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%18.2%
1 years$1,403,844$1,391,339$1,379,139$1,367,231$1,355,604$1,310,637
2 years$694,972$682,029$669,485$657,323$645,526$600,658
3 years$458,713$445,714$433,201$421,153$409,548$366,189
4 years$340,606$327,647$315,260$303,417$292,093$250,575
5 years$269,760$256,879$244,654$233,053$222,044$182,477
6 years$222,546$209,761$197,717$186,375$175,696$138,112
7 years$188,834$176,157$164,304$153,229$142,888$107,281
8 years$163,562$150,999$139,343$128,540$118,539$84,884
9 years$143,916$131,472$120,016$109,487$99,827$68,084
10 years$128,208$115,886$104,632$94,379$85,058$55,175
11 years$115,365$103,166$92,117$82,138$73,153$45,074
12 years$104,670$92,597$81,751$72,046$63,393$37,056
13 years$95,628$83,680$73,039$63,606$55,280$30,618
14 years$87,883$76,063$65,626$56,462$48,458$25,401
15 years$81,178$69,485$59,252$50,355$42,666$21,143
16 years$75,316$63,751$53,720$45,087$37,708$17,647
17 years$70,150$58,712$48,883$40,510$33,435$14,762
18 years$65,562$54,253$44,624$36,508$29,729$12,371
19 years$61,463$50,281$40,851$32,988$26,498$10,383
20 years$57,778$46,724$37,491$29,877$23,668$8,726
21 years$54,448$43,521$34,485$27,115$21,180$7,341
22 years$51,425$40,625$31,783$24,654$18,985$6,181
23 years$48,669$37,996$29,346$22,453$17,042$5,209
24 years$46,146$35,600$27,140$20,478$15,318$4,392
25 years$43,829$33,409$25,137$18,702$13,784$3,705
26 years$41,693$31,399$23,313$17,100$12,416$3,127
27 years$39,719$29,550$21,649$15,652$11,194$2,640
28 years$37,889$27,845$20,125$14,341$10,101$2,230
29 years$36,189$26,268$18,728$13,151$9,121$1,884
30 years$34,605$24,808$17,445$12,069$8,241$1,592
31 years$33,126$23,452$16,263$11,085$7,451$1,345
32 years$31,742$22,190$15,174$10,187$6,740$1,137
33 years$30,445$21,014$14,168$9,368$6,099$961
34 years$29,226$19,917$13,238$8,619$5,522$813
35 years$28,080$18,891$12,376$7,934$5,002$687
36 years$27,000$17,930$11,578$7,307$4,532$581
37 years$25,981$17,029$10,836$6,733$4,107$492
38 years$25,017$16,184$10,148$6,206$3,724$416
39 years$24,106$15,389$9,507$5,722$3,377$352
40 years$23,242$14,642$8,911$5,278$3,063$297
41 years$22,422$13,938$8,356$4,869$2,779$252
42 years$21,643$13,274$7,838$4,494$2,521$213
43 years$20,903$12,647$7,355$4,148$2,288$180
44 years$20,198$12,055$6,904$3,830$2,077$152
45 years$19,527$11,496$6,483$3,537$1,886$129
46 years$18,886$10,967$6,089$3,268$1,712$109
47 years$18,275$10,465$5,720$3,019$1,555$92
48 years$17,691$9,991$5,375$2,790$1,412$78
49 years$17,132$9,541$5,053$2,578$1,282$66
50 years$16,598$9,114$4,750$2,383$1,165$56

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 $5,944 every year, while hoping to spend $36,501 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: 59/31/10 Blend
44$17,000,000$17,000,000$17,000,000$17,000,000
45$18,740,131$17,839,131$17,575,631$19,801,524
46$20,612,788$18,674,412$18,125,578$21,351,090
47$22,675,232$19,549,398$18,692,725$23,035,298
48$24,946,784$20,465,996$19,277,609$24,870,831
49$27,448,732$21,426,207$19,880,785$26,872,239
50$30,204,536$22,432,124$20,502,825$29,055,516
51$33,240,048$23,485,947$21,144,319$31,438,245
52$36,583,753$24,589,979$21,805,874$34,039,759
53$40,267,042$25,746,634$22,488,117$36,881,319
54$44,324,507$26,958,446$23,191,695$39,986,305
55$48,794,266$28,228,069$23,917,276$43,380,433
56$53,718,322$29,558,286$24,665,546$47,091,991
57$59,142,964$30,952,015$25,437,215$51,152,095
58$65,119,199$32,412,316$26,233,015$55,594,980
59$71,703,235$33,942,397$27,053,698$60,458,313
60$78,957,012$35,545,622$27,900,044$65,783,540
61$86,948,786$37,225,515$28,772,854$71,616,269
62$95,753,772$38,985,776$29,672,955$78,006,693
63$105,454,858$40,830,280$30,601,199$85,010,052
64$116,143,381$42,763,091$31,558,468$92,687,144
65$127,919,996$44,788,473$32,545,667$101,104,893
66$140,895,621$46,910,893$33,563,731$110,336,965
67$155,192,484$49,135,037$34,613,627$120,464,454
68$170,945,281$51,465,818$35,696,347$131,576,638
69$188,302,444$53,908,386$36,812,918$143,771,805
70$207,427,540$56,468,144$37,964,397$157,158,169
71$228,500,820$59,150,755$39,151,876$171,854,882
72$251,720,919$61,962,157$40,376,479$187,993,137
73$277,306,728$64,908,578$41,639,367$205,717,400
74$305,499,463$67,996,547$42,941,734$225,186,752
75$336,564,942$71,232,911$44,284,816$246,576,375
76$370,796,092$74,624,850$45,669,883$270,079,193
77$408,515,718$78,179,892$47,098,249$295,907,669
78$450,079,546$81,905,932$48,571,265$324,295,797
79$495,879,584$85,811,247$50,090,327$355,501,290
80$546,347,822$89,904,518$51,656,873$389,807,990
81$601,960,308$94,194,847$53,272,386$427,528,529
82$663,241,645$98,691,781$54,938,397$469,007,254
83$730,769,943$103,405,328$56,656,483$514,623,459
84$805,182,273$108,345,985$58,428,271$564,794,937
85$887,180,685$113,524,758$60,255,439$619,981,901
86$977,538,834$118,953,191$62,139,715$680,691,298
87$1,077,109,285$124,643,387$64,082,886$747,481,568
88$1,186,831,559$130,608,040$66,086,789$820,967,888
89$1,307,741,004$136,860,460$68,153,323$901,827,946
90$1,440,978,571$143,414,607$70,284,443$990,808,307
91$1,587,801,580$150,285,118$72,482,167$1,088,731,424
92$1,749,595,597$157,487,345$74,748,576$1,196,503,373
93$1,927,887,510$165,037,386$77,085,814$1,315,122,361
94$2,124,359,941$172,952,123$79,496,095$1,445,688,116
95$2,340,867,140$181,249,262$81,981,699$1,589,412,227
96$2,579,452,481$189,947,369$84,544,979$1,747,629,537
97$2,842,367,760$199,065,915$87,188,361$1,921,810,700
98$3,132,094,447$208,625,321$89,914,347$2,113,576,020
99$3,451,367,119$218,647,000$92,725,516$2,324,710,693
100$3,803,199,273$229,153,412$95,624,529$2,557,181,615