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%12.1%
1 years$1,552,486$1,538,658$1,525,166$1,511,997$1,499,138$1,485,957
2 years$768,558$754,244$740,372$726,922$713,875$700,593
3 years$507,282$492,907$479,070$465,746$452,912$439,939
4 years$376,670$362,339$348,640$335,544$323,021$310,458
5 years$298,323$284,078$270,559$257,730$245,555$233,440
6 years$246,109$231,971$218,652$206,108$194,299$182,646
7 years$208,828$194,809$181,701$169,453$158,017$146,832
8 years$180,880$166,987$154,097$142,150$131,091$120,372
9 years$159,154$145,392$132,723$121,080$110,397$100,143
10 years$141,783$128,156$115,711$104,372$94,064$84,268
11 years$127,580$114,090$101,870$90,835$80,898$71,552
12 years$115,753$102,401$90,407$79,675$70,105$61,200
13 years$105,753$92,541$80,773$70,341$61,133$52,659
14 years$97,189$84,117$72,575$62,441$53,589$45,536
15 years$89,773$76,842$65,525$55,686$47,184$39,540
16 years$83,291$70,501$59,408$49,861$41,701$34,454
17 years$77,577$64,929$54,059$44,800$36,975$30,112
18 years$72,504$59,997$49,349$40,373$32,876$26,385
19 years$67,971$55,605$45,177$36,481$29,303$23,170
20 years$63,895$51,671$41,461$33,040$26,174$20,386
21 years$60,213$48,129$38,136$29,986$23,423$17,965
22 years$56,870$44,927$35,148$27,264$20,996$15,855
23 years$53,822$42,019$32,453$24,830$18,847$14,010
24 years$51,032$39,369$30,014$22,647$16,940$12,394
25 years$48,469$36,946$27,799$20,682$15,243$10,974
26 years$46,108$34,723$25,782$18,911$13,731$9,726
27 years$43,925$32,679$23,941$17,309$12,379$8,626
28 years$41,901$30,793$22,256$15,859$11,170$7,655
29 years$40,021$29,050$20,711$14,543$10,086$6,797
30 years$38,269$27,434$19,292$13,347$9,114$6,039
31 years$36,633$25,935$17,985$12,258$8,240$5,368
32 years$35,103$24,539$16,780$11,266$7,453$4,773
33 years$33,668$23,239$15,668$10,360$6,745$4,246
34 years$32,321$22,026$14,639$9,532$6,107$3,778
35 years$31,053$20,891$13,687$8,775$5,531$3,362
36 years$29,859$19,828$12,804$8,081$5,012$2,993
37 years$28,732$18,833$11,984$7,446$4,542$2,665
38 years$27,666$17,898$11,222$6,863$4,118$2,374
39 years$26,658$17,019$10,514$6,328$3,734$2,115
40 years$25,703$16,192$9,855$5,837$3,387$1,884
41 years$24,796$15,413$9,241$5,385$3,073$1,679
42 years$23,935$14,679$8,668$4,970$2,788$1,496
43 years$23,116$13,986$8,134$4,588$2,531$1,333
44 years$22,337$13,332$7,635$4,236$2,297$1,189
45 years$21,594$12,713$7,169$3,912$2,085$1,059
46 years$20,886$12,128$6,733$3,614$1,893$945
47 years$20,210$11,574$6,326$3,338$1,719$842
48 years$19,564$11,049$5,945$3,085$1,561$751
49 years$18,946$10,551$5,588$2,851$1,418$669
50 years$18,355$10,079$5,253$2,635$1,288$597

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 $2,291 every year, while hoping to spend $31,708 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: 69/26/5 Blend
44$18,800,000$18,800,000$18,800,000$18,800,000
45$20,719,963$19,723,563$19,432,163$22,138,407
46$22,799,662$20,656,281$20,049,404$24,009,115
47$25,090,428$21,633,639$20,686,259$26,050,532
48$27,613,756$22,657,791$21,343,352$28,282,595
49$30,393,332$23,730,996$22,021,328$30,723,966
50$33,455,259$24,855,622$22,720,850$33,395,171
51$36,828,299$26,034,151$23,442,602$36,318,794
52$40,544,149$27,269,187$24,187,292$39,519,682
53$44,637,735$28,563,460$24,955,649$43,025,177
54$49,147,546$29,919,832$25,748,426$46,865,362
55$54,115,996$31,341,305$26,566,398$51,073,349
56$59,589,824$32,831,024$27,410,368$55,685,575
57$65,620,532$34,392,291$28,281,162$60,742,146
58$72,264,878$36,028,565$29,179,633$66,287,207
59$79,585,405$37,743,474$30,106,660$72,369,349
60$87,651,036$39,540,824$31,063,153$79,042,064
61$96,537,720$41,424,603$32,050,047$86,364,239
62$106,329,154$43,398,995$33,068,310$94,400,708
63$117,117,569$45,468,387$34,118,940$103,222,848
64$129,004,602$47,637,378$35,202,965$112,909,250
65$142,102,254$49,910,793$36,321,447$123,546,450
66$156,533,952$52,293,690$37,475,483$135,229,732
67$172,435,707$54,791,372$38,666,204$148,064,024
68$189,957,402$57,409,402$39,894,775$162,164,872
69$209,264,208$60,153,614$41,162,400$177,659,520
70$230,538,139$63,030,123$42,470,323$194,688,101
71$253,979,774$66,045,344$43,819,823$213,404,948
72$279,810,148$69,206,003$45,212,225$233,980,034
73$308,272,840$72,519,154$46,648,891$256,600,567
74$339,636,272$75,992,194$48,131,231$281,472,738
75$374,196,241$79,632,881$49,660,697$308,823,658
76$412,278,714$83,449,350$51,238,787$338,903,482
77$454,242,906$87,450,130$52,867,049$371,987,756
78$500,484,665$91,644,169$54,547,078$408,379,998
79$551,440,217$96,040,850$56,280,521$448,414,550
80$607,590,277$100,650,010$58,069,077$492,459,710
81$669,464,594$105,481,968$59,914,499$540,921,192
82$737,646,944$110,547,546$61,818,596$594,245,934
83$812,780,648$115,858,092$63,783,235$652,926,296
84$895,574,641$121,425,506$65,810,341$717,504,684
85$986,810,169$127,262,270$67,901,902$788,578,648
86$1,087,348,159$133,381,474$70,059,968$866,806,496
87$1,198,137,349$139,796,844$72,286,655$952,913,484
88$1,320,223,246$146,522,777$74,584,145$1,047,698,634
89$1,454,757,995$153,574,371$76,954,692$1,152,042,247
90$1,603,011,256$160,967,460$79,400,620$1,266,914,188
91$1,766,382,190$168,718,652$81,924,326$1,393,383,004
92$1,946,412,668$176,845,361$84,528,286$1,532,625,981
93$2,144,801,829$185,365,852$87,215,052$1,685,940,225
94$2,363,422,119$194,299,283$89,987,260$1,854,754,866
95$2,604,336,970$203,665,742$92,847,628$2,040,644,517
96$2,869,820,278$213,486,301$95,798,961$2,245,344,096
97$3,162,377,873$223,783,056$98,844,153$2,470,765,162
98$3,484,771,174$234,579,184$101,986,190$2,719,013,919
99$3,840,043,261$245,898,991$105,228,155$2,992,411,054
100$4,231,547,602$257,767,970$108,573,226$3,293,513,592