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

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 $18,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,438,533
2 years$744,029$730,172$716,743$703,722$691,092$678,233
3 years$491,092$477,176$463,780$450,882$438,457$425,899
4 years$364,649$350,775$337,513$324,835$312,711$300,550
5 years$288,802$275,012$261,924$249,504$237,718$225,990
6 years$238,255$224,568$211,674$199,531$188,098$176,817
7 years$202,163$188,592$175,902$164,045$152,974$142,146
8 years$175,107$161,658$149,179$137,613$126,907$116,531
9 years$154,074$140,752$128,487$117,216$106,874$96,947
10 years$137,258$124,066$112,018$101,041$91,062$81,578
11 years$123,508$110,449$98,619$87,936$78,316$69,268
12 years$112,059$99,133$87,522$77,132$67,867$59,247
13 years$102,378$89,587$78,195$68,096$59,182$50,979
14 years$94,087$81,432$70,259$60,448$51,878$44,083
15 years$86,908$74,390$63,434$53,909$45,678$38,278
16 years$80,633$68,251$57,512$48,270$40,370$33,355
17 years$75,102$62,857$52,334$43,370$35,795$29,151
18 years$70,190$58,083$47,774$39,085$31,827$25,543
19 years$65,801$53,830$43,735$35,317$28,368$22,431
20 years$61,856$50,022$40,138$31,986$25,339$19,735
21 years$58,291$46,593$36,919$29,029$22,676$17,392
22 years$55,055$43,493$34,027$26,394$20,325$15,349
23 years$52,104$40,678$31,417$24,038$18,245$13,563
24 years$49,403$38,113$29,056$21,924$16,399$11,998
25 years$46,922$35,767$26,912$20,022$14,757$10,624
26 years$44,636$33,615$24,959$18,307$13,292$9,415
27 years$42,523$31,636$23,177$16,757$11,984$8,350
28 years$40,564$29,810$21,546$15,353$10,814$7,411
29 years$38,743$28,123$20,050$14,079$9,764$6,580
30 years$37,047$26,559$18,676$12,921$8,823$5,846
31 years$35,464$25,107$17,411$11,867$7,977$5,196
32 years$33,982$23,756$16,245$10,906$7,215$4,621
33 years$32,594$22,498$15,168$10,029$6,530$4,110
34 years$31,289$21,323$14,172$9,228$5,912$3,657
35 years$30,062$20,224$13,250$8,494$5,355$3,255
36 years$28,906$19,196$12,395$7,823$4,852$2,898
37 years$27,815$18,231$11,601$7,208$4,397$2,580
38 years$26,783$17,326$10,864$6,644$3,987$2,298
39 years$25,807$16,476$10,179$6,126$3,615$2,047
40 years$24,882$15,675$9,540$5,650$3,279$1,824
41 years$24,005$14,921$8,946$5,213$2,975$1,625
42 years$23,171$14,211$8,392$4,811$2,699$1,448
43 years$22,379$13,540$7,874$4,441$2,450$1,291
44 years$21,624$12,906$7,391$4,101$2,224$1,151
45 years$20,905$12,307$6,940$3,787$2,019$1,026
46 years$20,220$11,741$6,518$3,498$1,833$914
47 years$19,565$11,204$6,124$3,232$1,664$815
48 years$18,940$10,696$5,755$2,986$1,511$727
49 years$18,342$10,214$5,409$2,760$1,373$648
50 years$17,770$9,757$5,085$2,551$1,247$578

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 $3,176 every year, while hoping to spend $49,910 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: 54/40/6 Blend
64$18,200,000$18,200,000$18,200,000$18,200,000
65$20,059,676$19,095,076$18,812,976$21,115,747
66$22,052,659$19,977,631$19,390,107$22,712,163
67$24,247,254$20,901,758$19,984,899$24,442,898
68$26,663,972$21,869,442$20,597,891$26,325,223
69$29,325,415$22,882,763$21,229,638$28,373,495
70$32,256,489$23,943,901$21,880,713$30,603,486
71$35,484,640$25,055,140$22,551,706$33,032,523
72$39,040,108$26,218,877$23,243,223$35,679,646
73$42,956,219$27,437,623$23,955,891$38,565,778
74$47,269,696$28,714,008$24,690,356$41,713,917
75$52,021,003$30,050,792$25,447,281$45,149,340
76$57,254,732$31,450,868$26,227,351$48,899,841
77$63,020,020$32,917,266$27,031,273$52,995,976
78$69,371,015$34,453,165$27,859,774$57,471,345
79$76,367,384$36,061,896$28,713,602$62,362,900
80$84,074,880$37,746,951$29,593,530$67,711,282
81$92,565,957$39,511,992$30,500,353$73,561,193
82$101,920,461$41,360,856$31,434,891$79,961,810
83$112,226,377$43,297,567$32,397,989$86,967,231
84$123,580,663$45,326,342$33,390,517$94,636,977
85$136,090,162$47,451,605$34,413,370$103,036,541
86$149,872,614$49,677,989$35,467,474$112,237,990
87$165,057,767$52,010,356$36,553,780$122,320,632
88$181,788,596$54,453,801$37,673,269$133,371,749
89$200,222,660$57,013,665$38,826,951$145,487,405
90$220,533,586$59,695,548$40,015,868$158,773,335
91$242,912,704$62,505,323$41,241,092$173,345,929
92$267,570,861$65,449,144$42,503,729$189,333,306
93$294,740,402$68,533,466$43,804,918$206,876,513
94$324,677,373$71,765,055$45,145,832$226,130,826
95$357,663,927$75,151,006$46,527,681$247,267,204
96$394,010,999$78,698,756$47,951,709$270,473,875
97$434,061,231$82,416,105$49,419,201$295,958,091
98$478,192,211$86,311,229$50,931,479$323,948,060
99$526,820,038$90,392,701$52,489,905$354,695,077
100$580,403,248$94,669,510$54,095,883$388,475,867