Can I retire at age 55 with 15,100,000?

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 $15,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,164,154
2 years$617,299$605,802$594,660$583,857$573,379$533,526
3 years$407,445$395,899$384,785$374,083$363,775$325,262
4 years$302,538$291,027$280,025$269,506$259,447$222,569
5 years$239,611$228,169$217,311$207,006$197,228$162,082
6 years$197,673$186,317$175,619$165,545$156,060$122,676
7 years$167,729$156,469$145,940$136,103$126,918$95,291
8 years$145,281$134,123$123,769$114,174$105,291$75,397
9 years$127,831$116,778$106,602$97,251$88,670$60,474
10 years$113,879$102,934$92,938$83,831$75,551$49,009
11 years$102,471$91,636$81,821$72,958$64,977$40,037
12 years$92,972$82,248$72,614$63,994$56,307$32,914
13 years$84,940$74,328$64,876$56,497$49,101$27,196
14 years$78,061$67,562$58,292$50,152$43,042$22,562
15 years$72,105$61,719$52,629$44,727$37,897$18,780
16 years$66,899$56,626$47,716$40,048$33,494$15,675
17 years$62,310$52,150$43,420$35,983$29,698$13,112
18 years$58,235$48,189$39,637$32,428$26,406$10,988
19 years$54,593$44,661$36,286$29,301$23,536$9,223
20 years$51,320$41,502$33,301$26,538$21,023$7,751
21 years$48,362$38,657$30,631$24,085$18,813$6,520
22 years$45,677$36,085$28,231$21,899$16,863$5,490
23 years$43,229$33,750$26,066$19,943$15,138$4,627
24 years$40,988$31,621$24,107$18,190$13,606$3,901
25 years$38,930$29,675$22,328$16,612$12,243$3,291
26 years$37,033$27,890$20,708$15,189$11,028$2,778
27 years$35,280$26,247$19,229$13,903$9,943$2,345
28 years$33,655$24,733$17,876$12,738$8,972$1,981
29 years$32,144$23,333$16,635$11,681$8,101$1,673
30 years$30,737$22,035$15,495$10,720$7,320$1,414
31 years$29,423$20,830$14,445$9,846$6,618$1,195
32 years$28,194$19,710$13,478$9,048$5,986$1,010
33 years$27,042$18,666$12,584$8,321$5,418$854
34 years$25,960$17,691$11,758$7,656$4,905$722
35 years$24,942$16,779$10,993$7,048$4,443$611
36 years$23,982$15,926$10,284$6,491$4,025$516
37 years$23,077$15,126$9,625$5,980$3,648$437
38 years$22,221$14,375$9,014$5,512$3,308$369
39 years$21,411$13,669$8,445$5,083$2,999$312
40 years$20,644$13,005$7,915$4,688$2,721$264
41 years$19,916$12,380$7,422$4,325$2,468$223
42 years$19,225$11,790$6,962$3,992$2,240$189
43 years$18,567$11,234$6,533$3,685$2,033$160
44 years$17,941$10,708$6,132$3,402$1,845$135
45 years$17,345$10,211$5,758$3,142$1,675$114
46 years$16,776$9,741$5,408$2,902$1,521$97
47 years$16,233$9,296$5,081$2,681$1,381$82
48 years$15,714$8,874$4,775$2,478$1,254$69
49 years$15,218$8,474$4,488$2,290$1,139$59
50 years$14,743$8,095$4,219$2,117$1,035$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $15,100,000, adding $2,021 every year, while hoping to spend $34,876 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: 51/37/12 Blend
54$15,100,000$15,100,000$15,100,000$15,100,000
55$16,642,285$15,841,985$15,607,935$17,437,588
56$18,302,690$16,581,134$16,093,693$18,720,805
57$20,131,288$17,355,333$16,594,555$20,111,207
58$22,145,197$18,166,262$17,110,990$21,621,948
59$24,363,280$19,015,683$17,643,482$23,264,373
60$26,806,326$19,905,442$18,192,530$25,050,944
61$29,497,239$20,837,477$18,758,647$26,995,349
62$32,461,260$21,813,816$19,342,365$29,112,629
63$35,726,204$22,836,587$19,944,229$31,419,308
64$39,322,719$23,908,023$20,564,803$33,933,550
65$43,284,581$25,030,460$21,204,668$36,675,314
66$47,649,007$26,206,352$21,864,424$39,666,545
67$52,457,011$27,438,269$22,544,687$42,931,368
68$57,753,787$28,728,905$23,246,095$46,496,307
69$63,589,139$30,081,086$23,969,305$50,390,532
70$70,017,947$31,497,775$24,714,992$54,646,120
71$77,100,689$32,982,078$25,483,856$59,298,353
72$84,904,009$34,537,250$26,276,615$64,386,041
73$93,501,348$36,166,705$27,094,012$69,951,874
74$102,973,636$37,874,024$27,936,811$76,042,821
75$113,410,054$39,662,958$28,805,801$82,710,559
76$124,908,879$41,537,443$29,701,796$90,011,950
77$137,578,411$43,501,604$30,625,632$98,009,566
78$151,537,993$45,559,767$31,578,175$106,772,266
79$166,919,140$47,716,467$32,560,316$116,375,835
80$183,866,779$49,976,460$33,572,973$126,903,685
81$202,540,616$52,344,733$34,617,093$138,447,626
82$223,116,647$54,826,512$35,693,654$151,108,724
83$245,788,815$57,427,281$36,803,661$164,998,229
84$270,770,843$60,152,787$37,948,153$180,238,619
85$298,298,253$63,009,057$39,128,199$196,964,734
86$328,630,585$66,002,411$40,344,904$215,325,031
87$362,053,851$69,139,476$41,599,405$235,482,967
88$398,883,233$72,427,200$42,892,874$257,618,523
89$439,466,059$75,872,868$44,226,521$281,929,883
90$484,185,079$79,484,122$45,601,593$308,635,280
91$533,462,085$83,268,971$47,019,374$337,975,039
92$587,761,885$87,235,818$48,481,190$370,213,815
93$647,596,694$91,393,469$49,988,406$405,643,074
94$713,530,971$95,751,164$51,542,432$444,583,812
95$786,186,745$100,318,587$53,144,719$487,389,561
96$866,249,491$105,105,895$54,796,765$534,449,701
97$954,474,595$110,123,740$56,500,113$586,193,099
98$1,051,694,491$115,383,291$58,256,354$643,092,133
99$1,158,826,517$120,896,259$60,067,129$705,667,113
100$1,276,881,573$126,674,927$61,934,130$774,491,165