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

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,058,024
2 years$564,154$553,647$543,464$533,591$524,015$481,796
3 years$372,367$361,815$351,657$341,877$332,457$291,755
4 years$276,492$265,972$255,917$246,303$237,111$198,236
5 years$218,982$208,525$198,602$189,185$180,248$143,300
6 years$180,655$170,277$160,500$151,292$142,624$107,628
7 years$153,289$142,998$133,376$124,386$115,992$82,936
8 years$132,774$122,576$113,113$104,344$96,226$65,079
9 years$116,826$106,724$97,425$88,878$81,036$51,752
10 years$104,075$94,072$84,937$76,614$69,047$41,571
11 years$93,649$83,747$74,777$66,677$59,383$33,653
12 years$84,967$75,167$66,363$58,485$51,460$27,409
13 years$77,627$67,929$59,291$51,633$44,874$22,431
14 years$71,341$61,745$53,273$45,834$39,336$18,428
15 years$65,897$56,405$48,098$40,876$34,635$15,187
16 years$61,139$51,751$43,608$36,600$30,610$12,548
17 years$56,945$47,661$39,682$32,885$27,141$10,388
18 years$53,221$44,041$36,224$29,636$24,133$8,615
19 years$49,893$40,816$33,162$26,779$21,510$7,155
20 years$46,902$37,929$30,434$24,253$19,213$5,949
21 years$44,199$35,329$27,994$22,011$17,194$4,950
22 years$41,745$32,978$25,800$20,013$15,412$4,123
23 years$39,507$30,844$23,822$18,226$13,834$3,436
24 years$37,460$28,899$22,031$16,624$12,435$2,865
25 years$35,579$27,120$20,405$15,182$11,189$2,390
26 years$33,845$25,489$18,925$13,881$10,079$1,995
27 years$32,243$23,988$17,574$12,706$9,087$1,665
28 years$30,757$22,603$16,337$11,641$8,199$1,391
29 years$29,377$21,324$15,203$10,675$7,404$1,161
30 years$28,091$20,138$14,161$9,797$6,690$970
31 years$26,890$19,037$13,202$8,998$6,048$811
32 years$25,767$18,013$12,318$8,269$5,471$677
33 years$24,714$17,059$11,501$7,604$4,951$566
34 years$23,725$16,168$10,746$6,997$4,483$473
35 years$22,794$15,335$10,047$6,441$4,060$395
36 years$21,918$14,555$9,398$5,932$3,679$330
37 years$21,090$13,824$8,797$5,465$3,334$276
38 years$20,308$13,138$8,238$5,038$3,023$231
39 years$19,568$12,493$7,718$4,645$2,741$193
40 years$18,867$11,886$7,234$4,284$2,486$161
41 years$18,201$11,314$6,783$3,953$2,256$135
42 years$17,569$10,775$6,363$3,648$2,047$113
43 years$16,968$10,266$5,971$3,367$1,858$94
44 years$16,396$9,786$5,604$3,109$1,686$79
45 years$15,851$9,332$5,262$2,872$1,531$66
46 years$15,331$8,902$4,943$2,652$1,390$55
47 years$14,835$8,496$4,643$2,451$1,262$46
48 years$14,361$8,110$4,364$2,264$1,146$39
49 years$13,908$7,745$4,101$2,093$1,041$32
50 years$13,474$7,398$3,856$1,934$945$27

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 $6,753 every year, while hoping to spend $25,848 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: 85/7/8 Blend
53$13,800,000$13,800,000$13,800,000$13,800,000
54$15,214,566$14,483,166$14,269,266$16,494,119
55$16,738,949$15,165,339$14,719,784$18,012,549
56$18,417,954$15,880,072$15,184,528$19,676,261
57$20,267,323$16,628,934$15,663,948$21,503,275
58$22,304,406$17,413,568$16,158,507$23,510,002
59$24,548,321$18,235,698$16,668,682$25,714,516
60$27,020,135$19,097,132$17,194,968$28,136,723
61$29,743,062$19,999,764$17,737,872$30,798,550
62$32,742,683$20,945,582$18,297,921$33,724,149
63$36,047,190$21,936,669$18,875,654$36,940,123
64$39,687,647$22,975,209$19,471,631$40,475,777
65$43,698,284$24,063,492$20,086,429$44,363,392
66$48,116,826$25,203,919$20,720,641$48,638,527
67$52,984,840$26,399,009$21,374,880$53,340,357
68$58,348,135$27,651,402$22,049,779$58,512,036
69$64,257,189$28,963,865$22,745,991$64,201,104
70$70,767,629$30,339,301$23,464,189$70,459,937
71$77,940,755$31,780,754$24,205,067$77,346,233
72$85,844,116$33,291,416$24,969,342$84,923,562
73$94,552,153$34,874,632$25,757,751$93,261,958
74$104,146,896$36,533,912$26,571,059$102,438,579
75$114,718,740$38,272,935$27,410,051$112,538,435
76$126,367,302$40,095,560$28,275,538$123,655,186
77$139,202,356$42,005,831$29,168,357$135,892,025
78$153,344,871$44,007,991$30,089,372$149,362,646
79$168,928,155$46,106,490$31,039,473$164,192,319
80$186,099,110$48,305,991$32,019,578$180,519,066
81$205,019,621$50,611,387$33,030,636$198,494,963
82$225,868,084$53,027,806$34,073,624$218,287,571
83$248,841,089$55,560,629$35,149,551$240,081,513
84$274,155,277$58,215,496$36,259,457$264,080,218
85$302,049,381$60,998,322$37,404,415$290,507,831
86$332,786,488$63,915,309$38,585,533$319,611,332
87$366,656,513$66,972,963$39,803,952$351,662,858
88$403,978,944$70,178,105$41,060,851$386,962,270
89$445,105,853$73,537,888$42,357,446$425,839,980
90$490,425,219$77,059,814$43,694,990$468,660,064
91$540,364,595$80,751,749$45,074,776$515,823,696
92$595,395,143$84,621,943$46,498,139$567,772,927
93$656,036,076$88,679,048$47,966,456$624,994,856
94$722,859,570$92,932,135$49,481,146$688,026,223
95$796,496,156$97,390,719$51,043,674$757,458,466
96$877,640,679$102,064,779$52,655,552$833,943,305
97$967,058,853$106,964,779$54,318,338$918,198,881
98$1,065,594,494$112,101,691$56,033,641$1,011,016,537
99$1,174,177,483$117,487,024$57,803,118$1,113,268,273
100$1,293,832,546$123,132,848$59,628,482$1,225,914,979