Can I retire at age 55 with 7,800,000?

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 $7,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$644,117$638,379$632,782$627,318$621,983$615,487
2 years$318,870$312,931$307,176$301,595$296,182$289,641
3 years$210,468$204,504$198,763$193,235$187,910$181,526
4 years$156,278$150,332$144,648$139,215$134,019$127,842
5 years$123,772$117,862$112,253$106,930$101,879$95,926
6 years$102,109$96,243$90,717$85,513$80,614$74,892
7 years$86,641$80,825$75,386$70,305$65,560$60,073
8 years$75,046$69,282$63,934$58,977$54,389$49,136
9 years$66,032$60,322$55,066$50,235$45,803$40,782
10 years$58,825$53,171$48,008$43,303$39,027$34,235
11 years$52,932$47,335$42,265$37,687$33,564$28,997
12 years$48,025$42,486$37,509$33,057$29,086$24,739
13 years$43,876$38,395$33,512$29,184$25,364$21,232
14 years$40,323$34,900$30,111$25,906$22,234$18,311
15 years$37,246$31,881$27,186$23,104$19,576$15,857
16 years$34,557$29,251$24,648$20,687$17,301$13,780
17 years$32,186$26,939$22,429$18,587$15,341$12,010
18 years$30,082$24,893$20,475$16,751$13,640$10,493
19 years$28,201$23,070$18,744$15,136$12,158$9,188
20 years$26,510$21,438$17,202$13,708$10,860$8,060
21 years$24,982$19,969$15,822$12,441$9,718$7,082
22 years$23,595$18,640$14,583$11,312$8,711$6,232
23 years$22,330$17,434$13,465$10,302$7,819$5,490
24 years$21,173$16,334$12,453$9,396$7,028$4,841
25 years$20,110$15,329$11,534$8,581$6,324$4,274
26 years$19,130$14,407$10,697$7,846$5,697$3,775
27 years$18,224$13,558$9,933$7,182$5,136$3,338
28 years$17,384$12,776$9,234$6,580$4,634$2,953
29 years$16,604$12,053$8,593$6,034$4,185$2,613
30 years$15,877$11,382$8,004$5,538$3,781$2,314
31 years$15,199$10,760$7,462$5,086$3,419$2,050
32 years$14,564$10,181$6,962$4,674$3,092$1,817
33 years$13,969$9,642$6,501$4,298$2,799$1,611
34 years$13,410$9,138$6,074$3,955$2,534$1,429
35 years$12,884$8,667$5,678$3,640$2,295$1,267
36 years$12,388$8,227$5,312$3,353$2,079$1,124
37 years$11,921$7,813$4,972$3,089$1,885$998
38 years$11,479$7,426$4,656$2,847$1,709$886
39 years$11,060$7,061$4,362$2,625$1,549$786
40 years$10,664$6,718$4,089$2,422$1,405$698
41 years$10,288$6,395$3,834$2,234$1,275$620
42 years$9,931$6,090$3,596$2,062$1,157$551
43 years$9,591$5,803$3,375$1,903$1,050$489
44 years$9,268$5,531$3,168$1,757$953$434
45 years$8,959$5,275$2,974$1,623$865$386
46 years$8,666$5,032$2,794$1,499$786$343
47 years$8,385$4,802$2,625$1,385$713$305
48 years$8,117$4,584$2,466$1,280$648$271
49 years$7,861$4,377$2,318$1,183$588$240
50 years$7,616$4,182$2,179$1,093$534$214

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $7,800,000, adding $5,716 every year, while hoping to spend $47,266 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: 49/39/12 Blend
54$7,800,000$7,800,000$7,800,000$7,800,000
55$8,601,496$8,188,096$8,067,196$8,994,530
56$9,428,558$8,539,022$8,287,156$9,616,082
57$10,338,396$8,905,559$8,512,901$10,285,443
58$11,339,404$9,288,423$8,744,575$11,011,452
59$12,440,828$9,688,361$8,982,324$11,799,427
60$13,652,860$10,106,158$9,226,298$12,655,209
61$14,986,725$10,542,633$9,476,653$13,585,217
62$16,454,795$10,998,646$9,733,545$14,596,499
63$18,070,699$11,475,095$9,997,134$15,696,805
64$19,849,458$11,972,922$10,267,585$16,894,651
65$21,807,620$12,493,112$10,545,066$18,199,395
66$23,963,420$13,036,698$10,829,749$19,621,330
67$26,336,951$13,604,758$11,121,808$21,171,768
68$28,950,355$14,198,426$11,421,423$22,863,150
69$31,828,027$14,818,885$11,728,777$24,709,157
70$34,996,851$15,467,375$12,044,056$26,724,837
71$38,486,449$16,145,197$12,367,451$28,926,740
72$42,329,464$16,853,708$12,699,158$31,333,073
73$46,561,865$17,594,335$13,039,375$33,963,867
74$51,223,286$18,368,569$13,388,305$36,841,159
75$56,357,404$19,177,971$13,746,156$39,989,197
76$62,012,347$20,024,179$14,113,140$43,434,667
77$68,241,147$20,908,905$14,489,471$47,206,933
78$75,102,247$21,833,944$14,875,371$51,338,314
79$82,660,045$22,801,176$15,271,065$55,864,381
80$90,985,506$23,812,570$15,676,782$60,824,288
81$100,156,828$24,870,187$16,092,755$66,261,133
82$110,260,186$25,976,188$16,519,223$72,222,362
83$121,390,538$27,132,834$16,956,431$78,760,208
84$133,652,527$28,342,496$17,404,625$85,932,173
85$147,161,462$29,607,657$17,864,058$93,801,573
86$162,044,416$30,930,916$18,334,988$102,438,119
87$178,441,414$32,314,998$18,817,677$111,918,568
88$196,506,762$33,762,757$19,312,393$122,327,445
89$216,410,502$35,277,183$19,819,409$133,757,826
90$238,340,015$36,861,406$20,339,001$146,312,208
91$262,501,791$38,518,710$20,871,452$160,103,471
92$289,123,378$40,252,531$21,417,050$175,255,926
93$318,455,528$42,066,471$21,976,087$191,906,487
94$350,774,567$43,964,303$22,548,861$210,205,944
95$386,385,000$45,949,981$23,135,675$230,320,380
96$425,622,387$48,027,647$23,736,837$252,432,723
97$468,856,511$50,201,642$24,352,661$276,744,462
98$516,494,865$52,476,512$24,983,465$303,477,539
99$568,986,503$54,857,024$25,629,574$332,876,421
100$626,826,278$57,348,169$26,291,315$365,210,403