Can I retire at age 45 with 18,500,000?

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 $18,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,433,741
2 years$756,293$742,208$728,557$715,322$702,484$661,015
3 years$499,187$485,041$471,425$458,314$445,685$405,520
4 years$370,659$356,557$343,077$330,189$317,866$279,315
5 years$293,563$279,545$266,242$253,617$241,637$204,804
6 years$242,182$228,269$215,163$202,820$191,199$156,119
7 years$205,496$191,700$178,801$166,749$155,496$122,169
8 years$177,994$164,322$151,638$139,882$128,999$97,407
9 years$156,614$143,072$130,605$119,148$108,636$78,749
10 years$139,521$126,111$113,865$102,707$92,563$64,341
11 years$125,544$112,269$100,245$89,386$79,607$53,005
12 years$113,906$100,767$88,965$78,403$68,986$43,952
13 years$104,065$91,064$79,484$69,218$60,157$36,637
14 years$95,638$82,775$71,417$61,444$52,733$30,670
15 years$88,341$75,616$64,480$54,798$46,431$25,765
16 years$81,962$69,376$58,460$49,065$41,036$21,706
17 years$76,340$63,893$53,197$44,085$36,385$18,331
18 years$71,347$59,040$48,562$39,729$32,352$15,511
19 years$66,886$54,718$44,456$35,899$28,836$13,147
20 years$62,876$50,846$40,799$32,513$25,757$11,159
21 years$59,252$47,361$37,528$29,508$23,049$9,483
22 years$55,962$44,210$34,587$26,829$20,660$8,066
23 years$52,963$41,349$31,935$24,434$18,546$6,867
24 years$50,218$38,741$29,535$22,285$16,670$5,850
25 years$47,696$36,357$27,355$20,352$15,000$4,987
26 years$45,372$34,169$25,371$18,609$13,512$4,253
27 years$43,224$32,157$23,559$17,033$12,182$3,629
28 years$41,232$30,302$21,901$15,606$10,992$3,098
29 years$39,382$28,586$20,381$14,311$9,925$2,645
30 years$37,658$26,997$18,984$13,134$8,968$2,259
31 years$36,048$25,521$17,698$12,063$8,108$1,930
32 years$34,543$24,148$16,513$11,086$7,334$1,649
33 years$33,131$22,868$15,418$10,194$6,638$1,409
34 years$31,805$21,674$14,406$9,380$6,010$1,205
35 years$30,558$20,557$13,468$8,635$5,443$1,030
36 years$29,382$19,512$12,599$7,952$4,932$880
37 years$28,273$18,532$11,793$7,327$4,470$753
38 years$27,225$17,612$11,043$6,753$4,052$644
39 years$26,233$16,747$10,346$6,227$3,675$550
40 years$25,292$15,934$9,698$5,743$3,333$471
41 years$24,400$15,167$9,093$5,299$3,024$402
42 years$23,553$14,445$8,530$4,890$2,744$344
43 years$22,748$13,763$8,004$4,514$2,490$294
44 years$21,981$13,119$7,513$4,168$2,260$252
45 years$21,250$12,510$7,055$3,850$2,052$215
46 years$20,553$11,934$6,626$3,556$1,863$184
47 years$19,888$11,389$6,225$3,285$1,692$158
48 years$19,252$10,872$5,850$3,036$1,536$135
49 years$18,644$10,382$5,498$2,805$1,395$115
50 years$18,062$9,918$5,169$2,593$1,267$99

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $18,500,000, adding $5,956 every year, while hoping to spend $33,386 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: 56/28/16 Blend
44$18,500,000$18,500,000$18,500,000$18,500,000
45$20,393,144$19,412,644$19,125,894$21,449,088
46$22,437,722$20,328,341$19,731,089$23,083,047
47$24,689,728$21,287,788$20,355,439$24,857,941
48$27,170,285$22,293,094$20,999,550$26,790,619
49$29,902,668$23,346,469$21,664,049$28,896,197
50$32,912,525$24,450,232$22,349,580$31,191,291
51$36,228,122$25,606,813$23,056,810$33,694,167
52$39,880,603$26,818,759$23,786,426$36,424,907
53$43,904,289$28,088,743$24,539,136$39,405,595
54$48,337,001$29,419,565$25,315,671$42,660,513
55$53,220,415$30,814,164$26,116,786$46,216,369
56$58,600,458$32,275,619$26,943,260$50,102,538
57$64,527,740$33,807,160$27,795,894$54,351,334
58$71,058,031$35,412,172$28,675,518$58,998,306
59$78,252,788$37,094,206$29,582,985$64,082,564
60$86,179,736$38,856,985$30,519,179$69,647,142
61$94,913,504$40,704,413$31,485,007$75,739,393
62$104,536,336$42,640,584$32,481,409$82,411,428
63$115,138,858$44,669,789$33,509,352$89,720,595
64$126,820,942$46,796,529$34,569,836$97,730,015
65$139,692,643$49,025,523$35,663,890$106,509,161
66$153,875,241$51,361,722$36,792,578$116,134,507
67$169,502,382$53,810,313$37,956,997$126,690,236
68$186,721,346$56,376,740$39,158,277$138,269,021
69$205,694,431$59,066,707$40,397,586$150,972,889
70$226,600,486$61,886,199$41,676,129$164,914,169
71$249,636,604$64,841,491$42,995,148$180,216,539
72$275,019,976$67,939,163$44,355,924$197,016,177
73$302,989,946$71,186,114$45,759,779$215,463,032
74$333,810,268$74,589,581$47,208,079$235,722,223
75$367,771,596$78,157,151$48,702,231$257,975,580
76$405,194,228$81,896,781$50,243,685$282,423,344
77$446,431,133$85,816,816$51,833,942$309,286,036
78$491,871,274$89,926,007$53,474,545$338,806,521
79$541,943,292$94,233,529$55,167,090$371,252,279
80$597,119,541$98,749,005$56,913,221$406,917,909
81$657,920,556$103,482,528$58,714,636$446,127,889
82$724,919,962$108,444,681$60,573,085$489,239,611
83$798,749,889$113,646,561$62,490,374$536,646,735
84$880,106,944$119,099,809$64,468,368$588,782,878
85$969,758,782$124,816,629$66,508,988$646,125,679
86$1,068,551,357$130,809,823$68,614,218$709,201,281
87$1,177,416,905$137,092,815$70,786,105$778,589,266
88$1,297,382,749$143,679,682$73,026,759$854,928,101
89$1,429,580,993$150,585,190$75,338,358$938,921,127
90$1,575,259,211$157,824,821$77,723,150$1,031,343,166
91$1,735,792,228$165,414,814$80,183,453$1,133,047,804
92$1,912,695,094$173,372,200$82,721,658$1,244,975,406
93$2,107,637,393$181,714,837$85,340,233$1,368,161,959
94$2,322,459,000$190,461,456$88,041,723$1,503,748,810
95$2,559,187,452$199,631,701$90,828,754$1,652,993,399
96$2,820,057,091$209,246,174$93,704,037$1,817,281,080
97$3,107,530,158$219,326,480$96,670,366$1,998,138,161
98$3,424,320,036$229,895,280$99,730,625$2,197,246,257
99$3,773,416,869$240,976,337$102,887,790$2,416,458,119
100$4,158,115,788$252,594,576$106,144,930$2,657,815,067