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%18.9%
1 years$949,659$941,200$932,947$924,892$917,026$884,138
2 years$470,128$461,373$452,887$444,660$436,679$403,900
3 years$310,306$301,512$293,048$284,898$277,047$245,408
4 years$230,410$221,643$213,264$205,253$197,592$167,335
5 years$182,485$173,771$165,501$157,654$150,207$121,410
6 years$150,546$141,897$133,750$126,077$118,853$91,539
7 years$127,741$119,165$111,147$103,655$96,660$70,821
8 years$110,645$102,146$94,261$86,953$80,188$55,804
9 years$97,355$88,937$81,187$74,065$67,530$44,568
10 years$86,729$78,393$70,781$63,845$57,539$35,959
11 years$78,041$69,789$62,314$55,564$49,486$29,243
12 years$70,806$62,639$55,302$48,737$42,883$23,929
13 years$64,689$56,607$49,409$43,028$37,395$19,677
14 years$59,451$51,454$44,394$38,195$32,780$16,245
15 years$54,914$47,005$40,082$34,063$28,862$13,455
16 years$50,949$43,126$36,340$30,500$25,509$11,173
17 years$47,454$39,717$33,068$27,404$22,618$9,298
18 years$44,351$36,701$30,187$24,697$20,111$7,752
19 years$41,578$34,014$27,635$22,315$17,925$6,472
20 years$39,085$31,607$25,362$20,211$16,011$5,410
21 years$36,832$29,441$23,328$18,343$14,328$4,527
22 years$34,787$27,482$21,500$16,678$12,843$3,791
23 years$32,923$25,703$19,852$15,189$11,529$3,177
24 years$31,216$24,082$18,359$13,853$10,362$2,664
25 years$29,649$22,600$17,005$12,651$9,324$2,235
26 years$28,204$21,240$15,771$11,568$8,399$1,875
27 years$26,869$19,990$14,645$10,588$7,572$1,575
28 years$25,631$18,836$13,614$9,701$6,833$1,322
29 years$24,481$17,770$12,669$8,896$6,170$1,111
30 years$23,409$16,782$11,801$8,164$5,575$933
31 years$22,408$15,864$11,002$7,498$5,040$784
32 years$21,472$15,011$10,265$6,891$4,559$659
33 years$20,595$14,215$9,584$6,337$4,126$554
34 years$19,771$13,473$8,955$5,831$3,736$466
35 years$18,995$12,779$8,372$5,367$3,384$391
36 years$18,265$12,129$7,832$4,943$3,066$329
37 years$17,575$11,520$7,331$4,555$2,779$277
38 years$16,923$10,948$6,865$4,198$2,519$233
39 years$16,307$10,410$6,432$3,871$2,284$196
40 years$15,722$9,905$6,028$3,570$2,072$164
41 years$15,168$9,428$5,653$3,294$1,880$138
42 years$14,641$8,979$5,302$3,040$1,706$116
43 years$14,140$8,555$4,976$2,806$1,548$98
44 years$13,664$8,155$4,670$2,591$1,405$82
45 years$13,209$7,777$4,385$2,393$1,276$69
46 years$12,776$7,419$4,119$2,210$1,158$58
47 years$12,363$7,080$3,870$2,042$1,052$49
48 years$11,967$6,758$3,636$1,887$955$41
49 years$11,590$6,454$3,418$1,744$867$35
50 years$11,228$6,165$3,213$1,612$788$29

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 $5,478 every year, while hoping to spend $28,770 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: 54/40/6 Blend
64$11,500,000$11,500,000$11,500,000$11,500,000
65$12,678,651$12,069,151$11,890,901$13,345,948
66$13,941,262$12,629,928$12,258,635$14,358,189
67$15,331,695$13,217,219$12,637,724$15,455,617
68$16,862,958$13,832,293$13,028,517$16,649,235
69$18,549,384$14,476,479$13,431,377$17,948,154
70$20,406,767$15,151,173$13,846,674$19,362,381
71$22,452,512$15,857,834$14,274,792$20,902,909
72$24,705,796$16,597,996$14,716,125$22,581,819
73$27,187,754$17,373,265$15,171,082$24,412,386
74$29,921,674$18,185,324$15,640,082$26,409,202
75$32,933,217$19,035,938$16,123,558$28,588,304
76$36,250,664$19,926,957$16,621,956$30,967,325
77$39,905,175$20,860,321$17,135,735$33,565,651
78$43,931,090$21,838,064$17,665,369$36,404,600
79$48,366,249$22,862,317$18,211,347$39,507,615
80$53,252,352$23,935,316$18,774,172$42,900,478
81$58,635,348$25,059,403$19,354,363$46,611,550
82$64,565,874$26,237,035$19,952,455$50,672,028
83$71,099,731$27,470,787$20,569,000$55,116,231
84$78,298,407$28,763,359$21,204,565$59,981,919
85$86,229,663$30,117,582$21,859,736$65,310,639
86$94,968,169$31,536,423$22,535,118$71,148,109
87$104,596,210$33,022,995$23,231,331$77,544,639
88$115,204,461$34,580,560$23,949,019$84,555,597
89$126,892,846$36,212,538$24,688,841$92,241,921
90$139,771,478$37,922,514$25,451,480$100,670,686
91$153,961,702$39,714,250$26,237,637$109,915,722
92$169,597,234$41,591,687$27,048,036$120,058,301
93$186,825,431$43,558,959$27,883,425$131,187,891
94$205,808,677$45,620,399$28,744,571$143,402,992
95$226,725,915$47,780,552$29,632,268$156,812,045
96$249,774,342$50,044,183$30,547,332$171,534,447
97$275,171,263$52,416,286$31,490,606$187,701,661
98$303,156,148$54,902,101$32,462,957$205,458,443
99$333,992,890$57,507,118$33,465,282$224,964,191
100$367,972,297$60,237,099$34,498,500$246,394,432