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%
1 years$1,420,360$1,407,708$1,395,364$1,383,316$1,371,552$1,332,455
2 years$703,148$690,053$677,361$665,056$653,120$614,034
3 years$464,109$450,957$438,298$426,108$414,366$376,517
4 years$344,613$331,501$318,968$306,987$295,529$259,207
5 years$272,934$259,901$247,533$235,795$224,657$189,960
6 years$225,164$212,229$200,043$188,567$177,763$144,724
7 years$191,055$178,229$166,237$155,032$144,569$113,188
8 years$165,486$152,776$140,982$130,052$119,934$90,194
9 years$145,609$133,019$121,428$110,776$101,002$72,873
10 years$129,717$117,249$105,863$95,490$86,059$59,503
11 years$116,722$104,380$93,200$83,105$74,013$48,987
12 years$105,901$93,686$82,713$72,894$64,138$40,594
13 years$96,753$84,665$73,899$64,354$55,930$33,815
14 years$88,917$76,958$66,398$57,127$49,028$28,288
15 years$82,133$70,302$59,949$50,947$43,168$23,747
16 years$76,202$64,501$54,352$45,617$38,152$19,992
17 years$70,975$59,403$49,458$40,987$33,828$16,871
18 years$66,334$54,891$45,149$36,937$30,078$14,265
19 years$62,186$50,873$41,332$33,376$26,810$12,082
20 years$58,457$47,273$37,932$30,229$23,947$10,247
21 years$55,088$44,033$34,890$27,434$21,430$8,701
22 years$52,030$41,103$32,157$24,944$19,209$7,395
23 years$49,241$38,443$29,691$22,717$17,243$6,291
24 years$46,689$36,019$27,459$20,719$15,498$5,355
25 years$44,344$33,802$25,433$18,922$13,946$4,562
26 years$42,184$31,768$23,588$17,301$12,562$3,887
27 years$40,186$29,898$21,903$15,836$11,326$3,314
28 years$38,335$28,172$20,362$14,509$10,219$2,827
29 years$36,615$26,577$18,949$13,305$9,228$2,412
30 years$35,012$25,100$17,650$12,211$8,338$2,058
31 years$33,515$23,727$16,454$11,215$7,538$1,757
32 years$32,115$22,451$15,352$10,307$6,819$1,500
33 years$30,803$21,261$14,334$9,478$6,171$1,281
34 years$29,570$20,151$13,393$8,721$5,587$1,094
35 years$28,410$19,113$12,522$8,028$5,061$934
36 years$27,318$18,141$11,714$7,393$4,585$798
37 years$26,286$17,230$10,964$6,812$4,156$682
38 years$25,312$16,374$10,267$6,279$3,768$582
39 years$24,389$15,570$9,619$5,789$3,417$498
40 years$23,515$14,814$9,016$5,340$3,099$425
41 years$22,686$14,102$8,454$4,927$2,811$363
42 years$21,898$13,430$7,930$4,547$2,551$310
43 years$21,149$12,796$7,442$4,197$2,315$265
44 years$20,436$12,197$6,985$3,875$2,102$227
45 years$19,757$11,631$6,559$3,579$1,908$194
46 years$19,109$11,096$6,160$3,306$1,732$166
47 years$18,490$10,589$5,788$3,054$1,573$141
48 years$17,899$10,108$5,439$2,822$1,428$121
49 years$17,334$9,653$5,112$2,608$1,297$103
50 years$16,793$9,221$4,806$2,411$1,178$88

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 $4,430 every year, while hoping to spend $47,954 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: 62/33/5 Blend
44$17,200,000$17,200,000$17,200,000$17,200,000
45$18,958,970$18,047,370$17,780,770$20,119,435
46$20,841,762$18,880,668$18,325,403$21,726,948
47$22,914,992$19,753,191$18,886,674$23,474,637
48$25,198,033$20,666,809$19,465,090$25,380,794
49$27,712,235$21,623,485$20,061,172$27,460,711
50$30,481,121$22,625,274$20,675,460$29,731,200
51$33,530,614$23,674,332$21,308,506$32,210,748
52$36,889,278$24,772,916$21,960,883$34,919,683
53$40,588,591$25,923,395$22,633,179$37,880,360
54$44,663,236$27,128,250$23,326,000$41,117,369
55$49,151,436$28,390,084$24,039,970$44,657,757
56$54,095,307$29,711,622$24,775,734$48,531,277
57$59,541,261$31,095,725$25,533,954$52,770,664
58$65,540,442$32,545,388$26,315,313$57,411,935
59$72,149,207$34,063,752$27,120,517$62,494,718
60$79,429,662$35,654,111$27,950,289$68,062,623
61$87,450,241$37,319,917$28,805,378$74,163,644
62$96,286,360$39,064,787$29,686,553$80,850,598
63$106,021,124$40,892,517$30,594,607$88,181,621
64$116,746,111$42,807,082$31,530,359$96,220,702
65$128,562,237$44,812,652$32,494,649$105,038,278
66$141,580,711$46,913,598$33,488,345$114,711,888
67$155,924,081$49,114,502$34,512,342$125,326,897
68$171,727,392$51,420,167$35,567,560$136,977,281
69$189,139,461$53,835,630$36,654,948$149,766,513
70$208,324,281$56,366,171$37,775,484$163,808,516
71$229,462,569$59,017,325$38,930,174$179,228,733
72$252,753,473$61,794,895$40,120,057$196,165,292
73$278,416,449$64,704,967$41,346,201$214,770,296
74$306,693,336$67,753,920$42,609,708$235,211,245
75$337,850,635$70,948,440$43,911,712$257,672,597
76$372,182,027$74,295,542$45,253,382$282,357,495
77$410,011,147$77,802,576$46,635,923$309,489,666
78$451,694,633$81,477,252$48,060,576$339,315,513
79$497,625,499$85,327,650$49,528,618$372,106,423
80$548,236,841$89,362,246$51,041,368$408,161,306
81$604,005,925$93,589,923$52,600,181$447,809,396
82$665,458,698$98,019,997$54,206,455$491,413,338
83$733,174,745$102,662,237$55,861,631$539,372,583
84$807,792,765$107,526,883$57,567,192$592,127,139
85$890,016,601$112,624,674$59,324,666$650,161,696
86$980,621,880$117,966,869$61,135,629$714,010,173
87$1,080,463,341$123,565,275$63,001,701$784,260,732
88$1,190,482,899$129,432,270$64,924,556$861,561,301
89$1,311,718,539$135,580,836$66,905,913$946,625,655
90$1,445,314,116$142,024,582$68,947,546$1,040,240,124
91$1,592,530,150$148,777,781$71,051,284$1,143,270,983
92$1,754,755,731$155,855,398$73,219,007$1,256,672,591
93$1,933,521,627$163,273,124$75,452,655$1,381,496,363
94$2,130,514,741$171,047,415$77,754,227$1,518,900,657
95$2,347,594,029$179,195,523$80,125,779$1,670,161,669
96$2,586,808,060$187,735,543$82,569,431$1,836,685,433
97$2,850,414,343$196,686,446$85,087,369$2,020,021,053
98$3,140,900,651$206,068,127$87,681,841$2,221,875,278
99$3,461,008,500$215,901,448$90,355,165$2,444,128,563
100$3,813,759,033$226,208,285$93,109,729$2,688,852,772