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%18.4%
1 years$1,486,423$1,473,183$1,460,265$1,447,657$1,435,345$1,386,626
2 years$735,853$722,148$708,867$695,989$683,498$634,902
3 years$485,696$471,932$458,684$445,927$433,639$386,693
4 years$360,642$346,920$333,804$321,265$309,275$264,338
5 years$285,629$271,990$259,046$246,762$235,106$192,297
6 years$235,636$222,100$209,347$197,338$186,031$145,384
7 years$199,942$186,519$173,969$162,242$151,293$112,802
8 years$173,183$159,881$147,539$136,101$125,512$89,147
9 years$152,381$139,205$127,076$115,928$105,700$71,415
10 years$135,750$122,703$110,787$99,931$90,061$57,802
11 years$122,151$109,235$97,535$86,970$77,456$47,159
12 years$110,827$98,044$86,560$76,284$67,122$38,718
13 years$101,253$88,603$77,336$67,348$58,531$31,948
14 years$93,053$80,537$69,487$59,784$51,308$26,468
15 years$85,953$73,572$62,737$53,317$45,176$22,000
16 years$79,747$67,501$56,880$47,739$39,926$18,335
17 years$74,276$62,166$51,759$42,893$35,402$15,315
18 years$69,419$57,444$47,249$38,655$31,477$12,815
19 years$65,078$53,239$43,254$34,929$28,057$10,740
20 years$61,176$49,472$39,697$31,634$25,061$9,012
21 years$57,651$46,081$36,513$28,710$22,426$7,570
22 years$54,450$43,015$33,653$26,104$20,102$6,364
23 years$51,531$40,231$31,072$23,774$18,045$5,354
24 years$48,860$37,694$28,737$21,683$16,219$4,508
25 years$46,407$35,374$26,616$19,802$14,595$3,797
26 years$44,146$33,246$24,685$18,106$13,146$3,199
27 years$42,055$31,288$22,922$16,573$11,853$2,697
28 years$40,118$29,483$21,309$15,184$10,695$2,274
29 years$38,318$27,814$19,830$13,924$9,657$1,918
30 years$36,640$26,267$18,471$12,779$8,726$1,618
31 years$35,074$24,831$17,220$11,737$7,889$1,365
32 years$33,609$23,495$16,066$10,786$7,136$1,152
33 years$32,235$22,250$15,001$9,919$6,458$972
34 years$30,945$21,088$14,016$9,126$5,847$821
35 years$29,732$20,002$13,104$8,401$5,296$693
36 years$28,588$18,985$12,259$7,737$4,798$585
37 years$27,509$18,031$11,474$7,129$4,349$494
38 years$26,489$17,136$10,745$6,571$3,943$417
39 years$25,524$16,295$10,067$6,059$3,575$352
40 years$24,609$15,503$9,436$5,588$3,243$297
41 years$23,741$14,757$8,848$5,156$2,942$251
42 years$22,917$14,054$8,299$4,758$2,670$212
43 years$22,133$13,391$7,788$4,392$2,423$179
44 years$21,387$12,764$7,310$4,056$2,199$151
45 years$20,676$12,172$6,864$3,745$1,997$128
46 years$19,997$11,612$6,447$3,460$1,813$108
47 years$19,350$11,081$6,057$3,196$1,646$91
48 years$18,732$10,578$5,692$2,954$1,495$77
49 years$18,140$10,102$5,350$2,730$1,358$65
50 years$17,574$9,650$5,030$2,523$1,233$55

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 $5,851 every year, while hoping to spend $41,599 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: 63/31/6 Blend
54$18,000,000$18,000,000$18,000,000$18,000,000
55$19,842,035$18,888,035$18,609,035$21,071,186
56$21,821,662$19,769,288$19,188,177$22,772,146
57$24,001,816$20,692,328$19,785,326$24,623,046
58$26,402,908$21,659,159$20,401,041$26,642,729
59$29,047,428$22,671,881$21,035,899$28,847,529
60$31,960,159$23,732,696$21,690,494$31,255,404
61$35,168,409$24,843,912$22,365,441$33,886,103
62$38,702,274$26,007,951$23,061,369$36,761,344
63$42,594,913$27,227,347$23,778,932$39,905,017
64$46,882,869$28,504,762$24,518,802$43,343,396
65$51,606,409$29,842,984$25,281,670$47,105,388
66$56,809,908$31,244,935$26,068,250$51,222,796
67$62,542,262$32,713,681$26,879,281$55,730,608
68$68,857,356$34,252,434$27,715,519$60,667,327
69$75,814,566$35,864,563$28,577,749$66,075,320
70$83,479,325$37,553,600$29,466,777$72,001,212
71$91,923,737$39,323,247$30,383,435$78,496,318
72$101,227,259$41,177,387$31,328,581$85,617,119
73$111,477,451$43,120,090$32,303,099$93,425,781
74$122,770,799$45,155,623$33,307,902$101,990,736
75$135,213,633$47,288,460$34,343,928$111,387,318
76$148,923,122$49,523,294$35,412,149$121,698,458
77$164,028,387$51,865,042$36,513,562$133,015,462
78$180,671,715$54,318,861$37,649,199$145,438,855
79$199,009,904$56,890,159$38,820,121$159,079,320
80$219,215,742$59,584,605$40,027,423$174,058,729
81$241,479,642$62,408,144$41,272,235$190,511,281
82$266,011,431$65,367,010$42,555,722$208,584,750
83$293,042,341$68,467,737$43,879,082$228,441,871
84$322,827,182$71,717,178$45,243,554$250,261,854
85$355,646,755$75,122,520$46,650,413$274,242,063
86$391,810,497$78,691,296$48,100,974$300,599,861
87$431,659,405$82,431,407$49,596,594$329,574,643
88$475,569,255$86,351,138$51,138,671$361,430,074
89$523,954,149$90,459,173$52,728,647$396,456,563
90$577,270,422$94,764,622$54,368,006$434,973,980
91$636,020,953$99,277,036$56,058,282$477,334,656
92$700,759,909$104,006,431$57,801,054$523,926,681
93$772,097,982$108,963,307$59,597,951$575,177,550
94$850,708,145$114,158,679$61,450,651$631,558,169
95$937,332,014$119,604,092$63,360,887$693,587,273
96$1,032,786,845$125,311,658$65,330,441$761,836,300
97$1,137,973,247$131,294,073$67,361,156$836,934,751
98$1,253,883,690$137,564,655$69,454,926$919,576,105
99$1,381,611,870$144,137,366$71,613,709$1,010,524,335
100$1,522,363,033$151,026,849$73,839,521$1,110,621,082