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%13.1%
1 years$1,279,976$1,268,574$1,257,451$1,246,593$1,235,992$1,220,041
2 years$633,651$621,850$610,413$599,324$588,568$572,520
3 years$418,238$406,386$394,978$383,993$373,411$357,766
4 years$310,552$298,737$287,443$276,645$266,320$251,198
5 years$245,958$234,213$223,067$212,490$202,452$187,897
6 years$202,909$191,253$180,271$169,930$160,194$146,222
7 years$172,172$160,614$149,806$139,709$130,280$116,898
8 years$149,130$137,676$127,048$117,198$108,080$95,286
9 years$131,217$119,871$109,426$99,827$91,019$78,807
10 years$116,896$105,661$95,400$86,052$77,553$65,915
11 years$105,186$94,064$83,989$74,891$66,698$55,623
12 years$95,434$84,426$74,538$65,689$57,799$47,275
13 years$87,190$76,297$66,595$57,994$50,402$40,414
14 years$80,129$69,352$59,836$51,480$44,182$34,717
15 years$74,015$63,354$54,024$45,911$38,901$29,942
16 years$68,671$58,126$48,980$41,109$34,381$25,912
17 years$63,960$53,532$44,570$36,936$30,485$22,488
18 years$59,778$49,466$40,687$33,287$27,106$19,565
19 years$56,040$45,845$37,247$30,077$24,160$17,057
20 years$52,680$42,601$34,183$27,241$21,580$14,897
21 years$49,644$39,681$31,442$24,723$19,312$13,031
22 years$46,887$37,041$28,979$22,479$17,310$11,414
23 years$44,374$34,644$26,757$20,472$15,539$10,009
24 years$42,074$32,459$24,745$18,671$13,966$8,786
25 years$39,961$30,461$22,919$17,052$12,568$7,719
26 years$38,014$28,628$21,256$15,591$11,320$6,787
27 years$36,214$26,943$19,738$14,271$10,206$5,972
28 years$34,546$25,388$18,349$13,075$9,209$5,257
29 years$32,996$23,951$17,076$11,990$8,316$4,631
30 years$31,551$22,619$15,905$11,004$7,514$4,081
31 years$30,203$21,382$14,828$10,106$6,793$3,597
32 years$28,941$20,232$13,835$9,288$6,145$3,172
33 years$27,758$19,160$12,918$8,541$5,561$2,798
34 years$26,647$18,159$12,070$7,859$5,035$2,469
35 years$25,602$17,224$11,284$7,234$4,560$2,179
36 years$24,618$16,348$10,556$6,663$4,132$1,924
37 years$23,688$15,527$9,880$6,139$3,745$1,699
38 years$22,810$14,756$9,252$5,658$3,395$1,500
39 years$21,979$14,031$8,669$5,217$3,079$1,325
40 years$21,191$13,350$8,125$4,812$2,793$1,170
41 years$20,444$12,708$7,619$4,440$2,534$1,034
42 years$19,734$12,102$7,147$4,097$2,299$913
43 years$19,059$11,531$6,706$3,782$2,086$807
44 years$18,416$10,992$6,295$3,492$1,894$713
45 years$17,804$10,482$5,911$3,225$1,719$630
46 years$17,220$9,999$5,551$2,979$1,561$557
47 years$16,663$9,542$5,216$2,752$1,417$492
48 years$16,130$9,109$4,901$2,543$1,287$435
49 years$15,621$8,699$4,607$2,351$1,169$385
50 years$15,133$8,309$4,331$2,173$1,062$340

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 $3,613 every year, while hoping to spend $33,408 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: 40/42/18 Blend
44$15,500,000$15,500,000$15,500,000$15,500,000
45$17,084,727$16,263,227$16,022,977$17,676,703
46$18,791,823$17,024,579$16,524,201$18,860,518
47$20,671,923$17,822,118$17,041,096$20,136,879
48$22,742,639$18,657,581$17,574,152$21,516,981
49$25,023,377$19,532,791$18,123,874$23,010,275
50$27,535,520$20,449,657$18,690,783$24,627,126
51$30,302,635$21,410,182$19,275,416$26,378,903
52$33,350,688$22,416,465$19,878,327$28,278,081
53$36,708,294$23,470,707$20,500,086$30,338,348
54$40,406,984$24,575,216$21,141,284$32,574,731
55$44,481,505$25,732,411$21,802,526$35,003,725
56$48,970,148$26,944,828$22,484,439$37,643,441
57$53,915,105$28,215,127$23,187,670$40,513,772
58$59,362,873$29,546,095$23,912,885$43,636,564
59$65,364,689$30,940,657$24,660,769$47,035,819
60$71,977,015$32,401,876$25,432,032$50,737,906
61$79,262,069$33,932,967$26,227,404$54,771,806
62$87,288,415$35,537,298$27,047,637$59,169,364
63$96,131,610$37,218,402$27,893,510$63,965,586
64$105,874,914$38,979,983$28,765,822$69,198,956
65$116,610,078$40,825,925$29,665,399$74,911,782
66$128,438,210$42,760,299$30,593,094$81,150,584
67$141,470,730$44,787,376$31,549,785$87,966,522
68$155,830,419$46,911,632$32,536,378$95,415,858
69$171,652,581$49,137,761$33,553,806$103,560,477
70$189,086,318$51,470,686$34,603,033$112,468,450
71$208,295,940$53,915,567$35,685,052$122,214,664
72$229,462,512$56,477,816$36,800,887$132,881,507
73$252,785,567$59,163,107$37,951,595$144,559,631
74$278,484,986$61,977,391$39,138,265$157,348,782
75$306,803,078$64,926,906$40,362,020$171,358,729
76$338,006,862$68,018,195$41,624,018$186,710,273
77$372,390,594$71,258,118$42,925,454$203,536,365
78$410,278,537$74,653,869$44,267,560$221,983,340
79$452,028,031$78,212,991$45,651,606$242,212,272
80$498,032,856$81,943,394$47,078,901$264,400,470
81$548,726,960$85,853,373$48,550,797$288,743,123
82$604,588,547$89,951,626$50,068,686$315,455,115
83$666,144,596$94,247,273$51,634,004$344,773,024
84$733,975,835$98,749,879$53,248,233$376,957,325
85$808,722,222$103,469,474$54,912,900$412,294,815
86$891,088,986$108,416,577$56,629,581$451,101,286
87$981,853,290$113,602,216$58,399,898$493,724,473
88$1,081,871,559$119,037,958$60,225,528$540,547,297
89$1,192,087,572$124,735,932$62,108,198$591,991,439
90$1,313,541,370$130,708,858$64,049,688$648,521,287
91$1,447,379,072$136,970,075$66,051,835$710,648,268
92$1,594,863,699$143,533,570$68,116,533$778,935,637
93$1,757,387,095$150,414,014$70,245,736$854,003,746
94$1,936,483,068$157,626,789$72,441,457$936,535,849
95$2,133,841,868$165,188,029$74,705,772$1,027,284,504
96$2,351,326,147$173,114,651$77,040,825$1,127,078,621
97$2,590,988,544$181,424,399$79,448,822$1,236,831,230
98$2,855,091,060$190,135,879$81,932,042$1,357,548,043
99$3,146,126,416$199,268,605$84,492,833$1,490,336,887
100$3,466,841,584$208,843,040$87,133,617$1,636,418,093