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

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 $16,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$1,370,812$1,358,602$1,346,689$1,335,061$1,323,707$1,272,192
2 years$678,620$665,981$653,733$641,856$630,337$579,059
3 years$447,919$435,226$423,008$411,244$399,912$350,485
4 years$332,592$319,937$307,842$296,278$285,220$238,021
5 years$263,413$250,835$238,898$227,570$216,820$171,968
6 years$217,309$204,825$193,065$181,989$171,562$129,089
7 years$184,391$172,012$160,438$149,624$139,526$99,416
8 years$159,713$147,446$136,064$125,515$115,750$77,964
9 years$140,529$128,378$117,192$106,911$97,479$61,961
10 years$125,192$113,159$102,171$92,159$83,057$49,740
11 years$112,651$100,739$89,949$80,206$71,431$40,239
12 years$102,207$90,418$79,828$70,351$61,901$32,751
13 years$93,377$81,711$71,321$62,109$53,979$26,785
14 years$85,816$74,273$64,082$55,134$47,318$21,990
15 years$79,268$67,850$57,857$49,170$41,662$18,109
16 years$73,544$62,251$52,456$44,026$36,821$14,951
17 years$68,499$57,331$47,733$39,557$32,648$12,369
18 years$64,020$52,976$43,574$35,649$29,029$10,250
19 years$60,017$49,098$39,890$32,212$25,874$8,506
20 years$56,418$45,624$36,609$29,174$23,111$7,067
21 years$53,167$42,497$33,673$26,477$20,682$5,876
22 years$50,215$39,670$31,035$24,074$18,539$4,890
23 years$47,523$37,102$28,656$21,925$16,641$4,072
24 years$45,060$34,762$26,501$19,996$14,958$3,393
25 years$42,797$32,623$24,546$18,262$13,460$2,828
26 years$40,712$30,660$22,765$16,698$12,124$2,359
27 years$38,785$28,855$21,139$15,284$10,931$1,967
28 years$36,998$27,190$19,652$14,003$9,863$1,641
29 years$35,337$25,650$18,288$12,841$8,906$1,370
30 years$33,790$24,224$17,034$11,785$8,047$1,143
31 years$32,346$22,900$15,880$10,824$7,275$954
32 years$30,995$21,668$14,817$9,947$6,581$797
33 years$29,728$20,520$13,834$9,147$5,956$665
34 years$28,538$19,448$12,926$8,416$5,392$556
35 years$27,419$18,446$12,085$7,748$4,884$464
36 years$26,365$17,508$11,305$7,135$4,425$388
37 years$25,369$16,629$10,582$6,574$4,011$324
38 years$24,429$15,803$9,909$6,060$3,636$270
39 years$23,538$15,027$9,284$5,587$3,297$226
40 years$22,695$14,297$8,702$5,154$2,991$189
41 years$21,894$13,610$8,159$4,755$2,713$158
42 years$21,134$12,961$7,654$4,388$2,462$132
43 years$20,411$12,350$7,182$4,051$2,234$110
44 years$19,723$11,772$6,742$3,740$2,028$92
45 years$19,067$11,225$6,330$3,454$1,841$77
46 years$18,442$10,709$5,945$3,191$1,672$64
47 years$17,845$10,219$5,586$2,948$1,518$54
48 years$17,275$9,756$5,249$2,724$1,379$45
49 years$16,729$9,316$4,934$2,517$1,252$37
50 years$16,207$8,899$4,638$2,327$1,137$31

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 $4,291 every year, while hoping to spend $21,778 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: 63/22/15 Blend
44$16,600,000$16,600,000$16,600,000$16,600,000
45$18,297,626$17,417,826$17,160,526$19,382,952
46$20,140,812$18,248,128$17,712,232$20,941,957
47$22,171,274$19,118,385$18,281,690$22,640,802
48$24,408,089$20,030,531$18,869,473$24,495,420
49$26,872,283$20,986,596$19,476,169$26,520,967
50$29,587,024$21,988,707$20,102,388$28,734,114
51$32,577,842$23,039,096$20,748,760$31,153,198
52$35,872,871$24,140,100$21,415,933$33,798,392
53$39,503,114$25,294,175$22,104,577$36,691,889
54$43,502,735$26,503,893$22,815,383$39,858,110
55$47,909,382$27,771,952$23,549,066$43,323,925
56$52,764,541$29,101,180$24,306,363$47,118,904
57$58,113,932$30,494,545$25,088,033$51,275,591
58$64,007,934$31,955,159$25,894,863$55,829,803
59$70,502,065$33,486,283$26,727,663$60,820,961
60$77,657,505$35,091,341$27,587,269$66,292,459
61$85,541,673$36,773,919$28,474,545$72,292,068
62$94,228,864$38,537,782$29,390,383$78,872,372
63$103,800,950$40,386,874$30,335,702$86,091,266
64$114,348,152$42,325,336$31,311,453$94,012,489
65$125,969,892$44,357,507$32,318,616$102,706,221
66$138,775,735$46,487,938$33,358,203$112,249,733
67$152,886,416$48,721,403$34,431,259$122,728,113
68$168,434,987$51,062,909$35,538,863$134,235,055
69$185,568,068$53,517,703$36,682,127$146,873,735
70$204,447,234$56,091,293$37,862,201$160,757,778
71$225,250,538$58,789,453$39,080,271$176,012,315
72$248,174,194$61,618,237$40,337,561$192,775,158
73$273,434,428$64,583,998$41,635,336$211,198,085
74$301,269,520$67,693,394$42,974,900$231,448,263
75$331,942,051$70,953,411$44,357,600$253,709,814
76$365,741,387$74,371,374$45,784,826$278,185,538
77$402,986,405$77,954,968$47,258,013$305,098,814
78$444,028,505$81,712,248$48,778,643$334,695,696
79$489,254,930$85,651,665$50,348,246$367,247,218
80$539,092,419$89,782,083$51,968,398$403,051,938
81$594,011,237$94,112,797$53,640,731$442,438,740
82$654,529,613$98,653,554$55,366,925$485,769,920
83$721,218,635$103,414,579$57,148,718$533,444,590
84$794,707,637$108,406,595$58,987,902$585,902,426
85$875,690,145$113,640,847$60,886,326$643,627,796
86$964,930,423$119,129,131$62,845,900$707,154,316
87$1,063,270,685$124,883,818$64,868,597$777,069,864
88$1,171,639,051$130,917,881$66,956,451$854,022,105
89$1,291,058,304$137,244,928$69,111,563$938,724,583
90$1,422,655,552$143,879,230$71,336,101$1,031,963,434
91$1,567,672,863$150,835,757$73,632,305$1,134,604,776
92$1,727,478,992$158,130,206$76,002,484$1,247,602,865
93$1,903,582,306$165,779,043$78,449,024$1,372,009,069
94$2,097,645,023$173,799,537$80,974,388$1,508,981,766
95$2,311,498,902$182,209,802$83,581,117$1,659,797,248
96$2,547,162,541$191,028,833$86,271,835$1,825,861,738
97$2,806,860,429$200,276,555$89,049,251$2,008,724,628
98$3,093,043,953$209,973,866$91,916,161$2,210,093,073
99$3,408,414,534$220,142,684$94,875,450$2,431,848,070
100$3,755,949,138$230,805,996$97,930,099$2,676,062,173