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%12.1%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,462,245
2 years$756,293$742,208$728,557$715,322$702,484$689,413
3 years$499,187$485,041$471,425$458,314$445,685$432,919
4 years$370,659$356,557$343,077$330,189$317,866$305,504
5 years$293,563$279,545$266,242$253,617$241,637$229,715
6 years$242,182$228,269$215,163$202,820$191,199$179,732
7 years$205,496$191,700$178,801$166,749$155,496$144,489
8 years$177,994$164,322$151,638$139,882$128,999$118,452
9 years$156,614$143,072$130,605$119,148$108,636$98,545
10 years$139,521$126,111$113,865$102,707$92,563$82,923
11 years$125,544$112,269$100,245$89,386$79,607$70,410
12 years$113,906$100,767$88,965$78,403$68,986$60,223
13 years$104,065$91,064$79,484$69,218$60,157$51,819
14 years$95,638$82,775$71,417$61,444$52,733$44,809
15 years$88,341$75,616$64,480$54,798$46,431$38,909
16 years$81,962$69,376$58,460$49,065$41,036$33,904
17 years$76,340$63,893$53,197$44,085$36,385$29,632
18 years$71,347$59,040$48,562$39,729$32,352$25,964
19 years$66,886$54,718$44,456$35,899$28,836$22,800
20 years$62,876$50,846$40,799$32,513$25,757$20,060
21 years$59,252$47,361$37,528$29,508$23,049$17,679
22 years$55,962$44,210$34,587$26,829$20,660$15,602
23 years$52,963$41,349$31,935$24,434$18,546$13,787
24 years$50,218$38,741$29,535$22,285$16,670$12,196
25 years$47,696$36,357$27,355$20,352$15,000$10,799
26 years$45,372$34,169$25,371$18,609$13,512$9,571
27 years$43,224$32,157$23,559$17,033$12,182$8,488
28 years$41,232$30,302$21,901$15,606$10,992$7,533
29 years$39,382$28,586$20,381$14,311$9,925$6,689
30 years$37,658$26,997$18,984$13,134$8,968$5,943
31 years$36,048$25,521$17,698$12,063$8,108$5,282
32 years$34,543$24,148$16,513$11,086$7,334$4,697
33 years$33,131$22,868$15,418$10,194$6,638$4,178
34 years$31,805$21,674$14,406$9,380$6,010$3,717
35 years$30,558$20,557$13,468$8,635$5,443$3,309
36 years$29,382$19,512$12,599$7,952$4,932$2,946
37 years$28,273$18,532$11,793$7,327$4,470$2,623
38 years$27,225$17,612$11,043$6,753$4,052$2,336
39 years$26,233$16,747$10,346$6,227$3,675$2,081
40 years$25,292$15,934$9,698$5,743$3,333$1,854
41 years$24,400$15,167$9,093$5,299$3,024$1,652
42 years$23,553$14,445$8,530$4,890$2,744$1,472
43 years$22,748$13,763$8,004$4,514$2,490$1,312
44 years$21,981$13,119$7,513$4,168$2,260$1,170
45 years$21,250$12,510$7,055$3,850$2,052$1,043
46 years$20,553$11,934$6,626$3,556$1,863$929
47 years$19,888$11,389$6,225$3,285$1,692$829
48 years$19,252$10,872$5,850$3,036$1,536$739
49 years$18,644$10,382$5,498$2,805$1,395$659
50 years$18,062$9,918$5,169$2,593$1,267$587

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 $5,044 every year, while hoping to spend $38,865 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: 44/29/27 Blend
44$18,500,000$18,500,000$18,500,000$18,500,000
45$20,392,203$19,411,703$19,124,953$21,129,373
46$22,430,856$20,321,524$19,724,287$22,565,065
47$24,676,148$21,274,624$20,342,396$24,116,274
48$27,149,117$22,273,083$20,979,868$25,797,083
49$29,872,943$23,319,079$21,637,309$27,619,565
50$32,873,169$24,414,901$22,315,345$29,596,974
51$36,177,944$25,562,942$23,014,621$31,743,869
52$39,818,285$26,765,717$23,735,801$34,076,239
53$43,828,371$28,025,858$24,479,572$36,611,650
54$48,245,868$29,346,129$25,246,640$39,369,402
55$53,112,280$30,729,422$26,037,737$42,370,705
56$58,473,344$32,178,776$26,853,612$45,638,869
57$64,379,461$33,697,371$27,695,044$49,199,517
58$70,886,169$35,288,546$28,562,831$53,080,817
59$78,054,672$36,955,798$29,457,799$57,313,741
60$85,952,412$38,702,796$30,380,799$61,932,343
61$94,653,711$40,533,386$31,332,709$66,974,075
62$104,240,468$42,451,600$32,314,434$72,480,129
63$114,802,936$44,461,668$33,326,907$78,495,812
64$126,440,567$46,568,022$34,371,090$85,070,965
65$139,262,961$48,775,312$35,447,978$92,260,422
66$153,390,891$51,088,410$36,558,593$100,124,512
67$168,957,448$53,512,428$37,703,992$108,729,617
68$186,109,295$56,052,724$38,885,263$118,148,787
69$205,008,054$58,714,918$40,103,530$128,462,409
70$225,831,827$61,504,901$41,359,950$139,758,960
71$248,776,883$64,428,851$42,655,718$152,135,819
72$274,059,507$67,493,246$43,992,066$165,700,171
73$301,918,041$70,704,879$45,370,265$180,570,006
74$332,615,136$74,070,873$46,791,623$196,875,210
75$366,440,230$77,598,697$48,257,493$214,758,776
76$403,712,283$81,296,181$49,769,268$234,378,132
77$444,782,781$85,171,540$51,328,384$255,906,607
78$490,039,064$89,233,384$52,936,324$279,535,047
79$539,907,973$93,490,745$54,594,616$305,473,593
80$594,859,886$97,953,092$56,304,835$333,953,642
81$655,413,155$102,630,354$58,068,608$365,230,008
82$722,139,001$107,532,945$59,887,610$399,583,300
83$795,666,905$112,671,785$61,763,571$437,322,545
84$876,690,552$118,058,325$63,698,273$478,788,078
85$965,974,377$123,704,572$65,693,554$524,354,726
86$1,064,360,786$129,623,119$67,751,311$574,435,313
87$1,172,778,106$135,827,171$69,873,499$629,484,531
88$1,292,249,346$142,330,576$72,062,135$690,003,191
89$1,423,901,861$149,147,855$74,319,298$756,542,923
90$1,568,977,989$156,294,239$76,647,133$829,711,345
91$1,728,846,784$163,785,696$79,047,852$910,177,759
92$1,905,016,937$171,638,976$81,523,735$998,679,430
93$2,099,151,020$179,871,642$84,077,136$1,096,028,507
94$2,313,081,184$188,502,112$86,710,480$1,203,119,643
95$2,548,826,453$197,549,704$89,426,270$1,320,938,398
96$2,808,611,785$207,034,673$92,227,084$1,450,570,491
97$3,094,889,080$216,978,265$95,115,584$1,593,212,005
98$3,410,360,324$227,402,758$98,094,513$1,750,180,624
99$3,758,003,100$238,331,516$101,166,703$1,922,928,016
100$4,141,098,699$249,789,044$104,335,070$2,113,053,481