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

Use the below retirement simulation to view the chances of a successful retirement.
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%15.7%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,051,339
2 years$551,890$541,611$531,650$521,992$512,623$487,408
3 years$364,272$353,949$344,013$334,445$325,229$300,756
4 years$270,481$260,190$250,353$240,949$231,956$208,414
5 years$214,222$203,992$194,284$185,072$176,329$153,784
6 years$176,727$166,575$157,011$148,003$139,524$117,998
7 years$149,956$139,889$130,477$121,682$113,470$92,968
8 years$129,887$119,911$110,654$102,076$94,134$74,647
9 years$114,286$104,404$95,307$86,946$79,275$60,788
10 years$101,812$92,027$83,091$74,948$67,546$50,038
11 years$91,613$81,926$73,152$65,227$58,092$41,540
12 years$83,120$73,533$64,920$57,213$50,341$34,717
13 years$75,940$66,452$58,002$50,511$43,898$29,174
14 years$69,790$60,403$52,115$44,838$38,481$24,624
15 years$64,465$55,179$47,053$39,987$33,882$20,861
16 years$59,810$50,626$42,660$35,804$29,945$17,726
17 years$55,707$46,625$38,819$32,170$26,551$15,101
18 years$52,064$43,083$35,437$28,992$23,608$12,891
19 years$48,809$39,929$32,441$26,196$21,042$11,025
20 years$45,882$37,104$29,772$23,726$18,795$9,444
21 years$43,238$34,561$27,385$21,533$16,820$8,099
22 years$40,837$32,261$25,239$19,578$15,077$6,954
23 years$38,649$30,173$23,304$17,830$13,534$5,976
24 years$36,645$28,271$21,552$16,262$12,164$5,140
25 years$34,805$26,531$19,962$14,852$10,946$4,424
26 years$33,109$24,934$18,514$13,580$9,860$3,810
27 years$31,542$23,466$17,192$12,430$8,889$3,282
28 years$30,089$22,112$15,982$11,388$8,021$2,829
29 years$28,738$20,860$14,872$10,443$7,243$2,440
30 years$27,480$19,700$13,853$9,584$6,544$2,104
31 years$26,306$18,623$12,915$8,802$5,917$1,816
32 years$25,207$17,621$12,050$8,090$5,352$1,567
33 years$24,177$16,688$11,251$7,439$4,844$1,353
34 years$23,209$15,816$10,512$6,845$4,385$1,168
35 years$22,299$15,001$9,828$6,301$3,972$1,008
36 years$21,441$14,239$9,194$5,803$3,599$871
37 years$20,632$13,523$8,605$5,347$3,262$752
38 years$19,867$12,852$8,059$4,928$2,957$650
39 years$19,143$12,221$7,550$4,544$2,682$561
40 years$18,457$11,627$7,077$4,191$2,432$485
41 years$17,806$11,068$6,636$3,867$2,207$419
42 years$17,187$10,541$6,224$3,569$2,002$362
43 years$16,600$10,043$5,841$3,294$1,817$313
44 years$16,040$9,573$5,483$3,042$1,649$270
45 years$15,507$9,129$5,148$2,809$1,497$233
46 years$14,998$8,709$4,835$2,595$1,360$202
47 years$14,513$8,311$4,543$2,397$1,235$174
48 years$14,049$7,934$4,269$2,215$1,121$151
49 years$13,605$7,576$4,012$2,047$1,018$130
50 years$13,181$7,237$3,772$1,892$925$113

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 $2,961 every year, while hoping to spend $46,810 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: 33/38/29 Blend
53$13,500,000$13,500,000$13,500,000$13,500,000
54$14,880,054$14,164,554$13,955,304$15,239,980
55$16,348,014$14,808,812$14,373,001$16,159,099
56$17,964,137$15,483,069$14,803,123$17,144,602
57$19,743,487$16,188,747$15,246,035$18,205,825
58$21,702,661$16,927,334$15,702,115$19,349,511
59$23,859,948$17,700,389$16,171,752$20,583,050
60$26,235,503$18,509,549$16,655,346$21,914,542
61$28,851,532$19,356,525$17,153,308$23,352,869
62$31,732,507$20,243,113$17,666,062$24,907,773
63$34,905,392$21,171,194$18,194,044$26,589,942
64$38,399,900$22,142,741$18,737,703$28,411,100
65$42,248,775$23,159,820$19,297,501$30,384,118
66$46,488,095$24,224,596$19,873,912$32,523,122
67$51,157,619$25,339,340$20,467,427$34,843,622
68$56,301,158$26,506,430$21,078,547$37,362,650
69$61,966,990$27,728,359$21,707,793$40,098,912
70$68,208,316$29,007,741$22,355,696$43,072,956
71$75,083,758$30,347,314$23,022,806$46,307,358
72$82,657,918$31,749,950$23,709,687$49,826,924
73$91,001,985$33,218,656$24,416,921$53,658,916
74$100,194,405$34,756,588$25,145,105$57,833,300
75$110,321,623$36,367,050$25,894,855$62,383,013
76$121,478,901$38,053,507$26,666,805$67,344,270
77$133,771,211$39,819,592$27,461,606$72,756,888
78$147,314,234$41,669,111$28,279,928$78,664,655
79$162,235,443$43,606,054$29,122,463$85,115,725
80$178,675,313$45,634,606$29,989,920$92,163,064
81$196,788,643$47,759,149$30,883,031$99,864,933
82$216,746,018$49,984,282$31,802,546$108,285,425
83$238,735,422$52,314,821$32,749,241$117,495,055
84$262,964,006$54,755,818$33,723,912$127,571,407
85$289,660,049$57,312,568$34,727,377$138,599,854
86$319,075,110$59,990,620$35,760,481$150,674,344
87$351,486,404$62,795,793$36,824,090$163,898,267
88$387,199,418$65,734,188$37,919,097$178,385,417
89$426,550,793$68,812,197$39,046,422$194,261,041
90$469,911,505$72,036,526$40,207,008$211,663,004
91$517,690,365$75,414,202$41,401,828$230,743,067
92$570,337,876$78,952,592$42,631,884$251,668,297
93$628,350,491$82,659,421$43,898,204$274,622,622
94$692,275,295$86,542,786$45,201,847$299,808,541
95$762,715,170$90,611,177$46,543,904$327,449,008
96$840,334,488$94,873,495$47,925,495$357,789,514
97$925,865,380$99,339,071$49,347,774$391,100,372
98$1,020,114,652$104,017,689$50,811,928$427,679,240
99$1,123,971,397$108,919,606$52,319,177$467,853,900
100$1,238,415,388$114,055,576$53,870,779$511,985,321