Can I retire at age 45 with 18,400,000?

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 $18,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,439,384
2 years$752,205$738,196$724,619$711,455$698,687$670,729
3 years$496,489$482,419$468,877$455,836$443,275$416,089
4 years$368,656$354,629$341,222$328,404$316,148$289,943
5 years$291,976$278,034$264,802$252,246$240,331$215,181
6 years$240,873$227,035$214,000$201,723$190,165$166,099
7 years$204,385$190,664$177,835$165,848$154,655$131,679
8 years$177,031$163,434$150,818$139,126$128,302$106,409
9 years$155,768$142,299$129,899$118,504$108,048$87,226
10 years$138,767$125,430$113,249$102,152$92,063$72,290
11 years$124,866$111,663$99,703$88,903$79,177$60,432
12 years$113,290$100,222$88,484$77,980$68,613$50,870
13 years$103,503$90,572$79,054$68,844$59,832$43,061
14 years$95,121$82,327$71,031$61,112$52,448$36,619
15 years$87,863$75,207$64,131$54,501$46,180$31,260
16 years$81,519$69,001$58,144$48,800$40,814$26,770
17 years$75,927$63,548$52,909$43,846$36,188$22,986
18 years$70,962$58,721$48,299$39,514$32,177$19,782
19 years$66,524$54,422$44,216$35,705$28,680$17,057
20 years$62,536$50,571$40,579$32,337$25,617$14,732
21 years$58,932$47,105$37,325$29,348$22,925$12,741
22 years$55,660$43,971$34,400$26,684$20,549$11,033
23 years$52,677$41,125$31,763$24,302$18,446$9,563
24 years$49,946$38,532$29,375$22,165$16,580$8,297
25 years$47,438$36,160$27,207$20,242$14,919$7,204
26 years$45,127$33,985$25,233$18,508$13,439$6,259
27 years$42,990$31,984$23,431$16,941$12,116$5,441
28 years$41,010$30,138$21,783$15,522$10,932$4,732
29 years$39,169$28,432$20,270$14,234$9,872$4,117
30 years$37,454$26,851$18,881$13,063$8,920$3,584
31 years$35,854$25,383$17,602$11,997$8,064$3,120
32 years$34,356$24,017$16,423$11,026$7,295$2,718
33 years$32,952$22,745$15,335$10,139$6,602$2,368
34 years$31,633$21,557$14,328$9,329$5,977$2,063
35 years$30,392$20,446$13,395$8,588$5,414$1,798
36 years$29,223$19,407$12,531$7,909$4,905$1,567
37 years$28,120$18,432$11,729$7,287$4,446$1,366
38 years$27,078$17,517$10,984$6,717$4,030$1,191
39 years$26,091$16,657$10,290$6,193$3,655$1,039
40 years$25,156$15,848$9,645$5,712$3,315$906
41 years$24,269$15,085$9,044$5,270$3,008$790
42 years$23,426$14,367$8,484$4,864$2,729$689
43 years$22,625$13,689$7,961$4,490$2,477$601
44 years$21,862$13,048$7,473$4,146$2,248$524
45 years$21,135$12,443$7,017$3,829$2,041$457
46 years$20,442$11,870$6,590$3,537$1,853$399
47 years$19,780$11,327$6,191$3,267$1,683$348
48 years$19,148$10,813$5,818$3,019$1,528$304
49 years$18,543$10,326$5,469$2,790$1,388$265
50 years$17,965$9,864$5,141$2,579$1,261$231

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $18,400,000, adding $2,552 every year, while hoping to spend $25,642 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: 28/46/26 Blend
44$18,400,000$18,400,000$18,400,000$18,400,000
45$20,279,432$19,304,232$19,019,032$20,682,933
46$22,320,652$20,222,857$19,628,887$21,921,708
47$24,569,216$21,185,635$20,258,313$23,249,288
48$27,046,247$22,194,702$20,907,937$24,675,129
49$29,775,021$23,252,299$21,578,410$26,207,670
50$32,781,187$24,360,775$22,270,400$27,856,138
51$36,093,008$25,522,594$22,984,599$29,630,628
52$39,741,632$26,740,338$23,721,720$31,542,190
53$43,761,381$28,016,717$24,482,500$33,602,918
54$48,190,076$29,354,570$25,267,698$35,826,058
55$53,069,396$30,756,877$26,078,099$38,226,119
56$58,445,271$32,226,760$26,914,511$40,818,997
57$64,368,314$33,767,496$27,777,772$43,622,115
58$70,894,298$35,382,519$28,668,744$46,654,571
59$78,084,685$37,075,432$29,588,315$49,937,308
60$86,007,206$38,850,011$30,537,407$53,493,293
61$94,736,497$40,710,217$31,516,966$57,347,724
62$104,354,807$42,660,206$32,527,972$61,528,246
63$114,952,773$44,704,332$33,571,435$66,065,201
64$126,630,276$46,847,164$34,648,398$70,991,891
65$139,497,382$49,093,493$35,759,937$76,344,881
66$153,675,384$51,448,343$36,907,164$82,164,318
67$169,297,944$53,916,982$38,091,225$88,494,297
68$186,512,357$56,504,937$39,313,303$95,383,251
69$205,480,939$59,218,001$40,574,621$102,884,389
70$226,382,563$62,062,251$41,876,439$111,056,175
71$249,414,344$65,044,061$43,220,059$119,962,856
72$274,793,500$68,170,113$44,606,824$129,675,043
73$302,759,405$71,447,417$46,038,121$140,270,352
74$333,575,847$74,883,323$47,515,381$151,834,109
75$367,533,518$78,485,540$49,040,081$164,460,126
76$404,952,759$82,262,154$50,613,745$178,251,560
77$446,186,584$86,221,642$52,237,949$193,321,851
78$491,624,010$90,372,898$53,914,316$209,795,761
79$541,693,736$94,725,247$55,644,522$227,810,520
80$596,868,182$99,288,469$57,430,298$247,517,084
81$657,667,955$104,072,822$59,273,432$269,081,519
82$724,666,760$109,089,064$61,175,765$292,686,536
83$798,496,819$114,348,477$63,139,202$318,533,168
84$879,854,836$119,862,894$65,165,707$346,842,629
85$969,508,577$125,644,724$67,257,306$377,858,352
86$1,068,304,120$131,706,984$69,416,094$411,848,248
87$1,177,173,837$138,063,322$71,644,230$449,107,175
88$1,297,145,199$144,728,056$73,943,943$489,959,679
89$1,429,350,479$151,716,201$76,317,534$534,762,996
90$1,575,037,437$159,043,503$78,767,380$583,910,373
91$1,735,581,100$166,726,479$81,295,932$637,834,718
92$1,912,496,747$174,782,452$83,905,721$697,012,623
93$2,107,454,211$183,229,587$86,599,358$761,968,800
94$2,322,293,644$192,086,940$89,379,540$833,280,966
95$2,559,042,891$201,374,496$92,249,050$911,585,224
96$2,819,936,633$211,113,213$95,210,760$997,581,994
97$3,107,437,484$221,325,076$98,267,636$1,092,042,545
98$3,424,259,243$232,033,140$101,422,737$1,195,816,193
99$3,773,392,511$243,261,589$104,679,223$1,309,838,238
100$4,158,132,924$255,035,784$108,040,355$1,435,138,696