Can I retire at age 67 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%14%
1 years$949,659$941,200$932,947$924,892$917,026$901,834
2 years$470,128$461,373$452,887$444,660$436,679$421,418
3 years$310,306$301,512$293,048$284,898$277,047$262,192
4 years$230,410$221,643$213,264$205,253$197,592$183,257
5 years$182,485$173,771$165,501$157,654$150,207$136,433
6 years$150,546$141,897$133,750$126,077$118,853$105,657
7 years$127,741$119,165$111,147$103,655$96,660$84,044
8 years$110,645$102,146$94,261$86,953$80,188$68,152
9 years$97,355$88,937$81,187$74,065$67,530$56,066
10 years$86,729$78,393$70,781$63,845$57,539$46,637
11 years$78,041$69,789$62,314$55,564$49,486$39,134
12 years$70,806$62,639$55,302$48,737$42,883$33,070
13 years$64,689$56,607$49,409$43,028$37,395$28,104
14 years$59,451$51,454$44,394$38,195$32,780$23,997
15 years$54,914$47,005$40,082$34,063$28,862$20,570
16 years$50,949$43,126$36,340$30,500$25,509$17,690
17 years$47,454$39,717$33,068$27,404$22,618$15,255
18 years$44,351$36,701$30,187$24,697$20,111$13,186
19 years$41,578$34,014$27,635$22,315$17,925$11,420
20 years$39,085$31,607$25,362$20,211$16,011$9,908
21 years$36,832$29,441$23,328$18,343$14,328$8,608
22 years$34,787$27,482$21,500$16,678$12,843$7,488
23 years$32,923$25,703$19,852$15,189$11,529$6,521
24 years$31,216$24,082$18,359$13,853$10,362$5,684
25 years$29,649$22,600$17,005$12,651$9,324$4,959
26 years$28,204$21,240$15,771$11,568$8,399$4,329
27 years$26,869$19,990$14,645$10,588$7,572$3,781
28 years$25,631$18,836$13,614$9,701$6,833$3,305
29 years$24,481$17,770$12,669$8,896$6,170$2,890
30 years$23,409$16,782$11,801$8,164$5,575$2,528
31 years$22,408$15,864$11,002$7,498$5,040$2,212
32 years$21,472$15,011$10,265$6,891$4,559$1,936
33 years$20,595$14,215$9,584$6,337$4,126$1,695
34 years$19,771$13,473$8,955$5,831$3,736$1,484
35 years$18,995$12,779$8,372$5,367$3,384$1,300
36 years$18,265$12,129$7,832$4,943$3,066$1,139
37 years$17,575$11,520$7,331$4,555$2,779$998
38 years$16,923$10,948$6,865$4,198$2,519$875
39 years$16,307$10,410$6,432$3,871$2,284$767
40 years$15,722$9,905$6,028$3,570$2,072$672
41 years$15,168$9,428$5,653$3,294$1,880$589
42 years$14,641$8,979$5,302$3,040$1,706$516
43 years$14,140$8,555$4,976$2,806$1,548$453
44 years$13,664$8,155$4,670$2,591$1,405$397
45 years$13,209$7,777$4,385$2,393$1,276$348
46 years$12,776$7,419$4,119$2,210$1,158$305
47 years$12,363$7,080$3,870$2,042$1,052$268
48 years$11,967$6,758$3,636$1,887$955$235
49 years$11,590$6,454$3,418$1,744$867$206
50 years$11,228$6,165$3,213$1,612$788$181

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $11,500,000, adding $5,585 every year, while hoping to spend $40,250 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: 51/19/30 Blend
66$11,500,000$11,500,000$11,500,000$11,500,000
67$12,678,761$12,069,261$11,891,011$13,217,638
68$13,929,169$12,617,829$12,246,534$14,143,426
69$15,305,769$13,191,928$12,612,618$15,145,127
70$16,821,392$13,792,766$12,989,575$16,233,665
71$18,490,172$14,421,610$13,377,724$17,417,336
72$20,327,688$15,079,787$13,777,396$18,705,261
73$22,351,102$15,768,687$14,188,929$20,107,471
74$24,579,330$16,489,768$14,612,674$21,634,993
75$27,033,212$17,244,558$15,048,989$23,299,956
76$29,735,715$18,034,655$15,498,244$25,115,702
77$32,712,143$18,861,739$15,960,821$27,096,906
78$35,990,384$19,727,566$16,437,111$29,259,711
79$39,601,166$20,633,980$16,927,517$31,621,882
80$43,578,350$21,582,910$17,432,454$34,202,961
81$47,959,249$22,576,381$17,952,349$37,024,456
82$52,784,982$23,616,512$18,487,641$40,110,035
83$58,100,856$24,705,528$19,038,784$43,485,745
84$63,956,802$25,845,757$19,606,242$47,180,256
85$70,407,839$27,039,642$20,190,493$51,225,126
86$77,514,595$28,289,741$20,792,032$55,655,093
87$85,343,883$29,598,738$21,411,365$60,508,398
88$93,969,327$30,969,444$22,049,013$65,827,142
89$103,472,058$32,404,806$22,705,514$71,657,676
90$113,941,480$33,907,914$23,381,421$78,051,034
91$125,476,114$35,482,004$24,077,302$85,063,410
92$138,184,527$37,130,473$24,793,741$92,756,677
93$152,186,359$38,856,876$25,531,342$101,198,972
94$167,613,449$40,664,944$26,290,723$110,465,326
95$184,611,080$42,558,586$27,072,522$120,638,369
96$203,339,354$44,541,900$27,877,394$131,809,100
97$223,974,696$46,619,181$28,706,015$144,077,742
98$246,711,527$48,794,933$29,559,079$157,554,674
99$271,764,094$51,073,876$30,437,299$172,361,470
100$299,368,495$53,460,959$31,341,412$188,632,037