Can I retire at age 59 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%16.7%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,403,874
2 years$739,941$726,160$712,805$699,855$687,295$647,842
3 years$488,394$474,554$461,232$448,404$436,048$397,823
4 years$362,645$348,847$335,659$323,050$310,993$274,290
5 years$287,216$273,501$260,485$248,133$236,412$201,331
6 years$236,946$223,334$210,510$198,434$187,065$153,640
7 years$201,052$187,555$174,935$163,144$152,134$120,366
8 years$174,145$160,770$148,359$136,857$126,210$96,082
9 years$153,228$139,979$127,782$116,572$106,287$77,772
10 years$136,504$123,384$111,403$100,486$90,562$63,622
11 years$122,830$109,842$98,077$87,453$77,886$52,480
12 years$111,443$98,588$87,041$76,708$67,494$43,574
13 years$101,815$89,095$77,765$67,722$58,856$36,371
14 years$93,570$80,985$69,873$60,116$51,593$30,489
15 years$86,431$73,981$63,086$53,613$45,427$25,649
16 years$80,190$67,876$57,196$48,004$40,148$21,640
17 years$74,689$62,512$52,046$43,132$35,598$18,301
18 years$69,805$57,763$47,512$38,870$31,652$15,509
19 years$65,440$53,535$43,495$35,123$28,212$13,165
20 years$61,516$49,747$39,917$31,810$25,200$11,191
21 years$57,971$46,337$36,716$28,870$22,551$9,525
22 years$54,752$43,254$33,840$26,249$20,214$8,115
23 years$51,818$40,455$31,245$23,906$18,145$6,919
24 years$49,132$37,903$28,896$21,803$16,309$5,904
25 years$46,665$35,571$26,764$19,912$14,676$5,041
26 years$44,391$33,431$24,822$18,207$13,219$4,306
27 years$42,289$31,462$23,049$16,665$11,918$3,680
28 years$40,341$29,647$21,427$15,269$10,754$3,147
29 years$38,530$27,968$19,940$14,002$9,711$2,691
30 years$36,844$26,413$18,573$12,850$8,774$2,302
31 years$35,269$24,969$17,315$11,802$7,933$1,970
32 years$33,796$23,626$16,156$10,846$7,176$1,686
33 years$32,414$22,374$15,085$9,974$6,494$1,443
34 years$31,117$21,205$14,094$9,177$5,880$1,236
35 years$29,897$20,113$13,177$8,448$5,325$1,058
36 years$28,747$19,090$12,327$7,780$4,825$906
37 years$27,662$18,131$11,538$7,168$4,373$776
38 years$26,636$17,231$10,805$6,607$3,965$665
39 years$25,665$16,385$10,123$6,092$3,595$569
40 years$24,746$15,589$9,488$5,619$3,261$488
41 years$23,873$14,839$8,897$5,184$2,959$418
42 years$23,044$14,133$8,345$4,785$2,685$358
43 years$22,256$13,465$7,831$4,417$2,436$307
44 years$21,505$12,835$7,351$4,078$2,212$263
45 years$20,790$12,240$6,902$3,766$2,008$225
46 years$20,109$11,676$6,483$3,479$1,823$193
47 years$19,458$11,143$6,090$3,214$1,655$165
48 years$18,836$10,637$5,723$2,970$1,503$142
49 years$18,241$10,158$5,379$2,745$1,365$121
50 years$17,672$9,703$5,058$2,537$1,240$104

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $18,100,000, adding $4,516 every year, while hoping to spend $38,125 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: 74/8/18 Blend
58$18,100,000$18,100,000$18,100,000$18,100,000
59$19,950,858$18,991,558$18,711,008$21,343,708
60$21,945,281$19,881,580$19,297,262$23,157,735
61$24,141,857$20,813,935$19,901,878$25,139,828
62$26,561,166$21,790,657$20,525,431$27,310,805
63$29,225,885$22,813,879$21,168,512$29,689,447
64$32,161,003$23,885,837$21,831,735$32,296,435
65$35,394,056$25,008,874$22,515,729$35,154,537
66$38,955,389$26,185,447$23,221,145$38,288,827
67$42,878,438$27,418,134$23,948,653$41,726,912
68$47,200,051$28,709,635$24,698,945$45,499,196
69$51,960,831$30,062,781$25,472,734$49,639,161
70$57,205,521$31,480,543$26,270,756$54,183,679
71$62,983,426$32,966,032$27,093,769$59,173,362
72$69,348,882$34,522,514$27,942,556$64,652,937
73$76,361,759$36,153,408$28,817,923$70,671,666
74$84,088,038$37,862,305$29,720,703$77,283,810
75$92,600,425$39,652,965$30,651,753$84,549,135
76$101,979,040$41,529,332$31,611,959$92,533,474
77$112,312,175$43,495,543$32,602,233$101,309,344
78$123,697,126$45,555,933$33,623,517$110,956,625
79$136,241,108$47,715,049$34,676,780$121,563,314
80$150,062,273$49,977,658$35,763,024$133,226,347
81$165,290,821$52,348,759$36,883,281$146,052,510
82$182,070,230$54,833,593$38,038,616$160,159,446
83$200,558,610$57,437,657$39,230,127$175,676,756
84$220,930,198$60,166,711$40,458,945$192,747,221
85$243,376,998$63,026,800$41,726,240$211,528,140
86$268,110,596$66,024,258$43,033,214$232,192,815
87$295,364,160$69,165,730$44,381,110$254,932,178
88$325,394,636$72,458,182$45,771,208$279,956,584
89$358,485,175$75,908,919$47,204,830$307,497,800
90$394,947,808$79,525,601$48,683,336$337,811,174
91$435,126,389$83,316,260$50,208,133$371,178,051
92$479,399,844$87,289,320$51,780,669$407,908,411
93$528,185,744$91,453,613$53,402,437$448,343,796
94$581,944,250$95,818,400$55,074,979$492,860,522
95$641,182,455$100,393,393$56,799,883$541,873,225
96$706,459,174$105,188,778$58,578,787$595,838,766
97$778,390,216$110,215,235$60,413,383$655,260,535
98$857,654,199$115,483,962$62,305,412$720,693,197
99$944,998,956$121,006,704$64,256,672$792,747,916
100$1,041,248,594$126,795,778$66,269,015$872,098,112