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%19.6%
1 years$1,535,971$1,522,289$1,508,941$1,495,912$1,483,190$1,426,032
2 years$760,381$746,220$732,495$719,188$706,281$649,377
3 years$501,886$487,663$473,973$460,791$448,094$393,235
4 years$372,663$358,484$344,931$331,974$319,584$267,188
5 years$295,150$281,056$267,681$254,988$242,943$193,143
6 years$243,491$229,503$216,326$203,916$192,232$145,063
7 years$206,606$192,736$179,768$167,650$156,336$111,783
8 years$178,956$165,211$152,457$140,638$129,696$87,715
9 years$157,461$143,846$131,311$119,792$109,223$69,753
10 years$140,275$126,793$114,480$103,262$93,063$56,030
11 years$126,223$112,876$100,787$89,869$80,038$45,358
12 years$114,521$101,312$89,446$78,827$69,359$36,942
13 years$104,628$91,556$79,914$69,593$60,482$30,233
14 years$96,155$83,222$71,803$61,776$53,018$24,838
15 years$88,818$76,025$64,828$55,094$46,682$20,470
16 years$82,405$69,751$58,776$49,330$41,257$16,912
17 years$76,752$64,238$53,484$44,323$36,582$14,002
18 years$71,733$59,359$48,824$39,944$32,527$11,612
19 years$67,248$55,013$44,696$36,093$28,992$9,643
20 years$63,216$51,121$41,020$32,689$25,896$8,018
21 years$59,572$47,617$37,730$29,667$23,174$6,672
22 years$56,265$44,449$34,774$26,974$20,772$5,557
23 years$53,249$41,572$32,108$24,566$18,646$4,631
24 years$50,489$38,951$29,694$22,406$16,760$3,862
25 years$47,954$36,553$27,503$20,462$15,081$3,222
26 years$45,617$34,354$25,508$18,710$13,585$2,689
27 years$43,457$32,331$23,686$17,125$12,248$2,244
28 years$41,455$30,466$22,019$15,690$11,051$1,874
29 years$39,595$28,741$20,491$14,388$9,979$1,565
30 years$37,862$27,143$19,086$13,205$9,017$1,308
31 years$36,243$25,659$17,794$12,128$8,152$1,092
32 years$34,729$24,278$16,602$11,146$7,374$913
33 years$33,310$22,992$15,501$10,249$6,673$763
34 years$31,977$21,791$14,483$9,430$6,042$638
35 years$30,723$20,669$13,541$8,681$5,473$533
36 years$29,541$19,618$12,667$7,995$4,958$445
37 years$28,426$18,632$11,856$7,366$4,494$372
38 years$27,372$17,707$11,103$6,790$4,074$311
39 years$26,374$16,838$10,402$6,261$3,695$260
40 years$25,429$16,020$9,750$5,774$3,351$218
41 years$24,532$15,249$9,142$5,328$3,040$182
42 years$23,681$14,523$8,576$4,917$2,759$152
43 years$22,871$13,837$8,047$4,539$2,504$127
44 years$22,099$13,190$7,554$4,191$2,273$106
45 years$21,365$12,578$7,093$3,870$2,063$89
46 years$20,664$11,999$6,662$3,575$1,873$74
47 years$19,995$11,450$6,259$3,303$1,701$62
48 years$19,356$10,931$5,881$3,052$1,545$52
49 years$18,745$10,439$5,528$2,821$1,403$43
50 years$18,160$9,971$5,197$2,607$1,274$36

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 $5,557 every year, while hoping to spend $53,449 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: 71/11/18 Blend
44$18,600,000$18,600,000$18,600,000$18,600,000
45$20,502,932$19,517,132$19,228,832$21,870,645
46$22,537,362$20,416,602$19,816,129$23,680,717
47$24,777,512$21,358,355$20,421,308$25,654,856
48$27,244,310$22,344,406$21,044,914$27,814,872
49$29,960,815$23,376,867$21,687,504$30,179,157
50$32,952,437$24,457,953$22,349,654$32,767,953
51$36,247,177$25,589,984$23,031,959$35,603,548
52$39,875,889$26,775,393$23,735,029$38,710,476
53$43,872,571$28,016,729$24,459,495$42,115,751
54$48,274,690$29,316,665$25,206,004$45,849,116
55$53,123,528$30,678,002$25,975,225$49,943,320
56$58,464,580$32,103,676$26,767,847$54,434,424
57$64,347,977$33,596,765$27,584,579$59,362,140
58$70,828,960$35,160,496$28,426,152$64,770,199
59$77,968,404$36,798,251$29,293,319$70,706,761
60$85,833,391$38,513,575$30,186,855$77,224,864
61$94,497,841$40,310,184$31,107,558$84,382,924
62$104,043,212$42,191,975$32,056,253$92,245,278
63$114,559,269$44,163,031$33,033,787$100,882,789
64$126,144,929$46,227,634$34,041,033$110,373,508
65$138,909,195$48,390,271$35,078,891$120,803,407
66$152,972,188$50,655,649$36,148,288$132,267,186
67$168,466,274$53,028,699$37,250,179$144,869,160
68$185,537,321$55,514,593$38,385,548$158,724,236
69$204,346,071$58,118,751$39,555,407$173,958,998
70$225,069,658$60,846,857$40,760,801$190,712,889
71$247,903,280$63,704,870$42,002,804$209,139,524
72$273,062,041$66,699,035$43,282,525$229,408,131
73$300,782,984$69,835,902$44,601,104$251,705,146
74$331,327,324$73,122,337$45,959,717$276,235,960
75$364,982,918$76,565,539$47,359,574$303,226,854
76$402,066,979$80,173,054$48,801,923$332,927,126
77$442,929,072$83,952,794$50,288,049$365,611,434
78$487,954,414$87,913,057$51,819,274$401,582,383
79$537,567,507$92,062,540$53,396,963$441,173,371
80$592,236,151$96,410,363$55,022,519$484,751,726
81$652,475,854$100,966,086$56,697,390$532,722,167
82$718,854,703$105,739,736$58,423,064$585,530,609
83$791,998,723$110,741,824$60,201,077$643,668,367
84$872,597,790$115,983,370$62,033,010$707,676,778
85$961,412,140$121,475,931$63,920,492$778,152,305
86$1,059,279,549$127,231,623$65,865,199$855,752,150
87$1,167,123,241$133,263,150$67,868,861$941,200,450
88$1,285,960,600$139,583,833$69,933,256$1,035,295,095
89$1,416,912,779$146,207,639$72,060,218$1,138,915,251
90$1,561,215,283$153,149,213$74,251,636$1,253,029,644
91$1,720,229,630$160,423,913$76,509,455$1,378,705,687
92$1,895,456,208$168,047,841$78,835,677$1,517,119,545
93$2,088,548,437$176,037,880$81,232,367$1,669,567,219
94$2,301,328,377$184,411,736$83,701,651$1,837,476,765
95$2,535,803,933$193,187,973$86,245,718$2,022,421,758
96$2,794,187,808$202,386,057$88,866,823$2,226,136,127
97$3,078,918,392$212,026,401$91,567,290$2,450,530,505
98$3,392,682,783$222,130,410$94,349,509$2,697,710,249
99$3,738,442,156$232,720,530$97,215,947$2,969,995,288
100$4,119,459,716$243,820,295$100,169,141$3,269,942,009