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%14.8%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,414,756
2 years$739,941$726,160$712,805$699,855$687,295$658,639
3 years$488,394$474,554$461,232$448,404$436,048$408,193
4 years$362,645$348,847$335,659$323,050$310,993$284,153
5 years$287,216$273,501$260,485$248,133$236,412$210,663
6 years$236,946$223,334$210,510$198,434$187,065$162,435
7 years$201,052$187,555$174,935$163,144$152,134$128,630
8 years$174,145$160,770$148,359$136,857$126,210$103,824
9 years$153,228$139,979$127,782$116,572$106,287$85,005
10 years$136,504$123,384$111,403$100,486$90,562$70,363
11 years$122,830$109,842$98,077$87,453$77,886$58,747
12 years$111,443$98,588$87,041$76,708$67,494$49,387
13 years$101,815$89,095$77,765$67,722$58,856$41,751
14 years$93,570$80,985$69,873$60,116$51,593$35,457
15 years$86,431$73,981$63,086$53,613$45,427$30,226
16 years$80,190$67,876$57,196$48,004$40,148$25,848
17 years$74,689$62,512$52,046$43,132$35,598$22,163
18 years$69,805$57,763$47,512$38,870$31,652$19,046
19 years$65,440$53,535$43,495$35,123$28,212$16,398
20 years$61,516$49,747$39,917$31,810$25,200$14,141
21 years$57,971$46,337$36,716$28,870$22,551$12,212
22 years$54,752$43,254$33,840$26,249$20,214$10,558
23 years$51,818$40,455$31,245$23,906$18,145$9,138
24 years$49,132$37,903$28,896$21,803$16,309$7,915
25 years$46,665$35,571$26,764$19,912$14,676$6,861
26 years$44,391$33,431$24,822$18,207$13,219$5,952
27 years$42,289$31,462$23,049$16,665$11,918$5,165
28 years$40,341$29,647$21,427$15,269$10,754$4,485
29 years$38,530$27,968$19,940$14,002$9,711$3,896
30 years$36,844$26,413$18,573$12,850$8,774$3,386
31 years$35,269$24,969$17,315$11,802$7,933$2,943
32 years$33,796$23,626$16,156$10,846$7,176$2,559
33 years$32,414$22,374$15,085$9,974$6,494$2,226
34 years$31,117$21,205$14,094$9,177$5,880$1,936
35 years$29,897$20,113$13,177$8,448$5,325$1,684
36 years$28,747$19,090$12,327$7,780$4,825$1,466
37 years$27,662$18,131$11,538$7,168$4,373$1,276
38 years$26,636$17,231$10,805$6,607$3,965$1,110
39 years$25,665$16,385$10,123$6,092$3,595$967
40 years$24,746$15,589$9,488$5,619$3,261$841
41 years$23,873$14,839$8,897$5,184$2,959$733
42 years$23,044$14,133$8,345$4,785$2,685$638
43 years$22,256$13,465$7,831$4,417$2,436$555
44 years$21,505$12,835$7,351$4,078$2,212$484
45 years$20,790$12,240$6,902$3,766$2,008$421
46 years$20,109$11,676$6,483$3,479$1,823$367
47 years$19,458$11,143$6,090$3,214$1,655$319
48 years$18,836$10,637$5,723$2,970$1,503$278
49 years$18,241$10,158$5,379$2,745$1,365$242
50 years$17,672$9,703$5,058$2,537$1,240$211

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 $6,535 every year, while hoping to spend $47,431 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: 44/37/19 Blend
56$18,100,000$18,100,000$18,100,000$18,100,000
57$19,952,941$18,993,641$18,713,091$20,720,912
58$21,937,675$19,873,863$19,289,513$22,142,068
59$24,123,262$20,795,626$19,883,656$23,676,359
60$26,530,139$21,760,916$20,496,063$25,338,433
61$29,180,826$22,771,814$21,127,294$27,140,127
62$32,100,138$23,830,501$21,777,926$29,094,433
63$35,315,421$24,939,265$22,448,555$31,215,617
64$38,856,806$26,100,501$23,139,794$33,519,338
65$42,757,497$27,316,723$23,852,275$36,022,797
66$47,054,084$28,590,564$24,586,648$38,744,884
67$51,786,886$29,924,787$25,343,586$41,706,355
68$57,000,332$31,322,285$26,123,780$44,930,010
69$62,743,381$32,786,093$26,927,942$48,440,907
70$69,069,986$34,319,391$27,756,808$52,266,585
71$76,039,598$35,925,514$28,611,134$56,437,315
72$83,717,731$37,607,959$29,491,701$60,986,373
73$92,176,580$39,370,389$30,399,313$65,950,345
74$101,495,700$41,216,647$31,334,799$71,369,460
75$111,762,759$43,150,760$32,299,013$77,287,958
76$123,074,364$45,176,952$33,292,834$83,754,494
77$135,536,976$47,299,649$34,317,170$90,822,584
78$149,267,908$49,523,492$35,372,956$98,551,097
79$164,396,439$51,853,348$36,461,154$107,004,795
80$181,065,031$54,294,317$37,582,759$116,254,931
81$199,430,675$56,851,749$38,738,792$126,379,903
82$219,666,370$59,531,251$39,930,307$137,465,979
83$241,962,760$62,338,703$41,158,393$149,608,094
84$266,529,930$65,280,267$42,424,167$162,910,726
85$293,599,390$68,362,408$43,728,784$177,488,865
86$323,426,263$71,591,901$45,073,433$193,469,079
87$356,291,688$74,975,851$46,459,340$210,990,685
88$392,505,480$78,521,706$47,887,767$230,207,046
89$432,409,047$82,237,278$49,360,015$251,286,990
90$476,378,620$86,130,755$50,877,426$274,416,386
91$524,828,801$90,210,724$52,441,382$299,799,872
92$578,216,477$94,486,187$54,053,306$327,662,756
93$637,045,132$98,966,585$55,714,667$358,253,121
94$701,869,603$103,661,816$57,426,976$391,844,135
95$773,301,316$108,582,258$59,191,792$428,736,600
96$852,014,055$113,738,793$61,010,722$469,261,760
97$938,750,327$119,142,833$62,885,420$513,784,397
98$1,034,328,370$124,806,342$64,817,592$562,706,237
99$1,139,649,878$130,741,866$66,808,995$616,469,708
100$1,255,708,510$136,962,562$68,861,440$675,562,078