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

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 $15,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,184,148
2 years$617,299$605,802$594,660$583,857$573,379$553,340
3 years$407,445$395,899$384,785$374,083$363,775$344,269
4 years$302,538$291,027$280,025$269,506$259,447$240,624
5 years$239,611$228,169$217,311$207,006$197,228$179,142
6 years$197,673$186,317$175,619$165,545$156,060$138,732
7 years$167,729$156,469$145,940$136,103$126,918$110,354
8 years$145,281$134,123$123,769$114,174$105,291$89,486
9 years$127,831$116,778$106,602$97,251$88,670$73,617
10 years$113,879$102,934$92,938$83,831$75,551$61,236
11 years$102,471$91,636$81,821$72,958$64,977$51,385
12 years$92,972$82,248$72,614$63,994$56,307$43,422
13 years$84,940$74,328$64,876$56,497$49,101$36,902
14 years$78,061$67,562$58,292$50,152$43,042$31,509
15 years$72,105$61,719$52,629$44,727$37,897$27,009
16 years$66,899$56,626$47,716$40,048$33,494$23,228
17 years$62,310$52,150$43,420$35,983$29,698$20,030
18 years$58,235$48,189$39,637$32,428$26,406$17,314
19 years$54,593$44,661$36,286$29,301$23,536$14,995
20 years$51,320$41,502$33,301$26,538$21,023$13,009
21 years$48,362$38,657$30,631$24,085$18,813$11,303
22 years$45,677$36,085$28,231$21,899$16,863$9,832
23 years$43,229$33,750$26,066$19,943$15,138$8,562
24 years$40,988$31,621$24,107$18,190$13,606$7,463
25 years$38,930$29,675$22,328$16,612$12,243$6,511
26 years$37,033$27,890$20,708$15,189$11,028$5,684
27 years$35,280$26,247$19,229$13,903$9,943$4,965
28 years$33,655$24,733$17,876$12,738$8,972$4,339
29 years$32,144$23,333$16,635$11,681$8,101$3,794
30 years$30,737$22,035$15,495$10,720$7,320$3,319
31 years$29,423$20,830$14,445$9,846$6,618$2,904
32 years$28,194$19,710$13,478$9,048$5,986$2,542
33 years$27,042$18,666$12,584$8,321$5,418$2,226
34 years$25,960$17,691$11,758$7,656$4,905$1,949
35 years$24,942$16,779$10,993$7,048$4,443$1,707
36 years$23,982$15,926$10,284$6,491$4,025$1,496
37 years$23,077$15,126$9,625$5,980$3,648$1,311
38 years$22,221$14,375$9,014$5,512$3,308$1,149
39 years$21,411$13,669$8,445$5,083$2,999$1,007
40 years$20,644$13,005$7,915$4,688$2,721$882
41 years$19,916$12,380$7,422$4,325$2,468$773
42 years$19,225$11,790$6,962$3,992$2,240$678
43 years$18,567$11,234$6,533$3,685$2,033$595
44 years$17,941$10,708$6,132$3,402$1,845$521
45 years$17,345$10,211$5,758$3,142$1,675$457
46 years$16,776$9,741$5,408$2,902$1,521$401
47 years$16,233$9,296$5,081$2,681$1,381$352
48 years$15,714$8,874$4,775$2,478$1,254$308
49 years$15,218$8,474$4,488$2,290$1,139$270
50 years$14,743$8,095$4,219$2,117$1,035$237

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 $3,987 every year, while hoping to spend $41,135 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: 58/37/5 Blend
44$15,100,000$15,100,000$15,100,000$15,100,000
45$16,644,313$15,844,013$15,609,963$17,594,236
46$18,298,265$16,576,602$16,089,129$18,964,257
47$20,119,542$17,343,709$16,582,969$20,451,710
48$22,125,167$18,146,983$17,091,930$22,071,813
49$24,333,900$18,988,150$17,616,475$23,837,250
50$26,766,409$19,869,022$18,157,079$25,761,961
51$29,445,474$20,791,495$18,714,232$27,861,266
52$32,396,194$21,757,559$19,288,440$30,152,006
53$35,646,226$22,769,300$19,880,223$32,652,695
54$39,226,049$23,828,903$20,490,118$35,383,690
55$43,169,246$24,938,660$21,118,678$38,367,374
56$47,512,828$26,100,973$21,766,472$41,628,365
57$52,297,574$27,318,359$22,434,087$45,193,735
58$57,568,426$28,593,457$23,122,128$49,093,264
59$63,374,904$29,929,035$23,831,218$53,359,711
60$69,771,579$31,327,994$24,561,999$58,029,113
61$76,818,588$32,793,372$25,315,133$63,141,123
62$84,582,195$34,328,359$26,091,302$68,739,367
63$93,135,427$35,936,296$26,891,208$74,871,853
64$102,558,752$37,620,686$27,715,575$81,591,411
65$112,940,846$39,385,202$28,565,149$88,956,184
66$124,379,430$41,233,694$29,440,698$97,030,164
67$136,982,185$43,170,198$30,343,014$105,883,786
68$150,867,776$45,198,947$31,272,914$115,594,581
69$166,166,971$47,324,377$32,231,238$126,247,894
70$183,023,870$49,551,139$33,218,853$137,937,679
71$201,597,270$51,884,110$34,236,650$150,767,374
72$222,062,164$54,328,404$35,285,550$164,850,857
73$244,611,388$56,889,379$36,366,500$180,313,513
74$269,457,449$59,572,658$37,480,476$197,293,399
75$296,834,522$62,384,132$38,628,486$215,942,529
76$327,000,668$65,329,979$39,811,565$236,428,298
77$360,240,265$68,416,677$41,030,781$258,935,037
78$396,866,695$71,651,017$42,287,235$283,665,743
79$437,225,302$75,040,120$43,582,061$310,843,966
80$481,696,649$78,591,453$44,916,427$340,715,908
81$530,700,117$82,312,844$46,291,537$373,552,719
82$584,697,856$86,212,500$47,708,631$409,653,039
83$644,199,154$90,299,030$49,168,987$449,345,789
84$709,765,242$94,581,456$50,673,921$492,993,258
85$782,014,590$99,069,240$52,224,791$540,994,490
86$861,628,750$103,772,305$53,822,993$593,789,029
87$949,358,787$108,701,053$55,469,969$651,861,039
88$1,046,032,372$113,866,393$57,167,201$715,743,843
89$1,152,561,590$119,279,762$58,916,218$786,024,931
90$1,269,951,557$124,953,156$60,718,596$863,351,467
91$1,399,309,904$130,899,148$62,575,958$948,436,371
92$1,541,857,236$137,130,928$64,489,974$1,042,065,011
93$1,698,938,654$143,662,324$66,462,368$1,145,102,578
94$1,872,036,454$150,507,835$68,494,915$1,258,502,216
95$2,062,784,121$157,682,668$70,589,443$1,383,313,979
96$2,272,981,748$165,202,765$72,747,836$1,520,694,702
97$2,504,613,033$173,084,847$74,972,035$1,671,918,876
98$2,759,864,004$181,346,446$77,264,040$1,838,390,629
99$3,041,143,658$190,005,947$79,625,910$2,021,656,941
100$3,351,106,702$199,082,630$82,059,770$2,223,422,187