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%11.6%
1 years$1,238,686$1,227,652$1,216,888$1,206,381$1,196,121$1,188,085
2 years$613,211$601,790$590,722$579,991$569,581$561,477
3 years$404,746$393,277$382,236$371,606$361,366$353,444
4 years$300,535$289,100$278,170$267,721$257,729$250,050
5 years$238,024$226,658$215,871$205,635$195,922$188,509
6 years$196,364$185,083$174,456$164,448$155,026$147,889
7 years$166,618$155,433$144,974$135,202$126,078$119,219
8 years$144,319$133,234$122,949$113,418$104,594$98,014
9 years$126,984$116,005$105,896$96,607$88,083$81,781
10 years$113,125$102,252$92,323$83,276$75,051$69,023
11 years$101,793$91,029$81,280$72,475$64,546$58,788
12 years$92,356$81,703$72,133$63,570$55,935$50,441
13 years$84,377$73,836$64,446$56,123$48,776$43,542
14 years$77,544$67,114$57,905$49,820$42,757$37,775
15 years$71,628$61,310$52,281$44,430$37,646$32,911
16 years$66,456$56,251$47,400$39,783$33,272$28,776
17 years$61,897$51,805$43,132$35,744$29,501$25,237
18 years$57,849$47,870$39,374$32,213$26,231$22,192
19 years$54,232$44,366$36,045$29,107$23,380$19,558
20 years$50,980$41,227$33,081$26,362$20,884$17,270
21 years$48,042$38,401$30,428$23,925$18,689$15,276
22 years$45,375$35,846$28,044$21,754$16,752$13,532
23 years$42,943$33,526$25,894$19,811$15,037$12,003
24 years$40,717$31,412$23,947$18,069$13,516$10,659
25 years$38,672$29,478$22,180$16,502$12,162$9,475
26 years$36,788$27,705$20,571$15,088$10,955$8,430
27 years$35,046$26,074$19,102$13,811$9,877$7,506
28 years$33,432$24,569$17,757$12,654$8,912$6,688
29 years$31,931$23,178$16,525$11,604$8,048$5,963
30 years$30,534$21,889$15,392$10,649$7,272$5,319
31 years$29,228$20,693$14,350$9,780$6,574$4,747
32 years$28,007$19,579$13,389$8,989$5,947$4,238
33 years$26,863$18,542$12,501$8,266$5,382$3,786
34 years$25,788$17,574$11,680$7,605$4,873$3,383
35 years$24,776$16,668$10,920$7,001$4,413$3,023
36 years$23,823$15,821$10,216$6,448$3,999$2,703
37 years$22,924$15,026$9,562$5,941$3,624$2,417
38 years$22,074$14,280$8,954$5,476$3,286$2,162
39 years$21,270$13,579$8,389$5,049$2,980$1,934
40 years$20,507$12,919$7,863$4,657$2,703$1,730
41 years$19,784$12,298$7,373$4,297$2,452$1,549
42 years$19,097$11,712$6,916$3,965$2,225$1,386
43 years$18,444$11,159$6,490$3,660$2,019$1,241
44 years$17,822$10,637$6,092$3,380$1,833$1,111
45 years$17,230$10,143$5,720$3,121$1,664$994
46 years$16,665$9,676$5,372$2,883$1,511$890
47 years$16,125$9,234$5,047$2,664$1,372$797
48 years$15,610$8,815$4,743$2,461$1,246$714
49 years$15,117$8,418$4,458$2,275$1,131$639
50 years$14,645$8,041$4,191$2,103$1,028$573

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 $5,265 every year, while hoping to spend $41,800 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: 28/50/22 Blend
44$15,000,000$15,000,000$15,000,000$15,000,000
45$16,535,431$15,740,431$15,507,931$16,883,739
46$18,177,570$16,467,237$15,982,972$17,882,673
47$19,985,806$17,228,256$16,472,525$18,951,171
48$21,977,038$18,025,119$16,977,034$20,098,338
49$24,169,884$18,859,539$17,496,953$21,330,919
50$26,584,863$19,733,307$18,032,752$22,656,294
51$29,244,584$20,648,304$18,584,914$24,082,535
52$32,173,960$21,606,500$19,153,938$25,618,474
53$35,400,446$22,609,960$19,740,336$27,273,785
54$38,954,292$23,660,849$20,344,638$29,059,056
55$42,868,835$24,761,436$20,967,389$30,985,889
56$47,180,810$25,914,099$21,609,150$33,066,993
57$51,930,695$27,121,333$22,270,499$35,316,298
58$57,163,098$28,385,751$22,952,033$37,749,075
59$62,927,174$29,710,092$23,654,366$40,382,068
60$69,277,089$31,097,230$24,378,131$43,233,640
61$76,272,533$32,550,175$25,123,978$46,323,938
62$83,979,281$34,072,083$25,892,581$49,675,065
63$92,469,816$35,666,264$26,684,631$53,311,280
64$101,824,012$37,336,185$27,500,841$57,259,210
65$112,129,888$39,085,485$28,341,946$61,548,088
66$123,484,438$40,917,975$29,208,703$66,210,016
67$135,994,546$42,837,652$30,101,890$71,280,247
68$149,777,999$44,848,706$31,022,313$76,797,506
69$164,964,592$46,955,530$31,970,797$82,804,335
70$181,697,359$49,162,729$32,948,198$89,347,478
71$200,133,919$51,475,132$33,955,391$96,478,302
72$220,447,966$53,897,801$34,993,284$104,253,264
73$242,830,908$56,436,043$36,062,809$112,734,420
74$267,493,674$59,095,422$37,164,926$121,989,991
75$294,668,703$61,881,772$38,300,625$132,094,984
76$324,612,141$64,801,209$39,470,926$143,131,875
77$357,606,257$67,860,147$40,676,881$155,191,365
78$393,962,110$71,065,308$41,919,570$168,373,206
79$434,022,480$74,423,742$43,200,110$182,787,117
80$478,165,108$77,942,842$44,519,650$198,553,794
81$526,806,264$81,630,356$45,879,373$215,806,013
82$580,404,669$85,494,409$47,280,498$234,689,858
83$639,465,833$89,543,523$48,724,283$255,366,063
84$704,546,822$93,786,630$50,212,020$278,011,496
85$776,261,520$98,233,096$51,745,045$302,820,793
86$855,286,420$102,892,744$53,324,729$330,008,158
87$942,367,017$107,775,870$54,952,489$359,809,343
88$1,038,324,838$112,893,273$56,629,783$392,483,834
89$1,144,065,203$118,256,274$58,358,112$428,317,258
90$1,260,585,769$123,876,747$60,139,024$467,624,028
91$1,388,985,949$129,767,139$61,974,113$510,750,274
92$1,530,477,290$135,940,504$63,865,021$558,077,050
93$1,686,394,914$142,410,529$65,813,439$610,023,885
94$1,858,210,118$149,191,567$67,821,112$667,052,686
95$2,047,544,264$156,298,668$69,889,833$729,672,045
96$2,256,184,090$163,747,613$72,021,453$798,441,975
97$2,486,098,572$171,554,952$74,217,877$873,979,137
98$2,739,457,519$179,738,037$76,481,068$956,962,595
99$3,018,652,050$188,315,065$78,813,048$1,048,140,158
100$3,326,317,174$197,305,118$81,215,900$1,148,335,366