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%15.3%
1 years$1,403,844$1,391,339$1,379,139$1,367,231$1,355,604$1,326,066
2 years$694,972$682,029$669,485$657,323$645,526$615,915
3 years$458,713$445,714$433,201$421,153$409,548$380,790
4 years$340,606$327,647$315,260$303,417$292,093$264,408
5 years$269,760$256,879$244,654$233,053$222,044$195,512
6 years$222,546$209,761$197,717$186,375$175,696$150,343
7 years$188,834$176,157$164,304$153,229$142,888$118,719
8 years$163,562$150,999$139,343$128,540$118,539$95,546
9 years$143,916$131,472$120,016$109,487$99,827$77,994
10 years$128,208$115,886$104,632$94,379$85,058$64,361
11 years$115,365$103,166$92,117$82,138$73,153$53,566
12 years$104,670$92,597$81,751$72,046$63,393$44,885
13 years$95,628$83,680$73,039$63,606$55,280$37,819
14 years$87,883$76,063$65,626$56,462$48,458$32,009
15 years$81,178$69,485$59,252$50,355$42,666$27,192
16 years$75,316$63,751$53,720$45,087$37,708$23,171
17 years$70,150$58,712$48,883$40,510$33,435$19,797
18 years$65,562$54,253$44,624$36,508$29,729$16,950
19 years$61,463$50,281$40,851$32,988$26,498$14,540
20 years$57,778$46,724$37,491$29,877$23,668$12,492
21 years$54,448$43,521$34,485$27,115$21,180$10,746
22 years$51,425$40,625$31,783$24,654$18,985$9,255
23 years$48,669$37,996$29,346$22,453$17,042$7,979
24 years$46,146$35,600$27,140$20,478$15,318$6,884
25 years$43,829$33,409$25,137$18,702$13,784$5,944
26 years$41,693$31,399$23,313$17,100$12,416$5,135
27 years$39,719$29,550$21,649$15,652$11,194$4,439
28 years$37,889$27,845$20,125$14,341$10,101$3,839
29 years$36,189$26,268$18,728$13,151$9,121$3,321
30 years$34,605$24,808$17,445$12,069$8,241$2,874
31 years$33,126$23,452$16,263$11,085$7,451$2,488
32 years$31,742$22,190$15,174$10,187$6,740$2,154
33 years$30,445$21,014$14,168$9,368$6,099$1,866
34 years$29,226$19,917$13,238$8,619$5,522$1,616
35 years$28,080$18,891$12,376$7,934$5,002$1,400
36 years$27,000$17,930$11,578$7,307$4,532$1,213
37 years$25,981$17,029$10,836$6,733$4,107$1,052
38 years$25,017$16,184$10,148$6,206$3,724$911
39 years$24,106$15,389$9,507$5,722$3,377$790
40 years$23,242$14,642$8,911$5,278$3,063$685
41 years$22,422$13,938$8,356$4,869$2,779$594
42 years$21,643$13,274$7,838$4,494$2,521$515
43 years$20,903$12,647$7,355$4,148$2,288$446
44 years$20,198$12,055$6,904$3,830$2,077$387
45 years$19,527$11,496$6,483$3,537$1,886$335
46 years$18,886$10,967$6,089$3,268$1,712$291
47 years$18,275$10,465$5,720$3,019$1,555$252
48 years$17,691$9,991$5,375$2,790$1,412$219
49 years$17,132$9,541$5,053$2,578$1,282$190
50 years$16,598$9,114$4,750$2,383$1,165$164

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 $3,432 every year, while hoping to spend $36,097 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: 76/12/12 Blend
44$17,000,000$17,000,000$17,000,000$17,000,000
45$18,737,540$17,836,540$17,573,040$20,117,427
46$20,610,362$18,672,124$18,123,330$21,863,050
47$22,673,002$19,547,441$18,690,845$23,771,227
48$24,944,784$20,464,401$19,276,123$25,862,012
49$27,447,000$21,425,005$19,879,722$28,153,559
50$30,203,114$22,431,350$20,502,213$30,665,856
51$33,238,983$23,485,637$21,144,187$33,420,908
52$36,583,097$24,590,171$21,806,256$36,442,942
53$40,266,854$25,747,370$22,489,046$39,758,637
54$44,324,850$26,959,769$23,193,207$43,397,369
55$48,795,212$28,230,025$23,919,406$47,391,485
56$53,719,951$29,560,923$24,668,334$51,776,608
57$59,145,364$30,955,387$25,440,701$56,591,968
58$65,122,468$32,416,477$26,237,241$61,880,769
59$71,707,480$33,947,405$27,058,709$67,690,594
60$78,962,353$35,551,538$27,905,886$74,073,849
61$86,955,356$37,232,406$28,779,576$81,088,255
62$95,761,719$38,993,711$29,680,608$88,797,387
63$105,464,343$40,839,332$30,609,838$97,271,272
64$116,154,586$42,773,338$31,568,147$106,587,046
65$127,933,119$44,799,997$32,556,445$116,829,672
66$140,910,881$46,923,781$33,575,670$128,092,744
67$155,210,125$49,149,381$34,626,789$140,479,363
68$170,965,572$51,481,715$35,710,801$154,103,101
69$188,325,681$53,925,939$36,828,733$169,089,073
70$207,454,053$56,487,462$37,981,648$185,575,112
71$228,530,971$59,171,953$39,170,638$203,713,057
72$251,755,108$61,985,356$40,396,832$223,670,190
73$277,345,397$64,933,907$41,661,394$245,630,800
74$305,543,101$68,024,142$42,965,524$269,797,922
75$336,614,087$71,262,915$44,310,459$296,395,243
76$370,851,340$74,657,414$45,697,476$325,669,204
77$408,577,726$78,215,176$47,127,890$357,891,326
78$450,149,038$81,944,104$48,603,059$393,360,756
79$495,957,361$85,852,486$50,124,382$432,407,089
80$546,434,765$89,949,011$51,693,303$475,393,467
81$602,057,393$94,242,794$53,311,309$522,720,000
82$663,349,946$98,743,390$54,979,937$574,827,531
83$730,890,644$103,460,820$56,700,769$632,201,787
84$805,316,682$108,405,592$58,475,437$695,377,958
85$887,330,245$113,588,728$60,305,626$764,945,734
86$977,705,136$119,021,781$62,193,070$841,554,861
87$1,077,294,083$124,716,871$64,139,561$925,921,263
88$1,187,036,787$130,686,706$66,146,944$1,018,833,788
89$1,307,968,797$136,944,612$68,217,124$1,121,161,643
90$1,441,231,280$143,504,565$70,352,064$1,233,862,582
91$1,588,081,802$150,381,219$72,553,789$1,357,991,936
92$1,749,906,192$157,589,945$74,824,388$1,494,712,560
93$1,928,231,632$165,146,860$77,166,012$1,645,305,795
94$2,124,741,068$173,068,867$79,580,884$1,811,183,548
95$2,341,289,107$181,373,691$82,071,293$1,993,901,602
96$2,579,919,516$190,079,922$84,639,601$2,195,174,287
97$2,842,884,522$199,207,053$87,288,244$2,416,890,645
98$3,132,666,075$208,775,531$90,019,732$2,661,132,245
99$3,451,999,278$218,806,795$92,836,656$2,930,192,810
100$3,803,898,207$229,323,331$95,741,686$3,226,599,852