Can I retire at age 54 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%15.7%
1 years$949,659$941,200$932,947$924,892$917,026$895,585
2 years$470,128$461,373$452,887$444,660$436,679$415,199
3 years$310,306$301,512$293,048$284,898$277,047$256,200
4 years$230,410$221,643$213,264$205,253$197,592$177,538
5 years$182,485$173,771$165,501$157,654$150,207$131,001
6 years$150,546$141,897$133,750$126,077$118,853$100,517
7 years$127,741$119,165$111,147$103,655$96,660$79,195
8 years$110,645$102,146$94,261$86,953$80,188$63,589
9 years$97,355$88,937$81,187$74,065$67,530$51,782
10 years$86,729$78,393$70,781$63,845$57,539$42,625
11 years$78,041$69,789$62,314$55,564$49,486$35,386
12 years$70,806$62,639$55,302$48,737$42,883$29,574
13 years$64,689$56,607$49,409$43,028$37,395$24,852
14 years$59,451$51,454$44,394$38,195$32,780$20,976
15 years$54,914$47,005$40,082$34,063$28,862$17,770
16 years$50,949$43,126$36,340$30,500$25,509$15,100
17 years$47,454$39,717$33,068$27,404$22,618$12,863
18 years$44,351$36,701$30,187$24,697$20,111$10,982
19 years$41,578$34,014$27,635$22,315$17,925$9,392
20 years$39,085$31,607$25,362$20,211$16,011$8,045
21 years$36,832$29,441$23,328$18,343$14,328$6,899
22 years$34,787$27,482$21,500$16,678$12,843$5,924
23 years$32,923$25,703$19,852$15,189$11,529$5,091
24 years$31,216$24,082$18,359$13,853$10,362$4,378
25 years$29,649$22,600$17,005$12,651$9,324$3,768
26 years$28,204$21,240$15,771$11,568$8,399$3,245
27 years$26,869$19,990$14,645$10,588$7,572$2,796
28 years$25,631$18,836$13,614$9,701$6,833$2,410
29 years$24,481$17,770$12,669$8,896$6,170$2,078
30 years$23,409$16,782$11,801$8,164$5,575$1,793
31 years$22,408$15,864$11,002$7,498$5,040$1,547
32 years$21,472$15,011$10,265$6,891$4,559$1,335
33 years$20,595$14,215$9,584$6,337$4,126$1,152
34 years$19,771$13,473$8,955$5,831$3,736$995
35 years$18,995$12,779$8,372$5,367$3,384$859
36 years$18,265$12,129$7,832$4,943$3,066$742
37 years$17,575$11,520$7,331$4,555$2,779$641
38 years$16,923$10,948$6,865$4,198$2,519$553
39 years$16,307$10,410$6,432$3,871$2,284$478
40 years$15,722$9,905$6,028$3,570$2,072$413
41 years$15,168$9,428$5,653$3,294$1,880$357
42 years$14,641$8,979$5,302$3,040$1,706$308
43 years$14,140$8,555$4,976$2,806$1,548$266
44 years$13,664$8,155$4,670$2,591$1,405$230
45 years$13,209$7,777$4,385$2,393$1,276$199
46 years$12,776$7,419$4,119$2,210$1,158$172
47 years$12,363$7,080$3,870$2,042$1,052$149
48 years$11,967$6,758$3,636$1,887$955$128
49 years$11,590$6,454$3,418$1,744$867$111
50 years$11,228$6,165$3,213$1,612$788$96

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $11,500,000, adding $5,692 every year, while hoping to spend $55,901 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: 65/14/21 Blend
53$11,500,000$11,500,000$11,500,000$11,500,000
54$12,678,871$12,069,371$11,891,121$13,434,702
55$13,912,638$12,601,292$12,229,996$14,475,355
56$15,270,375$13,157,404$12,578,349$15,605,328
57$16,764,669$13,738,832$12,936,439$16,838,953
58$18,409,388$14,346,757$13,304,532$18,186,393
59$20,219,811$14,982,414$13,682,900$19,658,836
60$22,212,777$15,647,097$14,071,822$21,268,592
61$24,406,837$16,342,162$14,471,585$23,029,213
62$26,822,434$17,069,028$14,882,483$24,955,613
63$29,482,095$17,829,183$15,304,819$27,064,213
64$32,410,640$18,624,185$15,738,901$29,373,087
65$35,635,420$19,455,664$16,185,049$31,902,137
66$39,186,573$20,325,331$16,643,588$34,673,270
67$43,097,307$21,234,977$17,114,853$37,710,612
68$47,404,219$22,186,477$17,599,186$41,040,726
69$52,147,631$23,181,796$18,096,941$44,692,860
70$57,371,979$24,222,994$18,608,478$48,699,224
71$63,126,228$25,312,227$19,134,169$53,095,290
72$69,464,332$26,451,756$19,674,393$57,920,119
73$76,445,749$27,643,946$20,229,540$63,216,734
74$84,135,996$28,891,280$20,800,010$69,032,516
75$92,607,271$30,196,356$21,386,213$75,419,651
76$101,939,132$31,561,897$21,988,571$82,435,618
77$112,219,249$32,990,756$22,607,514$90,143,729
78$123,544,231$34,485,922$23,243,485$98,613,719
79$136,020,539$36,050,528$23,896,937$107,922,405
80$149,765,485$37,687,855$24,568,336$118,154,401
81$164,908,348$39,401,344$25,258,159$129,402,919
82$181,591,587$41,194,597$25,966,894$141,770,637
83$199,972,187$43,071,391$26,695,044$155,370,668
84$220,223,144$45,035,683$27,443,122$170,327,621
85$242,535,093$47,091,619$28,211,654$186,778,773
86$267,118,110$49,243,546$29,001,183$204,875,357
87$294,203,695$51,496,018$29,812,260$224,783,984
88$324,046,955$53,853,806$30,645,453$246,688,213
89$356,929,014$56,321,911$31,501,345$270,790,275
90$393,159,664$58,905,576$32,380,531$297,312,972
91$433,080,294$61,610,293$33,283,623$326,501,781
92$477,067,105$64,441,819$34,211,246$358,627,158
93$525,534,669$67,406,187$35,164,042$393,987,084
94$578,939,836$70,509,721$36,142,668$432,909,875
95$637,786,050$73,759,048$37,147,798$475,757,266
96$702,628,100$77,161,114$38,180,122$522,927,823
97$774,077,357$80,723,199$39,240,347$574,860,696
98$852,807,545$84,452,934$40,329,197$632,039,750
99$939,561,104$88,358,317$41,447,413$694,998,130
100$1,035,156,191$92,447,729$42,595,757$764,323,282