Can I retire at age 45 with 17,400,000?

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 $17,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$1,436,876$1,424,077$1,411,590$1,399,402$1,387,500$1,361,156
2 years$711,325$698,077$685,238$672,789$660,714$634,276
3 years$469,506$456,201$443,394$431,063$419,184$393,476
4 years$348,620$335,356$322,677$310,556$298,966$274,185
5 years$276,108$262,923$250,411$238,537$227,269$203,486
6 years$227,782$214,697$202,369$190,760$179,830$157,072
7 years$193,277$180,302$168,170$156,834$146,250$124,523
8 years$167,410$154,552$142,621$131,564$121,329$100,626
9 years$147,302$134,565$122,840$112,064$102,176$82,485
10 years$131,225$118,613$107,094$96,600$87,059$68,362
11 years$118,079$105,594$94,284$84,071$74,874$57,148
12 years$107,133$94,775$83,675$73,741$64,884$48,105
13 years$97,878$85,649$74,758$65,103$56,580$40,721
14 years$89,951$77,853$67,170$57,791$49,598$34,629
15 years$83,088$71,120$60,646$51,539$43,670$29,561
16 years$77,089$65,251$54,984$46,148$38,596$25,315
17 years$71,800$60,094$50,034$41,463$34,221$21,737
18 years$67,105$55,529$45,674$37,367$30,428$18,707
19 years$62,909$51,464$41,813$33,764$27,121$16,130
20 years$59,137$47,823$38,373$30,580$24,225$13,931
21 years$55,729$44,545$35,296$27,753$21,679$12,049
22 years$52,635$41,581$32,531$25,234$19,432$10,433
23 years$49,814$38,890$30,036$22,981$17,443$9,044
24 years$47,232$36,438$27,779$20,960$15,678$7,846
25 years$44,860$34,195$25,729$19,142$14,108$6,812
26 years$42,674$32,138$23,862$17,502$12,708$5,918
27 years$40,654$30,245$22,158$16,020$11,457$5,145
28 years$38,781$28,500$20,599$14,678$10,338$4,475
29 years$37,040$26,886$19,169$13,460$9,335$3,893
30 years$35,419$25,391$17,855$12,353$8,435$3,389
31 years$33,905$24,003$16,646$11,345$7,626$2,951
32 years$32,489$22,712$15,531$10,427$6,898$2,570
33 years$31,161$21,509$14,501$9,588$6,243$2,239
34 years$29,914$20,385$13,549$8,822$5,652$1,951
35 years$28,741$19,335$12,667$8,121$5,119$1,700
36 years$27,635$18,352$11,850$7,479$4,639$1,482
37 years$26,592$17,430$11,091$6,891$4,204$1,292
38 years$25,606$16,565$10,387$6,352$3,811$1,126
39 years$24,673$15,751$9,731$5,857$3,456$982
40 years$23,789$14,986$9,121$5,402$3,135$857
41 years$22,950$14,266$8,553$4,984$2,844$747
42 years$22,153$13,586$8,023$4,600$2,581$652
43 years$21,395$12,945$7,528$4,246$2,342$568
44 years$20,674$12,339$7,066$3,920$2,126$496
45 years$19,986$11,766$6,635$3,621$1,930$432
46 years$19,331$11,225$6,232$3,344$1,752$377
47 years$18,705$10,712$5,855$3,090$1,591$329
48 years$18,107$10,226$5,502$2,855$1,445$287
49 years$17,536$9,765$5,171$2,639$1,312$250
50 years$16,988$9,328$4,862$2,439$1,192$219

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $17,400,000, adding $6,260 every year, while hoping to spend $42,716 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: 52/29/19 Blend
44$17,400,000$17,400,000$17,400,000$17,400,000
45$19,181,257$18,259,057$17,989,357$20,078,220
46$21,092,296$19,108,301$18,546,551$21,544,905
47$23,196,829$19,997,727$19,120,979$23,134,362
48$25,514,548$20,929,258$19,713,174$24,862,283
49$28,067,150$21,904,910$20,323,685$26,741,825
50$30,878,547$22,926,798$20,953,076$28,787,442
51$33,975,086$23,997,138$21,601,930$31,015,023
52$37,385,800$25,118,253$22,270,850$33,442,028
53$41,142,682$26,292,578$22,960,454$36,087,654
54$45,280,987$27,522,666$23,671,381$38,973,006
55$49,839,565$28,811,194$24,404,289$42,121,289
56$54,861,224$30,160,967$25,159,857$45,558,021
57$60,393,141$31,574,926$25,938,784$49,311,269
58$66,487,300$33,056,156$26,741,792$53,411,902
59$73,200,986$34,607,889$27,569,623$57,893,875
60$80,597,325$36,233,514$28,423,044$62,794,544
61$88,745,881$37,936,584$29,302,845$68,155,009
62$97,723,309$39,720,826$30,209,839$74,020,488
63$107,614,084$41,590,144$31,144,866$80,440,743
64$118,511,293$43,548,632$32,108,791$87,470,530
65$130,517,514$45,600,585$33,102,505$95,170,115
66$143,745,789$47,750,503$34,126,928$103,605,823
67$158,320,687$50,003,104$35,183,006$112,850,659
68$174,379,478$52,363,337$36,271,718$122,984,982
69$192,073,433$54,836,389$37,394,069$134,097,252
70$211,569,250$57,427,699$38,551,097$146,284,852
71$233,050,626$60,142,969$39,743,872$159,654,994
72$256,719,994$62,988,179$40,973,496$174,325,714
73$282,800,432$65,969,597$42,241,106$190,426,975
74$311,537,766$69,093,798$43,547,873$208,101,877
75$343,202,897$72,367,672$44,895,005$227,507,990
76$378,094,351$75,798,448$46,283,747$248,818,824
77$416,541,104$79,393,701$47,715,382$272,225,454
78$458,905,682$83,161,377$49,191,232$297,938,297
79$505,587,584$87,109,807$50,712,661$326,189,085
80$557,027,055$91,247,726$52,281,073$357,233,031
81$613,709,244$95,584,293$53,897,918$391,351,214
82$676,168,777$100,129,113$55,564,688$428,853,212
83$744,994,809$104,892,257$57,282,922$470,080,000
84$820,836,587$109,884,284$59,054,207$515,407,148
85$904,409,573$115,116,269$60,880,178$565,248,333
86$996,502,205$120,599,822$62,762,520$620,059,226
87$1,097,983,336$126,347,119$64,702,970$680,341,759
88$1,209,810,436$132,370,928$66,703,319$746,648,838
89$1,333,038,634$138,684,636$68,765,413$819,589,528
90$1,468,830,675$145,302,284$70,891,155$899,834,775
91$1,618,467,900$152,238,592$73,082,505$988,123,702
92$1,783,362,342$159,508,999$75,341,485$1,085,270,554
93$1,965,070,054$167,129,694$77,670,178$1,192,172,346
94$2,165,305,803$175,117,652$80,070,733$1,309,817,294
95$2,385,959,254$183,490,676$82,545,362$1,439,294,103
96$2,629,112,814$192,267,435$85,096,347$1,581,802,202
97$2,897,061,287$201,467,505$87,726,040$1,738,663,025
98$3,192,333,541$211,111,416$90,436,865$1,911,332,435
99$3,517,716,383$221,220,696$93,231,321$2,101,414,425
100$3,876,280,867$231,817,923$96,111,984$2,310,676,206