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%12.1%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,074,948
2 years$555,978$545,623$535,588$525,858$516,421$506,812
3 years$366,970$356,571$346,561$336,922$327,638$318,254
4 years$272,485$262,117$252,208$242,734$233,674$224,587
5 years$215,808$205,503$195,723$186,443$177,636$168,871
6 years$178,036$167,809$158,174$149,100$140,557$132,127
7 years$151,067$140,926$131,443$122,583$114,310$106,219
8 years$130,849$120,799$111,474$102,832$94,832$87,078
9 years$115,133$105,177$96,013$87,590$79,862$72,444
10 years$102,567$92,709$83,706$75,503$68,046$60,959
11 years$92,292$82,533$73,693$65,711$58,522$51,761
12 years$83,736$74,077$65,401$57,637$50,714$44,272
13 years$76,502$66,944$58,431$50,885$44,224$38,094
14 years$70,307$60,850$52,501$45,170$38,766$32,941
15 years$64,942$55,588$47,401$40,284$34,133$28,603
16 years$60,253$51,001$42,976$36,070$30,167$24,924
17 years$56,120$46,970$39,107$32,408$26,748$21,783
18 years$52,450$43,402$35,699$29,206$23,783$19,087
19 years$49,170$40,225$32,681$26,390$21,198$16,761
20 years$46,222$37,379$29,993$23,902$18,935$14,747
21 years$43,558$34,817$27,588$21,692$16,944$12,996
22 years$41,140$32,500$25,426$19,723$15,188$11,470
23 years$38,935$30,397$23,477$17,962$13,634$10,135
24 years$36,917$28,480$21,712$16,383$12,254$8,966
25 years$35,063$26,727$20,110$14,962$11,027$7,939
26 years$33,354$25,119$18,651$13,680$9,933$7,036
27 years$31,775$23,640$17,319$12,522$8,955$6,240
28 years$30,311$22,276$16,100$11,473$8,080$5,538
29 years$28,951$21,015$14,983$10,521$7,296$4,917
30 years$27,684$19,846$13,956$9,655$6,593$4,369
31 years$26,500$18,761$13,010$8,868$5,961$3,883
32 years$25,393$17,752$12,139$8,150$5,392$3,453
33 years$24,356$16,811$11,334$7,494$4,880$3,071
34 years$23,381$15,933$10,590$6,895$4,418$2,733
35 years$22,464$15,113$9,901$6,348$4,001$2,432
36 years$21,600$14,344$9,262$5,846$3,625$2,165
37 years$20,785$13,624$8,669$5,386$3,286$1,928
38 years$20,014$12,947$8,118$4,965$2,979$1,717
39 years$19,284$12,311$7,606$4,578$2,701$1,530
40 years$18,593$11,713$7,129$4,222$2,450$1,363
41 years$17,938$11,150$6,685$3,896$2,223$1,214
42 years$17,315$10,619$6,271$3,595$2,017$1,082
43 years$16,723$10,118$5,884$3,319$1,831$965
44 years$16,159$9,644$5,523$3,064$1,662$860
45 years$15,622$9,197$5,186$2,830$1,509$766
46 years$15,109$8,773$4,871$2,614$1,370$683
47 years$14,620$8,372$4,576$2,415$1,244$609
48 years$14,153$7,993$4,300$2,232$1,129$543
49 years$13,706$7,632$4,042$2,062$1,026$484
50 years$13,278$7,291$3,800$1,906$932$432

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 $2,922 every year, while hoping to spend $40,949 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: 64/23/13 Blend
53$13,600,000$13,600,000$13,600,000$13,600,000
54$14,990,214$14,269,414$14,058,614$15,903,681
55$16,475,646$14,925,046$14,486,008$17,170,702
56$18,111,221$15,611,431$14,926,348$18,549,117
57$19,912,208$16,330,034$15,380,023$20,053,763
58$21,895,435$17,082,388$15,847,436$21,696,931
59$24,079,445$17,870,101$16,329,001$23,492,144
60$26,484,671$18,694,858$16,825,145$25,454,276
61$29,133,627$19,558,426$17,336,306$27,599,691
62$32,051,123$20,462,655$17,862,939$29,946,396
63$35,264,499$21,409,486$18,405,509$32,514,202
64$38,803,880$22,400,953$18,964,496$35,324,914
65$42,702,464$23,439,188$19,540,394$38,402,523
66$46,996,832$24,526,425$20,133,714$41,773,440
67$51,727,295$25,665,006$20,744,980$45,466,729
68$56,938,274$26,857,386$21,374,731$49,514,385
69$62,678,719$28,106,139$22,023,526$53,951,627
70$69,002,570$29,413,962$22,691,936$58,817,228
71$75,969,269$30,783,683$23,380,553$64,153,870
72$83,644,318$32,218,266$24,089,984$70,008,547
73$92,099,895$33,720,818$24,820,856$76,433,002
74$101,415,543$35,294,597$25,573,813$83,484,206
75$111,678,914$36,943,017$26,349,521$91,224,890
76$122,986,596$38,669,658$27,148,663$99,724,134
77$135,445,029$40,478,272$27,971,943$109,058,007
78$149,171,507$42,372,792$28,820,089$119,310,281
79$164,295,285$44,357,343$29,693,846$130,573,212
80$180,958,800$46,436,249$30,593,985$142,948,405
81$199,319,013$48,614,040$31,521,299$156,547,762
82$219,548,893$50,895,469$32,476,604$171,494,531
83$241,839,051$53,285,518$33,460,741$187,924,461
84$266,399,534$55,789,408$34,474,576$205,987,070
85$293,461,813$58,412,616$35,519,000$225,847,052
86$323,280,964$61,160,880$36,594,933$247,685,816
87$356,138,079$64,040,220$37,703,320$271,703,188
88$392,342,918$67,056,945$38,845,136$298,119,290
89$432,236,831$70,217,671$40,021,383$327,176,601
90$476,195,983$73,529,332$41,233,095$359,142,234
91$524,634,905$76,999,201$42,481,335$394,310,449
92$578,010,405$80,634,902$43,767,200$433,005,409
93$636,825,883$84,444,429$45,091,818$475,584,232
94$701,636,080$88,436,163$46,456,350$522,440,346
95$773,052,316$92,618,891$47,861,994$574,007,184
96$851,748,264$97,001,827$49,309,982$630,762,261
97$938,466,303$101,594,633$50,801,583$693,231,666
98$1,034,024,533$106,407,438$52,338,103$761,995,007
99$1,139,324,495$111,450,861$53,920,889$837,690,867
100$1,255,359,680$116,736,041$55,551,326$921,022,810