Can I retire at age 45 with 17,200,000?

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 $17,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$1,420,360$1,407,708$1,395,364$1,383,316$1,371,552$1,331,382
2 years$703,148$690,053$677,361$665,056$653,120$612,975
3 years$464,109$450,957$438,298$426,108$414,366$375,504
4 years$344,613$331,501$318,968$306,987$295,529$258,249
5 years$272,934$259,901$247,533$235,795$224,657$189,059
6 years$225,164$212,229$200,043$188,567$177,763$143,880
7 years$191,055$178,229$166,237$155,032$144,569$112,400
8 years$165,486$152,776$140,982$130,052$119,934$89,461
9 years$145,609$133,019$121,428$110,776$101,002$72,193
10 years$129,717$117,249$105,863$95,490$86,059$58,874
11 years$116,722$104,380$93,200$83,105$74,013$48,407
12 years$105,901$93,686$82,713$72,894$64,138$40,060
13 years$96,753$84,665$73,899$64,354$55,930$33,326
14 years$88,917$76,958$66,398$57,127$49,028$27,840
15 years$82,133$70,302$59,949$50,947$43,168$23,338
16 years$76,202$64,501$54,352$45,617$38,152$19,620
17 years$70,975$59,403$49,458$40,987$33,828$16,532
18 years$66,334$54,891$45,149$36,937$30,078$13,958
19 years$62,186$50,873$41,332$33,376$26,810$11,804
20 years$58,457$47,273$37,932$30,229$23,947$9,996
21 years$55,088$44,033$34,890$27,434$21,430$8,475
22 years$52,030$41,103$32,157$24,944$19,209$7,192
23 years$49,241$38,443$29,691$22,717$17,243$6,108
24 years$46,689$36,019$27,459$20,719$15,498$5,192
25 years$44,344$33,802$25,433$18,922$13,946$4,415
26 years$42,184$31,768$23,588$17,301$12,562$3,756
27 years$40,186$29,898$21,903$15,836$11,326$3,197
28 years$38,335$28,172$20,362$14,509$10,219$2,723
29 years$36,615$26,577$18,949$13,305$9,228$2,319
30 years$35,012$25,100$17,650$12,211$8,338$1,976
31 years$33,515$23,727$16,454$11,215$7,538$1,684
32 years$32,115$22,451$15,352$10,307$6,819$1,435
33 years$30,803$21,261$14,334$9,478$6,171$1,223
34 years$29,570$20,151$13,393$8,721$5,587$1,043
35 years$28,410$19,113$12,522$8,028$5,061$889
36 years$27,318$18,141$11,714$7,393$4,585$758
37 years$26,286$17,230$10,964$6,812$4,156$647
38 years$25,312$16,374$10,267$6,279$3,768$552
39 years$24,389$15,570$9,619$5,789$3,417$470
40 years$23,515$14,814$9,016$5,340$3,099$401
41 years$22,686$14,102$8,454$4,927$2,811$342
42 years$21,898$13,430$7,930$4,547$2,551$292
43 years$21,149$12,796$7,442$4,197$2,315$249
44 years$20,436$12,197$6,985$3,875$2,102$213
45 years$19,757$11,631$6,559$3,579$1,908$181
46 years$19,109$11,096$6,160$3,306$1,732$155
47 years$18,490$10,589$5,788$3,054$1,573$132
48 years$17,899$10,108$5,439$2,822$1,428$113
49 years$17,334$9,653$5,112$2,608$1,297$96
50 years$16,793$9,221$4,806$2,411$1,178$82

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $17,200,000, adding $5,860 every year, while hoping to spend $30,872 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: 50/21/29 Blend
44$17,200,000$17,200,000$17,200,000$17,200,000
45$18,960,445$18,048,845$17,782,245$19,752,361
46$20,861,562$18,900,390$18,345,102$21,158,923
47$22,955,559$19,792,627$18,925,781$22,683,377
48$25,262,077$20,727,516$19,524,845$24,339,840
49$27,802,758$21,707,114$20,142,877$26,140,862
50$30,601,454$22,733,577$20,780,477$28,100,242
51$33,684,444$23,809,165$21,438,266$30,233,143
52$37,080,692$24,936,248$22,116,882$32,556,238
53$40,822,111$26,117,312$22,816,985$35,087,856
54$44,943,868$27,354,963$23,539,257$37,848,154
55$49,484,719$28,651,932$24,284,398$40,859,296
56$54,487,369$30,011,086$25,053,134$44,145,663
57$59,998,879$31,435,426$25,846,212$47,734,070
58$66,071,106$32,928,105$26,664,402$51,654,017
59$72,761,200$34,492,423$27,508,501$55,937,958
60$80,132,135$36,131,844$28,379,328$60,621,601
61$88,253,308$37,849,999$29,277,730$65,744,238
62$97,201,193$39,650,697$30,204,582$71,349,107
63$107,060,063$41,537,929$31,160,784$77,483,791
64$117,922,784$43,515,883$32,147,265$84,200,661
65$129,891,695$45,588,948$33,164,985$91,557,361
66$143,079,569$47,761,728$34,214,934$99,617,339
67$157,610,683$50,039,050$35,298,131$108,450,442
68$173,621,986$52,425,976$36,415,632$118,133,558
69$191,264,394$54,927,815$37,568,521$128,751,339
70$210,704,217$57,550,133$38,757,921$140,396,982
71$232,124,723$60,298,765$39,984,988$153,173,103
72$255,727,875$63,179,834$41,250,915$167,192,686
73$281,736,230$66,199,758$42,556,932$182,580,147
74$310,395,047$69,365,268$43,904,311$199,472,485
75$341,974,598$72,683,422$45,294,361$218,020,567
76$376,772,719$76,161,622$46,728,435$238,390,539
77$415,117,625$79,807,631$48,207,926$260,765,373
78$457,371,006$83,629,587$49,734,275$285,346,586
79$503,931,440$87,636,028$51,308,964$312,356,121
80$555,238,158$91,835,905$52,933,526$342,038,424
81$611,775,192$96,238,607$54,609,541$374,662,738
82$674,075,940$100,853,976$56,338,639$410,525,624
83$742,728,204$105,692,339$58,122,501$449,953,739
84$818,379,739$110,764,522$59,962,863$493,306,902
85$901,744,368$116,081,880$61,861,515$540,981,466
86$993,608,721$121,656,319$63,820,304$593,414,043
87$1,094,839,661$127,500,329$65,841,134$651,085,595
88$1,206,392,467$133,627,005$67,925,972$714,525,955
89$1,329,319,852$140,050,082$70,076,845$784,318,803
90$1,464,781,904$146,783,963$72,295,847$861,107,147
91$1,614,057,035$153,843,754$74,585,135$945,599,367
92$1,778,554,052$161,245,298$76,946,936$1,038,575,874
93$1,959,825,455$169,005,208$79,383,549$1,140,896,443
94$2,159,582,097$177,140,908$81,897,343$1,253,508,303
95$2,379,709,331$185,670,673$84,490,764$1,377,455,044
96$2,622,284,814$194,613,667$87,166,336$1,513,886,432
97$2,889,598,117$203,989,989$89,926,660$1,664,069,229
98$3,184,172,346$213,820,719$92,774,424$1,829,399,115
99$3,508,787,955$224,127,964$95,712,397$2,011,413,822
100$3,866,509,002$234,934,910$98,743,438$2,211,807,610