Can I retire at age 45 with 16,500,000?

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 $16,500,000?

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$1,362,555$1,350,418$1,338,576$1,327,019$1,315,733$1,297,142
2 years$674,532$661,969$649,794$637,990$626,540$607,845
3 years$445,221$432,604$420,460$408,766$397,502$379,286
4 years$330,588$318,010$305,987$294,493$283,502$265,904
5 years$261,826$249,324$237,459$226,199$215,514$198,585
6 years$216,000$203,592$191,902$180,893$170,529$154,290
7 years$183,280$170,976$159,471$148,722$138,686$123,142
8 years$158,751$146,558$135,244$124,759$115,053$100,202
9 years$139,683$127,605$116,486$106,267$96,891$82,726
10 years$124,437$112,478$101,555$91,603$82,556$69,067
11 years$111,972$100,132$89,407$79,722$71,001$58,174
12 years$101,592$89,873$79,347$69,927$61,528$49,348
13 years$92,815$81,219$70,891$61,735$53,654$42,104
14 years$85,299$73,826$63,696$54,802$47,032$36,096
15 years$78,790$67,441$57,509$48,873$41,411$31,068
16 years$73,101$61,876$52,140$43,761$36,599$26,830
17 years$68,087$56,986$47,446$39,319$32,451$23,236
18 years$63,634$52,657$43,312$35,434$28,854$20,172
19 years$59,655$48,802$39,650$32,018$25,718$17,547
20 years$56,078$45,349$36,389$28,998$22,972$15,291
21 years$52,846$42,241$33,470$26,318$20,558$13,346
22 years$49,912$39,431$30,848$23,929$18,427$11,663
23 years$47,237$36,879$28,483$21,793$16,541$10,204
24 years$44,789$34,553$26,342$19,876$14,867$8,936
25 years$42,540$32,426$24,398$18,152$13,378$7,833
26 years$40,467$30,475$22,628$16,597$12,051$6,871
27 years$38,551$28,681$21,012$15,192$10,865$6,030
28 years$36,775$27,026$19,533$13,919$9,804$5,296
29 years$35,124$25,496$18,177$12,764$8,852$4,654
30 years$33,587$24,078$16,932$11,714$7,999$4,091
31 years$32,151$22,762$15,785$10,759$7,232$3,597
32 years$30,808$21,537$14,727$9,887$6,541$3,165
33 years$29,549$20,396$13,751$9,092$5,920$2,785
34 years$28,367$19,331$12,848$8,366$5,360$2,451
35 years$27,254$18,335$12,012$7,701$4,855$2,158
36 years$26,206$17,403$11,237$7,092$4,399$1,900
37 years$25,216$16,529$10,518$6,535$3,987$1,673
38 years$24,281$15,708$9,849$6,023$3,614$1,474
39 years$23,397$14,937$9,228$5,554$3,277$1,298
40 years$22,558$14,211$8,649$5,123$2,973$1,144
41 years$21,763$13,528$8,110$4,726$2,697$1,008
42 years$21,007$12,883$7,608$4,362$2,447$888
43 years$20,288$12,275$7,139$4,026$2,221$783
44 years$19,604$11,701$6,701$3,718$2,016$690
45 years$18,953$11,158$6,292$3,433$1,830$608
46 years$18,331$10,644$5,910$3,171$1,662$536
47 years$17,738$10,158$5,552$2,930$1,509$473
48 years$17,171$9,697$5,217$2,707$1,370$417
49 years$16,629$9,260$4,904$2,502$1,245$367
50 years$16,110$8,846$4,610$2,313$1,130$324

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $16,500,000, adding $2,127 every year, while hoping to spend $52,141 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: 53/42/5 Blend
44$16,500,000$16,500,000$16,500,000$16,500,000
45$18,185,194$17,310,694$17,054,944$19,129,137
46$19,984,606$18,103,440$17,570,807$20,560,428
47$21,965,811$18,933,284$18,102,204$22,110,776
48$24,147,296$19,801,987$18,649,600$23,796,052
49$26,549,433$20,711,397$19,213,474$25,628,992
50$29,194,670$21,663,451$19,794,321$27,623,586
51$32,107,743$22,660,176$20,392,647$29,795,203
52$35,315,908$23,703,701$21,008,977$32,160,724
53$38,849,202$24,796,253$21,643,848$34,738,704
54$42,740,720$25,940,169$22,297,817$37,549,530
55$47,026,934$27,137,897$22,971,454$40,615,613
56$51,748,031$28,392,004$23,665,347$43,961,584
57$56,948,297$29,705,179$24,380,103$47,614,527
58$62,676,532$31,080,242$25,116,345$51,604,218
59$68,986,511$32,520,147$25,874,716$55,963,400
60$75,937,493$34,027,992$26,655,877$60,728,083
61$83,594,778$35,607,024$27,460,509$65,937,872
62$92,030,323$37,260,645$28,289,314$71,636,330
63$101,323,423$38,992,424$29,143,013$77,871,379
64$111,561,458$40,806,099$30,022,350$84,695,741
65$122,840,719$42,705,591$30,928,091$92,167,421
66$135,267,315$44,695,007$31,861,025$100,350,245
67$148,958,174$46,778,655$32,821,961$109,314,446
68$164,042,148$48,961,049$33,811,738$119,137,314
69$180,661,231$51,246,924$34,831,215$129,903,911
70$198,971,893$53,641,241$35,881,277$141,707,859
71$219,146,565$56,149,200$36,962,839$154,652,205
72$241,375,258$58,776,254$38,076,838$168,850,379
73$265,867,365$61,528,121$39,224,241$184,427,246
74$292,853,628$64,410,791$40,406,046$201,520,268
75$322,588,326$67,430,548$41,623,276$220,280,778
76$355,351,668$70,593,977$42,876,988$240,875,393
77$391,452,439$73,907,983$44,168,268$263,487,559
78$431,230,918$77,379,804$45,498,236$288,319,268
79$475,062,088$81,017,031$46,868,043$315,592,934
80$523,359,173$84,827,618$48,278,875$345,553,475
81$576,577,546$88,819,908$49,731,954$378,470,591
82$635,219,018$93,002,646$51,228,537$414,641,290
83$699,836,582$97,385,000$52,769,918$454,392,661
84$771,039,633$101,976,585$54,357,429$498,084,930
85$849,499,716$106,787,478$55,992,444$546,114,833
86$935,956,871$111,828,248$57,676,374$598,919,324
87$1,031,226,612$117,109,972$59,410,673$656,979,673
88$1,136,207,635$122,644,269$61,196,839$720,825,965
89$1,251,890,293$128,443,318$63,036,412$791,042,074
90$1,379,365,951$134,519,888$64,930,980$868,271,130
91$1,519,837,285$140,887,370$66,882,175$953,221,553
92$1,674,629,640$147,559,803$68,891,680$1,046,673,696
93$1,845,203,537$154,551,907$70,961,225$1,149,487,166
94$2,033,168,464$161,879,118$73,092,593$1,262,608,895
95$2,240,298,071$169,557,617$75,287,617$1,387,082,025
96$2,468,546,909$177,604,375$77,548,188$1,524,055,707
97$2,720,068,890$186,037,186$79,876,248$1,674,795,894
98$2,997,237,613$194,874,705$82,273,799$1,840,697,235
99$3,302,668,780$204,136,496$84,742,902$2,023,296,182
100$3,639,244,884$213,843,072$87,285,677$2,224,285,432