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%11%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,199,022
2 years$617,299$605,802$594,660$583,857$573,379$568,257
3 years$407,445$395,899$384,785$374,083$363,775$358,763
4 years$302,538$291,027$280,025$269,506$259,447$254,584
5 years$239,611$228,169$217,311$207,006$197,228$192,527
6 years$197,673$186,317$175,619$165,545$156,060$151,528
7 years$167,729$156,469$145,940$136,103$126,918$122,558
8 years$145,281$134,123$123,769$114,174$105,291$101,103
9 years$127,831$116,778$106,602$97,251$88,670$84,653
10 years$113,879$102,934$92,938$83,831$75,551$71,703
11 years$102,471$91,636$81,821$72,958$64,977$61,295
12 years$92,972$82,248$72,614$63,994$56,307$52,790
13 years$84,940$74,328$64,876$56,497$49,101$45,744
14 years$78,061$67,562$58,292$50,152$43,042$39,841
15 years$72,105$61,719$52,629$44,727$37,897$34,850
16 years$66,899$56,626$47,716$40,048$33,494$30,595
17 years$62,310$52,150$43,420$35,983$29,698$26,944
18 years$58,235$48,189$39,637$32,428$26,406$23,792
19 years$54,593$44,661$36,286$29,301$23,536$21,058
20 years$51,320$41,502$33,301$26,538$21,023$18,676
21 years$48,362$38,657$30,631$24,085$18,813$16,592
22 years$45,677$36,085$28,231$21,899$16,863$14,764
23 years$43,229$33,750$26,066$19,943$15,138$13,155
24 years$40,988$31,621$24,107$18,190$13,606$11,735
25 years$38,930$29,675$22,328$16,612$12,243$10,480
26 years$37,033$27,890$20,708$15,189$11,028$9,367
27 years$35,280$26,247$19,229$13,903$9,943$8,380
28 years$33,655$24,733$17,876$12,738$8,972$7,502
29 years$32,144$23,333$16,635$11,681$8,101$6,721
30 years$30,737$22,035$15,495$10,720$7,320$6,025
31 years$29,423$20,830$14,445$9,846$6,618$5,403
32 years$28,194$19,710$13,478$9,048$5,986$4,848
33 years$27,042$18,666$12,584$8,321$5,418$4,352
34 years$25,960$17,691$11,758$7,656$4,905$3,908
35 years$24,942$16,779$10,993$7,048$4,443$3,510
36 years$23,982$15,926$10,284$6,491$4,025$3,154
37 years$23,077$15,126$9,625$5,980$3,648$2,835
38 years$22,221$14,375$9,014$5,512$3,308$2,548
39 years$21,411$13,669$8,445$5,083$2,999$2,291
40 years$20,644$13,005$7,915$4,688$2,721$2,061
41 years$19,916$12,380$7,422$4,325$2,468$1,854
42 years$19,225$11,790$6,962$3,992$2,240$1,668
43 years$18,567$11,234$6,533$3,685$2,033$1,501
44 years$17,941$10,708$6,132$3,402$1,845$1,350
45 years$17,345$10,211$5,758$3,142$1,675$1,215
46 years$16,776$9,741$5,408$2,902$1,521$1,094
47 years$16,233$9,296$5,081$2,681$1,381$985
48 years$15,714$8,874$4,775$2,478$1,254$886
49 years$15,218$8,474$4,488$2,290$1,139$798
50 years$14,743$8,095$4,219$2,117$1,035$719

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 $2,153 every year, while hoping to spend $31,410 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: 62/27/11 Blend
53$15,100,000$15,100,000$15,100,000$15,100,000
54$16,642,421$15,842,121$15,608,071$17,631,957
55$18,306,528$16,584,965$16,097,521$19,037,837
56$20,139,321$17,363,155$16,602,315$20,567,953
57$22,157,973$18,178,391$17,122,934$22,237,350
58$24,381,407$19,032,454$17,659,874$24,059,517
59$26,830,477$19,927,210$18,213,646$26,049,290
60$29,528,160$20,864,617$18,784,777$28,222,981
61$32,499,777$21,846,728$19,373,812$30,598,535
62$35,773,231$22,875,695$19,981,311$33,195,689
63$39,379,269$23,953,773$20,607,854$36,036,156
64$43,351,774$25,083,327$21,254,037$39,143,823
65$47,728,083$26,266,838$21,920,475$42,544,974
66$52,549,340$27,506,906$22,607,803$46,268,528
67$57,860,884$28,806,256$23,316,676$50,346,309
68$63,712,679$30,167,746$24,047,769$54,813,341
69$70,159,781$31,594,375$24,801,778$59,708,169
70$77,262,862$33,089,283$25,579,421$65,073,218
71$85,088,782$34,655,765$26,381,439$70,955,185
72$93,711,216$36,297,276$27,208,596$77,405,476
73$103,211,354$38,017,437$28,061,679$84,480,678
74$113,678,667$39,820,046$28,941,500$92,243,088
75$125,211,749$41,709,086$29,848,897$100,761,292
76$137,919,247$43,688,731$30,784,735$110,110,806
77$151,920,890$45,763,359$31,749,904$120,374,773
78$167,348,619$47,937,561$32,745,323$131,644,745
79$184,347,827$50,216,151$33,771,941$144,021,532
80$203,078,739$52,604,176$34,830,735$157,616,147
81$223,717,918$55,106,928$35,922,712$172,550,839
82$246,459,935$57,729,957$37,048,912$188,960,236
83$271,519,206$60,479,082$38,210,408$206,992,607
84$299,132,014$63,360,406$39,408,306$226,811,243
85$329,558,740$66,380,327$40,643,745$248,595,990
86$363,086,323$69,545,555$41,917,902$272,544,930
87$400,030,967$72,863,125$43,231,990$298,876,236
88$440,741,124$76,340,417$44,587,260$327,830,219
89$485,600,787$79,985,166$45,985,002$359,671,575
90$535,033,114$83,805,486$47,426,546$394,691,871
91$589,504,422$87,809,885$48,913,265$433,212,281
92$649,528,587$92,007,284$50,446,574$475,586,593
93$715,671,901$96,407,039$52,027,933$522,204,536
94$788,558,412$101,018,961$53,658,846$573,495,435
95$868,875,819$105,853,338$55,340,866$629,932,244
96$957,381,961$110,920,960$57,075,593$692,035,987
97$1,054,911,975$116,233,142$58,864,680$760,380,656
98$1,162,386,178$121,801,747$60,709,828$835,598,603
99$1,280,818,754$127,639,219$62,612,793$918,386,483
100$1,411,327,333$133,758,606$64,575,388$1,009,511,806