Can I retire at age 65 with 17,800,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $17,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,385,646
2 years$727,677$714,125$700,990$688,256$675,903$642,097
3 years$480,299$466,688$453,587$440,972$428,821$396,016
4 years$356,634$343,065$330,095$317,696$305,839$274,288
5 years$282,455$268,967$256,167$244,021$232,494$202,285
6 years$233,018$219,632$207,021$195,145$183,964$155,128
7 years$197,720$184,447$172,036$160,440$149,612$122,152
8 years$171,259$158,105$145,900$134,589$124,118$98,023
9 years$150,688$137,659$125,664$114,640$104,525$79,775
10 years$134,242$121,339$109,556$98,821$89,061$65,628
11 years$120,794$108,021$96,452$86,004$76,595$54,447
12 years$109,596$96,954$85,598$75,437$66,376$45,475
13 years$100,128$87,618$76,477$66,599$57,881$38,188
14 years$92,019$79,643$68,715$59,119$50,738$32,211
15 years$84,998$72,755$62,040$52,724$44,674$27,268
16 years$78,861$66,751$56,248$47,209$39,483$23,154
17 years$73,451$61,475$51,184$42,417$35,008$19,711
18 years$68,648$56,806$46,724$38,226$31,128$16,815
19 years$64,355$52,647$42,774$34,540$27,745$14,370
20 years$60,497$48,922$39,256$31,283$24,782$12,299
21 years$57,010$45,569$36,108$28,391$22,177$10,540
22 years$53,845$42,537$33,279$25,814$19,879$9,043
23 years$50,959$39,784$30,727$23,510$17,844$7,765
24 years$48,317$37,275$28,417$21,442$16,039$6,673
25 years$45,891$34,981$26,320$19,582$14,433$5,739
26 years$43,655$32,876$24,411$17,905$13,000$4,938
27 years$41,588$30,941$22,667$16,389$11,721$4,251
28 years$39,672$29,155$21,072$15,016$10,576$3,662
29 years$37,892$27,505$19,610$13,770$9,550$3,155
30 years$36,233$25,975$18,266$12,637$8,629$2,719
31 years$34,684$24,555$17,028$11,606$7,801$2,344
32 years$33,235$23,234$15,888$10,666$7,057$2,021
33 years$31,877$22,003$14,835$9,809$6,386$1,743
34 years$30,602$20,854$13,861$9,025$5,782$1,504
35 years$29,401$19,780$12,959$8,308$5,237$1,297
36 years$28,271$18,774$12,122$7,651$4,745$1,119
37 years$27,203$17,831$11,346$7,050$4,301$966
38 years$26,195$16,946$10,625$6,498$3,899$834
39 years$25,240$16,114$9,955$5,991$3,536$720
40 years$24,335$15,331$9,331$5,526$3,207$621
41 years$23,477$14,593$8,749$5,099$2,909$536
42 years$22,662$13,898$8,207$4,705$2,640$463
43 years$21,887$13,242$7,701$4,344$2,396$400
44 years$21,149$12,623$7,229$4,011$2,175$345
45 years$20,446$12,037$6,788$3,704$1,974$298
46 years$19,775$11,483$6,375$3,421$1,793$257
47 years$19,135$10,958$5,989$3,161$1,628$222
48 years$18,524$10,461$5,628$2,921$1,478$192
49 years$17,939$9,990$5,290$2,699$1,343$166
50 years$17,379$9,542$4,974$2,495$1,220$143

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $17,800,000, adding $5,878 every year, while hoping to spend $58,788 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: 44/47/9 Blend
64$17,800,000$17,800,000$17,800,000$17,800,000
65$19,621,663$18,678,263$18,402,363$20,434,362
66$21,560,523$19,530,948$18,956,292$21,851,266
67$23,695,176$20,423,444$19,526,808$23,379,550
68$26,045,531$21,357,640$20,114,403$25,034,576
69$28,633,526$22,335,516$20,719,587$26,828,005
70$31,483,334$23,359,144$21,342,881$28,772,628
71$34,621,592$24,430,700$21,984,826$30,882,485
72$38,077,652$25,552,462$22,645,974$33,172,981
73$41,883,856$26,726,816$23,326,898$35,661,030
74$46,075,845$27,956,266$24,028,185$38,365,201
75$50,692,892$29,243,433$24,750,440$41,305,886
76$55,778,272$30,591,067$25,494,285$44,505,483
77$61,379,675$32,002,049$26,260,363$47,988,595
78$67,549,650$33,479,397$27,049,333$51,782,251
79$74,346,103$35,026,276$27,861,874$55,916,155
80$81,832,846$36,646,004$28,698,687$60,422,946
81$90,080,195$38,342,056$29,560,492$65,338,502
82$99,165,636$40,118,078$30,448,029$70,702,260
83$109,174,555$41,977,889$31,362,063$76,557,576
84$120,201,046$43,925,492$32,303,379$82,952,121
85$132,348,796$45,965,085$33,272,785$89,938,315
86$145,732,065$48,101,065$34,271,115$97,573,809
87$160,476,763$50,338,045$35,299,225$105,922,006
88$176,721,642$52,680,858$36,357,998$115,052,649
89$194,619,600$55,134,570$37,448,341$125,042,460
90$214,339,128$57,704,494$38,571,190$135,975,841
91$236,065,901$60,396,196$39,727,507$147,945,657
92$260,004,527$63,215,513$40,918,282$161,054,089
93$286,380,479$66,168,563$42,144,535$175,413,577
94$315,442,226$69,261,761$43,407,315$191,147,856
95$347,463,576$72,501,831$44,707,703$208,393,109
96$382,746,261$75,895,820$46,046,811$227,299,216
97$421,622,783$79,451,119$47,425,783$248,031,152
98$464,459,557$83,175,474$48,845,797$270,770,514
99$511,660,367$87,077,007$50,308,066$295,717,206
100$563,670,176$91,164,232$51,813,838$323,091,295