Can I retire at age 54 with 18,200,000?

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 $18,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,435,540
2 years$744,029$730,172$716,743$703,722$691,092$675,231
3 years$491,092$477,176$463,780$450,882$438,457$422,980
4 years$364,649$350,775$337,513$324,835$312,711$297,737
5 years$288,802$275,012$261,924$249,504$237,718$223,291
6 years$238,255$224,568$211,674$199,531$188,098$174,236
7 years$202,163$188,592$175,902$164,045$152,974$139,682
8 years$175,107$161,658$149,179$137,613$126,907$114,184
9 years$154,074$140,752$128,487$117,216$106,874$94,716
10 years$137,258$124,066$112,018$101,041$91,062$79,461
11 years$123,508$110,449$98,619$87,936$78,316$67,263
12 years$112,059$99,133$87,522$77,132$67,867$57,350
13 years$102,378$89,587$78,195$68,096$59,182$49,187
14 years$94,087$81,432$70,259$60,448$51,878$42,393
15 years$86,908$74,390$63,434$53,909$45,678$36,687
16 years$80,633$68,251$57,512$48,270$40,370$31,859
17 years$75,102$62,857$52,334$43,370$35,795$27,747
18 years$70,190$58,083$47,774$39,085$31,827$24,226
19 years$65,801$53,830$43,735$35,317$28,368$21,197
20 years$61,856$50,022$40,138$31,986$25,339$18,582
21 years$58,291$46,593$36,919$29,029$22,676$16,315
22 years$55,055$43,493$34,027$26,394$20,325$14,344
23 years$52,104$40,678$31,417$24,038$18,245$12,627
24 years$49,403$38,113$29,056$21,924$16,399$11,127
25 years$46,922$35,767$26,912$20,022$14,757$9,815
26 years$44,636$33,615$24,959$18,307$13,292$8,664
27 years$42,523$31,636$23,177$16,757$11,984$7,653
28 years$40,564$29,810$21,546$15,353$10,814$6,765
29 years$38,743$28,123$20,050$14,079$9,764$5,983
30 years$37,047$26,559$18,676$12,921$8,823$5,294
31 years$35,464$25,107$17,411$11,867$7,977$4,686
32 years$33,982$23,756$16,245$10,906$7,215$4,150
33 years$32,594$22,498$15,168$10,029$6,530$3,676
34 years$31,289$21,323$14,172$9,228$5,912$3,257
35 years$30,062$20,224$13,250$8,494$5,355$2,887
36 years$28,906$19,196$12,395$7,823$4,852$2,559
37 years$27,815$18,231$11,601$7,208$4,397$2,269
38 years$26,783$17,326$10,864$6,644$3,987$2,012
39 years$25,807$16,476$10,179$6,126$3,615$1,785
40 years$24,882$15,675$9,540$5,650$3,279$1,584
41 years$24,005$14,921$8,946$5,213$2,975$1,405
42 years$23,171$14,211$8,392$4,811$2,699$1,247
43 years$22,379$13,540$7,874$4,441$2,450$1,106
44 years$21,624$12,906$7,391$4,101$2,224$982
45 years$20,905$12,307$6,940$3,787$2,019$871
46 years$20,220$11,741$6,518$3,498$1,833$774
47 years$19,565$11,204$6,124$3,232$1,664$687
48 years$18,940$10,696$5,755$2,986$1,511$610
49 years$18,342$10,214$5,409$2,760$1,373$541
50 years$17,770$9,757$5,085$2,551$1,247$480

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $18,200,000, adding $5,974 every year, while hoping to spend $48,610 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: 61/32/7 Blend
53$18,200,000$18,200,000$18,200,000$18,200,000
54$20,062,562$19,097,962$18,815,862$21,257,999
55$22,057,223$19,982,042$19,394,473$22,942,122
56$24,253,710$20,907,812$19,990,838$24,772,681
57$26,672,558$21,877,264$20,605,501$26,768,708
58$29,336,395$22,892,486$21,239,021$28,946,153
59$32,270,155$23,955,666$21,891,976$31,322,555
60$35,501,315$25,069,098$22,564,961$33,917,197
61$39,060,150$26,235,185$23,258,589$36,751,283
62$42,980,024$27,456,448$23,973,490$39,848,131
63$47,297,701$28,735,528$24,710,317$43,233,390
64$52,053,693$30,075,195$25,469,739$46,935,270
65$57,292,643$31,478,353$26,252,448$50,984,807
66$63,063,744$32,948,043$27,059,156$55,416,141
67$69,421,205$34,487,457$27,890,598$60,266,839
68$76,424,764$36,099,938$28,747,528$65,578,233
69$84,140,248$37,788,993$29,630,728$71,395,808
70$92,640,195$39,558,296$30,541,000$77,769,619
71$102,004,544$41,411,701$31,479,172$84,754,752
72$112,321,380$43,353,247$32,446,097$92,411,840
73$123,687,772$45,387,168$33,442,653$100,807,621
74$136,210,690$47,517,904$34,469,747$110,015,556
75$150,008,008$49,750,110$35,528,311$120,116,513
76$165,209,624$52,088,664$36,619,308$131,199,520
77$181,958,679$54,538,682$37,743,729$143,362,589
78$200,412,915$57,105,528$38,902,594$156,713,631
79$220,746,158$59,794,824$40,096,957$171,371,460
80$243,149,962$62,612,467$41,327,901$187,466,899
81$267,835,417$65,564,636$42,596,544$205,144,003
82$295,035,139$68,657,813$43,904,038$224,561,402
83$325,005,468$71,898,791$45,251,569$245,893,777
84$358,028,889$75,294,695$46,640,359$269,333,502
85$394,416,694$78,852,993$48,071,670$295,092,431
86$434,511,924$82,581,517$49,546,798$323,403,887
87$478,692,606$86,488,478$51,067,082$354,524,841
88$527,375,323$90,582,484$52,633,900$388,738,317
89$581,019,143$94,872,563$54,248,673$426,356,044
90$640,129,956$99,368,179$55,912,864$467,721,374
91$705,265,248$104,079,256$57,627,981$513,212,502
92$777,039,364$109,016,200$59,395,579$563,246,008
93$856,129,308$114,189,922$61,217,259$618,280,766
94$943,281,131$119,611,862$63,094,672$678,822,248
95$1,039,316,979$125,294,017$65,029,516$745,427,266
96$1,145,142,851$131,248,963$67,023,545$818,709,200
97$1,261,757,151$137,489,892$69,078,563$899,343,756
98$1,390,260,116$144,030,632$71,196,430$988,075,313
99$1,531,864,202$150,885,687$73,379,064$1,085,723,915
100$1,687,905,527$158,070,262$75,628,439$1,193,192,975