Can I retire at age 54 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%11%
1 years$916,628$908,463$900,497$892,722$885,130$881,400
2 years$453,776$445,325$437,134$429,193$421,490$417,725
3 years$299,512$291,025$282,855$274,988$267,411$263,726
4 years$222,396$213,934$205,846$198,114$190,720$187,144
5 years$176,138$167,727$159,745$152,170$144,982$141,527
6 years$145,309$136,962$129,098$121,692$114,719$111,388
7 years$123,297$115,020$107,281$100,049$93,298$90,093
8 years$106,796$98,593$90,983$83,929$77,399$74,321
9 years$93,968$85,843$78,363$71,489$65,181$62,228
10 years$83,712$75,667$68,319$61,624$55,538$52,709
11 years$75,327$67,362$60,147$53,631$47,764$45,058
12 years$68,343$60,460$53,379$47,042$41,392$38,806
13 years$62,439$54,638$47,690$41,531$36,094$33,626
14 years$57,383$49,665$42,850$36,867$31,640$29,287
15 years$53,004$45,370$38,688$32,879$27,858$25,618
16 years$49,177$41,626$35,076$29,439$24,621$22,490
17 years$45,804$38,336$31,918$26,451$21,831$19,806
18 years$42,808$35,424$29,137$23,838$19,411$17,490
19 years$40,132$32,831$26,673$21,539$17,302$15,480
20 years$37,725$30,508$24,480$19,508$15,454$13,728
21 years$35,551$28,417$22,517$17,705$13,830$12,197
22 years$33,577$26,526$20,752$16,098$12,396$10,853
23 years$31,778$24,809$19,161$14,660$11,128$9,670
24 years$30,131$23,245$17,721$13,371$10,002$8,626
25 years$28,618$21,814$16,413$12,211$9,000$7,704
26 years$27,223$20,502$15,222$11,165$8,107$6,886
27 years$25,934$19,294$14,135$10,220$7,309$6,160
28 years$24,739$18,181$13,141$9,364$6,595$5,515
29 years$23,629$17,152$12,228$8,587$5,955$4,941
30 years$22,595$16,198$11,390$7,880$5,381$4,429
31 years$21,629$15,312$10,619$7,238$4,865$3,972
32 years$20,726$14,489$9,908$6,652$4,401$3,564
33 years$19,878$13,721$9,251$6,117$3,983$3,199
34 years$19,083$13,004$8,643$5,628$3,606$2,873
35 years$18,335$12,334$8,081$5,181$3,266$2,580
36 years$17,629$11,707$7,560$4,771$2,959$2,318
37 years$16,964$11,119$7,076$4,396$2,682$2,084
38 years$16,335$10,567$6,626$4,052$2,431$1,873
39 years$15,740$10,048$6,208$3,736$2,205$1,684
40 years$15,175$9,560$5,819$3,446$2,000$1,515
41 years$14,640$9,100$5,456$3,179$1,814$1,363
42 years$14,132$8,667$5,118$2,934$1,646$1,226
43 years$13,649$8,258$4,802$2,709$1,494$1,103
44 years$13,188$7,871$4,508$2,501$1,356$993
45 years$12,750$7,506$4,233$2,310$1,231$893
46 years$12,332$7,161$3,976$2,134$1,118$804
47 years$11,933$6,833$3,735$1,971$1,015$724
48 years$11,551$6,523$3,510$1,821$922$652
49 years$11,186$6,229$3,299$1,683$837$587
50 years$10,837$5,951$3,102$1,556$760$528

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $11,100,000, adding $5,757 every year, while hoping to spend $40,136 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: 51/34/15 Blend
53$11,100,000$11,100,000$11,100,000$11,100,000
54$12,238,138$11,649,838$11,477,788$12,812,016
55$13,443,724$12,177,976$11,819,590$13,734,518
56$14,770,934$12,730,647$12,171,497$14,732,206
57$16,232,132$13,309,012$12,533,805$15,815,977
58$17,840,942$13,914,285$12,906,819$16,993,969
59$19,612,373$14,547,740$13,290,852$18,275,120
60$21,562,967$15,210,712$13,686,228$19,669,254
61$23,710,951$15,904,598$14,093,278$21,187,165
62$26,076,410$16,630,865$14,512,344$22,840,715
63$28,681,473$17,391,047$14,943,778$24,642,946
64$31,550,530$18,186,754$15,387,940$26,608,193
65$34,710,451$19,019,673$15,845,204$28,752,219
66$38,190,850$19,891,570$16,315,951$31,092,357
67$42,024,358$20,804,298$16,800,577$33,647,667
68$46,246,932$21,759,798$17,299,486$36,439,114
69$50,898,196$22,760,105$17,813,095$39,489,757
70$56,021,811$23,807,349$18,341,833$42,824,962
71$61,665,894$24,903,767$18,886,142$46,472,637
72$67,883,463$26,051,700$19,446,476$50,463,486
73$74,732,945$27,253,602$20,023,302$54,831,293
74$82,278,724$28,512,047$20,617,101$59,613,235
75$90,591,747$29,829,731$21,228,367$64,850,226
76$99,750,197$31,209,479$21,857,609$70,587,292
77$109,840,229$32,654,256$22,505,351$76,873,992
78$120,956,783$34,167,165$23,172,131$83,764,875
79$133,204,481$35,751,461$23,858,503$91,319,988
80$146,698,611$37,410,556$24,565,036$99,605,432
81$161,566,222$39,148,026$25,292,318$108,693,975
82$177,947,317$40,967,619$26,040,950$118,665,732
83$195,996,175$42,873,265$26,811,554$129,608,911
84$215,882,811$44,869,081$27,604,767$141,620,630
85$237,794,578$46,959,386$28,421,247$154,807,828
86$261,937,934$49,148,705$29,261,667$169,288,257
87$288,540,393$51,441,782$30,126,724$185,191,585
88$317,852,675$53,843,590$31,017,130$202,660,605
89$350,151,066$56,359,344$31,933,622$221,852,571
90$385,740,031$58,994,509$32,876,955$242,940,664
91$424,955,088$61,754,814$33,847,907$266,115,616
92$468,165,973$64,646,265$34,847,277$291,587,492
93$515,780,130$67,675,159$35,875,889$319,587,659
94$568,246,559$70,848,098$36,934,587$350,370,949
95$626,060,055$74,172,002$38,024,243$384,218,050
96$689,765,877$77,654,127$39,145,751$421,438,135
97$759,964,895$81,302,077$40,300,032$462,371,761
98$837,319,264$85,123,829$41,488,033$507,394,064
99$922,558,674$89,127,742$42,710,728$556,918,277
100$1,016,487,239$93,322,581$43,969,117$611,399,610