Can I retire at age 55 with 4,000,000?

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 $4,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$330,316$327,374$324,503$321,702$318,966$316,558
2 years$163,523$160,477$157,526$154,664$151,888$149,461
3 years$107,932$104,874$101,930$99,095$96,364$93,992
4 years$80,143$77,093$74,179$71,392$68,728$66,429
5 years$63,473$60,442$57,566$54,836$52,246$50,028
6 years$52,364$49,356$46,522$43,853$41,340$39,206
7 years$44,431$41,449$38,660$36,054$33,621$31,570
8 years$38,485$35,529$32,787$30,245$27,892$25,926
9 years$33,863$30,935$28,239$25,762$23,489$21,606
10 years$30,167$27,267$24,619$22,207$20,014$18,214
11 years$27,145$24,274$21,675$19,327$17,212$15,494
12 years$24,628$21,787$19,236$16,952$14,916$13,278
13 years$22,501$19,689$17,186$14,966$13,007$11,447
14 years$20,678$17,897$15,441$13,285$11,402$9,918
15 years$19,101$16,349$13,942$11,848$10,039$8,629
16 years$17,722$15,000$12,640$10,609$8,873$7,535
17 years$16,506$13,815$11,502$9,532$7,867$6,599
18 years$15,426$12,765$10,500$8,590$6,995$5,794
19 years$14,462$11,831$9,612$7,762$6,235$5,099
20 years$13,595$10,994$8,821$7,030$5,569$4,496
21 years$12,811$10,240$8,114$6,380$4,984$3,971
22 years$12,100$9,559$7,478$5,801$4,467$3,513
23 years$11,451$8,940$6,905$5,283$4,010$3,111
24 years$10,858$8,376$6,386$4,818$3,604$2,759
25 years$10,313$7,861$5,915$4,400$3,243$2,448
26 years$9,810$7,388$5,486$4,024$2,921$2,175
27 years$9,346$6,953$5,094$3,683$2,634$1,933
28 years$8,915$6,552$4,735$3,374$2,377$1,720
29 years$8,515$6,181$4,407$3,094$2,146$1,531
30 years$8,142$5,837$4,105$2,840$1,939$1,363
31 years$7,794$5,518$3,827$2,608$1,753$1,215
32 years$7,469$5,221$3,570$2,397$1,586$1,083
33 years$7,163$4,945$3,334$2,204$1,435$966
34 years$6,877$4,686$3,115$2,028$1,299$861
35 years$6,607$4,445$2,912$1,867$1,177$769
36 years$6,353$4,219$2,724$1,719$1,066$686
37 years$6,113$4,007$2,550$1,584$966$612
38 years$5,886$3,808$2,388$1,460$876$547
39 years$5,672$3,621$2,237$1,346$795$488
40 years$5,469$3,445$2,097$1,242$721$436
41 years$5,276$3,279$1,966$1,146$654$390
42 years$5,093$3,123$1,844$1,057$593$348
43 years$4,918$2,976$1,731$976$538$311
44 years$4,753$2,837$1,624$901$489$278
45 years$4,595$2,705$1,525$832$444$249
46 years$4,444$2,580$1,433$769$403$222
47 years$4,300$2,462$1,346$710$366$199
48 years$4,163$2,351$1,265$656$332$177
49 years$4,031$2,245$1,189$607$302$159
50 years$3,905$2,144$1,118$561$274$142

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $4,000,000, adding $4,612 every year, while hoping to spend $23,243 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: 29/43/28 Blend
54$4,000,000$4,000,000$4,000,000$4,000,000
55$4,412,757$4,200,757$4,138,757$4,502,453
56$4,838,128$4,381,864$4,252,675$4,754,820
57$5,306,108$4,571,066$4,369,631$5,023,612
58$5,821,018$4,768,735$4,489,700$5,312,123
59$6,387,620$4,975,262$4,612,963$5,622,075
60$7,011,160$5,191,053$4,739,501$5,955,352
61$7,697,420$5,416,536$4,869,396$6,314,017
62$8,452,769$5,652,157$5,002,732$6,700,333
63$9,284,224$5,898,387$5,139,597$7,116,779
64$10,199,521$6,155,713$5,280,079$7,566,072
65$11,207,179$6,424,650$5,424,269$8,051,194
66$12,316,589$6,705,735$5,572,259$8,575,416
67$13,538,096$6,999,531$5,724,144$9,142,324
68$14,883,101$7,306,627$5,880,023$9,755,856
69$16,364,166$7,627,641$6,039,992$10,420,335
70$17,995,134$7,963,219$6,204,155$11,140,504
71$19,791,258$8,314,037$6,372,615$11,921,574
72$21,769,347$8,680,805$6,545,478$12,769,267
73$23,947,921$9,064,265$6,722,852$13,689,869
74$26,347,389$9,465,195$6,904,848$14,690,283
75$28,990,242$9,884,409$7,091,580$15,778,099
76$31,901,262$10,322,760$7,283,163$16,961,655
77$35,107,758$10,781,142$7,479,716$18,250,114
78$38,639,821$11,260,490$7,681,358$19,653,552
79$42,530,614$11,761,785$7,888,215$21,183,043
80$46,816,678$12,286,054$8,100,412$22,850,767
81$51,538,281$12,834,372$8,318,077$24,670,113
82$56,739,796$13,407,867$8,541,343$26,655,809
83$62,470,120$14,007,717$8,770,343$28,824,054
84$68,783,138$14,635,161$9,005,215$31,192,664
85$75,738,227$15,291,493$9,246,099$33,781,242
86$83,400,821$15,978,070$9,493,138$36,611,351
87$91,843,023$16,696,315$9,746,477$39,706,718
88$101,144,293$17,447,716$10,006,265$43,093,453
89$111,392,191$18,233,834$10,272,655$46,800,284
90$122,683,207$19,056,304$10,545,801$50,858,831
91$135,123,670$19,916,839$10,825,861$55,303,894
92$148,830,753$20,817,233$11,112,997$60,173,775
93$163,933,580$21,759,368$11,407,372$65,510,634
94$180,574,441$22,745,213$11,709,155$71,360,883
95$198,910,139$23,776,833$12,018,517$77,775,613
96$219,113,467$24,856,391$12,335,630$84,811,072
97$241,374,840$25,986,154$12,660,674$92,529,186
98$265,904,095$27,168,497$12,993,828$100,998,140
99$292,932,469$28,405,909$13,335,277$110,293,008
100$322,714,780$29,700,998$13,685,208$120,496,455