Can I retire at age 65 with 11,300,000?

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 $11,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$933,143$924,831$916,722$908,807$901,078$873,633
2 years$461,952$453,349$445,011$436,926$429,085$401,671
3 years$304,909$296,268$287,951$279,943$272,229$245,705
4 years$226,403$217,789$209,555$201,683$194,156$168,725
5 years$179,311$170,749$162,623$154,912$147,594$123,325
6 years$147,927$139,429$131,424$123,884$116,786$93,700
7 years$125,519$117,093$109,214$101,852$94,979$73,075
8 years$108,720$100,370$92,622$85,441$78,794$58,058
9 years$95,662$87,390$79,775$72,777$66,356$46,766
10 years$85,221$77,030$69,550$62,734$56,538$38,067
11 years$76,684$68,575$61,231$54,598$48,625$31,239
12 years$69,575$61,550$54,341$47,890$42,137$25,801
13 years$63,564$55,623$48,550$42,279$36,745$21,420
14 years$58,417$50,560$43,622$37,531$32,210$17,857
15 years$53,959$46,187$39,385$33,471$28,360$14,938
16 years$50,063$42,376$35,708$29,970$25,065$12,531
17 years$46,629$39,027$32,493$26,927$22,224$10,536
18 years$43,580$36,062$29,662$24,267$19,761$8,876
19 years$40,855$33,422$27,154$21,927$17,613$7,489
20 years$38,405$31,057$24,921$19,859$15,732$6,327
21 years$36,192$28,929$22,922$18,024$14,079$5,352
22 years$34,182$27,004$21,126$16,388$12,620$4,531
23 years$32,350$25,256$19,506$14,925$11,328$3,839
24 years$30,673$23,664$18,040$13,612$10,182$3,255
25 years$29,133$22,207$16,709$12,431$9,162$2,762
26 years$27,714$20,871$15,497$11,367$8,253$2,344
27 years$26,402$19,642$14,390$10,404$7,441$1,991
28 years$25,185$18,509$13,377$9,532$6,714$1,691
29 years$24,055$17,461$12,449$8,741$6,063$1,437
30 years$23,002$16,490$11,596$8,022$5,478$1,221
31 years$22,019$15,588$10,810$7,368$4,953$1,038
32 years$21,099$14,750$10,086$6,771$4,480$882
33 years$20,237$13,968$9,417$6,227$4,054$750
34 years$19,427$13,239$8,799$5,729$3,671$638
35 years$18,665$12,557$8,227$5,274$3,325$543
36 years$17,947$11,918$7,696$4,857$3,012$462
37 years$17,269$11,320$7,203$4,475$2,730$393
38 years$16,629$10,758$6,745$4,125$2,475$334
39 years$16,023$10,229$6,320$3,803$2,245$284
40 years$15,449$9,732$5,923$3,508$2,036$242
41 years$14,904$9,264$5,554$3,237$1,847$206
42 years$14,387$8,823$5,210$2,987$1,676$175
43 years$13,894$8,407$4,889$2,757$1,521$149
44 years$13,426$8,013$4,589$2,546$1,381$127
45 years$12,980$7,641$4,309$2,351$1,253$108
46 years$12,554$7,290$4,047$2,172$1,138$92
47 years$12,148$6,956$3,802$2,007$1,033$78
48 years$11,759$6,641$3,573$1,854$938$66
49 years$11,388$6,342$3,358$1,714$852$57
50 years$11,033$6,058$3,157$1,584$774$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $11,300,000, adding $2,691 every year, while hoping to spend $34,107 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: 44/26/30 Blend
64$11,300,000$11,300,000$11,300,000$11,300,000
65$12,455,376$11,856,476$11,681,326$12,894,705
66$13,689,535$12,401,153$12,036,361$13,754,401
67$15,048,434$12,971,377$12,402,146$14,682,317
68$16,544,763$13,568,363$12,779,006$15,687,604
69$18,192,500$14,193,385$13,167,275$16,777,492
70$20,007,053$14,847,778$13,567,296$17,959,923
71$22,005,395$15,532,942$13,979,423$19,243,619
72$24,206,234$16,250,345$14,404,022$20,638,163
73$26,630,181$17,001,523$14,841,468$22,154,086
74$29,299,951$17,788,089$15,292,149$23,802,962
75$32,240,572$18,611,731$15,756,462$25,597,510
76$35,479,625$19,474,221$16,234,818$27,551,714
77$39,047,503$20,377,414$16,727,641$29,680,948
78$42,977,697$21,323,255$17,235,365$32,002,118
79$47,307,112$22,313,785$17,758,439$34,533,813
80$52,076,416$23,351,139$18,297,326$37,296,479
81$57,330,425$24,437,559$18,852,501$40,312,604
82$63,118,522$25,575,393$19,424,454$43,606,927
83$69,495,128$26,767,104$20,013,689$47,206,663
84$76,520,211$28,015,272$20,620,728$51,141,753
85$84,259,854$29,322,602$21,246,104$55,445,146
86$92,786,881$30,691,931$21,890,370$60,153,095
87$102,181,538$32,126,232$22,554,093$65,305,499
88$112,532,258$33,628,620$23,237,858$70,946,268
89$123,936,490$35,202,364$23,942,268$77,123,730
90$136,501,621$36,850,889$24,667,943$83,891,082
91$150,345,989$38,577,785$25,415,521$91,306,882
92$165,600,000$40,386,816$26,185,661$99,435,593
93$182,407,360$42,281,930$26,979,041$108,348,179
94$200,926,429$44,267,264$27,796,358$118,122,774
95$221,331,720$46,347,155$28,638,331$128,845,398
96$243,815,541$48,526,150$29,505,700$140,610,770
97$268,589,812$50,809,018$30,399,227$153,523,183
98$295,888,070$53,200,757$31,319,698$167,697,479
99$325,967,665$55,706,607$32,267,921$183,260,124
100$359,112,199$58,332,062$33,244,728$200,350,387