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

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 $13,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,038,913
2 years$547,802$537,599$527,712$518,125$508,826$479,203
3 years$361,573$351,327$341,464$331,968$322,820$294,124
4 years$268,478$258,263$248,499$239,164$230,238$202,689
5 years$212,635$202,481$192,845$183,701$175,023$148,698
6 years$175,418$165,341$155,848$146,907$138,490$113,412
7 years$148,845$138,853$129,510$120,780$112,629$88,800
8 years$128,925$119,023$109,835$101,320$93,437$70,843
9 years$113,439$103,631$94,601$86,302$78,687$57,308
10 years$101,058$91,345$82,475$74,393$67,046$46,852
11 years$90,935$81,319$72,610$64,744$57,661$38,622
12 years$82,505$72,988$64,439$56,789$49,968$32,047
13 years$75,377$65,960$57,572$50,137$43,573$26,731
14 years$69,273$59,956$51,729$44,506$38,196$22,393
15 years$63,987$54,771$46,704$39,691$33,631$18,825
16 years$59,367$50,251$42,344$35,539$29,723$15,871
17 years$55,295$46,279$38,532$31,932$26,354$13,413
18 years$51,679$42,764$35,174$28,777$23,433$11,358
19 years$48,447$39,633$32,200$26,002$20,887$9,634
20 years$45,542$36,829$29,552$23,550$18,656$8,183
21 years$42,918$34,305$27,182$21,373$16,695$6,959
22 years$40,535$32,022$25,053$19,433$14,965$5,924
23 years$38,362$29,950$23,132$17,698$13,433$5,048
24 years$36,374$28,061$21,393$16,142$12,074$4,304
25 years$34,547$26,334$19,814$14,742$10,865$3,672
26 years$32,864$24,750$18,376$13,479$9,787$3,134
27 years$31,308$23,292$17,064$12,338$8,824$2,676
28 years$29,866$21,948$15,863$11,304$7,962$2,286
29 years$28,525$20,706$14,762$10,366$7,189$1,954
30 years$27,277$19,554$13,750$9,513$6,496$1,670
31 years$26,111$18,485$12,819$8,737$5,873$1,428
32 years$25,020$17,491$11,960$8,030$5,312$1,221
33 years$23,997$16,564$11,168$7,384$4,808$1,044
34 years$23,037$15,699$10,434$6,794$4,353$893
35 years$22,134$14,890$9,755$6,254$3,943$764
36 years$21,282$14,133$9,126$5,760$3,572$654
37 years$20,479$13,423$8,542$5,307$3,238$560
38 years$19,720$12,757$7,999$4,892$2,935$479
39 years$19,001$12,130$7,494$4,510$2,662$410
40 years$18,320$11,541$7,024$4,160$2,414$351
41 years$17,674$10,986$6,586$3,838$2,190$300
42 years$17,060$10,463$6,178$3,542$1,987$257
43 years$16,477$9,969$5,798$3,270$1,804$220
44 years$15,921$9,502$5,442$3,019$1,637$188
45 years$15,392$9,061$5,110$2,788$1,486$161
46 years$14,887$8,644$4,799$2,576$1,350$138
47 years$14,405$8,249$4,509$2,380$1,225$118
48 years$13,945$7,875$4,237$2,199$1,113$101
49 years$13,504$7,520$3,983$2,032$1,011$87
50 years$13,083$7,184$3,744$1,878$918$74

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 $5,587 every year, while hoping to spend $34,090 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: 73/16/11 Blend
52$13,400,000$13,400,000$13,400,000$13,400,000
53$14,772,563$14,062,363$13,854,663$15,818,735
54$16,243,093$14,715,147$14,282,523$17,163,536
55$17,862,474$15,398,775$14,723,573$18,631,243
56$19,645,854$16,114,723$15,178,220$20,237,853
57$21,609,923$16,864,536$15,646,882$21,997,101
58$23,773,073$17,649,836$16,129,991$23,924,103
59$26,155,571$18,472,322$16,627,990$26,035,500
60$28,779,749$19,333,776$17,141,338$28,349,608
61$31,670,217$20,236,065$17,670,506$30,886,591
62$34,854,094$21,181,147$18,215,982$33,668,649
63$38,361,261$22,171,073$18,778,268$36,720,224
64$42,224,650$23,207,995$19,357,879$40,068,225
65$46,480,545$24,294,168$19,955,350$43,742,284
66$51,168,936$25,431,957$20,571,229$47,775,027
67$56,333,884$26,623,840$21,206,082$52,202,382
68$62,023,947$27,872,415$21,860,492$57,063,915
69$68,292,632$29,180,406$22,535,062$62,403,195
70$75,198,905$30,550,670$23,230,410$68,268,207
71$82,807,740$31,986,200$23,947,176$74,711,797
72$91,190,741$33,490,135$24,686,018$81,792,168
73$100,426,811$35,065,766$25,447,614$89,573,425
74$110,602,901$36,716,544$26,232,664$98,126,174
75$121,814,827$38,446,085$27,041,889$107,528,186
76$134,168,178$40,258,182$27,876,031$117,865,123
77$147,779,311$42,156,811$28,735,856$129,231,344
78$162,776,448$44,146,142$29,622,154$141,730,789
79$179,300,887$46,230,545$30,535,738$155,477,954
80$197,508,338$48,414,602$31,477,446$170,598,964
81$217,570,391$50,703,119$32,448,143$187,232,761
82$239,676,133$53,101,134$33,448,718$205,532,406
83$264,033,938$55,613,929$34,480,089$225,666,519
84$290,873,430$58,247,043$35,543,203$247,820,860
85$320,447,654$61,006,281$36,639,034$272,200,079
86$353,035,460$63,897,735$37,768,587$299,029,638
87$388,944,140$66,927,787$38,932,898$328,557,928
88$428,512,326$70,103,132$40,133,033$361,058,611
89$472,113,187$73,430,789$41,370,094$396,833,191
90$520,157,953$76,918,119$42,645,213$436,213,850
91$573,099,795$80,572,838$43,959,559$479,566,574
92$631,438,106$84,403,039$45,314,336$527,294,600
93$695,723,212$88,417,207$46,710,785$579,842,209
94$766,561,569$92,624,239$48,150,186$637,698,909
95$844,621,488$97,033,466$49,633,856$701,404,047
96$930,639,444$101,654,670$51,163,154$771,551,883
97$1,025,427,027$106,498,109$52,739,480$848,797,192
98$1,129,878,609$111,574,541$54,364,278$933,861,428
99$1,244,979,780$116,895,247$56,039,034$1,027,539,522
100$1,371,816,658$122,472,054$57,765,281$1,130,707,373