Can I retire at age 55 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%18.8%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,422,874
2 years$756,293$742,208$728,557$715,322$702,484$650,308
3 years$499,187$485,041$471,425$458,314$445,685$395,315
4 years$370,659$356,557$343,077$330,189$317,866$269,687
5 years$293,563$279,545$266,242$253,617$241,637$195,775
6 years$242,182$228,269$215,163$202,820$191,199$147,689
7 years$205,496$191,700$178,801$166,749$155,496$114,328
8 years$177,994$164,322$151,638$139,882$128,999$90,139
9 years$156,614$143,072$130,605$119,148$108,636$72,034
10 years$139,521$126,111$113,865$102,707$92,563$58,156
11 years$125,544$112,269$100,245$89,386$79,607$47,325
12 years$113,906$100,767$88,965$78,403$68,986$38,751
13 years$104,065$91,064$79,484$69,218$60,157$31,887
14 years$95,638$82,775$71,417$61,444$52,733$26,344
15 years$88,341$75,616$64,480$54,798$46,431$21,835
16 years$81,962$69,376$58,460$49,065$41,036$18,145
17 years$76,340$63,893$53,197$44,085$36,385$15,112
18 years$71,347$59,040$48,562$39,729$32,352$12,608
19 years$66,886$54,718$44,456$35,899$28,836$10,534
20 years$62,876$50,846$40,799$32,513$25,757$8,812
21 years$59,252$47,361$37,528$29,508$23,049$7,379
22 years$55,962$44,210$34,587$26,829$20,660$6,184
23 years$52,963$41,349$31,935$24,434$18,546$5,187
24 years$50,218$38,741$29,535$22,285$16,670$4,353
25 years$47,696$36,357$27,355$20,352$15,000$3,654
26 years$45,372$34,169$25,371$18,609$13,512$3,069
27 years$43,224$32,157$23,559$17,033$12,182$2,579
28 years$41,232$30,302$21,901$15,606$10,992$2,168
29 years$39,382$28,586$20,381$14,311$9,925$1,822
30 years$37,658$26,997$18,984$13,134$8,968$1,532
31 years$36,048$25,521$17,698$12,063$8,108$1,289
32 years$34,543$24,148$16,513$11,086$7,334$1,084
33 years$33,131$22,868$15,418$10,194$6,638$912
34 years$31,805$21,674$14,406$9,380$6,010$767
35 years$30,558$20,557$13,468$8,635$5,443$645
36 years$29,382$19,512$12,599$7,952$4,932$543
37 years$28,273$18,532$11,793$7,327$4,470$457
38 years$27,225$17,612$11,043$6,753$4,052$385
39 years$26,233$16,747$10,346$6,227$3,675$324
40 years$25,292$15,934$9,698$5,743$3,333$272
41 years$24,400$15,167$9,093$5,299$3,024$229
42 years$23,553$14,445$8,530$4,890$2,744$193
43 years$22,748$13,763$8,004$4,514$2,490$162
44 years$21,981$13,119$7,513$4,168$2,260$137
45 years$21,250$12,510$7,055$3,850$2,052$115
46 years$20,553$11,934$6,626$3,556$1,863$97
47 years$19,888$11,389$6,225$3,285$1,692$81
48 years$19,252$10,872$5,850$3,036$1,536$69
49 years$18,644$10,382$5,498$2,805$1,395$58
50 years$18,062$9,918$5,169$2,593$1,267$49

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $18,500,000, adding $6,035 every year, while hoping to spend $37,904 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: 57/17/26 Blend
54$18,500,000$18,500,000$18,500,000$18,500,000
55$20,393,225$19,412,725$19,125,975$21,410,544
56$22,433,005$20,323,619$19,726,366$23,019,082
57$24,679,571$21,277,876$20,345,599$24,766,903
58$27,153,977$22,277,582$20,984,266$26,671,168
59$29,879,421$23,324,922$21,642,977$28,747,004
60$32,881,465$24,422,186$22,322,361$31,011,046
61$36,188,280$25,571,779$23,023,065$33,481,590
62$39,830,907$26,776,218$23,745,760$36,178,764
63$43,843,551$28,038,145$24,491,135$39,124,711
64$48,263,907$29,360,328$25,259,901$42,343,792
65$53,133,511$30,745,669$26,052,793$45,862,813
66$58,498,135$32,197,213$26,870,568$49,711,272
67$64,408,218$33,718,150$27,714,006$53,921,631
68$70,919,343$35,311,826$28,583,911$58,529,616
69$78,092,760$36,981,749$29,481,116$63,574,550
70$85,995,964$38,731,597$30,406,476$69,099,715
71$94,703,333$40,565,226$31,360,874$75,152,757
72$104,296,831$42,486,681$32,345,222$81,786,126
73$114,866,780$44,500,200$33,360,458$89,057,565
74$126,512,711$46,610,229$34,407,553$97,030,649
75$139,344,307$48,821,429$35,487,505$105,775,371
76$153,482,435$51,138,689$36,601,346$115,368,805
77$169,060,290$53,567,131$37,750,138$125,895,812
78$186,224,650$56,112,131$38,934,978$137,449,845
79$205,137,262$58,779,323$40,156,997$150,133,810
80$225,976,367$61,574,614$41,417,360$164,061,037
81$248,938,386$64,504,200$42,717,272$179,356,334
82$274,239,773$67,574,578$44,057,973$196,157,154
83$302,119,057$70,792,558$45,440,741$214,614,888
84$332,839,092$74,165,285$46,866,897$234,896,272
85$366,689,543$77,700,248$48,337,802$257,184,959
86$403,989,618$81,405,302$49,854,860$281,683,233
87$445,091,079$85,288,682$51,419,518$308,613,910
88$490,381,567$89,359,024$53,033,269$338,222,422
89$540,288,257$93,625,387$54,697,654$370,779,125
90$595,281,894$98,097,266$56,414,260$406,581,833
91$655,881,236$102,784,620$58,184,726$445,958,616
92$722,657,949$107,697,893$60,010,742$489,270,876
93$796,242,006$112,848,037$61,894,048$536,916,746
94$877,327,636$118,246,536$63,836,444$589,334,829
95$966,679,871$123,905,432$65,839,781$647,008,321
96$1,065,141,776$129,837,357$67,905,972$710,469,548
97$1,173,642,403$136,055,553$70,036,988$780,304,978
98$1,293,205,563$142,573,910$72,234,862$857,160,732
99$1,424,959,492$149,406,994$74,501,692$941,748,660
100$1,570,147,502$156,570,077$76,839,639$1,034,853,041