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%13.8%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,043,850
2 years$543,714$533,587$523,774$514,258$505,029$488,237
3 years$358,875$348,705$338,916$329,490$320,411$304,060
4 years$266,474$256,335$246,644$237,379$228,520$212,735
5 years$211,048$200,970$191,406$182,330$173,717$158,545
6 years$174,109$164,107$154,685$145,811$137,456$122,914
7 years$147,735$137,817$128,544$119,879$111,789$97,881
8 years$127,963$118,135$109,015$100,564$92,740$79,464
9 years$112,593$102,857$93,895$85,658$78,100$65,449
10 years$100,304$90,664$81,860$73,838$66,545$54,509
11 years$90,256$80,713$72,068$64,261$57,231$45,798
12 years$81,889$72,443$63,958$56,366$49,595$38,750
13 years$74,814$65,468$57,143$49,762$43,248$32,975
14 years$68,756$59,508$51,343$44,173$37,911$28,194
15 years$63,510$54,362$46,356$39,395$33,380$24,201
16 years$58,924$49,876$42,028$35,274$29,501$20,841
17 years$54,882$45,934$38,244$31,693$26,158$17,998
18 years$51,293$42,445$34,912$28,562$23,258$15,580
19 years$48,086$39,338$31,960$25,808$20,731$13,513
20 years$45,202$36,554$29,331$23,374$18,517$11,741
21 years$42,597$34,049$26,979$21,214$16,571$10,216
22 years$40,232$31,783$24,866$19,288$14,853$8,901
23 years$38,076$29,726$22,959$17,566$13,333$7,763
24 years$36,102$27,852$21,233$16,021$11,984$6,778
25 years$34,289$26,137$19,666$14,632$10,784$5,922
26 years$32,619$24,565$18,239$13,378$9,714$5,178
27 years$31,074$23,119$16,937$12,246$8,758$4,530
28 years$29,643$21,784$15,745$11,220$7,902$3,966
29 years$28,312$20,551$14,652$10,289$7,136$3,473
30 years$27,073$19,408$13,648$9,442$6,447$3,043
31 years$25,916$18,347$12,723$8,672$5,829$2,667
32 years$24,833$17,360$11,871$7,970$5,273$2,339
33 years$23,818$16,441$11,084$7,329$4,772$2,051
34 years$22,865$15,582$10,356$6,743$4,320$1,799
35 years$21,968$14,779$9,683$6,208$3,913$1,579
36 years$21,123$14,028$9,058$5,717$3,546$1,385
37 years$20,326$13,323$8,478$5,267$3,213$1,216
38 years$19,572$12,662$7,939$4,855$2,913$1,067
39 years$18,859$12,040$7,438$4,477$2,642$937
40 years$18,183$11,455$6,972$4,129$2,396$823
41 years$17,542$10,904$6,537$3,810$2,174$723
42 years$16,933$10,385$6,132$3,516$1,973$635
43 years$16,354$9,895$5,754$3,245$1,790$557
44 years$15,802$9,432$5,401$2,997$1,625$489
45 years$15,277$8,994$5,072$2,768$1,475$430
46 years$14,776$8,580$4,764$2,556$1,339$378
47 years$14,298$8,188$4,475$2,362$1,216$332
48 years$13,841$7,816$4,205$2,182$1,105$291
49 years$13,404$7,464$3,953$2,017$1,003$256
50 years$12,985$7,130$3,716$1,864$911$225

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 $2,529 every year, while hoping to spend $53,941 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: 61/26/13 Blend
53$13,300,000$13,300,000$13,300,000$13,300,000
54$14,659,209$13,954,309$13,748,159$15,507,038
55$16,097,055$14,580,677$14,151,329$16,703,350
56$17,679,754$15,235,929$14,566,198$18,001,869
57$19,422,024$15,921,425$14,993,100$19,417,523
58$21,340,081$16,638,585$15,432,380$20,961,650
59$23,451,796$17,388,903$15,884,391$22,646,716
60$25,776,859$18,173,939$16,349,499$24,486,433
61$28,336,968$18,995,331$16,828,076$26,495,882
62$31,156,030$19,854,794$17,320,508$28,691,656
63$34,260,390$20,754,124$17,827,190$31,092,005
64$37,679,078$21,695,204$18,348,529$33,717,014
65$41,444,082$22,680,007$18,884,943$36,588,780
66$45,590,652$23,710,600$19,436,861$39,731,619
67$50,157,628$24,789,150$20,004,726$43,172,293
68$55,187,813$25,917,925$20,588,992$46,940,253
69$60,728,372$27,099,305$21,190,124$51,067,917
70$66,831,276$28,335,782$21,808,604$55,590,965
71$73,553,798$29,629,967$22,444,924$60,548,676
72$80,959,048$30,984,597$23,099,592$65,984,288
73$89,116,570$32,402,542$23,773,127$71,945,404
74$98,103,000$33,886,807$24,466,067$78,484,431
75$108,002,787$35,440,541$25,178,961$85,659,070
76$118,908,991$37,067,047$25,912,376$93,532,856
77$130,924,159$38,769,784$26,666,892$102,175,746
78$144,161,298$40,552,378$27,443,108$111,664,772
79$158,744,936$42,418,630$28,241,637$122,084,766
80$174,812,300$44,372,523$29,063,112$133,529,145
81$192,514,609$46,418,231$29,908,181$146,100,788
82$212,018,504$48,560,129$30,777,510$159,912,997
83$233,507,620$50,802,804$31,671,785$175,090,560
84$257,184,317$53,151,062$32,591,710$191,770,911
85$283,271,593$55,609,940$33,538,008$210,105,427
86$312,015,188$58,184,719$34,511,423$230,260,838
87$343,685,901$60,880,934$35,512,720$252,420,794
88$378,582,149$63,704,386$36,542,682$276,787,586
89$417,032,784$66,661,156$37,602,117$303,584,041
90$459,400,193$69,757,618$38,691,854$333,055,613
91$506,083,726$73,000,455$39,812,744$365,472,690
92$557,523,457$76,396,668$40,965,662$401,133,128
93$614,204,346$79,953,601$42,151,508$440,365,049
94$676,660,810$83,678,949$43,371,205$483,529,923
95$745,481,774$87,580,778$44,625,701$531,025,965
96$821,316,225$91,667,547$45,915,972$583,291,875
97$904,879,343$95,948,119$47,243,020$640,810,964
98$996,959,248$100,431,789$48,607,873$704,115,696
99$1,098,424,442$105,128,298$50,011,588$773,792,696
100$1,210,232,011$110,047,859$51,455,251$850,488,265