Can I retire at age 55 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%17.9%
1 years$908,370$900,278$892,384$884,679$877,155$849,077
2 years$449,688$441,313$433,196$425,327$417,693$389,664
3 years$296,814$288,403$280,307$272,511$265,002$237,901
4 years$220,392$212,007$203,991$196,329$189,001$163,036
5 years$174,551$166,216$158,306$150,799$143,676$118,916
6 years$144,000$135,728$127,935$120,595$113,686$90,153
7 years$122,187$113,984$106,314$99,148$92,457$70,148
8 years$105,834$97,705$90,163$83,173$76,702$55,602
9 years$93,122$85,070$77,657$70,845$64,594$44,679
10 years$82,958$74,985$67,703$61,069$55,037$36,276
11 years$74,648$66,755$59,605$53,148$47,334$29,693
12 years$67,728$59,915$52,898$46,618$41,019$24,459
13 years$61,877$54,146$47,261$41,157$35,769$20,251
14 years$56,866$49,217$42,464$36,534$31,355$16,836
15 years$52,527$44,961$38,339$32,582$27,607$14,043
16 years$48,734$41,251$34,760$29,174$24,400$11,747
17 years$45,391$37,990$31,630$26,213$21,634$9,848
18 years$42,423$35,105$28,874$23,623$19,236$8,271
19 years$39,770$32,535$26,433$21,345$17,146$6,958
20 years$37,386$30,233$24,259$19,332$15,315$5,861
21 years$35,231$28,161$22,314$17,545$13,705$4,942
22 years$33,275$26,287$20,566$15,953$12,285$4,171
23 years$31,491$24,586$18,989$14,528$11,027$3,523
24 years$29,859$23,035$17,561$13,251$9,912$2,978
25 years$28,360$21,617$16,265$12,101$8,919$2,518
26 years$26,978$20,317$15,085$11,065$8,034$2,131
27 years$25,701$19,121$14,008$10,128$7,243$1,803
28 years$24,517$18,017$13,022$9,279$6,536$1,527
29 years$23,416$16,997$12,118$8,509$5,902$1,293
30 years$22,391$16,052$11,288$7,809$5,332$1,095
31 years$21,434$15,175$10,523$7,172$4,821$928
32 years$20,539$14,358$9,818$6,592$4,361$786
33 years$19,699$13,597$9,167$6,061$3,947$666
34 years$18,911$12,887$8,565$5,577$3,573$565
35 years$18,169$12,223$8,008$5,134$3,236$479
36 years$17,471$11,602$7,491$4,728$2,932$406
37 years$16,811$11,019$7,012$4,357$2,658$344
38 years$16,188$10,472$6,566$4,016$2,409$292
39 years$15,598$9,958$6,152$3,702$2,185$247
40 years$15,039$9,474$5,766$3,415$1,982$210
41 years$14,508$9,018$5,407$3,151$1,798$178
42 years$14,005$8,589$5,072$2,908$1,632$151
43 years$13,526$8,183$4,759$2,684$1,481$128
44 years$13,070$7,801$4,467$2,478$1,344$109
45 years$12,635$7,439$4,195$2,289$1,220$92
46 years$12,221$7,096$3,940$2,114$1,108$78
47 years$11,825$6,772$3,701$1,953$1,006$66
48 years$11,447$6,465$3,478$1,805$914$56
49 years$11,086$6,173$3,269$1,668$830$48
50 years$10,740$5,897$3,074$1,542$754$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $11,000,000, adding $2,213 every year, while hoping to spend $45,232 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: 67/11/22 Blend
54$11,000,000$11,000,000$11,000,000$11,000,000
55$12,124,283$11,541,283$11,370,783$12,868,781
56$13,312,833$12,058,679$11,703,577$13,885,794
57$14,621,100$12,599,912$12,046,005$14,992,173
58$16,061,245$13,166,101$12,398,340$16,201,060
59$17,646,673$13,758,421$12,760,865$17,522,550
60$19,392,151$14,378,101$13,133,871$18,967,757
61$21,313,951$15,026,428$13,517,656$20,548,909
62$23,430,005$15,704,754$13,912,528$22,279,474
63$25,760,070$16,414,491$14,318,802$24,174,273
64$28,325,918$17,157,122$14,736,803$26,249,627
65$31,151,539$17,934,199$15,166,864$28,523,504
66$34,263,370$18,747,349$15,609,328$31,015,688
67$37,690,540$19,598,276$16,064,547$33,747,965
68$41,465,150$20,488,765$16,532,884$36,744,322
69$45,622,570$21,420,690$17,014,710$40,031,178
70$50,201,778$22,396,010$17,510,409$43,637,623
71$55,245,725$23,416,780$18,020,374$47,595,698
72$60,801,741$24,485,154$18,545,008$51,940,689
73$66,921,980$25,603,388$19,084,727$56,711,457
74$73,663,916$26,773,848$19,639,959$61,950,808
75$81,090,879$27,999,010$20,211,142$67,705,889
76$89,272,660$29,281,473$20,798,726$74,028,629
77$98,286,164$30,623,957$21,403,176$80,976,231
78$108,216,137$32,029,316$22,024,967$88,611,704
79$119,155,968$33,500,537$22,664,588$97,004,457
80$131,208,568$35,040,755$23,322,543$106,230,950
81$144,487,343$36,653,253$23,999,349$116,375,410
82$159,117,260$38,341,470$24,695,536$127,530,626
83$175,236,034$40,109,016$25,411,649$139,798,816
84$192,995,420$41,959,668$26,148,250$153,292,593
85$212,562,651$43,897,390$26,905,915$168,136,019
86$234,122,013$45,926,333$27,685,234$184,465,775
87$257,876,586$48,050,851$28,486,817$202,432,442
88$284,050,160$50,275,506$29,311,288$222,201,923
89$312,889,349$52,605,078$30,159,289$243,957,001
90$344,665,917$55,044,581$31,031,479$267,899,058
91$379,679,343$57,599,268$31,928,537$294,249,973
92$418,259,649$60,274,646$32,851,156$323,254,209
93$460,770,517$63,076,487$33,800,054$355,181,114
94$507,612,718$66,010,843$34,775,963$390,327,459
95$559,227,896$69,084,056$35,779,640$429,020,234
96$616,102,742$72,302,775$36,811,857$471,619,723
97$678,773,580$75,673,969$37,873,413$518,522,902
98$747,831,437$79,204,945$38,965,124$570,167,180
99$823,927,618$82,903,362$40,087,830$627,034,517
100$907,779,856$86,777,248$41,242,394$689,655,967