Can I retire at age 55 with 18,500,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%14.4%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,448,394
2 years$756,293$742,208$728,557$715,322$702,484$675,557
3 years$499,187$485,041$471,425$458,314$445,685$419,492
4 years$370,659$356,557$343,077$330,189$317,866$292,609
5 years$293,563$279,545$266,242$253,617$241,637$217,388
6 years$242,182$228,269$215,163$202,820$191,199$167,985
7 years$205,496$191,700$178,801$166,749$155,496$133,324
8 years$177,994$164,322$151,638$139,882$128,999$107,863
9 years$156,614$143,072$130,605$119,148$108,636$88,523
10 years$139,521$126,111$113,865$102,707$92,563$73,456
11 years$125,544$112,269$100,245$89,386$79,607$61,484
12 years$113,906$100,767$88,965$78,403$68,986$51,822
13 years$104,065$91,064$79,484$69,218$60,157$43,925
14 years$95,638$82,775$71,417$61,444$52,733$37,404
15 years$88,341$75,616$64,480$54,798$46,431$31,974
16 years$81,962$69,376$58,460$49,065$41,036$27,421
17 years$76,340$63,893$53,197$44,085$36,385$23,579
18 years$71,347$59,040$48,562$39,729$32,352$20,322
19 years$66,886$54,718$44,456$35,899$28,836$17,548
20 years$62,876$50,846$40,799$32,513$25,757$15,179
21 years$59,252$47,361$37,528$29,508$23,049$13,148
22 years$55,962$44,210$34,587$26,829$20,660$11,402
23 years$52,963$41,349$31,935$24,434$18,546$9,899
24 years$50,218$38,741$29,535$22,285$16,670$8,602
25 years$47,696$36,357$27,355$20,352$15,000$7,480
26 years$45,372$34,169$25,371$18,609$13,512$6,509
27 years$43,224$32,157$23,559$17,033$12,182$5,667
28 years$41,232$30,302$21,901$15,606$10,992$4,937
29 years$39,382$28,586$20,381$14,311$9,925$4,303
30 years$37,658$26,997$18,984$13,134$8,968$3,752
31 years$36,048$25,521$17,698$12,063$8,108$3,272
32 years$34,543$24,148$16,513$11,086$7,334$2,854
33 years$33,131$22,868$15,418$10,194$6,638$2,491
34 years$31,805$21,674$14,406$9,380$6,010$2,174
35 years$30,558$20,557$13,468$8,635$5,443$1,898
36 years$29,382$19,512$12,599$7,952$4,932$1,657
37 years$28,273$18,532$11,793$7,327$4,470$1,447
38 years$27,225$17,612$11,043$6,753$4,052$1,264
39 years$26,233$16,747$10,346$6,227$3,675$1,104
40 years$25,292$15,934$9,698$5,743$3,333$964
41 years$24,400$15,167$9,093$5,299$3,024$842
42 years$23,553$14,445$8,530$4,890$2,744$736
43 years$22,748$13,763$8,004$4,514$2,490$643
44 years$21,981$13,119$7,513$4,168$2,260$562
45 years$21,250$12,510$7,055$3,850$2,052$491
46 years$20,553$11,934$6,626$3,556$1,863$429
47 years$19,888$11,389$6,225$3,285$1,692$375
48 years$19,252$10,872$5,850$3,036$1,536$328
49 years$18,644$10,382$5,498$2,805$1,395$286
50 years$18,062$9,918$5,169$2,593$1,267$250

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 $4,264 every year, while hoping to spend $40,230 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: 77/14/9 Blend
54$18,500,000$18,500,000$18,500,000$18,500,000
55$20,391,398$19,410,898$19,124,148$21,932,045
56$22,428,517$20,319,228$19,722,003$23,853,802
57$24,672,072$21,270,717$20,338,537$25,954,751
58$27,143,080$22,267,439$20,974,335$28,257,140
59$29,864,696$23,311,565$21,629,997$30,780,994
60$32,862,437$24,405,374$22,306,144$33,548,356
61$36,164,422$25,551,253$23,003,415$36,583,497
62$39,801,634$26,751,705$23,722,470$39,913,138
63$43,808,217$28,009,356$24,463,990$43,566,699
64$48,221,797$29,326,956$25,228,676$47,576,576
65$53,083,834$30,707,391$26,017,250$51,978,441
66$58,440,016$32,153,684$26,830,459$56,811,577
67$64,340,691$33,669,007$27,669,072$62,119,242
68$70,841,337$35,256,684$28,533,882$67,949,075
69$78,003,093$36,920,202$29,425,707$74,353,541
70$85,893,330$38,663,213$30,345,390$81,390,425
71$94,586,291$40,489,551$31,293,801$89,123,366
72$104,163,786$42,403,233$32,271,836$97,622,458
73$114,715,970$44,408,470$33,280,422$106,964,908
74$126,342,194$46,509,679$34,320,510$117,235,753
75$139,151,935$48,711,491$35,393,085$128,528,663
76$153,265,840$51,018,762$36,499,161$140,946,818
77$168,816,856$53,436,581$37,639,783$154,603,875
78$185,951,489$55,970,288$38,816,029$169,625,034
79$204,831,188$58,625,478$40,029,013$186,148,216
80$225,633,864$61,408,021$41,279,879$204,325,355
81$248,555,574$64,324,071$42,569,812$224,323,829
82$273,812,371$67,380,079$43,900,029$246,328,026
83$301,642,342$70,582,812$45,271,789$270,541,084
84$332,307,855$73,939,363$46,686,388$297,186,795
85$366,098,036$77,457,172$48,145,162$326,511,713
86$403,331,502$81,144,040$49,649,491$358,787,470
87$444,359,363$85,008,145$51,200,796$394,313,330
88$489,568,538$89,058,065$52,800,544$433,419,008
89$539,385,412$93,302,793$54,450,245$476,467,767
90$594,279,855$97,751,761$56,151,459$523,859,844
91$654,769,661$102,414,858$57,905,794$576,036,208
92$721,425,435$107,302,454$59,714,906$633,482,718
93$794,875,980$112,425,425$61,580,506$696,734,695
94$875,814,232$117,795,173$63,504,355$766,381,964
95$965,003,805$123,423,658$65,488,272$843,074,404
96$1,063,286,194$129,323,418$67,534,131$927,528,077
97$1,171,588,725$135,507,605$69,643,863$1,020,531,965
98$1,290,933,306$141,990,008$71,819,463$1,122,955,410
99$1,422,446,073$148,785,089$74,062,986$1,235,756,299
100$1,567,368,027$155,908,012$76,376,549$1,359,990,094