Can I retire at age 53 with 14,100,000?

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,115,865
2 years$576,418$565,683$555,279$545,191$535,407$526,849
3 years$380,462$369,680$359,302$349,309$339,684$331,321
4 years$282,503$271,754$261,480$251,658$242,265$234,163
5 years$223,742$213,058$202,919$193,297$184,166$176,348
6 years$184,582$173,978$163,989$154,581$145,725$138,199
7 years$156,621$146,107$136,275$127,090$118,513$111,285
8 years$135,660$125,240$115,572$106,613$98,318$91,387
9 years$119,365$109,044$99,543$90,810$82,798$76,163
10 years$106,337$96,117$86,783$78,279$70,548$64,204
11 years$95,685$85,567$76,403$68,126$60,674$54,617
12 years$86,815$76,801$67,805$59,756$52,579$46,803
13 years$79,315$69,405$60,580$52,756$45,849$40,350
14 years$72,892$63,088$54,431$46,831$40,191$34,960
15 years$67,330$57,632$49,144$41,765$35,388$30,418
16 years$62,468$52,876$44,556$37,396$31,276$26,560
17 years$58,183$48,697$40,544$33,600$27,731$23,261
18 years$54,378$44,998$37,012$30,280$24,657$20,425
19 years$50,978$41,704$33,883$27,361$21,978$17,975
20 years$47,921$38,753$31,096$24,780$19,631$15,850
21 years$45,160$36,097$28,602$22,490$17,567$13,999
22 years$42,652$33,695$26,361$20,448$15,747$12,382
23 years$40,366$31,514$24,340$18,623$14,135$10,967
24 years$38,274$29,527$22,510$16,985$12,705$9,724
25 years$36,352$27,710$20,849$15,512$11,433$8,630
26 years$34,581$26,043$19,336$14,183$10,298$7,666
27 years$32,943$24,509$17,956$12,982$9,285$6,815
28 years$31,426$23,095$16,692$11,894$8,378$6,063
29 years$30,015$21,787$15,533$10,907$7,565$5,397
30 years$28,702$20,576$14,469$10,010$6,835$4,806
31 years$27,475$19,451$13,489$9,194$6,180$4,283
32 years$26,327$18,405$12,585$8,449$5,590$3,817
33 years$25,251$17,429$11,751$7,770$5,059$3,404
34 years$24,241$16,519$10,979$7,149$4,580$3,037
35 years$23,290$15,668$10,265$6,581$4,149$2,709
36 years$22,394$14,871$9,603$6,061$3,759$2,418
37 years$21,549$14,124$8,988$5,584$3,407$2,159
38 years$20,750$13,423$8,417$5,147$3,089$1,928
39 years$19,993$12,764$7,886$4,746$2,801$1,721
40 years$19,277$12,144$7,391$4,377$2,540$1,538
41 years$18,597$11,560$6,931$4,039$2,305$1,374
42 years$17,951$11,009$6,501$3,727$2,091$1,227
43 years$17,337$10,490$6,100$3,441$1,898$1,097
44 years$16,753$9,999$5,726$3,177$1,723$980
45 years$16,196$9,535$5,377$2,934$1,564$876
46 years$15,665$9,096$5,050$2,710$1,420$783
47 years$15,158$8,680$4,744$2,504$1,289$700
48 years$14,673$8,286$4,458$2,314$1,171$626
49 years$14,210$7,913$4,191$2,138$1,064$559
50 years$13,767$7,559$3,940$1,976$966$500

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $14,100,000, adding $4,391 every year, while hoping to spend $58,547 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: 46/24/30 Blend
52$14,100,000$14,100,000$14,100,000$14,100,000
53$15,542,729$14,795,429$14,576,879$16,123,068
54$17,065,794$15,458,112$15,002,911$17,198,661
55$18,742,249$16,151,303$15,441,253$18,359,050
56$20,587,679$16,876,437$15,892,255$19,617,067
57$22,619,255$17,635,015$16,356,278$20,981,907
58$24,855,897$18,428,610$16,833,692$22,463,671
59$27,318,456$19,258,869$17,324,878$24,073,463
60$30,029,904$20,127,519$17,830,227$25,823,483
61$33,015,557$21,036,370$18,350,142$27,727,144
62$36,303,308$21,987,317$18,885,036$29,799,193
63$39,923,895$22,982,345$19,435,335$32,055,842
64$43,911,188$24,023,535$20,001,474$34,514,920
65$48,302,509$25,113,068$20,583,903$37,196,035
66$53,138,984$26,253,228$21,183,083$40,120,754
67$58,465,934$27,446,409$21,799,489$43,312,798
68$64,333,295$28,695,119$22,433,608$46,798,267
69$70,796,098$30,001,987$23,085,941$50,605,872
70$77,914,982$31,369,766$23,757,002$54,767,206
71$85,756,769$32,801,344$24,447,321$59,317,034
72$94,395,095$34,299,745$25,157,441$64,293,612
73$103,911,100$35,868,138$25,887,921$69,739,045
74$114,394,200$37,509,845$26,639,334$75,699,673
75$125,942,928$39,228,347$27,412,272$82,226,504
76$138,665,863$41,027,291$28,207,339$89,375,686
77$152,682,654$42,910,502$29,025,158$97,209,027
78$168,125,154$44,881,986$29,866,370$105,794,573
79$185,138,659$46,945,942$30,731,632$115,207,238
80$203,883,280$49,106,771$31,621,620$125,529,505
81$224,535,457$51,369,086$32,537,027$136,852,192
82$247,289,623$53,737,721$33,478,567$149,275,297
83$272,360,038$56,217,742$34,446,972$162,908,938
84$299,982,812$58,814,461$35,442,996$177,874,373
85$330,418,133$61,533,445$36,467,410$194,305,139
86$363,952,725$64,380,526$37,521,011$212,348,297
87$400,902,552$67,361,820$38,604,613$232,165,808
88$441,615,800$70,483,737$39,719,055$253,936,050
89$486,476,166$73,752,995$40,865,199$277,855,484
90$535,906,481$77,176,637$42,043,929$304,140,500
91$590,372,694$80,762,045$43,256,152$333,029,437
92$650,388,279$84,516,955$44,502,804$364,784,823
93$716,519,078$88,449,480$45,784,842$399,695,833
94$789,388,640$92,568,121$47,103,250$438,081,006
95$869,684,113$96,881,791$48,459,041$480,291,226
96$958,162,726$101,399,832$49,853,253$526,713,023
97$1,055,658,939$106,132,039$51,286,952$577,772,198
98$1,163,092,320$111,088,678$52,761,233$633,937,823
99$1,281,476,225$116,280,511$54,277,223$695,726,649
100$1,411,927,365$121,718,821$55,836,075$763,707,956