Can I retire at age 45 with 16,600,000?

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 $16,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$1,370,812$1,358,602$1,346,689$1,335,061$1,323,707$1,272,696
2 years$678,620$665,981$653,733$641,856$630,337$579,552
3 years$447,919$435,226$423,008$411,244$399,912$350,951
4 years$332,592$319,937$307,842$296,278$285,220$238,458
5 years$263,413$250,835$238,898$227,570$216,820$172,375
6 years$217,309$204,825$193,065$181,989$171,562$129,465
7 years$184,391$172,012$160,438$149,624$139,526$99,763
8 years$159,713$147,446$136,064$125,515$115,750$78,283
9 years$140,529$128,378$117,192$106,911$97,479$62,253
10 years$125,192$113,159$102,171$92,159$83,057$50,006
11 years$112,651$100,739$89,949$80,206$71,431$40,481
12 years$102,207$90,418$79,828$70,351$61,901$32,970
13 years$93,377$81,711$71,321$62,109$53,979$26,982
14 years$85,816$74,273$64,082$55,134$47,318$22,168
15 years$79,268$67,850$57,857$49,170$41,662$18,269
16 years$73,544$62,251$52,456$44,026$36,821$15,094
17 years$68,499$57,331$47,733$39,557$32,648$12,496
18 years$64,020$52,976$43,574$35,649$29,029$10,363
19 years$60,017$49,098$39,890$32,212$25,874$8,606
20 years$56,418$45,624$36,609$29,174$23,111$7,155
21 years$53,167$42,497$33,673$26,477$20,682$5,955
22 years$50,215$39,670$31,035$24,074$18,539$4,960
23 years$47,523$37,102$28,656$21,925$16,641$4,133
24 years$45,060$34,762$26,501$19,996$14,958$3,447
25 years$42,797$32,623$24,546$18,262$13,460$2,875
26 years$40,712$30,660$22,765$16,698$12,124$2,400
27 years$38,785$28,855$21,139$15,284$10,931$2,003
28 years$36,998$27,190$19,652$14,003$9,863$1,673
29 years$35,337$25,650$18,288$12,841$8,906$1,397
30 years$33,790$24,224$17,034$11,785$8,047$1,167
31 years$32,346$22,900$15,880$10,824$7,275$975
32 years$30,995$21,668$14,817$9,947$6,581$815
33 years$29,728$20,520$13,834$9,147$5,956$681
34 years$28,538$19,448$12,926$8,416$5,392$569
35 years$27,419$18,446$12,085$7,748$4,884$476
36 years$26,365$17,508$11,305$7,135$4,425$398
37 years$25,369$16,629$10,582$6,574$4,011$332
38 years$24,429$15,803$9,909$6,060$3,636$278
39 years$23,538$15,027$9,284$5,587$3,297$232
40 years$22,695$14,297$8,702$5,154$2,991$194
41 years$21,894$13,610$8,159$4,755$2,713$162
42 years$21,134$12,961$7,654$4,388$2,462$136
43 years$20,411$12,350$7,182$4,051$2,234$113
44 years$19,723$11,772$6,742$3,740$2,028$95
45 years$19,067$11,225$6,330$3,454$1,841$79
46 years$18,442$10,709$5,945$3,191$1,672$66
47 years$17,845$10,219$5,586$2,948$1,518$55
48 years$17,275$9,756$5,249$2,724$1,379$46
49 years$16,729$9,316$4,934$2,517$1,252$39
50 years$16,207$8,899$4,638$2,327$1,137$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $16,600,000, adding $3,256 every year, while hoping to spend $28,946 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: 54/23/23 Blend
44$16,600,000$16,600,000$16,600,000$16,600,000
45$18,296,559$17,416,759$17,159,459$19,168,698
46$20,132,009$18,239,381$17,703,502$20,591,263
47$22,153,706$19,101,343$18,264,801$22,135,795
48$24,380,614$20,004,539$18,843,903$23,816,628
49$26,833,636$20,950,960$19,441,372$25,646,813
50$29,535,800$21,942,691$20,057,792$27,640,697
51$32,512,488$22,981,919$20,693,763$29,814,053
52$35,791,664$24,070,935$21,349,907$32,184,225
53$39,404,148$25,212,145$22,026,863$34,770,284
54$43,383,900$26,408,069$22,725,292$37,593,204
55$47,768,343$27,661,350$23,445,874$40,676,056
56$52,598,717$28,974,759$24,189,314$44,044,216
57$57,920,466$30,351,202$24,956,336$47,725,599
58$63,783,669$31,793,726$25,747,689$51,750,922
59$70,243,511$33,305,527$26,564,144$56,153,976
60$77,360,805$34,889,954$27,406,499$60,971,950
61$85,202,566$36,550,520$28,275,575$66,245,764
62$93,842,641$38,290,909$29,172,220$72,020,455
63$103,362,410$40,114,983$30,097,310$78,345,590
64$113,851,552$42,026,794$31,051,746$85,275,727
65$125,408,891$44,030,587$32,036,460$92,870,921
66$138,143,330$46,130,818$33,052,414$101,197,281
67$152,174,878$48,332,157$34,100,598$110,327,583
68$167,635,783$50,639,500$35,182,035$120,341,952
69$184,671,781$53,057,983$36,297,781$131,328,602
70$203,443,471$55,592,992$37,448,925$143,384,660
71$224,127,831$58,250,175$38,636,590$156,617,072
72$246,919,889$61,035,453$39,861,935$171,143,601
73$272,034,564$63,955,036$41,126,156$187,093,922
74$299,708,695$67,015,438$42,430,488$204,610,839
75$330,203,275$70,223,488$43,776,202$223,851,614
76$363,805,917$73,586,347$45,164,614$244,989,441
77$400,833,569$77,111,527$46,597,077$268,215,062
78$441,635,505$80,806,903$48,074,990$293,738,556
79$486,596,620$84,680,735$49,599,796$321,791,304
80$536,141,070$88,741,685$51,172,983$352,628,155
81$590,736,268$92,998,837$52,796,088$386,529,815
82$650,897,304$97,461,717$54,470,694$423,805,478
83$717,191,803$102,140,315$56,198,436$464,795,727
84$790,245,285$107,045,108$57,981,001$509,875,723
85$870,747,069$112,187,084$59,820,129$559,458,732
86$959,456,783$117,577,764$61,717,617$614,000,001
87$1,057,211,533$123,229,233$63,675,316$674,001,032
88$1,164,933,808$129,154,164$65,695,137$740,014,289
89$1,283,640,187$135,365,848$67,779,054$812,648,395
90$1,414,450,934$141,878,223$69,929,101$892,573,845
91$1,558,600,580$148,705,907$72,147,377$980,529,308
92$1,717,449,573$155,864,230$74,436,048$1,077,328,574
93$1,892,497,123$163,369,271$76,797,349$1,183,868,204
94$2,085,395,356$171,237,891$79,233,586$1,301,135,961
95$2,297,964,909$179,487,775$81,747,138$1,430,220,102
96$2,532,212,123$188,137,468$84,340,460$1,572,319,619
97$2,790,347,978$197,206,423$87,016,084$1,728,755,519
98$3,074,808,972$206,715,038$89,776,623$1,900,983,254
99$3,388,280,121$216,684,709$92,624,774$2,090,606,428
100$3,733,720,307$227,137,873$95,563,318$2,299,391,887