Can I retire at age 54 with 3,900,000?

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 $3,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$322,058$319,190$316,391$313,659$310,991$305,588
2 years$159,435$156,466$153,588$150,798$148,091$142,665
3 years$105,234$102,252$99,381$96,617$93,955$88,675
4 years$78,139$75,166$72,324$69,607$67,010$61,916
5 years$61,886$58,931$56,127$53,465$50,940$46,048
6 years$51,055$48,122$45,359$42,757$40,307$35,622
7 years$43,321$40,412$37,693$35,153$32,780$28,303
8 years$37,523$34,641$31,967$29,489$27,194$22,925
9 years$33,016$30,161$27,533$25,118$22,902$18,837
10 years$29,412$26,586$24,004$21,652$19,513$15,650
11 years$26,466$23,668$21,133$18,843$16,782$13,116
12 years$24,013$21,243$18,755$16,528$14,543$11,069
13 years$21,938$19,197$16,756$14,592$12,682$9,395
14 years$20,161$17,450$15,055$12,953$11,117$8,011
15 years$18,623$15,941$13,593$11,552$9,788$6,857
16 years$17,278$14,625$12,324$10,343$8,651$5,889
17 years$16,093$13,469$11,214$9,294$7,670$5,071
18 years$15,041$12,446$10,237$8,375$6,820$4,377
19 years$14,100$11,535$9,372$7,568$6,079$3,785
20 years$13,255$10,719$8,601$6,854$5,430$3,279
21 years$12,491$9,984$7,911$6,221$4,859$2,845
22 years$11,797$9,320$7,291$5,656$4,355$2,471
23 years$11,165$8,717$6,732$5,151$3,910$2,148
24 years$10,586$8,167$6,226$4,698$3,514$1,870
25 years$10,055$7,664$5,767$4,290$3,162$1,628
26 years$9,565$7,203$5,348$3,923$2,848$1,419
27 years$9,112$6,779$4,966$3,591$2,568$1,238
28 years$8,692$6,388$4,617$3,290$2,317$1,080
29 years$8,302$6,026$4,296$3,017$2,092$943
30 years$7,939$5,691$4,002$2,769$1,891$823
31 years$7,599$5,380$3,731$2,543$1,709$719
32 years$7,282$5,091$3,481$2,337$1,546$629
33 years$6,984$4,821$3,250$2,149$1,399$549
34 years$6,705$4,569$3,037$1,977$1,267$480
35 years$6,442$4,334$2,839$1,820$1,147$420
36 years$6,194$4,113$2,656$1,676$1,040$367
37 years$5,960$3,907$2,486$1,545$942$321
38 years$5,739$3,713$2,328$1,424$854$281
39 years$5,530$3,531$2,181$1,313$775$246
40 years$5,332$3,359$2,044$1,211$703$215
41 years$5,144$3,197$1,917$1,117$637$188
42 years$4,965$3,045$1,798$1,031$578$165
43 years$4,795$2,901$1,687$952$525$144
44 years$4,634$2,766$1,584$879$477$126
45 years$4,480$2,637$1,487$812$433$111
46 years$4,333$2,516$1,397$750$393$97
47 years$4,193$2,401$1,312$693$357$85
48 years$4,059$2,292$1,233$640$324$74
49 years$3,930$2,189$1,159$591$294$65
50 years$3,808$2,091$1,090$547$267$57

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $3,900,000, adding $2,511 every year, while hoping to spend $50,650 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: 53/27/20 Blend
53$3,900,000$3,900,000$3,900,000$3,900,000
54$4,300,390$4,093,690$4,033,240$4,504,621
55$4,685,139$4,240,390$4,114,462$4,791,854
56$5,107,434$4,392,580$4,196,708$5,098,731
57$5,571,052$4,550,477$4,279,958$5,431,570
58$6,080,154$4,714,304$4,364,191$5,792,861
59$6,639,320$4,884,296$4,449,382$6,185,342
60$7,253,600$5,060,695$4,535,505$6,612,024
61$7,928,554$5,243,756$4,622,531$7,076,221
62$8,670,309$5,433,742$4,710,428$7,581,579
63$9,485,613$5,630,928$4,799,160$8,132,112
64$10,381,903$5,835,601$4,888,689$8,732,235
65$11,367,370$6,048,058$4,978,974$9,386,809
66$12,451,040$6,268,612$5,069,967$10,101,184
67$13,642,856$6,497,584$5,161,622$10,881,250
68$14,953,775$6,735,313$5,253,884$11,733,490
69$16,395,867$6,982,150$5,346,696$12,665,042
70$17,982,432$7,238,462$5,439,996$13,683,765
71$19,728,123$7,504,630$5,533,719$14,798,313
72$21,649,086$7,781,052$5,627,794$16,018,213
73$23,763,112$8,068,142$5,722,144$17,353,959
74$26,089,802$8,366,333$5,816,688$18,817,103
75$28,650,753$8,676,075$5,911,339$20,420,372
76$31,469,766$8,997,839$6,006,004$22,177,778
77$34,573,061$9,332,112$6,100,585$24,104,756
78$37,989,534$9,679,406$6,194,975$26,218,304
79$41,751,023$10,040,254$6,289,063$28,537,147
80$45,892,611$10,415,209$6,382,730$31,081,906
81$50,452,954$10,804,852$6,475,848$33,875,299
82$55,474,650$11,209,784$6,568,284$36,942,348
83$61,004,637$11,630,637$6,659,895$40,310,616
84$67,094,638$12,068,065$6,750,529$44,010,468
85$73,801,646$12,522,755$6,840,026$48,075,353
86$81,188,464$12,995,421$6,928,217$52,542,119
87$89,324,298$13,486,807$7,014,923$57,451,359
88$98,285,407$13,997,691$7,099,953$62,847,797
89$108,155,825$14,528,884$7,183,108$68,780,701
90$119,028,152$15,081,233$7,264,176$75,304,352
91$131,004,431$15,655,621$7,342,934$82,478,552
92$144,197,106$16,252,969$7,419,145$90,369,189
93$158,730,086$16,874,240$7,492,561$99,048,855
94$174,739,913$17,520,436$7,562,920$108,597,528
95$192,377,052$18,192,605$7,629,946$119,103,329
96$211,807,310$18,891,841$7,693,348$130,663,350
97$233,213,400$19,619,286$7,752,819$143,384,565
98$256,796,666$20,376,130$7,808,038$157,384,844
99$282,778,983$21,163,618$7,858,664$172,794,058
100$311,404,852$21,983,048$7,904,343$189,755,304