Can I retire at age 45 with 18,400,000?

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 $18,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,459,219
2 years$752,205$738,196$724,619$711,455$698,687$690,591
3 years$496,489$482,419$468,877$455,836$443,275$435,358
4 years$368,656$354,629$341,222$328,404$316,148$308,469
5 years$291,976$278,034$264,802$252,246$240,331$232,913
6 years$240,873$227,035$214,000$201,723$190,165$183,020
7 years$204,385$190,664$177,835$165,848$154,655$147,784
8 years$177,031$163,434$150,818$139,126$128,302$121,706
9 years$155,768$142,299$129,899$118,504$108,048$101,726
10 years$138,767$125,430$113,249$102,152$92,063$86,011
11 years$124,866$111,663$99,703$88,903$79,177$73,392
12 years$113,290$100,222$88,484$77,980$68,613$63,089
13 years$103,503$90,572$79,054$68,844$59,832$54,565
14 years$95,121$82,327$71,031$61,112$52,448$47,431
15 years$87,863$75,207$64,131$54,501$46,180$41,406
16 years$81,519$69,001$58,144$48,800$40,814$36,278
17 years$75,927$63,548$52,909$43,846$36,188$31,882
18 years$70,962$58,721$48,299$39,514$32,177$28,094
19 years$66,524$54,422$44,216$35,705$28,680$24,812
20 years$62,536$50,571$40,579$32,337$25,617$21,958
21 years$58,932$47,105$37,325$29,348$22,925$19,465
22 years$55,660$43,971$34,400$26,684$20,549$17,282
23 years$52,677$41,125$31,763$24,302$18,446$15,364
24 years$49,946$38,532$29,375$22,165$16,580$13,675
25 years$47,438$36,160$27,207$20,242$14,919$12,184
26 years$45,127$33,985$25,233$18,508$13,439$10,865
27 years$42,990$31,984$23,431$16,941$12,116$9,697
28 years$41,010$30,138$21,783$15,522$10,932$8,661
29 years$39,169$28,432$20,270$14,234$9,872$7,740
30 years$37,454$26,851$18,881$13,063$8,920$6,922
31 years$35,854$25,383$17,602$11,997$8,064$6,192
32 years$34,356$24,017$16,423$11,026$7,295$5,543
33 years$32,952$22,745$15,335$10,139$6,602$4,963
34 years$31,633$21,557$14,328$9,329$5,977$4,445
35 years$30,392$20,446$13,395$8,588$5,414$3,983
36 years$29,223$19,407$12,531$7,909$4,905$3,570
37 years$28,120$18,432$11,729$7,287$4,446$3,201
38 years$27,078$17,517$10,984$6,717$4,030$2,870
39 years$26,091$16,657$10,290$6,193$3,655$2,574
40 years$25,156$15,848$9,645$5,712$3,315$2,309
41 years$24,269$15,085$9,044$5,270$3,008$2,072
42 years$23,426$14,367$8,484$4,864$2,729$1,859
43 years$22,625$13,689$7,961$4,490$2,477$1,668
44 years$21,862$13,048$7,473$4,146$2,248$1,497
45 years$21,135$12,443$7,017$3,829$2,041$1,344
46 years$20,442$11,870$6,590$3,537$1,853$1,207
47 years$19,780$11,327$6,191$3,267$1,683$1,083
48 years$19,148$10,813$5,818$3,019$1,528$973
49 years$18,543$10,326$5,469$2,790$1,388$873
50 years$17,965$9,864$5,141$2,579$1,261$784

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $18,400,000, adding $3,384 every year, while hoping to spend $51,652 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: 43/34/23 Blend
44$18,400,000$18,400,000$18,400,000$18,400,000
45$20,280,291$19,305,091$19,019,891$21,016,257
46$22,293,923$20,196,083$19,602,100$22,430,600
47$24,511,215$21,129,002$20,202,081$23,956,757
48$26,952,884$22,105,849$20,820,377$25,609,263
49$29,641,762$23,128,720$21,457,544$27,399,815
50$32,603,006$24,199,811$22,114,155$29,341,255
51$35,864,337$25,321,426$22,790,804$31,447,681
52$39,456,302$26,495,978$23,488,098$33,734,573
53$43,412,562$27,725,999$24,206,667$36,218,936
54$47,770,210$29,014,139$24,947,156$38,919,444
55$52,570,119$30,363,180$25,710,234$41,856,616
56$57,857,330$31,776,035$26,496,586$45,052,999
57$63,681,477$33,255,759$27,306,920$48,533,369
58$70,097,251$34,805,555$28,141,966$52,324,958
59$77,164,922$36,428,779$29,002,474$56,457,703
60$84,950,906$38,128,950$29,889,218$60,964,512
61$93,528,387$39,909,757$30,802,995$65,881,572
62$102,978,014$41,775,068$31,744,628$71,248,673
63$113,388,660$43,728,935$32,714,961$77,109,575
64$124,858,259$45,775,608$33,714,868$83,512,409
65$137,494,732$47,919,543$34,745,247$90,510,116
66$151,417,004$50,165,410$35,807,022$98,160,937
67$166,756,129$52,518,106$36,901,148$106,528,946
68$183,656,525$54,982,763$38,028,606$115,684,641
69$202,277,335$57,564,764$39,190,410$125,705,595
70$222,793,936$60,269,750$40,387,601$136,677,171
71$245,399,586$63,103,636$41,621,254$148,693,312
72$270,307,252$66,072,623$42,892,475$161,857,410
73$297,751,624$69,183,213$44,202,404$176,283,264
74$327,991,322$72,442,223$45,552,217$192,096,136
75$361,311,344$75,856,799$46,943,123$209,433,911
76$398,025,752$79,434,433$48,376,369$228,448,380
77$438,480,641$83,182,983$49,853,240$249,306,650
78$483,057,400$87,110,683$51,375,058$272,192,699
79$532,176,319$91,226,170$52,943,186$297,309,090
80$586,300,550$95,538,499$54,559,029$324,878,856
81$645,940,483$100,057,162$56,224,033$355,147,580
82$711,658,563$104,792,115$57,939,690$388,385,688
83$784,074,601$109,753,792$59,707,533$424,890,969
84$863,871,621$114,953,138$61,529,146$464,991,362
85$951,802,311$120,401,627$63,406,157$509,048,016
86$1,048,696,128$126,111,289$65,340,245$557,458,667
87$1,155,467,130$132,094,738$67,333,140$610,661,360
88$1,273,122,599$138,365,203$69,386,622$669,138,549
89$1,402,772,558$144,936,551$71,502,528$733,421,611
90$1,545,640,243$151,823,327$73,682,747$804,095,827
91$1,703,073,656$159,040,778$75,929,227$881,805,862
92$1,876,558,288$166,604,895$78,243,975$967,261,812
93$2,067,731,142$174,532,443$80,629,057$1,061,245,858
94$2,278,396,191$182,841,005$83,086,603$1,164,619,608
95$2,510,541,403$191,549,015$85,618,805$1,278,332,177
96$2,766,357,515$200,675,805$88,227,923$1,403,429,101
97$3,048,258,707$210,241,646$90,916,285$1,541,062,147
98$3,358,905,403$220,267,794$93,686,287$1,692,500,133
99$3,701,229,376$230,776,538$96,540,401$1,859,140,850
100$4,078,461,438$241,791,253$99,481,169$2,042,524,189