Can I retire at age 54 with 13,600,000?

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 $13,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,073,158
2 years$555,978$545,623$535,588$525,858$516,421$505,015
3 years$366,970$356,571$346,561$336,922$327,638$316,507
4 years$272,485$262,117$252,208$242,734$233,674$222,903
5 years$215,808$205,503$195,723$186,443$177,636$167,256
6 years$178,036$167,809$158,174$149,100$140,557$130,582
7 years$151,067$140,926$131,443$122,583$114,310$104,743
8 years$130,849$120,799$111,474$102,832$94,832$85,673
9 years$115,133$105,177$96,013$87,590$79,862$71,107
10 years$102,567$92,709$83,706$75,503$68,046$59,691
11 years$92,292$82,533$73,693$65,711$58,522$50,559
12 years$83,736$74,077$65,401$57,637$50,714$43,135
13 years$76,502$66,944$58,431$50,885$44,224$37,019
14 years$70,307$60,850$52,501$45,170$38,766$31,927
15 years$64,942$55,588$47,401$40,284$34,133$27,649
16 years$60,253$51,001$42,976$36,070$30,167$24,026
17 years$56,120$46,970$39,107$32,408$26,748$20,940
18 years$52,450$43,402$35,699$29,206$23,783$18,296
19 years$49,170$40,225$32,681$26,390$21,198$16,020
20 years$46,222$37,379$29,993$23,902$18,935$14,054
21 years$43,558$34,817$27,588$21,692$16,944$12,349
22 years$41,140$32,500$25,426$19,723$15,188$10,865
23 years$38,935$30,397$23,477$17,962$13,634$9,572
24 years$36,917$28,480$21,712$16,383$12,254$8,441
25 years$35,063$26,727$20,110$14,962$11,027$7,451
26 years$33,354$25,119$18,651$13,680$9,933$6,583
27 years$31,775$23,640$17,319$12,522$8,955$5,820
28 years$30,311$22,276$16,100$11,473$8,080$5,148
29 years$28,951$21,015$14,983$10,521$7,296$4,557
30 years$27,684$19,846$13,956$9,655$6,593$4,035
31 years$26,500$18,761$13,010$8,868$5,961$3,575
32 years$25,393$17,752$12,139$8,150$5,392$3,168
33 years$24,356$16,811$11,334$7,494$4,880$2,809
34 years$23,381$15,933$10,590$6,895$4,418$2,491
35 years$22,464$15,113$9,901$6,348$4,001$2,210
36 years$21,600$14,344$9,262$5,846$3,625$1,961
37 years$20,785$13,624$8,669$5,386$3,286$1,740
38 years$20,014$12,947$8,118$4,965$2,979$1,544
39 years$19,284$12,311$7,606$4,578$2,701$1,371
40 years$18,593$11,713$7,129$4,222$2,450$1,217
41 years$17,938$11,150$6,685$3,896$2,223$1,081
42 years$17,315$10,619$6,271$3,595$2,017$960
43 years$16,723$10,118$5,884$3,319$1,831$853
44 years$16,159$9,644$5,523$3,064$1,662$757
45 years$15,622$9,197$5,186$2,830$1,509$673
46 years$15,109$8,773$4,871$2,614$1,370$598
47 years$14,620$8,372$4,576$2,415$1,244$531
48 years$14,153$7,993$4,300$2,232$1,129$472
49 years$13,706$7,632$4,042$2,062$1,026$419
50 years$13,278$7,291$3,800$1,906$932$373

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $13,600,000, adding $6,548 every year, while hoping to spend $24,902 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: 38/37/25 Blend
53$13,600,000$13,600,000$13,600,000$13,600,000
54$14,993,954$14,273,154$14,062,354$15,451,628
55$16,496,842$14,946,043$14,506,948$16,459,187
56$18,152,190$15,651,069$14,965,600$17,544,581
57$19,975,522$16,389,781$15,438,757$18,717,144
58$21,983,946$17,163,801$15,926,876$19,984,788
59$24,196,314$17,974,832$16,430,431$21,356,190
60$26,633,398$18,824,659$16,949,911$22,840,869
61$29,318,090$19,715,153$17,485,818$24,449,267
62$32,275,615$20,648,275$18,038,674$26,192,843
63$35,533,771$21,626,084$18,609,012$28,084,174
64$39,123,190$22,650,736$19,197,388$30,137,068
65$43,077,625$23,724,492$19,804,371$32,366,686
66$47,434,275$24,849,724$20,430,549$34,789,676
67$52,234,129$26,028,919$21,076,531$37,424,326
68$57,522,358$27,264,683$21,742,942$40,290,725
69$63,348,737$28,559,751$22,430,429$43,410,945
70$69,768,118$29,916,989$23,139,658$46,809,240
71$76,840,946$31,339,402$23,871,317$50,512,269
72$84,633,833$32,830,143$24,626,116$54,549,330
73$93,220,180$34,392,516$25,404,787$58,952,634
74$102,680,876$36,029,986$26,208,085$63,757,593
75$113,105,058$37,746,188$27,036,789$69,003,148
76$124,590,955$39,544,933$27,891,702$74,732,118
77$137,246,812$41,430,214$28,773,654$80,991,598
78$151,191,916$43,406,224$29,683,500$87,833,388
79$166,557,717$45,477,355$30,622,123$95,314,466
80$183,489,073$47,648,214$31,590,433$103,497,518
81$202,145,615$49,923,633$32,589,369$112,451,509
82$222,703,255$52,308,678$33,619,901$122,252,319
83$245,355,846$54,808,662$34,683,026$132,983,448
84$270,317,012$57,429,157$35,779,778$144,736,782
85$297,822,166$60,176,004$36,911,219$157,613,443
86$328,130,729$63,055,330$38,078,447$171,724,731
87$361,528,583$66,073,561$39,282,594$187,193,146
88$398,330,766$69,237,433$40,524,829$204,153,532
89$438,884,450$72,554,013$41,806,356$222,754,322
90$483,572,213$76,030,709$43,128,418$243,158,924
91$532,815,657$79,675,292$44,492,299$265,547,235
92$587,079,384$83,495,910$45,899,320$290,117,315
93$646,875,381$87,501,110$47,350,847$317,087,235
94$712,767,857$91,699,852$48,848,288$346,697,104
95$785,378,569$96,101,535$50,393,096$379,211,313
96$865,392,687$100,716,015$51,986,769$414,920,997
97$953,565,269$105,553,627$53,630,854$454,146,755
98$1,050,728,384$110,625,213$55,326,945$497,241,643
99$1,157,798,970$115,942,139$57,076,688$544,594,477
100$1,275,787,488$121,516,327$58,881,781$596,633,462