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%16.2%
1 years$1,486,423$1,473,183$1,460,265$1,447,657$1,435,345$1,398,943
2 years$735,853$722,148$708,867$695,989$683,498$647,060
3 years$485,696$471,932$458,684$445,927$433,639$398,305
4 years$360,642$346,920$333,804$321,265$309,275$275,316
5 years$285,629$271,990$259,046$246,762$235,106$202,617
6 years$235,636$222,100$209,347$197,338$186,031$155,044
7 years$199,942$186,519$173,969$162,242$151,293$121,810
8 years$173,183$159,881$147,539$136,101$125,512$97,521
9 years$152,381$139,205$127,076$115,928$105,700$79,175
10 years$135,750$122,703$110,787$99,931$90,061$64,972
11 years$122,151$109,235$97,535$86,970$77,456$53,765
12 years$110,827$98,044$86,560$76,284$67,122$44,788
13 years$101,253$88,603$77,336$67,348$58,531$37,511
14 years$93,053$80,537$69,487$59,784$51,308$31,553
15 years$85,953$73,572$62,737$53,317$45,176$26,637
16 years$79,747$67,501$56,880$47,739$39,926$22,554
17 years$74,276$62,166$51,759$42,893$35,402$19,144
18 years$69,419$57,444$47,249$38,655$31,477$16,283
19 years$65,078$53,239$43,254$34,929$28,057$13,874
20 years$61,176$49,472$39,697$31,634$25,061$11,839
21 years$57,651$46,081$36,513$28,710$22,426$10,115
22 years$54,450$43,015$33,653$26,104$20,102$8,651
23 years$51,531$40,231$31,072$23,774$18,045$7,405
24 years$48,860$37,694$28,737$21,683$16,219$6,344
25 years$46,407$35,374$26,616$19,802$14,595$5,438
26 years$44,146$33,246$24,685$18,106$13,146$4,664
27 years$42,055$31,288$22,922$16,573$11,853$4,003
28 years$40,118$29,483$21,309$15,184$10,695$3,436
29 years$38,318$27,814$19,830$13,924$9,657$2,951
30 years$36,640$26,267$18,471$12,779$8,726$2,535
31 years$35,074$24,831$17,220$11,737$7,889$2,178
32 years$33,609$23,495$16,066$10,786$7,136$1,872
33 years$32,235$22,250$15,001$9,919$6,458$1,609
34 years$30,945$21,088$14,016$9,126$5,847$1,383
35 years$29,732$20,002$13,104$8,401$5,296$1,190
36 years$28,588$18,985$12,259$7,737$4,798$1,023
37 years$27,509$18,031$11,474$7,129$4,349$880
38 years$26,489$17,136$10,745$6,571$3,943$757
39 years$25,524$16,295$10,067$6,059$3,575$651
40 years$24,609$15,503$9,436$5,588$3,243$560
41 years$23,741$14,757$8,848$5,156$2,942$482
42 years$22,917$14,054$8,299$4,758$2,670$414
43 years$22,133$13,391$7,788$4,392$2,423$357
44 years$21,387$12,764$7,310$4,056$2,199$307
45 years$20,676$12,172$6,864$3,745$1,997$264
46 years$19,997$11,612$6,447$3,460$1,813$227
47 years$19,350$11,081$6,057$3,196$1,646$195
48 years$18,732$10,578$5,692$2,954$1,495$168
49 years$18,140$10,102$5,350$2,730$1,358$145
50 years$17,574$9,650$5,030$2,523$1,233$125

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 $4,690 every year, while hoping to spend $26,890 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: 69/7/24 Blend
74$18,000,000$18,000,000$18,000,000$18,000,000
75$19,840,838$18,886,838$18,607,838$21,088,529
76$21,835,992$19,783,682$19,202,590$22,821,720
77$24,033,752$20,723,570$19,816,364$24,714,182
78$26,454,753$21,708,584$20,449,771$26,784,579
79$29,121,737$22,740,904$21,103,438$29,050,518
80$32,059,764$23,822,819$21,778,013$31,531,383
81$35,296,451$24,956,727$22,474,167$34,248,514
82$38,862,226$26,145,144$23,192,589$37,225,408
83$42,790,625$27,390,708$23,933,993$40,487,933
84$47,118,601$28,696,185$24,699,114$44,064,573
85$51,886,876$30,064,476$25,488,712$47,986,693
86$57,140,323$31,498,621$26,303,569$52,288,833
87$62,928,393$33,001,810$27,144,496$57,009,029
88$69,305,579$34,577,388$28,012,326$62,189,169
89$76,331,930$36,228,862$28,907,920$67,875,383
90$84,073,619$37,959,909$29,832,169$74,118,481
91$92,603,570$39,774,386$30,785,988$80,974,421
92$102,002,141$41,676,338$31,770,325$88,504,839
93$112,357,886$43,670,005$32,786,157$96,777,623
94$123,768,389$45,759,834$33,834,493$105,867,553
95$136,341,189$47,950,490$34,916,373$115,856,997
96$150,194,790$50,246,864$36,032,871$126,836,690
97$165,459,783$52,654,084$37,185,096$138,906,582
98$182,280,076$55,177,530$38,374,192$152,176,778
99$200,814,256$57,822,841$39,601,340$166,768,571
100$221,237,083$60,595,933$40,867,758$182,815,581