Can I retire at age 54 with 13,200,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $13,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,034,723
2 years$539,626$529,576$519,835$510,392$501,232$483,290
3 years$356,177$346,083$336,368$327,013$318,002$300,540
4 years$264,470$254,408$244,790$235,594$226,802$209,954
5 years$209,461$199,459$189,967$180,959$172,411$156,227
6 years$172,800$162,873$153,521$144,714$136,423$120,920
7 years$146,624$136,781$127,577$118,978$110,948$96,131
8 years$127,001$117,246$108,195$99,807$92,042$77,908
9 years$111,746$102,084$93,189$85,014$77,513$64,054
10 years$99,550$89,982$81,244$73,283$66,045$53,249
11 years$89,578$80,106$71,526$63,778$56,801$44,655
12 years$81,273$71,899$63,477$55,942$49,222$37,710
13 years$74,252$64,975$56,713$49,388$42,923$32,027
14 years$68,239$59,061$50,957$43,841$37,626$27,328
15 years$63,032$53,953$46,007$39,099$33,129$23,409
16 years$58,481$49,501$41,712$35,009$29,279$20,117
17 years$54,469$45,589$37,956$31,455$25,961$17,336
18 years$50,907$42,126$34,649$28,347$23,083$14,974
19 years$47,724$39,042$31,720$25,614$20,575$12,959
20 years$44,863$36,280$29,111$23,199$18,378$11,234
21 years$42,277$33,793$26,776$21,054$16,446$9,753
22 years$39,930$31,544$24,679$19,143$14,742$8,478
23 years$37,790$29,503$22,786$17,434$13,233$7,377
24 years$35,831$27,642$21,073$15,901$11,894$6,425
25 years$34,032$25,941$19,518$14,522$10,703$5,601
26 years$32,373$24,380$18,102$13,278$9,641$4,886
27 years$30,841$22,945$16,809$12,153$8,692$4,264
28 years$29,420$21,621$15,627$11,135$7,843$3,724
29 years$28,100$20,397$14,542$10,211$7,082$3,253
30 years$26,869$19,262$13,545$9,371$6,399$2,844
31 years$25,721$18,209$12,628$8,607$5,785$2,486
32 years$24,647$17,230$11,782$7,910$5,233$2,174
33 years$23,639$16,317$11,001$7,274$4,736$1,902
34 years$22,693$15,465$10,279$6,693$4,288$1,664
35 years$21,803$14,668$9,610$6,161$3,884$1,457
36 years$20,965$13,922$8,990$5,674$3,519$1,275
37 years$20,173$13,223$8,414$5,228$3,189$1,116
38 years$19,425$12,566$7,880$4,819$2,891$977
39 years$18,717$11,949$7,382$4,443$2,622$856
40 years$18,046$11,369$6,919$4,098$2,378$750
41 years$17,410$10,822$6,488$3,781$2,158$657
42 years$16,806$10,307$6,086$3,489$1,958$575
43 years$16,231$9,820$5,711$3,221$1,777$504
44 years$15,683$9,361$5,361$2,974$1,613$441
45 years$15,162$8,926$5,034$2,747$1,464$387
46 years$14,665$8,515$4,728$2,537$1,329$339
47 years$14,190$8,126$4,442$2,344$1,207$297
48 years$13,737$7,757$4,174$2,166$1,096$260
49 years$13,303$7,408$3,923$2,002$996$228
50 years$12,888$7,076$3,688$1,850$904$200

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $13,200,000, adding $6,415 every year, while hoping to spend $49,165 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: 69/6/25 Blend
53$13,200,000$13,200,000$13,200,000$13,200,000
54$14,553,017$13,853,417$13,648,817$15,463,730
55$15,985,114$14,479,923$14,053,741$16,701,536
56$17,561,636$15,135,481$14,470,583$18,049,389
57$19,297,264$15,821,460$14,899,688$19,523,311
58$21,208,173$16,539,300$15,341,416$21,135,783
59$23,312,187$17,290,505$15,796,133$22,900,549
60$25,628,944$18,076,654$16,264,218$24,832,739
61$28,180,086$18,899,400$16,746,059$26,949,013
62$30,989,460$19,760,476$17,242,057$29,267,716
63$34,083,343$20,661,697$17,752,624$31,809,051
64$37,490,690$21,604,966$18,278,183$34,595,262
65$41,243,408$22,592,277$18,819,169$37,650,851
66$45,376,656$23,625,719$19,376,032$41,002,798
67$49,929,178$24,707,483$19,949,232$44,680,820
68$54,943,666$25,839,861$20,539,243$48,717,648
69$60,467,166$27,025,261$21,146,554$53,149,332
70$66,551,519$28,266,201$21,771,666$58,015,578
71$73,253,853$29,565,323$22,415,095$63,360,125
72$80,637,117$30,925,396$23,077,373$69,231,152
73$88,770,683$32,349,320$23,759,045$75,681,730
74$97,730,994$33,840,137$24,460,673$82,770,321
75$107,602,285$35,401,034$25,182,836$90,561,328
76$118,477,384$37,035,350$25,926,127$99,125,698
77$130,458,582$38,746,588$26,691,157$108,541,590
78$143,658,603$40,538,416$27,478,557$118,895,110
79$158,201,663$42,414,681$28,288,971$130,281,120
80$174,224,647$44,379,414$29,123,065$142,804,129
81$191,878,397$46,436,842$29,981,524$156,579,278
82$211,329,138$48,591,392$30,865,050$171,733,423
83$232,760,049$50,847,709$31,774,367$188,406,327
84$256,372,985$53,210,658$32,710,220$206,751,977
85$282,390,391$55,685,341$33,673,374$226,940,034
86$311,057,393$58,277,105$34,664,614$249,157,429
87$342,644,120$60,991,557$35,684,752$273,610,122
88$377,448,248$63,834,570$36,734,619$300,525,046
89$415,797,812$66,812,306$37,815,071$330,152,242
90$458,054,300$69,931,221$38,926,987$362,767,214
91$504,616,072$73,198,084$40,071,275$398,673,524
92$555,922,112$76,619,991$41,248,863$438,205,656
93$612,456,176$80,204,380$42,460,709$481,732,164
94$674,751,361$83,959,049$43,707,797$529,659,149
95$743,395,131$87,892,173$44,991,139$582,434,085
96$819,034,868$92,012,324$46,311,776$640,550,035
97$902,383,982$96,328,484$47,670,778$704,550,306
98$994,228,643$100,850,075$49,069,244$775,033,562
99$1,095,435,206$105,586,971$50,508,306$852,659,477
100$1,206,958,389$110,549,525$51,989,126$938,154,952