Can I retire at age 75 with 18,000,000?

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 $18,000,000?

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 years$1,486,423$1,473,183$1,460,265$1,447,657$1,435,345$1,423,319
2 years$735,853$722,148$708,867$695,989$683,498$671,377
3 years$485,696$471,932$458,684$445,927$433,639$421,799
4 years$360,642$346,920$333,804$321,265$309,275$297,807
5 years$285,629$271,990$259,046$246,762$235,106$224,044
6 years$235,636$222,100$209,347$197,338$186,031$175,389
7 years$199,942$186,519$173,969$162,242$151,293$141,076
8 years$173,183$159,881$147,539$136,101$125,512$115,720
9 years$152,381$139,205$127,076$115,928$105,700$96,329
10 years$135,750$122,703$110,787$99,931$90,061$81,107
11 years$122,151$109,235$97,535$86,970$77,456$68,911
12 years$110,827$98,044$86,560$76,284$67,122$58,978
13 years$101,253$88,603$77,336$67,348$58,531$50,780
14 years$93,053$80,537$69,487$59,784$51,308$43,940
15 years$85,953$73,572$62,737$53,317$45,176$38,179
16 years$79,747$67,501$56,880$47,739$39,926$33,291
17 years$74,276$62,166$51,759$42,893$35,402$29,116
18 years$69,419$57,444$47,249$38,655$31,477$25,531
19 years$65,078$53,239$43,254$34,929$28,057$22,436
20 years$61,176$49,472$39,697$31,634$25,061$19,754
21 years$57,651$46,081$36,513$28,710$22,426$17,422
22 years$54,450$43,015$33,653$26,104$20,102$15,387
23 years$51,531$40,231$31,072$23,774$18,045$13,607
24 years$48,860$37,694$28,737$21,683$16,219$12,046
25 years$46,407$35,374$26,616$19,802$14,595$10,675
26 years$44,146$33,246$24,685$18,106$13,146$9,468
27 years$42,055$31,288$22,922$16,573$11,853$8,403
28 years$40,118$29,483$21,309$15,184$10,695$7,464
29 years$38,318$27,814$19,830$13,924$9,657$6,633
30 years$36,640$26,267$18,471$12,779$8,726$5,898
31 years$35,074$24,831$17,220$11,737$7,889$5,246
32 years$33,609$23,495$16,066$10,786$7,136$4,669
33 years$32,235$22,250$15,001$9,919$6,458$4,157
34 years$30,945$21,088$14,016$9,126$5,847$3,702
35 years$29,732$20,002$13,104$8,401$5,296$3,297
36 years$28,588$18,985$12,259$7,737$4,798$2,938
37 years$27,509$18,031$11,474$7,129$4,349$2,618
38 years$26,489$17,136$10,745$6,571$3,943$2,334
39 years$25,524$16,295$10,067$6,059$3,575$2,081
40 years$24,609$15,503$9,436$5,588$3,243$1,855
41 years$23,741$14,757$8,848$5,156$2,942$1,655
42 years$22,917$14,054$8,299$4,758$2,670$1,476
43 years$22,133$13,391$7,788$4,392$2,423$1,317
44 years$21,387$12,764$7,310$4,056$2,199$1,175
45 years$20,676$12,172$6,864$3,745$1,997$1,048
46 years$19,997$11,612$6,447$3,460$1,813$935
47 years$19,350$11,081$6,057$3,196$1,646$834
48 years$18,732$10,578$5,692$2,954$1,495$745
49 years$18,140$10,102$5,350$2,730$1,358$664
50 years$17,574$9,650$5,030$2,523$1,233$593

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $18,000,000, adding $4,776 every year, while hoping to spend $20,983 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: 25/49/26 Blend
74$18,000,000$18,000,000$18,000,000$18,000,000
75$19,840,926$18,886,926$18,607,926$20,174,093
76$21,842,375$19,790,060$19,208,966$21,352,804
77$24,047,268$20,736,744$19,829,438$22,613,625
78$26,476,335$21,729,090$20,469,969$23,965,068
79$29,152,419$22,769,313$21,131,211$25,414,740
80$32,100,691$23,859,735$21,813,832$26,970,949
81$35,348,891$25,002,791$22,518,524$28,642,775
82$38,927,586$26,201,036$23,246,003$30,440,143
83$42,870,461$27,457,148$23,997,005$32,373,911
84$47,214,635$28,773,935$24,772,292$34,455,951
85$52,001,014$30,154,344$25,572,650$36,699,258
86$57,274,673$31,601,463$26,398,890$39,118,058
87$63,085,287$33,118,532$27,251,850$41,727,926
88$69,487,595$34,708,948$28,132,395$44,545,920
89$76,541,917$36,376,274$29,041,418$47,590,731
90$84,314,728$38,124,247$29,979,840$50,882,841
91$92,879,280$39,956,784$30,948,615$54,444,700
92$102,316,296$41,877,997$31,948,723$58,300,925
93$112,714,733$43,892,193$32,981,180$62,478,510
94$124,172,618$46,003,894$34,047,033$67,007,067
95$136,797,980$48,217,839$35,147,362$71,919,085
96$150,709,860$50,538,999$36,283,285$77,250,216
97$166,039,444$52,972,589$37,455,954$83,039,590
98$182,931,298$55,524,075$38,666,558$89,330,165
99$201,544,728$58,199,193$39,916,327$96,169,109
100$222,055,294$61,003,957$41,206,527$103,608,219