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

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 $16,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$1,362,555$1,350,418$1,338,576$1,327,019$1,315,733$1,287,064
2 years$674,532$661,969$649,794$637,990$626,540$597,800
3 years$445,221$432,604$420,460$408,766$397,502$369,590
4 years$330,588$318,010$305,987$294,493$283,502$256,632
5 years$261,826$249,324$237,459$226,199$215,514$189,761
6 years$216,000$203,592$191,902$180,893$170,529$145,921
7 years$183,280$170,976$159,471$148,722$138,686$115,227
8 years$158,751$146,558$135,244$124,759$115,053$92,736
9 years$139,683$127,605$116,486$106,267$96,891$75,700
10 years$124,437$112,478$101,555$91,603$82,556$62,468
11 years$111,972$100,132$89,407$79,722$71,001$51,990
12 years$101,592$89,873$79,347$69,927$61,528$43,565
13 years$92,815$81,219$70,891$61,735$53,654$36,706
14 years$85,299$73,826$63,696$54,802$47,032$31,067
15 years$78,790$67,441$57,509$48,873$41,411$26,392
16 years$73,101$61,876$52,140$43,761$36,599$22,490
17 years$68,087$56,986$47,446$39,319$32,451$19,214
18 years$63,634$52,657$43,312$35,434$28,854$16,452
19 years$59,655$48,802$39,650$32,018$25,718$14,112
20 years$56,078$45,349$36,389$28,998$22,972$12,124
21 years$52,846$42,241$33,470$26,318$20,558$10,430
22 years$49,912$39,431$30,848$23,929$18,427$8,983
23 years$47,237$36,879$28,483$21,793$16,541$7,744
24 years$44,789$34,553$26,342$19,876$14,867$6,682
25 years$42,540$32,426$24,398$18,152$13,378$5,769
26 years$40,467$30,475$22,628$16,597$12,051$4,984
27 years$38,551$28,681$21,012$15,192$10,865$4,308
28 years$36,775$27,026$19,533$13,919$9,804$3,726
29 years$35,124$25,496$18,177$12,764$8,852$3,223
30 years$33,587$24,078$16,932$11,714$7,999$2,789
31 years$32,151$22,762$15,785$10,759$7,232$2,415
32 years$30,808$21,537$14,727$9,887$6,541$2,091
33 years$29,549$20,396$13,751$9,092$5,920$1,811
34 years$28,367$19,331$12,848$8,366$5,360$1,569
35 years$27,254$18,335$12,012$7,701$4,855$1,359
36 years$26,206$17,403$11,237$7,092$4,399$1,178
37 years$25,216$16,529$10,518$6,535$3,987$1,021
38 years$24,281$15,708$9,849$6,023$3,614$885
39 years$23,397$14,937$9,228$5,554$3,277$767
40 years$22,558$14,211$8,649$5,123$2,973$665
41 years$21,763$13,528$8,110$4,726$2,697$576
42 years$21,007$12,883$7,608$4,362$2,447$500
43 years$20,288$12,275$7,139$4,026$2,221$433
44 years$19,604$11,701$6,701$3,718$2,016$376
45 years$18,953$11,158$6,292$3,433$1,830$326
46 years$18,331$10,644$5,910$3,171$1,662$282
47 years$17,738$10,158$5,552$2,930$1,509$245
48 years$17,171$9,697$5,217$2,707$1,370$212
49 years$16,629$9,260$4,904$2,502$1,245$184
50 years$16,110$8,846$4,610$2,313$1,130$160

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 $4,141 every year, while hoping to spend $20,635 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: 47/24/29 Blend
44$16,500,000$16,500,000$16,500,000$16,500,000
45$18,187,271$17,312,771$17,057,021$18,890,527
46$20,020,418$18,139,142$17,606,476$20,214,534
47$22,039,853$19,005,313$18,173,646$21,648,585
48$24,264,558$19,913,212$18,759,103$23,204,941
49$26,715,446$20,864,864$19,363,436$24,895,121
50$29,415,566$21,862,387$19,987,256$26,731,779
51$32,390,316$22,908,005$20,631,191$28,728,817
52$35,667,682$24,004,052$21,295,890$30,901,513
53$39,278,507$25,152,971$21,982,023$33,266,658
54$43,256,776$26,357,328$22,690,283$35,842,707
55$47,639,943$27,619,813$23,421,383$38,649,951
56$52,469,278$28,943,245$24,176,060$41,710,695
57$57,790,263$30,330,582$24,955,076$45,049,470
58$63,653,015$31,784,926$25,759,217$48,693,250
59$70,112,764$33,309,529$26,589,292$52,671,703
60$77,230,373$34,907,803$27,446,140$57,017,461
61$85,072,910$36,583,324$28,330,625$61,766,421
62$93,714,285$38,339,845$29,243,639$66,958,077
63$103,235,944$40,181,300$30,186,103$72,635,879
64$113,727,641$42,111,814$31,158,968$78,847,638
65$125,288,282$44,135,714$32,163,215$85,645,965
66$138,026,861$46,257,539$33,199,857$93,088,760
67$152,063,490$48,482,047$34,269,941$101,239,743
68$167,530,528$50,814,230$35,374,547$110,169,050
69$184,573,836$53,259,321$36,514,788$119,953,879
70$203,354,150$55,822,811$37,691,816$130,679,210
71$224,048,601$58,510,455$38,906,819$142,438,591
72$246,852,383$61,328,293$40,161,023$155,335,009
73$271,980,602$64,282,655$41,455,693$169,481,848
74$299,670,302$67,380,184$42,792,137$185,003,948
75$330,182,703$70,627,843$44,171,704$202,038,763
76$363,805,669$74,032,937$45,595,786$220,737,646
77$400,856,424$77,603,128$47,065,822$241,267,258
78$441,684,547$81,346,449$48,583,294$263,811,130
79$486,675,272$85,271,327$50,149,737$288,571,369
80$536,253,127$89,386,599$51,766,730$315,770,555
81$590,885,938$93,701,534$53,435,908$345,653,817
82$651,089,248$98,225,854$55,158,955$378,491,127
83$717,431,184$102,969,753$56,937,612$414,579,830
84$790,537,818$107,943,924$58,773,675$454,247,424
85$871,099,081$113,159,582$60,668,999$497,854,632
86$959,875,275$118,628,489$62,625,498$545,798,779
87$1,057,704,250$124,362,982$64,645,149$598,517,520
88$1,165,509,313$130,375,998$66,729,991$656,492,941
89$1,284,307,949$136,681,107$68,882,132$720,256,086
90$1,415,221,421$143,292,543$71,103,744$790,391,938
91$1,559,485,360$150,225,232$73,397,074$867,544,909
92$1,718,461,428$157,494,830$75,764,438$952,424,896
93$1,893,650,176$165,117,758$78,208,228$1,045,813,945
94$2,086,705,204$173,111,239$80,730,914$1,148,573,598
95$2,299,448,781$181,493,335$83,335,046$1,261,652,993
96$2,533,889,041$190,282,993$86,023,254$1,386,097,782
97$2,792,238,947$199,500,084$88,798,257$1,523,059,963
98$3,076,937,180$209,165,449$91,662,859$1,673,808,716
99$3,390,671,164$219,300,947$94,619,956$1,839,742,335
100$3,736,402,435$229,929,506$97,672,537$2,022,401,389