Can I retire at age 45 with 17,700,000?

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 $17,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$1,461,649$1,448,630$1,435,927$1,423,529$1,411,423$1,379,544
2 years$723,589$710,113$697,052$684,389$672,106$640,160
3 years$477,601$464,066$451,039$438,495$426,412$395,395
4 years$354,631$341,138$328,241$315,911$304,120$274,273
5 years$280,868$267,456$254,728$242,650$231,188$202,593
6 years$231,709$218,398$205,858$194,049$182,931$155,618
7 years$196,609$183,410$171,069$159,538$148,772$122,746
8 years$170,296$157,217$145,080$133,833$123,420$98,673
9 years$149,842$136,885$124,958$113,996$103,938$80,449
10 years$133,487$120,658$108,941$98,265$88,560$66,305
11 years$120,115$107,415$95,910$85,520$76,165$55,114
12 years$108,980$96,409$85,118$75,013$66,003$46,122
13 years$99,565$87,126$76,047$66,225$57,556$38,809
14 years$91,502$79,195$68,328$58,787$50,453$32,802
15 years$84,521$72,346$61,691$52,428$44,423$27,827
16 years$78,418$66,376$55,932$46,944$39,261$23,679
17 years$73,038$61,130$50,896$42,178$34,812$20,201
18 years$68,262$56,487$46,462$38,011$30,953$17,271
19 years$63,994$52,351$42,533$34,346$27,589$14,793
20 years$60,157$48,648$39,035$31,107$24,643$12,690
21 years$56,690$45,313$35,905$28,232$22,053$10,900
22 years$53,542$42,298$33,092$25,669$19,767$9,373
23 years$50,673$39,561$30,554$23,377$17,744$8,068
24 years$48,046$37,066$28,258$21,322$15,949$6,950
25 years$45,633$34,784$26,172$19,472$14,351$5,991
26 years$43,410$32,692$24,273$17,804$12,927$5,168
27 years$41,355$30,767$22,540$16,297$11,655$4,460
28 years$39,449$28,991$20,954$14,931$10,517$3,851
29 years$37,679$27,350$19,499$13,692$9,496$3,326
30 years$36,030$25,829$18,163$12,566$8,580$2,873
31 years$34,490$24,417$16,933$11,541$7,757$2,483
32 years$33,049$23,104$15,799$10,606$7,017$2,147
33 years$31,698$21,879$14,751$9,753$6,351$1,856
34 years$30,430$20,737$13,783$8,974$5,750$1,605
35 years$29,236$19,669$12,886$8,261$5,208$1,388
36 years$28,112$18,668$12,054$7,608$4,718$1,201
37 years$27,050$17,731$11,283$7,010$4,277$1,039
38 years$26,047$16,850$10,566$6,461$3,877$899
39 years$25,098$16,023$9,899$5,958$3,516$778
40 years$24,199$15,245$9,278$5,495$3,189$673
41 years$23,345$14,511$8,700$5,070$2,893$583
42 years$22,535$13,820$8,161$4,679$2,625$504
43 years$21,764$13,168$7,658$4,319$2,383$436
44 years$21,030$12,552$7,188$3,988$2,163$378
45 years$20,331$11,969$6,750$3,683$1,963$327
46 years$19,664$11,418$6,339$3,402$1,783$283
47 years$19,028$10,896$5,956$3,143$1,619$245
48 years$18,419$10,402$5,597$2,904$1,470$212
49 years$17,838$9,933$5,261$2,684$1,335$184
50 years$17,281$9,489$4,946$2,481$1,213$159

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $17,700,000, adding $5,932 every year, while hoping to spend $26,154 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: 49/35/16 Blend
44$17,700,000$17,700,000$17,700,000$17,700,000
45$19,511,519$18,573,419$18,299,069$20,380,551
46$21,473,866$19,455,689$18,884,260$21,863,333
47$23,635,496$20,380,313$19,488,178$23,469,973
48$26,016,708$21,349,340$20,111,424$25,214,684
49$28,639,872$22,364,917$20,754,616$27,110,434
50$31,529,635$23,429,295$21,418,392$29,171,467
51$34,713,163$24,544,835$22,103,413$31,413,426
52$38,220,386$25,714,012$22,810,358$33,853,494
53$42,084,291$26,939,424$23,539,930$36,510,554
54$46,341,224$28,223,792$24,292,854$39,405,351
55$51,031,242$29,569,970$25,069,877$42,560,686
56$56,198,482$30,980,952$25,871,772$46,001,620
57$61,891,586$32,459,878$26,699,334$49,755,702
58$68,164,153$34,010,037$27,553,388$53,853,219
59$75,075,250$35,634,883$28,434,780$58,327,475
60$82,689,968$37,338,034$29,344,387$63,215,090
61$91,080,033$39,123,286$30,283,112$68,556,338
62$100,324,489$40,994,620$31,251,889$74,395,518
63$110,510,440$42,956,209$32,251,681$80,781,355
64$121,733,873$45,012,431$33,283,480$87,767,453
65$134,100,564$47,167,877$34,348,313$95,412,782
66$147,727,078$49,427,358$35,447,237$103,782,228
67$162,741,866$51,795,925$36,581,345$112,947,187
68$179,286,481$54,278,870$37,751,765$122,986,224
69$197,516,912$56,881,745$38,959,659$133,985,801
70$217,605,058$59,610,372$40,206,230$146,041,076
71$239,740,351$62,470,856$41,492,715$159,256,785
72$264,131,539$65,469,601$42,820,393$173,748,211
73$291,008,666$68,613,321$44,190,586$189,642,256
74$320,625,235$71,909,058$45,604,655$207,078,618
75$353,260,604$75,364,198$47,064,007$226,211,089
76$389,222,626$78,986,484$48,570,092$247,208,987
77$428,850,553$82,784,040$50,124,408$270,258,730
78$472,518,235$86,765,384$51,728,501$295,565,574
79$520,637,655$90,939,448$53,383,967$323,355,526
80$573,662,817$95,315,603$55,092,451$353,877,450
81$632,094,030$99,903,673$56,855,654$387,405,391
82$696,482,631$104,713,962$58,675,328$424,241,135
83$767,436,192$109,757,279$60,553,284$464,717,026
84$845,624,254$115,044,957$62,491,390$509,199,072
85$931,784,651$120,588,882$64,491,574$558,090,372
86$1,026,730,470$126,401,522$66,555,826$611,834,884
87$1,131,357,731$132,495,950$68,686,200$670,921,580
88$1,246,653,847$138,885,879$70,884,815$735,889,029
89$1,373,706,942$145,585,689$73,153,859$807,330,437
90$1,513,716,126$152,610,464$75,495,589$885,899,212
91$1,668,002,816$159,976,022$77,912,336$972,315,086
92$1,838,023,209$167,698,953$80,406,506$1,067,370,864
93$2,025,382,032$175,796,657$82,980,579$1,171,939,866
94$2,231,847,689$184,287,383$85,637,118$1,286,984,120
95$2,459,368,958$193,190,270$88,378,766$1,413,563,391
96$2,710,093,390$202,525,392$91,208,254$1,552,845,134
97$2,986,387,582$212,313,802$94,128,396$1,706,115,461
98$3,290,859,518$222,577,581$97,142,100$1,874,791,219
99$3,626,383,195$233,339,888$100,252,366$2,060,433,307
100$3,996,125,750$244,625,012$103,462,290$2,264,761,347