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%15.4%
1 years$1,296,491$1,284,943$1,273,676$1,262,678$1,251,940$1,224,162
2 years$641,827$629,874$618,289$607,057$596,162$568,320
3 years$423,635$411,630$400,074$388,947$378,230$351,194
4 years$314,560$302,591$291,151$280,215$269,757$243,735
5 years$249,132$237,235$225,945$215,232$205,065$180,130
6 years$205,527$193,720$182,598$172,122$162,261$138,440
7 years$174,394$162,686$151,739$141,511$131,961$109,258
8 years$151,054$139,452$128,687$118,710$109,475$87,881
9 years$132,910$121,418$110,838$101,115$92,194$71,693
10 years$118,404$107,024$96,631$87,162$78,553$59,125
11 years$106,543$95,277$85,073$75,857$67,559$49,177
12 years$96,666$85,516$75,500$66,537$58,545$41,181
13 years$88,315$77,281$67,454$58,742$51,052$34,674
14 years$81,163$70,247$60,608$52,145$44,752$29,327
15 years$74,970$64,171$54,721$46,504$39,403$24,897
16 years$69,557$58,876$49,612$41,639$34,825$21,201
17 years$64,785$54,223$45,145$37,412$30,878$18,100
18 years$60,549$50,104$41,212$33,716$27,455$15,486
19 years$56,763$46,436$37,727$30,465$24,472$13,274
20 years$53,359$43,151$34,624$27,592$21,858$11,395
21 years$50,284$40,193$31,848$25,042$19,561$9,796
22 years$47,492$37,519$29,353$22,769$17,533$8,430
23 years$44,947$35,091$27,102$20,736$15,739$7,262
24 years$42,617$32,878$25,065$18,912$14,147$6,260
25 years$40,477$30,854$23,215$17,272$12,730$5,401
26 years$38,505$28,998$21,531$15,792$11,467$4,662
27 years$36,682$27,290$19,993$14,455$10,338$4,027
28 years$34,992$25,716$18,586$13,244$9,328$3,480
29 years$33,421$24,260$17,296$12,145$8,423$3,008
30 years$31,958$22,911$16,111$11,146$7,611$2,601
31 years$30,592$21,658$15,019$10,237$6,881$2,250
32 years$29,314$20,493$14,013$9,408$6,224$1,946
33 years$28,116$19,407$13,084$8,651$5,633$1,684
34 years$26,991$18,394$12,225$7,960$5,100$1,458
35 years$25,933$17,446$11,430$7,328$4,619$1,262
36 years$24,935$16,559$10,692$6,749$4,185$1,093
37 years$23,994$15,727$10,008$6,218$3,793$946
38 years$23,104$14,946$9,372$5,731$3,439$819
39 years$22,262$14,213$8,780$5,284$3,119$710
40 years$21,464$13,522$8,230$4,874$2,829$615
41 years$20,707$12,872$7,717$4,497$2,566$532
42 years$19,988$12,259$7,239$4,150$2,329$461
43 years$19,305$11,680$6,793$3,831$2,113$399
44 years$18,654$11,133$6,376$3,537$1,918$346
45 years$18,034$10,617$5,987$3,267$1,741$300
46 years$17,442$10,128$5,623$3,018$1,581$260
47 years$16,878$9,665$5,283$2,788$1,436$225
48 years$16,338$9,227$4,964$2,576$1,304$195
49 years$15,822$8,811$4,666$2,381$1,184$169
50 years$15,329$8,417$4,387$2,201$1,076$146

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 $5,044 every year, while hoping to spend $42,833 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: 43/29/28 Blend
44$15,700,000$15,700,000$15,700,000$15,700,000
45$17,306,603$16,474,503$16,231,153$17,909,235
46$19,026,302$17,236,180$16,729,323$19,103,427
47$20,919,976$18,033,743$17,242,745$20,392,061
48$23,005,323$18,868,906$17,771,887$21,787,511
49$25,301,848$19,743,464$18,317,227$23,299,706
50$27,831,043$20,659,301$18,879,261$24,939,544
51$30,616,591$21,618,388$19,458,498$26,718,997
52$33,684,588$22,622,794$20,055,462$28,651,212
53$37,063,792$23,674,687$20,670,696$30,750,630
54$40,785,891$24,776,339$21,304,757$33,033,122
55$44,885,804$25,930,132$21,958,219$35,516,126
56$49,402,011$27,138,563$22,631,673$38,218,804
57$54,376,913$28,404,249$23,325,731$41,162,225
58$59,857,236$29,729,935$24,041,021$44,369,544
59$65,894,469$31,118,497$24,778,190$47,866,224
60$72,545,351$32,572,950$25,537,906$51,680,262
61$79,872,407$34,096,454$26,320,856$55,842,445
62$87,944,537$35,692,325$27,127,749$60,386,638
63$96,837,666$37,364,035$27,959,315$65,350,084
64$106,635,462$39,115,227$28,816,306$70,773,758
65$117,430,125$40,949,719$29,699,498$76,702,735
66$129,323,255$42,871,512$30,609,689$83,186,608
67$142,426,815$44,884,804$31,547,701$90,279,947
68$156,864,185$46,993,994$32,514,384$98,042,800
69$172,771,326$49,203,694$33,510,610$106,541,250
70$190,298,066$51,518,740$34,537,280$115,848,026
71$209,609,511$53,944,201$35,595,322$126,043,177
72$230,887,607$56,485,393$36,685,691$137,214,813
73$254,332,853$59,147,887$37,809,371$149,459,922
74$280,166,198$61,937,527$38,967,379$162,885,275
75$308,631,122$64,860,438$40,160,759$177,608,414
76$339,995,941$67,923,043$41,390,588$193,758,748
77$374,556,330$71,132,076$42,657,976$211,478,756
78$412,638,125$74,494,597$43,964,067$230,925,318
79$454,600,389$78,018,008$45,310,039$252,271,172
80$500,838,810$81,710,071$46,697,107$275,706,532
81$551,789,429$85,578,925$48,126,520$301,440,858
82$607,932,760$89,633,102$49,599,568$329,704,815
83$669,798,327$93,881,549$51,117,578$360,752,430
84$737,969,659$98,333,648$52,681,920$394,863,464
85$813,089,801$102,999,234$54,294,001$432,346,032
86$895,867,386$107,888,621$55,955,276$473,539,483
87$987,083,322$113,012,626$57,667,239$518,817,583
88$1,087,598,162$118,382,586$59,431,434$568,592,009
89$1,198,360,235$124,010,394$61,249,447$623,316,213
90$1,320,414,592$129,908,516$63,122,917$683,489,670
91$1,454,912,875$136,090,027$65,053,528$749,662,563
92$1,603,124,185$142,568,636$67,043,019$822,440,942
93$1,766,447,071$149,358,718$69,093,179$902,492,414
94$1,946,422,724$156,475,347$71,205,853$990,552,408
95$2,144,749,533$163,934,329$73,382,939$1,087,431,081
96$2,363,299,113$171,752,240$75,626,396$1,194,020,926
97$2,604,133,983$179,946,460$77,938,240$1,311,305,159
98$2,869,527,028$188,535,215$80,320,550$1,440,366,956
99$3,161,982,962$197,537,617$82,775,465$1,582,399,635
100$3,484,261,972$206,973,709$85,305,192$1,738,717,874