Can I retire at age 53 with 13,600,000?

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 $13,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,056,551
2 years$555,978$545,623$535,588$525,858$516,421$488,466
3 years$366,970$356,571$346,561$336,922$327,638$300,535
4 years$272,485$262,117$252,208$242,734$233,674$207,631
5 years$215,808$205,503$195,723$186,443$177,636$152,724
6 years$178,036$167,809$158,174$149,100$140,557$116,802
7 years$151,067$140,926$131,443$122,583$114,310$91,713
8 years$130,849$120,799$111,474$102,832$94,832$73,382
9 years$115,133$105,177$96,013$87,590$79,862$59,542
10 years$102,567$92,709$83,706$75,503$68,046$48,830
11 years$92,292$82,533$73,693$65,711$58,522$40,382
12 years$83,736$74,077$65,401$57,637$50,714$33,617
13 years$76,502$66,944$58,431$50,885$44,224$28,136
14 years$70,307$60,850$52,501$45,170$38,766$23,651
15 years$64,942$55,588$47,401$40,284$34,133$19,952
16 years$60,253$51,001$42,976$36,070$30,167$16,882
17 years$56,120$46,970$39,107$32,408$26,748$14,319
18 years$52,450$43,402$35,699$29,206$23,783$12,170
19 years$49,170$40,225$32,681$26,390$21,198$10,362
20 years$46,222$37,379$29,993$23,902$18,935$8,835
21 years$43,558$34,817$27,588$21,692$16,944$7,543
22 years$41,140$32,500$25,426$19,723$15,188$6,446
23 years$38,935$30,397$23,477$17,962$13,634$5,514
24 years$36,917$28,480$21,712$16,383$12,254$4,720
25 years$35,063$26,727$20,110$14,962$11,027$4,043
26 years$33,354$25,119$18,651$13,680$9,933$3,465
27 years$31,775$23,640$17,319$12,522$8,955$2,971
28 years$30,311$22,276$16,100$11,473$8,080$2,548
29 years$28,951$21,015$14,983$10,521$7,296$2,186
30 years$27,684$19,846$13,956$9,655$6,593$1,877
31 years$26,500$18,761$13,010$8,868$5,961$1,611
32 years$25,393$17,752$12,139$8,150$5,392$1,384
33 years$24,356$16,811$11,334$7,494$4,880$1,188
34 years$23,381$15,933$10,590$6,895$4,418$1,021
35 years$22,464$15,113$9,901$6,348$4,001$877
36 years$21,600$14,344$9,262$5,846$3,625$754
37 years$20,785$13,624$8,669$5,386$3,286$648
38 years$20,014$12,947$8,118$4,965$2,979$556
39 years$19,284$12,311$7,606$4,578$2,701$478
40 years$18,593$11,713$7,129$4,222$2,450$411
41 years$17,938$11,150$6,685$3,896$2,223$353
42 years$17,315$10,619$6,271$3,595$2,017$304
43 years$16,723$10,118$5,884$3,319$1,831$261
44 years$16,159$9,644$5,523$3,064$1,662$224
45 years$15,622$9,197$5,186$2,830$1,509$193
46 years$15,109$8,773$4,871$2,614$1,370$166
47 years$14,620$8,372$4,576$2,415$1,244$143
48 years$14,153$7,993$4,300$2,232$1,129$123
49 years$13,706$7,632$4,042$2,062$1,026$105
50 years$13,278$7,291$3,800$1,906$932$91

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $13,600,000, adding $5,498 every year, while hoping to spend $29,084 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: 74/21/5 Blend
52$13,600,000$13,600,000$13,600,000$13,600,000
53$14,992,871$14,272,071$14,061,271$16,096,501
54$16,491,199$14,940,458$14,501,379$17,491,541
55$18,141,381$15,640,620$14,955,255$19,015,010
56$19,958,877$16,374,085$15,423,331$20,682,992
57$21,960,720$17,142,453$15,906,050$22,509,753
58$24,165,681$17,947,400$16,403,870$24,510,995
59$26,594,444$18,790,687$16,917,264$26,703,997
60$29,269,803$19,674,157$17,446,718$29,107,778
61$32,216,875$20,599,742$17,992,734$31,743,271
62$35,463,337$21,569,470$18,555,832$34,633,521
63$39,039,688$22,585,465$19,136,543$37,803,895
64$42,979,539$23,649,956$19,735,420$41,282,321
65$47,319,926$24,765,277$20,353,030$45,099,545
66$52,101,661$25,933,878$20,989,959$49,289,418
67$57,369,718$27,158,326$21,646,811$53,889,214
68$63,173,659$28,441,313$22,324,208$58,939,973
69$69,568,096$29,785,662$23,022,794$64,486,886
70$76,613,214$31,194,332$23,743,230$70,579,719
71$84,375,334$32,670,425$24,486,199$77,273,274
72$92,927,537$34,217,196$25,252,406$84,627,901
73$102,350,362$35,838,055$26,042,578$92,710,067
74$112,732,558$37,536,579$26,857,464$101,592,971
75$124,171,926$39,316,517$27,697,835$111,357,233
76$136,776,239$41,181,804$28,564,490$122,091,651
77$150,664,264$43,136,560$29,458,248$133,894,024
78$165,966,878$45,185,111$30,379,959$146,872,078
79$182,828,306$47,331,988$31,330,494$161,144,470
80$201,407,484$49,581,946$32,310,756$176,841,901
81$221,879,555$51,939,969$33,321,674$194,108,344
82$244,437,524$54,411,283$34,364,205$213,102,393
83$269,294,084$57,001,368$35,439,339$233,998,751
84$296,683,617$59,715,971$36,548,093$256,989,871
85$326,864,410$62,561,118$37,691,518$282,287,765
86$360,121,095$65,543,128$38,870,699$310,125,990
87$396,767,332$68,668,627$40,086,753$340,761,849
88$437,148,773$71,944,562$41,340,832$374,478,804
89$481,646,322$75,378,220$42,634,124$411,589,142
90$530,679,736$78,977,241$43,967,856$452,436,911
91$584,711,580$82,749,637$45,343,290$497,401,156
92$644,251,602$86,703,810$46,761,731$546,899,484
93$709,861,538$90,848,570$48,224,522$601,391,991
94$782,160,420$95,193,155$49,733,049$661,385,591
95$861,830,418$99,747,255$51,288,741$727,438,789
96$949,623,279$104,521,029$52,893,072$800,166,933
97$1,046,367,426$109,525,132$54,547,563$880,248,014
98$1,152,975,777$114,770,737$56,253,780$968,429,038
99$1,270,454,365$120,269,561$58,013,339$1,065,533,072
100$1,399,911,832$126,033,892$59,827,909$1,172,466,984