Can I retire at age 45 with 16,100,000?

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 $16,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$1,329,523$1,317,680$1,306,126$1,294,849$1,283,837$1,239,271
2 years$658,180$645,922$634,042$622,523$611,351$566,913
3 years$434,428$422,117$410,267$398,857$387,866$344,951
4 years$322,574$310,301$298,569$287,354$276,629$235,566
5 years$255,479$243,280$231,702$220,715$210,289$171,186
6 years$210,764$198,656$187,250$176,508$166,395$129,281
7 years$178,837$166,831$155,605$145,117$135,323$100,193
8 years$154,902$143,005$131,966$121,735$112,264$79,089
9 years$136,297$124,512$113,662$103,691$94,542$63,280
10 years$121,421$109,751$99,093$89,383$80,555$51,153
11 years$109,257$97,705$87,240$77,790$69,280$41,680
12 years$99,129$87,694$77,423$68,232$60,036$34,175
13 years$90,565$79,250$69,173$60,239$52,353$28,160
14 years$83,231$72,036$62,152$53,473$45,892$23,297
15 years$76,880$65,806$56,115$47,689$40,407$19,337
16 years$71,329$60,376$50,876$42,700$35,712$16,093
17 years$66,436$55,604$46,295$38,366$31,665$13,422
18 years$62,092$51,381$42,262$34,575$28,155$11,215
19 years$58,209$47,619$38,689$31,242$25,095$9,384
20 years$54,719$44,250$35,506$28,295$22,415$7,862
21 years$51,565$41,217$32,659$25,680$20,059$6,594
22 years$48,702$38,475$30,100$23,349$17,980$5,535
23 years$46,092$35,985$27,792$21,264$16,140$4,649
24 years$43,703$33,715$25,703$19,394$14,507$3,908
25 years$41,508$31,640$23,806$17,712$13,054$3,286
26 years$39,486$29,737$22,079$16,195$11,759$2,765
27 years$37,616$27,986$20,502$14,824$10,601$2,327
28 years$35,883$26,371$19,060$13,582$9,566$1,959
29 years$34,273$24,878$17,737$12,455$8,638$1,649
30 years$32,773$23,494$16,521$11,430$7,805$1,389
31 years$31,372$22,210$15,402$10,498$7,056$1,170
32 years$30,061$21,015$14,370$9,648$6,383$986
33 years$28,833$19,902$13,418$8,872$5,777$831
34 years$27,679$18,862$12,537$8,163$5,230$700
35 years$26,593$17,891$11,721$7,514$4,737$590
36 years$25,571$16,981$10,965$6,921$4,292$497
37 years$24,605$16,128$10,263$6,376$3,890$419
38 years$23,693$15,327$9,611$5,877$3,527$353
39 years$22,829$14,575$9,004$5,419$3,198$298
40 years$22,011$13,867$8,440$4,998$2,901$251
41 years$21,235$13,200$7,914$4,612$2,632$212
42 years$20,498$12,571$7,423$4,256$2,388$178
43 years$19,797$11,978$6,966$3,929$2,167$150
44 years$19,129$11,417$6,539$3,628$1,967$127
45 years$18,493$10,887$6,139$3,350$1,786$107
46 years$17,887$10,386$5,766$3,095$1,621$90
47 years$17,308$9,911$5,417$2,859$1,472$76
48 years$16,754$9,462$5,091$2,642$1,337$64
49 years$16,225$9,035$4,785$2,442$1,214$54
50 years$15,719$8,631$4,499$2,257$1,103$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $16,100,000, adding $6,126 every year, while hoping to spend $32,310 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: 64/27/9 Blend
44$16,100,000$16,100,000$16,100,000$16,100,000
45$17,748,519$16,895,219$16,645,669$18,850,690
46$19,524,490$17,688,707$17,168,921$20,379,975
47$21,480,528$18,519,993$17,708,620$22,045,263
48$23,634,964$19,390,895$18,265,281$23,863,278
49$26,008,001$20,303,320$18,839,438$25,848,858
50$28,621,899$21,259,264$19,431,641$28,018,321
51$31,501,188$22,260,824$20,042,457$30,389,613
52$34,672,901$23,310,196$20,672,471$32,982,476
53$38,166,824$24,409,682$21,322,286$35,818,626
54$42,015,781$25,561,698$21,992,524$38,921,957
55$46,255,945$26,768,775$22,683,827$42,318,754
56$50,927,173$28,033,567$23,396,857$46,037,945
57$56,073,391$29,358,858$24,132,297$50,111,358
58$61,742,999$30,747,564$24,890,852$54,574,024
59$67,989,336$32,202,746$25,673,246$59,464,494
60$74,871,179$33,727,611$26,480,231$64,825,201
61$82,453,298$35,325,523$27,312,577$70,702,852
62$90,807,068$37,000,008$28,171,083$77,148,858
63$100,011,145$38,754,764$29,056,570$84,219,818
64$110,152,203$40,593,669$29,969,887$91,978,038
65$121,325,757$42,520,787$30,911,906$100,492,115
66$133,637,060$44,540,382$31,883,532$109,837,576
67$147,202,104$46,656,924$32,885,693$120,097,578
68$162,148,704$48,875,099$33,919,350$131,363,686
69$178,617,715$51,199,823$34,985,492$143,736,723
70$196,764,356$53,636,247$36,085,139$157,327,718
71$216,759,674$56,189,778$37,219,345$172,258,937
72$238,792,164$58,866,079$38,389,196$188,665,025
73$263,069,542$61,671,095$39,595,811$206,694,270
74$289,820,711$64,611,054$40,840,347$226,509,983
75$319,297,918$67,692,490$42,123,993$248,292,032
76$351,779,138$70,922,255$43,447,980$272,238,521
77$387,570,698$74,307,533$44,813,574$298,567,649
78$427,010,164$77,855,857$46,222,084$327,519,751
79$470,469,534$81,575,127$47,674,857$359,359,552
80$518,358,746$85,473,629$49,173,285$394,378,650
81$571,129,550$89,560,048$50,718,802$432,898,249
82$629,279,769$93,843,495$52,312,887$475,272,172
83$693,358,004$98,333,525$53,957,066$521,890,183
84$763,968,807$103,040,154$55,652,914$573,181,646
85$841,778,392$107,973,889$57,402,054$629,619,555
86$927,520,926$113,145,747$59,206,161$691,724,980
87$1,022,005,453$118,567,282$61,066,960$760,071,956
88$1,126,123,541$124,250,610$62,986,235$835,292,886
89$1,240,857,690$130,208,437$64,965,821$918,084,478
90$1,367,290,612$136,454,089$67,007,614$1,009,214,298
91$1,506,615,454$143,001,539$69,113,569$1,109,527,988
92$1,660,147,058$149,865,441$71,285,701$1,219,957,218
93$1,829,334,375$157,061,165$73,526,089$1,341,528,451
94$2,015,774,147$164,604,828$75,836,879$1,475,372,602
95$2,221,225,977$172,513,331$78,220,281$1,622,735,677
96$2,447,628,944$180,804,402$80,678,578$1,784,990,504
97$2,697,119,907$189,496,629$83,214,121$1,963,649,650
98$2,972,053,683$198,609,509$85,829,340$2,160,379,668
99$3,275,025,271$208,163,487$88,526,735$2,377,016,784
100$3,608,894,358$218,180,008$91,308,890$2,615,584,192