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

Use the below retirement simulation to view the chances of a successful retirement.
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%12.6%
1 years$1,238,686$1,227,652$1,216,888$1,206,381$1,196,121$1,183,137
2 years$613,211$601,790$590,722$579,991$569,581$556,509
3 years$404,746$393,277$382,236$371,606$361,366$348,610
4 years$300,535$289,100$278,170$267,721$257,729$245,388
5 years$238,024$226,658$215,871$205,635$195,922$184,031
6 years$196,364$185,083$174,456$164,448$155,026$143,601
7 years$166,618$155,433$144,974$135,202$126,078$115,123
8 years$144,319$133,234$122,949$113,418$104,594$94,108
9 years$126,984$116,005$105,896$96,607$88,083$78,063
10 years$113,125$102,252$92,323$83,276$75,051$65,490
11 years$101,793$91,029$81,280$72,475$64,546$55,437
12 years$92,356$81,703$72,133$63,570$55,935$47,266
13 years$84,377$73,836$64,446$56,123$48,776$40,539
14 years$77,544$67,114$57,905$49,820$42,757$34,939
15 years$71,628$61,310$52,281$44,430$37,646$30,237
16 years$66,456$56,251$47,400$39,783$33,272$26,257
17 years$61,897$51,805$43,132$35,744$29,501$22,868
18 years$57,849$47,870$39,374$32,213$26,231$19,967
19 years$54,232$44,366$36,045$29,107$23,380$17,470
20 years$50,980$41,227$33,081$26,362$20,884$15,315
21 years$48,042$38,401$30,428$23,925$18,689$13,446
22 years$45,375$35,846$28,044$21,754$16,752$11,822
23 years$42,943$33,526$25,894$19,811$15,037$10,407
24 years$40,717$31,412$23,947$18,069$13,516$9,171
25 years$38,672$29,478$22,180$16,502$12,162$8,089
26 years$36,788$27,705$20,571$15,088$10,955$7,140
27 years$35,046$26,074$19,102$13,811$9,877$6,308
28 years$33,432$24,569$17,757$12,654$8,912$5,575
29 years$31,931$23,178$16,525$11,604$8,048$4,931
30 years$30,534$21,889$15,392$10,649$7,272$4,363
31 years$29,228$20,693$14,350$9,780$6,574$3,862
32 years$28,007$19,579$13,389$8,989$5,947$3,420
33 years$26,863$18,542$12,501$8,266$5,382$3,030
34 years$25,788$17,574$11,680$7,605$4,873$2,684
35 years$24,776$16,668$10,920$7,001$4,413$2,379
36 years$23,823$15,821$10,216$6,448$3,999$2,109
37 years$22,924$15,026$9,562$5,941$3,624$1,870
38 years$22,074$14,280$8,954$5,476$3,286$1,659
39 years$21,270$13,579$8,389$5,049$2,980$1,471
40 years$20,507$12,919$7,863$4,657$2,703$1,305
41 years$19,784$12,298$7,373$4,297$2,452$1,158
42 years$19,097$11,712$6,916$3,965$2,225$1,027
43 years$18,444$11,159$6,490$3,660$2,019$912
44 years$17,822$10,637$6,092$3,380$1,833$809
45 years$17,230$10,143$5,720$3,121$1,664$718
46 years$16,665$9,676$5,372$2,883$1,511$638
47 years$16,125$9,234$5,047$2,664$1,372$566
48 years$15,610$8,815$4,743$2,461$1,246$502
49 years$15,117$8,418$4,458$2,275$1,131$446
50 years$14,645$8,041$4,191$2,103$1,028$396

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 $6,109 every year, while hoping to spend $50,576 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: 69/19/12 Blend
44$15,000,000$15,000,000$15,000,000$15,000,000
45$16,536,301$15,741,301$15,508,801$17,634,146
46$18,169,192$16,458,813$15,974,534$19,081,562
47$19,966,942$17,209,787$16,454,173$20,657,839
48$21,946,314$17,995,810$16,948,132$22,380,983
49$24,125,778$18,818,546$17,456,835$24,265,424
50$26,525,687$19,679,734$17,980,719$26,327,038
51$29,168,469$20,581,202$18,520,234$28,583,299
52$32,078,834$21,524,863$19,075,843$31,053,436
53$35,284,015$22,512,721$19,648,024$33,758,614
54$38,814,018$23,546,878$20,237,266$36,722,130
55$42,701,909$24,629,536$20,844,076$39,969,628
56$46,984,124$25,763,004$21,468,973$43,529,337
57$51,700,814$26,949,700$22,112,492$47,432,337
58$56,896,222$28,192,160$22,775,186$51,712,843
59$62,619,102$29,493,041$23,457,620$56,408,526
60$68,923,179$30,855,129$24,160,378$61,560,866
61$75,867,654$32,281,342$24,884,063$67,215,536
62$83,517,768$33,774,740$25,629,291$73,422,827
63$91,945,408$35,338,531$26,396,701$80,238,123
64$101,229,796$36,976,075$27,186,947$87,722,412
65$111,458,230$38,690,897$28,000,704$95,942,859
66$122,726,908$40,486,689$28,838,666$104,973,435
67$135,141,839$42,367,323$29,701,547$114,895,608
68$148,819,841$44,336,857$30,590,084$125,799,104
69$163,889,647$46,399,545$31,505,034$137,782,750
70$180,493,113$48,559,845$32,447,175$150,955,397
71$198,786,564$50,822,431$33,417,309$165,436,942
72$218,942,267$53,192,204$34,416,262$181,359,454
73$241,150,055$55,674,299$35,444,884$198,868,405
74$265,619,122$58,274,100$36,504,048$218,124,046
75$292,579,993$60,997,252$37,594,655$239,302,900
76$322,286,707$63,849,672$38,717,630$262,599,426
77$355,019,207$66,837,562$39,873,927$288,227,845
78$391,085,989$69,967,425$41,064,526$316,424,147
79$430,827,010$73,246,079$42,290,438$347,448,313
80$474,616,897$76,680,669$43,552,700$381,586,757
81$522,868,488$80,278,689$44,852,382$419,155,016
82$576,036,721$84,047,992$46,190,585$460,500,722
83$634,622,937$87,996,815$47,568,440$506,006,864
84$699,179,608$92,133,789$48,987,114$556,095,396
85$770,315,550$96,467,967$50,447,804$611,231,204
86$848,701,676$101,008,838$51,951,746$671,926,483
87$935,077,327$105,766,350$53,500,209$738,745,551
88$1,030,257,248$110,750,936$55,094,500$812,310,167
89$1,135,139,285$115,973,529$56,735,964$893,305,382
90$1,250,712,858$121,445,598$58,425,984$982,485,988
91$1,378,068,300$127,179,163$60,165,985$1,080,683,626
92$1,518,407,154$133,186,829$61,957,432$1,188,814,620
93$1,673,053,511$139,481,810$63,801,833$1,307,888,603
94$1,843,466,514$146,077,964$65,700,740$1,439,018,034
95$2,031,254,132$152,989,818$67,655,749$1,583,428,673
96$2,238,188,340$160,232,605$69,668,502$1,742,471,136
97$2,466,221,844$167,822,297$71,740,691$1,917,633,616
98$2,717,506,522$175,775,640$73,874,054$2,110,555,910
99$2,994,413,734$184,110,193$76,070,382$2,323,044,876
100$3,299,556,711$192,844,368$78,331,515$2,557,091,461