Can I retire at age 54 with 13,900,000?

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,096,830
2 years$568,242$557,659$547,403$537,458$527,812$516,155
3 years$375,065$364,436$354,206$344,355$334,866$323,489
4 years$278,495$267,899$257,771$248,088$238,829$227,820
5 years$220,569$210,036$200,041$190,555$181,554$170,945
6 years$181,964$171,510$161,663$152,389$143,658$133,462
7 years$154,399$144,034$134,343$125,287$116,832$107,054
8 years$133,736$123,464$113,933$105,100$96,923$87,562
9 years$117,672$107,498$98,131$89,522$81,624$72,676
10 years$104,829$94,754$85,552$77,169$69,547$61,008
11 years$94,328$84,354$75,319$67,160$59,813$51,674
12 years$85,583$75,711$66,844$58,908$51,833$44,086
13 years$78,190$68,421$59,720$52,007$45,199$37,836
14 years$71,858$62,193$53,659$46,166$39,621$32,631
15 years$66,375$56,814$48,447$41,172$34,886$28,258
16 years$61,582$52,126$43,924$36,865$30,832$24,556
17 years$57,358$48,006$39,969$33,123$27,338$21,402
18 years$53,607$44,360$36,487$29,851$24,308$18,700
19 years$50,255$41,112$33,402$26,973$21,666$16,374
20 years$47,242$38,203$30,655$24,429$19,352$14,364
21 years$44,519$35,585$28,196$22,171$17,318$12,621
22 years$42,047$33,217$25,987$20,158$15,523$11,105
23 years$39,794$31,067$23,995$18,359$13,935$9,783
24 years$37,731$29,108$22,191$16,744$12,525$8,628
25 years$35,836$27,317$20,553$15,292$11,270$7,616
26 years$34,090$25,673$19,062$13,982$10,152$6,728
27 years$32,476$24,161$17,701$12,798$9,153$5,948
28 years$30,980$22,767$16,455$11,726$8,259$5,262
29 years$29,590$21,478$15,313$10,753$7,457$4,657
30 years$28,294$20,284$14,264$9,868$6,738$4,124
31 years$27,085$19,175$13,297$9,063$6,092$3,654
32 years$25,954$18,144$12,407$8,329$5,511$3,238
33 years$24,893$17,182$11,584$7,660$4,987$2,871
34 years$23,897$16,285$10,824$7,047$4,515$2,546
35 years$22,960$15,446$10,119$6,488$4,090$2,258
36 years$22,076$14,660$9,466$5,975$3,705$2,004
37 years$21,243$13,924$8,860$5,505$3,358$1,778
38 years$20,455$13,233$8,297$5,074$3,045$1,578
39 years$19,710$12,583$7,774$4,679$2,761$1,401
40 years$19,003$11,972$7,286$4,315$2,504$1,244
41 years$18,333$11,396$6,832$3,981$2,272$1,105
42 years$17,697$10,853$6,409$3,674$2,062$981
43 years$17,091$10,341$6,014$3,392$1,871$871
44 years$16,515$9,857$5,645$3,132$1,698$774
45 years$15,966$9,400$5,301$2,892$1,542$688
46 years$15,442$8,967$4,978$2,672$1,400$611
47 years$14,943$8,557$4,677$2,468$1,271$543
48 years$14,465$8,169$4,395$2,281$1,154$482
49 years$14,008$7,801$4,131$2,108$1,048$428
50 years$13,571$7,452$3,884$1,948$952$381

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $13,900,000, adding $2,721 every year, while hoping to spend $22,395 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: 75/14/11 Blend
53$13,900,000$13,900,000$13,900,000$13,900,000
54$15,320,607$14,583,907$14,368,457$16,437,508
55$16,859,480$15,274,690$14,825,972$17,865,166
56$18,554,569$15,998,571$15,298,063$19,426,201
57$20,421,782$16,757,148$15,785,195$21,136,304
58$22,478,652$17,552,097$16,287,848$23,010,267
59$24,744,499$18,385,174$16,806,516$25,064,372
60$27,240,613$19,258,223$17,341,709$27,316,544
61$29,990,454$20,173,174$17,893,955$29,786,515
62$33,019,875$21,132,054$18,463,796$32,496,014
63$36,357,364$22,136,987$19,051,795$35,468,961
64$40,034,315$23,190,199$19,658,530$38,731,696
65$44,085,323$24,294,026$20,284,599$42,313,223
66$48,548,510$25,450,918$20,930,617$46,245,480
67$53,465,886$26,663,441$21,597,221$50,563,637
68$58,883,746$27,934,289$22,285,067$55,306,427
69$64,853,104$29,266,285$22,994,833$60,516,506
70$71,430,178$30,662,390$23,727,217$66,240,852
71$78,676,918$32,125,710$24,482,941$72,531,204
72$86,661,593$33,659,499$25,262,749$79,444,550
73$95,459,433$35,267,172$26,067,408$87,043,656
74$105,153,341$36,952,309$26,897,713$95,397,658
75$115,834,675$38,718,665$27,754,479$104,582,706
76$127,604,109$40,570,177$28,638,551$114,682,684
77$140,572,585$42,510,973$29,550,800$125,789,989
78$154,862,361$44,545,383$30,492,124$138,006,406
79$170,608,163$46,677,947$31,463,451$151,444,059
80$187,958,456$48,913,427$32,465,737$166,226,461
81$207,076,850$51,256,816$33,499,971$182,489,682
82$228,143,638$53,713,350$34,567,169$200,383,620
83$251,357,505$56,288,520$35,668,385$220,073,413
84$276,937,398$58,988,085$36,804,703$241,740,990
85$305,124,594$61,818,083$37,977,243$265,586,783
86$336,184,982$64,784,848$39,187,159$291,831,607
87$370,411,565$67,895,021$40,435,645$320,718,743
88$408,127,236$71,155,568$41,723,930$352,516,224
89$449,687,816$74,573,792$43,053,283$387,519,353
90$495,485,421$78,157,356$44,425,016$426,053,488
91$545,952,158$81,914,291$45,840,479$468,477,101
92$601,564,211$85,853,024$47,301,067$515,185,152
93$662,846,329$89,982,390$48,808,221$566,612,807
94$730,376,783$94,311,656$50,363,425$623,239,540
95$804,792,828$98,850,540$51,968,213$685,593,641
96$886,796,714$103,609,235$53,624,166$754,257,197
97$977,162,320$108,598,428$55,332,916$829,871,576
98$1,076,742,456$113,829,331$57,096,149$913,143,462
99$1,186,476,918$119,313,699$58,915,601$1,004,851,521
100$1,307,401,357$125,063,864$60,793,067$1,105,853,735