Can I retire at age 53 with 14,100,000?

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,095,395
2 years$576,418$565,683$555,279$545,191$535,407$506,424
3 years$380,462$369,680$359,302$349,309$339,684$311,584
4 years$282,503$271,754$261,480$251,658$242,265$215,264
5 years$223,742$213,058$202,919$193,297$184,166$158,339
6 years$184,582$173,978$163,989$154,581$145,725$121,096
7 years$156,621$146,107$136,275$127,090$118,513$95,085
8 years$135,660$125,240$115,572$106,613$98,318$76,080
9 years$119,365$109,044$99,543$90,810$82,798$61,731
10 years$106,337$96,117$86,783$78,279$70,548$50,626
11 years$95,685$85,567$76,403$68,126$60,674$41,866
12 years$86,815$76,801$67,805$59,756$52,579$34,853
13 years$79,315$69,405$60,580$52,756$45,849$29,170
14 years$72,892$63,088$54,431$46,831$40,191$24,521
15 years$67,330$57,632$49,144$41,765$35,388$20,686
16 years$62,468$52,876$44,556$37,396$31,276$17,502
17 years$58,183$48,697$40,544$33,600$27,731$14,845
18 years$54,378$44,998$37,012$30,280$24,657$12,618
19 years$50,978$41,704$33,883$27,361$21,978$10,743
20 years$47,921$38,753$31,096$24,780$19,631$9,160
21 years$45,160$36,097$28,602$22,490$17,567$7,820
22 years$42,652$33,695$26,361$20,448$15,747$6,683
23 years$40,366$31,514$24,340$18,623$14,135$5,716
24 years$38,274$29,527$22,510$16,985$12,705$4,893
25 years$36,352$27,710$20,849$15,512$11,433$4,191
26 years$34,581$26,043$19,336$14,183$10,298$3,592
27 years$32,943$24,509$17,956$12,982$9,285$3,080
28 years$31,426$23,095$16,692$11,894$8,378$2,642
29 years$30,015$21,787$15,533$10,907$7,565$2,267
30 years$28,702$20,576$14,469$10,010$6,835$1,946
31 years$27,475$19,451$13,489$9,194$6,180$1,670
32 years$26,327$18,405$12,585$8,449$5,590$1,434
33 years$25,251$17,429$11,751$7,770$5,059$1,232
34 years$24,241$16,519$10,979$7,149$4,580$1,058
35 years$23,290$15,668$10,265$6,581$4,149$909
36 years$22,394$14,871$9,603$6,061$3,759$781
37 years$21,549$14,124$8,988$5,584$3,407$671
38 years$20,750$13,423$8,417$5,147$3,089$577
39 years$19,993$12,764$7,886$4,746$2,801$496
40 years$19,277$12,144$7,391$4,377$2,540$426
41 years$18,597$11,560$6,931$4,039$2,305$366
42 years$17,951$11,009$6,501$3,727$2,091$315
43 years$17,337$10,490$6,100$3,441$1,898$271
44 years$16,753$9,999$5,726$3,177$1,723$233
45 years$16,196$9,535$5,377$2,934$1,564$200
46 years$15,665$9,096$5,050$2,710$1,420$172
47 years$15,158$8,680$4,744$2,504$1,289$148
48 years$14,673$8,286$4,458$2,314$1,171$127
49 years$14,210$7,913$4,191$2,138$1,064$109
50 years$13,767$7,559$3,940$1,976$966$94

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $14,100,000, adding $4,105 every year, while hoping to spend $20,005 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: 79/9/12 Blend
52$14,100,000$14,100,000$14,100,000$14,100,000
53$15,542,434$14,795,134$14,576,584$16,735,152
54$17,106,477$15,498,811$15,043,615$18,223,404
55$18,829,382$16,236,297$15,525,620$19,852,794
56$20,727,332$17,009,228$16,023,081$21,639,841
57$22,818,160$17,819,320$16,536,494$23,600,291
58$25,121,515$18,668,370$17,066,370$25,751,486
59$27,659,054$19,558,264$17,613,238$28,112,521
60$30,454,639$20,490,981$18,177,643$30,704,427
61$33,534,566$21,468,593$18,760,148$33,550,360
62$36,927,813$22,493,275$19,361,333$36,675,826
63$40,666,312$23,567,307$19,981,800$40,108,914
64$44,785,251$24,693,080$20,622,165$43,880,562
65$49,323,407$25,873,102$21,283,068$48,024,842
66$54,323,512$27,110,002$21,965,169$52,579,288
67$59,832,656$28,406,537$22,669,147$57,585,238
68$65,902,728$29,765,599$23,395,705$63,088,227
69$72,590,913$31,190,220$24,145,568$69,138,416
70$79,960,225$32,683,579$24,919,484$75,791,056
71$88,080,106$34,249,012$25,718,224$83,107,012
72$97,027,078$35,890,016$26,542,586$91,153,333
73$106,885,470$37,610,256$27,393,393$100,003,881
74$117,748,209$39,413,580$28,271,493$109,740,026
75$129,717,701$41,304,020$29,177,762$120,451,409
76$142,906,795$43,285,806$30,113,106$132,236,786
77$157,439,850$45,363,372$31,078,457$145,204,958
78$173,453,909$47,541,371$32,074,779$159,475,787
79$191,099,990$49,824,681$33,103,066$175,181,333
80$210,544,515$52,218,416$34,164,346$192,467,091
81$231,970,881$54,727,944$35,259,676$211,493,357
82$255,581,186$57,358,889$36,390,151$232,436,743
83$281,598,145$60,117,152$37,556,899$255,491,838
84$310,267,186$63,008,922$38,761,085$280,873,033
85$341,858,769$66,040,689$40,003,911$308,816,549
86$376,670,939$69,219,259$41,286,618$339,582,654
87$415,032,142$72,551,770$42,610,487$373,458,120
88$457,304,322$76,045,708$43,976,840$410,758,918
89$503,886,340$79,708,925$45,387,041$451,833,200
90$555,217,738$83,549,654$46,842,498$497,064,574
91$611,782,891$87,576,531$48,344,666$546,875,724
92$674,115,578$91,798,612$49,895,044$601,732,387
93$742,804,020$96,225,397$51,495,180$662,147,746
94$818,496,435$100,866,847$53,146,674$728,687,267
95$901,907,159$105,733,410$54,851,175$801,974,025
96$993,823,385$110,836,043$56,610,385$882,694,583
97$1,095,112,599$116,186,238$58,426,062$971,605,459
98$1,206,730,769$121,796,049$60,300,020$1,069,540,262
99$1,329,731,368$127,678,115$62,234,132$1,177,417,552
100$1,465,275,321$133,845,697$64,230,328$1,296,249,497