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%17.9%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,335,367
2 years$707,237$694,065$681,300$668,923$656,917$612,835
3 years$466,808$453,579$440,846$428,585$416,775$374,153
4 years$346,617$333,429$320,823$308,772$297,248$256,412
5 years$274,521$261,412$248,972$237,166$225,963$187,023
6 years$226,473$213,463$201,206$189,664$178,797$141,786
7 years$192,166$179,266$167,203$155,933$145,410$110,324
8 years$166,448$153,664$141,802$130,808$120,631$87,446
9 years$146,455$133,792$122,134$111,420$101,589$70,267
10 years$130,471$117,931$106,479$96,045$86,559$57,053
11 years$117,401$104,987$93,742$83,588$74,444$46,698
12 years$106,517$94,231$83,194$73,318$64,511$38,468
13 years$97,315$85,157$74,328$64,729$56,255$31,849
14 years$89,434$77,405$66,784$57,459$49,313$26,478
15 years$82,611$70,711$60,297$51,243$43,419$22,087
16 years$76,646$64,876$54,668$45,883$38,374$18,474
17 years$71,388$59,749$49,746$41,225$34,025$15,488
18 years$66,719$55,210$45,412$37,152$30,253$13,008
19 years$62,547$51,168$41,572$33,570$26,965$10,943
20 years$58,797$47,548$38,153$30,404$24,086$9,217
21 years$55,409$44,289$35,093$27,594$21,554$7,773
22 years$52,332$41,342$32,344$25,089$19,320$6,560
23 years$49,527$38,667$29,864$22,849$17,343$5,541
24 years$46,960$36,228$27,619$20,840$15,588$4,683
25 years$44,602$33,998$25,581$19,032$14,027$3,960
26 years$42,429$31,953$23,725$17,402$12,635$3,351
27 years$40,420$30,071$22,031$15,928$11,392$2,836
28 years$38,558$28,336$20,480$14,594$10,279$2,401
29 years$36,827$26,732$19,059$13,383$9,282$2,033
30 years$35,215$25,246$17,752$12,282$8,386$1,722
31 years$33,710$23,865$16,550$11,280$7,582$1,459
32 years$32,302$22,581$15,442$10,367$6,859$1,237
33 years$30,982$21,385$14,418$9,533$6,207$1,048
34 years$29,742$20,268$13,471$8,771$5,620$888
35 years$28,576$19,224$12,595$8,074$5,090$753
36 years$27,476$18,246$11,782$7,436$4,612$638
37 years$26,439$17,330$11,028$6,852$4,180$541
38 years$25,459$16,470$10,327$6,315$3,789$459
39 years$24,531$15,661$9,675$5,823$3,436$389
40 years$23,652$14,900$9,069$5,371$3,117$330
41 years$22,818$14,184$8,503$4,955$2,828$280
42 years$22,025$13,508$7,977$4,573$2,566$237
43 years$21,272$12,870$7,485$4,222$2,329$201
44 years$20,555$12,268$7,026$3,898$2,114$171
45 years$19,872$11,699$6,597$3,600$1,919$145
46 years$19,220$11,160$6,196$3,325$1,742$123
47 years$18,598$10,650$5,821$3,072$1,582$104
48 years$18,003$10,167$5,470$2,839$1,437$88
49 years$17,435$9,709$5,142$2,624$1,305$75
50 years$16,891$9,274$4,834$2,425$1,185$64

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 $4,762 every year, while hoping to spend $44,660 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: 70/21/9 Blend
44$17,300,000$17,300,000$17,300,000$17,300,000
45$19,069,512$18,152,612$17,884,462$20,372,168
46$20,967,084$18,994,572$18,436,074$22,077,180
47$23,056,712$19,876,291$19,004,667$23,936,367
48$25,357,938$20,799,671$19,590,765$25,969,591
49$27,892,297$21,766,704$20,194,904$28,193,951
50$30,683,517$22,779,478$20,817,640$30,628,266
51$33,757,747$23,840,184$21,459,542$33,293,240
52$37,143,801$24,951,117$22,121,200$36,211,661
53$40,873,429$26,114,682$22,803,221$39,408,609
54$44,981,620$27,333,402$23,506,230$42,911,687
55$49,506,927$28,609,921$24,230,871$46,751,279
56$54,491,838$29,947,011$24,977,809$50,960,830
57$59,983,168$31,347,578$25,747,728$55,577,160
58$66,032,509$32,814,666$26,541,335$60,640,802
59$72,696,710$34,351,471$27,359,355$66,196,382
60$80,038,420$35,961,338$28,202,539$72,293,033
61$88,126,674$37,647,779$29,071,659$78,984,855
62$97,037,546$39,414,471$29,967,511$86,331,416
63$106,854,869$41,265,273$30,890,915$94,398,311
64$117,671,022$43,204,229$31,842,718$103,257,771
65$129,587,808$45,235,577$32,823,790$112,989,341
66$142,717,407$47,363,763$33,835,030$123,680,620
67$157,183,442$49,593,447$34,877,363$135,428,085
68$173,122,141$51,929,515$35,951,743$148,337,987
69$190,683,627$54,377,088$37,059,154$162,527,350
70$210,033,330$56,941,538$38,200,608$178,125,064
71$231,353,551$59,628,495$39,377,151$195,273,096
72$254,845,185$62,443,863$40,589,857$214,127,815
73$280,729,613$65,393,832$41,839,836$234,861,462
74$309,250,795$68,484,890$43,128,232$257,663,764
75$340,677,570$71,723,844$44,456,222$282,743,713
76$375,306,197$75,117,827$45,825,020$310,331,526
77$413,463,148$78,674,320$47,235,877$340,680,811
78$455,508,194$82,401,166$48,690,084$374,070,941
79$501,837,796$86,306,590$50,188,968$410,809,682
80$552,888,852$90,399,214$51,733,899$451,236,086
81$609,142,820$94,688,080$53,326,289$495,723,671
82$671,130,260$99,182,668$54,967,593$544,683,936
83$739,435,847$103,892,920$56,659,308$598,570,230
84$814,703,889$108,829,258$58,402,980$657,882,011
85$897,644,408$114,002,614$60,200,202$723,169,545
86$989,039,841$119,424,446$62,052,613$795,039,085
87$1,089,752,434$125,106,773$63,961,904$874,158,570
88$1,200,732,373$131,062,195$65,929,818$961,263,913
89$1,323,026,759$137,303,927$67,958,151$1,057,165,925
90$1,457,789,492$143,845,823$70,048,754$1,162,757,950
91$1,606,292,166$150,702,414$72,203,532$1,279,024,274
92$1,769,936,069$157,888,934$74,424,452$1,407,049,390
93$1,950,265,416$165,421,359$76,713,539$1,548,028,214
94$2,148,981,926$173,316,444$79,072,881$1,703,277,337
95$2,367,960,887$181,591,755$81,504,627$1,874,247,427
96$2,609,268,861$190,265,714$84,010,996$2,062,536,894
97$2,875,183,192$199,357,641$86,594,271$2,269,906,950
98$3,168,213,504$208,887,792$89,256,806$2,498,298,202
99$3,491,125,400$218,877,412$92,001,027$2,749,848,941
100$3,846,966,563$229,348,778$94,829,434$3,026,915,292