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

Use the below retirement simulation to view the chances of a successful retirement.
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%14%
1 years$1,420,360$1,407,708$1,395,364$1,383,316$1,371,552$1,348,830
2 years$703,148$690,053$677,361$665,056$653,120$630,295
3 years$464,109$450,957$438,298$426,108$414,366$392,147
4 years$344,613$331,501$318,968$306,987$295,529$274,089
5 years$272,934$259,901$247,533$235,795$224,657$204,056
6 years$225,164$212,229$200,043$188,567$177,763$158,026
7 years$191,055$178,229$166,237$155,032$144,569$125,701
8 years$165,486$152,776$140,982$130,052$119,934$101,931
9 years$145,609$133,019$121,428$110,776$101,002$83,855
10 years$129,717$117,249$105,863$95,490$86,059$69,753
11 years$116,722$104,380$93,200$83,105$74,013$58,532
12 years$105,901$93,686$82,713$72,894$64,138$49,461
13 years$96,753$84,665$73,899$64,354$55,930$42,034
14 years$88,917$76,958$66,398$57,127$49,028$35,891
15 years$82,133$70,302$59,949$50,947$43,168$30,765
16 years$76,202$64,501$54,352$45,617$38,152$26,458
17 years$70,975$59,403$49,458$40,987$33,828$22,816
18 years$66,334$54,891$45,149$36,937$30,078$19,721
19 years$62,186$50,873$41,332$33,376$26,810$17,080
20 years$58,457$47,273$37,932$30,229$23,947$14,818
21 years$55,088$44,033$34,890$27,434$21,430$12,874
22 years$52,030$41,103$32,157$24,944$19,209$11,200
23 years$49,241$38,443$29,691$22,717$17,243$9,753
24 years$46,689$36,019$27,459$20,719$15,498$8,501
25 years$44,344$33,802$25,433$18,922$13,946$7,416
26 years$42,184$31,768$23,588$17,301$12,562$6,474
27 years$40,186$29,898$21,903$15,836$11,326$5,655
28 years$38,335$28,172$20,362$14,509$10,219$4,943
29 years$36,615$26,577$18,949$13,305$9,228$4,322
30 years$35,012$25,100$17,650$12,211$8,338$3,780
31 years$33,515$23,727$16,454$11,215$7,538$3,308
32 years$32,115$22,451$15,352$10,307$6,819$2,896
33 years$30,803$21,261$14,334$9,478$6,171$2,535
34 years$29,570$20,151$13,393$8,721$5,587$2,220
35 years$28,410$19,113$12,522$8,028$5,061$1,945
36 years$27,318$18,141$11,714$7,393$4,585$1,704
37 years$26,286$17,230$10,964$6,812$4,156$1,493
38 years$25,312$16,374$10,267$6,279$3,768$1,308
39 years$24,389$15,570$9,619$5,789$3,417$1,147
40 years$23,515$14,814$9,016$5,340$3,099$1,005
41 years$22,686$14,102$8,454$4,927$2,811$881
42 years$21,898$13,430$7,930$4,547$2,551$772
43 years$21,149$12,796$7,442$4,197$2,315$677
44 years$20,436$12,197$6,985$3,875$2,102$594
45 years$19,757$11,631$6,559$3,579$1,908$521
46 years$19,109$11,096$6,160$3,306$1,732$457
47 years$18,490$10,589$5,788$3,054$1,573$400
48 years$17,899$10,108$5,439$2,822$1,428$351
49 years$17,334$9,653$5,112$2,608$1,297$308
50 years$16,793$9,221$4,806$2,411$1,178$270

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 $2,397 every year, while hoping to spend $41,629 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: 39/35/26 Blend
44$17,200,000$17,200,000$17,200,000$17,200,000
45$18,956,873$18,045,273$17,778,673$19,549,751
46$20,846,181$18,885,198$18,329,965$20,821,324
47$22,926,803$19,764,884$18,898,331$22,191,328
48$25,218,209$20,686,236$19,484,298$23,671,953
49$27,741,855$21,651,250$20,088,410$25,273,298
50$30,521,381$22,662,018$20,711,228$27,006,445
51$33,582,839$23,720,735$21,353,332$28,883,549
52$36,954,937$24,829,699$22,015,316$30,917,954
53$40,669,308$25,991,321$22,697,797$33,124,306
54$44,760,811$27,208,130$23,401,407$35,518,685
55$49,267,860$28,482,774$24,126,800$38,118,748
56$54,232,783$29,818,032$24,874,650$40,943,888
57$59,702,226$31,216,814$25,645,649$44,015,408
58$65,727,589$32,682,175$26,440,515$47,356,713
59$72,365,515$34,217,313$27,259,984$50,993,519
60$79,678,422$35,825,585$28,104,818$54,954,090
61$87,735,091$37,510,509$28,975,799$59,269,488
62$96,611,319$39,275,773$29,873,737$63,973,860
63$106,390,630$41,125,242$30,799,464$69,104,748
64$117,165,068$43,062,972$31,753,839$74,703,428
65$129,036,059$45,093,212$32,737,747$80,815,291
66$142,115,377$47,220,419$33,752,101$87,490,257
67$156,526,190$49,449,265$34,797,841$94,783,228
68$172,404,231$51,784,648$35,875,938$102,754,599
69$189,899,071$54,231,704$36,987,391$111,470,808
70$209,175,537$56,795,819$38,133,230$121,004,948
71$230,415,266$59,482,639$39,314,517$131,437,441
72$253,818,418$62,298,083$40,532,348$142,856,780
73$279,605,567$65,248,359$41,787,852$155,360,346
74$308,019,781$68,339,975$43,082,191$169,055,307
75$339,328,920$71,579,755$44,416,566$184,059,613
76$373,828,162$74,974,855$45,792,213$200,503,083
77$411,842,789$78,532,777$47,210,406$218,528,615
78$453,731,258$82,261,388$48,672,460$238,293,509
79$499,888,587$86,168,937$50,179,728$259,970,928
80$550,750,081$90,264,073$51,733,607$283,751,508
81$606,795,443$94,555,866$53,335,536$309,845,132
82$668,553,300$99,053,825$54,986,999$338,482,885
83$736,606,198$103,767,923$56,689,524$369,919,206
84$811,596,095$108,708,617$58,444,689$404,434,259
85$894,230,428$113,886,871$60,254,117$442,336,547
86$985,288,787$119,314,182$62,119,485$483,965,796
87$1,085,630,274$125,002,608$64,042,518$529,696,121
88$1,196,201,616$130,964,790$66,024,997$579,939,526
89$1,318,046,103$137,213,987$68,068,756$635,149,757
90$1,452,313,433$143,764,099$70,175,687$695,826,545
91$1,600,270,569$150,629,706$72,347,738$762,520,281
92$1,763,313,700$157,826,095$74,586,920$835,837,172
93$1,942,981,419$165,369,295$76,895,304$916,444,918
94$2,140,969,252$173,276,119$79,275,025$1,005,078,968
95$2,359,145,662$181,564,195$81,728,285$1,102,549,413
96$2,599,569,688$190,252,009$84,257,351$1,209,748,586
97$2,864,510,386$199,358,947$86,864,562$1,327,659,427
98$3,156,468,250$208,905,341$89,552,330$1,457,364,712
99$3,478,198,818$218,912,508$92,323,139$1,600,057,210
100$3,832,738,683$229,402,807$95,179,550$1,757,050,887