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%16.9%
1 years$1,544,229$1,530,473$1,517,053$1,503,955$1,491,164$1,449,241
2 years$764,470$750,232$736,434$723,055$710,078$668,161
3 years$504,584$490,285$476,521$463,268$450,503$409,904
4 years$374,667$360,411$346,785$333,759$321,302$282,334
5 years$296,736$282,567$269,120$256,359$244,249$207,018
6 years$244,800$230,737$217,489$205,012$193,266$157,807
7 years$207,717$193,773$180,734$168,552$157,177$123,490
8 years$179,918$166,099$153,277$141,394$130,393$98,460
9 years$158,307$144,619$132,017$120,436$109,810$79,600
10 years$141,029$127,475$115,096$103,817$93,564$65,037
11 years$126,902$113,483$101,328$90,352$80,468$53,578
12 years$115,137$101,856$89,926$79,251$69,732$44,427
13 years$105,190$92,048$80,343$69,967$60,807$37,033
14 years$96,672$83,669$72,189$62,109$53,303$31,002
15 years$89,296$76,434$65,177$55,390$46,933$26,043
16 years$82,848$70,126$59,092$49,596$41,479$21,941
17 years$77,165$64,584$53,772$44,561$36,778$18,529
18 years$72,119$59,678$49,087$40,159$32,702$15,679
19 years$67,609$55,309$44,936$36,287$29,148$13,289
20 years$63,555$51,396$41,240$32,865$26,035$11,280
21 years$59,893$47,873$37,933$29,827$23,299$9,585
22 years$56,567$44,688$34,961$27,119$20,884$8,153
23 years$53,535$41,796$32,281$24,698$18,747$6,941
24 years$50,760$39,160$29,854$22,526$16,850$5,913
25 years$48,211$36,750$27,651$20,572$15,162$5,041
26 years$45,862$34,539$25,645$18,810$13,658$4,299
27 years$43,691$32,505$23,813$17,217$12,314$3,669
28 years$41,678$30,629$22,138$15,775$11,111$3,131
29 years$39,808$28,895$20,601$14,466$10,033$2,674
30 years$38,065$27,288$19,189$13,276$9,065$2,284
31 years$36,438$25,797$17,889$12,193$8,196$1,951
32 years$34,916$24,409$16,691$11,206$7,414$1,667
33 years$33,489$23,116$15,585$10,305$6,709$1,425
34 years$32,149$21,908$14,561$9,481$6,075$1,218
35 years$30,888$20,780$13,614$8,728$5,502$1,041
36 years$29,700$19,723$12,735$8,038$4,985$890
37 years$28,579$18,732$11,920$7,406$4,518$761
38 years$27,519$17,802$11,163$6,826$4,096$650
39 years$26,516$16,928$10,458$6,294$3,714$556
40 years$25,566$16,106$9,802$5,806$3,369$476
41 years$24,664$15,331$9,192$5,356$3,057$407
42 years$23,808$14,601$8,622$4,943$2,774$348
43 years$22,993$13,912$8,091$4,563$2,517$298
44 years$22,218$13,261$7,594$4,213$2,285$254
45 years$21,480$12,645$7,131$3,891$2,074$218
46 years$20,775$12,063$6,698$3,594$1,883$186
47 years$20,103$11,512$6,292$3,321$1,710$159
48 years$19,460$10,990$5,913$3,068$1,553$136
49 years$18,846$10,495$5,558$2,836$1,410$116
50 years$18,258$10,025$5,225$2,621$1,281$100

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 $4,782 every year, while hoping to spend $55,117 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: 80/12/8 Blend
44$18,700,000$18,700,000$18,700,000$18,700,000
45$20,612,333$19,621,233$19,331,383$22,239,627
46$22,656,147$20,524,029$19,920,340$24,209,525
47$24,906,582$21,469,215$20,527,180$26,362,829
48$27,384,657$22,458,810$21,152,444$28,723,938
49$30,113,529$23,494,929$21,796,688$31,313,582
50$33,118,720$24,579,791$22,460,487$34,154,586
51$36,428,348$25,715,720$23,144,433$37,272,082
52$40,073,401$26,905,152$23,849,133$40,693,746
53$44,088,025$28,150,641$24,575,216$44,450,054
54$48,509,845$29,454,864$25,323,327$48,574,567
55$53,380,323$30,820,626$26,094,133$53,104,246
56$58,745,148$32,250,869$26,888,318$58,079,798
57$64,654,666$33,748,674$27,706,590$63,546,055
58$71,164,357$35,317,274$28,549,675$69,552,394
59$78,335,356$36,960,055$29,418,324$76,153,201
60$86,235,032$38,680,568$30,313,307$83,408,380
61$94,937,623$40,482,533$31,235,421$91,383,914
62$104,524,937$42,369,854$32,185,484$100,152,482
63$115,087,123$44,346,620$33,164,341$109,794,146
64$126,723,523$46,417,117$34,172,859$120,397,096
65$139,543,606$48,585,840$35,211,934$132,058,483
66$153,668,008$50,857,500$36,282,488$144,885,326
67$169,229,665$53,237,037$37,385,470$158,995,522
68$186,375,067$55,729,628$38,521,860$174,518,952
69$205,265,645$58,340,701$39,692,664$191,598,700
70$226,079,292$61,075,947$40,898,919$210,392,397
71$249,012,043$63,941,331$42,141,696$231,073,708
72$274,279,923$66,943,108$43,422,095$253,833,960
73$302,120,989$70,087,835$44,741,249$278,883,943
74$332,797,577$73,382,385$46,100,328$306,455,894
75$366,598,774$76,833,967$47,500,533$336,805,680
76$403,843,152$80,450,134$48,943,104$370,215,208
77$444,881,774$84,238,810$50,429,318$406,995,078
78$490,101,502$88,208,300$51,960,488$447,487,503
79$539,928,660$92,367,311$53,537,969$492,069,537
80$594,833,047$96,724,973$55,163,154$541,156,621
81$655,332,379$101,290,858$56,837,481$595,206,496
82$721,997,173$106,075,001$58,562,428$654,723,519
83$795,456,134$111,087,926$60,339,519$720,263,404
84$876,402,089$116,340,664$62,170,322$792,438,469
85$965,598,529$121,844,783$64,056,455$871,923,396
86$1,063,886,814$127,612,412$65,999,581$959,461,593
87$1,172,194,117$133,656,268$68,001,415$1,055,872,199
88$1,291,542,176$139,989,685$70,063,722$1,162,057,804
89$1,423,056,942$146,626,643$72,188,320$1,279,012,956
90$1,567,979,204$153,581,802$74,377,082$1,407,833,537
91$1,727,676,306$160,870,534$76,631,938$1,549,727,090
92$1,903,655,053$168,508,955$78,954,872$1,706,024,211
93$2,097,575,940$176,513,964$81,347,932$1,878,191,087
94$2,311,268,821$184,903,284$83,813,223$2,067,843,325
95$2,546,750,191$193,695,495$86,352,915$2,276,761,183
96$2,806,242,216$202,910,080$88,969,244$2,506,906,364
97$3,092,193,719$212,567,470$91,664,510$2,760,440,511
98$3,407,303,290$222,689,089$94,441,084$3,039,745,596
99$3,754,544,772$233,297,400$97,301,406$3,347,446,387
100$4,137,195,325$244,415,959$100,247,990$3,686,435,205