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%15%
1 years$949,659$941,200$932,947$924,892$917,026$898,144
2 years$470,128$461,373$452,887$444,660$436,679$417,741
3 years$310,306$301,512$293,048$284,898$277,047$258,645
4 years$230,410$221,643$213,264$205,253$197,592$179,867
5 years$182,485$173,771$165,501$157,654$150,207$133,209
6 years$150,546$141,897$133,750$126,077$118,853$102,601
7 years$127,741$119,165$111,147$103,655$96,660$81,157
8 years$110,645$102,146$94,261$86,953$80,188$65,430
9 years$97,355$88,937$81,187$74,065$67,530$53,506
10 years$86,729$78,393$70,781$63,845$57,539$44,235
11 years$78,041$69,789$62,314$55,564$49,486$36,886
12 years$70,806$62,639$55,302$48,737$42,883$30,969
13 years$64,689$56,607$49,409$43,028$37,395$26,145
14 years$59,451$51,454$44,394$38,195$32,780$22,174
15 years$54,914$47,005$40,082$34,063$28,862$18,876
16 years$50,949$43,126$36,340$30,500$25,509$16,120
17 years$47,454$39,717$33,068$27,404$22,618$13,802
18 years$44,351$36,701$30,187$24,697$20,111$11,843
19 years$41,578$34,014$27,635$22,315$17,925$10,182
20 years$39,085$31,607$25,362$20,211$16,011$8,767
21 years$36,832$29,441$23,328$18,343$14,328$7,559
22 years$34,787$27,482$21,500$16,678$12,843$6,526
23 years$32,923$25,703$19,852$15,189$11,529$5,639
24 years$31,216$24,082$18,359$13,853$10,362$4,877
25 years$29,649$22,600$17,005$12,651$9,324$4,221
26 years$28,204$21,240$15,771$11,568$8,399$3,655
27 years$26,869$19,990$14,645$10,588$7,572$3,167
28 years$25,631$18,836$13,614$9,701$6,833$2,746
29 years$24,481$17,770$12,669$8,896$6,170$2,381
30 years$23,409$16,782$11,801$8,164$5,575$2,066
31 years$22,408$15,864$11,002$7,498$5,040$1,793
32 years$21,472$15,011$10,265$6,891$4,559$1,556
33 years$20,595$14,215$9,584$6,337$4,126$1,351
34 years$19,771$13,473$8,955$5,831$3,736$1,173
35 years$18,995$12,779$8,372$5,367$3,384$1,019
36 years$18,265$12,129$7,832$4,943$3,066$885
37 years$17,575$11,520$7,331$4,555$2,779$769
38 years$16,923$10,948$6,865$4,198$2,519$668
39 years$16,307$10,410$6,432$3,871$2,284$581
40 years$15,722$9,905$6,028$3,570$2,072$505
41 years$15,168$9,428$5,653$3,294$1,880$439
42 years$14,641$8,979$5,302$3,040$1,706$381
43 years$14,140$8,555$4,976$2,806$1,548$332
44 years$13,664$8,155$4,670$2,591$1,405$288
45 years$13,209$7,777$4,385$2,393$1,276$251
46 years$12,776$7,419$4,119$2,210$1,158$218
47 years$12,363$7,080$3,870$2,042$1,052$189
48 years$11,967$6,758$3,636$1,887$955$165
49 years$11,590$6,454$3,418$1,744$867$143
50 years$11,228$6,165$3,213$1,612$788$124

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 $2,310 every year, while hoping to spend $20,896 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: 60/22/18 Blend
54$11,500,000$11,500,000$11,500,000$11,500,000
55$12,675,383$12,065,883$11,887,633$13,376,798
56$13,946,039$12,634,878$12,263,635$14,420,136
57$15,345,601$13,231,053$12,651,534$15,555,328
58$16,887,196$13,855,719$13,051,704$16,793,291
59$18,585,289$14,510,248$13,464,535$18,143,979
60$20,455,819$15,196,081$13,890,427$19,618,339
61$22,516,350$15,914,726$14,329,794$21,228,408
62$24,786,237$16,667,767$14,783,062$22,987,430
63$27,286,810$17,456,864$15,250,670$24,909,971
64$30,041,570$18,283,756$15,733,073$27,012,058
65$33,076,419$19,150,268$16,230,740$29,311,324
66$36,419,896$20,058,314$16,744,152$31,827,172
67$40,103,453$21,009,899$17,273,809$34,580,953
68$44,161,747$22,007,126$17,820,223$37,596,164
69$48,632,972$23,052,202$18,383,927$40,898,666
70$53,559,213$24,147,438$18,965,467$44,516,920
71$58,986,849$25,295,259$19,565,407$48,482,259
72$64,966,990$26,498,208$20,184,330$52,829,170
73$71,555,954$27,758,952$20,822,837$57,595,619
74$78,815,807$29,080,286$21,481,546$62,823,403
75$86,814,940$30,465,141$22,161,099$68,558,539
76$95,628,722$31,916,591$22,862,155$74,851,694
77$105,340,208$33,437,860$23,585,393$81,758,652
78$116,040,922$35,032,328$24,331,517$89,340,842
79$127,831,724$36,703,540$25,101,250$97,665,904
80$140,823,758$38,455,211$25,895,340$106,808,323
81$155,139,505$40,291,241$26,714,558$116,850,128
82$170,913,938$42,215,715$27,559,698$127,881,654
83$188,295,794$44,232,919$28,431,583$140,002,386
84$207,448,981$46,347,349$29,331,058$153,321,897
85$228,554,125$48,563,717$30,258,996$167,960,866
86$251,810,272$50,886,965$31,216,298$184,052,211
87$277,436,770$53,322,276$32,203,894$201,742,334
88$305,675,339$55,875,086$33,222,743$221,192,492
89$336,792,352$58,551,095$34,273,834$242,580,313
90$371,081,353$61,356,279$35,358,188$266,101,455
91$408,865,820$64,296,906$36,476,857$291,971,446
92$450,502,230$67,379,551$37,630,928$320,427,706
93$496,383,415$70,611,106$38,821,521$351,731,777
94$546,942,274$73,998,801$40,049,793$386,171,774
95$602,655,861$77,550,217$41,316,936$424,065,098
96$664,049,887$81,273,305$42,624,181$465,761,412
97$731,703,681$85,176,403$43,972,797$511,645,930
98$806,255,665$89,268,255$45,364,094$562,143,037
99$888,409,375$93,558,032$46,799,423$617,720,279
100$978,940,105$98,055,350$48,280,178$678,892,761