Can I retire at age 53 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,043,721
2 years$551,890$541,611$531,650$521,992$512,623$479,872
3 years$364,272$353,949$344,013$334,445$325,229$293,541
4 years$270,481$260,190$250,353$240,949$231,956$201,574
5 years$214,222$203,992$194,284$185,072$176,329$147,335
6 years$176,727$166,575$157,011$148,003$139,524$111,943
7 years$149,956$139,889$130,477$121,682$113,470$87,302
8 years$129,887$119,911$110,654$102,076$94,134$69,362
9 years$114,286$104,404$95,307$86,946$79,275$55,871
10 years$101,812$92,027$83,091$74,948$67,546$45,478
11 years$91,613$81,926$73,152$65,227$58,092$37,321
12 years$83,120$73,533$64,920$57,213$50,341$30,824
13 years$75,940$66,452$58,002$50,511$43,898$25,590
14 years$69,790$60,403$52,115$44,838$38,481$21,334
15 years$64,465$55,179$47,053$39,987$33,882$17,846
16 years$59,810$50,626$42,660$35,804$29,945$14,970
17 years$55,707$46,625$38,819$32,170$26,551$12,587
18 years$52,064$43,083$35,437$28,992$23,608$10,603
19 years$48,809$39,929$32,441$26,196$21,042$8,947
20 years$45,882$37,104$29,772$23,726$18,795$7,559
21 years$43,238$34,561$27,385$21,533$16,820$6,394
22 years$40,837$32,261$25,239$19,578$15,077$5,413
23 years$38,649$30,173$23,304$17,830$13,534$4,587
24 years$36,645$28,271$21,552$16,262$12,164$3,889
25 years$34,805$26,531$19,962$14,852$10,946$3,300
26 years$33,109$24,934$18,514$13,580$9,860$2,801
27 years$31,542$23,466$17,192$12,430$8,889$2,378
28 years$30,089$22,112$15,982$11,388$8,021$2,020
29 years$28,738$20,860$14,872$10,443$7,243$1,716
30 years$27,480$19,700$13,853$9,584$6,544$1,459
31 years$26,306$18,623$12,915$8,802$5,917$1,240
32 years$25,207$17,621$12,050$8,090$5,352$1,054
33 years$24,177$16,688$11,251$7,439$4,844$896
34 years$23,209$15,816$10,512$6,845$4,385$762
35 years$22,299$15,001$9,828$6,301$3,972$648
36 years$21,441$14,239$9,194$5,803$3,599$552
37 years$20,632$13,523$8,605$5,347$3,262$469
38 years$19,867$12,852$8,059$4,928$2,957$399
39 years$19,143$12,221$7,550$4,544$2,682$340
40 years$18,457$11,627$7,077$4,191$2,432$289
41 years$17,806$11,068$6,636$3,867$2,207$246
42 years$17,187$10,541$6,224$3,569$2,002$209
43 years$16,600$10,043$5,841$3,294$1,817$178
44 years$16,040$9,573$5,483$3,042$1,649$151
45 years$15,507$9,129$5,148$2,809$1,497$129
46 years$14,998$8,709$4,835$2,595$1,360$110
47 years$14,513$8,311$4,543$2,397$1,235$93
48 years$14,049$7,934$4,269$2,215$1,121$79
49 years$13,605$7,576$4,012$2,047$1,018$68
50 years$13,181$7,237$3,772$1,892$925$58

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $13,500,000, adding $4,091 every year, while hoping to spend $47,402 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: 42/32/26 Blend
52$13,500,000$13,500,000$13,500,000$13,500,000
53$14,881,220$14,165,720$13,956,470$15,392,732
54$16,348,669$14,809,405$14,373,576$16,403,753
55$17,964,209$15,483,042$14,803,067$17,493,132
56$19,742,896$16,188,048$15,245,307$18,671,980
57$21,701,318$16,925,909$15,700,671$19,948,576
58$23,857,755$17,698,182$16,169,547$21,332,007
59$26,232,351$18,506,497$16,652,332$22,832,250
60$28,847,300$19,352,565$17,149,434$24,460,262
61$31,727,061$20,238,176$17,661,276$26,228,078
62$34,898,583$21,165,209$18,188,290$28,148,918
63$38,391,564$22,135,630$18,730,924$30,237,309
64$42,238,729$23,151,501$19,289,635$32,509,211
65$46,476,138$24,214,984$19,864,897$34,982,167
66$51,143,529$25,328,342$20,457,196$37,675,461
67$56,284,688$26,493,951$21,067,031$40,610,291
68$61,947,868$27,714,296$21,694,919$43,809,962
69$68,186,240$28,991,986$22,341,388$47,300,103
70$75,058,396$30,329,753$23,006,984$51,108,895
71$82,628,902$31,730,460$23,692,268$55,267,336
72$90,968,908$33,197,111$24,397,817$59,809,519
73$100,156,819$34,732,852$25,124,226$64,772,949
74$110,279,032$36,340,979$25,872,105$70,198,886
75$121,430,758$38,024,951$26,642,084$76,132,725
76$133,716,911$39,788,390$27,434,811$82,624,419
77$147,253,110$41,635,095$28,250,950$89,728,931
78$162,166,758$43,569,046$29,091,189$97,506,751
79$178,598,255$45,594,416$29,956,230$106,024,451
80$196,702,314$47,715,580$30,846,801$115,355,303
81$216,649,429$49,937,122$31,763,648$125,579,958
82$238,627,479$52,263,849$32,707,539$136,787,195
83$262,843,504$54,700,800$33,679,264$149,074,742
84$289,525,659$57,253,257$34,679,636$162,550,192
85$318,925,365$59,926,755$35,709,493$177,331,996
86$351,319,686$62,727,100$36,769,695$193,550,569
87$387,013,942$65,660,376$37,861,127$211,349,507
88$426,344,590$68,732,961$38,984,701$230,886,923
89$469,682,405$71,951,542$40,141,355$252,336,921
90$517,435,972$75,323,129$41,332,053$275,891,225
91$570,055,551$78,855,073$42,557,786$301,760,967
92$628,037,322$82,555,076$43,819,577$330,178,659
93$691,928,071$86,431,217$45,118,475$361,400,371
94$762,330,351$90,491,964$46,455,561$395,708,120
95$839,908,171$94,746,194$47,831,946$433,412,515
96$925,393,262$99,203,215$49,248,774$474,855,665
97$1,019,591,988$103,872,786$50,707,221$520,414,377
98$1,123,392,955$108,765,137$52,208,497$570,503,694
99$1,237,775,402$113,890,994$53,753,848$625,580,783
100$1,363,818,445$119,261,604$55,344,553$686,149,221