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%17.5%
1 years$949,659$941,200$932,947$924,892$917,026$889,096
2 years$470,128$461,373$452,887$444,660$436,679$408,780
3 years$310,306$301,512$293,048$284,898$277,047$250,053
4 years$230,410$221,643$213,264$205,253$197,592$171,711
5 years$182,485$173,771$165,501$157,654$150,207$125,508
6 years$150,546$141,897$133,750$126,077$118,853$95,359
7 years$127,741$119,165$111,147$103,655$96,660$74,368
8 years$110,645$102,146$94,261$86,953$80,188$59,086
9 years$97,355$88,937$81,187$74,065$67,530$47,594
10 years$86,729$78,393$70,781$63,845$57,539$38,741
11 years$78,041$69,789$62,314$55,564$49,486$31,792
12 years$70,806$62,639$55,302$48,737$42,883$26,258
13 years$64,689$56,607$49,409$43,028$37,395$21,799
14 years$59,451$51,454$44,394$38,195$32,780$18,173
15 years$54,914$47,005$40,082$34,063$28,862$15,202
16 years$50,949$43,126$36,340$30,500$25,509$12,752
17 years$47,454$39,717$33,068$27,404$22,618$10,722
18 years$44,351$36,701$30,187$24,697$20,111$9,033
19 years$41,578$34,014$27,635$22,315$17,925$7,621
20 years$39,085$31,607$25,362$20,211$16,011$6,439
21 years$36,832$29,441$23,328$18,343$14,328$5,447
22 years$34,787$27,482$21,500$16,678$12,843$4,611
23 years$32,923$25,703$19,852$15,189$11,529$3,907
24 years$31,216$24,082$18,359$13,853$10,362$3,313
25 years$29,649$22,600$17,005$12,651$9,324$2,811
26 years$28,204$21,240$15,771$11,568$8,399$2,386
27 years$26,869$19,990$14,645$10,588$7,572$2,026
28 years$25,631$18,836$13,614$9,701$6,833$1,721
29 years$24,481$17,770$12,669$8,896$6,170$1,462
30 years$23,409$16,782$11,801$8,164$5,575$1,243
31 years$22,408$15,864$11,002$7,498$5,040$1,056
32 years$21,472$15,011$10,265$6,891$4,559$898
33 years$20,595$14,215$9,584$6,337$4,126$764
34 years$19,771$13,473$8,955$5,831$3,736$649
35 years$18,995$12,779$8,372$5,367$3,384$552
36 years$18,265$12,129$7,832$4,943$3,066$470
37 years$17,575$11,520$7,331$4,555$2,779$400
38 years$16,923$10,948$6,865$4,198$2,519$340
39 years$16,307$10,410$6,432$3,871$2,284$289
40 years$15,722$9,905$6,028$3,570$2,072$246
41 years$15,168$9,428$5,653$3,294$1,880$209
42 years$14,641$8,979$5,302$3,040$1,706$178
43 years$14,140$8,555$4,976$2,806$1,548$152
44 years$13,664$8,155$4,670$2,591$1,405$129
45 years$13,209$7,777$4,385$2,393$1,276$110
46 years$12,776$7,419$4,119$2,210$1,158$93
47 years$12,363$7,080$3,870$2,042$1,052$80
48 years$11,967$6,758$3,636$1,887$955$68
49 years$11,590$6,454$3,418$1,744$867$58
50 years$11,228$6,165$3,213$1,612$788$49

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 $5,169 every year, while hoping to spend $22,511 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: 62/26/12 Blend
64$11,500,000$11,500,000$11,500,000$11,500,000
65$12,678,332$12,068,832$11,890,582$13,428,240
66$13,947,570$12,636,253$12,264,965$14,498,967
67$15,345,516$13,230,723$12,651,135$15,664,188
68$16,885,275$13,853,545$13,049,464$16,935,544
69$18,581,286$14,506,081$13,460,334$18,323,320
70$20,449,462$15,189,764$13,884,140$19,838,827
71$22,507,338$15,906,094$14,321,290$21,494,505
72$24,774,236$16,656,642$14,772,203$23,304,038
73$27,271,449$17,443,058$15,237,312$25,282,477
74$30,022,441$18,267,072$15,717,066$27,446,380
75$33,053,066$19,130,495$16,211,924$29,813,964
76$36,391,818$20,035,229$16,722,363$32,405,275
77$40,070,094$20,983,265$17,248,873$35,242,367
78$44,122,493$21,976,695$17,791,959$38,349,515
79$48,587,142$23,017,707$18,352,145$41,753,429
80$53,506,056$24,108,600$18,929,967$45,483,510
81$58,925,534$25,251,783$19,525,982$49,572,117
82$64,896,598$26,449,779$20,140,761$54,054,869
83$71,475,472$27,705,239$20,774,897$58,970,977
84$78,724,112$29,020,937$21,428,998$64,363,605
85$86,710,794$30,399,787$22,103,693$70,280,275
86$95,510,759$31,844,840$22,799,630$76,773,305
87$105,206,917$33,359,297$23,517,478$83,900,301
88$115,890,635$34,946,516$24,257,927$91,724,689
89$127,662,601$36,610,016$25,021,688$100,316,311
90$140,633,767$38,353,488$25,809,495$109,752,072
91$154,926,404$40,180,801$26,622,106$120,116,662
92$170,675,252$42,096,015$27,460,301$131,503,344
93$188,028,792$44,103,384$28,324,886$144,014,828
94$207,150,650$46,207,372$29,216,691$157,764,229
95$228,221,140$48,412,657$30,136,574$172,876,128
96$251,438,966$50,724,146$31,085,418$189,487,735
97$277,023,096$53,146,985$32,064,136$207,750,175
98$305,214,835$55,686,570$33,073,667$227,829,904
99$336,280,095$58,348,559$34,114,982$249,910,271
100$370,511,913$61,138,886$35,189,082$274,193,229