Can I retire at age 65 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%16.5%
1 years$908,370$900,278$892,384$884,679$877,155$853,872
2 years$449,688$441,313$433,196$425,327$417,693$394,398
3 years$296,814$288,403$280,307$272,511$265,002$242,424
4 years$220,392$212,007$203,991$196,329$189,001$167,315
5 years$174,551$166,216$158,306$150,799$143,676$122,940
6 years$144,000$135,728$127,935$120,595$113,686$93,920
7 years$122,187$113,984$106,314$99,148$92,457$73,663
8 years$105,834$97,705$90,163$83,173$76,702$58,871
9 years$93,122$85,070$77,657$70,845$64,594$47,709
10 years$82,958$74,985$67,703$61,069$55,037$39,078
11 years$74,648$66,755$59,605$53,148$47,334$32,276
12 years$67,728$59,915$52,898$46,618$41,019$26,834
13 years$61,877$54,146$47,261$41,157$35,769$22,428
14 years$56,866$49,217$42,464$36,534$31,355$18,827
15 years$52,527$44,961$38,339$32,582$27,607$15,861
16 years$48,734$41,251$34,760$29,174$24,400$13,401
17 years$45,391$37,990$31,630$26,213$21,634$11,350
18 years$42,423$35,105$28,874$23,623$19,236$9,632
19 years$39,770$32,535$26,433$21,345$17,146$8,189
20 years$37,386$30,233$24,259$19,332$15,315$6,972
21 years$35,231$28,161$22,314$17,545$13,705$5,943
22 years$33,275$26,287$20,566$15,953$12,285$5,071
23 years$31,491$24,586$18,989$14,528$11,027$4,330
24 years$29,859$23,035$17,561$13,251$9,912$3,701
25 years$28,360$21,617$16,265$12,101$8,919$3,165
26 years$26,978$20,317$15,085$11,065$8,034$2,708
27 years$25,701$19,121$14,008$10,128$7,243$2,318
28 years$24,517$18,017$13,022$9,279$6,536$1,985
29 years$23,416$16,997$12,118$8,509$5,902$1,701
30 years$22,391$16,052$11,288$7,809$5,332$1,457
31 years$21,434$15,175$10,523$7,172$4,821$1,249
32 years$20,539$14,358$9,818$6,592$4,361$1,071
33 years$19,699$13,597$9,167$6,061$3,947$918
34 years$18,911$12,887$8,565$5,577$3,573$787
35 years$18,169$12,223$8,008$5,134$3,236$675
36 years$17,471$11,602$7,491$4,728$2,932$579
37 years$16,811$11,019$7,012$4,357$2,658$497
38 years$16,188$10,472$6,566$4,016$2,409$426
39 years$15,598$9,958$6,152$3,702$2,185$366
40 years$15,039$9,474$5,766$3,415$1,982$314
41 years$14,508$9,018$5,407$3,151$1,798$269
42 years$14,005$8,589$5,072$2,908$1,632$231
43 years$13,526$8,183$4,759$2,684$1,481$198
44 years$13,070$7,801$4,467$2,478$1,344$170
45 years$12,635$7,439$4,195$2,289$1,220$146
46 years$12,221$7,096$3,940$2,114$1,108$125
47 years$11,825$6,772$3,701$1,953$1,006$108
48 years$11,447$6,465$3,478$1,805$914$92
49 years$11,086$6,173$3,269$1,668$830$79
50 years$10,740$5,897$3,074$1,542$754$68

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $11,000,000, adding $4,737 every year, while hoping to spend $51,580 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: 56/17/27 Blend
64$11,000,000$11,000,000$11,000,000$11,000,000
65$12,126,886$11,543,886$11,373,386$12,715,688
66$13,308,948$12,054,656$11,699,514$13,631,704
67$14,609,851$12,588,725$12,034,838$14,623,457
68$16,041,663$13,147,179$12,379,613$15,702,987
69$17,617,681$13,731,159$12,734,098$16,878,774
70$19,352,555$14,341,857$13,098,561$18,160,148
71$21,262,429$14,980,521$13,473,276$19,557,371
72$23,365,092$15,648,462$13,858,526$21,081,732
73$25,680,144$16,347,049$14,254,599$22,745,654
74$28,229,183$17,077,719$14,661,792$24,562,803
75$31,036,009$17,841,976$15,080,411$26,548,219
76$34,126,845$18,641,397$15,510,769$28,718,457
77$37,530,590$19,477,632$15,953,186$31,091,731
78$41,279,085$20,352,410$16,407,993$33,688,094
79$45,407,418$21,267,545$16,875,527$36,529,617
80$49,954,254$22,224,934$17,356,137$39,640,596
81$54,962,199$23,226,567$17,850,178$43,047,779
82$60,478,201$24,274,526$18,358,017$46,780,612
83$66,553,996$25,370,996$18,880,029$50,871,516
84$73,246,593$26,518,265$19,416,599$55,356,190
85$80,618,814$27,718,728$19,968,124$60,273,938
86$88,739,885$28,974,898$20,535,008$65,668,045
87$97,686,091$30,289,405$21,117,668$71,586,171
88$107,541,494$31,665,008$21,716,532$78,080,806
89$118,398,728$33,104,595$22,332,037$85,209,752
90$130,359,872$34,611,194$22,964,634$93,036,671
91$143,537,413$36,187,977$23,614,784$101,631,675
92$158,055,310$37,838,268$24,282,960$111,071,987
93$174,050,161$39,565,552$24,969,648$121,442,661
94$191,672,492$41,373,479$25,675,346$132,837,381
95$211,088,181$43,265,875$26,400,565$145,359,337
96$232,480,022$45,246,748$27,145,829$159,122,198
97$256,049,446$47,320,301$27,911,677$174,251,170
98$282,018,430$49,490,937$28,698,659$190,884,180
99$310,631,587$51,763,270$29,507,341$209,173,162
100$342,158,476$54,142,136$30,338,303$229,285,493