Can I retire at age 57 with 18,200,000?

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 $18,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,420,829
2 years$744,029$730,172$716,743$703,722$691,092$660,544
3 years$491,092$477,176$463,780$450,882$438,457$408,778
4 years$364,649$350,775$337,513$324,835$312,711$284,129
5 years$288,802$275,012$261,924$249,504$237,718$210,314
6 years$238,255$224,568$211,674$199,531$188,098$161,902
7 years$202,163$188,592$175,902$164,045$152,974$127,991
8 years$175,107$161,658$149,179$137,613$126,907$103,129
9 years$154,074$140,752$128,487$117,216$106,874$84,284
10 years$137,258$124,066$112,018$101,041$91,062$69,638
11 years$123,508$110,449$98,619$87,936$78,316$58,031
12 years$112,059$99,133$87,522$77,132$67,867$48,690
13 years$102,378$89,587$78,195$68,096$59,182$41,079
14 years$94,087$81,432$70,259$60,448$51,878$34,816
15 years$86,908$74,390$63,434$53,909$45,678$29,618
16 years$80,633$68,251$57,512$48,270$40,370$25,274
17 years$75,102$62,857$52,334$43,370$35,795$21,624
18 years$70,190$58,083$47,774$39,085$31,827$18,542
19 years$65,801$53,830$43,735$35,317$28,368$15,929
20 years$61,856$50,022$40,138$31,986$25,339$13,706
21 years$58,291$46,593$36,919$29,029$22,676$11,809
22 years$55,055$43,493$34,027$26,394$20,325$10,186
23 years$52,104$40,678$31,417$24,038$18,245$8,795
24 years$49,403$38,113$29,056$21,924$16,399$7,600
25 years$46,922$35,767$26,912$20,022$14,757$6,573
26 years$44,636$33,615$24,959$18,307$13,292$5,688
27 years$42,523$31,636$23,177$16,757$11,984$4,924
28 years$40,564$29,810$21,546$15,353$10,814$4,265
29 years$38,743$28,123$20,050$14,079$9,764$3,696
30 years$37,047$26,559$18,676$12,921$8,823$3,204
31 years$35,464$25,107$17,411$11,867$7,977$2,778
32 years$33,982$23,756$16,245$10,906$7,215$2,410
33 years$32,594$22,498$15,168$10,029$6,530$2,090
34 years$31,289$21,323$14,172$9,228$5,912$1,814
35 years$30,062$20,224$13,250$8,494$5,355$1,574
36 years$28,906$19,196$12,395$7,823$4,852$1,366
37 years$27,815$18,231$11,601$7,208$4,397$1,186
38 years$26,783$17,326$10,864$6,644$3,987$1,030
39 years$25,807$16,476$10,179$6,126$3,615$894
40 years$24,882$15,675$9,540$5,650$3,279$776
41 years$24,005$14,921$8,946$5,213$2,975$674
42 years$23,171$14,211$8,392$4,811$2,699$586
43 years$22,379$13,540$7,874$4,441$2,450$509
44 years$21,624$12,906$7,391$4,101$2,224$442
45 years$20,905$12,307$6,940$3,787$2,019$384
46 years$20,220$11,741$6,518$3,498$1,833$333
47 years$19,565$11,204$6,124$3,232$1,664$289
48 years$18,940$10,696$5,755$2,986$1,511$251
49 years$18,342$10,214$5,409$2,760$1,373$218
50 years$17,770$9,757$5,085$2,551$1,247$190

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $18,200,000, adding $5,389 every year, while hoping to spend $36,156 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: 34/44/22 Blend
56$18,200,000$18,200,000$18,200,000$18,200,000
57$20,061,959$19,097,359$18,815,259$20,609,063
58$22,069,809$19,994,660$19,407,100$21,912,891
59$24,281,248$20,934,716$20,017,557$23,314,242
60$26,717,004$21,919,586$20,647,213$24,824,692
61$29,399,917$22,951,425$21,296,674$26,453,931
62$32,355,158$24,032,494$21,966,562$28,212,576
63$35,610,462$25,165,164$22,657,519$30,112,258
64$39,196,391$26,351,919$23,370,208$32,165,727
65$43,146,625$27,595,366$24,105,313$34,386,960
66$47,498,278$28,898,236$24,863,538$36,791,283
67$52,292,247$30,263,393$25,645,611$39,395,508
68$57,573,598$31,693,842$26,452,281$42,218,077
69$63,391,995$33,192,730$27,284,322$45,279,227
70$69,802,163$34,763,358$28,142,532$48,601,168
71$76,864,411$36,409,190$29,027,733$52,208,281
72$84,645,194$38,133,854$29,940,776$56,127,335
73$93,217,747$39,941,155$30,882,535$60,387,724
74$102,662,770$41,835,085$31,853,913$65,021,732
75$113,069,196$43,819,827$32,855,842$70,064,824
76$124,535,023$45,899,768$33,889,282$75,555,962
77$137,168,248$48,079,509$34,955,225$81,537,958
78$151,087,876$50,363,872$36,054,693$88,057,860
79$166,425,054$52,757,916$37,188,739$95,167,380
80$183,324,299$55,266,944$38,358,452$102,923,362
81$201,944,870$57,896,517$39,564,952$111,388,297
82$222,462,267$60,652,466$40,809,398$120,630,898
83$245,069,887$63,540,905$42,092,981$130,726,720
84$269,980,852$66,568,247$43,416,933$141,758,855
85$297,430,023$69,741,214$44,782,524$153,818,692
86$327,676,208$73,066,857$46,191,062$167,006,754
87$361,004,618$76,552,569$47,643,898$181,433,622
88$397,729,546$80,206,102$49,142,426$197,220,953
89$438,197,344$84,035,586$50,688,082$214,502,595
90$482,789,688$88,049,545$52,282,348$233,425,827
91$531,927,182$92,256,918$53,926,752$254,152,715
92$586,073,328$96,667,081$55,622,872$276,861,609
93$645,738,903$101,289,863$57,372,333$301,748,794
94$711,486,778$106,135,573$59,176,814$329,030,307
95$783,937,236$111,215,023$61,038,043$358,943,938
96$863,773,822$116,539,547$62,957,806$391,751,438
97$951,749,803$122,121,036$64,937,944$427,740,944
98$1,048,695,272$127,971,955$66,980,354$467,229,664
99$1,155,524,988$134,105,380$69,086,994$510,566,819
100$1,273,247,014$140,535,021$71,259,886$558,136,898