Can I retire at age 54 with 14,500,000?

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 $14,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,143,224
2 years$592,771$581,731$571,031$560,658$550,595$537,482
3 years$391,255$380,167$369,495$359,219$349,320$336,527
4 years$290,517$279,463$268,898$258,797$249,138$236,763
5 years$230,090$219,103$208,676$198,781$189,391$177,470
6 years$189,818$178,914$168,641$158,967$149,859$138,407
7 years$161,064$150,252$140,141$130,695$121,875$110,897
8 years$139,508$128,793$118,851$109,637$101,107$90,602
9 years$122,752$112,138$102,366$93,386$85,147$75,110
10 years$109,354$98,844$89,245$80,500$72,549$62,975
11 years$98,400$87,995$78,570$70,059$62,395$53,274
12 years$89,277$78,980$69,729$61,451$54,070$45,394
13 years$81,565$71,374$62,298$54,252$47,150$38,908
14 years$74,959$64,877$55,975$48,159$41,332$33,511
15 years$69,240$59,267$50,538$42,949$36,392$28,981
16 years$64,240$54,376$45,820$38,457$32,163$25,150
17 years$59,834$50,078$41,695$34,553$28,518$21,888
18 years$55,921$46,275$38,062$31,139$25,357$19,097
19 years$52,424$42,887$34,844$28,137$22,601$16,698
20 years$49,281$39,852$31,978$25,483$20,188$14,627
21 years$46,441$37,121$29,413$23,128$18,066$12,833
22 years$43,862$34,651$27,109$21,028$16,193$11,274
23 years$41,511$32,408$25,030$19,151$14,536$9,917
24 years$39,360$30,365$23,149$17,467$13,065$8,732
25 years$37,383$28,496$21,441$15,952$11,757$7,696
26 years$35,562$26,781$19,885$14,585$10,590$6,788
27 years$33,878$25,204$18,465$13,350$9,548$5,992
28 years$32,317$23,750$17,166$12,232$8,615$5,292
29 years$30,867$22,405$15,974$11,217$7,779$4,676
30 years$29,516$21,160$14,879$10,294$7,029$4,134
31 years$28,254$20,003$13,871$9,454$6,355$3,657
32 years$27,074$18,927$12,942$8,689$5,749$3,236
33 years$25,967$17,924$12,084$7,990$5,202$2,864
34 years$24,928$16,988$11,291$7,352$4,710$2,535
35 years$23,951$16,113$10,556$6,768$4,266$2,245
36 years$23,029$15,293$9,875$6,233$3,865$1,989
37 years$22,160$14,525$9,243$5,743$3,503$1,762
38 years$21,338$13,804$8,656$5,293$3,176$1,561
39 years$20,561$13,126$8,109$4,881$2,880$1,384
40 years$19,824$12,489$7,601$4,502$2,612$1,226
41 years$19,125$11,888$7,127$4,153$2,370$1,087
42 years$18,461$11,322$6,686$3,833$2,151$964
43 years$17,829$10,787$6,273$3,538$1,952$855
44 years$17,228$10,282$5,889$3,267$1,772$758
45 years$16,655$9,805$5,529$3,017$1,608$672
46 years$16,109$9,354$5,193$2,787$1,460$596
47 years$15,588$8,926$4,879$2,575$1,326$529
48 years$15,089$8,521$4,585$2,379$1,204$469
49 years$14,613$8,138$4,310$2,199$1,094$416
50 years$14,157$7,773$4,052$2,032$993$369

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $14,500,000, adding $5,512 every year, while hoping to spend $47,362 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: 43/40/17 Blend
53$14,500,000$14,500,000$14,500,000$14,500,000
54$15,984,686$15,216,186$14,991,436$16,592,742
55$17,564,731$15,911,386$15,443,256$17,716,429
56$19,304,353$16,639,064$15,908,625$18,927,972
57$21,219,780$17,400,760$16,387,946$20,239,552
58$23,328,891$18,198,091$16,881,636$21,660,391
59$25,651,389$19,032,749$17,390,122$23,200,611
60$28,208,985$19,906,508$17,913,845$24,871,323
61$31,025,602$20,821,227$18,453,260$26,684,722
62$34,127,602$21,778,856$19,008,833$28,654,200
63$37,544,034$22,781,436$19,581,045$30,794,465
64$41,306,907$23,831,109$20,170,392$33,121,668
65$45,451,495$24,930,117$20,777,384$35,653,557
66$50,016,667$26,080,811$21,402,545$38,409,628
67$55,045,253$27,285,657$22,046,417$41,411,307
68$60,584,452$28,547,238$22,709,555$44,682,140
69$66,686,273$29,868,260$23,392,532$48,248,010
70$73,408,030$31,251,562$24,095,939$52,137,370
71$80,812,879$32,700,117$24,820,382$56,381,501
72$88,970,414$34,217,045$25,566,487$61,014,801
73$97,957,329$35,805,613$26,334,897$66,075,096
74$107,858,136$37,469,247$27,126,275$71,603,985
75$118,765,963$39,211,537$27,941,302$77,647,227
76$130,783,436$41,036,248$28,780,681$84,255,155
77$144,023,647$42,947,325$29,645,135$91,483,140
78$158,611,220$44,948,904$30,535,407$99,392,103
79$174,683,485$47,045,321$31,452,264$108,049,074
80$192,391,780$49,241,121$32,396,494$117,527,812
81$211,902,874$51,541,069$33,368,910$127,909,484
82$233,400,544$53,950,158$34,370,345$139,283,418
83$257,087,310$56,473,626$35,401,662$151,747,926
84$283,186,343$59,116,961$36,463,745$165,411,221
85$311,943,575$61,885,917$37,557,505$180,392,415
86$343,630,020$64,786,527$38,683,882$196,822,627
87$378,544,330$67,825,116$39,843,840$214,846,200
88$417,015,618$71,008,312$41,038,375$234,622,044
89$459,406,560$74,343,068$42,268,509$256,325,113
90$506,116,821$77,836,671$43,535,297$280,148,036
91$557,586,829$81,496,760$44,839,821$306,302,911
92$614,301,929$85,331,345$46,183,199$335,023,281
93$676,796,969$89,348,824$47,566,580$366,566,313
94$745,661,345$93,558,001$48,991,145$401,215,203
95$821,544,566$97,968,108$50,458,112$439,281,813
96$905,162,388$102,588,820$51,968,735$481,109,594
97$997,303,565$107,430,287$53,524,302$527,076,788
98$1,098,837,304$112,503,146$55,126,140$577,599,976
99$1,210,721,460$117,818,551$56,775,617$633,137,968
100$1,334,011,586$123,388,197$58,474,138$694,196,102