Can I retire at age 65 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%19.6%
1 years$949,659$941,200$932,947$924,892$917,026$881,687
2 years$470,128$461,373$452,887$444,660$436,679$401,497
3 years$310,306$301,512$293,048$284,898$277,047$243,129
4 years$230,410$221,643$213,264$205,253$197,592$165,197
5 years$182,485$173,771$165,501$157,654$150,207$119,417
6 years$150,546$141,897$133,750$126,077$118,853$89,690
7 years$127,741$119,165$111,147$103,655$96,660$69,113
8 years$110,645$102,146$94,261$86,953$80,188$54,232
9 years$97,355$88,937$81,187$74,065$67,530$43,127
10 years$86,729$78,393$70,781$63,845$57,539$34,642
11 years$78,041$69,789$62,314$55,564$49,486$28,044
12 years$70,806$62,639$55,302$48,737$42,883$22,841
13 years$64,689$56,607$49,409$43,028$37,395$18,693
14 years$59,451$51,454$44,394$38,195$32,780$15,357
15 years$54,914$47,005$40,082$34,063$28,862$12,656
16 years$50,949$43,126$36,340$30,500$25,509$10,456
17 years$47,454$39,717$33,068$27,404$22,618$8,657
18 years$44,351$36,701$30,187$24,697$20,111$7,179
19 years$41,578$34,014$27,635$22,315$17,925$5,962
20 years$39,085$31,607$25,362$20,211$16,011$4,957
21 years$36,832$29,441$23,328$18,343$14,328$4,125
22 years$34,787$27,482$21,500$16,678$12,843$3,436
23 years$32,923$25,703$19,852$15,189$11,529$2,863
24 years$31,216$24,082$18,359$13,853$10,362$2,388
25 years$29,649$22,600$17,005$12,651$9,324$1,992
26 years$28,204$21,240$15,771$11,568$8,399$1,662
27 years$26,869$19,990$14,645$10,588$7,572$1,388
28 years$25,631$18,836$13,614$9,701$6,833$1,159
29 years$24,481$17,770$12,669$8,896$6,170$968
30 years$23,409$16,782$11,801$8,164$5,575$808
31 years$22,408$15,864$11,002$7,498$5,040$675
32 years$21,472$15,011$10,265$6,891$4,559$564
33 years$20,595$14,215$9,584$6,337$4,126$472
34 years$19,771$13,473$8,955$5,831$3,736$394
35 years$18,995$12,779$8,372$5,367$3,384$329
36 years$18,265$12,129$7,832$4,943$3,066$275
37 years$17,575$11,520$7,331$4,555$2,779$230
38 years$16,923$10,948$6,865$4,198$2,519$192
39 years$16,307$10,410$6,432$3,871$2,284$161
40 years$15,722$9,905$6,028$3,570$2,072$134
41 years$15,168$9,428$5,653$3,294$1,880$112
42 years$14,641$8,979$5,302$3,040$1,706$94
43 years$14,140$8,555$4,976$2,806$1,548$79
44 years$13,664$8,155$4,670$2,591$1,405$66
45 years$13,209$7,777$4,385$2,393$1,276$55
46 years$12,776$7,419$4,119$2,210$1,158$46
47 years$12,363$7,080$3,870$2,042$1,052$38
48 years$11,967$6,758$3,636$1,887$955$32
49 years$11,590$6,454$3,418$1,744$867$27
50 years$11,228$6,165$3,213$1,612$788$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $11,500,000, adding $4,256 every year, while hoping to spend $32,958 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: 80/13/7 Blend
64$11,500,000$11,500,000$11,500,000$11,500,000
65$12,677,390$12,067,890$11,889,640$13,681,845
66$13,935,417$12,624,150$12,252,876$14,896,620
67$15,320,658$13,206,561$12,627,176$16,224,450
68$16,846,054$13,816,372$13,012,875$17,680,406
69$18,525,865$14,454,888$13,410,320$19,277,261
70$20,375,804$15,123,478$13,819,867$21,029,081
71$22,413,187$15,823,580$14,241,883$22,951,355
72$24,657,093$16,556,696$14,676,747$25,061,134
73$27,128,547$17,324,404$15,124,849$27,377,198
74$29,850,717$18,128,358$15,586,589$29,920,227
75$32,849,132$18,970,290$16,062,382$32,712,993
76$36,151,925$19,852,016$16,552,654$35,780,577
77$39,790,097$20,775,441$17,057,843$39,150,601
78$43,797,809$21,742,559$17,578,403$42,853,486
79$48,212,705$22,755,464$18,114,799$46,922,739
80$53,076,267$23,816,348$18,667,511$51,395,263
81$58,434,208$24,927,510$19,237,033$56,311,708
82$64,336,899$26,091,360$19,823,876$61,716,849
83$70,839,850$27,310,424$20,428,564$67,660,005
84$78,004,231$28,587,351$21,051,637$74,195,503
85$85,897,449$29,924,917$21,693,652$81,383,188
86$94,593,783$31,326,033$22,355,184$89,288,985
87$104,175,089$32,793,749$23,036,824$97,985,516
88$114,731,570$34,331,264$23,739,179$107,552,784
89$126,362,627$35,941,933$24,462,878$118,078,924
90$139,177,797$37,629,270$25,208,567$129,661,030
91$153,297,790$39,396,961$25,976,911$142,406,071
92$168,855,623$41,248,871$26,768,596$156,431,893
93$185,997,881$43,189,050$27,584,328$171,868,327
94$204,886,097$45,221,745$28,424,835$188,858,414
95$225,698,279$47,351,411$29,290,867$207,559,747
96$248,630,588$49,582,715$30,183,196$228,145,955
97$273,899,192$51,920,552$31,102,617$250,808,335
98$301,742,304$54,370,054$32,049,950$275,757,657
99$332,422,434$56,936,601$33,026,038$303,226,144
100$366,228,863$59,625,835$34,031,751$333,469,659