Can I retire at age 54 with 13,300,000?

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 $13,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,046,008
2 years$543,714$533,587$523,774$514,258$505,029$490,393
3 years$358,875$348,705$338,916$329,490$320,411$306,147
4 years$266,474$256,335$246,644$237,379$228,520$214,737
5 years$211,048$200,970$191,406$182,330$173,717$160,456
6 years$174,109$164,107$154,685$145,811$137,456$124,733
7 years$147,735$137,817$128,544$119,879$111,789$99,607
8 years$127,963$118,135$109,015$100,564$92,740$81,098
9 years$112,593$102,857$93,895$85,658$78,100$66,994
10 years$100,304$90,664$81,860$73,838$66,545$55,966
11 years$90,256$80,713$72,068$64,261$57,231$47,169
12 years$81,889$72,443$63,958$56,366$49,595$40,038
13 years$74,814$65,468$57,143$49,762$43,248$34,183
14 years$68,756$59,508$51,343$44,173$37,911$29,325
15 years$63,510$54,362$46,356$39,395$33,380$25,258
16 years$58,924$49,876$42,028$35,274$29,501$21,827
17 years$54,882$45,934$38,244$31,693$26,158$18,917
18 years$51,293$42,445$34,912$28,562$23,258$16,434
19 years$48,086$39,338$31,960$25,808$20,731$14,306
20 years$45,202$36,554$29,331$23,374$18,517$12,476
21 years$42,597$34,049$26,979$21,214$16,571$10,897
22 years$40,232$31,783$24,866$19,288$14,853$9,530
23 years$38,076$29,726$22,959$17,566$13,333$8,344
24 years$36,102$27,852$21,233$16,021$11,984$7,313
25 years$34,289$26,137$19,666$14,632$10,784$6,415
26 years$32,619$24,565$18,239$13,378$9,714$5,632
27 years$31,074$23,119$16,937$12,246$8,758$4,947
28 years$29,643$21,784$15,745$11,220$7,902$4,348
29 years$28,312$20,551$14,652$10,289$7,136$3,824
30 years$27,073$19,408$13,648$9,442$6,447$3,364
31 years$25,916$18,347$12,723$8,672$5,829$2,961
32 years$24,833$17,360$11,871$7,970$5,273$2,607
33 years$23,818$16,441$11,084$7,329$4,772$2,296
34 years$22,865$15,582$10,356$6,743$4,320$2,022
35 years$21,968$14,779$9,683$6,208$3,913$1,782
36 years$21,123$14,028$9,058$5,717$3,546$1,570
37 years$20,326$13,323$8,478$5,267$3,213$1,384
38 years$19,572$12,662$7,939$4,855$2,913$1,220
39 years$18,859$12,040$7,438$4,477$2,642$1,076
40 years$18,183$11,455$6,972$4,129$2,396$949
41 years$17,542$10,904$6,537$3,810$2,174$837
42 years$16,933$10,385$6,132$3,516$1,973$738
43 years$16,354$9,895$5,754$3,245$1,790$651
44 years$15,802$9,432$5,401$2,997$1,625$574
45 years$15,277$8,994$5,072$2,768$1,475$507
46 years$14,776$8,580$4,764$2,556$1,339$447
47 years$14,298$8,188$4,475$2,362$1,216$394
48 years$13,841$7,816$4,205$2,182$1,105$348
49 years$13,404$7,464$3,953$2,017$1,003$307
50 years$12,985$7,130$3,716$1,864$911$271

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $13,300,000, adding $3,917 every year, while hoping to spend $53,028 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: 51/33/16 Blend
53$13,300,000$13,300,000$13,300,000$13,300,000
54$14,660,640$13,955,740$13,749,590$15,343,967
55$16,099,604$14,583,150$14,153,780$16,441,168
56$17,683,565$15,239,526$14,569,733$17,627,516
57$19,427,257$15,926,231$14,997,787$18,916,140
58$21,346,914$16,644,693$15,438,290$20,316,716
59$23,460,426$17,396,410$15,891,600$21,839,877
60$25,787,504$18,182,948$16,358,083$23,497,303
61$28,349,869$19,005,952$16,838,118$25,301,833
62$31,171,454$19,867,142$17,332,093$27,267,580
63$34,278,632$20,768,322$17,840,408$29,410,055
64$37,700,465$21,711,382$18,363,474$31,746,314
65$41,468,975$22,698,303$18,901,713$34,295,111
66$45,619,450$23,731,159$19,455,560$37,077,067
67$50,190,773$24,812,125$20,025,461$40,114,863
68$55,225,793$25,943,480$20,611,875$43,433,445
69$60,771,725$27,127,612$21,215,274$47,060,254
70$66,880,598$28,367,022$21,836,143$51,025,478
71$73,609,747$29,664,334$22,474,981$55,362,331
72$81,022,349$31,022,294$23,132,301$60,107,356
73$89,188,026$32,443,784$23,808,630$65,300,766
74$98,183,495$33,931,820$24,504,510$70,986,813
75$108,093,299$35,489,566$25,220,498$77,214,197
76$119,010,598$37,120,338$25,957,168$84,036,520
77$131,038,053$38,827,608$26,715,106$91,512,779
78$144,288,791$40,615,018$27,494,920$99,707,916
79$158,887,479$42,486,384$28,297,230$108,693,418
80$174,971,491$44,445,706$29,122,676$118,547,984
81$192,692,213$46,497,176$29,971,916$129,358,255
82$212,216,468$48,645,187$30,845,625$141,219,623
83$233,728,091$50,894,344$31,744,496$154,237,116
84$257,429,664$53,249,475$32,669,245$168,526,378
85$283,544,429$55,715,639$33,620,604$184,214,748
86$312,318,394$58,298,138$34,599,327$201,442,448
87$344,022,654$61,002,531$35,606,189$220,363,893
88$378,955,954$63,834,645$36,641,986$241,149,131
89$417,447,506$66,800,586$37,707,536$263,985,436
90$459,860,093$69,906,757$38,803,681$289,079,055
91$506,593,503$73,159,868$39,931,284$316,657,143
92$558,088,292$76,566,953$41,091,234$346,969,884
93$614,829,950$80,135,387$42,284,443$380,292,836
94$677,353,482$83,872,898$43,511,849$416,929,514
95$746,248,457$87,787,590$44,774,416$457,214,233
96$822,164,575$91,887,956$46,073,133$501,515,242
97$905,817,798$96,182,902$47,409,020$550,238,176
98$997,997,111$100,681,763$48,783,120$603,829,866
99$1,099,571,970$105,394,323$50,196,508$662,782,529
100$1,211,500,508$110,330,842$51,650,288$727,638,390