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%15.9%
1 years$949,659$941,200$932,947$924,892$917,026$894,857
2 years$470,128$461,373$452,887$444,660$436,679$414,478
3 years$310,306$301,512$293,048$284,898$277,047$255,507
4 years$230,410$221,643$213,264$205,253$197,592$176,879
5 years$182,485$173,771$165,501$157,654$150,207$130,378
6 years$150,546$141,897$133,750$126,077$118,853$99,930
7 years$127,741$119,165$111,147$103,655$96,660$78,643
8 years$110,645$102,146$94,261$86,953$80,188$63,072
9 years$97,355$88,937$81,187$74,065$67,530$51,300
10 years$86,729$78,393$70,781$63,845$57,539$42,176
11 years$78,041$69,789$62,314$55,564$49,486$34,968
12 years$70,806$62,639$55,302$48,737$42,883$29,187
13 years$64,689$56,607$49,409$43,028$37,395$24,493
14 years$59,451$51,454$44,394$38,195$32,780$20,646
15 years$54,914$47,005$40,082$34,063$28,862$17,466
16 years$50,949$43,126$36,340$30,500$25,509$14,820
17 years$47,454$39,717$33,068$27,404$22,618$12,607
18 years$44,351$36,701$30,187$24,697$20,111$10,747
19 years$41,578$34,014$27,635$22,315$17,925$9,177
20 years$39,085$31,607$25,362$20,211$16,011$7,849
21 years$36,832$29,441$23,328$18,343$14,328$6,721
22 years$34,787$27,482$21,500$16,678$12,843$5,762
23 years$32,923$25,703$19,852$15,189$11,529$4,944
24 years$31,216$24,082$18,359$13,853$10,362$4,245
25 years$29,649$22,600$17,005$12,651$9,324$3,648
26 years$28,204$21,240$15,771$11,568$8,399$3,137
27 years$26,869$19,990$14,645$10,588$7,572$2,698
28 years$25,631$18,836$13,614$9,701$6,833$2,322
29 years$24,481$17,770$12,669$8,896$6,170$1,999
30 years$23,409$16,782$11,801$8,164$5,575$1,721
31 years$22,408$15,864$11,002$7,498$5,040$1,483
32 years$21,472$15,011$10,265$6,891$4,559$1,278
33 years$20,595$14,215$9,584$6,337$4,126$1,101
34 years$19,771$13,473$8,955$5,831$3,736$949
35 years$18,995$12,779$8,372$5,367$3,384$818
36 years$18,265$12,129$7,832$4,943$3,066$705
37 years$17,575$11,520$7,331$4,555$2,779$608
38 years$16,923$10,948$6,865$4,198$2,519$524
39 years$16,307$10,410$6,432$3,871$2,284$452
40 years$15,722$9,905$6,028$3,570$2,072$390
41 years$15,168$9,428$5,653$3,294$1,880$336
42 years$14,641$8,979$5,302$3,040$1,706$290
43 years$14,140$8,555$4,976$2,806$1,548$250
44 years$13,664$8,155$4,670$2,591$1,405$216
45 years$13,209$7,777$4,385$2,393$1,276$186
46 years$12,776$7,419$4,119$2,210$1,158$161
47 years$12,363$7,080$3,870$2,042$1,052$139
48 years$11,967$6,758$3,636$1,887$955$120
49 years$11,590$6,454$3,418$1,744$867$103
50 years$11,228$6,165$3,213$1,612$788$89

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 $6,639 every year, while hoping to spend $25,366 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: 77/10/13 Blend
53$11,500,000$11,500,000$11,500,000$11,500,000
54$12,679,848$12,070,348$11,892,098$13,622,699
55$13,946,203$12,634,806$12,263,494$14,809,334
56$15,340,877$13,226,072$12,646,482$16,106,325
57$16,876,930$13,845,433$13,041,423$17,527,838
58$18,568,756$14,494,239$13,448,689$19,086,277
59$20,432,215$15,173,902$13,868,667$20,795,301
60$22,484,784$15,885,907$14,301,751$22,669,949
61$24,745,723$16,631,807$14,748,350$24,726,781
62$27,236,254$17,413,233$15,208,887$26,984,033
63$29,979,762$18,231,892$15,683,795$29,461,786
64$33,002,019$19,089,575$16,173,523$32,182,156
65$36,331,422$19,988,162$16,678,533$35,169,498
66$39,999,265$20,929,619$17,199,301$38,450,638
67$44,040,032$21,916,012$17,736,320$42,055,119
68$48,491,723$22,949,506$18,290,095$46,015,482
69$53,396,215$24,032,367$18,861,149$50,367,567
70$58,799,653$25,166,977$19,450,022$55,150,854
71$64,752,888$26,355,829$20,057,267$60,408,828
72$71,311,956$27,601,538$20,683,459$66,189,389
73$78,538,608$28,906,847$21,329,188$72,545,303
74$86,500,894$30,274,630$21,995,064$79,534,695
75$95,273,800$31,707,901$22,681,713$87,221,596
76$104,939,961$33,209,823$23,389,785$95,676,544
77$115,590,441$34,783,707$24,119,946$104,977,247
78$127,325,587$36,433,030$24,872,885$115,209,311
79$140,255,984$38,161,435$25,649,313$126,467,048
80$154,503,491$39,972,742$26,449,962$138,854,362
81$170,202,398$41,870,958$27,275,587$152,485,724
82$187,500,689$43,860,281$28,126,966$167,487,251
83$206,561,442$45,945,117$29,004,901$183,997,889
84$227,564,365$48,130,085$29,910,222$202,170,725
85$250,707,497$50,420,026$30,843,781$222,174,425
86$276,209,073$52,820,018$31,806,459$244,194,821
87$304,309,586$55,335,386$32,799,163$268,436,662
88$335,274,057$57,971,714$33,822,829$295,125,542
89$369,394,539$60,734,856$34,878,422$324,510,021
90$406,992,870$63,630,952$35,966,936$356,863,970
91$448,423,713$66,666,439$37,089,399$392,489,150
92$494,077,906$69,848,068$38,246,868$431,718,051
93$544,386,148$73,182,919$39,440,434$474,917,030
94$599,823,068$76,678,415$40,671,221$522,489,756
95$660,911,704$80,342,341$41,940,390$574,881,023
96$728,228,442$84,182,859$43,249,137$632,580,932
97$802,408,454$88,208,531$44,598,695$696,129,519
98$884,151,701$92,428,333$45,990,335$766,121,839
99$974,229,532$96,851,680$47,425,370$843,213,579
100$1,073,491,975$101,488,442$48,905,150$928,127,236