Can I retire at age 45 with 18,900,000?

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 $18,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$1,560,744$1,546,842$1,533,278$1,520,040$1,507,113$1,466,515
2 years$772,646$758,256$744,310$730,788$717,673$677,062
3 years$509,981$495,529$481,618$468,223$455,321$415,967
4 years$378,674$364,266$350,494$337,328$324,739$286,944
5 years$299,910$285,589$271,998$259,101$246,861$210,731
6 years$247,418$233,205$219,815$207,205$195,333$160,901
7 years$209,939$195,845$182,667$170,354$158,858$126,126
8 years$181,842$167,875$154,916$142,906$131,788$100,739
9 years$160,000$146,166$133,429$121,724$110,985$81,590
10 years$142,537$128,838$116,327$104,928$94,564$66,788
11 years$128,259$114,697$102,412$91,318$81,329$55,126
12 years$116,368$102,946$90,888$80,099$70,478$45,802
13 years$106,315$93,033$81,203$70,715$61,458$38,256
14 years$97,706$84,564$72,961$62,773$53,874$32,092
15 years$90,251$77,251$65,874$55,982$47,435$27,016
16 years$83,734$70,876$59,724$50,126$41,923$22,809
17 years$77,990$65,274$54,347$45,038$37,172$19,305
18 years$72,890$60,317$49,612$40,588$33,051$16,371
19 years$68,332$55,901$45,417$36,675$29,459$13,908
20 years$64,235$51,946$41,681$33,216$26,314$11,831
21 years$60,533$48,385$38,339$30,146$23,548$10,077
22 years$57,172$45,166$35,335$27,409$21,107$8,592
23 years$54,108$42,243$32,626$24,962$18,947$7,332
24 years$51,303$39,579$30,173$22,767$17,030$6,261
25 years$48,727$37,143$27,947$20,792$15,324$5,350
26 years$46,353$34,908$25,919$19,011$13,804$4,574
27 years$44,158$32,853$24,068$17,402$12,445$3,913
28 years$42,124$30,957$22,374$15,944$11,230$3,348
29 years$40,233$29,204$20,821$14,621$10,140$2,866
30 years$38,472$27,580$19,394$13,418$9,162$2,454
31 years$36,828$26,073$18,081$12,323$8,283$2,101
32 years$35,289$24,670$16,870$11,326$7,493$1,800
33 years$33,847$23,363$15,751$10,415$6,781$1,542
34 years$32,493$22,143$14,717$9,582$6,140$1,321
35 years$31,218$21,002$13,759$8,821$5,561$1,132
36 years$30,018$19,934$12,872$8,124$5,038$970
37 years$28,884$18,933$12,048$7,485$4,566$832
38 years$27,813$17,993$11,282$6,899$4,140$713
39 years$26,800$17,109$10,570$6,362$3,754$611
40 years$25,839$16,278$9,907$5,868$3,405$524
41 years$24,928$15,495$9,290$5,414$3,089$449
42 years$24,062$14,757$8,714$4,996$2,803$385
43 years$23,239$14,061$8,177$4,612$2,544$330
44 years$22,456$13,403$7,676$4,258$2,309$283
45 years$21,709$12,781$7,207$3,933$2,096$243
46 years$20,997$12,192$6,769$3,633$1,903$208
47 years$20,318$11,635$6,360$3,356$1,728$179
48 years$19,668$11,107$5,976$3,101$1,570$153
49 years$19,047$10,607$5,617$2,866$1,426$131
50 years$18,453$10,132$5,281$2,649$1,295$113

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $18,900,000, adding $3,421 every year, while hoping to spend $32,545 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$18,900,000$18,900,000$18,900,000$18,900,000
45$20,831,329$19,829,629$19,536,679$21,817,429
46$22,921,497$20,766,653$20,156,530$23,429,170
47$25,223,771$21,748,501$20,796,055$25,175,882
48$27,759,752$22,777,334$21,455,880$27,073,182
49$30,553,243$23,855,419$22,136,647$29,135,203
50$33,630,472$24,985,133$22,839,024$31,377,464
51$37,020,344$26,168,969$23,563,695$33,817,007
52$40,754,710$27,409,538$24,311,369$36,472,552
53$44,868,666$28,709,582$25,082,776$39,364,662
54$49,400,891$30,071,973$25,878,670$42,515,933
55$54,394,005$31,499,722$26,699,829$45,951,193
56$59,894,975$32,995,990$27,547,054$49,697,729
57$65,955,556$34,564,087$28,421,175$53,785,533
58$72,632,783$36,207,487$29,323,043$58,247,577
59$79,989,504$37,929,831$30,253,542$63,120,109
60$88,094,977$39,734,937$31,213,581$68,442,989
61$97,025,526$41,626,810$32,204,096$74,260,045
62$106,865,253$43,609,647$33,226,057$80,619,482
63$117,706,841$45,687,852$34,280,462$87,574,317
64$129,652,423$47,866,041$35,368,342$95,182,869
65$142,814,548$50,149,055$36,490,760$103,509,296
66$157,317,244$52,541,970$37,648,812$112,624,178
67$173,297,186$55,050,110$38,843,630$122,605,177
68$190,904,991$57,679,057$40,076,383$133,537,743
69$210,306,633$60,434,664$41,348,275$145,515,910
70$231,685,017$63,323,070$42,660,550$158,643,163
71$255,241,700$66,350,711$44,014,489$173,033,393
72$281,198,796$69,524,339$45,411,417$188,811,954
73$309,801,072$72,851,031$46,852,699$206,116,826
74$341,318,261$76,338,211$48,339,744$225,099,890
75$376,047,604$79,993,664$49,874,006$245,928,344
76$414,316,659$83,825,552$51,456,984$268,786,253
77$456,486,391$87,842,438$53,090,226$293,876,261
78$502,954,584$92,053,297$54,775,329$321,421,478
79$554,159,589$96,467,547$56,513,941$351,667,558
80$610,584,469$101,095,059$58,307,760$384,884,987
81$672,761,556$105,946,188$60,158,541$421,371,605
82$741,277,476$111,031,793$62,068,094$461,455,388
83$816,778,689$116,363,261$64,038,285$505,497,506
84$899,977,589$121,952,534$66,071,041$553,895,698
85$991,659,233$127,812,138$68,168,350$607,087,992
86$1,092,688,747$133,955,205$70,332,263$665,556,797
87$1,204,019,501$140,395,512$72,564,896$729,833,417
88$1,326,702,102$147,147,503$74,868,431$800,503,023
89$1,461,894,315$154,226,330$77,245,122$878,210,136
90$1,610,871,994$161,647,880$79,697,293$963,664,658
91$1,775,041,128$169,428,816$82,227,343$1,057,648,527
92$1,955,951,109$177,586,614$84,837,745$1,161,023,050
93$2,155,309,365$186,139,601$87,531,052$1,274,736,972
94$2,374,997,478$195,106,999$90,309,900$1,399,835,382
95$2,617,088,944$204,508,966$93,177,006$1,537,469,518
96$2,883,868,755$214,366,643$96,135,174$1,688,907,571
97$3,177,854,964$224,702,204$99,187,297$1,855,546,591
98$3,501,822,461$235,538,903$102,336,363$2,038,925,609
99$3,858,829,171$246,901,128$105,585,450$2,240,740,093
100$4,252,244,921$258,814,458$108,937,737$2,462,857,881