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%12.4%
1 years$1,395,586$1,383,155$1,371,027$1,359,189$1,347,630$1,334,111
2 years$690,884$678,017$665,547$653,456$641,728$628,113
3 years$456,014$443,092$430,653$418,676$407,139$393,848
4 years$338,602$325,719$313,405$301,632$290,375$277,511
5 years$268,174$255,368$243,215$231,683$220,738$208,340
6 years$221,236$208,527$196,554$185,278$174,663$162,745
7 years$187,723$175,121$163,337$152,328$142,048$130,615
8 years$162,599$150,111$138,523$127,784$117,842$106,895
9 years$143,069$130,698$119,310$108,843$99,240$88,774
10 years$127,454$115,204$104,017$93,824$84,558$74,566
11 years$114,686$102,560$91,575$81,655$72,722$63,197
12 years$104,054$92,052$81,270$71,622$63,020$53,952
13 years$95,065$83,188$72,610$63,232$54,954$46,333
14 years$87,366$75,616$65,240$56,130$48,173$39,986
15 years$80,700$69,076$58,903$50,058$42,415$34,651
16 years$74,873$63,376$53,404$44,822$37,487$30,132
17 years$69,737$58,367$48,596$40,272$33,238$26,279
18 years$65,177$53,934$44,362$36,293$29,554$22,978
19 years$61,101$49,985$40,611$32,794$26,342$20,134
20 years$57,438$46,449$37,271$29,701$23,529$17,676
21 years$54,127$43,265$34,282$26,956$21,056$15,542
22 years$51,122$40,386$31,596$24,509$18,874$13,686
23 years$48,382$37,773$29,173$22,321$16,942$12,066
24 years$45,874$35,391$26,980$20,358$15,228$10,649
25 years$43,571$33,212$24,989$18,592$13,703$9,408
26 years$41,448$31,214$23,176$17,000$12,343$8,318
27 years$39,485$29,376$21,521$15,560$11,128$7,359
28 years$37,666$27,681$20,007$14,256$10,041$6,515
29 years$35,976$26,114$18,618$13,073$9,067$5,771
30 years$34,401$24,662$17,342$11,998$8,193$5,115
31 years$32,931$23,314$16,167$11,019$7,407$4,535
32 years$31,555$22,059$15,084$10,127$6,700$4,023
33 years$30,265$20,891$14,084$9,313$6,064$3,569
34 years$29,054$19,800$13,160$8,568$5,490$3,168
35 years$27,915$18,780$12,303$7,888$4,972$2,813
36 years$26,841$17,825$11,510$7,264$4,505$2,498
37 years$25,828$16,929$10,773$6,693$4,083$2,218
38 years$24,870$16,089$10,088$6,169$3,702$1,971
39 years$23,964$15,299$9,452$5,688$3,357$1,751
40 years$23,105$14,556$8,859$5,247$3,045$1,556
41 years$22,290$13,856$8,307$4,841$2,762$1,383
42 years$21,516$13,196$7,792$4,467$2,507$1,229
43 years$20,780$12,573$7,312$4,124$2,275$1,093
44 years$20,080$11,984$6,863$3,808$2,065$971
45 years$19,412$11,428$6,445$3,517$1,875$864
46 years$18,775$10,902$6,053$3,248$1,702$768
47 years$18,168$10,404$5,687$3,001$1,545$683
48 years$17,587$9,932$5,344$2,773$1,404$607
49 years$17,032$9,484$5,023$2,563$1,275$540
50 years$16,500$9,060$4,722$2,369$1,158$480

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 $2,222 every year, while hoping to spend $33,325 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: 43/43/14 Blend
44$16,900,000$16,900,000$16,900,000$16,900,000
45$18,626,092$17,730,392$17,468,442$19,351,157
46$20,490,496$18,563,724$18,018,177$20,692,684
47$22,543,952$19,436,772$18,585,212$22,141,662
48$24,805,709$20,351,447$19,170,090$23,710,707
49$27,296,976$21,309,753$19,773,373$25,410,854
50$30,041,127$22,313,790$20,395,640$27,254,209
51$33,063,916$23,365,761$21,037,489$29,254,058
52$36,393,726$24,467,973$21,699,535$31,424,979
53$40,061,832$25,622,849$22,382,415$33,782,977
54$44,102,696$26,832,926$23,086,783$36,345,622
55$48,554,297$28,100,866$23,813,317$39,132,209
56$53,458,485$29,429,458$24,562,712$42,163,928
57$58,861,377$30,821,628$25,335,689$45,464,057
58$64,813,793$32,280,443$26,132,991$49,058,167
59$71,371,734$33,809,119$26,955,381$52,974,358
60$78,596,915$35,411,030$27,803,649$57,243,508
61$86,557,339$37,089,709$28,678,611$61,899,555
62$95,327,948$38,848,866$29,581,105$66,979,804
63$104,991,325$40,692,386$30,511,998$72,525,267
64$115,638,474$42,624,347$31,472,184$78,581,036
65$127,369,680$44,649,022$32,462,584$85,196,692
66$140,295,456$46,770,892$33,484,149$92,426,763
67$154,537,584$48,994,658$34,537,859$100,331,218
68$170,230,267$51,325,245$35,624,727$108,976,019
69$187,521,394$53,767,822$36,745,795$118,433,726
70$206,573,937$56,327,805$37,902,139$128,784,166
71$227,567,487$59,010,877$39,094,870$140,115,163
72$250,699,955$61,822,994$40,325,132$152,523,351
73$276,189,433$64,770,403$41,594,106$166,115,065
74$304,276,257$67,859,654$42,903,011$181,007,321
75$335,225,275$71,097,618$44,253,102$197,328,901
76$369,328,348$74,491,496$45,645,675$215,221,542
77$406,907,102$78,048,842$47,082,068$234,841,251
78$448,315,967$81,777,576$48,563,659$256,359,751
79$493,945,524$85,686,006$50,091,869$279,966,075
80$544,226,188$89,782,840$51,668,167$305,868,320
81$599,632,273$94,077,213$53,294,065$334,295,585
82$660,686,471$98,578,703$54,971,123$365,500,098
83$727,964,787$103,297,355$56,700,951$399,759,569
84$802,101,972$108,243,703$58,485,210$437,379,774
85$883,797,521$113,428,791$60,325,612$478,697,405
86$973,822,272$118,864,206$62,223,923$524,083,213
87$1,073,025,685$124,562,093$64,181,966$573,945,467
88$1,182,343,863$130,535,194$66,201,620$628,733,767
89$1,302,808,387$136,796,868$68,284,824$688,943,244
90$1,435,556,053$143,361,126$70,433,577$755,119,191
91$1,581,839,610$150,242,660$72,649,941$827,862,161
92$1,743,039,580$157,456,880$74,936,043$907,833,587
93$1,920,677,295$165,019,946$77,294,079$995,761,975
94$2,116,429,259$172,948,803$79,726,311$1,092,449,724
95$2,332,142,974$181,261,225$82,235,073$1,198,780,646
96$2,569,854,383$189,975,850$84,822,773$1,315,728,250
97$2,831,807,089$199,112,226$87,491,895$1,444,364,867
98$3,120,473,540$208,690,853$90,245,001$1,585,871,707
99$3,438,578,366$218,733,229$93,084,733$1,741,549,946
100$3,789,124,104$229,261,902$96,013,817$1,912,832,929