Can I retire at age 65 with 11,600,000?

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 $11,600,000?

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$957,917$949,385$941,060$932,934$925,000$890,764
2 years$474,216$465,385$456,825$448,526$440,476$406,370
3 years$313,004$304,134$295,596$287,375$279,456$246,553
4 years$232,413$223,571$215,118$207,038$199,311$167,862
5 years$184,072$175,282$166,941$159,025$151,513$121,600
6 years$151,855$143,131$134,913$127,173$119,887$91,531
7 years$128,851$120,201$112,113$104,556$97,500$70,693
8 years$111,607$103,035$95,081$87,710$80,886$55,604
9 years$98,201$89,710$81,893$74,709$68,118$44,327
10 years$87,483$79,075$71,396$64,400$58,040$35,697
11 years$78,720$70,396$62,856$56,047$49,916$28,973
12 years$71,422$63,184$55,783$49,161$43,256$23,660
13 years$65,252$57,100$49,839$43,402$37,720$19,417
14 years$59,968$51,902$44,780$38,527$33,065$15,997
15 years$55,392$47,413$40,431$34,360$29,113$13,221
16 years$51,392$43,501$36,656$30,765$25,730$10,955
17 years$47,867$40,063$33,356$27,642$22,814$9,096
18 years$44,737$37,020$30,449$24,911$20,285$7,566
19 years$41,939$34,309$27,875$22,509$18,081$6,303
20 years$39,425$31,882$25,582$20,387$16,150$5,256
21 years$37,153$29,697$23,531$18,502$14,453$4,388
22 years$35,090$27,721$21,687$16,823$12,955$3,666
23 years$33,209$25,927$20,024$15,321$11,629$3,065
24 years$31,488$24,292$18,519$13,973$10,452$2,564
25 years$29,907$22,797$17,152$12,761$9,405$2,146
26 years$28,449$21,425$15,908$11,668$8,472$1,796
27 years$27,102$20,164$14,772$10,680$7,638$1,505
28 years$25,854$19,000$13,732$9,785$6,892$1,260
29 years$24,694$17,924$12,779$8,973$6,223$1,056
30 years$23,613$16,928$11,903$8,235$5,623$885
31 years$22,603$16,002$11,097$7,564$5,084$742
32 years$21,659$15,141$10,354$6,951$4,599$622
33 years$20,774$14,339$9,667$6,392$4,162$522
34 years$19,943$13,590$9,033$5,881$3,768$437
35 years$19,160$12,890$8,445$5,414$3,413$367
36 years$18,423$12,235$7,900$4,986$3,092$308
37 years$17,728$11,620$7,394$4,594$2,803$258
38 years$17,071$11,043$6,924$4,235$2,541$216
39 years$16,449$10,501$6,487$3,904$2,304$181
40 years$15,859$9,991$6,081$3,601$2,090$152
41 years$15,300$9,510$5,702$3,323$1,896$128
42 years$14,768$9,057$5,348$3,066$1,720$107
43 years$14,263$8,630$5,019$2,831$1,561$90
44 years$13,782$8,226$4,711$2,614$1,417$75
45 years$13,324$7,844$4,423$2,414$1,287$63
46 years$12,887$7,483$4,155$2,230$1,168$53
47 years$12,470$7,141$3,903$2,060$1,061$44
48 years$12,072$6,817$3,668$1,903$963$37
49 years$11,690$6,510$3,448$1,759$875$31
50 years$11,326$6,219$3,241$1,626$795$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $11,600,000, adding $5,508 every year, while hoping to spend $31,597 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: 60/35/5 Blend
64$11,600,000$11,600,000$11,600,000$11,600,000
65$12,788,882$12,174,082$11,994,282$13,545,072
66$14,059,728$12,736,993$12,362,471$14,614,200
67$15,459,143$13,326,427$12,741,936$15,775,598
68$17,000,205$13,943,652$13,133,020$17,041,459
69$18,697,329$14,589,994$13,536,079$18,421,820
70$20,566,397$15,266,844$13,951,479$19,927,712
71$22,624,911$15,975,661$14,379,595$21,571,263
72$24,892,157$16,717,974$14,820,817$23,365,805
73$27,389,387$17,495,384$15,275,544$25,325,999
74$30,140,018$18,309,572$15,744,188$27,467,968
75$33,169,857$19,162,297$16,227,175$29,809,443
76$36,507,339$20,055,406$16,724,942$32,369,925
77$40,183,800$20,990,834$17,237,940$35,170,868
78$44,233,771$21,970,608$17,766,634$38,235,872
79$48,695,302$22,996,854$18,311,503$41,590,902
80$53,610,324$24,071,802$18,873,040$45,264,526
81$59,025,044$25,197,787$19,451,754$49,288,180
82$64,990,379$26,377,259$20,048,168$53,696,457
83$71,562,439$27,612,786$20,662,823$58,527,428
84$78,803,055$28,907,059$21,296,274$63,822,993
85$86,780,362$30,262,901$21,949,095$69,629,269
86$95,569,447$31,683,270$22,621,877$75,997,019
87$105,253,048$33,171,269$23,315,228$82,982,121
88$115,922,346$34,730,148$24,029,775$90,646,090
89$127,677,817$36,363,317$24,766,164$99,056,646
90$140,630,185$38,074,350$25,525,062$108,288,347
91$154,901,465$39,866,994$26,307,152$118,423,279
92$170,626,116$41,745,179$27,113,144$129,551,828
93$187,952,310$43,713,023$27,943,764$141,773,513
94$207,043,329$45,774,844$28,799,764$155,197,922
95$228,079,108$47,935,171$29,681,915$169,945,731
96$251,257,934$50,198,751$30,591,016$186,149,830
97$276,798,315$52,570,561$31,527,886$203,956,567
98$304,941,044$55,055,820$32,493,372$223,527,116
99$335,951,475$57,660,000$33,488,345$245,038,981
100$370,122,023$60,388,837$34,513,702$268,687,662