Can I retire at age 65 with 18,200,000?

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 $18,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,428,427
2 years$744,029$730,172$716,743$703,722$691,092$668,114
3 years$491,092$477,176$463,780$450,882$438,457$416,082
4 years$364,649$350,775$337,513$324,835$312,711$291,111
5 years$288,802$275,012$261,924$249,504$237,718$216,956
6 years$238,255$224,568$211,674$199,531$188,098$168,198
7 years$202,163$188,592$175,902$164,045$152,974$133,942
8 years$175,107$161,658$149,179$137,613$126,907$108,740
9 years$154,074$140,752$128,487$117,216$106,874$89,562
10 years$137,258$124,066$112,018$101,041$91,062$74,592
11 years$123,508$110,449$98,619$87,936$78,316$62,671
12 years$112,059$99,133$87,522$77,132$67,867$53,026
13 years$102,378$89,587$78,195$68,096$59,182$45,124
14 years$94,087$81,432$70,259$60,448$51,878$38,581
15 years$86,908$74,390$63,434$53,909$45,678$33,117
16 years$80,633$68,251$57,512$48,270$40,370$28,520
17 years$75,102$62,857$52,334$43,370$35,795$24,629
18 years$70,190$58,083$47,774$39,085$31,827$21,319
19 years$65,801$53,830$43,735$35,317$28,368$18,492
20 years$61,856$50,022$40,138$31,986$25,339$16,066
21 years$58,291$46,593$36,919$29,029$22,676$13,980
22 years$55,055$43,493$34,027$26,394$20,325$12,180
23 years$52,104$40,678$31,417$24,038$18,245$10,623
24 years$49,403$38,113$29,056$21,924$16,399$9,274
25 years$46,922$35,767$26,912$20,022$14,757$8,104
26 years$44,636$33,615$24,959$18,307$13,292$7,086
27 years$42,523$31,636$23,177$16,757$11,984$6,199
28 years$40,564$29,810$21,546$15,353$10,814$5,427
29 years$38,743$28,123$20,050$14,079$9,764$4,753
30 years$37,047$26,559$18,676$12,921$8,823$4,164
31 years$35,464$25,107$17,411$11,867$7,977$3,650
32 years$33,982$23,756$16,245$10,906$7,215$3,200
33 years$32,594$22,498$15,168$10,029$6,530$2,807
34 years$31,289$21,323$14,172$9,228$5,912$2,462
35 years$30,062$20,224$13,250$8,494$5,355$2,160
36 years$28,906$19,196$12,395$7,823$4,852$1,896
37 years$27,815$18,231$11,601$7,208$4,397$1,664
38 years$26,783$17,326$10,864$6,644$3,987$1,461
39 years$25,807$16,476$10,179$6,126$3,615$1,282
40 years$24,882$15,675$9,540$5,650$3,279$1,126
41 years$24,005$14,921$8,946$5,213$2,975$989
42 years$23,171$14,211$8,392$4,811$2,699$868
43 years$22,379$13,540$7,874$4,441$2,450$763
44 years$21,624$12,906$7,391$4,101$2,224$670
45 years$20,905$12,307$6,940$3,787$2,019$588
46 years$20,220$11,741$6,518$3,498$1,833$517
47 years$19,565$11,204$6,124$3,232$1,664$454
48 years$18,940$10,696$5,755$2,986$1,511$399
49 years$18,342$10,214$5,409$2,760$1,373$350
50 years$17,770$9,757$5,085$2,551$1,247$308

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $18,200,000, adding $2,169 every year, while hoping to spend $45,997 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: 75/10/15 Blend
64$18,200,000$18,200,000$18,200,000$18,200,000
65$20,058,637$19,094,037$18,811,937$21,497,555
66$22,055,678$19,980,705$19,393,197$23,335,654
67$24,254,875$20,909,277$19,992,387$25,343,720
68$26,676,800$21,881,759$20,610,059$27,543,347
69$29,344,121$22,900,253$21,246,784$29,953,577
70$32,281,817$23,966,961$21,903,147$32,595,379
71$35,517,412$25,084,192$22,579,752$35,491,838
72$39,081,239$26,254,368$23,277,224$38,668,373
73$43,006,718$27,480,025$23,996,204$42,152,974
74$47,330,681$28,763,824$24,737,355$45,976,462
75$52,093,712$30,108,553$25,501,358$50,172,780
76$57,340,535$31,517,136$26,288,918$54,779,307
77$63,120,431$32,992,638$27,100,758$59,837,209
78$69,487,709$34,538,271$27,937,627$65,391,823
79$76,502,212$36,157,403$28,800,294$71,493,085
80$84,229,887$37,853,565$29,689,554$78,195,993
81$92,743,405$39,630,459$30,606,223$85,561,124
82$102,122,847$41,491,967$31,551,147$93,655,204
83$112,456,460$43,442,156$32,525,193$102,551,731
84$123,841,490$45,485,292$33,529,258$112,331,664
85$136,385,099$47,625,848$34,564,265$123,084,186
86$150,205,377$49,868,512$35,631,165$134,907,537
87$165,432,456$52,218,201$36,730,940$147,909,941
88$182,209,741$54,680,067$37,864,601$162,210,618
89$200,695,259$57,259,514$39,033,189$177,940,906
90$221,063,153$59,962,208$40,237,779$195,245,497
91$243,505,328$62,794,089$41,479,478$214,283,794
92$268,233,257$65,761,385$42,759,426$235,231,409
93$295,479,982$68,870,626$44,078,799$258,281,821
94$325,502,311$72,128,657$45,438,810$283,648,187
95$358,583,244$75,542,659$46,840,707$311,565,354
96$395,034,642$79,120,157$48,285,778$342,292,064
97$435,200,174$82,869,043$49,775,351$376,113,393
98$479,458,559$86,797,593$51,310,792$413,343,433
99$528,227,140$90,914,483$52,893,511$454,328,247
100$581,965,825$95,228,810$54,524,961$499,449,130