Can I retire at age 80 with 18,500,000?

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 $18,500,000?

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$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,462,856
2 years$756,293$742,208$728,557$715,322$702,484$690,026
3 years$499,187$485,041$471,425$458,314$445,685$433,516
4 years$370,659$356,557$343,077$330,189$317,866$306,080
5 years$293,563$279,545$266,242$253,617$241,637$230,268
6 years$242,182$228,269$215,163$202,820$191,199$180,261
7 years$205,496$191,700$178,801$166,749$155,496$144,995
8 years$177,994$164,322$151,638$139,882$128,999$118,934
9 years$156,614$143,072$130,605$119,148$108,636$99,004
10 years$139,521$126,111$113,865$102,707$92,563$83,360
11 years$125,544$112,269$100,245$89,386$79,607$70,825
12 years$113,906$100,767$88,965$78,403$68,986$60,616
13 years$104,065$91,064$79,484$69,218$60,157$52,191
14 years$95,638$82,775$71,417$61,444$52,733$45,160
15 years$88,341$75,616$64,480$54,798$46,431$39,240
16 years$81,962$69,376$58,460$49,065$41,036$34,216
17 years$76,340$63,893$53,197$44,085$36,385$29,925
18 years$71,347$59,040$48,562$39,729$32,352$26,240
19 years$66,886$54,718$44,456$35,899$28,836$23,059
20 years$62,876$50,846$40,799$32,513$25,757$20,303
21 years$59,252$47,361$37,528$29,508$23,049$17,905
22 years$55,962$44,210$34,587$26,829$20,660$15,814
23 years$52,963$41,349$31,935$24,434$18,546$13,985
24 years$50,218$38,741$29,535$22,285$16,670$12,381
25 years$47,696$36,357$27,355$20,352$15,000$10,971
26 years$45,372$34,169$25,371$18,609$13,512$9,731
27 years$43,224$32,157$23,559$17,033$12,182$8,637
28 years$41,232$30,302$21,901$15,606$10,992$7,671
29 years$39,382$28,586$20,381$14,311$9,925$6,817
30 years$37,658$26,997$18,984$13,134$8,968$6,062
31 years$36,048$25,521$17,698$12,063$8,108$5,392
32 years$34,543$24,148$16,513$11,086$7,334$4,799
33 years$33,131$22,868$15,418$10,194$6,638$4,272
34 years$31,805$21,674$14,406$9,380$6,010$3,804
35 years$30,558$20,557$13,468$8,635$5,443$3,389
36 years$29,382$19,512$12,599$7,952$4,932$3,020
37 years$28,273$18,532$11,793$7,327$4,470$2,691
38 years$27,225$17,612$11,043$6,753$4,052$2,399
39 years$26,233$16,747$10,346$6,227$3,675$2,139
40 years$25,292$15,934$9,698$5,743$3,333$1,907
41 years$24,400$15,167$9,093$5,299$3,024$1,701
42 years$23,553$14,445$8,530$4,890$2,744$1,517
43 years$22,748$13,763$8,004$4,514$2,490$1,353
44 years$21,981$13,119$7,513$4,168$2,260$1,207
45 years$21,250$12,510$7,055$3,850$2,052$1,077
46 years$20,553$11,934$6,626$3,556$1,863$961
47 years$19,888$11,389$6,225$3,285$1,692$858
48 years$19,252$10,872$5,850$3,036$1,536$765
49 years$18,644$10,382$5,498$2,805$1,395$683
50 years$18,062$9,918$5,169$2,593$1,267$610

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 80 starting with $18,500,000, adding $6,178 every year, while hoping to spend $51,087 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: 72/11/17 Blend
79$18,500,000$18,500,000$18,500,000$18,500,000
80$20,393,373$19,412,873$19,126,123$21,780,794
81$22,419,140$20,309,747$19,712,492$23,599,765
82$24,649,824$21,248,856$20,316,792$25,584,360
83$27,106,272$22,232,216$20,939,570$27,756,442
84$29,811,455$23,261,938$21,581,389$30,134,581
85$32,790,688$24,340,238$22,242,830$32,739,219
86$36,071,865$25,469,435$22,924,491$35,592,862
87$39,685,721$26,651,964$23,626,988$38,720,287
88$43,666,129$27,890,375$24,350,956$42,148,774
89$48,050,411$29,187,340$25,097,050$45,908,360
90$52,879,696$30,545,662$25,865,944$50,032,121
91$58,199,304$31,968,279$26,658,332$54,556,476
92$64,059,177$33,458,269$27,474,930$59,521,533
93$70,514,349$35,018,860$28,316,476$64,971,461
94$77,625,464$36,653,435$29,183,730$70,954,900
95$85,459,351$38,365,543$30,077,474$77,525,422
96$94,089,651$40,158,900$30,998,515$84,742,028
97$103,597,514$42,037,406$31,947,685$92,669,703
98$114,072,368$44,005,146$32,925,840$101,380,023
99$125,612,756$46,066,405$33,933,862$110,951,827
100$138,327,271$48,225,672$34,972,660$121,471,954