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

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,072,495
2 years$568,242$557,659$547,403$537,458$527,812$491,970
3 years$375,065$364,436$354,206$344,355$334,866$300,217
4 years$278,495$267,899$257,771$248,088$238,829$205,639
5 years$220,569$210,036$200,041$190,555$181,554$149,911
6 years$181,964$171,510$161,663$152,389$143,658$113,588
7 years$154,399$144,034$134,343$125,287$116,832$88,333
8 years$133,736$123,464$113,933$105,100$96,923$69,974
9 years$117,672$107,498$98,131$89,522$81,624$56,193
10 years$104,829$94,754$85,552$77,169$69,547$45,597
11 years$94,328$84,354$75,319$67,160$59,813$37,298
12 years$85,583$75,711$66,844$58,908$51,833$30,703
13 years$78,190$68,421$59,720$52,007$45,199$25,403
14 years$71,858$62,193$53,659$46,166$39,621$21,105
15 years$66,375$56,814$48,447$41,172$34,886$17,592
16 years$61,582$52,126$43,924$36,865$30,832$14,704
17 years$57,358$48,006$39,969$33,123$27,338$12,318
18 years$53,607$44,360$36,487$29,851$24,308$10,338
19 years$50,255$41,112$33,402$26,973$21,666$8,690
20 years$47,242$38,203$30,655$24,429$19,352$7,314
21 years$44,519$35,585$28,196$22,171$17,318$6,163
22 years$42,047$33,217$25,987$20,158$15,523$5,198
23 years$39,794$31,067$23,995$18,359$13,935$4,387
24 years$37,731$29,108$22,191$16,744$12,525$3,705
25 years$35,836$27,317$20,553$15,292$11,270$3,130
26 years$34,090$25,673$19,062$13,982$10,152$2,646
27 years$32,476$24,161$17,701$12,798$9,153$2,238
28 years$30,980$22,767$16,455$11,726$8,259$1,893
29 years$29,590$21,478$15,313$10,753$7,457$1,602
30 years$28,294$20,284$14,264$9,868$6,738$1,356
31 years$27,085$19,175$13,297$9,063$6,092$1,148
32 years$25,954$18,144$12,407$8,329$5,511$972
33 years$24,893$17,182$11,584$7,660$4,987$823
34 years$23,897$16,285$10,824$7,047$4,515$697
35 years$22,960$15,446$10,119$6,488$4,090$590
36 years$22,076$14,660$9,466$5,975$3,705$500
37 years$21,243$13,924$8,860$5,505$3,358$424
38 years$20,455$13,233$8,297$5,074$3,045$359
39 years$19,710$12,583$7,774$4,679$2,761$304
40 years$19,003$11,972$7,286$4,315$2,504$258
41 years$18,333$11,396$6,832$3,981$2,272$218
42 years$17,697$10,853$6,409$3,674$2,062$185
43 years$17,091$10,341$6,014$3,392$1,871$157
44 years$16,515$9,857$5,645$3,132$1,698$133
45 years$15,966$9,400$5,301$2,892$1,542$113
46 years$15,442$8,967$4,978$2,672$1,400$95
47 years$14,943$8,557$4,677$2,468$1,271$81
48 years$14,465$8,169$4,395$2,281$1,154$68
49 years$14,008$7,801$4,131$2,108$1,048$58
50 years$13,571$7,452$3,884$1,948$952$49

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 $6,537 every year, while hoping to spend $35,565 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: 62/33/5 Blend
53$13,900,000$13,900,000$13,900,000$13,900,000
54$15,324,543$14,587,843$14,372,393$16,262,361
55$16,849,805$15,264,806$14,816,027$17,565,366
56$18,529,453$15,973,749$15,273,331$18,982,110
57$20,379,194$16,716,200$15,744,725$20,527,401
58$22,416,342$17,493,763$16,230,643$22,213,643
59$24,659,970$18,308,119$16,731,531$24,054,475
60$27,131,098$19,161,028$17,247,849$26,064,890
61$29,852,890$20,054,339$17,780,071$28,261,380
62$32,850,869$20,989,985$18,328,688$30,662,078
63$36,153,160$21,969,997$18,894,202$33,286,929
64$39,790,758$22,996,503$19,477,133$36,157,874
65$43,797,815$24,071,731$20,078,016$39,299,045
66$48,211,966$25,198,020$20,697,404$42,736,996
67$53,074,684$26,377,820$21,335,864$46,500,940
68$58,431,670$27,613,701$21,993,984$50,623,020
69$64,333,284$28,908,357$22,672,367$55,138,610
70$70,835,023$30,264,611$23,371,635$60,086,637
71$77,998,042$31,685,422$24,092,431$65,509,941
72$85,889,730$33,173,896$24,835,415$71,455,676
73$94,584,351$34,733,286$25,601,270$77,975,742
74$104,163,741$36,367,002$26,390,699$85,127,270
75$114,718,079$38,078,622$27,204,424$92,973,151
76$126,346,743$39,871,895$28,043,192$101,582,620
77$139,159,245$41,750,752$28,907,773$111,031,900
78$153,276,264$43,719,315$29,798,959$121,404,913
79$168,830,786$45,781,904$30,717,568$132,794,057
80$185,969,360$47,943,051$31,664,440$145,301,074
81$204,853,481$50,207,507$32,640,445$159,037,992
82$225,661,112$52,580,251$33,646,476$174,128,174
83$248,588,368$55,066,505$34,683,455$190,707,468
84$273,851,363$57,671,745$35,752,332$208,925,477
85$301,688,253$60,401,712$36,854,087$228,946,958
86$332,361,484$63,262,425$37,989,728$250,953,358
87$366,160,267$66,260,196$39,160,295$275,144,519
88$403,403,310$69,401,641$40,366,861$301,740,540
89$444,441,826$72,693,700$41,610,529$330,983,843
90$489,662,849$76,143,649$42,892,439$363,141,444
91$539,492,888$79,759,115$44,213,763$398,507,451
92$594,401,950$83,548,099$45,575,712$437,405,825
93$654,907,980$87,518,988$46,979,530$480,193,415
94$721,581,753$91,680,577$48,426,503$527,263,307
95$795,052,255$96,042,088$49,917,954$579,048,511
96$876,012,626$100,613,192$51,455,247$636,026,028
97$965,226,705$105,404,029$53,039,788$698,721,325
98$1,063,536,234$110,425,231$54,673,026$767,713,271
99$1,171,868,812$115,687,950$56,356,455$843,639,575
100$1,291,246,647$121,203,876$58,091,612$927,202,777