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 $5,085 every year, while hoping to spend $41,869 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: 30/44/26 Blend
44$16,100,000$16,100,000$16,100,000$16,100,000
45$17,747,445$16,894,145$16,644,595$18,137,217
46$19,513,136$17,677,410$17,157,641$19,223,370
47$21,457,525$18,497,652$17,686,470$20,386,962
48$23,598,793$19,356,637$18,231,568$21,637,900
49$25,956,978$20,256,221$18,793,433$22,983,798
50$28,554,157$21,198,343$19,372,581$24,432,988
51$31,414,661$22,185,041$19,969,542$25,994,596
52$34,565,297$23,218,449$20,584,862$27,678,619
53$38,035,607$24,300,803$21,219,105$29,496,005
54$41,858,146$25,434,449$21,872,852$31,458,757
55$46,068,785$26,621,845$22,546,701$33,580,028
56$50,707,054$27,865,569$23,241,268$35,874,243
57$55,816,513$29,168,321$23,957,191$38,357,221
58$61,445,164$30,532,935$24,695,122$41,046,313
59$67,645,900$31,962,379$25,455,739$43,960,560
60$74,477,012$33,459,765$26,239,736$47,120,855
61$82,002,731$35,028,357$27,047,831$50,550,132
62$90,293,838$36,671,576$27,880,762$54,273,569
63$99,428,334$38,393,007$28,739,292$58,318,813
64$109,492,170$40,196,411$29,624,205$62,716,226
65$120,580,066$42,085,730$30,536,310$67,499,159
66$132,796,398$44,065,095$31,476,441$72,704,251
67$146,256,185$46,138,840$32,445,457$78,371,758
68$161,086,180$48,311,507$33,444,243$84,545,918
69$177,426,058$50,587,858$34,473,713$91,275,352
70$195,429,740$52,972,887$35,534,806$98,613,504
71$215,266,843$55,471,828$36,628,492$106,619,126
72$237,124,284$58,090,171$37,755,769$115,356,814
73$261,208,041$60,833,669$38,917,668$124,897,598
74$287,745,099$63,708,357$40,115,247$135,319,589
75$316,985,593$66,720,560$41,349,602$146,708,696
76$349,205,167$69,876,912$42,621,858$159,159,411
77$384,707,581$73,184,367$43,933,176$172,775,679
78$423,827,570$76,650,217$45,284,754$187,671,851
79$466,934,012$80,282,108$46,677,823$203,973,738
80$514,433,407$84,088,056$48,113,656$221,819,772
81$566,773,712$88,076,468$49,593,560$241,362,278
82$624,448,572$92,256,157$51,118,887$262,768,888
83$688,001,983$96,636,365$52,691,026$286,224,085
84$758,033,421$101,226,783$54,311,411$311,930,914
85$835,203,505$106,037,571$55,981,519$340,112,863
86$920,240,235$111,079,383$57,702,871$371,015,936
87$1,013,945,859$116,363,393$59,477,037$404,910,934
88$1,117,204,451$121,901,314$61,305,633$442,095,975
89$1,230,990,258$127,705,432$63,190,325$482,899,260
90$1,356,376,892$133,788,625$65,132,828$527,682,135
91$1,494,547,470$140,164,403$67,134,913$576,842,447
92$1,646,805,782$146,846,928$69,198,402$630,818,255
93$1,814,588,596$153,851,053$71,325,174$690,091,918
94$1,999,479,230$161,192,351$73,517,164$755,194,588
95$2,203,222,490$168,887,155$75,776,367$826,711,173
96$2,427,741,149$176,952,590$78,104,840$905,285,798
97$2,675,154,094$185,406,615$80,504,701$991,627,827
98$2,947,796,336$194,268,064$82,978,132$1,086,518,493
99$3,248,241,046$203,556,683$85,527,384$1,190,818,207
100$3,579,323,856$213,293,184$88,154,774$1,305,474,612