Can I retire at age 45 with 15,100,000?

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 $15,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,188,556
2 years$617,299$605,802$594,660$583,857$573,379$557,746
3 years$407,445$395,899$384,785$374,083$363,775$348,534
4 years$302,538$291,027$280,025$269,506$259,447$244,715
5 years$239,611$228,169$217,311$207,006$197,228$183,048
6 years$197,673$186,317$175,619$165,545$156,060$142,449
7 years$167,729$156,469$145,940$136,103$126,918$113,882
8 years$145,281$134,123$123,769$114,174$105,291$92,827
9 years$127,831$116,778$106,602$97,251$88,670$76,774
10 years$113,879$102,934$92,938$83,831$75,551$64,214
11 years$102,471$91,636$81,821$72,958$64,977$54,188
12 years$92,972$82,248$72,614$63,994$56,307$46,055
13 years$84,940$74,328$64,876$56,497$49,101$39,371
14 years$78,061$67,562$58,292$50,152$43,042$33,821
15 years$72,105$61,719$52,629$44,727$37,897$29,169
16 years$66,899$56,626$47,716$40,048$33,494$25,243
17 years$62,310$52,150$43,420$35,983$29,698$21,908
18 years$58,235$48,189$39,637$32,428$26,406$19,060
19 years$54,593$44,661$36,286$29,301$23,536$16,616
20 years$51,320$41,502$33,301$26,538$21,023$14,512
21 years$48,362$38,657$30,631$24,085$18,813$12,694
22 years$45,677$36,085$28,231$21,899$16,863$11,119
23 years$43,229$33,750$26,066$19,943$15,138$9,751
24 years$40,988$31,621$24,107$18,190$13,606$8,559
25 years$38,930$29,675$22,328$16,612$12,243$7,520
26 years$37,033$27,890$20,708$15,189$11,028$6,612
27 years$35,280$26,247$19,229$13,903$9,943$5,817
28 years$33,655$24,733$17,876$12,738$8,972$5,121
29 years$32,144$23,333$16,635$11,681$8,101$4,511
30 years$30,737$22,035$15,495$10,720$7,320$3,975
31 years$29,423$20,830$14,445$9,846$6,618$3,504
32 years$28,194$19,710$13,478$9,048$5,986$3,090
33 years$27,042$18,666$12,584$8,321$5,418$2,726
34 years$25,960$17,691$11,758$7,656$4,905$2,406
35 years$24,942$16,779$10,993$7,048$4,443$2,123
36 years$23,982$15,926$10,284$6,491$4,025$1,874
37 years$23,077$15,126$9,625$5,980$3,648$1,655
38 years$22,221$14,375$9,014$5,512$3,308$1,461
39 years$21,411$13,669$8,445$5,083$2,999$1,291
40 years$20,644$13,005$7,915$4,688$2,721$1,140
41 years$19,916$12,380$7,422$4,325$2,468$1,007
42 years$19,225$11,790$6,962$3,992$2,240$890
43 years$18,567$11,234$6,533$3,685$2,033$786
44 years$17,941$10,708$6,132$3,402$1,845$695
45 years$17,345$10,211$5,758$3,142$1,675$614
46 years$16,776$9,741$5,408$2,902$1,521$543
47 years$16,233$9,296$5,081$2,681$1,381$480
48 years$15,714$8,874$4,775$2,478$1,254$424
49 years$15,218$8,474$4,488$2,290$1,139$375
50 years$14,743$8,095$4,219$2,117$1,035$331

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $15,100,000, adding $6,608 every year, while hoping to spend $28,543 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: 36/37/27 Blend
44$15,100,000$15,100,000$15,100,000$15,100,000
45$16,647,016$15,846,716$15,612,666$17,110,991
46$18,314,642$16,592,836$16,105,321$18,202,012
47$20,151,410$17,374,558$16,613,523$19,375,977
48$22,174,540$18,193,599$17,137,763$20,642,837
49$24,403,013$19,051,754$17,678,547$22,010,961
50$26,857,739$19,950,910$18,236,398$23,489,521
51$29,561,765$20,893,041$18,811,854$25,088,579
52$32,540,484$21,880,219$19,405,470$26,819,167
53$35,821,881$22,914,616$20,017,820$28,693,390
54$39,436,791$23,998,511$20,649,495$30,724,531
55$43,419,196$25,134,290$21,301,106$32,927,168
56$47,806,541$26,324,458$21,973,280$35,317,303
57$52,640,091$27,571,639$22,666,668$37,912,507
58$57,965,318$28,878,587$23,381,939$40,732,076
59$63,832,330$30,248,188$24,119,784$43,797,200
60$70,296,346$31,683,467$24,880,914$47,131,160
61$77,418,214$33,187,598$25,666,066$50,759,533
62$85,264,990$34,763,908$26,475,997$54,710,424
63$93,910,565$36,415,886$27,311,489$59,014,719
64$103,436,369$38,147,190$28,173,350$63,706,369
65$113,932,132$39,961,656$29,062,411$68,822,691
66$125,496,739$41,863,306$29,979,531$74,404,718
67$138,239,157$43,856,359$30,925,596$80,497,562
68$152,279,466$45,945,236$31,901,519$87,150,833
69$167,749,995$48,134,576$32,908,243$94,419,092
70$184,796,565$50,429,241$33,946,740$102,362,347
71$203,579,872$52,834,331$35,018,013$111,046,610
72$224,276,999$55,355,193$36,123,096$120,544,497
73$247,083,089$57,997,434$37,263,057$130,935,900
74$272,213,192$60,766,935$38,438,996$142,308,722
75$299,904,284$63,669,862$39,652,050$154,759,688
76$330,417,517$66,712,681$40,903,389$168,395,237
77$364,040,674$69,902,173$42,194,223$183,332,509
78$401,090,891$73,245,447$43,525,797$199,700,425
79$441,917,649$76,749,961$44,899,398$217,640,885
80$486,906,074$80,423,535$46,316,353$237,310,081
81$536,480,572$84,274,367$47,778,030$258,879,949
82$591,108,837$88,311,057$49,285,841$282,539,762
83$651,306,263$92,542,624$50,841,241$308,497,897
84$717,640,813$96,978,523$52,445,734$336,983,763
85$790,738,378$101,628,673$54,100,868$368,249,947
86$871,288,688$106,503,474$55,808,243$402,574,562
87$960,051,823$111,613,832$57,569,507$440,263,839
88$1,057,865,385$116,971,186$59,386,361$481,654,988
89$1,165,652,411$122,587,531$61,260,561$527,119,340
90$1,284,430,083$128,475,447$63,193,917$577,065,820
91$1,415,319,334$134,648,126$65,188,295$631,944,766
92$1,559,555,426$141,119,403$67,245,623$692,252,139
93$1,718,499,615$147,903,790$69,367,887$758,534,163
94$1,893,652,002$155,016,502$71,557,137$831,392,437
95$2,086,665,693$162,473,497$73,815,488$911,489,564
96$2,299,362,408$170,291,513$76,145,121$999,555,363
97$2,533,749,677$178,488,101$78,548,287$1,096,393,702
98$2,792,039,796$187,081,669$81,027,306$1,202,890,035
99$3,076,670,708$196,091,523$83,584,573$1,320,019,704
100$3,390,329,022$205,537,910$86,222,559$1,448,857,090