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%15.2%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,420,250
2 years$744,029$730,172$716,743$703,722$691,092$659,967
3 years$491,092$477,176$463,780$450,882$438,457$408,223
4 years$364,649$350,775$337,513$324,835$312,711$283,600
5 years$288,802$275,012$261,924$249,504$237,718$209,813
6 years$238,255$224,568$211,674$199,531$188,098$161,428
7 years$202,163$188,592$175,902$164,045$152,974$127,544
8 years$175,107$161,658$149,179$137,613$126,907$102,709
9 years$154,074$140,752$128,487$117,216$106,874$83,891
10 years$137,258$124,066$112,018$101,041$91,062$69,270
11 years$123,508$110,449$98,619$87,936$78,316$57,688
12 years$112,059$99,133$87,522$77,132$67,867$48,371
13 years$102,378$89,587$78,195$68,096$59,182$40,783
14 years$94,087$81,432$70,259$60,448$51,878$34,541
15 years$86,908$74,390$63,434$53,909$45,678$29,363
16 years$80,633$68,251$57,512$48,270$40,370$25,040
17 years$75,102$62,857$52,334$43,370$35,795$21,408
18 years$70,190$58,083$47,774$39,085$31,827$18,343
19 years$65,801$53,830$43,735$35,317$28,368$15,747
20 years$61,856$50,022$40,138$31,986$25,339$13,539
21 years$58,291$46,593$36,919$29,029$22,676$11,656
22 years$55,055$43,493$34,027$26,394$20,325$10,046
23 years$52,104$40,678$31,417$24,038$18,245$8,668
24 years$49,403$38,113$29,056$21,924$16,399$7,484
25 years$46,922$35,767$26,912$20,022$14,757$6,467
26 years$44,636$33,615$24,959$18,307$13,292$5,592
27 years$42,523$31,636$23,177$16,757$11,984$4,837
28 years$40,564$29,810$21,546$15,353$10,814$4,187
29 years$38,743$28,123$20,050$14,079$9,764$3,625
30 years$37,047$26,559$18,676$12,921$8,823$3,140
31 years$35,464$25,107$17,411$11,867$7,977$2,720
32 years$33,982$23,756$16,245$10,906$7,215$2,357
33 years$32,594$22,498$15,168$10,029$6,530$2,043
34 years$31,289$21,323$14,172$9,228$5,912$1,772
35 years$30,062$20,224$13,250$8,494$5,355$1,536
36 years$28,906$19,196$12,395$7,823$4,852$1,332
37 years$27,815$18,231$11,601$7,208$4,397$1,156
38 years$26,783$17,326$10,864$6,644$3,987$1,002
39 years$25,807$16,476$10,179$6,126$3,615$870
40 years$24,882$15,675$9,540$5,650$3,279$754
41 years$24,005$14,921$8,946$5,213$2,975$655
42 years$23,171$14,211$8,392$4,811$2,699$568
43 years$22,379$13,540$7,874$4,441$2,450$493
44 years$21,624$12,906$7,391$4,101$2,224$428
45 years$20,905$12,307$6,940$3,787$2,019$371
46 years$20,220$11,741$6,518$3,498$1,833$322
47 years$19,565$11,204$6,124$3,232$1,664$280
48 years$18,940$10,696$5,755$2,986$1,511$243
49 years$18,342$10,214$5,409$2,760$1,373$211
50 years$17,770$9,757$5,085$2,551$1,247$183

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 $4,656 every year, while hoping to spend $27,930 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: 45/31/24 Blend
53$18,200,000$18,200,000$18,200,000$18,200,000
54$20,061,203$19,096,603$18,814,503$20,824,792
55$22,077,728$20,002,619$19,415,071$22,270,766
56$24,299,003$20,952,094$20,034,823$23,834,843
57$26,745,882$21,947,127$20,674,370$25,530,526
58$29,441,347$22,989,922$21,334,347$27,370,083
59$32,410,722$24,082,786$22,015,405$29,366,985
60$35,681,914$25,228,140$22,718,219$31,536,026
61$39,285,674$26,428,524$23,443,484$33,893,454
62$43,255,890$27,686,598$24,191,918$36,457,117
63$47,629,905$29,005,156$24,964,261$39,246,625
64$52,448,870$30,387,123$25,761,279$42,283,526
65$57,758,131$31,835,569$26,583,759$45,591,503
66$63,607,661$33,353,713$27,432,515$49,196,584
67$70,052,526$34,944,928$28,308,388$53,127,382
68$77,153,410$36,612,755$29,212,245$57,415,358
69$84,977,182$38,360,905$30,144,980$62,095,100
70$93,597,535$40,193,269$31,107,516$67,204,646
71$103,095,672$42,113,928$32,100,807$72,785,831
72$113,561,082$44,127,162$33,125,836$78,884,666
73$125,092,378$46,237,459$34,183,617$85,551,764
74$137,798,230$48,449,524$35,275,197$92,842,806
75$151,798,392$50,768,293$36,401,659$100,819,051
76$167,224,830$53,198,941$37,564,116$109,547,900
77$184,222,968$55,746,895$38,763,720$119,103,520
78$202,953,065$58,417,847$40,001,658$129,567,528
79$223,591,721$61,217,765$41,279,158$141,029,746
80$246,333,550$64,152,909$42,597,482$153,589,032
81$271,393,013$67,229,842$43,957,939$167,354,196
82$299,006,444$70,455,448$45,361,874$182,445,008
83$329,434,283$73,836,946$46,810,678$198,993,314
84$362,963,530$77,381,907$48,305,786$217,144,254
85$399,910,460$81,098,270$49,848,679$237,057,619
86$440,623,603$84,994,361$51,440,886$258,909,331
87$485,487,038$89,078,913$53,083,983$282,893,087
88$534,924,018$93,361,081$54,779,599$309,222,159
89$589,400,965$97,850,472$56,529,413$338,131,386
90$649,431,873$102,557,155$58,335,158$369,879,362
91$715,583,163$107,491,694$60,198,624$404,750,855
92$788,479,025$112,665,167$62,121,658$443,059,462
93$868,807,316$118,089,190$64,106,164$485,150,540
94$957,326,050$123,775,949$66,154,109$531,404,441
95$1,054,870,558$129,738,221$68,267,522$582,240,061
96$1,162,361,369$135,989,408$70,448,498$638,118,771
97$1,280,812,905$142,543,565$72,699,199$699,548,728
98$1,411,343,053$149,415,431$75,021,854$767,089,640
99$1,555,183,724$156,620,467$77,418,765$841,358,010
100$1,713,692,479$164,174,886$79,892,310$923,032,914