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%11.9%
1 years$949,659$941,200$932,947$924,892$917,026$909,723
2 years$470,128$461,373$452,887$444,660$436,679$429,317
3 years$310,306$301,512$293,048$284,898$277,047$269,854
4 years$230,410$221,643$213,264$205,253$197,592$190,624
5 years$182,485$173,771$165,501$157,654$150,207$143,484
6 years$150,546$141,897$133,750$126,077$118,853$112,385
7 years$127,741$119,165$111,147$103,655$96,660$90,448
8 years$110,645$102,146$94,261$86,953$80,188$74,233
9 years$97,355$88,937$81,187$74,065$67,530$61,830
10 years$86,729$78,393$70,781$63,845$57,539$52,091
11 years$78,041$69,789$62,314$55,564$49,486$44,285
12 years$70,806$62,639$55,302$48,737$42,883$37,926
13 years$64,689$56,607$49,409$43,028$37,395$32,675
14 years$59,451$51,454$44,394$38,195$32,780$28,292
15 years$54,914$47,005$40,082$34,063$28,862$24,600
16 years$50,949$43,126$36,340$30,500$25,509$21,465
17 years$47,454$39,717$33,068$27,404$22,618$18,786
18 years$44,351$36,701$30,187$24,697$20,111$16,484
19 years$41,578$34,014$27,635$22,315$17,925$14,496
20 years$39,085$31,607$25,362$20,211$16,011$12,773
21 years$36,832$29,441$23,328$18,343$14,328$11,273
22 years$34,787$27,482$21,500$16,678$12,843$9,964
23 years$32,923$25,703$19,852$15,189$11,529$8,818
24 years$31,216$24,082$18,359$13,853$10,362$7,813
25 years$29,649$22,600$17,005$12,651$9,324$6,929
26 years$28,204$21,240$15,771$11,568$8,399$6,150
27 years$26,869$19,990$14,645$10,588$7,572$5,463
28 years$25,631$18,836$13,614$9,701$6,833$4,856
29 years$24,481$17,770$12,669$8,896$6,170$4,319
30 years$23,409$16,782$11,801$8,164$5,575$3,843
31 years$22,408$15,864$11,002$7,498$5,040$3,422
32 years$21,472$15,011$10,265$6,891$4,559$3,048
33 years$20,595$14,215$9,584$6,337$4,126$2,715
34 years$19,771$13,473$8,955$5,831$3,736$2,420
35 years$18,995$12,779$8,372$5,367$3,384$2,158
36 years$18,265$12,129$7,832$4,943$3,066$1,924
37 years$17,575$11,520$7,331$4,555$2,779$1,716
38 years$16,923$10,948$6,865$4,198$2,519$1,531
39 years$16,307$10,410$6,432$3,871$2,284$1,366
40 years$15,722$9,905$6,028$3,570$2,072$1,219
41 years$15,168$9,428$5,653$3,294$1,880$1,088
42 years$14,641$8,979$5,302$3,040$1,706$972
43 years$14,140$8,555$4,976$2,806$1,548$867
44 years$13,664$8,155$4,670$2,591$1,405$775
45 years$13,209$7,777$4,385$2,393$1,276$692
46 years$12,776$7,419$4,119$2,210$1,158$618
47 years$12,363$7,080$3,870$2,042$1,052$552
48 years$11,967$6,758$3,636$1,887$955$493
49 years$11,590$6,454$3,418$1,744$867$440
50 years$11,228$6,165$3,213$1,612$788$393

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 $3,021 every year, while hoping to spend $46,803 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: 47/39/14 Blend
54$11,500,000$11,500,000$11,500,000$11,500,000
55$12,676,116$12,066,616$11,888,366$13,221,945
56$13,919,282$12,608,082$12,236,828$14,141,565
57$15,287,682$13,174,512$12,595,395$15,134,039
58$16,794,041$13,767,078$12,964,357$16,210,169
59$18,452,379$14,387,011$13,344,009$17,377,761
60$20,278,147$15,035,599$13,734,658$18,645,389
61$22,288,367$15,714,193$14,136,618$20,022,469
62$24,501,797$16,424,205$14,550,211$21,519,341
63$26,939,108$17,167,119$14,975,771$23,147,365
64$29,623,076$17,944,486$15,413,638$24,919,022
65$32,578,798$18,757,934$15,864,163$26,848,029
66$35,833,930$19,609,168$16,327,707$28,949,460
67$39,418,946$20,499,972$16,804,641$31,239,881
68$43,367,428$21,432,220$17,295,346$33,737,508
69$47,716,378$22,407,872$17,800,213$36,462,365
70$52,506,575$23,428,984$18,319,646$39,436,471
71$57,782,949$24,497,708$18,854,058$42,684,040
72$63,595,016$25,616,302$19,403,875$46,231,703
73$69,997,338$26,787,131$19,969,535$50,108,749
74$77,050,039$28,012,672$20,551,486$54,347,399
75$84,819,373$29,295,524$21,150,192$58,983,099
76$93,378,352$30,638,408$21,766,126$64,054,846
77$102,807,431$32,044,176$22,399,778$69,605,549
78$113,195,266$33,515,818$23,051,648$75,682,423
79$124,639,557$35,056,467$23,722,252$82,337,427
80$137,247,965$36,669,407$24,412,120$89,627,742
81$151,139,128$38,358,078$25,121,797$97,616,304
82$166,443,784$40,126,089$25,851,842$106,372,382
83$183,306,001$41,977,219$26,602,830$115,972,227
84$201,884,541$43,915,430$27,375,353$126,499,774
85$222,354,353$45,944,875$28,170,016$138,047,423
86$244,908,230$48,069,907$28,987,445$150,716,900
87$269,758,626$50,295,088$29,828,280$164,620,204
88$297,139,658$52,625,201$30,693,180$179,880,645
89$327,309,325$55,065,257$31,582,823$196,633,999
90$360,551,932$57,620,510$32,497,904$215,029,771
91$397,180,782$60,296,469$33,439,137$235,232,589
92$437,541,131$63,098,904$34,407,256$257,423,743
93$482,013,444$66,033,868$35,403,017$281,802,876
94$531,016,991$69,107,704$36,427,194$308,589,853
95$585,013,802$72,327,060$37,480,584$338,026,813
96$644,513,031$75,698,906$38,564,004$370,380,437
97$710,075,757$79,230,550$39,678,295$405,944,441
98$782,320,286$82,929,649$40,824,320$445,042,331
99$861,927,987$86,804,233$42,002,967$488,030,427
100$949,649,721$90,862,720$43,215,145$535,301,207