Can I retire at age 45 with 16,300,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $16,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$1,346,039$1,334,049$1,322,351$1,310,934$1,299,785$1,273,541
2 years$666,356$653,946$641,918$630,257$618,945$592,620
3 years$439,824$427,361$415,363$403,811$392,684$367,099
4 years$326,581$314,155$302,278$290,923$280,066$255,418
5 years$258,653$246,302$234,580$223,457$212,901$189,260
6 years$213,382$201,124$189,576$178,700$168,462$145,853
7 years$181,058$168,903$157,538$146,919$137,004$115,433
8 years$156,827$144,781$133,605$123,247$113,658$93,119
9 years$137,990$126,058$115,074$104,979$95,717$76,194
10 years$122,929$111,114$100,324$90,493$81,556$63,032
11 years$110,615$98,918$88,324$78,756$70,140$52,592
12 years$100,360$88,784$78,385$69,080$60,782$44,184
13 years$91,690$80,235$70,032$60,987$53,003$37,327
14 years$84,265$72,931$62,924$54,137$46,462$31,679
15 years$77,835$66,624$56,812$48,281$40,909$26,987
16 years$72,215$61,126$51,508$43,230$36,156$23,062
17 years$67,261$56,295$46,870$38,842$32,058$19,760
18 years$62,863$52,019$42,787$35,005$28,505$16,968
19 years$58,932$48,211$39,169$31,630$25,407$14,598
20 years$55,399$44,800$35,948$28,647$22,694$12,580
21 years$52,206$41,729$33,065$25,999$20,308$10,855
22 years$49,307$38,953$30,474$23,639$18,204$9,378
23 years$46,665$36,432$28,138$21,528$16,341$8,110
24 years$44,246$34,134$26,023$19,635$14,687$7,019
25 years$42,024$32,033$24,102$17,932$13,216$6,080
26 years$39,976$30,106$22,353$16,396$11,905$5,270
27 years$38,084$28,333$20,757$15,008$10,733$4,570
28 years$36,329$26,698$19,296$13,750$9,685$3,965
29 years$34,699$25,187$17,957$12,609$8,745$3,441
30 years$33,180$23,786$16,726$11,572$7,902$2,988
31 years$31,762$22,486$15,593$10,628$7,144$2,595
32 years$30,435$21,276$14,549$9,768$6,462$2,255
33 years$29,191$20,149$13,584$8,982$5,848$1,959
34 years$28,023$19,097$12,692$8,264$5,295$1,703
35 years$26,924$18,113$11,867$7,608$4,796$1,480
36 years$25,888$17,192$11,101$7,007$4,345$1,287
37 years$24,911$16,328$10,390$6,456$3,938$1,119
38 years$23,987$15,518$9,730$5,950$3,570$973
39 years$23,113$14,756$9,116$5,486$3,238$847
40 years$22,285$14,039$8,544$5,060$2,937$736
41 years$21,499$13,364$8,012$4,669$2,664$641
42 years$20,752$12,727$7,515$4,309$2,418$557
43 years$20,042$12,126$7,052$3,978$2,194$485
44 years$19,367$11,559$6,620$3,673$1,992$422
45 years$18,723$11,023$6,216$3,392$1,808$367
46 years$18,109$10,515$5,838$3,133$1,642$319
47 years$17,523$10,035$5,485$2,895$1,491$278
48 years$16,963$9,579$5,154$2,675$1,354$242
49 years$16,427$9,148$4,845$2,472$1,229$210
50 years$15,914$8,738$4,555$2,285$1,117$183

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $16,300,000, adding $4,015 every year, while hoping to spend $52,232 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: 42/49/9 Blend
44$16,300,000$16,300,000$16,300,000$16,300,000
45$17,966,741$17,102,841$16,850,191$18,673,789
46$19,743,775$17,885,306$17,359,098$19,949,974
47$21,700,315$18,704,361$17,883,303$21,325,423
48$23,854,616$19,561,744$18,423,263$22,813,574
49$26,226,793$20,459,276$18,979,449$24,424,716
50$28,839,012$21,398,866$19,552,346$26,170,136
51$31,715,694$22,382,514$20,142,453$28,062,212
52$34,883,754$23,412,316$20,750,284$30,114,526
53$38,372,848$24,490,471$21,376,370$32,341,983
54$42,215,654$25,619,279$22,021,253$34,760,942
55$46,448,183$26,801,156$22,685,497$37,389,363
56$51,110,115$28,038,630$23,369,679$40,246,967
57$56,245,177$29,334,354$24,074,394$43,355,410
58$61,901,554$30,691,105$24,800,255$46,738,479
59$68,132,341$32,111,798$25,547,892$50,422,306
60$74,996,048$33,599,485$26,317,955$54,435,600
61$82,557,151$35,157,365$27,111,112$58,809,912
62$90,886,699$36,788,795$27,928,053$63,579,913
63$100,062,985$38,497,289$28,769,486$68,783,715
64$110,172,287$40,286,533$29,636,141$74,463,213
65$121,309,678$42,160,391$30,528,769$80,664,467
66$133,579,927$44,122,912$31,448,145$87,438,121
67$147,098,487$46,178,342$32,395,065$94,839,867
68$161,992,582$48,331,130$33,370,349$102,930,955
69$178,402,411$50,585,941$34,374,841$111,778,751
70$196,482,470$52,947,665$35,409,412$121,457,355
71$216,403,010$55,421,429$36,474,955$132,048,287
72$238,351,644$58,012,606$37,572,393$143,641,227
73$262,535,118$60,726,830$38,702,674$156,334,851
74$289,181,261$63,570,006$39,866,776$170,237,735
75$318,541,140$66,548,327$41,065,702$185,469,357
76$350,891,423$69,668,281$42,300,490$202,161,204
77$386,536,996$72,936,675$43,572,204$220,457,987
78$425,813,839$76,360,641$44,881,943$240,518,979
79$469,092,197$79,947,659$46,230,834$262,519,495
80$516,780,076$83,705,569$47,620,042$286,652,513
81$569,327,093$87,642,592$49,050,763$313,130,474
82$627,228,723$91,767,346$50,524,230$342,187,245
83$691,030,973$96,088,866$52,041,712$374,080,305
84$761,335,537$100,616,625$53,604,514$409,093,133
85$838,805,478$105,360,556$55,213,982$447,537,850
86$924,171,485$110,331,071$56,871,498$489,758,131
87$1,018,238,772$115,539,089$58,578,489$536,132,406
88$1,121,894,679$120,996,056$60,336,420$587,077,392
89$1,236,117,048$126,713,975$62,146,802$643,051,983
90$1,361,983,456$132,705,429$64,011,189$704,561,539
91$1,500,681,385$138,983,611$65,931,181$772,162,604
92$1,653,519,435$145,562,357$67,908,424$846,468,115
93$1,821,939,675$152,456,170$69,944,614$928,153,133
94$2,007,531,259$159,680,260$72,041,496$1,017,961,163
95$2,212,045,428$167,250,573$74,200,866$1,116,711,114
96$2,437,412,040$175,183,830$76,424,574$1,225,304,967
97$2,685,757,793$183,497,562$78,714,522$1,344,736,233
98$2,959,426,299$192,210,154$81,072,670$1,476,099,262
99$3,261,000,211$201,340,881$83,501,034$1,620,599,504
100$3,593,325,604$210,909,955$86,001,689$1,779,564,820