Can I retire at age 80 with 18,100,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%13%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,425,284
2 years$739,941$726,160$712,805$699,855$687,295$669,147
3 years$488,394$474,554$461,232$448,404$436,048$418,352
4 years$362,645$348,847$335,659$323,050$310,993$293,885
5 years$287,216$273,501$260,485$248,133$236,412$219,942
6 years$236,946$223,334$210,510$198,434$187,065$171,252
7 years$201,052$187,555$174,935$163,144$152,134$136,985
8 years$174,145$160,770$148,359$136,857$126,210$111,723
9 years$153,228$139,979$127,782$116,572$106,287$92,457
10 years$136,504$123,384$111,403$100,486$90,562$77,378
11 years$122,830$109,842$98,077$87,453$77,886$65,337
12 years$111,443$98,588$87,041$76,708$67,494$55,566
13 years$101,815$89,095$77,765$67,722$58,856$47,534
14 years$93,570$80,985$69,873$60,116$51,593$40,859
15 years$86,431$73,981$63,086$53,613$45,427$35,264
16 years$80,190$67,876$57,196$48,004$40,148$30,538
17 years$74,689$62,512$52,046$43,132$35,598$26,522
18 years$69,805$57,763$47,512$38,870$31,652$23,091
19 years$65,440$53,535$43,495$35,123$28,212$20,146
20 years$61,516$49,747$39,917$31,810$25,200$17,608
21 years$57,971$46,337$36,716$28,870$22,551$15,413
22 years$54,752$43,254$33,840$26,249$20,214$13,511
23 years$51,818$40,455$31,245$23,906$18,145$11,857
24 years$49,132$37,903$28,896$21,803$16,309$10,416
25 years$46,665$35,571$26,764$19,912$14,676$9,159
26 years$44,391$33,431$24,822$18,207$13,219$8,059
27 years$42,289$31,462$23,049$16,665$11,918$7,097
28 years$40,341$29,647$21,427$15,269$10,754$6,253
29 years$38,530$27,968$19,940$14,002$9,711$5,512
30 years$36,844$26,413$18,573$12,850$8,774$4,861
31 years$35,269$24,969$17,315$11,802$7,933$4,289
32 years$33,796$23,626$16,156$10,846$7,176$3,785
33 years$32,414$22,374$15,085$9,974$6,494$3,342
34 years$31,117$21,205$14,094$9,177$5,880$2,951
35 years$29,897$20,113$13,177$8,448$5,325$2,607
36 years$28,747$19,090$12,327$7,780$4,825$2,303
37 years$27,662$18,131$11,538$7,168$4,373$2,036
38 years$26,636$17,231$10,805$6,607$3,965$1,799
39 years$25,665$16,385$10,123$6,092$3,595$1,590
40 years$24,746$15,589$9,488$5,619$3,261$1,406
41 years$23,873$14,839$8,897$5,184$2,959$1,243
42 years$23,044$14,133$8,345$4,785$2,685$1,099
43 years$22,256$13,465$7,831$4,417$2,436$972
44 years$21,505$12,835$7,351$4,078$2,212$860
45 years$20,790$12,240$6,902$3,766$2,008$760
46 years$20,109$11,676$6,483$3,479$1,823$673
47 years$19,458$11,143$6,090$3,214$1,655$595
48 years$18,836$10,637$5,723$2,970$1,503$526
49 years$18,241$10,158$5,379$2,745$1,365$466
50 years$17,672$9,703$5,058$2,537$1,240$412

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 $3,861 every year, while hoping to spend $49,485 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: 72/20/8 Blend
79$18,100,000$18,100,000$18,100,000$18,100,000
80$19,950,183$18,990,883$18,710,333$21,360,188
81$21,932,450$19,868,784$19,284,477$23,169,518
82$24,115,249$20,788,044$19,876,197$25,143,365
83$26,518,984$21,750,638$20,486,029$27,303,104
84$29,166,134$22,758,633$21,114,525$29,667,053
85$32,081,474$23,814,200$21,762,256$32,255,369
86$35,292,301$24,919,613$22,429,808$35,090,237
87$38,828,696$26,077,254$23,117,786$38,196,076
88$42,723,805$27,289,621$23,826,814$41,599,760
89$47,014,154$28,559,334$24,557,534$45,330,874
90$51,739,994$29,889,137$25,310,607$49,421,983
91$56,945,677$31,281,908$26,086,716$53,908,941
92$62,680,077$32,740,664$26,886,562$58,831,216
93$68,997,054$34,268,565$27,710,871$64,232,266
94$75,955,956$35,868,927$28,560,388$70,159,938
95$83,622,184$37,545,225$29,435,881$76,666,916
96$92,067,807$39,301,101$30,338,143$83,811,213
97$101,372,243$41,140,374$31,267,990$91,656,711
98$111,623,007$43,067,048$32,226,263$100,273,757
99$122,916,538$45,085,318$33,213,828$109,739,823
100$135,359,112$47,199,586$34,231,578$120,140,229