Can I retire at age 45 with 18,000,000?

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 $18,000,000?

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$1,486,423$1,473,183$1,460,265$1,447,657$1,435,345$1,406,365
2 years$735,853$722,148$708,867$695,989$683,498$654,428
3 years$485,696$471,932$458,684$445,927$433,639$405,386
4 years$360,642$346,920$333,804$321,265$309,275$282,056
5 years$285,629$271,990$259,046$246,762$235,106$208,999
6 years$235,636$222,100$209,347$197,338$186,031$161,065
7 years$199,942$186,519$173,969$162,242$151,293$127,473
8 years$173,183$159,881$147,539$136,101$125,512$102,830
9 years$152,381$139,205$127,076$115,928$105,700$84,141
10 years$135,750$122,703$110,787$99,931$90,061$69,605
11 years$122,151$109,235$97,535$86,970$77,456$58,077
12 years$110,827$98,044$86,560$76,284$67,122$48,792
13 years$101,253$88,603$77,336$67,348$58,531$41,220
14 years$93,053$80,537$69,487$59,784$51,308$34,983
15 years$85,953$73,572$62,737$53,317$45,176$29,801
16 years$79,747$67,501$56,880$47,739$39,926$25,467
17 years$74,276$62,166$51,759$42,893$35,402$21,820
18 years$69,419$57,444$47,249$38,655$31,477$18,738
19 years$65,078$53,239$43,254$34,929$28,057$16,121
20 years$61,176$49,472$39,697$31,634$25,061$13,892
21 years$57,651$46,081$36,513$28,710$22,426$11,987
22 years$54,450$43,015$33,653$26,104$20,102$10,356
23 years$51,531$40,231$31,072$23,774$18,045$8,956
24 years$48,860$37,694$28,737$21,683$16,219$7,751
25 years$46,407$35,374$26,616$19,802$14,595$6,714
26 years$44,146$33,246$24,685$18,106$13,146$5,819
27 years$42,055$31,288$22,922$16,573$11,853$5,046
28 years$40,118$29,483$21,309$15,184$10,695$4,378
29 years$38,318$27,814$19,830$13,924$9,657$3,800
30 years$36,640$26,267$18,471$12,779$8,726$3,300
31 years$35,074$24,831$17,220$11,737$7,889$2,866
32 years$33,609$23,495$16,066$10,786$7,136$2,490
33 years$32,235$22,250$15,001$9,919$6,458$2,164
34 years$30,945$21,088$14,016$9,126$5,847$1,881
35 years$29,732$20,002$13,104$8,401$5,296$1,635
36 years$28,588$18,985$12,259$7,737$4,798$1,421
37 years$27,509$18,031$11,474$7,129$4,349$1,236
38 years$26,489$17,136$10,745$6,571$3,943$1,075
39 years$25,524$16,295$10,067$6,059$3,575$935
40 years$24,609$15,503$9,436$5,588$3,243$813
41 years$23,741$14,757$8,848$5,156$2,942$707
42 years$22,917$14,054$8,299$4,758$2,670$615
43 years$22,133$13,391$7,788$4,392$2,423$535
44 years$21,387$12,764$7,310$4,056$2,199$466
45 years$20,676$12,172$6,864$3,745$1,997$405
46 years$19,997$11,612$6,447$3,460$1,813$353
47 years$19,350$11,081$6,057$3,196$1,646$307
48 years$18,732$10,578$5,692$2,954$1,495$267
49 years$18,140$10,102$5,350$2,730$1,358$232
50 years$17,574$9,650$5,030$2,523$1,233$202

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $18,000,000, adding $4,405 every year, while hoping to spend $53,423 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: 72/22/6 Blend
44$18,000,000$18,000,000$18,000,000$18,000,000
45$19,840,544$18,886,544$18,607,544$21,254,380
46$21,807,438$19,755,143$19,174,055$23,055,870
47$23,973,164$20,664,513$19,757,753$25,020,458
48$26,357,948$21,616,595$20,359,159$27,169,814
49$28,984,074$22,613,424$20,978,807$29,522,125
50$31,876,100$23,657,132$21,617,248$32,097,400
51$35,061,086$24,749,955$22,275,049$34,917,662
52$38,568,850$25,894,236$22,952,796$38,007,147
53$42,432,249$27,092,430$23,651,091$41,392,529
54$46,687,490$28,347,110$24,370,554$45,103,168
55$51,374,471$29,660,975$25,111,824$49,171,384
56$56,537,156$31,036,853$25,875,560$53,632,753
57$62,223,995$32,477,707$26,662,440$58,526,444
58$68,488,372$33,986,644$27,473,161$63,895,573
59$75,389,117$35,566,922$28,308,444$69,787,618
60$82,991,060$37,221,953$29,169,029$76,254,847
61$91,365,636$38,955,317$30,055,680$83,354,816
62$100,591,568$40,770,765$30,969,182$91,150,900
63$110,755,604$42,672,228$31,910,346$99,712,888
64$121,953,338$44,663,830$32,880,005$109,117,630
65$134,290,112$46,749,891$33,879,018$119,449,760
66$147,882,009$48,934,941$34,908,271$130,802,483
67$162,856,951$51,223,730$35,968,675$143,278,450
68$179,355,902$53,621,235$37,061,168$156,990,715
69$197,534,203$56,132,675$38,186,716$172,063,798
70$217,563,038$58,763,522$39,346,317$188,634,845
71$239,631,044$61,519,511$40,540,995$206,854,918
72$263,946,100$64,406,656$41,771,807$226,890,409
73$290,737,280$67,431,260$43,039,841$248,924,598
74$320,257,025$70,599,934$44,346,218$273,159,376
75$352,783,516$73,919,606$45,692,091$299,817,135
76$388,623,308$77,397,540$47,078,650$329,142,857
77$428,114,219$81,041,353$48,507,118$361,406,415
78$471,628,520$84,859,030$49,978,757$396,905,106
79$519,576,449$88,858,942$51,494,865$435,966,441
80$572,410,084$93,049,868$53,056,781$478,951,226
81$630,627,611$97,441,009$54,665,881$526,256,951
82$694,778,023$102,042,015$56,323,584$578,321,526
83$765,466,309$106,863,001$58,031,352$635,627,397
84$843,359,160$111,914,575$59,790,689$698,706,086
85$929,191,263$117,207,858$61,603,146$768,143,185
86$1,023,772,238$122,754,510$63,470,318$844,583,872
87$1,127,994,282$128,566,757$65,393,849$928,738,973
88$1,242,840,589$134,657,418$67,375,433$1,021,391,658
89$1,369,394,633$141,039,935$69,416,814$1,123,404,809
90$1,508,850,394$147,728,400$71,519,786$1,235,729,144
91$1,662,523,634$154,737,592$73,686,199$1,359,412,165
92$1,831,864,316$162,083,005$75,917,957$1,495,608,024
93$2,018,470,290$169,780,886$78,217,023$1,645,588,394
94$2,224,102,382$177,848,272$80,585,415$1,810,754,439
95$2,450,701,013$186,303,025$83,025,215$1,992,650,021
96$2,700,404,520$195,163,878$85,538,564$2,192,976,238
97$2,975,569,344$204,450,470$88,127,668$2,413,607,453
98$3,278,792,271$214,183,397$90,794,799$2,656,608,957
99$3,612,934,955$224,384,256$93,542,297$2,924,256,429
100$3,981,150,927$235,075,691$96,372,571$3,219,057,384