Can I retire at age 45 with 15,900,000?

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 $15,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$1,313,007$1,301,312$1,289,901$1,278,763$1,267,888$1,258,316
2 years$650,004$637,898$626,165$614,790$603,756$594,106
3 years$429,031$416,873$405,171$393,902$383,048$373,618
4 years$318,567$306,446$294,860$283,784$273,193$264,056
5 years$252,305$240,257$228,824$217,973$207,677$198,860
6 years$208,146$196,188$184,924$174,315$164,328$155,842
7 years$176,615$164,759$153,672$143,314$133,642$125,492
8 years$152,978$141,229$130,326$120,223$110,869$103,054
9 years$134,604$122,965$112,250$102,403$93,368$85,886
10 years$119,912$108,387$97,862$88,272$79,554$72,401
11 years$107,900$96,491$86,156$76,823$68,419$61,589
12 years$97,897$86,605$76,461$67,384$59,291$52,778
13 years$89,440$78,266$68,313$59,490$51,703$45,501
14 years$82,197$71,141$61,380$52,809$45,322$39,423
15 years$75,925$64,989$55,418$47,096$39,905$34,301
16 years$70,443$59,626$50,244$42,170$35,268$29,950
17 years$65,611$54,913$45,720$37,889$31,271$26,231
18 years$61,320$50,742$41,737$34,146$27,805$23,033
19 years$57,486$47,028$38,208$30,854$24,783$20,270
20 years$54,039$43,700$35,065$27,944$22,137$17,873
21 years$50,925$40,705$32,253$25,361$19,810$15,786
22 years$48,097$37,997$29,726$23,059$17,757$13,963
23 years$45,519$35,538$27,447$21,000$15,940$12,367
24 years$43,160$33,296$25,384$19,153$14,327$10,965
25 years$40,993$31,247$23,511$17,492$12,892$9,732
26 years$38,995$29,367$21,805$15,994$11,613$8,645
27 years$37,149$27,638$20,248$14,639$10,470$7,685
28 years$35,438$26,043$18,823$13,413$9,447$6,837
29 years$33,847$24,569$17,516$12,300$8,530$6,086
30 years$32,366$23,203$16,316$11,288$7,708$5,420
31 years$30,982$21,934$15,211$10,367$6,969$4,829
32 years$29,688$20,754$14,192$9,528$6,304$4,305
33 years$28,475$19,654$13,251$8,762$5,705$3,839
34 years$27,335$18,628$12,381$8,061$5,165$3,424
35 years$26,263$17,668$11,575$7,421$4,678$3,055
36 years$25,253$16,770$10,829$6,835$4,239$2,727
37 years$24,300$15,927$10,135$6,297$3,842$2,434
38 years$23,399$15,137$9,491$5,804$3,483$2,174
39 years$22,546$14,394$8,892$5,352$3,158$1,941
40 years$21,738$13,694$8,335$4,936$2,865$1,734
41 years$20,971$13,036$7,815$4,554$2,599$1,549
42 years$20,243$12,415$7,331$4,203$2,358$1,384
43 years$19,551$11,829$6,879$3,880$2,140$1,237
44 years$18,891$11,275$6,457$3,582$1,943$1,105
45 years$18,263$10,752$6,063$3,309$1,764$988
46 years$17,664$10,257$5,695$3,056$1,601$883
47 years$17,093$9,788$5,350$2,823$1,454$789
48 years$16,546$9,344$5,028$2,609$1,320$706
49 years$16,024$8,923$4,726$2,411$1,199$631
50 years$15,524$8,524$4,443$2,229$1,089$564

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $15,900,000, adding $5,913 every year, while hoping to spend $37,294 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: 37/48/15 Blend
44$15,900,000$15,900,000$15,900,000$15,900,000
45$17,527,899$16,685,199$16,438,749$18,096,170
46$19,276,064$17,463,093$16,949,767$19,282,907
47$21,201,293$18,277,855$17,476,654$20,559,912
48$23,321,605$19,131,250$18,019,902$21,938,452
49$25,656,859$20,025,131$18,580,019$23,427,636
50$28,228,937$20,961,441$19,157,528$25,037,445
51$31,061,952$21,942,215$19,752,968$26,778,820
52$34,182,475$22,969,588$20,366,897$28,663,755
53$37,619,785$24,045,796$20,999,886$30,705,406
54$41,406,149$25,173,185$21,652,528$32,918,199
55$45,577,119$26,354,214$22,325,431$35,317,966
56$50,171,876$27,591,462$23,019,223$37,922,075
57$55,233,594$28,887,630$23,734,554$40,749,594
58$60,809,849$30,245,552$24,472,090$43,821,450
59$66,953,069$31,668,199$25,232,520$47,160,624
60$73,721,026$33,158,685$26,016,554$50,792,349
61$81,177,385$34,720,276$26,824,923$54,744,342
62$89,392,303$36,356,394$27,658,382$59,047,050
63$98,443,089$38,070,628$28,517,709$63,733,922
64$108,414,938$39,866,743$29,403,706$68,841,715
65$119,401,731$41,748,682$30,317,200$74,410,824
66$131,506,924$43,720,584$31,259,042$80,485,645
67$144,844,522$45,786,784$32,230,111$87,114,985
68$159,540,157$47,951,831$33,231,315$94,352,498
69$175,732,275$50,220,492$34,263,585$102,257,180
70$193,573,438$52,597,767$35,327,886$110,893,903
71$213,231,768$55,088,897$36,425,210$120,334,012
72$234,892,534$57,699,378$37,556,580$130,655,973
73$258,759,898$60,434,974$38,723,051$141,946,096
74$285,058,846$63,301,726$39,925,711$154,299,330
75$314,037,307$66,305,970$41,165,682$167,820,129
76$345,968,500$69,454,349$42,444,119$182,623,419
77$381,153,504$72,753,830$43,762,215$198,835,655
78$419,924,110$76,211,716$45,121,198$216,595,990
79$462,645,946$79,835,667$46,522,334$236,057,557
80$509,721,930$83,633,712$47,966,930$257,388,890
81$561,596,077$87,614,274$49,456,333$280,775,480
82$618,757,686$91,786,183$50,991,929$306,421,495
83$681,745,962$96,158,697$52,575,150$334,551,675
84$751,155,104$100,741,527$54,207,472$365,413,416
85$827,639,917$105,544,854$55,890,414$399,279,073
86$911,921,991$110,579,355$57,625,545$436,448,483
87$1,004,796,514$115,856,224$59,414,481$477,251,767
88$1,107,139,781$121,387,201$61,258,889$522,052,393
89$1,219,917,464$127,184,599$63,160,487$571,250,571
90$1,344,193,726$133,261,325$65,121,044$625,286,978
91$1,481,141,275$139,630,919$67,142,388$684,646,872
92$1,632,052,427$146,307,576$69,226,400$749,864,624
93$1,798,351,311$153,306,184$71,375,021$821,528,705
94$1,981,607,312$160,642,354$73,590,251$900,287,187
95$2,183,549,886$168,332,457$75,874,153$986,853,802
96$2,406,084,889$176,393,663$78,228,852$1,082,014,619
97$2,651,312,570$184,843,974$80,656,540$1,186,635,397
98$2,921,547,395$193,702,272$83,159,477$1,301,669,695
99$3,219,339,902$202,988,356$85,739,992$1,428,167,801
100$3,547,500,777$212,722,990$88,400,487$1,567,286,571