Can I retire at age 45 with 16,300,000?

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 $16,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$1,346,039$1,334,049$1,322,351$1,310,934$1,299,785$1,257,172
2 years$666,356$653,946$641,918$630,257$618,945$576,420
3 years$439,824$427,361$415,363$403,811$392,684$351,582
4 years$326,581$314,155$302,278$290,923$280,066$240,700
5 years$258,653$246,302$234,580$223,457$212,901$175,379
6 years$213,382$201,124$189,576$178,700$168,462$132,812
7 years$181,058$168,903$157,538$146,919$137,004$103,224
8 years$156,827$144,781$133,605$123,247$113,658$81,722
9 years$137,990$126,058$115,074$104,979$95,717$65,587
10 years$122,929$111,114$100,324$90,493$81,556$53,186
11 years$110,615$98,918$88,324$78,756$70,140$43,477
12 years$100,360$88,784$78,385$69,080$60,782$35,766
13 years$91,690$80,235$70,032$60,987$53,003$29,573
14 years$84,265$72,931$62,924$54,137$46,462$24,551
15 years$77,835$66,624$56,812$48,281$40,909$20,450
16 years$72,215$61,126$51,508$43,230$36,156$17,081
17 years$67,261$56,295$46,870$38,842$32,058$14,299
18 years$62,863$52,019$42,787$35,005$28,505$11,992
19 years$58,932$48,211$39,169$31,630$25,407$10,072
20 years$55,399$44,800$35,948$28,647$22,694$8,471
21 years$52,206$41,729$33,065$25,999$20,308$7,132
22 years$49,307$38,953$30,474$23,639$18,204$6,010
23 years$46,665$36,432$28,138$21,528$16,341$5,069
24 years$44,246$34,134$26,023$19,635$14,687$4,277
25 years$42,024$32,033$24,102$17,932$13,216$3,611
26 years$39,976$30,106$22,353$16,396$11,905$3,050
27 years$38,084$28,333$20,757$15,008$10,733$2,578
28 years$36,329$26,698$19,296$13,750$9,685$2,179
29 years$34,699$25,187$17,957$12,609$8,745$1,842
30 years$33,180$23,786$16,726$11,572$7,902$1,558
31 years$31,762$22,486$15,593$10,628$7,144$1,318
32 years$30,435$21,276$14,549$9,768$6,462$1,115
33 years$29,191$20,149$13,584$8,982$5,848$943
34 years$28,023$19,097$12,692$8,264$5,295$798
35 years$26,924$18,113$11,867$7,608$4,796$675
36 years$25,888$17,192$11,101$7,007$4,345$572
37 years$24,911$16,328$10,390$6,456$3,938$484
38 years$23,987$15,518$9,730$5,950$3,570$410
39 years$23,113$14,756$9,116$5,486$3,238$347
40 years$22,285$14,039$8,544$5,060$2,937$294
41 years$21,499$13,364$8,012$4,669$2,664$248
42 years$20,752$12,727$7,515$4,309$2,418$210
43 years$20,042$12,126$7,052$3,978$2,194$178
44 years$19,367$11,559$6,620$3,673$1,992$151
45 years$18,723$11,023$6,216$3,392$1,808$128
46 years$18,109$10,515$5,838$3,133$1,642$108
47 years$17,523$10,035$5,485$2,895$1,491$92
48 years$16,963$9,579$5,154$2,675$1,354$77
49 years$16,427$9,148$4,845$2,472$1,229$66
50 years$15,914$8,738$4,555$2,285$1,117$56

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $16,300,000, adding $2,644 every year, while hoping to spend $28,823 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: 33/48/19 Blend
44$16,300,000$16,300,000$16,300,000$16,300,000
45$17,965,327$17,101,427$16,848,777$18,452,518
46$19,767,123$17,908,730$17,382,544$19,621,188
47$21,751,736$18,754,624$17,933,226$20,877,033
48$23,937,783$19,640,971$18,501,359$22,229,929
49$26,345,780$20,569,721$19,087,497$23,688,427
50$28,998,331$21,542,919$19,692,210$25,261,890
51$31,920,349$22,562,710$20,316,087$26,960,574
52$35,139,285$23,631,343$20,959,736$28,795,712
53$38,685,389$24,751,176$21,623,784$30,779,616
54$42,591,995$25,924,680$22,308,877$32,925,780
55$46,895,837$27,154,448$23,015,683$35,248,999
56$51,637,394$28,443,197$23,744,890$37,765,496
57$56,861,272$29,793,778$24,497,208$40,493,069
58$62,616,627$31,209,178$25,273,370$43,451,241
59$68,957,627$32,692,532$26,074,131$46,661,437
60$75,943,963$34,247,124$26,900,273$50,147,174
61$83,641,414$35,876,399$27,752,598$53,934,263
62$92,122,466$37,583,971$28,631,939$58,051,049
63$101,467,000$39,373,628$29,539,151$62,528,655
64$111,763,039$41,249,341$30,475,117$67,401,267
65$123,107,586$43,215,275$31,440,750$72,706,436
66$135,607,535$45,275,799$32,436,991$78,485,420
67$149,380,682$47,435,492$33,464,809$84,783,553
68$164,556,838$49,699,158$34,525,207$91,650,657
69$181,279,051$52,071,831$35,619,216$99,141,492
70$199,704,958$54,558,795$36,747,903$107,316,253
71$220,008,273$57,165,586$37,912,368$116,241,118
72$242,380,430$59,898,012$39,113,745$125,988,849
73$267,032,382$62,762,163$40,353,204$136,639,460
74$294,196,602$65,764,426$41,631,954$148,280,943
75$324,129,271$68,911,498$42,951,239$161,010,079
76$357,112,697$72,210,402$44,312,346$174,933,320
77$393,457,983$75,668,502$45,716,600$190,167,771
78$433,507,961$79,293,523$47,165,371$206,842,265
79$477,640,431$83,093,564$48,660,069$225,098,548
80$526,271,725$87,077,118$50,202,151$245,092,585
81$579,860,638$91,253,094$51,793,120$266,996,004
82$638,912,760$95,630,832$53,434,526$290,997,673
83$703,985,247$100,220,129$55,127,969$317,305,457
84$775,692,085$105,031,259$56,875,099$346,148,134
85$854,709,882$110,074,994$58,677,618$377,777,519
86$941,784,255$115,362,634$60,537,284$412,470,797
87$1,037,736,875$120,906,029$62,455,908$450,533,100
88$1,143,473,216$126,717,604$64,435,361$492,300,337
89$1,259,991,110$132,810,393$66,477,572$538,142,320
90$1,388,390,164$139,198,063$68,584,532$588,466,205
91$1,529,882,140$145,894,947$70,758,293$643,720,283
92$1,685,802,398$152,916,079$73,000,975$704,398,156
93$1,857,622,498$160,277,223$75,314,763$771,043,340
94$2,046,964,099$167,994,912$77,701,914$844,254,334
95$2,255,614,262$176,086,488$80,164,753$924,690,210
96$2,485,542,326$184,570,136$82,705,682$1,013,076,766
97$2,738,918,498$193,464,927$85,327,177$1,110,213,310
98$3,018,134,342$202,790,866$88,031,795$1,216,980,131
99$3,325,825,356$212,568,929$90,822,171$1,334,346,736
100$3,664,895,855$222,821,119$93,701,026$1,463,380,920