Can I retire at age 55 with 17,500,000?

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 $17,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,350,804
2 years$715,413$702,089$689,176$676,656$664,512$619,919
3 years$472,204$458,823$445,942$433,540$421,594$378,478
4 years$350,624$337,283$324,532$312,341$300,684$259,376
5 years$277,695$264,434$251,850$239,908$228,575$189,185
6 years$229,091$215,930$203,532$191,856$180,864$143,425
7 years$194,388$181,338$169,136$157,736$147,091$111,599
8 years$168,372$155,440$143,441$132,321$122,026$88,457
9 years$148,149$135,339$123,546$112,708$102,763$71,080
10 years$131,979$119,294$107,710$97,155$87,560$57,712
11 years$118,758$106,201$94,826$84,554$75,304$47,238
12 years$107,749$95,320$84,156$74,165$65,257$38,912
13 years$98,440$86,142$75,188$65,477$56,905$32,217
14 years$90,468$78,300$67,556$58,123$49,883$26,784
15 years$83,566$71,529$60,994$51,836$43,921$22,342
16 years$77,532$65,626$55,300$46,413$38,817$18,688
17 years$72,213$60,439$50,321$41,702$34,418$15,667
18 years$67,491$55,849$45,937$37,582$30,603$13,159
19 years$63,271$51,760$42,053$33,958$27,277$11,069
20 years$59,477$48,098$38,594$30,756$24,364$9,324
21 years$56,049$44,801$35,499$27,913$21,803$7,862
22 years$52,937$41,820$32,718$25,379$19,544$6,636
23 years$50,100$39,114$30,209$23,113$17,544$5,605
24 years$47,503$36,647$27,938$21,081$15,769$4,737
25 years$45,118$34,391$25,877$19,252$14,189$4,006
26 years$42,919$32,322$23,999$17,603$12,781$3,389
27 years$40,887$30,419$22,285$16,113$11,523$2,869
28 years$39,004$28,664$20,717$14,763$10,398$2,429
29 years$37,253$27,041$19,279$13,538$9,389$2,057
30 years$35,622$25,537$17,958$12,424$8,483$1,742
31 years$34,100$24,141$16,741$11,411$7,670$1,476
32 years$32,675$22,843$15,620$10,487$6,938$1,251
33 years$31,340$21,632$14,585$9,643$6,279$1,060
34 years$30,086$20,502$13,627$8,873$5,685$899
35 years$28,906$19,446$12,740$8,168$5,149$762
36 years$27,794$18,457$11,918$7,522$4,665$646
37 years$26,745$17,530$11,155$6,931$4,228$548
38 years$25,753$16,660$10,446$6,388$3,833$464
39 years$24,815$15,842$9,787$5,890$3,476$394
40 years$23,925$15,072$9,173$5,433$3,153$334
41 years$23,082$14,347$8,602$5,013$2,860$283
42 years$22,280$13,664$8,069$4,626$2,596$240
43 years$21,518$13,019$7,571$4,270$2,356$204
44 years$20,792$12,410$7,107$3,943$2,138$173
45 years$20,101$11,834$6,673$3,641$1,941$146
46 years$19,442$11,289$6,268$3,364$1,762$124
47 years$18,813$10,773$5,888$3,108$1,600$105
48 years$18,211$10,285$5,534$2,872$1,453$89
49 years$17,636$9,821$5,201$2,654$1,320$76
50 years$17,086$9,382$4,890$2,453$1,199$64

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $17,500,000, adding $3,652 every year, while hoping to spend $26,280 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: 45/39/16 Blend
54$17,500,000$17,500,000$17,500,000$17,500,000
55$19,288,767$18,361,267$18,090,017$20,068,178
56$21,228,260$19,233,007$18,668,071$21,484,429
57$23,364,700$20,146,582$19,264,609$23,016,348
58$25,718,148$21,104,014$19,880,222$24,676,980
59$28,310,711$22,107,422$20,515,521$26,478,255
60$31,166,748$23,159,031$21,171,136$28,433,268
61$34,313,105$24,261,172$21,847,717$30,556,393
62$37,779,361$25,416,288$22,545,935$32,863,409
63$41,598,114$26,626,945$23,266,483$35,371,645
64$45,805,286$27,895,829$24,010,074$38,100,132
65$50,440,460$29,225,760$24,777,447$41,069,775
66$55,547,258$30,619,694$25,569,362$44,303,541
67$61,173,748$32,080,728$26,386,606$47,826,665
68$67,372,902$33,612,115$27,229,988$51,666,880
69$74,203,091$35,217,262$28,100,346$55,854,665
70$81,728,641$36,899,743$28,998,542$60,423,523
71$90,020,437$38,663,305$29,925,469$65,410,288
72$99,156,595$40,511,880$30,882,044$70,855,457
73$109,223,193$42,449,588$31,869,219$76,803,560
74$120,315,093$44,480,751$32,887,971$83,303,568
75$132,536,826$46,609,902$33,939,313$90,409,341
76$146,003,589$48,841,794$35,024,286$98,180,121
77$160,842,324$51,181,411$36,143,969$106,681,076
78$177,192,920$53,633,979$37,299,471$115,983,900
79$195,209,535$56,204,981$38,491,940$126,167,471
80$215,062,047$58,900,164$39,722,559$137,318,580
81$236,937,661$61,725,558$40,992,550$149,532,730
82$261,042,675$64,687,483$42,303,173$162,915,018
83$287,604,428$67,792,569$43,655,729$177,581,111
84$316,873,445$71,047,770$45,051,561$193,658,310
85$349,125,802$74,460,377$46,492,055$211,286,733
86$384,665,735$78,038,036$47,978,639$230,620,616
87$423,828,507$81,788,768$49,512,791$251,829,741
88$466,983,579$85,720,981$51,096,034$275,101,016
89$514,538,091$89,843,497$52,729,939$300,640,211
90$566,940,713$94,165,565$54,416,128$328,673,873
91$624,685,874$98,696,886$56,156,277$359,451,436
92$688,318,434$103,447,633$57,952,112$393,247,544
93$758,438,824$108,428,478$59,805,418$430,364,610
94$835,708,720$113,650,608$61,718,035$471,135,643
95$920,857,282$119,125,761$63,691,863$515,927,349
96$1,014,688,046$124,866,245$65,728,861$565,143,559
97$1,118,086,502$130,884,966$67,831,053$619,229,005
98$1,232,028,459$137,195,463$70,000,527$678,673,475
99$1,357,589,256$143,811,935$72,239,439$744,016,393
100$1,495,953,912$150,749,271$74,550,011$815,851,871