Can I retire at age 67 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%18.2%
1 years$949,659$941,200$932,947$924,892$917,026$886,607
2 years$470,128$461,373$452,887$444,660$436,679$406,328
3 years$310,306$301,512$293,048$284,898$277,047$247,716
4 years$230,410$221,643$213,264$205,253$197,592$169,506
5 years$182,485$173,771$165,501$157,654$150,207$123,440
6 years$150,546$141,897$133,750$126,077$118,853$93,428
7 years$127,741$119,165$111,147$103,655$96,660$72,573
8 years$110,645$102,146$94,261$86,953$80,188$57,422
9 years$97,355$88,937$81,187$74,065$67,530$46,057
10 years$86,729$78,393$70,781$63,845$57,539$37,325
11 years$78,041$69,789$62,314$55,564$49,486$30,491
12 years$70,806$62,639$55,302$48,737$42,883$25,067
13 years$64,689$56,607$49,409$43,028$37,395$20,712
14 years$59,451$51,454$44,394$38,195$32,780$17,183
15 years$54,914$47,005$40,082$34,063$28,862$14,303
16 years$50,949$43,126$36,340$30,500$25,509$11,938
17 years$47,454$39,717$33,068$27,404$22,618$9,986
18 years$44,351$36,701$30,187$24,697$20,111$8,368
19 years$41,578$34,014$27,635$22,315$17,925$7,024
20 years$39,085$31,607$25,362$20,211$16,011$5,903
21 years$36,832$29,441$23,328$18,343$14,328$4,966
22 years$34,787$27,482$21,500$16,678$12,843$4,181
23 years$32,923$25,703$19,852$15,189$11,529$3,524
24 years$31,216$24,082$18,359$13,853$10,362$2,971
25 years$29,649$22,600$17,005$12,651$9,324$2,506
26 years$28,204$21,240$15,771$11,568$8,399$2,115
27 years$26,869$19,990$14,645$10,588$7,572$1,786
28 years$25,631$18,836$13,614$9,701$6,833$1,509
29 years$24,481$17,770$12,669$8,896$6,170$1,274
30 years$23,409$16,782$11,801$8,164$5,575$1,077
31 years$22,408$15,864$11,002$7,498$5,040$910
32 years$21,472$15,011$10,265$6,891$4,559$769
33 years$20,595$14,215$9,584$6,337$4,126$650
34 years$19,771$13,473$8,955$5,831$3,736$550
35 years$18,995$12,779$8,372$5,367$3,384$465
36 years$18,265$12,129$7,832$4,943$3,066$393
37 years$17,575$11,520$7,331$4,555$2,779$333
38 years$16,923$10,948$6,865$4,198$2,519$281
39 years$16,307$10,410$6,432$3,871$2,284$238
40 years$15,722$9,905$6,028$3,570$2,072$201
41 years$15,168$9,428$5,653$3,294$1,880$170
42 years$14,641$8,979$5,302$3,040$1,706$144
43 years$14,140$8,555$4,976$2,806$1,548$122
44 years$13,664$8,155$4,670$2,591$1,405$103
45 years$13,209$7,777$4,385$2,393$1,276$87
46 years$12,776$7,419$4,119$2,210$1,158$74
47 years$12,363$7,080$3,870$2,042$1,052$62
48 years$11,967$6,758$3,636$1,887$955$53
49 years$11,590$6,454$3,418$1,744$867$45
50 years$11,228$6,165$3,213$1,612$788$38

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 $4,666 every year, while hoping to spend $26,385 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: 59/35/6 Blend
66$11,500,000$11,500,000$11,500,000$11,500,000
67$12,677,813$12,068,313$11,890,063$13,410,662
68$13,942,876$12,631,587$12,260,307$14,465,556
69$15,336,092$13,221,577$12,642,069$15,611,755
70$16,870,504$13,839,564$13,035,709$16,860,774
71$18,560,484$14,486,892$13,441,594$18,222,476
72$20,421,872$15,164,968$13,860,106$19,707,698
73$22,472,121$15,875,269$14,291,637$21,328,354
74$24,730,462$16,619,342$14,736,592$23,097,542
75$27,218,089$17,398,810$15,195,387$25,029,663
76$29,958,355$18,215,373$15,668,454$27,140,552
77$32,976,994$19,070,814$16,156,235$29,447,624
78$36,302,366$19,967,002$16,659,187$31,970,031
79$39,965,721$20,905,898$17,177,783$34,728,840
80$44,001,493$21,889,556$17,712,507$37,747,225
81$48,447,631$22,920,130$18,263,862$41,050,682
82$53,345,952$23,999,878$18,832,364$44,667,260
83$58,742,536$25,131,170$19,418,545$48,627,822
84$64,688,164$26,316,486$20,022,956$52,966,330
85$71,238,793$27,558,431$20,646,161$57,720,159
86$78,456,089$28,859,732$21,288,746$62,930,438
87$86,408,003$30,223,252$21,951,312$68,642,438
88$95,169,418$31,651,990$22,634,480$74,905,986
89$104,822,853$33,149,092$23,338,889$81,775,928
90$115,459,242$34,717,856$24,065,201$89,312,641
91$127,178,794$36,361,740$24,814,094$97,582,589
92$140,091,935$38,084,369$25,586,270$106,658,944
93$154,320,355$39,889,546$26,382,453$116,622,268
94$169,998,154$41,781,256$27,203,387$127,561,259
95$187,273,107$43,763,680$28,049,842$139,573,580
96$206,308,063$45,841,199$28,922,611$152,766,772
97$227,282,477$48,018,409$29,822,510$167,259,249
98$250,394,107$50,300,128$30,750,381$183,181,411
99$275,860,881$52,691,410$31,707,095$200,676,861
100$303,922,954$55,197,552$32,693,545$219,903,743