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%12.7%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,458,597
2 years$756,293$742,208$728,557$715,322$702,484$685,753
3 years$499,187$485,041$471,425$458,314$445,685$429,362
4 years$370,659$356,557$343,077$330,189$317,866$302,077
5 years$293,563$279,545$266,242$253,617$241,637$226,427
6 years$242,182$228,269$215,163$202,820$191,199$176,588
7 years$205,496$191,700$178,801$166,749$155,496$141,489
8 years$177,994$164,322$151,638$139,882$128,999$115,595
9 years$156,614$143,072$130,605$119,148$108,636$95,830
10 years$139,521$126,111$113,865$102,707$92,563$80,347
11 years$125,544$112,269$100,245$89,386$79,607$67,971
12 years$113,906$100,767$88,965$78,403$68,986$57,916
13 years$104,065$91,064$79,484$69,218$60,157$49,641
14 years$95,638$82,775$71,417$61,444$52,733$42,756
15 years$88,341$75,616$64,480$54,798$46,431$36,976
16 years$81,962$69,376$58,460$49,065$41,036$32,087
17 years$76,340$63,893$53,197$44,085$36,385$27,926
18 years$71,347$59,040$48,562$39,729$32,352$24,366
19 years$66,886$54,718$44,456$35,899$28,836$21,304
20 years$62,876$50,846$40,799$32,513$25,757$18,661
21 years$59,252$47,361$37,528$29,508$23,049$16,373
22 years$55,962$44,210$34,587$26,829$20,660$14,384
23 years$52,963$41,349$31,935$24,434$18,546$12,653
24 years$50,218$38,741$29,535$22,285$16,670$11,141
25 years$47,696$36,357$27,355$20,352$15,000$9,819
26 years$45,372$34,169$25,371$18,609$13,512$8,661
27 years$43,224$32,157$23,559$17,033$12,182$7,645
28 years$41,232$30,302$21,901$15,606$10,992$6,752
29 years$39,382$28,586$20,381$14,311$9,925$5,966
30 years$37,658$26,997$18,984$13,134$8,968$5,275
31 years$36,048$25,521$17,698$12,063$8,108$4,666
32 years$34,543$24,148$16,513$11,086$7,334$4,128
33 years$33,131$22,868$15,418$10,194$6,638$3,654
34 years$31,805$21,674$14,406$9,380$6,010$3,235
35 years$30,558$20,557$13,468$8,635$5,443$2,865
36 years$29,382$19,512$12,599$7,952$4,932$2,537
37 years$28,273$18,532$11,793$7,327$4,470$2,248
38 years$27,225$17,612$11,043$6,753$4,052$1,992
39 years$26,233$16,747$10,346$6,227$3,675$1,765
40 years$25,292$15,934$9,698$5,743$3,333$1,565
41 years$24,400$15,167$9,093$5,299$3,024$1,387
42 years$23,553$14,445$8,530$4,890$2,744$1,230
43 years$22,748$13,763$8,004$4,514$2,490$1,090
44 years$21,981$13,119$7,513$4,168$2,260$967
45 years$21,250$12,510$7,055$3,850$2,052$857
46 years$20,553$11,934$6,626$3,556$1,863$760
47 years$19,888$11,389$6,225$3,285$1,692$674
48 years$19,252$10,872$5,850$3,036$1,536$598
49 years$18,644$10,382$5,498$2,805$1,395$531
50 years$18,062$9,918$5,169$2,593$1,267$471

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 $4,082 every year, while hoping to spend $24,005 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: 54/30/16 Blend
54$18,500,000$18,500,000$18,500,000$18,500,000
55$20,391,211$19,410,711$19,123,961$21,404,974
56$22,445,573$20,336,294$19,739,072$23,022,715
57$24,708,676$21,306,427$20,373,985$24,779,793
58$27,201,785$22,323,266$21,029,338$26,691,824
59$29,948,336$23,389,075$21,705,790$28,773,573
60$32,974,151$24,506,225$22,404,019$31,041,268
61$36,307,689$25,677,205$23,124,728$33,512,742
62$39,980,309$26,904,623$23,868,642$36,207,597
63$44,026,566$28,191,215$24,636,507$39,147,382
64$48,484,542$29,539,851$25,429,096$42,355,787
65$53,396,201$30,953,539$26,247,206$45,858,865
66$58,807,785$32,435,434$27,091,660$49,685,262
67$64,770,253$33,988,845$27,963,305$53,866,483
68$71,339,762$35,617,241$28,863,018$58,437,185
69$78,578,194$37,324,262$29,791,705$63,435,485
70$86,553,741$39,113,722$30,750,299$68,903,321
71$95,341,552$40,989,624$31,739,763$74,886,829
72$105,024,439$42,956,164$32,761,094$81,436,775
73$115,693,659$45,017,743$33,815,318$88,609,019
74$127,449,776$47,178,977$34,903,495$96,465,032
75$140,403,611$49,444,704$36,026,720$105,072,467
76$154,677,287$51,820,002$37,186,122$114,505,780
77$170,405,381$54,310,194$38,382,869$124,846,925
78$187,736,199$56,920,862$39,618,163$136,186,109
79$206,833,168$59,657,861$40,893,248$148,622,634
80$227,876,385$62,527,331$42,209,407$162,265,818
81$251,064,318$65,535,711$43,567,963$177,236,008
82$276,615,672$68,689,755$44,970,284$193,665,705
83$304,771,463$71,996,545$46,417,781$211,700,793
84$335,797,286$75,463,509$47,911,910$231,501,902
85$369,985,825$79,098,437$49,454,175$253,245,903
86$407,659,618$82,909,499$51,046,128$277,127,559
87$449,174,097$86,905,263$52,689,372$303,361,342
88$494,920,949$91,094,715$54,385,560$332,183,439
89$545,331,810$95,487,280$56,136,400$363,853,956
90$600,882,339$100,092,842$57,943,655$398,659,351
91$662,096,713$104,921,766$59,809,142$436,915,114
92$729,552,571$109,984,926$61,734,742$478,968,719
93$803,886,470$115,293,723$63,722,392$525,202,876
94$885,799,891$120,860,117$65,774,093$576,039,118
95$976,065,867$126,696,650$67,891,912$631,941,751
96$1,075,536,275$132,816,476$70,077,981$693,422,202
97$1,185,149,883$139,233,391$72,334,502$761,043,819
98$1,305,941,211$145,961,866$74,663,747$835,427,152
99$1,439,050,293$153,017,077$77,068,061$917,255,780
100$1,585,733,449$160,414,940$79,549,868$1,007,282,721