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%11.1%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,396,947
2 years$719,501$706,101$693,114$680,522$668,309$661,747
3 years$474,902$461,445$448,491$436,017$424,003$417,582
4 years$352,627$339,211$326,386$314,126$302,402$296,174
5 years$279,281$265,945$253,289$241,279$229,881$223,863
6 years$230,400$217,164$204,695$192,953$181,897$176,096
7 years$195,499$182,374$170,103$158,637$147,931$142,351
8 years$169,334$156,328$144,261$133,077$122,723$117,364
9 years$148,995$136,112$124,252$113,352$103,351$98,211
10 years$132,733$119,976$108,325$97,710$88,060$83,138
11 years$119,437$106,808$95,368$85,037$75,735$71,027
12 years$108,364$95,865$84,637$74,589$65,630$61,133
13 years$99,003$86,634$75,617$65,851$57,231$52,940
14 years$90,985$78,748$67,942$58,455$50,168$46,079
15 years$84,043$71,937$61,343$52,132$44,172$40,279
16 years$77,975$66,001$55,616$46,678$39,039$35,338
17 years$72,626$60,785$50,609$41,940$34,615$31,099
18 years$67,876$56,168$46,199$37,796$30,778$27,442
19 years$63,632$52,056$42,293$34,152$27,433$24,271
20 years$59,817$48,373$38,815$30,932$24,504$21,510
21 years$56,369$45,057$35,702$28,072$21,928$19,096
22 years$53,240$42,059$32,905$25,524$19,655$16,979
23 years$50,386$39,337$30,382$23,245$17,644$15,118
24 years$47,775$36,856$28,098$21,201$15,859$13,476
25 years$45,376$34,588$26,024$19,362$14,270$12,025
26 years$43,165$32,507$24,136$17,704$12,854$10,740
27 years$41,121$30,593$22,413$16,205$11,589$9,601
28 years$39,227$28,828$20,835$14,847$10,457$8,589
29 years$37,466$27,196$19,389$13,615$9,443$7,688
30 years$35,826$25,683$18,060$12,495$8,532$6,886
31 years$34,295$24,279$16,837$11,476$7,714$6,170
32 years$32,862$22,973$15,709$10,547$6,978$5,532
33 years$31,519$21,756$14,668$9,698$6,315$4,962
34 years$30,258$20,620$13,705$8,923$5,717$4,452
35 years$29,071$19,557$12,813$8,214$5,178$3,995
36 years$27,953$18,563$11,986$7,565$4,692$3,587
37 years$26,898$17,630$11,219$6,970$4,252$3,221
38 years$25,900$16,755$10,506$6,425$3,855$2,893
39 years$24,956$15,933$9,843$5,924$3,496$2,599
40 years$24,062$15,159$9,226$5,464$3,171$2,336
41 years$23,213$14,429$8,651$5,041$2,877$2,099
42 years$22,407$13,742$8,115$4,652$2,610$1,887
43 years$21,641$13,093$7,615$4,295$2,369$1,696
44 years$20,911$12,481$7,148$3,966$2,150$1,525
45 years$20,216$11,902$6,711$3,662$1,952$1,371
46 years$19,553$11,354$6,304$3,383$1,772$1,233
47 years$18,920$10,835$5,922$3,125$1,610$1,109
48 years$18,315$10,343$5,565$2,888$1,462$998
49 years$17,737$9,877$5,231$2,669$1,328$897
50 years$17,184$9,435$4,918$2,467$1,206$807

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 $3,467 every year, while hoping to spend $28,961 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: 42/29/29 Blend
44$17,600,000$17,600,000$17,600,000$17,600,000
45$19,398,776$18,465,976$18,193,176$20,048,593
46$21,346,637$19,339,995$18,771,833$21,391,755
47$23,492,209$20,255,870$19,368,905$22,842,446
48$25,855,628$21,215,621$19,984,977$24,413,009
49$28,459,084$22,221,368$20,620,655$26,114,542
50$31,327,026$23,275,330$21,276,563$27,959,223
51$34,486,399$24,379,838$21,953,344$29,960,425
52$37,966,896$25,537,334$22,651,665$32,132,832
53$41,801,233$26,750,378$23,372,210$34,492,573
54$46,025,467$28,021,654$24,115,687$37,057,365
55$50,679,329$29,353,980$24,882,827$39,846,671
56$55,806,602$30,750,306$25,674,383$42,881,881
57$61,455,533$32,213,729$26,491,132$46,186,501
58$67,679,290$33,747,493$27,333,877$49,786,365
59$74,536,461$35,355,005$28,203,446$53,709,876
60$82,091,611$37,039,831$29,100,693$57,988,259
61$90,415,889$38,805,716$30,026,499$62,655,845
62$99,587,697$40,656,583$30,981,774$67,750,390
63$109,693,435$42,596,549$31,967,456$73,313,417
64$120,828,313$44,629,928$32,984,515$79,390,596
65$133,097,253$46,761,247$34,033,948$86,032,165
66$146,615,876$48,995,250$35,116,788$93,293,390
67$161,511,592$51,336,915$36,234,098$101,235,077
68$177,924,811$53,791,459$37,386,976$109,924,127
69$196,010,257$56,364,356$38,576,555$119,434,159
70$215,938,437$59,061,344$39,804,004$129,846,186
71$237,897,249$61,888,441$41,070,529$141,249,366
72$262,093,752$64,851,959$42,377,376$153,741,830
73$288,756,125$67,958,514$43,725,827$167,431,584
74$318,135,817$71,215,049$45,117,210$182,437,519
75$350,509,924$74,628,840$46,552,890$198,890,509
76$386,183,804$78,207,521$48,034,280$216,934,633
77$425,493,959$81,959,096$49,562,835$236,728,507
78$468,811,211$85,891,960$51,140,058$258,446,767
79$516,544,204$90,014,916$52,767,500$282,281,693
80$569,143,261$94,337,195$54,446,759$308,445,001
81$627,104,636$98,868,480$56,179,488$337,169,817
82$690,975,197$103,618,923$57,967,389$368,712,852
83$761,357,591$108,599,174$59,812,220$403,356,803
84$838,915,931$113,820,400$61,715,795$441,412,988
85$924,382,067$119,294,311$63,679,986$483,224,261
86$1,018,562,496$125,033,190$65,706,723$529,168,216
87$1,122,345,972$131,049,918$67,798,000$579,660,720
88$1,236,711,901$137,358,004$69,955,873$635,159,808
89$1,362,739,584$143,971,615$72,182,464$696,169,968
90$1,501,618,408$150,905,610$74,479,963$763,246,874
91$1,654,659,072$158,175,572$76,850,628$837,002,588
92$1,823,305,965$165,797,842$79,296,791$918,111,300
93$2,009,150,798$173,789,561$81,820,859$1,007,315,655
94$2,213,947,635$182,168,705$84,425,313$1,105,433,714
95$2,439,629,447$190,954,126$87,112,715$1,213,366,639
96$2,688,326,368$200,165,595$89,885,708$1,332,107,147
97$2,962,385,799$209,823,850$92,747,020$1,462,748,835
98$3,264,394,571$219,950,639$95,699,466$1,606,496,453
99$3,597,203,368$230,568,772$98,745,949$1,764,677,221
100$3,963,953,640$241,702,170$101,889,467$1,938,753,303