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%19.8%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,041,866
2 years$555,978$545,623$535,588$525,858$516,421$474,007
3 years$366,970$356,571$346,561$336,922$327,638$286,762
4 years$272,485$262,117$252,208$242,734$233,674$194,648
5 years$215,808$205,503$195,723$186,443$177,636$140,557
6 years$178,036$167,809$158,174$149,100$140,557$105,452
7 years$151,067$140,926$131,443$122,583$114,310$81,166
8 years$130,849$120,799$111,474$102,832$94,832$63,614
9 years$115,133$105,177$96,013$87,590$79,862$50,525
10 years$102,567$92,709$83,706$75,503$68,046$40,534
11 years$92,292$82,533$73,693$65,711$58,522$32,770
12 years$83,736$74,077$65,401$57,637$50,714$26,654
13 years$76,502$66,944$58,431$50,885$44,224$21,784
14 years$70,307$60,850$52,501$45,170$38,766$17,872
15 years$64,942$55,588$47,401$40,284$34,133$14,707
16 years$60,253$51,001$42,976$36,070$30,167$12,134
17 years$56,120$46,970$39,107$32,408$26,748$10,031
18 years$52,450$43,402$35,699$29,206$23,783$8,306
19 years$49,170$40,225$32,681$26,390$21,198$6,887
20 years$46,222$37,379$29,993$23,902$18,935$5,718
21 years$43,558$34,817$27,588$21,692$16,944$4,751
22 years$41,140$32,500$25,426$19,723$15,188$3,951
23 years$38,935$30,397$23,477$17,962$13,634$3,287
24 years$36,917$28,480$21,712$16,383$12,254$2,737
25 years$35,063$26,727$20,110$14,962$11,027$2,279
26 years$33,354$25,119$18,651$13,680$9,933$1,899
27 years$31,775$23,640$17,319$12,522$8,955$1,583
28 years$30,311$22,276$16,100$11,473$8,080$1,320
29 years$28,951$21,015$14,983$10,521$7,296$1,100
30 years$27,684$19,846$13,956$9,655$6,593$918
31 years$26,500$18,761$13,010$8,868$5,961$765
32 years$25,393$17,752$12,139$8,150$5,392$639
33 years$24,356$16,811$11,334$7,494$4,880$533
34 years$23,381$15,933$10,590$6,895$4,418$445
35 years$22,464$15,113$9,901$6,348$4,001$371
36 years$21,600$14,344$9,262$5,846$3,625$310
37 years$20,785$13,624$8,669$5,386$3,286$258
38 years$20,014$12,947$8,118$4,965$2,979$216
39 years$19,284$12,311$7,606$4,578$2,701$180
40 years$18,593$11,713$7,129$4,222$2,450$150
41 years$17,938$11,150$6,685$3,896$2,223$125
42 years$17,315$10,619$6,271$3,595$2,017$105
43 years$16,723$10,118$5,884$3,319$1,831$87
44 years$16,159$9,644$5,523$3,064$1,662$73
45 years$15,622$9,197$5,186$2,830$1,509$61
46 years$15,109$8,773$4,871$2,614$1,370$51
47 years$14,620$8,372$4,576$2,415$1,244$42
48 years$14,153$7,993$4,300$2,232$1,129$35
49 years$13,706$7,632$4,042$2,062$1,026$30
50 years$13,278$7,291$3,800$1,906$932$25

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 $2,130 every year, while hoping to spend $54,797 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: 68/18/14 Blend
53$13,600,000$13,600,000$13,600,000$13,600,000
54$14,989,397$14,268,597$14,057,797$15,960,492
55$16,460,012$14,909,455$14,470,430$17,248,236
56$18,078,793$15,579,878$14,895,049$18,649,465
57$19,860,795$16,281,257$15,331,999$20,180,640
58$21,822,608$17,015,050$15,781,632$21,854,518
59$23,982,510$17,782,783$16,244,312$23,685,138
60$26,360,642$18,586,056$16,720,413$25,687,949
61$28,979,200$19,426,545$17,210,319$27,879,954
62$31,862,638$20,306,006$17,714,424$30,279,869
63$35,037,905$21,226,278$18,233,136$32,908,295
64$38,534,695$22,189,290$18,766,870$35,787,906
65$42,385,730$23,197,061$19,316,056$38,943,669
66$46,627,067$24,251,709$19,881,136$42,403,064
67$51,298,436$25,355,451$20,462,563$46,196,351
68$56,443,621$26,510,612$21,060,803$50,356,844
69$62,110,865$27,719,628$21,676,335$54,921,226
70$68,353,334$28,985,050$22,309,652$59,929,889
71$75,229,610$30,309,553$22,961,262$65,427,311
72$82,804,249$31,695,941$23,631,683$71,462,474
73$91,148,390$33,147,149$24,321,452$78,089,317
74$100,340,424$34,666,258$25,031,119$85,367,246
75$110,466,735$36,256,492$25,761,249$93,361,683
76$121,622,514$37,921,232$26,512,423$102,144,684
77$133,912,661$39,664,022$27,285,239$111,795,612
78$147,452,768$41,488,576$28,080,311$122,401,880
79$162,370,219$43,398,784$28,898,269$134,059,767
80$178,805,383$45,398,727$29,739,764$146,875,327
81$196,912,947$47,492,679$30,605,460$160,965,379
82$216,863,368$49,685,121$31,496,044$176,458,603
83$238,844,490$51,980,750$32,412,219$193,496,750
84$263,063,309$54,384,488$33,354,710$212,235,970
85$289,747,933$56,901,495$34,324,259$232,848,280
86$319,149,733$59,537,178$35,321,632$255,523,177
87$351,545,712$62,297,206$36,347,613$280,469,424
88$387,241,126$65,187,521$37,403,010$307,917,005
89$426,572,362$68,214,351$38,488,652$338,119,291
90$469,910,112$71,384,223$39,605,391$371,355,421
91$517,662,875$74,703,981$40,754,103$407,932,925
92$570,280,810$78,180,798$41,935,687$448,190,622
93$628,259,989$81,822,194$43,151,069$492,501,801
94$692,147,076$85,636,049$44,401,198$541,277,737
95$762,544,490$89,630,628$45,687,050$594,971,559
96$840,116,090$93,814,591$47,009,629$654,082,519
97$925,593,443$98,197,018$48,369,963$719,160,688
98$1,019,782,730$102,787,427$49,769,113$790,812,136
99$1,123,572,355$107,595,797$51,208,164$869,704,640
100$1,237,941,333$112,632,589$52,688,236$956,573,971