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%11.1%
1 years$949,659$941,200$932,947$924,892$917,026$912,778
2 years$470,128$461,373$452,887$444,660$436,679$432,391
3 years$310,306$301,512$293,048$284,898$277,047$272,852
4 years$230,410$221,643$213,264$205,253$197,592$193,522
5 years$182,485$173,771$165,501$157,654$150,207$146,274
6 years$150,546$141,897$133,750$126,077$118,853$115,063
7 years$127,741$119,165$111,147$103,655$96,660$93,013
8 years$110,645$102,146$94,261$86,953$80,188$76,687
9 years$97,355$88,937$81,187$74,065$67,530$64,172
10 years$86,729$78,393$70,781$63,845$57,539$54,323
11 years$78,041$69,789$62,314$55,564$49,486$46,410
12 years$70,806$62,639$55,302$48,737$42,883$39,945
13 years$64,689$56,607$49,409$43,028$37,395$34,591
14 years$59,451$51,454$44,394$38,195$32,780$30,108
15 years$54,914$47,005$40,082$34,063$28,862$26,319
16 years$50,949$43,126$36,340$30,500$25,509$23,090
17 years$47,454$39,717$33,068$27,404$22,618$20,320
18 years$44,351$36,701$30,187$24,697$20,111$17,931
19 years$41,578$34,014$27,635$22,315$17,925$15,859
20 years$39,085$31,607$25,362$20,211$16,011$14,055
21 years$36,832$29,441$23,328$18,343$14,328$12,478
22 years$34,787$27,482$21,500$16,678$12,843$11,094
23 years$32,923$25,703$19,852$15,189$11,529$9,878
24 years$31,216$24,082$18,359$13,853$10,362$8,805
25 years$29,649$22,600$17,005$12,651$9,324$7,857
26 years$28,204$21,240$15,771$11,568$8,399$7,018
27 years$26,869$19,990$14,645$10,588$7,572$6,273
28 years$25,631$18,836$13,614$9,701$6,833$5,612
29 years$24,481$17,770$12,669$8,896$6,170$5,023
30 years$23,409$16,782$11,801$8,164$5,575$4,499
31 years$22,408$15,864$11,002$7,498$5,040$4,032
32 years$21,472$15,011$10,265$6,891$4,559$3,615
33 years$20,595$14,215$9,584$6,337$4,126$3,242
34 years$19,771$13,473$8,955$5,831$3,736$2,909
35 years$18,995$12,779$8,372$5,367$3,384$2,611
36 years$18,265$12,129$7,832$4,943$3,066$2,344
37 years$17,575$11,520$7,331$4,555$2,779$2,105
38 years$16,923$10,948$6,865$4,198$2,519$1,891
39 years$16,307$10,410$6,432$3,871$2,284$1,698
40 years$15,722$9,905$6,028$3,570$2,072$1,526
41 years$15,168$9,428$5,653$3,294$1,880$1,372
42 years$14,641$8,979$5,302$3,040$1,706$1,233
43 years$14,140$8,555$4,976$2,806$1,548$1,108
44 years$13,664$8,155$4,670$2,591$1,405$997
45 years$13,209$7,777$4,385$2,393$1,276$896
46 years$12,776$7,419$4,119$2,210$1,158$806
47 years$12,363$7,080$3,870$2,042$1,052$725
48 years$11,967$6,758$3,636$1,887$955$652
49 years$11,590$6,454$3,418$1,744$867$586
50 years$11,228$6,165$3,213$1,612$788$528

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 $6,336 every year, while hoping to spend $24,865 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: 55/25/20 Blend
54$11,500,000$11,500,000$11,500,000$11,500,000
55$12,679,536$12,070,036$11,891,786$13,307,975
56$13,946,392$12,635,011$12,263,704$14,303,333
57$15,341,634$13,226,837$12,647,249$15,383,537
58$16,878,332$13,846,803$13,042,782$16,559,337
59$18,570,886$14,496,261$13,450,680$17,839,893
60$20,435,166$15,176,627$13,871,327$19,235,276
61$22,488,659$15,889,388$14,305,123$20,756,556
62$24,750,635$16,636,101$14,752,477$22,415,906
63$27,242,329$17,418,399$15,213,814$24,226,713
64$29,987,140$18,237,994$15,689,571$26,203,698
65$33,010,854$19,096,681$16,180,197$28,363,055
66$36,341,885$19,996,342$16,686,157$30,722,594
67$40,011,545$20,938,951$17,207,931$33,301,909
68$44,054,338$21,926,575$17,746,012$36,122,560
69$48,508,287$22,961,383$18,300,910$39,208,265
70$53,415,291$24,045,650$18,873,149$42,585,125
71$58,821,523$25,181,759$19,463,272$46,281,862
72$64,777,864$26,372,211$20,071,838$50,330,086
73$71,340,383$27,619,626$20,699,421$54,764,587
74$78,570,867$28,926,752$21,346,616$59,623,659
75$86,537,403$30,296,471$22,014,036$64,949,450
76$95,315,025$31,731,805$22,702,313$70,788,362
77$104,986,413$33,235,920$23,412,096$77,191,474
78$115,642,686$34,812,138$24,144,060$84,215,020
79$127,384,249$36,463,942$24,898,895$91,920,916
80$140,321,751$38,194,983$25,677,316$100,377,328
81$154,577,124$40,009,092$26,480,061$109,659,319
82$170,284,735$41,910,282$27,307,888$119,849,537
83$187,592,656$43,902,764$28,161,580$131,038,995
84$206,664,060$45,990,952$29,041,946$143,327,916
85$227,678,761$48,179,476$29,949,818$156,826,673
86$250,834,913$50,473,188$30,886,055$171,656,816
87$276,350,879$52,877,180$31,851,543$187,952,215
88$304,467,295$55,396,787$32,847,196$205,860,307
89$335,449,336$58,037,607$33,873,954$225,543,477
90$369,589,226$60,805,508$34,932,790$247,180,582
91$407,208,993$63,706,644$36,024,704$270,968,624
92$448,663,509$66,747,468$37,150,730$297,124,597
93$494,343,841$69,934,747$38,311,933$325,887,521
94$544,680,940$73,275,578$39,509,411$357,520,686
95$600,149,716$76,777,401$40,744,296$392,314,118
96$661,273,513$80,448,020$42,017,756$430,587,305
97$728,629,056$84,295,618$43,330,995$472,692,195
98$802,851,893$88,328,776$44,685,256$519,016,501
99$884,642,393$92,556,493$46,081,819$569,987,341
100$974,772,361$96,988,205$47,522,005$626,075,255