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%15.8%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,058,696
2 years$555,978$545,623$535,588$525,858$516,421$490,591
3 years$366,970$356,571$346,561$336,922$327,638$302,574
4 years$272,485$262,117$252,208$242,734$233,674$209,568
5 years$215,808$205,503$195,723$186,443$177,636$154,555
6 years$178,036$167,809$158,174$149,100$140,557$118,525
7 years$151,067$140,926$131,443$122,583$114,310$93,330
8 years$130,849$120,799$111,474$102,832$94,832$74,894
9 years$115,133$105,177$96,013$87,590$79,862$60,952
10 years$102,567$92,709$83,706$75,503$68,046$50,143
11 years$92,292$82,533$73,693$65,711$58,522$41,600
12 years$83,736$74,077$65,401$57,637$50,714$34,745
13 years$76,502$66,944$58,431$50,885$44,224$29,177
14 years$70,307$60,850$52,501$45,170$38,766$24,610
15 years$64,942$55,588$47,401$40,284$34,133$20,834
16 years$60,253$51,001$42,976$36,070$30,167$17,691
17 years$56,120$46,970$39,107$32,408$26,748$15,060
18 years$52,450$43,402$35,699$29,206$23,783$12,847
19 years$49,170$40,225$32,681$26,390$21,198$10,979
20 years$46,222$37,379$29,993$23,902$18,935$9,397
21 years$43,558$34,817$27,588$21,692$16,944$8,053
22 years$41,140$32,500$25,426$19,723$15,188$6,909
23 years$38,935$30,397$23,477$17,962$13,634$5,933
24 years$36,917$28,480$21,712$16,383$12,254$5,099
25 years$35,063$26,727$20,110$14,962$11,027$4,385
26 years$33,354$25,119$18,651$13,680$9,933$3,773
27 years$31,775$23,640$17,319$12,522$8,955$3,248
28 years$30,311$22,276$16,100$11,473$8,080$2,798
29 years$28,951$21,015$14,983$10,521$7,296$2,410
30 years$27,684$19,846$13,956$9,655$6,593$2,077
31 years$26,500$18,761$13,010$8,868$5,961$1,791
32 years$25,393$17,752$12,139$8,150$5,392$1,544
33 years$24,356$16,811$11,334$7,494$4,880$1,332
34 years$23,381$15,933$10,590$6,895$4,418$1,149
35 years$22,464$15,113$9,901$6,348$4,001$991
36 years$21,600$14,344$9,262$5,846$3,625$855
37 years$20,785$13,624$8,669$5,386$3,286$738
38 years$20,014$12,947$8,118$4,965$2,979$637
39 years$19,284$12,311$7,606$4,578$2,701$550
40 years$18,593$11,713$7,129$4,222$2,450$475
41 years$17,938$11,150$6,685$3,896$2,223$410
42 years$17,315$10,619$6,271$3,595$2,017$354
43 years$16,723$10,118$5,884$3,319$1,831$305
44 years$16,159$9,644$5,523$3,064$1,662$264
45 years$15,622$9,197$5,186$2,830$1,509$228
46 years$15,109$8,773$4,871$2,614$1,370$196
47 years$14,620$8,372$4,576$2,415$1,244$170
48 years$14,153$7,993$4,300$2,232$1,129$146
49 years$13,706$7,632$4,042$2,062$1,026$126
50 years$13,278$7,291$3,800$1,906$932$109

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 $2,099 every year, while hoping to spend $32,498 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: 32/40/28 Blend
52$13,600,000$13,600,000$13,600,000$13,600,000
53$14,989,365$14,268,565$14,057,765$15,340,842
54$16,483,703$14,933,147$14,494,123$16,275,201
55$18,129,374$15,629,205$14,944,009$17,277,852
56$19,941,779$16,358,245$15,407,843$18,357,177
57$21,937,892$17,121,850$15,886,056$19,519,952
58$24,136,412$17,921,676$16,379,095$20,773,594
59$26,557,948$18,759,461$16,887,417$22,126,233
60$29,225,210$19,637,025$17,411,496$23,586,778
61$32,163,219$20,556,277$17,951,819$25,164,996
62$35,399,553$21,519,220$18,508,890$26,871,596
63$38,964,597$22,527,951$19,083,227$28,718,325
64$42,891,835$23,584,670$19,675,365$30,718,067
65$47,218,166$24,691,683$20,285,854$32,884,962
66$51,984,251$25,851,408$20,915,262$35,234,527
67$57,234,897$27,066,378$21,564,175$37,783,796
68$63,019,478$28,339,253$22,233,197$40,551,471
69$69,392,405$29,672,816$22,922,949$43,558,087
70$76,413,636$31,069,990$23,634,074$46,826,201
71$84,149,244$32,533,837$24,367,232$50,380,587
72$92,672,038$34,067,566$25,123,106$54,248,467
73$102,062,254$35,674,545$25,902,398$58,459,749
74$112,408,309$37,358,303$26,705,833$63,047,306
75$123,807,636$39,122,539$27,534,158$68,047,263
76$136,367,605$40,971,133$28,388,142$73,499,336
77$150,206,536$42,908,154$29,268,580$79,447,184
78$165,454,815$44,937,866$30,176,290$85,938,815
79$182,256,126$47,064,741$31,112,116$93,027,016
80$200,768,805$49,293,468$32,076,926$100,769,844
81$221,167,339$51,628,964$33,071,619$109,231,151
82$243,644,006$54,076,382$34,097,117$118,481,173
83$268,410,698$56,641,127$35,154,373$128,597,176
84$295,700,915$59,328,868$36,244,370$139,664,162
85$325,771,972$62,145,547$37,368,121$151,775,659
86$358,907,429$65,097,394$38,526,668$165,034,578
87$395,419,763$68,190,943$39,721,088$179,554,163
88$435,653,325$71,433,045$40,952,491$195,459,042
89$479,987,583$74,830,884$42,222,018$212,886,376
90$528,840,711$78,391,991$43,530,850$231,987,133
91$582,673,531$82,124,266$44,880,201$252,927,481
92$641,993,868$86,035,992$46,271,325$275,890,339
93$707,361,339$90,135,852$47,705,511$301,077,069
94$779,392,641$94,432,955$49,184,091$328,709,348
95$858,767,371$98,936,850$50,708,438$359,031,235
96$946,234,438$103,657,551$52,279,966$392,311,436
97$1,042,619,139$108,605,559$53,900,134$428,845,812
98$1,148,830,947$113,791,887$55,570,443$468,960,136
99$1,265,872,095$119,228,081$57,292,445$513,013,129
100$1,394,847,043$124,926,252$59,067,736$561,399,812