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%14.3%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,182,688
2 years$617,299$605,802$594,660$583,857$573,379$551,884
3 years$407,445$395,899$384,785$374,083$363,775$342,863
4 years$302,538$291,027$280,025$269,506$259,447$239,279
5 years$239,611$228,169$217,311$207,006$197,228$177,860
6 years$197,673$186,317$175,619$165,545$156,060$137,515
7 years$167,729$156,469$145,940$136,103$126,918$109,202
8 years$145,281$134,123$123,769$114,174$105,291$88,399
9 years$127,831$116,778$106,602$97,251$88,670$72,592
10 years$113,879$102,934$92,938$83,831$75,551$60,274
11 years$102,471$91,636$81,821$72,958$64,977$50,482
12 years$92,972$82,248$72,614$63,994$56,307$42,576
13 years$84,940$74,328$64,876$56,497$49,101$36,112
14 years$78,061$67,562$58,292$50,152$43,042$30,772
15 years$72,105$61,719$52,629$44,727$37,897$26,323
16 years$66,899$56,626$47,716$40,048$33,494$22,590
17 years$62,310$52,150$43,420$35,983$29,698$19,439
18 years$58,235$48,189$39,637$32,428$26,406$16,766
19 years$54,593$44,661$36,286$29,301$23,536$14,489
20 years$51,320$41,502$33,301$26,538$21,023$12,541
21 years$48,362$38,657$30,631$24,085$18,813$10,872
22 years$45,677$36,085$28,231$21,899$16,863$9,436
23 years$43,229$33,750$26,066$19,943$15,138$8,198
24 years$40,988$31,621$24,107$18,190$13,606$7,129
25 years$38,930$29,675$22,328$16,612$12,243$6,204
26 years$37,033$27,890$20,708$15,189$11,028$5,403
27 years$35,280$26,247$19,229$13,903$9,943$4,709
28 years$33,655$24,733$17,876$12,738$8,972$4,105
29 years$32,144$23,333$16,635$11,681$8,101$3,581
30 years$30,737$22,035$15,495$10,720$7,320$3,124
31 years$29,423$20,830$14,445$9,846$6,618$2,727
32 years$28,194$19,710$13,478$9,048$5,986$2,381
33 years$27,042$18,666$12,584$8,321$5,418$2,080
34 years$25,960$17,691$11,758$7,656$4,905$1,817
35 years$24,942$16,779$10,993$7,048$4,443$1,587
36 years$23,982$15,926$10,284$6,491$4,025$1,387
37 years$23,077$15,126$9,625$5,980$3,648$1,212
38 years$22,221$14,375$9,014$5,512$3,308$1,060
39 years$21,411$13,669$8,445$5,083$2,999$926
40 years$20,644$13,005$7,915$4,688$2,721$810
41 years$19,916$12,380$7,422$4,325$2,468$708
42 years$19,225$11,790$6,962$3,992$2,240$619
43 years$18,567$11,234$6,533$3,685$2,033$542
44 years$17,941$10,708$6,132$3,402$1,845$474
45 years$17,345$10,211$5,758$3,142$1,675$414
46 years$16,776$9,741$5,408$2,902$1,521$362
47 years$16,233$9,296$5,081$2,681$1,381$317
48 years$15,714$8,874$4,775$2,478$1,254$277
49 years$15,218$8,474$4,488$2,290$1,139$242
50 years$14,743$8,095$4,219$2,117$1,035$212

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 $6,803 every year, while hoping to spend $49,966 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: 42/42/16 Blend
44$15,100,000$15,100,000$15,100,000$15,100,000
45$16,647,217$15,846,917$15,612,867$17,268,094
46$18,292,070$16,570,253$16,082,735$18,429,921
47$20,103,023$17,327,357$16,566,668$19,681,806
48$22,096,966$18,119,832$17,065,086$21,036,369
49$24,292,509$18,949,357$17,578,419$22,503,033
50$26,710,160$19,817,690$18,107,111$24,092,140
51$29,372,515$20,726,676$18,651,618$25,815,035
52$32,304,475$21,678,246$19,212,411$27,684,174
53$35,533,478$22,674,426$19,789,973$29,713,227
54$39,089,758$23,717,339$20,384,803$31,917,206
55$43,006,633$24,809,208$20,997,413$34,312,597
56$47,320,815$25,952,364$21,628,332$36,917,506
57$52,072,759$27,149,252$22,278,103$39,751,824
58$57,307,047$28,402,432$22,947,285$42,837,405
59$63,072,803$29,714,587$23,636,456$46,198,266
60$69,424,159$31,088,533$24,346,208$49,860,797
61$76,420,768$32,527,216$25,077,151$53,854,010
62$84,128,365$34,033,728$25,829,914$58,209,793
63$92,619,387$35,611,309$26,605,144$62,963,209
64$101,973,655$37,263,354$27,403,507$68,152,809
65$112,279,132$38,993,422$28,225,689$73,820,987
66$123,632,748$40,805,245$29,072,394$80,014,366
67$136,141,320$42,702,733$29,944,351$86,784,230
68$149,922,554$44,689,986$30,842,306$94,186,987
69$165,106,160$46,771,302$31,767,029$102,284,694
70$181,835,077$48,951,184$32,719,313$111,145,623
71$200,266,818$51,234,355$33,699,974$120,844,894
72$220,574,961$53,625,766$34,709,850$131,465,165
73$242,950,783$56,130,605$35,749,806$143,097,398
74$267,605,071$58,754,312$36,820,732$155,841,696
75$294,770,104$61,502,589$37,923,543$169,808,231
76$324,701,855$64,381,416$39,059,182$185,118,269
77$357,682,398$67,397,059$40,228,618$201,905,285
78$394,022,576$70,556,089$41,432,850$220,316,212
79$434,064,935$73,865,393$42,672,907$240,512,797
80$478,186,954$77,332,193$43,949,845$262,673,110
81$526,804,612$80,964,059$45,264,753$286,993,198
82$580,376,312$84,768,928$46,618,753$313,688,911
83$639,407,212$88,755,121$48,012,996$342,997,914
84$704,453,987$92,931,362$49,448,671$375,181,897
85$776,130,091$97,306,796$50,927,000$410,529,025
86$855,111,545$101,891,014$52,449,238$449,356,619
87$942,143,317$106,694,068$54,016,682$492,014,125
88$1,038,046,357$111,726,499$55,630,663$538,886,375
89$1,143,725,346$116,999,358$57,292,551$590,397,188
90$1,260,177,238$122,524,233$59,003,757$647,013,333
91$1,388,500,667$128,313,271$60,765,734$709,248,895
92$1,529,906,325$134,379,211$62,579,976$777,670,090
93$1,685,728,385$140,735,408$64,448,021$852,900,565
94$1,857,437,102$147,395,864$66,371,451$935,627,244
95$2,046,652,686$154,375,262$68,351,895$1,026,606,765
96$2,255,160,606$161,688,996$70,391,029$1,126,672,574
97$2,484,928,439$169,353,207$72,490,579$1,236,742,740
98$2,738,124,445$177,384,820$74,652,320$1,357,828,573
99$3,017,138,044$185,801,582$76,878,078$1,491,044,113
100$3,324,602,364$194,622,099$79,169,733$1,637,616,587