Can I retire at age 55 with 18,100,000?

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 $18,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,398,798
2 years$739,941$726,160$712,805$699,855$687,295$642,830
3 years$488,394$474,554$461,232$448,404$436,048$393,034
4 years$362,645$348,847$335,659$323,050$310,993$269,759
5 years$287,216$273,501$260,485$248,133$236,412$197,070
6 years$236,946$223,334$210,510$198,434$187,065$149,649
7 years$201,052$187,555$174,935$163,144$152,134$116,641
8 years$174,145$160,770$148,359$136,857$126,210$92,617
9 years$153,228$139,979$127,782$116,572$106,287$74,558
10 years$136,504$123,384$111,403$100,486$90,562$60,651
11 years$122,830$109,842$98,077$87,453$77,886$49,740
12 years$111,443$98,588$87,041$76,708$67,494$41,055
13 years$101,815$89,095$77,765$67,722$58,856$34,060
14 years$93,570$80,985$69,873$60,116$51,593$28,375
15 years$86,431$73,981$63,086$53,613$45,427$23,720
16 years$80,190$67,876$57,196$48,004$40,148$19,883
17 years$74,689$62,512$52,046$43,132$35,598$16,705
18 years$69,805$57,763$47,512$38,870$31,652$14,062
19 years$65,440$53,535$43,495$35,123$28,212$11,856
20 years$61,516$49,747$39,917$31,810$25,200$10,010
21 years$57,971$46,337$36,716$28,870$22,551$8,460
22 years$54,752$43,254$33,840$26,249$20,214$7,157
23 years$51,818$40,455$31,245$23,906$18,145$6,060
24 years$49,132$37,903$28,896$21,803$16,309$5,134
25 years$46,665$35,571$26,764$19,912$14,676$4,352
26 years$44,391$33,431$24,822$18,207$13,219$3,691
27 years$42,289$31,462$23,049$16,665$11,918$3,132
28 years$40,341$29,647$21,427$15,269$10,754$2,658
29 years$38,530$27,968$19,940$14,002$9,711$2,256
30 years$36,844$26,413$18,573$12,850$8,774$1,916
31 years$35,269$24,969$17,315$11,802$7,933$1,627
32 years$33,796$23,626$16,156$10,846$7,176$1,383
33 years$32,414$22,374$15,085$9,974$6,494$1,175
34 years$31,117$21,205$14,094$9,177$5,880$998
35 years$29,897$20,113$13,177$8,448$5,325$848
36 years$28,747$19,090$12,327$7,780$4,825$721
37 years$27,662$18,131$11,538$7,168$4,373$613
38 years$26,636$17,231$10,805$6,607$3,965$521
39 years$25,665$16,385$10,123$6,092$3,595$443
40 years$24,746$15,589$9,488$5,619$3,261$376
41 years$23,873$14,839$8,897$5,184$2,959$320
42 years$23,044$14,133$8,345$4,785$2,685$272
43 years$22,256$13,465$7,831$4,417$2,436$231
44 years$21,505$12,835$7,351$4,078$2,212$197
45 years$20,790$12,240$6,902$3,766$2,008$167
46 years$20,109$11,676$6,483$3,479$1,823$142
47 years$19,458$11,143$6,090$3,214$1,655$121
48 years$18,836$10,637$5,723$2,970$1,503$103
49 years$18,241$10,158$5,379$2,745$1,365$87
50 years$17,672$9,703$5,058$2,537$1,240$74

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $18,100,000, adding $2,814 every year, while hoping to spend $56,352 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: 52/20/28 Blend
54$18,100,000$18,100,000$18,100,000$18,100,000
55$19,949,103$18,989,803$18,709,253$20,829,568
56$21,923,953$19,860,345$19,276,055$22,312,437
57$24,098,349$20,771,655$19,859,956$23,918,752
58$26,492,586$21,725,671$20,461,469$25,665,105
59$29,129,025$22,724,425$21,081,124$27,564,889
60$32,032,309$23,770,044$21,719,464$29,632,830
61$35,229,589$24,864,761$22,377,051$31,885,118
62$38,750,786$26,010,913$23,054,461$34,339,556
63$42,628,870$27,210,952$23,752,290$37,015,723
64$46,900,172$28,467,446$24,471,149$39,935,156
65$51,604,727$29,783,088$25,211,669$43,121,542
66$56,786,649$31,160,699$25,974,500$46,600,942
67$62,494,552$32,603,238$26,760,311$50,402,027
68$68,782,004$34,113,805$27,569,789$54,556,344
69$75,708,037$35,695,649$28,403,645$59,098,608
70$83,337,698$37,352,178$29,262,609$64,067,020
71$91,742,669$39,086,960$30,147,432$69,503,622
72$101,001,939$40,903,739$31,058,889$75,454,689
73$111,202,553$42,806,439$31,997,778$81,971,155
74$122,440,430$44,799,170$32,964,920$89,109,086
75$134,821,269$46,886,245$33,961,160$96,930,201
76$148,461,550$49,072,182$34,987,370$105,502,447
77$163,489,627$51,361,718$36,044,446$114,900,631
78$180,046,945$53,759,819$37,133,311$125,207,116
79$198,289,374$56,271,690$38,254,917$136,512,588
80$218,388,675$58,902,788$39,410,242$148,916,902
81$240,534,130$61,658,834$40,600,295$162,530,017
82$264,934,320$64,545,826$41,826,113$177,473,016
83$291,819,099$67,570,050$43,088,767$193,879,244
84$321,441,762$70,738,097$44,389,355$211,895,551
85$354,081,436$74,056,878$45,729,013$231,683,665
86$390,045,714$77,533,637$47,108,907$253,421,708
87$429,673,559$81,175,968$48,530,238$277,305,860
88$473,338,505$84,991,833$49,994,244$303,552,200
89$521,452,181$88,989,581$51,502,198$332,398,728
90$574,468,195$93,177,962$53,055,414$364,107,596
91$632,886,421$97,566,152$54,655,240$398,967,568
92$697,257,714$102,163,772$56,303,069$437,296,727
93$768,189,111$106,980,907$58,000,332$479,445,460
94$846,349,560$112,028,131$59,748,503$525,799,747
95$932,476,237$117,316,532$61,549,100$576,784,784
96$1,027,381,505$122,857,733$63,403,686$632,868,980
97$1,131,960,580$128,663,923$65,313,871$694,568,353
98$1,247,199,984$134,747,881$67,281,311$762,451,380
99$1,374,186,860$141,123,004$69,307,712$837,144,342
100$1,514,119,230$147,803,342$71,394,831$919,337,210