Can I retire at age 54 with 17,100,000?

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 $17,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$1,412,102$1,399,524$1,387,252$1,375,274$1,363,578$1,351,589
2 years$699,060$686,041$673,423$661,189$649,323$637,241
3 years$461,411$448,335$435,749$423,630$411,957$400,158
4 years$342,609$329,574$317,114$305,202$293,811$282,385
5 years$271,347$258,390$246,093$234,424$223,351$212,331
6 years$223,855$210,995$198,880$187,471$176,730$166,130
7 years$189,945$177,193$165,270$154,130$143,729$133,555
8 years$164,524$151,887$140,162$129,296$119,237$109,488
9 years$144,762$132,245$120,722$110,132$100,415$91,087
10 years$128,962$116,568$105,248$94,934$85,558$76,648
11 years$116,044$103,773$92,659$82,621$73,583$65,082
12 years$105,286$93,141$82,232$72,470$63,765$55,666
13 years$96,190$84,173$73,469$63,980$55,605$47,898
14 years$88,400$76,511$66,012$56,794$48,743$41,418
15 years$81,655$69,894$59,600$50,651$42,917$35,964
16 years$75,759$64,126$54,036$45,352$37,930$31,339
17 years$70,563$59,058$49,171$40,749$33,631$27,389
18 years$65,948$54,572$44,887$36,723$29,904$23,999
19 years$61,824$50,577$41,092$33,182$26,654$21,075
20 years$58,117$46,998$37,712$30,053$23,808$18,542
21 years$54,768$43,777$34,688$27,275$21,305$16,341
22 years$51,727$40,864$31,970$24,799$19,097$14,421
23 years$48,955$38,220$29,519$22,585$17,143$12,743
24 years$46,417$35,809$27,300$20,599$15,408$11,273
25 years$44,086$33,605$25,285$18,812$13,865$9,982
26 years$41,938$31,584$23,451$17,201$12,489$8,846
27 years$39,953$29,724$21,776$15,744$11,260$7,846
28 years$38,112$28,009$20,244$14,425$10,160$6,963
29 years$36,402$26,423$18,838$13,228$9,174$6,183
30 years$34,808$24,954$17,547$12,140$8,290$5,493
31 years$33,320$23,589$16,359$11,150$7,495$4,882
32 years$31,928$22,320$15,263$10,247$6,779$4,341
33 years$30,624$21,138$14,251$9,423$6,135$3,862
34 years$29,398$20,034$13,315$8,670$5,555$3,436
35 years$28,245$19,002$12,449$7,981$5,031$3,058
36 years$27,159$18,035$11,646$7,350$4,559$2,723
37 years$26,133$17,130$10,900$6,772$4,132$2,424
38 years$25,164$16,279$10,208$6,242$3,746$2,159
39 years$24,247$15,480$9,563$5,756$3,397$1,923
40 years$23,378$14,728$8,964$5,309$3,081$1,714
41 years$22,554$14,020$8,405$4,898$2,795$1,527
42 years$21,771$13,352$7,884$4,520$2,536$1,361
43 years$21,026$12,722$7,398$4,173$2,302$1,213
44 years$20,317$12,126$6,945$3,853$2,089$1,081
45 years$19,642$11,564$6,521$3,558$1,897$964
46 years$18,998$11,031$6,125$3,287$1,722$859
47 years$18,383$10,527$5,754$3,037$1,564$766
48 years$17,795$10,049$5,407$2,806$1,420$683
49 years$17,233$9,597$5,082$2,593$1,290$609
50 years$16,696$9,167$4,778$2,397$1,172$543

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $17,100,000, adding $5,882 every year, while hoping to spend $43,972 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: 71/24/5 Blend
53$17,100,000$17,100,000$17,100,000$17,100,000
54$18,850,267$17,943,967$17,678,917$20,179,436
55$20,726,209$18,776,436$18,224,375$21,889,517
56$22,792,022$19,648,222$18,786,632$23,754,513
57$25,067,029$20,561,205$19,366,204$25,794,456
58$27,572,518$21,517,356$19,963,624$28,026,528
59$30,331,949$22,518,741$20,579,441$30,469,632
60$33,371,175$23,567,525$21,214,218$33,144,570
61$36,718,680$24,665,980$21,868,540$36,074,231
62$40,405,855$25,816,483$22,543,006$39,283,807
63$44,467,291$27,021,529$23,238,236$42,801,022
64$48,941,105$28,283,735$23,954,867$46,656,390
65$53,869,300$29,605,840$24,693,557$50,883,501
66$59,298,161$30,990,718$25,454,983$55,519,327
67$65,278,693$32,441,383$26,239,845$60,604,569
68$71,867,101$33,960,992$27,048,861$66,184,038
69$79,125,321$35,552,856$27,882,773$72,307,064
70$87,121,604$37,220,446$28,742,347$79,027,962
71$95,931,161$38,967,402$29,628,369$86,406,536
72$105,636,873$40,797,538$30,541,653$94,508,636
73$116,330,070$42,714,853$31,483,034$103,406,771
74$128,111,398$44,723,542$32,453,376$113,180,788
75$141,091,765$46,827,999$33,453,569$123,918,618
76$155,393,388$49,032,835$34,484,527$135,717,094
77$171,150,951$51,342,881$35,547,195$148,682,859
78$188,512,869$53,763,203$36,642,548$162,933,364
79$207,642,695$56,299,114$37,771,586$178,597,965
80$228,720,661$58,956,182$38,935,346$195,819,134
81$251,945,380$61,740,246$40,134,891$214,753,796
82$277,535,719$64,657,428$41,371,320$235,574,794
83$305,732,868$67,714,148$42,645,765$258,472,517
84$336,802,614$70,917,134$43,959,392$283,656,675
85$371,037,852$74,273,445$45,313,402$311,358,273
86$408,761,346$77,790,478$46,709,035$341,831,778
87$450,328,783$81,475,990$48,147,567$375,357,504
88$496,132,122$85,338,117$49,630,314$412,244,244
89$546,603,301$89,385,387$51,158,632$452,832,173
90$602,218,310$93,626,743$52,733,918$497,496,037
91$663,501,686$98,071,562$54,357,613$546,648,683
92$731,031,465$102,729,676$56,031,200$600,744,929
93$805,444,639$107,611,394$57,756,210$660,285,844
94$887,443,167$112,727,528$59,534,218$725,823,460
95$977,800,605$118,089,412$61,366,849$797,965,960
96$1,077,369,407$123,708,933$63,255,778$877,383,400
97$1,187,088,970$129,598,554$65,202,731$964,814,012
98$1,307,994,506$135,771,345$67,209,484$1,061,071,148
99$1,441,226,816$142,241,010$69,277,871$1,167,050,938
100$1,588,043,051$149,021,920$71,409,780$1,283,740,721