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%17%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,014,835
2 years$535,538$525,564$515,897$506,525$497,434$467,666
3 years$353,479$343,462$333,820$324,536$315,593$286,766
4 years$262,467$252,481$242,935$233,810$225,083$197,419
5 years$207,874$197,948$188,528$179,588$171,105$144,679
6 years$171,491$161,639$152,358$143,618$135,389$110,226
7 years$145,513$135,744$126,611$118,076$110,108$86,207
8 years$126,039$116,358$107,376$99,051$91,345$68,694
9 years$110,900$101,311$92,483$84,370$76,926$55,502
10 years$98,796$89,300$80,629$72,728$65,545$45,319
11 years$88,899$79,499$70,984$63,295$56,371$37,310
12 years$80,658$71,354$62,997$55,518$48,850$30,918
13 years$73,689$64,483$56,283$49,014$42,598$25,755
14 years$67,722$58,613$50,571$43,509$37,341$21,545
15 years$62,555$53,544$45,659$38,803$32,878$18,086
16 years$58,038$49,126$41,396$34,744$29,058$15,227
17 years$54,057$45,243$37,669$31,217$25,764$12,849
18 years$50,522$41,807$34,387$28,133$22,909$10,865
19 years$47,362$38,746$31,480$25,420$20,419$9,202
20 years$44,523$36,005$28,890$23,023$18,239$7,804
21 years$41,957$33,537$26,574$20,895$16,321$6,627
22 years$39,627$31,305$24,492$18,998$14,630$5,633
23 years$37,503$29,279$22,614$17,302$13,133$4,791
24 years$35,559$27,433$20,914$15,780$11,804$4,079
25 years$33,774$25,744$19,370$14,412$10,622$3,474
26 years$32,128$24,196$17,965$13,177$9,568$2,961
27 years$30,607$22,771$16,682$12,061$8,626$2,524
28 years$29,197$21,457$15,508$11,051$7,783$2,153
29 years$27,887$20,242$14,432$10,134$7,028$1,837
30 years$26,666$19,117$13,443$9,300$6,350$1,567
31 years$25,526$18,071$12,532$8,542$5,741$1,338
32 years$24,460$17,099$11,693$7,850$5,194$1,142
33 years$23,460$16,193$10,918$7,219$4,700$975
34 years$22,521$15,348$10,201$6,642$4,255$833
35 years$21,638$14,557$9,537$6,114$3,854$711
36 years$20,806$13,817$8,922$5,631$3,492$608
37 years$20,020$13,123$8,350$5,188$3,165$519
38 years$19,278$12,471$7,820$4,782$2,869$444
39 years$18,575$11,859$7,326$4,409$2,602$379
40 years$17,910$11,283$6,867$4,067$2,360$324
41 years$17,278$10,740$6,439$3,752$2,141$277
42 years$16,678$10,229$6,040$3,463$1,943$236
43 years$16,108$9,746$5,668$3,197$1,763$202
44 years$15,565$9,290$5,320$2,952$1,601$173
45 years$15,047$8,859$4,995$2,726$1,453$148
46 years$14,554$8,451$4,692$2,518$1,319$126
47 years$14,083$8,065$4,408$2,326$1,198$108
48 years$13,632$7,699$4,142$2,150$1,088$92
49 years$13,202$7,352$3,893$1,987$988$79
50 years$12,790$7,023$3,660$1,836$898$67

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 $6,913 every year, while hoping to spend $21,245 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: 54/18/28 Blend
53$13,100,000$13,100,000$13,100,000$13,100,000
54$14,443,331$13,749,031$13,545,981$15,110,443
55$15,893,946$14,400,129$13,977,167$16,223,571
56$17,491,812$15,082,419$14,422,085$17,432,061
57$19,251,926$15,797,406$14,881,174$18,747,379
58$21,190,813$16,546,670$15,354,885$20,179,786
59$23,326,686$17,331,867$15,843,683$21,740,568
60$25,679,612$18,154,732$16,348,050$23,442,133
61$28,271,705$19,017,086$16,868,482$25,298,129
62$31,127,333$19,920,838$17,405,491$27,323,565
63$34,273,351$20,867,989$17,959,605$29,534,953
64$37,739,351$21,860,638$18,531,369$31,950,456
65$41,557,941$22,900,986$19,121,346$34,590,057
66$45,765,056$23,991,339$19,730,116$37,475,745
67$50,400,295$25,134,118$20,358,279$40,631,714
68$55,507,296$26,331,861$21,006,452$44,084,589
69$61,134,145$27,587,227$21,675,273$47,863,675
70$67,333,833$28,903,007$22,365,400$52,001,220
71$74,164,756$30,282,126$23,077,513$56,532,725
72$81,691,263$31,727,652$23,812,312$61,497,266
73$89,984,268$33,242,803$24,570,521$66,937,857
74$99,121,915$34,830,952$25,352,885$72,901,853
75$109,190,319$36,495,637$26,160,174$79,441,392
76$120,284,375$38,240,567$26,993,184$86,613,875
77$132,508,660$40,069,633$27,852,734$94,482,503
78$145,978,412$41,986,915$28,739,670$103,116,869
79$160,820,627$43,996,690$29,654,866$112,593,606
80$177,175,249$46,103,445$30,599,221$122,997,099
81$195,196,495$48,311,886$31,573,667$134,420,278
82$215,054,315$50,626,945$32,579,161$146,965,486
83$236,935,986$53,053,797$33,616,695$160,745,431
84$261,047,892$55,597,868$34,687,289$175,884,248
85$287,617,461$58,264,848$35,791,997$192,518,656
86$316,895,321$61,060,704$36,931,908$210,799,238
87$349,157,661$63,991,695$38,108,144$230,891,856
88$384,708,838$67,064,384$39,321,863$252,979,203
89$423,884,254$70,285,653$40,574,259$277,262,513
90$467,053,518$73,662,721$41,866,567$303,963,454
91$514,623,939$77,203,156$43,200,059$333,326,206
92$567,044,368$80,914,898$44,576,049$365,619,749
93$624,809,438$84,806,272$45,995,891$401,140,394
94$688,464,231$88,886,010$47,460,983$440,214,563
95$758,609,426$93,163,268$48,972,770$483,201,853
96$835,906,969$97,647,650$50,532,739$530,498,420
97$921,086,322$102,349,227$52,142,428$582,540,699
98$1,014,951,350$107,278,562$53,803,422$639,809,507
99$1,118,387,908$112,446,732$55,517,358$702,834,565
100$1,232,372,209$117,865,356$57,285,923$772,199,479