Can I retire at age 53 with 13,500,000?

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 $13,500,000?

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$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,065,267
2 years$551,890$541,611$531,650$521,992$512,623$501,302
3 years$364,272$353,949$344,013$334,445$325,229$314,180
4 years$270,481$260,190$250,353$240,949$231,956$221,264
5 years$214,222$203,992$194,284$185,072$176,329$166,026
6 years$176,727$166,575$157,011$148,003$139,524$129,621
7 years$149,956$139,889$130,477$121,682$113,470$103,973
8 years$129,887$119,911$110,654$102,076$94,134$85,043
9 years$114,286$104,404$95,307$86,946$79,275$70,585
10 years$101,812$92,027$83,091$74,948$67,546$59,252
11 years$91,613$81,926$73,152$65,227$58,092$50,187
12 years$83,120$73,533$64,920$57,213$50,341$42,818
13 years$75,940$66,452$58,002$50,511$43,898$36,747
14 years$69,790$60,403$52,115$44,838$38,481$31,692
15 years$64,465$55,179$47,053$39,987$33,882$27,445
16 years$59,810$50,626$42,660$35,804$29,945$23,850
17 years$55,707$46,625$38,819$32,170$26,551$20,786
18 years$52,064$43,083$35,437$28,992$23,608$18,161
19 years$48,809$39,929$32,441$26,196$21,042$15,903
20 years$45,882$37,104$29,772$23,726$18,795$13,950
21 years$43,238$34,561$27,385$21,533$16,820$12,258
22 years$40,837$32,261$25,239$19,578$15,077$10,785
23 years$38,649$30,173$23,304$17,830$13,534$9,502
24 years$36,645$28,271$21,552$16,262$12,164$8,379
25 years$34,805$26,531$19,962$14,852$10,946$7,397
26 years$33,109$24,934$18,514$13,580$9,860$6,534
27 years$31,542$23,466$17,192$12,430$8,889$5,777
28 years$30,089$22,112$15,982$11,388$8,021$5,110
29 years$28,738$20,860$14,872$10,443$7,243$4,523
30 years$27,480$19,700$13,853$9,584$6,544$4,006
31 years$26,306$18,623$12,915$8,802$5,917$3,549
32 years$25,207$17,621$12,050$8,090$5,352$3,145
33 years$24,177$16,688$11,251$7,439$4,844$2,788
34 years$23,209$15,816$10,512$6,845$4,385$2,473
35 years$22,299$15,001$9,828$6,301$3,972$2,193
36 years$21,441$14,239$9,194$5,803$3,599$1,946
37 years$20,632$13,523$8,605$5,347$3,262$1,727
38 years$19,867$12,852$8,059$4,928$2,957$1,533
39 years$19,143$12,221$7,550$4,544$2,682$1,361
40 years$18,457$11,627$7,077$4,191$2,432$1,208
41 years$17,806$11,068$6,636$3,867$2,207$1,073
42 years$17,187$10,541$6,224$3,569$2,002$953
43 years$16,600$10,043$5,841$3,294$1,817$846
44 years$16,040$9,573$5,483$3,042$1,649$752
45 years$15,507$9,129$5,148$2,809$1,497$668
46 years$14,998$8,709$4,835$2,595$1,360$593
47 years$14,513$8,311$4,543$2,397$1,235$527
48 years$14,049$7,934$4,269$2,215$1,121$468
49 years$13,605$7,576$4,012$2,047$1,018$416
50 years$13,181$7,237$3,772$1,892$925$370

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $13,500,000, adding $4,409 every year, while hoping to spend $37,030 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: 36/38/26 Blend
52$13,500,000$13,500,000$13,500,000$13,500,000
53$14,881,548$14,166,048$13,956,798$15,300,718
54$16,360,066$14,820,785$14,384,951$16,266,130
55$17,988,152$15,506,362$14,826,206$17,303,959
56$19,781,023$16,224,253$15,280,963$18,423,672
57$21,755,446$16,976,000$15,749,634$19,632,647
58$23,929,898$17,763,221$16,232,643$20,938,974
59$26,324,739$18,587,610$16,730,428$22,351,524
60$28,962,404$19,450,945$17,243,440$23,880,025
61$31,867,617$20,355,089$17,772,142$25,535,154
62$35,067,619$21,301,993$18,317,014$27,328,625
63$38,592,431$22,293,706$18,878,549$29,273,297
64$42,475,133$23,332,371$19,457,254$31,383,284
65$46,752,178$24,420,239$20,053,654$33,674,087
66$51,463,736$25,559,667$20,668,287$36,162,724
67$56,654,072$26,753,126$21,301,710$38,867,894
68$62,371,966$28,003,207$21,954,495$41,810,133
69$68,671,168$29,312,626$22,627,233$45,012,007
70$75,610,913$30,684,230$23,320,531$48,498,314
71$83,256,473$32,121,005$24,035,016$52,296,308
72$91,679,778$33,626,079$24,771,334$56,435,944
73$100,960,091$35,202,732$25,530,149$60,950,156
74$111,184,759$36,854,404$26,312,147$65,875,150
75$122,450,035$38,584,701$27,118,035$71,250,738
76$134,861,988$40,397,401$27,948,539$77,120,705
77$148,537,506$42,296,468$28,804,410$83,533,201
78$163,605,393$44,286,057$29,686,420$90,541,190
79$180,207,593$46,370,524$30,595,364$98,202,934
80$198,500,522$48,554,434$31,532,063$106,582,528
81$218,656,550$50,842,576$32,497,362$115,750,491
82$240,865,626$53,239,970$33,492,132$125,784,412
83$265,337,069$55,751,878$34,517,268$136,769,674
84$292,301,550$58,383,819$35,573,696$148,800,235
85$322,013,260$61,141,579$36,662,367$161,979,501
86$354,752,319$64,031,222$37,784,262$176,421,283
87$390,827,413$67,059,110$38,940,393$192,250,850
88$430,578,714$70,231,911$40,131,801$209,606,092
89$474,381,084$73,556,616$41,359,558$228,638,801
90$522,647,622$77,040,558$42,624,770$249,516,081
91$575,833,556$80,691,421$43,928,576$272,421,901
92$634,440,546$84,517,268$45,272,150$297,558,807
93$699,021,415$88,526,548$46,656,701$325,149,809
94$770,185,373$92,728,122$48,083,474$355,440,461
95$848,603,763$97,131,282$49,553,753$388,701,146
96$935,016,403$101,745,771$51,068,860$425,229,604
97$1,030,238,567$106,581,804$52,630,157$465,353,709
98$1,135,168,681$111,650,094$54,239,048$509,434,532
99$1,250,796,810$116,961,871$55,896,979$557,869,717
100$1,378,213,996$122,528,915$57,605,440$611,097,200