Can I retire at age 45 with 18,800,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $18,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$1,552,486$1,538,658$1,525,166$1,511,997$1,499,138$1,486,578
2 years$768,558$754,244$740,372$726,922$713,875$701,216
3 years$507,282$492,907$479,070$465,746$452,912$440,546
4 years$376,670$362,339$348,640$335,544$323,021$311,043
5 years$298,323$284,078$270,559$257,730$245,555$234,002
6 years$246,109$231,971$218,652$206,108$194,299$183,185
7 years$208,828$194,809$181,701$169,453$158,017$147,346
8 years$180,880$166,987$154,097$142,150$131,091$120,863
9 years$159,154$145,392$132,723$121,080$110,397$100,610
10 years$141,783$128,156$115,711$104,372$94,064$84,711
11 years$127,580$114,090$101,870$90,835$80,898$71,973
12 years$115,753$102,401$90,407$79,675$70,105$61,599
13 years$105,753$92,541$80,773$70,341$61,133$53,037
14 years$97,189$84,117$72,575$62,441$53,589$45,893
15 years$89,773$76,842$65,525$55,686$47,184$39,876
16 years$83,291$70,501$59,408$49,861$41,701$34,771
17 years$77,577$64,929$54,059$44,800$36,975$30,411
18 years$72,504$59,997$49,349$40,373$32,876$26,665
19 years$67,971$55,605$45,177$36,481$29,303$23,433
20 years$63,895$51,671$41,461$33,040$26,174$20,632
21 years$60,213$48,129$38,136$29,986$23,423$18,196
22 years$56,870$44,927$35,148$27,264$20,996$16,071
23 years$53,822$42,019$32,453$24,830$18,847$14,212
24 years$51,032$39,369$30,014$22,647$16,940$12,582
25 years$48,469$36,946$27,799$20,682$15,243$11,149
26 years$46,108$34,723$25,782$18,911$13,731$9,889
27 years$43,925$32,679$23,941$17,309$12,379$8,777
28 years$41,901$30,793$22,256$15,859$11,170$7,795
29 years$40,021$29,050$20,711$14,543$10,086$6,928
30 years$38,269$27,434$19,292$13,347$9,114$6,160
31 years$36,633$25,935$17,985$12,258$8,240$5,480
32 years$35,103$24,539$16,780$11,266$7,453$4,876
33 years$33,668$23,239$15,668$10,360$6,745$4,341
34 years$32,321$22,026$14,639$9,532$6,107$3,866
35 years$31,053$20,891$13,687$8,775$5,531$3,444
36 years$29,859$19,828$12,804$8,081$5,012$3,069
37 years$28,732$18,833$11,984$7,446$4,542$2,735
38 years$27,666$17,898$11,222$6,863$4,118$2,438
39 years$26,658$17,019$10,514$6,328$3,734$2,173
40 years$25,703$16,192$9,855$5,837$3,387$1,938
41 years$24,796$15,413$9,241$5,385$3,073$1,728
42 years$23,935$14,679$8,668$4,970$2,788$1,542
43 years$23,116$13,986$8,134$4,588$2,531$1,375
44 years$22,337$13,332$7,635$4,236$2,297$1,227
45 years$21,594$12,713$7,169$3,912$2,085$1,094
46 years$20,886$12,128$6,733$3,614$1,893$977
47 years$20,210$11,574$6,326$3,338$1,719$871
48 years$19,564$11,049$5,945$3,085$1,561$778
49 years$18,946$10,551$5,588$2,851$1,418$694
50 years$18,355$10,079$5,253$2,635$1,288$619

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $18,800,000, adding $4,761 every year, while hoping to spend $38,257 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: 50/40/10 Blend
44$18,800,000$18,800,000$18,800,000$18,800,000
45$20,722,511$19,726,111$19,434,711$21,703,394
46$22,795,502$20,651,985$20,045,069$23,300,563
47$25,078,656$21,621,945$20,674,591$25,030,731
48$27,593,369$22,638,111$21,323,880$26,909,923
49$30,363,218$23,702,704$21,993,556$28,952,125
50$33,414,185$24,818,055$22,684,258$31,172,697
51$36,774,899$25,986,606$23,396,648$33,588,508
52$40,476,908$27,210,920$24,131,405$36,218,085
53$44,554,978$28,493,680$24,889,233$39,081,783
54$49,047,418$29,837,702$25,670,854$42,201,968
55$53,996,443$31,245,939$26,477,016$45,603,215
56$59,448,574$32,721,483$27,308,490$49,312,536
57$65,455,074$34,267,582$28,166,070$53,359,620
58$72,072,433$35,887,635$29,050,575$57,777,107
59$79,362,903$37,585,210$29,962,851$62,600,879
60$87,395,082$39,364,048$30,903,769$67,870,396
61$96,244,563$41,228,070$31,874,228$73,629,047
62$105,994,650$43,181,387$32,875,156$79,924,554
63$116,737,140$45,228,310$33,907,510$86,809,404
64$128,573,191$47,373,360$34,972,274$94,341,335
65$141,614,279$49,621,277$36,070,468$102,583,864
66$155,983,246$51,977,030$37,203,139$111,606,872
67$171,815,463$54,445,831$38,371,371$121,487,246
68$189,260,108$57,033,144$39,576,279$132,309,591
69$208,481,569$59,744,699$40,819,015$144,167,009
70$229,661,003$62,586,503$42,100,765$157,161,960
71$252,998,040$65,564,856$43,422,756$171,407,212
72$278,712,671$68,686,365$44,786,249$187,026,881
73$307,047,322$71,957,955$46,192,547$204,157,587
74$338,269,145$75,386,892$47,642,993$222,949,716
75$372,672,539$78,980,790$49,138,974$243,568,821
76$410,581,927$82,747,638$50,681,919$266,197,159
77$452,354,821$86,695,810$52,273,301$291,035,387
78$498,385,197$90,834,088$53,914,641$318,304,426
79$549,107,212$95,171,684$55,607,506$348,247,525
80$604,999,305$99,718,253$57,353,515$381,132,522
81$666,588,710$104,483,924$59,154,334$417,254,347
82$734,456,438$109,479,316$61,011,684$456,937,770
83$809,242,759$114,715,566$62,927,339$500,540,435
84$891,653,245$120,204,353$64,903,129$548,456,204
85$982,465,433$125,957,924$66,940,941$601,118,835
86$1,082,536,167$131,989,122$69,042,722$659,006,037
87$1,192,809,682$138,311,415$71,210,480$722,643,943
88$1,314,326,523$144,938,928$73,446,284$792,612,036
89$1,448,233,365$151,886,472$75,752,271$869,548,567
90$1,595,793,839$159,169,580$78,130,643$954,156,545
91$1,758,400,462$166,804,541$80,583,671$1,047,210,316
92$1,937,587,784$174,808,438$83,113,699$1,149,562,827
93$2,135,046,873$183,199,186$85,723,143$1,262,153,624
94$2,352,641,281$191,995,573$88,414,495$1,386,017,665
95$2,592,424,636$201,217,301$91,190,325$1,522,295,033
96$2,856,660,033$210,885,033$94,053,285$1,672,241,637
97$3,147,841,395$221,020,438$97,006,109$1,837,241,005
98$3,468,717,021$231,646,243$100,051,617$2,018,817,277
99$3,822,315,527$242,786,279$103,192,716$2,218,649,522
100$4,211,974,447$254,465,543$106,432,408$2,438,587,518