Can I retire at age 67 with 18,100,000?

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 $18,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,426,467
2 years$739,941$726,160$712,805$699,855$687,295$670,332
3 years$488,394$474,554$461,232$448,404$436,048$419,502
4 years$362,645$348,847$335,659$323,050$310,993$294,991
5 years$287,216$273,501$260,485$248,133$236,412$221,000
6 years$236,946$223,334$210,510$198,434$187,065$172,262
7 years$201,052$187,555$174,935$163,144$152,134$137,947
8 years$174,145$160,770$148,359$136,857$126,210$112,637
9 years$153,228$139,979$127,782$116,572$106,287$93,322
10 years$136,504$123,384$111,403$100,486$90,562$78,197
11 years$122,830$109,842$98,077$87,453$77,886$66,111
12 years$111,443$98,588$87,041$76,708$67,494$56,296
13 years$101,815$89,095$77,765$67,722$58,856$48,221
14 years$93,570$80,985$69,873$60,116$51,593$41,505
15 years$86,431$73,981$63,086$53,613$45,427$35,870
16 years$80,190$67,876$57,196$48,004$40,148$31,106
17 years$74,689$62,512$52,046$43,132$35,598$27,053
18 years$69,805$57,763$47,512$38,870$31,652$23,587
19 years$65,440$53,535$43,495$35,123$28,212$20,608
20 years$61,516$49,747$39,917$31,810$25,200$18,039
21 years$57,971$46,337$36,716$28,870$22,551$15,815
22 years$54,752$43,254$33,840$26,249$20,214$13,883
23 years$51,818$40,455$31,245$23,906$18,145$12,203
24 years$49,132$37,903$28,896$21,803$16,309$10,737
25 years$46,665$35,571$26,764$19,912$14,676$9,455
26 years$44,391$33,431$24,822$18,207$13,219$8,333
27 years$42,289$31,462$23,049$16,665$11,918$7,350
28 years$40,341$29,647$21,427$15,269$10,754$6,486
29 years$38,530$27,968$19,940$14,002$9,711$5,727
30 years$36,844$26,413$18,573$12,850$8,774$5,059
31 years$35,269$24,969$17,315$11,802$7,933$4,471
32 years$33,796$23,626$16,156$10,846$7,176$3,953
33 years$32,414$22,374$15,085$9,974$6,494$3,495
34 years$31,117$21,205$14,094$9,177$5,880$3,092
35 years$29,897$20,113$13,177$8,448$5,325$2,736
36 years$28,747$19,090$12,327$7,780$4,825$2,421
37 years$27,662$18,131$11,538$7,168$4,373$2,143
38 years$26,636$17,231$10,805$6,607$3,965$1,898
39 years$25,665$16,385$10,123$6,092$3,595$1,680
40 years$24,746$15,589$9,488$5,619$3,261$1,488
41 years$23,873$14,839$8,897$5,184$2,959$1,318
42 years$23,044$14,133$8,345$4,785$2,685$1,168
43 years$22,256$13,465$7,831$4,417$2,436$1,034
44 years$21,505$12,835$7,351$4,078$2,212$916
45 years$20,790$12,240$6,902$3,766$2,008$812
46 years$20,109$11,676$6,483$3,479$1,823$719
47 years$19,458$11,143$6,090$3,214$1,655$637
48 years$18,836$10,637$5,723$2,970$1,503$565
49 years$18,241$10,158$5,379$2,745$1,365$501
50 years$17,672$9,703$5,058$2,537$1,240$444

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $18,100,000, adding $5,062 every year, while hoping to spend $41,212 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: 64/16/20 Blend
66$18,100,000$18,100,000$18,100,000$18,100,000
67$19,951,421$18,992,121$18,711,571$21,126,241
68$21,942,617$19,878,886$19,294,560$22,803,847
69$24,135,534$20,807,721$19,895,697$24,630,728
70$26,550,703$21,780,644$20,515,548$26,625,631
71$29,210,750$22,799,771$21,154,694$28,804,988
72$32,140,605$23,867,319$21,813,735$31,186,878
73$35,367,742$24,985,613$22,493,291$33,791,197
74$38,922,435$26,157,090$23,193,998$36,639,836
75$42,838,042$27,384,307$23,916,516$39,756,889
76$47,151,325$28,669,940$24,661,522$43,168,871
77$51,902,792$30,016,800$25,429,715$46,904,970
78$57,137,083$31,427,829$26,221,817$50,997,312
79$62,903,389$32,906,116$27,038,571$55,481,260
80$69,255,915$34,454,896$27,880,743$60,395,749
81$76,254,394$36,077,562$28,749,124$65,783,639
82$83,964,651$37,777,671$29,644,529$71,692,121
83$92,459,222$39,558,954$30,567,797$78,173,152
84$101,818,040$41,425,320$31,519,796$85,283,944
85$112,129,189$43,380,869$32,501,417$93,087,492
86$123,489,734$45,429,900$33,513,583$101,653,169
87$136,006,642$47,576,919$34,557,243$111,057,366
88$149,797,784$49,826,653$35,633,375$121,384,213
89$164,993,054$52,184,055$36,742,989$132,726,362
90$181,735,592$54,654,320$37,887,126$145,185,853
91$200,183,137$57,242,896$39,066,859$158,875,073
92$220,509,512$59,955,493$40,283,294$173,917,803
93$242,906,270$62,798,100$41,537,572$190,450,383
94$267,584,498$65,776,996$42,830,869$208,622,985
95$294,776,811$68,898,763$44,164,398$228,601,025
96$324,739,550$72,170,307$45,539,409$250,566,711
97$357,755,196$75,598,864$46,957,192$274,720,753
98$394,135,043$79,192,025$48,419,074$301,284,250
99$434,222,132$82,957,749$49,926,428$330,500,761
100$478,394,491$86,904,380$51,480,665$362,638,594