Can I retire at age 45 with 15,700,000?

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 $15,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$1,296,491$1,284,943$1,273,676$1,262,678$1,251,940$1,220,684
2 years$641,827$629,874$618,289$607,057$596,162$564,870
3 years$423,635$411,630$400,074$388,947$378,230$347,880
4 years$314,560$302,591$291,151$280,215$269,757$240,583
5 years$249,132$237,235$225,945$215,232$205,065$177,148
6 years$205,527$193,720$182,598$172,122$162,261$135,629
7 years$174,394$162,686$151,739$141,511$131,961$106,618
8 years$151,054$139,452$128,687$118,710$109,475$85,407
9 years$132,910$121,418$110,838$101,115$92,194$69,382
10 years$118,404$107,024$96,631$87,162$78,553$56,972
11 years$106,543$95,277$85,073$75,857$67,559$47,175
12 years$96,666$85,516$75,500$66,537$58,545$39,324
13 years$88,315$77,281$67,454$58,742$51,052$32,956
14 years$81,163$70,247$60,608$52,145$44,752$27,741
15 years$74,970$64,171$54,721$46,504$39,403$23,435
16 years$69,557$58,876$49,612$41,639$34,825$19,857
17 years$64,785$54,223$45,145$37,412$30,878$16,867
18 years$60,549$50,104$41,212$33,716$27,455$14,357
19 years$56,763$46,436$37,727$30,465$24,472$12,242
20 years$53,359$43,151$34,624$27,592$21,858$10,454
21 years$50,284$40,193$31,848$25,042$19,561$8,939
22 years$47,492$37,519$29,353$22,769$17,533$7,651
23 years$44,947$35,091$27,102$20,736$15,739$6,554
24 years$42,617$32,878$25,065$18,912$14,147$5,620
25 years$40,477$30,854$23,215$17,272$12,730$4,821
26 years$38,505$28,998$21,531$15,792$11,467$4,138
27 years$36,682$27,290$19,993$14,455$10,338$3,554
28 years$34,992$25,716$18,586$13,244$9,328$3,054
29 years$33,421$24,260$17,296$12,145$8,423$2,625
30 years$31,958$22,911$16,111$11,146$7,611$2,256
31 years$30,592$21,658$15,019$10,237$6,881$1,940
32 years$29,314$20,493$14,013$9,408$6,224$1,669
33 years$28,116$19,407$13,084$8,651$5,633$1,436
34 years$26,991$18,394$12,225$7,960$5,100$1,236
35 years$25,933$17,446$11,430$7,328$4,619$1,063
36 years$24,935$16,559$10,692$6,749$4,185$915
37 years$23,994$15,727$10,008$6,218$3,793$788
38 years$23,104$14,946$9,372$5,731$3,439$678
39 years$22,262$14,213$8,780$5,284$3,119$584
40 years$21,464$13,522$8,230$4,874$2,829$503
41 years$20,707$12,872$7,717$4,497$2,566$433
42 years$19,988$12,259$7,239$4,150$2,329$373
43 years$19,305$11,680$6,793$3,831$2,113$321
44 years$18,654$11,133$6,376$3,537$1,918$276
45 years$18,034$10,617$5,987$3,267$1,741$238
46 years$17,442$10,128$5,623$3,018$1,581$205
47 years$16,878$9,665$5,283$2,788$1,436$176
48 years$16,338$9,227$4,964$2,576$1,304$152
49 years$15,822$8,811$4,666$2,381$1,184$131
50 years$15,329$8,417$4,387$2,201$1,076$113

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $15,700,000, adding $4,209 every year, while hoping to spend $30,052 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: 45/31/24 Blend
44$15,700,000$15,700,000$15,700,000$15,700,000
45$17,305,742$16,473,642$16,230,292$17,964,442
46$19,038,952$17,248,875$16,742,031$19,205,482
47$20,947,943$18,061,087$17,269,907$20,547,278
48$23,050,612$18,912,060$17,814,428$22,001,854
49$25,366,681$19,803,658$18,376,118$23,579,727
50$27,917,884$20,737,838$18,955,520$25,292,446
51$30,728,170$21,716,654$19,553,191$27,152,693
52$33,823,929$22,742,255$20,169,708$29,174,397
53$37,234,241$23,816,898$20,805,665$31,372,861
54$40,991,155$24,942,946$21,461,676$33,764,897
55$45,129,982$26,122,880$22,138,372$36,368,981
56$49,689,639$27,359,300$22,836,405$39,205,419
57$54,713,007$28,654,930$23,556,450$42,296,528
58$60,247,341$30,012,630$24,299,199$45,666,844
59$66,344,717$31,435,395$25,065,369$49,343,343
60$73,062,517$32,926,369$25,855,698$53,355,688
61$80,463,978$34,488,846$26,670,948$57,736,496
62$88,618,785$36,126,280$27,511,905$62,521,644
63$97,603,727$37,842,294$28,379,381$67,750,590
64$107,503,427$39,640,686$29,274,210$73,466,742
65$118,411,136$41,525,439$30,197,255$79,717,852
66$130,429,616$43,500,729$31,149,407$86,556,458
67$143,672,108$45,570,936$32,131,583$94,040,369
68$158,263,402$47,740,651$33,144,730$102,233,196
69$174,341,015$50,014,690$34,189,825$111,204,942
70$192,056,490$52,398,100$35,267,875$121,032,648
71$211,576,823$54,896,178$36,379,920$131,801,109
72$233,086,042$57,514,474$37,527,031$143,603,656
73$256,786,946$60,258,811$38,710,314$156,543,023
74$282,903,016$63,135,294$39,930,911$170,732,302
75$311,680,524$66,150,324$41,189,997$186,295,996
76$343,390,862$69,310,614$42,488,786$203,371,170
77$378,333,101$72,623,205$43,828,531$222,108,735
78$416,836,813$76,095,479$45,210,524$242,674,846
79$459,265,187$79,735,176$46,636,095$265,252,457
80$506,018,453$83,550,416$48,106,621$290,043,022
81$557,537,660$87,549,712$49,623,518$317,268,379
82$614,308,844$91,741,990$51,188,248$347,172,818
83$676,867,613$96,136,615$52,802,321$380,025,366
84$745,804,203$100,743,402$54,467,293$416,122,301
85$821,769,052$105,572,649$56,184,767$455,789,922
86$905,478,940$110,635,153$57,956,401$499,387,600
87$997,723,753$115,942,238$59,783,903$547,311,148
88$1,099,373,946$121,505,777$61,669,033$599,996,522
89$1,211,388,752$127,338,224$63,613,610$657,923,907
90$1,334,825,247$133,452,639$65,619,508$721,622,219
91$1,470,848,322$139,862,719$67,688,661$791,674,061
92$1,620,741,684$146,582,825$69,823,064$868,721,189
93$1,785,919,974$153,628,021$72,024,775$953,470,533
94$1,967,942,123$161,014,106$74,295,916$1,046,700,830
95$2,168,526,068$168,757,645$76,638,678$1,149,269,937
96$2,389,564,971$176,876,014$79,055,318$1,262,122,883
97$2,633,145,094$185,387,435$81,548,167$1,386,300,749
98$2,901,565,490$194,311,016$84,119,628$1,522,950,447
99$3,197,359,715$203,666,800$86,772,180$1,673,335,499
100$3,523,319,738$213,475,806$89,508,380$1,838,847,913