Can I retire at age 65 with 18,000,000?

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 $18,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$1,486,423$1,473,183$1,460,265$1,447,657$1,435,345$1,389,399
2 years$735,853$722,148$708,867$695,989$683,498$637,631
3 years$485,696$471,932$458,684$445,927$433,639$389,292
4 years$360,642$346,920$333,804$321,265$309,275$266,787
5 years$285,629$271,990$259,046$246,762$235,106$194,591
6 years$235,636$222,100$209,347$197,338$186,031$147,523
7 years$199,942$186,519$173,969$162,242$151,293$114,788
8 years$173,183$159,881$147,539$136,101$125,512$90,985
9 years$152,381$139,205$127,076$115,928$105,700$73,110
10 years$135,750$122,703$110,787$99,931$90,061$59,361
11 years$122,151$109,235$97,535$86,970$77,456$48,588
12 years$110,827$98,044$86,560$76,284$67,122$40,024
13 years$101,253$88,603$77,336$67,348$58,531$33,138
14 years$93,053$80,537$69,487$59,784$51,308$27,549
15 years$85,953$73,572$62,737$53,317$45,176$22,980
16 years$79,747$67,501$56,880$47,739$39,926$19,222
17 years$74,276$62,166$51,759$42,893$35,402$16,114
18 years$69,419$57,444$47,249$38,655$31,477$13,535
19 years$65,078$53,239$43,254$34,929$28,057$11,386
20 years$61,176$49,472$39,697$31,634$25,061$9,590
21 years$57,651$46,081$36,513$28,710$22,426$8,087
22 years$54,450$43,015$33,653$26,104$20,102$6,826
23 years$51,531$40,231$31,072$23,774$18,045$5,765
24 years$48,860$37,694$28,737$21,683$16,219$4,873
25 years$46,407$35,374$26,616$19,802$14,595$4,121
26 years$44,146$33,246$24,685$18,106$13,146$3,486
27 years$42,055$31,288$22,922$16,573$11,853$2,951
28 years$40,118$29,483$21,309$15,184$10,695$2,498
29 years$38,318$27,814$19,830$13,924$9,657$2,116
30 years$36,640$26,267$18,471$12,779$8,726$1,792
31 years$35,074$24,831$17,220$11,737$7,889$1,518
32 years$33,609$23,495$16,066$10,786$7,136$1,287
33 years$32,235$22,250$15,001$9,919$6,458$1,090
34 years$30,945$21,088$14,016$9,126$5,847$924
35 years$29,732$20,002$13,104$8,401$5,296$784
36 years$28,588$18,985$12,259$7,737$4,798$664
37 years$27,509$18,031$11,474$7,129$4,349$563
38 years$26,489$17,136$10,745$6,571$3,943$478
39 years$25,524$16,295$10,067$6,059$3,575$405
40 years$24,609$15,503$9,436$5,588$3,243$343
41 years$23,741$14,757$8,848$5,156$2,942$291
42 years$22,917$14,054$8,299$4,758$2,670$247
43 years$22,133$13,391$7,788$4,392$2,423$209
44 years$21,387$12,764$7,310$4,056$2,199$178
45 years$20,676$12,172$6,864$3,745$1,997$151
46 years$19,997$11,612$6,447$3,460$1,813$128
47 years$19,350$11,081$6,057$3,196$1,646$108
48 years$18,732$10,578$5,692$2,954$1,495$92
49 years$18,140$10,102$5,350$2,730$1,358$78
50 years$17,574$9,650$5,030$2,523$1,233$66

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $18,000,000, adding $4,266 every year, while hoping to spend $32,189 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: 82/7/11 Blend
64$18,000,000$18,000,000$18,000,000$18,000,000
65$19,840,400$18,886,400$18,607,400$21,430,391
66$21,829,872$19,777,585$19,196,499$23,364,076
67$24,021,192$20,711,359$19,804,254$25,481,998
68$26,434,913$21,689,775$20,431,257$27,806,359
69$29,093,685$22,714,986$21,078,115$30,357,856
70$32,022,469$23,789,248$21,745,460$33,159,280
71$35,248,767$24,914,927$22,433,939$36,235,731
72$38,802,888$26,094,505$23,144,222$39,614,856
73$42,718,229$27,330,583$23,877,001$43,327,104
74$47,031,595$28,625,888$24,632,987$47,406,014
75$51,783,542$29,983,280$25,412,916$51,888,528
76$57,018,761$31,405,759$26,217,546$56,815,338
77$62,786,501$32,896,467$27,047,660$62,231,266
78$69,141,033$34,458,703$27,904,066$68,185,689
79$76,142,162$36,095,924$28,787,596$74,732,997
80$83,855,792$37,811,753$29,699,110$81,933,107
81$92,354,547$39,609,993$30,639,494$89,852,025
82$101,718,456$41,494,629$31,609,663$98,562,466
83$112,035,713$43,469,839$32,610,561$108,144,540
84$123,403,502$45,540,008$33,643,161$118,686,498
85$135,928,920$47,709,729$34,708,467$130,285,570
86$149,729,986$49,983,821$35,807,517$143,048,873
87$164,936,754$52,367,339$36,941,379$157,094,424
88$181,692,544$54,865,579$38,111,155$172,552,246
89$200,155,289$57,484,099$39,317,985$189,565,591
90$220,499,033$60,228,724$40,563,042$208,292,294
91$242,915,568$63,105,565$41,847,538$228,906,252
92$267,616,247$66,121,029$43,172,722$251,599,066
93$294,833,979$69,281,834$44,539,882$276,581,840
94$324,825,428$72,595,026$45,950,351$304,087,175
95$357,873,433$76,067,994$47,405,499$334,371,356
96$394,289,682$79,708,485$48,906,743$367,716,767
97$434,417,653$83,524,624$50,455,542$404,434,549
98$478,635,856$87,524,933$52,053,405$444,867,538
99$527,361,405$91,718,347$53,701,886$489,393,487
100$581,053,958$96,114,235$55,402,589$538,428,633