Can I retire at age 67 with 11,400,000?

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 $11,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$941,401$933,016$924,835$916,849$909,052$904,081
2 years$466,040$457,361$448,949$440,793$432,882$427,866
3 years$307,607$298,890$290,500$282,420$274,638$269,733
4 years$228,406$219,716$211,409$203,468$195,874$191,117
5 years$180,898$172,260$164,062$156,283$148,900$144,305
6 years$149,236$140,663$132,587$124,981$117,820$113,393
7 years$126,630$118,129$110,180$102,754$95,819$91,562
8 years$109,682$101,258$93,442$86,197$79,491$75,405
9 years$96,508$88,163$80,481$73,421$66,943$63,026
10 years$85,975$77,712$70,165$63,290$57,039$53,289
11 years$77,362$69,182$61,772$55,081$49,055$45,471
12 years$70,191$62,094$54,821$48,313$42,510$39,088
13 years$64,127$56,115$48,979$42,653$37,070$33,806
14 years$58,934$51,007$44,008$37,863$32,495$29,387
15 years$54,437$46,596$39,733$33,767$28,611$25,654
16 years$50,506$42,751$36,024$30,235$25,287$22,476
17 years$47,042$39,372$32,781$27,166$22,421$19,753
18 years$43,965$36,381$29,924$24,482$19,936$17,406
19 years$41,216$33,718$27,394$22,121$17,769$15,373
20 years$38,745$31,332$25,141$20,035$15,872$13,604
21 years$36,512$29,185$23,125$18,183$14,203$12,060
22 years$34,485$27,243$21,313$16,533$12,731$10,707
23 years$32,637$25,480$19,679$15,057$11,428$9,519
24 years$30,945$23,873$18,200$13,733$10,272$8,472
25 years$29,391$22,404$16,857$12,541$9,243$7,549
26 years$27,959$21,056$15,634$11,467$8,326$6,732
27 years$26,635$19,816$14,517$10,496$7,507$6,008
28 years$25,408$18,672$13,496$9,617$6,773$5,366
29 years$24,268$17,615$12,559$8,819$6,116$4,796
30 years$23,205$16,636$11,698$8,093$5,526$4,288
31 years$22,214$15,726$10,906$7,433$4,996$3,837
32 years$21,286$14,880$10,175$6,831$4,520$3,434
33 years$20,416$14,092$9,501$6,282$4,090$3,075
34 years$19,599$13,356$8,877$5,780$3,703$2,754
35 years$18,830$12,668$8,299$5,321$3,354$2,468
36 years$18,106$12,024$7,764$4,900$3,039$2,212
37 years$17,422$11,420$7,267$4,515$2,754$1,983
38 years$16,776$10,853$6,805$4,162$2,497$1,778
39 years$16,165$10,320$6,376$3,837$2,264$1,595
40 years$15,586$9,819$5,976$3,539$2,054$1,431
41 years$15,036$9,346$5,603$3,265$1,863$1,284
42 years$14,514$8,901$5,256$3,014$1,691$1,152
43 years$14,017$8,481$4,932$2,782$1,535$1,034
44 years$13,545$8,084$4,630$2,569$1,393$928
45 years$13,095$7,709$4,347$2,372$1,264$833
46 years$12,665$7,354$4,083$2,191$1,148$748
47 years$12,255$7,018$3,836$2,024$1,043$671
48 years$11,863$6,700$3,605$1,871$947$603
49 years$11,489$6,398$3,388$1,729$860$541
50 years$11,130$6,111$3,185$1,598$781$486

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $11,400,000, adding $5,679 every year, while hoping to spend $35,439 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: 27/48/25 Blend
66$11,400,000$11,400,000$11,400,000$11,400,000
67$12,568,658$11,964,458$11,787,758$12,809,336
68$13,812,954$12,513,010$12,144,941$13,550,647
69$15,182,981$13,087,252$12,512,902$14,342,570
70$16,691,525$13,688,408$12,891,964$15,192,129
71$18,352,677$14,317,756$13,282,462$16,104,248
72$20,181,963$14,976,639$13,684,737$17,084,310
73$22,196,492$15,666,463$14,099,144$18,138,205
74$24,415,115$16,388,701$14,526,046$19,272,379
75$26,858,607$17,144,898$14,965,820$20,493,887
76$29,549,860$17,936,673$15,418,849$21,810,456
77$32,514,098$18,765,722$15,885,533$23,230,549
78$35,779,119$19,633,825$16,366,281$24,763,436
79$39,375,552$20,542,845$16,861,514$26,419,281
80$43,337,150$21,494,736$17,371,667$28,209,221
81$47,701,108$22,491,547$17,897,186$30,145,471
82$52,508,412$23,535,424$18,438,533$32,241,425
83$57,804,227$24,628,617$18,996,182$34,511,778
84$63,638,325$25,773,486$19,570,620$36,972,653
85$70,065,549$26,972,502$20,162,351$39,641,742
86$77,146,338$28,228,257$20,771,893$42,538,468
87$84,947,292$29,543,469$21,399,778$45,684,153
88$93,541,802$30,920,985$22,046,557$49,102,209
89$103,010,743$32,363,791$22,712,794$52,818,349
90$113,443,238$33,875,016$23,399,072$56,860,818
91$124,937,498$35,457,941$24,105,990$61,260,644
92$137,601,748$37,116,006$24,834,166$66,051,921
93$151,555,251$38,852,815$25,584,236$71,272,112
94$166,929,433$40,672,149$26,356,854$76,962,396
95$183,869,121$42,577,970$27,152,694$83,168,033
96$202,533,913$44,574,432$27,972,451$89,938,781
97$223,099,683$46,665,891$28,816,839$97,329,349
98$245,760,242$48,856,911$29,686,595$105,399,890
99$270,729,167$51,152,279$30,582,476$114,216,560
100$298,241,815$53,557,014$31,505,262$123,852,115