Can I retire at age 55 with 4,100,000?

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 $4,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$338,574$335,558$332,616$329,744$326,940$323,795
2 years$167,611$164,489$161,464$158,531$155,686$152,518
3 years$110,631$107,496$104,478$101,572$98,773$95,680
4 years$82,146$79,021$76,033$73,177$70,446$67,452
5 years$65,060$61,953$59,005$56,207$53,552$50,666
6 years$53,673$50,589$47,685$44,949$42,374$39,599
7 years$45,542$42,485$39,626$36,955$34,461$31,799
8 years$39,447$36,417$33,606$31,001$28,589$26,039
9 years$34,709$31,708$28,945$26,406$24,076$21,637
10 years$30,921$27,949$25,235$22,762$20,514$18,185
11 years$27,823$24,881$22,216$19,810$17,643$15,422
12 years$25,244$22,332$19,716$17,376$15,289$13,174
13 years$23,063$20,182$17,615$15,340$13,332$11,321
14 years$21,195$18,345$15,827$13,617$11,687$9,777
15 years$19,578$16,758$14,290$12,144$10,290$8,478
16 years$18,165$15,375$12,956$10,874$9,094$7,377
17 years$16,918$14,160$11,790$9,770$8,064$6,439
18 years$15,812$13,085$10,762$8,805$7,170$5,634
19 years$14,823$12,127$9,852$7,956$6,391$4,940
20 years$13,935$11,269$9,042$7,206$5,708$4,340
21 years$13,132$10,496$8,317$6,540$5,108$3,819
22 years$12,402$9,798$7,665$5,946$4,579$3,366
23 years$11,738$9,164$7,078$5,415$4,110$2,969
24 years$11,129$8,586$6,546$4,939$3,694$2,623
25 years$10,570$8,057$6,062$4,510$3,324$2,319
26 years$10,055$7,573$5,623$4,124$2,994$2,052
27 years$9,579$7,127$5,221$3,775$2,700$1,817
28 years$9,138$6,716$4,854$3,459$2,436$1,610
29 years$8,728$6,335$4,517$3,172$2,200$1,427
30 years$8,346$5,983$4,207$2,911$1,988$1,266
31 years$7,989$5,656$3,922$2,673$1,797$1,123
32 years$7,655$5,352$3,660$2,457$1,625$997
33 years$7,342$5,068$3,417$2,259$1,471$886
34 years$7,049$4,803$3,193$2,079$1,332$787
35 years$6,772$4,556$2,985$1,914$1,206$699
36 years$6,512$4,324$2,792$1,762$1,093$621
37 years$6,266$4,107$2,614$1,624$991$552
38 years$6,034$3,903$2,447$1,497$898$491
39 years$5,814$3,712$2,293$1,380$814$437
40 years$5,605$3,531$2,149$1,273$739$388
41 years$5,408$3,361$2,015$1,174$670$345
42 years$5,220$3,201$1,890$1,084$608$307
43 years$5,041$3,050$1,774$1,000$552$273
44 years$4,871$2,907$1,665$924$501$243
45 years$4,709$2,773$1,563$853$455$216
46 years$4,555$2,645$1,468$788$413$193
47 years$4,408$2,524$1,380$728$375$171
48 years$4,267$2,410$1,296$673$341$153
49 years$4,132$2,301$1,219$622$309$136
50 years$4,003$2,198$1,146$575$281$121

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $4,100,000, adding $4,118 every year, while hoping to spend $35,152 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: 32/46/22 Blend
54$4,100,000$4,100,000$4,100,000$4,100,000
55$4,522,448$4,305,148$4,241,598$4,636,348
56$4,946,336$4,478,698$4,346,290$4,895,982
57$5,412,283$4,659,575$4,453,311$5,171,981
58$5,924,541$4,848,099$4,562,702$5,468,543
59$6,487,795$5,044,608$4,674,504$5,787,491
60$7,107,209$5,249,452$4,788,759$6,130,825
61$7,788,469$5,463,000$4,905,507$6,500,739
62$8,537,842$5,685,636$5,024,790$6,899,636
63$9,362,232$5,917,762$5,146,651$7,330,155
64$10,269,246$6,159,799$5,271,130$7,795,191
65$11,267,265$6,412,185$5,398,269$8,297,921
66$12,365,525$6,675,381$5,528,109$8,841,833
67$13,574,200$6,949,867$5,660,693$9,430,757
68$14,904,504$7,236,146$5,796,062$10,068,899
69$16,368,789$7,534,742$5,934,255$10,760,877
70$17,980,668$7,846,207$6,075,316$11,511,768
71$19,755,140$8,171,115$6,219,282$12,327,146
72$21,708,732$8,510,068$6,366,196$13,213,140
73$23,859,655$8,863,694$6,516,096$14,176,484
74$26,227,977$9,232,651$6,669,022$15,224,581
75$28,835,808$9,617,629$6,825,012$16,365,570
76$31,707,515$10,019,347$6,984,104$17,608,399
77$34,869,944$10,438,558$7,146,334$18,962,908
78$38,352,682$10,876,050$7,311,740$20,439,918
79$42,188,328$11,332,649$7,480,356$22,051,331
80$46,412,806$11,809,218$7,652,216$23,810,241
81$51,065,700$12,306,657$7,827,353$25,731,048
82$56,190,631$12,825,914$8,005,800$27,829,599
83$61,835,667$13,367,975$8,187,585$30,123,328
84$68,053,774$13,933,875$8,372,739$32,631,420
85$74,903,321$14,524,696$8,561,287$35,374,985
86$82,448,626$15,141,572$8,753,256$38,377,257
87$90,760,564$15,785,688$8,948,669$41,663,808
88$99,917,238$16,458,283$9,147,546$45,262,784
89$110,004,715$17,160,658$9,349,907$49,205,165
90$121,117,836$17,894,170$9,555,769$53,525,057
91$133,361,114$18,660,242$9,765,146$58,260,005
92$146,849,717$19,460,364$9,978,048$63,451,342
93$161,710,560$20,296,094$10,194,484$69,144,579
94$178,083,497$21,169,062$10,414,459$75,389,822
95$196,122,645$22,080,978$10,637,975$82,242,243
96$215,997,837$23,033,628$10,865,030$89,762,595
97$237,896,225$24,028,885$11,095,617$98,017,777
98$262,024,047$25,068,707$11,329,727$107,081,460
99$288,608,573$26,155,146$11,567,346$117,034,777
100$317,900,250$27,290,351$11,808,454$127,967,075