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

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 $13,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,057,837
2 years$555,978$545,623$535,588$525,858$516,421$489,739
3 years$366,970$356,571$346,561$336,922$327,638$301,756
4 years$272,485$262,117$252,208$242,734$233,674$208,791
5 years$215,808$205,503$195,723$186,443$177,636$153,819
6 years$178,036$167,809$158,174$149,100$140,557$117,832
7 years$151,067$140,926$131,443$122,583$114,310$92,680
8 years$130,849$120,799$111,474$102,832$94,832$74,286
9 years$115,133$105,177$96,013$87,590$79,862$60,384
10 years$102,567$92,709$83,706$75,503$68,046$49,614
11 years$92,292$82,533$73,693$65,711$58,522$41,108
12 years$83,736$74,077$65,401$57,637$50,714$34,289
13 years$76,502$66,944$58,431$50,885$44,224$28,756
14 years$70,307$60,850$52,501$45,170$38,766$24,222
15 years$64,942$55,588$47,401$40,284$34,133$20,477
16 years$60,253$51,001$42,976$36,070$30,167$17,363
17 years$56,120$46,970$39,107$32,408$26,748$14,759
18 years$52,450$43,402$35,699$29,206$23,783$12,572
19 years$49,170$40,225$32,681$26,390$21,198$10,728
20 years$46,222$37,379$29,993$23,902$18,935$9,168
21 years$43,558$34,817$27,588$21,692$16,944$7,845
22 years$41,140$32,500$25,426$19,723$15,188$6,720
23 years$38,935$30,397$23,477$17,962$13,634$5,762
24 years$36,917$28,480$21,712$16,383$12,254$4,944
25 years$35,063$26,727$20,110$14,962$11,027$4,245
26 years$33,354$25,119$18,651$13,680$9,933$3,647
27 years$31,775$23,640$17,319$12,522$8,955$3,134
28 years$30,311$22,276$16,100$11,473$8,080$2,695
29 years$28,951$21,015$14,983$10,521$7,296$2,318
30 years$27,684$19,846$13,956$9,655$6,593$1,995
31 years$26,500$18,761$13,010$8,868$5,961$1,717
32 years$25,393$17,752$12,139$8,150$5,392$1,478
33 years$24,356$16,811$11,334$7,494$4,880$1,273
34 years$23,381$15,933$10,590$6,895$4,418$1,096
35 years$22,464$15,113$9,901$6,348$4,001$944
36 years$21,600$14,344$9,262$5,846$3,625$813
37 years$20,785$13,624$8,669$5,386$3,286$700
38 years$20,014$12,947$8,118$4,965$2,979$604
39 years$19,284$12,311$7,606$4,578$2,701$520
40 years$18,593$11,713$7,129$4,222$2,450$448
41 years$17,938$11,150$6,685$3,896$2,223$386
42 years$17,315$10,619$6,271$3,595$2,017$333
43 years$16,723$10,118$5,884$3,319$1,831$287
44 years$16,159$9,644$5,523$3,064$1,662$247
45 years$15,622$9,197$5,186$2,830$1,509$213
46 years$15,109$8,773$4,871$2,614$1,370$184
47 years$14,620$8,372$4,576$2,415$1,244$158
48 years$14,153$7,993$4,300$2,232$1,129$136
49 years$13,706$7,632$4,042$2,062$1,026$118
50 years$13,278$7,291$3,800$1,906$932$101

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 $2,173 every year, while hoping to spend $54,716 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: 76/12/12 Blend
52$13,600,000$13,600,000$13,600,000$13,600,000
53$14,989,441$14,268,641$14,057,841$16,093,351
54$16,460,147$14,909,587$14,470,562$17,462,250
55$18,079,031$15,580,106$14,895,274$18,955,335
56$19,861,149$16,281,588$15,332,323$20,590,566
57$21,823,092$17,015,492$15,782,062$22,382,063
58$23,983,141$17,783,345$16,244,854$24,345,376
59$26,361,439$18,586,746$16,721,074$26,497,622
60$28,980,181$19,427,372$17,211,106$28,857,650
61$31,863,826$20,306,980$17,715,345$31,446,215
62$35,039,325$21,227,410$18,234,197$34,286,170
63$38,536,374$22,190,592$18,768,081$37,402,681
64$42,387,698$23,198,544$19,317,425$40,823,465
65$46,629,356$24,253,386$19,882,672$44,579,042
66$51,301,084$25,357,336$20,464,275$48,703,029
67$56,446,668$26,512,718$21,062,702$53,232,447
68$62,114,357$27,721,970$21,678,431$58,208,073
69$68,357,319$28,987,644$22,311,955$63,674,819
70$75,234,143$30,312,416$22,963,783$69,682,154
71$82,809,390$31,699,089$23,634,435$76,284,567
72$91,154,206$33,150,603$24,324,447$83,542,081
73$100,346,989$34,670,036$25,034,370$91,520,811
74$110,474,129$36,260,615$25,764,769$100,293,589
75$121,630,828$37,925,723$26,516,226$109,940,645
76$133,921,993$39,668,904$27,289,340$120,550,362
77$147,463,229$41,493,872$28,084,725$132,220,106
78$162,381,928$43,404,522$28,903,013$145,057,138
79$178,818,474$45,404,933$29,744,853$159,179,629
80$196,927,565$47,499,382$30,610,913$174,717,761
81$216,879,677$49,692,352$31,501,879$191,814,961
82$238,862,667$51,988,540$32,418,455$210,629,244
83$263,083,553$54,392,872$33,361,367$231,334,699
84$289,770,460$56,910,508$34,331,358$254,123,130
85$319,174,783$59,546,858$35,329,194$279,205,860
86$351,573,549$62,307,593$36,355,661$306,815,718
87$387,272,043$65,198,657$37,411,567$337,209,234
88$426,606,680$68,226,280$38,497,743$370,669,050
89$469,948,186$71,396,992$39,615,041$407,506,584
90$517,705,095$74,717,639$40,764,340$448,064,965
91$570,327,608$78,195,397$41,946,539$492,722,258
92$628,311,841$81,837,787$43,162,564$541,895,033
93$692,204,506$85,652,696$44,413,367$596,042,284
94$762,608,075$89,648,388$45,699,925$655,669,756
95$840,186,468$93,833,529$47,023,242$721,334,709
96$925,671,317$98,217,201$48,384,350$793,651,173
97$1,019,868,874$102,808,926$49,784,308$873,295,730
98$1,123,667,623$107,618,687$51,224,206$961,013,895
99$1,238,046,666$112,656,949$52,705,163$1,057,627,143
100$1,364,084,968$117,934,680$54,228,327$1,164,040,653