Can I retire at age 53 with 13,400,000?

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 $13,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,034,330
2 years$547,802$537,599$527,712$518,125$508,826$474,681
3 years$361,573$351,327$341,464$331,968$322,820$289,806
4 years$268,478$258,263$248,499$239,164$230,238$198,608
5 years$212,635$202,481$192,845$183,701$175,023$144,862
6 years$175,418$165,341$155,848$146,907$138,490$109,823
7 years$148,845$138,853$129,510$120,780$112,629$85,453
8 years$128,925$119,023$109,835$101,320$93,437$67,733
9 years$113,439$103,631$94,601$86,302$78,687$54,427
10 years$101,058$91,345$82,475$74,393$67,046$44,191
11 years$90,935$81,319$72,610$64,744$57,661$36,171
12 years$82,505$72,988$64,439$56,789$49,968$29,796
13 years$75,377$65,960$57,572$50,137$43,573$24,669
14 years$69,273$59,956$51,729$44,506$38,196$20,509
15 years$63,987$54,771$46,704$39,691$33,631$17,108
16 years$59,367$50,251$42,344$35,539$29,723$14,309
17 years$55,295$46,279$38,532$31,932$26,354$11,996
18 years$51,679$42,764$35,174$28,777$23,433$10,076
19 years$48,447$39,633$32,200$26,002$20,887$8,476
20 years$45,542$36,829$29,552$23,550$18,656$7,140
21 years$42,918$34,305$27,182$21,373$16,695$6,020
22 years$40,535$32,022$25,053$19,433$14,965$5,081
23 years$38,362$29,950$23,132$17,698$13,433$4,292
24 years$36,374$28,061$21,393$16,142$12,074$3,628
25 years$34,547$26,334$19,814$14,742$10,865$3,068
26 years$32,864$24,750$18,376$13,479$9,787$2,595
27 years$31,308$23,292$17,064$12,338$8,824$2,197
28 years$29,866$21,948$15,863$11,304$7,962$1,860
29 years$28,525$20,706$14,762$10,366$7,189$1,575
30 years$27,277$19,554$13,750$9,513$6,496$1,334
31 years$26,111$18,485$12,819$8,737$5,873$1,130
32 years$25,020$17,491$11,960$8,030$5,312$958
33 years$23,997$16,564$11,168$7,384$4,808$812
34 years$23,037$15,699$10,434$6,794$4,353$688
35 years$22,134$14,890$9,755$6,254$3,943$583
36 years$21,282$14,133$9,126$5,760$3,572$495
37 years$20,479$13,423$8,542$5,307$3,238$419
38 years$19,720$12,757$7,999$4,892$2,935$355
39 years$19,001$12,130$7,494$4,510$2,662$301
40 years$18,320$11,541$7,024$4,160$2,414$256
41 years$17,674$10,986$6,586$3,838$2,190$217
42 years$17,060$10,463$6,178$3,542$1,987$184
43 years$16,477$9,969$5,798$3,270$1,804$156
44 years$15,921$9,502$5,442$3,019$1,637$132
45 years$15,392$9,061$5,110$2,788$1,486$112
46 years$14,887$8,644$4,799$2,576$1,350$95
47 years$14,405$8,249$4,509$2,380$1,225$81
48 years$13,945$7,875$4,237$2,199$1,113$68
49 years$13,504$7,520$3,983$2,032$1,011$58
50 years$13,083$7,184$3,744$1,878$918$49

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $13,400,000, adding $2,723 every year, while hoping to spend $39,518 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: 27/50/23 Blend
52$13,400,000$13,400,000$13,400,000$13,400,000
53$14,769,609$14,059,409$13,851,709$15,061,162
54$16,234,062$14,706,273$14,273,694$15,939,164
55$17,846,565$15,383,509$14,708,492$16,877,591
56$19,622,177$16,092,563$15,156,489$17,884,378
57$21,577,492$16,834,952$15,618,084$18,965,353
58$23,730,796$17,612,265$16,093,690$20,126,888
59$26,102,238$18,426,166$16,583,728$21,375,952
60$28,714,020$19,278,401$17,088,637$22,720,171
61$31,590,608$20,170,801$17,608,864$24,167,891
62$34,758,962$21,105,283$18,144,874$25,728,249
63$38,248,792$22,083,857$18,697,142$27,411,254
64$42,092,833$23,108,630$19,266,161$29,227,866
65$46,327,160$24,181,811$19,852,435$31,190,100
66$50,991,525$25,305,715$20,456,487$33,311,120
67$56,129,734$26,482,769$21,078,853$35,605,362
68$61,790,059$27,715,516$21,720,086$38,088,653
69$68,025,691$29,006,623$22,380,756$40,778,356
70$74,895,249$30,358,885$23,061,449$43,693,516
71$82,463,327$31,775,233$23,762,769$46,855,033
72$90,801,105$33,258,737$24,485,340$50,285,846
73$99,987,021$34,812,619$25,229,803$54,011,136
74$110,107,513$36,440,253$25,996,817$58,058,547
75$121,257,832$38,145,179$26,787,064$62,458,439
76$133,542,944$39,931,106$27,601,243$67,244,156
77$147,078,517$41,801,922$28,440,077$72,452,325
78$161,992,015$43,761,706$29,304,309$78,123,188
79$178,423,902$45,814,731$30,194,705$84,300,961
80$196,528,965$47,965,478$31,112,053$91,034,239
81$216,477,779$50,218,645$32,057,166$98,376,430
82$238,458,311$52,579,158$33,030,880$106,386,246
83$262,677,702$55,052,180$34,034,057$115,128,232
84$289,364,214$57,643,123$35,067,585$124,673,356
85$318,769,393$60,357,665$36,132,378$135,099,657
86$351,170,435$63,201,755$37,229,377$146,492,958
87$386,872,811$66,181,632$38,359,552$158,947,650
88$426,213,143$69,303,838$39,523,903$172,567,562
89$469,562,388$72,575,230$40,723,457$187,466,908
90$517,329,333$76,002,998$41,959,275$203,771,344
91$569,964,462$79,594,682$43,232,448$221,619,120
92$627,964,202$83,358,185$44,544,099$241,162,355
93$691,875,610$87,301,797$45,895,386$262,568,445
94$762,301,543$91,434,205$47,287,503$286,021,603
95$839,906,342$95,764,523$48,721,675$311,724,570
96$925,422,106$100,302,302$50,199,169$339,900,486
97$1,019,655,606$105,057,560$51,721,286$370,794,960
98$1,123,495,897$110,040,799$53,289,368$404,678,350
99$1,237,922,713$115,263,033$54,904,796$441,848,272
100$1,364,015,717$120,735,809$56,568,994$482,632,363