Can I retire at age 54 with 17,600,000?

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 $17,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,375,675
2 years$719,501$706,101$693,114$680,522$668,309$640,445
3 years$474,902$461,445$448,491$436,017$424,003$396,917
4 years$352,627$339,211$326,386$314,126$302,402$276,303
5 years$279,281$265,945$253,289$241,279$229,881$204,844
6 years$230,400$217,164$204,695$192,953$181,897$157,948
7 years$195,499$182,374$170,103$158,637$147,931$125,076
8 years$169,334$156,328$144,261$133,077$122,723$100,956
9 years$148,995$136,112$124,252$113,352$103,351$82,657
10 years$132,733$119,976$108,325$97,710$88,060$68,420
11 years$119,437$106,808$95,368$85,037$75,735$57,124
12 years$108,364$95,865$84,637$74,589$65,630$48,023
13 years$99,003$86,634$75,617$65,851$57,231$40,597
14 years$90,985$78,748$67,942$58,455$50,168$34,477
15 years$84,043$71,937$61,343$52,132$44,172$29,391
16 years$77,975$66,001$55,616$46,678$39,039$25,134
17 years$72,626$60,785$50,609$41,940$34,615$21,551
18 years$67,876$56,168$46,199$37,796$30,778$18,520
19 years$63,632$52,056$42,293$34,152$27,433$15,945
20 years$59,817$48,373$38,815$30,932$24,504$13,751
21 years$56,369$45,057$35,702$28,072$21,928$11,875
22 years$53,240$42,059$32,905$25,524$19,655$10,266
23 years$50,386$39,337$30,382$23,245$17,644$8,885
24 years$47,775$36,856$28,098$21,201$15,859$7,696
25 years$45,376$34,588$26,024$19,362$14,270$6,672
26 years$43,165$32,507$24,136$17,704$12,854$5,787
27 years$41,121$30,593$22,413$16,205$11,589$5,023
28 years$39,227$28,828$20,835$14,847$10,457$4,361
29 years$37,466$27,196$19,389$13,615$9,443$3,789
30 years$35,826$25,683$18,060$12,495$8,532$3,292
31 years$34,295$24,279$16,837$11,476$7,714$2,862
32 years$32,862$22,973$15,709$10,547$6,978$2,488
33 years$31,519$21,756$14,668$9,698$6,315$2,164
34 years$30,258$20,620$13,705$8,923$5,717$1,883
35 years$29,071$19,557$12,813$8,214$5,178$1,638
36 years$27,953$18,563$11,986$7,565$4,692$1,425
37 years$26,898$17,630$11,219$6,970$4,252$1,240
38 years$25,900$16,755$10,506$6,425$3,855$1,080
39 years$24,956$15,933$9,843$5,924$3,496$940
40 years$24,062$15,159$9,226$5,464$3,171$818
41 years$23,213$14,429$8,651$5,041$2,877$712
42 years$22,407$13,742$8,115$4,652$2,610$620
43 years$21,641$13,093$7,615$4,295$2,369$540
44 years$20,911$12,481$7,148$3,966$2,150$470
45 years$20,216$11,902$6,711$3,662$1,952$410
46 years$19,553$11,354$6,304$3,383$1,772$357
47 years$18,920$10,835$5,922$3,125$1,610$311
48 years$18,315$10,343$5,565$2,888$1,462$270
49 years$17,737$9,877$5,231$2,669$1,328$236
50 years$17,184$9,435$4,918$2,467$1,206$205

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $17,600,000, adding $6,766 every year, while hoping to spend $34,220 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: 54/27/19 Blend
53$17,600,000$17,600,000$17,600,000$17,600,000
54$19,402,179$18,469,379$18,196,579$20,349,581
55$21,344,792$19,337,969$18,769,755$21,867,393
56$23,484,404$20,247,973$19,360,985$23,514,557
57$25,841,073$21,201,384$19,970,838$25,306,840
58$28,436,902$22,200,291$20,599,901$27,258,104
59$31,296,248$23,246,887$21,248,779$29,383,581
60$34,445,948$24,343,467$21,918,096$31,700,017
61$37,915,578$25,492,440$22,608,496$34,225,818
62$41,737,729$26,696,332$23,320,642$36,981,226
63$45,948,314$27,957,789$24,055,221$39,988,495
64$50,586,909$29,279,588$24,812,938$43,272,103
65$55,697,125$30,664,639$25,594,522$46,858,967
66$61,327,019$32,115,993$26,400,726$50,778,698
67$67,529,549$33,636,851$27,232,324$55,063,869
68$74,363,072$35,230,566$28,090,116$59,750,315
69$81,891,899$36,900,657$28,974,929$64,877,464
70$90,186,896$38,650,812$29,887,612$70,488,698
71$99,326,156$40,484,899$30,829,043$76,631,757
72$109,395,736$42,406,971$31,800,129$83,359,180
73$120,490,471$44,421,283$32,801,803$90,728,787
74$132,714,864$46,532,291$33,835,028$98,804,219
75$146,184,078$48,744,671$34,900,800$107,655,526
76$161,025,019$51,063,325$36,000,141$117,359,817
77$177,377,537$53,493,393$37,134,112$128,001,977
78$195,395,742$56,040,266$38,303,801$139,675,457
79$215,249,463$58,709,594$39,510,333$152,483,139
80$237,125,849$61,507,306$40,754,871$166,538,299
81$261,231,137$64,439,615$42,038,610$181,965,658
82$287,792,595$67,513,038$43,362,786$198,902,550
83$317,060,673$70,734,409$44,728,672$217,500,197
84$349,311,360$74,110,895$46,137,582$237,925,123
85$384,848,799$77,650,009$47,590,871$260,360,711
86$424,008,149$81,359,631$49,089,937$285,008,914
87$467,158,752$85,248,025$50,636,222$312,092,145
88$514,707,623$89,323,857$52,231,214$341,855,357
89$567,103,287$93,596,212$53,876,446$374,568,332
90$624,840,017$98,074,621$55,573,501$410,528,213
91$688,462,497$102,769,076$57,324,012$450,062,282
92$758,570,967$107,690,056$59,129,662$493,531,027
93$835,826,888$112,848,551$60,992,188$541,331,526
94$920,959,187$118,256,086$62,913,382$593,901,164
95$1,014,771,135$123,924,745$64,895,091$651,721,738
96$1,118,147,936$129,867,203$66,939,222$715,323,979
97$1,232,065,080$136,096,751$69,047,741$785,292,533
98$1,357,597,554$142,627,328$71,222,676$862,271,449
99$1,495,929,989$149,473,550$73,466,119$946,970,228
100$1,648,367,842$156,650,749$75,780,229$1,040,170,489