Can I retire at age 67 with 11,300,000?

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 $11,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$933,143$924,831$916,722$908,807$901,078$882,885
2 years$461,952$453,349$445,011$436,926$429,085$410,835
3 years$304,909$296,268$287,951$279,943$272,229$254,492
4 years$226,403$217,789$209,555$201,683$194,156$177,069
5 years$179,311$170,749$162,623$154,912$147,594$131,205
6 years$147,927$139,429$131,424$123,884$116,786$101,113
7 years$125,519$117,093$109,214$101,852$94,979$80,024
8 years$108,720$100,370$92,622$85,441$78,794$64,555
9 years$95,662$87,390$79,775$72,777$66,356$52,822
10 years$85,221$77,030$69,550$62,734$56,538$43,697
11 years$76,684$68,575$61,231$54,598$48,625$36,460
12 years$69,575$61,550$54,341$47,890$42,137$30,631
13 years$63,564$55,623$48,550$42,279$36,745$25,877
14 years$58,417$50,560$43,622$37,531$32,210$21,961
15 years$53,959$46,187$39,385$33,471$28,360$18,708
16 years$50,063$42,376$35,708$29,970$25,065$15,988
17 years$46,629$39,027$32,493$26,927$22,224$13,698
18 years$43,580$36,062$29,662$24,267$19,761$11,763
19 years$40,855$33,422$27,154$21,927$17,613$10,120
20 years$38,405$31,057$24,921$19,859$15,732$8,721
21 years$36,192$28,929$22,922$18,024$14,079$7,525
22 years$34,182$27,004$21,126$16,388$12,620$6,501
23 years$32,350$25,256$19,506$14,925$11,328$5,622
24 years$30,673$23,664$18,040$13,612$10,182$4,866
25 years$29,133$22,207$16,709$12,431$9,162$4,215
26 years$27,714$20,871$15,497$11,367$8,253$3,653
27 years$26,402$19,642$14,390$10,404$7,441$3,168
28 years$25,185$18,509$13,377$9,532$6,714$2,749
29 years$24,055$17,461$12,449$8,741$6,063$2,386
30 years$23,002$16,490$11,596$8,022$5,478$2,071
31 years$22,019$15,588$10,810$7,368$4,953$1,799
32 years$21,099$14,750$10,086$6,771$4,480$1,563
33 years$20,237$13,968$9,417$6,227$4,054$1,358
34 years$19,427$13,239$8,799$5,729$3,671$1,181
35 years$18,665$12,557$8,227$5,274$3,325$1,026
36 years$17,947$11,918$7,696$4,857$3,012$892
37 years$17,269$11,320$7,203$4,475$2,730$776
38 years$16,629$10,758$6,745$4,125$2,475$675
39 years$16,023$10,229$6,320$3,803$2,245$587
40 years$15,449$9,732$5,923$3,508$2,036$510
41 years$14,904$9,264$5,554$3,237$1,847$444
42 years$14,387$8,823$5,210$2,987$1,676$386
43 years$13,894$8,407$4,889$2,757$1,521$336
44 years$13,426$8,013$4,589$2,546$1,381$292
45 years$12,980$7,641$4,309$2,351$1,253$254
46 years$12,554$7,290$4,047$2,172$1,138$221
47 years$12,148$6,956$3,802$2,007$1,033$193
48 years$11,759$6,641$3,573$1,854$938$168
49 years$11,388$6,342$3,358$1,714$852$146
50 years$11,033$6,058$3,157$1,584$774$127

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $11,300,000, adding $4,861 every year, while hoping to spend $42,795 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: 87/6/7 Blend
66$11,300,000$11,300,000$11,300,000$11,300,000
67$12,457,614$11,858,714$11,683,564$13,534,776
68$13,682,757$12,394,258$12,029,430$14,772,852
69$15,031,431$12,954,608$12,385,448$16,127,038
70$16,516,189$13,540,937$12,751,913$17,614,090
71$18,150,867$14,154,469$13,129,129$19,247,370
72$19,950,708$14,796,491$13,517,407$21,041,596
73$21,932,509$15,468,347$13,917,069$23,012,981
74$24,114,778$16,171,450$14,328,444$25,179,382
75$26,517,912$16,907,277$14,751,873$27,560,471
76$29,164,383$17,677,378$15,187,705$30,177,916
77$32,078,956$18,483,375$15,636,299$33,055,590
78$35,288,919$19,326,970$16,098,025$36,219,787
79$38,824,343$20,209,946$16,573,263$39,699,479
80$42,718,362$21,134,169$17,062,403$43,526,578
81$47,007,490$22,101,599$17,565,849$47,736,244
82$51,731,963$23,114,286$18,084,014$52,367,212
83$56,936,118$24,174,381$18,617,323$57,462,157
84$62,668,813$25,284,136$19,166,214$63,068,093
85$68,983,886$26,445,914$19,731,137$69,236,820
86$75,940,668$27,662,189$20,312,555$76,025,408
87$83,604,534$28,935,554$20,910,944$83,496,735
88$92,047,529$30,268,729$21,526,793$91,720,078
89$101,349,043$31,664,562$22,160,606$100,771,769
90$111,596,559$33,126,040$22,812,901$110,735,908
91$122,886,485$34,656,293$23,484,210$121,705,158
92$135,325,057$36,258,601$24,175,081$133,781,620
93$149,029,343$37,936,403$24,886,077$147,077,789
94$164,128,352$39,693,303$25,617,776$161,717,620
95$180,764,248$41,533,078$26,370,775$177,837,692
96$199,093,691$43,459,689$27,145,686$195,588,495
97$219,289,319$45,477,286$27,943,139$215,135,853
98$241,541,376$47,590,219$28,763,780$236,662,478
99$266,059,506$49,803,049$29,608,276$260,369,702
100$293,074,733$52,120,557$30,477,311$286,479,369