Can I retire at age 55 with 15,400,000?

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 $15,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$1,271,718$1,260,390$1,249,338$1,238,551$1,228,018$1,184,918
2 years$629,563$617,838$606,475$595,457$584,770$541,801
3 years$415,540$403,764$392,429$381,515$371,002$329,513
4 years$308,549$296,809$285,588$274,860$264,602$224,910
5 years$244,371$232,702$221,628$211,119$201,146$163,356
6 years$201,600$190,019$179,108$168,834$159,160$123,300
7 years$171,061$159,577$148,840$138,807$129,440$95,503
8 years$148,168$136,787$126,228$116,442$107,383$75,342
9 years$130,371$119,098$108,720$99,183$90,432$60,245
10 years$116,142$104,979$94,785$85,497$77,052$48,670
11 years$104,507$93,457$83,447$74,408$66,268$39,631
12 years$94,819$83,882$74,057$65,265$57,426$32,472
13 years$86,627$75,805$66,165$57,620$50,077$26,739
14 years$79,612$68,904$59,450$51,148$43,897$22,107
15 years$73,538$62,945$53,675$45,615$38,650$18,336
16 years$68,228$57,751$48,664$40,844$34,159$15,248
17 years$63,548$53,187$44,283$36,698$30,288$12,708
18 years$59,392$49,147$40,424$33,072$26,931$10,610
19 years$55,678$45,549$37,006$29,883$24,004$8,872
20 years$52,340$42,326$33,963$27,065$21,441$7,427
21 years$49,323$39,425$31,239$24,563$19,187$6,224
22 years$46,585$36,802$28,792$22,334$17,198$5,221
23 years$44,088$34,420$26,584$20,340$15,438$4,382
24 years$41,803$32,249$24,586$18,551$13,876$3,680
25 years$39,704$30,264$22,771$16,942$12,487$3,092
26 years$37,769$28,444$21,119$15,491$11,247$2,599
27 years$35,981$26,769$19,611$14,179$10,141$2,186
28 years$34,323$25,224$18,231$12,991$9,150$1,839
29 years$32,783$23,796$16,966$11,913$8,262$1,547
30 years$31,348$22,473$15,803$10,933$7,465$1,302
31 years$30,008$21,244$14,732$10,041$6,749$1,096
32 years$28,754$20,101$13,746$9,228$6,105$922
33 years$27,579$19,036$12,834$8,486$5,525$777
34 years$26,475$18,042$11,992$7,808$5,003$654
35 years$25,437$17,113$11,211$7,188$4,531$551
36 years$24,459$16,242$10,488$6,620$4,105$464
37 years$23,535$15,427$9,817$6,099$3,721$390
38 years$22,663$14,661$9,193$5,622$3,373$329
39 years$21,837$13,941$8,613$5,183$3,059$277
40 years$21,054$13,264$8,073$4,781$2,775$233
41 years$20,312$12,626$7,570$4,411$2,517$197
42 years$19,606$12,024$7,101$4,071$2,284$166
43 years$18,936$11,457$6,663$3,758$2,073$139
44 years$18,297$10,921$6,254$3,470$1,882$117
45 years$17,689$10,414$5,873$3,204$1,708$99
46 years$17,109$9,934$5,516$2,960$1,551$83
47 years$16,555$9,481$5,182$2,735$1,408$70
48 years$16,026$9,050$4,869$2,527$1,279$59
49 years$15,520$8,643$4,577$2,335$1,162$50
50 years$15,036$8,256$4,303$2,159$1,055$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $15,400,000, adding $2,782 every year, while hoping to spend $47,114 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: 73/21/6 Blend
54$15,400,000$15,400,000$15,400,000$15,400,000
55$16,973,670$16,157,470$15,918,770$18,200,841
56$18,654,855$16,899,057$16,401,919$19,751,210
57$20,505,942$17,675,403$16,899,676$21,442,360
58$22,544,212$18,488,160$17,412,478$23,293,049
59$24,788,704$19,339,063$17,940,779$25,319,004
60$27,260,402$20,229,928$18,485,045$27,537,535
61$29,982,426$21,162,656$19,045,757$29,967,690
62$32,980,251$22,139,245$19,623,408$32,630,434
63$36,281,954$23,161,785$20,218,509$35,548,843
64$39,918,467$24,232,467$20,831,584$38,748,321
65$43,923,882$25,353,588$21,463,172$42,256,829
66$48,335,761$26,527,558$22,113,832$46,105,152
67$53,195,499$27,756,898$22,784,136$50,327,180
68$58,548,709$29,044,255$23,474,673$54,960,228
69$64,445,655$30,392,402$24,186,053$60,045,380
70$70,941,727$31,804,244$24,918,900$65,627,874
71$78,097,960$33,282,829$25,673,861$71,757,521
72$85,981,615$34,831,351$26,451,598$78,489,175
73$94,666,809$36,453,156$27,252,795$85,883,241
74$104,235,217$38,151,754$28,078,158$94,006,240
75$114,776,844$39,930,825$28,928,411$102,931,432
76$126,390,870$41,794,223$29,804,300$112,739,500
77$139,186,590$43,745,991$30,706,596$123,519,306
78$153,284,445$45,790,368$31,636,089$135,368,723
79$168,817,157$47,931,795$32,593,597$148,395,550
80$185,930,983$50,174,929$33,579,959$162,718,522
81$204,787,096$52,524,653$34,596,040$178,468,427
82$225,563,103$54,986,084$35,642,731$195,789,325
83$248,454,727$57,564,589$36,720,949$214,839,907
84$273,677,648$60,265,793$37,831,640$235,794,976
85$301,469,544$63,095,592$38,975,775$258,847,096
86$332,092,331$66,060,171$40,154,358$284,208,391
87$365,834,639$69,166,009$41,368,420$312,112,545
88$403,014,533$72,419,904$42,619,022$342,816,991
89$443,982,516$75,828,980$43,907,260$376,605,333
90$489,124,838$79,400,706$45,234,259$413,790,010
91$538,867,145$83,142,914$46,601,180$454,715,233
92$593,678,492$87,063,815$48,009,218$499,760,222
93$654,075,774$91,172,017$49,459,602$549,342,772
94$720,628,603$95,476,547$50,953,599$603,923,180
95$793,964,690$99,986,867$52,492,514$664,008,581
96$874,775,765$104,712,900$54,077,690$730,157,712
97$963,824,110$109,665,048$55,710,509$802,986,177
98$1,061,949,754$114,854,221$57,392,396$883,172,238
99$1,170,078,405$120,291,853$59,124,817$971,463,200
100$1,289,230,186$125,989,938$60,909,282$1,068,682,447