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%16.4%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,343,452
2 years$707,237$694,065$681,300$668,923$656,917$620,819
3 years$466,808$453,579$440,846$428,585$416,775$381,782
4 years$346,617$333,429$320,823$308,772$297,248$263,629
5 years$274,521$261,412$248,972$237,166$225,963$193,812
6 years$226,473$213,463$201,206$189,664$178,797$148,144
7 years$192,166$179,266$167,203$155,933$145,410$116,258
8 years$166,448$153,664$141,802$130,808$120,631$92,966
9 years$146,455$133,792$122,134$111,420$101,589$75,386
10 years$130,471$117,931$106,479$96,045$86,559$61,786
11 years$117,401$104,987$93,742$83,588$74,444$51,063
12 years$106,517$94,231$83,194$73,318$64,511$42,482
13 years$97,315$85,157$74,328$64,729$56,255$35,531
14 years$89,434$77,405$66,784$57,459$49,313$29,847
15 years$82,611$70,711$60,297$51,243$43,419$25,161
16 years$76,646$64,876$54,668$45,883$38,374$21,274
17 years$71,388$59,749$49,746$41,225$34,025$18,031
18 years$66,719$55,210$45,412$37,152$30,253$15,314
19 years$62,547$51,168$41,572$33,570$26,965$13,029
20 years$58,797$47,548$38,153$30,404$24,086$11,101
21 years$55,409$44,289$35,093$27,594$21,554$9,470
22 years$52,332$41,342$32,344$25,089$19,320$8,086
23 years$49,527$38,667$29,864$22,849$17,343$6,911
24 years$46,960$36,228$27,619$20,840$15,588$5,911
25 years$44,602$33,998$25,581$19,032$14,027$5,059
26 years$42,429$31,953$23,725$17,402$12,635$4,333
27 years$40,420$30,071$22,031$15,928$11,392$3,712
28 years$38,558$28,336$20,480$14,594$10,279$3,181
29 years$36,827$26,732$19,059$13,383$9,282$2,728
30 years$35,215$25,246$17,752$12,282$8,386$2,339
31 years$33,710$23,865$16,550$11,280$7,582$2,007
32 years$32,302$22,581$15,442$10,367$6,859$1,722
33 years$30,982$21,385$14,418$9,533$6,207$1,477
34 years$29,742$20,268$13,471$8,771$5,620$1,268
35 years$28,576$19,224$12,595$8,074$5,090$1,089
36 years$27,476$18,246$11,782$7,436$4,612$935
37 years$26,439$17,330$11,028$6,852$4,180$802
38 years$25,459$16,470$10,327$6,315$3,789$689
39 years$24,531$15,661$9,675$5,823$3,436$592
40 years$23,652$14,900$9,069$5,371$3,117$508
41 years$22,818$14,184$8,503$4,955$2,828$436
42 years$22,025$13,508$7,977$4,573$2,566$375
43 years$21,272$12,870$7,485$4,222$2,329$322
44 years$20,555$12,268$7,026$3,898$2,114$276
45 years$19,872$11,699$6,597$3,600$1,919$237
46 years$19,220$11,160$6,196$3,325$1,742$204
47 years$18,598$10,650$5,821$3,072$1,582$175
48 years$18,003$10,167$5,470$2,839$1,437$151
49 years$17,435$9,709$5,142$2,624$1,305$129
50 years$16,891$9,274$4,834$2,425$1,185$111

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 $2,107 every year, while hoping to spend $38,257 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: 83/7/10 Blend
44$17,300,000$17,300,000$17,300,000$17,300,000
45$19,066,773$18,149,873$17,881,723$20,620,238
46$20,970,879$18,998,512$18,440,056$22,485,787
47$23,067,921$19,887,452$19,015,810$24,528,764
48$25,377,539$20,818,627$19,609,530$26,771,137
49$27,921,374$21,794,065$20,221,775$29,232,908
50$30,723,273$22,815,893$20,853,123$31,936,104
51$33,809,514$23,886,339$21,504,170$34,904,986
52$37,209,054$25,007,739$22,175,529$38,166,276
53$40,953,803$26,182,544$22,867,835$41,749,404
54$45,078,922$27,413,320$23,581,739$45,686,790
55$49,623,161$28,702,762$24,317,916$50,014,142
56$54,629,218$30,053,691$25,077,060$54,770,792
57$60,144,143$31,469,067$25,859,887$60,000,070
58$66,219,788$32,951,993$26,667,135$65,749,704
59$72,913,287$34,505,722$27,499,566$72,072,273
60$80,287,605$36,133,665$28,357,964$79,025,697
61$88,412,124$37,839,398$29,243,138$86,673,786
62$97,363,302$39,626,670$30,155,925$95,086,833
63$107,225,394$41,499,412$31,097,184$104,342,281
64$118,091,248$43,461,746$32,067,803$114,525,449
65$130,063,177$45,517,994$33,068,696$125,730,331
66$143,253,932$47,672,687$34,100,808$138,060,486
67$157,787,760$49,930,575$35,165,112$151,630,008
68$173,801,578$52,296,640$36,262,610$166,564,599
69$191,446,270$54,776,106$37,394,338$183,002,755
70$210,888,103$57,374,449$38,561,362$201,097,070
71$232,310,304$60,097,412$39,764,783$221,015,668
72$255,914,786$62,951,016$41,005,734$242,943,790
73$281,924,053$65,941,574$42,285,384$267,085,537
74$310,583,302$69,075,708$43,604,941$293,665,793
75$342,162,740$72,360,358$44,965,647$322,932,342
76$376,960,128$75,802,804$46,368,785$355,158,203
77$415,303,599$79,410,680$47,815,678$390,644,201
78$457,554,751$83,191,987$49,307,687$429,721,807
79$504,112,060$87,155,120$50,846,219$472,756,252
80$555,414,647$91,308,877$52,432,725$520,149,978
81$611,946,417$95,662,488$54,068,697$572,346,427
82$674,240,632$100,225,630$55,755,678$629,834,222
83$742,884,940$105,008,450$57,495,257$693,151,770
84$818,526,928$110,021,588$59,289,073$762,892,346
85$901,880,232$115,276,203$61,138,814$839,709,678
86$993,731,276$120,783,997$63,046,224$924,324,114
87$1,094,946,692$126,557,239$65,013,099$1,017,529,418
88$1,206,481,508$132,608,797$67,041,291$1,120,200,250
89$1,329,388,158$138,952,165$69,132,711$1,233,300,420
90$1,464,826,421$145,601,491$71,289,327$1,357,891,973
91$1,614,074,368$152,571,616$73,513,172$1,495,145,209
92$1,778,540,428$159,878,101$75,806,338$1,646,349,723
93$1,959,776,687$167,537,262$78,170,985$1,812,926,566
94$2,159,493,535$175,566,215$80,609,339$1,996,441,653
95$2,379,575,821$183,982,904$83,123,697$2,198,620,532
96$2,622,100,639$192,806,150$85,716,425$2,421,364,667
97$2,889,356,943$202,055,691$88,389,964$2,666,769,375
98$3,183,867,154$211,752,222$91,146,831$2,937,143,593
99$3,508,410,974$221,917,452$93,989,620$3,235,031,667
100$3,866,051,629$232,574,143$96,921,009$3,563,237,355