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%19%
1 years$908,370$900,278$892,384$884,679$877,155$845,361
2 years$449,688$441,313$433,196$425,327$417,693$386,010
3 years$296,814$288,403$280,307$272,511$265,002$234,425
4 years$220,392$212,007$203,991$196,329$189,001$159,766
5 years$174,551$166,216$158,306$150,799$143,676$115,857
6 years$144,000$135,728$127,935$120,595$113,686$87,304
7 years$122,187$113,984$106,314$99,148$92,457$67,506
8 years$105,834$97,705$90,163$83,173$76,702$53,161
9 years$93,122$85,070$77,657$70,845$64,594$42,431
10 years$82,958$74,985$67,703$61,069$55,037$34,213
11 years$74,648$66,755$59,605$53,148$47,334$27,805
12 years$67,728$59,915$52,898$46,618$41,019$22,737
13 years$61,877$54,146$47,261$41,157$35,769$18,684
14 years$56,866$49,217$42,464$36,534$31,355$15,415
15 years$52,527$44,961$38,339$32,582$27,607$12,758
16 years$48,734$41,251$34,760$29,174$24,400$10,587
17 years$45,391$37,990$31,630$26,213$21,634$8,804
18 years$42,423$35,105$28,874$23,623$19,236$7,334
19 years$39,770$32,535$26,433$21,345$17,146$6,118
20 years$37,386$30,233$24,259$19,332$15,315$5,110
21 years$35,231$28,161$22,314$17,545$13,705$4,273
22 years$33,275$26,287$20,566$15,953$12,285$3,575
23 years$31,491$24,586$18,989$14,528$11,027$2,994
24 years$29,859$23,035$17,561$13,251$9,912$2,508
25 years$28,360$21,617$16,265$12,101$8,919$2,103
26 years$26,978$20,317$15,085$11,065$8,034$1,763
27 years$25,701$19,121$14,008$10,128$7,243$1,479
28 years$24,517$18,017$13,022$9,279$6,536$1,241
29 years$23,416$16,997$12,118$8,509$5,902$1,042
30 years$22,391$16,052$11,288$7,809$5,332$874
31 years$21,434$15,175$10,523$7,172$4,821$734
32 years$20,539$14,358$9,818$6,592$4,361$617
33 years$19,699$13,597$9,167$6,061$3,947$518
34 years$18,911$12,887$8,565$5,577$3,573$435
35 years$18,169$12,223$8,008$5,134$3,236$365
36 years$17,471$11,602$7,491$4,728$2,932$307
37 years$16,811$11,019$7,012$4,357$2,658$258
38 years$16,188$10,472$6,566$4,016$2,409$217
39 years$15,598$9,958$6,152$3,702$2,185$182
40 years$15,039$9,474$5,766$3,415$1,982$153
41 years$14,508$9,018$5,407$3,151$1,798$128
42 years$14,005$8,589$5,072$2,908$1,632$108
43 years$13,526$8,183$4,759$2,684$1,481$91
44 years$13,070$7,801$4,467$2,478$1,344$76
45 years$12,635$7,439$4,195$2,289$1,220$64
46 years$12,221$7,096$3,940$2,114$1,108$54
47 years$11,825$6,772$3,701$1,953$1,006$45
48 years$11,447$6,465$3,478$1,805$914$38
49 years$11,086$6,173$3,269$1,668$830$32
50 years$10,740$5,897$3,074$1,542$754$27

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 $2,472 every year, while hoping to spend $51,552 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: 59/32/9 Blend
54$11,000,000$11,000,000$11,000,000$11,000,000
55$12,124,550$11,541,550$11,371,050$12,814,884
56$13,306,403$12,052,235$11,697,129$13,789,586
57$14,607,077$12,586,216$12,032,404$14,845,827
58$16,038,638$13,144,579$12,377,129$15,996,236
59$17,614,380$13,728,464$12,731,563$17,249,863
60$19,348,951$14,339,063$13,095,975$18,616,658
61$21,258,493$14,977,626$13,470,639$20,107,560
62$23,360,790$15,645,460$13,855,836$21,734,598
63$25,675,440$16,343,937$14,251,856$23,511,002
64$28,224,037$17,074,493$14,658,996$25,451,322
65$31,030,378$17,838,632$15,077,561$27,571,562
66$34,120,681$18,637,929$15,507,863$29,889,328
67$37,523,838$19,474,036$15,950,225$32,423,989
68$41,271,688$20,348,682$16,404,975$35,196,857
69$45,399,311$21,263,678$16,872,453$38,231,382
70$49,945,366$22,220,924$17,353,006$41,553,367
71$54,952,452$23,222,407$17,846,990$45,191,210
72$60,467,509$24,270,212$18,354,771$49,176,165
73$66,542,264$25,366,522$18,876,725$53,542,631
74$73,233,716$26,513,623$19,413,236$58,328,474
75$80,604,677$27,713,912$19,964,702$63,575,371
76$88,724,362$28,969,901$20,531,527$69,329,207
77$97,669,041$30,284,221$21,114,128$75,640,493
78$107,522,764$31,659,629$21,712,932$82,564,843
79$118,378,149$33,099,013$22,328,377$90,163,484
80$130,337,256$34,605,401$22,960,914$98,503,835
81$143,512,555$36,181,965$23,611,004$107,660,127
82$158,027,983$37,832,028$24,279,120$117,714,102
83$174,020,115$39,559,075$24,965,748$128,755,773
84$191,639,453$41,366,756$25,671,386$140,884,266
85$211,051,846$43,258,895$26,396,546$154,208,745
86$232,440,055$45,239,503$27,141,752$168,849,431
87$256,005,481$47,312,778$27,907,541$184,938,732
88$281,970,061$49,483,126$28,694,465$202,622,477
89$310,578,367$51,755,159$29,503,089$222,061,284
90$342,099,912$54,133,713$30,333,994$243,432,061
91$376,831,695$56,623,857$31,187,775$266,929,669
92$415,101,005$59,230,903$32,065,042$292,768,744
93$457,268,506$61,960,416$32,966,420$321,185,711
94$503,731,650$64,818,233$33,892,551$352,441,003
95$554,928,420$67,810,467$34,844,093$386,821,503
96$611,341,468$70,943,530$35,821,720$424,643,236
97$673,502,674$74,224,139$36,826,123$466,254,339
98$741,998,160$77,659,335$37,858,012$512,038,329
99$817,473,830$81,256,500$38,918,113$562,417,702
100$900,641,462$85,023,370$40,007,171$617,857,912