Can I retire at age 55 with 15,200,000?

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 $15,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$1,255,202$1,244,021$1,233,113$1,222,466$1,212,069$1,176,571
2 years$621,387$609,814$598,598$587,724$577,176$541,699
3 years$410,143$398,520$387,333$376,560$366,184$331,841
4 years$304,542$292,955$281,879$271,291$261,166$228,220
5 years$241,198$229,680$218,750$208,377$198,534$167,075
6 years$198,982$187,551$176,782$166,641$157,093$127,150
7 years$168,840$157,505$146,907$137,005$127,759$99,331
8 years$146,243$135,011$124,589$114,930$105,988$79,058
9 years$128,678$117,551$107,308$97,895$89,257$63,798
10 years$114,633$103,616$93,554$84,386$76,052$52,028
11 years$103,150$92,243$82,363$73,441$65,407$42,779
12 years$93,587$82,792$73,095$64,418$56,680$35,402
13 years$85,502$74,820$65,306$56,871$49,426$29,451
14 years$78,578$68,009$58,678$50,484$43,327$24,603
15 years$72,583$62,128$52,978$45,023$38,148$20,624
16 years$67,342$57,001$48,032$40,313$33,716$17,338
17 years$62,722$52,496$43,707$36,221$29,895$14,610
18 years$58,621$48,509$39,899$32,642$26,581$12,335
19 years$54,955$44,957$36,526$29,495$23,692$10,432
20 years$51,660$41,776$33,522$26,714$21,162$8,834
21 years$48,683$38,913$30,833$24,244$18,938$7,489
22 years$45,980$36,324$28,418$22,044$16,975$6,356
23 years$43,515$33,973$26,239$20,076$15,238$5,398
24 years$41,260$31,831$24,266$18,310$13,696$4,588
25 years$39,188$29,871$22,476$16,722$12,324$3,902
26 years$37,279$28,074$20,845$15,290$11,101$3,320
27 years$35,514$26,421$19,356$13,995$10,009$2,826
28 years$33,877$24,897$17,994$12,822$9,031$2,406
29 years$32,357$23,487$16,745$11,758$8,155$2,049
30 years$30,941$22,181$15,598$10,791$7,368$1,746
31 years$29,618$20,968$14,541$9,911$6,662$1,488
32 years$28,381$19,840$13,567$9,108$6,026$1,268
33 years$27,221$18,789$12,668$8,376$5,454$1,081
34 years$26,132$17,808$11,836$7,707$4,938$922
35 years$25,107$16,890$11,066$7,094$4,472$786
36 years$24,141$16,032$10,352$6,534$4,052$670
37 years$23,230$15,226$9,689$6,020$3,672$572
38 years$22,368$14,470$9,073$5,549$3,329$487
39 years$21,553$13,760$8,501$5,116$3,019$416
40 years$20,781$13,091$7,968$4,719$2,739$355
41 years$20,048$12,462$7,471$4,354$2,485$303
42 years$19,352$11,868$7,008$4,018$2,254$258
43 years$18,690$11,308$6,576$3,709$2,046$220
44 years$18,060$10,779$6,173$3,425$1,857$188
45 years$17,459$10,279$5,796$3,163$1,686$160
46 years$16,887$9,805$5,444$2,922$1,531$137
47 years$16,340$9,357$5,115$2,699$1,390$117
48 years$15,818$8,933$4,806$2,494$1,262$100
49 years$15,318$8,530$4,518$2,305$1,147$85
50 years$14,841$8,149$4,247$2,131$1,041$72

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $15,200,000, adding $2,381 every year, while hoping to spend $42,437 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: 86/5/9 Blend
54$15,200,000$15,200,000$15,200,000$15,200,000
55$16,752,856$15,947,256$15,711,656$18,174,641
56$18,416,495$16,683,519$16,192,844$19,839,116
57$20,248,402$17,454,436$16,688,729$21,661,943
58$22,265,697$18,261,662$17,199,760$23,663,783
59$24,487,243$19,106,928$17,726,396$25,862,647
60$26,933,825$19,992,051$18,269,114$28,278,373
61$29,628,349$20,918,935$18,828,403$30,932,814
62$32,596,053$21,889,575$19,404,767$33,850,042
63$35,864,750$22,906,064$19,998,726$37,056,573
64$39,465,087$23,970,593$20,610,815$40,581,617
65$43,430,835$25,085,461$21,241,587$44,457,352
66$47,799,209$26,253,078$21,891,609$48,719,226
67$52,611,218$27,475,969$22,561,468$53,406,291
68$57,912,051$28,756,780$23,251,766$58,561,570
69$63,751,506$30,098,288$23,963,126$64,232,459
70$70,184,456$31,503,401$24,696,187$70,471,177
71$77,271,372$32,975,169$25,451,611$77,335,254
72$85,078,888$34,516,788$26,230,076$84,888,071
73$93,680,435$36,131,611$27,032,284$93,199,462
74$103,156,930$37,823,151$27,858,956$102,346,364
75$113,597,542$39,595,090$28,710,836$112,413,548
76$125,100,532$41,451,290$29,588,690$123,494,412
77$137,774,182$43,395,799$30,493,307$135,691,863
78$151,737,817$45,432,862$31,425,501$149,119,285
79$167,122,929$47,566,926$32,386,109$163,901,608
80$184,074,419$49,802,657$33,375,996$180,176,483
81$202,751,967$52,144,945$34,396,049$198,095,582
82$223,331,537$54,598,917$35,447,186$217,826,022
83$246,007,038$57,169,947$36,530,350$239,551,945
84$270,992,153$59,863,672$37,646,515$263,476,251
85$298,522,361$62,686,000$38,796,681$289,822,509
86$328,857,154$65,643,126$39,981,882$318,837,067
87$362,282,489$68,741,545$41,203,181$350,791,373
88$399,113,489$71,988,067$42,461,673$385,984,534
89$439,697,413$75,389,830$43,758,487$424,746,134
90$484,416,940$78,954,322$45,094,787$467,439,346
91$533,693,775$82,689,392$46,471,770$514,464,353
92$587,992,637$86,603,269$47,890,671$566,262,125
93$647,825,638$90,704,581$49,352,761$623,318,572
94$713,757,125$95,002,377$50,859,350$686,169,133
95$786,409,002$99,506,144$52,411,788$755,403,822
96$866,466,602$104,225,827$54,011,465$831,672,797
97$954,685,160$109,171,857$55,659,814$915,692,487
98$1,051,896,938$114,355,170$57,358,309$1,008,252,357
99$1,159,019,085$119,787,232$59,108,472$1,110,222,349
100$1,277,062,294$125,480,069$60,911,868$1,222,561,094