Can I retire at age 57 with 18,100,000?

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 $18,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,418,825
2 years$739,941$726,160$712,805$699,855$687,295$662,693
3 years$488,394$474,554$461,232$448,404$436,048$412,104
4 years$362,645$348,847$335,659$323,050$310,993$287,892
5 years$287,216$273,501$260,485$248,133$236,412$214,220
6 years$236,946$223,334$210,510$198,434$187,065$165,807
7 years$201,052$187,555$174,935$163,144$152,134$131,816
8 years$174,145$160,770$148,359$136,857$126,210$106,829
9 years$153,228$139,979$127,782$116,572$106,287$87,831
10 years$136,504$123,384$111,403$100,486$90,562$73,016
11 years$122,830$109,842$98,077$87,453$77,886$61,231
12 years$111,443$98,588$87,041$76,708$67,494$51,709
13 years$101,815$89,095$77,765$67,722$58,856$43,916
14 years$93,570$80,985$69,873$60,116$51,593$37,473
15 years$86,431$73,981$63,086$53,613$45,427$32,099
16 years$80,190$67,876$57,196$48,004$40,148$27,585
17 years$74,689$62,512$52,046$43,132$35,598$23,771
18 years$69,805$57,763$47,512$38,870$31,652$20,532
19 years$65,440$53,535$43,495$35,123$28,212$17,770
20 years$61,516$49,747$39,917$31,810$25,200$15,405
21 years$57,971$46,337$36,716$28,870$22,551$13,374
22 years$54,752$43,254$33,840$26,249$20,214$11,625
23 years$51,818$40,455$31,245$23,906$18,145$10,116
24 years$49,132$37,903$28,896$21,803$16,309$8,811
25 years$46,665$35,571$26,764$19,912$14,676$7,680
26 years$44,391$33,431$24,822$18,207$13,219$6,699
27 years$42,289$31,462$23,049$16,665$11,918$5,847
28 years$40,341$29,647$21,427$15,269$10,754$5,106
29 years$38,530$27,968$19,940$14,002$9,711$4,461
30 years$36,844$26,413$18,573$12,850$8,774$3,899
31 years$35,269$24,969$17,315$11,802$7,933$3,409
32 years$33,796$23,626$16,156$10,846$7,176$2,981
33 years$32,414$22,374$15,085$9,974$6,494$2,608
34 years$31,117$21,205$14,094$9,177$5,880$2,282
35 years$29,897$20,113$13,177$8,448$5,325$1,997
36 years$28,747$19,090$12,327$7,780$4,825$1,748
37 years$27,662$18,131$11,538$7,168$4,373$1,531
38 years$26,636$17,231$10,805$6,607$3,965$1,340
39 years$25,665$16,385$10,123$6,092$3,595$1,174
40 years$24,746$15,589$9,488$5,619$3,261$1,028
41 years$23,873$14,839$8,897$5,184$2,959$900
42 years$23,044$14,133$8,345$4,785$2,685$789
43 years$22,256$13,465$7,831$4,417$2,436$691
44 years$21,505$12,835$7,351$4,078$2,212$605
45 years$20,790$12,240$6,902$3,766$2,008$530
46 years$20,109$11,676$6,483$3,479$1,823$465
47 years$19,458$11,143$6,090$3,214$1,655$407
48 years$18,836$10,637$5,723$2,970$1,503$357
49 years$18,241$10,158$5,379$2,745$1,365$312
50 years$17,672$9,703$5,058$2,537$1,240$274

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $18,100,000, adding $2,831 every year, while hoping to spend $21,690 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: 25/48/27 Blend
56$18,100,000$18,100,000$18,100,000$18,100,000
57$19,949,120$18,989,820$18,709,270$20,278,296
58$21,960,852$19,897,243$19,312,953$21,459,398
59$24,177,054$20,848,403$19,936,132$22,722,827
60$26,618,559$21,845,420$20,579,437$24,077,034
61$29,308,324$22,890,518$21,243,520$25,529,645
62$32,271,647$23,986,027$21,929,052$27,088,992
63$35,536,406$25,134,393$22,636,726$28,764,179
64$39,133,321$26,338,180$23,367,258$30,565,161
65$43,096,246$27,600,078$24,121,388$32,502,825
66$47,462,487$28,922,905$24,899,878$34,589,080
67$52,273,152$30,309,618$25,703,515$36,836,961
68$57,573,544$31,763,320$26,533,113$39,260,738
69$63,413,584$33,287,262$27,389,512$41,876,036
70$69,848,286$34,884,854$28,273,577$44,699,969
71$76,938,274$36,559,674$29,186,204$47,751,291
72$84,750,352$38,315,472$30,128,316$51,050,553
73$93,358,139$40,156,182$31,100,866$54,620,283
74$102,842,764$42,085,929$32,104,839$58,485,184
75$113,293,626$44,109,040$33,141,251$62,672,348
76$124,809,244$46,230,051$34,211,152$67,211,495
77$137,498,185$48,453,722$35,315,623$72,135,232
78$151,480,087$50,785,042$36,455,784$77,479,345
79$166,886,792$53,229,245$37,632,789$83,283,112
80$183,863,586$55,791,820$38,847,829$89,589,659
81$202,570,576$58,478,522$40,102,135$96,446,334
82$223,184,194$61,295,389$41,396,976$103,905,140
83$245,898,871$64,248,753$42,733,664$112,023,196
84$270,928,867$67,345,253$44,113,553$120,863,252
85$298,510,294$70,591,853$45,538,040$130,494,254
86$328,903,348$73,995,857$47,008,567$140,991,965
87$362,394,760$77,564,925$48,526,625$152,439,654
88$399,300,510$81,307,090$50,093,751$164,928,845
89$439,968,802$85,230,778$51,711,533$178,560,156
90$484,783,360$89,344,826$53,381,608$193,444,208
91$534,167,040$93,658,501$55,105,670$209,702,639
92$588,585,834$98,181,522$56,885,466$227,469,209
93$648,553,257$102,924,085$58,722,797$246,891,028
94$714,635,205$107,896,882$60,619,527$268,129,905
95$787,455,292$113,111,125$62,577,577$291,363,828
96$867,700,738$118,578,575$64,598,931$316,788,601
97$956,128,856$124,311,569$66,685,639$344,619,647
98$1,053,574,206$130,323,042$68,839,814$375,093,991
99$1,160,956,468$136,626,564$71,063,641$408,472,447
100$1,279,289,128$143,236,366$73,359,373$445,042,026