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%18.1%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,041,216
2 years$551,890$541,611$531,650$521,992$512,623$477,403
3 years$364,272$353,949$344,013$334,445$325,229$291,187
4 years$270,481$260,190$250,353$240,949$231,956$199,353
5 years$214,222$203,992$194,284$185,072$176,329$145,252
6 years$176,727$166,575$157,011$148,003$139,524$109,998
7 years$149,956$139,889$130,477$121,682$113,470$85,492
8 years$129,887$119,911$110,654$102,076$94,134$67,684
9 years$114,286$104,404$95,307$86,946$79,275$54,321
10 years$101,812$92,027$83,091$74,948$67,546$44,050
11 years$91,613$81,926$73,152$65,227$58,092$36,009
12 years$83,120$73,533$64,920$57,213$50,341$29,623
13 years$75,940$66,452$58,002$50,511$43,898$24,493
14 years$69,790$60,403$52,115$44,838$38,481$20,334
15 years$64,465$55,179$47,053$39,987$33,882$16,937
16 years$59,810$50,626$42,660$35,804$29,945$14,147
17 years$55,707$46,625$38,819$32,170$26,551$11,842
18 years$52,064$43,083$35,437$28,992$23,608$9,932
19 years$48,809$39,929$32,441$26,196$21,042$8,342
20 years$45,882$37,104$29,772$23,726$18,795$7,016
21 years$43,238$34,561$27,385$21,533$16,820$5,907
22 years$40,837$32,261$25,239$19,578$15,077$4,978
23 years$38,649$30,173$23,304$17,830$13,534$4,198
24 years$36,645$28,271$21,552$16,262$12,164$3,542
25 years$34,805$26,531$19,962$14,852$10,946$2,991
26 years$33,109$24,934$18,514$13,580$9,860$2,526
27 years$31,542$23,466$17,192$12,430$8,889$2,135
28 years$30,089$22,112$15,982$11,388$8,021$1,805
29 years$28,738$20,860$14,872$10,443$7,243$1,526
30 years$27,480$19,700$13,853$9,584$6,544$1,290
31 years$26,306$18,623$12,915$8,802$5,917$1,091
32 years$25,207$17,621$12,050$8,090$5,352$923
33 years$24,177$16,688$11,251$7,439$4,844$781
34 years$23,209$15,816$10,512$6,845$4,385$661
35 years$22,299$15,001$9,828$6,301$3,972$559
36 years$21,441$14,239$9,194$5,803$3,599$473
37 years$20,632$13,523$8,605$5,347$3,262$401
38 years$19,867$12,852$8,059$4,928$2,957$339
39 years$19,143$12,221$7,550$4,544$2,682$287
40 years$18,457$11,627$7,077$4,191$2,432$243
41 years$17,806$11,068$6,636$3,867$2,207$206
42 years$17,187$10,541$6,224$3,569$2,002$174
43 years$16,600$10,043$5,841$3,294$1,817$148
44 years$16,040$9,573$5,483$3,042$1,649$125
45 years$15,507$9,129$5,148$2,809$1,497$106
46 years$14,998$8,709$4,835$2,595$1,360$90
47 years$14,513$8,311$4,543$2,397$1,235$76
48 years$14,049$7,934$4,269$2,215$1,121$64
49 years$13,605$7,576$4,012$2,047$1,018$54
50 years$13,181$7,237$3,772$1,892$925$46

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 $6,005 every year, while hoping to spend $41,512 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: 71/9/20 Blend
52$13,500,000$13,500,000$13,500,000$13,500,000
53$14,883,194$14,167,694$13,958,444$15,867,174
54$16,357,112$14,817,743$14,381,884$17,173,499
55$17,979,977$15,498,252$14,818,117$18,597,794
56$19,766,940$16,210,672$15,267,529$20,156,222
57$21,734,693$16,956,520$15,730,516$21,862,070
58$23,901,629$17,737,387$16,207,486$23,729,963
59$26,288,018$18,554,942$16,698,860$25,776,006
60$28,916,194$19,410,932$17,205,069$28,017,926
61$31,810,768$20,307,190$17,726,561$30,475,247
62$34,998,860$21,245,635$18,263,795$33,169,463
63$38,510,354$22,228,282$18,817,242$36,124,244
64$42,378,181$23,257,239$19,387,391$39,365,657
65$46,638,629$24,334,718$19,974,743$42,922,406
66$51,331,687$25,463,036$20,579,814$46,826,104
67$56,501,417$26,644,623$21,203,136$51,111,567
68$62,196,378$27,882,026$21,845,257$55,817,142
69$68,470,077$29,177,913$22,506,741$60,985,062
70$75,381,477$30,535,084$23,188,170$66,661,847
71$82,995,556$31,956,471$23,890,142$72,898,736
72$91,383,913$33,445,148$24,613,272$79,752,169
73$100,625,451$35,004,340$25,358,195$87,284,315
74$110,807,118$36,637,423$26,125,566$95,563,659
75$122,024,728$38,347,941$26,916,056$104,665,642
76$134,383,866$40,139,605$27,730,360$114,673,369
77$148,000,883$42,016,309$28,569,189$125,678,391
78$163,003,996$43,982,131$29,433,281$137,781,565
79$179,534,498$46,041,350$30,323,390$151,094,002
80$197,748,091$48,198,450$31,240,297$165,738,109
81$217,816,353$50,458,131$32,184,805$181,848,746
82$239,928,364$52,825,323$33,157,739$199,574,486
83$264,292,485$55,305,191$34,159,950$219,079,020
84$291,138,326$57,903,153$35,192,316$240,542,692
85$320,718,915$60,624,887$36,255,738$264,164,200
86$353,313,085$63,476,347$37,351,147$290,162,461
87$389,228,107$66,463,776$38,479,497$318,778,680
88$428,802,589$69,593,716$39,641,776$350,278,610
89$472,409,675$72,873,030$40,838,997$384,955,066
90$520,460,565$76,308,911$42,072,206$423,130,672
91$573,408,395$79,908,901$43,342,478$465,160,909
92$631,752,521$83,680,907$44,650,921$511,437,457
93$696,043,227$87,633,220$45,998,675$562,391,887
94$766,886,922$91,774,533$47,386,916$618,499,731
95$844,951,862$96,113,959$48,816,852$680,284,956
96$930,974,465$100,661,056$50,289,729$748,324,911
97$1,025,766,254$105,425,842$51,806,830$823,255,758
98$1,130,221,527$110,418,823$53,369,473$905,778,479
99$1,245,325,791$115,651,014$54,979,019$996,665,477
100$1,372,165,073$121,133,965$56,636,867$1,096,767,860