Can I retire at age 53 with 18,100,000?

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 $18,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,392,663
2 years$739,941$726,160$712,805$699,855$687,295$636,792
3 years$488,394$474,554$461,232$448,404$436,048$387,285
4 years$362,645$348,847$335,659$323,050$310,993$264,342
5 years$287,216$273,501$260,485$248,133$236,412$191,996
6 years$236,946$223,334$210,510$198,434$187,065$144,918
7 years$201,052$187,555$174,935$163,144$152,134$112,247
8 years$174,145$160,770$148,359$136,857$126,210$88,551
9 years$153,228$139,979$127,782$116,572$106,287$70,808
10 years$136,504$123,384$111,403$100,486$90,562$57,203
11 years$122,830$109,842$98,077$87,453$77,886$46,579
12 years$111,443$98,588$87,041$76,708$67,494$38,166
13 years$101,815$89,095$77,765$67,722$58,856$31,427
14 years$93,570$80,985$69,873$60,116$51,593$25,982
15 years$86,431$73,981$63,086$53,613$45,427$21,550
16 years$80,190$67,876$57,196$48,004$40,148$17,922
17 years$74,689$62,512$52,046$43,132$35,598$14,936
18 years$69,805$57,763$47,512$38,870$31,652$12,471
19 years$65,440$53,535$43,495$35,123$28,212$10,427
20 years$61,516$49,747$39,917$31,810$25,200$8,730
21 years$57,971$46,337$36,716$28,870$22,551$7,316
22 years$54,752$43,254$33,840$26,249$20,214$6,136
23 years$51,818$40,455$31,245$23,906$18,145$5,150
24 years$49,132$37,903$28,896$21,803$16,309$4,325
25 years$46,665$35,571$26,764$19,912$14,676$3,634
26 years$44,391$33,431$24,822$18,207$13,219$3,055
27 years$42,289$31,462$23,049$16,665$11,918$2,569
28 years$40,341$29,647$21,427$15,269$10,754$2,161
29 years$38,530$27,968$19,940$14,002$9,711$1,818
30 years$36,844$26,413$18,573$12,850$8,774$1,530
31 years$35,269$24,969$17,315$11,802$7,933$1,288
32 years$33,796$23,626$16,156$10,846$7,176$1,084
33 years$32,414$22,374$15,085$9,974$6,494$913
34 years$31,117$21,205$14,094$9,177$5,880$768
35 years$29,897$20,113$13,177$8,448$5,325$647
36 years$28,747$19,090$12,327$7,780$4,825$545
37 years$27,662$18,131$11,538$7,168$4,373$459
38 years$26,636$17,231$10,805$6,607$3,965$387
39 years$25,665$16,385$10,123$6,092$3,595$326
40 years$24,746$15,589$9,488$5,619$3,261$274
41 years$23,873$14,839$8,897$5,184$2,959$231
42 years$23,044$14,133$8,345$4,785$2,685$195
43 years$22,256$13,465$7,831$4,417$2,436$164
44 years$21,505$12,835$7,351$4,078$2,212$138
45 years$20,790$12,240$6,902$3,766$2,008$116
46 years$20,109$11,676$6,483$3,479$1,823$98
47 years$19,458$11,143$6,090$3,214$1,655$83
48 years$18,836$10,637$5,723$2,970$1,503$70
49 years$18,241$10,158$5,379$2,745$1,365$59
50 years$17,672$9,703$5,058$2,537$1,240$49

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $18,100,000, adding $6,563 every year, while hoping to spend $39,836 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: 48/28/24 Blend
52$18,100,000$18,100,000$18,100,000$18,100,000
53$19,952,970$18,993,670$18,713,120$20,774,267
54$21,945,787$19,881,974$19,297,624$22,237,757
55$24,140,537$20,812,471$19,900,374$23,821,598
56$26,557,775$21,787,184$20,521,939$25,540,783
57$29,220,150$22,808,238$21,162,906$27,408,063
58$32,152,622$23,877,859$21,823,880$29,437,444
59$35,382,694$24,998,379$22,505,485$31,644,314
60$38,940,675$26,172,245$23,208,365$34,045,585
61$42,859,962$27,402,023$23,933,183$36,659,838
62$47,177,357$28,690,401$24,680,623$39,507,503
63$51,933,415$30,040,199$25,451,392$42,611,032
64$57,172,826$31,454,371$26,246,217$45,995,115
65$62,944,836$32,936,018$27,065,847$49,686,897
66$69,303,714$34,488,387$27,911,057$53,716,229
67$76,309,260$36,114,885$28,782,645$58,115,943
68$84,027,373$37,819,083$29,681,432$62,922,150
69$92,530,674$39,604,726$30,608,268$68,174,573
70$101,899,184$41,475,740$31,564,027$73,916,912
71$112,221,090$43,436,240$32,549,611$80,197,244
72$123,593,568$45,490,543$33,565,950$87,068,473
73$136,123,706$47,643,173$34,614,003$94,588,809
74$149,929,510$49,898,875$35,694,759$102,822,313
75$165,141,025$52,262,624$36,809,238$111,839,487
76$181,901,553$54,739,636$37,958,491$121,717,926
77$200,369,013$57,335,381$39,143,602$132,543,037
78$220,717,429$60,055,591$40,365,690$144,408,835
79$243,138,574$62,906,282$41,625,907$157,418,812
80$267,843,776$65,893,758$42,925,443$171,686,899
81$295,065,918$69,024,629$44,265,522$187,338,527
82$325,061,635$72,305,828$45,647,410$204,511,797
83$358,113,733$75,744,625$47,072,409$223,358,760
84$394,533,862$79,348,641$48,541,864$244,046,839
85$434,665,460$83,125,868$50,057,160$266,760,389
86$478,886,989$87,084,687$51,619,727$291,702,419
87$527,615,511$91,233,887$53,231,037$319,096,486
88$581,310,628$95,582,681$54,892,611$349,188,782
89$640,478,813$100,140,734$56,606,016$382,250,441
90$705,678,201$104,918,179$58,372,866$418,580,069
91$777,523,849$109,925,641$60,194,828$458,506,542
92$856,693,546$115,174,262$62,073,619$502,392,083
93$943,934,214$120,675,727$64,011,012$550,635,655
94$1,040,068,954$126,442,288$66,008,831$603,676,697
95$1,146,004,822$132,486,795$68,068,962$661,999,248
96$1,262,741,387$138,822,721$70,193,345$726,136,478
97$1,391,380,169$145,464,195$72,383,983$796,675,695
98$1,533,135,041$152,426,035$74,642,941$874,263,854
99$1,689,343,684$159,723,780$76,972,348$959,613,627
100$1,861,480,218$167,373,723$79,374,399$1,053,510,096