Can I retire at age 45 with 18,500,000?

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 $18,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,433,164
2 years$756,293$742,208$728,557$715,322$702,484$660,444
3 years$499,187$485,041$471,425$458,314$445,685$404,974
4 years$370,659$356,557$343,077$330,189$317,866$278,798
5 years$293,563$279,545$266,242$253,617$241,637$204,317
6 years$242,182$228,269$215,163$202,820$191,199$155,663
7 years$205,496$191,700$178,801$166,749$155,496$121,743
8 years$177,994$164,322$151,638$139,882$128,999$97,011
9 years$156,614$143,072$130,605$119,148$108,636$78,380
10 years$139,521$126,111$113,865$102,707$92,563$64,000
11 years$125,544$112,269$100,245$89,386$79,607$52,690
12 years$113,906$100,767$88,965$78,403$68,986$43,662
13 years$104,065$91,064$79,484$69,218$60,157$36,371
14 years$95,638$82,775$71,417$61,444$52,733$30,426
15 years$88,341$75,616$64,480$54,798$46,431$25,542
16 years$81,962$69,376$58,460$49,065$41,036$21,503
17 years$76,340$63,893$53,197$44,085$36,385$18,146
18 years$71,347$59,040$48,562$39,729$32,352$15,343
19 years$66,886$54,718$44,456$35,899$28,836$12,995
20 years$62,876$50,846$40,799$32,513$25,757$11,022
21 years$59,252$47,361$37,528$29,508$23,049$9,359
22 years$55,962$44,210$34,587$26,829$20,660$7,954
23 years$52,963$41,349$31,935$24,434$18,546$6,767
24 years$50,218$38,741$29,535$22,285$16,670$5,760
25 years$47,696$36,357$27,355$20,352$15,000$4,906
26 years$45,372$34,169$25,371$18,609$13,512$4,181
27 years$43,224$32,157$23,559$17,033$12,182$3,565
28 years$41,232$30,302$21,901$15,606$10,992$3,040
29 years$39,382$28,586$20,381$14,311$9,925$2,594
30 years$37,658$26,997$18,984$13,134$8,968$2,214
31 years$36,048$25,521$17,698$12,063$8,108$1,889
32 years$34,543$24,148$16,513$11,086$7,334$1,613
33 years$33,131$22,868$15,418$10,194$6,638$1,377
34 years$31,805$21,674$14,406$9,380$6,010$1,176
35 years$30,558$20,557$13,468$8,635$5,443$1,005
36 years$29,382$19,512$12,599$7,952$4,932$858
37 years$28,273$18,532$11,793$7,327$4,470$733
38 years$27,225$17,612$11,043$6,753$4,052$626
39 years$26,233$16,747$10,346$6,227$3,675$535
40 years$25,292$15,934$9,698$5,743$3,333$457
41 years$24,400$15,167$9,093$5,299$3,024$391
42 years$23,553$14,445$8,530$4,890$2,744$334
43 years$22,748$13,763$8,004$4,514$2,490$285
44 years$21,981$13,119$7,513$4,168$2,260$244
45 years$21,250$12,510$7,055$3,850$2,052$208
46 years$20,553$11,934$6,626$3,556$1,863$178
47 years$19,888$11,389$6,225$3,285$1,692$152
48 years$19,252$10,872$5,850$3,036$1,536$130
49 years$18,644$10,382$5,498$2,805$1,395$111
50 years$18,062$9,918$5,169$2,593$1,267$95

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $18,500,000, adding $3,103 every year, while hoping to spend $43,989 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: 42/28/30 Blend
44$18,500,000$18,500,000$18,500,000$18,500,000
45$20,390,201$19,409,701$19,122,951$21,067,275
46$22,423,197$20,313,972$19,716,766$22,461,273
47$24,662,085$21,261,078$20,328,999$23,965,625
48$27,127,819$22,253,072$20,960,221$25,594,046
49$29,843,489$23,292,105$21,611,021$27,358,036
50$32,834,539$24,380,432$22,282,005$29,270,223
51$36,129,007$25,520,419$22,973,797$31,344,473
52$39,757,789$26,714,543$23,687,043$33,596,013
53$43,754,931$27,965,403$24,422,406$36,041,571
54$48,157,950$29,275,724$25,180,573$38,699,523
55$53,008,187$30,648,361$25,962,248$41,590,062
56$58,351,199$32,086,308$26,768,161$44,735,379
57$64,237,189$33,592,704$27,599,061$48,159,863
58$70,721,475$35,170,839$28,455,723$51,890,327
59$77,865,020$36,824,164$29,338,944$55,956,245
60$85,734,999$38,556,296$30,249,546$60,390,027
61$94,405,441$40,371,026$31,188,378$65,227,313
62$103,957,920$42,272,331$32,156,312$70,507,298
63$114,482,331$44,264,378$33,154,251$76,273,092
64$126,077,733$46,351,537$34,183,123$82,572,117
65$138,853,290$48,538,390$35,243,886$89,456,539
66$152,929,296$50,829,741$36,337,527$96,983,754
67$168,438,313$53,230,628$37,465,063$105,216,911
68$185,526,422$55,746,330$38,627,543$114,225,499
69$204,354,601$58,382,384$39,826,050$124,085,987
70$225,100,246$61,144,596$41,061,698$134,882,531
71$247,958,843$64,039,054$42,335,637$146,707,756
72$273,145,816$67,072,138$43,649,052$159,663,609
73$300,898,558$70,250,541$45,003,164$173,862,311
74$331,478,673$73,581,280$46,399,232$189,427,394
75$365,174,447$77,071,712$47,838,556$206,494,852
76$402,303,565$80,729,551$49,322,472$225,214,403
77$443,216,115$84,562,886$50,852,362$245,750,886
78$488,297,890$88,580,198$52,429,646$268,285,794
79$537,974,028$92,790,380$54,055,793$293,018,964
80$592,713,029$97,202,759$55,732,312$320,170,445
81$653,031,176$101,827,113$57,460,763$349,982,550
82$719,497,409$106,673,695$59,242,751$382,722,115
83$792,738,695$111,753,256$61,079,934$418,682,999
84$873,445,947$117,077,071$62,974,017$458,188,825
85$962,380,549$122,656,962$64,926,761$501,596,009
86$1,060,381,537$128,505,326$66,939,980$549,297,095
87$1,168,373,529$134,635,162$69,015,545$601,724,433
88$1,287,375,446$141,060,102$71,155,383$659,354,220
89$1,418,510,135$147,794,440$73,361,481$722,710,971
90$1,563,014,967$154,853,166$75,635,889$792,372,430
91$1,722,253,522$162,251,999$77,980,720$868,974,987
92$1,897,728,456$170,007,422$80,398,149$953,219,649
93$2,091,095,694$178,136,721$82,890,422$1,045,878,617
94$2,304,180,056$186,658,022$85,459,852$1,147,802,533
95$2,538,992,490$195,590,333$88,108,826$1,259,928,468
96$2,797,749,054$204,953,589$90,839,801$1,383,288,719
97$3,082,891,835$214,768,693$93,655,313$1,519,020,509
98$3,397,112,011$225,057,568$96,557,974$1,668,376,671
99$3,743,375,249$235,843,201$99,550,479$1,832,737,423
100$4,124,949,707$247,149,701$102,635,603$2,013,623,342