Can I retire at age 67 with 11,500,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%12.7%
1 years$949,659$941,200$932,947$924,892$917,026$906,695
2 years$470,128$461,373$452,887$444,660$436,679$426,279
3 years$310,306$301,512$293,048$284,898$277,047$266,900
4 years$230,410$221,643$213,264$205,253$197,592$187,777
5 years$182,485$173,771$165,501$157,654$150,207$140,752
6 years$150,546$141,897$133,750$126,077$118,853$109,771
7 years$127,741$119,165$111,147$103,655$96,660$87,953
8 years$110,645$102,146$94,261$86,953$80,188$71,856
9 years$97,355$88,937$81,187$74,065$67,530$59,570
10 years$86,729$78,393$70,781$63,845$57,539$49,946
11 years$78,041$69,789$62,314$55,564$49,486$42,252
12 years$70,806$62,639$55,302$48,737$42,883$36,002
13 years$64,689$56,607$49,409$43,028$37,395$30,858
14 years$59,451$51,454$44,394$38,195$32,780$26,578
15 years$54,914$47,005$40,082$34,063$28,862$22,985
16 years$50,949$43,126$36,340$30,500$25,509$19,946
17 years$47,454$39,717$33,068$27,404$22,618$17,360
18 years$44,351$36,701$30,187$24,697$20,111$15,146
19 years$41,578$34,014$27,635$22,315$17,925$13,243
20 years$39,085$31,607$25,362$20,211$16,011$11,600
21 years$36,832$29,441$23,328$18,343$14,328$10,178
22 years$34,787$27,482$21,500$16,678$12,843$8,942
23 years$32,923$25,703$19,852$15,189$11,529$7,865
24 years$31,216$24,082$18,359$13,853$10,362$6,926
25 years$29,649$22,600$17,005$12,651$9,324$6,104
26 years$28,204$21,240$15,771$11,568$8,399$5,384
27 years$26,869$19,990$14,645$10,588$7,572$4,752
28 years$25,631$18,836$13,614$9,701$6,833$4,197
29 years$24,481$17,770$12,669$8,896$6,170$3,709
30 years$23,409$16,782$11,801$8,164$5,575$3,279
31 years$22,408$15,864$11,002$7,498$5,040$2,900
32 years$21,472$15,011$10,265$6,891$4,559$2,566
33 years$20,595$14,215$9,584$6,337$4,126$2,271
34 years$19,771$13,473$8,955$5,831$3,736$2,011
35 years$18,995$12,779$8,372$5,367$3,384$1,781
36 years$18,265$12,129$7,832$4,943$3,066$1,577
37 years$17,575$11,520$7,331$4,555$2,779$1,397
38 years$16,923$10,948$6,865$4,198$2,519$1,238
39 years$16,307$10,410$6,432$3,871$2,284$1,097
40 years$15,722$9,905$6,028$3,570$2,072$973
41 years$15,168$9,428$5,653$3,294$1,880$862
42 years$14,641$8,979$5,302$3,040$1,706$764
43 years$14,140$8,555$4,976$2,806$1,548$678
44 years$13,664$8,155$4,670$2,591$1,405$601
45 years$13,209$7,777$4,385$2,393$1,276$533
46 years$12,776$7,419$4,119$2,210$1,158$473
47 years$12,363$7,080$3,870$2,042$1,052$419
48 years$11,967$6,758$3,636$1,887$955$372
49 years$11,590$6,454$3,418$1,744$867$330
50 years$11,228$6,165$3,213$1,612$788$293

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $11,500,000, adding $2,106 every year, while hoping to spend $37,065 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: 81/9/10 Blend
66$11,500,000$11,500,000$11,500,000$11,500,000
67$12,675,172$12,065,672$11,887,422$13,681,601
68$13,928,603$12,617,453$12,246,214$14,893,374
69$15,308,641$13,195,029$12,615,783$16,218,060
70$16,828,162$13,799,625$12,996,451$17,670,953
71$18,501,353$14,432,525$13,388,550$19,264,871
72$20,343,845$15,095,073$13,792,421$21,013,930
73$22,372,865$15,788,679$14,208,415$22,933,678
74$24,607,395$16,514,822$14,636,894$25,041,233
75$27,068,350$17,275,049$15,078,231$27,355,452
76$29,778,779$18,070,984$15,532,810$29,897,099
77$32,764,080$18,904,328$16,001,024$32,689,049
78$36,052,239$19,776,863$16,483,282$35,756,491
79$39,674,097$20,690,459$16,980,001$39,127,175
80$43,663,637$21,647,073$17,491,613$42,831,665
81$48,058,307$22,648,759$18,018,561$46,903,628
82$52,899,375$23,697,669$18,561,304$51,380,150
83$58,232,314$24,796,057$19,120,310$56,302,084
84$64,107,235$25,946,289$19,696,065$61,714,432
85$70,579,357$27,150,841$20,289,067$67,666,770
86$77,709,531$28,412,312$20,899,831$74,213,714
87$85,564,811$29,733,424$21,528,883$81,415,430
88$94,219,091$31,117,030$22,176,770$89,338,201
89$103,753,798$32,566,124$22,844,051$98,055,052
90$114,258,662$34,083,841$23,531,303$107,646,434
91$125,832,564$35,673,468$24,239,120$118,200,982
92$138,584,469$37,338,451$24,968,115$129,816,349
93$152,634,453$39,082,404$25,718,915$142,600,125
94$168,114,839$40,909,113$26,492,170$156,670,846
95$185,171,441$42,822,548$27,288,546$172,159,114
96$203,964,947$44,826,872$28,108,731$189,208,827
97$224,672,430$46,926,447$28,953,432$207,978,529
98$247,489,022$49,125,847$29,823,377$228,642,906
99$272,629,758$51,429,869$30,719,315$251,394,432
100$300,331,599$53,843,538$31,642,018$276,445,178