Can I retire at age 57 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%17.9%
1 years$949,659$941,200$932,947$924,892$917,026$887,672
2 years$470,128$461,373$452,887$444,660$436,679$407,376
3 years$310,306$301,512$293,048$284,898$277,047$248,714
4 years$230,410$221,643$213,264$205,253$197,592$170,447
5 years$182,485$173,771$165,501$157,654$150,207$124,322
6 years$150,546$141,897$133,750$126,077$118,853$94,251
7 years$127,741$119,165$111,147$103,655$96,660$73,337
8 years$110,645$102,146$94,261$86,953$80,188$58,129
9 years$97,355$88,937$81,187$74,065$67,530$46,709
10 years$86,729$78,393$70,781$63,845$57,539$37,925
11 years$78,041$69,789$62,314$55,564$49,486$31,042
12 years$70,806$62,639$55,302$48,737$42,883$25,571
13 years$64,689$56,607$49,409$43,028$37,395$21,171
14 years$59,451$51,454$44,394$38,195$32,780$17,601
15 years$54,914$47,005$40,082$34,063$28,862$14,682
16 years$50,949$43,126$36,340$30,500$25,509$12,281
17 years$47,454$39,717$33,068$27,404$22,618$10,295
18 years$44,351$36,701$30,187$24,697$20,111$8,647
19 years$41,578$34,014$27,635$22,315$17,925$7,274
20 years$39,085$31,607$25,362$20,211$16,011$6,127
21 years$36,832$29,441$23,328$18,343$14,328$5,167
22 years$34,787$27,482$21,500$16,678$12,843$4,361
23 years$32,923$25,703$19,852$15,189$11,529$3,683
24 years$31,216$24,082$18,359$13,853$10,362$3,113
25 years$29,649$22,600$17,005$12,651$9,324$2,633
26 years$28,204$21,240$15,771$11,568$8,399$2,227
27 years$26,869$19,990$14,645$10,588$7,572$1,885
28 years$25,631$18,836$13,614$9,701$6,833$1,596
29 years$24,481$17,770$12,669$8,896$6,170$1,352
30 years$23,409$16,782$11,801$8,164$5,575$1,145
31 years$22,408$15,864$11,002$7,498$5,040$970
32 years$21,472$15,011$10,265$6,891$4,559$822
33 years$20,595$14,215$9,584$6,337$4,126$697
34 years$19,771$13,473$8,955$5,831$3,736$591
35 years$18,995$12,779$8,372$5,367$3,384$501
36 years$18,265$12,129$7,832$4,943$3,066$424
37 years$17,575$11,520$7,331$4,555$2,779$360
38 years$16,923$10,948$6,865$4,198$2,519$305
39 years$16,307$10,410$6,432$3,871$2,284$259
40 years$15,722$9,905$6,028$3,570$2,072$219
41 years$15,168$9,428$5,653$3,294$1,880$186
42 years$14,641$8,979$5,302$3,040$1,706$158
43 years$14,140$8,555$4,976$2,806$1,548$134
44 years$13,664$8,155$4,670$2,591$1,405$113
45 years$13,209$7,777$4,385$2,393$1,276$96
46 years$12,776$7,419$4,119$2,210$1,158$82
47 years$12,363$7,080$3,870$2,042$1,052$69
48 years$11,967$6,758$3,636$1,887$955$59
49 years$11,590$6,454$3,418$1,744$867$50
50 years$11,228$6,165$3,213$1,612$788$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $11,500,000, adding $2,878 every year, while hoping to spend $54,718 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: 48/29/23 Blend
56$11,500,000$11,500,000$11,500,000$11,500,000
57$12,675,969$12,066,469$11,888,219$13,201,499
58$13,910,698$12,599,506$12,228,254$14,101,942
59$15,269,536$13,156,828$12,577,848$15,073,486
60$16,765,083$13,739,568$12,937,260$16,127,414
61$18,411,225$14,348,910$13,306,762$17,271,496
62$20,223,261$14,986,098$13,686,630$18,514,269
63$22,218,048$15,652,431$14,077,146$19,865,112
64$24,414,163$16,349,274$14,478,604$21,334,335
65$26,832,071$17,078,052$14,891,301$22,933,270
66$29,494,328$17,840,262$15,315,546$24,674,376
67$32,425,785$18,637,471$15,751,652$26,571,349
68$35,653,826$19,471,318$16,199,943$28,639,251
69$39,208,626$20,343,522$16,660,751$30,894,646
70$43,123,437$21,255,885$17,134,417$33,355,749
71$47,434,897$22,210,294$17,621,290$36,042,601
72$52,183,382$23,208,723$18,121,728$38,977,243
73$57,413,381$24,253,245$18,636,100$42,183,926
74$63,173,920$25,346,028$19,164,783$45,689,334
75$69,519,021$26,489,345$19,708,165$49,522,825
76$76,508,216$27,685,577$20,266,643$53,716,709
77$84,207,104$28,937,220$20,840,625$58,306,541
78$92,687,972$30,246,887$21,430,530$63,331,452
79$102,030,479$31,617,319$22,036,786$68,834,515
80$112,322,404$33,051,383$22,659,835$74,863,140
81$123,660,477$34,552,089$23,300,127$81,469,514
82$136,151,290$36,122,586$23,958,127$88,711,091
83$149,912,307$37,766,178$24,634,309$96,651,121
84$165,072,965$39,486,323$25,329,161$105,359,240
85$181,775,902$41,286,648$26,043,183$114,912,120
86$200,178,303$43,170,952$26,776,887$125,394,184
87$220,453,377$45,143,217$27,530,801$136,898,389
88$242,792,002$47,207,614$28,305,463$149,527,098
89$267,404,516$49,368,517$29,101,426$163,393,036
90$294,522,710$51,630,508$29,919,257$178,620,338
91$324,402,012$53,998,388$30,759,537$195,345,716
92$357,323,899$56,477,192$31,622,864$213,719,734
93$393,598,555$59,072,192$32,509,848$233,908,214
94$433,567,796$61,788,918$33,421,116$256,093,797
95$477,608,298$64,633,161$34,357,310$280,477,643
96$526,135,153$67,610,996$35,319,090$307,281,325
97$579,605,789$70,728,784$36,307,129$336,748,899
98$638,524,282$73,993,198$37,322,121$369,149,197
99$703,446,121$77,411,226$38,364,774$404,778,344
100$774,983,446$80,990,197$39,435,815$443,962,542