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%13.7%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,381,906
2 years$719,501$706,101$693,114$680,522$668,309$646,657
3 years$474,902$461,445$448,491$436,017$424,003$402,915
4 years$352,627$339,211$326,386$314,126$302,402$282,042
5 years$279,281$265,945$253,289$241,279$229,881$210,307
6 years$230,400$217,164$204,695$192,953$181,897$163,132
7 years$195,499$182,374$170,103$158,637$147,931$129,980
8 years$169,334$156,328$144,261$133,077$122,723$105,584
9 years$148,995$136,112$124,252$113,352$103,351$87,015
10 years$132,733$119,976$108,325$97,710$88,060$72,514
11 years$119,437$106,808$95,368$85,037$75,735$60,963
12 years$108,364$95,865$84,637$74,589$65,630$51,615
13 years$99,003$86,634$75,617$65,851$57,231$43,952
14 years$90,985$78,748$67,942$58,455$50,168$37,604
15 years$84,043$71,937$61,343$52,132$44,172$32,300
16 years$77,975$66,001$55,616$46,678$39,039$27,836
17 years$72,626$60,785$50,609$41,940$34,615$24,056
18 years$67,876$56,168$46,199$37,796$30,778$20,838
19 years$63,632$52,056$42,293$34,152$27,433$18,087
20 years$59,817$48,373$38,815$30,932$24,504$15,727
21 years$56,369$45,057$35,702$28,072$21,928$13,695
22 years$53,240$42,059$32,905$25,524$19,655$11,941
23 years$50,386$39,337$30,382$23,245$17,644$10,423
24 years$47,775$36,856$28,098$21,201$15,859$9,106
25 years$45,376$34,588$26,024$19,362$14,270$7,963
26 years$43,165$32,507$24,136$17,704$12,854$6,968
27 years$41,121$30,593$22,413$16,205$11,589$6,102
28 years$39,227$28,828$20,835$14,847$10,457$5,346
29 years$37,466$27,196$19,389$13,615$9,443$4,686
30 years$35,826$25,683$18,060$12,495$8,532$4,109
31 years$34,295$24,279$16,837$11,476$7,714$3,604
32 years$32,862$22,973$15,709$10,547$6,978$3,163
33 years$31,519$21,756$14,668$9,698$6,315$2,776
34 years$30,258$20,620$13,705$8,923$5,717$2,437
35 years$29,071$19,557$12,813$8,214$5,178$2,140
36 years$27,953$18,563$11,986$7,565$4,692$1,880
37 years$26,898$17,630$11,219$6,970$4,252$1,651
38 years$25,900$16,755$10,506$6,425$3,855$1,451
39 years$24,956$15,933$9,843$5,924$3,496$1,275
40 years$24,062$15,159$9,226$5,464$3,171$1,120
41 years$23,213$14,429$8,651$5,041$2,877$985
42 years$22,407$13,742$8,115$4,652$2,610$865
43 years$21,641$13,093$7,615$4,295$2,369$761
44 years$20,911$12,481$7,148$3,966$2,150$669
45 years$20,216$11,902$6,711$3,662$1,952$588
46 years$19,553$11,354$6,304$3,383$1,772$517
47 years$18,920$10,835$5,922$3,125$1,610$454
48 years$18,315$10,343$5,565$2,888$1,462$400
49 years$17,737$9,877$5,231$2,669$1,328$351
50 years$17,184$9,435$4,918$2,467$1,206$309

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 $6,462 every year, while hoping to spend $28,413 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: 38/47/15 Blend
44$17,600,000$17,600,000$17,600,000$17,600,000
45$19,401,866$18,469,066$18,196,266$20,050,959
46$21,350,625$19,343,819$18,775,609$21,390,579
47$23,497,205$20,260,482$19,373,409$22,834,161
48$25,861,754$21,221,080$19,990,252$24,393,635
49$28,466,474$22,227,734$20,626,747$26,079,438
50$31,335,830$23,282,669$21,283,518$27,903,011
51$34,496,783$24,388,217$21,961,214$29,876,891
52$37,979,040$25,546,826$22,660,501$32,014,831
53$41,815,341$26,761,059$23,382,066$34,331,912
54$46,041,761$28,033,606$24,126,621$36,844,675
55$50,698,056$29,367,288$24,894,898$39,571,274
56$55,828,034$30,765,062$25,687,653$42,531,629
57$61,479,971$32,230,027$26,505,667$45,747,605
58$67,707,066$33,765,437$27,349,745$49,243,209
59$74,567,944$35,374,700$28,220,718$53,044,800
60$82,127,205$37,061,391$29,119,444$57,181,326
61$90,456,042$38,829,261$30,046,806$61,684,585
62$99,632,903$40,682,240$31,003,719$66,589,508
63$109,744,240$42,624,450$31,991,125$71,934,477
64$120,885,320$44,660,216$33,009,995$77,761,667
65$133,161,126$46,794,070$34,061,333$84,117,432
66$146,687,347$49,030,766$35,146,174$91,052,723
67$161,591,472$51,375,289$36,265,587$98,623,550
68$178,013,992$53,832,867$37,420,673$106,891,494
69$196,109,724$56,408,983$38,612,571$115,924,265
70$216,049,278$59,109,385$39,842,454$125,796,324
71$238,020,661$61,940,102$41,111,534$136,589,562
72$262,231,059$64,907,457$42,421,059$148,394,050
73$288,908,783$68,018,079$43,772,322$161,308,866
74$318,305,436$71,278,922$45,166,651$175,443,005
75$350,698,277$74,697,276$46,605,421$190,916,379
76$386,392,848$78,280,789$48,090,049$207,860,928
77$425,725,850$82,037,479$49,621,998$226,421,829
78$469,068,328$85,975,757$51,202,776$246,758,840
79$516,829,170$90,104,441$52,833,941$269,047,779
80$569,458,967$94,432,781$54,517,100$293,482,143
81$627,454,270$98,970,476$56,253,911$320,274,907
82$691,362,275$103,727,698$58,046,086$349,660,497
83$761,785,987$108,715,116$59,895,390$381,896,960
84$839,389,919$113,943,917$61,803,646$417,268,366
85$924,906,356$119,425,835$63,772,735$456,087,444
86$1,019,142,278$125,173,174$65,804,595$498,698,492
87$1,122,986,972$131,198,841$67,901,230$545,480,581
88$1,237,420,428$137,516,369$70,064,707$596,851,086
89$1,363,522,594$144,139,953$72,297,156$653,269,574
90$1,502,483,566$151,084,479$74,600,779$715,242,091
91$1,655,614,831$158,365,559$76,977,845$783,325,884
92$1,824,361,639$165,999,567$79,430,699$858,134,603
93$2,010,316,656$174,003,676$81,961,757$940,344,034
94$2,215,234,994$182,395,895$84,573,515$1,030,698,414
95$2,441,050,783$191,195,113$87,268,547$1,130,017,391
96$2,689,895,429$200,421,140$90,049,510$1,239,203,693
97$2,964,117,739$210,094,753$92,919,145$1,359,251,574
98$3,266,306,094$220,237,741$95,880,282$1,491,256,127
99$3,599,312,884$230,872,958$98,935,839$1,636,423,539
100$3,966,281,439$242,024,374$102,088,831$1,796,082,395