Can I retire at age 57 with 18,100,000?

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 $18,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,401,612
2 years$739,941$726,160$712,805$699,855$687,295$645,606
3 years$488,394$474,554$461,232$448,404$436,048$395,685
4 years$362,645$348,847$335,659$323,050$310,993$272,265
5 years$287,216$273,501$260,485$248,133$236,412$199,425
6 years$236,946$223,334$210,510$198,434$187,065$151,852
7 years$201,052$187,555$174,935$163,144$152,134$118,696
8 years$174,145$160,770$148,359$136,857$126,210$94,527
9 years$153,228$139,979$127,782$116,572$106,287$76,327
10 years$136,504$123,384$111,403$100,486$90,562$62,285
11 years$122,830$109,842$98,077$87,453$77,886$51,245
12 years$111,443$98,588$87,041$76,708$67,494$42,436
13 years$101,815$89,095$77,765$67,722$58,856$35,326
14 years$93,570$80,985$69,873$60,116$51,593$29,532
15 years$86,431$73,981$63,086$53,613$45,427$24,774
16 years$80,190$67,876$57,196$48,004$40,148$20,841
17 years$74,689$62,512$52,046$43,132$35,598$17,575
18 years$69,805$57,763$47,512$38,870$31,652$14,849
19 years$65,440$53,535$43,495$35,123$28,212$12,567
20 years$61,516$49,747$39,917$31,810$25,200$10,650
21 years$57,971$46,337$36,716$28,870$22,551$9,037
22 years$54,752$43,254$33,840$26,249$20,214$7,675
23 years$51,818$40,455$31,245$23,906$18,145$6,523
24 years$49,132$37,903$28,896$21,803$16,309$5,549
25 years$46,665$35,571$26,764$19,912$14,676$4,723
26 years$44,391$33,431$24,822$18,207$13,219$4,021
27 years$42,289$31,462$23,049$16,665$11,918$3,426
28 years$40,341$29,647$21,427$15,269$10,754$2,919
29 years$38,530$27,968$19,940$14,002$9,711$2,489
30 years$36,844$26,413$18,573$12,850$8,774$2,122
31 years$35,269$24,969$17,315$11,802$7,933$1,810
32 years$33,796$23,626$16,156$10,846$7,176$1,544
33 years$32,414$22,374$15,085$9,974$6,494$1,317
34 years$31,117$21,205$14,094$9,177$5,880$1,124
35 years$29,897$20,113$13,177$8,448$5,325$959
36 years$28,747$19,090$12,327$7,780$4,825$819
37 years$27,662$18,131$11,538$7,168$4,373$699
38 years$26,636$17,231$10,805$6,607$3,965$596
39 years$25,665$16,385$10,123$6,092$3,595$509
40 years$24,746$15,589$9,488$5,619$3,261$435
41 years$23,873$14,839$8,897$5,184$2,959$371
42 years$23,044$14,133$8,345$4,785$2,685$317
43 years$22,256$13,465$7,831$4,417$2,436$270
44 years$21,505$12,835$7,351$4,078$2,212$231
45 years$20,790$12,240$6,902$3,766$2,008$197
46 years$20,109$11,676$6,483$3,479$1,823$168
47 years$19,458$11,143$6,090$3,214$1,655$144
48 years$18,836$10,637$5,723$2,970$1,503$123
49 years$18,241$10,158$5,379$2,745$1,365$105
50 years$17,672$9,703$5,058$2,537$1,240$90

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $18,100,000, adding $5,402 every year, while hoping to spend $57,706 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: 27/46/27 Blend
56$18,100,000$18,100,000$18,100,000$18,100,000
57$19,951,772$18,992,472$18,711,922$20,322,217
58$21,925,454$19,861,705$19,277,373$21,490,651
59$24,098,518$20,771,595$19,859,832$22,738,930
60$26,491,239$21,724,076$20,459,809$24,078,008
61$29,125,959$22,721,170$21,077,827$25,515,658
62$32,027,299$23,764,999$21,714,426$27,060,377
63$35,222,386$24,857,786$22,370,161$28,721,465
64$38,741,113$26,001,861$23,045,605$30,509,102
65$42,616,421$27,199,667$23,741,347$32,434,432
66$46,884,607$28,453,761$24,457,993$34,509,657
67$51,585,669$29,766,828$25,196,169$36,748,149
68$56,763,683$31,141,678$25,956,516$39,164,558
69$62,467,217$32,581,259$26,739,697$41,774,941
70$68,749,791$34,088,659$27,546,395$44,596,905
71$75,670,381$35,667,115$28,377,311$47,649,755
72$83,293,978$37,320,021$29,233,169$50,954,667
73$91,692,195$39,050,934$30,114,712$54,534,873
74$100,943,951$40,863,581$31,022,706$58,415,870
75$111,136,210$42,761,872$31,957,942$62,625,636
76$122,364,801$44,749,902$32,921,232$67,194,890
77$134,735,330$46,831,966$33,913,412$72,157,359
78$148,364,165$49,012,565$34,935,343$77,550,080
79$163,379,546$51,296,416$35,987,913$83,413,733
80$179,922,786$53,688,467$37,072,034$89,793,006
81$198,149,610$56,193,901$38,188,647$96,737,000
82$218,231,623$58,818,155$39,338,720$104,299,665
83$240,357,930$61,566,926$40,523,248$112,540,296
84$264,736,921$64,446,188$41,743,259$121,524,066
85$291,598,237$67,462,201$42,999,809$131,322,619
86$321,194,939$70,621,531$44,293,984$142,014,722
87$353,805,896$73,931,059$45,626,906$153,686,983
88$389,738,416$77,398,000$46,999,726$166,434,642
89$429,331,149$81,029,916$48,413,631$180,362,442
90$472,957,283$84,834,739$49,869,844$195,585,589
91$521,028,064$88,820,779$51,369,623$212,230,808
92$573,996,683$92,996,754$52,914,261$230,437,507
93$632,362,550$97,371,800$54,505,094$250,359,064
94$696,676,008$101,955,496$56,143,493$272,164,233
95$767,543,532$106,757,887$57,830,871$296,038,705
96$845,633,451$111,789,501$59,568,683$322,186,823
97$931,682,256$117,061,380$61,358,428$350,833,467
98$1,026,501,556$122,585,098$63,201,645$382,226,141
99$1,130,985,738$128,372,791$65,099,924$416,637,258
100$1,246,120,409$134,437,183$67,054,897$454,366,673