Can I retire at age 45 with 16,600,000?

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 $16,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$1,370,812$1,358,602$1,346,689$1,335,061$1,323,707$1,290,137
2 years$678,620$665,981$653,733$641,856$630,337$596,733
3 years$447,919$435,226$423,008$411,244$399,912$367,325
4 years$332,592$319,937$307,842$296,278$285,220$253,903
5 years$263,413$250,835$238,898$227,570$216,820$186,858
6 years$217,309$204,825$193,065$181,989$171,562$142,985
7 years$184,391$172,012$160,438$149,624$139,526$112,336
8 years$159,713$147,446$136,064$125,515$115,750$89,936
9 years$140,529$128,378$117,192$106,911$97,479$73,017
10 years$125,192$113,159$102,171$92,159$83,057$59,919
11 years$112,651$100,739$89,949$80,206$71,431$49,583
12 years$102,207$90,418$79,828$70,351$61,901$41,305
13 years$93,377$81,711$71,321$62,109$53,979$34,593
14 years$85,816$74,273$64,082$55,134$47,318$29,099
15 years$79,268$67,850$57,857$49,170$41,662$24,565
16 years$73,544$62,251$52,456$44,026$36,821$20,800
17 years$68,499$57,331$47,733$39,557$32,648$17,655
18 years$64,020$52,976$43,574$35,649$29,029$15,017
19 years$60,017$49,098$39,890$32,212$25,874$12,795
20 years$56,418$45,624$36,609$29,174$23,111$10,918
21 years$53,167$42,497$33,673$26,477$20,682$9,328
22 years$50,215$39,670$31,035$24,074$18,539$7,978
23 years$47,523$37,102$28,656$21,925$16,641$6,829
24 years$45,060$34,762$26,501$19,996$14,958$5,851
25 years$42,797$32,623$24,546$18,262$13,460$5,015
26 years$40,712$30,660$22,765$16,698$12,124$4,302
27 years$38,785$28,855$21,139$15,284$10,931$3,691
28 years$36,998$27,190$19,652$14,003$9,863$3,169
29 years$35,337$25,650$18,288$12,841$8,906$2,721
30 years$33,790$24,224$17,034$11,785$8,047$2,338
31 years$32,346$22,900$15,880$10,824$7,275$2,009
32 years$30,995$21,668$14,817$9,947$6,581$1,726
33 years$29,728$20,520$13,834$9,147$5,956$1,484
34 years$28,538$19,448$12,926$8,416$5,392$1,276
35 years$27,419$18,446$12,085$7,748$4,884$1,097
36 years$26,365$17,508$11,305$7,135$4,425$943
37 years$25,369$16,629$10,582$6,574$4,011$811
38 years$24,429$15,803$9,909$6,060$3,636$698
39 years$23,538$15,027$9,284$5,587$3,297$600
40 years$22,695$14,297$8,702$5,154$2,991$516
41 years$21,894$13,610$8,159$4,755$2,713$444
42 years$21,134$12,961$7,654$4,388$2,462$382
43 years$20,411$12,350$7,182$4,051$2,234$329
44 years$19,723$11,772$6,742$3,740$2,028$283
45 years$19,067$11,225$6,330$3,454$1,841$243
46 years$18,442$10,709$5,945$3,191$1,672$209
47 years$17,845$10,219$5,586$2,948$1,518$180
48 years$17,275$9,756$5,249$2,724$1,379$155
49 years$16,729$9,316$4,934$2,517$1,252$133
50 years$16,207$8,899$4,638$2,327$1,137$115

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $16,600,000, adding $4,077 every year, while hoping to spend $35,768 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: 83/10/7 Blend
44$16,600,000$16,600,000$16,600,000$16,600,000
45$18,297,405$17,417,605$17,160,305$19,804,087
46$20,125,684$18,233,011$17,697,119$21,604,597
47$22,139,248$19,087,173$18,250,717$23,576,085
48$24,356,959$19,981,952$18,821,623$25,739,815
49$26,799,601$20,919,300$19,410,380$28,115,040
50$29,490,077$21,901,263$20,017,544$30,722,965
51$32,453,624$22,929,984$20,643,692$33,586,940
52$35,718,054$24,007,713$21,289,415$36,732,680
53$39,314,011$25,136,806$21,955,326$40,188,508
54$43,275,266$26,319,736$22,642,055$43,985,617
55$47,639,033$27,559,093$23,350,254$48,158,365
56$52,446,319$28,857,593$24,080,593$52,744,592
57$57,742,314$30,218,086$24,833,763$57,785,981
58$63,576,814$31,643,556$25,610,478$63,328,443
59$70,004,694$33,137,135$26,411,474$69,422,552
60$77,086,424$34,702,106$27,237,509$76,124,016
61$84,888,639$36,341,909$28,089,366$83,494,204
62$93,484,772$38,060,154$28,967,851$91,600,715
63$102,955,741$39,860,623$29,873,796$100,518,023
64$113,390,717$41,747,285$30,808,059$110,328,165
65$124,887,967$43,724,298$31,771,525$121,121,522
66$137,555,774$45,796,024$32,765,106$132,997,663
67$151,513,469$47,967,035$33,789,744$146,066,279
68$166,892,550$50,242,127$34,846,407$160,448,222
69$183,837,925$52,626,326$35,936,096$176,276,633
70$202,509,282$55,124,904$37,059,844$193,698,199
71$223,082,594$57,743,390$38,218,714$212,874,534
72$245,751,780$60,487,578$39,413,803$233,983,696
73$270,730,539$63,363,546$40,646,242$257,221,864
74$298,254,361$66,377,667$41,917,199$282,805,186
75$328,582,757$69,536,623$43,227,875$310,971,814
76$362,001,702$72,847,422$44,579,513$341,984,144
77$398,826,340$76,317,410$45,973,391$376,131,289
78$439,403,955$79,954,292$47,410,828$413,731,799
79$484,117,253$83,766,147$48,893,186$455,136,666
80$533,387,972$87,761,446$50,421,866$500,732,628
81$587,680,862$91,949,075$51,998,316$550,945,810
82$647,508,078$96,338,348$53,624,028$606,245,744
83$713,434,009$100,939,033$55,300,540$667,149,792
84$786,080,608$105,761,376$57,029,438$734,228,018
85$866,133,264$110,816,118$58,812,359$808,108,566
86$954,347,274$116,114,524$60,650,989$889,483,580
87$1,051,554,967$121,668,407$62,547,068$979,115,724
88$1,158,673,569$127,490,155$64,502,391$1,077,845,377
89$1,276,713,859$133,592,758$66,518,807$1,186,598,554
90$1,406,789,709$139,989,840$68,598,223$1,306,395,639
91$1,550,128,604$146,695,687$70,742,608$1,438,361,002
92$1,708,083,226$153,725,279$72,953,990$1,583,733,608
93$1,882,144,227$161,094,330$75,234,460$1,743,878,696
94$2,073,954,299$168,819,313$77,586,176$1,920,300,656
95$2,285,323,688$176,917,509$80,011,363$2,114,657,220
96$2,518,247,274$185,407,037$82,512,313$2,328,775,093
97$2,774,923,414$194,306,900$85,091,394$2,564,667,190
98$3,057,774,690$203,637,027$87,751,044$2,824,551,617
99$3,369,470,783$213,418,315$90,493,778$3,110,872,598
100$3,712,953,674$223,672,684$93,322,191$3,426,323,534