Can I retire at age 65 with 18,100,000?

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 $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%18.5%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,393,773
2 years$739,941$726,160$712,805$699,855$687,295$637,882
3 years$488,394$474,554$461,232$448,404$436,048$388,321
4 years$362,645$348,847$335,659$323,050$310,993$265,317
5 years$287,216$273,501$260,485$248,133$236,412$192,908
6 years$236,946$223,334$210,510$198,434$187,065$145,766
7 years$201,052$187,555$174,935$163,144$152,134$113,033
8 years$174,145$160,770$148,359$136,857$126,210$89,277
9 years$153,228$139,979$127,782$116,572$106,287$71,476
10 years$136,504$123,384$111,403$100,486$90,562$57,815
11 years$122,830$109,842$98,077$87,453$77,886$47,139
12 years$111,443$98,588$87,041$76,708$67,494$38,676
13 years$101,815$89,095$77,765$67,722$58,856$31,891
14 years$93,570$80,985$69,873$60,116$51,593$26,402
15 years$86,431$73,981$63,086$53,613$45,427$21,930
16 years$80,190$67,876$57,196$48,004$40,148$18,264
17 years$74,689$62,512$52,046$43,132$35,598$15,244
18 years$69,805$57,763$47,512$38,870$31,652$12,746
19 years$65,440$53,535$43,495$35,123$28,212$10,674
20 years$61,516$49,747$39,917$31,810$25,200$8,950
21 years$57,971$46,337$36,716$28,870$22,551$7,512
22 years$54,752$43,254$33,840$26,249$20,214$6,310
23 years$51,818$40,455$31,245$23,906$18,145$5,305
24 years$49,132$37,903$28,896$21,803$16,309$4,462
25 years$46,665$35,571$26,764$19,912$14,676$3,756
26 years$44,391$33,431$24,822$18,207$13,219$3,162
27 years$42,289$31,462$23,049$16,665$11,918$2,663
28 years$40,341$29,647$21,427$15,269$10,754$2,244
29 years$38,530$27,968$19,940$14,002$9,711$1,891
30 years$36,844$26,413$18,573$12,850$8,774$1,594
31 years$35,269$24,969$17,315$11,802$7,933$1,344
32 years$33,796$23,626$16,156$10,846$7,176$1,133
33 years$32,414$22,374$15,085$9,974$6,494$956
34 years$31,117$21,205$14,094$9,177$5,880$806
35 years$29,897$20,113$13,177$8,448$5,325$680
36 years$28,747$19,090$12,327$7,780$4,825$573
37 years$27,662$18,131$11,538$7,168$4,373$484
38 years$26,636$17,231$10,805$6,607$3,965$408
39 years$25,665$16,385$10,123$6,092$3,595$344
40 years$24,746$15,589$9,488$5,619$3,261$290
41 years$23,873$14,839$8,897$5,184$2,959$245
42 years$23,044$14,133$8,345$4,785$2,685$207
43 years$22,256$13,465$7,831$4,417$2,436$174
44 years$21,505$12,835$7,351$4,078$2,212$147
45 years$20,790$12,240$6,902$3,766$2,008$124
46 years$20,109$11,676$6,483$3,479$1,823$105
47 years$19,458$11,143$6,090$3,214$1,655$88
48 years$18,836$10,637$5,723$2,970$1,503$75
49 years$18,241$10,158$5,379$2,745$1,365$63
50 years$17,672$9,703$5,058$2,537$1,240$53

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 $6,857 every year, while hoping to spend $55,345 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: 61/24/15 Blend
64$18,100,000$18,100,000$18,100,000$18,100,000
65$19,953,273$18,993,973$18,713,423$21,095,401
66$21,929,620$19,865,791$19,281,436$22,736,698
67$24,105,700$20,778,473$19,866,623$24,520,144
68$26,501,826$21,733,963$20,469,499$26,465,035
69$29,140,384$22,734,299$21,090,599$28,587,012
70$32,046,039$23,781,615$21,730,470$30,903,281
71$35,245,970$24,878,150$22,389,676$33,432,762
72$38,770,129$26,026,249$23,068,800$36,196,269
73$42,651,518$27,228,371$23,768,440$39,216,701
74$46,926,503$28,487,092$24,489,214$42,519,247
75$51,635,160$29,805,112$25,231,756$46,131,625
76$56,821,647$31,185,264$25,996,721$50,084,335
77$62,534,627$32,630,514$26,784,782$54,410,940
78$68,827,722$34,143,972$27,596,635$59,148,376
79$75,760,021$35,728,898$28,432,994$64,337,296
80$83,396,638$37,388,709$29,294,595$70,022,446
81$91,809,327$39,126,988$30,182,195$76,253,079
82$101,077,156$40,947,488$31,096,577$83,083,414
83$111,287,258$42,854,146$32,038,544$90,573,138
84$122,535,647$44,851,088$33,008,924$98,787,961
85$134,928,130$46,942,639$34,008,570$107,800,231
86$148,581,302$49,133,331$35,038,360$117,689,603
87$163,623,649$51,427,918$36,099,199$128,543,784
88$180,196,757$53,831,383$37,192,018$140,459,350
89$198,456,653$56,348,947$38,317,777$153,542,650
90$218,575,273$58,986,086$39,477,464$167,910,794
91$240,742,087$61,748,540$40,672,095$183,692,751
92$265,165,888$64,642,327$41,902,719$201,030,555
93$292,076,762$67,673,755$43,170,414$220,080,627
94$321,728,260$70,849,438$44,476,291$241,015,250
95$354,399,791$74,176,308$45,821,495$264,024,168
96$390,399,258$77,661,636$47,207,203$289,316,376
97$430,065,967$81,313,041$48,634,629$317,122,067
98$473,773,829$85,138,513$50,105,023$347,694,798
99$521,934,889$89,146,430$51,619,671$381,313,862
100$575,003,215$93,345,572$53,179,897$418,286,911