Can I retire at age 67 with 11,400,000?

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 $11,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$941,401$933,016$924,835$916,849$909,052$896,207
2 years$466,040$457,361$448,949$440,793$432,882$419,966
3 years$307,607$298,890$290,500$282,420$274,638$262,052
4 years$228,406$219,716$211,409$203,468$195,874$183,716
5 years$180,898$172,260$164,062$156,283$148,900$137,204
6 years$149,236$140,663$132,587$124,981$117,820$106,600
7 years$126,630$118,129$110,180$102,754$95,819$85,080
8 years$109,682$101,258$93,442$86,197$79,491$69,230
9 years$96,508$88,163$80,481$73,421$66,943$57,156
10 years$85,975$77,712$70,165$63,290$57,039$47,719
11 years$77,362$69,182$61,772$55,081$49,055$40,193
12 years$70,191$62,094$54,821$48,313$42,510$34,095
13 years$64,127$56,115$48,979$42,653$37,070$29,090
14 years$58,934$51,007$44,008$37,863$32,495$24,939
15 years$54,437$46,596$39,733$33,767$28,611$21,465
16 years$50,506$42,751$36,024$30,235$25,287$18,537
17 years$47,042$39,372$32,781$27,166$22,421$16,054
18 years$43,965$36,381$29,924$24,482$19,936$13,937
19 years$41,216$33,718$27,394$22,121$17,769$12,124
20 years$38,745$31,332$25,141$20,035$15,872$10,565
21 years$36,512$29,185$23,125$18,183$14,203$9,221
22 years$34,485$27,243$21,313$16,533$12,731$8,058
23 years$32,637$25,480$19,679$15,057$11,428$7,050
24 years$30,945$23,873$18,200$13,733$10,272$6,174
25 years$29,391$22,404$16,857$12,541$9,243$5,412
26 years$27,959$21,056$15,634$11,467$8,326$4,747
27 years$26,635$19,816$14,517$10,496$7,507$4,167
28 years$25,408$18,672$13,496$9,617$6,773$3,659
29 years$24,268$17,615$12,559$8,819$6,116$3,215
30 years$23,205$16,636$11,698$8,093$5,526$2,826
31 years$22,214$15,726$10,906$7,433$4,996$2,485
32 years$21,286$14,880$10,175$6,831$4,520$2,186
33 years$20,416$14,092$9,501$6,282$4,090$1,924
34 years$19,599$13,356$8,877$5,780$3,703$1,693
35 years$18,830$12,668$8,299$5,321$3,354$1,491
36 years$18,106$12,024$7,764$4,900$3,039$1,313
37 years$17,422$11,420$7,267$4,515$2,754$1,156
38 years$16,776$10,853$6,805$4,162$2,497$1,018
39 years$16,165$10,320$6,376$3,837$2,264$897
40 years$15,586$9,819$5,976$3,539$2,054$790
41 years$15,036$9,346$5,603$3,265$1,863$696
42 years$14,514$8,901$5,256$3,014$1,691$614
43 years$14,017$8,481$4,932$2,782$1,535$541
44 years$13,545$8,084$4,630$2,569$1,393$477
45 years$13,095$7,709$4,347$2,372$1,264$420
46 years$12,665$7,354$4,083$2,191$1,148$370
47 years$12,255$7,018$3,836$2,024$1,043$326
48 years$11,863$6,700$3,605$1,871$947$288
49 years$11,489$6,398$3,388$1,729$860$254
50 years$11,130$6,111$3,185$1,598$781$224

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $11,400,000, adding $5,824 every year, while hoping to spend $53,265 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: 24/46/30 Blend
66$11,400,000$11,400,000$11,400,000$11,400,000
67$12,568,807$11,964,607$11,787,907$12,752,098
68$13,794,152$12,494,200$12,126,129$13,440,169
69$15,142,697$13,047,957$12,473,895$14,171,969
70$16,626,952$13,627,006$12,831,471$14,954,911
71$18,260,701$14,232,530$13,199,125$15,793,294
72$20,059,134$14,865,765$13,577,137$16,691,819
73$22,038,986$15,528,008$13,965,791$17,655,626
74$24,218,698$16,220,615$14,365,380$18,690,339
75$26,618,590$16,945,010$14,776,206$19,802,111
76$29,261,053$17,702,683$15,198,576$20,997,679
77$32,170,759$18,495,193$15,632,807$22,284,421
78$35,374,896$19,324,177$16,079,225$23,670,415
79$38,903,420$20,191,346$16,538,164$25,164,516
80$42,789,342$21,098,496$17,009,966$26,776,426
81$47,069,038$22,047,506$17,494,983$28,516,783
82$51,782,592$23,040,345$17,993,577$30,397,249
83$56,974,172$24,079,078$18,506,117$32,430,619
84$62,692,451$25,165,866$19,032,986$34,630,926
85$68,991,062$26,302,974$19,574,572$37,013,569
86$75,929,107$27,492,776$20,131,276$39,595,449
87$83,571,712$28,737,759$20,703,510$42,395,118
88$91,990,645$30,040,527$21,291,696$45,432,946
89$101,264,990$31,403,812$21,896,267$48,731,301
90$111,481,894$32,830,474$22,517,667$52,314,749
91$122,737,389$34,323,510$23,156,351$56,210,278
92$135,137,303$35,886,061$23,812,788$60,447,537
93$148,798,249$37,521,420$24,487,459$65,059,106
94$163,848,736$39,233,035$25,180,854$70,080,790
95$180,430,374$41,024,520$25,893,479$75,551,943
96$198,699,214$42,899,664$26,625,853$81,515,826
97$218,827,222$44,862,436$27,378,507$88,020,000
98$241,003,899$46,916,995$28,151,987$95,116,762
99$265,438,070$49,067,701$28,946,852$102,863,620
100$292,359,857$51,319,122$29,763,676$111,323,818