Can I retire at age 53 with 11,500,000?

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 $11,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$949,659$941,200$932,947$924,892$917,026$884,489
2 years$470,128$461,373$452,887$444,660$436,679$404,246
3 years$310,306$301,512$293,048$284,898$277,047$245,736
4 years$230,410$221,643$213,264$205,253$197,592$167,643
5 years$182,485$173,771$165,501$157,654$150,207$121,698
6 years$150,546$141,897$133,750$126,077$118,853$91,806
7 years$127,741$119,165$111,147$103,655$96,660$71,069
8 years$110,645$102,146$94,261$86,953$80,188$56,033
9 years$97,355$88,937$81,187$74,065$67,530$44,778
10 years$86,729$78,393$70,781$63,845$57,539$36,151
11 years$78,041$69,789$62,314$55,564$49,486$29,418
12 years$70,806$62,639$55,302$48,737$42,883$24,088
13 years$64,689$56,607$49,409$43,028$37,395$19,822
14 years$59,451$51,454$44,394$38,195$32,780$16,376
15 years$54,914$47,005$40,082$34,063$28,862$13,573
16 years$50,949$43,126$36,340$30,500$25,509$11,280
17 years$47,454$39,717$33,068$27,404$22,618$9,394
18 years$44,351$36,701$30,187$24,697$20,111$7,837
19 years$41,578$34,014$27,635$22,315$17,925$6,548
20 years$39,085$31,607$25,362$20,211$16,011$5,478
21 years$36,832$29,441$23,328$18,343$14,328$4,587
22 years$34,787$27,482$21,500$16,678$12,843$3,844
23 years$32,923$25,703$19,852$15,189$11,529$3,224
24 years$31,216$24,082$18,359$13,853$10,362$2,706
25 years$29,649$22,600$17,005$12,651$9,324$2,272
26 years$28,204$21,240$15,771$11,568$8,399$1,908
27 years$26,869$19,990$14,645$10,588$7,572$1,603
28 years$25,631$18,836$13,614$9,701$6,833$1,347
29 years$24,481$17,770$12,669$8,896$6,170$1,133
30 years$23,409$16,782$11,801$8,164$5,575$952
31 years$22,408$15,864$11,002$7,498$5,040$801
32 years$21,472$15,011$10,265$6,891$4,559$674
33 years$20,595$14,215$9,584$6,337$4,126$567
34 years$19,771$13,473$8,955$5,831$3,736$477
35 years$18,995$12,779$8,372$5,367$3,384$401
36 years$18,265$12,129$7,832$4,943$3,066$338
37 years$17,575$11,520$7,331$4,555$2,779$284
38 years$16,923$10,948$6,865$4,198$2,519$239
39 years$16,307$10,410$6,432$3,871$2,284$201
40 years$15,722$9,905$6,028$3,570$2,072$169
41 years$15,168$9,428$5,653$3,294$1,880$142
42 years$14,641$8,979$5,302$3,040$1,706$120
43 years$14,140$8,555$4,976$2,806$1,548$101
44 years$13,664$8,155$4,670$2,591$1,405$85
45 years$13,209$7,777$4,385$2,393$1,276$71
46 years$12,776$7,419$4,119$2,210$1,158$60
47 years$12,363$7,080$3,870$2,042$1,052$51
48 years$11,967$6,758$3,636$1,887$955$43
49 years$11,590$6,454$3,418$1,744$867$36
50 years$11,228$6,165$3,213$1,612$788$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $11,500,000, adding $4,187 every year, while hoping to spend $27,816 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: 64/17/19 Blend
52$11,500,000$11,500,000$11,500,000$11,500,000
53$12,677,319$12,067,819$11,889,569$13,427,463
54$13,940,809$12,629,546$12,258,273$14,493,864
55$15,332,244$13,217,865$12,638,397$15,654,847
56$16,864,643$13,834,051$13,030,294$16,922,533
57$18,552,354$14,479,438$13,434,327$18,307,352
58$20,411,189$15,155,425$13,850,872$19,820,777
59$22,458,570$15,863,480$14,280,315$21,475,433
60$24,713,695$16,605,142$14,723,057$23,285,214
61$27,197,720$17,382,022$15,179,507$25,265,409
62$29,933,957$18,195,810$15,650,090$27,432,844
63$32,948,096$19,048,280$16,135,243$29,806,039
64$36,268,444$19,941,288$16,635,416$32,405,379
65$39,926,196$20,876,782$17,151,074$35,253,304
66$43,955,728$21,856,804$17,682,695$38,374,516
67$48,394,920$22,883,495$18,230,772$41,796,211
68$53,285,514$23,959,098$18,795,815$45,548,327
69$58,673,509$25,085,967$19,378,347$49,663,831
70$64,609,595$26,266,568$19,978,910$54,179,019
71$71,149,631$27,503,486$20,598,061$59,133,857
72$78,355,170$28,799,435$21,236,373$64,572,355
73$86,294,046$30,157,255$21,894,440$70,542,977
74$95,041,006$31,579,929$22,572,872$77,099,093
75$104,678,423$33,070,579$23,272,297$84,299,479
76$115,297,068$34,632,484$23,993,365$92,208,867
77$126,996,971$36,269,077$24,736,744$100,898,549
78$139,888,361$37,983,961$25,503,124$110,447,047
79$154,092,711$39,780,911$26,293,216$120,940,844
80$169,743,879$41,663,888$27,107,751$132,475,199
81$186,989,379$43,637,043$27,947,484$145,155,039
82$205,991,766$45,704,729$28,813,195$159,095,941
83$226,930,175$47,871,509$29,705,686$174,425,215
84$250,002,010$50,142,170$30,625,784$191,283,104
85$275,424,808$52,521,729$31,574,341$209,824,095
86$303,438,293$55,015,449$32,552,236$230,218,370
87$334,306,639$57,628,846$33,560,375$252,653,408
88$368,320,962$60,367,705$34,599,693$277,335,744
89$405,802,069$63,238,091$35,671,152$304,492,906
90$447,103,489$66,246,367$36,775,745$334,375,561
91$492,614,806$69,399,200$37,914,494$367,259,866
92$542,765,341$72,703,586$39,088,454$403,450,066
93$598,028,201$76,166,857$40,298,713$443,281,356
94$658,924,748$79,796,703$41,546,390$487,123,033
95$726,029,519$83,601,188$42,832,640$535,381,972
96$799,975,652$87,588,768$44,158,656$588,506,454
97$881,460,860$91,768,310$45,525,663$646,990,387
98$971,254,022$96,149,111$46,934,927$711,377,950
99$1,070,202,438$100,740,923$48,387,752$782,268,722
100$1,179,239,828$105,553,969$49,885,483$860,323,326