Can I retire at age 67 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%18.7%
1 years$908,370$900,278$892,384$884,679$877,155$846,370
2 years$449,688$441,313$433,196$425,327$417,693$387,000
3 years$296,814$288,403$280,307$272,511$265,002$235,366
4 years$220,392$212,007$203,991$196,329$189,001$160,650
5 years$174,551$166,216$158,306$150,799$143,676$116,683
6 years$144,000$135,728$127,935$120,595$113,686$88,071
7 years$122,187$113,984$106,314$99,148$92,457$68,217
8 years$105,834$97,705$90,163$83,173$76,702$53,816
9 years$93,122$85,070$77,657$70,845$64,594$43,032
10 years$82,958$74,985$67,703$61,069$55,037$34,764
11 years$74,648$66,755$59,605$53,148$47,334$28,308
12 years$67,728$59,915$52,898$46,618$41,019$23,195
13 years$61,877$54,146$47,261$41,157$35,769$19,100
14 years$56,866$49,217$42,464$36,534$31,355$15,790
15 years$52,527$44,961$38,339$32,582$27,607$13,097
16 years$48,734$41,251$34,760$29,174$24,400$10,892
17 years$45,391$37,990$31,630$26,213$21,634$9,077
18 years$42,423$35,105$28,874$23,623$19,236$7,579
19 years$39,770$32,535$26,433$21,345$17,146$6,337
20 years$37,386$30,233$24,259$19,332$15,315$5,305
21 years$35,231$28,161$22,314$17,545$13,705$4,446
22 years$33,275$26,287$20,566$15,953$12,285$3,729
23 years$31,491$24,586$18,989$14,528$11,027$3,130
24 years$29,859$23,035$17,561$13,251$9,912$2,629
25 years$28,360$21,617$16,265$12,101$8,919$2,209
26 years$26,978$20,317$15,085$11,065$8,034$1,857
27 years$25,701$19,121$14,008$10,128$7,243$1,561
28 years$24,517$18,017$13,022$9,279$6,536$1,313
29 years$23,416$16,997$12,118$8,509$5,902$1,105
30 years$22,391$16,052$11,288$7,809$5,332$930
31 years$21,434$15,175$10,523$7,172$4,821$783
32 years$20,539$14,358$9,818$6,592$4,361$659
33 years$19,699$13,597$9,167$6,061$3,947$555
34 years$18,911$12,887$8,565$5,577$3,573$467
35 years$18,169$12,223$8,008$5,134$3,236$393
36 years$17,471$11,602$7,491$4,728$2,932$331
37 years$16,811$11,019$7,012$4,357$2,658$279
38 years$16,188$10,472$6,566$4,016$2,409$235
39 years$15,598$9,958$6,152$3,702$2,185$198
40 years$15,039$9,474$5,766$3,415$1,982$167
41 years$14,508$9,018$5,407$3,151$1,798$140
42 years$14,005$8,589$5,072$2,908$1,632$118
43 years$13,526$8,183$4,759$2,684$1,481$100
44 years$13,070$7,801$4,467$2,478$1,344$84
45 years$12,635$7,439$4,195$2,289$1,220$71
46 years$12,221$7,096$3,940$2,114$1,108$60
47 years$11,825$6,772$3,701$1,953$1,006$50
48 years$11,447$6,465$3,478$1,805$914$42
49 years$11,086$6,173$3,269$1,668$830$36
50 years$10,740$5,897$3,074$1,542$754$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $11,000,000, adding $5,173 every year, while hoping to spend $58,835 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: 53/28/19 Blend
66$11,000,000$11,000,000$11,000,000$11,000,000
67$12,127,336$11,544,336$11,373,836$12,706,922
68$13,301,724$12,047,408$11,692,259$13,608,162
69$14,593,928$12,573,160$12,019,378$14,581,691
70$16,015,903$13,122,638$12,355,422$15,639,741
71$17,580,821$13,696,944$12,700,624$16,790,373
72$19,303,197$14,297,226$13,055,227$18,042,450
73$21,199,022$14,924,689$13,419,477$19,405,716
74$23,285,919$15,580,596$13,793,626$20,890,883
75$25,583,305$16,266,267$14,177,934$22,509,730
76$28,112,573$16,983,086$14,572,666$24,275,212
77$30,897,300$17,732,501$14,978,095$26,201,577
78$33,963,463$18,516,031$15,394,499$28,304,499
79$37,339,685$19,335,266$15,822,163$30,601,218
80$41,057,507$20,191,869$16,261,381$33,110,704
81$45,151,687$21,087,584$16,712,451$35,853,827
82$49,660,522$22,024,239$17,175,681$38,853,552
83$54,626,215$23,003,746$17,651,386$42,135,152
84$60,095,267$24,028,108$18,139,886$45,726,440
85$66,118,925$25,099,425$18,641,512$49,658,027
86$72,753,654$26,219,897$19,156,602$53,963,605
87$80,061,680$27,391,825$19,685,501$58,680,262
88$88,111,570$28,617,622$20,228,564$63,848,824
89$96,978,882$29,899,818$20,786,153$69,514,236
90$106,746,878$31,241,058$21,358,638$75,725,977
91$117,507,307$32,644,119$21,946,401$82,538,526
92$129,361,277$34,111,905$22,549,830$90,011,864
93$142,420,200$35,647,461$23,169,322$98,212,037
94$156,806,852$37,253,978$23,805,286$107,211,769
95$172,656,526$38,934,798$24,458,138$117,091,145
96$190,118,311$40,693,422$25,128,305$127,938,354
97$209,356,499$42,533,520$25,816,223$139,850,515
98$230,552,135$44,458,936$26,522,340$152,934,586
99$253,904,726$46,473,696$27,247,111$167,308,367
100$279,634,123$48,582,023$27,991,005$183,101,593