Can I retire at age 54 with 13,900,000?

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,075,510
2 years$568,242$557,659$547,403$537,458$527,812$494,943
3 years$375,065$364,436$354,206$344,355$334,866$303,052
4 years$278,495$267,899$257,771$248,088$238,829$208,315
5 years$220,569$210,036$200,041$190,555$181,554$152,423
6 years$181,964$171,510$161,663$152,389$143,658$115,936
7 years$154,399$144,034$134,343$125,287$116,832$90,519
8 years$133,736$123,464$113,933$105,100$96,923$72,002
9 years$117,672$107,498$98,131$89,522$81,624$58,069
10 years$104,829$94,754$85,552$77,169$69,547$47,326
11 years$94,328$84,354$75,319$67,160$59,813$38,887
12 years$85,583$75,711$66,844$58,908$51,833$32,161
13 years$78,190$68,421$59,720$52,007$45,199$26,736
14 years$71,858$62,193$53,659$46,166$39,621$22,320
15 years$66,375$56,814$48,447$41,172$34,886$18,697
16 years$61,582$52,126$43,924$36,865$30,832$15,707
17 years$57,358$48,006$39,969$33,123$27,338$13,226
18 years$53,607$44,360$36,487$29,851$24,308$11,158
19 years$50,255$41,112$33,402$26,973$21,666$9,429
20 years$47,242$38,203$30,655$24,429$19,352$7,979
21 years$44,519$35,585$28,196$22,171$17,318$6,759
22 years$42,047$33,217$25,987$20,158$15,523$5,732
23 years$39,794$31,067$23,995$18,359$13,935$4,864
24 years$37,731$29,108$22,191$16,744$12,525$4,131
25 years$35,836$27,317$20,553$15,292$11,270$3,510
26 years$34,090$25,673$19,062$13,982$10,152$2,984
27 years$32,476$24,161$17,701$12,798$9,153$2,538
28 years$30,980$22,767$16,455$11,726$8,259$2,159
29 years$29,590$21,478$15,313$10,753$7,457$1,838
30 years$28,294$20,284$14,264$9,868$6,738$1,564
31 years$27,085$19,175$13,297$9,063$6,092$1,332
32 years$25,954$18,144$12,407$8,329$5,511$1,134
33 years$24,893$17,182$11,584$7,660$4,987$966
34 years$23,897$16,285$10,824$7,047$4,515$823
35 years$22,960$15,446$10,119$6,488$4,090$701
36 years$22,076$14,660$9,466$5,975$3,705$597
37 years$21,243$13,924$8,860$5,505$3,358$509
38 years$20,455$13,233$8,297$5,074$3,045$434
39 years$19,710$12,583$7,774$4,679$2,761$370
40 years$19,003$11,972$7,286$4,315$2,504$315
41 years$18,333$11,396$6,832$3,981$2,272$269
42 years$17,697$10,853$6,409$3,674$2,062$229
43 years$17,091$10,341$6,014$3,392$1,871$195
44 years$16,515$9,857$5,645$3,132$1,698$166
45 years$15,966$9,400$5,301$2,892$1,542$142
46 years$15,442$8,967$4,978$2,672$1,400$121
47 years$14,943$8,557$4,677$2,468$1,271$103
48 years$14,465$8,169$4,395$2,281$1,154$88
49 years$14,008$7,801$4,131$2,108$1,048$75
50 years$13,571$7,452$3,884$1,948$952$64

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $13,900,000, adding $4,363 every year, while hoping to spend $42,136 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: 39/43/18 Blend
53$13,900,000$13,900,000$13,900,000$13,900,000
54$15,322,300$14,585,600$14,370,150$15,837,323
55$16,840,343$15,255,462$14,806,718$16,876,416
56$18,511,813$15,956,736$15,256,499$17,994,871
57$20,352,317$16,690,914$15,719,890$19,203,351
58$22,379,049$17,459,565$16,197,302$20,510,029
59$24,610,958$18,264,330$16,689,158$21,923,868
60$27,068,923$19,106,930$17,195,892$23,454,698
61$29,775,952$19,989,168$17,717,953$25,113,305
62$32,757,396$20,912,934$18,255,802$26,911,523
63$36,041,193$21,880,210$18,809,914$28,862,342
64$39,658,128$22,893,074$19,380,779$30,980,019
65$43,642,123$23,953,700$19,968,901$33,280,210
66$48,030,559$25,064,371$20,574,799$35,780,107
67$52,864,630$26,227,479$21,199,008$38,498,592
68$58,189,727$27,445,530$21,842,080$41,456,406
69$64,055,871$28,721,153$22,504,581$44,676,338
70$70,518,181$30,057,100$23,187,095$48,183,430
71$77,637,397$31,456,261$23,890,226$52,005,200
72$85,480,455$32,921,660$24,614,591$56,171,896
73$94,121,111$34,456,472$25,360,830$60,716,767
74$103,640,647$36,064,021$26,129,600$65,676,370
75$114,128,629$37,747,795$26,921,578$71,090,897
76$125,683,760$39,511,447$27,737,461$77,004,546
77$138,414,805$41,358,810$28,577,968$83,465,925
78$152,441,623$43,293,899$29,443,838$90,528,496
79$167,896,295$45,320,926$30,335,832$98,251,066
80$184,924,370$47,444,304$31,254,735$106,698,327
81$203,686,242$49,668,662$32,201,356$115,941,450
82$224,358,662$51,998,850$33,176,525$126,058,743
83$247,136,407$54,439,954$34,181,099$137,136,370
84$272,234,116$56,997,308$35,215,961$149,269,149
85$299,888,319$59,676,500$36,282,020$162,561,427
86$330,359,671$62,483,391$37,380,211$177,128,046
87$363,935,407$65,424,127$38,511,498$193,095,403
88$400,932,058$68,505,149$39,676,872$210,602,630
89$441,698,438$71,733,211$40,877,357$229,802,876
90$486,618,935$75,115,394$42,114,005$250,864,733
91$536,117,141$78,659,123$43,387,899$273,973,804
92$590,659,850$82,372,182$44,700,155$299,334,426
93$650,761,468$86,262,731$46,051,922$327,171,576
94$716,988,861$90,339,328$47,444,385$357,732,963
95$789,966,714$94,610,945$48,878,761$391,291,336
96$870,383,425$99,086,988$50,356,307$428,147,034
97$958,997,605$103,777,320$51,878,313$468,630,779
98$1,056,645,235$108,692,284$53,446,111$513,106,776
99$1,164,247,565$113,842,721$55,061,072$561,976,102
100$1,282,819,805$119,240,003$56,724,606$615,680,468