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%15%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,413,600
2 years$739,941$726,160$712,805$699,855$687,295$657,488
3 years$488,394$474,554$461,232$448,404$436,048$407,084
4 years$362,645$348,847$335,659$323,050$310,993$283,095
5 years$287,216$273,501$260,485$248,133$236,412$209,659
6 years$236,946$223,334$210,510$198,434$187,065$161,485
7 years$201,052$187,555$174,935$163,144$152,134$127,733
8 years$174,145$160,770$148,359$136,857$126,210$102,981
9 years$153,228$139,979$127,782$116,572$106,287$84,214
10 years$136,504$123,384$111,403$100,486$90,562$69,623
11 years$122,830$109,842$98,077$87,453$77,886$58,055
12 years$111,443$98,588$87,041$76,708$67,494$48,742
13 years$101,815$89,095$77,765$67,722$58,856$41,151
14 years$93,570$80,985$69,873$60,116$51,593$34,900
15 years$86,431$73,981$63,086$53,613$45,427$29,710
16 years$80,190$67,876$57,196$48,004$40,148$25,371
17 years$74,689$62,512$52,046$43,132$35,598$21,723
18 years$69,805$57,763$47,512$38,870$31,652$18,640
19 years$65,440$53,535$43,495$35,123$28,212$16,025
20 years$61,516$49,747$39,917$31,810$25,200$13,799
21 years$57,971$46,337$36,716$28,870$22,551$11,898
22 years$54,752$43,254$33,840$26,249$20,214$10,271
23 years$51,818$40,455$31,245$23,906$18,145$8,875
24 years$49,132$37,903$28,896$21,803$16,309$7,676
25 years$46,665$35,571$26,764$19,912$14,676$6,643
26 years$44,391$33,431$24,822$18,207$13,219$5,753
27 years$42,289$31,462$23,049$16,665$11,918$4,985
28 years$40,341$29,647$21,427$15,269$10,754$4,322
29 years$38,530$27,968$19,940$14,002$9,711$3,748
30 years$36,844$26,413$18,573$12,850$8,774$3,252
31 years$35,269$24,969$17,315$11,802$7,933$2,822
32 years$33,796$23,626$16,156$10,846$7,176$2,449
33 years$32,414$22,374$15,085$9,974$6,494$2,127
34 years$31,117$21,205$14,094$9,177$5,880$1,847
35 years$29,897$20,113$13,177$8,448$5,325$1,604
36 years$28,747$19,090$12,327$7,780$4,825$1,394
37 years$27,662$18,131$11,538$7,168$4,373$1,211
38 years$26,636$17,231$10,805$6,607$3,965$1,052
39 years$25,665$16,385$10,123$6,092$3,595$914
40 years$24,746$15,589$9,488$5,619$3,261$795
41 years$23,873$14,839$8,897$5,184$2,959$691
42 years$23,044$14,133$8,345$4,785$2,685$600
43 years$22,256$13,465$7,831$4,417$2,436$522
44 years$21,505$12,835$7,351$4,078$2,212$454
45 years$20,790$12,240$6,902$3,766$2,008$394
46 years$20,109$11,676$6,483$3,479$1,823$343
47 years$19,458$11,143$6,090$3,214$1,655$298
48 years$18,836$10,637$5,723$2,970$1,503$259
49 years$18,241$10,158$5,379$2,745$1,365$225
50 years$17,672$9,703$5,058$2,537$1,240$196

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 $3,803 every year, while hoping to spend $33,629 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: 79/12/9 Blend
52$18,100,000$18,100,000$18,100,000$18,100,000
53$19,950,123$18,990,823$18,710,273$21,498,728
54$21,949,254$19,885,592$19,301,286$23,410,291
55$24,151,170$20,823,078$19,910,971$25,502,056
56$26,576,519$21,805,338$20,539,918$27,795,769
57$29,248,054$22,834,530$21,188,735$30,311,565
58$32,190,848$23,912,915$21,858,051$33,071,617
59$35,432,532$25,042,865$22,548,513$36,100,338
60$39,003,551$26,226,866$23,260,789$39,424,608
61$42,937,457$27,467,526$23,995,568$43,074,029
62$47,271,220$28,767,578$24,753,563$47,081,197
63$52,045,583$30,129,887$25,535,506$51,482,011
64$57,305,441$31,557,460$26,342,154$56,316,005
65$63,100,268$33,053,447$27,174,287$61,626,718
66$69,484,581$34,621,152$28,032,712$67,462,105
67$76,518,459$36,264,040$28,918,259$73,874,981
68$84,268,106$37,985,742$29,831,784$80,923,519
69$92,806,477$39,790,067$30,774,173$88,671,794
70$102,213,967$41,681,010$31,746,338$97,190,385
71$112,579,170$43,662,757$32,749,218$106,557,034
72$123,999,714$45,739,701$33,783,785$116,857,378
73$136,583,183$47,916,445$34,851,041$128,185,751
74$150,448,135$50,197,818$35,952,018$140,646,069
75$165,725,216$52,588,882$37,087,782$154,352,808
76$182,558,397$55,094,947$38,259,432$169,432,077
77$201,106,333$57,721,579$39,468,102$186,022,803
78$221,543,859$60,474,616$40,714,963$204,278,039
79$244,063,639$63,360,178$42,001,221$224,366,397
80$268,877,990$66,384,687$43,328,121$246,473,641
81$296,220,880$69,554,871$44,696,948$270,804,424
82$326,350,141$72,877,791$46,109,027$297,584,222
83$359,549,900$76,360,848$47,565,725$327,061,451
84$396,133,264$80,011,804$49,068,451$359,509,803
85$436,445,274$83,838,799$50,618,661$395,230,823
86$480,866,161$87,850,369$52,217,855$434,556,747
87$529,814,937$92,055,465$53,867,581$477,853,632
88$583,753,352$96,463,474$55,569,436$525,524,796
89$643,190,250$101,084,241$57,325,069$578,014,623
90$708,686,375$105,928,087$59,136,177$635,812,741
91$780,859,662$111,005,840$61,004,516$699,458,640
92$860,391,073$116,328,852$62,931,893$769,546,750
93$948,031,026$121,909,029$64,920,175$846,732,040
94$1,044,606,475$127,758,857$66,971,286$931,736,194
95$1,151,028,724$133,891,429$69,087,212$1,025,354,405
96$1,268,302,022$140,320,478$71,270,002$1,128,462,873
97$1,397,533,051$147,060,403$73,521,769$1,242,027,063
98$1,539,941,367$154,126,308$75,844,693$1,367,110,800
99$1,696,870,919$161,534,030$78,241,024$1,504,886,304
100$1,869,802,736$169,300,180$80,713,080$1,656,645,233