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%18.8%
1 years$1,486,423$1,473,183$1,460,265$1,447,657$1,435,345$1,384,418
2 years$735,853$722,148$708,867$695,989$683,498$632,732
3 years$485,696$471,932$458,684$445,927$433,639$384,631
4 years$360,642$346,920$333,804$321,265$309,275$262,398
5 years$285,629$271,990$259,046$246,762$235,106$190,484
6 years$235,636$222,100$209,347$197,338$186,031$143,697
7 years$199,942$186,519$173,969$162,242$151,293$111,238
8 years$173,183$159,881$147,539$136,101$125,512$87,703
9 years$152,381$139,205$127,076$115,928$105,700$70,087
10 years$135,750$122,703$110,787$99,931$90,061$56,584
11 years$122,151$109,235$97,535$86,970$77,456$46,046
12 years$110,827$98,044$86,560$76,284$67,122$37,703
13 years$101,253$88,603$77,336$67,348$58,531$31,026
14 years$93,053$80,537$69,487$59,784$51,308$25,632
15 years$85,953$73,572$62,737$53,317$45,176$21,245
16 years$79,747$67,501$56,880$47,739$39,926$17,655
17 years$74,276$62,166$51,759$42,893$35,402$14,703
18 years$69,419$57,444$47,249$38,655$31,477$12,267
19 years$65,078$53,239$43,254$34,929$28,057$10,249
20 years$61,176$49,472$39,697$31,634$25,061$8,574
21 years$57,651$46,081$36,513$28,710$22,426$7,180
22 years$54,450$43,015$33,653$26,104$20,102$6,017
23 years$51,531$40,231$31,072$23,774$18,045$5,046
24 years$48,860$37,694$28,737$21,683$16,219$4,235
25 years$46,407$35,374$26,616$19,802$14,595$3,556
26 years$44,146$33,246$24,685$18,106$13,146$2,986
27 years$42,055$31,288$22,922$16,573$11,853$2,509
28 years$40,118$29,483$21,309$15,184$10,695$2,109
29 years$38,318$27,814$19,830$13,924$9,657$1,773
30 years$36,640$26,267$18,471$12,779$8,726$1,491
31 years$35,074$24,831$17,220$11,737$7,889$1,254
32 years$33,609$23,495$16,066$10,786$7,136$1,055
33 years$32,235$22,250$15,001$9,919$6,458$887
34 years$30,945$21,088$14,016$9,126$5,847$746
35 years$29,732$20,002$13,104$8,401$5,296$628
36 years$28,588$18,985$12,259$7,737$4,798$528
37 years$27,509$18,031$11,474$7,129$4,349$445
38 years$26,489$17,136$10,745$6,571$3,943$374
39 years$25,524$16,295$10,067$6,059$3,575$315
40 years$24,609$15,503$9,436$5,588$3,243$265
41 years$23,741$14,757$8,848$5,156$2,942$223
42 years$22,917$14,054$8,299$4,758$2,670$188
43 years$22,133$13,391$7,788$4,392$2,423$158
44 years$21,387$12,764$7,310$4,056$2,199$133
45 years$20,676$12,172$6,864$3,745$1,997$112
46 years$19,997$11,612$6,447$3,460$1,813$94
47 years$19,350$11,081$6,057$3,196$1,646$79
48 years$18,732$10,578$5,692$2,954$1,495$67
49 years$18,140$10,102$5,350$2,730$1,358$56
50 years$17,574$9,650$5,030$2,523$1,233$47

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 $5,971 every year, while hoping to spend $50,175 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: 60/14/26 Blend
44$18,000,000$18,000,000$18,000,000$18,000,000
45$19,842,159$18,888,159$18,609,159$20,893,545
46$21,812,674$19,760,293$19,179,180$22,482,272
47$23,982,499$20,673,480$19,766,615$24,209,050
48$26,371,912$21,629,678$20,371,995$26,092,162
49$29,003,255$22,630,941$20,995,865$28,146,829
50$31,901,150$23,679,420$21,638,790$30,389,799
51$35,092,727$24,777,371$22,301,348$32,839,497
52$38,607,880$25,927,158$22,984,139$35,516,198
53$42,479,554$27,131,259$23,687,778$38,442,213
54$46,744,049$28,392,271$24,412,899$41,642,097
55$51,441,368$29,712,917$25,160,156$45,142,875
56$56,615,589$31,096,053$25,930,224$48,974,293
57$62,315,288$32,544,668$26,723,795$53,169,094
58$68,593,992$34,061,901$27,541,586$57,763,324
59$75,510,683$35,651,038$28,384,333$62,796,662
60$83,130,359$37,315,526$29,252,795$68,312,797
61$91,524,647$39,058,978$30,147,755$74,359,827
62$100,772,474$40,885,181$31,070,018$80,990,714
63$110,960,818$42,798,106$32,020,415$88,263,772
64$122,185,523$44,801,915$32,999,801$96,243,216
65$134,552,210$46,900,972$34,009,057$104,999,760
66$148,177,267$49,099,851$35,049,093$114,611,276
67$163,188,953$51,403,349$36,120,842$125,163,524
68$179,728,606$53,816,492$37,225,269$136,750,955
69$197,951,976$56,344,553$38,363,368$149,477,592
70$218,030,698$58,993,056$39,536,162$163,458,007
71$240,153,909$61,767,797$40,744,703$178,818,392
72$264,530,037$64,674,848$41,990,080$195,697,742
73$291,388,763$67,720,578$43,273,410$214,249,161
74$320,983,195$70,911,663$44,595,847$234,641,292
75$353,592,250$74,255,105$45,958,578$257,059,904
76$389,523,296$77,758,241$47,362,826$281,709,635
77$429,115,044$81,428,767$48,809,853$308,815,911
78$472,740,753$85,274,750$50,300,957$338,627,062
79$520,811,746$89,304,650$51,837,476$371,416,661
80$573,781,302$93,527,335$53,420,789$407,486,086
81$632,148,925$97,952,105$55,052,315$447,167,358
82$696,465,066$102,588,709$56,733,519$490,826,261
83$767,336,318$107,447,371$58,465,907$538,865,779
84$845,431,139$112,538,809$60,251,031$591,729,892
85$931,486,168$117,874,263$62,090,493$649,907,743
86$1,026,313,173$123,465,517$63,985,940$713,938,248
87$1,130,806,717$129,324,929$65,939,071$784,415,165
88$1,245,952,606$135,465,454$67,951,633$861,992,680
89$1,372,837,189$141,900,678$70,025,430$947,391,568
90$1,512,657,618$148,644,847$72,162,317$1,041,405,978
91$1,666,733,148$155,712,898$74,364,208$1,144,910,908
92$1,836,517,593$163,120,494$76,633,073$1,258,870,450
93$2,023,613,047$170,884,058$78,970,941$1,384,346,868
94$2,229,785,014$179,020,813$81,379,903$1,522,510,603
95$2,456,979,070$187,548,816$83,862,114$1,674,651,302
96$2,707,339,232$196,487,006$86,419,793$1,842,189,968
97$2,983,228,203$205,855,238$89,055,224$2,026,692,349
98$3,287,249,670$215,674,335$91,770,765$2,229,883,697
99$3,622,272,891$225,966,132$94,568,840$2,453,665,022
100$3,991,459,779$236,753,526$97,451,949$2,700,131,017