Can I retire at age 45 with 16,500,000?

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 $16,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$1,362,555$1,350,418$1,338,576$1,327,019$1,315,733$1,279,258
2 years$674,532$661,969$649,794$637,990$626,540$590,064
3 years$445,221$432,604$420,460$408,766$397,502$362,168
4 years$330,588$318,010$305,987$294,493$283,502$249,580
5 years$261,826$249,324$237,459$226,199$215,514$183,098
6 years$216,000$203,592$191,902$180,893$170,529$139,649
7 years$183,280$170,976$159,471$148,722$138,686$109,343
8 years$158,751$146,558$135,244$124,759$115,053$87,232
9 years$139,683$127,605$116,486$106,267$96,891$70,565
10 years$124,437$112,478$101,555$91,603$82,556$57,691
11 years$111,972$100,132$89,407$79,722$71,001$47,557
12 years$101,592$89,873$79,347$69,927$61,528$39,460
13 years$92,815$81,219$70,891$61,735$53,654$32,915
14 years$85,299$73,826$63,696$54,802$47,032$27,574
15 years$78,790$67,441$57,509$48,873$41,411$23,180
16 years$73,101$61,876$52,140$43,761$36,599$19,542
17 years$68,087$56,986$47,446$39,319$32,451$16,516
18 years$63,634$52,657$43,312$35,434$28,854$13,985
19 years$59,655$48,802$39,650$32,018$25,718$11,863
20 years$56,078$45,349$36,389$28,998$22,972$10,077
21 years$52,846$42,241$33,470$26,318$20,558$8,569
22 years$49,912$39,431$30,848$23,929$18,427$7,295
23 years$47,237$36,879$28,483$21,793$16,541$6,215
24 years$44,789$34,553$26,342$19,876$14,867$5,299
25 years$42,540$32,426$24,398$18,152$13,378$4,521
26 years$40,467$30,475$22,628$16,597$12,051$3,859
27 years$38,551$28,681$21,012$15,192$10,865$3,295
28 years$36,775$27,026$19,533$13,919$9,804$2,815
29 years$35,124$25,496$18,177$12,764$8,852$2,406
30 years$33,587$24,078$16,932$11,714$7,999$2,056
31 years$32,151$22,762$15,785$10,759$7,232$1,758
32 years$30,808$21,537$14,727$9,887$6,541$1,504
33 years$29,549$20,396$13,751$9,092$5,920$1,286
34 years$28,367$19,331$12,848$8,366$5,360$1,100
35 years$27,254$18,335$12,012$7,701$4,855$941
36 years$26,206$17,403$11,237$7,092$4,399$805
37 years$25,216$16,529$10,518$6,535$3,987$689
38 years$24,281$15,708$9,849$6,023$3,614$590
39 years$23,397$14,937$9,228$5,554$3,277$505
40 years$22,558$14,211$8,649$5,123$2,973$432
41 years$21,763$13,528$8,110$4,726$2,697$370
42 years$21,007$12,883$7,608$4,362$2,447$316
43 years$20,288$12,275$7,139$4,026$2,221$271
44 years$19,604$11,701$6,701$3,718$2,016$232
45 years$18,953$11,158$6,292$3,433$1,830$198
46 years$18,331$10,644$5,910$3,171$1,662$170
47 years$17,738$10,158$5,552$2,930$1,509$145
48 years$17,171$9,697$5,217$2,707$1,370$125
49 years$16,629$9,260$4,904$2,502$1,245$107
50 years$16,110$8,846$4,610$2,313$1,130$91

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $16,500,000, adding $6,543 every year, while hoping to spend $43,576 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: 50/30/20 Blend
44$16,500,000$16,500,000$16,500,000$16,500,000
45$18,189,749$17,315,249$17,059,499$18,997,370
46$19,998,739$18,117,332$17,584,628$20,358,929
47$21,990,785$18,957,256$18,125,888$21,832,855
48$24,184,514$19,836,830$18,683,774$23,433,825
49$26,600,449$20,757,949$19,258,795$25,173,851
50$29,261,206$21,722,601$19,851,476$27,066,127
51$32,191,708$22,732,866$20,462,359$29,125,153
52$35,419,415$23,790,929$21,092,000$31,366,863
53$38,974,589$24,899,079$21,740,976$33,808,769
54$42,890,576$26,059,713$22,409,878$36,470,123
55$47,204,122$27,275,346$23,099,316$39,372,089
56$51,955,719$28,548,614$23,809,920$42,537,938
57$57,189,987$29,882,281$24,542,337$45,993,259
58$62,956,097$31,279,244$25,297,236$49,766,196
59$69,308,230$32,742,539$26,075,305$53,887,701
60$76,306,096$34,275,349$26,877,254$58,391,821
61$84,015,489$35,881,013$27,703,813$63,316,012
62$92,508,915$37,563,028$28,555,737$68,701,481
63$101,866,271$39,325,063$29,433,801$74,593,567
64$112,175,603$41,170,964$30,338,806$81,042,157
65$123,533,935$43,104,762$31,271,576$88,102,153
66$136,048,184$45,130,682$32,232,962$95,833,970
67$149,836,170$47,253,158$33,223,837$104,304,104
68$165,027,730$49,476,833$34,245,107$113,585,743
69$181,765,940$51,806,579$35,297,699$123,759,448
70$200,208,466$54,247,502$36,382,572$134,913,897
71$220,529,056$56,804,955$37,500,714$147,146,716
72$242,919,174$59,484,553$38,653,143$160,565,377
73$267,589,814$62,292,180$39,840,907$175,288,207
74$294,773,484$65,234,006$41,065,087$191,445,485
75$324,726,409$68,316,502$42,326,797$209,180,655
76$357,730,942$71,546,450$43,627,184$228,651,667
77$394,098,234$74,930,962$44,967,431$250,032,448
78$434,171,170$78,477,495$46,348,756$273,514,526
79$478,327,605$82,193,868$47,772,415$299,308,820
80$526,983,933$86,088,279$49,239,703$327,647,611
81$580,599,013$90,169,325$50,751,952$358,786,710
82$639,678,508$94,446,017$52,310,538$393,007,860
83$704,779,650$98,927,806$53,916,875$430,621,361
84$776,516,508$103,624,602$55,572,424$471,968,987
85$855,565,779$108,546,795$57,278,688$517,427,177
86$942,673,181$113,705,280$59,037,216$567,410,573
87$1,038,660,488$119,111,481$60,849,605$622,375,897
88$1,144,433,291$124,777,377$62,717,500$682,826,240
89$1,260,989,547$130,715,529$64,642,597$749,315,781
90$1,389,429,000$136,939,109$66,626,643$822,454,983
91$1,530,963,560$143,461,927$68,671,437$902,916,329
92$1,686,928,748$150,298,467$70,778,836$991,440,633
93$1,858,796,303$157,463,915$72,950,750$1,088,843,997
94$2,048,188,075$164,974,195$75,189,148$1,196,025,480
95$2,256,891,335$172,846,008$77,496,062$1,313,975,544
96$2,486,875,653$181,096,863$79,873,581$1,443,785,363
97$2,740,311,485$189,745,125$82,323,862$1,586,657,086
98$3,019,590,669$198,810,049$84,849,124$1,743,915,134
99$3,327,349,004$208,311,828$87,451,656$1,917,018,660
100$3,666,491,131$218,271,636$90,133,815$2,107,575,274