Can I retire at age 45 with 18,700,000?

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 $18,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$1,544,229$1,530,473$1,517,053$1,503,955$1,491,164$1,459,863
2 years$764,470$750,232$736,434$723,055$710,078$678,690
3 years$504,584$490,285$476,521$463,268$450,503$420,008
4 years$374,667$360,411$346,785$333,759$321,302$291,935
5 years$296,736$282,567$269,120$256,359$244,249$216,092
6 years$244,800$230,737$217,489$205,012$193,266$166,350
7 years$207,717$193,773$180,734$168,552$157,177$131,507
8 years$179,918$166,099$153,277$141,394$130,393$105,962
9 years$158,307$144,619$132,017$120,436$109,810$86,600
10 years$141,029$127,475$115,096$103,817$93,564$71,551
11 years$126,902$113,483$101,328$90,352$80,468$59,625
12 years$115,137$101,856$89,926$79,251$69,732$50,028
13 years$105,190$92,048$80,343$69,967$60,807$42,208
14 years$96,672$83,669$72,189$62,109$53,303$35,772
15 years$89,296$76,434$65,177$55,390$46,933$30,431
16 years$82,848$70,126$59,092$49,596$41,479$25,969
17 years$77,165$64,584$53,772$44,561$36,778$22,218
18 years$72,119$59,678$49,087$40,159$32,702$19,052
19 years$67,609$55,309$44,936$36,287$29,148$16,367
20 years$63,555$51,396$41,240$32,865$26,035$14,082
21 years$59,893$47,873$37,933$29,827$23,299$12,133
22 years$56,567$44,688$34,961$27,119$20,884$10,466
23 years$53,535$41,796$32,281$24,698$18,747$9,037
24 years$50,760$39,160$29,854$22,526$16,850$7,809
25 years$48,211$36,750$27,651$20,572$15,162$6,753
26 years$45,862$34,539$25,645$18,810$13,658$5,844
27 years$43,691$32,505$23,813$17,217$12,314$5,060
28 years$41,678$30,629$22,138$15,775$11,111$4,383
29 years$39,808$28,895$20,601$14,466$10,033$3,798
30 years$38,065$27,288$19,189$13,276$9,065$3,292
31 years$36,438$25,797$17,889$12,193$8,196$2,855
32 years$34,916$24,409$16,691$11,206$7,414$2,476
33 years$33,489$23,116$15,585$10,305$6,709$2,148
34 years$32,149$21,908$14,561$9,481$6,075$1,864
35 years$30,888$20,780$13,614$8,728$5,502$1,617
36 years$29,700$19,723$12,735$8,038$4,985$1,404
37 years$28,579$18,732$11,920$7,406$4,518$1,219
38 years$27,519$17,802$11,163$6,826$4,096$1,058
39 years$26,516$16,928$10,458$6,294$3,714$919
40 years$25,566$16,106$9,802$5,806$3,369$798
41 years$24,664$15,331$9,192$5,356$3,057$693
42 years$23,808$14,601$8,622$4,943$2,774$602
43 years$22,993$13,912$8,091$4,563$2,517$522
44 years$22,218$13,261$7,594$4,213$2,285$454
45 years$21,480$12,645$7,131$3,891$2,074$394
46 years$20,775$12,063$6,698$3,594$1,883$342
47 years$20,103$11,512$6,292$3,321$1,710$297
48 years$19,460$10,990$5,913$3,068$1,553$258
49 years$18,846$10,495$5,558$2,836$1,410$224
50 years$18,258$10,025$5,225$2,621$1,281$195

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $18,700,000, adding $3,928 every year, while hoping to spend $46,543 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: 84/5/11 Blend
44$18,700,000$18,700,000$18,700,000$18,700,000
45$20,611,452$19,620,352$19,330,502$22,305,912
46$22,664,298$20,532,228$19,928,552$24,326,927
47$24,924,976$21,487,225$20,545,077$26,539,913
48$27,414,633$22,487,409$21,180,647$28,969,401
49$30,156,575$23,534,942$21,835,849$31,637,145
50$33,176,484$24,632,092$22,511,287$34,567,104
51$36,502,657$25,781,236$23,207,587$37,785,669
52$40,166,278$26,984,867$23,925,392$41,321,912
53$44,201,710$28,245,597$24,665,364$45,207,851
54$48,646,817$29,566,165$25,428,187$49,478,762
55$53,543,327$30,949,441$26,214,565$54,173,498
56$58,937,218$32,398,435$27,025,225$59,334,865
57$64,879,159$33,916,303$27,860,914$65,010,013
58$71,424,983$35,506,352$28,722,406$71,250,890
59$78,636,219$37,172,051$29,610,493$78,114,723
60$86,580,666$38,917,034$30,525,998$85,664,556
61$95,333,039$40,745,113$31,469,763$93,969,849
62$104,975,669$42,660,285$32,442,661$103,107,122
63$115,599,286$44,666,737$33,445,589$113,160,683
64$127,303,869$46,768,863$34,479,471$124,223,417
65$140,199,593$48,971,266$35,545,263$136,397,662
66$154,407,869$51,278,776$36,643,947$149,796,169
67$170,062,488$53,696,453$37,776,536$164,543,169
68$187,310,887$56,229,604$38,944,075$180,775,537
69$206,315,536$58,883,793$40,147,640$198,644,084
70$227,255,476$61,664,854$41,388,341$218,314,975
71$250,328,006$64,578,903$42,667,322$239,971,299
72$275,750,547$67,632,354$43,985,761$263,814,788
73$303,762,693$70,831,930$45,344,875$290,067,721
74$334,628,474$74,184,681$46,745,915$318,975,017
75$368,638,848$77,698,000$48,190,172$350,806,545
76$406,114,445$81,379,636$49,678,978$385,859,665
77$447,408,598$85,237,718$51,213,703$424,462,031
78$492,910,674$89,280,765$52,795,761$466,974,682
79$543,049,754$93,517,714$54,426,610$513,795,442
80$598,298,679$97,957,932$56,107,752$565,362,676
81$659,178,516$102,611,243$57,840,734$622,159,415
82$726,263,479$107,487,947$59,627,152$684,717,919
83$800,186,343$112,598,846$61,468,651$753,624,691
84$881,644,425$117,955,264$63,366,925$829,526,009
85$971,406,162$123,569,078$65,323,723$913,134,022
86$1,070,318,367$129,452,740$67,340,845$1,005,233,467
87$1,179,314,224$135,619,308$69,420,147$1,106,689,069
88$1,299,422,095$142,082,474$71,563,542$1,218,453,699
89$1,431,775,230$148,856,596$73,773,002$1,341,577,361
90$1,577,622,465$155,956,732$76,050,559$1,477,217,099
91$1,738,340,013$163,398,667$78,398,309$1,626,647,913
92$1,915,444,452$171,198,960$80,818,410$1,791,274,783
93$2,110,607,047$179,374,970$83,313,088$1,972,645,930
94$2,325,669,526$187,944,904$85,884,636$2,172,467,420
95$2,562,661,465$196,927,851$88,535,419$2,392,619,263
96$2,823,819,452$206,343,834$91,267,873$2,635,173,150
97$3,111,608,199$216,213,844$94,084,510$2,902,412,004
98$3,428,743,812$226,559,899$96,987,917$3,196,851,519
99$3,778,219,432$237,405,085$99,980,763$3,521,263,901
100$4,163,333,493$248,773,613$103,065,798$3,878,704,027