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%
1 years$1,379,070$1,366,786$1,354,802$1,343,104$1,331,681$1,293,721
2 years$682,708$669,993$657,671$645,723$634,134$596,185
3 years$450,618$437,848$425,556$413,721$402,321$365,571
4 years$334,595$321,865$309,696$298,063$286,938$251,672
5 years$265,000$252,346$240,337$228,941$218,126$184,438
6 years$218,618$206,059$194,228$183,086$172,596$140,517
7 years$185,501$173,048$161,404$150,525$140,367$109,898
8 years$160,675$148,334$136,884$126,272$116,448$87,572
9 years$141,376$129,152$117,898$107,555$98,066$70,754
10 years$125,946$113,841$102,786$92,714$83,557$57,773
11 years$113,329$101,346$90,491$80,689$71,862$47,563
12 years$102,823$90,963$80,309$70,775$62,274$39,414
13 years$93,940$82,204$71,750$62,484$54,304$32,832
14 years$86,333$74,721$64,468$55,466$47,603$27,466
15 years$79,745$68,259$58,206$49,466$41,913$23,057
16 years$73,987$62,626$52,772$44,291$37,043$19,411
17 years$68,912$57,676$48,021$39,795$32,845$16,381
18 years$64,405$53,296$43,837$35,864$29,204$13,851
19 years$60,378$49,394$40,130$32,406$26,030$11,731
20 years$56,758$45,899$36,830$29,350$23,251$9,949
21 years$53,487$42,753$33,876$26,637$20,807$8,448
22 years$50,517$39,909$31,222$24,219$18,650$7,180
23 years$47,810$37,326$28,828$22,057$16,742$6,108
24 years$45,332$34,972$26,661$20,117$15,048$5,200
25 years$43,055$32,819$24,694$18,372$13,541$4,429
26 years$40,957$30,845$22,902$16,798$12,197$3,774
27 years$39,018$29,029$21,267$15,376$10,997$3,218
28 years$37,221$27,353$19,770$14,088$9,922$2,745
29 years$35,550$25,805$18,398$12,919$8,960$2,342
30 years$33,994$24,370$17,137$11,856$8,096$1,998
31 years$32,541$23,038$15,976$10,889$7,319$1,706
32 years$31,182$21,798$14,906$10,007$6,621$1,456
33 years$29,907$20,643$13,918$9,202$5,992$1,243
34 years$28,710$19,565$13,004$8,467$5,425$1,062
35 years$27,584$18,557$12,158$7,794$4,914$907
36 years$26,523$17,614$11,373$7,178$4,452$775
37 years$25,522$16,729$10,645$6,614$4,035$662
38 years$24,576$15,898$9,969$6,096$3,658$565
39 years$23,680$15,118$9,340$5,621$3,317$483
40 years$22,832$14,383$8,754$5,185$3,009$413
41 years$22,026$13,692$8,209$4,783$2,730$353
42 years$21,262$13,039$7,700$4,415$2,477$301
43 years$20,534$12,424$7,225$4,075$2,248$258
44 years$19,842$11,843$6,782$3,763$2,040$220
45 years$19,182$11,293$6,368$3,475$1,852$188
46 years$18,553$10,773$5,981$3,210$1,682$161
47 years$17,953$10,281$5,619$2,966$1,527$137
48 years$17,379$9,814$5,281$2,740$1,387$117
49 years$16,830$9,372$4,963$2,533$1,260$100
50 years$16,305$8,953$4,666$2,341$1,144$86

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 $3,761 every year, while hoping to spend $44,074 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: 48/30/22 Blend
44$16,700,000$16,700,000$16,700,000$16,700,000
45$18,407,279$17,522,179$17,263,329$19,175,832
46$20,237,928$18,333,872$17,794,757$20,524,048
47$22,253,825$19,183,860$18,342,509$21,982,516
48$24,473,819$20,073,974$18,907,088$23,565,400
49$26,918,682$21,006,132$19,489,009$25,284,407
50$29,611,299$21,982,344$20,088,802$27,152,398
51$32,576,892$23,004,718$20,707,017$29,183,501
52$35,843,249$24,075,464$21,344,216$31,393,240
53$39,440,996$25,196,897$22,000,983$33,798,675
54$43,403,877$26,371,445$22,677,916$36,418,555
55$47,769,080$27,601,653$23,375,633$39,273,493
56$52,577,580$28,890,188$24,094,770$42,386,149
57$57,874,533$30,239,847$24,835,985$45,781,436
58$63,709,697$31,653,561$25,599,952$49,486,751
59$70,137,905$33,134,404$26,387,370$53,532,224
60$77,219,579$34,685,598$27,198,955$57,950,995
61$85,021,304$36,310,520$28,035,447$62,779,513
62$93,616,452$38,012,711$28,897,610$68,057,880
63$103,085,880$39,795,883$29,786,230$73,830,210
64$113,518,686$41,663,928$30,702,115$80,145,043
65$125,013,057$43,620,926$31,646,101$87,055,790
66$137,677,191$45,671,153$32,619,047$94,621,225
67$151,630,320$47,819,095$33,621,841$102,906,030
68$167,003,835$50,069,453$34,655,395$111,981,393
69$183,942,526$52,427,156$35,720,650$121,925,666
70$202,605,949$54,897,372$36,818,577$132,825,097
71$223,169,931$57,485,519$37,950,175$144,774,623
72$245,828,232$60,197,277$39,116,474$157,878,758
73$270,794,372$63,038,603$40,318,536$172,252,560
74$298,303,644$66,015,742$41,557,453$188,022,706
75$328,615,343$69,135,240$42,834,355$205,328,667
76$362,015,203$72,403,962$44,150,401$224,324,011
77$398,818,104$75,829,107$45,506,790$245,177,835
78$439,371,038$79,418,220$46,904,754$268,076,338
79$484,056,385$83,179,214$48,345,565$293,224,564
80$533,295,527$87,120,386$49,830,532$320,848,317
81$587,552,821$91,250,436$51,361,005$351,196,267
82$647,339,986$95,578,484$52,938,376$384,542,279
83$713,220,930$100,114,095$54,564,077$421,187,976
84$785,817,076$104,867,297$56,239,585$461,465,557
85$865,813,229$109,848,606$57,966,422$505,740,913
86$953,964,039$115,069,048$59,746,158$554,417,048
87$1,051,101,123$120,540,184$61,580,406$607,937,862
88$1,158,140,922$126,274,137$63,470,834$666,792,310
89$1,276,093,346$132,283,620$65,419,157$731,518,985
90$1,406,071,312$138,581,961$67,427,144$802,711,172
91$1,549,301,248$145,183,140$69,496,616$881,022,417
92$1,707,134,674$152,101,813$71,629,451$967,172,658
93$1,881,060,957$159,353,348$73,827,584$1,061,954,990
94$2,072,721,376$166,953,863$76,093,008$1,166,243,107
95$2,283,924,611$174,920,257$78,427,779$1,280,999,516
96$2,516,663,825$183,270,253$80,834,013$1,407,284,579
97$2,773,135,473$192,022,434$83,313,891$1,546,266,478
98$3,055,760,046$201,196,288$85,869,661$1,699,232,200
99$3,367,204,915$210,812,250$88,503,639$1,867,599,635
100$3,710,409,518$220,891,751$91,218,212$2,052,930,916