Can I retire at age 55 with 18,000,000?

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 $18,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$1,486,423$1,473,183$1,460,265$1,447,657$1,435,345$1,386,073
2 years$735,853$722,148$708,867$695,989$683,498$634,358
3 years$485,696$471,932$458,684$445,927$433,639$386,176
4 years$360,642$346,920$333,804$321,265$309,275$263,851
5 years$285,629$271,990$259,046$246,762$235,106$191,842
6 years$235,636$222,100$209,347$197,338$186,031$144,961
7 years$199,942$186,519$173,969$162,242$151,293$112,409
8 years$173,183$159,881$147,539$136,101$125,512$88,784
9 years$152,381$139,205$127,076$115,928$105,700$71,081
10 years$135,750$122,703$110,787$99,931$90,061$57,496
11 years$122,151$109,235$97,535$86,970$77,456$46,878
12 years$110,827$98,044$86,560$76,284$67,122$38,462
13 years$101,253$88,603$77,336$67,348$58,531$31,715
14 years$93,053$80,537$69,487$59,784$51,308$26,257
15 years$85,953$73,572$62,737$53,317$45,176$21,809
16 years$79,747$67,501$56,880$47,739$39,926$18,163
17 years$74,276$62,166$51,759$42,893$35,402$15,160
18 years$69,419$57,444$47,249$38,655$31,477$12,676
19 years$65,078$53,239$43,254$34,929$28,057$10,615
20 years$61,176$49,472$39,697$31,634$25,061$8,900
21 years$57,651$46,081$36,513$28,710$22,426$7,470
22 years$54,450$43,015$33,653$26,104$20,102$6,276
23 years$51,531$40,231$31,072$23,774$18,045$5,276
24 years$48,860$37,694$28,737$21,683$16,219$4,438
25 years$46,407$35,374$26,616$19,802$14,595$3,735
26 years$44,146$33,246$24,685$18,106$13,146$3,145
27 years$42,055$31,288$22,922$16,573$11,853$2,649
28 years$40,118$29,483$21,309$15,184$10,695$2,232
29 years$38,318$27,814$19,830$13,924$9,657$1,881
30 years$36,640$26,267$18,471$12,779$8,726$1,585
31 years$35,074$24,831$17,220$11,737$7,889$1,336
32 years$33,609$23,495$16,066$10,786$7,136$1,127
33 years$32,235$22,250$15,001$9,919$6,458$950
34 years$30,945$21,088$14,016$9,126$5,847$801
35 years$29,732$20,002$13,104$8,401$5,296$676
36 years$28,588$18,985$12,259$7,737$4,798$570
37 years$27,509$18,031$11,474$7,129$4,349$481
38 years$26,489$17,136$10,745$6,571$3,943$406
39 years$25,524$16,295$10,067$6,059$3,575$342
40 years$24,609$15,503$9,436$5,588$3,243$289
41 years$23,741$14,757$8,848$5,156$2,942$244
42 years$22,917$14,054$8,299$4,758$2,670$206
43 years$22,133$13,391$7,788$4,392$2,423$174
44 years$21,387$12,764$7,310$4,056$2,199$146
45 years$20,676$12,172$6,864$3,745$1,997$124
46 years$19,997$11,612$6,447$3,460$1,813$104
47 years$19,350$11,081$6,057$3,196$1,646$88
48 years$18,732$10,578$5,692$2,954$1,495$74
49 years$18,140$10,102$5,350$2,730$1,358$63
50 years$17,574$9,650$5,030$2,523$1,233$53

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $18,000,000, adding $4,712 every year, while hoping to spend $59,701 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: 64/13/23 Blend
54$18,000,000$18,000,000$18,000,000$18,000,000
55$19,840,860$18,886,860$18,607,860$20,991,759
56$21,801,107$19,748,795$19,167,702$22,630,327
57$23,959,297$20,650,964$19,744,298$24,412,703
58$26,335,559$21,595,275$20,338,146$26,358,733
59$28,952,071$22,583,728$20,949,758$28,484,454
60$31,833,271$23,618,419$21,579,664$30,807,514
61$35,006,088$24,701,545$22,228,406$33,347,333
62$38,500,196$25,835,408$22,896,545$36,125,288
63$42,348,293$27,022,420$23,584,656$39,164,905
64$46,586,410$28,265,109$24,293,333$42,492,083
65$51,254,250$29,566,126$25,023,186$46,135,330
66$56,395,565$30,928,247$25,774,843$50,126,032
67$62,058,565$32,354,384$26,548,953$54,498,741
68$68,296,377$33,847,587$27,346,182$59,291,502
69$75,167,542$35,411,054$28,167,214$64,546,201
70$82,736,572$37,048,136$29,012,756$70,308,963
71$91,074,554$38,762,347$29,883,535$76,630,575
72$100,259,824$40,557,367$30,780,299$83,566,967
73$110,378,705$42,437,057$31,703,818$91,179,731
74$121,526,322$44,405,462$32,654,885$99,536,696
75$133,807,499$46,466,821$33,634,316$108,712,565
76$147,337,749$48,625,581$34,642,950$118,789,614
77$162,244,364$50,886,399$35,681,653$129,858,459
78$178,667,616$53,254,159$36,751,316$142,018,910
79$196,762,081$55,733,981$37,852,853$155,380,902
80$216,698,097$58,331,230$38,987,208$170,065,529
81$238,663,376$61,051,533$40,155,352$186,206,176
82$262,864,768$63,900,786$41,358,284$203,949,774
83$289,530,220$66,885,171$42,597,032$223,458,178
84$318,910,926$70,011,167$43,872,656$244,909,683
85$351,283,696$73,285,570$45,186,245$268,500,706
86$386,953,569$76,715,499$46,538,921$294,447,622
87$426,256,696$80,308,422$47,931,838$322,988,804
88$469,563,509$84,072,164$49,366,184$354,386,861
89$517,282,219$88,014,932$50,843,183$388,931,106
90$569,862,668$92,145,327$52,364,093$426,940,277
91$627,800,580$96,472,368$53,930,210$468,765,536
92$691,642,235$101,005,509$55,542,867$514,793,769
93$761,989,627$105,754,663$57,203,437$565,451,231
94$839,506,149$110,730,222$58,913,333$621,207,551
95$924,922,855$115,943,081$60,674,008$682,580,160
96$1,019,045,357$121,404,663$62,486,958$750,139,154
97$1,122,761,436$127,126,944$64,353,724$824,512,667
98$1,237,049,419$133,122,481$66,275,891$906,392,782
99$1,362,987,416$139,404,438$68,255,089$996,542,052
100$1,501,763,495$145,986,618$70,292,997$1,095,800,680