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%19.2%
1 years$1,560,744$1,546,842$1,533,278$1,520,040$1,507,113$1,451,331
2 years$772,646$758,256$744,310$730,788$717,673$662,104
3 years$509,981$495,529$481,618$468,223$455,321$401,712
4 years$378,674$364,266$350,494$337,328$324,739$273,499
5 years$299,910$285,589$271,998$259,101$246,861$198,123
6 years$247,418$233,205$219,815$207,205$195,333$149,132
7 years$209,939$195,845$182,667$170,354$158,858$115,182
8 years$181,842$167,875$154,916$142,906$131,788$90,597
9 years$160,000$146,166$133,429$121,724$110,985$72,222
10 years$142,537$128,838$116,327$104,928$94,564$58,161
11 years$128,259$114,697$102,412$91,318$81,329$47,206
12 years$116,368$102,946$90,888$80,099$70,478$38,550
13 years$106,315$93,033$81,203$70,715$61,458$31,636
14 years$97,706$84,564$72,961$62,773$53,874$26,063
15 years$90,251$77,251$65,874$55,982$47,435$21,541
16 years$83,734$70,876$59,724$50,126$41,923$17,849
17 years$77,990$65,274$54,347$45,038$37,172$14,821
18 years$72,890$60,317$49,612$40,588$33,051$12,328
19 years$68,332$55,901$45,417$36,675$29,459$10,269
20 years$64,235$51,946$41,681$33,216$26,314$8,564
21 years$60,533$48,385$38,339$30,146$23,548$7,149
22 years$57,172$45,166$35,335$27,409$21,107$5,973
23 years$54,108$42,243$32,626$24,962$18,947$4,994
24 years$51,303$39,579$30,173$22,767$17,030$4,177
25 years$48,727$37,143$27,947$20,792$15,324$3,496
26 years$46,353$34,908$25,919$19,011$13,804$2,927
27 years$44,158$32,853$24,068$17,402$12,445$2,451
28 years$42,124$30,957$22,374$15,944$11,230$2,054
29 years$40,233$29,204$20,821$14,621$10,140$1,721
30 years$38,472$27,580$19,394$13,418$9,162$1,442
31 years$36,828$26,073$18,081$12,323$8,283$1,209
32 years$35,289$24,670$16,870$11,326$7,493$1,013
33 years$33,847$23,363$15,751$10,415$6,781$850
34 years$32,493$22,143$14,717$9,582$6,140$712
35 years$31,218$21,002$13,759$8,821$5,561$597
36 years$30,018$19,934$12,872$8,124$5,038$501
37 years$28,884$18,933$12,048$7,485$4,566$420
38 years$27,813$17,993$11,282$6,899$4,140$352
39 years$26,800$17,109$10,570$6,362$3,754$296
40 years$25,839$16,278$9,907$5,868$3,405$248
41 years$24,928$15,495$9,290$5,414$3,089$208
42 years$24,062$14,757$8,714$4,996$2,803$174
43 years$23,239$14,061$8,177$4,612$2,544$146
44 years$22,456$13,403$7,676$4,258$2,309$123
45 years$21,709$12,781$7,207$3,933$2,096$103
46 years$20,997$12,192$6,769$3,633$1,903$86
47 years$20,318$11,635$6,360$3,356$1,728$72
48 years$19,668$11,107$5,976$3,101$1,570$61
49 years$19,047$10,607$5,617$2,866$1,426$51
50 years$18,453$10,132$5,281$2,649$1,295$43

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 $3,586 every year, while hoping to spend $54,440 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: 78/10/12 Blend
44$18,900,000$18,900,000$18,900,000$18,900,000
45$20,831,499$19,829,799$19,536,849$22,408,702
46$22,898,388$20,743,535$20,133,410$24,360,606
47$25,174,275$21,700,220$20,748,131$26,493,623
48$27,680,421$22,701,901$21,381,563$28,831,607
49$30,440,252$23,750,722$22,034,273$31,394,989
50$33,479,584$24,848,933$22,706,847$34,206,269
51$36,826,861$25,998,891$23,399,886$37,290,219
52$40,513,431$27,203,066$24,114,012$40,674,119
53$44,573,832$28,464,048$24,849,863$44,388,010
54$49,046,128$29,784,551$25,608,098$48,464,974
55$53,972,259$31,167,420$26,389,396$52,941,446
56$59,398,444$32,615,638$27,194,455$57,857,552
57$65,375,611$34,132,331$28,023,995$63,257,487
58$71,959,883$35,720,775$28,878,759$69,189,926
59$79,213,104$37,384,405$29,759,510$75,708,484
60$87,203,422$39,126,823$30,667,035$82,872,215
61$96,005,937$40,951,802$31,602,146$90,746,166
62$105,703,402$42,863,300$32,565,678$99,401,990
63$116,387,012$44,865,465$33,558,491$108,918,614
64$128,157,259$46,962,644$34,581,472$119,382,985
65$141,124,882$49,159,396$35,635,534$130,890,882
66$155,411,913$51,460,501$36,721,618$143,547,816
67$171,152,829$53,870,966$37,840,693$157,470,023
68$188,495,819$56,396,045$38,993,758$172,785,557
69$207,604,184$59,041,242$40,181,840$189,635,490
70$228,657,879$61,812,331$41,405,999$208,175,241
71$251,855,210$64,715,362$42,667,327$228,576,036
72$277,414,706$67,756,680$43,966,948$251,026,521
73$305,577,185$70,942,936$45,306,019$275,734,532
74$336,608,021$74,281,103$46,685,734$302,929,056
75$370,799,654$77,778,492$48,107,321$332,862,383
76$408,474,349$81,442,768$49,572,046$365,812,478
77$449,987,235$85,281,967$51,081,213$402,085,603
78$495,729,665$89,304,515$52,636,165$442,019,198
79$546,132,899$93,519,245$54,238,285$485,985,058
80$601,672,186$97,935,419$55,888,999$534,392,835
81$662,871,243$102,562,748$57,589,775$587,693,897
82$730,307,202$107,411,414$59,342,123$646,385,579
83$804,616,055$112,492,093$61,147,603$711,015,868
84$886,498,663$117,815,976$63,007,819$782,188,571
85$976,727,368$123,394,800$64,924,422$860,568,997
86$1,076,153,285$129,240,870$66,899,116$946,890,234
87$1,185,714,337$135,367,090$68,933,653$1,041,960,053
88$1,306,444,109$141,786,987$71,029,839$1,146,668,528
89$1,439,481,605$148,514,746$73,189,536$1,261,996,420
90$1,586,082,002$155,565,242$75,414,659$1,389,024,426
91$1,747,628,497$162,954,070$77,707,181$1,528,943,370
92$1,925,645,368$170,697,584$80,069,136$1,683,065,428
93$2,121,812,362$178,812,931$82,502,618$1,852,836,502
94$2,337,980,550$187,318,092$85,009,783$2,039,849,853
95$2,576,189,808$196,231,921$87,592,853$2,245,861,131
96$2,838,688,071$205,574,187$90,254,115$2,472,804,929
97$3,127,952,553$215,365,622$92,995,928$2,722,813,030
98$3,446,713,140$225,627,963$95,820,718$2,998,234,515
99$3,797,978,153$236,384,006$98,730,985$3,301,657,920
100$4,185,062,756$247,657,654$101,729,304$3,635,935,654