Can I retire at age 45 with 18,200,000?

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 $18,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,411,630
2 years$744,029$730,172$716,743$703,722$691,092$651,421
3 years$491,092$477,176$463,780$450,882$438,457$400,021
4 years$364,649$350,775$337,513$324,835$312,711$275,805
5 years$288,802$275,012$261,924$249,504$237,718$202,444
6 years$238,255$224,568$211,674$199,531$188,098$154,489
7 years$202,163$188,592$175,902$164,045$152,974$121,031
8 years$175,107$161,658$149,179$137,613$126,907$96,613
9 years$154,074$140,752$128,487$117,216$106,874$78,201
10 years$137,258$124,066$112,018$101,041$91,062$63,974
11 years$123,508$110,449$98,619$87,936$78,316$52,770
12 years$112,059$99,133$87,522$77,132$67,867$43,815
13 years$102,378$89,587$78,195$68,096$59,182$36,572
14 years$94,087$81,432$70,259$60,448$51,878$30,658
15 years$86,908$74,390$63,434$53,909$45,678$25,791
16 years$80,633$68,251$57,512$48,270$40,370$21,759
17 years$75,102$62,857$52,334$43,370$35,795$18,402
18 years$70,190$58,083$47,774$39,085$31,827$15,595
19 years$65,801$53,830$43,735$35,317$28,368$13,238
20 years$61,856$50,022$40,138$31,986$25,339$11,253
21 years$58,291$46,593$36,919$29,029$22,676$9,577
22 years$55,055$43,493$34,027$26,394$20,325$8,159
23 years$52,104$40,678$31,417$24,038$18,245$6,957
24 years$49,403$38,113$29,056$21,924$16,399$5,937
25 years$46,922$35,767$26,912$20,022$14,757$5,069
26 years$44,636$33,615$24,959$18,307$13,292$4,330
27 years$42,523$31,636$23,177$16,757$11,984$3,701
28 years$40,564$29,810$21,546$15,353$10,814$3,164
29 years$38,743$28,123$20,050$14,079$9,764$2,706
30 years$37,047$26,559$18,676$12,921$8,823$2,315
31 years$35,464$25,107$17,411$11,867$7,977$1,981
32 years$33,982$23,756$16,245$10,906$7,215$1,695
33 years$32,594$22,498$15,168$10,029$6,530$1,451
34 years$31,289$21,323$14,172$9,228$5,912$1,243
35 years$30,062$20,224$13,250$8,494$5,355$1,064
36 years$28,906$19,196$12,395$7,823$4,852$911
37 years$27,815$18,231$11,601$7,208$4,397$780
38 years$26,783$17,326$10,864$6,644$3,987$668
39 years$25,807$16,476$10,179$6,126$3,615$572
40 years$24,882$15,675$9,540$5,650$3,279$490
41 years$24,005$14,921$8,946$5,213$2,975$420
42 years$23,171$14,211$8,392$4,811$2,699$360
43 years$22,379$13,540$7,874$4,441$2,450$308
44 years$21,624$12,906$7,391$4,101$2,224$264
45 years$20,905$12,307$6,940$3,787$2,019$226
46 years$20,220$11,741$6,518$3,498$1,833$194
47 years$19,565$11,204$6,124$3,232$1,664$166
48 years$18,940$10,696$5,755$2,986$1,511$142
49 years$18,342$10,214$5,409$2,760$1,373$122
50 years$17,770$9,757$5,085$2,551$1,247$104

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $18,200,000, adding $6,235 every year, while hoping to spend $44,082 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: 58/23/19 Blend
44$18,200,000$18,200,000$18,200,000$18,200,000
45$20,062,831$19,098,231$18,816,131$21,125,525
46$22,062,337$19,987,142$19,399,569$22,736,659
47$24,264,315$20,918,131$20,001,074$24,486,924
48$26,689,371$21,893,216$20,621,206$26,394,070
49$29,360,211$22,914,507$21,260,540$28,473,234
50$32,301,854$23,984,220$21,919,670$30,741,060
51$35,541,873$25,104,676$22,599,209$33,215,849
52$39,110,649$26,278,310$23,299,786$35,917,731
53$43,041,659$27,507,672$24,022,054$38,868,849
54$47,371,798$28,795,436$24,766,682$42,093,559
55$52,141,717$30,144,408$25,534,361$45,618,658
56$57,396,214$31,557,527$26,325,805$49,473,627
57$63,184,656$33,037,873$27,141,747$53,690,908
58$69,561,440$34,588,679$27,982,945$58,306,198
59$76,586,513$36,213,330$28,850,180$63,358,782
60$84,325,932$37,915,378$29,744,256$68,891,897
61$92,852,492$39,698,546$30,666,003$74,953,132
62$102,246,407$41,566,736$31,616,275$81,594,866
63$112,596,076$43,524,041$32,595,955$88,874,761
64$123,998,907$45,574,751$33,605,951$96,856,289
65$136,562,246$47,723,363$34,647,201$105,609,331
66$150,404,381$49,974,595$35,720,668$115,210,821
67$165,655,667$52,333,389$36,827,350$125,745,464
68$182,459,750$54,804,930$37,968,271$137,306,525
69$200,974,927$57,394,654$39,144,491$149,996,701
70$221,375,637$60,108,259$40,357,098$163,929,076
71$243,854,109$62,951,721$41,607,218$179,228,177
72$268,622,177$65,931,305$42,896,009$196,031,139
73$295,913,280$69,053,579$44,224,665$214,488,987
74$325,984,661$72,325,431$45,594,418$234,768,044
75$359,119,802$75,754,083$47,006,537$257,051,493
76$395,631,096$79,347,107$48,462,330$281,541,086
77$435,862,795$83,112,443$49,963,146$308,459,037
78$480,194,264$87,058,416$51,510,375$338,050,102
79$529,043,557$91,193,756$53,105,451$370,583,873
80$582,871,366$95,527,617$54,749,849$406,357,304
81$642,185,371$100,069,595$56,445,095$445,697,499
82$707,545,029$104,829,756$58,192,756$488,964,778
83$779,566,861$109,818,653$59,994,452$536,556,059
84$858,930,265$115,047,351$61,851,850$588,908,586
85$946,383,935$120,527,454$63,766,670$646,504,030
86$1,042,752,926$126,271,130$65,740,684$709,873,019
87$1,148,946,447$132,291,137$67,775,719$779,600,119
88$1,265,966,438$138,600,856$69,873,659$856,329,329
89$1,394,917,032$145,214,316$72,036,444$940,770,133
90$1,537,014,981$152,146,228$74,266,076$1,033,704,172
91$1,693,601,137$159,412,022$76,564,618$1,135,992,595
92$1,866,153,116$167,027,874$78,934,196$1,248,584,155
93$2,056,299,244$175,010,750$81,377,001$1,372,524,136
94$2,265,833,930$183,378,439$83,895,294$1,508,964,191
95$2,496,734,606$192,149,599$86,491,402$1,659,173,173
96$2,751,180,399$201,343,792$89,167,727$1,824,549,084
97$3,031,572,697$210,981,535$91,926,743$2,006,632,232
98$3,340,557,824$221,084,342$94,771,001$2,207,119,735
99$3,681,052,023$231,674,776$97,703,130$2,427,881,497
100$4,056,268,985$242,776,495$100,725,840$2,670,977,824