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

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 $18,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$1,552,486$1,538,658$1,525,166$1,511,997$1,499,138$1,492,821
2 years$768,558$754,244$740,372$726,922$713,875$707,498
3 years$507,282$492,907$479,070$465,746$452,912$446,672
4 years$376,670$362,339$348,640$335,544$323,021$316,965
5 years$298,323$284,078$270,559$257,730$245,555$239,703
6 years$246,109$231,971$218,652$206,108$194,299$188,658
7 years$208,828$194,809$181,701$169,453$158,017$152,589
8 years$180,880$166,987$154,097$142,150$131,091$125,876
9 years$159,154$145,392$132,723$121,080$110,397$105,396
10 years$141,783$128,156$115,711$104,372$94,064$89,273
11 years$127,580$114,090$101,870$90,835$80,898$76,315
12 years$115,753$102,401$90,407$79,675$70,105$65,725
13 years$105,753$92,541$80,773$70,341$61,133$56,953
14 years$97,189$84,117$72,575$62,441$53,589$49,604
15 years$89,773$76,842$65,525$55,686$47,184$43,389
16 years$83,291$70,501$59,408$49,861$41,701$38,092
17 years$77,577$64,929$54,059$44,800$36,975$33,546
18 years$72,504$59,997$49,349$40,373$32,876$29,622
19 years$67,971$55,605$45,177$36,481$29,303$26,218
20 years$63,895$51,671$41,461$33,040$26,174$23,252
21 years$60,213$48,129$38,136$29,986$23,423$20,658
22 years$56,870$44,927$35,148$27,264$20,996$18,381
23 years$53,822$42,019$32,453$24,830$18,847$16,378
24 years$51,032$39,369$30,014$22,647$16,940$14,611
25 years$48,469$36,946$27,799$20,682$15,243$13,048
26 years$46,108$34,723$25,782$18,911$13,731$11,663
27 years$43,925$32,679$23,941$17,309$12,379$10,434
28 years$41,901$30,793$22,256$15,859$11,170$9,341
29 years$40,021$29,050$20,711$14,543$10,086$8,368
30 years$38,269$27,434$19,292$13,347$9,114$7,501
31 years$36,633$25,935$17,985$12,258$8,240$6,727
32 years$35,103$24,539$16,780$11,266$7,453$6,036
33 years$33,668$23,239$15,668$10,360$6,745$5,418
34 years$32,321$22,026$14,639$9,532$6,107$4,865
35 years$31,053$20,891$13,687$8,775$5,531$4,370
36 years$29,859$19,828$12,804$8,081$5,012$3,927
37 years$28,732$18,833$11,984$7,446$4,542$3,529
38 years$27,666$17,898$11,222$6,863$4,118$3,173
39 years$26,658$17,019$10,514$6,328$3,734$2,853
40 years$25,703$16,192$9,855$5,837$3,387$2,566
41 years$24,796$15,413$9,241$5,385$3,073$2,308
42 years$23,935$14,679$8,668$4,970$2,788$2,076
43 years$23,116$13,986$8,134$4,588$2,531$1,868
44 years$22,337$13,332$7,635$4,236$2,297$1,681
45 years$21,594$12,713$7,169$3,912$2,085$1,513
46 years$20,886$12,128$6,733$3,614$1,893$1,362
47 years$20,210$11,574$6,326$3,338$1,719$1,226
48 years$19,564$11,049$5,945$3,085$1,561$1,104
49 years$18,946$10,551$5,588$2,851$1,418$994
50 years$18,355$10,079$5,253$2,635$1,288$895

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 $3,442 every year, while hoping to spend $51,180 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: 81/14/5 Blend
44$18,800,000$18,800,000$18,800,000$18,800,000
45$20,721,150$19,724,750$19,433,350$22,396,785
46$22,780,253$20,636,808$20,029,913$24,404,840
47$25,047,668$21,591,841$20,644,744$26,600,965
48$27,544,590$22,591,902$21,278,403$29,009,542
49$30,294,374$23,639,140$21,931,465$31,651,764
50$33,322,752$24,735,810$22,604,521$34,550,964
51$36,658,083$25,884,275$23,298,183$37,732,833
52$40,331,615$27,087,012$24,013,080$41,225,660
53$44,377,782$28,346,617$24,749,860$45,060,596
54$48,834,525$29,665,812$25,509,190$49,271,944
55$53,743,659$31,047,448$26,291,760$53,897,482
56$59,151,256$32,494,517$27,098,278$58,978,811
57$65,108,089$34,010,154$27,929,475$64,561,751
58$71,670,106$35,597,643$28,786,105$70,696,764
59$78,898,961$37,260,432$29,668,943$77,439,429
60$86,862,591$39,002,129$30,578,789$84,850,960
61$95,635,864$40,826,522$31,516,466$92,998,785
62$105,301,279$42,737,578$32,482,825$101,957,171
63$115,949,749$44,739,459$33,478,739$111,807,926
64$127,681,457$46,836,526$34,505,110$122,641,160
65$140,606,801$49,033,351$35,562,867$134,556,140
66$154,847,438$51,334,729$36,652,966$147,662,210
67$170,537,430$53,745,684$37,776,395$162,079,828
68$187,824,512$56,271,487$38,934,168$177,941,690
69$206,871,482$58,917,660$40,127,332$195,393,980
70$227,857,743$61,689,994$41,356,967$214,597,741
71$250,980,991$64,594,563$42,624,184$235,730,393
72$276,459,086$67,637,730$43,930,129$258,987,394
73$304,532,105$70,826,171$45,275,980$284,584,083
74$335,464,609$74,166,883$46,662,954$312,757,705
75$369,548,140$77,667,201$48,092,305$343,769,638
76$407,103,976$81,334,819$49,565,322$377,907,856
77$448,486,156$85,177,801$51,083,335$415,489,639
78$494,084,833$89,204,602$52,647,716$456,864,554
79$544,329,948$93,424,089$54,259,876$502,417,752
80$599,695,290$97,845,557$55,921,270$552,573,589
81$660,702,974$102,478,753$57,633,396$607,799,622
82$727,928,363$107,333,897$59,397,800$668,611,013
83$802,005,502$112,421,704$61,216,073$735,575,381
84$883,633,105$117,753,410$63,089,853$809,318,147
85$973,581,150$123,340,795$65,020,832$890,528,425
86$1,072,698,146$129,196,213$67,010,748$979,965,518
87$1,181,919,144$135,332,614$69,061,395$1,078,466,065
88$1,302,274,566$141,763,582$71,174,622$1,186,951,933
89$1,434,899,931$148,503,357$73,352,331$1,306,438,898
90$1,581,046,575$155,566,872$75,596,484$1,438,046,222
91$1,742,093,461$162,969,785$77,909,102$1,583,007,202
92$1,919,560,204$170,728,514$80,292,268$1,742,680,795
93$2,115,121,412$178,860,278$82,748,125$1,918,564,428
94$2,330,622,493$187,383,129$85,278,885$2,112,308,118
95$2,568,097,084$196,315,999$87,886,824$2,325,730,027
96$2,829,786,242$205,678,739$90,574,288$2,560,833,605
97$3,118,159,608$215,492,165$93,343,695$2,819,826,485
98$3,435,938,714$225,778,108$96,197,536$3,105,141,297
99$3,786,122,684$236,559,456$99,138,374$3,419,458,613
100$4,172,016,543$247,860,215$102,168,855$3,765,732,228