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%12.8%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,457,991
2 years$756,293$742,208$728,557$715,322$702,484$685,146
3 years$499,187$485,041$471,425$458,314$445,685$428,772
4 years$370,659$356,557$343,077$330,189$317,866$301,510
5 years$293,563$279,545$266,242$253,617$241,637$225,884
6 years$242,182$228,269$215,163$202,820$191,199$176,069
7 years$205,496$191,700$178,801$166,749$155,496$140,995
8 years$177,994$164,322$151,638$139,882$128,999$115,126
9 years$156,614$143,072$130,605$119,148$108,636$95,385
10 years$139,521$126,111$113,865$102,707$92,563$79,925
11 years$125,544$112,269$100,245$89,386$79,607$67,572
12 years$113,906$100,767$88,965$78,403$68,986$57,540
13 years$104,065$91,064$79,484$69,218$60,157$49,286
14 years$95,638$82,775$71,417$61,444$52,733$42,422
15 years$88,341$75,616$64,480$54,798$46,431$36,663
16 years$81,962$69,376$58,460$49,065$41,036$31,794
17 years$76,340$63,893$53,197$44,085$36,385$27,651
18 years$71,347$59,040$48,562$39,729$32,352$24,108
19 years$66,886$54,718$44,456$35,899$28,836$21,064
20 years$62,876$50,846$40,799$32,513$25,757$18,437
21 years$59,252$47,361$37,528$29,508$23,049$16,164
22 years$55,962$44,210$34,587$26,829$20,660$14,190
23 years$52,963$41,349$31,935$24,434$18,546$12,472
24 years$50,218$38,741$29,535$22,285$16,670$10,974
25 years$47,696$36,357$27,355$20,352$15,000$9,664
26 years$45,372$34,169$25,371$18,609$13,512$8,517
27 years$43,224$32,157$23,559$17,033$12,182$7,512
28 years$41,232$30,302$21,901$15,606$10,992$6,629
29 years$39,382$28,586$20,381$14,311$9,925$5,853
30 years$37,658$26,997$18,984$13,134$8,968$5,171
31 years$36,048$25,521$17,698$12,063$8,108$4,570
32 years$34,543$24,148$16,513$11,086$7,334$4,040
33 years$33,131$22,868$15,418$10,194$6,638$3,573
34 years$31,805$21,674$14,406$9,380$6,010$3,160
35 years$30,558$20,557$13,468$8,635$5,443$2,796
36 years$29,382$19,512$12,599$7,952$4,932$2,475
37 years$28,273$18,532$11,793$7,327$4,470$2,191
38 years$27,225$17,612$11,043$6,753$4,052$1,940
39 years$26,233$16,747$10,346$6,227$3,675$1,717
40 years$25,292$15,934$9,698$5,743$3,333$1,521
41 years$24,400$15,167$9,093$5,299$3,024$1,347
42 years$23,553$14,445$8,530$4,890$2,744$1,193
43 years$22,748$13,763$8,004$4,514$2,490$1,057
44 years$21,981$13,119$7,513$4,168$2,260$937
45 years$21,250$12,510$7,055$3,850$2,052$830
46 years$20,553$11,934$6,626$3,556$1,863$735
47 years$19,888$11,389$6,225$3,285$1,692$652
48 years$19,252$10,872$5,850$3,036$1,536$577
49 years$18,644$10,382$5,498$2,805$1,395$512
50 years$18,062$9,918$5,169$2,593$1,267$453

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 $5,502 every year, while hoping to spend $21,355 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: 27/50/23 Blend
54$18,500,000$18,500,000$18,500,000$18,500,000
55$20,392,675$19,412,175$19,125,425$20,795,193
56$22,450,007$20,340,650$19,743,406$22,042,910
57$24,716,470$21,313,905$20,381,372$23,379,436
58$27,213,374$22,334,111$21,039,973$24,814,060
59$29,964,202$23,403,545$21,719,875$26,355,121
60$32,994,827$24,524,596$22,421,768$28,011,735
61$36,333,767$25,699,768$23,146,364$29,793,869
62$40,012,443$26,931,689$23,894,399$31,712,426
63$44,065,481$28,223,110$24,666,630$33,779,333
64$48,531,040$29,576,923$25,463,843$36,007,644
65$53,451,169$30,996,155$26,286,844$38,411,653
66$58,872,204$32,483,983$27,136,470$41,007,010
67$64,845,210$34,043,739$28,013,582$43,810,863
68$71,426,455$35,678,916$28,919,071$46,841,996
69$78,677,949$37,393,178$29,853,855$50,121,001
70$86,668,024$39,190,368$30,818,883$53,670,450
71$95,471,982$41,074,515$31,815,135$57,515,095
72$105,172,803$43,049,846$32,843,622$61,682,083
73$115,861,933$45,120,792$33,905,387$66,201,195
74$127,640,142$47,292,003$35,001,509$71,105,109
75$140,618,477$49,568,351$36,133,100$76,429,688
76$154,919,312$51,954,951$37,301,310$82,214,296
77$170,677,502$54,457,163$38,507,323$88,502,153
78$188,041,653$57,080,611$39,752,365$95,340,716
79$207,175,533$59,831,192$41,037,700$102,782,105
80$228,259,607$62,715,090$42,364,633$110,883,571
81$251,492,751$65,738,793$43,734,512$119,708,010
82$277,094,121$68,909,103$45,148,727$129,324,528
83$305,305,227$72,233,155$46,608,716$139,809,068
84$336,392,213$75,718,433$48,115,961$151,245,097
85$370,648,366$79,372,783$49,671,992$163,724,357
86$408,396,887$83,204,437$51,278,392$177,347,709
87$449,993,942$87,222,028$52,936,791$192,226,041
88$495,832,025$91,434,608$54,648,874$208,481,286
89$546,343,662$95,851,674$56,416,382$226,247,530
90$602,005,494$100,483,184$58,241,109$245,672,244
91$663,342,778$105,339,584$60,124,910$266,917,633
92$730,934,346$110,431,828$62,069,699$290,162,123
93$805,418,068$115,771,406$64,077,453$315,602,002
94$887,496,875$121,370,369$66,150,211$343,453,226
95$977,945,394$127,241,355$68,290,081$373,953,408
96$1,077,617,264$133,397,621$70,499,238$407,364,008
97$1,187,453,189$139,853,068$72,779,927$443,972,750
98$1,308,489,826$146,622,280$75,134,466$484,096,281
99$1,441,869,566$153,720,551$77,565,249$528,083,098
100$1,588,851,325$161,163,920$80,074,748$576,316,781