Can I retire at age 53 with 14,200,000?

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 $14,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$1,172,623$1,162,178$1,151,987$1,142,040$1,132,328$1,088,691
2 years$580,506$569,695$559,217$549,058$539,204$495,761
3 years$383,160$372,302$361,850$351,787$342,093$300,211
4 years$284,506$273,681$263,334$253,443$243,984$203,982
5 years$225,329$214,569$204,358$194,668$185,472$147,454
6 years$185,891$175,212$165,152$155,678$146,758$110,747
7 years$157,732$147,143$137,242$127,991$119,354$85,340
8 years$136,622$126,129$116,392$107,369$99,015$66,965
9 years$120,212$109,818$100,248$91,454$83,385$53,252
10 years$107,092$96,799$87,399$78,834$71,048$42,776
11 years$96,364$86,174$76,945$68,610$61,104$34,628
12 years$87,430$77,345$68,286$60,180$52,951$28,203
13 years$79,877$69,898$61,009$53,130$46,175$23,081
14 years$73,408$63,535$54,817$47,163$40,476$18,963
15 years$67,807$58,040$49,493$42,061$35,639$15,627
16 years$62,911$53,251$44,872$37,661$31,498$12,911
17 years$58,596$49,042$40,832$33,838$27,928$10,690
18 years$54,764$45,317$37,274$30,495$24,832$8,865
19 years$51,339$41,999$34,123$27,555$22,133$7,362
20 years$48,261$39,028$31,316$24,956$19,770$6,121
21 years$45,480$36,353$28,805$22,649$17,692$5,094
22 years$42,955$33,934$26,548$20,593$15,858$4,243
23 years$40,653$31,738$24,513$18,755$14,235$3,536
24 years$38,545$29,736$22,670$17,105$12,795$2,948
25 years$36,610$27,906$20,997$15,622$11,514$2,460
26 years$34,826$26,227$19,474$14,284$10,371$2,053
27 years$33,177$24,683$18,083$13,074$9,350$1,714
28 years$31,649$23,259$16,810$11,979$8,437$1,431
29 years$30,228$21,942$15,644$10,985$7,618$1,195
30 years$28,905$20,722$14,571$10,081$6,884$998
31 years$27,670$19,589$13,584$9,259$6,224$834
32 years$26,514$18,535$12,675$8,509$5,630$697
33 years$25,430$17,553$11,834$7,825$5,095$582
34 years$24,412$16,636$11,057$7,200$4,613$487
35 years$23,455$15,779$10,338$6,628$4,178$407
36 years$22,553$14,977$9,671$6,104$3,785$340
37 years$21,701$14,225$9,052$5,624$3,431$284
38 years$20,897$13,518$8,476$5,184$3,110$238
39 years$20,135$12,855$7,942$4,780$2,821$199
40 years$19,414$12,230$7,444$4,408$2,558$166
41 years$18,729$11,642$6,980$4,067$2,321$139
42 years$18,079$11,087$6,547$3,754$2,106$116
43 years$17,460$10,564$6,144$3,465$1,911$97
44 years$16,872$10,070$5,767$3,199$1,735$81
45 years$16,311$9,602$5,415$2,955$1,575$68
46 years$15,776$9,160$5,086$2,729$1,430$57
47 years$15,265$8,742$4,778$2,522$1,299$47
48 years$14,777$8,345$4,490$2,330$1,179$40
49 years$14,311$7,969$4,220$2,153$1,071$33
50 years$13,864$7,612$3,968$1,990$973$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $14,200,000, adding $6,479 every year, while hoping to spend $45,506 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: 45/38/17 Blend
52$14,200,000$14,200,000$14,200,000$14,200,000
53$15,655,083$14,902,483$14,682,383$16,282,936
54$17,203,484$15,584,287$15,125,825$17,404,347
55$18,908,296$16,297,974$15,582,597$18,614,613
56$20,785,425$17,045,058$16,053,097$19,926,060
57$22,852,400$17,827,127$16,537,737$21,348,083
58$25,128,531$18,645,843$17,036,938$22,890,998
59$27,635,102$19,502,949$17,551,136$24,566,129
60$30,395,562$20,400,273$18,080,778$26,385,913
61$33,435,751$21,339,729$18,626,327$28,364,008
62$36,784,145$22,323,323$19,188,256$30,515,418
63$40,472,120$23,353,158$19,767,055$32,856,627
64$44,534,253$24,431,439$20,363,228$35,405,749
65$49,008,643$25,560,476$20,977,292$38,182,691
66$53,937,276$26,742,691$21,609,783$41,209,330
67$59,366,417$27,980,621$22,261,249$44,509,720
68$65,347,048$29,276,928$22,932,257$48,110,301
69$71,935,348$30,634,399$23,623,389$52,040,148
70$79,193,226$32,055,957$24,335,246$56,331,232
71$87,188,903$33,544,667$25,068,444$61,018,713
72$95,997,555$35,103,740$25,823,621$66,141,263
73$105,702,024$36,736,541$26,601,431$71,741,421
74$116,393,600$38,446,601$27,402,548$77,865,982
75$128,172,880$40,237,618$28,227,666$84,566,431
76$141,150,722$42,113,469$29,077,501$91,899,411
77$155,449,286$44,078,219$29,952,787$99,927,253
78$171,203,191$46,136,129$30,854,284$108,718,546
79$188,560,784$48,291,667$31,782,769$118,348,772
80$207,685,539$50,549,514$32,739,048$128,901,008
81$228,757,604$52,914,580$33,723,946$140,466,688
82$251,975,495$55,392,011$34,738,314$153,146,461
83$277,557,977$57,987,200$35,783,029$167,051,115
84$305,746,123$60,705,806$36,858,992$182,302,611
85$336,805,593$63,553,755$37,967,134$199,035,219
86$371,029,139$66,537,265$39,108,409$217,396,758
87$408,739,373$69,662,853$40,283,802$237,549,985
88$450,291,806$72,937,350$41,494,327$259,674,097
89$496,078,210$76,367,919$42,741,026$283,966,415
90$546,530,310$79,962,071$44,024,974$310,644,212
91$602,123,867$83,727,677$45,347,275$339,946,752
92$663,383,162$87,672,994$46,709,070$372,137,517
93$730,885,949$91,806,675$48,111,528$407,506,669
94$805,268,908$96,137,794$49,555,856$446,373,769
95$887,233,655$100,675,864$51,043,295$489,090,759
96$977,553,367$105,430,861$52,575,125$536,045,258
97$1,077,080,079$110,413,241$54,152,660$587,664,189
98$1,186,752,727$115,633,971$55,777,255$644,417,783
99$1,307,606,016$121,104,546$57,450,304$706,823,975
100$1,440,780,183$126,837,022$59,173,242$775,453,268