Can I retire at age 53 with 11,100,000?

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 $11,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$916,628$908,463$900,497$892,722$885,130$856,111
2 years$453,776$445,325$437,134$429,193$421,490$392,531
3 years$299,512$291,025$282,855$274,988$267,411$239,421
4 years$222,396$213,934$205,846$198,114$190,720$163,913
5 years$176,138$167,727$159,745$152,170$144,982$119,430
6 years$145,309$136,962$129,098$121,692$114,719$90,443
7 years$123,297$115,020$107,281$100,049$93,298$70,293
8 years$106,796$98,593$90,983$83,929$77,399$55,651
9 years$93,968$85,843$78,363$71,489$65,181$44,664
10 years$83,712$75,667$68,319$61,624$55,538$36,219
11 years$75,327$67,362$60,147$53,631$47,764$29,607
12 years$68,343$60,460$53,379$47,042$41,392$24,356
13 years$62,439$54,638$47,690$41,531$36,094$20,138
14 years$57,383$49,665$42,850$36,867$31,640$16,719
15 years$53,004$45,370$38,688$32,879$27,858$13,926
16 years$49,177$41,626$35,076$29,439$24,621$11,632
17 years$45,804$38,336$31,918$26,451$21,831$9,737
18 years$42,808$35,424$29,137$23,838$19,411$8,166
19 years$40,132$32,831$26,673$21,539$17,302$6,859
20 years$37,725$30,508$24,480$19,508$15,454$5,769
21 years$35,551$28,417$22,517$17,705$13,830$4,857
22 years$33,577$26,526$20,752$16,098$12,396$4,093
23 years$31,778$24,809$19,161$14,660$11,128$3,452
24 years$30,131$23,245$17,721$13,371$10,002$2,913
25 years$28,618$21,814$16,413$12,211$9,000$2,459
26 years$27,223$20,502$15,222$11,165$8,107$2,077
27 years$25,934$19,294$14,135$10,220$7,309$1,755
28 years$24,739$18,181$13,141$9,364$6,595$1,484
29 years$23,629$17,152$12,228$8,587$5,955$1,254
30 years$22,595$16,198$11,390$7,880$5,381$1,061
31 years$21,629$15,312$10,619$7,238$4,865$897
32 years$20,726$14,489$9,908$6,652$4,401$759
33 years$19,878$13,721$9,251$6,117$3,983$642
34 years$19,083$13,004$8,643$5,628$3,606$544
35 years$18,335$12,334$8,081$5,181$3,266$460
36 years$17,629$11,707$7,560$4,771$2,959$389
37 years$16,964$11,119$7,076$4,396$2,682$330
38 years$16,335$10,567$6,626$4,052$2,431$279
39 years$15,740$10,048$6,208$3,736$2,205$236
40 years$15,175$9,560$5,819$3,446$2,000$200
41 years$14,640$9,100$5,456$3,179$1,814$169
42 years$14,132$8,667$5,118$2,934$1,646$143
43 years$13,649$8,258$4,802$2,709$1,494$121
44 years$13,188$7,871$4,508$2,501$1,356$103
45 years$12,750$7,506$4,233$2,310$1,231$87
46 years$12,332$7,161$3,976$2,134$1,118$74
47 years$11,933$6,833$3,735$1,971$1,015$62
48 years$11,551$6,523$3,510$1,821$922$53
49 years$11,186$6,229$3,299$1,683$837$45
50 years$10,837$5,951$3,102$1,556$760$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $11,100,000, adding $4,930 every year, while hoping to spend $26,211 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: 75/8/17 Blend
52$11,100,000$11,100,000$11,100,000$11,100,000
53$12,237,285$11,648,985$11,476,935$13,107,701
54$13,457,600$12,191,897$11,833,524$14,227,343
55$14,801,509$12,760,533$12,201,181$15,450,474
56$16,281,589$13,356,127$12,580,247$16,790,422
57$17,911,704$13,979,969$12,971,078$18,258,812
58$19,707,126$14,633,416$13,374,037$19,868,446
59$21,684,687$15,317,887$13,789,501$21,633,421
60$23,862,932$16,034,871$14,217,857$23,569,259
61$26,262,301$16,785,930$14,659,505$25,693,053
62$28,905,314$17,572,699$15,114,857$28,023,626
63$31,816,789$18,396,893$15,584,337$30,581,708
64$35,024,072$19,260,312$16,068,383$33,390,131
65$38,557,301$20,164,840$16,567,447$36,474,038
66$42,449,683$21,112,455$17,081,994$39,861,126
67$46,737,813$22,105,228$17,612,504$43,581,897
68$51,462,019$23,145,333$18,159,471$47,669,950
69$56,666,737$24,235,046$18,723,405$52,162,296
70$62,400,937$25,376,757$19,304,833$57,099,699
71$68,718,583$26,572,968$19,904,295$62,527,066
72$75,679,140$27,826,305$20,522,351$68,493,864
73$83,348,139$29,139,521$21,159,576$75,054,587
74$91,797,792$30,515,501$21,816,565$82,269,263
75$101,107,677$31,957,270$22,493,930$90,204,026
76$111,365,484$33,468,001$23,192,301$98,931,730
77$122,667,850$35,051,019$23,912,330$108,532,638
78$135,121,265$36,709,813$24,654,687$119,095,174
79$148,843,079$38,448,038$25,420,063$130,716,757
80$163,962,610$40,269,529$26,209,172$143,504,715
81$180,622,366$42,178,306$27,022,749$157,577,299
82$198,979,387$44,178,583$27,861,551$173,064,788
83$219,206,731$46,274,780$28,726,360$190,110,724
84$241,495,104$48,471,531$29,617,980$208,873,255
85$266,054,665$50,773,696$30,537,242$229,526,631
86$293,117,002$53,186,369$31,485,001$252,262,839
87$322,937,328$55,714,893$32,462,141$277,293,415
88$355,796,883$58,364,870$33,469,570$304,851,434
89$392,005,591$61,142,174$34,508,226$335,193,706
90$431,904,986$64,052,965$35,579,076$368,603,196
91$475,871,436$67,103,702$36,683,117$405,391,691
92$524,319,696$70,301,157$37,821,375$445,902,733
93$577,706,825$73,652,433$38,994,910$490,514,864
94$636,536,495$77,164,977$40,204,815$539,645,187
95$701,363,755$80,846,598$41,452,213$593,753,302
96$772,800,262$84,705,486$42,738,266$653,345,636
97$851,520,061$88,750,227$44,064,171$718,980,218
98$938,265,947$92,989,827$45,431,159$791,271,939
99$1,033,856,473$97,433,729$46,840,503$870,898,352
100$1,139,193,687$102,091,835$48,293,513$958,606,060