Can I retire at age 65 with 18,500,000?

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 $18,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,438,386
2 years$756,293$742,208$728,557$715,322$702,484$665,611
3 years$499,187$485,041$471,425$458,314$445,685$409,922
4 years$370,659$356,557$343,077$330,189$317,866$283,490
5 years$293,563$279,545$266,242$253,617$241,637$208,742
6 years$242,182$228,269$215,163$202,820$191,199$159,818
7 years$205,496$191,700$178,801$166,749$155,496$125,632
8 years$177,994$164,322$151,638$139,882$128,999$100,639
9 years$156,614$143,072$130,605$119,148$108,636$81,756
10 years$139,521$126,111$113,865$102,707$92,563$67,132
11 years$125,544$112,269$100,245$89,386$79,607$55,588
12 years$113,906$100,767$88,965$78,403$68,986$46,337
13 years$104,065$91,064$79,484$69,218$60,157$38,834
14 years$95,638$82,775$71,417$61,444$52,733$32,688
15 years$88,341$75,616$64,480$54,798$46,431$27,615
16 years$81,962$69,376$58,460$49,065$41,036$23,399
17 years$76,340$63,893$53,197$44,085$36,385$19,875
18 years$71,347$59,040$48,562$39,729$32,352$16,918
19 years$66,886$54,718$44,456$35,899$28,836$14,426
20 years$62,876$50,846$40,799$32,513$25,757$12,319
21 years$59,252$47,361$37,528$29,508$23,049$10,533
22 years$55,962$44,210$34,587$26,829$20,660$9,015
23 years$52,963$41,349$31,935$24,434$18,546$7,723
24 years$50,218$38,741$29,535$22,285$16,670$6,622
25 years$47,696$36,357$27,355$20,352$15,000$5,681
26 years$45,372$34,169$25,371$18,609$13,512$4,877
27 years$43,224$32,157$23,559$17,033$12,182$4,188
28 years$41,232$30,302$21,901$15,606$10,992$3,598
29 years$39,382$28,586$20,381$14,311$9,925$3,093
30 years$37,658$26,997$18,984$13,134$8,968$2,659
31 years$36,048$25,521$17,698$12,063$8,108$2,286
32 years$34,543$24,148$16,513$11,086$7,334$1,967
33 years$33,131$22,868$15,418$10,194$6,638$1,692
34 years$31,805$21,674$14,406$9,380$6,010$1,456
35 years$30,558$20,557$13,468$8,635$5,443$1,253
36 years$29,382$19,512$12,599$7,952$4,932$1,078
37 years$28,273$18,532$11,793$7,327$4,470$928
38 years$27,225$17,612$11,043$6,753$4,052$799
39 years$26,233$16,747$10,346$6,227$3,675$688
40 years$25,292$15,934$9,698$5,743$3,333$592
41 years$24,400$15,167$9,093$5,299$3,024$510
42 years$23,553$14,445$8,530$4,890$2,744$439
43 years$22,748$13,763$8,004$4,514$2,490$378
44 years$21,981$13,119$7,513$4,168$2,260$326
45 years$21,250$12,510$7,055$3,850$2,052$280
46 years$20,553$11,934$6,626$3,556$1,863$241
47 years$19,888$11,389$6,225$3,285$1,692$208
48 years$19,252$10,872$5,850$3,036$1,536$179
49 years$18,644$10,382$5,498$2,805$1,395$154
50 years$18,062$9,918$5,169$2,593$1,267$133

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $18,500,000, adding $2,472 every year, while hoping to spend $26,143 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: 30/50/20 Blend
64$18,500,000$18,500,000$18,500,000$18,500,000
65$20,389,550$19,409,050$19,122,300$20,873,254
66$22,441,468$20,332,277$19,735,081$22,164,389
67$24,701,806$21,299,867$20,367,514$23,549,935
68$27,191,794$22,313,964$21,020,230$25,039,992
69$29,934,829$23,376,820$21,693,879$26,643,608
70$32,956,691$24,490,795$22,389,134$28,370,684
71$36,285,792$25,658,362$23,106,689$30,232,053
72$39,953,438$26,882,117$23,847,258$32,239,575
73$43,994,128$28,164,780$24,611,580$34,406,235
74$48,445,880$29,509,205$25,400,419$36,746,256
75$53,350,588$30,918,384$26,214,561$39,275,219
76$58,754,417$32,395,455$27,054,819$42,010,202
77$64,708,243$33,943,707$27,922,030$44,969,921
78$71,268,126$35,566,591$28,817,061$48,174,900
79$78,495,846$37,267,725$29,740,803$51,647,645
80$86,459,482$39,050,904$30,694,180$55,412,845
81$95,234,057$40,920,105$31,678,143$59,497,584
82$104,902,243$42,879,502$32,693,672$63,931,586
83$115,555,144$44,933,471$33,741,783$68,747,475
84$127,293,158$47,086,599$34,823,521$73,981,065
85$140,226,917$49,343,700$35,939,967$79,671,679
86$154,478,340$51,709,819$37,092,233$85,862,500
87$170,181,779$54,190,248$38,281,471$92,600,958
88$187,485,288$56,790,538$39,508,868$99,939,157
89$206,552,022$59,516,509$40,775,650$107,934,342
90$227,561,774$62,374,264$42,083,080$116,649,415
91$250,712,677$65,370,204$43,432,465$126,153,506
92$276,223,069$68,511,044$44,825,152$136,522,598
93$304,333,559$71,803,821$46,262,531$147,840,215
94$335,309,294$75,255,921$47,746,038$160,198,186
95$369,442,466$78,875,085$49,277,155$173,697,475
96$407,055,068$82,669,435$50,857,410$188,449,110
97$448,501,934$86,647,486$52,488,382$204,575,191
98$494,174,089$90,818,170$54,171,700$222,210,012
99$544,502,439$95,190,854$55,909,045$241,501,293
100$599,961,843$99,775,361$57,702,153$262,611,531