Can I retire at age 45 with 17,900,000?

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 $17,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,390,045
2 years$731,765$718,137$704,928$692,122$679,701$642,350
3 years$482,997$469,310$456,135$443,449$431,230$395,023
4 years$358,638$344,993$331,950$319,480$307,557$272,772
5 years$284,042$270,478$257,607$245,392$233,800$200,533
6 years$234,327$220,866$208,184$196,242$184,998$153,282
7 years$198,831$185,483$173,002$161,341$150,453$120,290
8 years$172,221$158,993$146,720$135,345$124,815$96,191
9 years$151,535$138,432$126,370$115,284$105,112$78,001
10 years$134,996$122,021$110,172$99,376$89,561$63,929
11 years$121,473$108,628$96,994$86,487$77,025$52,834
12 years$110,211$97,499$86,079$75,860$66,749$43,955
13 years$100,690$88,110$76,906$66,973$58,206$36,763
14 years$92,536$80,090$69,101$59,452$51,023$30,882
15 years$85,476$73,164$62,388$53,020$44,925$26,034
16 years$79,304$67,126$56,564$47,474$39,705$22,012
17 years$73,864$61,821$51,471$42,655$35,205$18,657
18 years$69,033$57,125$46,987$38,441$31,303$15,845
19 years$64,717$52,943$43,014$34,734$27,901$13,481
20 years$60,836$49,197$39,476$31,459$24,921$11,486
21 years$57,330$45,825$36,310$28,551$22,302$9,798
22 years$54,147$42,776$33,466$25,959$19,990$8,367
23 years$51,245$40,008$30,900$23,642$17,945$7,151
24 years$48,589$37,485$28,577$21,562$16,129$6,116
25 years$46,149$35,177$26,468$19,692$14,514$5,235
26 years$43,900$33,061$24,548$18,005$13,073$4,483
27 years$41,822$31,114$22,795$16,481$11,787$3,841
28 years$39,895$29,319$21,191$15,100$10,635$3,292
29 years$38,105$27,659$19,720$13,847$9,603$2,822
30 years$36,437$26,121$18,368$12,708$8,677$2,420
31 years$34,879$24,693$17,124$11,671$7,845$2,076
32 years$33,422$23,365$15,977$10,726$7,096$1,781
33 years$32,056$22,127$14,918$9,864$6,422$1,529
34 years$30,773$20,971$13,938$9,075$5,815$1,312
35 years$29,567$19,891$13,031$8,354$5,267$1,126
36 years$28,429$18,879$12,191$7,694$4,772$967
37 years$27,356$17,931$11,410$7,089$4,325$830
38 years$26,342$17,041$10,685$6,534$3,921$713
39 years$25,382$16,204$10,011$6,025$3,556$612
40 years$24,472$15,417$9,383$5,557$3,225$526
41 years$23,609$14,675$8,798$5,127$2,926$452
42 years$22,789$13,976$8,253$4,732$2,655$388
43 years$22,010$13,317$7,745$4,368$2,409$333
44 years$21,268$12,694$7,270$4,033$2,187$286
45 years$20,561$12,104$6,826$3,725$1,985$246
46 years$19,886$11,547$6,411$3,441$1,803$211
47 years$19,243$11,020$6,023$3,179$1,637$181
48 years$18,628$10,520$5,660$2,937$1,487$156
49 years$18,039$10,046$5,320$2,714$1,350$134
50 years$17,477$9,596$5,002$2,509$1,226$115

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $17,900,000, adding $6,050 every year, while hoping to spend $46,725 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: 67/18/15 Blend
44$17,900,000$17,900,000$17,900,000$17,900,000
45$19,732,041$18,783,341$18,505,891$20,983,988
46$21,694,994$19,654,009$19,076,123$22,690,713
47$23,856,602$20,565,775$19,663,892$24,550,122
48$26,237,079$21,520,601$20,269,736$26,582,068
49$28,858,698$22,520,548$20,894,209$28,803,470
50$31,746,004$23,567,773$21,537,884$31,232,948
51$34,926,042$24,664,540$22,201,349$33,890,988
52$38,428,616$25,813,220$22,885,211$36,800,138
53$42,286,565$27,016,298$23,590,096$39,985,211
54$46,536,080$28,276,382$24,316,650$43,473,521
55$51,217,038$29,596,202$25,065,535$47,295,129
56$56,373,384$30,978,624$25,837,439$51,483,128
57$62,053,541$32,426,649$26,633,065$56,073,949
58$68,310,872$33,943,424$27,453,142$61,107,698
59$75,204,178$35,532,250$28,298,420$66,628,530
60$82,798,258$37,196,584$29,169,671$72,685,061
61$91,164,517$38,940,052$30,067,691$79,330,820
62$100,381,640$40,766,458$30,993,301$86,624,750
63$110,536,338$42,679,784$31,947,347$94,631,757
64$121,724,162$44,684,211$32,930,701$103,423,313
65$134,050,407$46,784,118$33,944,260$113,078,128
66$147,631,105$48,984,097$34,988,950$123,682,887
67$162,594,123$51,288,963$36,065,725$135,333,053
68$179,080,366$53,703,764$37,175,568$148,133,768
69$197,245,107$56,233,792$38,319,493$162,200,834
70$217,259,455$58,884,595$39,498,544$177,661,798
71$239,311,970$61,661,991$40,713,796$194,657,145
72$263,610,442$64,572,079$41,966,359$213,341,620
73$290,383,850$67,621,255$43,257,375$233,885,671
74$319,884,528$70,816,221$44,588,022$256,477,056
75$352,390,543$74,164,009$45,959,514$281,322,599
76$388,208,322$77,671,989$47,373,102$308,650,133
77$427,675,544$81,347,890$48,830,073$338,710,638
78$471,164,326$85,199,813$50,331,758$371,780,601
79$519,084,740$89,236,256$51,879,524$408,164,610
80$571,888,677$93,466,127$53,474,782$448,198,216
81$630,074,121$97,898,766$55,118,986$492,251,090
82$694,189,844$102,543,968$56,813,634$540,730,494
83$764,840,587$107,412,001$58,560,270$594,085,111
84$842,692,773$112,513,635$60,360,485$652,809,268
85$928,480,792$117,860,160$62,215,918$717,447,582
86$1,023,013,941$123,463,415$64,128,259$788,600,085
87$1,127,184,055$129,335,815$66,099,248$866,927,872
88$1,241,973,937$135,490,378$68,130,681$953,159,319
89$1,368,466,625$141,940,753$70,224,405$1,048,096,944
90$1,507,855,624$148,701,254$72,382,327$1,152,624,955
91$1,661,456,172$155,786,889$74,606,409$1,267,717,586
92$1,830,717,653$163,213,398$76,898,675$1,394,448,259
93$2,017,237,283$170,997,284$79,261,210$1,533,999,704
94$2,222,775,188$179,155,853$81,696,162$1,687,675,093
95$2,449,271,019$187,707,252$84,205,746$1,856,910,319
96$2,698,862,268$196,670,512$86,792,243$2,043,287,524
97$2,973,904,440$206,065,588$89,458,004$2,248,550,006
98$3,276,993,298$215,913,407$92,205,452$2,474,618,648
99$3,610,989,363$226,235,913$95,037,083$2,723,610,017
100$3,979,044,924$237,056,118$97,955,471$2,997,856,320