Can I retire at age 53 with 13,700,000?

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 $13,700,000?

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%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,065,183
2 years$560,066$549,635$539,526$529,725$520,218$492,912
3 years$369,668$359,193$349,109$339,400$330,048$303,564
4 years$274,488$264,045$254,062$244,518$235,393$209,936
5 years$217,395$207,014$197,163$187,814$178,942$154,582
6 years$179,346$169,043$159,337$150,196$141,591$118,352
7 years$152,178$141,962$132,410$123,484$115,151$93,036
8 years$131,811$121,687$112,294$103,588$95,529$74,527
9 years$115,979$105,951$96,719$88,234$80,449$60,544
10 years$103,321$93,390$84,321$76,059$68,547$49,714
11 years$92,971$83,140$74,235$66,194$58,952$41,165
12 years$84,352$74,622$65,882$58,061$51,087$34,314
13 years$77,065$67,437$58,861$51,259$44,549$28,758
14 years$70,824$61,298$52,887$45,502$39,051$24,207
15 years$65,420$55,997$47,750$40,580$34,384$20,450
16 years$60,696$51,376$43,292$36,335$30,388$17,328
17 years$56,533$47,315$39,394$32,647$26,945$14,718
18 years$52,836$43,721$35,962$29,421$23,958$12,528
19 years$49,532$40,521$32,921$26,584$21,354$10,683
20 years$46,562$37,654$30,214$24,077$19,074$9,123
21 years$43,878$35,073$27,791$21,852$17,069$7,800
22 years$41,442$32,739$25,613$19,868$15,300$6,676
23 years$39,221$30,620$23,649$18,094$13,734$5,719
24 years$37,188$28,689$21,872$16,503$12,345$4,904
25 years$35,321$26,924$20,258$15,072$11,108$4,207
26 years$33,600$25,304$18,788$13,781$10,006$3,611
27 years$32,009$23,814$17,446$12,614$9,021$3,101
28 years$30,534$22,440$16,219$11,557$8,140$2,665
29 years$29,164$21,169$15,093$10,598$7,350$2,290
30 years$27,887$19,992$14,058$9,726$6,641$1,969
31 years$26,695$18,899$13,106$8,933$6,004$1,693
32 years$25,580$17,882$12,228$8,210$5,431$1,456
33 years$24,535$16,935$11,418$7,549$4,915$1,253
34 years$23,553$16,051$10,668$6,946$4,450$1,078
35 years$22,629$15,224$9,974$6,394$4,031$928
36 years$21,759$14,449$9,330$5,889$3,652$799
37 years$20,937$13,724$8,733$5,426$3,310$687
38 years$20,161$13,042$8,178$5,001$3,001$592
39 years$19,426$12,402$7,662$4,611$2,721$509
40 years$18,730$11,800$7,182$4,253$2,468$439
41 years$18,070$11,232$6,734$3,924$2,239$378
42 years$17,442$10,697$6,317$3,622$2,032$325
43 years$16,845$10,192$5,927$3,343$1,844$280
44 years$16,278$9,715$5,564$3,087$1,674$241
45 years$15,736$9,264$5,224$2,851$1,520$208
46 years$15,220$8,838$4,907$2,633$1,380$179
47 years$14,728$8,434$4,610$2,433$1,253$154
48 years$14,257$8,051$4,332$2,248$1,138$133
49 years$13,807$7,689$4,072$2,078$1,033$114
50 years$13,376$7,344$3,828$1,920$939$98

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $13,700,000, adding $3,628 every year, while hoping to spend $30,219 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: 36/41/23 Blend
52$13,700,000$13,700,000$13,700,000$13,700,000
53$15,101,142$14,375,042$14,162,692$15,539,788
54$16,609,306$15,047,267$14,604,990$16,534,676
55$18,270,290$15,751,417$15,061,091$17,604,953
56$20,099,649$16,489,026$15,531,427$18,759,803
57$22,114,525$17,261,701$16,016,442$20,006,824
58$24,333,807$18,071,124$16,516,594$21,354,343
59$26,778,309$18,919,063$17,032,353$22,811,489
60$29,470,968$19,807,369$17,564,209$24,388,272
61$32,437,058$20,737,981$18,112,661$26,095,675
62$35,704,431$21,712,935$18,678,228$27,945,745
63$39,303,778$22,734,364$19,261,443$29,951,701
64$43,268,919$23,804,503$19,862,858$32,128,054
65$47,637,124$24,925,699$20,483,038$34,490,732
66$52,449,460$26,100,408$21,122,570$37,057,225
67$57,751,186$27,331,209$21,782,057$39,846,739
68$63,592,172$28,620,803$22,462,121$42,880,369
69$70,027,375$29,972,024$23,163,404$46,181,288
70$77,117,356$31,387,842$23,886,566$49,774,958
71$84,928,852$32,871,372$24,632,291$53,689,356
72$93,535,404$34,425,878$25,401,283$57,955,228
73$103,018,055$36,054,785$26,194,265$62,606,372
74$113,466,110$37,761,683$27,011,986$67,679,939
75$124,977,983$39,550,336$27,855,218$73,216,773
76$137,662,125$41,424,690$28,724,755$79,261,785
77$151,638,046$43,388,884$29,621,418$85,864,363
78$167,037,443$45,447,256$30,546,053$93,078,821
79$184,005,447$47,604,356$31,499,531$100,964,899
80$202,701,989$49,864,956$32,482,750$109,588,310
81$223,303,309$52,234,056$33,496,640$119,021,345
82$246,003,624$54,716,902$34,542,155$129,343,536
83$271,016,957$57,318,994$35,620,281$140,642,391
84$298,579,161$60,046,099$36,732,034$153,014,199
85$328,950,141$62,904,264$37,878,463$166,564,920
86$362,416,313$65,899,830$39,060,649$181,411,165
87$399,293,301$69,039,446$40,279,705$197,681,274
88$439,928,924$72,330,085$41,536,782$215,516,504
89$484,706,473$75,779,058$42,833,063$235,072,342
90$534,048,334$79,394,032$44,169,771$256,519,945
91$588,419,970$83,183,046$45,548,165$280,047,729
92$648,334,324$87,154,532$46,969,544$305,863,122
93$714,356,649$91,317,329$48,435,249$334,194,494
94$787,109,858$95,680,708$49,946,660$365,293,281
95$867,280,391$100,254,391$51,505,201$399,436,329
96$955,624,707$105,048,572$53,112,341$436,928,474
97$1,052,976,417$110,073,942$54,769,595$478,105,384
98$1,160,254,158$115,341,711$56,478,523$523,336,693
99$1,278,470,265$120,863,637$58,240,735$573,029,454
100$1,408,740,325$126,652,049$60,057,893$627,631,942