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%14%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,403,725
2 years$731,765$718,137$704,928$692,122$679,701$655,946
3 years$482,997$469,310$456,135$443,449$431,230$408,107
4 years$358,638$344,993$331,950$319,480$307,557$285,244
5 years$284,042$270,478$257,607$245,392$233,800$212,360
6 years$234,327$220,866$208,184$196,242$184,998$164,457
7 years$198,831$185,483$173,002$161,341$150,453$130,816
8 years$172,221$158,993$146,720$135,345$124,815$106,080
9 years$151,535$138,432$126,370$115,284$105,112$87,267
10 years$134,996$122,021$110,172$99,376$89,561$72,592
11 years$121,473$108,628$96,994$86,487$77,025$60,914
12 years$110,211$97,499$86,079$75,860$66,749$51,474
13 years$100,690$88,110$76,906$66,973$58,206$43,745
14 years$92,536$80,090$69,101$59,452$51,023$37,352
15 years$85,476$73,164$62,388$53,020$44,925$32,018
16 years$79,304$67,126$56,564$47,474$39,705$27,535
17 years$73,864$61,821$51,471$42,655$35,205$23,745
18 years$69,033$57,125$46,987$38,441$31,303$20,524
19 years$64,717$52,943$43,014$34,734$27,901$17,776
20 years$60,836$49,197$39,476$31,459$24,921$15,421
21 years$57,330$45,825$36,310$28,551$22,302$13,398
22 years$54,147$42,776$33,466$25,959$19,990$11,655
23 years$51,245$40,008$30,900$23,642$17,945$10,150
24 years$48,589$37,485$28,577$21,562$16,129$8,847
25 years$46,149$35,177$26,468$19,692$14,514$7,718
26 years$43,900$33,061$24,548$18,005$13,073$6,738
27 years$41,822$31,114$22,795$16,481$11,787$5,886
28 years$39,895$29,319$21,191$15,100$10,635$5,144
29 years$38,105$27,659$19,720$13,847$9,603$4,498
30 years$36,437$26,121$18,368$12,708$8,677$3,934
31 years$34,879$24,693$17,124$11,671$7,845$3,443
32 years$33,422$23,365$15,977$10,726$7,096$3,013
33 years$32,056$22,127$14,918$9,864$6,422$2,638
34 years$30,773$20,971$13,938$9,075$5,815$2,311
35 years$29,567$19,891$13,031$8,354$5,267$2,024
36 years$28,429$18,879$12,191$7,694$4,772$1,773
37 years$27,356$17,931$11,410$7,089$4,325$1,554
38 years$26,342$17,041$10,685$6,534$3,921$1,362
39 years$25,382$16,204$10,011$6,025$3,556$1,193
40 years$24,472$15,417$9,383$5,557$3,225$1,046
41 years$23,609$14,675$8,798$5,127$2,926$917
42 years$22,789$13,976$8,253$4,732$2,655$804
43 years$22,010$13,317$7,745$4,368$2,409$705
44 years$21,268$12,694$7,270$4,033$2,187$618
45 years$20,561$12,104$6,826$3,725$1,985$542
46 years$19,886$11,547$6,411$3,441$1,803$475
47 years$19,243$11,020$6,023$3,179$1,637$417
48 years$18,628$10,520$5,660$2,937$1,487$365
49 years$18,039$10,046$5,320$2,714$1,350$320
50 years$17,477$9,596$5,002$2,509$1,226$281

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 $5,361 every year, while hoping to spend $50,474 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: 64/21/15 Blend
44$17,900,000$17,900,000$17,900,000$17,900,000
45$19,731,330$18,782,630$18,505,180$20,922,058
46$21,690,222$19,649,275$19,071,399$22,587,090
47$23,847,229$20,556,694$19,654,896$24,398,872
48$26,222,505$21,506,831$20,256,194$26,376,770
49$28,838,260$22,501,725$20,875,836$28,536,980
50$31,718,966$23,543,513$21,514,380$30,897,319
51$34,891,588$24,634,433$22,172,399$33,477,389
52$38,385,842$25,776,832$22,850,487$36,298,755
53$42,234,473$26,973,171$23,549,253$39,385,150
54$46,473,562$28,226,030$24,269,325$42,762,685
55$51,142,870$29,538,110$25,011,353$46,460,100
56$56,286,211$30,912,246$25,776,001$50,509,024
57$61,951,866$32,351,407$26,563,959$54,944,269
58$68,193,039$33,858,708$27,375,934$59,804,155
59$75,068,356$35,437,413$28,212,655$65,130,863
60$82,642,425$37,090,942$29,074,875$70,970,827
61$90,986,437$38,822,883$29,963,368$77,375,170
62$100,178,844$40,636,995$30,878,932$84,400,174
63$110,306,098$42,537,220$31,822,388$92,107,808
64$121,463,466$44,527,690$32,794,584$100,566,303
65$133,755,930$46,612,736$33,796,392$109,850,790
66$147,299,175$48,796,900$34,828,712$120,044,000
67$162,220,685$51,084,943$35,892,468$131,237,038
68$178,660,945$53,481,855$36,988,616$143,530,232
69$196,774,764$55,992,869$38,118,137$157,034,072
70$216,732,741$58,623,470$39,282,046$171,870,242
71$238,722,870$61,379,410$40,481,384$188,172,761
72$262,952,319$64,266,718$41,717,227$206,089,234
73$289,649,384$67,291,714$42,990,681$225,782,239
74$319,065,640$70,461,028$44,302,888$247,430,844
75$351,478,323$73,781,606$45,655,023$271,232,291
76$387,192,941$77,260,734$47,048,296$297,403,842
77$426,546,161$80,906,050$48,483,954$326,184,816
78$469,908,986$84,725,562$49,963,282$357,838,838
79$517,690,254$88,727,666$51,487,603$392,656,310
80$570,340,504$92,921,166$53,058,282$430,957,139
81$628,356,223$97,315,292$54,676,723$473,093,737
82$692,284,538$101,919,720$56,344,373$519,454,339
83$762,728,373$106,744,599$58,062,722$570,466,644
84$840,352,150$111,800,568$59,833,306$626,601,835
85$925,888,056$117,098,782$61,657,708$688,379,013
86$1,020,142,953$122,650,938$63,537,557$756,370,072
87$1,124,006,001$128,469,300$65,474,531$831,205,080
88$1,238,457,046$134,566,729$67,470,361$913,578,206
89$1,364,575,875$140,956,709$69,526,828$1,004,254,247
90$1,503,552,404$147,653,378$71,645,768$1,104,075,829
91$1,656,697,918$154,671,562$73,829,070$1,213,971,333
92$1,825,457,445$162,026,807$76,078,682$1,334,963,636
93$2,011,423,397$169,735,414$78,396,611$1,468,179,737
94$2,216,350,610$177,814,476$80,784,924$1,614,861,372
95$2,442,172,902$186,281,915$83,245,749$1,776,376,703
96$2,691,021,336$195,156,526$85,781,279$1,954,233,209
97$2,965,244,334$204,458,018$88,393,774$2,150,091,875
98$3,267,429,851$214,207,055$91,085,560$2,365,782,849
99$3,600,429,804$224,425,309$93,859,034$2,603,322,677
100$3,967,386,998$235,135,504$96,716,667$2,864,933,306