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%14.1%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,066,078
2 years$555,978$545,623$535,588$525,858$516,421$497,935
3 years$366,970$356,571$346,561$336,922$327,638$309,647
4 years$272,485$262,117$252,208$242,734$233,674$216,316
5 years$215,808$205,503$195,723$186,443$177,636$160,961
6 years$178,036$167,809$158,174$149,100$140,557$124,584
7 years$151,067$140,926$131,443$122,583$114,310$99,044
8 years$130,849$120,799$111,474$102,832$94,832$80,269
9 years$115,133$105,177$96,013$87,590$79,862$65,995
10 years$102,567$92,709$83,706$75,503$68,046$54,863
11 years$92,292$82,533$73,693$65,711$58,522$46,008
12 years$83,736$74,077$65,401$57,637$50,714$38,853
13 years$76,502$66,944$58,431$50,885$44,224$32,998
14 years$70,307$60,850$52,501$45,170$38,766$28,156
15 years$64,942$55,588$47,401$40,284$34,133$24,119
16 years$60,253$51,001$42,976$36,070$30,167$20,727
17 years$56,120$46,970$39,107$32,408$26,748$17,861
18 years$52,450$43,402$35,699$29,206$23,783$15,428
19 years$49,170$40,225$32,681$26,390$21,198$13,352
20 years$46,222$37,379$29,993$23,902$18,935$11,575
21 years$43,558$34,817$27,588$21,692$16,944$10,049
22 years$41,140$32,500$25,426$19,723$15,188$8,735
23 years$38,935$30,397$23,477$17,962$13,634$7,601
24 years$36,917$28,480$21,712$16,383$12,254$6,620
25 years$35,063$26,727$20,110$14,962$11,027$5,771
26 years$33,354$25,119$18,651$13,680$9,933$5,034
27 years$31,775$23,640$17,319$12,522$8,955$4,393
28 years$30,311$22,276$16,100$11,473$8,080$3,837
29 years$28,951$21,015$14,983$10,521$7,296$3,352
30 years$27,684$19,846$13,956$9,655$6,593$2,930
31 years$26,500$18,761$13,010$8,868$5,961$2,561
32 years$25,393$17,752$12,139$8,150$5,392$2,240
33 years$24,356$16,811$11,334$7,494$4,880$1,960
34 years$23,381$15,933$10,590$6,895$4,418$1,715
35 years$22,464$15,113$9,901$6,348$4,001$1,501
36 years$21,600$14,344$9,262$5,846$3,625$1,314
37 years$20,785$13,624$8,669$5,386$3,286$1,150
38 years$20,014$12,947$8,118$4,965$2,979$1,007
39 years$19,284$12,311$7,606$4,578$2,701$882
40 years$18,593$11,713$7,129$4,222$2,450$772
41 years$17,938$11,150$6,685$3,896$2,223$676
42 years$17,315$10,619$6,271$3,595$2,017$593
43 years$16,723$10,118$5,884$3,319$1,831$519
44 years$16,159$9,644$5,523$3,064$1,662$455
45 years$15,622$9,197$5,186$2,830$1,509$398
46 years$15,109$8,773$4,871$2,614$1,370$349
47 years$14,620$8,372$4,576$2,415$1,244$306
48 years$14,153$7,993$4,300$2,232$1,129$268
49 years$13,706$7,632$4,042$2,062$1,026$235
50 years$13,278$7,291$3,800$1,906$932$206

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 $3,718 every year, while hoping to spend $36,863 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: 69/16/15 Blend
52$13,600,000$13,600,000$13,600,000$13,600,000
53$14,991,035$14,270,235$14,059,435$15,973,244
54$16,480,899$14,930,255$14,491,204$17,287,404
55$18,121,493$15,621,380$14,936,202$18,719,966
56$19,928,153$16,345,095$15,394,833$20,286,388
57$21,917,779$17,102,959$15,867,514$21,999,846
58$24,108,990$17,896,601$16,354,673$23,874,839
59$26,522,306$18,727,734$16,856,753$25,927,325
60$29,180,337$19,598,149$17,374,211$28,174,868
61$32,107,999$20,509,726$17,907,515$30,636,802
62$35,332,748$21,464,436$18,457,150$33,334,410
63$38,884,838$22,464,343$19,023,614$36,291,121
64$42,797,608$23,511,612$19,607,421$39,532,727
65$47,107,796$24,608,513$20,209,101$43,087,627
66$51,855,885$25,757,423$20,829,200$46,987,087
67$57,086,486$26,960,838$21,468,279$51,265,536
68$62,848,760$28,221,372$22,126,919$55,960,881
69$69,196,878$29,541,764$22,805,716$61,114,867
70$76,190,538$30,924,888$23,505,285$66,773,464
71$83,895,521$32,373,756$24,226,260$72,987,295
72$92,384,319$33,891,525$24,969,295$79,812,113
73$101,736,815$35,481,505$25,735,062$87,309,319
74$112,041,039$37,147,168$26,524,256$95,546,540
75$123,393,997$38,892,150$27,337,590$104,598,258
76$135,902,586$40,720,268$28,175,800$114,546,511
77$149,684,607$42,635,518$29,039,647$125,481,661
78$164,869,873$44,642,094$29,929,911$137,503,241
79$181,601,435$46,744,392$30,847,399$150,720,886
80$200,036,934$48,947,020$31,792,939$165,255,365
81$220,350,087$51,254,809$32,767,388$181,239,714
82$242,732,327$53,672,826$33,771,626$198,820,481
83$267,394,611$56,206,381$34,806,562$218,159,106
84$294,569,411$58,861,044$35,873,132$239,433,437
85$324,512,908$61,642,652$36,972,299$262,839,398
86$357,507,410$64,557,327$38,105,057$288,592,831
87$393,864,018$67,611,489$39,272,428$316,931,529
88$433,925,562$70,811,866$40,475,469$348,117,465
89$478,069,838$74,165,515$41,715,265$382,439,260
90$526,713,171$77,679,835$42,992,936$420,214,896
91$580,314,351$81,362,584$44,309,636$461,794,709
92$639,378,959$85,221,894$45,666,553$507,564,683
93$704,464,142$89,266,296$47,064,912$557,950,081
94$776,183,872$93,504,733$48,505,974$613,419,455
95$855,214,743$97,946,581$49,991,041$674,489,046
96$942,302,357$102,601,673$51,521,450$741,727,655
97$1,038,268,362$107,480,320$53,098,583$815,761,991
98$1,144,018,211$112,593,332$54,723,862$897,282,579
99$1,260,549,709$117,952,045$56,398,752$987,050,258
100$1,388,962,431$123,568,348$58,124,762$1,085,903,354