Can I retire at age 45 with 16,100,000?

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 $16,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$1,329,523$1,317,680$1,306,126$1,294,849$1,283,837$1,233,873
2 years$658,180$645,922$634,042$622,523$611,351$561,617
3 years$434,428$422,117$410,267$398,857$387,866$339,928
4 years$322,574$310,301$298,569$287,354$276,629$230,851
5 years$255,479$243,280$231,702$220,715$210,289$166,789
6 years$210,764$198,656$187,250$176,508$166,395$125,200
7 years$178,837$166,831$155,605$145,117$135,323$96,421
8 years$154,902$143,005$131,966$121,735$112,264$75,616
9 years$136,297$124,512$113,662$103,691$94,542$60,095
10 years$121,421$109,751$99,093$89,383$80,555$48,241
11 years$109,257$97,705$87,240$77,790$69,280$39,027
12 years$99,129$87,694$77,423$68,232$60,036$31,765
13 years$90,565$79,250$69,173$60,239$52,353$25,978
14 years$83,231$72,036$62,152$53,473$45,892$21,328
15 years$76,880$65,806$56,115$47,689$40,407$17,564
16 years$71,329$60,376$50,876$42,700$35,712$14,501
17 years$66,436$55,604$46,295$38,366$31,665$11,997
18 years$62,092$51,381$42,262$34,575$28,155$9,941
19 years$58,209$47,619$38,689$31,242$25,095$8,250
20 years$54,719$44,250$35,506$28,295$22,415$6,854
21 years$51,565$41,217$32,659$25,680$20,059$5,699
22 years$48,702$38,475$30,100$23,349$17,980$4,743
23 years$46,092$35,985$27,792$21,264$16,140$3,950
24 years$43,703$33,715$25,703$19,394$14,507$3,291
25 years$41,508$31,640$23,806$17,712$13,054$2,743
26 years$39,486$29,737$22,079$16,195$11,759$2,287
27 years$37,616$27,986$20,502$14,824$10,601$1,908
28 years$35,883$26,371$19,060$13,582$9,566$1,592
29 years$34,273$24,878$17,737$12,455$8,638$1,329
30 years$32,773$23,494$16,521$11,430$7,805$1,109
31 years$31,372$22,210$15,402$10,498$7,056$926
32 years$30,061$21,015$14,370$9,648$6,383$773
33 years$28,833$19,902$13,418$8,872$5,777$645
34 years$27,679$18,862$12,537$8,163$5,230$539
35 years$26,593$17,891$11,721$7,514$4,737$450
36 years$25,571$16,981$10,965$6,921$4,292$376
37 years$24,605$16,128$10,263$6,376$3,890$314
38 years$23,693$15,327$9,611$5,877$3,527$262
39 years$22,829$14,575$9,004$5,419$3,198$219
40 years$22,011$13,867$8,440$4,998$2,901$183
41 years$21,235$13,200$7,914$4,612$2,632$153
42 years$20,498$12,571$7,423$4,256$2,388$128
43 years$19,797$11,978$6,966$3,929$2,167$107
44 years$19,129$11,417$6,539$3,628$1,967$89
45 years$18,493$10,887$6,139$3,350$1,786$74
46 years$17,887$10,386$5,766$3,095$1,621$62
47 years$17,308$9,911$5,417$2,859$1,472$52
48 years$16,754$9,462$5,091$2,642$1,337$43
49 years$16,225$9,035$4,785$2,442$1,214$36
50 years$15,719$8,631$4,499$2,257$1,103$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $16,100,000, adding $2,688 every year, while hoping to spend $28,980 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: 54/21/25 Blend
44$16,100,000$16,100,000$16,100,000$16,100,000
45$17,744,973$16,891,673$16,642,123$18,580,449
46$19,524,125$17,688,530$17,168,799$19,953,285
47$21,483,780$18,523,462$17,712,148$21,443,823
48$23,642,318$19,398,304$18,272,698$23,065,951
49$26,019,994$20,314,980$18,850,992$24,832,285
50$28,639,126$21,275,507$19,447,593$26,756,699
51$31,524,310$22,282,000$20,063,081$28,854,442
52$34,702,649$23,336,677$20,698,053$31,142,287
53$38,204,008$24,441,864$21,353,127$33,638,679
54$42,061,299$25,599,997$22,028,939$36,363,903
55$46,310,790$26,813,635$22,726,146$39,340,274
56$50,992,444$28,085,457$23,445,426$42,592,341
57$56,150,302$29,418,273$24,187,476$46,147,111
58$61,832,896$30,815,031$24,953,020$50,034,299
59$68,093,705$32,278,822$25,742,800$54,286,602
60$74,991,663$33,812,884$26,557,584$58,940,005
61$82,591,713$35,420,616$27,398,163$64,034,105
62$90,965,422$37,105,580$28,265,356$69,612,488
63$100,191,654$38,871,512$29,160,004$75,723,123
64$110,357,316$40,722,330$30,082,977$82,418,816
65$121,558,177$42,662,139$31,035,173$89,757,695
66$133,899,776$44,695,249$32,017,516$97,803,749
67$147,498,412$46,826,175$33,030,961$106,627,429
68$162,482,246$49,059,653$34,076,494$116,306,299
69$178,992,509$51,400,650$35,155,131$126,925,759
70$197,184,837$53,854,374$36,267,920$138,579,843
71$217,230,738$56,426,286$37,415,942$151,372,096
72$239,319,212$59,122,112$38,600,315$165,416,536
73$263,658,534$61,947,859$39,822,188$180,838,726
74$290,478,223$64,909,823$41,082,751$197,776,941
75$320,031,207$68,014,608$42,383,227$216,383,464
76$352,596,206$71,269,141$43,724,882$236,826,011
77$388,480,373$74,680,683$45,109,019$259,289,298
78$428,022,185$78,256,850$46,536,985$283,976,771
79$471,594,641$82,005,629$48,010,167$311,112,514
80$519,608,785$85,935,395$49,529,998$340,943,344
81$572,517,583$90,054,932$51,097,956$373,741,131
82$630,820,203$94,373,450$52,715,563$409,805,342
83$695,066,724$98,900,608$54,384,395$449,465,853
84$765,863,329$103,646,538$56,106,072$493,086,042
85$843,878,033$108,621,862$57,882,269$541,066,203
86$929,846,980$113,837,722$59,714,713$593,847,304
87$1,024,581,402$119,305,800$61,605,186$651,915,125
88$1,128,975,270$125,038,350$63,555,525$715,804,826
89$1,244,013,740$131,048,221$65,567,628$786,105,974
90$1,370,782,449$137,348,891$67,643,450$863,468,084
91$1,510,477,763$143,954,491$69,785,010$948,606,725
92$1,664,418,079$150,879,845$71,994,391$1,042,310,252
93$1,834,056,261$158,140,495$74,273,742$1,145,447,216
94$2,020,993,365$165,752,745$76,625,278$1,258,974,536
95$2,226,993,750$173,733,691$79,051,286$1,383,946,505
96$2,454,001,734$182,101,264$81,554,126$1,521,524,708
97$2,704,159,954$190,874,269$84,136,232$1,672,988,956
98$2,979,829,588$200,072,427$86,800,115$1,839,749,333
99$3,283,612,653$209,716,422$89,548,365$2,023,359,473
100$3,618,376,564$219,827,948$92,383,656$2,225,531,188