Can I retire at age 80 with 11,100,000?

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 $11,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$916,628$908,463$900,497$892,722$885,130$866,904
2 years$453,776$445,325$437,134$429,193$421,490$403,211
3 years$299,512$291,025$282,855$274,988$267,411$249,648
4 years$222,396$213,934$205,846$198,114$190,720$173,611
5 years$176,138$167,727$159,745$152,170$144,982$128,575
6 years$145,309$136,962$129,098$121,692$114,719$99,032
7 years$123,297$115,020$107,281$100,049$93,298$78,334
8 years$106,796$98,593$90,983$83,929$77,399$63,154
9 years$93,968$85,843$78,363$71,489$65,181$51,645
10 years$83,712$75,667$68,319$61,624$55,538$42,697
11 years$75,327$67,362$60,147$53,631$47,764$35,603
12 years$68,343$60,460$53,379$47,042$41,392$29,892
13 years$62,439$54,638$47,690$41,531$36,094$25,236
14 years$57,383$49,665$42,850$36,867$31,640$21,403
15 years$53,004$45,370$38,688$32,879$27,858$18,220
16 years$49,177$41,626$35,076$29,439$24,621$15,559
17 years$45,804$38,336$31,918$26,451$21,831$13,322
18 years$42,808$35,424$29,137$23,838$19,411$11,431
19 years$40,132$32,831$26,673$21,539$17,302$9,828
20 years$37,725$30,508$24,480$19,508$15,454$8,462
21 years$35,551$28,417$22,517$17,705$13,830$7,297
22 years$33,577$26,526$20,752$16,098$12,396$6,299
23 years$31,778$24,809$19,161$14,660$11,128$5,443
24 years$30,131$23,245$17,721$13,371$10,002$4,707
25 years$28,618$21,814$16,413$12,211$9,000$4,074
26 years$27,223$20,502$15,222$11,165$8,107$3,528
27 years$25,934$19,294$14,135$10,220$7,309$3,057
28 years$24,739$18,181$13,141$9,364$6,595$2,650
29 years$23,629$17,152$12,228$8,587$5,955$2,298
30 years$22,595$16,198$11,390$7,880$5,381$1,994
31 years$21,629$15,312$10,619$7,238$4,865$1,730
32 years$20,726$14,489$9,908$6,652$4,401$1,502
33 years$19,878$13,721$9,251$6,117$3,983$1,304
34 years$19,083$13,004$8,643$5,628$3,606$1,133
35 years$18,335$12,334$8,081$5,181$3,266$984
36 years$17,629$11,707$7,560$4,771$2,959$855
37 years$16,964$11,119$7,076$4,396$2,682$743
38 years$16,335$10,567$6,626$4,052$2,431$645
39 years$15,740$10,048$6,208$3,736$2,205$561
40 years$15,175$9,560$5,819$3,446$2,000$487
41 years$14,640$9,100$5,456$3,179$1,814$424
42 years$14,132$8,667$5,118$2,934$1,646$368
43 years$13,649$8,258$4,802$2,709$1,494$320
44 years$13,188$7,871$4,508$2,501$1,356$278
45 years$12,750$7,506$4,233$2,310$1,231$242
46 years$12,332$7,161$3,976$2,134$1,118$210
47 years$11,933$6,833$3,735$1,971$1,015$183
48 years$11,551$6,523$3,510$1,821$922$159
49 years$11,186$6,229$3,299$1,683$837$138
50 years$10,837$5,951$3,102$1,556$760$120

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 80 starting with $11,100,000, adding $5,675 every year, while hoping to spend $59,453 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: 55/19/26 Blend
79$11,100,000$11,100,000$11,100,000$11,100,000
80$12,238,054$11,649,754$11,477,704$12,823,137
81$13,423,078$12,157,334$11,798,949$13,733,990
82$14,726,981$12,687,793$12,128,964$14,718,838
83$16,161,828$13,242,190$12,467,979$15,790,244
84$17,740,909$13,821,631$12,816,230$16,956,549
85$19,478,869$14,427,279$13,173,962$18,226,927
86$21,391,845$15,060,347$13,541,421$19,611,466
87$23,497,618$15,722,109$13,918,863$21,121,265
88$25,815,780$16,413,897$14,306,550$22,768,537
89$28,367,919$17,137,107$14,704,748$24,566,714
90$31,177,821$17,893,200$15,113,732$26,530,581
91$34,271,700$18,683,708$15,533,783$28,676,404
92$37,678,437$19,510,233$15,965,189$31,022,086
93$41,429,859$20,374,456$16,408,244$33,587,332
94$45,561,035$21,278,134$16,863,250$36,393,829
95$50,110,608$22,223,111$17,330,517$39,465,449
96$55,121,162$23,211,315$17,810,361$42,828,472
97$60,639,620$24,244,768$18,303,107$46,511,827
98$66,717,687$25,325,588$18,809,087$50,547,367
99$73,412,341$26,455,992$19,328,642$54,970,157
100$80,786,368$27,638,303$19,862,119$59,818,810