Can I retire at age 45 with 15,300,000?

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 $15,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$1,263,460$1,252,205$1,241,225$1,230,508$1,220,043$1,195,899
2 years$625,475$613,826$602,537$591,591$580,973$556,750
3 years$412,841$401,142$389,881$379,038$368,593$345,047
4 years$306,545$294,882$283,734$273,075$262,884$240,195
5 years$242,784$231,191$220,189$209,748$199,840$178,074
6 years$200,291$188,785$177,945$167,737$158,127$137,307
7 years$169,950$158,541$147,873$137,906$128,599$108,731
8 years$147,205$135,899$125,408$115,686$106,686$87,763
9 years$129,524$118,325$108,014$98,539$89,845$71,855
10 years$115,387$104,297$94,169$84,941$76,552$59,479
11 years$103,829$92,850$82,905$73,924$65,837$49,659
12 years$94,203$83,337$73,576$64,842$57,053$41,747
13 years$86,065$75,312$65,735$57,245$49,752$35,292
14 years$79,095$68,457$59,064$50,816$43,612$29,972
15 years$73,060$62,537$53,326$45,319$38,399$25,550
16 years$67,785$57,376$48,348$40,578$33,937$21,849
17 years$63,135$52,841$43,995$36,459$30,091$18,734
18 years$59,006$48,828$40,162$32,857$26,756$16,099
19 years$55,316$45,253$36,766$29,689$23,848$13,861
20 years$52,000$42,051$33,742$26,889$21,302$11,954
21 years$49,003$39,169$31,036$24,404$19,062$10,323
22 years$46,282$36,563$28,605$22,189$17,087$8,925
23 years$43,802$34,197$26,411$20,208$15,338$7,724
24 years$41,531$32,040$24,426$18,431$13,786$6,691
25 years$39,446$30,068$22,623$16,832$12,405$5,800
26 years$37,524$28,259$20,982$15,390$11,174$5,031
27 years$35,747$26,595$19,484$14,087$10,075$4,366
28 years$34,100$25,060$18,113$12,907$9,091$3,791
29 years$32,570$23,642$16,855$11,836$8,209$3,293
30 years$31,144$22,327$15,700$10,862$7,417$2,862
31 years$29,813$21,106$14,637$9,976$6,706$2,488
32 years$28,568$19,971$13,656$9,168$6,066$2,163
33 years$27,400$18,913$12,751$8,431$5,489$1,881
34 years$26,304$17,925$11,914$7,757$4,970$1,637
35 years$25,272$17,002$11,139$7,141$4,502$1,424
36 years$24,300$16,137$10,420$6,577$4,079$1,239
37 years$23,383$15,326$9,753$6,060$3,697$1,078
38 years$22,516$14,566$9,133$5,585$3,351$939
39 years$21,695$13,850$8,557$5,150$3,039$817
40 years$20,918$13,178$8,020$4,750$2,757$711
41 years$20,180$12,544$7,520$4,382$2,501$619
42 years$19,479$11,946$7,054$4,044$2,269$539
43 years$18,813$11,382$6,620$3,734$2,059$469
44 years$18,179$10,850$6,214$3,447$1,869$409
45 years$17,574$10,346$5,834$3,184$1,697$356
46 years$16,998$9,870$5,480$2,941$1,541$310
47 years$16,448$9,419$5,148$2,717$1,399$270
48 years$15,922$8,992$4,838$2,511$1,271$235
49 years$15,419$8,587$4,547$2,320$1,154$205
50 years$14,938$8,202$4,275$2,145$1,048$178

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $15,300,000, adding $4,452 every year, while hoping to spend $37,673 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: 80/8/12 Blend
44$15,300,000$15,300,000$15,300,000$15,300,000
45$16,865,192$16,054,292$15,817,142$18,176,860
46$18,545,358$16,800,869$16,306,933$19,785,491
47$20,395,638$17,582,765$16,811,869$21,545,050
48$22,433,344$18,401,672$17,332,417$23,474,890
49$24,677,553$19,259,361$17,869,061$25,592,037
50$27,149,286$20,157,692$18,422,297$27,915,240
51$29,871,705$21,098,611$18,992,636$30,465,149
52$32,870,337$22,084,161$19,580,607$33,264,502
53$36,173,309$23,116,483$20,186,755$36,338,345
54$39,811,615$24,197,819$20,811,640$39,714,260
55$43,819,410$25,330,522$21,455,840$43,422,627
56$48,234,331$26,517,059$22,119,952$47,496,908
57$53,097,852$27,760,014$22,804,589$51,973,960
58$58,455,676$29,062,098$23,510,387$56,894,381
59$64,358,167$30,426,152$24,237,996$62,302,890
60$70,860,822$31,855,155$24,988,091$68,248,749
61$78,024,798$33,352,231$25,761,364$74,786,221
62$85,917,490$34,920,652$26,558,532$81,975,084
63$94,613,162$36,563,852$27,380,331$89,881,191
64$104,193,653$38,285,430$28,227,521$98,577,087
65$114,749,148$40,089,158$29,100,885$108,142,693
66$126,379,027$41,978,993$30,001,231$118,666,054
67$139,192,806$43,959,082$30,929,391$130,244,171
68$153,311,169$46,033,774$31,886,222$142,983,911
69$168,867,107$48,207,627$32,872,609$157,003,011
70$186,007,174$50,485,423$33,889,463$172,431,187
71$204,892,869$52,872,172$34,937,724$189,411,356
72$225,702,164$55,373,131$36,018,360$208,100,977
73$248,631,179$57,993,809$37,132,369$228,673,536
74$273,896,037$60,739,982$38,280,781$251,320,181
75$301,734,901$63,617,710$39,464,655$276,251,516
76$332,410,225$66,633,342$40,685,085$303,699,589
77$366,211,231$69,793,539$41,943,199$333,920,078
78$403,456,637$73,105,283$43,240,156$367,194,694
79$444,497,668$76,575,896$44,577,156$403,833,840
80$489,721,371$80,213,055$45,955,431$444,179,535
81$539,554,267$84,024,811$47,376,254$488,608,634
82$594,466,379$88,019,604$48,840,936$537,536,380
83$654,975,671$92,206,286$50,350,829$591,420,320
84$721,652,933$96,594,138$51,907,325$650,764,616
85$795,127,173$101,192,891$53,511,861$716,124,795
86$876,091,553$106,012,750$55,165,916$788,112,989
87$965,309,933$111,064,418$56,871,017$867,403,707
88$1,063,624,086$116,359,113$58,628,735$954,740,190
89$1,171,961,637$121,908,604$60,440,692$1,050,941,423
90$1,291,344,827$127,725,229$62,308,558$1,156,909,856
91$1,422,900,160$133,821,925$64,234,056$1,273,639,915
92$1,567,869,039$140,212,263$66,218,959$1,402,227,380
93$1,727,619,485$146,910,468$68,265,098$1,543,879,720
94$1,903,659,052$153,931,460$70,374,359$1,699,927,481
95$2,097,649,061$161,290,887$72,548,685$1,871,836,836
96$2,311,420,279$169,005,154$74,790,080$2,061,223,418
97$2,546,990,208$177,091,467$77,100,608$2,269,867,555
98$2,806,582,129$185,567,869$79,482,399$2,499,731,072
99$3,092,646,092$194,453,281$81,937,645$2,752,975,793
100$3,407,882,046$203,767,544$84,468,609$3,031,983,938