Can I retire at age 55 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%14.3%
1 years$949,659$941,200$932,947$924,892$917,026$900,723
2 years$470,128$461,373$452,887$444,660$436,679$420,309
3 years$310,306$301,512$293,048$284,898$277,047$261,121
4 years$230,410$221,643$213,264$205,253$197,592$182,232
5 years$182,485$173,771$165,501$157,654$150,207$135,457
6 years$150,546$141,897$133,750$126,077$118,853$104,730
7 years$127,741$119,165$111,147$103,655$96,660$83,167
8 years$110,645$102,146$94,261$86,953$80,188$67,324
9 years$97,355$88,937$81,187$74,065$67,530$55,286
10 years$86,729$78,393$70,781$63,845$57,539$45,904
11 years$78,041$69,789$62,314$55,564$49,486$38,447
12 years$70,806$62,639$55,302$48,737$42,883$32,426
13 years$64,689$56,607$49,409$43,028$37,395$27,503
14 years$59,451$51,454$44,394$38,195$32,780$23,436
15 years$54,914$47,005$40,082$34,063$28,862$20,047
16 years$50,949$43,126$36,340$30,500$25,509$17,204
17 years$47,454$39,717$33,068$27,404$22,618$14,804
18 years$44,351$36,701$30,187$24,697$20,111$12,769
19 years$41,578$34,014$27,635$22,315$17,925$11,034
20 years$39,085$31,607$25,362$20,211$16,011$9,551
21 years$36,832$29,441$23,328$18,343$14,328$8,280
22 years$34,787$27,482$21,500$16,678$12,843$7,186
23 years$32,923$25,703$19,852$15,189$11,529$6,243
24 years$31,216$24,082$18,359$13,853$10,362$5,429
25 years$29,649$22,600$17,005$12,651$9,324$4,725
26 years$28,204$21,240$15,771$11,568$8,399$4,115
27 years$26,869$19,990$14,645$10,588$7,572$3,586
28 years$25,631$18,836$13,614$9,701$6,833$3,126
29 years$24,481$17,770$12,669$8,896$6,170$2,727
30 years$23,409$16,782$11,801$8,164$5,575$2,380
31 years$22,408$15,864$11,002$7,498$5,040$2,077
32 years$21,472$15,011$10,265$6,891$4,559$1,814
33 years$20,595$14,215$9,584$6,337$4,126$1,584
34 years$19,771$13,473$8,955$5,831$3,736$1,384
35 years$18,995$12,779$8,372$5,367$3,384$1,209
36 years$18,265$12,129$7,832$4,943$3,066$1,056
37 years$17,575$11,520$7,331$4,555$2,779$923
38 years$16,923$10,948$6,865$4,198$2,519$807
39 years$16,307$10,410$6,432$3,871$2,284$705
40 years$15,722$9,905$6,028$3,570$2,072$617
41 years$15,168$9,428$5,653$3,294$1,880$539
42 years$14,641$8,979$5,302$3,040$1,706$472
43 years$14,140$8,555$4,976$2,806$1,548$412
44 years$13,664$8,155$4,670$2,591$1,405$361
45 years$13,209$7,777$4,385$2,393$1,276$315
46 years$12,776$7,419$4,119$2,210$1,158$276
47 years$12,363$7,080$3,870$2,042$1,052$241
48 years$11,967$6,758$3,636$1,887$955$211
49 years$11,590$6,454$3,418$1,744$867$185
50 years$11,228$6,165$3,213$1,612$788$161

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $11,500,000, adding $6,465 every year, while hoping to spend $55,869 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: 44/34/22 Blend
54$11,500,000$11,500,000$11,500,000$11,500,000
55$12,679,669$12,070,169$11,891,919$13,156,470
56$13,913,551$12,602,163$12,230,854$14,026,115
57$15,271,416$13,158,352$12,579,271$14,962,236
58$16,765,852$13,739,863$12,937,428$15,975,828
59$18,410,729$14,347,876$13,305,591$17,074,096
60$20,221,328$14,983,626$13,684,033$18,264,954
61$22,214,488$15,648,409$14,073,033$19,557,091
62$24,408,764$16,343,579$14,472,878$20,960,054
63$26,824,600$17,070,557$14,883,862$22,484,330
64$29,484,525$17,830,830$15,306,287$24,141,441
65$32,413,363$18,625,957$15,740,464$25,944,050
66$35,638,467$19,457,570$16,186,711$27,906,075
67$39,189,979$20,327,378$16,645,353$30,042,815
68$43,101,110$21,237,174$17,116,726$32,371,090
69$47,408,460$22,188,832$17,601,173$34,909,392
70$52,152,358$23,184,320$18,099,047$37,678,059
71$57,377,243$24,225,695$18,610,709$40,699,454
72$63,132,084$25,315,117$19,136,531$43,998,176
73$69,470,843$26,454,844$19,676,891$47,601,282
74$76,452,983$27,647,246$20,232,181$51,538,539
75$84,144,030$28,894,803$20,802,801$55,842,695
76$92,616,187$30,200,115$21,389,162$60,549,780
77$101,949,023$31,565,905$21,991,683$65,699,444
78$112,230,217$32,995,028$22,610,798$71,335,315
79$123,556,387$34,490,473$23,246,948$77,505,411
80$136,034,006$36,055,373$23,900,588$84,262,578
81$149,780,400$37,693,012$24,572,184$91,664,982
82$164,924,861$39,406,829$25,262,211$99,776,650
83$181,609,862$41,200,430$25,971,161$108,668,062
84$199,992,408$43,077,591$26,699,535$118,416,807
85$220,245,511$45,042,270$27,447,847$129,108,306
86$242,559,828$47,098,616$28,216,624$140,836,602
87$267,145,457$49,250,975$29,006,408$153,705,243
88$294,233,923$51,503,902$29,817,752$167,828,240
89$324,080,361$53,862,171$30,651,225$183,331,136
90$356,965,925$56,330,784$31,507,408$200,352,173
91$393,200,441$58,914,985$32,386,898$219,043,586
92$433,125,334$61,620,267$33,290,306$239,573,024
93$477,116,847$64,452,389$34,218,261$262,125,116
94$525,589,595$67,417,385$35,171,402$286,903,201
95$579,000,479$70,521,582$36,150,389$314,131,224
96$637,852,996$73,771,608$37,155,895$344,055,842
97$702,701,996$77,174,411$38,188,612$376,948,723
98$774,158,915$80,737,273$39,249,246$413,109,101
99$852,897,552$84,467,827$40,338,524$452,866,574
100$939,660,424$88,374,072$41,457,186$496,584,197