Can I retire at age 45 with 15,500,000?

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 $15,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$1,279,976$1,268,574$1,257,451$1,246,593$1,235,992$1,200,275
2 years$633,651$621,850$610,413$599,324$588,568$552,867
3 years$418,238$406,386$394,978$383,993$373,411$338,846
4 years$310,552$298,737$287,443$276,645$266,320$233,155
5 years$245,958$234,213$223,067$212,490$202,452$170,778
6 years$202,909$191,253$180,271$169,930$160,194$130,039
7 years$172,172$160,614$149,806$139,709$130,280$101,645
8 years$149,130$137,676$127,048$117,198$108,080$80,948
9 years$131,217$119,871$109,426$99,827$91,019$65,363
10 years$116,896$105,661$95,400$86,052$77,553$53,338
11 years$105,186$94,064$83,989$74,891$66,698$43,883
12 years$95,434$84,426$74,538$65,689$57,799$36,341
13 years$87,190$76,297$66,595$57,994$50,402$30,252
14 years$80,129$69,352$59,836$51,480$44,182$25,290
15 years$74,015$63,354$54,024$45,911$38,901$21,215
16 years$68,671$58,126$48,980$41,109$34,381$17,848
17 years$63,960$53,532$44,570$36,936$30,485$15,050
18 years$59,778$49,466$40,687$33,287$27,106$12,716
19 years$56,040$45,845$37,247$30,077$24,160$10,762
20 years$52,680$42,601$34,183$27,241$21,580$9,121
21 years$49,644$39,681$31,442$24,723$19,312$7,738
22 years$46,887$37,041$28,979$22,479$17,310$6,572
23 years$44,374$34,644$26,757$20,472$15,539$5,586
24 years$42,074$32,459$24,745$18,671$13,966$4,752
25 years$39,961$30,461$22,919$17,052$12,568$4,044
26 years$38,014$28,628$21,256$15,591$11,320$3,444
27 years$36,214$26,943$19,738$14,271$10,206$2,934
28 years$34,546$25,388$18,349$13,075$9,209$2,500
29 years$32,996$23,951$17,076$11,990$8,316$2,131
30 years$31,551$22,619$15,905$11,004$7,514$1,817
31 years$30,203$21,382$14,828$10,106$6,793$1,550
32 years$28,941$20,232$13,835$9,288$6,145$1,322
33 years$27,758$19,160$12,918$8,541$5,561$1,128
34 years$26,647$18,159$12,070$7,859$5,035$962
35 years$25,602$17,224$11,284$7,234$4,560$821
36 years$24,618$16,348$10,556$6,663$4,132$701
37 years$23,688$15,527$9,880$6,139$3,745$598
38 years$22,810$14,756$9,252$5,658$3,395$511
39 years$21,979$14,031$8,669$5,217$3,079$436
40 years$21,191$13,350$8,125$4,812$2,793$372
41 years$20,444$12,708$7,619$4,440$2,534$318
42 years$19,734$12,102$7,147$4,097$2,299$271
43 years$19,059$11,531$6,706$3,782$2,086$232
44 years$18,416$10,992$6,295$3,492$1,894$198
45 years$17,804$10,482$5,911$3,225$1,719$169
46 years$17,220$9,999$5,551$2,979$1,561$144
47 years$16,663$9,542$5,216$2,752$1,417$123
48 years$16,130$9,109$4,901$2,543$1,287$105
49 years$15,621$8,699$4,607$2,351$1,169$90
50 years$15,133$8,309$4,331$2,173$1,062$77

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $15,500,000, adding $6,973 every year, while hoping to spend $45,531 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: 34/36/30 Blend
44$15,500,000$15,500,000$15,500,000$15,500,000
45$17,088,193$16,266,693$16,026,443$17,514,108
46$18,782,744$17,015,316$16,514,884$18,586,644
47$20,648,613$17,799,096$17,018,162$19,737,871
48$22,703,227$18,619,707$17,536,726$20,978,468
49$24,965,787$19,478,904$18,071,037$22,316,436
50$27,457,455$20,378,527$18,621,574$23,760,546
51$30,201,544$21,320,504$19,188,826$25,320,414
52$33,223,749$22,306,856$19,773,299$27,006,586
53$36,552,381$23,339,701$20,375,514$28,830,633
54$40,218,637$24,421,260$20,996,007$30,805,248
55$44,256,895$25,553,859$21,635,330$32,944,361
56$48,705,038$26,739,938$22,294,054$35,263,266
57$53,604,811$27,982,054$22,972,764$37,778,749
58$59,002,215$29,282,888$23,672,064$40,509,247
59$64,947,940$30,645,248$24,392,577$43,475,006
60$71,497,844$32,072,080$25,134,943$46,698,266
61$78,713,484$33,566,471$25,899,823$50,203,462
62$86,662,688$35,131,658$26,687,897$54,017,440
63$95,420,205$36,771,032$27,499,864$58,169,707
64$105,068,404$38,488,150$28,336,447$62,692,690
65$115,698,051$40,286,739$29,198,388$67,622,037
66$127,409,172$42,170,709$30,086,454$72,996,939
67$140,311,990$44,144,156$31,001,432$78,860,485
68$154,527,968$46,211,375$31,944,135$85,260,060
69$170,190,957$48,376,868$32,915,400$92,247,774
70$187,448,456$50,645,357$33,916,087$99,880,943
71$206,463,008$53,021,789$34,947,086$108,222,613
72$227,413,731$55,511,352$36,009,309$117,342,137
73$250,498,009$58,119,487$37,103,699$127,315,820
74$275,933,359$60,851,894$38,231,226$138,227,612
75$303,959,478$63,714,553$39,392,888$150,169,893
76$334,840,509$66,713,731$40,589,714$163,244,318
77$368,867,537$69,855,999$41,822,765$177,562,759
78$406,361,330$73,148,248$43,093,132$193,248,344
79$447,675,373$76,597,699$44,401,940$210,436,594
80$493,199,202$80,211,927$45,750,346$229,276,677
81$543,362,081$83,998,872$47,139,543$249,932,800
82$598,637,055$87,966,859$48,570,759$272,585,729
83$659,545,416$92,124,617$50,045,261$297,434,469
84$726,661,623$96,481,297$51,564,352$324,698,120
85$800,618,724$101,046,496$53,129,372$354,617,912
86$882,114,333$105,830,274$54,741,706$387,459,456
87$971,917,219$110,843,181$56,402,777$423,515,220
88$1,070,874,557$116,096,278$58,114,052$463,107,254
89$1,179,919,929$121,601,163$59,877,040$506,590,204
90$1,300,082,138$127,369,997$61,693,297$554,354,615
91$1,432,494,920$133,415,530$63,564,426$606,830,587
92$1,578,407,644$139,751,133$65,492,076$664,491,796
93$1,739,197,110$146,390,826$67,477,948$727,859,922
94$1,916,380,547$153,349,307$69,523,790$797,509,536
95$2,111,629,931$160,641,993$71,631,407$874,073,473
96$2,326,787,779$168,285,044$73,802,653$958,248,767
97$2,563,884,531$176,295,411$76,039,441$1,050,803,178
98$2,825,157,731$184,690,864$78,343,740$1,152,582,391
99$3,113,073,143$193,490,039$80,717,578$1,264,517,943
100$3,430,348,030$202,712,477$83,163,044$1,387,635,969