Can I retire at age 45 with 16,200,000?

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 $16,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$1,337,781$1,325,865$1,314,239$1,302,891$1,291,811$1,275,668
2 years$662,268$649,934$637,980$626,390$615,148$598,905
3 years$437,126$424,739$412,815$401,334$390,275$374,437
4 years$324,577$312,228$300,424$289,139$278,348$263,035
5 years$257,066$244,791$233,141$222,086$211,595$196,854
6 years$212,073$199,890$188,413$177,604$167,428$153,276
7 years$179,948$167,867$156,572$146,018$136,164$122,606
8 years$155,865$143,893$132,785$122,491$112,961$99,995
9 years$137,143$125,285$114,368$104,335$95,130$82,751
10 years$122,175$110,433$99,709$89,938$81,055$69,255
11 years$109,936$98,312$87,782$78,273$69,710$58,478
12 years$99,744$88,239$77,904$68,656$60,409$49,733
13 years$91,127$79,742$69,602$60,613$52,678$42,544
14 years$83,748$72,484$62,538$53,805$46,177$36,570
15 years$77,358$66,215$56,463$47,985$40,658$31,562
16 years$71,772$60,751$51,192$42,965$35,934$27,333
17 years$66,849$55,950$46,583$38,604$31,861$23,738
18 years$62,477$51,700$42,524$34,790$28,330$20,667
19 years$58,570$47,915$38,929$31,436$25,251$18,031
20 years$55,059$44,525$35,727$28,471$22,555$15,759
21 years$51,886$41,473$32,862$25,839$20,184$13,795
22 years$49,005$38,714$30,287$23,494$18,092$12,093
23 years$46,378$36,208$27,965$21,396$16,240$10,612
24 years$43,974$33,925$25,863$19,515$14,597$9,323
25 years$41,766$31,837$23,954$17,822$13,135$8,197
26 years$39,731$29,921$22,216$16,295$11,832$7,213
27 years$37,850$28,159$20,630$14,916$10,667$6,352
28 years$36,106$26,534$19,178$13,666$9,625$5,596
29 years$34,486$25,032$17,847$12,532$8,691$4,933
30 years$32,976$23,640$16,624$11,501$7,853$4,351
31 years$31,567$22,348$15,498$10,563$7,100$3,839
32 years$30,248$21,146$14,460$9,708$6,423$3,388
33 years$29,012$20,025$13,501$8,927$5,812$2,991
34 years$27,851$18,979$12,615$8,214$5,262$2,642
35 years$26,759$18,002$11,794$7,561$4,766$2,333
36 years$25,729$17,086$11,033$6,964$4,319$2,062
37 years$24,758$16,228$10,327$6,416$3,914$1,822
38 years$23,840$15,422$9,670$5,914$3,549$1,610
39 years$22,971$14,665$9,060$5,453$3,218$1,423
40 years$22,148$13,953$8,492$5,029$2,919$1,258
41 years$21,367$13,282$7,963$4,640$2,648$1,113
42 years$20,625$12,649$7,469$4,282$2,403$984
43 years$19,919$12,052$7,009$3,953$2,181$870
44 years$19,248$11,488$6,579$3,650$1,979$770
45 years$18,608$10,955$6,178$3,371$1,797$681
46 years$17,998$10,451$5,802$3,114$1,631$602
47 years$17,415$9,973$5,451$2,877$1,481$533
48 years$16,858$9,521$5,122$2,658$1,345$471
49 years$16,326$9,092$4,815$2,457$1,222$417
50 years$15,817$8,685$4,527$2,271$1,110$369

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $16,200,000, adding $3,678 every year, while hoping to spend $55,889 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: 87/6/7 Blend
44$16,200,000$16,200,000$16,200,000$16,200,000
45$17,856,194$16,997,594$16,746,494$19,400,444
46$19,618,060$17,771,010$17,248,036$21,180,527
47$21,557,764$18,580,451$17,764,507$23,128,685
48$23,693,385$19,427,623$18,296,347$25,268,169
49$26,044,846$20,314,312$18,844,010$27,618,225
50$28,634,101$21,242,394$19,407,965$30,200,053
51$31,485,339$22,213,831$19,988,692$33,037,003
52$34,625,216$23,230,681$20,586,685$36,154,797
53$38,083,104$24,295,101$21,202,456$39,581,768
54$41,891,370$25,409,350$21,836,527$43,349,125
55$46,085,678$26,575,796$22,489,438$47,491,253
56$50,705,329$27,796,922$23,161,747$52,046,026
57$55,793,630$29,075,329$23,854,023$57,055,169
58$61,398,303$30,413,743$24,566,855$62,564,651
59$67,571,935$31,815,021$25,300,850$68,625,112
60$74,372,474$33,282,159$26,056,630$75,292,343
61$81,863,777$34,818,295$26,834,838$82,627,810
62$90,116,209$36,426,719$27,636,132$90,699,232
63$99,207,313$38,110,879$28,461,193$99,581,216
64$109,222,536$39,874,389$29,310,721$109,355,964
65$120,256,039$41,721,038$30,185,433$120,114,041
66$132,411,582$43,654,796$31,086,072$131,955,231
67$145,803,507$45,679,824$32,013,400$144,989,476
68$160,557,815$47,800,487$32,968,200$159,337,909
69$176,813,358$50,021,356$33,951,279$175,133,999
70$194,723,143$52,347,225$34,963,470$192,524,802
71$214,455,783$54,783,118$36,005,625$211,672,354
72$236,197,085$57,334,303$37,078,626$232,755,190
73$260,151,804$60,006,301$38,183,376$255,970,031
74$286,545,577$62,804,898$39,320,809$281,533,635
75$315,627,051$65,736,164$40,491,881$309,684,842
76$347,670,231$68,806,456$41,697,580$340,686,824
77$382,977,066$72,022,444$42,938,920$374,829,564
78$421,880,298$75,391,116$44,216,945$412,432,593
79$464,746,607$78,919,799$45,532,732$453,847,999
80$511,980,067$82,616,175$46,887,384$499,463,749
81$564,025,963$86,488,296$48,282,040$549,707,344
82$621,374,994$90,544,605$49,717,871$605,049,855
83$684,567,905$94,793,953$51,196,082$666,010,360
84$754,200,592$99,245,617$52,717,911$733,160,841
85$830,929,726$103,909,326$54,284,635$807,131,582
86$915,478,953$108,795,278$55,897,565$888,617,107
87$1,008,645,724$113,914,165$57,558,052$978,382,737
88$1,111,308,825$119,277,196$59,267,484$1,077,271,805
89$1,224,436,672$124,896,126$61,027,291$1,186,213,614
90$1,349,096,451$130,783,274$62,838,944$1,306,232,200
91$1,486,464,196$136,951,561$64,703,955$1,438,455,997
92$1,637,835,888$143,414,532$66,623,881$1,584,128,480
93$1,804,639,691$150,186,386$68,600,324$1,744,619,898
94$1,988,449,435$157,282,015$70,634,930$1,921,440,201
95$2,190,999,472$164,717,028$72,729,396$2,116,253,288
96$2,414,201,052$172,507,796$74,885,464$2,330,892,707
97$2,660,160,361$180,671,480$77,104,929$2,567,378,955
98$2,931,198,410$189,226,074$79,389,636$2,827,938,544
99$3,229,872,943$198,190,447$81,741,484$3,115,025,011
100$3,559,002,585$207,584,382$84,162,426$3,431,342,074