Can I retire at age 54 with 13,100,000?

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 $13,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,003,562
2 years$535,538$525,564$515,897$506,525$497,434$456,580
3 years$353,479$343,462$333,820$324,536$315,593$276,220
4 years$262,467$252,481$242,935$233,810$225,083$187,491
5 years$207,874$197,948$188,528$179,588$171,105$135,390
6 years$171,491$161,639$152,358$143,618$135,389$101,575
7 years$145,513$135,744$126,611$118,076$110,108$78,182
8 years$126,039$116,358$107,376$99,051$91,345$61,275
9 years$110,900$101,311$92,483$84,370$76,926$48,668
10 years$98,796$89,300$80,629$72,728$65,545$39,044
11 years$88,899$79,499$70,984$63,295$56,371$31,566
12 years$80,658$71,354$62,997$55,518$48,850$25,675
13 years$73,689$64,483$56,283$49,014$42,598$20,983
14 years$67,722$58,613$50,571$43,509$37,341$17,215
15 years$62,555$53,544$45,659$38,803$32,878$14,167
16 years$58,038$49,126$41,396$34,744$29,058$11,688
17 years$54,057$45,243$37,669$31,217$25,764$9,662
18 years$50,522$41,807$34,387$28,133$22,909$8,001
19 years$47,362$38,746$31,480$25,420$20,419$6,634
20 years$44,523$36,005$28,890$23,023$18,239$5,507
21 years$41,957$33,537$26,574$20,895$16,321$4,576
22 years$39,627$31,305$24,492$18,998$14,630$3,805
23 years$37,503$29,279$22,614$17,302$13,133$3,166
24 years$35,559$27,433$20,914$15,780$11,804$2,636
25 years$33,774$25,744$19,370$14,412$10,622$2,196
26 years$32,128$24,196$17,965$13,177$9,568$1,829
27 years$30,607$22,771$16,682$12,061$8,626$1,525
28 years$29,197$21,457$15,508$11,051$7,783$1,271
29 years$27,887$20,242$14,432$10,134$7,028$1,060
30 years$26,666$19,117$13,443$9,300$6,350$884
31 years$25,526$18,071$12,532$8,542$5,741$737
32 years$24,460$17,099$11,693$7,850$5,194$615
33 years$23,460$16,193$10,918$7,219$4,700$513
34 years$22,521$15,348$10,201$6,642$4,255$428
35 years$21,638$14,557$9,537$6,114$3,854$357
36 years$20,806$13,817$8,922$5,631$3,492$298
37 years$20,020$13,123$8,350$5,188$3,165$249
38 years$19,278$12,471$7,820$4,782$2,869$208
39 years$18,575$11,859$7,326$4,409$2,602$173
40 years$17,910$11,283$6,867$4,067$2,360$145
41 years$17,278$10,740$6,439$3,752$2,141$121
42 years$16,678$10,229$6,040$3,463$1,943$101
43 years$16,108$9,746$5,668$3,197$1,763$84
44 years$15,565$9,290$5,320$2,952$1,601$70
45 years$15,047$8,859$4,995$2,726$1,453$59
46 years$14,554$8,451$4,692$2,518$1,319$49
47 years$14,083$8,065$4,408$2,326$1,198$41
48 years$13,632$7,699$4,142$2,150$1,088$34
49 years$13,202$7,352$3,893$1,987$988$28
50 years$12,790$7,023$3,660$1,836$898$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $13,100,000, adding $3,870 every year, while hoping to spend $38,585 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: 80/13/7 Blend
53$13,100,000$13,100,000$13,100,000$13,100,000
54$14,440,192$13,745,892$13,542,842$15,584,397
55$15,872,037$14,378,386$13,955,473$16,966,885
56$17,448,638$15,040,580$14,380,634$18,477,995
57$19,184,718$15,733,887$14,818,704$20,134,881
58$21,096,502$16,459,790$15,270,073$21,952,080
59$23,201,868$17,219,844$15,735,144$23,945,594
60$25,520,518$18,015,675$16,214,331$26,133,042
61$28,074,160$18,848,993$16,708,060$28,533,828
62$30,886,716$19,721,585$17,216,772$31,169,316
63$33,984,546$20,635,328$17,740,919$34,063,034
64$37,396,697$21,592,186$18,280,967$37,240,893
65$41,155,178$22,594,221$18,837,397$40,731,427
66$45,295,261$23,643,592$19,410,704$44,566,061
67$49,855,813$24,742,564$20,001,398$48,779,409
68$54,879,665$25,893,509$20,610,005$53,409,590
69$60,414,015$27,098,914$21,237,063$58,498,594
70$66,510,872$28,361,389$21,883,133$64,092,666
71$73,227,549$29,683,665$22,548,786$70,242,750
72$80,627,203$31,068,609$23,234,614$77,004,958
73$88,779,431$32,519,223$23,941,227$84,441,101
74$97,760,926$34,038,658$24,669,251$92,619,265
75$107,656,202$35,630,215$25,419,333$101,614,456
76$118,558,392$37,297,352$26,192,138$111,509,300
77$130,570,125$39,043,699$26,988,351$122,394,819
78$143,804,496$40,873,059$27,808,679$134,371,288
79$158,386,133$42,789,418$28,653,849$147,549,176
80$174,452,376$44,796,956$29,524,610$162,050,184
81$192,154,567$46,900,056$30,421,733$178,008,392
82$211,659,485$49,103,311$31,346,014$195,571,514
83$233,150,917$51,411,538$32,298,270$214,902,295
84$256,831,394$53,829,787$33,279,345$236,180,033
85$282,924,100$56,363,350$34,290,107$259,602,276
86$311,674,983$59,017,779$35,331,450$285,386,671
87$343,355,074$61,798,893$36,404,297$313,773,020
88$378,263,046$64,712,793$37,509,594$345,025,534
89$416,728,031$67,765,875$38,648,321$379,435,321
90$459,112,734$70,964,845$39,821,483$417,323,126
91$505,816,846$74,316,737$41,030,116$459,042,353
92$557,280,829$77,828,921$42,275,289$504,982,396
93$613,990,064$81,509,128$43,558,102$555,572,300
94$676,479,438$85,365,464$44,879,686$611,284,810
95$745,338,394$89,406,424$46,241,208$672,640,822
96$821,216,491$93,640,921$47,643,870$740,214,291
97$904,829,543$98,078,295$49,088,910$814,637,640
98$996,966,368$102,728,344$50,577,600$896,607,721
99$1,098,496,243$107,601,337$52,111,254$986,892,384
100$1,210,377,102$112,708,046$53,691,224$1,086,337,712