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

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 $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%15.1%
1 years$1,403,844$1,391,339$1,379,139$1,367,231$1,355,604$1,327,148
2 years$694,972$682,029$669,485$657,323$645,526$616,991
3 years$458,713$445,714$433,201$421,153$409,548$381,825
4 years$340,606$327,647$315,260$303,417$292,093$265,395
5 years$269,760$256,879$244,654$233,053$222,044$196,447
6 years$222,546$209,761$197,717$186,375$175,696$151,227
7 years$188,834$176,157$164,304$153,229$142,888$119,552
8 years$163,562$150,999$139,343$128,540$118,539$96,329
9 years$143,916$131,472$120,016$109,487$99,827$78,727
10 years$128,208$115,886$104,632$94,379$85,058$65,046
11 years$115,365$103,166$92,117$82,138$73,153$54,205
12 years$104,670$92,597$81,751$72,046$63,393$45,480
13 years$95,628$83,680$73,039$63,606$55,280$38,371
14 years$87,883$76,063$65,626$56,462$48,458$32,520
15 years$81,178$69,485$59,252$50,355$42,666$27,665
16 years$75,316$63,751$53,720$45,087$37,708$23,608
17 years$70,150$58,712$48,883$40,510$33,435$20,199
18 years$65,562$54,253$44,624$36,508$29,729$17,320
19 years$61,463$50,281$40,851$32,988$26,498$14,879
20 years$57,778$46,724$37,491$29,877$23,668$12,802
21 years$54,448$43,521$34,485$27,115$21,180$11,030
22 years$51,425$40,625$31,783$24,654$18,985$9,514
23 years$48,669$37,996$29,346$22,453$17,042$8,215
24 years$46,146$35,600$27,140$20,478$15,318$7,099
25 years$43,829$33,409$25,137$18,702$13,784$6,139
26 years$41,693$31,399$23,313$17,100$12,416$5,313
27 years$39,719$29,550$21,649$15,652$11,194$4,600
28 years$37,889$27,845$20,125$14,341$10,101$3,984
29 years$36,189$26,268$18,728$13,151$9,121$3,452
30 years$34,605$24,808$17,445$12,069$8,241$2,993
31 years$33,126$23,452$16,263$11,085$7,451$2,595
32 years$31,742$22,190$15,174$10,187$6,740$2,251
33 years$30,445$21,014$14,168$9,368$6,099$1,953
34 years$29,226$19,917$13,238$8,619$5,522$1,694
35 years$28,080$18,891$12,376$7,934$5,002$1,470
36 years$27,000$17,930$11,578$7,307$4,532$1,276
37 years$25,981$17,029$10,836$6,733$4,107$1,108
38 years$25,017$16,184$10,148$6,206$3,724$962
39 years$24,106$15,389$9,507$5,722$3,377$835
40 years$23,242$14,642$8,911$5,278$3,063$725
41 years$22,422$13,938$8,356$4,869$2,779$630
42 years$21,643$13,274$7,838$4,494$2,521$547
43 years$20,903$12,647$7,355$4,148$2,288$475
44 years$20,198$12,055$6,904$3,830$2,077$413
45 years$19,527$11,496$6,483$3,537$1,886$358
46 years$18,886$10,967$6,089$3,268$1,712$311
47 years$18,275$10,465$5,720$3,019$1,555$270
48 years$17,691$9,991$5,375$2,790$1,412$235
49 years$17,132$9,541$5,053$2,578$1,282$204
50 years$16,598$9,114$4,750$2,383$1,165$177

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 $2,914 every year, while hoping to spend $27,586 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: 86/5/9 Blend
44$17,000,000$17,000,000$17,000,000$17,000,000
45$18,737,006$17,836,006$17,572,506$20,327,160
46$20,618,829$18,680,619$18,131,833$22,209,943
47$22,691,674$19,565,693$18,708,974$24,274,610
48$24,974,995$20,493,183$19,304,495$26,542,687
49$27,490,231$21,465,135$19,918,982$29,034,654
50$30,261,007$22,483,699$20,553,040$31,773,069
51$33,313,355$23,551,126$21,207,292$34,782,779
52$36,675,963$24,669,776$21,882,382$38,091,157
53$40,380,443$25,842,127$22,578,974$41,728,354
54$44,461,631$27,070,775$23,297,753$45,727,585
55$48,957,916$28,358,441$24,039,426$50,125,439
56$53,911,600$29,707,981$24,804,723$54,962,226
57$59,369,298$31,122,387$25,594,397$60,282,350
58$65,382,381$32,604,799$26,409,224$66,134,734
59$72,007,458$34,158,508$27,250,006$72,573,274
60$79,306,908$35,786,964$28,117,571$79,657,347
61$87,349,475$37,493,788$29,012,772$87,452,372
62$96,210,912$39,282,774$29,936,490$96,030,422
63$105,974,697$41,157,902$30,889,635$105,470,905
64$116,732,821$43,123,344$31,873,143$115,861,309
65$128,586,658$45,183,477$32,887,982$127,298,027
66$141,647,920$47,342,890$33,935,152$139,887,265
67$156,039,711$49,606,396$35,015,683$153,746,040
68$171,897,692$51,979,039$36,130,639$169,003,284
69$189,371,357$54,466,113$37,281,116$185,801,055
70$208,625,450$57,073,167$38,468,248$204,295,881
71$229,841,514$59,806,020$39,693,202$224,660,227
72$253,219,609$62,670,775$40,957,185$247,084,128
73$278,980,198$65,673,833$42,261,440$271,776,973
74$307,366,232$68,821,904$43,607,252$298,969,481
75$338,645,438$72,122,028$44,995,945$328,915,876
76$373,112,850$75,581,585$46,428,887$361,896,283
77$411,093,594$79,208,315$47,907,488$398,219,366
78$452,945,956$83,010,338$49,433,204$438,225,242
79$499,064,764$86,996,165$51,007,537$482,288,684
80$549,885,118$91,174,725$52,632,037$530,822,658
81$605,886,494$95,555,381$54,308,304$584,282,213
82$667,597,273$100,147,951$56,037,989$643,168,774
83$735,599,727$104,962,733$57,822,794$708,034,872
84$810,535,519$110,010,526$59,664,477$779,489,353
85$893,111,757$115,302,658$61,564,853$858,203,122
86$984,107,673$120,851,004$63,525,792$944,915,467
87$1,084,381,975$126,668,023$65,549,225$1,040,441,039
88$1,194,880,958$132,766,778$67,637,146$1,145,677,530
89$1,316,647,437$139,160,971$69,791,611$1,261,614,147
90$1,450,830,588$145,864,971$72,014,743$1,389,340,940
91$1,598,696,801$152,893,848$74,308,730$1,530,059,084
92$1,761,641,635$160,263,407$76,675,833$1,685,092,220
93$1,941,202,992$167,990,224$79,118,383$1,855,898,933
94$2,139,075,635$176,091,682$81,638,787$2,044,086,521
95$2,357,127,191$184,586,016$84,239,527$2,251,426,159
96$2,597,415,780$193,492,346$86,923,167$2,479,869,610
97$2,862,209,445$202,830,727$89,692,349$2,731,567,642
98$3,154,007,568$212,622,192$92,549,802$3,008,890,327
99$3,475,564,461$222,888,801$95,498,342$3,314,449,400
100$3,829,915,374$233,653,689$98,540,873$3,651,122,912