Can I retire at age 45 with 17,300,000?

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 $17,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,352,226
2 years$707,237$694,065$681,300$668,923$656,917$629,528
3 years$466,808$453,579$440,846$428,585$416,775$390,151
4 years$346,617$333,429$320,823$308,772$297,248$271,594
5 years$274,521$261,412$248,972$237,166$225,963$201,352
6 years$226,473$213,463$201,206$189,664$178,797$155,256
7 years$192,166$179,266$167,203$155,933$145,410$122,944
8 years$166,448$153,664$141,802$130,808$120,631$99,235
9 years$146,455$133,792$122,134$111,420$101,589$81,248
10 years$130,471$117,931$106,479$96,045$86,559$67,253
11 years$117,401$104,987$93,742$83,588$74,444$56,151
12 years$106,517$94,231$83,194$73,318$64,511$47,204
13 years$97,315$85,157$74,328$64,729$56,255$39,905
14 years$89,434$77,405$66,784$57,459$49,313$33,889
15 years$82,611$70,711$60,297$51,243$43,419$28,890
16 years$76,646$64,876$54,668$45,883$38,374$24,705
17 years$71,388$59,749$49,746$41,225$34,025$21,183
18 years$66,719$55,210$45,412$37,152$30,253$18,204
19 years$62,547$51,168$41,572$33,570$26,965$15,673
20 years$58,797$47,548$38,153$30,404$24,086$13,516
21 years$55,409$44,289$35,093$27,594$21,554$11,672
22 years$52,332$41,342$32,344$25,089$19,320$10,091
23 years$49,527$38,667$29,864$22,849$17,343$8,734
24 years$46,960$36,228$27,619$20,840$15,588$7,565
25 years$44,602$33,998$25,581$19,032$14,027$6,558
26 years$42,429$31,953$23,725$17,402$12,635$5,688
27 years$40,420$30,071$22,031$15,928$11,392$4,937
28 years$38,558$28,336$20,480$14,594$10,279$4,287
29 years$36,827$26,732$19,059$13,383$9,282$3,724
30 years$35,215$25,246$17,752$12,282$8,386$3,236
31 years$33,710$23,865$16,550$11,280$7,582$2,813
32 years$32,302$22,581$15,442$10,367$6,859$2,446
33 years$30,982$21,385$14,418$9,533$6,207$2,127
34 years$29,742$20,268$13,471$8,771$5,620$1,850
35 years$28,576$19,224$12,595$8,074$5,090$1,610
36 years$27,476$18,246$11,782$7,436$4,612$1,401
37 years$26,439$17,330$11,028$6,852$4,180$1,219
38 years$25,459$16,470$10,327$6,315$3,789$1,061
39 years$24,531$15,661$9,675$5,823$3,436$924
40 years$23,652$14,900$9,069$5,371$3,117$804
41 years$22,818$14,184$8,503$4,955$2,828$700
42 years$22,025$13,508$7,977$4,573$2,566$610
43 years$21,272$12,870$7,485$4,222$2,329$531
44 years$20,555$12,268$7,026$3,898$2,114$462
45 years$19,872$11,699$6,597$3,600$1,919$403
46 years$19,220$11,160$6,196$3,325$1,742$351
47 years$18,598$10,650$5,821$3,072$1,582$305
48 years$18,003$10,167$5,470$2,839$1,437$266
49 years$17,435$9,709$5,142$2,624$1,305$232
50 years$16,891$9,274$4,834$2,425$1,185$202

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $17,300,000, adding $5,408 every year, while hoping to spend $32,609 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: 84/11/5 Blend
44$17,300,000$17,300,000$17,300,000$17,300,000
45$19,070,178$18,153,278$17,885,128$20,671,286
46$20,980,641$19,008,093$18,449,584$22,571,304
47$23,084,878$19,903,701$19,031,857$24,652,688
48$25,402,619$20,842,067$19,632,508$26,937,596
49$27,955,607$21,825,249$20,252,118$29,446,422
50$30,767,801$22,855,408$20,891,286$32,201,624
51$33,865,601$23,934,807$21,550,628$35,227,933
52$37,278,101$25,065,821$22,230,783$38,552,589
53$41,037,359$26,250,938$22,932,406$42,205,588
54$45,178,703$27,492,768$23,656,175$46,219,969
55$49,741,064$28,794,047$24,402,790$50,632,121
56$54,767,341$30,157,643$25,172,972$55,482,124
57$60,304,807$31,586,566$25,967,464$60,814,123
58$66,405,559$33,083,968$26,787,035$66,676,745
59$73,127,001$34,653,158$27,632,476$73,123,554
60$80,532,394$36,297,602$28,504,603$80,213,550
61$88,691,451$38,020,937$29,404,260$88,011,727
62$97,680,991$39,826,974$30,332,314$96,589,682
63$107,585,668$41,719,713$31,289,664$106,026,284
64$118,498,772$43,703,344$32,277,233$116,408,422
65$130,523,102$45,782,263$33,295,975$127,831,810
66$143,771,943$47,961,079$34,346,875$140,401,899
67$158,370,134$50,244,625$35,430,949$154,234,859
68$174,455,244$52,637,968$36,549,242$169,458,674
69$192,178,874$55,146,423$37,702,836$186,214,346
70$211,708,083$57,775,561$38,892,845$204,657,221
71$233,226,970$60,531,227$40,120,418$224,958,450
72$256,938,411$63,419,547$41,386,742$247,306,597
73$283,065,972$66,446,947$42,693,041$271,909,419
74$311,856,018$69,620,165$44,040,575$298,995,815
75$343,580,045$72,946,266$45,430,647$328,817,984
76$378,537,236$76,432,659$46,864,600$361,653,800
77$417,057,289$80,087,115$48,343,819$397,809,426
78$459,503,529$83,917,780$49,869,734$437,622,199
79$506,276,337$87,933,200$51,443,818$481,463,805
80$557,816,930$92,142,333$53,067,592$529,743,784
81$614,611,526$96,554,577$54,742,626$582,913,383
82$677,195,936$101,179,785$56,470,538$641,469,812
83$746,160,617$106,028,290$58,252,997$705,960,925
84$822,156,252$111,110,929$60,091,725$776,990,386
85$905,899,891$116,439,065$61,988,498$855,223,357
86$998,181,717$122,024,617$63,945,151$941,392,764
87$1,099,872,511$127,880,082$65,963,572$1,036,306,213
88$1,211,931,868$134,018,567$68,045,712$1,140,853,594
89$1,335,417,259$140,453,817$70,193,584$1,256,015,479
90$1,471,494,013$147,200,247$72,409,262$1,382,872,358
91$1,621,446,317$154,272,974$74,694,888$1,522,614,836
92$1,786,689,344$161,687,852$77,052,669$1,676,554,851
93$1,968,782,608$169,461,508$79,484,884$1,846,138,052
94$2,169,444,689$177,611,377$81,993,883$2,032,957,430
95$2,390,569,460$186,155,747$84,582,091$2,238,768,337
96$2,634,243,962$195,113,796$87,252,008$2,465,505,051
97$2,902,768,111$204,505,637$90,006,215$2,715,299,011
98$3,198,676,407$214,352,362$92,847,372$2,990,498,926
99$3,524,761,868$224,676,094$95,778,226$3,293,692,931
100$3,884,102,389$235,500,034$98,801,608$3,627,732,997