Can I retire at age 53 with 14,500,000?

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 $14,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,138,032
2 years$592,771$581,731$571,031$560,658$550,595$532,288
3 years$391,255$380,167$369,495$359,219$349,320$331,494
4 years$290,517$279,463$268,898$258,797$249,138$231,929
5 years$230,090$219,103$208,676$198,781$189,391$172,850
6 years$189,818$178,914$168,641$158,967$149,859$134,004
7 years$161,064$150,252$140,141$130,695$121,875$106,712
8 years$139,508$128,793$118,851$109,637$101,107$86,633
9 years$122,752$112,138$102,366$93,386$85,147$71,355
10 years$109,354$98,844$89,245$80,500$72,549$59,427
11 years$98,400$87,995$78,570$70,059$62,395$49,930
12 years$89,277$78,980$69,729$61,451$54,070$42,246
13 years$81,565$71,374$62,298$54,252$47,150$35,951
14 years$74,959$64,877$55,975$48,159$41,332$30,738
15 years$69,240$59,267$50,538$42,949$36,392$26,384
16 years$64,240$54,376$45,820$38,457$32,163$22,722
17 years$59,834$50,078$41,695$34,553$28,518$19,622
18 years$55,921$46,275$38,062$31,139$25,357$16,985
19 years$52,424$42,887$34,844$28,137$22,601$14,732
20 years$49,281$39,852$31,978$25,483$20,188$12,800
21 years$46,441$37,121$29,413$23,128$18,066$11,138
22 years$43,862$34,651$27,109$21,028$16,193$9,704
23 years$41,511$32,408$25,030$19,151$14,536$8,464
24 years$39,360$30,365$23,149$17,467$13,065$7,389
25 years$37,383$28,496$21,441$15,952$11,757$6,456
26 years$35,562$26,781$19,885$14,585$10,590$5,645
27 years$33,878$25,204$18,465$13,350$9,548$4,939
28 years$32,317$23,750$17,166$12,232$8,615$4,324
29 years$30,867$22,405$15,974$11,217$7,779$3,787
30 years$29,516$21,160$14,879$10,294$7,029$3,318
31 years$28,254$20,003$13,871$9,454$6,355$2,908
32 years$27,074$18,927$12,942$8,689$5,749$2,550
33 years$25,967$17,924$12,084$7,990$5,202$2,236
34 years$24,928$16,988$11,291$7,352$4,710$1,961
35 years$23,951$16,113$10,556$6,768$4,266$1,721
36 years$23,029$15,293$9,875$6,233$3,865$1,510
37 years$22,160$14,525$9,243$5,743$3,503$1,326
38 years$21,338$13,804$8,656$5,293$3,176$1,164
39 years$20,561$13,126$8,109$4,881$2,880$1,022
40 years$19,824$12,489$7,601$4,502$2,612$897
41 years$19,125$11,888$7,127$4,153$2,370$788
42 years$18,461$11,322$6,686$3,833$2,151$692
43 years$17,829$10,787$6,273$3,538$1,952$608
44 years$17,228$10,282$5,889$3,267$1,772$534
45 years$16,655$9,805$5,529$3,017$1,608$469
46 years$16,109$9,354$5,193$2,787$1,460$412
47 years$15,588$8,926$4,879$2,575$1,326$362
48 years$15,089$8,521$4,585$2,379$1,204$318
49 years$14,613$8,138$4,310$2,199$1,094$279
50 years$14,157$7,773$4,052$2,032$993$245

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $14,500,000, adding $6,073 every year, while hoping to spend $56,894 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: 57/20/23 Blend
52$14,500,000$14,500,000$14,500,000$14,500,000
53$15,985,264$15,216,764$14,992,014$16,796,664
54$17,555,226$15,901,851$15,433,712$18,036,598
55$19,283,418$16,618,600$15,888,300$19,380,720
56$21,185,918$17,368,503$16,356,149$20,844,445
57$23,280,444$18,153,122$16,837,643$22,439,321
58$25,586,519$18,974,095$17,333,174$24,178,047
59$28,125,656$19,833,137$17,843,146$26,074,594
60$30,921,557$20,732,045$18,367,976$28,144,325
61$34,000,343$21,672,703$18,908,091$30,404,146
62$37,390,797$22,657,083$19,463,930$32,872,653
63$41,124,632$23,687,255$20,035,946$35,570,311
64$45,236,799$24,765,384$20,624,604$38,519,636
65$49,765,806$25,893,742$21,230,382$41,745,409
66$54,754,089$27,074,707$21,853,771$45,274,902
67$60,248,411$28,310,772$22,495,278$49,138,130
68$66,300,300$29,604,551$23,155,421$53,368,134
69$72,966,539$30,958,781$23,834,735$58,001,281
70$80,309,697$32,376,333$24,533,769$63,077,608
71$88,398,725$33,860,212$25,253,090$68,641,191
72$97,309,603$35,413,571$25,993,277$74,740,556
73$107,126,058$37,039,712$26,754,927$81,429,129
74$117,940,355$38,742,096$27,538,656$88,765,737
75$129,854,164$40,524,352$28,345,094$96,815,157
76$142,979,524$42,390,281$29,174,890$105,648,716
77$157,439,899$44,343,868$30,028,712$115,344,961
78$173,371,340$46,389,289$30,907,245$125,990,392
79$190,923,774$48,530,921$31,811,195$137,680,270
80$210,262,416$50,773,353$32,741,287$150,519,508
81$231,569,329$53,121,394$33,698,267$164,623,652
82$255,045,141$55,580,083$34,682,900$180,119,968
83$280,910,942$58,154,704$35,695,973$197,148,624
84$309,410,368$60,850,794$36,738,298$215,864,013
85$340,811,900$63,674,157$37,810,705$236,436,195
86$375,411,401$66,630,878$38,914,051$259,052,494
87$413,534,906$69,727,334$40,049,214$283,919,252
88$455,541,703$72,970,209$41,217,100$311,263,770
89$501,827,720$76,366,513$42,418,635$341,336,438
90$552,829,264$79,923,589$43,654,776$374,413,087
91$609,027,142$83,649,137$44,926,504$410,797,579
92$670,951,196$87,551,231$46,234,828$450,824,663
93$739,185,308$91,638,331$47,580,784$494,863,120
94$814,372,907$95,919,306$48,965,438$543,319,230
95$897,223,048$100,403,457$50,389,885$596,640,589
96$988,517,102$105,100,530$51,855,250$655,320,322
97$1,089,116,136$110,020,745$53,362,689$719,901,716
98$1,199,969,035$115,174,815$54,913,393$790,983,337
99$1,322,121,465$120,573,970$56,508,580$869,224,657
100$1,456,725,745$126,229,984$58,149,508$955,352,260