Can I retire at age 54 with 11,000,000?

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 $11,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$908,370$900,278$892,384$884,679$877,155$842,353
2 years$449,688$441,313$433,196$425,327$417,693$383,062
3 years$296,814$288,403$280,307$272,511$265,002$231,632
4 years$220,392$212,007$203,991$196,329$189,001$157,147
5 years$174,551$166,216$158,306$150,799$143,676$113,418
6 years$144,000$135,728$127,935$120,595$113,686$85,044
7 years$122,187$113,984$106,314$99,148$92,457$65,420
8 years$105,834$97,705$90,163$83,173$76,702$51,243
9 years$93,122$85,070$77,657$70,845$64,594$40,675
10 years$82,958$74,985$67,703$61,069$55,037$32,610
11 years$74,648$66,755$59,605$53,148$47,334$26,347
12 years$67,728$59,915$52,898$46,618$41,019$21,416
13 years$61,877$54,146$47,261$41,157$35,769$17,490
14 years$56,866$49,217$42,464$36,534$31,355$14,339
15 years$52,527$44,961$38,339$32,582$27,607$11,792
16 years$48,734$41,251$34,760$29,174$24,400$9,721
17 years$45,391$37,990$31,630$26,213$21,634$8,031
18 years$42,423$35,105$28,874$23,623$19,236$6,645
19 years$39,770$32,535$26,433$21,345$17,146$5,506
20 years$37,386$30,233$24,259$19,332$15,315$4,567
21 years$35,231$28,161$22,314$17,545$13,705$3,792
22 years$33,275$26,287$20,566$15,953$12,285$3,151
23 years$31,491$24,586$18,989$14,528$11,027$2,620
24 years$29,859$23,035$17,561$13,251$9,912$2,179
25 years$28,360$21,617$16,265$12,101$8,919$1,814
26 years$26,978$20,317$15,085$11,065$8,034$1,510
27 years$25,701$19,121$14,008$10,128$7,243$1,257
28 years$24,517$18,017$13,022$9,279$6,536$1,047
29 years$23,416$16,997$12,118$8,509$5,902$873
30 years$22,391$16,052$11,288$7,809$5,332$727
31 years$21,434$15,175$10,523$7,172$4,821$606
32 years$20,539$14,358$9,818$6,592$4,361$505
33 years$19,699$13,597$9,167$6,061$3,947$421
34 years$18,911$12,887$8,565$5,577$3,573$351
35 years$18,169$12,223$8,008$5,134$3,236$293
36 years$17,471$11,602$7,491$4,728$2,932$244
37 years$16,811$11,019$7,012$4,357$2,658$204
38 years$16,188$10,472$6,566$4,016$2,409$170
39 years$15,598$9,958$6,152$3,702$2,185$142
40 years$15,039$9,474$5,766$3,415$1,982$118
41 years$14,508$9,018$5,407$3,151$1,798$98
42 years$14,005$8,589$5,072$2,908$1,632$82
43 years$13,526$8,183$4,759$2,684$1,481$68
44 years$13,070$7,801$4,467$2,478$1,344$57
45 years$12,635$7,439$4,195$2,289$1,220$48
46 years$12,221$7,096$3,940$2,114$1,108$40
47 years$11,825$6,772$3,701$1,953$1,006$33
48 years$11,447$6,465$3,478$1,805$914$28
49 years$11,086$6,173$3,269$1,668$830$23
50 years$10,740$5,897$3,074$1,542$754$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $11,000,000, adding $5,298 every year, while hoping to spend $54,278 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: 27/49/24 Blend
53$11,000,000$11,000,000$11,000,000$11,000,000
54$12,127,465$11,544,465$11,373,965$12,363,249
55$13,306,715$12,052,392$11,697,241$13,059,155
56$14,604,429$12,583,389$12,029,528$13,800,744
57$16,032,634$13,138,528$12,371,071$14,595,867
58$17,604,580$13,718,933$12,722,119$15,449,107
59$19,334,868$14,325,782$13,082,931$16,365,478
60$21,239,586$14,960,307$13,453,770$17,350,466
61$23,336,461$15,623,799$13,834,909$18,410,075
62$25,645,026$16,317,611$14,226,624$19,550,884
63$28,186,804$17,043,159$14,629,201$20,780,094
64$30,985,512$17,801,928$15,042,934$22,105,597
65$34,067,284$18,595,472$15,468,121$23,536,044
66$37,460,916$19,425,419$15,905,072$25,080,915
67$41,198,139$20,293,474$16,354,102$26,750,607
68$45,313,919$21,201,425$16,815,535$28,556,523
69$49,846,787$22,151,142$17,289,703$30,511,172
70$54,839,199$23,144,588$17,776,948$32,628,279
71$60,337,940$24,183,816$18,277,618$34,922,907
72$66,394,565$25,270,978$18,792,073$37,411,590
73$73,065,883$26,408,328$19,320,681$40,112,484
74$80,414,497$27,598,230$19,863,817$43,045,520
75$88,509,390$28,843,157$20,421,869$46,232,595
76$97,426,579$30,145,703$20,995,233$49,697,756
77$107,249,832$31,508,585$21,584,316$53,467,425
78$118,071,458$32,934,649$22,189,534$57,570,636
79$129,993,178$34,426,878$22,811,314$62,039,292
80$143,127,083$35,988,396$23,450,094$66,908,462
81$157,596,697$37,622,479$24,106,323$72,216,692
82$173,538,137$39,332,557$24,780,462$78,006,361
83$191,101,401$41,122,226$25,472,981$84,324,065
84$210,451,782$42,995,254$26,184,365$91,221,043
85$231,771,431$44,955,588$26,915,108$98,753,643
86$255,261,071$47,007,366$27,665,718$106,983,841
87$281,141,896$49,154,923$28,436,716$115,979,809
88$309,657,658$51,402,803$29,228,635$125,816,542
89$341,076,966$53,755,767$30,042,020$136,576,543
90$375,695,820$56,218,803$30,877,432$148,350,589
91$413,840,412$58,797,142$31,735,444$161,238,565
92$455,870,196$61,496,264$32,616,643$175,350,387
93$502,181,286$64,321,912$33,521,631$190,807,014
94$553,210,197$67,280,105$34,451,025$207,741,576
95$609,437,958$70,377,151$35,405,456$226,300,598
96$671,394,661$73,619,663$36,385,570$246,645,361
97$739,664,460$77,014,570$37,392,030$268,953,402
98$814,891,086$80,569,135$38,425,514$293,420,159
99$897,783,925$84,290,971$39,486,717$320,260,787
100$989,124,713$88,188,056$40,576,349$349,712,162