Can I retire at age 45 with 15,500,000?

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 $15,500,000?

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$1,279,976$1,268,574$1,257,451$1,246,593$1,235,992$1,211,532
2 years$633,651$621,850$610,413$599,324$588,568$564,028
3 years$418,238$406,386$394,978$383,993$373,411$349,557
4 years$310,552$298,737$287,443$276,645$266,320$243,335
5 years$245,958$234,213$223,067$212,490$202,452$180,402
6 years$202,909$191,253$180,271$169,930$160,194$139,102
7 years$172,172$160,614$149,806$139,709$130,280$110,152
8 years$149,130$137,676$127,048$117,198$108,080$88,910
9 years$131,217$119,871$109,426$99,827$91,019$72,794
10 years$116,896$105,661$95,400$86,052$77,553$60,256
11 years$105,186$94,064$83,989$74,891$66,698$50,308
12 years$95,434$84,426$74,538$65,689$57,799$42,293
13 years$87,190$76,297$66,595$57,994$50,402$35,753
14 years$80,129$69,352$59,836$51,480$44,182$30,363
15 years$74,015$63,354$54,024$45,911$38,901$25,884
16 years$68,671$58,126$48,980$41,109$34,381$22,135
17 years$63,960$53,532$44,570$36,936$30,485$18,979
18 years$59,778$49,466$40,687$33,287$27,106$16,310
19 years$56,040$45,845$37,247$30,077$24,160$14,043
20 years$52,680$42,601$34,183$27,241$21,580$12,110
21 years$49,644$39,681$31,442$24,723$19,312$10,458
22 years$46,887$37,041$28,979$22,479$17,310$9,041
23 years$44,374$34,644$26,757$20,472$15,539$7,825
24 years$42,074$32,459$24,745$18,671$13,966$6,778
25 years$39,961$30,461$22,919$17,052$12,568$5,876
26 years$38,014$28,628$21,256$15,591$11,320$5,097
27 years$36,214$26,943$19,738$14,271$10,206$4,423
28 years$34,546$25,388$18,349$13,075$9,209$3,841
29 years$32,996$23,951$17,076$11,990$8,316$3,336
30 years$31,551$22,619$15,905$11,004$7,514$2,899
31 years$30,203$21,382$14,828$10,106$6,793$2,520
32 years$28,941$20,232$13,835$9,288$6,145$2,191
33 years$27,758$19,160$12,918$8,541$5,561$1,906
34 years$26,647$18,159$12,070$7,859$5,035$1,658
35 years$25,602$17,224$11,284$7,234$4,560$1,442
36 years$24,618$16,348$10,556$6,663$4,132$1,255
37 years$23,688$15,527$9,880$6,139$3,745$1,092
38 years$22,810$14,756$9,252$5,658$3,395$951
39 years$21,979$14,031$8,669$5,217$3,079$828
40 years$21,191$13,350$8,125$4,812$2,793$721
41 years$20,444$12,708$7,619$4,440$2,534$627
42 years$19,734$12,102$7,147$4,097$2,299$546
43 years$19,059$11,531$6,706$3,782$2,086$476
44 years$18,416$10,992$6,295$3,492$1,894$414
45 years$17,804$10,482$5,911$3,225$1,719$361
46 years$17,220$9,999$5,551$2,979$1,561$314
47 years$16,663$9,542$5,216$2,752$1,417$274
48 years$16,130$9,109$4,901$2,543$1,287$238
49 years$15,621$8,699$4,607$2,351$1,169$207
50 years$15,133$8,309$4,331$2,173$1,062$181

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $15,500,000, adding $3,122 every year, while hoping to spend $50,747 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: 48/39/13 Blend
44$15,500,000$15,500,000$15,500,000$15,500,000
45$17,084,220$16,262,720$16,022,470$17,842,576
46$18,772,816$17,005,599$16,505,229$19,108,700
47$20,631,948$17,783,178$17,002,459$20,477,151
48$22,678,958$18,597,104$17,514,591$21,961,856
49$24,932,952$19,449,103$18,042,071$23,573,691
50$27,414,987$20,340,983$18,585,354$25,324,594
51$30,148,264$21,274,640$19,144,912$27,227,675
52$33,158,350$22,252,060$19,721,229$29,297,337
53$36,473,415$23,275,325$20,314,804$31,549,400
54$40,124,504$24,346,616$20,926,151$34,001,246
55$44,145,824$25,468,221$21,555,797$36,671,978
56$48,575,071$26,642,536$22,204,289$39,582,587
57$53,453,781$27,872,073$22,872,186$42,756,149
58$58,827,727$29,159,466$23,560,065$46,218,030
59$64,747,348$30,507,473$24,268,520$49,996,119
60$71,268,225$31,918,986$24,998,163$54,121,082
61$78,451,606$33,397,039$25,749,623$58,626,642
62$86,364,984$34,944,807$26,523,549$63,549,887
63$95,082,732$36,565,623$27,320,608$68,931,610
64$104,686,810$38,262,977$28,141,487$74,816,685
65$115,267,530$40,040,529$28,986,893$81,254,477
66$126,924,418$41,902,115$29,857,554$88,299,298
67$139,767,146$43,851,756$30,754,219$96,010,905
68$153,916,571$45,893,667$31,677,661$104,455,056
69$169,505,871$48,032,267$32,628,673$113,704,112
70$186,681,809$50,272,187$33,608,073$123,837,709
71$205,606,113$52,618,284$34,616,702$134,943,494
72$226,457,002$55,075,645$35,655,428$147,117,937
73$249,430,873$57,649,608$36,725,141$160,467,227
74$274,744,149$60,345,766$37,826,760$175,108,255
75$302,635,326$63,169,983$38,961,230$191,169,702
76$333,367,222$66,128,405$40,129,525$208,793,235
77$367,229,459$69,227,477$41,332,644$228,134,823
78$404,541,196$72,473,955$42,571,620$249,366,191
79$445,654,141$75,874,923$43,847,512$272,676,419
80$490,955,874$79,437,804$45,161,414$298,273,706
81$540,873,501$83,170,385$46,514,450$326,387,311
82$595,877,690$87,080,826$47,907,776$357,269,692
83$656,487,113$91,177,684$49,342,584$391,198,868
84$723,273,337$95,469,930$50,820,100$428,481,010
85$796,866,230$99,966,969$52,341,586$469,453,309
86$877,959,897$104,678,661$53,908,340$514,487,130
87$967,319,237$109,615,346$55,521,700$563,991,483
88$1,065,787,164$114,787,863$57,183,042$618,416,854
89$1,174,292,562$120,207,576$58,893,781$678,259,428
90$1,293,859,057$125,886,400$60,655,376$744,065,732
91$1,425,614,677$131,836,830$62,469,328$816,437,760
92$1,570,802,503$138,071,964$64,337,179$896,038,621
93$1,730,792,404$144,605,536$66,260,520$983,598,752
94$1,907,093,968$151,451,946$68,240,986$1,079,922,777
95$2,101,370,755$158,626,293$70,280,262$1,185,897,056
96$2,315,456,000$166,144,410$72,380,079$1,302,498,008
97$2,551,369,921$174,022,895$74,542,220$1,430,801,278
98$2,811,338,790$182,279,154$76,768,522$1,571,991,843
99$3,097,815,952$190,931,438$79,060,873$1,727,375,145
100$3,413,504,983$199,998,883$81,421,217$1,898,389,359