Can I retire at age 53 with 13,100,000?

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 $13,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,032,844
2 years$535,538$525,564$515,897$506,525$497,434$485,587
3 years$353,479$343,462$333,820$324,536$315,593$304,034
4 years$262,467$252,481$242,935$233,810$225,083$213,903
5 years$207,874$197,948$188,528$179,588$171,105$160,335
6 years$171,491$161,639$152,358$143,618$135,389$125,043
7 years$145,513$135,744$126,611$118,076$110,108$100,189
8 years$126,039$116,358$107,376$99,051$91,345$81,854
9 years$110,900$101,311$92,483$84,370$76,926$67,858
10 years$98,796$89,300$80,629$72,728$65,545$56,895
11 years$88,899$79,499$70,984$63,295$56,371$48,131
12 years$80,658$71,354$62,997$55,518$48,850$41,011
13 years$73,689$64,483$56,283$49,014$42,598$35,151
14 years$67,722$58,613$50,571$43,509$37,341$30,276
15 years$62,555$53,544$45,659$38,803$32,878$26,183
16 years$58,038$49,126$41,396$34,744$29,058$22,721
17 years$54,057$45,243$37,669$31,217$25,764$19,775
18 years$50,522$41,807$34,387$28,133$22,909$17,253
19 years$47,362$38,746$31,480$25,420$20,419$15,086
20 years$44,523$36,005$28,890$23,023$18,239$13,214
21 years$41,957$33,537$26,574$20,895$16,321$11,594
22 years$39,627$31,305$24,492$18,998$14,630$10,186
23 years$37,503$29,279$22,614$17,302$13,133$8,959
24 years$35,559$27,433$20,914$15,780$11,804$7,889
25 years$33,774$25,744$19,370$14,412$10,622$6,953
26 years$32,128$24,196$17,965$13,177$9,568$6,133
27 years$30,607$22,771$16,682$12,061$8,626$5,413
28 years$29,197$21,457$15,508$11,051$7,783$4,781
29 years$27,887$20,242$14,432$10,134$7,028$4,225
30 years$26,666$19,117$13,443$9,300$6,350$3,735
31 years$25,526$18,071$12,532$8,542$5,741$3,304
32 years$24,460$17,099$11,693$7,850$5,194$2,923
33 years$23,460$16,193$10,918$7,219$4,700$2,587
34 years$22,521$15,348$10,201$6,642$4,255$2,291
35 years$21,638$14,557$9,537$6,114$3,854$2,028
36 years$20,806$13,817$8,922$5,631$3,492$1,797
37 years$20,020$13,123$8,350$5,188$3,165$1,592
38 years$19,278$12,471$7,820$4,782$2,869$1,411
39 years$18,575$11,859$7,326$4,409$2,602$1,250
40 years$17,910$11,283$6,867$4,067$2,360$1,108
41 years$17,278$10,740$6,439$3,752$2,141$982
42 years$16,678$10,229$6,040$3,463$1,943$871
43 years$16,108$9,746$5,668$3,197$1,763$772
44 years$15,565$9,290$5,320$2,952$1,601$685
45 years$15,047$8,859$4,995$2,726$1,453$607
46 years$14,554$8,451$4,692$2,518$1,319$538
47 years$14,083$8,065$4,408$2,326$1,198$478
48 years$13,632$7,699$4,142$2,150$1,088$424
49 years$13,202$7,352$3,893$1,987$988$376
50 years$12,790$7,023$3,660$1,836$898$333

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $13,100,000, adding $5,587 every year, while hoping to spend $36,339 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: 49/32/19 Blend
52$13,100,000$13,100,000$13,100,000$13,100,000
53$14,441,963$13,747,663$13,544,613$15,072,460
54$15,876,379$14,382,634$13,959,693$16,144,870
55$17,455,887$15,047,501$14,387,460$17,305,041
56$19,195,249$15,743,690$14,828,302$18,564,615
57$21,110,730$16,472,696$15,282,615$19,932,954
58$23,220,253$17,236,087$15,750,812$21,420,343
59$25,543,569$18,035,505$16,233,314$23,038,081
60$28,102,441$18,872,673$16,730,558$24,798,585
61$30,920,850$19,749,394$17,242,992$26,715,498
62$34,025,225$20,667,562$17,771,080$28,803,815
63$37,444,684$21,629,159$18,315,298$31,080,022
64$41,211,319$22,636,265$18,876,137$33,562,239
65$45,360,489$23,691,058$19,454,103$36,270,393
66$49,931,161$24,795,822$20,049,718$39,226,393
67$54,966,276$25,952,953$20,663,520$42,454,336
68$60,513,148$27,164,961$21,296,060$45,980,724
69$66,623,922$28,434,476$21,947,911$49,834,707
70$73,356,056$29,764,259$22,619,659$54,048,353
71$80,772,866$31,157,201$23,311,911$58,656,943
72$88,944,128$32,616,333$24,025,289$63,699,294
73$97,946,730$34,144,834$24,760,438$69,218,117
74$107,865,402$35,746,036$25,518,018$75,260,413
75$118,793,514$37,423,433$26,298,712$81,877,907
76$130,833,957$39,180,686$27,103,224$89,127,527
77$144,100,116$41,021,635$27,932,277$97,071,927
78$158,716,937$42,950,304$28,786,618$105,780,076
79$174,822,111$44,970,915$29,667,015$115,327,890
80$192,567,367$47,087,891$30,574,261$125,798,942
81$212,119,912$49,305,871$31,509,173$137,285,237
82$233,664,003$51,629,719$32,472,589$149,888,069
83$257,402,688$54,064,532$33,465,378$163,718,960
84$283,559,726$56,615,658$34,488,432$178,900,707
85$312,381,693$59,288,700$35,542,670$195,568,517
86$344,140,316$62,089,536$36,629,039$213,871,277
87$379,135,032$65,024,327$37,748,516$233,972,938
88$417,695,820$68,099,534$38,902,106$256,054,046
89$460,186,312$71,321,930$40,090,845$280,313,434
90$507,007,228$74,698,617$41,315,801$306,970,077
91$558,600,158$78,237,042$42,578,073$336,265,140
92$615,451,730$81,945,013$43,878,794$368,464,236
93$678,098,205$85,830,717$45,219,132$403,859,913
94$747,130,538$89,902,737$46,600,288$442,774,393
95$823,199,957$94,170,076$48,023,503$485,562,591
96$907,024,113$98,642,171$49,490,051$532,615,443
97$999,393,853$103,328,917$51,001,248$584,363,571
98$1,101,180,685$108,240,693$52,558,448$641,281,322
99$1,213,345,006$113,388,378$54,163,048$703,891,218
100$1,336,945,171$118,783,383$55,816,484$772,768,861