Can I retire at age 54 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%17.4%
1 years$949,659$941,200$932,947$924,892$917,026$889,453
2 years$470,128$461,373$452,887$444,660$436,679$409,132
3 years$310,306$301,512$293,048$284,898$277,047$250,390
4 years$230,410$221,643$213,264$205,253$197,592$172,029
5 years$182,485$173,771$165,501$157,654$150,207$125,806
6 years$150,546$141,897$133,750$126,077$118,853$95,638
7 years$127,741$119,165$111,147$103,655$96,660$74,628
8 years$110,645$102,146$94,261$86,953$80,188$59,328
9 years$97,355$88,937$81,187$74,065$67,530$47,818
10 years$86,729$78,393$70,781$63,845$57,539$38,947
11 years$78,041$69,789$62,314$55,564$49,486$31,982
12 years$70,806$62,639$55,302$48,737$42,883$26,432
13 years$64,689$56,607$49,409$43,028$37,395$21,959
14 years$59,451$51,454$44,394$38,195$32,780$18,319
15 years$54,914$47,005$40,082$34,063$28,862$15,335
16 years$50,949$43,126$36,340$30,500$25,509$12,873
17 years$47,454$39,717$33,068$27,404$22,618$10,832
18 years$44,351$36,701$30,187$24,697$20,111$9,132
19 years$41,578$34,014$27,635$22,315$17,925$7,711
20 years$39,085$31,607$25,362$20,211$16,011$6,520
21 years$36,832$29,441$23,328$18,343$14,328$5,519
22 years$34,787$27,482$21,500$16,678$12,843$4,676
23 years$32,923$25,703$19,852$15,189$11,529$3,965
24 years$31,216$24,082$18,359$13,853$10,362$3,365
25 years$29,649$22,600$17,005$12,651$9,324$2,857
26 years$28,204$21,240$15,771$11,568$8,399$2,427
27 years$26,869$19,990$14,645$10,588$7,572$2,062
28 years$25,631$18,836$13,614$9,701$6,833$1,753
29 years$24,481$17,770$12,669$8,896$6,170$1,491
30 years$23,409$16,782$11,801$8,164$5,575$1,268
31 years$22,408$15,864$11,002$7,498$5,040$1,079
32 years$21,472$15,011$10,265$6,891$4,559$918
33 years$20,595$14,215$9,584$6,337$4,126$781
34 years$19,771$13,473$8,955$5,831$3,736$665
35 years$18,995$12,779$8,372$5,367$3,384$566
36 years$18,265$12,129$7,832$4,943$3,066$482
37 years$17,575$11,520$7,331$4,555$2,779$410
38 years$16,923$10,948$6,865$4,198$2,519$349
39 years$16,307$10,410$6,432$3,871$2,284$297
40 years$15,722$9,905$6,028$3,570$2,072$253
41 years$15,168$9,428$5,653$3,294$1,880$216
42 years$14,641$8,979$5,302$3,040$1,706$184
43 years$14,140$8,555$4,976$2,806$1,548$156
44 years$13,664$8,155$4,670$2,591$1,405$133
45 years$13,209$7,777$4,385$2,393$1,276$113
46 years$12,776$7,419$4,119$2,210$1,158$97
47 years$12,363$7,080$3,870$2,042$1,052$82
48 years$11,967$6,758$3,636$1,887$955$70
49 years$11,590$6,454$3,418$1,744$867$60
50 years$11,228$6,165$3,213$1,612$788$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $11,500,000, adding $3,669 every year, while hoping to spend $21,445 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: 62/26/12 Blend
53$11,500,000$11,500,000$11,500,000$11,500,000
54$12,676,785$12,067,285$11,889,035$13,426,693
55$13,946,999$12,635,764$12,264,500$14,498,295
56$15,346,057$13,231,381$12,651,825$15,664,729
57$16,887,078$13,855,441$13,051,383$16,937,435
58$18,584,517$14,509,315$13,463,562$18,326,711
59$20,454,307$15,194,441$13,888,761$19,843,883
60$22,514,002$15,912,324$14,327,390$21,501,408
61$24,782,946$16,664,543$14,779,873$23,312,986
62$27,282,457$17,452,756$15,246,649$25,293,688
63$30,036,024$18,278,699$15,728,169$27,460,092
64$33,069,535$19,144,191$16,224,899$29,830,441
65$36,411,513$20,051,142$16,737,319$32,424,802
66$40,093,394$21,001,554$17,265,925$35,265,262
67$44,149,815$21,997,525$17,811,228$38,376,121
68$48,618,948$23,041,256$18,373,756$41,784,127
69$53,542,857$24,135,054$18,954,054$45,518,716
70$58,967,895$25,281,338$19,552,681$49,612,287
71$64,945,143$26,482,646$20,170,219$54,100,505
72$71,530,889$27,741,638$20,807,263$59,022,628
73$78,787,164$29,061,102$21,464,430$64,421,875
74$86,782,323$30,443,964$22,142,356$70,345,826
75$95,591,692$31,893,290$22,841,698$76,846,865
76$105,298,280$33,412,298$23,563,130$83,982,668
77$115,993,562$35,004,357$24,307,353$91,816,739
78$127,778,341$36,673,006$25,075,084$100,419,006
79$140,763,700$38,421,952$25,867,068$109,866,470
80$155,072,053$40,255,083$26,684,070$120,243,923
81$170,838,297$42,176,477$27,526,882$131,644,743
82$188,211,089$44,190,410$28,396,317$144,171,765
83$207,354,244$46,301,364$29,293,218$157,938,243
84$228,448,289$48,514,043$30,218,453$173,068,908
85$251,692,159$50,833,376$31,172,916$189,701,139
86$277,305,082$53,264,534$32,157,531$207,986,244
87$305,528,643$55,812,938$33,173,251$228,090,882
88$336,629,068$58,484,276$34,221,059$250,198,621
89$370,899,736$61,284,509$35,301,967$274,511,663
90$408,663,950$64,219,890$36,417,024$301,252,734
91$450,277,985$67,296,977$37,567,306$330,667,180
92$496,134,456$70,522,646$38,753,928$363,025,265
93$546,666,024$73,904,108$39,978,037$398,624,708
94$602,349,475$77,448,927$41,240,819$437,793,481
95$663,710,229$81,165,032$42,543,494$480,892,883
96$731,327,296$85,060,741$43,887,324$528,320,944
97$805,838,739$89,144,777$45,273,608$580,516,155
98$887,947,706$93,426,286$46,703,689$637,961,594
99$978,429,060$97,914,862$48,178,951$701,189,469
100$1,078,136,698$102,620,565$49,700,820$770,786,116