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

Use the below retirement simulation to view the chances of a successful retirement.
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%15.3%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,411,870
2 years$739,941$726,160$712,805$699,855$687,295$655,769
3 years$488,394$474,554$461,232$448,404$436,048$405,429
4 years$362,645$348,847$335,659$323,050$310,993$281,517
5 years$287,216$273,501$260,485$248,133$236,412$208,162
6 years$236,946$223,334$210,510$198,434$187,065$160,071
7 years$201,052$187,555$174,935$163,144$152,134$126,401
8 years$174,145$160,770$148,359$136,857$126,210$101,729
9 years$153,228$139,979$127,782$116,572$106,287$83,040
10 years$136,504$123,384$111,403$100,486$90,562$68,526
11 years$122,830$109,842$98,077$87,453$77,886$57,032
12 years$111,443$98,588$87,041$76,708$67,494$47,789
13 years$101,815$89,095$77,765$67,722$58,856$40,266
14 years$93,570$80,985$69,873$60,116$51,593$34,080
15 years$86,431$73,981$63,086$53,613$45,427$28,951
16 years$80,190$67,876$57,196$48,004$40,148$24,671
17 years$74,689$62,512$52,046$43,132$35,598$21,078
18 years$69,805$57,763$47,512$38,870$31,652$18,047
19 years$65,440$53,535$43,495$35,123$28,212$15,481
20 years$61,516$49,747$39,917$31,810$25,200$13,300
21 years$57,971$46,337$36,716$28,870$22,551$11,442
22 years$54,752$43,254$33,840$26,249$20,214$9,854
23 years$51,818$40,455$31,245$23,906$18,145$8,495
24 years$49,132$37,903$28,896$21,803$16,309$7,329
25 years$46,665$35,571$26,764$19,912$14,676$6,328
26 years$44,391$33,431$24,822$18,207$13,219$5,467
27 years$42,289$31,462$23,049$16,665$11,918$4,726
28 years$40,341$29,647$21,427$15,269$10,754$4,087
29 years$38,530$27,968$19,940$14,002$9,711$3,536
30 years$36,844$26,413$18,573$12,850$8,774$3,060
31 years$35,269$24,969$17,315$11,802$7,933$2,649
32 years$33,796$23,626$16,156$10,846$7,176$2,294
33 years$32,414$22,374$15,085$9,974$6,494$1,987
34 years$31,117$21,205$14,094$9,177$5,880$1,721
35 years$29,897$20,113$13,177$8,448$5,325$1,491
36 years$28,747$19,090$12,327$7,780$4,825$1,292
37 years$27,662$18,131$11,538$7,168$4,373$1,120
38 years$26,636$17,231$10,805$6,607$3,965$970
39 years$25,665$16,385$10,123$6,092$3,595$841
40 years$24,746$15,589$9,488$5,619$3,261$729
41 years$23,873$14,839$8,897$5,184$2,959$632
42 years$23,044$14,133$8,345$4,785$2,685$548
43 years$22,256$13,465$7,831$4,417$2,436$475
44 years$21,505$12,835$7,351$4,078$2,212$412
45 years$20,790$12,240$6,902$3,766$2,008$357
46 years$20,109$11,676$6,483$3,479$1,823$310
47 years$19,458$11,143$6,090$3,214$1,655$269
48 years$18,836$10,637$5,723$2,970$1,503$233
49 years$18,241$10,158$5,379$2,745$1,365$202
50 years$17,672$9,703$5,058$2,537$1,240$175

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 $4,237 every year, while hoping to spend $37,203 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: 58/16/26 Blend
52$18,100,000$18,100,000$18,100,000$18,100,000
53$19,950,570$18,991,270$18,710,720$20,966,528
54$21,945,945$19,882,259$19,297,946$22,552,556
55$24,143,601$20,815,659$19,903,596$24,276,711
56$26,564,131$21,793,510$20,528,250$26,155,888
57$29,230,229$22,817,948$21,172,503$28,205,110
58$32,166,901$23,891,216$21,836,970$30,440,903
59$35,401,701$25,015,662$22,522,285$32,881,443
60$38,964,995$26,193,750$23,229,102$35,546,727
61$42,890,243$27,428,062$23,958,096$38,458,757
62$47,214,317$28,721,307$24,709,961$41,641,742
63$51,977,849$30,076,322$25,485,416$45,122,320
64$57,225,613$31,496,085$26,285,201$48,929,808
65$63,006,948$32,983,716$27,110,078$53,096,472
66$69,376,225$34,542,486$27,960,834$57,657,823
67$76,393,360$36,175,828$28,838,282$62,652,951
68$84,124,377$37,887,337$29,743,258$68,124,885
69$92,642,032$39,680,786$30,676,626$74,120,993
70$102,026,503$41,560,128$31,639,277$80,693,424
71$112,366,141$43,529,509$32,632,128$87,899,592
72$123,758,311$45,593,278$33,656,127$95,802,713
73$136,310,302$47,755,993$34,712,251$104,472,390
74$150,140,349$50,022,432$35,801,507$113,985,266
75$165,378,742$52,397,609$36,924,935$124,425,739
76$182,169,060$54,886,778$38,083,607$135,886,748
77$200,669,523$57,495,449$39,278,627$148,470,644
78$221,054,489$60,229,401$40,511,135$162,290,145
79$243,516,097$63,094,691$41,782,308$177,469,392
80$268,266,081$66,097,673$43,093,357$194,145,110
81$295,537,771$69,245,009$44,445,535$212,467,887
82$325,588,292$72,543,683$45,840,129$232,603,587
83$358,700,995$76,001,021$47,278,471$254,734,904
84$395,188,129$79,624,703$48,761,932$279,063,072
85$435,393,789$83,422,785$50,291,927$305,809,757
86$479,697,166$87,403,711$51,869,917$335,219,130
87$528,516,122$91,576,339$53,497,405$367,560,165
88$582,311,143$95,949,955$55,175,944$403,129,161
89$641,589,676$100,534,300$56,907,135$442,252,524
90$706,910,928$105,339,585$58,692,628$485,289,834
91$778,891,139$110,376,522$60,534,128$532,637,223
92$858,209,404$115,656,340$62,433,390$584,731,097
93$945,614,080$121,190,817$64,392,225$642,052,242
94$1,041,929,853$126,992,304$66,412,502$705,130,338
95$1,148,065,524$133,073,753$68,496,147$774,548,947
96$1,265,022,586$139,448,746$70,645,146$850,950,996
97$1,393,904,682$146,131,526$72,861,551$935,044,831
98$1,535,928,019$153,137,031$75,147,473$1,027,610,880
99$1,692,432,857$160,480,925$77,505,093$1,129,508,997
100$1,864,896,154$168,179,636$79,936,659$1,241,686,557