Can I retire at age 65 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%17.7%
1 years$949,659$941,200$932,947$924,892$917,026$888,383
2 years$470,128$461,373$452,887$444,660$436,679$408,077
3 years$310,306$301,512$293,048$284,898$277,047$249,383
4 years$230,410$221,643$213,264$205,253$197,592$171,078
5 years$182,485$173,771$165,501$157,654$150,207$124,913
6 years$150,546$141,897$133,750$126,077$118,853$94,803
7 years$127,741$119,165$111,147$103,655$96,660$73,851
8 years$110,645$102,146$94,261$86,953$80,188$58,606
9 years$97,355$88,937$81,187$74,065$67,530$47,150
10 years$86,729$78,393$70,781$63,845$57,539$38,331
11 years$78,041$69,789$62,314$55,564$49,486$31,415
12 years$70,806$62,639$55,302$48,737$42,883$25,912
13 years$64,689$56,607$49,409$43,028$37,395$21,483
14 years$59,451$51,454$44,394$38,195$32,780$17,885
15 years$54,914$47,005$40,082$34,063$28,862$14,940
16 years$50,949$43,126$36,340$30,500$25,509$12,514
17 years$47,454$39,717$33,068$27,404$22,618$10,507
18 years$44,351$36,701$30,187$24,697$20,111$8,838
19 years$41,578$34,014$27,635$22,315$17,925$7,446
20 years$39,085$31,607$25,362$20,211$16,011$6,281
21 years$36,832$29,441$23,328$18,343$14,328$5,305
22 years$34,787$27,482$21,500$16,678$12,843$4,484
23 years$32,923$25,703$19,852$15,189$11,529$3,794
24 years$31,216$24,082$18,359$13,853$10,362$3,212
25 years$29,649$22,600$17,005$12,651$9,324$2,720
26 years$28,204$21,240$15,771$11,568$8,399$2,305
27 years$26,869$19,990$14,645$10,588$7,572$1,954
28 years$25,631$18,836$13,614$9,701$6,833$1,657
29 years$24,481$17,770$12,669$8,896$6,170$1,406
30 years$23,409$16,782$11,801$8,164$5,575$1,193
31 years$22,408$15,864$11,002$7,498$5,040$1,012
32 years$21,472$15,011$10,265$6,891$4,559$859
33 years$20,595$14,215$9,584$6,337$4,126$729
34 years$19,771$13,473$8,955$5,831$3,736$619
35 years$18,995$12,779$8,372$5,367$3,384$526
36 years$18,265$12,129$7,832$4,943$3,066$447
37 years$17,575$11,520$7,331$4,555$2,779$379
38 years$16,923$10,948$6,865$4,198$2,519$322
39 years$16,307$10,410$6,432$3,871$2,284$274
40 years$15,722$9,905$6,028$3,570$2,072$232
41 years$15,168$9,428$5,653$3,294$1,880$197
42 years$14,641$8,979$5,302$3,040$1,706$168
43 years$14,140$8,555$4,976$2,806$1,548$142
44 years$13,664$8,155$4,670$2,591$1,405$121
45 years$13,209$7,777$4,385$2,393$1,276$103
46 years$12,776$7,419$4,119$2,210$1,158$87
47 years$12,363$7,080$3,870$2,042$1,052$74
48 years$11,967$6,758$3,636$1,887$955$63
49 years$11,590$6,454$3,418$1,744$867$54
50 years$11,228$6,165$3,213$1,612$788$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $11,500,000, adding $4,744 every year, while hoping to spend $39,398 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: 74/16/10 Blend
64$11,500,000$11,500,000$11,500,000$11,500,000
65$12,677,893$12,068,393$11,890,143$13,592,550
66$13,929,119$12,617,826$12,246,544$14,746,008
67$15,306,650$13,192,859$12,613,564$16,003,916
68$16,823,327$13,794,708$12,991,516$17,380,929
69$18,493,299$14,424,642$13,380,726$18,888,833
70$20,332,160$15,083,994$13,781,524$20,540,601
71$22,357,090$15,774,158$14,194,254$22,350,513
72$24,587,020$16,496,600$14,619,269$24,334,290
73$27,042,813$17,252,850$15,056,932$26,509,239
74$29,747,456$18,044,516$15,507,615$28,894,415
75$32,726,281$18,873,281$15,971,704$31,510,797
76$36,007,200$19,740,910$16,449,595$34,381,485
77$39,620,972$20,649,252$16,941,694$37,531,915
78$43,601,491$21,600,246$17,448,421$40,990,095
79$47,986,108$22,595,923$17,970,208$44,786,869
80$52,815,979$23,638,411$18,507,498$48,956,204
81$58,136,459$24,729,944$19,060,749$53,535,507
82$63,997,525$25,872,858$19,630,432$58,565,975
83$70,454,252$27,069,607$20,217,030$64,092,981
84$77,567,327$28,322,759$20,821,042$70,166,499
85$85,403,628$29,635,008$21,442,980$76,841,571
86$94,036,851$31,009,177$22,083,373$84,178,824
87$103,548,208$32,448,224$22,742,764$92,245,036
88$114,027,191$33,955,253$23,421,712$101,113,765
89$125,572,417$35,533,513$24,120,793$110,866,038
90$138,292,562$37,186,413$24,840,598$121,591,110
91$152,307,382$38,917,526$25,581,736$133,387,302
92$167,748,846$40,730,597$26,344,836$146,362,928
93$184,762,382$42,629,550$27,130,542$160,637,306
94$203,508,248$44,618,501$27,939,518$176,341,883
95$224,163,046$46,701,764$28,772,449$193,621,468
96$246,921,388$48,883,861$29,630,036$212,635,597
97$271,997,732$51,169,533$30,513,005$233,560,026
98$299,628,410$53,563,749$31,422,100$256,588,391
99$330,073,854$56,071,719$32,358,087$281,934,022
100$363,621,059$58,698,906$33,321,755$309,831,958