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

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 $18,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$1,511,197$1,497,736$1,484,603$1,471,784$1,459,268$1,401,369
2 years$748,117$734,184$720,681$707,589$694,889$637,276
3 years$493,791$479,798$466,328$453,359$440,866$385,351
4 years$366,652$352,702$339,368$326,620$314,430$261,436
5 years$290,389$276,523$263,363$250,875$239,024$188,686
6 years$239,564$225,802$212,837$200,627$189,132$141,482
7 years$203,274$189,628$176,868$164,946$153,815$108,835
8 years$176,069$162,546$149,998$138,369$127,604$85,250
9 years$154,921$141,526$129,193$117,860$107,461$67,668
10 years$138,012$124,748$112,634$101,597$91,562$54,252
11 years$124,187$111,056$99,161$88,419$78,747$43,832
12 years$112,674$99,678$88,003$77,556$68,240$35,628
13 years$102,940$90,079$78,625$68,470$59,507$29,098
14 years$94,604$81,880$70,645$60,780$52,163$23,855
15 years$87,386$74,799$63,783$54,205$45,929$19,617
16 years$81,076$68,626$57,828$48,535$40,592$16,173
17 years$75,514$63,202$52,621$43,608$35,992$13,360
18 years$70,576$58,402$48,037$39,300$32,002$11,055
19 years$66,163$54,126$43,975$35,511$28,524$9,160
20 years$62,196$50,297$40,358$32,162$25,478$7,598
21 years$58,611$46,849$37,122$29,189$22,800$6,308
22 years$55,357$43,732$34,214$26,539$20,437$5,242
23 years$52,390$40,902$31,590$24,170$18,346$4,358
24 years$49,675$38,322$29,216$22,044$16,489$3,625
25 years$47,180$35,964$27,059$20,132$14,838$3,017
26 years$44,881$33,800$25,096$18,408$13,365$2,512
27 years$42,756$31,810$23,304$16,849$12,050$2,092
28 years$40,787$29,974$21,664$15,437$10,873$1,743
29 years$38,956$28,277$20,160$14,156$9,818$1,452
30 years$37,251$26,705$18,779$12,992$8,871$1,210
31 years$35,659$25,245$17,507$11,932$8,020$1,008
32 years$34,169$23,887$16,334$10,966$7,255$840
33 years$32,773$22,621$15,251$10,084$6,566$701
34 years$31,461$21,440$14,250$9,278$5,945$584
35 years$30,227$20,335$13,323$8,541$5,384$487
36 years$29,065$19,301$12,463$7,866$4,878$406
37 years$27,967$18,332$11,665$7,248$4,421$339
38 years$26,930$17,422$10,924$6,680$4,008$282
39 years$25,949$16,566$10,235$6,160$3,635$235
40 years$25,019$15,761$9,593$5,681$3,297$196
41 years$24,137$15,003$8,995$5,242$2,991$164
42 years$23,299$14,289$8,438$4,838$2,714$137
43 years$22,502$13,614$7,918$4,466$2,463$114
44 years$21,743$12,977$7,432$4,123$2,236$95
45 years$21,020$12,375$6,978$3,808$2,030$79
46 years$20,331$11,805$6,554$3,517$1,843$66
47 years$19,673$11,266$6,158$3,250$1,674$55
48 years$19,044$10,755$5,786$3,003$1,520$46
49 years$18,443$10,270$5,439$2,775$1,380$38
50 years$17,867$9,810$5,113$2,565$1,254$32

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 $4,215 every year, while hoping to spend $53,731 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: 52/42/6 Blend
44$18,300,000$18,300,000$18,300,000$18,300,000
45$20,170,948$19,201,048$18,917,398$21,191,097
46$22,171,215$20,084,730$19,493,961$22,767,068
47$24,373,709$21,009,911$20,088,039$24,473,776
48$26,798,999$21,978,569$20,700,160$26,328,434
49$29,469,753$22,992,775$21,330,872$28,344,977
50$32,410,948$24,054,701$21,980,736$30,538,710
51$35,650,106$25,166,622$22,650,331$32,926,443
52$39,217,555$26,330,925$23,340,256$35,526,644
53$43,146,714$27,550,109$24,051,123$38,359,603
54$47,474,411$28,826,796$24,783,567$41,447,616
55$52,241,224$30,163,733$25,538,240$44,815,191
56$57,491,872$31,563,799$26,315,814$48,489,260
57$63,275,630$33,030,012$27,116,981$52,499,435
58$69,646,798$34,565,537$27,942,454$56,878,270
59$76,665,213$36,173,689$28,792,968$61,661,561
60$84,396,811$37,857,947$29,669,279$66,888,670
61$92,914,253$39,621,952$30,572,166$72,602,888
62$102,297,605$41,469,527$31,502,433$78,851,831
63$112,635,102$43,404,675$32,460,905$85,687,876
64$124,023,972$45,431,593$33,448,435$93,168,642
65$136,571,360$47,554,684$34,465,900$101,357,520
66$150,395,335$49,778,560$35,514,204$110,324,256
67$165,626,007$52,108,057$36,594,278$120,145,599
68$182,406,754$54,548,246$37,707,080$130,906,003
69$200,895,573$57,104,441$38,853,598$142,698,409
70$221,266,578$59,782,214$40,034,850$155,625,110
71$243,711,634$62,587,408$41,251,882$169,798,692
72$268,442,175$65,526,146$42,505,775$185,343,080
73$295,691,198$68,604,848$43,797,640$202,394,689
74$325,715,461$71,830,247$45,128,622$221,103,688
75$358,797,908$75,209,398$46,499,900$241,635,397
76$395,250,337$78,749,701$47,912,689$264,171,825
77$435,416,348$82,458,913$49,368,241$288,913,365
78$479,674,581$86,345,166$50,867,843$316,080,655
79$528,442,297$90,416,987$52,412,824$345,916,641
80$582,179,308$94,683,317$54,004,550$378,688,839
81$641,392,325$99,153,526$55,644,430$414,691,832
82$706,639,737$103,837,445$57,333,914$454,250,018
83$778,536,886$108,745,375$59,074,495$497,720,645
84$857,761,870$113,888,120$60,867,713$545,497,147
85$945,061,951$119,277,008$62,715,151$598,012,824
86$1,041,260,604$124,923,915$64,618,443$655,744,894
87$1,147,265,292$130,841,294$66,579,268$719,218,961
88$1,264,076,037$137,042,202$68,599,358$789,013,938
89$1,392,794,852$143,540,330$70,680,496$865,767,465
90$1,534,636,153$150,350,032$72,824,518$950,181,891
91$1,690,938,218$157,486,361$75,033,317$1,043,030,850
92$1,863,175,822$164,965,098$77,308,839$1,145,166,524
93$2,052,974,162$172,802,795$79,653,092$1,257,527,632
94$2,262,124,197$181,016,801$82,068,140$1,381,148,237
95$2,492,599,555$189,625,315$84,556,113$1,517,167,458
96$2,746,575,169$198,647,414$87,119,202$1,666,840,160
97$3,026,447,804$208,103,106$89,759,663$1,831,548,740
98$3,334,858,691$218,013,368$92,479,822$2,012,816,118
99$3,674,718,454$228,400,200$95,282,073$2,212,320,037
100$4,049,234,594$239,286,668$98,168,880$2,431,908,842