Can I retire at age 45 with 16,700,000?

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 $16,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$1,379,070$1,366,786$1,354,802$1,343,104$1,331,681$1,284,943
2 years$682,708$669,993$657,671$645,723$634,134$587,537
3 years$450,618$437,848$425,556$413,721$402,321$357,329
4 years$334,595$321,865$309,696$298,063$286,938$243,896
5 years$265,000$252,346$240,337$228,941$218,126$177,145
6 years$218,618$206,059$194,228$183,086$172,596$133,709
7 years$185,501$173,048$161,404$150,525$140,367$103,565
8 years$160,675$148,334$136,884$126,272$116,448$81,702
9 years$141,376$129,152$117,898$107,555$98,066$65,331
10 years$125,946$113,841$102,786$92,714$83,557$52,778
11 years$113,329$101,346$90,491$80,689$71,862$42,976
12 years$102,823$90,963$80,309$70,775$62,274$35,214
13 years$93,940$82,204$71,750$62,484$54,304$28,997
14 years$86,333$74,721$64,468$55,466$47,603$23,973
15 years$79,745$68,259$58,206$49,466$41,913$19,884
16 years$73,987$62,626$52,772$44,291$37,043$16,535
17 years$68,912$57,676$48,021$39,795$32,845$13,781
18 years$64,405$53,296$43,837$35,864$29,204$11,506
19 years$60,378$49,394$40,130$32,406$26,030$9,621
20 years$56,758$45,899$36,830$29,350$23,251$8,054
21 years$53,487$42,753$33,876$26,637$20,807$6,750
22 years$50,517$39,909$31,222$24,219$18,650$5,661
23 years$47,810$37,326$28,828$22,057$16,742$4,752
24 years$45,332$34,972$26,661$20,117$15,048$3,991
25 years$43,055$32,819$24,694$18,372$13,541$3,353
26 years$40,957$30,845$22,902$16,798$12,197$2,819
27 years$39,018$29,029$21,267$15,376$10,997$2,370
28 years$37,221$27,353$19,770$14,088$9,922$1,994
29 years$35,550$25,805$18,398$12,919$8,960$1,678
30 years$33,994$24,370$17,137$11,856$8,096$1,412
31 years$32,541$23,038$15,976$10,889$7,319$1,188
32 years$31,182$21,798$14,906$10,007$6,621$1,000
33 years$29,907$20,643$13,918$9,202$5,992$842
34 years$28,710$19,565$13,004$8,467$5,425$709
35 years$27,584$18,557$12,158$7,794$4,914$597
36 years$26,523$17,614$11,373$7,178$4,452$503
37 years$25,522$16,729$10,645$6,614$4,035$423
38 years$24,576$15,898$9,969$6,096$3,658$357
39 years$23,680$15,118$9,340$5,621$3,317$300
40 years$22,832$14,383$8,754$5,185$3,009$253
41 years$22,026$13,692$8,209$4,783$2,730$213
42 years$21,262$13,039$7,700$4,415$2,477$180
43 years$20,534$12,424$7,225$4,075$2,248$151
44 years$19,842$11,843$6,782$3,763$2,040$127
45 years$19,182$11,293$6,368$3,475$1,852$107
46 years$18,553$10,773$5,981$3,210$1,682$90
47 years$17,953$10,281$5,619$2,966$1,527$76
48 years$17,379$9,814$5,281$2,740$1,387$64
49 years$16,830$9,372$4,963$2,533$1,260$54
50 years$16,305$8,953$4,666$2,341$1,144$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $16,700,000, adding $4,191 every year, while hoping to spend $42,837 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: 58/36/6 Blend
44$16,700,000$16,700,000$16,700,000$16,700,000
45$18,407,723$17,522,623$17,263,773$19,452,909
46$20,239,733$18,335,653$17,796,531$20,967,858
47$22,257,171$19,187,086$18,345,701$22,613,027
48$24,478,908$20,078,759$18,911,787$24,405,023
49$26,925,734$21,012,595$19,495,310$26,357,895
50$29,620,561$21,990,614$20,096,804$28,487,082
51$32,588,634$23,014,931$20,716,824$30,809,555
52$35,857,775$24,087,763$21,355,937$33,343,966
53$39,458,639$25,211,433$22,014,732$36,110,826
54$43,425,006$26,388,380$22,693,812$39,132,682
55$47,794,104$27,621,158$23,393,801$42,434,332
56$52,606,951$28,912,443$24,115,342$46,043,045
57$57,908,751$30,265,044$24,859,097$49,988,814
58$63,749,315$31,681,903$25,625,749$54,304,630
59$70,183,534$33,166,104$26,416,000$59,026,787
60$77,271,894$34,720,883$27,230,576$64,195,212
61$85,081,051$36,349,630$28,070,223$69,853,833
62$93,684,456$38,055,899$28,935,713$76,050,990
63$103,163,049$39,843,418$29,827,839$82,839,873
64$113,606,027$41,716,092$30,747,418$90,279,018
65$125,111,680$43,678,018$31,695,294$98,432,848
66$137,788,320$45,733,490$32,672,336$107,372,269
67$151,755,309$47,887,011$33,679,439$117,175,326
68$167,144,177$50,143,301$34,717,527$127,927,929
69$184,099,868$52,507,308$35,787,549$139,724,648
70$202,782,111$54,984,222$36,890,488$152,669,596
71$223,366,919$57,579,483$38,027,353$166,877,392
72$246,048,261$60,298,793$39,199,185$182,474,230
73$271,039,884$63,148,135$40,407,058$199,599,054
74$298,577,336$66,133,777$41,652,078$218,404,855
75$328,920,186$69,262,294$42,935,385$239,060,092
76$362,354,478$72,540,579$44,258,153$261,750,268
77$399,195,427$75,975,860$45,621,594$286,679,663
78$439,790,398$79,575,714$47,026,954$314,073,236
79$484,522,183$83,348,088$48,475,522$344,178,734
80$533,812,614$87,301,314$49,968,620$377,269,004
81$588,126,548$91,444,126$51,507,617$413,644,547
82$647,976,253$95,785,684$53,093,918$453,636,332
83$713,926,242$100,335,594$54,728,976$497,608,891
84$786,598,608$105,103,927$56,414,286$545,963,736
85$866,678,889$110,101,243$58,151,387$599,143,120
86$954,922,546$115,338,614$59,941,870$657,634,184
87$1,052,162,093$120,827,653$61,787,369$721,973,524
88$1,159,314,952$126,580,534$63,689,572$792,752,223
89$1,277,392,122$132,610,025$65,650,217$870,621,399
90$1,407,507,715$138,929,513$67,671,096$956,298,317
91$1,550,889,478$145,553,035$69,754,054$1,050,573,119
92$1,708,890,385$152,495,314$71,900,995$1,154,316,249
93$1,883,001,405$159,771,785$74,113,878$1,268,486,627
94$2,074,865,581$167,398,635$76,394,726$1,394,140,659
95$2,286,293,541$175,392,839$78,745,621$1,532,442,166
96$2,519,280,591$183,772,197$81,168,707$1,684,673,322
97$2,776,025,551$192,555,374$83,666,199$1,852,246,712
98$3,058,951,514$201,761,945$86,240,373$2,036,718,615
99$3,370,728,723$211,412,435$88,893,581$2,239,803,641
100$3,714,299,779$221,528,370$91,628,242$2,463,390,860