Can I retire at age 80 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%14.9%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,414,178
2 years$739,941$726,160$712,805$699,855$687,295$658,063
3 years$488,394$474,554$461,232$448,404$436,048$407,638
4 years$362,645$348,847$335,659$323,050$310,993$283,623
5 years$287,216$273,501$260,485$248,133$236,412$210,160
6 years$236,946$223,334$210,510$198,434$187,065$161,960
7 years$201,052$187,555$174,935$163,144$152,134$128,181
8 years$174,145$160,770$148,359$136,857$126,210$103,402
9 years$153,228$139,979$127,782$116,572$106,287$84,609
10 years$136,504$123,384$111,403$100,486$90,562$69,992
11 years$122,830$109,842$98,077$87,453$77,886$58,400
12 years$111,443$98,588$87,041$76,708$67,494$49,064
13 years$101,815$89,095$77,765$67,722$58,856$41,449
14 years$93,570$80,985$69,873$60,116$51,593$35,177
15 years$86,431$73,981$63,086$53,613$45,427$29,967
16 years$80,190$67,876$57,196$48,004$40,148$25,608
17 years$74,689$62,512$52,046$43,132$35,598$21,942
18 years$69,805$57,763$47,512$38,870$31,652$18,842
19 years$65,440$53,535$43,495$35,123$28,212$16,211
20 years$61,516$49,747$39,917$31,810$25,200$13,969
21 years$57,971$46,337$36,716$28,870$22,551$12,054
22 years$54,752$43,254$33,840$26,249$20,214$10,414
23 years$51,818$40,455$31,245$23,906$18,145$9,005
24 years$49,132$37,903$28,896$21,803$16,309$7,794
25 years$46,665$35,571$26,764$19,912$14,676$6,751
26 years$44,391$33,431$24,822$18,207$13,219$5,851
27 years$42,289$31,462$23,049$16,665$11,918$5,074
28 years$40,341$29,647$21,427$15,269$10,754$4,403
29 years$38,530$27,968$19,940$14,002$9,711$3,821
30 years$36,844$26,413$18,573$12,850$8,774$3,318
31 years$35,269$24,969$17,315$11,802$7,933$2,882
32 years$33,796$23,626$16,156$10,846$7,176$2,504
33 years$32,414$22,374$15,085$9,974$6,494$2,176
34 years$31,117$21,205$14,094$9,177$5,880$1,891
35 years$29,897$20,113$13,177$8,448$5,325$1,644
36 years$28,747$19,090$12,327$7,780$4,825$1,429
37 years$27,662$18,131$11,538$7,168$4,373$1,243
38 years$26,636$17,231$10,805$6,607$3,965$1,081
39 years$25,665$16,385$10,123$6,092$3,595$940
40 years$24,746$15,589$9,488$5,619$3,261$818
41 years$23,873$14,839$8,897$5,184$2,959$711
42 years$23,044$14,133$8,345$4,785$2,685$619
43 years$22,256$13,465$7,831$4,417$2,436$538
44 years$21,505$12,835$7,351$4,078$2,212$468
45 years$20,790$12,240$6,902$3,766$2,008$408
46 years$20,109$11,676$6,483$3,479$1,823$355
47 years$19,458$11,143$6,090$3,214$1,655$309
48 years$18,836$10,637$5,723$2,970$1,503$268
49 years$18,241$10,158$5,379$2,745$1,365$234
50 years$17,672$9,703$5,058$2,537$1,240$203

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 80 starting with $18,100,000, adding $4,973 every year, while hoping to spend $25,383 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: 65/14/21 Blend
79$18,100,000$18,100,000$18,100,000$18,100,000
80$19,951,330$18,992,030$18,711,480$21,140,942
81$21,959,358$19,895,632$19,311,307$22,844,756
82$24,171,354$20,842,660$19,930,378$24,702,718
83$26,608,097$21,835,214$20,569,310$26,732,664
84$29,292,482$22,875,499$21,228,741$28,951,458
85$32,249,741$23,965,824$21,909,329$31,377,654
86$35,507,677$25,108,612$22,611,754$34,031,671
87$39,096,929$26,306,403$23,336,717$36,935,982
88$43,051,260$27,561,861$24,084,941$40,115,319
89$47,407,876$28,877,780$24,857,174$43,596,905
90$52,207,776$30,257,088$25,654,187$47,410,706
91$57,496,142$31,702,858$26,476,774$51,589,708
92$63,322,761$33,218,310$27,325,758$56,170,227
93$69,742,498$34,806,823$28,201,987$61,192,242
94$76,815,814$36,471,939$29,106,335$66,699,771
95$84,609,335$38,217,372$30,039,705$72,741,281
96$93,196,482$40,047,018$31,003,030$79,370,137
97$102,658,164$41,964,962$31,997,272$86,645,103
98$113,083,540$43,975,488$33,023,424$94,630,888
99$124,570,862$46,083,089$34,082,510$103,398,754
100$137,228,405$48,292,475$35,175,589$113,027,178