Can I retire at age 54 with 17,800,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $17,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,372,862
2 years$727,677$714,125$700,990$688,256$675,903$629,465
3 years$480,299$466,688$453,587$440,972$428,821$383,936
4 years$356,634$343,065$330,095$317,696$305,839$262,851
5 years$282,455$268,967$256,167$244,021$232,494$191,518
6 years$233,018$219,632$207,021$195,145$183,964$145,034
7 years$197,720$184,447$172,036$160,440$149,612$112,723
8 years$171,259$158,105$145,900$134,589$124,118$89,242
9 years$150,688$137,659$125,664$114,640$104,525$71,623
10 years$134,242$121,339$109,556$98,821$89,061$58,080
11 years$120,794$108,021$96,452$86,004$76,595$47,478
12 years$109,596$96,954$85,598$75,437$66,376$39,058
13 years$100,128$87,618$76,477$66,599$57,881$32,294
14 years$92,019$79,643$68,715$59,119$50,738$26,811
15 years$84,998$72,755$62,040$52,724$44,674$22,332
16 years$78,861$66,751$56,248$47,209$39,483$18,653
17 years$73,451$61,475$51,184$42,417$35,008$15,614
18 years$68,648$56,806$46,724$38,226$31,128$13,095
19 years$64,355$52,647$42,774$34,540$27,745$10,999
20 years$60,497$48,922$39,256$31,283$24,782$9,251
21 years$57,010$45,569$36,108$28,391$22,177$7,789
22 years$53,845$42,537$33,279$25,814$19,879$6,563
23 years$50,959$39,784$30,727$23,510$17,844$5,535
24 years$48,317$37,275$28,417$21,442$16,039$4,671
25 years$45,891$34,981$26,320$19,582$14,433$3,944
26 years$43,655$32,876$24,411$17,905$13,000$3,331
27 years$41,588$30,941$22,667$16,389$11,721$2,815
28 years$39,672$29,155$21,072$15,016$10,576$2,379
29 years$37,892$27,505$19,610$13,770$9,550$2,012
30 years$36,233$25,975$18,266$12,637$8,629$1,701
31 years$34,684$24,555$17,028$11,606$7,801$1,439
32 years$33,235$23,234$15,888$10,666$7,057$1,217
33 years$31,877$22,003$14,835$9,809$6,386$1,030
34 years$30,602$20,854$13,861$9,025$5,782$872
35 years$29,401$19,780$12,959$8,308$5,237$738
36 years$28,271$18,774$12,122$7,651$4,745$624
37 years$27,203$17,831$11,346$7,050$4,301$528
38 years$26,195$16,946$10,625$6,498$3,899$447
39 years$25,240$16,114$9,955$5,991$3,536$379
40 years$24,335$15,331$9,331$5,526$3,207$321
41 years$23,477$14,593$8,749$5,099$2,909$271
42 years$22,662$13,898$8,207$4,705$2,640$230
43 years$21,887$13,242$7,701$4,344$2,396$194
44 years$21,149$12,623$7,229$4,011$2,175$165
45 years$20,446$12,037$6,788$3,704$1,974$139
46 years$19,775$11,483$6,375$3,421$1,793$118
47 years$19,135$10,958$5,989$3,161$1,628$100
48 years$18,524$10,461$5,628$2,921$1,478$85
49 years$17,939$9,990$5,290$2,699$1,343$72
50 years$17,379$9,542$4,974$2,495$1,220$61

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $17,800,000, adding $3,465 every year, while hoping to spend $40,433 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: 68/25/7 Blend
53$17,800,000$17,800,000$17,800,000$17,800,000
54$19,619,174$18,675,774$18,399,874$20,930,385
55$21,577,310$19,547,867$18,973,250$22,671,832
56$23,733,820$20,461,337$19,564,478$24,570,278
57$26,108,896$21,418,169$20,174,114$26,645,216
58$28,724,788$22,420,444$20,802,732$28,913,906
59$31,606,014$23,470,343$21,450,921$31,395,336
60$34,779,591$24,570,153$22,119,290$34,110,394
61$38,275,290$25,722,272$22,808,467$37,082,066
62$42,125,918$26,929,211$23,519,100$40,335,640
63$46,367,626$28,193,608$24,251,854$43,898,947
64$51,040,252$29,518,223$25,007,420$47,802,614
65$56,187,695$30,905,952$25,786,505$52,080,347
66$61,858,328$32,359,833$26,589,842$56,769,245
67$68,105,460$33,883,047$27,418,184$61,910,146
68$74,987,834$35,478,933$28,272,310$67,547,999
69$82,570,181$37,150,989$29,153,020$73,732,289
70$90,923,836$38,902,884$30,061,143$80,517,492
71$100,127,406$40,738,464$30,997,530$87,963,584
72$110,267,515$42,661,761$31,963,060$96,136,599
73$121,439,618$44,677,005$32,958,639$105,109,241
74$133,748,908$46,788,626$33,985,202$114,961,569
75$147,311,302$49,001,275$35,043,712$125,781,735
76$162,254,541$51,319,823$36,135,163$137,666,812
77$178,719,390$53,749,381$37,260,577$150,723,700
78$196,860,974$56,295,306$38,421,012$165,070,122
79$216,850,233$58,963,217$39,617,556$180,835,729
80$238,875,544$61,759,002$40,851,332$198,163,308
81$263,144,495$64,688,838$42,123,496$217,210,120
82$289,885,843$67,759,200$43,435,243$238,149,373
83$319,351,678$70,976,880$44,787,803$261,171,841
84$351,819,799$74,348,997$46,182,444$286,487,656
85$387,596,337$77,883,016$47,620,474$314,328,273
86$427,018,645$81,586,766$49,103,242$344,948,642
87$470,458,485$85,468,456$50,632,139$378,629,599
88$518,325,533$89,536,692$52,208,598$415,680,501
89$571,071,248$93,800,501$53,834,097$456,442,127
90$629,193,137$98,269,347$55,510,160$501,289,882
91$693,239,445$102,953,154$57,238,359$550,637,315
92$763,814,338$107,862,328$59,020,314$604,940,011
93$841,583,602$113,007,783$60,857,695$664,699,865
94$927,280,926$118,400,961$62,752,225$730,469,803
95$1,021,714,835$124,053,863$64,705,679$802,858,974
96$1,125,776,317$129,979,071$66,719,888$882,538,484
97$1,240,447,237$136,189,781$68,796,740$970,247,699
98$1,366,809,606$142,699,831$70,938,182$1,066,801,206
99$1,506,055,794$149,523,731$73,146,219$1,173,096,469
100$1,659,499,789$156,676,698$75,422,922$1,290,122,280