Can I retire at age 65 with 17,800,000?

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 $17,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,407,504
2 years$727,677$714,125$700,990$688,256$675,903$663,917
3 years$480,299$466,688$453,587$440,972$428,821$417,112
4 years$356,634$343,065$330,095$317,696$305,839$294,498
5 years$282,455$268,967$256,167$244,021$232,494$221,555
6 years$233,018$219,632$207,021$195,145$183,964$173,441
7 years$197,720$184,447$172,036$160,440$149,612$139,509
8 years$171,259$158,105$145,900$134,589$124,118$114,434
9 years$150,688$137,659$125,664$114,640$104,525$95,258
10 years$134,242$121,339$109,556$98,821$89,061$80,205
11 years$120,794$108,021$96,452$86,004$76,595$68,145
12 years$109,596$96,954$85,598$75,437$66,376$58,322
13 years$100,128$87,618$76,477$66,599$57,881$50,216
14 years$92,019$79,643$68,715$59,119$50,738$43,451
15 years$84,998$72,755$62,040$52,724$44,674$37,755
16 years$78,861$66,751$56,248$47,209$39,483$32,922
17 years$73,451$61,475$51,184$42,417$35,008$28,793
18 years$68,648$56,806$46,724$38,226$31,128$25,247
19 years$64,355$52,647$42,774$34,540$27,745$22,186
20 years$60,497$48,922$39,256$31,283$24,782$19,534
21 years$57,010$45,569$36,108$28,391$22,177$17,228
22 years$53,845$42,537$33,279$25,814$19,879$15,216
23 years$50,959$39,784$30,727$23,510$17,844$13,456
24 years$48,317$37,275$28,417$21,442$16,039$11,912
25 years$45,891$34,981$26,320$19,582$14,433$10,556
26 years$43,655$32,876$24,411$17,905$13,000$9,363
27 years$41,588$30,941$22,667$16,389$11,721$8,310
28 years$39,672$29,155$21,072$15,016$10,576$7,381
29 years$37,892$27,505$19,610$13,770$9,550$6,559
30 years$36,233$25,975$18,266$12,637$8,629$5,832
31 years$34,684$24,555$17,028$11,606$7,801$5,188
32 years$33,235$23,234$15,888$10,666$7,057$4,617
33 years$31,877$22,003$14,835$9,809$6,386$4,110
34 years$30,602$20,854$13,861$9,025$5,782$3,660
35 years$29,401$19,780$12,959$8,308$5,237$3,261
36 years$28,271$18,774$12,122$7,651$4,745$2,905
37 years$27,203$17,831$11,346$7,050$4,301$2,589
38 years$26,195$16,946$10,625$6,498$3,899$2,308
39 years$25,240$16,114$9,955$5,991$3,536$2,058
40 years$24,335$15,331$9,331$5,526$3,207$1,835
41 years$23,477$14,593$8,749$5,099$2,909$1,636
42 years$22,662$13,898$8,207$4,705$2,640$1,460
43 years$21,887$13,242$7,701$4,344$2,396$1,302
44 years$21,149$12,623$7,229$4,011$2,175$1,161
45 years$20,446$12,037$6,788$3,704$1,974$1,036
46 years$19,775$11,483$6,375$3,421$1,793$925
47 years$19,135$10,958$5,989$3,161$1,628$825
48 years$18,524$10,461$5,628$2,921$1,478$736
49 years$17,939$9,990$5,290$2,699$1,343$657
50 years$17,379$9,542$4,974$2,495$1,220$586

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $17,800,000, adding $3,021 every year, while hoping to spend $51,934 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: 68/16/16 Blend
64$17,800,000$17,800,000$17,800,000$17,800,000
65$19,618,716$18,675,316$18,399,416$20,878,216
66$21,564,568$19,535,149$18,960,539$22,578,281
67$23,707,156$20,435,374$19,538,719$24,430,696
68$26,066,492$21,377,914$20,134,473$26,455,546
69$28,664,629$22,364,786$20,748,332$28,669,783
70$31,525,865$23,398,105$21,380,846$31,092,062
71$34,676,978$24,480,086$22,032,578$33,742,912
72$38,147,470$25,613,051$22,704,110$36,644,930
73$41,969,857$26,799,435$23,396,043$39,822,987
74$46,179,964$28,041,789$24,108,992$43,304,462
75$50,817,272$29,342,788$24,843,594$47,119,492
76$55,925,284$30,705,235$25,600,505$51,301,258
77$61,551,939$32,132,068$26,380,399$55,886,287
78$67,750,065$33,626,367$27,183,970$60,914,799
79$74,577,875$35,191,362$28,011,936$66,431,076
80$82,099,516$36,830,437$28,865,034$72,483,878
81$90,385,678$38,547,139$29,744,023$79,126,899
82$99,514,256$40,345,189$30,649,688$86,419,265
83$109,571,090$42,228,483$31,582,832$94,426,087
84$120,650,773$44,201,110$32,544,289$103,219,074
85$132,857,541$46,267,354$33,534,912$112,877,197
86$146,306,262$48,431,706$34,555,583$123,487,432
87$161,123,516$50,698,874$35,607,210$135,145,575
88$177,448,791$53,073,796$36,690,728$147,957,136
89$195,435,800$55,561,645$37,807,100$162,038,330
90$215,253,933$58,167,846$38,957,319$177,517,164
91$237,089,850$60,898,087$40,142,406$194,534,639
92$261,149,252$63,758,331$41,363,413$213,246,074
93$287,658,815$66,754,827$42,621,426$233,822,558
94$316,868,331$69,894,131$43,917,561$256,452,563
95$349,053,070$73,183,113$45,252,969$281,343,708
96$384,516,374$76,628,976$46,628,834$308,724,709
97$423,592,521$80,239,273$48,046,377$338,847,532
98$466,649,883$84,021,922$49,506,855$371,989,757
99$514,094,400$87,985,225$51,011,564$408,457,187
100$566,373,414$92,137,886$52,561,836$448,586,725