Can I retire at age 45 with 15,000,000?

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 $15,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$1,238,686$1,227,652$1,216,888$1,206,381$1,196,121$1,155,983
2 years$613,211$601,790$590,722$579,991$569,581$529,539
3 years$404,746$393,277$382,236$371,606$361,366$322,676
4 years$300,535$289,100$278,170$267,721$257,729$220,688
5 years$238,024$226,658$215,871$205,635$195,922$160,628
6 years$196,364$185,083$174,456$164,448$155,026$121,508
7 years$166,618$155,433$144,974$135,202$126,078$94,330
8 years$144,319$133,234$122,949$113,418$104,594$74,593
9 years$126,984$116,005$105,896$96,607$88,083$59,793
10 years$113,125$102,252$92,323$83,276$75,051$48,426
11 years$101,793$91,029$81,280$72,475$64,546$39,535
12 years$92,356$81,703$72,133$63,570$55,935$32,480
13 years$84,377$73,836$64,446$56,123$48,776$26,819
14 years$77,544$67,114$57,905$49,820$42,757$22,234
15 years$71,628$61,310$52,281$44,430$37,646$18,494
16 years$66,456$56,251$47,400$39,783$33,272$15,425
17 years$61,897$51,805$43,132$35,744$29,501$12,893
18 years$57,849$47,870$39,374$32,213$26,231$10,797
19 years$54,232$44,366$36,045$29,107$23,380$9,055
20 years$50,980$41,227$33,081$26,362$20,884$7,604
21 years$48,042$38,401$30,428$23,925$18,689$6,392
22 years$45,375$35,846$28,044$21,754$16,752$5,378
23 years$42,943$33,526$25,894$19,811$15,037$4,528
24 years$40,717$31,412$23,947$18,069$13,516$3,815
25 years$38,672$29,478$22,180$16,502$12,162$3,216
26 years$36,788$27,705$20,571$15,088$10,955$2,712
27 years$35,046$26,074$19,102$13,811$9,877$2,288
28 years$33,432$24,569$17,757$12,654$8,912$1,931
29 years$31,931$23,178$16,525$11,604$8,048$1,630
30 years$30,534$21,889$15,392$10,649$7,272$1,376
31 years$29,228$20,693$14,350$9,780$6,574$1,162
32 years$28,007$19,579$13,389$8,989$5,947$982
33 years$26,863$18,542$12,501$8,266$5,382$829
34 years$25,788$17,574$11,680$7,605$4,873$700
35 years$24,776$16,668$10,920$7,001$4,413$592
36 years$23,823$15,821$10,216$6,448$3,999$500
37 years$22,924$15,026$9,562$5,941$3,624$423
38 years$22,074$14,280$8,954$5,476$3,286$357
39 years$21,270$13,579$8,389$5,049$2,980$302
40 years$20,507$12,919$7,863$4,657$2,703$255
41 years$19,784$12,298$7,373$4,297$2,452$216
42 years$19,097$11,712$6,916$3,965$2,225$182
43 years$18,444$11,159$6,490$3,660$2,019$154
44 years$17,822$10,637$6,092$3,380$1,833$130
45 years$17,230$10,143$5,720$3,121$1,664$110
46 years$16,665$9,676$5,372$2,883$1,511$93
47 years$16,125$9,234$5,047$2,664$1,372$79
48 years$15,610$8,815$4,743$2,461$1,246$66
49 years$15,117$8,418$4,458$2,275$1,131$56
50 years$14,645$8,041$4,191$2,103$1,028$47

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $15,000,000, adding $4,769 every year, while hoping to spend $38,759 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: 55/20/25 Blend
44$15,000,000$15,000,000$15,000,000$15,000,000
45$16,534,919$15,739,919$15,507,419$17,330,414
46$18,180,242$16,469,936$15,985,678$18,607,800
47$19,992,088$17,234,425$16,478,660$19,993,820
48$21,987,403$18,035,033$16,986,817$21,502,543
49$24,184,857$18,873,489$17,510,615$23,145,767
50$26,605,027$19,751,604$18,050,535$24,936,468
51$29,270,583$20,671,276$18,607,071$26,888,913
52$32,206,508$21,634,495$19,180,734$29,018,793
53$35,440,334$22,643,347$19,772,050$31,343,370
54$39,002,396$23,700,018$20,381,561$33,881,627
55$42,926,123$24,806,802$21,009,826$36,654,453
56$47,248,353$25,966,101$21,657,421$39,684,827
57$52,009,679$27,180,433$22,324,939$42,998,036
58$57,254,833$28,452,442$23,012,991$46,621,902
59$63,033,108$29,784,893$23,722,208$50,587,047
60$69,398,823$31,180,691$24,453,240$54,927,170
61$76,411,835$32,642,878$25,206,757$59,679,362
62$84,138,107$34,174,643$25,983,447$64,884,451
63$92,650,324$35,779,331$26,784,023$70,587,376
64$102,028,586$37,460,447$27,609,217$76,837,613
65$112,361,162$39,221,669$28,459,785$83,689,625
66$123,745,318$41,066,848$29,336,506$91,203,377
67$136,288,242$43,000,026$30,240,181$99,444,891
68$150,108,053$45,025,438$31,171,637$108,486,860
69$165,334,915$47,147,524$32,131,728$118,409,329
70$182,112,266$49,370,943$33,121,330$129,300,440
71$200,598,172$51,700,574$34,141,350$141,257,255
72$220,966,820$54,141,536$35,192,719$154,386,663
73$243,410,160$56,699,196$36,276,400$168,806,381
74$268,139,720$59,379,180$37,393,383$184,646,051
75$295,388,599$62,187,388$38,544,689$202,048,457
76$325,413,671$65,130,004$39,731,370$221,170,860
77$358,498,006$68,213,515$40,954,512$242,186,470
78$394,953,546$71,444,721$42,215,232$265,286,071
79$435,124,047$74,830,751$43,514,680$290,679,806
80$479,388,323$78,379,081$44,854,046$318,599,150
81$528,163,827$82,097,551$46,234,551$349,299,083
82$581,910,585$85,994,379$47,657,457$383,060,477
83$641,135,546$90,078,185$49,124,063$420,192,737
84$706,397,360$94,358,005$50,635,708$461,036,704
85$778,311,658$98,843,314$52,193,771$505,967,856
86$857,556,860$103,544,049$53,799,675$555,399,836
87$944,880,582$108,470,629$55,454,886$609,788,339
88$1,041,106,689$113,633,978$57,160,913$669,635,392
89$1,147,143,081$119,045,553$58,919,313$735,494,079
90$1,263,990,255$124,717,365$60,731,690$807,973,737
91$1,392,750,757$130,662,011$62,599,697$887,745,687
92$1,534,639,584$136,892,700$64,525,037$975,549,554
93$1,690,995,662$143,423,283$66,509,466$1,072,200,217
94$1,863,294,480$150,268,283$68,554,793$1,178,595,488
95$2,053,162,020$157,442,933$70,662,882$1,295,724,550
96$2,262,390,112$164,963,202$72,835,654$1,424,677,280
97$2,492,953,344$172,845,840$75,075,090$1,566,654,502
98$2,747,027,709$181,108,410$77,383,229$1,722,979,296
99$3,027,011,142$189,769,329$79,762,174$1,895,109,460
100$3,335,546,164$198,847,911$82,214,092$2,084,651,237