22,449,529$17,525,097$16,261,443$21,551,430
60$24,705,576$18,350,022$16,772,396$23,242,909
61$27,190,675$19,214,303$17,299,402$25,088,859
62$29,928,156$20,119,836$17,842,964$27,104,362
63$32,943,726$21,068,607$18,403,602$29,306,015
64$36,265,717$22,062,698$18,981,852$31,712,080
65$39,925,344$23,104,295$19,578,269$34,342,653
66$43,957,010$24,195,687$20,193,422$37,219,849
67$48,398,624$25,339,274$20,827,900$40,368,010
68$53,291,959$26,537,574$21,482,310$43,813,927
69$58,683,050$27,793,225$22,157,279$47,587,092
70$64,622,624$29,108,997$22,853,450$51,719,968
71$71,166,582$30,487,788$23,571,492$56,248,296
72$78,376,527$31,932,643$24,312,090$61,211,422
73$86,320,341$33,446,751$25,075,953$66,652,668
74$95,072,830$35,033,456$25,863,812$72,619,732
75$104,716,429$36,696,266$26,676,420$79,165,137
76$115,341,980$38,438,858$27,514,556$86,346,716
77$127,049,588$40,265,088$28,379,019$94,228,156
78$139,949,568$42,178,999$29,270,638$102,879,593
79$154,163,485$44,184,831$30,190,266$112,378,264
80$169,825,301$46,287,029$31,138,781$122,809,234
81$187,082,643$48,490,255$32,117,091$134,266,189
82$206,098,192$50,799,397$33,126,133$146,852,313
83$227,051,220$53,219,579$34,166,870$160,681,258
84$250,139,283$55,756,177$35,240,299$175,878,205
85$275,580,087$58,414,828$36,347,447$192,581,037
86$303,613,541$61,201,439$37,489,372$210,941,637
87$334,504,023$64,122,210$38,667,166$231,127,310
88$368,542,873$67,183,639$39,881,956$253,322,349
89$406,051,149$70,392,539$41,134,904$277,729,773
90$447,382,651$73,756,059$42,427,208$304,573,228
91$492,927,266$77,281,690$43,760,104$334,099,088
92$543,114,647$80,977,293$45,134,868$366,578,771
93$598,418,268$84,851,107$46,552,813$402,311,289
94$659,359,895$88,911,775$48,015,296$441,626,062
95$726,514,511$93,168,359$49,523,715$484,886,009
96$800,515,746$97,630,363$51,079,514$532,490,966
97$882,061,854$102,307,753$52,684,179$584,881,445
98$971,922,310$107,210,980$54,339,246$642,542,779
99$1,070,945,072$112,351,004$56,046,298$706,009,689
100$1,180,064,587$117,739,321$57,806,966$775,871,314