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%19.6%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,387,698
2 years$739,941$726,160$712,805$699,855$687,295$631,921
3 years$488,394$474,554$461,232$448,404$436,048$382,664
4 years$362,645$348,847$335,659$323,050$310,993$260,005
5 years$287,216$273,501$260,485$248,133$236,412$187,951
6 years$236,946$223,334$210,510$198,434$187,065$141,164
7 years$201,052$187,555$174,935$163,144$152,134$108,778
8 years$174,145$160,770$148,359$136,857$126,210$85,357
9 years$153,228$139,979$127,782$116,572$106,287$67,878
10 years$136,504$123,384$111,403$100,486$90,562$54,524
11 years$122,830$109,842$98,077$87,453$77,886$44,139
12 years$111,443$98,588$87,041$76,708$67,494$35,949
13 years$101,815$89,095$77,765$67,722$58,856$29,421
14 years$93,570$80,985$69,873$60,116$51,593$24,171
15 years$86,431$73,981$63,086$53,613$45,427$19,920
16 years$80,190$67,876$57,196$48,004$40,148$16,458
17 years$74,689$62,512$52,046$43,132$35,598$13,625
18 years$69,805$57,763$47,512$38,870$31,652$11,300
19 years$65,440$53,535$43,495$35,123$28,212$9,384
20 years$61,516$49,747$39,917$31,810$25,200$7,802
21 years$57,971$46,337$36,716$28,870$22,551$6,493
22 years$54,752$43,254$33,840$26,249$20,214$5,408
23 years$51,818$40,455$31,245$23,906$18,145$4,507
24 years$49,132$37,903$28,896$21,803$16,309$3,758
25 years$46,665$35,571$26,764$19,912$14,676$3,135
26 years$44,391$33,431$24,822$18,207$13,219$2,616
27 years$42,289$31,462$23,049$16,665$11,918$2,184
28 years$40,341$29,647$21,427$15,269$10,754$1,824
29 years$38,530$27,968$19,940$14,002$9,711$1,523
30 years$36,844$26,413$18,573$12,850$8,774$1,272
31 years$35,269$24,969$17,315$11,802$7,933$1,063
32 years$33,796$23,626$16,156$10,846$7,176$888
33 years$32,414$22,374$15,085$9,974$6,494$742
34 years$31,117$21,205$14,094$9,177$5,880$620
35 years$29,897$20,113$13,177$8,448$5,325$519
36 years$28,747$19,090$12,327$7,780$4,825$433
37 years$27,662$18,131$11,538$7,168$4,373$362
38 years$26,636$17,231$10,805$6,607$3,965$303
39 years$25,665$16,385$10,123$6,092$3,595$253
40 years$24,746$15,589$9,488$5,619$3,261$212
41 years$23,873$14,839$8,897$5,184$2,959$177
42 years$23,044$14,133$8,345$4,785$2,685$148
43 years$22,256$13,465$7,831$4,417$2,436$124
44 years$21,505$12,835$7,351$4,078$2,212$103
45 years$20,790$12,240$6,902$3,766$2,008$86
46 years$20,109$11,676$6,483$3,479$1,823$72
47 years$19,458$11,143$6,090$3,214$1,655$60
48 years$18,836$10,637$5,723$2,970$1,503$51
49 years$18,241$10,158$5,379$2,745$1,365$42
50 years$17,672$9,703$5,058$2,537$1,240$35

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 $5,487 every year, while hoping to spend $44,337 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: 76/8/16 Blend
53$18,100,000$18,100,000$18,100,000$18,100,000
54$19,951,860$18,992,560$18,712,010$21,397,664
55$21,939,775$19,876,021$19,291,688$23,237,165
56$24,128,972$20,801,286$19,889,299$25,247,259
57$26,539,934$21,770,356$20,505,398$27,449,823
58$29,195,234$22,785,329$21,140,555$29,864,033
59$32,119,742$23,848,405$21,795,358$32,511,001
60$35,340,869$24,961,890$22,470,415$35,413,976
61$38,888,815$26,128,200$23,166,352$38,598,559
62$42,796,862$27,349,870$23,883,812$42,092,944
63$47,101,683$28,629,554$24,623,461$45,928,177
64$51,843,692$29,970,040$25,385,984$50,138,454
65$57,067,421$31,374,244$26,172,087$54,761,433
66$62,821,944$32,845,228$26,982,498$59,838,591
67$69,161,338$34,386,200$27,817,968$65,415,614
68$76,145,194$36,000,524$28,679,270$71,542,819
69$83,839,180$37,691,726$29,567,201$78,275,633
70$92,315,659$39,463,502$30,482,585$85,675,108
71$101,654,372$41,319,730$31,426,267$93,808,494
72$111,943,193$43,264,472$32,399,122$102,749,874
73$123,278,956$45,301,989$33,402,050$112,580,853
74$135,768,370$47,436,747$34,435,980$123,391,332
75$149,529,026$49,673,429$35,501,867$135,280,346
76$164,690,505$52,016,946$36,600,698$148,356,999
77$181,395,605$54,472,445$37,733,490$162,741,486
78$199,801,686$57,045,323$38,901,291$178,566,225
79$220,082,154$59,741,240$40,105,180$195,977,102
80$242,428,101$62,566,129$41,346,271$215,134,843
81$267,050,109$65,526,211$42,625,713$236,216,526
82$294,180,233$68,628,008$43,944,688$259,417,245
83$324,074,197$71,878,360$45,304,415$284,951,950
84$357,013,804$75,284,439$46,706,151$313,057,466
85$393,309,598$78,853,763$48,151,194$343,994,726
86$433,303,796$82,594,215$49,640,877$378,051,226
87$477,373,514$86,514,063$51,176,578$415,543,732
88$525,934,336$90,621,975$52,759,716$456,821,262
89$579,444,225$94,927,040$54,391,754$502,268,379
90$638,407,858$99,438,787$56,074,200$552,308,806
91$703,381,382$104,167,209$57,808,608$607,409,425
92$774,977,667$109,122,786$59,596,580$668,084,670
93$853,872,091$114,316,505$61,439,767$734,901,381
94$940,808,918$119,759,887$63,339,873$808,484,142
95$1,036,608,320$125,465,014$65,298,651$889,521,167
96$1,142,174,123$131,444,555$67,317,911$978,770,792
97$1,258,502,339$137,711,793$69,399,516$1,077,068,620
98$1,386,690,565$144,280,659$71,545,387$1,185,335,399
99$1,527,948,352$151,165,760$73,757,507$1,304,585,704
100$1,683,608,617$158,382,415$76,037,917$1,435,937,504