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%13.2%
1 years$1,370,812$1,358,602$1,346,689$1,335,061$1,323,707$1,306,084
2 years$678,620$665,981$653,733$641,856$630,337$612,610
3 years$447,919$435,226$423,008$411,244$399,912$382,632
4 years$332,592$319,937$307,842$296,278$285,220$268,521
5 years$263,413$250,835$238,898$227,570$216,820$200,749
6 years$217,309$204,825$193,065$181,989$171,562$156,140
7 years$184,391$172,012$160,438$149,624$139,526$124,757
8 years$159,713$147,446$136,064$125,515$115,750$101,634
9 years$140,529$128,378$117,192$106,911$97,479$84,007
10 years$125,192$113,159$102,171$92,159$83,057$70,222
11 years$112,651$100,739$89,949$80,206$71,431$59,220
12 years$102,207$90,418$79,828$70,351$61,901$50,300
13 years$93,377$81,711$71,321$62,109$53,979$42,973
14 years$85,816$74,273$64,082$55,134$47,318$36,890
15 years$79,268$67,850$57,857$49,170$41,662$31,795
16 years$73,544$62,251$52,456$44,026$36,821$27,496
17 years$68,499$57,331$47,733$39,557$32,648$23,846
18 years$64,020$52,976$43,574$35,649$29,029$20,731
19 years$60,017$49,098$39,890$32,212$25,874$18,061
20 years$56,418$45,624$36,609$29,174$23,111$15,762
21 years$53,167$42,497$33,673$26,477$20,682$13,777
22 years$50,215$39,670$31,035$24,074$18,539$12,058
23 years$47,523$37,102$28,656$21,925$16,641$10,566
24 years$45,060$34,762$26,501$19,996$14,958$9,268
25 years$42,797$32,623$24,546$18,262$13,460$8,136
26 years$40,712$30,660$22,765$16,698$12,124$7,148
27 years$38,785$28,855$21,139$15,284$10,931$6,284
28 years$36,998$27,190$19,652$14,003$9,863$5,528
29 years$35,337$25,650$18,288$12,841$8,906$4,865
30 years$33,790$24,224$17,034$11,785$8,047$4,284
31 years$32,346$22,900$15,880$10,824$7,275$3,773
32 years$30,995$21,668$14,817$9,947$6,581$3,325
33 years$29,728$20,520$13,834$9,147$5,956$2,930
34 years$28,538$19,448$12,926$8,416$5,392$2,584
35 years$27,419$18,446$12,085$7,748$4,884$2,278
36 years$26,365$17,508$11,305$7,135$4,425$2,010
37 years$25,369$16,629$10,582$6,574$4,011$1,773
38 years$24,429$15,803$9,909$6,060$3,636$1,564
39 years$23,538$15,027$9,284$5,587$3,297$1,380
40 years$22,695$14,297$8,702$5,154$2,991$1,218
41 years$21,894$13,610$8,159$4,755$2,713$1,075
42 years$21,134$12,961$7,654$4,388$2,462$949
43 years$20,411$12,350$7,182$4,051$2,234$838
44 years$19,723$11,772$6,742$3,740$2,028$740
45 years$19,067$11,225$6,330$3,454$1,841$653
46 years$18,442$10,709$5,945$3,191$1,672$577
47 years$17,845$10,219$5,586$2,948$1,518$509
48 years$17,275$9,756$5,249$2,724$1,379$450
49 years$16,729$9,316$4,934$2,517$1,252$397
50 years$16,207$8,899$4,638$2,327$1,137$351

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 $5,872 every year, while hoping to spend $33,510 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: 40/46/14 Blend
44$16,600,000$16,600,000$16,600,000$16,600,000
45$18,299,257$17,419,457$17,162,157$18,954,678
46$20,130,127$18,237,356$17,701,435$20,237,260
47$22,146,622$19,094,209$18,257,655$21,620,153
48$24,367,642$19,991,889$18,831,351$23,115,432
49$26,814,010$20,932,361$19,423,070$24,733,303
50$29,508,676$21,917,683$20,033,379$26,484,959
51$32,476,926$22,950,014$20,662,863$28,382,671
52$35,746,625$24,031,618$21,312,122$30,439,902
53$39,348,482$25,164,868$21,981,779$32,671,424
54$43,316,332$26,352,252$22,672,473$35,093,444
55$47,687,464$27,596,378$23,384,867$37,723,753
56$52,502,966$28,899,982$24,119,641$40,581,883
57$57,808,118$30,265,931$24,877,499$43,689,278
58$63,652,816$31,697,231$25,659,165$47,069,487
59$70,092,044$33,197,036$26,465,387$50,748,378
60$77,186,392$34,768,650$27,296,937$54,754,364
61$85,002,630$36,415,540$28,154,610$59,118,667
62$93,614,335$38,141,338$29,039,227$63,875,590
63$103,102,590$39,949,857$29,951,634$69,062,837
64$113,556,744$41,845,089$30,892,704$74,721,847
65$125,075,259$43,831,226$31,863,336$80,898,173
66$137,766,638$45,912,658$32,864,460$87,641,897
67$151,750,449$48,093,993$33,897,034$95,008,087
68$167,158,455$50,380,058$34,962,044$103,057,297
69$184,135,855$52,775,919$36,060,511$111,856,122
70$202,842,658$55,286,885$37,193,484$121,477,808
71$223,455,191$57,918,524$38,362,047$132,002,924
72$246,167,764$60,676,675$39,567,319$143,520,101
73$271,194,503$63,567,459$40,810,452$156,126,847
74$298,771,375$66,597,298$42,092,634$169,930,446
75$329,158,412$69,772,921$43,415,094$185,048,946
76$362,642,165$73,101,390$44,779,095$201,612,249
77$399,538,414$76,590,106$46,185,943$219,763,311
78$440,195,142$80,246,832$47,636,982$239,659,464
79$484,995,827$84,079,707$49,133,601$261,473,873
80$534,363,057$88,097,267$50,677,232$285,397,142
81$588,762,519$92,308,465$52,269,350$311,639,079
82$648,707,402$96,722,685$53,911,479$340,430,647
83$714,763,233$101,349,772$55,605,189$372,026,108
84$787,553,220$106,200,048$57,352,100$406,705,388
85$867,764,136$111,284,338$59,153,883$444,776,681
86$956,152,800$116,613,994$61,012,261$486,579,322
87$1,053,553,226$122,200,919$62,929,012$532,486,943
88$1,160,884,489$128,057,598$64,905,968$582,910,964
89$1,279,159,409$134,197,123$66,945,020$638,304,427
90$1,409,494,110$140,633,223$69,048,119$699,166,225
91$1,553,118,553$147,380,295$71,217,276$766,045,767
92$1,711,388,156$154,453,439$73,454,564$839,548,104
93$1,885,796,580$161,868,490$75,762,125$920,339,596
94$2,077,989,839$169,642,054$78,142,163$1,009,154,136
95$2,289,781,833$177,791,546$80,596,957$1,106,800,025
96$2,523,171,478$186,335,229$83,128,852$1,214,167,538
97$2,780,361,570$195,292,257$85,740,271$1,332,237,262
98$3,063,779,591$204,682,718$88,433,710$1,462,089,284
99$3,376,100,615$214,527,677$91,211,745$1,604,913,315
100$3,720,272,572$224,849,228$94,077,033$1,762,019,849