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%13.9%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,059,111
2 years$551,890$541,611$531,650$521,992$512,623$495,143
3 years$364,272$353,949$344,013$334,445$325,229$308,211
4 years$270,481$260,190$250,353$240,949$231,956$215,531
5 years$214,222$203,992$194,284$185,072$176,329$160,544
6 years$176,727$166,575$157,011$148,003$139,524$124,396
7 years$149,956$139,889$130,477$121,682$113,470$99,006
8 years$129,887$119,911$110,654$102,076$94,134$80,331
9 years$114,286$104,404$95,307$86,946$79,275$66,124
10 years$101,812$92,027$83,091$74,948$67,546$55,038
11 years$91,613$81,926$73,152$65,227$58,092$46,213
12 years$83,120$73,533$64,920$57,213$50,341$39,076
13 years$75,940$66,452$58,002$50,511$43,898$33,231
14 years$69,790$60,403$52,115$44,838$38,481$28,393
15 years$64,465$55,179$47,053$39,987$33,882$24,355
16 years$59,810$50,626$42,660$35,804$29,945$20,960
17 years$55,707$46,625$38,819$32,170$26,551$18,088
18 years$52,064$43,083$35,437$28,992$23,608$15,646
19 years$48,809$39,929$32,441$26,196$21,042$13,560
20 years$45,882$37,104$29,772$23,726$18,795$11,773
21 years$43,238$34,561$27,385$21,533$16,820$10,237
22 years$40,837$32,261$25,239$19,578$15,077$8,912
23 years$38,649$30,173$23,304$17,830$13,534$7,767
24 years$36,645$28,271$21,552$16,262$12,164$6,775
25 years$34,805$26,531$19,962$14,852$10,946$5,915
26 years$33,109$24,934$18,514$13,580$9,860$5,168
27 years$31,542$23,466$17,192$12,430$8,889$4,518
28 years$30,089$22,112$15,982$11,388$8,021$3,952
29 years$28,738$20,860$14,872$10,443$7,243$3,458
30 years$27,480$19,700$13,853$9,584$6,544$3,028
31 years$26,306$18,623$12,915$8,802$5,917$2,651
32 years$25,207$17,621$12,050$8,090$5,352$2,323
33 years$24,177$16,688$11,251$7,439$4,844$2,035
34 years$23,209$15,816$10,512$6,845$4,385$1,784
35 years$22,299$15,001$9,828$6,301$3,972$1,564
36 years$21,441$14,239$9,194$5,803$3,599$1,371
37 years$20,632$13,523$8,605$5,347$3,262$1,203
38 years$19,867$12,852$8,059$4,928$2,957$1,055
39 years$19,143$12,221$7,550$4,544$2,682$925
40 years$18,457$11,627$7,077$4,191$2,432$812
41 years$17,806$11,068$6,636$3,867$2,207$712
42 years$17,187$10,541$6,224$3,569$2,002$625
43 years$16,600$10,043$5,841$3,294$1,817$548
44 years$16,040$9,573$5,483$3,042$1,649$481
45 years$15,507$9,129$5,148$2,809$1,497$422
46 years$14,998$8,709$4,835$2,595$1,360$371
47 years$14,513$8,311$4,543$2,397$1,235$325
48 years$14,049$7,934$4,269$2,215$1,121$286
49 years$13,605$7,576$4,012$2,047$1,018$251
50 years$13,181$7,237$3,772$1,892$925$220

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 $3,376 every year, while hoping to spend $29,675 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: 30/46/24 Blend
53$13,500,000$13,500,000$13,500,000$13,500,000
54$14,880,482$14,164,982$13,955,732$15,216,025
55$16,366,718$14,827,493$14,391,675$16,137,338
56$18,003,554$15,521,471$14,841,228$17,124,916
57$19,806,322$16,248,429$15,304,815$18,186,748
58$21,791,914$17,009,949$15,782,873$19,329,292
59$23,978,946$17,807,692$16,275,855$20,559,613
60$26,387,928$18,643,399$16,784,226$21,885,450
61$29,041,465$19,518,894$17,308,466$23,315,274
62$31,964,465$20,436,090$17,849,070$24,858,366
63$35,184,375$21,396,993$18,406,549$26,524,895
64$38,731,441$22,403,706$18,981,428$28,326,006
65$42,638,993$23,458,433$19,574,251$30,273,915
66$46,943,759$24,563,485$20,185,578$32,382,019
67$51,686,213$25,721,286$20,815,985$34,665,011
68$56,910,954$26,934,376$21,466,067$37,139,009
69$62,667,129$28,205,419$22,136,439$39,821,700
70$69,008,900$29,537,207$22,827,733$42,732,493
71$75,995,947$30,932,670$23,540,601$45,892,694
72$83,694,039$32,394,877$24,275,717$49,325,695
73$92,175,652$33,927,047$25,033,775$53,057,181
74$101,520,652$35,532,555$25,815,489$57,115,362
75$111,817,048$37,214,939$26,621,597$61,531,226
76$123,161,827$38,977,912$27,452,861$66,338,814
77$135,661,866$40,825,362$28,310,065$71,575,533
78$149,434,941$42,761,370$29,194,017$77,282,489
79$164,610,841$44,790,213$30,105,552$83,504,861
80$181,332,588$46,916,375$31,045,530$90,292,309
81$199,757,794$49,144,559$32,014,837$97,699,429
82$220,060,144$51,479,697$33,014,389$105,786,248
83$242,431,035$53,926,959$34,045,127$114,618,772
84$267,081,388$56,491,767$35,108,026$124,269,587
85$294,243,631$59,179,805$36,204,086$134,818,527
86$324,173,901$61,997,035$37,334,343$146,353,404
87$357,154,458$64,949,708$38,499,862$158,970,813
88$393,496,348$68,044,380$39,701,743$172,777,023
89$433,542,343$71,287,922$40,941,119$187,888,952
90$477,670,175$74,687,543$42,219,159$204,435,246
91$526,296,100$78,250,800$43,537,069$222,557,466
92$579,878,833$81,985,620$44,896,091$242,411,395
93$638,923,871$85,900,312$46,297,507$264,168,479
94$703,988,271$90,003,593$47,742,639$288,017,415
95$775,685,906$94,304,600$49,232,848$314,165,897
96$854,693,260$98,812,918$50,769,541$342,842,543
97$941,755,818$103,538,596$52,354,166$374,299,021
98$1,037,695,098$108,492,173$53,988,217$408,812,380
99$1,143,416,410$113,684,702$55,673,234$446,687,632
100$1,259,917,403$119,127,772$57,410,807$488,260,584