Can I retire at age 54 with 18,500,000?

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 $18,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,461,635
2 years$756,293$742,208$728,557$715,322$702,484$688,801
3 years$499,187$485,041$471,425$458,314$445,685$432,323
4 years$370,659$356,557$343,077$330,189$317,866$304,930
5 years$293,563$279,545$266,242$253,617$241,637$229,163
6 years$242,182$228,269$215,163$202,820$191,199$179,204
7 years$205,496$191,700$178,801$166,749$155,496$143,984
8 years$177,994$164,322$151,638$139,882$128,999$117,971
9 years$156,614$143,072$130,605$119,148$108,636$98,087
10 years$139,521$126,111$113,865$102,707$92,563$82,488
11 years$125,544$112,269$100,245$89,386$79,607$69,998
12 years$113,906$100,767$88,965$78,403$68,986$59,833
13 years$104,065$91,064$79,484$69,218$60,157$51,450
14 years$95,638$82,775$71,417$61,444$52,733$44,461
15 years$88,341$75,616$64,480$54,798$46,431$38,580
16 years$81,962$69,376$58,460$49,065$41,036$33,595
17 years$76,340$63,893$53,197$44,085$36,385$29,341
18 years$71,347$59,040$48,562$39,729$32,352$25,691
19 years$66,886$54,718$44,456$35,899$28,836$22,544
20 years$62,876$50,846$40,799$32,513$25,757$19,821
21 years$59,252$47,361$37,528$29,508$23,049$17,454
22 years$55,962$44,210$34,587$26,829$20,660$15,393
23 years$52,963$41,349$31,935$24,434$18,546$13,591
24 years$50,218$38,741$29,535$22,285$16,670$12,014
25 years$47,696$36,357$27,355$20,352$15,000$10,630
26 years$45,372$34,169$25,371$18,609$13,512$9,413
27 years$43,224$32,157$23,559$17,033$12,182$8,342
28 years$41,232$30,302$21,901$15,606$10,992$7,397
29 years$39,382$28,586$20,381$14,311$9,925$6,563
30 years$37,658$26,997$18,984$13,134$8,968$5,826
31 years$36,048$25,521$17,698$12,063$8,108$5,174
32 years$34,543$24,148$16,513$11,086$7,334$4,597
33 years$33,131$22,868$15,418$10,194$6,638$4,086
34 years$31,805$21,674$14,406$9,380$6,010$3,632
35 years$30,558$20,557$13,468$8,635$5,443$3,230
36 years$29,382$19,512$12,599$7,952$4,932$2,873
37 years$28,273$18,532$11,793$7,327$4,470$2,556
38 years$27,225$17,612$11,043$6,753$4,052$2,275
39 years$26,233$16,747$10,346$6,227$3,675$2,025
40 years$25,292$15,934$9,698$5,743$3,333$1,802
41 years$24,400$15,167$9,093$5,299$3,024$1,605
42 years$23,553$14,445$8,530$4,890$2,744$1,429
43 years$22,748$13,763$8,004$4,514$2,490$1,272
44 years$21,981$13,119$7,513$4,168$2,260$1,133
45 years$21,250$12,510$7,055$3,850$2,052$1,009
46 years$20,553$11,934$6,626$3,556$1,863$899
47 years$19,888$11,389$6,225$3,285$1,692$801
48 years$19,252$10,872$5,850$3,036$1,536$713
49 years$18,644$10,382$5,498$2,805$1,395$635
50 years$18,062$9,918$5,169$2,593$1,267$566

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $18,500,000, adding $6,725 every year, while hoping to spend $50,542 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: 58/20/22 Blend
53$18,500,000$18,500,000$18,500,000$18,500,000
54$20,393,937$19,413,437$19,126,687$21,456,233
55$22,420,342$20,310,919$19,713,655$23,077,815
56$24,651,747$21,250,684$20,318,592$24,838,876
57$27,109,007$22,234,750$20,942,047$26,757,804
58$29,815,106$23,265,232$21,584,586$28,849,861
59$32,795,368$24,344,350$22,246,790$31,131,832
60$36,077,699$25,474,426$22,929,261$33,622,176
61$39,692,849$26,657,898$23,632,616$36,341,201
62$43,674,705$27,897,320$24,357,494$39,311,245
63$48,060,605$29,195,369$25,104,550$42,556,887
64$52,891,695$30,554,851$25,874,461$46,105,166
65$58,213,318$31,978,708$26,667,926$49,985,841
66$64,075,436$33,470,025$27,485,661$54,231,655
67$70,533,108$35,032,033$28,328,408$58,878,647
68$77,647,004$36,668,123$29,196,929$63,966,480
69$85,483,983$38,381,845$30,092,010$69,538,811
70$94,117,719$40,176,925$31,014,462$75,643,694
71$103,629,398$42,057,266$31,965,118$82,334,031
72$114,108,486$44,026,961$32,944,840$89,668,059
73$125,653,572$46,090,302$33,954,511$97,709,893
74$138,373,295$48,251,786$34,995,047$106,530,123
75$152,387,377$50,516,129$36,067,386$116,206,474
76$167,827,745$52,888,276$37,172,500$126,824,526
77$184,839,782$55,373,408$38,311,385$138,478,517
78$203,583,695$57,976,960$39,485,072$151,272,218
79$224,236,030$60,704,630$40,694,620$165,319,909
80$246,991,338$63,562,389$41,941,123$180,747,439
81$272,064,009$66,556,501$43,225,705$197,693,408
82$299,690,298$69,693,530$44,549,526$216,310,462
83$330,130,555$72,980,359$45,913,782$236,766,724
84$363,671,682$76,424,207$47,319,704$259,247,362
85$400,629,839$80,032,639$48,768,560$283,956,331
86$441,353,434$83,813,589$50,261,657$311,118,281
87$486,226,405$87,775,375$51,800,343$340,980,661
88$535,671,848$91,926,719$53,386,005$373,816,043
89$590,156,013$96,276,765$55,020,073$409,924,679
90$650,192,701$100,835,100$56,704,019$449,637,317
91$716,348,114$105,611,779$58,439,362$493,318,306
92$789,246,207$110,617,341$60,227,666$541,369,019
93$869,574,568$115,862,839$62,070,541$594,231,622
94$958,090,918$121,359,861$63,969,647$652,393,227
95$1,055,630,257$127,120,560$65,926,696$716,390,473
96$1,163,112,751$133,157,676$67,943,449$786,814,568
97$1,281,552,419$139,484,569$70,021,721$864,316,846
98$1,412,066,701$146,115,248$72,163,384$949,614,896
99$1,555,887,012$153,064,402$74,370,365$1,043,499,311
100$1,714,370,363$160,347,435$76,644,649$1,146,841,120