Can I retire at age 54 with 15,100,000?

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 $15,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,188,556
2 years$617,299$605,802$594,660$583,857$573,379$557,746
3 years$407,445$395,899$384,785$374,083$363,775$348,534
4 years$302,538$291,027$280,025$269,506$259,447$244,715
5 years$239,611$228,169$217,311$207,006$197,228$183,048
6 years$197,673$186,317$175,619$165,545$156,060$142,449
7 years$167,729$156,469$145,940$136,103$126,918$113,882
8 years$145,281$134,123$123,769$114,174$105,291$92,827
9 years$127,831$116,778$106,602$97,251$88,670$76,774
10 years$113,879$102,934$92,938$83,831$75,551$64,214
11 years$102,471$91,636$81,821$72,958$64,977$54,188
12 years$92,972$82,248$72,614$63,994$56,307$46,055
13 years$84,940$74,328$64,876$56,497$49,101$39,371
14 years$78,061$67,562$58,292$50,152$43,042$33,821
15 years$72,105$61,719$52,629$44,727$37,897$29,169
16 years$66,899$56,626$47,716$40,048$33,494$25,243
17 years$62,310$52,150$43,420$35,983$29,698$21,908
18 years$58,235$48,189$39,637$32,428$26,406$19,060
19 years$54,593$44,661$36,286$29,301$23,536$16,616
20 years$51,320$41,502$33,301$26,538$21,023$14,512
21 years$48,362$38,657$30,631$24,085$18,813$12,694
22 years$45,677$36,085$28,231$21,899$16,863$11,119
23 years$43,229$33,750$26,066$19,943$15,138$9,751
24 years$40,988$31,621$24,107$18,190$13,606$8,559
25 years$38,930$29,675$22,328$16,612$12,243$7,520
26 years$37,033$27,890$20,708$15,189$11,028$6,612
27 years$35,280$26,247$19,229$13,903$9,943$5,817
28 years$33,655$24,733$17,876$12,738$8,972$5,121
29 years$32,144$23,333$16,635$11,681$8,101$4,511
30 years$30,737$22,035$15,495$10,720$7,320$3,975
31 years$29,423$20,830$14,445$9,846$6,618$3,504
32 years$28,194$19,710$13,478$9,048$5,986$3,090
33 years$27,042$18,666$12,584$8,321$5,418$2,726
34 years$25,960$17,691$11,758$7,656$4,905$2,406
35 years$24,942$16,779$10,993$7,048$4,443$2,123
36 years$23,982$15,926$10,284$6,491$4,025$1,874
37 years$23,077$15,126$9,625$5,980$3,648$1,655
38 years$22,221$14,375$9,014$5,512$3,308$1,461
39 years$21,411$13,669$8,445$5,083$2,999$1,291
40 years$20,644$13,005$7,915$4,688$2,721$1,140
41 years$19,916$12,380$7,422$4,325$2,468$1,007
42 years$19,225$11,790$6,962$3,992$2,240$890
43 years$18,567$11,234$6,533$3,685$2,033$786
44 years$17,941$10,708$6,132$3,402$1,845$695
45 years$17,345$10,211$5,758$3,142$1,675$614
46 years$16,776$9,741$5,408$2,902$1,521$543
47 years$16,233$9,296$5,081$2,681$1,381$480
48 years$15,714$8,874$4,775$2,478$1,254$424
49 years$15,218$8,474$4,488$2,290$1,139$375
50 years$14,743$8,095$4,219$2,117$1,035$331

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $15,100,000, adding $5,233 every year, while hoping to spend $35,325 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: 78/15/7 Blend
53$15,100,000$15,100,000$15,100,000$15,100,000
54$16,645,598$15,845,298$15,611,248$17,930,062
55$18,305,863$16,584,132$16,096,639$19,512,367
56$20,134,292$17,357,985$16,597,107$21,242,089
57$22,147,999$18,168,535$17,113,119$23,137,971
58$24,365,844$19,017,543$17,645,159$25,216,536
59$26,808,611$19,906,853$18,193,722$27,495,975
60$29,499,199$20,838,399$18,759,321$29,996,314
61$32,462,845$21,814,208$19,342,486$32,739,601
62$35,727,356$22,836,405$19,943,760$35,750,114
63$39,323,376$23,907,219$20,563,706$39,054,583
64$43,284,674$25,028,986$21,202,903$42,682,444
65$47,648,458$26,204,154$21,861,948$46,666,110
66$52,455,734$27,435,291$22,541,457$51,041,274
67$57,751,687$28,725,088$23,242,064$55,847,247
68$63,586,110$30,076,367$23,964,423$61,127,319
69$70,013,871$31,492,088$24,709,210$66,929,170
70$77,095,437$32,975,351$25,477,119$73,305,309
71$84,897,437$34,529,408$26,268,868$80,313,574
72$93,493,296$36,157,670$27,085,196$88,017,669
73$102,963,927$37,863,711$27,926,865$96,487,760
74$113,398,493$39,651,279$28,794,661$105,801,135
75$124,895,251$41,524,303$29,689,393$116,042,928
76$137,562,477$43,486,904$30,611,898$127,306,919
77$151,519,489$45,543,401$31,563,036$139,696,411
78$166,897,774$47,698,325$32,543,694$153,325,201
79$183,842,227$49,956,424$33,554,789$168,318,651
80$202,512,523$52,322,677$34,597,263$184,814,861
81$223,084,618$54,802,306$35,672,089$202,965,968
82$245,752,415$57,400,785$36,780,270$222,939,578
83$270,729,592$60,123,854$37,922,840$244,920,339
84$298,251,620$62,977,532$39,100,864$269,111,675
85$328,577,984$65,968,130$40,315,442$295,737,704
86$361,994,635$69,102,265$41,567,706$325,045,340
87$398,816,689$72,386,877$42,858,825$357,306,620
88$439,391,397$75,829,240$44,190,002$392,821,262
89$484,101,431$79,436,985$45,562,479$431,919,483
90$533,368,491$83,218,110$46,977,535$474,965,112
91$587,657,284$87,181,005$48,436,490$522,359,010
92$647,479,919$91,334,466$49,940,704$574,542,846
93$713,400,732$95,687,717$51,491,579$632,003,256
94$786,041,622$100,250,429$53,090,562$695,276,423
95$866,087,913$105,032,746$54,739,141$764,953,131
96$954,294,832$110,045,303$56,438,855$841,684,328
97$1,051,494,635$115,299,253$58,191,286$926,187,256
98$1,158,604,462$120,806,291$59,998,069$1,019,252,212
99$1,276,634,999$126,578,680$61,860,886$1,121,749,992
100$1,406,700,016$132,629,283$63,781,473$1,234,640,099