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%17.9%
1 years$1,263,460$1,252,205$1,241,225$1,230,508$1,220,043$1,180,989
2 years$625,475$613,826$602,537$591,591$580,973$541,987
3 years$412,841$401,142$389,881$379,038$368,593$330,898
4 years$306,545$294,882$283,734$273,075$262,884$226,769
5 years$242,784$231,191$220,189$209,748$199,840$165,402
6 years$200,291$188,785$177,945$167,737$158,127$125,394
7 years$169,950$158,541$147,873$137,906$128,599$97,570
8 years$147,205$135,899$125,408$115,686$106,686$77,337
9 years$129,524$118,325$108,014$98,539$89,845$62,144
10 years$115,387$104,297$94,169$84,941$76,552$50,457
11 years$103,829$92,850$82,905$73,924$65,837$41,300
12 years$94,203$83,337$73,576$64,842$57,053$34,020
13 years$86,065$75,312$65,735$57,245$49,752$28,167
14 years$79,095$68,457$59,064$50,816$43,612$23,417
15 years$73,060$62,537$53,326$45,319$38,399$19,533
16 years$67,785$57,376$48,348$40,578$33,937$16,338
17 years$63,135$52,841$43,995$36,459$30,091$13,697
18 years$59,006$48,828$40,162$32,857$26,756$11,504
19 years$55,316$45,253$36,766$29,689$23,848$9,678
20 years$52,000$42,051$33,742$26,889$21,302$8,152
21 years$49,003$39,169$31,036$24,404$19,062$6,874
22 years$46,282$36,563$28,605$22,189$17,087$5,802
23 years$43,802$34,197$26,411$20,208$15,338$4,900
24 years$41,531$32,040$24,426$18,431$13,786$4,142
25 years$39,446$30,068$22,623$16,832$12,405$3,503
26 years$37,524$28,259$20,982$15,390$11,174$2,963
27 years$35,747$26,595$19,484$14,087$10,075$2,508
28 years$34,100$25,060$18,113$12,907$9,091$2,124
29 years$32,570$23,642$16,855$11,836$8,209$1,798
30 years$31,144$22,327$15,700$10,862$7,417$1,523
31 years$29,813$21,106$14,637$9,976$6,706$1,291
32 years$28,568$19,971$13,656$9,168$6,066$1,094
33 years$27,400$18,913$12,751$8,431$5,489$927
34 years$26,304$17,925$11,914$7,757$4,970$786
35 years$25,272$17,002$11,139$7,141$4,502$666
36 years$24,300$16,137$10,420$6,577$4,079$565
37 years$23,383$15,326$9,753$6,060$3,697$479
38 years$22,516$14,566$9,133$5,585$3,351$406
39 years$21,695$13,850$8,557$5,150$3,039$344
40 years$20,918$13,178$8,020$4,750$2,757$292
41 years$20,180$12,544$7,520$4,382$2,501$247
42 years$19,479$11,946$7,054$4,044$2,269$210
43 years$18,813$11,382$6,620$3,734$2,059$178
44 years$18,179$10,850$6,214$3,447$1,869$151
45 years$17,574$10,346$5,834$3,184$1,697$128
46 years$16,998$9,870$5,480$2,941$1,541$109
47 years$16,448$9,419$5,148$2,717$1,399$92
48 years$15,922$8,992$4,838$2,511$1,271$78
49 years$15,419$8,587$4,547$2,320$1,154$66
50 years$14,938$8,202$4,275$2,145$1,048$56

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 $3,266 every year, while hoping to spend $45,679 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: 63/24/13 Blend
44$15,300,000$15,300,000$15,300,000$15,300,000
45$16,863,969$16,053,069$15,815,919$17,874,177
46$18,535,492$16,791,067$16,297,150$19,289,279
47$20,375,979$17,563,696$16,792,972$20,828,312
48$22,402,616$18,372,605$17,303,824$22,507,739
49$24,634,342$19,219,522$17,830,161$24,341,204
50$27,092,023$20,106,257$18,372,450$26,343,712
51$29,798,655$21,034,709$18,931,172$28,531,772
52$32,779,576$22,006,867$19,506,824$30,923,542
53$36,062,706$23,024,817$20,099,916$33,539,000
54$39,678,813$24,090,745$20,710,975$36,400,128
55$43,661,801$25,206,940$21,340,542$39,531,114
56$48,049,030$26,375,806$21,989,175$42,958,575
57$52,881,669$27,599,858$22,657,450$46,711,804
58$58,205,084$28,881,735$23,345,959$50,823,041
59$64,069,265$30,224,203$24,055,312$55,327,771
60$70,529,302$31,630,161$24,786,136$60,265,054
61$77,645,900$33,102,647$25,539,080$65,677,888
62$85,485,952$34,644,848$26,314,810$71,613,606
63$94,123,175$36,260,101$27,114,012$78,124,320
64$103,638,801$37,951,908$27,937,394$85,267,402
65$114,122,345$39,723,939$28,785,683$93,106,021
66$125,672,451$41,580,038$29,659,630$101,709,730
67$138,397,821$43,524,240$30,560,008$111,155,117
68$152,418,243$45,560,772$31,487,612$121,526,516
69$167,865,718$47,694,064$32,443,262$132,916,798
70$184,885,712$49,928,764$33,427,801$145,428,235
71$203,638,522$52,269,741$34,442,100$159,173,461
72$224,300,795$54,722,101$35,487,054$174,276,518
73$247,067,190$57,291,199$36,563,585$190,874,025
74$272,152,221$59,982,645$37,672,642$209,116,448
75$299,792,276$62,802,323$38,815,204$229,169,518
76$330,247,854$65,756,403$39,992,279$251,215,775
77$363,806,019$68,851,350$41,204,904$275,456,284
78$400,783,112$72,093,946$42,454,148$302,112,521
79$441,527,739$75,491,298$43,741,111$331,428,445
80$486,424,057$79,050,861$45,066,928$363,672,791
81$535,895,405$82,780,447$46,432,764$399,141,590
82$590,408,297$86,688,250$47,839,823$438,160,949
83$650,476,829$90,782,860$49,289,342$481,090,112
84$716,667,528$95,073,282$50,782,597$528,324,838
85$789,604,703$99,568,960$52,320,902$580,301,111
86$869,976,338$104,279,795$53,905,607$637,499,248
87$958,540,587$109,216,167$55,538,107$700,448,404
88$1,056,132,929$114,388,961$57,219,836$769,731,554
89$1,163,674,057$119,809,590$58,952,270$845,990,969
90$1,282,178,571$125,490,020$60,736,931$929,934,263
91$1,412,764,553$131,442,799$62,575,386$1,022,341,046
92$1,556,664,124$137,681,082$64,469,248$1,124,070,259
93$1,715,235,075$144,218,666$66,420,178$1,236,068,259
94$1,889,973,686$151,070,014$68,429,888$1,359,377,725
95$2,082,528,851$158,250,294$70,500,138$1,495,147,476
96$2,294,717,646$165,775,410$72,632,745$1,644,643,280
97$2,528,542,479$173,662,038$74,829,575$1,809,259,782
98$2,786,210,000$181,927,666$77,092,554$1,990,533,630
99$3,070,151,928$190,590,630$79,423,662$2,190,157,954
100$3,383,048,011$199,670,157$81,824,941$2,409,998,311