Can I retire at age 54 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,059,702
2 years$564,154$553,647$543,464$533,591$524,015$483,441
3 years$372,367$361,815$351,657$341,877$332,457$293,314
4 years$276,492$265,972$255,917$246,303$237,111$199,698
5 years$218,982$208,525$198,602$189,185$180,248$144,662
6 years$180,655$170,277$160,500$151,292$142,624$108,890
7 years$153,289$142,998$133,376$124,386$115,992$84,101
8 years$132,774$122,576$113,113$104,344$96,226$66,150
9 years$116,826$106,724$97,425$88,878$81,036$52,733
10 years$104,075$94,072$84,937$76,614$69,047$42,467
11 years$93,649$83,747$74,777$66,677$59,383$34,468
12 years$84,967$75,167$66,363$58,485$51,460$28,148
13 years$77,627$67,929$59,291$51,633$44,874$23,099
14 years$71,341$61,745$53,273$45,834$39,336$19,030
15 years$65,897$56,405$48,098$40,876$34,635$15,728
16 years$61,139$51,751$43,608$36,600$30,610$13,033
17 years$56,945$47,661$39,682$32,885$27,141$10,822
18 years$53,221$44,041$36,224$29,636$24,133$9,001
19 years$49,893$40,816$33,162$26,779$21,510$7,498
20 years$46,902$37,929$30,434$24,253$19,213$6,253
21 years$44,199$35,329$27,994$22,011$17,194$5,220
22 years$41,745$32,978$25,800$20,013$15,412$4,361
23 years$39,507$30,844$23,822$18,226$13,834$3,646
24 years$37,460$28,899$22,031$16,624$12,435$3,050
25 years$35,579$27,120$20,405$15,182$11,189$2,553
26 years$33,845$25,489$18,925$13,881$10,079$2,137
27 years$32,243$23,988$17,574$12,706$9,087$1,790
28 years$30,757$22,603$16,337$11,641$8,199$1,499
29 years$29,377$21,324$15,203$10,675$7,404$1,256
30 years$28,091$20,138$14,161$9,797$6,690$1,053
31 years$26,890$19,037$13,202$8,998$6,048$883
32 years$25,767$18,013$12,318$8,269$5,471$740
33 years$24,714$17,059$11,501$7,604$4,951$620
34 years$23,725$16,168$10,746$6,997$4,483$520
35 years$22,794$15,335$10,047$6,441$4,060$436
36 years$21,918$14,555$9,398$5,932$3,679$366
37 years$21,090$13,824$8,797$5,465$3,334$307
38 years$20,308$13,138$8,238$5,038$3,023$257
39 years$19,568$12,493$7,718$4,645$2,741$216
40 years$18,867$11,886$7,234$4,284$2,486$181
41 years$18,201$11,314$6,783$3,953$2,256$152
42 years$17,569$10,775$6,363$3,648$2,047$127
43 years$16,968$10,266$5,971$3,367$1,858$107
44 years$16,396$9,786$5,604$3,109$1,686$90
45 years$15,851$9,332$5,262$2,872$1,531$75
46 years$15,331$8,902$4,943$2,652$1,390$63
47 years$14,835$8,496$4,643$2,451$1,262$53
48 years$14,361$8,110$4,364$2,264$1,146$44
49 years$13,908$7,745$4,101$2,093$1,041$37
50 years$13,474$7,398$3,856$1,934$945$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $13,800,000, adding $5,317 every year, while hoping to spend $47,368 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: 51/27/22 Blend
53$13,800,000$13,800,000$13,800,000$13,800,000
54$15,213,084$14,481,684$14,267,784$15,895,373
55$16,714,420$15,140,888$14,695,356$17,027,135
56$18,367,304$15,830,805$15,135,664$18,251,722
57$20,187,145$16,552,890$15,589,084$19,582,238
58$22,190,920$17,308,668$16,056,005$21,028,745
59$24,397,338$18,099,737$16,536,825$22,602,302
60$26,827,013$18,927,771$17,031,956$24,315,060
61$29,502,661$19,794,524$17,541,819$26,180,381
62$32,449,314$20,701,837$18,066,851$28,212,952
63$35,694,552$21,651,635$18,607,499$30,428,922
64$39,268,770$22,645,939$19,164,223$32,846,051
65$43,205,459$23,686,864$19,737,500$35,483,869
66$47,541,526$24,776,631$20,327,816$38,363,857
67$52,317,638$25,917,563$20,935,675$41,509,645
68$57,578,611$27,112,097$21,561,593$44,947,227
69$63,373,827$28,362,787$22,206,104$48,705,202
70$69,757,704$29,672,311$22,869,756$52,815,038
71$76,790,209$31,043,473$23,553,111$57,311,359
72$84,537,422$32,479,214$24,256,752$62,232,268
73$93,072,160$33,982,617$24,981,275$67,619,701
74$102,474,668$35,556,912$25,727,294$73,519,810
75$112,833,369$37,205,486$26,495,444$79,983,395
76$124,245,706$38,931,888$27,286,375$87,066,373
77$136,819,056$40,739,839$28,100,756$94,830,301
78$150,671,747$42,633,238$28,939,279$103,342,940
79$165,934,173$44,616,174$29,802,652$112,678,896
80$182,750,024$46,692,933$30,691,607$122,920,305
81$201,277,644$48,868,005$31,606,894$134,157,603
82$221,691,527$51,146,099$32,549,287$146,490,369
83$244,183,957$53,532,153$33,519,583$160,028,249
84$268,966,832$56,031,340$34,518,600$174,891,986
85$296,273,658$58,649,084$35,547,182$191,214,544
86$326,361,755$61,391,073$36,606,197$209,142,350
87$359,514,685$64,263,267$37,696,535$228,836,664
88$396,044,931$67,271,915$38,819,118$250,475,085
89$436,296,844$70,423,569$39,974,889$274,253,216
90$480,649,896$73,725,098$41,164,821$300,386,496
91$529,522,258$77,183,700$42,389,915$329,112,212
92$583,374,752$80,806,925$43,651,201$360,691,727
93$642,715,199$84,602,687$44,949,738$395,412,931
94$708,103,213$88,579,282$46,286,618$433,592,934
95$780,155,482$92,745,409$47,662,962$475,581,049
96$859,551,594$97,110,187$49,079,924$521,762,061
97$947,040,448$101,683,177$50,538,692$572,559,846
98$1,043,447,324$106,474,403$52,040,489$628,441,345
99$1,149,681,677$111,494,375$53,586,571$689,920,953
100$1,266,745,720$116,754,111$55,178,233$757,565,349