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

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 $18,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,429,452
2 years$752,205$738,196$724,619$711,455$698,687$660,865
3 years$496,489$482,419$468,877$455,836$443,275$406,606
4 years$368,656$354,629$341,222$328,404$316,148$280,912
5 years$291,976$278,034$264,802$252,246$240,331$206,626
6 years$240,873$227,035$214,000$201,723$190,165$158,026
7 years$204,385$190,664$177,835$165,848$154,655$124,083
8 years$177,031$163,434$150,818$139,126$128,302$99,282
9 years$155,768$142,299$129,899$118,504$108,048$80,556
10 years$138,767$125,430$113,249$102,152$92,063$66,065
11 years$124,866$111,663$99,703$88,903$79,177$54,634
12 years$113,290$100,222$88,484$77,980$68,613$45,482
13 years$103,503$90,572$79,054$68,844$59,832$38,066
14 years$95,121$82,327$71,031$61,112$52,448$31,998
15 years$87,863$75,207$64,131$54,501$46,180$26,994
16 years$81,519$69,001$58,144$48,800$40,814$22,840
17 years$75,927$63,548$52,909$43,846$36,188$19,373
18 years$70,962$58,721$48,299$39,514$32,177$16,466
19 years$66,524$54,422$44,216$35,705$28,680$14,019
20 years$62,536$50,571$40,579$32,337$25,617$11,953
21 years$58,932$47,105$37,325$29,348$22,925$10,205
22 years$55,660$43,971$34,400$26,684$20,549$8,721
23 years$52,677$41,125$31,763$24,302$18,446$7,459
24 years$49,946$38,532$29,375$22,165$16,580$6,385
25 years$47,438$36,160$27,207$20,242$14,919$5,469
26 years$45,127$33,985$25,233$18,508$13,439$4,687
27 years$42,990$31,984$23,431$16,941$12,116$4,019
28 years$41,010$30,138$21,783$15,522$10,932$3,447
29 years$39,169$28,432$20,270$14,234$9,872$2,958
30 years$37,454$26,851$18,881$13,063$8,920$2,539
31 years$35,854$25,383$17,602$11,997$8,064$2,180
32 years$34,356$24,017$16,423$11,026$7,295$1,872
33 years$32,952$22,745$15,335$10,139$6,602$1,608
34 years$31,633$21,557$14,328$9,329$5,977$1,381
35 years$30,392$20,446$13,395$8,588$5,414$1,187
36 years$29,223$19,407$12,531$7,909$4,905$1,019
37 years$28,120$18,432$11,729$7,287$4,446$876
38 years$27,078$17,517$10,984$6,717$4,030$753
39 years$26,091$16,657$10,290$6,193$3,655$647
40 years$25,156$15,848$9,645$5,712$3,315$556
41 years$24,269$15,085$9,044$5,270$3,008$478
42 years$23,426$14,367$8,484$4,864$2,729$411
43 years$22,625$13,689$7,961$4,490$2,477$353
44 years$21,862$13,048$7,473$4,146$2,248$304
45 years$21,135$12,443$7,017$3,829$2,041$261
46 years$20,442$11,870$6,590$3,537$1,853$224
47 years$19,780$11,327$6,191$3,267$1,683$193
48 years$19,148$10,813$5,818$3,019$1,528$166
49 years$18,543$10,326$5,469$2,790$1,388$143
50 years$17,965$9,864$5,141$2,579$1,261$123

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 $5,549 every year, while hoping to spend $49,498 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: 74/14/12 Blend
44$18,400,000$18,400,000$18,400,000$18,400,000
45$20,282,524$19,307,324$19,022,124$21,734,096
46$22,298,676$20,200,717$19,606,699$23,586,972
47$24,518,816$21,136,228$20,209,199$25,609,707
48$26,963,700$22,115,867$20,830,172$27,824,491
49$29,656,196$23,141,744$21,470,182$30,250,355
50$32,621,507$24,216,068$22,129,811$32,908,246
51$35,887,401$25,341,156$22,809,661$35,821,225
52$39,484,479$26,519,436$23,510,347$39,014,679
53$43,446,461$27,753,453$24,232,509$42,516,559
54$47,810,504$29,045,876$24,976,802$46,357,639
55$52,617,552$30,399,501$25,743,902$50,571,804
56$57,912,727$31,817,261$26,534,507$55,196,365
57$63,745,748$33,302,229$27,349,336$60,272,410
58$70,171,403$34,857,627$28,189,127$65,845,181
59$77,250,068$36,486,833$29,054,645$71,964,505
60$85,048,274$38,193,387$29,946,674$78,685,255
61$93,639,336$39,981,001$30,866,026$86,067,862
62$103,104,045$41,853,566$31,813,534$94,178,886
63$113,531,429$43,815,163$32,790,059$103,091,633
64$125,019,595$45,870,067$33,796,487$112,886,846
65$137,676,656$48,022,762$34,833,731$123,653,460
66$151,621,746$50,277,948$35,902,732$135,489,435
67$166,986,150$52,640,554$37,004,460$148,502,674
68$183,914,542$55,115,745$38,139,914$162,812,039
69$202,566,347$57,708,939$39,310,124$178,548,463
70$223,117,252$60,425,814$40,516,150$195,856,178
71$245,760,856$63,272,323$41,759,085$214,894,074
72$270,710,505$66,254,710$43,040,057$235,837,184
73$298,201,304$69,379,517$44,360,225$258,878,338
74$328,492,331$72,653,607$45,720,787$284,229,965
75$361,869,089$76,084,175$47,122,974$312,126,098
76$398,646,198$79,678,762$48,568,056$342,824,567
77$439,170,367$83,445,277$50,057,342$376,609,431
78$483,823,661$87,392,013$51,592,180$413,793,643
79$533,027,116$91,527,663$53,173,960$454,721,997
80$587,244,707$95,861,344$54,804,112$499,774,372
81$646,987,730$100,402,612$56,484,113$549,369,308
82$712,819,630$105,161,491$58,215,482$603,967,943
83$785,361,316$110,148,489$59,999,785$664,078,355
84$865,297,028$115,374,622$61,838,635$730,260,345
85$953,380,792$120,851,446$63,733,696$803,130,710
86$1,050,443,539$126,591,073$65,686,681$883,369,050
87$1,157,400,950$132,606,205$67,699,355$971,724,169
88$1,275,262,101$138,910,163$69,773,537$1,069,021,130
89$1,405,138,985$145,516,911$71,911,101$1,176,169,027
90$1,548,257,017$152,441,095$74,113,978$1,294,169,550
91$1,705,966,594$159,698,071$76,384,158$1,424,126,424
92$1,879,755,851$167,303,940$78,723,691$1,567,255,812
93$2,071,264,702$175,275,587$81,134,689$1,724,897,775
94$2,282,300,329$183,630,719$83,619,329$1,898,528,903
95$2,514,854,239$192,387,900$86,179,853$2,089,776,236
96$2,771,121,065$201,566,601$88,818,572$2,300,432,600
97$3,053,519,286$211,187,237$91,537,866$2,532,473,510
98$3,364,714,057$221,271,215$94,340,189$2,788,075,796
99$3,707,642,373$231,840,987$97,228,067$3,069,638,129
100$4,085,540,793$242,920,093$100,204,104$3,379,803,639