Can I retire at age 45 with 17,100,000?

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 $17,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$1,412,102$1,399,524$1,387,252$1,375,274$1,363,578$1,332,237
2 years$699,060$686,041$673,423$661,189$649,323$617,921
3 years$461,411$448,335$435,749$423,630$411,957$381,475
4 years$342,609$329,574$317,114$305,202$293,811$264,483
5 years$271,347$258,390$246,093$234,424$223,351$195,259
6 years$223,855$210,995$198,880$187,471$176,730$149,903
7 years$189,945$177,193$165,270$154,130$143,729$118,172
8 years$164,524$151,887$140,162$129,296$119,237$94,940
9 years$144,762$132,245$120,722$110,132$100,415$77,359
10 years$128,962$116,568$105,248$94,934$85,558$63,719
11 years$116,044$103,773$92,659$82,621$73,583$52,930
12 years$105,286$93,141$82,232$72,470$63,765$44,266
13 years$96,190$84,173$73,469$63,980$55,605$37,223
14 years$88,400$76,511$66,012$56,794$48,743$31,440
15 years$81,655$69,894$59,600$50,651$42,917$26,653
16 years$75,759$64,126$54,036$45,352$37,930$22,664
17 years$70,563$59,058$49,171$40,749$33,631$19,321
18 years$65,948$54,572$44,887$36,723$29,904$16,507
19 years$61,824$50,577$41,092$33,182$26,654$14,128
20 years$58,117$46,998$37,712$30,053$23,808$12,110
21 years$54,768$43,777$34,688$27,275$21,305$10,394
22 years$51,727$40,864$31,970$24,799$19,097$8,931
23 years$48,955$38,220$29,519$22,585$17,143$7,681
24 years$46,417$35,809$27,300$20,599$15,408$6,612
25 years$44,086$33,605$25,285$18,812$13,865$5,695
26 years$41,938$31,584$23,451$17,201$12,489$4,908
27 years$39,953$29,724$21,776$15,744$11,260$4,233
28 years$38,112$28,009$20,244$14,425$10,160$3,651
29 years$36,402$26,423$18,838$13,228$9,174$3,151
30 years$34,808$24,954$17,547$12,140$8,290$2,720
31 years$33,320$23,589$16,359$11,150$7,495$2,349
32 years$31,928$22,320$15,263$10,247$6,779$2,029
33 years$30,624$21,138$14,251$9,423$6,135$1,753
34 years$29,398$20,034$13,315$8,670$5,555$1,515
35 years$28,245$19,002$12,449$7,981$5,031$1,309
36 years$27,159$18,035$11,646$7,350$4,559$1,131
37 years$26,133$17,130$10,900$6,772$4,132$978
38 years$25,164$16,279$10,208$6,242$3,746$845
39 years$24,247$15,480$9,563$5,756$3,397$731
40 years$23,378$14,728$8,964$5,309$3,081$632
41 years$22,554$14,020$8,405$4,898$2,795$546
42 years$21,771$13,352$7,884$4,520$2,536$473
43 years$21,026$12,722$7,398$4,173$2,302$409
44 years$20,317$12,126$6,945$3,853$2,089$353
45 years$19,642$11,564$6,521$3,558$1,897$306
46 years$18,998$11,031$6,125$3,287$1,722$264
47 years$18,383$10,527$5,754$3,037$1,564$229
48 years$17,795$10,049$5,407$2,806$1,420$198
49 years$17,233$9,597$5,082$2,593$1,290$171
50 years$16,696$9,167$4,778$2,397$1,172$148

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $17,100,000, adding $6,738 every year, while hoping to spend $50,308 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: 33/44/23 Blend
44$17,100,000$17,100,000$17,100,000$17,100,000
45$18,851,150$17,944,850$17,679,800$19,340,174
46$20,720,440$18,770,621$18,218,546$20,532,971
47$22,778,712$19,635,168$18,773,654$21,812,580
48$25,045,188$20,540,338$19,345,619$23,190,665
49$27,541,050$21,488,068$19,934,950$24,675,945
50$30,289,640$22,480,386$20,542,174$26,277,968
51$33,316,677$23,519,419$21,167,831$28,007,198
52$36,650,504$24,607,396$21,812,478$29,875,104
53$40,322,349$25,746,652$22,476,690$31,894,257
54$44,366,628$26,939,637$23,161,059$34,078,443
55$48,821,262$28,188,918$23,866,192$36,442,783
56$53,728,040$29,497,184$24,592,719$39,003,865
57$59,133,010$30,867,256$25,341,285$41,779,889
58$65,086,916$32,302,090$26,112,557$44,790,833
59$71,645,673$33,804,784$26,907,219$48,058,623
60$78,870,900$35,378,588$27,725,980$51,607,336
61$86,830,498$37,026,904$28,569,566$55,463,409
62$95,599,290$38,753,303$29,438,727$59,655,877
63$105,259,729$40,561,527$30,334,236$64,216,637
64$115,902,676$42,455,496$31,256,888$69,180,731
65$127,628,257$44,439,324$32,207,502$74,586,662
66$140,546,807$46,517,319$33,186,922$80,476,746
67$154,779,915$48,694,001$34,196,017$86,897,492
68$170,461,566$50,974,106$35,235,683$93,900,023
69$187,739,409$53,362,601$36,306,842$101,540,547
70$206,776,151$55,864,691$37,410,443$109,880,862
71$227,751,092$58,485,834$38,547,466$118,988,923
72$250,861,815$61,231,752$39,718,919$128,939,465
73$276,326,056$64,108,444$40,925,838$139,814,685
74$304,383,754$67,122,197$42,169,294$151,704,996
75$335,299,319$70,279,607$43,450,387$164,709,860
76$369,364,127$73,587,585$44,770,252$178,938,697
77$406,899,270$77,053,379$46,130,058$194,511,901
78$448,258,587$80,684,587$47,531,007$211,561,940
79$493,832,006$84,489,175$48,974,339$230,234,589
80$544,049,222$88,475,495$50,461,330$250,690,269
81$599,383,754$92,652,306$51,993,296$273,105,533
82$660,357,416$97,028,787$53,571,590$297,674,707
83$727,545,241$101,614,567$55,197,608$324,611,680
84$801,580,913$106,419,738$56,872,785$354,151,900
85$883,162,744$111,454,883$58,598,601$386,554,550
86$973,060,270$116,731,099$60,376,580$422,104,965
87$1,072,121,514$122,260,019$62,208,292$461,117,279
88$1,181,280,992$128,053,843$64,095,353$503,937,354
89$1,301,568,533$134,125,362$66,039,427$550,945,998
90$1,434,119,005$140,487,986$68,042,230$602,562,514
91$1,580,183,026$147,155,779$70,105,527$659,248,614
92$1,741,138,769$154,143,487$72,231,136$721,512,722
93$1,918,504,975$161,466,570$74,420,931$789,914,726
94$2,113,955,291$169,141,240$76,676,841$865,071,206
95$2,329,334,068$177,184,498$79,000,853$947,661,197
96$2,566,673,774$185,614,169$81,395,012$1,038,432,542
97$2,828,214,179$194,448,944$83,861,425$1,138,208,884
98$3,116,423,506$203,708,423$86,402,264$1,247,897,379
99$3,434,021,726$213,413,158$89,019,762$1,368,497,189
100$3,784,006,239$223,584,700$91,716,221$1,501,108,846