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

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 $18,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,409,355
2 years$744,029$730,172$716,743$703,722$691,092$649,173
3 years$491,092$477,176$463,780$450,882$438,457$397,871
4 years$364,649$350,775$337,513$324,835$312,711$273,769
5 years$288,802$275,012$261,924$249,504$237,718$200,527
6 years$238,255$224,568$211,674$199,531$188,098$152,691
7 years$202,163$188,592$175,902$164,045$152,974$119,351
8 years$175,107$161,658$149,179$137,613$126,907$95,049
9 years$154,074$140,752$128,487$117,216$106,874$76,749
10 years$137,258$124,066$112,018$101,041$91,062$62,629
11 years$123,508$110,449$98,619$87,936$78,316$51,528
12 years$112,059$99,133$87,522$77,132$67,867$42,671
13 years$102,378$89,587$78,195$68,096$59,182$35,521
14 years$94,087$81,432$70,259$60,448$51,878$29,695
15 years$86,908$74,390$63,434$53,909$45,678$24,910
16 years$80,633$68,251$57,512$48,270$40,370$20,956
17 years$75,102$62,857$52,334$43,370$35,795$17,672
18 years$70,190$58,083$47,774$39,085$31,827$14,931
19 years$65,801$53,830$43,735$35,317$28,368$12,637
20 years$61,856$50,022$40,138$31,986$25,339$10,709
21 years$58,291$46,593$36,919$29,029$22,676$9,086
22 years$55,055$43,493$34,027$26,394$20,325$7,717
23 years$52,104$40,678$31,417$24,038$18,245$6,559
24 years$49,403$38,113$29,056$21,924$16,399$5,579
25 years$46,922$35,767$26,912$20,022$14,757$4,749
26 years$44,636$33,615$24,959$18,307$13,292$4,044
27 years$42,523$31,636$23,177$16,757$11,984$3,445
28 years$40,564$29,810$21,546$15,353$10,814$2,935
29 years$38,743$28,123$20,050$14,079$9,764$2,502
30 years$37,047$26,559$18,676$12,921$8,823$2,134
31 years$35,464$25,107$17,411$11,867$7,977$1,820
32 years$33,982$23,756$16,245$10,906$7,215$1,552
33 years$32,594$22,498$15,168$10,029$6,530$1,324
34 years$31,289$21,323$14,172$9,228$5,912$1,130
35 years$30,062$20,224$13,250$8,494$5,355$964
36 years$28,906$19,196$12,395$7,823$4,852$823
37 years$27,815$18,231$11,601$7,208$4,397$703
38 years$26,783$17,326$10,864$6,644$3,987$600
39 years$25,807$16,476$10,179$6,126$3,615$512
40 years$24,882$15,675$9,540$5,650$3,279$437
41 years$24,005$14,921$8,946$5,213$2,975$373
42 years$23,171$14,211$8,392$4,811$2,699$319
43 years$22,379$13,540$7,874$4,441$2,450$272
44 years$21,624$12,906$7,391$4,101$2,224$232
45 years$20,905$12,307$6,940$3,787$2,019$198
46 years$20,220$11,741$6,518$3,498$1,833$169
47 years$19,565$11,204$6,124$3,232$1,664$145
48 years$18,940$10,696$5,755$2,986$1,511$123
49 years$18,342$10,214$5,409$2,760$1,373$105
50 years$17,770$9,757$5,085$2,551$1,247$90

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 $5,099 every year, while hoping to spend $51,974 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: 54/33/13 Blend
53$18,200,000$18,200,000$18,200,000$18,200,000
54$20,061,660$19,097,060$18,814,960$21,076,608
55$22,052,649$19,977,516$19,389,961$22,648,026
56$24,244,977$20,899,372$19,982,483$24,351,496
57$26,659,126$21,864,603$20,593,057$26,204,411
58$29,317,665$22,875,276$21,222,232$28,220,992
59$32,245,463$23,933,561$21,870,573$30,416,865
60$35,469,924$25,041,729$22,538,662$32,809,202
61$39,021,246$26,202,164$23,227,097$35,416,879
62$42,932,705$27,417,361$23,936,496$38,260,645
63$47,240,969$28,689,939$24,667,496$41,363,312
64$51,986,442$30,022,641$25,420,752$44,749,962
65$57,213,651$31,418,343$26,196,939$48,448,178
66$62,971,661$32,880,058$26,996,754$52,488,295
67$69,314,537$34,410,948$27,820,911$56,903,677
68$76,301,858$36,014,324$28,670,151$61,731,024
69$83,999,280$37,693,658$29,545,233$67,010,709
70$92,479,150$39,452,590$30,446,942$72,787,152
71$101,821,193$41,294,936$31,376,084$79,109,224
72$112,113,263$43,224,696$32,333,491$86,030,703
73$123,452,172$45,246,063$33,320,020$93,610,766
74$135,944,606$47,363,433$34,336,553$101,914,541
75$149,708,129$49,581,414$35,384,000$111,013,703
76$164,872,291$51,904,837$36,463,297$120,987,146
77$181,579,858$54,338,766$37,575,410$131,921,708
78$199,988,149$56,888,512$38,721,332$143,912,981
79$220,270,531$59,559,640$39,902,088$157,066,194
80$242,618,050$62,357,986$41,118,732$171,497,199
81$267,241,233$65,289,669$42,372,352$187,333,539
82$294,372,079$68,361,104$43,664,066$204,715,645
83$324,266,246$71,579,013$44,995,028$223,798,136
84$357,205,468$74,950,450$46,366,426$244,751,266
85$393,500,209$78,482,805$47,779,484$267,762,510
86$433,492,596$82,183,828$49,235,463$293,038,315
87$477,559,651$86,061,645$50,735,660$320,806,026
88$526,116,845$90,124,776$52,281,416$351,316,011
89$579,622,026$94,382,153$53,874,106$384,844,002
90$638,579,736$98,843,141$55,515,151$421,693,677
91$703,545,974$103,517,560$57,206,013$462,199,495
92$775,133,448$108,415,705$58,948,200$506,729,834
93$854,017,357$113,548,372$60,743,261$555,690,436
94$940,941,763$118,926,879$62,592,797$609,528,212
95$1,036,726,620$124,563,093$64,498,453$668,735,429
96$1,142,275,510$130,469,459$66,461,926$733,854,326
97$1,258,584,174$136,659,024$68,484,962$805,482,203
98$1,386,749,913$143,145,470$70,569,362$884,277,018
99$1,527,981,948$149,943,141$72,716,979$970,963,570
100$1,683,612,832$157,067,080$74,929,723$1,066,340,299