Can I retire at age 54 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%19.5%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,388,247
2 years$739,941$726,160$712,805$699,855$687,295$632,459
3 years$488,394$474,554$461,232$448,404$436,048$383,174
4 years$362,645$348,847$335,659$323,050$310,993$260,483
5 years$287,216$273,501$260,485$248,133$236,412$188,396
6 years$236,946$223,334$210,510$198,434$187,065$141,576
7 years$201,052$187,555$174,935$163,144$152,134$109,158
8 years$174,145$160,770$148,359$136,857$126,210$85,706
9 years$153,228$139,979$127,782$116,572$106,287$68,197
10 years$136,504$123,384$111,403$100,486$90,562$54,816
11 years$122,830$109,842$98,077$87,453$77,886$44,404
12 years$111,443$98,588$87,041$76,708$67,494$36,189
13 years$101,815$89,095$77,765$67,722$58,856$29,637
14 years$93,570$80,985$69,873$60,116$51,593$24,366
15 years$86,431$73,981$63,086$53,613$45,427$20,095
16 years$80,190$67,876$57,196$48,004$40,148$16,614
17 years$74,689$62,512$52,046$43,132$35,598$13,765
18 years$69,805$57,763$47,512$38,870$31,652$11,424
19 years$65,440$53,535$43,495$35,123$28,212$9,495
20 years$61,516$49,747$39,917$31,810$25,200$7,900
21 years$57,971$46,337$36,716$28,870$22,551$6,580
22 years$54,752$43,254$33,840$26,249$20,214$5,484
23 years$51,818$40,455$31,245$23,906$18,145$4,574
24 years$49,132$37,903$28,896$21,803$16,309$3,817
25 years$46,665$35,571$26,764$19,912$14,676$3,187
26 years$44,391$33,431$24,822$18,207$13,219$2,662
27 years$42,289$31,462$23,049$16,665$11,918$2,224
28 years$40,341$29,647$21,427$15,269$10,754$1,859
29 years$38,530$27,968$19,940$14,002$9,711$1,554
30 years$36,844$26,413$18,573$12,850$8,774$1,299
31 years$35,269$24,969$17,315$11,802$7,933$1,086
32 years$33,796$23,626$16,156$10,846$7,176$908
33 years$32,414$22,374$15,085$9,974$6,494$760
34 years$31,117$21,205$14,094$9,177$5,880$635
35 years$29,897$20,113$13,177$8,448$5,325$531
36 years$28,747$19,090$12,327$7,780$4,825$445
37 years$27,662$18,131$11,538$7,168$4,373$372
38 years$26,636$17,231$10,805$6,607$3,965$311
39 years$25,665$16,385$10,123$6,092$3,595$260
40 years$24,746$15,589$9,488$5,619$3,261$218
41 years$23,873$14,839$8,897$5,184$2,959$182
42 years$23,044$14,133$8,345$4,785$2,685$153
43 years$22,256$13,465$7,831$4,417$2,436$128
44 years$21,505$12,835$7,351$4,078$2,212$107
45 years$20,790$12,240$6,902$3,766$2,008$89
46 years$20,109$11,676$6,483$3,479$1,823$75
47 years$19,458$11,143$6,090$3,214$1,655$63
48 years$18,836$10,637$5,723$2,970$1,503$52
49 years$18,241$10,158$5,379$2,745$1,365$44
50 years$17,672$9,703$5,058$2,537$1,240$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $18,100,000, adding $2,448 every year, while hoping to spend $46,077 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: 24/46/30 Blend
53$18,100,000$18,100,000$18,100,000$18,100,000
54$19,948,725$18,989,425$18,708,875$20,239,739
55$21,934,470$19,870,881$19,286,597$21,372,331
56$24,121,216$20,793,985$19,882,128$22,580,848
57$26,529,417$21,760,727$20,496,016$23,874,688
58$29,181,611$22,773,197$21,128,827$25,260,994
59$32,102,635$23,833,583$21,781,142$26,747,572
60$35,319,854$24,944,179$22,453,561$28,342,953
61$38,863,427$26,107,391$23,146,703$30,056,465
62$42,766,584$27,325,741$23,861,205$31,898,312
63$47,065,944$28,601,871$24,597,724$33,879,658
64$51,801,860$29,938,552$25,356,937$36,012,722
65$57,018,797$31,338,689$26,139,542$38,310,883
66$62,765,757$32,805,327$26,946,259$40,788,793
67$69,096,734$34,341,658$27,777,829$43,462,503
68$76,071,230$35,951,028$28,635,015$46,349,602
69$83,754,814$37,636,947$29,518,606$49,469,368
70$92,219,739$39,403,091$30,429,414$52,842,939
71$101,545,627$41,253,318$31,368,274$56,493,492
72$111,820,220$43,191,669$32,336,050$60,446,452
73$123,140,204$45,222,383$33,333,630$64,729,711
74$135,612,128$47,349,903$34,361,929$69,373,878
75$149,353,405$49,578,887$35,421,893$74,412,545
76$164,493,420$51,914,220$36,514,495$79,882,593
77$181,174,755$54,361,023$37,640,736$85,824,513
78$199,554,530$56,924,664$38,801,651$92,282,771
79$219,805,891$59,610,771$39,998,305$99,306,208
80$242,119,640$62,425,247$41,231,797$106,948,475
81$266,706,038$65,374,279$42,503,257$115,268,519
82$293,796,790$68,464,355$43,813,852$124,331,114
83$323,647,231$71,702,276$45,164,784$134,207,445
84$356,538,737$75,095,176$46,557,292$144,975,757
85$392,781,380$78,650,531$47,992,653$156,722,063
86$432,716,856$82,376,183$49,472,183$169,540,926
87$476,721,713$86,280,353$50,997,239$183,536,322
88$525,210,898$90,371,661$52,569,217$198,822,592
89$578,641,683$94,659,146$54,189,559$215,525,481
90$637,517,975$99,152,285$55,859,750$233,783,297
91$702,395,077$103,861,015$57,581,319$253,748,177
92$773,884,926$108,795,756$59,355,845$275,587,483
93$852,661,874$113,967,434$61,184,952$299,485,344
94$939,469,053$119,387,506$63,070,315$325,644,352
95$1,035,125,388$125,067,985$65,013,662$354,287,428
96$1,140,533,330$131,021,468$67,016,772$385,659,883
97$1,256,687,373$137,261,164$69,081,478$420,031,684
98$1,384,683,448$143,800,924$71,209,670$457,699,951
99$1,525,729,263$150,655,272$73,403,297$498,991,714
100$1,681,155,705$157,839,438$75,664,365$544,266,936