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%14.9%
1 years$957,917$949,385$941,060$932,934$925,000$906,324
2 years$474,216$465,385$456,825$448,526$440,476$421,742
3 years$313,004$304,134$295,596$287,375$279,456$261,249
4 years$232,413$223,571$215,118$207,038$199,311$181,770
5 years$184,072$175,282$166,941$159,025$151,513$134,688
6 years$151,855$143,131$134,913$127,173$119,887$103,797
7 years$128,851$120,201$112,113$104,556$97,500$82,149
8 years$111,607$103,035$95,081$87,710$80,886$66,268
9 years$98,201$89,710$81,893$74,709$68,118$54,224
10 years$87,483$79,075$71,396$64,400$58,040$44,857
11 years$78,720$70,396$62,856$56,047$49,916$37,428
12 years$71,422$63,184$55,783$49,161$43,256$31,444
13 years$65,252$57,100$49,839$43,402$37,720$26,564
14 years$59,968$51,902$44,780$38,527$33,065$22,544
15 years$55,392$47,413$40,431$34,360$29,113$19,205
16 years$51,392$43,501$36,656$30,765$25,730$16,412
17 years$47,867$40,063$33,356$27,642$22,814$14,062
18 years$44,737$37,020$30,449$24,911$20,285$12,075
19 years$41,939$34,309$27,875$22,509$18,081$10,389
20 years$39,425$31,882$25,582$20,387$16,150$8,953
21 years$37,153$29,697$23,531$18,502$14,453$7,725
22 years$35,090$27,721$21,687$16,823$12,955$6,674
23 years$33,209$25,927$20,024$15,321$11,629$5,771
24 years$31,488$24,292$18,519$13,973$10,452$4,995
25 years$29,907$22,797$17,152$12,761$9,405$4,327
26 years$28,449$21,425$15,908$11,668$8,472$3,750
27 years$27,102$20,164$14,772$10,680$7,638$3,252
28 years$25,854$19,000$13,732$9,785$6,892$2,822
29 years$24,694$17,924$12,779$8,973$6,223$2,449
30 years$23,613$16,928$11,903$8,235$5,623$2,126
31 years$22,603$16,002$11,097$7,564$5,084$1,847
32 years$21,659$15,141$10,354$6,951$4,599$1,605
33 years$20,774$14,339$9,667$6,392$4,162$1,394
34 years$19,943$13,590$9,033$5,881$3,768$1,212
35 years$19,160$12,890$8,445$5,414$3,413$1,054
36 years$18,423$12,235$7,900$4,986$3,092$916
37 years$17,728$11,620$7,394$4,594$2,803$796
38 years$17,071$11,043$6,924$4,235$2,541$693
39 years$16,449$10,501$6,487$3,904$2,304$602
40 years$15,859$9,991$6,081$3,601$2,090$524
41 years$15,300$9,510$5,702$3,323$1,896$456
42 years$14,768$9,057$5,348$3,066$1,720$397
43 years$14,263$8,630$5,019$2,831$1,561$345
44 years$13,782$8,226$4,711$2,614$1,417$300
45 years$13,324$7,844$4,423$2,414$1,287$261
46 years$12,887$7,483$4,155$2,230$1,168$227
47 years$12,470$7,141$3,903$2,060$1,061$198
48 years$12,072$6,817$3,668$1,903$963$172
49 years$11,690$6,510$3,448$1,759$875$150
50 years$11,326$6,219$3,241$1,626$795$130

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 $3,752 every year, while hoping to spend $34,260 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: 70/10/20 Blend
64$11,600,000$11,600,000$11,600,000$11,600,000
65$12,787,070$12,172,270$11,992,470$13,619,339
66$14,054,899$12,732,259$12,357,766$14,734,939
67$15,450,898$13,318,539$12,734,150$15,951,207
68$16,988,105$13,932,362$13,121,959$17,281,657
69$18,680,884$14,575,041$13,521,538$18,737,579
70$20,545,068$15,247,952$13,933,242$20,331,402
71$22,598,098$15,952,534$14,357,439$22,076,809
72$24,859,196$16,690,301$14,794,506$23,988,865
73$27,349,543$17,462,835$15,244,831$26,084,155
74$30,092,479$18,271,796$15,708,815$28,380,939
75$33,113,723$19,118,925$16,186,871$30,899,327
76$36,441,615$20,006,045$16,679,424$33,661,459
77$40,107,387$20,935,068$17,186,912$36,691,718
78$44,145,453$21,907,999$17,709,786$40,016,954
79$48,593,735$22,926,937$18,248,510$43,666,738
80$53,494,024$23,994,084$18,803,563$47,673,636
81$58,892,369$25,111,750$19,375,437$52,073,517
82$64,839,518$26,282,352$19,964,641$56,905,883
83$71,391,389$27,508,428$20,571,697$62,214,247
84$78,609,606$28,792,636$21,197,144$68,046,535
85$86,562,074$30,137,764$21,841,537$74,455,535
86$95,323,624$31,546,733$22,505,447$81,499,398
87$104,976,718$33,022,606$23,189,463$89,242,176
88$115,612,224$34,568,595$23,894,191$97,754,430
89$127,330,280$36,188,066$24,620,256$107,113,888
90$140,241,235$37,884,547$25,368,300$117,406,174
91$154,466,690$39,661,739$26,138,987$128,725,619
92$170,140,648$41,523,520$26,932,999$141,176,140
93$187,410,778$43,473,956$27,751,039$154,872,222
94$206,439,808$45,517,311$28,593,829$169,939,989
95$227,407,063$47,658,054$29,462,117$186,518,396
96$250,510,156$49,900,871$30,356,671$204,760,531
97$275,966,853$52,250,674$31,278,280$224,835,059
98$304,017,129$54,712,615$32,227,760$246,927,807
99$334,925,436$57,292,092$33,205,949$271,243,511
100$368,983,195$59,994,769$34,213,713$298,007,747