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

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 $17,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$1,436,876$1,424,077$1,411,590$1,399,402$1,387,500$1,370,731
2 years$711,325$698,077$685,238$672,789$660,714$643,838
3 years$469,506$456,201$443,394$431,063$419,184$402,725
4 years$348,620$335,356$322,677$310,556$298,966$283,050
5 years$276,108$262,923$250,411$238,537$227,269$211,944
6 years$227,782$214,697$202,369$190,760$179,830$165,114
7 years$193,277$180,302$168,170$156,834$146,250$132,149
8 years$167,410$154,552$142,621$131,564$121,329$107,841
9 years$147,302$134,565$122,840$112,064$102,176$89,296
10 years$131,225$118,613$107,094$96,600$87,059$74,778
11 years$118,079$105,594$94,284$84,071$74,874$63,181
12 years$107,133$94,775$83,675$73,741$64,884$53,767
13 years$97,878$85,649$74,758$65,103$56,580$46,024
14 years$89,951$77,853$67,170$57,791$49,598$39,588
15 years$83,088$71,120$60,646$51,539$43,670$34,190
16 years$77,089$65,251$54,984$46,148$38,596$29,629
17 years$71,800$60,094$50,034$41,463$34,221$25,751
18 years$67,105$55,529$45,674$37,367$30,428$22,435
19 years$62,909$51,464$41,813$33,764$27,121$19,588
20 years$59,137$47,823$38,373$30,580$24,225$17,133
21 years$55,729$44,545$35,296$27,753$21,679$15,009
22 years$52,635$41,581$32,531$25,234$19,432$13,166
23 years$49,814$38,890$30,036$22,981$17,443$11,564
24 years$47,232$36,438$27,779$20,960$15,678$10,166
25 years$44,860$34,195$25,729$19,142$14,108$8,946
26 years$42,674$32,138$23,862$17,502$12,708$7,878
27 years$40,654$30,245$22,158$16,020$11,457$6,943
28 years$38,781$28,500$20,599$14,678$10,338$6,122
29 years$37,040$26,886$19,169$13,460$9,335$5,401
30 years$35,419$25,391$17,855$12,353$8,435$4,767
31 years$33,905$24,003$16,646$11,345$7,626$4,210
32 years$32,489$22,712$15,531$10,427$6,898$3,719
33 years$31,161$21,509$14,501$9,588$6,243$3,286
34 years$29,914$20,385$13,549$8,822$5,652$2,904
35 years$28,741$19,335$12,667$8,121$5,119$2,568
36 years$27,635$18,352$11,850$7,479$4,639$2,270
37 years$26,592$17,430$11,091$6,891$4,204$2,008
38 years$25,606$16,565$10,387$6,352$3,811$1,776
39 years$24,673$15,751$9,731$5,857$3,456$1,572
40 years$23,789$14,986$9,121$5,402$3,135$1,391
41 years$22,950$14,266$8,553$4,984$2,844$1,231
42 years$22,153$13,586$8,023$4,600$2,581$1,089
43 years$21,395$12,945$7,528$4,246$2,342$964
44 years$20,674$12,339$7,066$3,920$2,126$853
45 years$19,986$11,766$6,635$3,621$1,930$755
46 years$19,331$11,225$6,232$3,344$1,752$669
47 years$18,705$10,712$5,855$3,090$1,591$592
48 years$18,107$10,226$5,502$2,855$1,445$524
49 years$17,536$9,765$5,171$2,639$1,312$464
50 years$16,988$9,328$4,862$2,439$1,192$411

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 $6,410 every year, while hoping to spend $51,637 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: 43/45/12 Blend
44$17,400,000$17,400,000$17,400,000$17,400,000
45$19,181,412$18,259,212$17,989,512$19,939,162
46$21,082,975$19,098,972$18,537,219$21,308,876
47$23,176,766$19,978,150$19,101,544$22,786,164
48$25,482,339$20,898,622$19,682,989$24,385,428
49$28,021,239$21,862,356$20,282,070$26,117,868
50$30,817,207$22,871,413$20,899,321$27,995,776
51$33,896,405$23,927,955$21,535,291$30,032,635
52$37,287,660$25,034,247$22,190,546$32,243,246
53$41,022,739$26,192,662$22,865,666$34,643,855
54$45,136,645$27,405,689$23,561,253$37,252,297
55$49,667,952$28,675,937$24,277,924$40,088,159
56$54,659,164$30,006,139$25,016,315$43,172,952
57$60,157,120$31,399,161$25,777,083$46,530,304
58$66,213,433$32,858,006$26,560,902$50,186,177
59$72,884,979$34,385,825$27,368,468$54,169,092
60$80,234,432$35,985,916$28,200,497$58,510,396
61$88,330,859$37,661,740$29,057,728$63,244,542
62$97,250,364$39,416,923$29,940,920$68,409,400
63$107,076,817$41,255,268$30,850,857$74,046,603
64$117,902,636$43,180,760$31,788,344$80,201,926
65$129,829,664$45,197,576$32,754,213$86,925,704
66$142,970,129$47,310,097$33,749,318$94,273,291
67$157,447,703$49,522,913$34,774,541$102,305,567
68$173,398,671$51,840,837$35,830,790$111,089,497
69$190,973,213$54,268,916$36,918,999$120,698,743
70$210,336,827$56,812,439$38,040,132$131,214,345
71$231,671,886$59,476,951$39,195,179$142,725,463
72$255,179,363$62,268,266$40,385,162$155,330,201
73$281,080,727$65,192,480$41,611,134$169,136,513
74$309,620,031$68,255,982$42,874,177$184,263,196
75$341,066,221$71,465,471$44,175,408$200,840,993
76$375,715,667$74,827,971$45,515,977$219,013,803
77$413,894,969$78,350,845$46,897,065$238,940,009
78$455,964,033$82,041,814$48,319,894$260,793,953
79$502,319,472$85,908,971$49,785,719$284,767,552
80$553,398,351$89,960,803$51,295,833$311,072,077
81$609,682,307$94,206,207$52,851,567$339,940,125
82$671,702,102$98,654,511$54,454,295$371,627,776
83$740,042,631$103,315,496$56,105,428$406,416,980
84$815,348,442$108,199,418$57,806,422$444,618,185
85$898,329,821$113,317,027$59,558,776$486,573,229
86$989,769,500$118,679,599$61,364,032$532,658,531
87$1,090,530,042$124,298,952$63,223,780$583,288,602
88$1,201,561,987$130,187,482$65,139,658$638,919,919
89$1,323,912,824$136,358,183$67,113,350$700,055,188
90$1,458,736,879$142,824,681$69,146,595$767,248,047
91$1,607,306,213$149,601,263$71,241,178$841,108,242
92$1,771,022,632$156,702,910$73,398,943$922,307,331
93$1,951,430,918$164,145,330$75,621,785$1,011,584,977
94$2,150,233,415$171,944,994$77,911,658$1,109,755,869
95$2,369,306,097$180,119,172$80,270,572$1,217,717,360
96$2,610,716,282$188,685,975$82,700,600$1,336,457,875
97$2,876,742,147$197,664,392$85,203,873$1,467,066,179
98$3,169,894,233$207,074,334$87,782,590$1,610,741,591
99$3,492,939,150$216,936,682$90,439,012$1,768,805,233
100$3,848,925,693$227,273,329$93,175,469$1,942,712,433