Can I retire at age 55 with 14,100,000?

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,090,547
2 years$576,418$565,683$555,279$545,191$535,407$501,631
3 years$380,462$369,680$359,302$349,309$339,684$306,999
4 years$282,503$271,754$261,480$251,658$242,265$210,922
5 years$223,742$213,058$202,919$193,297$184,166$154,250
6 years$184,582$173,978$163,989$154,581$145,725$117,261
7 years$156,621$146,107$136,275$127,090$118,513$91,501
8 years$135,660$125,240$115,572$106,613$98,318$72,741
9 years$119,365$109,044$99,543$90,810$82,798$58,629
10 years$106,337$96,117$86,783$78,279$70,548$47,753
11 years$95,685$85,567$76,403$68,126$60,674$39,213
12 years$86,815$76,801$67,805$59,756$52,579$32,408
13 years$79,315$69,405$60,580$52,756$45,849$26,923
14 years$72,892$63,088$54,431$46,831$40,191$22,461
15 years$67,330$57,632$49,144$41,765$35,388$18,802
16 years$62,468$52,876$44,556$37,396$31,276$15,784
17 years$58,183$48,697$40,544$33,600$27,731$13,281
18 years$54,378$44,998$37,012$30,280$24,657$11,196
19 years$50,978$41,704$33,883$27,361$21,978$9,454
20 years$47,921$38,753$31,096$24,780$19,631$7,994
21 years$45,160$36,097$28,602$22,490$17,567$6,767
22 years$42,652$33,695$26,361$20,448$15,747$5,734
23 years$40,366$31,514$24,340$18,623$14,135$4,862
24 years$38,274$29,527$22,510$16,985$12,705$4,126
25 years$36,352$27,710$20,849$15,512$11,433$3,503
26 years$34,581$26,043$19,336$14,183$10,298$2,976
27 years$32,943$24,509$17,956$12,982$9,285$2,529
28 years$31,426$23,095$16,692$11,894$8,378$2,150
29 years$30,015$21,787$15,533$10,907$7,565$1,828
30 years$28,702$20,576$14,469$10,010$6,835$1,555
31 years$27,475$19,451$13,489$9,194$6,180$1,323
32 years$26,327$18,405$12,585$8,449$5,590$1,126
33 years$25,251$17,429$11,751$7,770$5,059$958
34 years$24,241$16,519$10,979$7,149$4,580$815
35 years$23,290$15,668$10,265$6,581$4,149$694
36 years$22,394$14,871$9,603$6,061$3,759$591
37 years$21,549$14,124$8,988$5,584$3,407$503
38 years$20,750$13,423$8,417$5,147$3,089$428
39 years$19,993$12,764$7,886$4,746$2,801$365
40 years$19,277$12,144$7,391$4,377$2,540$311
41 years$18,597$11,560$6,931$4,039$2,305$264
42 years$17,951$11,009$6,501$3,727$2,091$225
43 years$17,337$10,490$6,100$3,441$1,898$192
44 years$16,753$9,999$5,726$3,177$1,723$163
45 years$16,196$9,535$5,377$2,934$1,564$139
46 years$15,665$9,096$5,050$2,710$1,420$119
47 years$15,158$8,680$4,744$2,504$1,289$101
48 years$14,673$8,286$4,458$2,314$1,171$86
49 years$14,210$7,913$4,191$2,138$1,064$73
50 years$13,767$7,559$3,940$1,976$966$62

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $14,100,000, adding $2,971 every year, while hoping to spend $27,487 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: 68/21/11 Blend
54$14,100,000$14,100,000$14,100,000$14,100,000
55$15,541,265$14,793,965$14,575,415$16,561,715
56$17,097,228$15,489,623$15,034,445$17,935,816
57$18,810,978$16,218,447$15,507,932$19,434,489
58$20,698,580$16,982,034$15,996,330$21,072,796
59$22,777,737$17,782,056$16,500,109$22,864,424
60$25,067,958$18,620,268$17,019,754$24,824,434
61$27,590,738$19,498,509$17,555,764$26,969,395
62$30,369,766$20,418,709$18,108,655$29,317,543
63$33,431,145$21,382,888$18,678,958$31,888,944
64$36,803,640$22,393,168$19,267,221$34,705,684
65$40,518,949$23,451,771$19,874,011$37,792,069
66$44,612,001$24,561,027$20,499,910$41,174,853
67$49,121,289$25,723,381$21,145,520$44,883,489
68$54,089,228$26,941,394$21,811,463$48,950,396
69$59,562,560$28,217,754$22,498,378$53,411,265
70$65,592,793$29,555,276$23,206,926$58,305,389
71$72,236,689$30,956,915$23,937,788$63,676,032
72$79,556,794$32,425,767$24,691,667$69,570,827
73$87,622,037$33,965,080$25,469,288$76,042,223
74$96,508,374$35,578,258$26,271,399$83,147,973
75$106,299,508$37,268,872$27,098,770$90,951,676
76$117,087,676$39,040,665$27,952,197$99,523,367
77$128,974,525$40,897,563$28,832,502$108,940,172
78$142,072,065$42,843,682$29,740,529$119,287,031
79$156,503,731$44,883,339$30,677,153$130,657,493
80$172,405,548$47,021,058$31,643,273$143,154,586
81$189,927,411$49,261,587$32,639,819$156,891,789
82$209,234,503$51,609,901$33,667,750$171,994,089
83$230,508,855$54,071,219$34,728,052$188,599,154
84$253,951,063$56,651,013$35,821,747$206,858,623
85$279,782,180$59,355,022$36,949,884$226,939,531
86$308,245,807$62,189,263$38,113,550$249,025,869
87$339,610,388$65,160,045$39,313,863$273,320,318
88$374,171,747$68,273,987$40,551,976$300,046,144
89$412,255,879$71,538,026$41,829,081$329,449,299
90$454,222,029$74,959,440$43,146,406$361,800,730
91$500,466,082$78,545,858$44,505,216$397,398,922
92$551,424,300$82,305,283$45,906,819$436,572,705
93$607,577,443$86,246,106$47,352,562$479,684,342
94$669,455,305$90,377,128$48,843,835$527,132,936
95$737,641,714$94,707,575$50,382,072$579,358,182
96$812,780,049$99,247,127$51,968,751$636,844,502
97$895,579,310$104,005,931$53,605,400$700,125,600
98$986,820,809$108,994,632$55,293,590$769,789,487
99$1,087,365,552$114,224,389$57,034,946$846,484,007
100$1,198,162,363$119,706,909$58,831,141$930,922,941