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

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 $17,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$1,461,649$1,448,630$1,435,927$1,423,529$1,411,423$1,382,360
2 years$723,589$710,113$697,052$684,389$672,106$642,958
3 years$477,601$464,066$451,039$438,495$426,412$398,088
4 years$354,631$341,138$328,241$315,911$304,120$276,839
5 years$280,868$267,456$254,728$242,650$231,188$205,026
6 years$231,709$218,398$205,858$194,049$182,931$157,917
7 years$196,609$183,410$171,069$159,538$148,772$124,911
8 years$170,296$157,217$145,080$133,833$123,420$100,705
9 years$149,842$136,885$124,958$113,996$103,938$82,353
10 years$133,487$120,658$108,941$98,265$88,560$68,084
11 years$120,115$107,415$95,910$85,520$76,165$56,772
12 years$108,980$96,409$85,118$75,013$66,003$47,665
13 years$99,565$87,126$76,047$66,225$57,556$40,241
14 years$91,502$79,195$68,328$58,787$50,453$34,128
15 years$84,521$72,346$61,691$52,428$44,423$29,053
16 years$78,418$66,376$55,932$46,944$39,261$24,810
17 years$73,038$61,130$50,896$42,178$34,812$21,243
18 years$68,262$56,487$46,462$38,011$30,953$18,228
19 years$63,994$52,351$42,533$34,346$27,589$15,671
20 years$60,157$48,648$39,035$31,107$24,643$13,494
21 years$56,690$45,313$35,905$28,232$22,053$11,635
22 years$53,542$42,298$33,092$25,669$19,767$10,044
23 years$50,673$39,561$30,554$23,377$17,744$8,679
24 years$48,046$37,066$28,258$21,322$15,949$7,506
25 years$45,633$34,784$26,172$19,472$14,351$6,496
26 years$43,410$32,692$24,273$17,804$12,927$5,626
27 years$41,355$30,767$22,540$16,297$11,655$4,875
28 years$39,449$28,991$20,954$14,931$10,517$4,226
29 years$37,679$27,350$19,499$13,692$9,496$3,665
30 years$36,030$25,829$18,163$12,566$8,580$3,180
31 years$34,490$24,417$16,933$11,541$7,757$2,759
32 years$33,049$23,104$15,799$10,606$7,017$2,395
33 years$31,698$21,879$14,751$9,753$6,351$2,080
34 years$30,430$20,737$13,783$8,974$5,750$1,806
35 years$29,236$19,669$12,886$8,261$5,208$1,569
36 years$28,112$18,668$12,054$7,608$4,718$1,363
37 years$27,050$17,731$11,283$7,010$4,277$1,184
38 years$26,047$16,850$10,566$6,461$3,877$1,029
39 years$25,098$16,023$9,899$5,958$3,516$894
40 years$24,199$15,245$9,278$5,495$3,189$777
41 years$23,345$14,511$8,700$5,070$2,893$675
42 years$22,535$13,820$8,161$4,679$2,625$587
43 years$21,764$13,168$7,658$4,319$2,383$510
44 years$21,030$12,552$7,188$3,988$2,163$444
45 years$20,331$11,969$6,750$3,683$1,963$386
46 years$19,664$11,418$6,339$3,402$1,783$335
47 years$19,028$10,896$5,956$3,143$1,619$291
48 years$18,419$10,402$5,597$2,904$1,470$253
49 years$17,838$9,933$5,261$2,684$1,335$220
50 years$17,281$9,489$4,946$2,481$1,213$192

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 $3,661 every year, while hoping to spend $34,274 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: 29/43/28 Blend
44$17,700,000$17,700,000$17,700,000$17,700,000
45$19,509,176$18,571,076$18,296,726$19,906,078
46$21,462,645$19,444,592$18,873,199$21,093,620
47$23,614,219$20,359,761$19,467,836$22,366,170
48$25,984,068$21,318,588$20,081,207$23,733,593
49$28,594,420$22,323,176$20,713,904$25,204,112
50$31,469,767$23,375,728$21,366,536$26,786,724
51$34,637,099$24,478,554$22,039,731$28,491,279
52$38,126,157$25,634,077$22,734,136$30,328,562
53$41,969,716$26,844,838$23,450,421$32,310,386
54$46,203,891$28,113,498$24,189,273$34,449,693
55$50,868,479$29,442,851$24,951,405$36,760,667
56$56,007,336$30,835,823$25,737,550$39,258,857
57$61,668,791$32,295,485$26,548,464$41,961,310
58$67,906,098$33,825,054$27,384,928$44,886,724
59$74,777,943$35,427,906$28,247,747$48,055,610
60$82,348,998$37,107,578$29,137,751$51,490,470
61$90,690,528$38,867,780$30,055,797$55,216,001
62$99,881,064$40,712,404$31,002,768$59,259,311
63$110,007,147$42,645,527$31,979,576$63,650,161
64$121,164,146$44,671,427$32,987,161$68,421,229
65$133,457,150$46,794,588$34,026,493$73,608,404
66$147,001,970$49,019,714$35,098,571$79,251,107
67$161,926,226$51,351,735$36,204,428$85,392,647
68$178,370,553$53,795,822$37,345,128$92,080,607
69$196,489,928$56,357,396$38,521,769$99,367,279
70$216,455,136$59,042,143$39,735,483$107,310,134
71$238,454,376$61,856,025$40,987,438$115,972,345
72$262,695,045$64,805,292$42,278,840$125,423,360
73$289,405,689$67,896,501$43,610,931$135,739,534
74$318,838,165$71,136,525$44,984,992$147,004,827
75$351,270,016$74,532,573$46,402,348$159,311,572
76$387,007,092$78,092,204$47,864,361$172,761,316
77$426,386,437$81,823,343$49,372,439$187,465,755
78$469,779,471$85,734,304$50,928,033$203,547,756
79$517,595,495$89,833,804$52,532,640$221,142,489
80$570,285,557$94,130,981$54,187,805$240,398,671
81$628,346,709$98,635,424$55,895,121$261,479,934
82$692,326,696$103,357,183$57,656,230$284,566,336
83$762,829,133$108,306,799$59,472,829$309,856,026
84$840,519,201$113,495,328$61,346,664$337,567,075
85$926,129,922$118,934,362$63,279,540$367,939,494
86$1,020,469,086$124,636,058$65,273,317$401,237,459
87$1,124,426,874$130,613,165$67,329,914$437,751,759
88$1,238,984,259$136,879,054$69,451,310$477,802,498
89$1,365,222,271$143,447,746$71,639,546$521,742,067
90$1,504,332,201$150,333,944$73,896,730$569,958,421
91$1,657,626,848$157,553,070$76,225,033$622,878,690
92$1,826,552,911$165,121,294$78,626,696$680,973,152
93$2,012,704,648$173,055,578$81,104,030$744,759,620
94$2,217,838,928$181,373,707$83,659,421$814,808,266
95$2,443,891,814$190,094,334$86,295,327$891,746,945
96$2,692,996,844$199,237,021$89,014,285$976,267,049
97$2,967,505,170$208,822,284$91,818,912$1,069,129,973
98$3,270,007,760$218,871,638$94,711,908$1,171,174,223
99$3,603,359,851$229,407,648$97,696,057$1,283,323,262
100$3,970,707,912$240,453,978$100,774,230$1,406,594,142