Can I retire at age 55 with 11,000,000?

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 $11,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$908,370$900,278$892,384$884,679$877,155$871,993
2 years$449,688$441,313$433,196$425,327$417,693$412,485
3 years$296,814$288,403$280,307$272,511$265,002$259,909
4 years$220,392$212,007$203,991$196,329$189,001$184,063
5 years$174,551$166,216$158,306$150,799$143,676$138,907
6 years$144,000$135,728$127,935$120,595$113,686$109,092
7 years$122,187$113,984$106,314$99,148$92,457$88,041
8 years$105,834$97,705$90,163$83,173$76,702$72,464
9 years$93,122$85,070$77,657$70,845$64,594$60,533
10 years$82,958$74,985$67,703$61,069$55,037$51,151
11 years$74,648$66,755$59,605$53,148$47,334$43,619
12 years$67,728$59,915$52,898$46,618$41,019$37,473
13 years$61,877$54,146$47,261$41,157$35,769$32,389
14 years$56,866$49,217$42,464$36,534$31,355$28,136
15 years$52,527$44,961$38,339$32,582$27,607$24,546
16 years$48,734$41,251$34,760$29,174$24,400$21,491
17 years$45,391$37,990$31,630$26,213$21,634$18,874
18 years$42,423$35,105$28,874$23,623$19,236$16,620
19 years$39,770$32,535$26,433$21,345$17,146$14,668
20 years$37,386$30,233$24,259$19,332$15,315$12,971
21 years$35,231$28,161$22,314$17,545$13,705$11,490
22 years$33,275$26,287$20,566$15,953$12,285$10,194
23 years$31,491$24,586$18,989$14,528$11,027$9,056
24 years$29,859$23,035$17,561$13,251$9,912$8,054
25 years$28,360$21,617$16,265$12,101$8,919$7,170
26 years$26,978$20,317$15,085$11,065$8,034$6,389
27 years$25,701$19,121$14,008$10,128$7,243$5,698
28 years$24,517$18,017$13,022$9,279$6,536$5,085
29 years$23,416$16,997$12,118$8,509$5,902$4,541
30 years$22,391$16,052$11,288$7,809$5,332$4,057
31 years$21,434$15,175$10,523$7,172$4,821$3,627
32 years$20,539$14,358$9,818$6,592$4,361$3,244
33 years$19,699$13,597$9,167$6,061$3,947$2,902
34 years$18,911$12,887$8,565$5,577$3,573$2,597
35 years$18,169$12,223$8,008$5,134$3,236$2,325
36 years$17,471$11,602$7,491$4,728$2,932$2,082
37 years$16,811$11,019$7,012$4,357$2,658$1,865
38 years$16,188$10,472$6,566$4,016$2,409$1,671
39 years$15,598$9,958$6,152$3,702$2,185$1,498
40 years$15,039$9,474$5,766$3,415$1,982$1,342
41 years$14,508$9,018$5,407$3,151$1,798$1,203
42 years$14,005$8,589$5,072$2,908$1,632$1,079
43 years$13,526$8,183$4,759$2,684$1,481$967
44 years$13,070$7,801$4,467$2,478$1,344$867
45 years$12,635$7,439$4,195$2,289$1,220$778
46 years$12,221$7,096$3,940$2,114$1,108$698
47 years$11,825$6,772$3,701$1,953$1,006$626
48 years$11,447$6,465$3,478$1,805$914$562
49 years$11,086$6,173$3,269$1,668$830$504
50 years$10,740$5,897$3,074$1,542$754$452

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $11,000,000, adding $3,354 every year, while hoping to spend $42,449 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: 25/45/30 Blend
54$11,000,000$11,000,000$11,000,000$11,000,000
55$12,125,460$11,542,460$11,371,960$12,314,859
56$13,317,091$12,062,875$11,707,755$12,995,730
57$14,628,846$12,607,368$12,053,377$13,721,388
58$16,072,933$13,177,073$12,409,109$14,498,543
59$17,662,803$13,773,180$12,775,245$15,331,552
60$19,413,278$14,396,935$13,152,085$16,225,180
61$21,340,691$15,049,643$13,539,938$17,184,640
62$23,463,038$15,732,673$13,939,123$18,215,634
63$25,800,152$16,447,458$14,349,967$19,324,404
64$28,373,883$17,195,499$14,772,807$20,517,783
65$31,208,312$17,978,371$15,207,989$21,803,256
66$34,329,971$18,797,723$15,655,868$23,189,021
67$37,768,100$19,655,283$16,116,811$24,684,064
68$41,554,916$20,552,862$16,591,195$26,298,232
69$45,725,924$21,492,359$17,079,406$28,042,323
70$50,320,246$22,475,761$17,581,843$29,928,177
71$55,380,992$23,505,155$18,098,916$31,968,783
72$60,955,668$24,582,723$18,631,045$34,178,389
73$67,096,625$25,710,755$19,178,664$36,572,634
74$73,861,549$26,891,650$19,742,217$39,168,681
75$81,314,009$28,127,922$20,322,163$41,985,372
76$89,524,055$29,422,208$20,918,973$45,043,395
77$98,568,880$30,777,268$21,533,130$48,365,472
78$108,533,549$32,195,997$22,165,133$51,976,559
79$119,511,799$33,681,429$22,815,493$55,904,072
80$131,606,927$35,236,743$23,484,737$60,178,132
81$144,932,764$36,865,274$24,173,405$64,831,842
82$159,614,746$38,570,513$24,882,055$69,901,581
83$175,791,104$40,356,122$25,611,258$75,427,338
84$193,614,164$42,225,939$26,361,603$81,453,071
85$213,251,786$44,183,987$27,133,693$88,027,115
86$234,888,948$46,234,482$27,928,151$95,202,612
87$258,729,493$48,381,844$28,745,617$103,038,007
88$284,998,052$50,630,705$29,586,746$111,597,577
89$313,942,166$52,985,923$30,452,215$120,952,020
90$345,834,621$55,452,587$31,342,718$131,179,109
91$380,976,022$58,036,034$32,258,969$142,364,400
92$419,697,634$60,741,857$33,201,702$154,602,025
93$462,364,505$63,575,920$34,171,671$167,995,556
94$509,378,914$66,544,370$35,169,652$182,658,965
95$561,184,171$69,653,651$36,196,442$198,717,672
96$618,268,794$72,910,518$37,252,861$216,309,707
97$681,171,130$76,322,053$38,339,751$235,586,989
98$750,484,430$79,895,678$39,457,978$256,716,732
99$826,862,453$83,639,177$40,608,431$279,882,995
100$911,025,636$87,560,709$41,792,026$305,288,396