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

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 $17,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,411,291
2 years$731,765$718,137$704,928$692,122$679,701$663,512
3 years$482,997$469,310$456,135$443,449$431,230$415,436
4 years$358,638$344,993$331,950$319,480$307,557$292,280
5 years$284,042$270,478$257,607$245,392$233,800$219,084
6 years$234,327$220,866$208,184$196,242$184,998$170,861
7 years$198,831$185,483$173,002$161,341$150,453$136,900
8 years$172,221$158,993$146,720$135,345$124,815$111,846
9 years$151,535$138,432$126,370$115,284$105,112$92,722
10 years$134,996$122,021$110,172$99,376$89,561$77,741
11 years$121,473$108,628$96,994$86,487$77,025$65,766
12 years$110,211$97,499$86,079$75,860$66,749$56,038
13 years$100,690$88,110$76,906$66,973$58,206$48,031
14 years$92,536$80,090$69,101$59,452$51,023$41,369
15 years$85,476$73,164$62,388$53,020$44,925$35,777
16 years$79,304$67,126$56,564$47,474$39,705$31,047
17 years$73,864$61,821$51,471$42,655$35,205$27,021
18 years$69,033$57,125$46,987$38,441$31,303$23,575
19 years$64,717$52,943$43,014$34,734$27,901$20,613
20 years$60,836$49,197$39,476$31,459$24,921$18,056
21 years$57,330$45,825$36,310$28,551$22,302$15,842
22 years$54,147$42,776$33,466$25,959$19,990$13,918
23 years$51,245$40,008$30,900$23,642$17,945$12,242
24 years$48,589$37,485$28,577$21,562$16,129$10,780
25 years$46,149$35,177$26,468$19,692$14,514$9,501
26 years$43,900$33,061$24,548$18,005$13,073$8,380
27 years$41,822$31,114$22,795$16,481$11,787$7,397
28 years$39,895$29,319$21,191$15,100$10,635$6,533
29 years$38,105$27,659$19,720$13,847$9,603$5,773
30 years$36,437$26,121$18,368$12,708$8,677$5,104
31 years$34,879$24,693$17,124$11,671$7,845$4,514
32 years$33,422$23,365$15,977$10,726$7,096$3,994
33 years$32,056$22,127$14,918$9,864$6,422$3,535
34 years$30,773$20,971$13,938$9,075$5,815$3,130
35 years$29,567$19,891$13,031$8,354$5,267$2,772
36 years$28,429$18,879$12,191$7,694$4,772$2,455
37 years$27,356$17,931$11,410$7,089$4,325$2,175
38 years$26,342$17,041$10,685$6,534$3,921$1,927
39 years$25,382$16,204$10,011$6,025$3,556$1,708
40 years$24,472$15,417$9,383$5,557$3,225$1,514
41 years$23,609$14,675$8,798$5,127$2,926$1,342
42 years$22,789$13,976$8,253$4,732$2,655$1,190
43 years$22,010$13,317$7,745$4,368$2,409$1,055
44 years$21,268$12,694$7,270$4,033$2,187$935
45 years$20,561$12,104$6,826$3,725$1,985$830
46 years$19,886$11,547$6,411$3,441$1,803$736
47 years$19,243$11,020$6,023$3,179$1,637$652
48 years$18,628$10,520$5,660$2,937$1,487$579
49 years$18,039$10,046$5,320$2,714$1,350$513
50 years$17,477$9,596$5,002$2,509$1,226$455

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 $6,400 every year, while hoping to spend $37,246 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: 46/27/27 Blend
44$17,900,000$17,900,000$17,900,000$17,900,000
45$19,732,402$18,783,702$18,506,252$20,486,477
46$21,705,477$19,664,474$19,086,582$21,901,267
47$23,878,558$20,587,155$19,685,104$23,431,277
48$26,272,005$21,553,760$20,302,390$25,090,674
49$28,908,256$22,566,401$20,939,026$26,891,595
50$31,812,035$23,627,291$21,595,620$28,847,368
51$35,010,585$24,738,751$22,272,796$30,972,637
52$38,533,931$25,903,215$22,971,200$33,283,489
53$42,415,153$27,123,234$23,691,497$35,797,604
54$46,690,710$28,401,484$24,434,373$38,534,411
55$51,400,773$29,740,767$25,200,536$41,515,266
56$56,589,612$31,144,025$25,990,714$44,763,647
57$62,306,011$32,614,341$26,805,661$48,305,366
58$68,603,727$34,154,946$27,646,154$52,168,806
59$75,541,998$35,769,230$28,512,991$56,385,180
60$83,186,105$37,460,745$29,406,999$60,988,817
61$91,607,984$39,233,218$30,329,030$66,017,474
62$100,886,907$41,090,554$31,279,961$71,512,689
63$111,110,229$43,036,849$32,260,697$77,520,156
64$122,374,215$45,076,397$33,272,173$84,090,151
65$134,784,946$47,213,702$34,315,353$91,277,993
66$148,459,322$49,453,485$35,391,228$99,144,554
67$163,526,163$51,800,695$36,500,824$107,756,825
68$180,127,427$54,260,525$37,645,197$117,188,533
69$198,419,550$56,838,416$38,825,437$127,520,823
70$218,574,922$59,540,077$40,042,667$138,843,014
71$240,783,515$62,371,491$41,298,047$151,253,424
72$265,254,673$65,338,934$42,592,771$164,860,287
73$292,219,093$68,448,985$43,928,073$179,782,753
74$321,931,001$71,708,545$45,305,223$196,152,005
75$354,670,548$75,124,849$46,725,533$214,112,472
76$390,746,460$78,705,483$48,190,355$233,823,180
77$430,498,950$82,458,403$49,701,083$255,459,232
78$474,302,929$86,391,951$51,259,156$279,213,442
79$522,571,547$90,514,875$52,866,056$305,298,136
80$575,760,089$94,836,349$54,523,313$333,947,133
81$634,370,280$99,365,991$56,232,505$365,417,930
82$698,955,013$104,113,890$57,995,260$399,994,114
83$770,123,577$109,090,623$59,813,253$437,988,009
84$848,547,402$114,307,283$61,688,217$479,743,600
85$934,966,400$119,775,503$63,621,936$525,639,758
86$1,030,195,952$125,507,482$65,616,249$576,093,783
87$1,135,134,602$131,516,011$67,673,057$631,565,320
88$1,250,772,542$137,814,506$69,794,315$692,560,662
89$1,378,200,959$144,417,035$71,982,042$759,637,502
90$1,518,622,338$151,338,351$74,238,322$833,410,163
91$1,673,361,812$158,593,926$76,565,301$914,555,363
92$1,843,879,671$166,199,983$78,965,193$1,003,818,567
93$2,031,785,154$174,173,538$81,440,283$1,102,020,985
94$2,238,851,633$182,532,435$83,992,926$1,210,067,288
95$2,467,033,361$191,295,385$86,625,550$1,328,954,104
96$2,718,483,919$200,482,015$89,340,662$1,459,779,383
97$2,995,576,549$210,112,904$92,140,845$1,603,752,720
98$3,300,926,557$220,209,635$95,028,762$1,762,206,722
99$3,637,416,002$230,794,845$98,007,162$1,936,609,542
100$4,008,220,912$241,892,269$101,078,880$2,128,578,684