Can I retire at age 45 with 16,900,000?

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 $16,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$1,395,586$1,383,155$1,371,027$1,359,189$1,347,630$1,325,850
2 years$690,884$678,017$665,547$653,456$641,728$619,846
3 years$456,014$443,092$430,653$418,676$407,139$385,834
4 years$338,602$325,719$313,405$301,632$290,375$269,812
5 years$268,174$255,368$243,215$231,683$220,738$200,977
6 years$221,236$208,527$196,554$185,278$174,663$155,726
7 years$187,723$175,121$163,337$152,328$142,048$123,941
8 years$162,599$150,111$138,523$127,784$117,842$100,562
9 years$143,069$130,698$119,310$108,843$99,240$82,778
10 years$127,454$115,204$104,017$93,824$84,558$68,899
11 years$114,686$102,560$91,575$81,655$72,722$57,851
12 years$104,054$92,052$81,270$71,622$63,020$48,917
13 years$95,065$83,188$72,610$63,232$54,954$41,600
14 years$87,366$75,616$65,240$56,130$48,173$35,544
15 years$80,700$69,076$58,903$50,058$42,415$30,489
16 years$74,873$63,376$53,404$44,822$37,487$26,238
17 years$69,737$58,367$48,596$40,272$33,238$22,643
18 years$65,177$53,934$44,362$36,293$29,554$19,586
19 years$61,101$49,985$40,611$32,794$26,342$16,976
20 years$57,438$46,449$37,271$29,701$23,529$14,738
21 years$54,127$43,265$34,282$26,956$21,056$12,815
22 years$51,122$40,386$31,596$24,509$18,874$11,156
23 years$48,382$37,773$29,173$22,321$16,942$9,723
24 years$45,874$35,391$26,980$20,358$15,228$8,482
25 years$43,571$33,212$24,989$18,592$13,703$7,405
26 years$41,448$31,214$23,176$17,000$12,343$6,470
27 years$39,485$29,376$21,521$15,560$11,128$5,656
28 years$37,666$27,681$20,007$14,256$10,041$4,947
29 years$35,976$26,114$18,618$13,073$9,067$4,329
30 years$34,401$24,662$17,342$11,998$8,193$3,790
31 years$32,931$23,314$16,167$11,019$7,407$3,319
32 years$31,555$22,059$15,084$10,127$6,700$2,908
33 years$30,265$20,891$14,084$9,313$6,064$2,548
34 years$29,054$19,800$13,160$8,568$5,490$2,233
35 years$27,915$18,780$12,303$7,888$4,972$1,958
36 years$26,841$17,825$11,510$7,264$4,505$1,717
37 years$25,828$16,929$10,773$6,693$4,083$1,505
38 years$24,870$16,089$10,088$6,169$3,702$1,320
39 years$23,964$15,299$9,452$5,688$3,357$1,158
40 years$23,105$14,556$8,859$5,247$3,045$1,016
41 years$22,290$13,856$8,307$4,841$2,762$892
42 years$21,516$13,196$7,792$4,467$2,507$782
43 years$20,780$12,573$7,312$4,124$2,275$686
44 years$20,080$11,984$6,863$3,808$2,065$602
45 years$19,412$11,428$6,445$3,517$1,875$529
46 years$18,775$10,902$6,053$3,248$1,702$464
47 years$18,168$10,404$5,687$3,001$1,545$407
48 years$17,587$9,932$5,344$2,773$1,404$357
49 years$17,032$9,484$5,023$2,563$1,275$314
50 years$16,500$9,060$4,722$2,369$1,158$275

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $16,900,000, adding $6,126 every year, while hoping to spend $25,660 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: 58/35/7 Blend
44$16,900,000$16,900,000$16,900,000$16,900,000
45$18,630,119$17,734,419$17,472,469$19,682,368
46$20,503,089$18,576,103$18,030,495$21,231,534
47$22,566,242$19,458,170$18,606,354$22,915,798
48$24,838,950$20,382,572$19,200,618$24,750,878
49$27,342,558$21,351,353$19,813,874$26,751,211
50$30,100,591$22,366,662$20,446,731$28,932,664
51$33,138,970$23,430,746$21,099,815$31,312,676
52$36,486,259$24,545,967$21,773,773$33,910,419
53$40,173,935$25,714,798$22,469,272$36,746,968
54$44,236,686$26,939,832$23,187,002$39,845,496
55$48,712,736$28,223,791$23,927,674$43,231,484
56$53,644,205$29,569,528$24,692,022$46,932,955
57$59,077,512$30,980,032$25,480,802$50,980,730
58$65,063,806$32,458,442$26,294,797$55,408,712
59$71,659,455$34,008,046$27,134,813$60,254,193
60$78,926,572$35,632,293$28,001,683$65,558,201
61$86,933,608$37,334,801$28,896,265$71,365,877
62$95,755,992$39,119,363$29,819,446$77,726,889
63$105,476,847$40,989,955$30,772,141$84,695,892
64$116,187,772$42,950,749$31,755,294$92,333,034
65$127,989,708$45,006,120$32,769,880$100,704,507
66$140,993,892$47,160,653$33,816,904$109,883,167
67$155,322,903$49,419,159$34,897,405$119,949,202
68$171,111,823$51,786,682$36,012,452$130,990,883
69$188,509,512$54,268,513$37,163,152$143,105,375
70$207,680,011$56,870,198$38,350,646$156,399,647
71$228,804,089$59,597,555$39,576,110$170,991,461
72$252,080,957$62,456,685$40,840,760$187,010,471
73$277,730,138$65,453,987$42,145,849$204,599,429
74$305,993,549$68,596,169$43,492,672$223,915,515
75$337,137,779$71,890,269$44,882,565$245,131,803
76$371,456,606$75,343,666$46,316,904$268,438,873
77$409,273,773$78,964,098$47,797,113$294,046,592
78$450,946,041$82,759,683$49,324,660$322,186,075
79$496,866,561$86,738,931$50,901,060$353,111,842
80$547,468,580$90,910,768$52,527,875$387,104,199
81$603,229,536$95,284,558$54,206,721$424,471,859
82$664,675,564$99,870,116$55,939,261$465,554,831
83$732,386,460$104,677,740$57,727,214$510,727,603
84$807,001,158$109,718,228$59,572,355$560,402,648
85$889,223,761$115,002,906$61,476,514$615,034,292
86$979,830,186$120,543,650$63,441,578$675,122,969
87$1,079,675,493$126,352,917$65,469,499$741,219,911
88$1,189,701,954$132,443,771$67,562,288$813,932,325
89$1,310,947,951$138,829,913$69,722,022$893,929,083
90$1,444,557,775$145,525,712$71,950,844$981,947,002
91$1,591,792,436$152,546,239$74,250,964$1,078,797,761
92$1,754,041,559$159,907,300$76,624,666$1,185,375,523
93$1,932,836,511$167,625,471$79,074,306$1,302,665,332
94$2,129,864,854$175,718,137$81,602,314$1,431,752,370
95$2,346,986,277$184,203,534$84,211,199$1,573,832,151
96$2,586,250,154$193,100,784$86,903,551$1,730,221,764
97$2,849,914,892$202,429,944$89,682,042$1,902,372,247
98$3,140,469,251$212,212,051$92,549,430$2,091,882,242
99$3,460,655,839$222,469,167$95,508,561$2,300,513,020
100$3,813,497,010$233,224,431$98,562,373$2,530,205,056