Can I retire at age 45 with 18,600,000?

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 $18,600,000?

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$1,535,971$1,522,289$1,508,941$1,495,912$1,483,190$1,444,989
2 years$760,381$746,220$732,495$719,188$706,281$668,049
3 years$501,886$487,663$473,973$460,791$448,094$411,026
4 years$372,663$358,484$344,931$331,974$319,584$283,966
5 years$295,150$281,056$267,681$254,988$242,943$208,872
6 years$243,491$229,503$216,326$203,916$192,232$159,743
7 years$206,606$192,736$179,768$167,650$156,336$125,432
8 years$178,956$165,211$152,457$140,638$129,696$100,361
9 years$157,461$143,846$131,311$119,792$109,223$81,432
10 years$140,275$126,793$114,480$103,262$93,063$66,783
11 years$126,223$112,876$100,787$89,869$80,038$55,228
12 years$114,521$101,312$89,446$78,827$69,359$45,977
13 years$104,628$91,556$79,914$69,593$60,482$38,480
14 years$96,155$83,222$71,803$61,776$53,018$32,346
15 years$88,818$76,025$64,828$55,094$46,682$27,288
16 years$82,405$69,751$58,776$49,330$41,257$23,088
17 years$76,752$64,238$53,484$44,323$36,582$19,583
18 years$71,733$59,359$48,824$39,944$32,527$16,645
19 years$67,248$55,013$44,696$36,093$28,992$14,171
20 years$63,216$51,121$41,020$32,689$25,896$12,083
21 years$59,572$47,617$37,730$29,667$23,174$10,316
22 years$56,265$44,449$34,774$26,974$20,772$8,816
23 years$53,249$41,572$32,108$24,566$18,646$7,541
24 years$50,489$38,951$29,694$22,406$16,760$6,455
25 years$47,954$36,553$27,503$20,462$15,081$5,529
26 years$45,617$34,354$25,508$18,710$13,585$4,738
27 years$43,457$32,331$23,686$17,125$12,248$4,063
28 years$41,455$30,466$22,019$15,690$11,051$3,485
29 years$39,595$28,741$20,491$14,388$9,979$2,990
30 years$37,862$27,143$19,086$13,205$9,017$2,567
31 years$36,243$25,659$17,794$12,128$8,152$2,204
32 years$34,729$24,278$16,602$11,146$7,374$1,892
33 years$33,310$22,992$15,501$10,249$6,673$1,625
34 years$31,977$21,791$14,483$9,430$6,042$1,396
35 years$30,723$20,669$13,541$8,681$5,473$1,199
36 years$29,541$19,618$12,667$7,995$4,958$1,031
37 years$28,426$18,632$11,856$7,366$4,494$886
38 years$27,372$17,707$11,103$6,790$4,074$761
39 years$26,374$16,838$10,402$6,261$3,695$654
40 years$25,429$16,020$9,750$5,774$3,351$562
41 years$24,532$15,249$9,142$5,328$3,040$483
42 years$23,681$14,523$8,576$4,917$2,759$415
43 years$22,871$13,837$8,047$4,539$2,504$357
44 years$22,099$13,190$7,554$4,191$2,273$307
45 years$21,365$12,578$7,093$3,870$2,063$264
46 years$20,664$11,999$6,662$3,575$1,873$227
47 years$19,995$11,450$6,259$3,303$1,701$195
48 years$19,356$10,931$5,881$3,052$1,545$168
49 years$18,745$10,439$5,528$2,821$1,403$144
50 years$18,160$9,971$5,197$2,607$1,274$124

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $18,600,000, adding $2,355 every year, while hoping to spend $22,569 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: 48/42/10 Blend
44$18,600,000$18,600,000$18,600,000$18,600,000
45$20,499,629$19,513,829$19,225,529$21,427,668
46$22,566,578$20,445,994$19,845,571$22,997,703
47$24,843,599$21,423,078$20,485,628$24,698,845
48$27,352,097$22,447,258$21,146,347$26,545,315
49$30,115,656$23,520,819$21,828,395$28,550,666
50$33,160,268$24,646,155$22,532,461$30,729,769
51$36,514,574$25,825,775$23,259,257$33,098,957
52$40,210,136$27,062,314$24,009,518$35,676,160
53$44,281,734$28,358,531$24,784,001$38,481,069
54$48,767,696$29,717,324$25,583,490$41,535,316
55$53,710,256$31,141,728$26,408,792$44,862,662
56$59,155,957$32,634,928$27,260,741$48,489,216
57$65,156,088$34,200,263$28,140,200$52,443,668
58$71,767,169$35,841,235$29,048,056$56,757,549
59$79,051,482$37,561,518$29,985,228$61,465,519
60$87,077,664$39,364,963$30,952,664$66,605,676
61$95,921,348$41,255,608$31,951,340$72,219,910
62$105,665,883$43,237,691$32,982,268$78,354,280
63$116,403,119$45,315,654$34,046,490$85,059,435
64$128,234,271$47,494,155$35,145,081$92,391,078
65$141,270,879$49,778,081$36,279,154$100,410,477
66$155,635,857$52,172,555$37,449,854$109,185,024
67$171,464,657$54,682,952$38,658,366$118,788,859
68$188,906,543$57,314,908$39,905,913$129,303,546
69$208,126,005$60,074,333$41,193,755$140,818,828
70$229,304,309$62,967,427$42,523,197$153,433,453
71$252,641,207$66,000,689$43,895,583$167,256,086
72$278,356,826$69,180,939$45,312,301$182,406,312
73$306,693,745$72,515,328$46,774,786$199,015,744
74$337,919,281$76,011,353$48,284,516$217,229,241
75$372,328,020$79,676,881$49,843,019$237,206,248
76$410,244,590$83,520,161$51,451,872$259,122,280
77$452,026,733$87,549,844$53,112,705$283,170,547
78$498,068,676$91,775,002$54,827,197$309,563,750
79$548,804,857$96,205,153$56,597,083$338,536,063
80$604,714,023$100,850,276$58,424,156$370,345,305
81$666,323,752$105,720,839$60,310,265$405,275,348
82$734,215,435$110,827,819$62,257,318$443,638,757
83$809,029,759$116,182,732$64,267,288$485,779,707
84$891,472,760$121,797,652$66,342,208$532,077,196
85$982,322,490$127,685,246$68,484,180$582,948,577
86$1,082,436,357$133,858,795$70,695,373$638,853,462
87$1,192,759,223$140,332,234$72,978,026$700,298,016
88$1,314,332,324$147,120,173$75,334,450$767,839,686
89$1,448,303,098$154,237,939$77,767,031$842,092,422
90$1,595,936,020$161,701,604$80,278,233$923,732,417
91$1,758,624,540$169,528,029$82,870,600$1,013,504,439
92$1,937,904,235$177,734,894$85,546,756$1,112,228,811
93$2,135,467,309$186,340,745$88,309,414$1,220,809,090
94$2,353,178,566$195,365,034$91,161,372$1,340,240,545
95$2,593,093,020$204,828,161$94,105,518$1,471,619,481
96$2,857,475,291$214,751,524$97,144,836$1,616,153,527
97$3,148,820,987$225,157,565$100,282,404$1,775,172,968
98$3,469,880,266$236,069,823$103,521,402$1,950,143,225
99$3,823,683,796$247,512,988$106,865,113$2,142,678,619
100$4,213,571,372$259,512,953$110,316,923$2,354,557,526