Can I retire at age 63 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%12.7%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,427,059
2 years$739,941$726,160$712,805$699,855$687,295$670,926
3 years$488,394$474,554$461,232$448,404$436,048$420,078
4 years$362,645$348,847$335,659$323,050$310,993$295,545
5 years$287,216$273,501$260,485$248,133$236,412$221,531
6 years$236,946$223,334$210,510$198,434$187,065$172,770
7 years$201,052$187,555$174,935$163,144$152,134$138,430
8 years$174,145$160,770$148,359$136,857$126,210$113,096
9 years$153,228$139,979$127,782$116,572$106,287$93,758
10 years$136,504$123,384$111,403$100,486$90,562$78,610
11 years$122,830$109,842$98,077$87,453$77,886$66,501
12 years$111,443$98,588$87,041$76,708$67,494$56,664
13 years$101,815$89,095$77,765$67,722$58,856$48,568
14 years$93,570$80,985$69,873$60,116$51,593$41,831
15 years$86,431$73,981$63,086$53,613$45,427$36,177
16 years$80,190$67,876$57,196$48,004$40,148$31,394
17 years$74,689$62,512$52,046$43,132$35,598$27,323
18 years$69,805$57,763$47,512$38,870$31,652$23,839
19 years$65,440$53,535$43,495$35,123$28,212$20,843
20 years$61,516$49,747$39,917$31,810$25,200$18,258
21 years$57,971$46,337$36,716$28,870$22,551$16,019
22 years$54,752$43,254$33,840$26,249$20,214$14,073
23 years$51,818$40,455$31,245$23,906$18,145$12,379
24 years$49,132$37,903$28,896$21,803$16,309$10,900
25 years$46,665$35,571$26,764$19,912$14,676$9,607
26 years$44,391$33,431$24,822$18,207$13,219$8,474
27 years$42,289$31,462$23,049$16,665$11,918$7,479
28 years$40,341$29,647$21,427$15,269$10,754$6,606
29 years$38,530$27,968$19,940$14,002$9,711$5,837
30 years$36,844$26,413$18,573$12,850$8,774$5,161
31 years$35,269$24,969$17,315$11,802$7,933$4,565
32 years$33,796$23,626$16,156$10,846$7,176$4,039
33 years$32,414$22,374$15,085$9,974$6,494$3,575
34 years$31,117$21,205$14,094$9,177$5,880$3,165
35 years$29,897$20,113$13,177$8,448$5,325$2,803
36 years$28,747$19,090$12,327$7,780$4,825$2,483
37 years$27,662$18,131$11,538$7,168$4,373$2,199
38 years$26,636$17,231$10,805$6,607$3,965$1,949
39 years$25,665$16,385$10,123$6,092$3,595$1,727
40 years$24,746$15,589$9,488$5,619$3,261$1,531
41 years$23,873$14,839$8,897$5,184$2,959$1,357
42 years$23,044$14,133$8,345$4,785$2,685$1,203
43 years$22,256$13,465$7,831$4,417$2,436$1,067
44 years$21,505$12,835$7,351$4,078$2,212$946
45 years$20,790$12,240$6,902$3,766$2,008$839
46 years$20,109$11,676$6,483$3,479$1,823$744
47 years$19,458$11,143$6,090$3,214$1,655$660
48 years$18,836$10,637$5,723$2,970$1,503$585
49 years$18,241$10,158$5,379$2,745$1,365$519
50 years$17,672$9,703$5,058$2,537$1,240$460

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 63 starting with $18,100,000, adding $5,682 every year, while hoping to spend $36,359 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: 51/27/22 Blend
62$18,100,000$18,100,000$18,100,000$18,100,000
63$19,952,061$18,992,761$18,712,211$20,846,947
64$21,948,486$19,884,721$19,300,384$22,358,575
65$24,147,327$20,819,168$19,907,043$23,997,056
66$26,569,193$21,798,146$20,532,768$25,777,831
67$29,236,793$22,823,797$21,178,157$27,714,407
68$32,175,150$23,898,368$21,843,830$29,821,625
69$35,411,841$25,024,213$22,530,424$32,115,794
70$38,977,251$26,203,801$23,238,595$34,614,840
71$42,904,864$27,439,722$23,969,023$37,338,472
72$47,231,581$28,734,689$24,722,405$40,308,353
73$51,998,061$30,091,547$25,499,464$43,548,306
74$57,249,110$31,513,280$26,300,944$47,084,528
75$63,034,105$33,003,017$27,127,611$50,945,829
76$69,407,456$34,564,036$27,980,258$55,163,898
77$76,429,120$36,199,778$28,859,700$59,773,592
78$84,165,170$37,913,847$29,766,780$64,813,258
79$92,688,417$39,710,024$30,702,366$70,325,085
80$102,079,094$41,592,274$31,667,354$76,355,493
81$112,425,618$43,564,752$32,662,667$82,955,561
82$123,825,423$45,631,817$33,689,259$90,181,500
83$136,385,879$47,798,039$34,748,112$98,095,173
84$150,225,305$50,068,209$35,840,239$106,764,663
85$165,474,086$52,447,351$36,966,687$116,264,913
86$182,275,905$54,940,734$38,128,534$126,678,411
87$200,789,099$57,553,881$39,326,891$138,095,964
88$221,188,152$60,292,586$40,562,907$150,617,536
89$243,665,343$63,162,923$41,837,764$164,353,183
90$268,432,562$66,171,259$43,152,683$179,424,072
91$295,723,307$69,324,275$44,508,922$195,963,612
92$325,794,893$72,628,974$45,907,780$214,118,697
93$358,930,878$76,092,699$47,350,595$234,051,077
94$395,443,736$79,723,150$48,838,750$255,938,866
95$435,677,817$83,528,404$50,373,667$279,978,205
96$480,012,587$87,516,928$51,956,817$306,385,094
97$528,866,215$91,697,602$53,589,716$335,397,414
98$582,699,523$96,079,739$55,273,925$367,277,147
99$642,020,330$100,673,102$57,011,057$402,312,831
100$707,388,251$105,487,931$58,802,775$440,822,259