Can I retire at age 45 with 18,700,000?

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 $18,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$1,544,229$1,530,473$1,517,053$1,503,955$1,491,164$1,483,010
2 years$764,470$750,232$736,434$723,055$710,078$701,851
3 years$504,584$490,285$476,521$463,268$450,503$442,456
4 years$374,667$360,411$346,785$333,759$321,302$313,498
5 years$296,736$282,567$269,120$256,359$244,249$236,711
6 years$244,800$230,737$217,489$205,012$193,266$186,004
7 years$207,717$193,773$180,734$168,552$157,177$150,194
8 years$179,918$166,099$153,277$141,394$130,393$123,690
9 years$158,307$144,619$132,017$120,436$109,810$103,385
10 years$141,029$127,475$115,096$103,817$93,564$87,413
11 years$126,902$113,483$101,328$90,352$80,468$74,588
12 years$115,137$101,856$89,926$79,251$69,732$64,118
13 years$105,190$92,048$80,343$69,967$60,807$55,454
14 years$96,672$83,669$72,189$62,109$53,303$48,205
15 years$89,296$76,434$65,177$55,390$46,933$42,082
16 years$82,848$70,126$59,092$49,596$41,479$36,869
17 years$77,165$64,584$53,772$44,561$36,778$32,402
18 years$72,119$59,678$49,087$40,159$32,702$28,552
19 years$67,609$55,309$44,936$36,287$29,148$25,217
20 years$63,555$51,396$41,240$32,865$26,035$22,316
21 years$59,893$47,873$37,933$29,827$23,299$19,783
22 years$56,567$44,688$34,961$27,119$20,884$17,564
23 years$53,535$41,796$32,281$24,698$18,747$15,614
24 years$50,760$39,160$29,854$22,526$16,850$13,898
25 years$48,211$36,750$27,651$20,572$15,162$12,382
26 years$45,862$34,539$25,645$18,810$13,658$11,042
27 years$43,691$32,505$23,813$17,217$12,314$9,855
28 years$41,678$30,629$22,138$15,775$11,111$8,802
29 years$39,808$28,895$20,601$14,466$10,033$7,867
30 years$38,065$27,288$19,189$13,276$9,065$7,034
31 years$36,438$25,797$17,889$12,193$8,196$6,293
32 years$34,916$24,409$16,691$11,206$7,414$5,633
33 years$33,489$23,116$15,585$10,305$6,709$5,044
34 years$32,149$21,908$14,561$9,481$6,075$4,518
35 years$30,888$20,780$13,614$8,728$5,502$4,048
36 years$29,700$19,723$12,735$8,038$4,985$3,628
37 years$28,579$18,732$11,920$7,406$4,518$3,253
38 years$27,519$17,802$11,163$6,826$4,096$2,917
39 years$26,516$16,928$10,458$6,294$3,714$2,616
40 years$25,566$16,106$9,802$5,806$3,369$2,347
41 years$24,664$15,331$9,192$5,356$3,057$2,105
42 years$23,808$14,601$8,622$4,943$2,774$1,889
43 years$22,993$13,912$8,091$4,563$2,517$1,696
44 years$22,218$13,261$7,594$4,213$2,285$1,522
45 years$21,480$12,645$7,131$3,891$2,074$1,366
46 years$20,775$12,063$6,698$3,594$1,883$1,226
47 years$20,103$11,512$6,292$3,321$1,710$1,101
48 years$19,460$10,990$5,913$3,068$1,553$989
49 years$18,846$10,495$5,558$2,836$1,410$888
50 years$18,258$10,025$5,225$2,621$1,281$797

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $18,700,000, adding $4,680 every year, while hoping to spend $47,835 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: 38/45/17 Blend
44$18,700,000$18,700,000$18,700,000$18,700,000
45$20,612,227$19,621,127$19,331,277$21,289,817
46$22,663,779$20,531,667$19,927,979$22,687,288
47$24,922,985$21,485,219$20,543,067$24,191,652
48$27,410,976$22,483,842$21,177,107$25,816,431
49$30,151,037$23,529,691$21,830,681$27,572,495
50$33,168,824$24,625,028$22,504,391$29,471,762
51$36,492,611$25,772,221$23,198,854$31,527,298
52$40,153,552$26,973,754$23,914,710$33,753,434
53$44,185,977$28,232,231$24,652,616$36,165,892
54$48,627,718$29,550,382$25,413,251$38,781,920
55$53,520,462$30,931,067$26,197,311$41,620,450
56$58,910,147$32,377,287$27,005,518$44,702,261
57$64,847,393$33,892,185$27,838,614$48,050,166
58$71,387,983$35,479,058$28,697,364$51,689,215
59$78,593,387$37,141,362$29,582,555$55,646,919
60$86,531,343$38,882,719$30,495,002$59,953,497
61$95,276,496$40,706,928$31,435,540$64,642,148
62$104,911,101$42,617,970$32,405,033$69,749,347
63$115,525,803$44,620,020$33,404,371$75,315,181
64$127,220,488$46,717,454$34,434,471$81,383,706
65$140,105,229$48,914,861$35,496,277$88,003,346
66$154,301,324$51,217,050$36,590,764$95,227,339
67$169,942,439$53,629,066$37,718,934$103,114,217
68$187,175,873$56,156,195$38,881,824$111,728,339
69$206,163,945$58,803,982$40,080,498$121,140,484
70$227,085,529$61,578,239$41,316,056$131,428,493
71$250,137,739$64,485,059$42,589,631$142,677,987
72$275,537,794$67,530,832$43,902,389$154,983,147
73$303,525,063$70,722,258$45,255,533$168,447,588
74$334,363,331$74,066,359$46,650,304$183,185,305
75$368,343,280$77,570,501$48,087,979$199,321,725
76$405,785,244$81,242,404$49,569,876$216,994,867
77$447,042,223$85,090,166$51,097,351$236,356,616
78$492,503,220$89,122,275$52,671,803$257,574,122
79$542,596,914$93,347,632$54,294,674$280,831,356
80$597,795,704$97,775,570$55,967,449$306,330,804
81$658,620,167$102,415,875$57,691,661$334,295,354
82$725,643,980$107,278,808$59,468,886$364,970,358
83$799,499,324$112,375,128$61,300,753$398,625,915
84$880,882,863$117,716,117$63,188,936$435,559,380
85$970,562,313$123,313,604$65,135,163$476,098,129
86$1,069,383,693$129,179,995$67,141,215$520,602,611
87$1,178,279,310$135,328,296$69,208,926$569,469,700
88$1,298,276,563$141,772,145$71,340,188$623,136,401
89$1,430,507,637$148,525,845$73,536,949$682,083,922
90$1,576,220,197$155,604,392$75,801,218$746,842,167
91$1,736,789,163$163,023,513$78,135,065$817,994,686
92$1,913,729,690$170,799,698$80,540,622$896,184,124
93$2,108,711,474$178,950,239$83,020,089$982,118,233
94$2,323,574,513$187,493,269$85,575,730$1,076,576,488
95$2,560,346,477$196,447,804$88,209,881$1,180,417,383
96$2,821,261,854$205,833,782$90,924,948$1,294,586,469
97$3,108,783,041$215,672,115$93,723,412$1,420,125,204
98$3,425,623,591$225,984,729$96,607,826$1,558,180,718
99$3,774,773,835$236,794,618$99,580,826$1,710,016,559
100$4,159,529,108$248,125,896$102,645,126$1,877,024,541