Can I retire at age 45 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%11%
1 years$1,486,423$1,473,183$1,460,265$1,447,657$1,435,345$1,429,297
2 years$735,853$722,148$708,867$695,989$683,498$677,392
3 years$485,696$471,932$458,684$445,927$433,639$427,664
4 years$360,642$346,920$333,804$321,265$309,275$303,477
5 years$285,629$271,990$259,046$246,762$235,106$229,503
6 years$235,636$222,100$209,347$197,338$186,031$180,630
7 years$199,942$186,519$173,969$162,242$151,293$146,096
8 years$173,183$159,881$147,539$136,101$125,512$120,520
9 years$152,381$139,205$127,076$115,928$105,700$100,911
10 years$135,750$122,703$110,787$99,931$90,061$85,474
11 years$122,151$109,235$97,535$86,970$77,456$73,067
12 years$110,827$98,044$86,560$76,284$67,122$62,928
13 years$101,253$88,603$77,336$67,348$58,531$54,529
14 years$93,053$80,537$69,487$59,784$51,308$47,493
15 years$85,953$73,572$62,737$53,317$45,176$41,543
16 years$79,747$67,501$56,880$47,739$39,926$36,471
17 years$74,276$62,166$51,759$42,893$35,402$32,118
18 years$69,419$57,444$47,249$38,655$31,477$28,361
19 years$65,078$53,239$43,254$34,929$28,057$25,102
20 years$61,176$49,472$39,697$31,634$25,061$22,262
21 years$57,651$46,081$36,513$28,710$22,426$19,779
22 years$54,450$43,015$33,653$26,104$20,102$17,599
23 years$51,531$40,231$31,072$23,774$18,045$15,681
24 years$48,860$37,694$28,737$21,683$16,219$13,989
25 years$46,407$35,374$26,616$19,802$14,595$12,492
26 years$44,146$33,246$24,685$18,106$13,146$11,166
27 years$42,055$31,288$22,922$16,573$11,853$9,990
28 years$40,118$29,483$21,309$15,184$10,695$8,943
29 years$38,318$27,814$19,830$13,924$9,657$8,012
30 years$36,640$26,267$18,471$12,779$8,726$7,182
31 years$35,074$24,831$17,220$11,737$7,889$6,441
32 years$33,609$23,495$16,066$10,786$7,136$5,779
33 years$32,235$22,250$15,001$9,919$6,458$5,187
34 years$30,945$21,088$14,016$9,126$5,847$4,658
35 years$29,732$20,002$13,104$8,401$5,296$4,184
36 years$28,588$18,985$12,259$7,737$4,798$3,760
37 years$27,509$18,031$11,474$7,129$4,349$3,379
38 years$26,489$17,136$10,745$6,571$3,943$3,038
39 years$25,524$16,295$10,067$6,059$3,575$2,731
40 years$24,609$15,503$9,436$5,588$3,243$2,457
41 years$23,741$14,757$8,848$5,156$2,942$2,210
42 years$22,917$14,054$8,299$4,758$2,670$1,988
43 years$22,133$13,391$7,788$4,392$2,423$1,789
44 years$21,387$12,764$7,310$4,056$2,199$1,610
45 years$20,676$12,172$6,864$3,745$1,997$1,449
46 years$19,997$11,612$6,447$3,460$1,813$1,304
47 years$19,350$11,081$6,057$3,196$1,646$1,174
48 years$18,732$10,578$5,692$2,954$1,495$1,057
49 years$18,140$10,102$5,350$2,730$1,358$951
50 years$17,574$9,650$5,030$2,523$1,233$856

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $18,000,000, adding $6,671 every year, while hoping to spend $30,830 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: 59/26/15 Blend
44$18,000,000$18,000,000$18,000,000$18,000,000
45$19,842,881$18,888,881$18,609,881$20,937,658
46$21,834,052$19,781,633$19,200,509$22,570,422
47$24,027,289$20,717,097$19,809,890$24,346,110
48$26,443,171$21,697,333$20,438,619$26,281,769
49$29,104,373$22,724,501$21,087,312$28,392,828
50$32,035,883$23,800,866$21,756,601$30,696,250
51$35,265,238$24,928,803$22,447,142$33,210,688
52$38,822,781$26,110,803$23,159,610$35,956,654
53$42,741,948$27,349,476$23,894,700$38,956,708
54$47,059,586$28,647,560$24,653,132$42,235,666
55$51,816,299$30,007,925$25,435,648$45,820,824
56$57,056,831$31,433,583$26,243,011$49,742,215
57$62,830,489$32,927,689$27,076,012$54,032,880
58$69,191,605$34,493,553$27,935,466$58,729,175
59$76,200,057$36,134,645$28,822,212$63,871,106
60$83,921,824$37,854,604$29,737,117$69,502,700
61$92,429,617$39,657,246$30,681,077$75,672,411
62$101,803,559$41,546,572$31,655,014$82,433,568
63$112,131,945$43,526,778$32,659,881$89,844,872
64$123,512,077$45,602,263$33,696,660$97,970,937
65$136,051,176$47,777,641$34,766,366$106,882,893
66$149,867,401$50,057,750$35,870,044$116,659,045
67$165,090,959$52,447,663$37,008,773$127,385,605
68$181,865,338$54,952,700$38,183,669$139,157,487
69$200,348,660$57,578,440$39,395,879$152,079,199
70$220,715,172$60,330,732$40,646,589$166,265,814
71$243,156,892$63,215,711$41,937,023$181,844,040
72$267,885,425$66,239,811$43,268,443$198,953,409
73$295,133,954$69,409,777$44,642,151$217,747,573
74$325,159,445$72,732,684$46,059,491$238,395,746
75$358,245,074$76,215,951$47,521,850$261,084,281
76$394,702,898$79,867,358$49,030,658$286,018,414
77$434,876,799$83,695,065$50,587,391$313,424,186
78$479,145,736$87,707,626$52,193,571$343,550,559
79$527,927,316$91,914,015$53,850,772$376,671,742
80$581,681,743$96,323,642$55,560,613$413,089,769
81$640,916,154$100,946,375$57,324,767$453,137,322
82$706,189,417$105,792,562$59,144,962$497,180,855
83$778,117,396$110,873,056$61,022,977$545,624,028
84$857,378,774$116,199,239$62,960,650$598,911,495
85$944,721,455$121,783,048$64,959,877$657,533,079
86$1,040,969,625$127,636,999$67,022,615$722,028,367
87$1,147,031,536$133,774,222$69,150,883$792,991,780
88$1,263,908,077$140,208,483$71,346,761$871,078,153
89$1,392,702,224$146,954,222$73,612,401$957,008,892
90$1,534,629,453$154,026,581$75,950,018$1,051,578,747
91$1,691,029,215$161,441,440$78,361,902$1,155,663,291
92$1,863,377,581$169,215,457$80,850,411$1,270,227,142
93$2,053,301,176$177,366,096$83,417,982$1,396,333,044
94$2,262,592,539$185,911,678$86,067,127$1,535,151,854
95$2,493,227,043$194,871,415$88,800,441$1,687,973,563
96$2,747,381,543$204,265,456$91,620,597$1,856,219,430
97$3,027,454,930$214,114,933$94,530,357$2,041,455,356
98$3,336,090,777$224,442,009$97,532,568$2,245,406,628
99$3,676,202,298$235,269,929$100,630,171$2,469,974,153
100$4,050,999,846$246,623,070$103,826,196$2,717,252,359