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

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 $16,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$1,379,070$1,366,786$1,354,802$1,343,104$1,331,681$1,292,679
2 years$682,708$669,993$657,671$645,723$634,134$595,156
3 years$450,618$437,848$425,556$413,721$402,321$364,589
4 years$334,595$321,865$309,696$298,063$286,938$250,742
5 years$265,000$252,346$240,337$228,941$218,126$183,563
6 years$218,618$206,059$194,228$183,086$172,596$139,698
7 years$185,501$173,048$161,404$150,525$140,367$109,133
8 years$160,675$148,334$136,884$126,272$116,448$86,860
9 years$141,376$129,152$117,898$107,555$98,066$70,094
10 years$125,946$113,841$102,786$92,714$83,557$57,162
11 years$113,329$101,346$90,491$80,689$71,862$47,000
12 years$102,823$90,963$80,309$70,775$62,274$38,896
13 years$93,940$82,204$71,750$62,484$54,304$32,357
14 years$86,333$74,721$64,468$55,466$47,603$27,031
15 years$79,745$68,259$58,206$49,466$41,913$22,660
16 years$73,987$62,626$52,772$44,291$37,043$19,049
17 years$68,912$57,676$48,021$39,795$32,845$16,052
18 years$64,405$53,296$43,837$35,864$29,204$13,552
19 years$60,378$49,394$40,130$32,406$26,030$11,461
20 years$56,758$45,899$36,830$29,350$23,251$9,706
21 years$53,487$42,753$33,876$26,637$20,807$8,229
22 years$50,517$39,909$31,222$24,219$18,650$6,983
23 years$47,810$37,326$28,828$22,057$16,742$5,931
24 years$45,332$34,972$26,661$20,117$15,048$5,041
25 years$43,055$32,819$24,694$18,372$13,541$4,287
26 years$40,957$30,845$22,902$16,798$12,197$3,647
27 years$39,018$29,029$21,267$15,376$10,997$3,105
28 years$37,221$27,353$19,770$14,088$9,922$2,643
29 years$35,550$25,805$18,398$12,919$8,960$2,252
30 years$33,994$24,370$17,137$11,856$8,096$1,918
31 years$32,541$23,038$15,976$10,889$7,319$1,635
32 years$31,182$21,798$14,906$10,007$6,621$1,393
33 years$29,907$20,643$13,918$9,202$5,992$1,188
34 years$28,710$19,565$13,004$8,467$5,425$1,013
35 years$27,584$18,557$12,158$7,794$4,914$863
36 years$26,523$17,614$11,373$7,178$4,452$736
37 years$25,522$16,729$10,645$6,614$4,035$628
38 years$24,576$15,898$9,969$6,096$3,658$536
39 years$23,680$15,118$9,340$5,621$3,317$457
40 years$22,832$14,383$8,754$5,185$3,009$390
41 years$22,026$13,692$8,209$4,783$2,730$332
42 years$21,262$13,039$7,700$4,415$2,477$284
43 years$20,534$12,424$7,225$4,075$2,248$242
44 years$19,842$11,843$6,782$3,763$2,040$206
45 years$19,182$11,293$6,368$3,475$1,852$176
46 years$18,553$10,773$5,981$3,210$1,682$150
47 years$17,953$10,281$5,619$2,966$1,527$128
48 years$17,379$9,814$5,281$2,740$1,387$109
49 years$16,830$9,372$4,963$2,533$1,260$93
50 years$16,305$8,953$4,666$2,341$1,144$80

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 $4,836 every year, while hoping to spend $48,693 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: 27/48/25 Blend
44$16,700,000$16,700,000$16,700,000$16,700,000
45$18,408,388$17,523,288$17,264,438$18,760,961
46$20,234,235$18,330,120$17,790,988$19,849,902
47$22,244,686$19,174,855$18,333,545$21,013,713
48$24,458,520$20,059,299$18,892,595$22,262,297
49$26,896,428$20,985,344$19,468,636$23,602,892
50$29,581,212$21,954,974$20,062,183$25,043,415
51$32,537,996$22,970,268$20,673,767$26,592,525
52$35,794,466$24,033,406$21,303,933$28,259,699
53$39,381,131$25,146,672$21,953,244$30,055,309
54$43,331,608$26,312,461$22,622,279$31,990,714
55$47,682,941$27,533,281$23,311,635$34,078,354
56$52,475,954$28,811,764$24,021,927$36,331,859
57$57,755,628$30,150,668$24,753,789$38,766,165
58$63,571,534$31,552,882$25,507,872$41,397,645
59$69,978,294$33,021,437$26,284,850$44,244,252
60$77,036,101$34,559,508$27,085,413$47,325,672
61$84,811,286$36,170,426$27,910,277$50,663,504
62$93,376,940$37,857,681$28,760,174$54,281,442
63$102,813,611$39,624,930$29,635,863$58,205,489
64$113,210,057$41,476,009$30,538,122$62,464,189
65$124,664,088$43,414,939$31,467,755$67,088,875
66$137,283,489$45,445,935$32,425,589$72,113,954
67$151,187,034$47,573,415$33,412,475$77,577,210
68$166,505,610$49,802,011$34,429,292$83,520,148
69$183,383,453$52,136,580$35,476,943$89,988,363
70$201,979,505$54,582,212$36,556,361$97,031,949
71$222,468,919$57,144,245$37,668,503$104,705,958
72$245,044,709$59,828,274$38,814,359$113,070,892
73$269,919,575$62,640,164$39,994,945$122,193,254
74$297,327,906$65,586,068$41,211,311$132,146,153
75$327,527,999$68,672,431$42,464,536$143,009,967
76$360,804,489$71,906,014$43,755,732$154,873,079
77$397,471,043$75,293,905$45,086,045$167,832,682
78$437,873,318$78,843,534$46,456,656$181,995,669
79$482,392,221$82,562,693$47,868,779$197,479,613
80$531,447,511$86,459,548$49,323,667$214,413,846
81$585,501,756$90,542,665$50,822,608$232,940,644
82$645,064,702$94,821,023$52,366,933$253,216,544
83$710,698,085$99,304,035$53,958,007$275,413,777
84$783,020,930$104,001,574$55,597,242$299,721,864
85$862,715,403$108,923,989$57,286,087$326,349,363
86$950,533,242$114,082,132$59,026,039$355,525,796
87$1,047,302,858$119,487,382$60,818,636$387,503,776
88$1,153,937,153$125,151,668$62,665,465$422,561,346
89$1,271,442,144$131,087,500$64,568,159$461,004,556
90$1,400,926,450$137,307,996$66,528,400$503,170,306
91$1,543,611,768$143,826,907$68,547,921$549,429,471
92$1,700,844,399$150,658,656$70,628,507$600,190,354
93$1,874,107,962$157,818,364$72,771,996$655,902,478
94$2,065,037,397$165,321,887$74,980,281$717,060,779
95$2,275,434,403$173,185,851$77,255,312$784,210,208
96$2,507,284,444$181,427,690$79,599,097$857,950,819
97$2,762,775,495$190,065,684$82,013,704$938,943,360
98$3,044,318,696$199,119,004$84,501,264$1,027,915,447
99$3,354,571,117$208,607,749$87,063,970$1,125,668,351
100$3,696,460,840$218,552,998$89,704,082$1,233,084,492