Can I retire at age 45 with 18,300,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $18,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$1,511,197$1,497,736$1,484,603$1,471,784$1,459,268$1,441,033
2 years$748,117$734,184$720,681$707,589$694,889$676,541
3 years$493,791$479,798$466,328$453,359$440,866$422,975
4 years$366,652$352,702$339,368$326,620$314,430$297,133
5 years$290,389$276,523$263,363$250,875$239,024$222,372
6 years$239,564$225,802$212,837$200,627$189,132$173,145
7 years$203,274$189,628$176,868$164,946$153,815$138,499
8 years$176,069$162,546$149,998$138,369$127,604$112,958
9 years$154,921$141,526$129,193$117,860$107,461$93,478
10 years$138,012$124,748$112,634$101,597$91,562$78,233
11 years$124,187$111,056$99,161$88,419$78,747$66,059
12 years$112,674$99,678$88,003$77,556$68,240$56,180
13 years$102,940$90,079$78,625$68,470$59,507$48,059
14 years$94,604$81,880$70,645$60,780$52,163$41,311
15 years$87,386$74,799$63,783$54,205$45,929$35,654
16 years$81,076$68,626$57,828$48,535$40,592$30,876
17 years$75,514$63,202$52,621$43,608$35,992$26,815
18 years$70,576$58,402$48,037$39,300$32,002$23,346
19 years$66,163$54,126$43,975$35,511$28,524$20,368
20 years$62,196$50,297$40,358$32,162$25,478$17,802
21 years$58,611$46,849$37,122$29,189$22,800$15,584
22 years$55,357$43,732$34,214$26,539$20,437$13,660
23 years$52,390$40,902$31,590$24,170$18,346$11,988
24 years$49,675$38,322$29,216$22,044$16,489$10,531
25 years$47,180$35,964$27,059$20,132$14,838$9,260
26 years$44,881$33,800$25,096$18,408$13,365$8,148
27 years$42,756$31,810$23,304$16,849$12,050$7,175
28 years$40,787$29,974$21,664$15,437$10,873$6,322
29 years$38,956$28,277$20,160$14,156$9,818$5,573
30 years$37,251$26,705$18,779$12,992$8,871$4,915
31 years$35,659$25,245$17,507$11,932$8,020$4,336
32 years$34,169$23,887$16,334$10,966$7,255$3,827
33 years$32,773$22,621$15,251$10,084$6,566$3,379
34 years$31,461$21,440$14,250$9,278$5,945$2,984
35 years$30,227$20,335$13,323$8,541$5,384$2,636
36 years$29,065$19,301$12,463$7,866$4,878$2,329
37 years$27,967$18,332$11,665$7,248$4,421$2,058
38 years$26,930$17,422$10,924$6,680$4,008$1,819
39 years$25,949$16,566$10,235$6,160$3,635$1,608
40 years$25,019$15,761$9,593$5,681$3,297$1,422
41 years$24,137$15,003$8,995$5,242$2,991$1,257
42 years$23,299$14,289$8,438$4,838$2,714$1,111
43 years$22,502$13,614$7,918$4,466$2,463$983
44 years$21,743$12,977$7,432$4,123$2,236$869
45 years$21,020$12,375$6,978$3,808$2,030$769
46 years$20,331$11,805$6,554$3,517$1,843$680
47 years$19,673$11,266$6,158$3,250$1,674$602
48 years$19,044$10,755$5,786$3,003$1,520$532
49 years$18,443$10,270$5,439$2,775$1,380$471
50 years$17,867$9,810$5,113$2,565$1,254$417

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $18,300,000, adding $5,576 every year, while hoping to spend $54,219 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: 63/8/29 Blend
44$18,300,000$18,300,000$18,300,000$18,300,000
45$20,172,352$19,202,452$18,918,802$21,286,127
46$22,172,243$20,085,683$19,494,893$22,926,297
47$24,374,306$21,010,376$20,088,466$24,710,746
48$26,799,105$21,978,504$20,700,049$26,658,879
49$29,469,300$22,992,137$21,330,187$28,786,765
50$32,409,860$24,053,444$21,979,441$31,112,090
51$35,648,301$25,164,697$22,648,387$33,654,319
52$39,214,940$26,328,280$23,337,620$36,434,881
53$43,143,188$27,546,690$24,047,754$39,477,364
54$47,469,859$28,822,543$24,779,420$42,807,735
55$52,235,522$30,158,585$25,533,268$46,454,586
56$57,484,880$31,557,691$26,309,967$50,449,394
57$63,267,195$33,022,875$27,110,208$54,826,819
58$69,636,750$34,557,296$27,934,701$59,625,027
59$76,653,363$36,164,268$28,784,178$64,886,044
60$84,382,950$37,847,262$29,659,393$70,656,151
61$92,898,151$39,609,918$30,561,122$76,986,317
62$102,279,008$41,456,050$31,490,165$83,932,672
63$112,613,728$43,389,657$32,447,347$91,557,037
64$123,999,511$45,414,933$33,433,516$99,927,501
65$136,543,468$47,536,271$34,449,545$109,119,058
66$150,363,632$49,758,279$35,496,336$119,214,310
67$165,590,075$52,085,787$36,574,815$130,304,244
68$182,366,129$54,523,857$37,685,938$142,489,082
69$200,849,746$57,077,797$38,830,688$155,879,223
70$221,214,982$59,753,172$40,010,079$170,596,280
71$243,653,648$62,555,815$41,225,154$186,774,220
72$268,377,112$65,491,842$42,476,989$204,560,625
73$295,618,299$68,567,664$43,766,690$224,118,074
74$325,633,889$71,790,003$45,095,397$245,625,677
75$358,706,739$75,165,906$46,464,286$269,280,753
76$395,148,553$78,702,762$47,874,566$295,300,689
77$435,302,823$82,408,316$49,327,482$323,924,983
78$479,548,077$86,290,689$50,824,318$355,417,496
79$528,301,444$90,358,396$52,366,396$390,068,937
80$582,022,598$94,620,363$53,955,077$428,199,594
81$641,218,093$99,085,951$55,591,762$470,162,356
82$706,446,148$103,764,972$57,277,895$516,346,028
83$778,321,914$108,667,716$59,014,965$567,178,994
84$857,523,284$113,804,969$60,804,501$623,133,252
85$944,797,289$119,188,042$62,648,081$684,728,858
86$1,040,967,151$124,828,794$64,547,330$752,538,827
87$1,146,940,055$130,739,660$66,503,921$827,194,524
88$1,263,715,716$136,933,678$68,519,577$909,391,623
89$1,392,395,808$143,424,518$70,596,072$999,896,653
90$1,534,194,374$150,226,513$72,735,234$1,099,554,225
91$1,690,449,281$157,354,692$74,938,945$1,209,294,993
92$1,862,634,851$164,824,816$77,209,143$1,330,144,424
93$2,052,375,782$172,653,408$79,547,825$1,463,232,465
94$2,261,462,481$180,857,794$81,957,047$1,609,804,197
95$2,491,867,971$189,456,143$84,438,925$1,771,231,569
96$2,745,766,514$198,467,505$86,995,640$1,949,026,338
97$3,025,554,142$207,911,856$89,629,437$2,144,854,322
98$3,333,871,270$217,810,142$92,342,628$2,360,551,108
99$3,673,627,629$228,184,329$95,137,596$2,598,139,364
100$4,048,029,734$239,057,448$98,016,792$2,859,847,912