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%13.1%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,046,874
2 years$543,714$533,587$523,774$514,258$505,029$491,260
3 years$358,875$348,705$338,916$329,490$320,411$306,987
4 years$266,474$256,335$246,644$237,379$228,520$215,544
5 years$211,048$200,970$191,406$182,330$173,717$161,228
6 years$174,109$164,107$154,685$145,811$137,456$125,468
7 years$147,735$137,817$128,544$119,879$111,789$100,306
8 years$127,963$118,135$109,015$100,564$92,740$81,762
9 years$112,593$102,857$93,895$85,658$78,100$67,622
10 years$100,304$90,664$81,860$73,838$66,545$56,559
11 years$90,256$80,713$72,068$64,261$57,231$47,728
12 years$81,889$72,443$63,958$56,366$49,595$40,565
13 years$74,814$65,468$57,143$49,762$43,248$34,678
14 years$68,756$59,508$51,343$44,173$37,911$29,789
15 years$63,510$54,362$46,356$39,395$33,380$25,692
16 years$58,924$49,876$42,028$35,274$29,501$22,234
17 years$54,882$45,934$38,244$31,693$26,158$19,296
18 years$51,293$42,445$34,912$28,562$23,258$16,788
19 years$48,086$39,338$31,960$25,808$20,731$14,636
20 years$45,202$36,554$29,331$23,374$18,517$12,783
21 years$42,597$34,049$26,979$21,214$16,571$11,181
22 years$40,232$31,783$24,866$19,288$14,853$9,794
23 years$38,076$29,726$22,959$17,566$13,333$8,588
24 years$36,102$27,852$21,233$16,021$11,984$7,539
25 years$34,289$26,137$19,666$14,632$10,784$6,623
26 years$32,619$24,565$18,239$13,378$9,714$5,824
27 years$31,074$23,119$16,937$12,246$8,758$5,124
28 years$29,643$21,784$15,745$11,220$7,902$4,511
29 years$28,312$20,551$14,652$10,289$7,136$3,973
30 years$27,073$19,408$13,648$9,442$6,447$3,501
31 years$25,916$18,347$12,723$8,672$5,829$3,087
32 years$24,833$17,360$11,871$7,970$5,273$2,722
33 years$23,818$16,441$11,084$7,329$4,772$2,401
34 years$22,865$15,582$10,356$6,743$4,320$2,119
35 years$21,968$14,779$9,683$6,208$3,913$1,870
36 years$21,123$14,028$9,058$5,717$3,546$1,651
37 years$20,326$13,323$8,478$5,267$3,213$1,458
38 years$19,572$12,662$7,939$4,855$2,913$1,287
39 years$18,859$12,040$7,438$4,477$2,642$1,137
40 years$18,183$11,455$6,972$4,129$2,396$1,004
41 years$17,542$10,904$6,537$3,810$2,174$887
42 years$16,933$10,385$6,132$3,516$1,973$784
43 years$16,354$9,895$5,754$3,245$1,790$693
44 years$15,802$9,432$5,401$2,997$1,625$612
45 years$15,277$8,994$5,072$2,768$1,475$541
46 years$14,776$8,580$4,764$2,556$1,339$478
47 years$14,298$8,188$4,475$2,362$1,216$422
48 years$13,841$7,816$4,205$2,182$1,105$373
49 years$13,404$7,464$3,953$2,017$1,003$330
50 years$12,985$7,130$3,716$1,864$911$292

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 $2,704 every year, while hoping to spend $49,021 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: 60/19/21 Blend
53$13,300,000$13,300,000$13,300,000$13,300,000
54$14,659,389$13,954,489$13,748,339$15,457,712
55$16,102,489$14,586,101$14,156,751$16,630,676
56$17,691,142$15,247,019$14,577,201$17,904,201
57$19,440,143$15,938,627$15,010,041$19,292,558
58$21,365,793$16,662,376$15,455,634$20,806,893
59$23,486,057$17,419,786$15,914,351$22,459,469
60$25,820,728$18,212,448$16,386,575$24,263,772
61$28,391,617$19,042,033$16,872,699$26,234,643
62$31,222,757$19,910,288$17,373,130$28,388,409
63$34,340,633$20,819,046$17,888,284$30,743,038
64$37,774,426$21,770,228$18,418,590$33,318,300
65$41,556,294$22,765,846$18,964,489$36,135,955
66$45,721,672$23,808,008$19,526,436$39,219,953
67$50,309,608$24,898,926$20,104,897$42,596,652
68$55,363,129$26,040,915$20,700,352$46,295,070
69$60,929,651$27,236,402$21,313,297$50,347,148
70$67,061,422$28,487,932$21,944,238$54,788,050
71$73,816,017$29,798,171$22,593,700$59,656,491
72$81,256,882$31,169,913$23,262,221$64,995,094
73$89,453,932$32,606,086$23,950,353$70,850,792
74$98,484,209$34,109,761$24,658,667$77,275,260
75$108,432,613$35,684,154$25,387,747$84,325,403
76$119,392,700$37,332,638$26,138,196$92,063,882
77$131,467,564$39,058,745$26,910,634$100,559,703
78$144,770,813$40,866,182$27,705,698$109,888,861
79$159,427,641$42,758,830$28,524,044$120,135,049
80$175,576,007$44,740,759$29,366,346$131,390,444
81$193,367,939$46,816,235$30,233,298$143,756,568
82$212,970,968$48,989,730$31,125,613$157,345,239
83$234,569,710$51,265,930$32,044,024$172,279,618
84$258,367,609$53,649,749$32,989,287$188,695,367
85$284,588,854$56,146,336$33,962,178$206,741,913
86$313,480,501$58,761,090$34,963,494$226,583,860
87$345,314,798$61,499,670$35,994,058$248,402,526
88$380,391,762$64,368,008$37,054,712$272,397,645
89$419,042,003$67,372,322$38,146,327$298,789,248
90$461,629,853$70,519,131$39,269,795$327,819,723
91$508,556,799$73,815,270$40,426,034$359,756,094
92$560,265,276$77,267,901$41,615,989$394,892,534
93$617,242,841$80,884,536$42,840,632$433,553,123
94$680,026,779$84,673,046$44,100,961$476,094,901
95$749,209,172$88,641,686$45,398,004$522,911,219
96$825,442,487$92,799,109$46,732,818$574,435,445
97$909,445,742$97,154,386$48,106,488$631,145,036
98$1,002,011,284$101,717,027$49,520,131$693,566,031
99$1,104,012,276$106,497,003$50,974,898$762,278,003
100$1,216,410,939$111,504,767$52,471,967$837,919,512