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%11.3%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,395,774
2 years$719,501$706,101$693,114$680,522$668,309$660,565
3 years$474,902$461,445$448,491$436,017$424,003$416,429
4 years$352,627$339,211$326,386$314,126$302,402$295,057
5 years$279,281$265,945$253,289$241,279$229,881$222,787
6 years$230,400$217,164$204,695$192,953$181,897$175,062
7 years$195,499$182,374$170,103$158,637$147,931$141,359
8 years$169,334$156,328$144,261$133,077$122,723$116,414
9 years$148,995$136,112$124,252$113,352$103,351$97,303
10 years$132,733$119,976$108,325$97,710$88,060$82,271
11 years$119,437$106,808$95,368$85,037$75,735$70,201
12 years$108,364$95,865$84,637$74,589$65,630$60,346
13 years$99,003$86,634$75,617$65,851$57,231$52,192
14 years$90,985$78,748$67,942$58,455$50,168$45,369
15 years$84,043$71,937$61,343$52,132$44,172$39,606
16 years$77,975$66,001$55,616$46,678$39,039$34,700
17 years$72,626$60,785$50,609$41,940$34,615$30,496
18 years$67,876$56,168$46,199$37,796$30,778$26,872
19 years$63,632$52,056$42,293$34,152$27,433$23,734
20 years$59,817$48,373$38,815$30,932$24,504$21,003
21 years$56,369$45,057$35,702$28,072$21,928$18,619
22 years$53,240$42,059$32,905$25,524$19,655$16,531
23 years$50,386$39,337$30,382$23,245$17,644$14,696
24 years$47,775$36,856$28,098$21,201$15,859$13,080
25 years$45,376$34,588$26,024$19,362$14,270$11,654
26 years$43,165$32,507$24,136$17,704$12,854$10,393
27 years$41,121$30,593$22,413$16,205$11,589$9,276
28 years$39,227$28,828$20,835$14,847$10,457$8,284
29 years$37,466$27,196$19,389$13,615$9,443$7,404
30 years$35,826$25,683$18,060$12,495$8,532$6,621
31 years$34,295$24,279$16,837$11,476$7,714$5,923
32 years$32,862$22,973$15,709$10,547$6,978$5,302
33 years$31,519$21,756$14,668$9,698$6,315$4,747
34 years$30,258$20,620$13,705$8,923$5,717$4,252
35 years$29,071$19,557$12,813$8,214$5,178$3,810
36 years$27,953$18,563$11,986$7,565$4,692$3,415
37 years$26,898$17,630$11,219$6,970$4,252$3,061
38 years$25,900$16,755$10,506$6,425$3,855$2,745
39 years$24,956$15,933$9,843$5,924$3,496$2,462
40 years$24,062$15,159$9,226$5,464$3,171$2,209
41 years$23,213$14,429$8,651$5,041$2,877$1,982
42 years$22,407$13,742$8,115$4,652$2,610$1,778
43 years$21,641$13,093$7,615$4,295$2,369$1,596
44 years$20,911$12,481$7,148$3,966$2,150$1,432
45 years$20,216$11,902$6,711$3,662$1,952$1,286
46 years$19,553$11,354$6,304$3,383$1,772$1,154
47 years$18,920$10,835$5,922$3,125$1,610$1,036
48 years$18,315$10,343$5,565$2,888$1,462$930
49 years$17,737$9,877$5,231$2,669$1,328$835
50 years$17,184$9,435$4,918$2,467$1,206$750

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 $6,282 every year, while hoping to spend $30,555 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: 89/6/5 Blend
44$17,600,000$17,600,000$17,600,000$17,600,000
45$19,401,680$18,468,880$18,196,080$21,130,875
46$21,348,141$19,341,345$18,773,138$23,128,377
47$23,492,117$20,255,536$19,368,504$25,319,548
48$25,853,722$21,213,467$19,982,758$27,727,898
49$28,455,122$22,217,246$20,616,500$30,375,329
50$31,320,740$23,269,087$21,270,349$33,285,968
51$34,477,492$24,371,309$21,944,942$36,486,391
52$37,955,036$25,526,344$22,640,938$40,005,875
53$41,786,057$26,736,742$23,359,017$43,876,670
54$46,006,570$28,005,177$24,099,878$48,134,305
55$50,656,262$29,334,453$24,864,247$52,817,919
56$55,778,869$30,727,509$25,652,867$57,970,630
57$61,422,586$32,187,429$26,466,510$63,639,940
58$67,640,521$33,717,445$27,305,970$69,878,182
59$74,491,200$35,320,945$28,172,066$76,743,012
60$82,039,116$37,001,485$29,065,643$84,297,952
61$90,355,338$38,762,790$29,987,574$92,612,984
62$99,518,184$40,608,768$30,938,760$101,765,214
63$109,613,958$42,543,517$31,920,128$111,839,594
64$120,737,766$44,571,334$32,932,636$122,929,720
65$132,994,413$46,696,724$33,977,275$135,138,719
66$146,499,392$48,924,412$35,055,062$148,580,213
67$161,379,974$51,259,353$36,167,051$163,379,396
68$177,776,412$53,706,742$37,314,328$179,674,205
69$195,843,260$56,272,026$38,498,012$197,616,628
70$215,750,837$58,960,920$39,719,260$217,374,128
71$237,686,831$61,779,414$40,979,263$239,131,224
72$261,858,073$64,733,790$42,279,254$263,091,232
73$288,492,488$67,830,637$43,620,500$289,478,177
74$317,841,247$71,076,864$45,004,312$318,538,905
75$350,181,139$74,479,715$46,432,042$350,545,410
76$385,817,183$78,046,788$47,905,083$385,797,401
77$425,085,507$81,786,052$49,424,874$424,625,119
78$468,356,521$85,705,861$50,992,900$467,392,461
79$516,038,416$89,814,978$52,610,692$514,500,401
80$568,581,015$94,122,592$54,279,830$566,390,776
81$626,480,019$98,638,340$56,001,945$623,550,453
82$690,281,689$103,372,327$57,778,718$686,515,916
83$760,588,002$108,335,151$59,611,886$755,878,329
84$838,062,332$113,537,928$61,503,238$832,289,109
85$923,435,717$118,992,313$63,454,623$916,466,072
86$1,017,513,754$124,710,530$65,467,947$1,009,200,199
87$1,121,184,210$130,705,399$67,545,176$1,111,363,105
88$1,235,425,400$136,990,364$69,688,341$1,223,915,251
89$1,361,315,424$143,579,526$71,899,533$1,347,915,014
90$1,500,042,344$150,487,670$74,180,915$1,484,528,662
91$1,652,915,402$157,730,304$76,534,714$1,635,041,367
92$1,821,377,377$165,323,693$78,963,232$1,800,869,319
93$2,007,018,209$173,284,894$81,468,839$1,983,573,096
94$2,211,590,006$181,631,793$84,053,985$2,184,872,384
95$2,437,023,589$190,383,153$86,721,195$2,406,662,204
96$2,685,446,716$199,558,649$89,473,076$2,651,030,795
97$2,959,204,174$209,178,915$92,312,317$2,920,279,312
98$3,260,879,912$219,265,595$95,241,692$3,216,943,549
99$3,593,321,438$229,841,384$98,264,064$3,543,817,860
100$3,959,666,701$240,930,088$101,382,387$3,903,981,535