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%11.6%
1 years$1,560,744$1,546,842$1,533,278$1,520,040$1,507,113$1,496,987
2 years$772,646$758,256$744,310$730,788$717,673$707,461
3 years$509,981$495,529$481,618$468,223$455,321$445,339
4 years$378,674$364,266$350,494$337,328$324,739$315,063
5 years$299,910$285,589$271,998$259,101$246,861$237,521
6 years$247,418$233,205$219,815$207,205$195,333$186,340
7 years$209,939$195,845$182,667$170,354$158,858$150,216
8 years$181,842$167,875$154,916$142,906$131,788$123,498
9 years$160,000$146,166$133,429$121,724$110,985$103,044
10 years$142,537$128,838$116,327$104,928$94,564$86,969
11 years$128,259$114,697$102,412$91,318$81,329$74,073
12 years$116,368$102,946$90,888$80,099$70,478$63,556
13 years$106,315$93,033$81,203$70,715$61,458$54,863
14 years$97,706$84,564$72,961$62,773$53,874$47,597
15 years$90,251$77,251$65,874$55,982$47,435$41,468
16 years$83,734$70,876$59,724$50,126$41,923$36,258
17 years$77,990$65,274$54,347$45,038$37,172$31,799
18 years$72,890$60,317$49,612$40,588$33,051$27,962
19 years$68,332$55,901$45,417$36,675$29,459$24,643
20 years$64,235$51,946$41,681$33,216$26,314$21,760
21 years$60,533$48,385$38,339$30,146$23,548$19,248
22 years$57,172$45,166$35,335$27,409$21,107$17,051
23 years$54,108$42,243$32,626$24,962$18,947$15,124
24 years$51,303$39,579$30,173$22,767$17,030$13,430
25 years$48,727$37,143$27,947$20,792$15,324$11,938
26 years$46,353$34,908$25,919$19,011$13,804$10,622
27 years$44,158$32,853$24,068$17,402$12,445$9,457
28 years$42,124$30,957$22,374$15,944$11,230$8,427
29 years$40,233$29,204$20,821$14,621$10,140$7,513
30 years$38,472$27,580$19,394$13,418$9,162$6,702
31 years$36,828$26,073$18,081$12,323$8,283$5,981
32 years$35,289$24,670$16,870$11,326$7,493$5,340
33 years$33,847$23,363$15,751$10,415$6,781$4,770
34 years$32,493$22,143$14,717$9,582$6,140$4,262
35 years$31,218$21,002$13,759$8,821$5,561$3,809
36 years$30,018$19,934$12,872$8,124$5,038$3,406
37 years$28,884$18,933$12,048$7,485$4,566$3,045
38 years$27,813$17,993$11,282$6,899$4,140$2,724
39 years$26,800$17,109$10,570$6,362$3,754$2,437
40 years$25,839$16,278$9,907$5,868$3,405$2,180
41 years$24,928$15,495$9,290$5,414$3,089$1,951
42 years$24,062$14,757$8,714$4,996$2,803$1,746
43 years$23,239$14,061$8,177$4,612$2,544$1,563
44 years$22,456$13,403$7,676$4,258$2,309$1,399
45 years$21,709$12,781$7,207$3,933$2,096$1,253
46 years$20,997$12,192$6,769$3,633$1,903$1,122
47 years$20,318$11,635$6,360$3,356$1,728$1,005
48 years$19,668$11,107$5,976$3,101$1,570$900
49 years$19,047$10,607$5,617$2,866$1,426$806
50 years$18,453$10,132$5,281$2,649$1,295$722

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 $6,140 every year, while hoping to spend $33,857 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: 77/18/5 Blend
44$18,900,000$18,900,000$18,900,000$18,900,000
45$20,834,133$19,832,433$19,539,483$22,432,495
46$22,923,191$20,768,199$20,158,033$24,417,570
47$25,224,199$21,748,682$20,796,168$26,588,278
48$27,758,738$22,776,039$21,454,511$28,967,046
49$30,550,593$23,852,529$22,133,701$31,574,514
50$33,625,972$24,980,521$22,834,398$34,433,403
51$37,013,755$26,162,501$23,557,285$37,568,723
52$40,745,767$27,401,072$24,303,062$41,008,007
53$44,857,077$28,698,966$25,072,457$44,781,567
54$49,386,331$30,059,048$25,866,216$48,922,774
55$54,376,114$31,484,319$26,685,112$53,468,370
56$59,873,356$32,977,928$27,529,941$58,458,813
57$65,929,768$34,543,177$28,401,524$63,938,648
58$72,602,339$36,183,527$29,300,710$69,956,930
59$79,953,865$37,902,607$30,228,371$76,567,674
60$88,053,549$39,704,224$31,185,411$83,830,367
61$96,977,649$41,592,369$32,172,760$91,810,520
62$106,810,200$43,571,226$33,191,379$100,580,279
63$117,643,807$45,645,184$34,242,257$110,219,103
64$129,580,520$47,818,842$35,326,417$120,814,506
65$142,732,795$50,097,027$36,444,914$132,462,879
66$157,224,556$52,484,797$37,598,834$145,270,388
67$173,192,367$54,987,458$38,789,301$159,353,971
68$190,786,717$57,610,573$40,017,472$174,842,438
69$210,173,447$60,359,976$41,284,542$191,877,671
70$231,535,307$63,241,783$42,591,743$210,615,963
71$255,073,689$66,262,410$43,940,346$231,229,478
72$281,010,521$69,428,585$45,331,664$253,907,870
73$309,590,369$72,747,360$46,767,049$278,860,065
74$341,082,739$76,226,133$48,247,898$306,316,219
75$375,784,627$79,872,663$49,775,652$336,529,885
76$414,023,319$83,695,083$51,351,795$369,780,389
77$456,159,479$87,701,924$52,977,863$406,375,462
78$502,590,560$91,902,132$54,655,435$446,654,127
79$553,754,551$96,305,090$56,386,145$490,989,893
80$610,134,110$100,920,634$58,171,676$539,794,260
81$672,261,127$105,759,083$60,013,766$593,520,595
82$740,721,740$110,831,256$61,914,205$652,668,395
83$816,161,870$116,148,500$63,874,843$717,787,990
84$899,293,318$121,722,714$65,897,588$789,485,716
85$990,900,487$127,566,377$67,984,407$868,429,628
86$1,091,847,783$133,692,576$70,137,331$955,355,786
87$1,203,087,780$140,115,036$72,358,455$1,051,075,188
88$1,325,670,209$146,848,148$74,649,939$1,156,481,401
89$1,460,751,872$153,907,009$77,014,013$1,272,558,985
90$1,609,607,558$161,307,448$79,452,978$1,400,392,757
91$1,773,642,083$169,066,067$81,969,207$1,541,178,016
92$1,954,403,547$177,200,276$84,565,147$1,696,231,804
93$2,153,597,956$185,728,336$87,243,326$1,867,005,311
94$2,373,105,319$194,669,396$90,006,349$2,055,097,553
95$2,614,997,405$204,043,540$92,856,905$2,262,270,440
96$2,881,557,297$213,871,830$95,797,768$2,490,465,379
97$3,175,300,947$224,176,356$98,831,800$2,741,821,577
98$3,499,000,932$234,980,286$101,961,953$3,018,696,202
99$3,855,712,623$246,307,915$105,191,274$3,323,686,605
100$4,248,803,034$258,184,727$108,522,906$3,659,654,807