Can I retire at age 65 with 18,300,000?

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 $18,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$1,511,197$1,497,736$1,484,603$1,471,784$1,459,268$1,451,898
2 years$748,117$734,184$720,681$707,589$694,889$687,452
3 years$493,791$479,798$466,328$453,359$440,866$433,591
4 years$366,652$352,702$339,368$326,620$314,430$307,372
5 years$290,389$276,523$263,363$250,875$239,024$232,206
6 years$239,564$225,802$212,837$200,627$189,132$182,562
7 years$203,274$189,628$176,868$164,946$153,815$147,496
8 years$176,069$162,546$149,998$138,369$127,604$121,537
9 years$154,921$141,526$129,193$117,860$107,461$101,644
10 years$138,012$124,748$112,634$101,597$91,562$85,993
11 years$124,187$111,056$99,161$88,419$78,747$73,421
12 years$112,674$99,678$88,003$77,556$68,240$63,154
13 years$102,940$90,079$78,625$68,470$59,507$54,655
14 years$94,604$81,880$70,645$60,780$52,163$47,541
15 years$87,386$74,799$63,783$54,205$45,929$41,530
16 years$81,076$68,626$57,828$48,535$40,592$36,411
17 years$75,514$63,202$52,621$43,608$35,992$32,021
18 years$70,576$58,402$48,037$39,300$32,002$28,236
19 years$66,163$54,126$43,975$35,511$28,524$24,956
20 years$62,196$50,297$40,358$32,162$25,478$22,100
21 years$58,611$46,849$37,122$29,189$22,800$19,606
22 years$55,357$43,732$34,214$26,539$20,437$17,420
23 years$52,390$40,902$31,590$24,170$18,346$15,498
24 years$49,675$38,322$29,216$22,044$16,489$13,805
25 years$47,180$35,964$27,059$20,132$14,838$12,309
26 years$44,881$33,800$25,096$18,408$13,365$10,986
27 years$42,756$31,810$23,304$16,849$12,050$9,812
28 years$40,787$29,974$21,664$15,437$10,873$8,771
29 years$38,956$28,277$20,160$14,156$9,818$7,845
30 years$37,251$26,705$18,779$12,992$8,871$7,020
31 years$35,659$25,245$17,507$11,932$8,020$6,286
32 years$34,169$23,887$16,334$10,966$7,255$5,631
33 years$32,773$22,621$15,251$10,084$6,566$5,046
34 years$31,461$21,440$14,250$9,278$5,945$4,524
35 years$30,227$20,335$13,323$8,541$5,384$4,057
36 years$29,065$19,301$12,463$7,866$4,878$3,639
37 years$27,967$18,332$11,665$7,248$4,421$3,265
38 years$26,930$17,422$10,924$6,680$4,008$2,930
39 years$25,949$16,566$10,235$6,160$3,635$2,630
40 years$25,019$15,761$9,593$5,681$3,297$2,362
41 years$24,137$15,003$8,995$5,242$2,991$2,121
42 years$23,299$14,289$8,438$4,838$2,714$1,905
43 years$22,502$13,614$7,918$4,466$2,463$1,711
44 years$21,743$12,977$7,432$4,123$2,236$1,537
45 years$21,020$12,375$6,978$3,808$2,030$1,381
46 years$20,331$11,805$6,554$3,517$1,843$1,241
47 years$19,673$11,266$6,158$3,250$1,674$1,115
48 years$19,044$10,755$5,786$3,003$1,520$1,002
49 years$18,443$10,270$5,439$2,775$1,380$900
50 years$17,867$9,810$5,113$2,565$1,254$809

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $18,300,000, adding $5,730 every year, while hoping to spend $35,395 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: 52/21/27 Blend
64$18,300,000$18,300,000$18,300,000$18,300,000
65$20,172,510$19,202,610$18,918,960$21,068,612
66$22,192,447$20,105,878$19,515,086$22,594,596
67$24,417,230$21,052,220$20,129,995$24,249,629
68$26,867,717$22,043,709$20,764,280$26,049,354
69$29,566,892$23,082,519$21,418,551$28,007,591
70$32,540,081$24,170,928$22,093,438$30,139,531
71$35,815,192$25,311,326$22,789,591$32,461,874
72$39,422,980$26,506,219$23,507,680$34,992,983
73$43,397,332$27,758,232$24,248,396$37,753,048
74$47,775,595$29,070,120$25,012,452$40,764,277
75$52,598,920$30,444,771$25,800,584$44,051,091
76$57,912,656$31,885,211$26,613,550$47,640,356
77$63,766,776$33,394,615$27,452,132$51,561,627
78$70,216,347$34,976,311$28,317,138$55,847,417
79$77,322,053$36,633,789$29,209,401$60,533,503
80$85,150,766$38,370,708$30,129,780$65,659,250
81$93,776,176$40,190,904$31,079,159$71,267,978
82$103,279,489$42,098,402$32,058,454$77,407,363
83$113,750,191$44,097,418$33,068,607$84,129,877
84$125,286,895$46,192,376$34,110,590$91,493,274
85$137,998,270$48,387,914$35,185,407$99,561,128
86$152,004,067$50,688,895$36,294,091$108,403,420
87$167,436,249$53,100,418$37,437,710$118,097,193
88$184,440,238$55,627,831$38,617,365$128,727,264
89$203,176,288$58,276,739$39,834,192$140,387,017
90$223,820,993$61,053,024$41,089,361$153,179,271
91$246,568,961$63,962,849$42,384,082$167,217,238
92$271,634,646$67,012,679$43,719,599$182,625,581
93$299,254,374$70,209,294$45,097,200$199,541,577
94$329,688,573$73,559,803$46,518,209$218,116,398
95$363,224,234$77,071,659$47,983,995$238,516,525
96$400,177,615$80,752,681$49,495,969$260,925,303
97$440,897,234$84,611,064$51,055,586$285,544,657
98$485,767,152$88,655,406$52,664,348$312,596,984
99$535,210,600$92,894,720$54,323,803$342,327,231
100$589,693,980$97,338,459$56,035,548$375,005,191