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%17.8%
1 years$1,486,423$1,473,183$1,460,265$1,447,657$1,435,345$1,389,955
2 years$735,853$722,148$708,867$695,989$683,498$638,180
3 years$485,696$471,932$458,684$445,927$433,639$389,815
4 years$360,642$346,920$333,804$321,265$309,275$267,280
5 years$285,629$271,990$259,046$246,762$235,106$195,053
6 years$235,636$222,100$209,347$197,338$186,031$147,955
7 years$199,942$186,519$173,969$162,242$151,293$115,189
8 years$173,183$159,881$147,539$136,101$125,512$91,357
9 years$152,381$139,205$127,076$115,928$105,700$73,454
10 years$135,750$122,703$110,787$99,931$90,061$59,678
11 years$122,151$109,235$97,535$86,970$77,456$48,879
12 years$110,827$98,044$86,560$76,284$67,122$40,290
13 years$101,253$88,603$77,336$67,348$58,531$33,381
14 years$93,053$80,537$69,487$59,784$51,308$27,771
15 years$85,953$73,572$62,737$53,317$45,176$23,181
16 years$79,747$67,501$56,880$47,739$39,926$19,404
17 years$74,276$62,166$51,759$42,893$35,402$16,279
18 years$69,419$57,444$47,249$38,655$31,477$13,683
19 years$65,078$53,239$43,254$34,929$28,057$11,519
20 years$61,176$49,472$39,697$31,634$25,061$9,710
21 years$57,651$46,081$36,513$28,710$22,426$8,194
22 years$54,450$43,015$33,653$26,104$20,102$6,922
23 years$51,531$40,231$31,072$23,774$18,045$5,851
24 years$48,860$37,694$28,737$21,683$16,219$4,949
25 years$46,407$35,374$26,616$19,802$14,595$4,189
26 years$44,146$33,246$24,685$18,106$13,146$3,547
27 years$42,055$31,288$22,922$16,573$11,853$3,004
28 years$40,118$29,483$21,309$15,184$10,695$2,546
29 years$38,318$27,814$19,830$13,924$9,657$2,158
30 years$36,640$26,267$18,471$12,779$8,726$1,829
31 years$35,074$24,831$17,220$11,737$7,889$1,551
32 years$33,609$23,495$16,066$10,786$7,136$1,315
33 years$32,235$22,250$15,001$9,919$6,458$1,116
34 years$30,945$21,088$14,016$9,126$5,847$947
35 years$29,732$20,002$13,104$8,401$5,296$803
36 years$28,588$18,985$12,259$7,737$4,798$681
37 years$27,509$18,031$11,474$7,129$4,349$578
38 years$26,489$17,136$10,745$6,571$3,943$491
39 years$25,524$16,295$10,067$6,059$3,575$416
40 years$24,609$15,503$9,436$5,588$3,243$353
41 years$23,741$14,757$8,848$5,156$2,942$300
42 years$22,917$14,054$8,299$4,758$2,670$255
43 years$22,133$13,391$7,788$4,392$2,423$216
44 years$21,387$12,764$7,310$4,056$2,199$183
45 years$20,676$12,172$6,864$3,745$1,997$156
46 years$19,997$11,612$6,447$3,460$1,813$132
47 years$19,350$11,081$6,057$3,196$1,646$112
48 years$18,732$10,578$5,692$2,954$1,495$95
49 years$18,140$10,102$5,350$2,730$1,358$81
50 years$17,574$9,650$5,030$2,523$1,233$69

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 $2,168 every year, while hoping to spend $57,947 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: 59/18/23 Blend
44$18,000,000$18,000,000$18,000,000$18,000,000
45$19,838,236$18,884,236$18,605,236$20,886,532
46$21,800,081$19,747,909$19,166,857$22,463,564
47$23,960,092$20,651,959$19,745,349$24,176,322
48$26,338,421$21,598,304$20,341,218$26,043,147
49$28,957,273$22,588,954$20,954,981$28,078,980
50$31,841,116$23,626,014$21,587,175$30,300,254
51$35,016,913$24,711,692$22,238,348$32,725,047
52$38,514,373$25,848,300$22,909,067$35,373,247
53$42,366,234$27,038,262$23,599,917$38,266,737
54$46,608,573$28,284,119$24,311,496$41,429,595
55$51,281,141$29,588,535$25,044,425$44,888,316
56$56,427,743$30,954,299$25,799,339$48,672,062
57$62,096,651$32,384,337$26,576,895$52,812,924
58$68,341,055$33,881,715$27,377,767$57,346,226
59$75,219,571$35,449,648$28,202,650$62,310,851
60$82,796,788$37,091,502$29,052,260$67,749,601
61$91,143,884$38,810,809$29,927,334$73,709,595
62$100,339,291$40,611,269$30,828,631$80,242,708
63$110,469,440$42,496,763$31,756,931$87,406,053
64$121,629,573$44,471,354$32,713,038$95,262,515
65$133,924,646$46,539,307$33,697,781$103,881,335
66$147,470,315$48,705,088$34,712,012$113,338,757
67$162,394,031$50,973,382$35,756,609$123,718,741
68$178,836,241$53,349,096$36,832,474$135,113,743
69$196,951,714$55,837,378$37,940,539$147,625,586
70$216,911,002$58,443,623$39,081,760$161,366,405
71$238,902,049$61,173,485$40,257,123$176,459,700
72$263,131,966$64,032,894$41,467,645$193,041,491
73$289,828,984$67,028,063$42,714,369$211,261,593
74$319,244,611$70,165,509$43,998,371$231,285,016
75$351,656,004$73,452,062$45,320,759$253,293,515
76$387,368,585$76,894,881$46,682,673$277,487,294
77$426,718,925$80,501,475$48,085,286$304,086,881
78$470,077,920$84,279,712$49,529,808$333,335,199
79$517,854,293$88,237,842$51,017,482$365,499,844
80$570,498,451$92,384,517$52,549,588$400,875,602
81$628,506,738$96,728,804$54,127,444$439,787,211
82$692,426,121$101,280,210$55,752,409$482,592,415
83$762,859,348$106,048,704$57,425,878$529,685,325
84$840,470,647$111,044,735$59,149,290$581,500,122
85$925,991,987$116,279,261$60,924,125$638,515,141
86$1,020,229,993$121,763,769$62,751,907$701,257,365
87$1,124,073,561$127,510,302$64,634,204$770,307,383
88$1,238,502,246$133,531,489$66,572,632$846,304,852
89$1,364,595,513$139,840,570$68,568,853$929,954,512
90$1,503,542,923$146,451,425$70,624,577$1,022,032,822
91$1,656,655,367$153,378,611$72,741,566$1,123,395,264
92$1,825,377,438$160,637,387$74,921,633$1,234,984,397
93$2,011,301,073$168,243,754$77,166,643$1,357,838,730
94$2,216,180,575$176,214,491$79,478,518$1,493,102,504
95$2,441,949,180$184,567,187$81,859,235$1,642,036,460
96$2,690,737,306$193,320,289$84,310,829$1,806,029,721
97$2,964,892,663$202,493,136$86,835,394$1,986,612,873
98$3,267,002,422$212,106,007$89,435,087$2,185,472,383
99$3,599,917,634$222,180,166$92,112,127$2,404,466,491
100$3,966,780,148$232,737,909$94,868,799$2,645,642,719