Can I retire at age 45 with 18,300,000?

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 $18,300,000?

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%
1 years$1,511,197$1,497,736$1,484,603$1,471,784$1,459,268$1,452,508
2 years$748,117$734,184$720,681$707,589$694,889$688,066
3 years$493,791$479,798$466,328$453,359$440,866$434,191
4 years$366,652$352,702$339,368$326,620$314,430$307,953
5 years$290,389$276,523$263,363$250,875$239,024$232,766
6 years$239,564$225,802$212,837$200,627$189,132$183,100
7 years$203,274$189,628$176,868$164,946$153,815$148,013
8 years$176,069$162,546$149,998$138,369$127,604$122,032
9 years$154,921$141,526$129,193$117,860$107,461$102,117
10 years$138,012$124,748$112,634$101,597$91,562$86,445
11 years$124,187$111,056$99,161$88,419$78,747$73,852
12 years$112,674$99,678$88,003$77,556$68,240$63,564
13 years$102,940$90,079$78,625$68,470$59,507$55,045
14 years$94,604$81,880$70,645$60,780$52,163$47,912
15 years$87,386$74,799$63,783$54,205$45,929$41,881
16 years$81,076$68,626$57,828$48,535$40,592$36,743
17 years$75,514$63,202$52,621$43,608$35,992$32,336
18 years$70,576$58,402$48,037$39,300$32,002$28,534
19 years$66,163$54,126$43,975$35,511$28,524$25,237
20 years$62,196$50,297$40,358$32,162$25,478$22,365
21 years$58,611$46,849$37,122$29,189$22,800$19,856
22 years$55,357$43,732$34,214$26,539$20,437$17,655
23 years$52,390$40,902$31,590$24,170$18,346$15,719
24 years$49,675$38,322$29,216$22,044$16,489$14,012
25 years$47,180$35,964$27,059$20,132$14,838$12,503
26 years$44,881$33,800$25,096$18,408$13,365$11,168
27 years$42,756$31,810$23,304$16,849$12,050$9,983
28 years$40,787$29,974$21,664$15,437$10,873$8,930
29 years$38,956$28,277$20,160$14,156$9,818$7,994
30 years$37,251$26,705$18,779$12,992$8,871$7,160
31 years$35,659$25,245$17,507$11,932$8,020$6,416
32 years$34,169$23,887$16,334$10,966$7,255$5,752
33 years$32,773$22,621$15,251$10,084$6,566$5,159
34 years$31,461$21,440$14,250$9,278$5,945$4,629
35 years$30,227$20,335$13,323$8,541$5,384$4,154
36 years$29,065$19,301$12,463$7,866$4,878$3,730
37 years$27,967$18,332$11,665$7,248$4,421$3,349
38 years$26,930$17,422$10,924$6,680$4,008$3,008
39 years$25,949$16,566$10,235$6,160$3,635$2,703
40 years$25,019$15,761$9,593$5,681$3,297$2,429
41 years$24,137$15,003$8,995$5,242$2,991$2,183
42 years$23,299$14,289$8,438$4,838$2,714$1,962
43 years$22,502$13,614$7,918$4,466$2,463$1,764
44 years$21,743$12,977$7,432$4,123$2,236$1,586
45 years$21,020$12,375$6,978$3,808$2,030$1,426
46 years$20,331$11,805$6,554$3,517$1,843$1,282
47 years$19,673$11,266$6,158$3,250$1,674$1,153
48 years$19,044$10,755$5,786$3,003$1,520$1,037
49 years$18,443$10,270$5,439$2,775$1,380$933
50 years$17,867$9,810$5,113$2,565$1,254$839

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $18,300,000, adding $5,771 every year, while hoping to spend $42,812 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: 44/43/13 Blend
44$18,300,000$18,300,000$18,300,000$18,300,000
45$20,172,553$19,202,653$18,919,003$20,984,452
46$22,184,602$20,098,031$19,507,238$22,446,586
47$24,400,444$21,035,848$20,113,744$24,025,613
48$26,840,823$22,018,138$20,739,088$25,736,107
49$29,528,594$23,047,034$21,383,854$27,590,192
50$32,488,942$24,124,770$22,048,645$29,601,170
51$35,749,622$25,253,691$22,734,082$31,783,637
52$39,341,215$26,436,254$23,440,806$34,153,617
53$43,297,423$27,675,034$24,169,476$36,728,701
54$47,655,381$28,972,732$24,920,774$39,528,206
55$52,456,012$30,332,178$25,695,402$42,573,346
56$57,744,410$31,756,339$26,494,083$45,887,421
57$63,570,268$33,248,328$27,317,563$49,496,031
58$69,988,346$34,811,407$28,166,612$53,427,302
59$77,058,985$36,448,994$29,042,022$57,712,142
60$84,848,683$38,164,676$29,944,610$62,384,521
61$93,430,714$39,962,211$30,875,221$67,481,779
62$102,885,828$41,845,540$31,834,722$73,044,962
63$113,303,007$43,818,796$32,824,009$79,119,202
64$124,780,306$45,886,310$33,844,007$85,754,121
65$137,425,783$48,052,624$34,895,666$93,004,291
66$151,358,512$50,322,502$35,979,970$100,929,730
67$166,709,711$52,700,936$37,097,930$109,596,451
68$183,623,981$55,193,160$38,250,590$119,077,068
69$202,260,667$57,804,665$39,439,024$129,451,468
70$222,795,366$60,541,205$40,664,343$140,807,538
71$245,421,585$63,408,816$41,927,690$153,241,981
72$270,352,562$66,413,823$43,230,243$166,861,206
73$297,823,285$69,562,862$44,573,218$181,782,308
74$328,092,707$72,862,889$45,957,868$198,134,157
75$361,446,191$76,321,198$47,385,484$216,058,581
76$398,198,203$79,945,437$48,857,398$235,711,689
77$438,695,281$83,743,626$50,374,983$257,265,312
78$483,319,309$87,724,173$51,939,654$280,908,601
79$532,491,117$91,895,895$53,552,870$306,849,782
80$586,674,456$96,268,039$55,216,137$335,318,091
81$646,380,377$100,850,300$56,931,004$366,565,909
82$712,172,053$105,652,842$58,699,070$400,871,107
83$784,670,098$110,686,327$60,521,984$438,539,639
84$864,558,423$115,961,932$62,401,446$479,908,390
85$952,590,694$121,491,379$64,339,207$525,348,321
86$1,049,597,448$127,286,959$66,337,073$575,267,929
87$1,156,493,929$133,361,562$68,396,906$630,117,064
88$1,274,288,734$139,728,702$70,520,627$690,391,127
89$1,404,093,330$146,402,554$72,710,213$756,635,707
90$1,547,132,550$153,397,980$74,967,706$829,451,679
91$1,704,756,154$160,730,565$77,295,208$909,500,828
92$1,878,451,572$168,416,653$79,694,888$997,512,042
93$2,069,857,948$176,473,384$82,168,981$1,094,288,142
94$2,280,781,609$184,918,730$84,719,793$1,200,713,397
95$2,513,213,126$193,771,541$87,349,699$1,317,761,816
96$2,769,346,099$203,051,580$90,061,147$1,446,506,277
97$3,051,597,869$212,779,576$92,856,665$1,588,128,590
98$3,362,632,343$222,977,266$95,738,854$1,743,930,585
99$3,705,385,134$233,667,445$98,710,398$1,915,346,325
100$4,083,091,286$244,874,017$101,774,064$2,103,955,573