Can I retire at age 65 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%17.1%
1 years$916,628$908,463$900,497$892,722$885,130$859,552
2 years$453,776$445,325$437,134$429,193$421,490$395,924
3 years$299,512$291,025$282,855$274,988$267,411$242,658
4 years$222,396$213,934$205,846$198,114$190,720$166,969
5 years$176,138$167,727$159,745$152,170$144,982$122,299
6 years$145,309$136,962$129,098$121,692$114,719$93,125
7 years$123,297$115,020$107,281$100,049$93,298$72,791
8 years$106,796$98,593$90,983$83,929$77,399$57,969
9 years$93,968$85,843$78,363$71,489$65,181$46,808
10 years$83,712$75,667$68,319$61,624$55,538$38,197
11 years$75,327$67,362$60,147$53,631$47,764$31,426
12 years$68,343$60,460$53,379$47,042$41,392$26,025
13 years$62,439$54,638$47,690$41,531$36,094$21,664
14 years$57,383$49,665$42,850$36,867$31,640$18,111
15 years$53,004$45,370$38,688$32,879$27,858$15,193
16 years$49,177$41,626$35,076$29,439$24,621$12,781
17 years$45,804$38,336$31,918$26,451$21,831$10,778
18 years$42,808$35,424$29,137$23,838$19,411$9,106
19 years$40,132$32,831$26,673$21,539$17,302$7,707
20 years$37,725$30,508$24,480$19,508$15,454$6,531
21 years$35,551$28,417$22,517$17,705$13,830$5,542
22 years$33,577$26,526$20,752$16,098$12,396$4,707
23 years$31,778$24,809$19,161$14,660$11,128$4,001
24 years$30,131$23,245$17,721$13,371$10,002$3,403
25 years$28,618$21,814$16,413$12,211$9,000$2,896
26 years$27,223$20,502$15,222$11,165$8,107$2,466
27 years$25,934$19,294$14,135$10,220$7,309$2,101
28 years$24,739$18,181$13,141$9,364$6,595$1,790
29 years$23,629$17,152$12,228$8,587$5,955$1,526
30 years$22,595$16,198$11,390$7,880$5,381$1,301
31 years$21,629$15,312$10,619$7,238$4,865$1,110
32 years$20,726$14,489$9,908$6,652$4,401$947
33 years$19,878$13,721$9,251$6,117$3,983$808
34 years$19,083$13,004$8,643$5,628$3,606$689
35 years$18,335$12,334$8,081$5,181$3,266$588
36 years$17,629$11,707$7,560$4,771$2,959$502
37 years$16,964$11,119$7,076$4,396$2,682$428
38 years$16,335$10,567$6,626$4,052$2,431$366
39 years$15,740$10,048$6,208$3,736$2,205$312
40 years$15,175$9,560$5,819$3,446$2,000$267
41 years$14,640$9,100$5,456$3,179$1,814$228
42 years$14,132$8,667$5,118$2,934$1,646$194
43 years$13,649$8,258$4,802$2,709$1,494$166
44 years$13,188$7,871$4,508$2,501$1,356$142
45 years$12,750$7,506$4,233$2,310$1,231$121
46 years$12,332$7,161$3,976$2,134$1,118$103
47 years$11,933$6,833$3,735$1,971$1,015$88
48 years$11,551$6,523$3,510$1,821$922$75
49 years$11,186$6,229$3,299$1,683$837$64
50 years$10,837$5,951$3,102$1,556$760$55

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $11,100,000, adding $4,592 every year, while hoping to spend $53,770 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: 69/13/18 Blend
64$11,100,000$11,100,000$11,100,000$11,100,000
65$12,236,937$11,648,637$11,476,587$13,027,844
66$13,427,893$12,162,209$11,803,841$14,069,467
67$14,738,525$12,699,144$12,140,257$15,201,999
68$16,180,983$13,260,530$12,486,084$16,439,860
69$17,768,654$13,847,507$12,841,578$17,793,430
70$19,516,289$14,461,268$13,207,004$19,274,140
71$21,440,144$15,103,062$13,582,631$20,894,568
72$23,558,126$15,774,200$13,968,737$22,668,565
73$25,889,973$16,476,054$14,365,608$24,611,375
74$28,457,428$17,210,059$14,773,534$26,739,785
75$31,284,455$17,977,720$15,192,816$29,072,276
76$34,397,455$18,780,615$15,623,761$31,629,196
77$37,825,525$19,620,394$16,066,686$34,432,953
78$41,600,722$20,498,787$16,521,914$37,508,220
79$45,758,375$21,417,607$16,989,778$40,882,168
80$50,337,412$22,378,752$17,470,618$44,584,722
81$55,380,728$23,384,211$17,964,784$48,648,833
82$60,935,593$24,436,068$18,472,635$53,110,796
83$67,054,094$25,536,506$18,994,538$58,010,583
84$73,793,629$26,687,812$19,530,873$63,392,221
85$81,217,447$27,892,383$20,082,025$69,304,203
86$89,395,246$29,152,729$20,648,392$75,799,941
87$98,403,829$30,471,481$21,230,381$82,938,271
88$108,327,831$31,851,395$21,828,411$90,784,000
89$119,260,516$33,295,360$22,442,909$99,408,519
90$131,304,658$34,806,401$23,074,315$108,890,469
91$144,573,508$36,387,690$23,723,079$119,316,481
92$159,191,867$38,042,548$24,389,664$130,781,991
93$175,297,263$39,774,459$25,074,543$143,392,135
94$193,041,246$41,587,069$25,778,203$157,262,736
95$212,590,820$43,484,203$26,501,140$172,521,397
96$234,130,022$45,469,866$27,243,865$189,308,696
97$257,861,652$47,548,257$28,006,903$207,779,509
98$284,009,195$49,723,777$28,790,788$228,104,470
99$312,818,925$52,001,034$29,596,072$250,471,572
100$344,562,233$54,384,863$30,423,319$275,087,939