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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.1%
1 years$908,370$900,278$892,384$884,679$877,155$865,836
2 years$449,688$441,313$433,196$425,327$417,693$406,305
3 years$296,814$288,403$280,307$272,511$265,002$253,899
4 years$220,392$212,007$203,991$196,329$189,001$178,269
5 years$174,551$166,216$158,306$150,799$143,676$133,346
6 years$144,000$135,728$127,935$120,595$113,686$103,771
7 years$122,187$113,984$106,314$99,148$92,457$82,960
8 years$105,834$97,705$90,163$83,173$76,702$67,622
9 years$93,122$85,070$77,657$70,845$64,594$55,928
10 years$82,958$74,985$67,703$61,069$55,037$46,778
11 years$74,648$66,755$59,605$53,148$47,334$39,474
12 years$67,728$59,915$52,898$46,618$41,019$33,550
13 years$61,877$54,146$47,261$41,157$35,769$28,681
14 years$56,866$49,217$42,464$36,534$31,355$24,638
15 years$52,527$44,961$38,339$32,582$27,607$21,249
16 years$48,734$41,251$34,760$29,174$24,400$18,389
17 years$45,391$37,990$31,630$26,213$21,634$15,959
18 years$42,423$35,105$28,874$23,623$19,236$13,885
19 years$39,770$32,535$26,433$21,345$17,146$12,105
20 years$37,386$30,233$24,259$19,332$15,315$10,572
21 years$35,231$28,161$22,314$17,545$13,705$9,248
22 years$33,275$26,287$20,566$15,953$12,285$8,100
23 years$31,491$24,586$18,989$14,528$11,027$7,103
24 years$29,859$23,035$17,561$13,251$9,912$6,235
25 years$28,360$21,617$16,265$12,101$8,919$5,478
26 years$26,978$20,317$15,085$11,065$8,034$4,817
27 years$25,701$19,121$14,008$10,128$7,243$4,238
28 years$24,517$18,017$13,022$9,279$6,536$3,731
29 years$23,416$16,997$12,118$8,509$5,902$3,286
30 years$22,391$16,052$11,288$7,809$5,332$2,896
31 years$21,434$15,175$10,523$7,172$4,821$2,553
32 years$20,539$14,358$9,818$6,592$4,361$2,251
33 years$19,699$13,597$9,167$6,061$3,947$1,986
34 years$18,911$12,887$8,565$5,577$3,573$1,752
35 years$18,169$12,223$8,008$5,134$3,236$1,547
36 years$17,471$11,602$7,491$4,728$2,932$1,365
37 years$16,811$11,019$7,012$4,357$2,658$1,206
38 years$16,188$10,472$6,566$4,016$2,409$1,065
39 years$15,598$9,958$6,152$3,702$2,185$940
40 years$15,039$9,474$5,766$3,415$1,982$831
41 years$14,508$9,018$5,407$3,151$1,798$734
42 years$14,005$8,589$5,072$2,908$1,632$648
43 years$13,526$8,183$4,759$2,684$1,481$573
44 years$13,070$7,801$4,467$2,478$1,344$506
45 years$12,635$7,439$4,195$2,289$1,220$447
46 years$12,221$7,096$3,940$2,114$1,108$395
47 years$11,825$6,772$3,701$1,953$1,006$349
48 years$11,447$6,465$3,478$1,805$914$309
49 years$11,086$6,173$3,269$1,668$830$273
50 years$10,740$5,897$3,074$1,542$754$241

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 $5,120 every year, while hoping to spend $45,236 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: 43/45/12 Blend
53$11,000,000$11,000,000$11,000,000$11,000,000
54$12,127,281$11,544,281$11,373,781$12,606,319
55$13,316,133$12,061,820$11,706,672$13,458,992
56$14,624,732$12,603,203$12,049,199$14,377,231
57$16,065,244$13,169,549$12,401,636$15,370,994
58$17,651,075$13,762,033$12,764,267$16,447,224
59$19,396,997$14,381,885$13,137,382$17,613,538
60$21,319,286$15,030,393$13,521,280$18,878,293
61$23,435,879$15,708,907$13,916,269$20,250,665
62$25,766,537$16,418,843$14,322,663$21,740,725
63$28,333,040$17,161,682$14,740,787$23,359,532
64$31,159,382$17,938,976$15,170,976$25,119,233
65$34,272,007$18,752,354$15,613,572$27,033,167
66$37,700,053$19,603,520$16,068,927$29,115,991
67$41,475,626$20,494,261$16,537,405$31,383,808
68$45,634,108$21,426,448$17,019,376$33,854,314
69$50,214,487$22,402,044$17,515,225$36,546,956
70$55,259,724$23,423,103$18,025,344$39,483,111
71$60,817,160$24,491,780$18,550,138$42,686,281
72$66,938,965$25,610,332$19,090,022$46,182,302
73$73,682,625$26,781,124$19,645,423$49,999,586
74$81,111,490$28,006,635$20,216,781$54,169,375
75$89,295,365$29,289,463$20,804,547$58,726,031
76$98,311,176$30,632,331$21,409,183$63,707,348
77$108,243,692$32,038,092$22,031,167$69,154,901
78$119,186,325$33,509,735$22,670,988$75,114,427
79$131,242,013$35,050,394$23,329,148$81,636,245
80$144,524,189$36,663,355$24,006,166$88,775,722
81$159,157,856$38,352,058$24,702,571$96,593,782
82$175,280,760$40,120,112$25,418,911$105,157,469
83$193,044,698$41,971,298$26,155,745$114,540,569
84$212,616,945$43,909,580$26,913,650$124,824,287
85$234,181,834$45,939,110$27,693,218$136,098,008
86$257,942,498$48,064,242$28,495,057$148,460,118
87$284,122,784$50,289,542$29,319,793$162,018,921
88$312,969,369$52,619,790$30,168,067$176,893,647
89$344,754,086$55,060,002$31,040,539$193,215,554
90$379,776,493$57,615,431$31,937,887$211,129,156
91$418,366,696$60,291,588$32,860,807$230,793,564
92$460,888,469$63,094,246$33,810,014$252,383,970
93$507,742,687$66,029,459$34,786,243$276,093,283
94$559,371,108$69,103,569$35,790,250$302,133,922
95$616,260,547$72,323,229$36,822,808$330,739,805
96$678,947,465$75,695,411$37,884,716$362,168,531
97$748,023,043$79,227,422$38,976,789$396,703,787
98$824,138,752$82,926,924$40,099,870$434,658,001
99$908,012,509$86,801,948$41,254,821$476,375,265
100$1,000,435,456$90,860,915$42,442,528$522,234,552