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%19.2%
1 years$916,628$908,463$900,497$892,722$885,130$852,369
2 years$453,776$445,325$437,134$429,193$421,490$388,854
3 years$299,512$291,025$282,855$274,988$267,411$235,926
4 years$222,396$213,934$205,846$198,114$190,720$160,626
5 years$176,138$167,727$159,745$152,170$144,982$116,358
6 years$145,309$136,962$129,098$121,692$114,719$87,585
7 years$123,297$115,020$107,281$100,049$93,298$67,646
8 years$106,796$98,593$90,983$83,929$77,399$53,208
9 years$93,968$85,843$78,363$71,489$65,181$42,416
10 years$83,712$75,667$68,319$61,624$55,538$34,158
11 years$75,327$67,362$60,147$53,631$47,764$27,724
12 years$68,343$60,460$53,379$47,042$41,392$22,641
13 years$62,439$54,638$47,690$41,531$36,094$18,580
14 years$57,383$49,665$42,850$36,867$31,640$15,307
15 years$53,004$45,370$38,688$32,879$27,858$12,651
16 years$49,177$41,626$35,076$29,439$24,621$10,483
17 years$45,804$38,336$31,918$26,451$21,831$8,704
18 years$42,808$35,424$29,137$23,838$19,411$7,240
19 years$40,132$32,831$26,673$21,539$17,302$6,031
20 years$37,725$30,508$24,480$19,508$15,454$5,030
21 years$35,551$28,417$22,517$17,705$13,830$4,199
22 years$33,577$26,526$20,752$16,098$12,396$3,508
23 years$31,778$24,809$19,161$14,660$11,128$2,933
24 years$30,131$23,245$17,721$13,371$10,002$2,453
25 years$28,618$21,814$16,413$12,211$9,000$2,053
26 years$27,223$20,502$15,222$11,165$8,107$1,719
27 years$25,934$19,294$14,135$10,220$7,309$1,440
28 years$24,739$18,181$13,141$9,364$6,595$1,206
29 years$23,629$17,152$12,228$8,587$5,955$1,011
30 years$22,595$16,198$11,390$7,880$5,381$847
31 years$21,629$15,312$10,619$7,238$4,865$710
32 years$20,726$14,489$9,908$6,652$4,401$595
33 years$19,878$13,721$9,251$6,117$3,983$499
34 years$19,083$13,004$8,643$5,628$3,606$418
35 years$18,335$12,334$8,081$5,181$3,266$351
36 years$17,629$11,707$7,560$4,771$2,959$294
37 years$16,964$11,119$7,076$4,396$2,682$247
38 years$16,335$10,567$6,626$4,052$2,431$207
39 years$15,740$10,048$6,208$3,736$2,205$174
40 years$15,175$9,560$5,819$3,446$2,000$146
41 years$14,640$9,100$5,456$3,179$1,814$122
42 years$14,132$8,667$5,118$2,934$1,646$102
43 years$13,649$8,258$4,802$2,709$1,494$86
44 years$13,188$7,871$4,508$2,501$1,356$72
45 years$12,750$7,506$4,233$2,310$1,231$60
46 years$12,332$7,161$3,976$2,134$1,118$51
47 years$11,933$6,833$3,735$1,971$1,015$43
48 years$11,551$6,523$3,510$1,821$922$36
49 years$11,186$6,229$3,299$1,683$837$30
50 years$10,837$5,951$3,102$1,556$760$25

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 $4,878 every year, while hoping to spend $50,100 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: 59/33/8 Blend
64$11,100,000$11,100,000$11,100,000$11,100,000
65$12,237,232$11,648,932$11,476,882$12,937,425
66$13,432,123$12,166,423$11,808,051$13,925,451
67$14,747,215$12,707,593$12,148,636$14,996,126
68$16,194,713$13,273,548$12,498,898$16,162,274
69$17,788,070$13,865,448$12,859,107$17,433,064
70$19,542,107$14,484,508$13,229,541$18,818,577
71$21,473,154$15,132,001$13,610,483$20,329,895
72$23,599,208$15,809,261$14,002,225$21,979,203
73$25,940,096$16,517,684$14,405,069$23,779,904
74$28,517,669$17,258,733$14,819,322$25,746,734
75$31,356,002$18,033,942$15,245,300$27,895,905
76$34,481,625$18,844,916$15,683,328$30,245,250
77$37,923,772$19,693,339$16,133,741$32,814,384
78$41,714,656$20,580,972$16,596,881$35,624,892
79$45,889,774$21,509,662$17,073,100$38,700,522
80$50,488,241$22,481,346$17,562,759$42,067,405
81$55,553,160$23,498,050$18,066,230$45,754,298
82$61,132,027$24,561,899$18,583,893$49,792,850
83$67,277,180$25,675,119$19,116,139$54,217,893
84$74,046,294$26,840,041$19,663,372$59,067,766
85$81,502,923$28,059,110$20,226,002$64,384,673
86$89,717,101$29,334,887$20,804,453$70,215,068
87$98,766,003$30,670,054$21,399,160$76,610,095
88$108,734,673$32,067,424$22,010,569$83,626,058
89$119,716,825$33,529,943$22,639,138$91,324,947
90$131,815,729$35,060,698$23,285,338$99,775,013
91$145,145,187$36,662,926$23,949,650$109,051,408
92$159,830,604$38,340,017$24,632,571$119,236,883
93$176,010,173$40,095,525$25,334,609$130,422,560
94$193,836,178$41,933,173$26,056,286$142,708,786
95$213,476,434$43,856,865$26,798,138$156,206,064
96$235,115,869$45,870,690$27,560,714$171,036,094
97$258,958,268$47,978,934$28,344,578$187,332,903
98$285,228,201$50,186,091$29,150,311$205,244,104
99$314,173,136$52,496,869$29,978,506$224,932,277
100$346,065,783$54,916,202$30,829,772$246,576,490