Can I retire at age 45 with 17,000,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $17,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$1,403,844$1,391,339$1,379,139$1,367,231$1,355,604$1,338,110
2 years$694,972$682,029$669,485$657,323$645,526$627,926
3 years$458,713$445,714$433,201$421,153$409,548$392,389
4 years$340,606$327,647$315,260$303,417$292,093$275,507
5 years$269,760$256,879$244,654$233,053$222,044$206,080
6 years$222,546$209,761$197,717$186,375$175,696$160,373
7 years$188,834$176,157$164,304$153,229$142,888$128,211
8 years$163,562$150,999$139,343$128,540$118,539$104,507
9 years$143,916$131,472$120,016$109,487$99,827$86,434
10 years$128,208$115,886$104,632$94,379$85,058$72,294
11 years$115,365$103,166$92,117$82,138$73,153$61,006
12 years$104,670$92,597$81,751$72,046$63,393$51,850
13 years$95,628$83,680$73,039$63,606$55,280$44,326
14 years$87,883$76,063$65,626$56,462$48,458$38,076
15 years$81,178$69,485$59,252$50,355$42,666$32,840
16 years$75,316$63,751$53,720$45,087$37,708$28,419
17 years$70,150$58,712$48,883$40,510$33,435$24,664
18 years$65,562$54,253$44,624$36,508$29,729$21,458
19 years$61,463$50,281$40,851$32,988$26,498$18,707
20 years$57,778$46,724$37,491$29,877$23,668$16,339
21 years$54,448$43,521$34,485$27,115$21,180$14,292
22 years$51,425$40,625$31,783$24,654$18,985$12,518
23 years$48,669$37,996$29,346$22,453$17,042$10,977
24 years$46,146$35,600$27,140$20,478$15,318$9,636
25 years$43,829$33,409$25,137$18,702$13,784$8,466
26 years$41,693$31,399$23,313$17,100$12,416$7,444
27 years$39,719$29,550$21,649$15,652$11,194$6,549
28 years$37,889$27,845$20,125$14,341$10,101$5,766
29 years$36,189$26,268$18,728$13,151$9,121$5,079
30 years$34,605$24,808$17,445$12,069$8,241$4,475
31 years$33,126$23,452$16,263$11,085$7,451$3,945
32 years$31,742$22,190$15,174$10,187$6,740$3,479
33 years$30,445$21,014$14,168$9,368$6,099$3,069
34 years$29,226$19,917$13,238$8,619$5,522$2,708
35 years$28,080$18,891$12,376$7,934$5,002$2,390
36 years$27,000$17,930$11,578$7,307$4,532$2,110
37 years$25,981$17,029$10,836$6,733$4,107$1,863
38 years$25,017$16,184$10,148$6,206$3,724$1,645
39 years$24,106$15,389$9,507$5,722$3,377$1,453
40 years$23,242$14,642$8,911$5,278$3,063$1,284
41 years$22,422$13,938$8,356$4,869$2,779$1,134
42 years$21,643$13,274$7,838$4,494$2,521$1,002
43 years$20,903$12,647$7,355$4,148$2,288$885
44 years$20,198$12,055$6,904$3,830$2,077$782
45 years$19,527$11,496$6,483$3,537$1,886$691
46 years$18,886$10,967$6,089$3,268$1,712$611
47 years$18,275$10,465$5,720$3,019$1,555$540
48 years$17,691$9,991$5,375$2,790$1,412$477
49 years$17,132$9,541$5,053$2,578$1,282$422
50 years$16,598$9,114$4,750$2,383$1,165$373

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $17,000,000, adding $6,645 every year, while hoping to spend $46,188 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: 61/9/30 Blend
44$17,000,000$17,000,000$17,000,000$17,000,000
45$18,740,854$17,839,854$17,576,354$19,731,261
46$20,603,278$18,664,864$18,116,019$21,232,725
47$22,654,120$19,528,750$18,672,213$22,865,469
48$24,912,552$20,433,370$19,245,444$24,646,890
49$27,399,697$21,380,670$19,836,231$26,591,533
50$30,138,832$22,372,688$20,445,110$28,715,403
51$33,155,605$23,411,563$21,072,634$31,036,117
52$36,478,282$24,499,535$21,719,373$33,573,063
53$40,138,008$25,638,953$22,385,912$36,347,579
54$44,169,102$26,832,279$23,072,858$39,383,158
55$48,609,383$28,082,094$23,780,832$42,705,659
56$53,500,527$29,391,103$24,510,476$46,343,550
57$58,888,457$30,762,143$25,262,453$50,328,177
58$64,823,778$32,198,187$26,037,444$54,694,048
59$71,362,256$33,702,350$26,836,151$59,479,163
60$78,565,342$35,277,901$27,659,298$64,725,364
61$86,500,753$36,928,264$28,507,630$70,478,725
62$95,243,111$38,657,030$29,381,917$76,789,987
63$104,874,647$40,467,963$30,282,950$83,715,029
64$115,485,977$42,365,009$31,211,544$91,315,389
65$127,176,957$44,352,305$32,168,541$99,658,844
66$140,057,626$46,434,188$33,154,807$108,820,044
67$154,249,245$48,615,204$34,171,235$118,881,208
68$169,885,440$50,900,121$35,218,743$129,932,898
69$187,113,465$53,293,937$36,298,281$142,074,866
70$206,095,588$55,801,890$37,410,823$155,416,991
71$227,010,630$58,429,474$38,557,377$170,080,310
72$250,055,645$61,182,449$39,738,980$186,198,151
73$275,447,783$64,066,852$40,956,699$203,917,391
74$303,426,344$67,089,014$42,211,635$223,399,829
75$334,255,029$70,255,574$43,504,922$244,823,709
76$368,224,434$73,573,489$44,837,730$268,385,395
77$405,654,794$77,050,058$46,211,261$294,301,219
78$446,899,001$80,692,929$47,626,757$322,809,508
79$492,345,941$84,510,125$49,085,495$354,172,834
80$542,424,162$88,510,055$50,588,794$388,680,477
81$597,605,917$92,701,538$52,138,009$426,651,149
82$658,411,627$97,093,821$53,734,539$468,435,995
83$725,414,793$101,696,597$55,379,826$514,421,894
84$799,247,404$106,520,033$57,075,352$565,035,105
85$880,605,911$111,574,786$58,822,648$620,745,275
86$970,257,797$116,872,034$60,623,290$682,069,865
87$1,069,048,823$122,423,494$62,478,901$749,579,025
88$1,177,911,012$128,241,455$64,391,154$823,900,957
89$1,297,871,450$134,338,801$66,361,772$905,727,840
90$1,430,061,979$140,729,043$68,392,532$995,822,347
91$1,575,729,881$147,426,347$70,485,263$1,095,024,833
92$1,736,249,660$154,445,569$72,641,850$1,204,261,252
93$1,913,136,009$161,802,285$74,864,235$1,324,551,887
94$2,108,058,116$169,512,831$77,154,421$1,457,020,960
95$2,322,855,418$177,594,334$79,514,468$1,602,907,235
96$2,559,554,969$186,064,754$81,946,501$1,763,575,694
97$2,820,390,575$194,942,927$84,452,709$1,940,530,403
98$3,107,823,885$204,248,602$87,035,345$2,135,428,695
99$3,424,567,627$214,002,489$89,696,735$2,350,096,797
100$3,773,611,220$224,226,306$92,439,271$2,586,547,049