Can I retire at age 54 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,068,653
2 years$560,066$549,635$539,526$529,725$520,218$496,355
3 years$369,668$359,193$349,109$339,400$330,048$306,872
4 years$274,488$264,045$254,062$244,518$235,393$213,082
5 years$217,395$207,014$197,163$187,814$178,942$157,559
6 years$179,346$169,043$159,337$150,196$141,591$121,159
7 years$152,178$141,962$132,410$123,484$115,151$95,674
8 years$131,811$121,687$112,294$103,588$95,529$76,999
9 years$115,979$105,951$96,719$88,234$80,449$62,854
10 years$103,321$93,390$84,321$76,059$68,547$51,867
11 years$92,971$83,140$74,235$66,194$58,952$43,168
12 years$84,352$74,622$65,882$58,061$51,087$36,172
13 years$77,065$67,437$58,861$51,259$44,549$30,477
14 years$70,824$61,298$52,887$45,502$39,051$25,795
15 years$65,420$55,997$47,750$40,580$34,384$21,913
16 years$60,696$51,376$43,292$36,335$30,388$18,673
17 years$56,533$47,315$39,394$32,647$26,945$15,954
18 years$52,836$43,721$35,962$29,421$23,958$13,660
19 years$49,532$40,521$32,921$26,584$21,354$11,717
20 years$46,562$37,654$30,214$24,077$19,074$10,067
21 years$43,878$35,073$27,791$21,852$17,069$8,660
22 years$41,442$32,739$25,613$19,868$15,300$7,459
23 years$39,221$30,620$23,649$18,094$13,734$6,430
24 years$37,188$28,689$21,872$16,503$12,345$5,548
25 years$35,321$26,924$20,258$15,072$11,108$4,790
26 years$33,600$25,304$18,788$13,781$10,006$4,138
27 years$32,009$23,814$17,446$12,614$9,021$3,577
28 years$30,534$22,440$16,219$11,557$8,140$3,093
29 years$29,164$21,169$15,093$10,598$7,350$2,676
30 years$27,887$19,992$14,058$9,726$6,641$2,316
31 years$26,695$18,899$13,106$8,933$6,004$2,005
32 years$25,580$17,882$12,228$8,210$5,431$1,736
33 years$24,535$16,935$11,418$7,549$4,915$1,504
34 years$23,553$16,051$10,668$6,946$4,450$1,302
35 years$22,629$15,224$9,974$6,394$4,031$1,128
36 years$21,759$14,449$9,330$5,889$3,652$978
37 years$20,937$13,724$8,733$5,426$3,310$847
38 years$20,161$13,042$8,178$5,001$3,001$734
39 years$19,426$12,402$7,662$4,611$2,721$637
40 years$18,730$11,800$7,182$4,253$2,468$552
41 years$18,070$11,232$6,734$3,924$2,239$478
42 years$17,442$10,697$6,317$3,622$2,032$415
43 years$16,845$10,192$5,927$3,343$1,844$360
44 years$16,278$9,715$5,564$3,087$1,674$312
45 years$15,736$9,264$5,224$2,851$1,520$270
46 years$15,220$8,838$4,907$2,633$1,380$234
47 years$14,728$8,434$4,610$2,433$1,253$203
48 years$14,257$8,051$4,332$2,248$1,138$176
49 years$13,807$7,689$4,072$2,078$1,033$153
50 years$13,376$7,344$3,828$1,920$939$133

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $13,700,000, adding $3,202 every year, while hoping to spend $23,804 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: 56/34/10 Blend
53$13,700,000$13,700,000$13,700,000$13,700,000
54$15,100,703$14,374,603$14,162,253$15,909,206
55$16,615,647$15,053,631$14,611,361$17,134,914
56$18,284,318$15,765,134$15,074,717$18,466,398
57$20,122,371$16,510,678$15,552,772$19,916,073
58$22,147,056$17,291,904$16,045,993$21,495,219
59$24,377,383$18,110,535$16,554,861$23,216,230
60$26,834,300$18,968,375$17,079,873$25,092,730
61$29,540,891$19,867,318$17,621,541$27,139,692
62$32,522,594$20,809,349$18,180,395$29,373,576
63$35,807,439$21,796,547$18,756,978$31,812,481
64$39,426,316$22,831,096$19,351,855$34,476,303
65$43,413,263$23,915,283$19,965,606$37,386,927
66$47,805,792$25,051,507$20,598,829$40,568,417
67$52,645,236$26,242,284$21,252,143$44,047,244
68$57,977,146$27,490,252$21,926,185$47,852,524
69$63,851,716$28,798,176$22,621,614$52,016,288
70$70,324,261$30,168,957$23,339,108$56,573,776
71$77,455,736$31,605,635$24,079,368$61,563,761
72$85,313,310$33,111,401$24,843,117$67,028,908
73$93,971,005$34,689,597$25,631,099$73,016,166
74$103,510,391$36,343,731$26,444,084$79,577,205
75$114,021,356$38,077,479$27,282,866$86,768,889
76$125,602,956$39,894,697$28,148,263$94,653,809
77$138,364,349$41,799,428$29,041,122$103,300,856
78$152,425,826$43,795,914$29,962,312$112,785,868
79$167,919,945$45,888,598$30,912,735$123,192,327
80$184,992,785$48,082,145$31,893,317$134,612,141
81$203,805,322$50,381,443$32,905,016$147,146,495
82$224,534,952$52,791,620$33,948,821$160,906,792
83$247,377,160$55,318,053$35,025,749$176,015,696
84$272,547,372$57,966,379$36,136,854$192,608,269
85$300,282,984$60,742,513$37,283,219$210,833,234
86$330,845,607$63,652,654$38,465,965$230,854,363
87$364,523,530$66,703,305$39,686,246$252,852,005
88$401,634,449$69,901,285$40,945,254$277,024,772
89$442,528,461$73,253,747$42,244,218$303,591,393
90$487,591,373$76,768,189$43,584,408$332,792,763
91$537,248,339$80,452,477$44,967,132$364,894,195
92$591,967,879$84,314,858$46,393,741$400,187,902
93$652,266,299$88,363,982$47,865,628$438,995,737
94$718,712,566$92,608,921$49,384,230$481,672,205
95$791,933,677$97,059,188$50,951,031$528,607,784
96$872,620,583$101,724,759$52,567,562$580,232,591
97$961,534,708$106,616,098$54,235,401$637,020,412
98$1,059,515,139$111,744,178$55,956,177$699,493,145
99$1,167,486,547$117,120,506$57,731,572$768,225,702
100$1,286,467,915$122,757,151$59,563,321$843,851,402