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%19.1%
1 years$1,362,555$1,350,418$1,338,576$1,327,019$1,315,733$1,267,538
2 years$674,532$661,969$649,794$637,990$626,540$578,520
3 years$445,221$432,604$420,460$408,766$397,502$351,169
4 years$330,588$318,010$305,987$294,493$283,502$239,208
5 years$261,826$249,324$237,459$226,199$215,514$173,375
6 years$216,000$203,592$191,902$180,893$170,529$130,575
7 years$183,280$170,976$159,471$148,722$138,686$100,907
8 years$158,751$146,558$135,244$124,759$115,053$79,416
9 years$139,683$127,605$116,486$106,267$96,891$63,348
10 years$124,437$112,478$101,555$91,603$82,556$51,047
11 years$111,972$100,132$89,407$79,722$71,001$41,458
12 years$101,592$89,873$79,347$69,927$61,528$33,879
13 years$92,815$81,219$70,891$61,735$53,654$27,822
14 years$85,299$73,826$63,696$54,802$47,032$22,937
15 years$78,790$67,441$57,509$48,873$41,411$18,971
16 years$73,101$61,876$52,140$43,761$36,599$15,731
17 years$68,087$56,986$47,446$39,319$32,451$13,072
18 years$63,634$52,657$43,312$35,434$28,854$10,881
19 years$59,655$48,802$39,650$32,018$25,718$9,071
20 years$56,078$45,349$36,389$28,998$22,972$7,571
21 years$52,846$42,241$33,470$26,318$20,558$6,325
22 years$49,912$39,431$30,848$23,929$18,427$5,288
23 years$47,237$36,879$28,483$21,793$16,541$4,425
24 years$44,789$34,553$26,342$19,876$14,867$3,704
25 years$42,540$32,426$24,398$18,152$13,378$3,103
26 years$40,467$30,475$22,628$16,597$12,051$2,600
27 years$38,551$28,681$21,012$15,192$10,865$2,179
28 years$36,775$27,026$19,533$13,919$9,804$1,827
29 years$35,124$25,496$18,177$12,764$8,852$1,532
30 years$33,587$24,078$16,932$11,714$7,999$1,285
31 years$32,151$22,762$15,785$10,759$7,232$1,078
32 years$30,808$21,537$14,727$9,887$6,541$905
33 years$29,549$20,396$13,751$9,092$5,920$759
34 years$28,367$19,331$12,848$8,366$5,360$637
35 years$27,254$18,335$12,012$7,701$4,855$535
36 years$26,206$17,403$11,237$7,092$4,399$449
37 years$25,216$16,529$10,518$6,535$3,987$377
38 years$24,281$15,708$9,849$6,023$3,614$316
39 years$23,397$14,937$9,228$5,554$3,277$265
40 years$22,558$14,211$8,649$5,123$2,973$223
41 years$21,763$13,528$8,110$4,726$2,697$187
42 years$21,007$12,883$7,608$4,362$2,447$157
43 years$20,288$12,275$7,139$4,026$2,221$132
44 years$19,604$11,701$6,701$3,718$2,016$111
45 years$18,953$11,158$6,292$3,433$1,830$93
46 years$18,331$10,644$5,910$3,171$1,662$78
47 years$17,738$10,158$5,552$2,930$1,509$66
48 years$17,171$9,697$5,217$2,707$1,370$55
49 years$16,629$9,260$4,904$2,502$1,245$46
50 years$16,110$8,846$4,610$2,313$1,130$39

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 $5,288 every year, while hoping to spend $50,309 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: 36/40/24 Blend
44$16,500,000$16,500,000$16,500,000$16,500,000
45$18,188,455$17,313,955$17,058,205$18,711,425
46$19,990,149$18,108,810$17,576,126$19,891,976
47$21,973,929$18,940,927$18,109,712$21,160,597
48$24,158,316$19,812,079$18,659,433$22,529,187
49$26,563,717$20,724,123$19,225,776$24,006,742
50$29,212,617$21,679,006$19,809,242$25,603,125
51$32,129,797$22,678,770$20,410,344$27,329,150
52$35,342,560$23,725,554$21,029,614$29,196,678
53$38,880,994$24,821,599$21,667,599$31,218,723
54$42,778,253$25,969,255$22,324,861$33,409,562
55$47,070,872$27,170,985$23,001,981$35,784,868
56$51,799,109$28,429,372$23,699,555$38,361,842
57$57,007,326$29,747,119$24,418,199$41,159,374
58$62,744,410$31,127,065$25,158,546$44,198,203
59$69,064,231$32,572,182$25,921,247$47,501,111
60$76,026,149$34,085,586$26,706,976$51,093,122
61$83,695,581$35,670,543$27,516,424$55,001,730
62$92,144,609$37,330,479$28,350,303$59,257,146
63$101,452,669$39,068,982$29,209,348$63,892,571
64$111,707,294$40,889,815$30,094,314$68,944,498
65$123,004,944$42,796,922$31,005,980$74,453,044
66$135,451,915$44,794,438$31,945,147$80,462,310
67$149,165,341$46,886,697$32,912,640$87,020,791
68$164,274,303$49,078,242$33,909,311$94,181,814
69$180,921,044$51,373,838$34,936,034$102,004,023
70$199,262,310$53,778,476$35,993,712$110,551,925
71$219,470,837$56,297,392$37,083,272$119,896,471
72$241,736,972$58,936,074$38,205,671$130,115,719
73$266,270,476$61,700,275$39,361,894$141,295,542
74$293,302,502$64,596,026$40,552,955$153,530,426
75$323,087,777$67,629,650$41,779,899$166,924,339
76$355,907,005$70,807,778$43,043,800$181,591,690
77$392,069,519$74,137,358$44,345,767$197,658,389
78$431,916,199$77,625,678$45,686,939$215,263,012
79$475,822,691$81,280,377$47,068,492$234,558,080
80$524,202,954$85,109,463$48,491,634$255,711,481
81$577,513,163$89,121,335$49,957,612$278,908,021
82$636,256,021$93,324,796$51,467,708$304,351,145
83$700,985,501$97,729,076$53,023,242$332,264,827
84$772,312,076$102,343,855$54,625,574$362,895,651
85$850,908,483$107,179,278$56,276,105$396,515,111
86$937,516,070$112,245,986$57,976,277$433,422,138
87$1,032,951,802$117,555,132$59,727,575$473,945,887
88$1,138,115,965$123,118,412$61,531,528$518,448,805
89$1,254,000,669$128,948,090$63,389,710$567,330,021
90$1,381,699,215$135,057,024$65,303,743$621,029,065
91$1,522,416,413$141,458,696$67,275,296$680,029,982
92$1,677,479,957$148,167,242$69,306,089$744,865,853
93$1,848,352,960$155,197,485$71,397,890$816,123,783
94$2,036,647,766$162,564,965$73,552,523$894,450,395
95$2,244,141,171$170,285,981$75,771,865$980,557,883
96$2,472,791,195$178,377,619$78,057,848$1,075,230,684
97$2,724,755,573$186,857,798$80,412,462$1,179,332,824
98$3,002,412,117$195,745,306$82,837,754$1,293,816,024
99$3,308,381,169$205,059,842$85,335,836$1,419,728,615
100$3,645,550,340$214,822,067$87,908,878$1,558,225,376