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

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 $16,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$1,346,039$1,334,049$1,322,351$1,310,934$1,299,785$1,272,501
2 years$666,356$653,946$641,918$630,257$618,945$591,586
3 years$439,824$427,361$415,363$403,811$392,684$366,103
4 years$326,581$314,155$302,278$290,923$280,066$254,467
5 years$258,653$246,302$234,580$223,457$212,901$188,358
6 years$213,382$201,124$189,576$178,700$168,462$145,000
7 years$181,058$168,903$157,538$146,919$137,004$114,629
8 years$156,827$144,781$133,605$123,247$113,658$92,362
9 years$137,990$126,058$115,074$104,979$95,717$75,485
10 years$122,929$111,114$100,324$90,493$81,556$62,368
11 years$110,615$98,918$88,324$78,756$70,140$51,973
12 years$100,360$88,784$78,385$69,080$60,782$43,607
13 years$91,690$80,235$70,032$60,987$53,003$36,791
14 years$84,265$72,931$62,924$54,137$46,462$31,181
15 years$77,835$66,624$56,812$48,281$40,909$26,526
16 years$72,215$61,126$51,508$43,230$36,156$22,636
17 years$67,261$56,295$46,870$38,842$32,058$19,367
18 years$62,863$52,019$42,787$35,005$28,505$16,607
19 years$58,932$48,211$39,169$31,630$25,407$14,266
20 years$55,399$44,800$35,948$28,647$22,694$12,275
21 years$52,206$41,729$33,065$25,999$20,308$10,576
22 years$49,307$38,953$30,474$23,639$18,204$9,123
23 years$46,665$36,432$28,138$21,528$16,341$7,877
24 years$44,246$34,134$26,023$19,635$14,687$6,807
25 years$42,024$32,033$24,102$17,932$13,216$5,886
26 years$39,976$30,106$22,353$16,396$11,905$5,094
27 years$38,084$28,333$20,757$15,008$10,733$4,410
28 years$36,329$26,698$19,296$13,750$9,685$3,820
29 years$34,699$25,187$17,957$12,609$8,745$3,310
30 years$33,180$23,786$16,726$11,572$7,902$2,870
31 years$31,762$22,486$15,593$10,628$7,144$2,488
32 years$30,435$21,276$14,549$9,768$6,462$2,158
33 years$29,191$20,149$13,584$8,982$5,848$1,872
34 years$28,023$19,097$12,692$8,264$5,295$1,625
35 years$26,924$18,113$11,867$7,608$4,796$1,410
36 years$25,888$17,192$11,101$7,007$4,345$1,224
37 years$24,911$16,328$10,390$6,456$3,938$1,062
38 years$23,987$15,518$9,730$5,950$3,570$922
39 years$23,113$14,756$9,116$5,486$3,238$801
40 years$22,285$14,039$8,544$5,060$2,937$695
41 years$21,499$13,364$8,012$4,669$2,664$604
42 years$20,752$12,727$7,515$4,309$2,418$524
43 years$20,042$12,126$7,052$3,978$2,194$455
44 years$19,367$11,559$6,620$3,673$1,992$396
45 years$18,723$11,023$6,216$3,392$1,808$344
46 years$18,109$10,515$5,838$3,133$1,642$298
47 years$17,523$10,035$5,485$2,895$1,491$259
48 years$16,963$9,579$5,154$2,675$1,354$225
49 years$16,427$9,148$4,845$2,472$1,229$196
50 years$15,914$8,738$4,555$2,285$1,117$170

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 $4,160 every year, while hoping to spend $25,930 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: 42/40/18 Blend
44$16,300,000$16,300,000$16,300,000$16,300,000
45$17,966,891$17,102,991$16,850,341$18,626,586
46$19,771,925$17,913,448$17,387,238$19,904,157
47$21,760,203$18,762,749$17,941,252$21,283,901
48$23,950,388$19,652,769$18,512,929$22,777,470
49$26,363,048$20,585,475$19,102,833$24,395,312
50$29,020,846$21,562,930$19,711,545$26,148,891
51$31,948,755$22,587,296$20,339,664$28,050,785
52$35,174,296$23,660,842$20,987,811$30,114,798
53$38,727,796$24,785,944$21,656,624$32,356,084
54$42,642,672$25,965,097$22,346,762$34,791,278
55$46,955,753$27,200,914$23,058,906$37,438,650
56$51,707,618$28,496,138$23,793,758$40,318,262
57$56,942,989$29,853,642$24,552,043$43,452,155
58$62,711,145$31,276,442$25,334,508$46,864,541
59$69,066,392$32,767,698$26,141,924$50,582,024
60$76,068,574$34,330,725$26,975,088$54,633,843
61$83,783,636$35,968,999$27,834,822$59,052,130
62$92,284,252$37,686,164$28,721,973$63,872,209
63$101,650,502$39,486,043$29,637,416$69,132,911
64$111,970,638$41,372,643$30,582,054$74,876,932
65$123,341,909$43,350,169$31,556,818$81,151,220
66$135,871,482$45,423,026$32,562,670$88,007,405
67$149,677,456$47,595,837$33,600,603$95,502,271
68$164,889,973$49,873,449$34,671,639$103,698,277
69$181,652,447$52,260,945$35,776,836$112,664,131
70$200,122,920$54,763,655$36,917,283$122,475,421
71$220,475,552$57,387,168$38,094,106$133,215,308
72$242,902,265$60,137,345$39,308,465$144,975,299
73$267,614,556$63,020,336$40,561,559$157,856,085
74$294,845,493$66,042,585$41,854,624$171,968,474
75$324,851,915$69,210,853$43,188,935$187,434,415
76$357,916,855$72,532,230$44,565,810$204,388,128
77$394,352,216$76,014,150$45,986,606$222,977,346
78$434,501,711$79,664,412$47,452,726$243,364,686
79$478,744,109$83,491,192$48,965,616$265,729,158
80$527,496,814$87,503,066$50,526,770$290,267,829
81$581,219,800$91,709,028$52,137,727$317,197,655
82$640,419,957$96,118,508$53,800,079$346,757,497
83$705,655,876$100,741,398$55,515,465$379,210,349
84$777,543,121$105,588,072$57,285,578$414,845,788
85$856,760,041$110,669,409$59,112,167$453,982,670
86$944,054,174$115,996,818$60,997,033$496,972,108
87$1,040,249,303$121,582,266$62,942,037$544,200,750
88$1,146,253,236$127,438,301$64,949,099$596,094,389
89$1,263,066,373$133,578,085$67,020,201$653,121,941
90$1,391,791,152$140,015,420$69,157,387$715,799,830
91$1,533,642,457$146,764,783$71,362,767$784,696,820
92$1,689,959,086$153,841,356$73,638,518$860,439,337
93$1,862,216,392$161,261,061$75,986,887$943,717,332
94$2,052,040,209$169,040,599$78,410,194$1,035,290,745
95$2,261,222,205$177,197,483$80,910,830$1,135,996,625
96$2,491,736,793$185,750,082$83,491,265$1,246,756,978
97$2,745,759,770$194,717,661$86,154,047$1,368,587,407
98$3,025,688,865$204,120,425$88,901,806$1,502,606,644
99$3,334,166,368$213,979,564$91,737,256$1,650,047,044
100$3,674,104,080$224,317,305$94,663,195$1,812,266,150