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

Use the below retirement simulation to view the chances of a successful retirement.
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%15.2%
1 years$1,279,976$1,268,574$1,257,451$1,246,593$1,235,992$1,209,553
2 years$633,651$621,850$610,413$599,324$588,568$562,060
3 years$418,238$406,386$394,978$383,993$373,411$347,662
4 years$310,552$298,737$287,443$276,645$266,320$241,528
5 years$245,958$234,213$223,067$212,490$202,452$178,687
6 years$202,909$191,253$180,271$169,930$160,194$137,480
7 years$172,172$160,614$149,806$139,709$130,280$108,623
8 years$149,130$137,676$127,048$117,198$108,080$87,472
9 years$131,217$119,871$109,426$99,827$91,019$71,445
10 years$116,896$105,661$95,400$86,052$77,553$58,994
11 years$105,186$94,064$83,989$74,891$66,698$49,130
12 years$95,434$84,426$74,538$65,689$57,799$41,195
13 years$87,190$76,297$66,595$57,994$50,402$34,733
14 years$80,129$69,352$59,836$51,480$44,182$29,417
15 years$74,015$63,354$54,024$45,911$38,901$25,007
16 years$68,671$58,126$48,980$41,109$34,381$21,325
17 years$63,960$53,532$44,570$36,936$30,485$18,232
18 years$59,778$49,466$40,687$33,287$27,106$15,622
19 years$56,040$45,845$37,247$30,077$24,160$13,411
20 years$52,680$42,601$34,183$27,241$21,580$11,530
21 years$49,644$39,681$31,442$24,723$19,312$9,927
22 years$46,887$37,041$28,979$22,479$17,310$8,556
23 years$44,374$34,644$26,757$20,472$15,539$7,382
24 years$42,074$32,459$24,745$18,671$13,966$6,374
25 years$39,961$30,461$22,919$17,052$12,568$5,508
26 years$38,014$28,628$21,256$15,591$11,320$4,762
27 years$36,214$26,943$19,738$14,271$10,206$4,120
28 years$34,546$25,388$18,349$13,075$9,209$3,566
29 years$32,996$23,951$17,076$11,990$8,316$3,087
30 years$31,551$22,619$15,905$11,004$7,514$2,674
31 years$30,203$21,382$14,828$10,106$6,793$2,317
32 years$28,941$20,232$13,835$9,288$6,145$2,008
33 years$27,758$19,160$12,918$8,541$5,561$1,740
34 years$26,647$18,159$12,070$7,859$5,035$1,509
35 years$25,602$17,224$11,284$7,234$4,560$1,308
36 years$24,618$16,348$10,556$6,663$4,132$1,135
37 years$23,688$15,527$9,880$6,139$3,745$984
38 years$22,810$14,756$9,252$5,658$3,395$854
39 years$21,979$14,031$8,669$5,217$3,079$741
40 years$21,191$13,350$8,125$4,812$2,793$643
41 years$20,444$12,708$7,619$4,440$2,534$557
42 years$19,734$12,102$7,147$4,097$2,299$484
43 years$19,059$11,531$6,706$3,782$2,086$420
44 years$18,416$10,992$6,295$3,492$1,894$364
45 years$17,804$10,482$5,911$3,225$1,719$316
46 years$17,220$9,999$5,551$2,979$1,561$274
47 years$16,663$9,542$5,216$2,752$1,417$238
48 years$16,130$9,109$4,901$2,543$1,287$207
49 years$15,621$8,699$4,607$2,351$1,169$179
50 years$15,133$8,309$4,331$2,173$1,062$156

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 $5,249 every year, while hoping to spend $53,730 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: 57/26/17 Blend
44$15,500,000$15,500,000$15,500,000$15,500,000
45$17,086,414$16,264,914$16,024,664$17,983,792
46$18,772,060$17,004,727$16,504,322$19,333,456
47$20,627,841$17,778,989$16,998,248$20,797,237
48$22,671,055$18,589,333$17,506,863$22,391,177
49$24,920,759$19,437,468$18,030,600$24,127,792
50$27,397,958$20,325,185$18,569,906$26,020,840
51$30,125,792$21,254,361$19,125,240$28,085,450
52$33,129,762$22,226,964$19,697,075$30,338,261
53$36,437,968$23,245,056$20,285,897$32,797,572
54$40,081,374$24,310,796$20,892,208$35,483,507
55$44,094,099$25,426,450$21,516,522$38,418,210
56$48,513,741$26,594,391$22,159,370$41,626,035
57$53,381,731$27,817,105$22,821,297$45,133,783
58$58,743,724$29,097,198$23,502,866$48,970,940
59$64,650,027$30,437,404$24,204,655$53,169,954
60$71,156,077$31,840,585$24,927,259$57,766,532
61$78,322,965$33,309,742$25,671,291$62,799,975
62$86,218,008$34,848,020$26,437,379$68,313,534
63$94,915,388$36,458,715$27,226,174$74,354,821
64$104,496,849$38,145,284$28,038,343$80,976,243
65$115,052,473$39,911,348$28,874,572$88,235,490
66$126,681,523$41,760,702$29,735,569$96,196,077
67$139,493,388$43,697,326$30,622,060$104,927,925
68$153,608,610$45,725,391$31,534,795$114,508,022
69$169,160,021$47,849,269$32,474,544$125,021,134
70$186,294,001$50,073,541$33,442,099$136,560,596
71$205,171,857$52,403,012$34,438,277$149,229,186
72$225,971,343$54,842,716$35,463,916$163,140,080
73$248,888,344$57,397,933$36,519,881$178,417,911
74$274,138,719$60,074,195$37,607,060$195,199,936
75$301,960,340$62,877,303$38,726,369$213,637,314
76$332,615,340$65,813,336$39,878,747$233,896,525
77$366,392,584$68,888,669$41,065,165$256,160,927
78$403,610,397$72,109,983$42,286,617$280,632,469
79$444,619,568$75,484,283$43,544,130$307,533,587
80$489,806,664$79,018,913$44,838,758$337,109,288
81$539,597,674$82,721,570$46,171,587$369,629,443
82$594,462,036$86,600,326$47,543,734$405,391,322
83$654,917,062$90,663,640$48,956,347$444,722,381
84$721,532,828$94,920,384$50,410,611$487,983,334
85$794,937,550$99,379,856$51,907,740$535,571,539
86$875,823,517$104,051,807$53,448,986$587,924,730
87$964,953,627$108,946,456$55,035,638$645,525,127
88$1,063,168,585$114,074,521$56,669,021$708,903,968
89$1,171,394,845$119,447,236$58,350,497$778,646,499
90$1,290,653,349$125,076,381$60,081,468$855,397,476
91$1,422,069,172$130,974,305$61,863,379$939,867,223
92$1,566,882,138$137,153,957$63,697,713$1,032,838,318
93$1,726,458,527$143,628,911$65,585,997$1,135,172,946
94$1,902,303,972$150,413,403$67,529,803$1,247,821,015
95$2,096,077,672$157,522,355$69,530,746$1,371,829,090
96$2,309,608,058$164,971,414$71,590,490$1,508,350,240
97$2,544,910,054$172,776,987$73,710,745$1,658,654,896
98$2,804,204,095$180,956,275$75,893,271$1,824,142,803
99$3,089,937,095$189,527,314$78,139,877$2,006,356,204
100$3,404,805,542$198,509,016$80,452,427$2,206,994,357