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%13.5%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,453,771
2 years$756,293$742,208$728,557$715,322$702,484$680,923
3 years$499,187$485,041$471,425$458,314$445,685$424,679
4 years$370,659$356,557$343,077$330,189$317,866$297,577
5 years$293,563$279,545$266,242$253,617$241,637$222,123
6 years$242,182$228,269$215,163$202,820$191,199$172,484
7 years$205,496$191,700$178,801$166,749$155,496$137,586
8 years$177,994$164,322$151,638$139,882$128,999$111,891
9 years$156,614$143,072$130,605$119,148$108,636$92,322
10 years$139,521$126,111$113,865$102,707$92,563$77,031
11 years$125,544$112,269$100,245$89,386$79,607$64,842
12 years$113,906$100,767$88,965$78,403$68,986$54,969
13 years$104,065$91,064$79,484$69,218$60,157$46,869
14 years$95,638$82,775$71,417$61,444$52,733$40,154
15 years$88,341$75,616$64,480$54,798$46,431$34,538
16 years$81,962$69,376$58,460$49,065$41,036$29,806
17 years$76,340$63,893$53,197$44,085$36,385$25,795
18 years$71,347$59,040$48,562$39,729$32,352$22,377
19 years$66,886$54,718$44,456$35,899$28,836$19,451
20 years$62,876$50,846$40,799$32,513$25,757$16,938
21 years$59,252$47,361$37,528$29,508$23,049$14,772
22 years$55,962$44,210$34,587$26,829$20,660$12,899
23 years$52,963$41,349$31,935$24,434$18,546$11,277
24 years$50,218$38,741$29,535$22,285$16,670$9,868
25 years$47,696$36,357$27,355$20,352$15,000$8,643
26 years$45,372$34,169$25,371$18,609$13,512$7,575
27 years$43,224$32,157$23,559$17,033$12,182$6,644
28 years$41,232$30,302$21,901$15,606$10,992$5,830
29 years$39,382$28,586$20,381$14,311$9,925$5,118
30 years$37,658$26,997$18,984$13,134$8,968$4,496
31 years$36,048$25,521$17,698$12,063$8,108$3,950
32 years$34,543$24,148$16,513$11,086$7,334$3,472
33 years$33,131$22,868$15,418$10,194$6,638$3,053
34 years$31,805$21,674$14,406$9,380$6,010$2,685
35 years$30,558$20,557$13,468$8,635$5,443$2,361
36 years$29,382$19,512$12,599$7,952$4,932$2,078
37 years$28,273$18,532$11,793$7,327$4,470$1,828
38 years$27,225$17,612$11,043$6,753$4,052$1,609
39 years$26,233$16,747$10,346$6,227$3,675$1,416
40 years$25,292$15,934$9,698$5,743$3,333$1,247
41 years$24,400$15,167$9,093$5,299$3,024$1,098
42 years$23,553$14,445$8,530$4,890$2,744$966
43 years$22,748$13,763$8,004$4,514$2,490$851
44 years$21,981$13,119$7,513$4,168$2,260$749
45 years$21,250$12,510$7,055$3,850$2,052$660
46 years$20,553$11,934$6,626$3,556$1,863$581
47 years$19,888$11,389$6,225$3,285$1,692$512
48 years$19,252$10,872$5,850$3,036$1,536$451
49 years$18,644$10,382$5,498$2,805$1,395$397
50 years$18,062$9,918$5,169$2,593$1,267$350

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 $3,132 every year, while hoping to spend $31,048 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: 59/28/13 Blend
54$18,500,000$18,500,000$18,500,000$18,500,000
55$20,390,231$19,409,731$19,122,981$21,527,362
56$22,436,999$20,327,773$19,730,566$23,212,247
57$24,691,498$21,289,758$20,357,464$25,044,939
58$27,174,882$22,297,807$21,004,290$27,042,659
59$29,910,464$23,354,144$21,671,678$29,221,300
60$32,923,933$24,461,099$22,360,281$31,598,339
61$36,243,598$25,621,117$23,070,775$34,192,990
62$39,900,654$26,836,760$23,803,854$37,026,381
63$43,929,476$28,110,717$24,560,239$40,121,749
64$48,367,945$29,445,804$25,340,669$43,504,651
65$53,257,804$30,844,978$26,145,910$47,203,197
66$58,645,053$32,311,335$26,976,752$51,248,313
67$64,580,383$33,848,124$27,834,007$55,674,019
68$71,119,652$35,458,753$28,718,517$60,517,747
69$78,324,418$37,146,792$29,631,148$65,820,687
70$86,262,512$38,915,989$30,572,795$71,628,163
71$95,008,685$40,770,269$31,544,380$77,990,052
72$104,645,311$42,713,752$32,546,857$84,961,250
73$115,263,163$44,750,757$33,581,207$92,602,179
74$126,962,274$46,885,812$34,648,446$100,979,341
75$139,852,875$49,123,666$35,749,618$110,165,945
76$154,056,441$51,469,299$36,885,803$120,242,578
77$169,706,837$53,927,933$38,058,116$131,297,960
78$186,951,577$56,505,044$39,267,706$143,429,765
79$205,953,221$59,206,375$40,515,758$156,745,532
80$226,890,910$62,037,947$41,803,496$171,363,668
81$249,962,052$65,006,077$43,132,182$187,414,550
82$275,384,192$68,117,384$44,503,121$205,041,739
83$303,397,059$71,378,816$45,917,655$224,403,324
84$334,264,834$74,797,653$47,377,171$245,673,397
85$368,278,643$78,381,534$48,883,102$269,043,676
86$405,759,302$82,138,466$50,436,924$294,725,301
87$447,060,350$86,076,850$52,040,160$322,950,808
88$492,571,383$90,205,493$53,694,383$353,976,303
89$542,721,734$94,533,633$55,401,215$388,083,860
90$597,984,526$99,070,955$57,162,330$425,584,165
91$658,881,134$103,827,619$58,979,455$466,819,423
92$725,986,116$108,814,279$60,854,373$512,166,568
93$799,932,628$114,042,106$62,788,922$562,040,794
94$881,418,406$119,522,819$64,785,001$616,899,451
95$971,212,352$125,268,706$66,844,567$677,246,338
96$1,070,161,792$131,292,653$68,969,640$743,636,426
97$1,179,200,477$137,608,175$71,162,305$816,681,071
98$1,299,357,397$144,229,446$73,424,714$897,053,753
99$1,431,766,494$151,171,332$75,759,084$985,496,404
100$1,577,677,371$158,449,422$78,167,708$1,082,826,378