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

Use the below retirement simulation to view the chances of a successful retirement.
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%11.4%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,038,464
2 years$535,538$525,564$515,897$506,525$497,434$491,232
3 years$353,479$343,462$333,820$324,536$315,593$309,528
4 years$262,467$252,481$242,935$233,810$225,083$219,203
5 years$207,874$197,948$188,528$179,588$171,105$165,425
6 years$171,491$161,639$152,358$143,618$135,389$129,919
7 years$145,513$135,744$126,611$118,076$110,108$104,849
8 years$126,039$116,358$107,376$99,051$91,345$86,298
9 years$110,900$101,311$92,483$84,370$76,926$72,089
10 years$98,796$89,300$80,629$72,728$65,545$60,916
11 years$88,899$79,499$70,984$63,295$56,371$51,947
12 years$80,658$71,354$62,997$55,518$48,850$44,627
13 years$73,689$64,483$56,283$49,014$42,598$38,572
14 years$67,722$58,613$50,571$43,509$37,341$33,508
15 years$62,555$53,544$45,659$38,803$32,878$29,232
16 years$58,038$49,126$41,396$34,744$29,058$25,594
17 years$54,057$45,243$37,669$31,217$25,764$22,477
18 years$50,522$41,807$34,387$28,133$22,909$19,793
19 years$47,362$38,746$31,480$25,420$20,419$17,468
20 years$44,523$36,005$28,890$23,023$18,239$15,447
21 years$41,957$33,537$26,574$20,895$16,321$13,684
22 years$39,627$31,305$24,492$18,998$14,630$12,140
23 years$37,503$29,279$22,614$17,302$13,133$10,785
24 years$35,559$27,433$20,914$15,780$11,804$9,591
25 years$33,774$25,744$19,370$14,412$10,622$8,539
26 years$32,128$24,196$17,965$13,177$9,568$7,609
27 years$30,607$22,771$16,682$12,061$8,626$6,786
28 years$29,197$21,457$15,508$11,051$7,783$6,056
29 years$27,887$20,242$14,432$10,134$7,028$5,408
30 years$26,666$19,117$13,443$9,300$6,350$4,832
31 years$25,526$18,071$12,532$8,542$5,741$4,319
32 years$24,460$17,099$11,693$7,850$5,194$3,863
33 years$23,460$16,193$10,918$7,219$4,700$3,456
34 years$22,521$15,348$10,201$6,642$4,255$3,093
35 years$21,638$14,557$9,537$6,114$3,854$2,769
36 years$20,806$13,817$8,922$5,631$3,492$2,480
37 years$20,020$13,123$8,350$5,188$3,165$2,221
38 years$19,278$12,471$7,820$4,782$2,869$1,990
39 years$18,575$11,859$7,326$4,409$2,602$1,783
40 years$17,910$11,283$6,867$4,067$2,360$1,599
41 years$17,278$10,740$6,439$3,752$2,141$1,433
42 years$16,678$10,229$6,040$3,463$1,943$1,285
43 years$16,108$9,746$5,668$3,197$1,763$1,152
44 years$15,565$9,290$5,320$2,952$1,601$1,033
45 years$15,047$8,859$4,995$2,726$1,453$927
46 years$14,554$8,451$4,692$2,518$1,319$831
47 years$14,083$8,065$4,408$2,326$1,198$745
48 years$13,632$7,699$4,142$2,150$1,088$669
49 years$13,202$7,352$3,893$1,987$988$600
50 years$12,790$7,023$3,660$1,836$898$538

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 $3,681 every year, while hoping to spend $45,305 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: 38/40/22 Blend
52$13,100,000$13,100,000$13,100,000$13,100,000
53$14,439,997$13,745,697$13,542,647$14,893,530
54$15,864,672$14,371,032$13,948,121$15,848,128
55$17,433,146$15,025,490$14,365,661$16,874,589
56$19,160,039$15,710,450$14,795,622$17,983,014
57$21,061,458$16,427,358$15,238,371$19,180,841
58$23,155,156$17,177,727$15,694,285$20,476,224
59$25,460,692$17,963,146$16,163,754$21,878,108
60$27,999,619$18,785,277$16,647,176$23,396,308
61$30,795,688$19,645,863$17,144,965$25,041,594
62$33,875,070$20,546,732$17,657,542$26,825,789
63$37,266,602$21,489,797$18,185,345$28,761,872
64$41,002,064$22,477,065$18,728,822$30,864,094
65$45,116,472$23,510,639$19,288,435$33,148,106
66$49,648,413$24,592,722$19,864,660$35,631,100
67$54,640,410$25,725,624$20,457,984$38,331,964
68$60,139,318$26,911,766$21,068,913$41,271,448
69$66,196,771$28,153,684$21,697,964$44,472,357
70$72,869,666$29,454,039$22,345,670$47,959,755
71$80,220,702$30,815,617$23,012,580$51,761,192
72$88,318,971$32,241,340$23,699,259$55,906,956
73$97,240,610$33,734,270$24,406,288$60,430,347
74$107,069,519$35,297,616$25,134,265$65,367,981
75$117,898,153$36,934,742$25,883,806$70,760,126
76$129,828,395$38,649,175$26,655,545$76,651,073
77$142,972,518$40,444,612$27,450,132$83,089,534
78$157,454,243$42,324,926$28,268,240$90,129,097
79$173,409,908$44,294,179$29,110,557$97,828,718
80$190,989,753$46,356,628$29,977,796$106,253,258
81$210,359,341$48,516,736$30,870,685$115,474,088
82$231,701,120$50,779,182$31,789,979$125,569,744
83$255,216,141$53,148,869$32,736,450$136,626,652
84$281,125,962$55,630,938$33,710,896$148,739,930
85$309,674,735$58,230,779$34,714,136$162,014,267
86$341,131,511$60,954,040$35,747,012$176,564,893
87$375,792,782$63,806,645$36,810,394$192,518,650
88$413,985,277$66,794,801$37,905,173$210,015,167
89$456,069,047$69,925,019$39,032,269$229,208,161
90$502,440,867$73,204,121$40,192,626$250,266,861
91$553,537,974$76,639,262$41,387,218$273,377,590
92$609,842,203$80,237,942$42,617,046$298,745,495
93$671,884,529$84,008,022$43,883,138$326,596,461
94$740,250,082$87,957,746$45,186,554$357,179,217
95$815,583,671$92,095,757$46,528,385$390,767,657
96$898,595,872$96,431,115$47,909,752$427,663,400
97$990,069,731$100,973,320$49,331,808$468,198,602
98$1,090,868,161$105,732,330$50,795,742$512,739,067
99$1,201,942,088$110,718,589$52,302,774$561,687,663
100$1,324,339,424$115,943,043$53,854,160$615,488,094