Can I retire at age 45 with 15,700,000?

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 $15,700,000?

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$1,296,491$1,284,943$1,273,676$1,262,678$1,251,940$1,237,836
2 years$641,827$629,874$618,289$607,057$596,162$581,963
3 years$423,635$411,630$400,074$388,947$378,230$364,377
4 years$314,560$302,591$291,151$280,215$269,757$256,357
5 years$249,132$237,235$225,945$215,232$205,065$192,157
6 years$205,527$193,720$182,598$172,122$162,261$149,861
7 years$174,394$162,686$151,739$141,511$131,961$120,074
8 years$151,054$139,452$128,687$118,710$109,475$98,100
9 years$132,910$121,418$110,838$101,115$92,194$81,326
10 years$118,404$107,024$96,631$87,162$78,553$68,187
11 years$106,543$95,277$85,073$75,857$67,559$57,683
12 years$96,666$85,516$75,500$66,537$58,545$49,151
13 years$88,315$77,281$67,454$58,742$51,052$42,128
14 years$81,163$70,247$60,608$52,145$44,752$36,285
15 years$74,970$64,171$54,721$46,504$39,403$31,380
16 years$69,557$58,876$49,612$41,639$34,825$27,231
17 years$64,785$54,223$45,145$37,412$30,878$23,700
18 years$60,549$50,104$41,212$33,716$27,455$20,678
19 years$56,763$46,436$37,727$30,465$24,472$18,080
20 years$53,359$43,151$34,624$27,592$21,858$15,837
21 years$50,284$40,193$31,848$25,042$19,561$13,895
22 years$47,492$37,519$29,353$22,769$17,533$12,207
23 years$44,947$35,091$27,102$20,736$15,739$10,738
24 years$42,617$32,878$25,065$18,912$14,147$9,455
25 years$40,477$30,854$23,215$17,272$12,730$8,333
26 years$38,505$28,998$21,531$15,792$11,467$7,350
27 years$36,682$27,290$19,993$14,455$10,338$6,488
28 years$34,992$25,716$18,586$13,244$9,328$5,730
29 years$33,421$24,260$17,296$12,145$8,423$5,063
30 years$31,958$22,911$16,111$11,146$7,611$4,477
31 years$30,592$21,658$15,019$10,237$6,881$3,959
32 years$29,314$20,493$14,013$9,408$6,224$3,503
33 years$28,116$19,407$13,084$8,651$5,633$3,101
34 years$26,991$18,394$12,225$7,960$5,100$2,745
35 years$25,933$17,446$11,430$7,328$4,619$2,431
36 years$24,935$16,559$10,692$6,749$4,185$2,153
37 years$23,994$15,727$10,008$6,218$3,793$1,908
38 years$23,104$14,946$9,372$5,731$3,439$1,690
39 years$22,262$14,213$8,780$5,284$3,119$1,498
40 years$21,464$13,522$8,230$4,874$2,829$1,328
41 years$20,707$12,872$7,717$4,497$2,566$1,177
42 years$19,988$12,259$7,239$4,150$2,329$1,044
43 years$19,305$11,680$6,793$3,831$2,113$925
44 years$18,654$11,133$6,376$3,537$1,918$820
45 years$18,034$10,617$5,987$3,267$1,741$728
46 years$17,442$10,128$5,623$3,018$1,581$645
47 years$16,878$9,665$5,283$2,788$1,436$572
48 years$16,338$9,227$4,964$2,576$1,304$508
49 years$15,822$8,811$4,666$2,381$1,184$450
50 years$15,329$8,417$4,387$2,201$1,076$399

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $15,700,000, adding $6,371 every year, while hoping to spend $54,583 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: 54/22/24 Blend
44$15,700,000$15,700,000$15,700,000$15,700,000
45$17,307,972$16,475,872$16,232,522$18,127,758
46$19,015,309$17,225,114$16,718,235$19,441,925
47$20,894,965$18,009,239$17,218,391$20,865,625
48$22,964,459$18,829,899$17,733,415$22,414,417
49$25,243,095$19,688,826$18,263,745$24,100,298
50$27,752,145$20,587,831$18,809,834$25,936,456
51$30,515,046$21,528,818$19,372,146$27,937,393
52$33,557,627$22,513,776$19,951,159$30,119,057
53$36,908,347$23,544,794$20,547,366$32,498,988
54$40,598,568$24,624,058$21,161,272$35,096,479
55$44,662,848$25,753,862$21,793,400$37,932,752
56$49,139,265$26,936,608$22,444,286$41,031,157
57$54,069,782$28,174,814$23,114,481$44,417,382
58$59,500,639$29,471,119$23,804,555$48,119,694
59$65,482,789$30,828,289$24,515,093$52,169,197
60$72,072,380$32,249,222$25,246,695$56,600,123
61$79,331,286$33,736,956$25,999,983$61,450,146
62$87,327,686$35,294,677$26,775,592$66,760,732
63$96,136,716$36,925,721$27,574,179$72,577,525
64$105,841,166$38,633,587$28,396,420$78,950,769
65$116,532,274$40,421,942$29,243,008$85,935,774
66$128,310,576$42,294,628$30,114,660$93,593,433
67$141,286,864$44,255,673$31,012,110$101,990,787
68$155,583,225$46,309,302$31,936,116$111,201,651
69$171,334,194$48,459,938$32,887,457$121,307,300
70$188,688,030$50,712,223$33,866,934$132,397,228
71$207,808,105$53,071,018$34,875,373$144,569,984
72$228,874,457$55,541,423$35,913,623$157,934,089
73$252,085,478$58,128,779$36,982,556$172,609,055
74$277,659,798$60,838,690$38,083,072$188,726,498
75$305,838,338$63,677,027$39,216,096$206,431,373
76$336,886,592$66,649,945$40,382,579$225,883,325
77$371,097,130$69,763,898$41,583,501$247,258,189
78$408,792,358$73,025,650$42,819,869$270,749,635
79$450,327,564$76,442,292$44,092,720$296,570,981
80$496,094,270$80,021,259$45,403,121$324,957,194
81$546,523,929$83,770,344$46,752,169$356,167,096
82$602,091,997$87,697,718$48,140,993$390,485,785
83$663,322,420$91,811,945$49,570,756$428,227,318
84$730,792,583$96,122,007$51,042,653$469,737,653
85$805,138,758$100,637,317$52,557,913$515,397,903
86$887,062,111$105,367,745$54,117,802$565,627,908
87$977,335,320$110,323,638$55,723,623$620,890,185
88$1,076,809,872$115,515,846$57,376,714$681,694,275
89$1,186,424,099$120,955,742$59,078,453$748,601,525
90$1,307,212,035$126,655,251$60,830,259$822,230,373
91$1,440,313,179$132,626,876$62,633,590$903,262,161
92$1,586,983,254$138,883,723$64,489,946$992,447,541
93$1,748,606,058$145,439,538$66,400,871$1,090,613,539
94$1,926,706,529$152,308,728$68,367,953$1,198,671,335
95$2,122,965,142$159,506,402$70,392,826$1,317,624,838
96$2,339,233,771$167,048,401$72,477,171$1,448,580,135
97$2,577,553,175$174,951,332$74,622,716$1,592,755,903
98$2,840,172,262$183,232,610$76,831,240$1,751,494,882
99$3,129,569,318$191,910,494$79,104,572$1,926,276,520
100$3,448,475,408$201,004,127$81,444,594$2,118,730,903