Can I retire at age 54 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,037,076
2 years$551,890$541,611$531,650$521,992$512,623$473,335
3 years$364,272$353,949$344,013$334,445$325,229$287,320
4 years$270,481$260,190$250,353$240,949$231,956$195,716
5 years$214,222$203,992$194,284$185,072$176,329$141,852
6 years$176,727$166,575$157,011$148,003$139,524$106,834
7 years$149,956$139,889$130,477$121,682$113,470$82,560
8 years$129,887$119,911$110,654$102,076$94,134$64,977
9 years$114,286$104,404$95,307$86,946$79,275$51,830
10 years$101,812$92,027$83,091$74,948$67,546$41,765
11 years$91,613$81,926$73,152$65,227$58,092$33,921
12 years$83,120$73,533$64,920$57,213$50,341$27,719
13 years$75,940$66,452$58,002$50,511$43,898$22,763
14 years$69,790$60,403$52,115$44,838$38,481$18,767
15 years$64,465$55,179$47,053$39,987$33,882$15,521
16 years$59,810$50,626$42,660$35,804$29,945$12,871
17 years$55,707$46,625$38,819$32,170$26,551$10,695
18 years$52,064$43,083$35,437$28,992$23,608$8,903
19 years$48,809$39,929$32,441$26,196$21,042$7,422
20 years$45,882$37,104$29,772$23,726$18,795$6,194
21 years$43,238$34,561$27,385$21,533$16,820$5,175
22 years$40,837$32,261$25,239$19,578$15,077$4,327
23 years$38,649$30,173$23,304$17,830$13,534$3,620
24 years$36,645$28,271$21,552$16,262$12,164$3,031
25 years$34,805$26,531$19,962$14,852$10,946$2,539
26 years$33,109$24,934$18,514$13,580$9,860$2,127
27 years$31,542$23,466$17,192$12,430$8,889$1,783
28 years$30,089$22,112$15,982$11,388$8,021$1,495
29 years$28,738$20,860$14,872$10,443$7,243$1,254
30 years$27,480$19,700$13,853$9,584$6,544$1,051
31 years$26,306$18,623$12,915$8,802$5,917$882
32 years$25,207$17,621$12,050$8,090$5,352$740
33 years$24,177$16,688$11,251$7,439$4,844$621
34 years$23,209$15,816$10,512$6,845$4,385$521
35 years$22,299$15,001$9,828$6,301$3,972$437
36 years$21,441$14,239$9,194$5,803$3,599$367
37 years$20,632$13,523$8,605$5,347$3,262$308
38 years$19,867$12,852$8,059$4,928$2,957$259
39 years$19,143$12,221$7,550$4,544$2,682$217
40 years$18,457$11,627$7,077$4,191$2,432$182
41 years$17,806$11,068$6,636$3,867$2,207$153
42 years$17,187$10,541$6,224$3,569$2,002$128
43 years$16,600$10,043$5,841$3,294$1,817$108
44 years$16,040$9,573$5,483$3,042$1,649$91
45 years$15,507$9,129$5,148$2,809$1,497$76
46 years$14,998$8,709$4,835$2,595$1,360$64
47 years$14,513$8,311$4,543$2,397$1,235$54
48 years$14,049$7,934$4,269$2,215$1,121$45
49 years$13,605$7,576$4,012$2,047$1,018$38
50 years$13,181$7,237$3,772$1,892$925$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $13,500,000, adding $4,712 every year, while hoping to spend $40,115 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: 64/27/9 Blend
53$13,500,000$13,500,000$13,500,000$13,500,000
54$14,881,860$14,166,360$13,957,110$15,806,041
55$16,357,128$14,817,830$14,381,992$17,074,430
56$17,981,529$15,499,877$14,819,762$18,454,092
57$19,770,231$16,213,958$15,270,810$19,959,945
58$21,739,951$16,961,598$15,735,539$21,604,246
59$23,909,106$17,744,397$16,214,360$23,400,478
60$26,297,994$18,564,031$16,707,699$25,363,469
61$28,928,978$19,422,257$17,215,996$27,509,532
62$31,826,702$20,320,916$17,739,700$29,856,611
63$35,018,324$21,261,939$18,279,279$32,424,450
64$38,533,769$22,247,350$18,835,210$35,234,771
65$42,406,011$23,279,268$19,407,988$38,311,478
66$46,671,389$24,359,917$19,998,120$41,680,876
67$51,369,945$25,491,626$20,606,131$45,371,916
68$56,545,802$26,676,839$21,232,559$49,416,458
69$62,247,584$27,918,115$21,877,960$53,849,574
70$68,528,873$29,218,138$22,542,907$58,709,866
71$75,448,713$30,579,721$23,227,989$64,039,829
72$83,072,167$32,005,813$23,933,813$69,886,244
73$91,470,937$33,499,506$24,661,004$76,300,612
74$100,724,031$35,064,040$25,410,206$83,339,635
75$110,918,517$36,702,813$26,182,082$91,065,746
76$122,150,340$38,419,386$26,977,317$99,547,684
77$134,525,231$40,217,492$27,796,613$108,861,141
78$148,159,700$42,101,045$28,640,696$119,089,468
79$163,182,142$44,074,149$29,510,312$130,324,449
80$179,734,043$46,141,104$30,406,229$142,667,162
81$197,971,318$48,306,421$31,329,241$156,228,922
82$218,065,784$50,574,827$32,280,162$171,132,323
83$240,206,779$52,951,279$33,259,832$187,512,383
84$264,602,952$55,440,973$34,269,118$205,517,812
85$291,484,229$58,049,357$35,308,910$225,312,398
86$321,103,988$60,782,143$36,380,126$247,076,545
87$353,741,446$63,645,319$37,483,711$271,008,965
88$389,704,297$66,645,163$38,620,639$297,328,538
89$429,331,617$69,788,258$39,791,912$326,276,364
90$472,997,065$73,081,506$40,998,564$358,118,029
91$521,112,408$76,532,141$42,241,658$393,146,093
92$574,131,409$80,147,752$43,522,289$431,682,836
93$632,554,113$83,936,292$44,841,586$474,083,288
94$696,931,563$87,906,101$46,200,710$520,738,561
95$767,871,007$92,065,925$47,600,859$572,079,521
96$846,041,626$96,424,931$49,043,263$628,580,840
97$932,180,852$100,992,733$50,529,193$690,765,457
98$1,027,101,334$105,779,412$52,059,956$759,209,492
99$1,131,698,603$110,795,535$53,636,897$834,547,666
100$1,246,959,530$116,052,187$55,261,403$917,479,267