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%12.3%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,461,026
2 years$756,293$742,208$728,557$715,322$702,484$688,189
3 years$499,187$485,041$471,425$458,314$445,685$431,729
4 years$370,659$356,557$343,077$330,189$317,866$304,357
5 years$293,563$279,545$266,242$253,617$241,637$228,613
6 years$242,182$228,269$215,163$202,820$191,199$178,677
7 years$205,496$191,700$178,801$166,749$155,496$143,482
8 years$177,994$164,322$151,638$139,882$128,999$117,492
9 years$156,614$143,072$130,605$119,148$108,636$97,632
10 years$139,521$126,111$113,865$102,707$92,563$82,056
11 years$125,544$112,269$100,245$89,386$79,607$69,588
12 years$113,906$100,767$88,965$78,403$68,986$59,445
13 years$104,065$91,064$79,484$69,218$60,157$51,083
14 years$95,638$82,775$71,417$61,444$52,733$44,115
15 years$88,341$75,616$64,480$54,798$46,431$38,254
16 years$81,962$69,376$58,460$49,065$41,036$33,288
17 years$76,340$63,893$53,197$44,085$36,385$29,053
18 years$71,347$59,040$48,562$39,729$32,352$25,421
19 years$66,886$54,718$44,456$35,899$28,836$22,291
20 years$62,876$50,846$40,799$32,513$25,757$19,583
21 years$59,252$47,361$37,528$29,508$23,049$17,233
22 years$55,962$44,210$34,587$26,829$20,660$15,186
23 years$52,963$41,349$31,935$24,434$18,546$13,399
24 years$50,218$38,741$29,535$22,285$16,670$11,834
25 years$47,696$36,357$27,355$20,352$15,000$10,463
26 years$45,372$34,169$25,371$18,609$13,512$9,258
27 years$43,224$32,157$23,559$17,033$12,182$8,198
28 years$41,232$30,302$21,901$15,606$10,992$7,263
29 years$39,382$28,586$20,381$14,311$9,925$6,439
30 years$37,658$26,997$18,984$13,134$8,968$5,712
31 years$36,048$25,521$17,698$12,063$8,108$5,068
32 years$34,543$24,148$16,513$11,086$7,334$4,499
33 years$33,131$22,868$15,418$10,194$6,638$3,996
34 years$31,805$21,674$14,406$9,380$6,010$3,549
35 years$30,558$20,557$13,468$8,635$5,443$3,154
36 years$29,382$19,512$12,599$7,952$4,932$2,803
37 years$28,273$18,532$11,793$7,327$4,470$2,492
38 years$27,225$17,612$11,043$6,753$4,052$2,215
39 years$26,233$16,747$10,346$6,227$3,675$1,970
40 years$25,292$15,934$9,698$5,743$3,333$1,752
41 years$24,400$15,167$9,093$5,299$3,024$1,559
42 years$23,553$14,445$8,530$4,890$2,744$1,387
43 years$22,748$13,763$8,004$4,514$2,490$1,234
44 years$21,981$13,119$7,513$4,168$2,260$1,098
45 years$21,250$12,510$7,055$3,850$2,052$977
46 years$20,553$11,934$6,626$3,556$1,863$869
47 years$19,888$11,389$6,225$3,285$1,692$774
48 years$19,252$10,872$5,850$3,036$1,536$689
49 years$18,644$10,382$5,498$2,805$1,395$613
50 years$18,062$9,918$5,169$2,593$1,267$546

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 $3,493 every year, while hoping to spend $57,295 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: 73/5/22 Blend
44$18,500,000$18,500,000$18,500,000$18,500,000
45$20,390,603$19,410,103$19,123,353$21,769,258
46$22,409,483$20,300,237$19,703,024$23,577,295
47$24,632,369$21,232,067$20,300,194$25,550,332
48$27,080,008$22,207,575$20,915,387$27,710,569
49$29,775,263$23,228,841$21,549,147$30,076,629
50$32,743,327$24,298,041$22,202,031$32,669,021
51$36,011,959$25,417,458$22,874,611$35,510,326
52$39,611,749$26,589,484$23,567,481$38,625,413
53$43,576,405$27,816,626$24,281,250$42,041,668
54$47,943,070$29,101,512$25,016,543$45,789,252
55$52,752,673$30,446,897$25,774,008$49,901,384
56$58,050,318$31,855,667$26,554,309$54,414,648
57$63,885,704$33,330,848$27,358,132$59,369,341
58$70,313,598$34,875,612$28,186,182$64,809,849
59$77,394,351$36,493,283$29,039,185$70,785,061
60$85,194,468$38,187,346$29,917,890$77,348,830
61$93,787,232$39,961,454$30,823,067$84,560,477
62$103,253,399$41,819,436$31,755,511$92,485,348
63$113,681,962$43,765,304$32,716,036$101,195,432
64$125,170,985$45,803,267$33,705,486$110,770,028
65$137,828,533$47,937,734$34,724,727$121,296,499
66$151,773,688$50,173,328$35,774,651$132,871,088
67$167,137,679$52,514,896$36,856,176$145,599,827
68$184,065,114$54,967,517$37,970,249$159,599,528
69$202,715,348$57,536,518$39,117,845$174,998,888
70$223,263,986$60,227,480$40,299,966$191,939,696
71$245,904,544$63,046,258$41,517,646$210,578,169
72$270,850,269$65,998,986$42,771,948$231,086,420
73$298,336,157$69,092,097$44,063,969$253,654,080
74$328,621,169$72,332,334$45,394,836$278,490,084
75$361,990,676$75,726,766$46,765,711$305,824,637
76$398,759,153$79,282,805$48,177,790$335,911,383
77$439,273,145$83,008,221$49,632,305$369,029,790
78$483,914,541$86,911,160$51,130,523$405,487,790
79$533,104,180$91,000,162$52,673,751$445,624,676
80$587,305,818$95,284,182$54,263,333$489,814,296
81$647,030,511$99,772,606$55,900,654$538,468,583
82$712,841,437$104,475,278$57,587,140$592,041,431
83$785,359,213$109,402,515$59,324,258$651,032,977
84$865,267,752$114,565,138$61,113,520$715,994,314
85$953,320,721$119,974,489$62,956,482$787,532,687
86$1,050,348,657$125,642,461$64,854,747$866,317,216
87$1,157,266,803$131,581,525$66,809,964$953,085,209
88$1,275,083,752$137,804,754$68,823,832$1,048,649,110
89$1,404,910,964$144,325,856$70,898,100$1,153,904,163
90$1,547,973,265$151,159,206$73,034,569$1,269,836,854
91$1,705,620,405$158,319,874$75,235,094$1,397,534,216
92$1,879,339,800$165,823,661$77,501,583$1,538,194,079
93$2,070,770,575$173,687,136$79,836,002$1,693,136,370
94$2,281,719,040$181,927,673$82,240,374$1,863,815,566
95$2,514,175,740$190,563,486$84,716,784$2,051,834,410
96$2,770,334,245$199,613,677$87,267,377$2,258,959,032
97$3,052,611,865$209,098,273$89,894,360$2,487,135,613
98$3,363,672,463$219,038,276$92,600,009$2,738,508,745
99$3,706,451,608$229,455,706$95,386,663$3,015,441,664
100$4,084,184,290$240,373,654$98,256,734$3,320,538,549