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%14.6%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,423,738
2 years$744,029$730,172$716,743$703,722$691,092$663,438
3 years$491,092$477,176$463,780$450,882$438,457$411,566
4 years$364,649$350,775$337,513$324,835$312,711$286,791
5 years$288,802$275,012$261,924$249,504$237,718$212,842
6 years$238,255$224,568$211,674$199,531$188,098$164,294
7 years$202,163$188,592$175,902$164,045$152,974$130,248
8 years$175,107$161,658$149,179$137,613$126,907$105,252
9 years$154,074$140,752$128,487$117,216$106,874$86,277
10 years$137,258$124,066$112,018$101,041$91,062$71,505
11 years$123,508$110,449$98,619$87,936$78,316$59,775
12 years$112,059$99,133$87,522$77,132$67,867$50,317
13 years$102,378$89,587$78,195$68,096$59,182$42,593
14 years$94,087$81,432$70,259$60,448$51,878$36,221
15 years$86,908$74,390$63,434$53,909$45,678$30,920
16 years$80,633$68,251$57,512$48,270$40,370$26,479
17 years$75,102$62,857$52,334$43,370$35,795$22,737
18 years$70,190$58,083$47,774$39,085$31,827$19,567
19 years$65,801$53,830$43,735$35,317$28,368$16,872
20 years$61,856$50,022$40,138$31,986$25,339$14,572
21 years$58,291$46,593$36,919$29,029$22,676$12,603
22 years$55,055$43,493$34,027$26,394$20,325$10,913
23 years$52,104$40,678$31,417$24,038$18,245$9,459
24 years$49,403$38,113$29,056$21,924$16,399$8,207
25 years$46,922$35,767$26,912$20,022$14,757$7,125
26 years$44,636$33,615$24,959$18,307$13,292$6,191
27 years$42,523$31,636$23,177$16,757$11,984$5,381
28 years$40,564$29,810$21,546$15,353$10,814$4,680
29 years$38,743$28,123$20,050$14,079$9,764$4,072
30 years$37,047$26,559$18,676$12,921$8,823$3,545
31 years$35,464$25,107$17,411$11,867$7,977$3,086
32 years$33,982$23,756$16,245$10,906$7,215$2,688
33 years$32,594$22,498$15,168$10,029$6,530$2,342
34 years$31,289$21,323$14,172$9,228$5,912$2,041
35 years$30,062$20,224$13,250$8,494$5,355$1,778
36 years$28,906$19,196$12,395$7,823$4,852$1,550
37 years$27,815$18,231$11,601$7,208$4,397$1,351
38 years$26,783$17,326$10,864$6,644$3,987$1,178
39 years$25,807$16,476$10,179$6,126$3,615$1,027
40 years$24,882$15,675$9,540$5,650$3,279$896
41 years$24,005$14,921$8,946$5,213$2,975$781
42 years$23,171$14,211$8,392$4,811$2,699$681
43 years$22,379$13,540$7,874$4,441$2,450$594
44 years$21,624$12,906$7,391$4,101$2,224$518
45 years$20,905$12,307$6,940$3,787$2,019$452
46 years$20,220$11,741$6,518$3,498$1,833$395
47 years$19,565$11,204$6,124$3,232$1,664$344
48 years$18,940$10,696$5,755$2,986$1,511$300
49 years$18,342$10,214$5,409$2,760$1,373$262
50 years$17,770$9,757$5,085$2,551$1,247$229

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 $3,686 every year, while hoping to spend $57,362 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: 54/35/11 Blend
64$18,200,000$18,200,000$18,200,000$18,200,000
65$20,060,202$19,095,602$18,813,502$21,086,900
66$22,045,310$19,970,254$19,382,722$22,658,960
67$24,230,976$20,885,841$19,969,088$24,362,571
68$26,637,598$21,844,309$20,573,114$26,215,424
69$29,287,649$22,847,696$21,195,329$28,231,702
70$32,205,895$23,898,139$21,836,279$30,426,988
71$35,419,626$24,997,878$22,496,524$32,818,410
72$38,958,912$26,149,259$23,176,642$35,424,787
73$42,856,890$27,354,741$23,877,228$38,266,811
74$47,150,073$28,616,904$24,598,896$41,367,225
75$51,878,697$29,938,448$25,342,275$44,751,038
76$57,087,099$31,322,207$26,108,016$48,445,747
77$62,824,136$32,771,148$26,896,788$52,481,592
78$69,143,647$34,288,383$27,709,279$56,891,833
79$76,104,959$35,877,174$28,546,199$61,713,052
80$83,773,447$37,540,938$29,408,280$66,985,491
81$92,221,153$39,283,258$30,296,272$72,753,421
82$101,527,464$41,107,891$31,210,950$79,065,553
83$111,779,861$43,018,773$32,153,112$85,975,479
84$123,074,745$45,020,031$33,123,580$93,542,175
85$135,518,347$47,115,991$34,123,198$101,830,542
86$149,227,731$49,311,187$35,152,838$110,912,006
87$164,331,897$51,610,373$36,213,395$120,865,181
88$180,973,001$54,018,532$37,305,795$131,776,594
89$199,307,694$56,540,887$38,430,985$143,741,491
90$219,508,602$59,182,914$39,589,947$156,864,722
91$241,765,956$61,950,353$40,783,686$171,261,711
92$266,289,385$64,849,222$42,013,242$187,059,532
93$293,309,898$67,885,830$43,279,681$204,398,091
94$323,082,062$71,066,789$44,584,104$223,431,431
95$355,886,405$74,399,035$45,927,645$244,329,161
96$392,032,065$77,889,834$47,311,467$267,278,046
97$431,859,708$81,546,808$48,736,774$292,483,744
98$475,744,742$85,377,945$50,204,799$320,172,726
99$524,100,863$89,391,622$51,716,817$350,594,395
100$577,383,958$93,596,618$53,274,138$384,023,414