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%17.4%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,399,922
2 years$739,941$726,160$712,805$699,855$687,295$643,938
3 years$488,394$474,554$461,232$448,404$436,048$394,092
4 years$362,645$348,847$335,659$323,050$310,993$270,758
5 years$287,216$273,501$260,485$248,133$236,412$198,008
6 years$236,946$223,334$210,510$198,434$187,065$150,526
7 years$201,052$187,555$174,935$163,144$152,134$117,459
8 years$174,145$160,770$148,359$136,857$126,210$93,376
9 years$153,228$139,979$127,782$116,572$106,287$75,261
10 years$136,504$123,384$111,403$100,486$90,562$61,299
11 years$122,830$109,842$98,077$87,453$77,886$50,337
12 years$111,443$98,588$87,041$76,708$67,494$41,602
13 years$101,815$89,095$77,765$67,722$58,856$34,561
14 years$93,570$80,985$69,873$60,116$51,593$28,833
15 years$86,431$73,981$63,086$53,613$45,427$24,136
16 years$80,190$67,876$57,196$48,004$40,148$20,261
17 years$74,689$62,512$52,046$43,132$35,598$17,048
18 years$69,805$57,763$47,512$38,870$31,652$14,372
19 years$65,440$53,535$43,495$35,123$28,212$12,136
20 years$61,516$49,747$39,917$31,810$25,200$10,262
21 years$57,971$46,337$36,716$28,870$22,551$8,686
22 years$54,752$43,254$33,840$26,249$20,214$7,360
23 years$51,818$40,455$31,245$23,906$18,145$6,241
24 years$49,132$37,903$28,896$21,803$16,309$5,296
25 years$46,665$35,571$26,764$19,912$14,676$4,497
26 years$44,391$33,431$24,822$18,207$13,219$3,820
27 years$42,289$31,462$23,049$16,665$11,918$3,246
28 years$40,341$29,647$21,427$15,269$10,754$2,760
29 years$38,530$27,968$19,940$14,002$9,711$2,347
30 years$36,844$26,413$18,573$12,850$8,774$1,996
31 years$35,269$24,969$17,315$11,802$7,933$1,698
32 years$33,796$23,626$16,156$10,846$7,176$1,445
33 years$32,414$22,374$15,085$9,974$6,494$1,230
34 years$31,117$21,205$14,094$9,177$5,880$1,047
35 years$29,897$20,113$13,177$8,448$5,325$891
36 years$28,747$19,090$12,327$7,780$4,825$758
37 years$27,662$18,131$11,538$7,168$4,373$646
38 years$26,636$17,231$10,805$6,607$3,965$550
39 years$25,665$16,385$10,123$6,092$3,595$468
40 years$24,746$15,589$9,488$5,619$3,261$399
41 years$23,873$14,839$8,897$5,184$2,959$340
42 years$23,044$14,133$8,345$4,785$2,685$289
43 years$22,256$13,465$7,831$4,417$2,436$246
44 years$21,505$12,835$7,351$4,078$2,212$210
45 years$20,790$12,240$6,902$3,766$2,008$179
46 years$20,109$11,676$6,483$3,479$1,823$152
47 years$19,458$11,143$6,090$3,214$1,655$130
48 years$18,836$10,637$5,723$2,970$1,503$110
49 years$18,241$10,158$5,379$2,745$1,365$94
50 years$17,672$9,703$5,058$2,537$1,240$80

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 $6,462 every year, while hoping to spend $49,519 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: 57/20/23 Blend
79$18,100,000$18,100,000$18,100,000$18,100,000
80$19,952,866$18,993,566$18,713,016$20,965,716
81$21,935,370$19,871,562$19,287,214$22,536,190
82$24,118,430$20,790,921$19,878,988$24,241,132
83$26,522,451$21,753,617$20,488,875$26,098,270
84$29,169,915$22,761,719$21,117,427$28,122,291
85$32,085,600$23,817,397$21,765,214$30,329,351
86$35,296,805$24,922,923$22,432,822$32,737,213
87$38,833,616$26,080,683$23,120,858$35,365,419
88$42,729,182$27,293,173$23,829,944$38,235,465
89$47,020,033$28,563,014$24,560,722$41,370,999
90$51,746,425$29,892,950$25,313,855$44,798,039
91$56,952,714$31,285,858$26,090,023$48,545,215
92$62,687,782$32,744,756$26,889,929$52,644,030
93$69,005,492$34,272,806$27,714,298$57,129,154
94$75,965,201$35,873,321$28,563,876$62,038,745
95$83,632,316$37,549,779$29,439,430$67,414,799
96$92,078,914$39,305,820$30,341,754$73,303,543
97$101,384,423$41,145,265$31,271,662$79,755,865
98$111,636,368$43,072,117$32,229,997$86,827,782
99$122,931,200$45,090,573$33,217,623$94,580,966
100$135,375,203$47,205,032$34,235,435$103,083,315