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%11.2%
1 years$1,552,486$1,538,658$1,525,166$1,511,997$1,499,138$1,491,567
2 years$768,558$754,244$740,372$726,922$713,875$706,234
3 years$507,282$492,907$479,070$465,746$452,912$445,437
4 years$376,670$362,339$348,640$335,544$323,021$315,770
5 years$298,323$284,078$270,559$257,730$245,555$238,551
6 years$246,109$231,971$218,652$206,108$194,299$187,550
7 years$208,828$194,809$181,701$169,453$158,017$151,526
8 years$180,880$166,987$154,097$142,150$131,091$124,858
9 years$159,154$145,392$132,723$121,080$110,397$104,422
10 years$141,783$128,156$115,711$104,372$94,064$88,342
11 years$127,580$114,090$101,870$90,835$80,898$75,427
12 years$115,753$102,401$90,407$79,675$70,105$64,880
13 years$105,753$92,541$80,773$70,341$61,133$56,149
14 years$97,189$84,117$72,575$62,441$53,589$48,840
15 years$89,773$76,842$65,525$55,686$47,184$42,665
16 years$83,291$70,501$59,408$49,861$41,701$37,405
17 years$77,577$64,929$54,059$44,800$36,975$32,896
18 years$72,504$59,997$49,349$40,373$32,876$29,007
19 years$67,971$55,605$45,177$36,481$29,303$25,637
20 years$63,895$51,671$41,461$33,040$26,174$22,704
21 years$60,213$48,129$38,136$29,986$23,423$20,142
22 years$56,870$44,927$35,148$27,264$20,996$17,896
23 years$53,822$42,019$32,453$24,830$18,847$15,922
24 years$51,032$39,369$30,014$22,647$16,940$14,182
25 years$48,469$36,946$27,799$20,682$15,243$12,645
26 years$46,108$34,723$25,782$18,911$13,731$11,286
27 years$43,925$32,679$23,941$17,309$12,379$10,080
28 years$41,901$30,793$22,256$15,859$11,170$9,010
29 years$40,021$29,050$20,711$14,543$10,086$8,059
30 years$38,269$27,434$19,292$13,347$9,114$7,212
31 years$36,633$25,935$17,985$12,258$8,240$6,458
32 years$35,103$24,539$16,780$11,266$7,453$5,785
33 years$33,668$23,239$15,668$10,360$6,745$5,184
34 years$32,321$22,026$14,639$9,532$6,107$4,647
35 years$31,053$20,891$13,687$8,775$5,531$4,168
36 years$29,859$19,828$12,804$8,081$5,012$3,739
37 years$28,732$18,833$11,984$7,446$4,542$3,354
38 years$27,666$17,898$11,222$6,863$4,118$3,010
39 years$26,658$17,019$10,514$6,328$3,734$2,702
40 years$25,703$16,192$9,855$5,837$3,387$2,426
41 years$24,796$15,413$9,241$5,385$3,073$2,179
42 years$23,935$14,679$8,668$4,970$2,788$1,957
43 years$23,116$13,986$8,134$4,588$2,531$1,758
44 years$22,337$13,332$7,635$4,236$2,297$1,579
45 years$21,594$12,713$7,169$3,912$2,085$1,418
46 years$20,886$12,128$6,733$3,614$1,893$1,275
47 years$20,210$11,574$6,326$3,338$1,719$1,145
48 years$19,564$11,049$5,945$3,085$1,561$1,029
49 years$18,946$10,551$5,588$2,851$1,418$925
50 years$18,355$10,079$5,253$2,635$1,288$831

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 $5,668 every year, while hoping to spend $34,431 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: 35/44/21 Blend
44$18,800,000$18,800,000$18,800,000$18,800,000
45$20,723,447$19,727,047$19,435,647$21,316,089
46$22,800,604$20,657,038$20,050,106$22,682,585
47$25,088,477$21,631,444$20,683,997$24,152,416
48$27,608,523$22,652,406$21,337,932$25,737,636
49$30,384,386$23,722,168$22,012,546$27,448,539
50$33,442,120$24,843,081$22,708,494$29,296,403
51$36,810,437$26,017,612$23,426,449$31,293,585
52$40,520,975$27,248,349$24,167,108$33,453,633
53$44,608,598$28,538,001$24,931,189$35,791,403
54$49,111,724$29,889,412$25,719,433$38,323,185
55$54,072,690$31,305,564$26,532,605$41,066,850
56$59,538,149$32,789,581$27,371,492$44,042,007
57$65,559,512$34,344,742$28,236,908$47,270,173
58$72,193,430$35,974,482$29,129,692$50,774,968
59$79,502,334$37,682,406$30,050,711$54,582,322
60$87,555,018$39,472,290$31,000,856$58,720,708
61$96,427,296$41,348,098$31,981,050$63,221,394
62$106,202,708$43,313,983$32,992,243$68,118,726
63$116,973,316$45,374,300$34,035,416$73,450,437
64$128,840,572$47,533,618$35,111,580$79,257,983
65$141,916,271$49,796,726$36,221,778$85,586,922
66$156,323,611$52,168,646$37,367,088$92,487,322
67$172,198,353$54,654,644$38,548,620$100,014,220
68$189,690,107$57,260,243$39,767,520$108,228,115
69$208,963,735$59,991,233$41,024,970$117,195,527
70$230,200,920$62,853,686$42,322,189$126,989,597
71$253,601,867$65,853,971$43,660,437$137,690,756
72$279,387,206$68,998,763$45,041,010$149,387,466
73$307,800,064$72,295,066$46,465,247$162,177,022
74$339,108,369$75,750,222$47,934,530$176,166,454
75$373,607,370$79,371,930$49,450,284$191,473,503
76$411,622,432$83,168,266$51,013,980$208,227,708
77$453,512,105$87,147,696$52,627,133$226,571,600
78$499,671,506$91,319,099$54,291,309$246,662,012
79$550,536,053$95,691,789$56,008,121$268,671,535
80$606,585,573$100,275,528$57,779,235$292,790,106
81$668,348,831$105,080,559$59,606,369$319,226,769
82$736,408,525$110,117,619$61,491,295$348,211,613
83$811,406,782$115,397,971$63,435,842$379,997,902
84$894,051,227$120,933,424$65,441,895$414,864,425
85$985,121,655$126,736,365$67,511,402$453,118,091
86$1,085,477,399$132,819,782$69,646,368$495,096,775
87$1,196,065,438$139,197,296$71,848,867$541,172,463
88$1,317,929,342$145,883,192$74,121,033$591,754,717
89$1,452,219,119$152,892,453$76,465,071$647,294,489
90$1,600,202,074$160,240,788$78,883,256$708,288,325
91$1,763,274,774$167,944,674$81,377,933$775,282,994
92$1,942,976,229$176,021,392$83,951,523$848,880,594
93$2,141,002,427$184,489,063$86,606,521$929,744,173
94$2,359,222,340$193,366,692$89,345,505$1,018,603,926
95$2,599,695,571$202,674,212$92,171,131$1,116,264,019
96$2,864,691,796$212,432,526$95,086,142$1,223,610,108
97$3,156,712,196$222,663,556$98,093,364$1,341,617,633
98$3,478,513,064$233,390,294$101,195,716$1,471,360,941
99$3,833,131,832$244,636,854$104,396,207$1,614,023,353
100$4,223,915,743$256,428,524$107,697,944$1,770,908,247