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%19.7%
1 years$1,296,491$1,284,943$1,273,676$1,262,678$1,251,940$1,203,218
2 years$641,827$629,874$618,289$607,057$596,162$547,664
3 years$423,635$411,630$400,074$388,947$378,230$331,482
4 years$314,560$302,591$291,151$280,215$269,757$225,116
5 years$249,132$237,235$225,945$215,232$205,065$162,645
6 years$205,527$193,720$182,598$172,122$162,261$122,090
7 years$174,394$162,686$151,739$141,511$131,961$94,026
8 years$151,054$139,452$128,687$118,710$109,475$73,737
9 years$132,910$121,418$110,838$101,115$92,194$58,602
10 years$118,404$107,024$96,631$87,162$78,553$47,043
11 years$106,543$95,277$85,073$75,857$67,559$38,058
12 years$96,666$85,516$75,500$66,537$58,545$30,976
13 years$88,315$77,281$67,454$58,742$51,052$25,333
14 years$81,163$70,247$60,608$52,145$44,752$20,798
15 years$74,970$64,171$54,721$46,504$39,403$17,128
16 years$69,557$58,876$49,612$41,639$34,825$14,141
17 years$64,785$54,223$45,145$37,412$30,878$11,699
18 years$60,549$50,104$41,212$33,716$27,455$9,694
19 years$56,763$46,436$37,727$30,465$24,472$8,045
20 years$53,359$43,151$34,624$27,592$21,858$6,683
21 years$50,284$40,193$31,848$25,042$19,561$5,558
22 years$47,492$37,519$29,353$22,769$17,533$4,625
23 years$44,947$35,091$27,102$20,736$15,739$3,852
24 years$42,617$32,878$25,065$18,912$14,147$3,209
25 years$40,477$30,854$23,215$17,272$12,730$2,675
26 years$38,505$28,998$21,531$15,792$11,467$2,231
27 years$36,682$27,290$19,993$14,455$10,338$1,861
28 years$34,992$25,716$18,586$13,244$9,328$1,552
29 years$33,421$24,260$17,296$12,145$8,423$1,296
30 years$31,958$22,911$16,111$11,146$7,611$1,081
31 years$30,592$21,658$15,019$10,237$6,881$903
32 years$29,314$20,493$14,013$9,408$6,224$754
33 years$28,116$19,407$13,084$8,651$5,633$629
34 years$26,991$18,394$12,225$7,960$5,100$525
35 years$25,933$17,446$11,430$7,328$4,619$439
36 years$24,935$16,559$10,692$6,749$4,185$367
37 years$23,994$15,727$10,008$6,218$3,793$306
38 years$23,104$14,946$9,372$5,731$3,439$256
39 years$22,262$14,213$8,780$5,284$3,119$214
40 years$21,464$13,522$8,230$4,874$2,829$178
41 years$20,707$12,872$7,717$4,497$2,566$149
42 years$19,988$12,259$7,239$4,150$2,329$124
43 years$19,305$11,680$6,793$3,831$2,113$104
44 years$18,654$11,133$6,376$3,537$1,918$87
45 years$18,034$10,617$5,987$3,267$1,741$73
46 years$17,442$10,128$5,623$3,018$1,581$61
47 years$16,878$9,665$5,283$2,788$1,436$51
48 years$16,338$9,227$4,964$2,576$1,304$42
49 years$15,822$8,811$4,666$2,381$1,184$35
50 years$15,329$8,417$4,387$2,201$1,076$30

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 $6,126 every year, while hoping to spend $57,279 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: 47/25/28 Blend
44$15,700,000$15,700,000$15,700,000$15,700,000
45$17,307,719$16,475,619$16,232,269$17,981,945
46$19,012,162$17,221,980$16,715,106$19,204,881
47$20,888,538$18,002,993$17,212,197$20,525,533
48$22,954,325$18,820,295$17,723,962$21,958,057
49$25,228,779$19,675,602$18,250,827$23,512,998
50$27,733,120$20,570,713$18,793,236$25,201,949
51$30,490,731$21,507,511$19,351,642$27,037,644
52$33,527,377$22,487,970$19,926,513$29,034,081
53$36,871,448$23,514,159$20,518,330$31,206,648
54$40,554,229$24,588,246$21,127,588$33,572,260
55$44,610,194$25,712,503$21,754,795$36,149,515
56$49,077,329$26,889,311$22,400,476$38,958,865
57$53,997,494$28,121,165$23,065,169$42,022,800
58$59,416,815$29,410,679$23,749,429$45,366,057
59$65,386,122$30,760,594$24,453,827$49,015,848
60$71,961,425$32,173,782$25,178,949$53,002,104
61$79,204,446$33,653,252$25,925,399$57,357,759
62$87,183,197$35,202,160$26,693,798$62,119,047
63$95,972,629$36,823,811$27,484,785$67,325,838
64$105,655,329$38,521,670$28,299,018$73,022,009
65$116,322,310$40,299,369$29,137,173$79,255,845
66$128,073,863$42,160,715$29,999,945$86,080,492
67$141,020,504$44,109,698$30,888,050$93,554,444
68$155,284,021$46,150,498$31,802,225$101,742,090
69$170,998,618$48,287,499$32,743,227$110,714,308
70$188,312,186$50,525,296$33,711,834$120,549,128
71$207,387,697$52,868,704$34,708,848$131,332,454
72$228,404,742$55,322,770$35,735,094$143,158,866
73$251,561,225$57,892,785$36,791,420$156,132,500
74$277,075,235$60,584,296$37,878,697$170,368,020
75$305,187,098$63,403,116$38,997,823$185,991,685
76$336,161,653$66,355,340$40,149,721$203,142,531
77$370,290,745$69,447,355$41,335,340$221,973,667
78$407,895,983$72,685,857$42,555,656$242,653,705
79$449,331,776$76,077,867$43,811,673$265,368,341
80$494,988,677$79,630,743$45,104,424$290,322,087
81$545,297,072$83,352,199$46,434,973$317,740,186
82$600,731,240$87,250,323$47,804,410$347,870,725
83$661,813,829$91,333,591$49,213,860$380,986,953
84$729,120,794$95,610,892$50,664,479$417,389,845
85$803,286,831$100,091,541$52,157,455$457,410,924
86$885,011,369$104,785,308$53,694,011$501,415,368
87$975,065,172$109,702,432$55,275,404$549,805,436
88$1,074,297,616$114,853,648$56,902,927$603,024,244
89$1,183,644,708$120,250,211$58,577,910$661,559,923
90$1,304,137,918$125,903,921$60,301,719$725,950,204
91$1,436,913,921$131,827,149$62,075,762$796,787,469
92$1,583,225,325$138,032,863$63,901,485$874,724,313
93$1,744,452,497$144,534,662$65,780,373$960,479,680
94$1,922,116,593$151,346,803$67,713,958$1,054,845,621
95$2,117,893,921$158,484,231$69,703,811$1,158,694,736
96$2,333,631,762$165,962,619$71,751,549$1,272,988,385
97$2,571,365,810$173,798,397$73,858,835$1,398,785,727
98$2,833,339,396$182,008,791$76,027,379$1,537,253,684
99$3,122,024,657$190,611,864$78,258,938$1,689,677,923
100$3,440,145,881$199,626,554$80,555,321$1,857,474,951