Can I retire at age 67 with 11,100,000?

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 $11,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$916,628$908,463$900,497$892,722$885,130$867,613
2 years$453,776$445,325$437,134$429,193$421,490$403,917
3 years$299,512$291,025$282,855$274,988$267,411$250,328
4 years$222,396$213,934$205,846$198,114$190,720$174,259
5 years$176,138$167,727$159,745$152,170$144,982$129,191
6 years$145,309$136,962$129,098$121,692$114,719$99,615
7 years$123,297$115,020$107,281$100,049$93,298$78,883
8 years$106,796$98,593$90,983$83,929$77,399$63,671
9 years$93,968$85,843$78,363$71,489$65,181$52,130
10 years$83,712$75,667$68,319$61,624$55,538$43,151
11 years$75,327$67,362$60,147$53,631$47,764$36,027
12 years$68,343$60,460$53,379$47,042$41,392$30,287
13 years$62,439$54,638$47,690$41,531$36,094$25,604
14 years$57,383$49,665$42,850$36,867$31,640$21,744
15 years$53,004$45,370$38,688$32,879$27,858$18,536
16 years$49,177$41,626$35,076$29,439$24,621$15,852
17 years$45,804$38,336$31,918$26,451$21,831$13,592
18 years$42,808$35,424$29,137$23,838$19,411$11,680
19 years$40,132$32,831$26,673$21,539$17,302$10,056
20 years$37,725$30,508$24,480$19,508$15,454$8,672
21 years$35,551$28,417$22,517$17,705$13,830$7,489
22 years$33,577$26,526$20,752$16,098$12,396$6,475
23 years$31,778$24,809$19,161$14,660$11,128$5,604
24 years$30,131$23,245$17,721$13,371$10,002$4,854
25 years$28,618$21,814$16,413$12,211$9,000$4,208
26 years$27,223$20,502$15,222$11,165$8,107$3,650
27 years$25,934$19,294$14,135$10,220$7,309$3,168
28 years$24,739$18,181$13,141$9,364$6,595$2,751
29 years$23,629$17,152$12,228$8,587$5,955$2,389
30 years$22,595$16,198$11,390$7,880$5,381$2,076
31 years$21,629$15,312$10,619$7,238$4,865$1,805
32 years$20,726$14,489$9,908$6,652$4,401$1,569
33 years$19,878$13,721$9,251$6,117$3,983$1,365
34 years$19,083$13,004$8,643$5,628$3,606$1,187
35 years$18,335$12,334$8,081$5,181$3,266$1,033
36 years$17,629$11,707$7,560$4,771$2,959$899
37 years$16,964$11,119$7,076$4,396$2,682$782
38 years$16,335$10,567$6,626$4,052$2,431$681
39 years$15,740$10,048$6,208$3,736$2,205$593
40 years$15,175$9,560$5,819$3,446$2,000$516
41 years$14,640$9,100$5,456$3,179$1,814$449
42 years$14,132$8,667$5,118$2,934$1,646$391
43 years$13,649$8,258$4,802$2,709$1,494$341
44 years$13,188$7,871$4,508$2,501$1,356$297
45 years$12,750$7,506$4,233$2,310$1,231$258
46 years$12,332$7,161$3,976$2,134$1,118$225
47 years$11,933$6,833$3,735$1,971$1,015$196
48 years$11,551$6,523$3,510$1,821$922$171
49 years$11,186$6,229$3,299$1,683$837$149
50 years$10,837$5,951$3,102$1,556$760$129

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $11,100,000, adding $6,463 every year, while hoping to spend $40,206 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: 74/7/19 Blend
66$11,100,000$11,100,000$11,100,000$11,100,000
67$12,238,867$11,650,567$11,478,517$13,089,462
68$13,444,452$12,178,665$11,820,268$14,182,696
69$14,771,660$12,731,294$12,172,121$15,374,793
70$16,232,853$13,309,611$12,534,370$16,680,084
71$17,841,654$13,914,831$12,907,321$18,109,828
72$19,613,073$14,548,229$13,291,288$19,676,419
73$21,563,652$15,211,138$13,686,591$21,393,508
74$23,711,616$15,904,955$14,093,564$23,276,126
75$26,077,050$16,631,147$14,512,547$25,340,826
76$28,682,083$17,391,247$14,943,892$27,605,837
77$31,551,103$18,186,866$15,387,959$30,091,234
78$34,710,982$19,019,688$15,845,122$32,819,129
79$38,191,330$19,891,482$16,315,762$35,813,873
80$42,024,779$20,804,097$16,800,273$39,102,290
81$46,247,285$21,759,476$17,299,060$42,713,924
82$50,898,469$22,759,652$17,812,540$46,681,316
83$56,021,994$23,806,756$18,341,141$51,040,313
84$61,665,973$24,903,022$18,885,305$55,830,401
85$67,883,424$26,050,792$19,445,485$61,095,077
86$74,732,772$27,252,520$20,022,147$66,882,258
87$82,278,399$28,510,777$20,615,773$73,244,727
88$90,591,250$29,828,260$21,226,856$80,240,637
89$99,749,507$31,207,794$21,855,905$87,934,048
90$109,839,321$32,652,340$22,503,443$96,395,537
91$120,955,630$34,165,004$23,170,006$105,702,857
92$133,203,053$35,749,037$23,856,150$115,941,670
93$146,696,877$37,407,852$24,562,443$127,206,353
94$161,564,144$39,145,023$25,289,471$139,600,885
95$177,944,854$40,964,297$26,037,836$153,239,826
96$195,993,284$42,869,602$26,808,158$168,249,395
97$215,879,442$44,865,055$27,601,075$184,768,661
98$237,790,676$46,954,974$28,417,241$202,950,846
99$261,933,439$49,143,882$29,257,333$222,964,774
100$288,535,240$51,436,522$30,122,043$244,996,458