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%18.9%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,422,308
2 years$756,293$742,208$728,557$715,322$702,484$649,753
3 years$499,187$485,041$471,425$458,314$445,685$394,787
4 years$370,659$356,557$343,077$330,189$317,866$269,191
5 years$293,563$279,545$266,242$253,617$241,637$195,312
6 years$242,182$228,269$215,163$202,820$191,199$147,258
7 years$205,496$191,700$178,801$166,749$155,496$113,930
8 years$177,994$164,322$151,638$139,882$128,999$89,772
9 years$156,614$143,072$130,605$119,148$108,636$71,696
10 years$139,521$126,111$113,865$102,707$92,563$57,847
11 years$125,544$112,269$100,245$89,386$79,607$47,043
12 years$113,906$100,767$88,965$78,403$68,986$38,494
13 years$104,065$91,064$79,484$69,218$60,157$31,655
14 years$95,638$82,775$71,417$61,444$52,733$26,134
15 years$88,341$75,616$64,480$54,798$46,431$21,645
16 years$81,962$69,376$58,460$49,065$41,036$17,974
17 years$76,340$63,893$53,197$44,085$36,385$14,958
18 years$71,347$59,040$48,562$39,729$32,352$12,470
19 years$66,886$54,718$44,456$35,899$28,836$10,411
20 years$62,876$50,846$40,799$32,513$25,757$8,703
21 years$59,252$47,361$37,528$29,508$23,049$7,282
22 years$55,962$44,210$34,587$26,829$20,660$6,098
23 years$52,963$41,349$31,935$24,434$18,546$5,110
24 years$50,218$38,741$29,535$22,285$16,670$4,285
25 years$47,696$36,357$27,355$20,352$15,000$3,595
26 years$45,372$34,169$25,371$18,609$13,512$3,017
27 years$43,224$32,157$23,559$17,033$12,182$2,533
28 years$41,232$30,302$21,901$15,606$10,992$2,127
29 years$39,382$28,586$20,381$14,311$9,925$1,787
30 years$37,658$26,997$18,984$13,134$8,968$1,501
31 years$36,048$25,521$17,698$12,063$8,108$1,261
32 years$34,543$24,148$16,513$11,086$7,334$1,060
33 years$33,131$22,868$15,418$10,194$6,638$891
34 years$31,805$21,674$14,406$9,380$6,010$749
35 years$30,558$20,557$13,468$8,635$5,443$630
36 years$29,382$19,512$12,599$7,952$4,932$529
37 years$28,273$18,532$11,793$7,327$4,470$445
38 years$27,225$17,612$11,043$6,753$4,052$374
39 years$26,233$16,747$10,346$6,227$3,675$315
40 years$25,292$15,934$9,698$5,743$3,333$265
41 years$24,400$15,167$9,093$5,299$3,024$223
42 years$23,553$14,445$8,530$4,890$2,744$187
43 years$22,748$13,763$8,004$4,514$2,490$157
44 years$21,981$13,119$7,513$4,168$2,260$132
45 years$21,250$12,510$7,055$3,850$2,052$111
46 years$20,553$11,934$6,626$3,556$1,863$94
47 years$19,888$11,389$6,225$3,285$1,692$79
48 years$19,252$10,872$5,850$3,036$1,536$66
49 years$18,644$10,382$5,498$2,805$1,395$56
50 years$18,062$9,918$5,169$2,593$1,267$47

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 $3,873 every year, while hoping to spend $50,389 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: 42/33/25 Blend
44$18,500,000$18,500,000$18,500,000$18,500,000
45$20,390,995$19,410,495$19,123,745$21,097,928
46$22,417,263$20,307,996$19,710,777$22,502,010
47$24,648,521$21,247,785$20,315,786$24,016,485
48$27,105,626$22,231,882$20,939,320$25,655,620
49$29,811,559$23,262,403$21,581,946$27,430,928
50$32,791,643$24,341,566$22,244,247$29,355,051
51$36,073,784$25,471,696$22,926,822$31,441,864
52$39,688,731$26,655,231$23,630,292$33,706,602
53$43,670,369$27,894,724$24,355,294$36,165,998
54$48,056,035$29,192,854$25,102,485$38,838,430
55$52,886,875$30,552,429$25,872,542$41,744,090
56$58,208,228$31,976,389$26,666,164$44,905,160
57$64,070,056$33,467,821$27,484,070$48,346,019
58$70,527,416$35,029,958$28,326,999$52,093,460
59$77,640,975$36,666,189$29,195,717$56,176,934
60$85,477,590$38,380,068$30,091,009$60,628,817
61$94,110,933$40,175,319$31,013,686$65,484,708
62$103,622,187$42,055,849$31,964,584$70,783,750
63$114,100,816$44,025,752$32,944,563$76,568,988
64$125,645,403$46,089,318$33,954,510$82,887,768
65$138,364,587$48,251,047$34,995,339$89,792,164
66$152,378,083$50,515,656$36,067,991$97,339,462
67$167,817,816$52,888,092$37,173,437$105,592,685
68$184,829,162$55,373,537$38,312,676$114,621,172
69$203,572,324$57,977,428$39,486,738$124,501,219
70$224,223,842$60,705,463$40,696,685$135,316,784
71$246,978,260$63,563,617$41,943,610$147,160,260
72$272,049,962$66,558,153$43,228,640$160,133,332
73$299,675,194$69,695,639$44,552,936$174,347,918
74$330,114,299$72,982,960$45,917,694$189,927,207
75$363,654,168$76,427,335$47,324,147$207,006,803
76$400,610,951$80,036,333$48,773,565$225,735,980
77$441,333,045$83,817,890$50,267,256$246,279,077
78$486,204,375$87,780,327$51,806,568$268,817,017
79$535,648,025$91,932,366$53,392,892$293,549,001
80$590,130,227$96,283,156$55,027,657$320,694,356
81$650,164,766$100,842,286$56,712,340$350,494,582
82$716,317,828$105,619,814$58,448,459$383,215,609
83$789,213,344$110,626,282$60,237,580$419,150,271
84$869,538,882$115,872,747$62,081,316$458,621,045
85$958,052,138$121,370,801$63,981,329$501,983,067
86$1,055,588,084$127,132,599$65,939,332$549,627,447
87$1,163,066,858$133,170,885$67,957,089$601,984,927
88$1,281,502,443$139,499,024$70,036,417$659,529,918
89$1,412,012,245$146,131,029$72,179,190$722,784,934
90$1,555,827,639$153,081,594$74,387,337$792,325,489
91$1,714,305,592$160,366,127$76,662,847$868,785,492
92$1,888,941,478$168,000,782$79,007,768$952,863,182
93$2,081,383,190$176,002,502$81,424,210$1,045,327,682
94$2,293,446,702$184,389,052$83,914,348$1,147,026,208
95$2,527,133,209$193,179,059$86,480,422$1,258,892,021
96$2,784,648,021$202,392,056$89,124,740$1,381,953,186
97$3,068,421,380$212,048,529$91,849,680$1,517,342,222
98$3,381,131,409$222,169,955$94,657,693$1,666,306,740
99$3,725,729,390$232,778,859$97,551,302$1,830,221,160
100$4,105,467,625$243,898,861$100,533,108$2,010,599,629