Can I retire at age 65 with 18,200,000?

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 $18,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,421,991
2 years$744,029$730,172$716,743$703,722$691,092$661,699
3 years$491,092$477,176$463,780$450,882$438,457$409,890
4 years$364,649$350,775$337,513$324,835$312,711$285,190
5 years$288,802$275,012$261,924$249,504$237,718$211,321
6 years$238,255$224,568$211,674$199,531$188,098$162,854
7 years$202,163$188,592$175,902$164,045$152,974$128,889
8 years$175,107$161,658$149,179$137,613$126,907$103,973
9 years$154,074$140,752$128,487$117,216$106,874$85,076
10 years$137,258$124,066$112,018$101,041$91,062$70,379
11 years$123,508$110,449$98,619$87,936$78,316$58,723
12 years$112,059$99,133$87,522$77,132$67,867$49,335
13 years$102,378$89,587$78,195$68,096$59,182$41,679
14 years$94,087$81,432$70,259$60,448$51,878$35,371
15 years$86,908$74,390$63,434$53,909$45,678$30,132
16 years$80,633$68,251$57,512$48,270$40,370$25,750
17 years$75,102$62,857$52,334$43,370$35,795$22,063
18 years$70,190$58,083$47,774$39,085$31,827$18,946
19 years$65,801$53,830$43,735$35,317$28,368$16,300
20 years$61,856$50,022$40,138$31,986$25,339$14,046
21 years$58,291$46,593$36,919$29,029$22,676$12,121
22 years$55,055$43,493$34,027$26,394$20,325$10,471
23 years$52,104$40,678$31,417$24,038$18,245$9,055
24 years$49,403$38,113$29,056$21,924$16,399$7,837
25 years$46,922$35,767$26,912$20,022$14,757$6,789
26 years$44,636$33,615$24,959$18,307$13,292$5,884
27 years$42,523$31,636$23,177$16,757$11,984$5,102
28 years$40,564$29,810$21,546$15,353$10,814$4,427
29 years$38,743$28,123$20,050$14,079$9,764$3,842
30 years$37,047$26,559$18,676$12,921$8,823$3,336
31 years$35,464$25,107$17,411$11,867$7,977$2,898
32 years$33,982$23,756$16,245$10,906$7,215$2,518
33 years$32,594$22,498$15,168$10,029$6,530$2,188
34 years$31,289$21,323$14,172$9,228$5,912$1,901
35 years$30,062$20,224$13,250$8,494$5,355$1,653
36 years$28,906$19,196$12,395$7,823$4,852$1,437
37 years$27,815$18,231$11,601$7,208$4,397$1,250
38 years$26,783$17,326$10,864$6,644$3,987$1,087
39 years$25,807$16,476$10,179$6,126$3,615$945
40 years$24,882$15,675$9,540$5,650$3,279$822
41 years$24,005$14,921$8,946$5,213$2,975$715
42 years$23,171$14,211$8,392$4,811$2,699$622
43 years$22,379$13,540$7,874$4,441$2,450$541
44 years$21,624$12,906$7,391$4,101$2,224$471
45 years$20,905$12,307$6,940$3,787$2,019$410
46 years$20,220$11,741$6,518$3,498$1,833$357
47 years$19,565$11,204$6,124$3,232$1,664$310
48 years$18,940$10,696$5,755$2,986$1,511$270
49 years$18,342$10,214$5,409$2,760$1,373$235
50 years$17,770$9,757$5,085$2,551$1,247$204

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $18,200,000, adding $2,944 every year, while hoping to spend $25,451 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: 47/46/7 Blend
64$18,200,000$18,200,000$18,200,000$18,200,000
65$20,059,437$19,094,837$18,812,737$20,964,393
66$22,078,420$20,003,404$19,415,884$22,494,353
67$24,302,486$20,955,638$20,038,383$24,150,874
68$26,752,527$21,953,652$20,680,856$25,947,974
69$29,451,564$22,999,661$21,343,945$27,898,692
70$32,424,968$24,095,988$22,028,311$30,017,336
71$35,700,692$25,245,069$22,734,637$32,319,612
72$39,309,545$26,449,459$23,463,629$34,822,759
73$43,285,473$27,711,837$24,216,015$37,545,706
74$47,665,886$29,035,012$24,992,547$40,509,237
75$52,492,007$30,421,929$25,793,998$43,736,182
76$57,809,266$31,875,677$26,621,171$47,251,618
77$63,667,721$33,399,496$27,474,891$51,083,097
78$70,122,540$34,996,782$28,356,010$55,260,892
79$77,234,512$36,671,097$29,265,410$59,818,272
80$85,070,628$38,426,178$30,203,997$64,791,802
81$93,704,712$40,265,940$31,172,711$70,221,675
82$103,218,114$42,194,492$32,172,518$76,152,080
83$113,700,482$44,216,143$33,204,418$82,631,600
84$125,250,607$46,335,409$34,269,441$89,713,657
85$137,977,353$48,557,028$35,368,652$97,456,999
86$152,000,689$50,885,970$36,503,148$105,926,240
87$167,452,820$53,327,443$37,674,064$115,192,451
88$184,479,433$55,886,912$38,882,570$125,333,809
89$203,241,071$58,570,107$40,129,873$136,436,320
90$223,914,657$61,383,039$41,417,220$148,594,609
91$246,695,152$64,332,008$42,745,897$161,912,788
92$271,797,406$67,423,625$44,117,233$176,505,422
93$299,458,179$70,664,820$45,532,598$192,498,583
94$329,938,380$74,062,863$46,993,407$210,031,016
95$363,525,529$77,625,378$48,501,120$229,255,424
96$400,536,471$81,360,359$50,057,245$250,339,879
97$441,320,365$85,276,191$51,663,337$273,469,385
98$486,261,986$89,381,667$53,321,003$298,847,591
99$535,785,351$93,686,011$55,031,898$326,698,683
100$590,357,725$98,198,894$56,797,736$357,269,468