Can I retire at age 65 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%15.4%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,411,295
2 years$739,941$726,160$712,805$699,855$687,295$655,197
3 years$488,394$474,554$461,232$448,404$436,048$404,879
4 years$362,645$348,847$335,659$323,050$310,993$280,994
5 years$287,216$273,501$260,485$248,133$236,412$207,666
6 years$236,946$223,334$210,510$198,434$187,065$159,602
7 years$201,052$187,555$174,935$163,144$152,134$125,960
8 years$174,145$160,770$148,359$136,857$126,210$101,315
9 years$153,228$139,979$127,782$116,572$106,287$82,653
10 years$136,504$123,384$111,403$100,486$90,562$68,164
11 years$122,830$109,842$98,077$87,453$77,886$56,694
12 years$111,443$98,588$87,041$76,708$67,494$47,476
13 years$101,815$89,095$77,765$67,722$58,856$39,975
14 years$93,570$80,985$69,873$60,116$51,593$33,811
15 years$86,431$73,981$63,086$53,613$45,427$28,703
16 years$80,190$67,876$57,196$48,004$40,148$24,442
17 years$74,689$62,512$52,046$43,132$35,598$20,867
18 years$69,805$57,763$47,512$38,870$31,652$17,853
19 years$65,440$53,535$43,495$35,123$28,212$15,303
20 years$61,516$49,747$39,917$31,810$25,200$13,137
21 years$57,971$46,337$36,716$28,870$22,551$11,293
22 years$54,752$43,254$33,840$26,249$20,214$9,719
23 years$51,818$40,455$31,245$23,906$18,145$8,372
24 years$49,132$37,903$28,896$21,803$16,309$7,218
25 years$46,665$35,571$26,764$19,912$14,676$6,227
26 years$44,391$33,431$24,822$18,207$13,219$5,375
27 years$42,289$31,462$23,049$16,665$11,918$4,643
28 years$40,341$29,647$21,427$15,269$10,754$4,012
29 years$38,530$27,968$19,940$14,002$9,711$3,468
30 years$36,844$26,413$18,573$12,850$8,774$2,999
31 years$35,269$24,969$17,315$11,802$7,933$2,594
32 years$33,796$23,626$16,156$10,846$7,176$2,244
33 years$32,414$22,374$15,085$9,974$6,494$1,942
34 years$31,117$21,205$14,094$9,177$5,880$1,681
35 years$29,897$20,113$13,177$8,448$5,325$1,455
36 years$28,747$19,090$12,327$7,780$4,825$1,260
37 years$27,662$18,131$11,538$7,168$4,373$1,091
38 years$26,636$17,231$10,805$6,607$3,965$944
39 years$25,665$16,385$10,123$6,092$3,595$818
40 years$24,746$15,589$9,488$5,619$3,261$708
41 years$23,873$14,839$8,897$5,184$2,959$614
42 years$23,044$14,133$8,345$4,785$2,685$532
43 years$22,256$13,465$7,831$4,417$2,436$460
44 years$21,505$12,835$7,351$4,078$2,212$399
45 years$20,790$12,240$6,902$3,766$2,008$346
46 years$20,109$11,676$6,483$3,479$1,823$299
47 years$19,458$11,143$6,090$3,214$1,655$259
48 years$18,836$10,637$5,723$2,970$1,503$225
49 years$18,241$10,158$5,379$2,745$1,365$195
50 years$17,672$9,703$5,058$2,537$1,240$169

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $18,100,000, adding $2,515 every year, while hoping to spend $42,057 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: 42/28/30 Blend
64$18,100,000$18,100,000$18,100,000$18,100,000
65$19,948,794$18,989,494$18,708,944$20,611,230
66$21,938,823$19,875,231$19,290,946$21,976,056
67$24,130,425$20,802,960$19,891,034$23,449,061
68$26,544,116$21,774,693$20,509,772$25,043,568
69$29,202,505$22,792,541$21,147,738$26,770,840
70$32,130,501$23,858,717$21,805,528$28,643,242
71$35,355,558$24,975,540$22,483,759$30,674,352
72$38,907,925$26,145,441$23,183,065$32,879,082
73$42,820,935$27,370,969$23,904,099$35,273,812
74$47,131,321$28,654,797$24,647,537$37,876,536
75$51,879,559$29,999,726$25,414,073$40,707,028
76$57,110,255$31,408,693$26,204,425$43,787,018
77$62,872,559$32,884,777$27,019,332$47,140,388
78$69,220,635$34,431,207$27,859,555$50,793,393
79$76,214,171$36,051,366$28,725,880$54,774,894
80$83,918,937$37,748,804$29,619,118$59,116,629
81$92,407,414$39,527,241$30,540,104$63,853,494
82$101,759,471$41,390,576$31,489,698$69,023,870
83$112,063,122$43,342,899$32,468,788$74,669,969
84$123,415,357$45,388,499$33,478,290$80,838,227
85$135,923,057$47,531,869$34,519,146$87,579,723
86$149,704,002$49,777,723$35,592,330$94,950,657
87$164,887,982$52,131,003$36,698,845$103,012,866
88$181,618,024$54,596,890$37,839,724$111,834,388
89$200,051,742$57,180,817$39,016,034$121,490,102
90$220,362,822$59,888,480$40,228,874$132,062,410
91$242,742,666$62,725,851$41,479,377$143,642,005
92$267,402,192$65,699,193$42,768,711$156,328,712
93$294,573,834$68,815,071$44,098,080$170,232,412
94$324,513,726$72,080,370$45,468,727$185,474,061
95$357,504,128$75,502,311$46,881,932$202,186,819
96$393,856,086$79,088,461$48,339,014$220,517,283
97$433,912,370$82,846,759$49,841,334$240,626,853
98$478,050,709$86,785,526$51,390,295$262,693,237
99$526,687,354$90,913,491$52,987,343$286,912,106
100$580,281,016$95,239,803$54,633,970$313,498,919