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%12.5%
1 years$1,535,971$1,522,289$1,508,941$1,495,912$1,483,190$1,467,701
2 years$760,381$746,220$732,495$719,188$706,281$690,683
3 years$501,886$487,663$473,973$460,791$448,094$432,870
4 years$372,663$358,484$344,931$331,974$319,584$304,853
5 years$295,150$281,056$267,681$254,988$242,943$228,747
6 years$243,491$229,503$216,326$203,916$192,232$178,590
7 years$206,606$192,736$179,768$167,650$156,336$143,252
8 years$178,956$165,211$152,457$140,638$129,696$117,170
9 years$157,461$143,846$131,311$119,792$109,223$97,250
10 years$140,275$126,793$114,480$103,262$93,063$81,636
11 years$126,223$112,876$100,787$89,869$80,038$69,147
12 years$114,521$101,312$89,446$78,827$69,359$58,993
13 years$104,628$91,556$79,914$69,593$60,482$50,630
14 years$96,155$83,222$71,803$61,776$53,018$43,665
15 years$88,818$76,025$64,828$55,094$46,682$37,813
16 years$82,405$69,751$58,776$49,330$41,257$32,859
17 years$76,752$64,238$53,484$44,323$36,582$28,638
18 years$71,733$59,359$48,824$39,944$32,527$25,022
19 years$67,248$55,013$44,696$36,093$28,992$21,910
20 years$63,216$51,121$41,020$32,689$25,896$19,221
21 years$59,572$47,617$37,730$29,667$23,174$16,888
22 years$56,265$44,449$34,774$26,974$20,772$14,860
23 years$53,249$41,572$32,108$24,566$18,646$13,091
24 years$50,489$38,951$29,694$22,406$16,760$11,545
25 years$47,954$36,553$27,503$20,462$15,081$10,191
26 years$45,617$34,354$25,508$18,710$13,585$9,003
27 years$43,457$32,331$23,686$17,125$12,248$7,959
28 years$41,455$30,466$22,019$15,690$11,051$7,041
29 years$39,595$28,741$20,491$14,388$9,979$6,232
30 years$37,862$27,143$19,086$13,205$9,017$5,519
31 years$36,243$25,659$17,794$12,128$8,152$4,889
32 years$34,729$24,278$16,602$11,146$7,374$4,333
33 years$33,310$22,992$15,501$10,249$6,673$3,842
34 years$31,977$21,791$14,483$9,430$6,042$3,407
35 years$30,723$20,669$13,541$8,681$5,473$3,022
36 years$29,541$19,618$12,667$7,995$4,958$2,681
37 years$28,426$18,632$11,856$7,366$4,494$2,380
38 years$27,372$17,707$11,103$6,790$4,074$2,112
39 years$26,374$16,838$10,402$6,261$3,695$1,875
40 years$25,429$16,020$9,750$5,774$3,351$1,665
41 years$24,532$15,249$9,142$5,328$3,040$1,478
42 years$23,681$14,523$8,576$4,917$2,759$1,313
43 years$22,871$13,837$8,047$4,539$2,504$1,166
44 years$22,099$13,190$7,554$4,191$2,273$1,036
45 years$21,365$12,578$7,093$3,870$2,063$920
46 years$20,664$11,999$6,662$3,575$1,873$817
47 years$19,995$11,450$6,259$3,303$1,701$726
48 years$19,356$10,931$5,881$3,052$1,545$645
49 years$18,745$10,439$5,528$2,821$1,403$573
50 years$18,160$9,971$5,197$2,607$1,274$509

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 $4,052 every year, while hoping to spend $34,524 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$18,600,000$18,600,000$18,600,000$18,600,000
45$20,501,380$19,515,580$19,227,280$21,212,133
46$22,555,787$20,435,110$19,834,660$22,640,998
47$24,818,587$21,398,540$20,461,231$24,183,791
48$27,310,999$22,407,984$21,107,598$25,853,904
49$30,056,406$23,465,660$21,774,388$27,663,089
50$33,080,574$24,573,893$22,462,245$29,624,242
51$36,411,898$25,735,119$23,171,835$31,751,522
52$40,081,665$26,951,893$23,903,845$34,060,473
53$44,124,355$28,226,896$24,658,984$36,568,162
54$48,577,962$29,562,937$25,437,983$39,293,337
55$53,484,354$30,962,960$26,241,595$42,256,591
56$58,889,668$32,430,055$27,070,598$45,480,547
57$64,844,746$33,967,460$27,925,795$48,990,067
58$71,405,615$35,578,570$28,808,014$52,812,470
59$78,634,013$37,266,946$29,718,108$56,977,786
60$86,597,976$39,036,320$30,656,959$61,519,023
61$95,372,478$40,890,608$31,625,475$66,472,473
62$105,040,136$42,833,913$32,624,593$71,878,037
63$115,691,994$44,870,539$33,655,282$77,779,594
64$127,428,382$47,005,000$34,718,538$84,225,401
65$140,359,859$49,242,027$35,815,392$91,268,534
66$154,608,261$51,586,583$36,946,903$98,967,374
67$170,307,849$54,043,870$38,114,169$107,386,147
68$187,606,575$56,619,345$39,318,320$116,595,514
69$206,667,481$59,318,729$40,560,519$126,673,217
70$227,670,239$62,148,021$41,841,972$137,704,804
71$250,812,843$65,113,513$43,163,917$149,784,413
72$276,313,479$68,221,802$44,527,634$163,015,643
73$304,412,589$71,479,805$45,934,445$177,512,518
74$335,375,135$74,894,778$47,385,711$193,400,534
75$369,493,103$78,474,326$48,882,836$210,817,832
76$407,088,259$82,226,428$50,427,271$229,916,475
77$448,515,187$86,159,449$52,020,511$250,863,859
78$494,164,636$90,282,162$53,664,098$273,844,275
79$544,467,207$94,603,765$55,359,623$299,060,619
80$599,897,420$99,133,908$57,108,728$326,736,280
81$660,978,194$103,882,706$58,913,107$357,117,227
82$728,285,780$108,860,769$60,774,507$390,474,296
83$802,455,206$114,079,224$62,694,730$427,105,721
84$884,186,269$119,549,737$64,675,634$467,339,916
85$974,250,139$125,284,545$66,719,139$511,538,540
86$1,073,496,646$131,296,481$68,827,223$560,099,883
87$1,182,862,296$137,599,000$71,001,927$613,462,582
88$1,303,379,116$144,206,216$73,245,357$672,109,731
89$1,436,184,394$151,132,929$75,559,685$736,573,397
90$1,582,531,419$158,394,660$77,947,152$807,439,606
91$1,743,801,313$166,007,687$80,410,070$885,353,826
92$1,921,516,063$173,989,080$82,950,824$971,027,022
93$2,117,352,899$182,356,743$85,571,874$1,065,242,316
94$2,333,160,122$191,129,450$88,275,759$1,168,862,330
95$2,570,974,554$200,326,893$91,065,096$1,282,837,281
96$2,833,040,769$209,969,721$93,942,587$1,408,213,894
97$3,121,832,283$220,079,593$96,911,019$1,546,145,229
98$3,440,074,903$230,679,221$99,973,266$1,697,901,504
99$3,790,772,467$241,792,426$103,132,294$1,864,882,027
100$4,177,235,194$253,444,190$106,391,162$2,048,628,341