Can I retire at age 45 with 16,800,000?

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 $16,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$1,387,328$1,374,971$1,362,914$1,351,146$1,339,656$1,311,535
2 years$686,796$674,005$661,609$649,590$637,931$609,733
3 years$453,316$440,470$428,105$416,198$404,730$377,333
4 years$336,599$323,792$311,551$299,847$288,657$262,273
5 years$266,587$253,857$241,776$230,312$219,432$194,136
6 years$219,927$207,293$195,391$184,182$173,629$149,448
7 years$186,612$174,085$162,371$151,426$141,207$118,145
8 years$161,637$149,223$137,703$127,028$117,145$95,196
9 years$142,223$129,925$118,604$108,199$98,653$77,801
10 years$126,700$114,523$103,402$93,269$84,057$64,281
11 years$114,008$101,953$91,033$81,172$72,292$53,567
12 years$103,439$91,507$80,790$71,199$62,647$44,945
13 years$94,503$82,696$72,180$62,858$54,629$37,919
14 years$86,849$75,168$64,854$55,798$47,888$32,137
15 years$80,223$68,668$58,555$49,762$42,164$27,339
16 years$74,430$63,001$53,088$44,557$37,265$23,330
17 years$69,325$58,022$48,308$40,034$33,041$19,961
18 years$64,791$53,615$44,099$36,078$29,379$17,116
19 years$60,740$49,690$40,371$32,600$26,186$14,704
20 years$57,098$46,174$37,050$29,526$23,390$12,652
21 years$53,807$43,009$34,079$26,796$20,931$10,900
22 years$50,820$40,148$31,409$24,364$18,762$9,403
23 years$48,096$37,549$29,001$22,189$16,842$8,118
24 years$45,603$35,181$26,821$20,237$15,138$7,016
25 years$43,313$33,016$24,841$18,482$13,622$6,067
26 years$41,203$31,029$23,039$16,899$12,270$5,250
27 years$39,252$29,202$21,394$15,468$11,062$4,545
28 years$37,444$27,517$19,888$14,172$9,982$3,937
29 years$35,763$25,959$18,508$12,996$9,013$3,412
30 years$34,198$24,516$17,239$11,927$8,144$2,958
31 years$32,736$23,176$16,072$10,954$7,363$2,565
32 years$31,368$21,929$14,995$10,067$6,660$2,224
33 years$30,086$20,767$14,001$9,258$6,028$1,930
34 years$28,882$19,682$13,082$8,518$5,457$1,674
35 years$27,750$18,668$12,231$7,841$4,943$1,453
36 years$26,682$17,719$11,441$7,221$4,479$1,261
37 years$25,675$16,829$10,709$6,654$4,059$1,095
38 years$24,723$15,994$10,028$6,133$3,680$951
39 years$23,822$15,208$9,396$5,655$3,337$825
40 years$22,968$14,469$8,807$5,216$3,027$717
41 years$22,158$13,774$8,258$4,812$2,746$622
42 years$21,389$13,117$7,746$4,441$2,492$540
43 years$20,657$12,498$7,269$4,100$2,261$469
44 years$19,961$11,913$6,823$3,785$2,053$408
45 years$19,297$11,361$6,406$3,496$1,863$354
46 years$18,664$10,838$6,017$3,229$1,692$308
47 years$18,060$10,342$5,653$2,983$1,536$267
48 years$17,483$9,873$5,312$2,757$1,395$232
49 years$16,931$9,428$4,993$2,548$1,267$202
50 years$16,403$9,006$4,694$2,355$1,151$175

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $16,800,000, adding $4,190 every year, while hoping to spend $27,474 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: 59/22/19 Blend
44$16,800,000$16,800,000$16,800,000$16,800,000
45$18,517,922$17,627,522$17,367,122$19,518,023
46$20,377,518$18,462,038$17,919,688$21,030,784
47$22,425,872$19,336,525$18,489,845$22,676,427
48$24,682,208$20,252,912$19,078,152$24,470,531
49$27,167,711$21,213,223$19,685,188$26,427,452
50$29,905,724$22,219,577$20,311,548$28,562,974
51$32,921,972$23,274,201$20,957,850$30,894,456
52$36,244,803$24,379,426$21,624,727$33,440,992
53$39,905,453$25,537,698$22,312,835$36,223,586
54$43,938,345$26,751,581$23,022,851$39,265,342
55$48,381,412$28,023,765$23,755,473$42,591,682
56$53,276,455$29,357,068$24,511,420$46,230,577
57$58,669,536$30,754,447$25,291,435$50,212,802
58$64,611,416$32,219,003$26,096,286$54,572,229
59$71,158,033$33,753,986$26,926,763$59,346,131
60$78,371,026$35,362,805$27,783,684$64,575,534
61$86,318,323$37,049,034$28,667,889$70,305,593
62$95,074,777$38,816,423$29,580,250$76,586,011
63$104,722,878$40,668,901$30,521,662$83,471,506
64$115,353,525$42,610,591$31,493,051$91,022,310
65$127,066,889$44,645,814$32,495,372$99,304,739
66$139,973,356$46,779,103$33,529,611$108,391,803
67$154,194,571$49,015,212$34,596,785$118,363,890
68$169,864,583$51,359,123$35,697,944$129,309,512
69$187,131,114$53,816,064$36,834,169$141,326,134
70$206,156,953$56,391,516$38,006,579$154,521,082
71$227,121,489$59,091,227$39,216,326$169,012,545
72$250,222,408$61,921,225$40,464,600$184,930,679
73$275,677,559$64,887,830$41,752,629$202,418,826
74$303,727,007$67,997,671$43,081,680$221,634,849
75$334,635,305$71,257,700$44,453,059$242,752,616
76$368,693,986$74,675,207$45,868,116$265,963,624
77$406,224,317$78,257,837$47,328,243$291,478,792
78$447,580,334$82,013,607$48,834,876$319,530,440
79$493,152,181$85,950,926$50,389,496$350,374,463
80$543,369,793$90,078,612$51,993,634$384,292,732
81$598,706,959$94,405,910$53,648,868$421,595,739
82$659,685,789$98,942,520$55,356,825$462,625,507
83$726,881,647$103,698,612$57,119,187$507,758,805
84$800,928,582$108,684,851$58,937,687$557,410,680
85$882,525,312$113,912,423$60,814,114$612,038,357
86$972,441,822$119,393,060$62,750,315$672,145,536
87$1,071,526,633$125,139,065$64,748,195$738,287,120
88$1,180,714,810$131,163,339$66,809,720$811,074,437
89$1,301,036,794$137,479,416$68,936,919$891,180,978
90$1,433,628,125$144,101,486$71,131,884$979,348,736
91$1,579,740,168$151,044,434$73,396,777$1,076,395,182
92$1,740,751,922$158,323,868$75,733,826$1,183,220,954
93$1,918,183,040$165,956,159$78,145,331$1,300,818,330
94$2,113,708,176$173,958,477$80,633,665$1,430,280,565
95$2,329,172,796$182,348,828$83,201,279$1,572,812,182
96$2,566,610,598$191,146,097$85,850,699$1,729,740,305
97$2,828,262,715$200,370,092$88,584,532$1,902,527,156
98$3,116,598,869$210,041,583$91,405,472$2,092,783,824
99$3,434,340,692$220,182,359$94,316,293$2,302,285,431
100$3,784,487,416$230,815,268$97,319,862$2,532,987,855