Can I retire at age 55 with 18,200,000?

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 $18,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,394,262
2 years$744,029$730,172$716,743$703,722$691,092$634,332
3 years$491,092$477,176$463,780$450,882$438,457$383,756
4 years$364,649$350,775$337,513$324,835$312,711$260,484
5 years$288,802$275,012$261,924$249,504$237,718$188,099
6 years$238,255$224,568$211,674$199,531$188,098$141,119
7 years$202,163$188,592$175,902$164,045$152,974$108,619
8 years$175,107$161,658$149,179$137,613$126,907$85,131
9 years$154,074$140,752$128,487$117,216$106,874$67,615
10 years$137,258$124,066$112,018$101,041$91,062$54,244
11 years$123,508$110,449$98,619$87,936$78,316$43,855
12 years$112,059$99,133$87,522$77,132$67,867$35,670
13 years$102,378$89,587$78,195$68,096$59,182$29,152
14 years$94,087$81,432$70,259$60,448$51,878$23,916
15 years$86,908$74,390$63,434$53,909$45,678$19,682
16 years$80,633$68,251$57,512$48,270$40,370$16,238
17 years$75,102$62,857$52,334$43,370$35,795$13,423
18 years$70,190$58,083$47,774$39,085$31,827$11,116
19 years$65,801$53,830$43,735$35,317$28,368$9,217
20 years$61,856$50,022$40,138$31,986$25,339$7,652
21 years$58,291$46,593$36,919$29,029$22,676$6,358
22 years$55,055$43,493$34,027$26,394$20,325$5,287
23 years$52,104$40,678$31,417$24,038$18,245$4,399
24 years$49,403$38,113$29,056$21,924$16,399$3,662
25 years$46,922$35,767$26,912$20,022$14,757$3,050
26 years$44,636$33,615$24,959$18,307$13,292$2,542
27 years$42,523$31,636$23,177$16,757$11,984$2,118
28 years$40,564$29,810$21,546$15,353$10,814$1,766
29 years$38,743$28,123$20,050$14,079$9,764$1,473
30 years$37,047$26,559$18,676$12,921$8,823$1,228
31 years$35,464$25,107$17,411$11,867$7,977$1,024
32 years$33,982$23,756$16,245$10,906$7,215$855
33 years$32,594$22,498$15,168$10,029$6,530$713
34 years$31,289$21,323$14,172$9,228$5,912$595
35 years$30,062$20,224$13,250$8,494$5,355$496
36 years$28,906$19,196$12,395$7,823$4,852$414
37 years$27,815$18,231$11,601$7,208$4,397$346
38 years$26,783$17,326$10,864$6,644$3,987$288
39 years$25,807$16,476$10,179$6,126$3,615$241
40 years$24,882$15,675$9,540$5,650$3,279$201
41 years$24,005$14,921$8,946$5,213$2,975$168
42 years$23,171$14,211$8,392$4,811$2,699$140
43 years$22,379$13,540$7,874$4,441$2,450$117
44 years$21,624$12,906$7,391$4,101$2,224$98
45 years$20,905$12,307$6,940$3,787$2,019$81
46 years$20,220$11,741$6,518$3,498$1,833$68
47 years$19,565$11,204$6,124$3,232$1,664$57
48 years$18,940$10,696$5,755$2,986$1,511$47
49 years$18,342$10,214$5,409$2,760$1,373$40
50 years$17,770$9,757$5,085$2,551$1,247$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $18,200,000, adding $6,963 every year, while hoping to spend $48,844 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: 54/39/7 Blend
54$18,200,000$18,200,000$18,200,000$18,200,000
55$20,063,582$19,098,982$18,816,882$21,113,779
56$22,058,098$19,982,863$19,395,278$22,708,651
57$24,254,417$20,908,416$19,991,413$24,437,543
58$26,673,073$21,877,634$20,605,830$26,317,932
59$29,336,689$22,892,600$21,239,089$28,364,176
60$32,270,198$23,955,504$21,891,764$30,592,048
61$35,501,071$25,068,637$22,564,451$33,018,877
62$39,059,581$26,234,401$23,257,762$35,663,705
63$42,979,088$27,455,317$23,972,326$38,547,460
64$47,296,350$28,734,023$24,708,795$41,693,144
65$52,051,876$30,073,287$25,467,837$45,126,041
66$57,290,300$31,476,011$26,250,143$48,873,953
67$63,060,812$32,945,237$27,056,424$52,967,446
68$69,417,613$34,484,152$27,887,412$57,440,130
69$76,420,433$36,096,099$28,743,864$62,328,974
70$84,135,090$37,784,581$29,626,557$67,674,633
71$92,634,116$39,553,272$30,536,292$73,521,830
72$101,997,435$41,406,021$31,473,898$79,919,763
73$112,313,124$43,346,867$32,440,224$86,922,557
74$123,678,240$45,380,040$33,436,148$94,589,764
75$136,199,736$47,509,978$34,462,575$102,986,911
76$149,995,474$49,741,332$35,520,437$112,186,105
77$165,195,334$52,078,979$36,610,692$122,266,700
78$181,942,439$54,528,030$37,734,331$133,316,028
79$200,394,510$57,093,846$38,892,374$145,430,214
80$220,725,352$59,782,046$40,085,870$158,715,060
81$243,126,493$62,598,521$41,315,902$173,287,030
82$267,808,996$65,549,450$42,583,586$189,274,331
83$295,005,448$68,641,307$43,890,070$206,818,103
84$324,972,156$71,880,883$45,236,540$226,073,735
85$357,991,567$75,275,298$46,624,215$247,212,305
86$394,374,934$78,832,014$48,054,353$270,422,178
87$434,465,253$82,558,859$49,528,250$295,910,762
88$478,640,503$86,464,037$51,047,241$323,906,436
89$527,317,212$90,556,153$52,612,701$354,660,689
90$580,954,390$94,844,227$54,226,049$388,450,461
91$640,057,862$99,337,718$55,888,745$425,580,734
92$705,185,040$104,046,542$57,602,294$466,387,380
93$776,950,190$108,981,099$59,368,248$511,240,303
94$856,030,229$114,152,292$61,188,203$560,546,898
95$943,171,111$119,571,554$63,063,807$614,755,867
96$1,039,194,877$125,250,872$64,996,757$674,361,414
97$1,145,007,406$131,202,816$66,988,800$739,907,882
98$1,261,606,975$137,440,568$69,041,738$811,994,846
99$1,390,093,677$143,977,947$71,157,427$891,282,741
100$1,531,679,811$150,829,445$73,337,780$978,499,047