Can I retire at age 65 with 11,300,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $11,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$933,143$924,831$916,722$908,807$901,078$864,985
2 years$461,952$453,349$445,011$436,926$429,085$393,175
3 years$304,909$296,268$287,951$279,943$272,229$237,633
4 years$226,403$217,789$209,555$201,683$194,156$161,137
5 years$179,311$170,749$162,623$154,912$147,594$116,236
6 years$147,927$139,429$131,424$123,884$116,786$87,109
7 years$125,519$117,093$109,214$101,852$94,979$66,971
8 years$108,720$100,370$92,622$85,441$78,794$52,426
9 years$95,662$87,390$79,775$72,777$66,356$41,588
10 years$85,221$77,030$69,550$62,734$56,538$33,322
11 years$76,684$68,575$61,231$54,598$48,625$26,904
12 years$69,575$61,550$54,341$47,890$42,137$21,854
13 years$63,564$55,623$48,550$42,279$36,745$17,836
14 years$58,417$50,560$43,622$37,531$32,210$14,612
15 years$53,959$46,187$39,385$33,471$28,360$12,008
16 years$50,063$42,376$35,708$29,970$25,065$9,892
17 years$46,629$39,027$32,493$26,927$22,224$8,166
18 years$43,580$36,062$29,662$24,267$19,761$6,752
19 years$40,855$33,422$27,154$21,927$17,613$5,590
20 years$38,405$31,057$24,921$19,859$15,732$4,633
21 years$36,192$28,929$22,922$18,024$14,079$3,844
22 years$34,182$27,004$21,126$16,388$12,620$3,191
23 years$32,350$25,256$19,506$14,925$11,328$2,651
24 years$30,673$23,664$18,040$13,612$10,182$2,204
25 years$29,133$22,207$16,709$12,431$9,162$1,833
26 years$27,714$20,871$15,497$11,367$8,253$1,525
27 years$26,402$19,642$14,390$10,404$7,441$1,269
28 years$25,185$18,509$13,377$9,532$6,714$1,056
29 years$24,055$17,461$12,449$8,741$6,063$879
30 years$23,002$16,490$11,596$8,022$5,478$732
31 years$22,019$15,588$10,810$7,368$4,953$609
32 years$21,099$14,750$10,086$6,771$4,480$508
33 years$20,237$13,968$9,417$6,227$4,054$423
34 years$19,427$13,239$8,799$5,729$3,671$352
35 years$18,665$12,557$8,227$5,274$3,325$293
36 years$17,947$11,918$7,696$4,857$3,012$244
37 years$17,269$11,320$7,203$4,475$2,730$204
38 years$16,629$10,758$6,745$4,125$2,475$170
39 years$16,023$10,229$6,320$3,803$2,245$141
40 years$15,449$9,732$5,923$3,508$2,036$118
41 years$14,904$9,264$5,554$3,237$1,847$98
42 years$14,387$8,823$5,210$2,987$1,676$82
43 years$13,894$8,407$4,889$2,757$1,521$68
44 years$13,426$8,013$4,589$2,546$1,381$57
45 years$12,980$7,641$4,309$2,351$1,253$47
46 years$12,554$7,290$4,047$2,172$1,138$39
47 years$12,148$6,956$3,802$2,007$1,033$33
48 years$11,759$6,641$3,573$1,854$938$27
49 years$11,388$6,342$3,358$1,714$852$23
50 years$11,033$6,058$3,157$1,584$774$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $11,300,000, adding $3,579 every year, while hoping to spend $34,421 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: 70/19/11 Blend
64$11,300,000$11,300,000$11,300,000$11,300,000
65$12,456,292$11,857,392$11,682,242$13,299,864
66$13,690,210$12,401,780$12,036,973$14,403,941
67$15,048,834$12,971,690$12,402,434$15,607,217
68$16,544,848$13,568,336$12,778,949$16,923,064
69$18,192,227$14,192,989$13,166,849$18,362,554
70$20,006,374$14,846,985$13,566,477$19,937,873
71$22,004,257$15,531,720$13,978,187$21,662,430
72$24,204,577$16,248,660$14,402,342$23,550,984
73$26,627,940$16,999,341$14,839,317$25,619,780
74$29,297,053$17,785,372$15,289,497$27,886,697
75$32,236,937$18,608,439$15,753,280$30,371,419
76$35,475,164$19,470,312$16,231,074$33,095,614
77$39,042,116$20,372,844$16,723,301$36,083,136
78$42,971,276$21,317,977$17,230,395$39,360,250
79$47,299,536$22,307,747$17,752,803$42,955,872
80$52,067,552$23,344,290$18,290,986$46,901,842
81$57,320,124$24,429,843$18,845,416$51,233,218
82$63,106,622$25,566,750$19,416,583$55,988,608
83$69,481,448$26,757,471$20,004,988$61,210,524
84$76,504,551$28,004,583$20,611,151$66,945,785
85$84,241,995$29,310,788$21,235,605$73,245,950
86$92,766,579$30,678,916$21,878,898$80,167,804
87$102,158,525$32,111,938$22,541,596$87,773,886
88$112,506,237$33,612,965$23,224,281$96,133,079
89$123,907,133$35,185,260$23,927,554$105,321,248
90$136,468,566$36,832,244$24,652,033$115,421,959
91$150,308,837$38,557,501$25,398,353$126,527,255
92$165,558,310$40,364,790$26,167,170$138,738,524
93$182,360,646$42,258,053$26,959,158$152,167,447
94$200,874,154$44,241,420$27,775,013$166,937,048
95$221,273,292$46,319,224$28,615,450$183,182,847
96$243,750,305$48,496,003$29,481,205$201,054,132
97$268,517,049$50,776,520$30,373,038$220,715,363
98$295,806,983$53,165,765$31,291,730$242,347,715
99$325,877,379$55,668,971$32,238,086$266,150,781
100$359,011,744$58,291,623$33,212,934$292,344,447