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%14.9%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,070,400
2 years$560,066$549,635$539,526$529,725$520,218$498,092
3 years$369,668$359,193$349,109$339,400$330,048$308,544
4 years$274,488$264,045$254,062$244,518$235,393$214,676
5 years$217,395$207,014$197,163$187,814$178,942$159,072
6 years$179,346$169,043$159,337$150,196$141,591$122,588
7 years$152,178$141,962$132,410$123,484$115,151$97,021
8 years$131,811$121,687$112,294$103,588$95,529$78,265
9 years$115,979$105,951$96,719$88,234$80,449$64,041
10 years$103,321$93,390$84,321$76,059$68,547$52,977
11 years$92,971$83,140$74,235$66,194$58,952$44,203
12 years$84,352$74,622$65,882$58,061$51,087$37,136
13 years$77,065$67,437$58,861$51,259$44,549$31,373
14 years$70,824$61,298$52,887$45,502$39,051$26,626
15 years$65,420$55,997$47,750$40,580$34,384$22,682
16 years$60,696$51,376$43,292$36,335$30,388$19,383
17 years$56,533$47,315$39,394$32,647$26,945$16,608
18 years$52,836$43,721$35,962$29,421$23,958$14,262
19 years$49,532$40,521$32,921$26,584$21,354$12,270
20 years$46,562$37,654$30,214$24,077$19,074$10,573
21 years$43,878$35,073$27,791$21,852$17,069$9,124
22 years$41,442$32,739$25,613$19,868$15,300$7,882
23 years$39,221$30,620$23,649$18,094$13,734$6,816
24 years$37,188$28,689$21,872$16,503$12,345$5,900
25 years$35,321$26,924$20,258$15,072$11,108$5,110
26 years$33,600$25,304$18,788$13,781$10,006$4,429
27 years$32,009$23,814$17,446$12,614$9,021$3,841
28 years$30,534$22,440$16,219$11,557$8,140$3,332
29 years$29,164$21,169$15,093$10,598$7,350$2,892
30 years$27,887$19,992$14,058$9,726$6,641$2,511
31 years$26,695$18,899$13,106$8,933$6,004$2,181
32 years$25,580$17,882$12,228$8,210$5,431$1,895
33 years$24,535$16,935$11,418$7,549$4,915$1,647
34 years$23,553$16,051$10,668$6,946$4,450$1,431
35 years$22,629$15,224$9,974$6,394$4,031$1,244
36 years$21,759$14,449$9,330$5,889$3,652$1,082
37 years$20,937$13,724$8,733$5,426$3,310$941
38 years$20,161$13,042$8,178$5,001$3,001$818
39 years$19,426$12,402$7,662$4,611$2,721$712
40 years$18,730$11,800$7,182$4,253$2,468$619
41 years$18,070$11,232$6,734$3,924$2,239$538
42 years$17,442$10,697$6,317$3,622$2,032$468
43 years$16,845$10,192$5,927$3,343$1,844$407
44 years$16,278$9,715$5,564$3,087$1,674$354
45 years$15,736$9,264$5,224$2,851$1,520$308
46 years$15,220$8,838$4,907$2,633$1,380$268
47 years$14,728$8,434$4,610$2,433$1,253$234
48 years$14,257$8,051$4,332$2,248$1,138$203
49 years$13,807$7,689$4,072$2,078$1,033$177
50 years$13,376$7,344$3,828$1,920$939$154

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 $2,152 every year, while hoping to spend $45,659 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: 57/36/7 Blend
52$13,700,000$13,700,000$13,700,000$13,700,000
53$15,099,620$14,373,520$14,161,170$15,937,008
54$16,591,200$15,029,241$14,586,988$17,156,330
55$18,233,391$15,715,563$15,025,541$18,478,885
56$20,041,508$16,433,936$15,477,207$19,918,721
57$22,032,424$17,185,881$15,942,376$21,487,039
58$24,224,734$17,972,992$16,421,448$23,196,151
59$26,638,927$18,796,939$16,914,837$25,059,587
60$29,297,580$19,659,472$17,422,967$27,092,221
61$32,225,574$20,562,426$17,946,276$29,310,405
62$35,450,321$21,507,724$18,485,215$31,732,118
63$39,002,031$22,497,380$19,040,247$34,377,130
64$42,913,992$23,533,505$19,611,850$37,267,183
65$47,222,887$24,618,315$20,200,515$40,426,190
66$51,969,137$25,754,127$20,806,747$43,880,453
67$57,197,284$26,943,375$21,431,068$47,658,909
68$62,956,411$28,188,605$22,074,013$51,793,388
69$69,300,608$29,492,489$22,736,135$56,318,916
70$76,289,475$30,857,826$23,418,001$61,274,030
71$83,988,694$32,287,552$24,120,196$66,701,135
72$92,470,640$33,784,741$24,843,322$72,646,900
73$101,815,070$35,352,618$25,587,999$79,162,687
74$112,109,874$36,994,563$26,354,863$86,305,023
75$123,451,902$38,714,117$27,144,572$94,136,130
76$135,947,881$40,514,995$27,957,801$102,724,501
77$149,715,423$42,401,088$28,795,245$112,145,530
78$164,884,132$44,376,476$29,657,621$122,482,221
79$181,596,827$46,445,437$30,545,665$133,825,953
80$200,010,894$48,612,455$31,460,136$146,277,335
81$220,299,769$50,882,229$32,401,814$159,947,139
82$242,654,573$53,259,686$33,371,502$174,957,337
83$267,285,921$55,749,992$34,370,029$191,442,235
84$294,425,905$58,358,561$35,398,245$209,549,724
85$324,330,286$61,091,070$36,457,025$229,442,668
86$357,280,912$63,953,469$37,547,272$251,300,417
87$393,588,374$66,951,997$38,669,914$275,320,490
88$433,594,938$70,093,195$39,825,907$301,720,418
89$477,677,779$73,383,919$41,016,232$330,739,780
90$526,252,538$76,831,357$42,241,902$362,642,445
91$579,777,250$80,443,046$43,503,958$397,719,044
92$638,756,661$84,226,887$44,803,472$436,289,691
93$703,746,998$88,191,163$46,141,547$478,706,983
94$775,361,221$92,344,559$47,519,317$525,359,305
95$854,274,804$96,696,180$48,937,953$576,674,473
96$941,232,114$101,255,573$50,398,654$633,123,748
97$1,037,053,440$106,032,747$51,902,660$695,226,255
98$1,142,642,735$111,038,195$53,451,242$763,553,858
99$1,258,996,147$116,282,920$55,045,713$838,736,528
100$1,387,211,429$121,778,458$56,687,419$921,468,262