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%12.5%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,428,246
2 years$739,941$726,160$712,805$699,855$687,295$672,116
3 years$488,394$474,554$461,232$448,404$436,048$421,234
4 years$362,645$348,847$335,659$323,050$310,993$296,658
5 years$287,216$273,501$260,485$248,133$236,412$222,598
6 years$236,946$223,334$210,510$198,434$187,065$173,789
7 years$201,052$187,555$174,935$163,144$152,134$139,401
8 years$174,145$160,770$148,359$136,857$126,210$114,020
9 years$153,228$139,979$127,782$116,572$106,287$94,636
10 years$136,504$123,384$111,403$100,486$90,562$79,442
11 years$122,830$109,842$98,077$87,453$77,886$67,288
12 years$111,443$98,588$87,041$76,708$67,494$57,407
13 years$101,815$89,095$77,765$67,722$58,856$49,269
14 years$93,570$80,985$69,873$60,116$51,593$42,491
15 years$86,431$73,981$63,086$53,613$45,427$36,797
16 years$80,190$67,876$57,196$48,004$40,148$31,976
17 years$74,689$62,512$52,046$43,132$35,598$27,869
18 years$69,805$57,763$47,512$38,870$31,652$24,350
19 years$65,440$53,535$43,495$35,123$28,212$21,321
20 years$61,516$49,747$39,917$31,810$25,200$18,704
21 years$57,971$46,337$36,716$28,870$22,551$16,434
22 years$54,752$43,254$33,840$26,249$20,214$14,460
23 years$51,818$40,455$31,245$23,906$18,145$12,739
24 years$49,132$37,903$28,896$21,803$16,309$11,235
25 years$46,665$35,571$26,764$19,912$14,676$9,917
26 years$44,391$33,431$24,822$18,207$13,219$8,761
27 years$42,289$31,462$23,049$16,665$11,918$7,745
28 years$40,341$29,647$21,427$15,269$10,754$6,852
29 years$38,530$27,968$19,940$14,002$9,711$6,065
30 years$36,844$26,413$18,573$12,850$8,774$5,370
31 years$35,269$24,969$17,315$11,802$7,933$4,758
32 years$33,796$23,626$16,156$10,846$7,176$4,217
33 years$32,414$22,374$15,085$9,974$6,494$3,738
34 years$31,117$21,205$14,094$9,177$5,880$3,315
35 years$29,897$20,113$13,177$8,448$5,325$2,941
36 years$28,747$19,090$12,327$7,780$4,825$2,609
37 years$27,662$18,131$11,538$7,168$4,373$2,316
38 years$26,636$17,231$10,805$6,607$3,965$2,055
39 years$25,665$16,385$10,123$6,092$3,595$1,825
40 years$24,746$15,589$9,488$5,619$3,261$1,620
41 years$23,873$14,839$8,897$5,184$2,959$1,439
42 years$23,044$14,133$8,345$4,785$2,685$1,278
43 years$22,256$13,465$7,831$4,417$2,436$1,135
44 years$21,505$12,835$7,351$4,078$2,212$1,008
45 years$20,790$12,240$6,902$3,766$2,008$895
46 years$20,109$11,676$6,483$3,479$1,823$795
47 years$19,458$11,143$6,090$3,214$1,655$707
48 years$18,836$10,637$5,723$2,970$1,503$628
49 years$18,241$10,158$5,379$2,745$1,365$558
50 years$17,672$9,703$5,058$2,537$1,240$496

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 $4,592 every year, while hoping to spend $32,164 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: 21/50/29 Blend
58$18,100,000$18,100,000$18,100,000$18,100,000
59$19,950,937$18,991,637$18,711,087$20,185,889
60$21,951,710$19,888,005$19,303,686$21,298,831
61$24,155,484$20,827,217$19,915,059$22,484,743
62$26,582,931$21,811,338$20,545,801$23,751,779
63$29,256,831$22,842,534$21,196,526$25,106,532
64$32,202,286$23,923,076$21,867,868$26,556,190
65$35,446,956$25,055,344$22,560,479$28,108,600
66$39,021,324$26,241,835$23,275,033$29,772,327
67$42,958,979$27,485,165$24,012,227$31,556,726
68$47,296,936$28,788,078$24,772,777$33,472,017
69$52,075,982$30,153,453$25,557,424$35,529,370
70$57,341,066$31,584,306$26,366,932$37,740,999
71$63,141,719$33,083,801$27,202,088$40,120,262
72$69,532,522$34,655,255$28,063,706$42,681,774
73$76,573,623$36,302,146$28,952,623$45,441,529
74$84,331,303$38,028,122$29,869,707$48,417,038
75$92,878,602$39,837,006$30,815,848$51,627,479
76$102,296,009$41,732,809$31,791,969$55,093,858
77$112,672,221$43,719,736$32,799,019$58,839,190
78$124,104,980$45,802,195$33,837,978$62,888,703
79$136,701,997$47,984,812$34,909,859$67,270,051
80$150,581,966$50,272,433$36,015,705$72,013,557
81$165,875,687$52,670,143$37,156,592$77,152,481
82$182,727,300$55,183,273$38,333,631$82,723,310
83$201,295,646$57,817,414$39,547,968$88,766,077
84$221,755,762$60,578,428$40,800,786$95,324,720
85$244,300,541$63,472,463$42,093,304$102,447,467
86$269,142,547$66,505,964$43,426,780$110,187,268
87$296,516,023$69,685,692$44,802,513$118,602,268
88$326,679,103$73,018,737$46,221,843$127,756,323
89$359,916,248$76,512,532$47,686,152$137,719,576
90$396,540,932$80,174,873$49,196,865$148,569,089
91$436,898,601$84,013,935$50,755,453$160,389,533
92$481,369,932$88,038,292$52,363,435$173,273,957
93$530,374,431$92,256,934$54,022,376$187,324,627
94$584,374,389$96,679,289$55,733,891$202,653,957
95$643,879,248$101,315,246$57,499,648$219,385,526
96$709,450,411$106,175,173$59,321,366$237,655,210
97$781,706,540$111,269,943$61,200,819$257,612,414
98$861,329,398$116,610,962$63,139,837$279,421,442
99$949,070,285$122,210,187$65,140,310$303,262,998
100$1,045,757,129$128,080,161$67,204,185$329,335,844