Can I retire at age 54 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,080,867
2 years$564,154$553,647$543,464$533,591$524,015$504,371
3 years$372,367$361,815$351,657$341,877$332,457$313,345
4 years$276,492$265,972$255,917$246,303$237,111$218,679
5 years$218,982$208,525$198,602$189,185$180,248$162,548
6 years$180,655$170,277$160,500$151,292$142,624$125,676
7 years$153,289$142,998$133,376$124,386$115,992$99,801
8 years$132,774$122,576$113,113$104,344$96,226$80,788
9 years$116,826$106,724$97,425$88,878$81,036$66,343
10 years$104,075$94,072$84,937$76,614$69,047$55,085
11 years$93,649$83,747$74,777$66,677$59,383$46,136
12 years$84,967$75,167$66,363$58,485$51,460$38,911
13 years$77,627$67,929$59,291$51,633$44,874$33,003
14 years$71,341$61,745$53,273$45,834$39,336$28,123
15 years$65,897$56,405$48,098$40,876$34,635$24,057
16 years$61,139$51,751$43,608$36,600$30,610$20,645
17 years$56,945$47,661$39,682$32,885$27,141$17,765
18 years$53,221$44,041$36,224$29,636$24,133$15,322
19 years$49,893$40,816$33,162$26,779$21,510$13,241
20 years$46,902$37,929$30,434$24,253$19,213$11,462
21 years$44,199$35,329$27,994$22,011$17,194$9,936
22 years$41,745$32,978$25,800$20,013$15,412$8,623
23 years$39,507$30,844$23,822$18,226$13,834$7,492
24 years$37,460$28,899$22,031$16,624$12,435$6,515
25 years$35,579$27,120$20,405$15,182$11,189$5,670
26 years$33,845$25,489$18,925$13,881$10,079$4,938
27 years$32,243$23,988$17,574$12,706$9,087$4,303
28 years$30,757$22,603$16,337$11,641$8,199$3,752
29 years$29,377$21,324$15,203$10,675$7,404$3,272
30 years$28,091$20,138$14,161$9,797$6,690$2,855
31 years$26,890$19,037$13,202$8,998$6,048$2,492
32 years$25,767$18,013$12,318$8,269$5,471$2,176
33 years$24,714$17,059$11,501$7,604$4,951$1,901
34 years$23,725$16,168$10,746$6,997$4,483$1,660
35 years$22,794$15,335$10,047$6,441$4,060$1,451
36 years$21,918$14,555$9,398$5,932$3,679$1,268
37 years$21,090$13,824$8,797$5,465$3,334$1,108
38 years$20,308$13,138$8,238$5,038$3,023$968
39 years$19,568$12,493$7,718$4,645$2,741$847
40 years$18,867$11,886$7,234$4,284$2,486$740
41 years$18,201$11,314$6,783$3,953$2,256$647
42 years$17,569$10,775$6,363$3,648$2,047$566
43 years$16,968$10,266$5,971$3,367$1,858$495
44 years$16,396$9,786$5,604$3,109$1,686$433
45 years$15,851$9,332$5,262$2,872$1,531$379
46 years$15,331$8,902$4,943$2,652$1,390$331
47 years$14,835$8,496$4,643$2,451$1,262$290
48 years$14,361$8,110$4,364$2,264$1,146$253
49 years$13,908$7,745$4,101$2,093$1,041$222
50 years$13,474$7,398$3,856$1,934$945$194

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $13,800,000, adding $4,243 every year, while hoping to spend $34,367 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: 31/45/24 Blend
53$13,800,000$13,800,000$13,800,000$13,800,000
54$15,211,977$14,480,577$14,266,677$15,570,708
55$16,727,032$15,153,559$14,708,044$16,517,966
56$18,395,471$15,858,365$15,163,046$17,533,571
57$20,232,903$16,596,519$15,632,101$18,626,138
58$22,256,528$17,369,616$16,115,645$19,802,403
59$24,485,297$18,179,332$16,614,123$21,069,743
60$26,940,098$19,027,419$17,127,997$22,436,233
61$29,643,943$19,915,718$17,657,740$23,910,722
62$32,622,193$20,846,156$18,203,842$25,502,906
63$35,902,793$21,820,754$18,766,807$27,223,410
64$39,516,539$22,841,631$19,347,155$29,083,883
65$43,497,363$23,911,009$19,945,423$31,097,101
66$47,882,661$25,031,215$20,562,161$33,277,072
67$52,713,640$26,204,692$21,197,941$35,639,169
68$58,035,707$27,433,997$21,853,347$38,200,258
69$63,898,901$28,721,815$22,528,986$40,978,848
70$70,358,362$30,070,958$23,225,481$43,995,261
71$77,474,855$31,484,374$23,943,474$47,271,805
72$85,315,338$32,965,157$24,683,629$50,832,978
73$93,953,598$34,516,545$25,446,626$54,705,688
74$103,470,949$36,141,939$26,233,172$58,919,492
75$113,956,992$37,844,901$27,043,990$63,506,861
76$125,510,471$39,629,167$27,879,829$68,503,476
77$138,240,195$41,498,652$28,741,459$73,948,550
78$152,266,072$43,457,463$29,629,675$79,885,180
79$167,720,237$45,509,905$30,545,295$86,360,743
80$184,748,303$47,660,492$31,489,164$93,427,323
81$203,510,731$49,913,957$32,462,152$101,142,185
82$224,184,346$52,275,262$33,465,155$109,568,304
83$246,964,010$54,749,609$34,499,098$118,774,932
84$272,064,453$57,342,455$35,564,932$128,838,237
85$299,722,311$60,059,519$36,663,641$139,842,003
86$330,198,350$62,906,798$37,796,236$151,878,394
87$363,779,932$65,890,581$38,963,760$165,048,808
88$400,783,728$69,017,463$40,167,289$179,464,804
89$441,558,706$72,294,356$41,407,931$195,249,136
90$486,489,425$75,728,511$42,686,828$212,536,883
91$535,999,667$79,327,529$44,005,157$231,476,697
92$590,556,436$83,099,380$45,364,133$252,232,180
93$650,674,366$87,052,424$46,765,005$274,983,399
94$716,920,583$91,195,424$48,209,064$299,928,549
95$789,920,053$95,537,570$49,697,638$327,285,802
96$870,361,486$100,088,499$51,232,097$357,295,323
97$959,003,837$104,858,315$52,813,852$390,221,507
98$1,056,683,470$109,857,615$54,444,358$426,355,435
99$1,164,322,056$115,097,509$56,125,115$466,017,586
100$1,282,935,268$120,589,650$57,857,670$509,560,818