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%12.9%
1 years$1,279,976$1,268,574$1,257,451$1,246,593$1,235,992$1,221,053
2 years$633,651$621,850$610,413$599,324$588,568$573,534
3 years$418,238$406,386$394,978$383,993$373,411$358,749
4 years$310,552$298,737$287,443$276,645$266,320$252,142
5 years$245,958$234,213$223,067$212,490$202,452$188,801
6 years$202,909$191,253$180,271$169,930$160,194$147,084
7 years$172,172$160,614$149,806$139,709$130,280$117,719
8 years$149,130$137,676$127,048$117,198$108,080$96,065
9 years$131,217$119,871$109,426$99,827$91,019$79,545
10 years$116,896$105,661$95,400$86,052$77,553$66,613
11 years$105,186$94,064$83,989$74,891$66,698$56,282
12 years$95,434$84,426$74,538$65,689$57,799$47,896
13 years$87,190$76,297$66,595$57,994$50,402$40,999
14 years$80,129$69,352$59,836$51,480$44,182$35,265
15 years$74,015$63,354$54,024$45,911$38,901$30,457
16 years$68,671$58,126$48,980$41,109$34,381$26,394
17 years$63,960$53,532$44,570$36,936$30,485$22,939
18 years$59,778$49,466$40,687$33,287$27,106$19,985
19 years$56,040$45,845$37,247$30,077$24,160$17,449
20 years$52,680$42,601$34,183$27,241$21,580$15,262
21 years$49,644$39,681$31,442$24,723$19,312$13,370
22 years$46,887$37,041$28,979$22,479$17,310$11,729
23 years$44,374$34,644$26,757$20,472$15,539$10,301
24 years$42,074$32,459$24,745$18,671$13,966$9,056
25 years$39,961$30,461$22,919$17,052$12,568$7,969
26 years$38,014$28,628$21,256$15,591$11,320$7,018
27 years$36,214$26,943$19,738$14,271$10,206$6,185
28 years$34,546$25,388$18,349$13,075$9,209$5,454
29 years$32,996$23,951$17,076$11,990$8,316$4,811
30 years$31,551$22,619$15,905$11,004$7,514$4,247
31 years$30,203$21,382$14,828$10,106$6,793$3,750
32 years$28,941$20,232$13,835$9,288$6,145$3,313
33 years$27,758$19,160$12,918$8,541$5,561$2,927
34 years$26,647$18,159$12,070$7,859$5,035$2,587
35 years$25,602$17,224$11,284$7,234$4,560$2,287
36 years$24,618$16,348$10,556$6,663$4,132$2,022
37 years$23,688$15,527$9,880$6,139$3,745$1,789
38 years$22,810$14,756$9,252$5,658$3,395$1,582
39 years$21,979$14,031$8,669$5,217$3,079$1,400
40 years$21,191$13,350$8,125$4,812$2,793$1,239
41 years$20,444$12,708$7,619$4,440$2,534$1,096
42 years$19,734$12,102$7,147$4,097$2,299$970
43 years$19,059$11,531$6,706$3,782$2,086$859
44 years$18,416$10,992$6,295$3,492$1,894$760
45 years$17,804$10,482$5,911$3,225$1,719$673
46 years$17,220$9,999$5,551$2,979$1,561$596
47 years$16,663$9,542$5,216$2,752$1,417$527
48 years$16,130$9,109$4,901$2,543$1,287$467
49 years$15,621$8,699$4,607$2,351$1,169$413
50 years$15,133$8,309$4,331$2,173$1,062$366

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 $5,519 every year, while hoping to spend $41,422 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: 61/23/16 Blend
44$15,500,000$15,500,000$15,500,000$15,500,000
45$17,086,693$16,265,193$16,024,943$18,059,755
46$18,785,463$17,018,115$16,517,706$19,468,767
47$20,656,119$17,806,541$17,025,588$21,000,576
48$22,716,150$18,632,169$17,549,052$22,671,243
49$24,984,827$19,496,775$18,088,575$24,494,228
50$27,483,386$20,402,223$18,644,649$26,484,339
51$30,235,226$21,350,467$19,217,779$28,657,861
52$33,266,132$22,343,553$19,808,488$31,032,706
53$36,604,519$23,383,628$20,417,314$33,628,582
54$40,281,696$24,472,942$21,044,810$36,467,172
55$44,332,166$25,613,853$21,691,548$39,572,332
56$48,793,949$26,808,834$22,358,117$42,970,313
57$53,708,940$28,060,475$23,045,122$46,690,004
58$59,123,308$29,371,495$23,753,190$50,763,200
59$65,087,927$30,744,740$24,482,963$55,224,894
60$71,658,860$32,183,196$25,235,106$60,113,600
61$78,897,885$33,689,993$26,010,303$65,471,718
62$86,873,079$35,268,413$26,809,259$71,345,918
63$95,659,463$36,921,895$27,632,699$77,787,581
64$105,339,706$38,654,046$28,481,372$84,853,272
65$116,004,908$40,468,646$29,356,050$92,605,270
66$127,755,458$42,369,659$30,257,526$101,112,148
67$140,701,982$44,361,239$31,186,621$110,449,407
68$154,966,389$46,447,745$32,144,178$120,700,190
69$170,683,018$48,633,743$33,131,066$131,956,047
70$187,999,911$50,924,021$34,148,181$144,317,798
71$207,080,205$53,323,601$35,196,448$157,896,471
72$228,103,674$55,837,745$36,276,817$172,814,342
73$251,268,427$58,471,973$37,390,269$189,206,079
74$276,792,778$61,232,071$38,537,815$207,219,998
75$304,917,304$64,124,106$39,720,494$227,019,457
76$335,907,120$67,154,437$40,939,381$248,784,383
77$370,054,376$70,329,735$42,195,580$272,712,958
78$407,681,022$73,656,991$43,490,232$299,023,478
79$449,141,839$77,143,537$44,824,508$327,956,400
80$494,827,798$80,797,061$46,199,619$359,776,593
81$545,169,738$84,625,622$47,616,812$394,775,831
82$600,642,446$88,637,672$49,077,370$433,275,524
83$661,769,131$92,842,073$50,582,617$475,629,741
84$729,126,363$97,248,116$52,133,915$522,228,534
85$803,349,522$101,865,543$53,732,671$573,501,598
86$885,138,789$106,704,571$55,380,332$629,922,316
87$975,265,762$111,775,911$57,078,389$692,012,201
88$1,074,580,734$117,090,795$58,828,380$760,345,803
89$1,184,020,727$122,661,002$60,631,888$835,556,109
90$1,304,618,330$128,498,881$62,490,546$918,340,498
91$1,437,511,455$134,617,381$64,406,035$1,009,467,299
92$1,583,954,074$141,030,083$66,380,087$1,109,783,020
93$1,745,328,057$147,751,225$68,414,488$1,220,220,313
94$1,923,156,224$154,795,739$70,511,078$1,341,806,756
95$2,119,116,711$162,179,283$72,671,751$1,475,674,516
96$2,335,058,822$169,918,275$74,898,462$1,623,071,018
97$2,573,020,484$178,029,932$77,193,222$1,785,370,683
98$2,835,247,483$186,532,308$79,558,104$1,964,087,874
99$3,124,214,671$195,444,337$81,995,246$2,160,891,157
100$3,442,649,329$204,785,871$84,506,849$2,377,619,020