Can I retire at age 45 with 18,800,000?

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 $18,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$1,552,486$1,538,658$1,525,166$1,511,997$1,499,138$1,467,071
2 years$768,558$754,244$740,372$726,922$713,875$681,724
3 years$507,282$492,907$479,070$465,746$452,912$421,681
4 years$376,670$362,339$348,640$335,544$323,021$292,950
5 years$298,323$284,078$270,559$257,730$245,555$216,730
6 years$246,109$231,971$218,652$206,108$194,299$166,750
7 years$208,828$194,809$181,701$169,453$158,017$131,749
8 years$180,880$166,987$154,097$142,150$131,091$106,095
9 years$159,154$145,392$132,723$121,080$110,397$86,656
10 years$141,783$128,156$115,711$104,372$94,064$71,554
11 years$127,580$114,090$101,870$90,835$80,898$59,590
12 years$115,753$102,401$90,407$79,675$70,105$49,965
13 years$105,753$92,541$80,773$70,341$61,133$42,127
14 years$97,189$84,117$72,575$62,441$53,589$35,679
15 years$89,773$76,842$65,525$55,686$47,184$30,331
16 years$83,291$70,501$59,408$49,861$41,701$25,865
17 years$77,577$64,929$54,059$44,800$36,975$22,114
18 years$72,504$59,997$49,349$40,373$32,876$18,948
19 years$67,971$55,605$45,177$36,481$29,303$16,266
20 years$63,895$51,671$41,461$33,040$26,174$13,985
21 years$60,213$48,129$38,136$29,986$23,423$12,040
22 years$56,870$44,927$35,148$27,264$20,996$10,378
23 years$53,822$42,019$32,453$24,830$18,847$8,953
24 years$51,032$39,369$30,014$22,647$16,940$7,731
25 years$48,469$36,946$27,799$20,682$15,243$6,680
26 years$46,108$34,723$25,782$18,911$13,731$5,776
27 years$43,925$32,679$23,941$17,309$12,379$4,997
28 years$41,901$30,793$22,256$15,859$11,170$4,325
29 years$40,021$29,050$20,711$14,543$10,086$3,745
30 years$38,269$27,434$19,292$13,347$9,114$3,243
31 years$36,633$25,935$17,985$12,258$8,240$2,810
32 years$35,103$24,539$16,780$11,266$7,453$2,435
33 years$33,668$23,239$15,668$10,360$6,745$2,111
34 years$32,321$22,026$14,639$9,532$6,107$1,830
35 years$31,053$20,891$13,687$8,775$5,531$1,587
36 years$29,859$19,828$12,804$8,081$5,012$1,376
37 years$28,732$18,833$11,984$7,446$4,542$1,194
38 years$27,666$17,898$11,222$6,863$4,118$1,035
39 years$26,658$17,019$10,514$6,328$3,734$898
40 years$25,703$16,192$9,855$5,837$3,387$779
41 years$24,796$15,413$9,241$5,385$3,073$676
42 years$23,935$14,679$8,668$4,970$2,788$587
43 years$23,116$13,986$8,134$4,588$2,531$509
44 years$22,337$13,332$7,635$4,236$2,297$442
45 years$21,594$12,713$7,169$3,912$2,085$383
46 years$20,886$12,128$6,733$3,614$1,893$333
47 years$20,210$11,574$6,326$3,338$1,719$289
48 years$19,564$11,049$5,945$3,085$1,561$251
49 years$18,946$10,551$5,588$2,851$1,418$218
50 years$18,355$10,079$5,253$2,635$1,288$189

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $18,800,000, adding $4,154 every year, while hoping to spend $31,304 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: 54/22/24 Blend
44$18,800,000$18,800,000$18,800,000$18,800,000
45$20,721,885$19,725,485$19,434,085$21,703,540
46$22,802,210$20,658,726$20,051,819$23,312,875
47$25,093,679$21,636,648$20,689,199$25,060,340
48$27,617,796$22,661,405$21,346,849$26,962,088
49$30,398,256$23,735,259$22,025,413$29,032,902
50$33,461,171$24,860,580$22,725,558$31,289,032
51$36,835,317$26,039,854$23,447,970$33,748,347
52$40,552,400$27,275,688$24,193,358$36,430,490
53$44,647,361$28,570,813$24,962,452$39,357,069
54$49,158,706$29,928,096$25,756,008$42,551,843
55$54,128,862$31,350,542$26,574,803$46,040,949
56$59,604,588$32,841,300$27,419,640$49,853,137
57$65,637,407$34,403,675$28,291,349$54,020,037
58$72,284,098$36,041,130$29,190,785$58,576,446
59$79,607,229$37,757,299$30,118,829$63,560,657
60$87,675,749$39,555,989$31,076,393$69,014,804
61$96,565,639$41,441,196$32,064,415$74,985,257
62$106,360,627$43,417,107$33,083,866$81,523,047
63$117,152,980$45,488,115$34,135,744$88,684,343
64$129,044,376$47,658,824$35,221,084$96,530,970
65$142,146,860$49,934,065$36,340,948$105,130,983
66$156,583,907$52,318,901$37,496,437$114,559,300
67$172,491,581$54,818,643$38,688,683$124,898,399
68$190,019,826$57,438,860$39,918,858$136,239,081
69$209,333,876$60,185,392$41,188,168$148,681,324
70$230,615,818$63,064,363$42,497,858$162,335,205
71$254,066,310$66,082,195$43,849,214$177,321,932
72$279,906,474$69,245,623$45,243,563$193,774,976
73$308,379,984$72,561,709$46,682,273$211,841,310
74$339,755,369$76,037,859$48,166,755$231,682,790
75$374,328,542$79,681,840$49,698,468$253,477,662
76$412,425,601$83,501,797$51,278,913$277,422,234
77$454,405,899$87,506,271$52,909,643$303,732,705
78$500,665,443$91,704,221$54,592,259$332,647,196
79$551,640,630$96,105,040$56,328,412$364,427,976
80$607,812,367$100,718,580$58,119,806$399,363,919
81$669,710,609$105,555,171$59,968,200$437,773,212
82$737,919,366$110,625,649$61,875,409$480,006,337
83$813,082,211$115,941,375$63,843,306$526,449,361
84$895,908,361$121,514,267$65,873,821$577,527,551
85$987,179,369$127,356,822$67,968,949$633,709,375
86$1,087,756,503$133,482,144$70,130,747$695,510,890
87$1,198,588,878$139,903,980$72,361,338$763,500,595
88$1,320,722,412$146,636,744$74,662,912$838,304,765
89$1,455,309,707$153,695,554$77,037,729$920,613,339
90$1,603,620,925$161,096,264$79,488,121$1,011,186,404
91$1,767,055,781$168,855,502$82,016,494$1,110,861,336
92$1,947,156,756$176,990,707$84,625,332$1,220,560,676
93$2,145,623,660$185,520,167$87,317,196$1,341,300,803
94$2,364,329,682$194,463,064$90,094,731$1,474,201,497
95$2,605,339,069$203,839,514$92,960,663$1,620,496,470
96$2,870,926,618$213,670,613$95,917,809$1,781,544,974
97$3,163,599,150$223,978,491$98,969,073$1,958,844,598
98$3,486,119,178$234,786,351$102,117,452$2,154,045,355
99$3,841,530,986$246,118,534$105,366,038$2,368,965,223
100$4,233,189,369$258,000,565$108,718,023$2,605,607,256