Can I retire at age 54 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%14.3%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,448,989
2 years$756,293$742,208$728,557$715,322$702,484$676,150
3 years$499,187$485,041$471,425$458,314$445,685$420,064
4 years$370,659$356,557$343,077$330,189$317,866$293,156
5 years$293,563$279,545$266,242$253,617$241,637$217,908
6 years$242,182$228,269$215,163$202,820$191,199$168,479
7 years$205,496$191,700$178,801$166,749$155,496$133,791
8 years$177,994$164,322$151,638$139,882$128,999$108,303
9 years$156,614$143,072$130,605$119,148$108,636$88,938
10 years$139,521$126,111$113,865$102,707$92,563$73,845
11 years$125,544$112,269$100,245$89,386$79,607$61,849
12 years$113,906$100,767$88,965$78,403$68,986$52,163
13 years$104,065$91,064$79,484$69,218$60,157$44,243
14 years$95,638$82,775$71,417$61,444$52,733$37,701
15 years$88,341$75,616$64,480$54,798$46,431$32,250
16 years$81,962$69,376$58,460$49,065$41,036$27,676
17 years$76,340$63,893$53,197$44,085$36,385$23,816
18 years$71,347$59,040$48,562$39,729$32,352$20,541
19 years$66,886$54,718$44,456$35,899$28,836$17,751
20 years$62,876$50,846$40,799$32,513$25,757$15,365
21 years$59,252$47,361$37,528$29,508$23,049$13,319
22 years$55,962$44,210$34,587$26,829$20,660$11,560
23 years$52,963$41,349$31,935$24,434$18,546$10,044
24 years$50,218$38,741$29,535$22,285$16,670$8,734
25 years$47,696$36,357$27,355$20,352$15,000$7,601
26 years$45,372$34,169$25,371$18,609$13,512$6,620
27 years$43,224$32,157$23,559$17,033$12,182$5,769
28 years$41,232$30,302$21,901$15,606$10,992$5,029
29 years$39,382$28,586$20,381$14,311$9,925$4,387
30 years$37,658$26,997$18,984$13,134$8,968$3,828
31 years$36,048$25,521$17,698$12,063$8,108$3,341
32 years$34,543$24,148$16,513$11,086$7,334$2,917
33 years$33,131$22,868$15,418$10,194$6,638$2,548
34 years$31,805$21,674$14,406$9,380$6,010$2,226
35 years$30,558$20,557$13,468$8,635$5,443$1,945
36 years$29,382$19,512$12,599$7,952$4,932$1,699
37 years$28,273$18,532$11,793$7,327$4,470$1,485
38 years$27,225$17,612$11,043$6,753$4,052$1,298
39 years$26,233$16,747$10,346$6,227$3,675$1,135
40 years$25,292$15,934$9,698$5,743$3,333$992
41 years$24,400$15,167$9,093$5,299$3,024$868
42 years$23,553$14,445$8,530$4,890$2,744$759
43 years$22,748$13,763$8,004$4,514$2,490$663
44 years$21,981$13,119$7,513$4,168$2,260$580
45 years$21,250$12,510$7,055$3,850$2,052$507
46 years$20,553$11,934$6,626$3,556$1,863$444
47 years$19,888$11,389$6,225$3,285$1,692$388
48 years$19,252$10,872$5,850$3,036$1,536$340
49 years$18,644$10,382$5,498$2,805$1,395$297
50 years$18,062$9,918$5,169$2,593$1,267$260

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $18,500,000, adding $3,763 every year, while hoping to spend $43,588 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: 59/32/9 Blend
53$18,500,000$18,500,000$18,500,000$18,500,000
54$20,390,882$19,410,382$19,123,632$21,551,899
55$22,424,374$20,315,113$19,717,896$23,236,975
56$24,663,822$21,262,715$20,330,607$25,068,217
57$27,130,187$22,255,243$20,962,337$27,063,849
58$29,846,567$23,294,851$21,613,676$29,239,667
59$32,838,414$24,383,796$22,285,232$31,613,034
60$36,133,775$25,524,445$22,977,630$34,203,039
61$39,763,558$26,719,280$23,691,518$37,030,671
62$43,761,818$27,970,903$24,427,562$40,119,006
63$48,166,086$29,282,040$25,186,448$43,493,427
64$53,017,718$30,655,550$25,968,884$47,181,846
65$58,362,284$32,094,431$26,775,601$51,214,969
66$64,250,004$33,601,825$27,607,351$55,626,571
67$70,736,217$35,181,027$28,464,909$60,453,811
68$77,881,903$36,835,490$29,349,077$65,737,572
69$85,754,264$38,568,835$30,260,677$71,522,838
70$94,427,350$40,384,859$31,200,561$77,859,109
71$103,982,764$42,287,542$32,169,604$84,800,860
72$114,510,432$44,281,057$33,168,712$92,408,043
73$126,109,446$46,369,779$34,198,814$100,746,643
74$138,889,007$48,558,296$35,260,871$109,889,287
75$152,969,449$50,851,416$36,355,874$119,915,923
76$168,483,380$53,254,183$37,484,843$130,914,557
77$185,576,930$55,771,883$38,648,831$142,982,072
78$204,411,132$58,410,060$39,848,921$156,225,131
79$225,163,441$61,174,527$41,086,234$170,761,168
80$248,029,411$64,071,377$42,361,921$186,719,479
81$273,224,537$67,107,001$43,677,172$204,242,433
82$300,986,294$70,288,098$45,033,211$223,486,793
83$331,576,375$73,621,694$46,431,303$244,625,183
84$365,283,163$77,115,155$47,872,750$267,847,698
85$402,424,453$80,776,204$49,358,894$293,363,679
86$443,350,449$84,612,941$50,891,119$321,403,672
87$488,447,077$88,633,857$52,470,853$352,221,579
88$538,139,619$92,847,856$54,099,567$386,097,037
89$592,896,736$97,264,276$55,778,778$423,338,035
90$653,234,884$101,892,907$57,510,049$464,283,796
91$719,723,199$106,744,016$59,294,991$509,307,956
92$792,988,859$111,828,367$61,135,268$558,822,064
93$873,723,015$117,157,249$63,032,591$613,279,439
94$962,687,307$122,742,499$64,988,728$673,179,423
95$1,060,721,060$128,596,529$67,005,498$739,072,066
96$1,168,749,205$134,732,356$69,084,779$811,563,282
97$1,287,791,011$141,163,628$71,228,506$891,320,543
98$1,418,969,706$147,904,658$73,438,673$979,079,138
99$1,563,523,085$154,970,455$75,717,337$1,075,649,088
100$1,722,815,190$162,376,757$78,066,619$1,181,922,746