Can I retire at age 45 with 16,400,000?

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 $16,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$1,354,297$1,342,233$1,330,464$1,318,976$1,307,759$1,289,281
2 years$670,444$657,958$645,856$634,123$622,742$604,162
3 years$442,523$429,982$417,912$406,289$395,093$376,988
4 years$328,585$316,083$304,133$292,708$281,784$264,293
5 years$260,239$247,813$236,019$224,828$214,208$197,382
6 years$214,691$202,358$190,739$179,797$169,495$153,355
7 years$182,169$169,940$158,505$147,821$137,845$122,395
8 years$157,789$145,670$134,425$124,003$114,356$99,595
9 years$138,836$126,832$115,780$105,623$96,304$82,225
10 years$123,683$111,796$100,940$91,048$82,056$68,648
11 years$111,293$99,525$88,866$79,239$70,571$57,821
12 years$100,976$89,329$78,866$69,503$61,155$49,049
13 years$92,252$80,727$70,462$61,361$53,328$41,849
14 years$84,782$73,379$63,310$54,470$46,747$35,877
15 years$78,313$67,033$57,160$48,577$41,160$30,880
16 years$72,658$61,501$51,824$43,496$36,377$26,668
17 years$67,674$56,640$47,158$39,081$32,255$23,095
18 years$63,249$52,338$43,049$35,219$28,679$20,049
19 years$59,294$48,506$39,409$31,824$25,563$17,441
20 years$55,738$45,075$36,168$28,823$22,833$15,199
21 years$52,526$41,985$33,268$26,158$20,433$13,265
22 years$49,610$39,192$30,661$23,784$18,315$11,592
23 years$46,951$36,655$28,310$21,660$16,441$10,142
24 years$44,517$34,343$26,182$19,756$14,777$8,882
25 years$42,282$32,230$24,250$18,042$13,297$7,785
26 years$40,222$30,291$22,491$16,497$11,978$6,829
27 years$38,317$28,507$20,885$15,100$10,799$5,994
28 years$36,552$26,862$19,415$13,835$9,744$5,264
29 years$34,912$25,341$18,067$12,687$8,799$4,625
30 years$33,383$23,932$16,829$11,643$7,950$4,066
31 years$31,956$22,624$15,689$10,693$7,188$3,576
32 years$30,621$21,407$14,638$9,827$6,502$3,145
33 years$29,370$20,273$13,668$9,037$5,884$2,768
34 years$28,195$19,214$12,770$8,315$5,327$2,436
35 years$27,089$18,224$11,939$7,654$4,825$2,145
36 years$26,047$17,297$11,169$7,049$4,372$1,888
37 years$25,064$16,428$10,454$6,495$3,962$1,663
38 years$24,134$15,613$9,790$5,987$3,592$1,465
39 years$23,255$14,846$9,172$5,520$3,258$1,291
40 years$22,421$14,125$8,597$5,091$2,955$1,137
41 years$21,631$13,446$8,061$4,698$2,681$1,002
42 years$20,880$12,805$7,562$4,335$2,432$883
43 years$20,165$12,201$7,096$4,002$2,208$778
44 years$19,486$11,630$6,660$3,695$2,004$686
45 years$18,838$11,090$6,254$3,413$1,819$604
46 years$18,220$10,580$5,874$3,152$1,652$533
47 years$17,630$10,096$5,518$2,912$1,500$470
48 years$17,067$9,638$5,186$2,691$1,362$414
49 years$16,528$9,204$4,874$2,487$1,237$365
50 years$16,012$8,792$4,582$2,299$1,124$322

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $16,400,000, adding $4,649 every year, while hoping to spend $32,855 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: 44/31/25 Blend
44$16,400,000$16,400,000$16,400,000$16,400,000
45$18,077,595$17,208,395$16,954,195$18,741,675
46$19,886,553$18,016,649$17,487,204$20,022,075
47$21,878,922$18,863,407$18,036,966$21,405,612
48$24,073,378$19,750,519$18,604,010$22,904,728
49$26,490,497$20,679,928$19,188,878$24,530,170
50$29,152,953$21,653,670$19,792,131$26,293,741
51$32,085,732$22,673,879$20,414,346$28,208,399
52$35,316,370$23,742,792$21,056,120$30,288,377
53$38,875,206$24,862,755$21,718,066$32,549,308
54$42,795,676$26,036,228$22,400,820$35,008,367
55$47,114,622$27,265,791$23,105,035$37,684,427
56$51,872,645$28,554,146$23,831,385$40,598,227
57$57,114,484$29,904,129$24,580,566$43,772,564
58$62,889,443$31,318,712$25,353,296$47,232,494
59$69,251,849$32,801,012$26,150,315$51,005,566
60$76,261,573$34,354,297$26,972,385$55,122,069
61$83,984,589$35,981,994$27,820,296$59,615,311
62$92,493,599$37,687,693$28,694,858$64,521,921
63$101,868,720$39,475,164$29,596,909$69,882,188
64$112,198,237$41,348,354$30,527,313$75,740,429
65$123,579,441$43,311,407$31,486,961$82,145,392
66$136,119,542$45,368,664$32,476,773$89,150,715
67$149,936,686$47,524,680$33,497,696$96,815,407
68$165,161,067$49,784,228$34,550,707$105,204,404
69$181,936,155$52,152,315$35,636,816$114,389,160
70$200,420,056$54,634,191$36,757,062$124,448,312
71$220,786,997$57,235,362$37,912,519$135,468,409
72$243,228,974$59,961,598$39,104,292$147,544,708
73$267,957,567$62,818,954$40,333,524$160,782,063
74$295,205,933$65,813,777$41,601,390$175,295,896
75$325,231,008$68,952,721$42,909,106$191,213,268
76$358,315,933$72,242,767$44,257,924$208,674,063
77$394,772,729$75,691,233$45,649,135$227,832,286
78$434,945,237$79,305,794$47,084,071$248,857,500
79$479,212,371$83,094,498$48,564,108$271,936,404
80$527,991,689$87,065,784$50,090,661$297,274,575
81$581,743,336$91,228,502$51,665,192$325,098,384
82$640,974,390$95,591,932$53,289,210$355,657,110
83$706,243,649$100,165,808$54,964,270$389,225,271
84$778,166,903$104,960,335$56,691,975$426,105,183
85$857,422,751$109,986,215$58,473,980$466,629,795
86$944,759,004$115,254,672$60,311,991$511,165,796
87$1,040,999,748$120,777,476$62,207,768$560,117,050
88$1,147,053,120$126,566,970$64,163,126$613,928,380
89$1,263,919,885$132,636,099$66,179,938$673,089,728
90$1,392,702,882$138,998,436$68,260,134$738,140,752
91$1,534,617,434$145,668,218$70,405,707$809,675,884
92$1,691,002,825$152,660,373$72,618,710$888,349,900
93$1,863,334,939$159,990,558$74,901,263$974,884,067
94$2,053,240,199$167,675,191$77,255,552$1,070,072,908
95$2,262,510,916$175,731,491$79,683,829$1,174,791,662
96$2,493,122,212$184,177,518$82,188,420$1,290,004,499
97$2,747,250,669$193,032,207$84,771,724$1,416,773,578
98$3,027,294,874$202,315,422$87,436,213$1,556,269,025
99$3,335,898,063$212,047,990$90,184,438$1,709,779,924
100$3,675,973,080$222,251,755$93,019,031$1,878,726,438