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%11.5%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,038,029
2 years$535,538$525,564$515,897$506,525$497,434$490,794
3 years$353,479$343,462$333,820$324,536$315,593$309,100
4 years$262,467$252,481$242,935$233,810$225,083$218,789
5 years$207,874$197,948$188,528$179,588$171,105$165,028
6 years$171,491$161,639$152,358$143,618$135,389$129,537
7 years$145,513$135,744$126,611$118,076$110,108$104,483
8 years$126,039$116,358$107,376$99,051$91,345$85,948
9 years$110,900$101,311$92,483$84,370$76,926$71,755
10 years$98,796$89,300$80,629$72,728$65,545$60,597
11 years$88,899$79,499$70,984$63,295$56,371$51,643
12 years$80,658$71,354$62,997$55,518$48,850$44,339
13 years$73,689$64,483$56,283$49,014$42,598$38,298
14 years$67,722$58,613$50,571$43,509$37,341$33,248
15 years$62,555$53,544$45,659$38,803$32,878$28,986
16 years$58,038$49,126$41,396$34,744$29,058$25,362
17 years$54,057$45,243$37,669$31,217$25,764$22,258
18 years$50,522$41,807$34,387$28,133$22,909$19,586
19 years$47,362$38,746$31,480$25,420$20,419$17,273
20 years$44,523$36,005$28,890$23,023$18,239$15,264
21 years$41,957$33,537$26,574$20,895$16,321$13,511
22 years$39,627$31,305$24,492$18,998$14,630$11,978
23 years$37,503$29,279$22,614$17,302$13,133$10,633
24 years$35,559$27,433$20,914$15,780$11,804$9,449
25 years$33,774$25,744$19,370$14,412$10,622$8,406
26 years$32,128$24,196$17,965$13,177$9,568$7,485
27 years$30,607$22,771$16,682$12,061$8,626$6,670
28 years$29,197$21,457$15,508$11,051$7,783$5,947
29 years$27,887$20,242$14,432$10,134$7,028$5,307
30 years$26,666$19,117$13,443$9,300$6,350$4,738
31 years$25,526$18,071$12,532$8,542$5,741$4,232
32 years$24,460$17,099$11,693$7,850$5,194$3,781
33 years$23,460$16,193$10,918$7,219$4,700$3,380
34 years$22,521$15,348$10,201$6,642$4,255$3,023
35 years$21,638$14,557$9,537$6,114$3,854$2,704
36 years$20,806$13,817$8,922$5,631$3,492$2,420
37 years$20,020$13,123$8,350$5,188$3,165$2,165
38 years$19,278$12,471$7,820$4,782$2,869$1,938
39 years$18,575$11,859$7,326$4,409$2,602$1,736
40 years$17,910$11,283$6,867$4,067$2,360$1,554
41 years$17,278$10,740$6,439$3,752$2,141$1,392
42 years$16,678$10,229$6,040$3,463$1,943$1,247
43 years$16,108$9,746$5,668$3,197$1,763$1,117
44 years$15,565$9,290$5,320$2,952$1,601$1,001
45 years$15,047$8,859$4,995$2,726$1,453$897
46 years$14,554$8,451$4,692$2,518$1,319$804
47 years$14,083$8,065$4,408$2,326$1,198$720
48 years$13,632$7,699$4,142$2,150$1,088$646
49 years$13,202$7,352$3,893$1,987$988$579
50 years$12,790$7,023$3,660$1,836$898$519

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 $4,591 every year, while hoping to spend $31,191 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: 68/5/27 Blend
53$13,100,000$13,100,000$13,100,000$13,100,000
54$14,440,936$13,746,636$13,543,586$15,321,358
55$15,880,724$14,387,034$13,964,109$16,554,277
56$17,466,326$15,057,766$14,397,674$17,898,712
57$19,212,580$15,760,286$14,844,685$19,368,956
58$21,135,840$16,496,117$15,305,559$20,977,459
59$23,254,126$17,266,856$15,780,725$22,737,928
60$25,587,293$18,074,179$16,270,626$24,665,455
61$28,157,222$18,919,839$16,775,717$26,776,654
62$30,988,025$19,805,677$17,296,470$29,089,822
63$34,106,271$20,733,623$17,833,369$31,625,105
64$37,541,238$21,705,698$18,386,915$34,404,690
65$41,325,190$22,724,023$18,957,622$37,453,008
66$45,493,680$23,790,820$19,546,023$40,796,967
67$50,085,885$24,908,420$20,152,664$44,466,199
68$55,144,978$26,079,266$20,778,111$48,493,342
69$60,718,534$27,305,918$21,422,947$52,914,345
70$66,858,980$28,591,063$22,087,770$57,768,801
71$73,624,086$29,937,515$22,773,201$63,100,323
72$81,077,515$31,348,226$23,479,876$68,956,950
73$89,289,424$32,826,291$24,208,453$75,391,599
74$98,337,120$34,374,955$24,959,612$82,462,563
75$108,305,797$35,997,618$25,734,049$90,234,054
76$119,289,335$37,697,848$26,532,486$98,776,812
77$131,391,188$39,479,384$27,355,666$108,168,765
78$144,725,363$41,346,147$28,204,354$118,495,763
79$159,417,490$43,302,248$29,079,340$129,852,386
80$175,606,013$45,351,997$29,981,437$142,342,831
81$193,443,496$47,499,914$30,911,485$156,081,894
82$213,098,060$49,750,738$31,870,347$171,196,049
83$234,754,975$52,109,437$32,858,917$187,824,639
84$258,618,404$54,581,221$33,878,112$206,121,186
85$284,913,333$57,171,553$34,928,881$226,254,836
86$313,887,694$59,886,160$36,012,199$248,411,954
87$345,814,706$62,731,049$37,129,075$272,797,873
88$380,995,453$65,712,517$38,280,546$299,638,836
89$419,761,726$68,837,168$39,467,681$329,184,118
90$462,479,159$72,111,926$40,691,585$361,708,382
91$509,550,675$75,544,052$41,953,395$397,514,260
92$561,420,293$79,141,159$43,254,283$436,935,209
93$618,577,318$82,911,231$44,595,456$480,338,652
94$681,560,962$86,862,640$45,978,162$528,129,439
95$750,965,435$91,004,163$47,403,685$580,753,666
96$827,445,549$95,345,007$48,873,348$638,702,875
97$911,722,906$99,894,823$50,388,517$702,518,695
98$1,004,592,708$104,663,735$51,950,597$772,797,941
99$1,106,931,263$109,662,357$53,561,041$850,198,245
100$1,219,704,258$114,901,819$55,221,342$935,444,257