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%12.4%
1 years$1,362,555$1,350,418$1,338,576$1,327,019$1,315,733$1,302,535
2 years$674,532$661,969$649,794$637,990$626,540$613,246
3 years$445,221$432,604$420,460$408,766$397,502$384,526
4 years$330,588$318,010$305,987$294,493$283,502$270,943
5 years$261,826$249,324$237,459$226,199$215,514$203,409
6 years$216,000$203,592$191,902$180,893$170,529$158,893
7 years$183,280$170,976$159,471$148,722$138,686$127,524
8 years$158,751$146,558$135,244$124,759$115,053$104,365
9 years$139,683$127,605$116,486$106,267$96,891$86,673
10 years$124,437$112,478$101,555$91,603$82,556$72,801
11 years$111,972$100,132$89,407$79,722$71,001$61,701
12 years$101,592$89,873$79,347$69,927$61,528$52,675
13 years$92,815$81,219$70,891$61,735$53,654$45,236
14 years$85,299$73,826$63,696$54,802$47,032$39,039
15 years$78,790$67,441$57,509$48,873$41,411$33,830
16 years$73,101$61,876$52,140$43,761$36,599$29,418
17 years$68,087$56,986$47,446$39,319$32,451$25,657
18 years$63,634$52,657$43,312$35,434$28,854$22,434
19 years$59,655$48,802$39,650$32,018$25,718$19,658
20 years$56,078$45,349$36,389$28,998$22,972$17,257
21 years$52,846$42,241$33,470$26,318$20,558$15,175
22 years$49,912$39,431$30,848$23,929$18,427$13,362
23 years$47,237$36,879$28,483$21,793$16,541$11,780
24 years$44,789$34,553$26,342$19,876$14,867$10,397
25 years$42,540$32,426$24,398$18,152$13,378$9,185
26 years$40,467$30,475$22,628$16,597$12,051$8,121
27 years$38,551$28,681$21,012$15,192$10,865$7,185
28 years$36,775$27,026$19,533$13,919$9,804$6,361
29 years$35,124$25,496$18,177$12,764$8,852$5,635
30 years$33,587$24,078$16,932$11,714$7,999$4,994
31 years$32,151$22,762$15,785$10,759$7,232$4,428
32 years$30,808$21,537$14,727$9,887$6,541$3,928
33 years$29,549$20,396$13,751$9,092$5,920$3,485
34 years$28,367$19,331$12,848$8,366$5,360$3,093
35 years$27,254$18,335$12,012$7,701$4,855$2,746
36 years$26,206$17,403$11,237$7,092$4,399$2,439
37 years$25,216$16,529$10,518$6,535$3,987$2,166
38 years$24,281$15,708$9,849$6,023$3,614$1,924
39 years$23,397$14,937$9,228$5,554$3,277$1,710
40 years$22,558$14,211$8,649$5,123$2,973$1,519
41 years$21,763$13,528$8,110$4,726$2,697$1,350
42 years$21,007$12,883$7,608$4,362$2,447$1,200
43 years$20,288$12,275$7,139$4,026$2,221$1,067
44 years$19,604$11,701$6,701$3,718$2,016$948
45 years$18,953$11,158$6,292$3,433$1,830$843
46 years$18,331$10,644$5,910$3,171$1,662$750
47 years$17,738$10,158$5,552$2,930$1,509$667
48 years$17,171$9,697$5,217$2,707$1,370$593
49 years$16,629$9,260$4,904$2,502$1,245$527
50 years$16,110$8,846$4,610$2,313$1,130$469

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 $5,237 every year, while hoping to spend $33,077 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: 65/14/21 Blend
44$16,500,000$16,500,000$16,500,000$16,500,000
45$18,188,402$17,313,902$17,058,152$19,272,855
46$20,008,425$18,127,089$17,594,406$20,815,604
47$22,012,982$18,979,015$18,147,517$22,496,715
48$24,220,861$19,871,541$18,718,013$24,333,204
49$26,652,763$20,806,621$19,306,441$26,340,306
50$29,331,503$21,786,303$19,913,365$28,534,784
51$32,282,219$22,812,735$20,539,365$30,935,089
52$35,532,614$23,888,167$21,185,042$33,561,523
53$39,113,214$25,014,960$21,851,014$36,436,434
54$43,057,657$26,195,589$22,537,919$39,584,419
55$47,403,013$27,432,648$23,246,414$43,032,554
56$52,190,130$28,728,857$23,977,178$46,810,645
57$57,464,021$30,087,069$24,730,911$50,951,508
58$63,274,289$31,510,273$25,508,335$55,491,268
59$69,675,596$33,001,606$26,310,194$60,469,703
60$76,728,178$34,564,356$27,137,256$65,930,607
61$84,498,411$36,201,969$27,990,314$71,922,205
62$93,059,444$37,918,059$28,870,184$78,497,602
63$102,491,880$39,716,417$29,777,708$85,715,273
64$112,884,547$41,601,017$30,713,756$93,639,619
65$124,335,328$43,576,024$31,679,224$102,341,559
66$136,952,091$45,645,808$32,675,038$111,899,201
67$150,853,702$47,814,951$33,702,149$122,398,569
68$166,171,150$50,088,255$34,761,542$133,934,411
69$183,048,786$52,470,757$35,854,232$146,611,084
70$201,645,678$54,967,740$36,981,265$160,543,531
71$222,137,119$57,584,741$38,143,719$175,858,364
72$244,716,280$60,327,569$39,342,709$192,695,044
73$269,596,032$63,202,311$40,579,381$211,207,196
74$297,010,958$66,215,355$41,854,921$231,564,045
75$327,219,565$69,373,397$43,170,550$253,952,009
76$360,506,724$72,683,457$44,527,527$278,576,447
77$397,186,363$76,152,899$45,927,152$305,663,588
78$437,604,425$79,789,444$47,370,765$335,462,656
79$482,142,139$83,601,189$48,859,748$368,248,214
80$531,219,615$87,596,625$50,395,527$404,322,745
81$585,299,811$91,784,655$51,979,572$444,019,492
82$644,892,904$96,174,616$53,613,400$487,705,596
83$710,561,107$100,776,299$55,298,576$535,785,546
84$782,923,975$105,599,972$57,036,713$588,704,989
85$862,664,252$110,656,402$58,829,475$646,954,918
86$950,534,321$115,956,882$60,678,578$711,076,296
87$1,047,363,305$121,513,252$62,585,793$781,665,145
88$1,154,064,891$127,337,931$64,552,946$859,378,162
89$1,271,645,961$133,443,940$66,581,921$944,938,896
90$1,401,216,093$139,844,937$68,674,659$1,039,144,567
91$1,543,998,039$146,555,243$70,833,165$1,142,873,569
92$1,701,339,267$153,589,879$73,059,504$1,257,093,751
93$1,874,724,684$160,964,594$75,355,809$1,382,871,524
94$2,065,790,651$168,695,909$77,724,278$1,521,381,920
95$2,276,340,434$176,801,145$80,167,178$1,673,919,653
96$2,508,361,228$185,298,471$82,686,848$1,841,911,328
97$2,764,042,916$194,206,938$85,285,700$2,026,928,880
98$3,045,798,745$203,546,530$87,966,222$2,230,704,392
99$3,356,288,107$213,338,199$90,730,981$2,455,146,421
100$3,698,441,647$223,603,925$93,582,622$2,702,357,993