Can I retire at age 45 with 15,000,000?

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 $15,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$1,238,686$1,227,652$1,216,888$1,206,381$1,196,121$1,185,604
2 years$613,211$601,790$590,722$579,991$569,581$558,984
3 years$404,746$393,277$382,236$371,606$361,366$351,015
4 years$300,535$289,100$278,170$267,721$257,729$247,706
5 years$238,024$226,658$215,871$205,635$195,922$186,255
6 years$196,364$185,083$174,456$164,448$155,026$145,728
7 years$166,618$155,433$144,974$135,202$126,078$117,153
8 years$144,319$133,234$122,949$113,418$104,594$96,042
9 years$126,984$116,005$105,896$96,607$88,083$79,901
10 years$113,125$102,252$92,323$83,276$75,051$67,235
11 years$101,793$91,029$81,280$72,475$64,546$57,089
12 years$92,356$81,703$72,133$63,570$55,935$48,830
13 years$84,377$73,836$64,446$56,123$48,776$42,015
14 years$77,544$67,114$57,905$49,820$42,757$36,332
15 years$71,628$61,310$52,281$44,430$37,646$31,548
16 years$66,456$56,251$47,400$39,783$33,272$27,490
17 years$61,897$51,805$43,132$35,744$29,501$24,026
18 years$57,849$47,870$39,374$32,213$26,231$21,052
19 years$54,232$44,366$36,045$29,107$23,380$18,487
20 years$50,980$41,227$33,081$26,362$20,884$16,265
21 years$48,042$38,401$30,428$23,925$18,689$14,334
22 years$45,375$35,846$28,044$21,754$16,752$12,650
23 years$42,943$33,526$25,894$19,811$15,037$11,178
24 years$40,717$31,412$23,947$18,069$13,516$9,889
25 years$38,672$29,478$22,180$16,502$12,162$8,756
26 years$36,788$27,705$20,571$15,088$10,955$7,760
27 years$35,046$26,074$19,102$13,811$9,877$6,882
28 years$33,432$24,569$17,757$12,654$8,912$6,108
29 years$31,931$23,178$16,525$11,604$8,048$5,423
30 years$30,534$21,889$15,392$10,649$7,272$4,818
31 years$29,228$20,693$14,350$9,780$6,574$4,283
32 years$28,007$19,579$13,389$8,989$5,947$3,808
33 years$26,863$18,542$12,501$8,266$5,382$3,387
34 years$25,788$17,574$11,680$7,605$4,873$3,014
35 years$24,776$16,668$10,920$7,001$4,413$2,683
36 years$23,823$15,821$10,216$6,448$3,999$2,388
37 years$22,924$15,026$9,562$5,941$3,624$2,127
38 years$22,074$14,280$8,954$5,476$3,286$1,894
39 years$21,270$13,579$8,389$5,049$2,980$1,687
40 years$20,507$12,919$7,863$4,657$2,703$1,503
41 years$19,784$12,298$7,373$4,297$2,452$1,339
42 years$19,097$11,712$6,916$3,965$2,225$1,194
43 years$18,444$11,159$6,490$3,660$2,019$1,064
44 years$17,822$10,637$6,092$3,380$1,833$948
45 years$17,230$10,143$5,720$3,121$1,664$845
46 years$16,665$9,676$5,372$2,883$1,511$754
47 years$16,125$9,234$5,047$2,664$1,372$672
48 years$15,610$8,815$4,743$2,461$1,246$599
49 years$15,117$8,418$4,458$2,275$1,131$534
50 years$14,645$8,041$4,191$2,103$1,028$476

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $15,000,000, adding $5,624 every year, while hoping to spend $41,441 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: 30/46/24 Blend
44$15,000,000$15,000,000$15,000,000$15,000,000
45$16,535,801$15,740,801$15,508,301$16,908,626
46$18,178,360$16,468,008$15,983,736$17,923,542
47$19,987,071$17,229,458$16,473,710$19,010,550
48$21,978,838$18,026,787$16,978,664$20,179,108
49$24,172,287$18,861,707$17,499,057$21,436,313
50$26,587,943$19,736,014$18,035,359$22,789,935
51$29,248,424$20,651,590$18,588,055$24,248,478
52$32,178,653$21,610,407$19,157,644$25,821,260
53$35,406,091$22,614,533$19,744,641$27,518,483
54$38,961,003$23,666,135$20,349,576$29,351,331
55$42,876,736$24,767,486$20,972,998$31,332,060
56$47,190,037$25,920,967$21,615,467$33,474,109
57$51,941,401$27,129,075$22,277,566$35,792,213
58$57,175,450$28,394,426$22,959,891$38,302,535
59$62,941,358$29,719,764$23,663,058$41,022,810
60$69,293,309$31,107,966$24,387,704$43,972,496
61$76,291,015$32,562,045$25,134,480$47,172,951
62$84,000,276$34,085,162$25,904,062$50,647,620
63$92,493,600$35,680,630$26,697,144$54,422,246
64$101,850,889$37,351,924$27,514,441$58,525,098
65$112,160,195$39,102,683$28,356,690$62,987,226
66$123,518,547$40,936,726$29,224,651$67,842,738
67$136,032,867$42,858,055$30,119,105$73,129,108
68$149,820,984$44,870,864$31,040,860$78,887,516
69$165,012,742$46,979,553$31,990,746$85,163,216
70$181,751,224$49,188,734$32,969,618$92,005,949
71$200,194,107$51,503,240$33,978,359$99,470,395
72$220,515,149$53,928,142$35,017,877$107,616,670
73$242,905,826$56,468,753$36,089,108$116,510,873
74$267,577,143$59,130,645$37,193,016$126,225,689
75$294,761,625$61,919,660$38,330,595$136,841,058
76$324,715,510$64,841,922$39,502,869$148,444,900
77$357,721,169$67,903,854$40,710,892$161,133,929
78$394,089,773$71,112,187$41,955,752$175,014,536
79$434,164,228$74,473,982$43,238,567$190,203,770
80$478,322,411$77,996,639$44,560,491$206,830,415
81$526,980,743$81,687,920$45,922,713$225,036,180
82$580,598,112$85,555,961$47,326,457$244,977,003
83$639,680,210$89,609,294$48,772,985$266,824,496
84$704,784,307$93,856,865$50,263,595$290,767,532
85$776,524,508$98,308,053$51,799,627$317,013,992
86$855,577,554$102,972,694$53,382,461$345,792,696
87$942,689,209$107,861,100$55,013,518$377,355,522
88$1,038,681,298$112,984,085$56,694,261$411,979,746
89$1,144,459,472$118,352,986$58,426,200$449,970,622
90$1,261,021,748$123,979,692$60,210,887$491,664,218
91$1,389,467,940$129,876,671$62,049,926$537,430,545
92$1,531,010,036$136,056,994$63,944,964$587,677,003
93$1,686,983,641$142,534,368$65,897,702$642,852,180
94$1,858,860,587$149,323,166$67,909,890$703,450,033
95$2,048,262,827$156,438,462$69,983,331$770,014,501
96$2,256,977,747$163,896,058$72,119,884$843,144,582
97$2,486,975,040$171,712,528$74,321,464$923,499,926
98$2,740,425,303$179,905,250$76,590,041$1,011,807,011
99$3,019,720,524$188,492,448$78,927,648$1,108,865,924
100$3,327,496,671$197,493,232$81,336,378$1,215,557,857