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%18.4%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,394,329
2 years$739,941$726,160$712,805$699,855$687,295$638,429
3 years$488,394$474,554$461,232$448,404$436,048$388,841
4 years$362,645$348,847$335,659$323,050$310,993$265,807
5 years$287,216$273,501$260,485$248,133$236,412$193,365
6 years$236,946$223,334$210,510$198,434$187,065$146,192
7 years$201,052$187,555$174,935$163,144$152,134$113,429
8 years$174,145$160,770$148,359$136,857$126,210$89,642
9 years$153,228$139,979$127,782$116,572$106,287$71,812
10 years$136,504$123,384$111,403$100,486$90,562$58,124
11 years$122,830$109,842$98,077$87,453$77,886$47,421
12 years$111,443$98,588$87,041$76,708$67,494$38,933
13 years$101,815$89,095$77,765$67,722$58,856$32,125
14 years$93,570$80,985$69,873$60,116$51,593$26,615
15 years$86,431$73,981$63,086$53,613$45,427$22,122
16 years$80,190$67,876$57,196$48,004$40,148$18,437
17 years$74,689$62,512$52,046$43,132$35,598$15,400
18 years$69,805$57,763$47,512$38,870$31,652$12,887
19 years$65,440$53,535$43,495$35,123$28,212$10,800
20 years$61,516$49,747$39,917$31,810$25,200$9,062
21 years$57,971$46,337$36,716$28,870$22,551$7,612
22 years$54,752$43,254$33,840$26,249$20,214$6,399
23 years$51,818$40,455$31,245$23,906$18,145$5,384
24 years$49,132$37,903$28,896$21,803$16,309$4,533
25 years$46,665$35,571$26,764$19,912$14,676$3,818
26 years$44,391$33,431$24,822$18,207$13,219$3,217
27 years$42,289$31,462$23,049$16,665$11,918$2,712
28 years$40,341$29,647$21,427$15,269$10,754$2,287
29 years$38,530$27,968$19,940$14,002$9,711$1,929
30 years$36,844$26,413$18,573$12,850$8,774$1,627
31 years$35,269$24,969$17,315$11,802$7,933$1,373
32 years$33,796$23,626$16,156$10,846$7,176$1,158
33 years$32,414$22,374$15,085$9,974$6,494$978
34 years$31,117$21,205$14,094$9,177$5,880$825
35 years$29,897$20,113$13,177$8,448$5,325$697
36 years$28,747$19,090$12,327$7,780$4,825$588
37 years$27,662$18,131$11,538$7,168$4,373$497
38 years$26,636$17,231$10,805$6,607$3,965$419
39 years$25,665$16,385$10,123$6,092$3,595$354
40 years$24,746$15,589$9,488$5,619$3,261$299
41 years$23,873$14,839$8,897$5,184$2,959$252
42 years$23,044$14,133$8,345$4,785$2,685$213
43 years$22,256$13,465$7,831$4,417$2,436$180
44 years$21,505$12,835$7,351$4,078$2,212$152
45 years$20,790$12,240$6,902$3,766$2,008$128
46 years$20,109$11,676$6,483$3,479$1,823$108
47 years$19,458$11,143$6,090$3,214$1,655$92
48 years$18,836$10,637$5,723$2,970$1,503$77
49 years$18,241$10,158$5,379$2,745$1,365$65
50 years$17,672$9,703$5,058$2,537$1,240$55

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 $3,322 every year, while hoping to spend $46,631 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: 54/24/22 Blend
64$18,100,000$18,100,000$18,100,000$18,100,000
65$19,949,627$18,990,327$18,709,777$20,906,416
66$21,934,874$19,871,238$19,286,939$22,444,741
67$24,121,053$20,793,750$19,881,874$24,113,330
68$26,528,610$21,759,854$20,495,126$25,928,801
69$29,180,075$22,771,634$21,127,260$27,905,212
70$32,100,275$23,831,276$21,778,855$30,058,020
71$35,316,566$24,941,071$22,450,510$32,404,218
72$38,859,093$26,103,421$23,142,839$34,962,489
73$42,761,075$27,320,844$23,856,479$37,753,379
74$47,059,118$28,595,978$24,592,085$40,799,485
75$51,793,558$29,931,591$25,350,330$44,125,660
76$57,008,846$31,330,584$26,131,910$47,759,245
77$62,753,961$32,795,995$26,937,542$51,730,314
78$69,082,879$34,331,014$27,767,964$56,071,960
79$76,055,080$35,938,980$28,623,938$60,820,590
80$83,736,107$37,623,399$29,506,248$66,016,269
81$92,198,185$39,387,941$30,415,703$71,703,085
82$101,520,907$41,236,457$31,353,136$77,929,562
83$111,791,979$43,172,983$32,319,406$84,749,102
84$123,108,053$45,201,751$33,315,398$92,220,490
85$135,575,635$47,327,197$34,342,024$100,408,427
86$149,312,093$49,553,973$35,400,225$109,384,144
87$164,446,764$51,886,955$36,490,970$119,226,054
88$181,122,173$54,331,256$37,615,257$130,020,485
89$199,495,383$56,892,235$38,774,116$141,862,486
90$219,739,470$59,575,512$39,968,607$154,856,707
91$242,045,164$62,386,981$41,199,823$169,118,381
92$266,622,645$65,332,817$42,468,892$184,774,392
93$293,703,529$68,419,500$43,776,974$201,964,466
94$323,543,052$71,653,818$45,125,266$220,842,471
95$356,422,483$75,042,895$46,515,002$241,577,857
96$392,651,773$78,594,194$47,947,452$264,357,239
97$432,572,489$82,315,544$49,423,926$289,386,146
98$476,561,029$86,215,152$50,945,774$316,890,938
99$525,032,185$90,301,625$52,514,388$347,120,932
100$578,443,049$94,583,986$54,131,201$380,350,734