Can I retire at age 54 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,071,276
2 years$560,066$549,635$539,526$529,725$520,218$498,964
3 years$369,668$359,193$349,109$339,400$330,048$309,384
4 years$274,488$264,045$254,062$244,518$235,393$215,479
5 years$217,395$207,014$197,163$187,814$178,942$159,834
6 years$179,346$169,043$159,337$150,196$141,591$123,310
7 years$152,178$141,962$132,410$123,484$115,151$97,701
8 years$131,811$121,687$112,294$103,588$95,529$78,906
9 years$115,979$105,951$96,719$88,234$80,449$64,642
10 years$103,321$93,390$84,321$76,059$68,547$53,541
11 years$92,971$83,140$74,235$66,194$58,952$44,730
12 years$84,352$74,622$65,882$58,061$51,087$37,628
13 years$77,065$67,437$58,861$51,259$44,549$31,831
14 years$70,824$61,298$52,887$45,502$39,051$27,050
15 years$65,420$55,997$47,750$40,580$34,384$23,076
16 years$60,696$51,376$43,292$36,335$30,388$19,747
17 years$56,533$47,315$39,394$32,647$26,945$16,944
18 years$52,836$43,721$35,962$29,421$23,958$14,572
19 years$49,532$40,521$32,921$26,584$21,354$12,555
20 years$46,562$37,654$30,214$24,077$19,074$10,836
21 years$43,878$35,073$27,791$21,852$17,069$9,364
22 years$41,442$32,739$25,613$19,868$15,300$8,102
23 years$39,221$30,620$23,649$18,094$13,734$7,018
24 years$37,188$28,689$21,872$16,503$12,345$6,084
25 years$35,321$26,924$20,258$15,072$11,108$5,278
26 years$33,600$25,304$18,788$13,781$10,006$4,582
27 years$32,009$23,814$17,446$12,614$9,021$3,980
28 years$30,534$22,440$16,219$11,557$8,140$3,458
29 years$29,164$21,169$15,093$10,598$7,350$3,007
30 years$27,887$19,992$14,058$9,726$6,641$2,615
31 years$26,695$18,899$13,106$8,933$6,004$2,275
32 years$25,580$17,882$12,228$8,210$5,431$1,980
33 years$24,535$16,935$11,418$7,549$4,915$1,723
34 years$23,553$16,051$10,668$6,946$4,450$1,500
35 years$22,629$15,224$9,974$6,394$4,031$1,306
36 years$21,759$14,449$9,330$5,889$3,652$1,138
37 years$20,937$13,724$8,733$5,426$3,310$991
38 years$20,161$13,042$8,178$5,001$3,001$863
39 years$19,426$12,402$7,662$4,611$2,721$752
40 years$18,730$11,800$7,182$4,253$2,468$655
41 years$18,070$11,232$6,734$3,924$2,239$571
42 years$17,442$10,697$6,317$3,622$2,032$498
43 years$16,845$10,192$5,927$3,343$1,844$434
44 years$16,278$9,715$5,564$3,087$1,674$378
45 years$15,736$9,264$5,224$2,851$1,520$329
46 years$15,220$8,838$4,907$2,633$1,380$287
47 years$14,728$8,434$4,610$2,433$1,253$250
48 years$14,257$8,051$4,332$2,248$1,138$218
49 years$13,807$7,689$4,072$2,078$1,033$190
50 years$13,376$7,344$3,828$1,920$939$166

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $13,700,000, adding $5,193 every year, while hoping to spend $57,189 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: 49/44/7 Blend
53$13,700,000$13,700,000$13,700,000$13,700,000
54$15,102,757$14,376,657$14,164,307$15,815,197
55$16,582,389$15,020,264$14,577,962$16,946,050
56$18,211,027$15,693,492$15,003,559$18,167,148
57$20,003,810$16,397,730$15,441,435$19,492,088
58$21,977,416$17,134,437$15,891,941$20,930,573
59$24,150,227$17,905,139$16,355,436$22,493,259
60$26,542,495$18,711,435$16,832,288$24,191,848
61$29,176,536$19,555,002$17,322,876$26,039,191
62$32,076,940$20,437,595$17,827,590$28,049,405
63$35,270,804$21,361,053$18,346,830$30,238,000
64$38,787,986$22,327,304$18,881,008$32,622,017
65$42,661,386$23,338,368$19,430,548$35,220,186
66$46,927,260$24,396,360$19,995,883$38,053,092
67$51,625,556$25,503,498$20,577,462$41,143,362
68$56,800,298$26,662,104$21,175,742$44,515,873
69$62,499,995$27,874,614$21,791,195$48,197,979
70$68,778,102$29,143,578$22,424,308$52,219,755
71$75,693,524$30,471,669$23,075,578$56,614,280
72$83,311,171$31,861,688$23,745,517$61,417,933
73$91,702,570$33,316,570$24,434,652$66,670,732
74$100,946,543$34,839,392$25,143,523$72,416,697
75$111,129,945$36,433,378$25,872,686$78,704,257
76$122,348,490$38,101,904$26,622,712$85,586,696
77$134,707,651$39,848,512$27,394,187$93,122,644
78$148,323,654$41,676,911$28,187,715$101,376,617
79$163,324,577$43,590,991$29,003,914$110,419,615
80$179,851,560$45,594,825$29,843,421$120,329,777
81$198,060,133$47,692,686$30,706,890$131,193,106
82$218,121,688$49,889,048$31,594,992$143,104,264
83$240,225,093$52,188,604$32,508,417$156,167,453
84$264,578,477$54,596,271$33,447,874$170,497,379
85$291,411,195$57,117,202$34,414,091$186,220,320
86$320,975,991$59,756,798$35,407,817$203,475,300
87$353,551,382$62,520,722$36,429,819$222,415,384
88$389,444,293$65,414,907$37,480,887$243,209,099
89$428,992,946$68,445,572$38,561,832$266,042,010
90$472,570,060$71,619,239$39,673,487$291,118,447
91$520,586,364$74,942,740$40,816,707$318,663,412
92$573,494,478$78,423,238$41,992,371$348,924,679
93$631,793,180$82,068,243$43,201,381$382,175,113
94$696,032,122$85,885,624$44,444,665$418,715,213
95$766,817,010$89,883,632$45,723,173$458,875,926
96$844,815,331$94,070,915$47,037,885$503,021,744
97$930,762,643$98,456,539$48,389,803$551,554,112
98$1,025,469,531$103,050,007$49,779,959$604,915,190
99$1,129,829,248$107,861,282$51,209,412$663,591,993
100$1,244,826,153$112,900,807$52,679,250$728,120,954