Can I retire at age 45 with 17,600,000?

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 $17,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,373,989
2 years$719,501$706,101$693,114$680,522$668,309$638,768
3 years$474,902$461,445$448,491$436,017$424,003$395,301
4 years$352,627$339,211$326,386$314,126$302,402$274,762
5 years$279,281$265,945$253,289$241,279$229,881$203,381
6 years$230,400$217,164$204,695$192,953$181,897$156,565
7 years$195,499$182,374$170,103$158,637$147,931$123,771
8 years$169,334$156,328$144,261$133,077$122,723$99,729
9 years$148,995$136,112$124,252$113,352$103,351$81,505
10 years$132,733$119,976$108,325$97,710$88,060$67,342
11 years$119,437$106,808$95,368$85,037$75,735$56,118
12 years$108,364$95,865$84,637$74,589$65,630$47,085
13 years$99,003$86,634$75,617$65,851$57,231$39,725
14 years$90,985$78,748$67,942$58,455$50,168$33,668
15 years$84,043$71,937$61,343$52,132$44,172$28,641
16 years$77,975$66,001$55,616$46,678$39,039$24,441
17 years$72,626$60,785$50,609$41,940$34,615$20,911
18 years$67,876$56,168$46,199$37,796$30,778$17,931
19 years$63,632$52,056$42,293$34,152$27,433$15,404
20 years$59,817$48,373$38,815$30,932$24,504$13,254
21 years$56,369$45,057$35,702$28,072$21,928$11,420
22 years$53,240$42,059$32,905$25,524$19,655$9,850
23 years$50,386$39,337$30,382$23,245$17,644$8,505
24 years$47,775$36,856$28,098$21,201$15,859$7,350
25 years$45,376$34,588$26,024$19,362$14,270$6,356
26 years$43,165$32,507$24,136$17,704$12,854$5,500
27 years$41,121$30,593$22,413$16,205$11,589$4,762
28 years$39,227$28,828$20,835$14,847$10,457$4,125
29 years$37,466$27,196$19,389$13,615$9,443$3,574
30 years$35,826$25,683$18,060$12,495$8,532$3,098
31 years$34,295$24,279$16,837$11,476$7,714$2,687
32 years$32,862$22,973$15,709$10,547$6,978$2,330
33 years$31,519$21,756$14,668$9,698$6,315$2,022
34 years$30,258$20,620$13,705$8,923$5,717$1,754
35 years$29,071$19,557$12,813$8,214$5,178$1,522
36 years$27,953$18,563$11,986$7,565$4,692$1,321
37 years$26,898$17,630$11,219$6,970$4,252$1,147
38 years$25,900$16,755$10,506$6,425$3,855$996
39 years$24,956$15,933$9,843$5,924$3,496$865
40 years$24,062$15,159$9,226$5,464$3,171$751
41 years$23,213$14,429$8,651$5,041$2,877$652
42 years$22,407$13,742$8,115$4,652$2,610$566
43 years$21,641$13,093$7,615$4,295$2,369$492
44 years$20,911$12,481$7,148$3,966$2,150$427
45 years$20,216$11,902$6,711$3,662$1,952$371
46 years$19,553$11,354$6,304$3,383$1,772$322
47 years$18,920$10,835$5,922$3,125$1,610$280
48 years$18,315$10,343$5,565$2,888$1,462$243
49 years$17,737$9,877$5,231$2,669$1,328$211
50 years$17,184$9,435$4,918$2,467$1,206$183

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $17,600,000, adding $6,575 every year, while hoping to spend $29,900 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: 60/13/27 Blend
44$17,600,000$17,600,000$17,600,000$17,600,000
45$19,401,982$18,469,182$18,196,382$20,424,323
46$21,349,171$19,342,359$18,774,148$21,995,059
47$23,493,971$20,257,319$19,370,266$23,704,394
48$25,856,507$21,216,078$19,985,321$25,568,956
49$28,458,955$22,220,751$20,619,914$27,603,864
50$31,325,753$23,273,552$21,274,665$29,825,751
51$34,483,830$24,376,806$21,950,217$32,252,918
52$37,962,861$25,532,950$22,647,229$34,905,504
53$41,795,546$26,744,537$23,366,384$37,805,668
54$46,017,919$28,014,248$24,108,386$40,977,800
55$50,669,691$29,344,889$24,873,961$44,448,738
56$55,794,618$30,739,408$25,663,857$48,248,029
57$61,440,921$32,200,891$26,478,848$52,408,191
58$67,661,738$33,732,577$27,319,733$56,965,024
59$74,515,624$35,337,862$28,187,332$61,957,936
60$82,067,106$37,020,307$29,082,497$67,430,318
61$90,387,293$38,783,644$30,006,103$73,429,938
62$99,554,543$40,631,788$30,959,053$80,009,393
63$109,655,207$42,568,846$31,942,282$87,226,600
64$120,784,440$44,599,122$32,956,751$95,145,330
65$133,047,104$46,727,130$34,003,453$103,835,811
66$146,558,754$48,957,604$35,083,413$113,375,380
67$161,446,728$51,295,508$36,197,689$123,849,204
68$177,851,353$53,746,047$37,347,371$135,351,082
69$195,927,267$56,314,680$38,533,584$147,984,320
70$215,844,880$59,007,131$39,757,490$161,862,697
71$237,791,980$61,829,402$41,020,288$177,111,531
72$261,975,508$64,787,788$42,323,214$193,868,857
73$288,623,511$67,888,892$43,667,543$212,286,714
74$317,987,295$71,139,633$45,054,592$232,532,578
75$350,343,797$74,547,274$46,485,719$254,790,929
76$385,998,199$78,119,425$47,962,325$279,264,983
77$425,286,810$81,864,070$49,485,857$306,178,597
78$468,580,237$85,789,582$51,057,806$335,778,379
79$516,286,890$89,904,741$52,679,711$368,335,994
80$568,856,834$94,218,754$54,353,162$404,150,724
81$626,786,035$98,741,277$56,079,797$443,552,278
82$690,621,047$103,482,436$57,861,307$486,903,889
83$760,964,170$108,452,852$59,699,437$534,605,732
84$838,479,134$113,663,661$61,595,987$587,098,690
85$923,897,368$119,126,542$63,552,815$644,868,492
86$1,018,024,903$124,853,747$65,571,838$708,450,292
87$1,121,749,982$130,858,119$67,655,033$778,433,701
88$1,236,051,445$137,153,131$69,804,441$855,468,335
89$1,362,007,970$143,752,912$72,022,168$940,269,930
90$1,500,808,258$150,672,280$74,310,386$1,033,627,081
91$1,653,762,253$157,926,775$76,671,337$1,136,408,670
92$1,822,313,510$165,532,693$79,107,333$1,249,572,043
93$2,008,052,821$173,507,128$81,620,762$1,374,172,028
94$2,212,733,236$181,868,006$84,214,085$1,511,370,876
95$2,438,286,614$190,634,125$86,889,844$1,662,449,202
96$2,686,841,856$199,825,204$89,650,661$1,828,818,058
97$2,960,745,007$209,461,921$92,499,240$2,012,032,225
98$3,262,581,406$219,565,964$95,438,373$2,213,804,864
99$3,595,200,091$230,160,078$98,470,940$2,436,023,666
100$3,961,740,696$241,268,117$101,599,913$2,680,768,639