Can I retire at age 45 with 15,200,000?

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 $15,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$1,255,202$1,244,021$1,233,113$1,222,466$1,212,069$1,194,449
2 years$621,387$609,814$598,598$587,724$577,176$559,461
3 years$410,143$398,520$387,333$376,560$366,184$348,925
4 years$304,542$292,955$281,879$271,291$261,166$244,496
5 years$241,198$229,680$218,750$208,377$198,534$182,501
6 years$198,982$187,551$176,782$166,641$157,093$141,716
7 years$168,840$157,505$146,907$137,005$127,759$113,043
8 years$146,243$135,011$124,589$114,930$105,988$91,932
9 years$128,678$117,551$107,308$97,895$89,257$75,854
10 years$114,633$103,616$93,554$84,386$76,052$63,290
11 years$103,150$92,243$82,363$73,441$65,407$53,275
12 years$93,587$82,792$73,095$64,418$56,680$45,164
13 years$85,502$74,820$65,306$56,871$49,426$38,509
14 years$78,578$68,009$58,678$50,484$43,327$32,991
15 years$72,583$62,128$52,978$45,023$38,148$28,377
16 years$67,342$57,001$48,032$40,313$33,716$24,489
17 years$62,722$52,496$43,707$36,221$29,895$21,193
18 years$58,621$48,509$39,899$32,642$26,581$18,385
19 years$54,955$44,957$36,526$29,495$23,692$15,982
20 years$51,660$41,776$33,522$26,714$21,162$13,917
21 years$48,683$38,913$30,833$24,244$18,938$12,137
22 years$45,980$36,324$28,418$22,044$16,975$10,598
23 years$43,515$33,973$26,239$20,076$15,238$9,265
24 years$41,260$31,831$24,266$18,310$13,696$8,108
25 years$39,188$29,871$22,476$16,722$12,324$7,101
26 years$37,279$28,074$20,845$15,290$11,101$6,224
27 years$35,514$26,421$19,356$13,995$10,009$5,458
28 years$33,877$24,897$17,994$12,822$9,031$4,790
29 years$32,357$23,487$16,745$11,758$8,155$4,205
30 years$30,941$22,181$15,598$10,791$7,368$3,694
31 years$29,618$20,968$14,541$9,911$6,662$3,246
32 years$28,381$19,840$13,567$9,108$6,026$2,853
33 years$27,221$18,789$12,668$8,376$5,454$2,508
34 years$26,132$17,808$11,836$7,707$4,938$2,206
35 years$25,107$16,890$11,066$7,094$4,472$1,940
36 years$24,141$16,032$10,352$6,534$4,052$1,707
37 years$23,230$15,226$9,689$6,020$3,672$1,502
38 years$22,368$14,470$9,073$5,549$3,329$1,322
39 years$21,553$13,760$8,501$5,116$3,019$1,164
40 years$20,781$13,091$7,968$4,719$2,739$1,024
41 years$20,048$12,462$7,471$4,354$2,485$902
42 years$19,352$11,868$7,008$4,018$2,254$794
43 years$18,690$11,308$6,576$3,709$2,046$699
44 years$18,060$10,779$6,173$3,425$1,857$616
45 years$17,459$10,279$5,796$3,163$1,686$542
46 years$16,887$9,805$5,444$2,922$1,531$478
47 years$16,340$9,357$5,115$2,699$1,390$421
48 years$15,818$8,933$4,806$2,494$1,262$370
49 years$15,318$8,530$4,518$2,305$1,147$326
50 years$14,841$8,149$4,247$2,131$1,041$287

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $15,200,000, adding $3,416 every year, while hoping to spend $53,939 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: 59/17/24 Blend
44$15,200,000$15,200,000$15,200,000$15,200,000
45$16,753,924$15,948,324$15,712,724$17,634,245
46$18,405,433$16,672,401$16,181,709$18,958,138
47$20,223,589$17,430,150$16,664,598$20,395,310
48$22,225,332$18,223,164$17,161,799$21,961,690
49$24,429,329$19,053,112$17,673,732$23,669,817
50$26,856,149$19,921,744$18,200,831$25,533,484
51$29,528,459$20,830,892$18,743,542$27,567,865
52$32,471,234$21,782,477$19,302,322$29,789,656
53$35,711,994$22,778,513$19,877,644$32,217,225
54$39,281,065$23,821,108$20,469,993$34,870,788
55$43,211,864$24,912,473$21,079,869$37,772,590
56$47,541,216$26,054,925$21,707,785$40,947,112
57$52,309,696$27,250,893$22,354,272$44,421,303
58$57,562,018$28,502,920$23,019,873$48,224,822
59$63,347,454$29,813,673$23,705,149$52,390,320
60$69,720,299$31,185,948$24,410,677$56,953,740
61$76,740,383$32,622,673$25,137,048$61,954,653
62$84,473,638$34,126,919$25,884,875$67,436,624
63$92,992,715$35,701,904$26,654,784$73,447,620
64$102,377,675$37,351,001$27,447,422$80,040,457
65$112,716,741$39,077,743$28,263,455$87,273,292
66$124,107,134$40,885,838$29,103,565$95,210,165
67$136,655,985$42,779,167$29,968,458$103,921,600
68$150,481,351$44,761,802$30,858,857$113,485,260
69$165,713,328$46,838,010$31,775,508$123,986,677
70$182,495,278$49,012,262$32,719,178$135,520,049
71$200,985,180$51,289,248$33,690,655$148,189,125
72$221,357,128$53,673,880$34,690,751$162,108,174
73$243,802,965$56,171,310$35,720,301$177,403,055
74$268,534,101$58,786,938$36,780,165$194,212,398
75$295,783,504$61,526,423$37,871,225$212,688,904
76$325,807,903$64,395,699$38,994,393$233,000,776
77$358,890,207$67,400,986$40,150,603$255,333,299
78$395,342,178$70,548,804$41,340,817$279,890,574
79$435,507,372$73,845,987$42,566,027$306,897,441
80$479,764,385$77,299,702$43,827,250$336,601,586
81$528,530,425$80,917,460$45,125,535$369,275,868
82$582,265,248$84,707,135$46,461,960$405,220,884
83$641,475,501$88,676,982$47,837,634$444,767,795
84$706,719,505$92,835,657$49,253,698$488,281,434
85$778,612,523$97,192,233$50,711,325$536,163,744
86$857,832,569$101,756,221$52,211,723$588,857,552
87$945,126,808$106,537,593$53,756,133$646,850,737
88$1,041,318,613$111,546,806$55,345,834$710,680,821
89$1,147,315,332$116,794,819$56,982,139$780,940,023
90$1,264,116,855$122,293,125$58,666,401$858,280,840
91$1,392,825,058$128,053,772$60,400,009$943,422,181
92$1,534,654,199$134,089,391$62,184,393$1,037,156,141
93$1,690,942,382$140,413,227$64,021,026$1,140,355,457
94$1,863,164,195$147,039,164$65,911,420$1,253,981,726
95$2,052,944,621$153,981,762$67,857,131$1,379,094,465
96$2,262,074,388$161,256,284$69,859,760$1,516,861,087
97$2,492,526,868$168,878,734$71,920,954$1,668,567,903
98$2,746,476,708$176,865,892$74,042,407$1,835,632,238
99$3,026,320,364$185,235,352$76,225,859$2,019,615,789
100$3,334,698,718$194,005,561$78,473,102$2,222,239,341