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

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 $17,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,347,271
2 years$707,237$694,065$681,300$668,923$656,917$624,604
3 years$466,808$453,579$440,846$428,585$416,775$385,414
4 years$346,617$333,429$320,823$308,772$297,248$267,079
5 years$274,521$261,412$248,972$237,166$225,963$197,072
6 years$226,473$213,463$201,206$189,664$178,797$151,213
7 years$192,166$179,266$167,203$155,933$145,410$119,137
8 years$166,448$153,664$141,802$130,808$120,631$95,659
9 years$146,455$133,792$122,134$111,420$101,589$77,898
10 years$130,471$117,931$106,479$96,045$86,559$64,123
11 years$117,401$104,987$93,742$83,588$74,444$53,232
12 years$106,517$94,231$83,194$73,318$64,511$44,490
13 years$97,315$85,157$74,328$64,729$56,255$37,386
14 years$89,434$77,405$66,784$57,459$49,313$31,556
15 years$82,611$70,711$60,297$51,243$43,419$26,733
16 years$76,646$64,876$54,668$45,883$38,374$22,715
17 years$71,388$59,749$49,746$41,225$34,025$19,351
18 years$66,719$55,210$45,412$37,152$30,253$16,520
19 years$62,547$51,168$41,572$33,570$26,965$14,129
20 years$58,797$47,548$38,153$30,404$24,086$12,102
21 years$55,409$44,289$35,093$27,594$21,554$10,379
22 years$52,332$41,342$32,344$25,089$19,320$8,911
23 years$49,527$38,667$29,864$22,849$17,343$7,658
24 years$46,960$36,228$27,619$20,840$15,588$6,587
25 years$44,602$33,998$25,581$19,032$14,027$5,669
26 years$42,429$31,953$23,725$17,402$12,635$4,882
27 years$40,420$30,071$22,031$15,928$11,392$4,206
28 years$38,558$28,336$20,480$14,594$10,279$3,626
29 years$36,827$26,732$19,059$13,383$9,282$3,127
30 years$35,215$25,246$17,752$12,282$8,386$2,697
31 years$33,710$23,865$16,550$11,280$7,582$2,327
32 years$32,302$22,581$15,442$10,367$6,859$2,008
33 years$30,982$21,385$14,418$9,533$6,207$1,733
34 years$29,742$20,268$13,471$8,771$5,620$1,497
35 years$28,576$19,224$12,595$8,074$5,090$1,292
36 years$27,476$18,246$11,782$7,436$4,612$1,116
37 years$26,439$17,330$11,028$6,852$4,180$964
38 years$25,459$16,470$10,327$6,315$3,789$833
39 years$24,531$15,661$9,675$5,823$3,436$719
40 years$23,652$14,900$9,069$5,371$3,117$621
41 years$22,818$14,184$8,503$4,955$2,828$537
42 years$22,025$13,508$7,977$4,573$2,566$464
43 years$21,272$12,870$7,485$4,222$2,329$401
44 years$20,555$12,268$7,026$3,898$2,114$346
45 years$19,872$11,699$6,597$3,600$1,919$299
46 years$19,220$11,160$6,196$3,325$1,742$259
47 years$18,598$10,650$5,821$3,072$1,582$223
48 years$18,003$10,167$5,470$2,839$1,437$193
49 years$17,435$9,709$5,142$2,624$1,305$167
50 years$16,891$9,274$4,834$2,425$1,185$144

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 $3,992 every year, while hoping to spend $31,310 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: 35/41/24 Blend
44$17,300,000$17,300,000$17,300,000$17,300,000
45$19,068,718$18,151,818$17,883,668$19,597,322
46$20,980,413$19,007,943$18,449,457$20,845,601
47$23,086,053$19,904,969$19,033,151$22,188,395
48$25,405,384$20,844,868$19,635,316$23,636,632
49$27,960,172$21,829,704$20,256,537$25,199,741
50$30,774,396$22,861,646$20,897,417$26,888,052
51$33,874,482$23,942,965$21,558,579$28,712,891
52$37,289,553$25,076,043$22,240,665$30,686,672
53$41,051,696$26,263,378$22,944,336$32,823,011
54$45,196,274$27,507,589$23,670,276$35,136,842
55$49,762,254$28,811,421$24,419,191$37,644,553
56$54,792,577$30,177,754$25,191,807$40,364,123
57$60,334,562$31,609,606$25,988,874$43,315,287
58$66,440,354$33,110,143$26,811,168$46,519,713
59$73,167,413$34,682,683$27,659,485$50,001,188
60$80,579,062$36,330,708$28,534,651$53,785,836
61$88,745,080$38,057,865$29,437,515$57,902,352
62$97,742,360$39,867,983$30,368,954$62,382,257
63$107,655,639$41,765,073$31,329,873$67,260,184
64$118,578,295$43,753,342$32,321,204$72,574,191
65$130,613,228$45,837,202$33,343,911$78,366,101
66$143,873,832$48,021,280$34,398,987$84,681,888
67$158,485,067$50,310,427$35,487,457$91,572,089
68$174,584,635$52,709,729$36,610,378$99,092,266
69$192,324,282$55,224,520$37,768,840$107,303,512
70$211,871,232$57,860,395$38,963,970$116,273,011
71$233,409,762$60,623,219$40,196,927$126,074,648
72$257,142,944$63,519,142$41,468,910$136,789,692
73$283,294,560$66,554,616$42,781,154$148,507,536
74$312,111,216$69,736,403$44,134,933$161,326,522
75$343,864,670$73,071,597$45,531,564$175,354,843
76$378,854,397$76,567,636$46,972,402$190,711,542
77$417,410,416$80,232,320$48,458,848$207,527,610
78$459,896,404$84,073,829$49,992,344$225,947,194
79$506,713,131$88,100,741$51,574,382$246,128,930
80$558,302,245$92,322,052$53,206,498$268,247,411
81$615,150,436$96,747,194$54,890,278$292,494,804
82$677,794,035$101,386,061$56,627,357$319,082,634
83$746,824,076$106,249,028$58,419,423$348,243,743
84$822,891,876$111,346,974$60,268,218$380,234,455
85$906,715,181$116,691,310$62,175,537$415,336,959
86$999,084,946$122,294,000$64,143,234$453,861,930
87$1,100,872,799$128,167,595$66,173,220$496,151,428
88$1,213,039,270$134,325,252$68,267,468$542,582,080
89$1,336,642,860$140,780,775$70,428,014$593,568,588
90$1,472,850,035$147,548,636$72,656,955$649,567,605
91$1,622,946,234$154,644,014$74,956,459$711,081,992
92$1,788,348,008$162,082,829$77,328,758$778,665,512
93$1,970,616,393$169,881,776$79,776,160$852,928,010
94$2,171,471,645$178,058,363$82,301,042$934,541,108
95$2,392,809,483$186,630,953$84,905,857$1,024,244,493
96$2,636,718,984$195,618,804$87,593,136$1,122,852,831
97$2,905,502,307$205,042,111$90,365,493$1,231,263,399
98$3,201,696,425$214,922,057$93,225,619$1,350,464,488
99$3,528,097,079$225,280,856$96,176,296$1,481,544,658
100$3,887,785,169$236,141,807$99,220,390$1,625,702,945