Can I retire at age 53 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,058,862
2 years$564,154$553,647$543,464$533,591$524,015$482,617
3 years$372,367$361,815$351,657$341,877$332,457$292,533
4 years$276,492$265,972$255,917$246,303$237,111$198,965
5 years$218,982$208,525$198,602$189,185$180,248$143,979
6 years$180,655$170,277$160,500$151,292$142,624$108,257
7 years$153,289$142,998$133,376$124,386$115,992$83,516
8 years$132,774$122,576$113,113$104,344$96,226$65,612
9 years$116,826$106,724$97,425$88,878$81,036$52,241
10 years$104,075$94,072$84,937$76,614$69,047$42,016
11 years$93,649$83,747$74,777$66,677$59,383$34,058
12 years$84,967$75,167$66,363$58,485$51,460$27,776
13 years$77,627$67,929$59,291$51,633$44,874$22,763
14 years$71,341$61,745$53,273$45,834$39,336$18,727
15 years$65,897$56,405$48,098$40,876$34,635$15,455
16 years$61,139$51,751$43,608$36,600$30,610$12,788
17 years$56,945$47,661$39,682$32,885$27,141$10,603
18 years$53,221$44,041$36,224$29,636$24,133$8,806
19 years$49,893$40,816$33,162$26,779$21,510$7,324
20 years$46,902$37,929$30,434$24,253$19,213$6,099
21 years$44,199$35,329$27,994$22,011$17,194$5,084
22 years$41,745$32,978$25,800$20,013$15,412$4,241
23 years$39,507$30,844$23,822$18,226$13,834$3,540
24 years$37,460$28,899$22,031$16,624$12,435$2,956
25 years$35,579$27,120$20,405$15,182$11,189$2,470
26 years$33,845$25,489$18,925$13,881$10,079$2,065
27 years$32,243$23,988$17,574$12,706$9,087$1,726
28 years$30,757$22,603$16,337$11,641$8,199$1,444
29 years$29,377$21,324$15,203$10,675$7,404$1,208
30 years$28,091$20,138$14,161$9,797$6,690$1,011
31 years$26,890$19,037$13,202$8,998$6,048$846
32 years$25,767$18,013$12,318$8,269$5,471$708
33 years$24,714$17,059$11,501$7,604$4,951$593
34 years$23,725$16,168$10,746$6,997$4,483$496
35 years$22,794$15,335$10,047$6,441$4,060$415
36 years$21,918$14,555$9,398$5,932$3,679$348
37 years$21,090$13,824$8,797$5,465$3,334$291
38 years$20,308$13,138$8,238$5,038$3,023$244
39 years$19,568$12,493$7,718$4,645$2,741$204
40 years$18,867$11,886$7,234$4,284$2,486$171
41 years$18,201$11,314$6,783$3,953$2,256$143
42 years$17,569$10,775$6,363$3,648$2,047$120
43 years$16,968$10,266$5,971$3,367$1,858$100
44 years$16,396$9,786$5,604$3,109$1,686$84
45 years$15,851$9,332$5,262$2,872$1,531$70
46 years$15,331$8,902$4,943$2,652$1,390$59
47 years$14,835$8,496$4,643$2,451$1,262$49
48 years$14,361$8,110$4,364$2,264$1,146$41
49 years$13,908$7,745$4,101$2,093$1,041$35
50 years$13,474$7,398$3,856$1,934$945$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $13,800,000, adding $6,754 every year, while hoping to spend $26,258 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: 50/33/17 Blend
52$13,800,000$13,800,000$13,800,000$13,800,000
53$15,214,567$14,483,167$14,269,267$15,903,395
54$16,738,514$15,164,904$14,719,349$17,060,708
55$18,417,024$15,879,166$15,183,629$18,314,459
56$20,265,835$16,627,518$15,662,554$19,676,421
57$22,302,287$17,411,604$16,156,587$21,156,801
58$24,545,492$18,233,145$16,666,204$22,766,807
59$27,016,508$19,093,944$17,191,898$24,518,754
60$29,738,539$19,995,895$17,734,174$26,426,172
61$32,737,158$20,940,981$18,293,556$28,503,929
62$36,040,542$21,931,284$18,870,585$30,768,367
63$39,679,744$22,968,983$19,465,815$33,237,449
64$43,688,980$24,056,366$20,079,823$35,930,921
65$48,105,959$25,195,830$20,713,200$38,870,493
66$52,972,232$26,389,891$21,366,557$42,080,039
67$58,333,588$27,641,184$22,040,525$45,585,812
68$64,240,484$28,952,473$22,735,753$49,416,685
69$70,748,526$30,326,656$23,452,914$53,604,418
70$77,918,987$31,766,774$24,192,697$58,183,946
71$85,819,389$33,276,011$24,955,818$63,193,702
72$94,524,142$34,857,710$25,743,013$68,675,972
73$104,115,241$36,515,375$26,555,040$74,677,282
74$114,683,045$38,252,678$27,392,684$81,248,830
75$126,327,129$40,073,473$28,256,753$88,446,957
76$139,157,222$41,981,799$29,148,080$96,333,668
77$153,294,244$43,981,892$30,067,525$104,977,208
78$168,871,445$46,078,193$31,015,975$114,452,691
79$186,035,668$48,275,360$31,994,347$124,842,802
80$204,948,732$50,578,278$33,003,582$136,238,558
81$225,788,956$52,992,068$34,044,656$148,740,158
82$248,752,851$55,522,100$35,118,573$162,457,915
83$274,056,965$58,174,006$36,226,369$177,513,279
84$301,939,936$60,953,693$37,369,112$194,039,972
85$332,664,738$63,867,353$38,547,907$212,185,231
86$366,521,168$66,921,480$39,763,888$232,111,181
87$403,828,580$70,122,885$41,018,231$253,996,350
88$444,938,899$73,478,710$42,312,146$278,037,335
89$490,239,944$76,996,445$43,646,880$304,450,635
90$540,159,091$80,683,942$45,023,723$333,474,680
91$595,167,302$84,549,439$46,444,001$365,372,055
92$655,783,578$88,601,573$47,909,087$400,431,961
93$722,579,855$92,849,402$49,420,393$438,972,917
94$796,186,402$97,302,425$50,979,378$481,345,748
95$877,297,773$101,970,602$52,587,546$527,936,866
96$966,679,367$106,864,382$54,246,449$579,171,893
97$1,065,174,645$111,994,719$55,957,688$635,519,652
98$1,173,713,101$117,373,104$57,722,913$697,496,562
99$1,293,319,036$123,011,584$59,543,829$765,671,481
100$1,425,121,223$128,922,797$61,422,192$840,671,049