Can I retire at age 55 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%19.4%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,419,489
2 years$756,293$742,208$728,557$715,322$702,484$646,987
3 years$499,187$485,041$471,425$458,314$445,685$392,163
4 years$370,659$356,557$343,077$330,189$317,866$266,729
5 years$293,563$279,545$266,242$253,617$241,637$193,015
6 years$242,182$228,269$215,163$202,820$191,199$145,127
7 years$205,496$191,700$178,801$166,749$155,496$111,960
8 years$177,994$164,322$151,638$139,882$128,999$87,959
9 years$156,614$143,072$130,605$119,148$108,636$70,033
10 years$139,521$126,111$113,865$102,707$92,563$56,326
11 years$125,544$112,269$100,245$89,386$79,607$45,657
12 years$113,906$100,767$88,965$78,403$68,986$37,236
13 years$104,065$91,064$79,484$69,218$60,157$30,515
14 years$95,638$82,775$71,417$61,444$52,733$25,105
15 years$88,341$75,616$64,480$54,798$46,431$20,719
16 years$81,962$69,376$58,460$49,065$41,036$17,143
17 years$76,340$63,893$53,197$44,085$36,385$14,214
18 years$71,347$59,040$48,562$39,729$32,352$11,806
19 years$66,886$54,718$44,456$35,899$28,836$9,819
20 years$62,876$50,846$40,799$32,513$25,757$8,176
21 years$59,252$47,361$37,528$29,508$23,049$6,815
22 years$55,962$44,210$34,587$26,829$20,660$5,685
23 years$52,963$41,349$31,935$24,434$18,546$4,745
24 years$50,218$38,741$29,535$22,285$16,670$3,963
25 years$47,696$36,357$27,355$20,352$15,000$3,311
26 years$45,372$34,169$25,371$18,609$13,512$2,768
27 years$43,224$32,157$23,559$17,033$12,182$2,314
28 years$41,232$30,302$21,901$15,606$10,992$1,936
29 years$39,382$28,586$20,381$14,311$9,925$1,619
30 years$37,658$26,997$18,984$13,134$8,968$1,355
31 years$36,048$25,521$17,698$12,063$8,108$1,134
32 years$34,543$24,148$16,513$11,086$7,334$949
33 years$33,131$22,868$15,418$10,194$6,638$794
34 years$31,805$21,674$14,406$9,380$6,010$665
35 years$30,558$20,557$13,468$8,635$5,443$557
36 years$29,382$19,512$12,599$7,952$4,932$466
37 years$28,273$18,532$11,793$7,327$4,470$390
38 years$27,225$17,612$11,043$6,753$4,052$327
39 years$26,233$16,747$10,346$6,227$3,675$274
40 years$25,292$15,934$9,698$5,743$3,333$229
41 years$24,400$15,167$9,093$5,299$3,024$192
42 years$23,553$14,445$8,530$4,890$2,744$161
43 years$22,748$13,763$8,004$4,514$2,490$135
44 years$21,981$13,119$7,513$4,168$2,260$113
45 years$21,250$12,510$7,055$3,850$2,052$94
46 years$20,553$11,934$6,626$3,556$1,863$79
47 years$19,888$11,389$6,225$3,285$1,692$66
48 years$19,252$10,872$5,850$3,036$1,536$55
49 years$18,644$10,382$5,498$2,805$1,395$46
50 years$18,062$9,918$5,169$2,593$1,267$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $18,500,000, adding $2,329 every year, while hoping to spend $23,403 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: 57/33/10 Blend
54$18,500,000$18,500,000$18,500,000$18,500,000
55$20,389,402$19,408,902$19,122,152$21,502,267
56$22,444,221$20,335,038$19,737,844$23,179,333
57$24,707,846$21,305,770$20,373,377$25,002,988
58$27,201,553$22,323,259$21,029,391$26,989,471
59$29,948,782$23,389,770$21,706,547$29,154,359
60$32,975,369$24,507,679$22,405,527$31,514,772
61$36,309,779$25,679,478$23,127,034$34,089,526
62$39,983,383$26,907,779$23,871,796$36,899,307
63$44,030,750$28,195,322$24,640,563$39,966,855
64$48,489,974$29,544,980$25,434,110$43,317,171
65$53,403,033$30,959,766$26,253,234$46,977,751
66$58,816,187$32,442,839$27,098,763$50,978,832
67$64,780,414$33,997,514$27,971,547$55,353,668
68$71,351,888$35,627,264$28,872,466$60,138,840
69$78,592,515$37,335,735$29,802,428$65,374,589
70$86,570,512$39,126,746$30,762,370$71,105,183
71$95,361,054$41,004,306$31,753,258$77,379,332
72$105,046,982$42,972,618$32,776,093$84,250,628
73$115,719,586$45,036,088$33,831,904$91,778,047
74$127,479,468$47,199,340$34,921,756$100,026,491
75$140,437,486$49,467,220$36,046,748$109,067,387
76$154,715,808$51,844,812$37,208,012$118,979,350
77$170,449,060$54,337,448$38,406,721$129,848,911
78$187,785,600$56,950,718$39,644,082$141,771,319
79$206,888,915$59,690,487$40,921,342$154,851,426
80$227,939,167$62,562,904$42,239,790$169,204,662
81$251,134,894$65,574,419$43,600,755$184,958,106
82$276,694,882$68,731,794$45,005,609$202,251,669
83$304,860,232$72,042,124$46,455,769$221,239,400
84$335,896,636$75,512,848$47,952,697$242,090,915
85$370,096,884$79,151,768$49,497,903$264,992,986
86$407,783,628$82,967,067$51,092,946$290,151,277
87$449,312,432$86,967,327$52,739,433$317,792,269
88$495,075,122$91,161,549$54,439,026$348,165,371
89$545,503,491$95,559,171$56,193,440$381,545,254
90$601,073,370$100,170,093$58,004,443$418,234,418
91$662,309,126$105,004,700$59,873,864$458,566,021
92$729,788,606$110,073,880$61,803,588$502,906,997
93$804,148,598$115,389,053$63,795,562$551,661,493
94$886,090,838$120,962,200$65,851,796$605,274,651
95$976,388,637$126,805,882$67,974,365$664,236,783
96$1,075,894,183$132,933,275$70,165,411$729,087,965
97$1,185,546,583$139,358,198$72,427,145$800,423,100
98$1,306,380,729$146,095,145$74,761,850$878,897,499
99$1,439,537,073$153,159,317$77,171,882$965,233,030
100$1,586,272,388$160,566,656$79,659,673$1,060,224,894