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

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 $13,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,024,647
2 years$539,626$529,576$519,835$510,392$501,232$473,278
3 years$356,177$346,083$336,368$327,013$318,002$290,909
4 years$264,470$254,408$244,790$235,594$226,802$200,778
5 years$209,461$199,459$189,967$180,959$172,411$147,528
6 years$172,800$162,873$153,521$144,714$136,423$112,704
7 years$146,624$136,781$127,577$118,978$110,948$88,396
8 years$127,001$117,246$108,195$99,807$92,042$70,645
9 years$111,746$102,084$93,189$85,014$77,513$57,251
10 years$99,550$89,982$81,244$73,283$66,045$46,894
11 years$89,578$80,106$71,526$63,778$56,801$38,731
12 years$81,273$71,899$63,477$55,942$49,222$32,200
13 years$74,252$64,975$56,713$49,388$42,923$26,914
14 years$68,239$59,061$50,957$43,841$37,626$22,593
15 years$63,032$53,953$46,007$39,099$33,129$19,033
16 years$58,481$49,501$41,712$35,009$29,279$16,081
17 years$54,469$45,589$37,956$31,455$25,961$13,620
18 years$50,907$42,126$34,649$28,347$23,083$11,559
19 years$47,724$39,042$31,720$25,614$20,575$9,827
20 years$44,863$36,280$29,111$23,199$18,378$8,366
21 years$42,277$33,793$26,776$21,054$16,446$7,131
22 years$39,930$31,544$24,679$19,143$14,742$6,085
23 years$37,790$29,503$22,786$17,434$13,233$5,196
24 years$35,831$27,642$21,073$15,901$11,894$4,441
25 years$34,032$25,941$19,518$14,522$10,703$3,798
26 years$32,373$24,380$18,102$13,278$9,641$3,250
27 years$30,841$22,945$16,809$12,153$8,692$2,782
28 years$29,420$21,621$15,627$11,135$7,843$2,382
29 years$28,100$20,397$14,542$10,211$7,082$2,041
30 years$26,869$19,262$13,545$9,371$6,399$1,749
31 years$25,721$18,209$12,628$8,607$5,785$1,499
32 years$24,647$17,230$11,782$7,910$5,233$1,285
33 years$23,639$16,317$11,001$7,274$4,736$1,102
34 years$22,693$15,465$10,279$6,693$4,288$945
35 years$21,803$14,668$9,610$6,161$3,884$810
36 years$20,965$13,922$8,990$5,674$3,519$695
37 years$20,173$13,223$8,414$5,228$3,189$596
38 years$19,425$12,566$7,880$4,819$2,891$512
39 years$18,717$11,949$7,382$4,443$2,622$439
40 years$18,046$11,369$6,919$4,098$2,378$377
41 years$17,410$10,822$6,488$3,781$2,158$323
42 years$16,806$10,307$6,086$3,489$1,958$277
43 years$16,231$9,820$5,711$3,221$1,777$238
44 years$15,683$9,361$5,361$2,974$1,613$204
45 years$15,162$8,926$5,034$2,747$1,464$175
46 years$14,665$8,515$4,728$2,537$1,329$150
47 years$14,190$8,126$4,442$2,344$1,207$129
48 years$13,737$7,757$4,174$2,166$1,096$111
49 years$13,303$7,408$3,923$2,002$996$95
50 years$12,888$7,076$3,688$1,850$904$82

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 $2,058 every year, while hoping to spend $46,933 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: 25/50/25 Blend
53$13,200,000$13,200,000$13,200,000$13,200,000
54$14,548,523$13,848,923$13,644,323$14,797,106
55$15,982,536$14,477,584$14,051,471$15,630,145
56$17,561,245$15,135,476$14,470,686$16,518,551
57$19,299,360$15,823,982$14,902,322$17,470,142
58$21,213,089$16,544,552$15,346,745$18,490,238
59$23,320,293$17,298,703$15,804,329$19,584,654
60$25,640,650$18,088,027$16,275,461$20,759,745
61$28,195,847$18,914,191$16,760,539$22,022,464
62$31,009,779$19,778,942$17,259,973$23,380,416
63$34,108,777$20,684,111$17,774,184$24,841,925
64$37,521,858$21,631,618$18,303,604$26,416,103
65$41,280,994$22,623,473$18,848,681$28,112,929
66$45,421,416$23,661,785$19,409,873$29,943,332
67$49,981,949$24,748,761$19,987,652$31,919,291
68$55,005,374$25,886,716$20,582,505$34,053,930
69$60,538,834$27,078,077$21,194,931$36,361,641
70$66,634,279$28,325,387$21,825,445$38,858,200
71$73,348,955$29,631,310$22,474,576$41,560,916
72$80,745,944$30,998,640$23,142,870$44,488,772
73$88,894,760$32,430,303$23,830,886$47,662,600
74$97,872,007$33,929,370$24,539,203$51,105,264
75$107,762,098$35,499,055$25,268,412$54,841,858
76$118,658,053$37,142,729$26,019,124$58,899,937
77$130,662,378$38,863,927$26,791,969$63,309,757
78$143,888,032$40,666,351$27,587,592$68,104,547
79$158,459,493$42,553,884$28,406,658$73,320,809
80$174,513,932$44,530,595$29,249,851$78,998,645
81$192,202,508$46,600,749$30,117,876$85,182,119
82$211,691,796$48,768,817$31,011,457$91,919,654
83$233,165,357$51,039,487$31,931,338$99,264,473
84$256,825,472$53,417,671$32,878,287$107,275,079
85$282,895,053$55,908,519$33,853,092$116,015,790
86$311,619,743$58,517,431$34,856,565$125,557,321
87$343,270,236$61,250,065$35,889,540$135,977,433
88$378,144,837$64,112,355$36,952,876$147,361,644
89$416,572,269$67,110,519$38,047,456$159,804,006
90$458,914,784$70,251,078$39,174,190$173,407,976
91$505,571,578$73,540,867$40,334,011$188,287,358
92$556,982,561$76,987,051$41,527,882$204,567,354
93$613,632,509$80,597,143$42,756,793$222,385,717
94$676,055,640$84,379,018$44,021,761$241,894,017
95$744,840,657$88,340,932$45,323,832$263,259,044
96$820,636,308$92,491,542$46,664,084$286,664,345
97$904,157,505$96,839,921$48,043,624$312,311,926
98$996,192,077$101,395,584$49,463,592$340,424,118
99$1,097,608,206$106,168,505$50,925,160$371,245,640
100$1,209,362,624$111,169,142$52,429,534$405,045,868