Can I retire at age 45 with 17,100,000?

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 $17,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$1,412,102$1,399,524$1,387,252$1,375,274$1,363,578$1,311,030
2 years$699,060$686,041$673,423$661,189$649,323$597,008
3 years$461,411$448,335$435,749$423,630$411,957$361,522
4 years$342,609$329,574$317,114$305,202$293,811$245,640
5 years$271,347$258,390$246,093$234,424$223,351$177,567
6 years$223,855$210,995$198,880$187,471$176,730$133,365
7 years$189,945$177,193$165,270$154,130$143,729$102,768
8 years$164,524$151,887$140,162$129,296$119,237$80,641
9 years$144,762$132,245$120,722$110,132$100,415$64,128
10 years$128,962$116,568$105,248$94,934$85,558$51,512
11 years$116,044$103,773$92,659$82,621$73,583$41,700
12 years$105,286$93,141$82,232$72,470$63,765$33,963
13 years$96,190$84,173$73,469$63,980$55,605$27,795
14 years$88,400$76,511$66,012$56,794$48,743$22,835
15 years$81,655$69,894$59,600$50,651$42,917$18,819
16 years$75,759$64,126$54,036$45,352$37,930$15,548
17 years$70,563$59,058$49,171$40,749$33,631$12,873
18 years$65,948$54,572$44,887$36,723$29,904$10,675
19 years$61,824$50,577$41,092$33,182$26,654$8,866
20 years$58,117$46,998$37,712$30,053$23,808$7,371
21 years$54,768$43,777$34,688$27,275$21,305$6,134
22 years$51,727$40,864$31,970$24,799$19,097$5,109
23 years$48,955$38,220$29,519$22,585$17,143$4,258
24 years$46,417$35,809$27,300$20,599$15,408$3,550
25 years$44,086$33,605$25,285$18,812$13,865$2,962
26 years$41,938$31,584$23,451$17,201$12,489$2,472
27 years$39,953$29,724$21,776$15,744$11,260$2,063
28 years$38,112$28,009$20,244$14,425$10,160$1,723
29 years$36,402$26,423$18,838$13,228$9,174$1,439
30 years$34,808$24,954$17,547$12,140$8,290$1,202
31 years$33,320$23,589$16,359$11,150$7,495$1,004
32 years$31,928$22,320$15,263$10,247$6,779$839
33 years$30,624$21,138$14,251$9,423$6,135$701
34 years$29,398$20,034$13,315$8,670$5,555$586
35 years$28,245$19,002$12,449$7,981$5,031$490
36 years$27,159$18,035$11,646$7,350$4,559$409
37 years$26,133$17,130$10,900$6,772$4,132$342
38 years$25,164$16,279$10,208$6,242$3,746$286
39 years$24,247$15,480$9,563$5,756$3,397$239
40 years$23,378$14,728$8,964$5,309$3,081$200
41 years$22,554$14,020$8,405$4,898$2,795$167
42 years$21,771$13,352$7,884$4,520$2,536$140
43 years$21,026$12,722$7,398$4,173$2,302$117
44 years$20,317$12,126$6,945$3,853$2,089$98
45 years$19,642$11,564$6,521$3,558$1,897$82
46 years$18,998$11,031$6,125$3,287$1,722$68
47 years$18,383$10,527$5,754$3,037$1,564$57
48 years$17,795$10,049$5,407$2,806$1,420$48
49 years$17,233$9,597$5,082$2,593$1,290$40
50 years$16,696$9,167$4,778$2,397$1,172$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $17,100,000, adding $6,198 every year, while hoping to spend $47,637 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: 53/31/16 Blend
44$17,100,000$17,100,000$17,100,000$17,100,000
45$18,850,593$17,944,293$17,679,243$19,768,145
46$20,722,668$18,772,878$18,220,812$21,224,809
47$22,784,099$19,640,467$18,778,928$22,803,348
48$25,054,148$20,548,921$19,354,093$24,519,846
49$27,554,043$21,500,191$19,946,827$26,387,419
50$30,307,176$22,496,320$20,557,666$28,420,484
51$33,339,320$23,539,453$21,187,161$30,634,883
52$36,678,879$24,631,834$21,835,879$33,048,028
53$40,357,150$25,775,819$22,504,406$35,679,063
54$44,408,621$26,973,875$23,193,345$38,549,032
55$48,871,295$28,228,591$23,903,317$41,681,076
56$53,787,052$29,542,676$24,634,963$45,100,642
57$59,202,038$30,918,975$25,388,941$48,835,718
58$65,167,108$32,360,466$26,165,933$52,917,086
59$71,738,298$33,870,274$26,966,637$57,378,607
60$78,977,360$35,451,673$27,791,775$62,257,532
61$86,952,342$37,108,096$28,642,090$67,594,845
62$95,738,230$38,843,142$29,518,349$73,435,637
63$105,417,656$40,660,582$30,421,340$79,829,531
64$116,081,678$42,564,372$31,351,876$86,831,128
65$127,830,640$44,558,657$32,310,795$94,500,524
66$140,775,119$46,647,785$33,298,960$102,903,857
67$155,036,965$48,836,310$34,317,259$112,113,925
68$170,750,457$51,129,011$35,366,610$122,210,860
69$188,063,567$53,530,896$36,447,954$133,282,870
70$207,139,356$56,047,215$37,562,265$145,427,063
71$228,157,514$58,683,473$38,710,545$158,750,343
72$251,316,058$61,445,440$39,893,826$173,370,412
73$276,833,197$64,339,168$41,113,170$189,416,862
74$304,949,396$67,371,000$42,369,674$207,032,381
75$335,929,642$70,547,587$43,664,466$226,374,088
76$370,065,949$73,875,902$44,998,709$247,614,998
77$407,680,110$77,363,256$46,373,601$270,945,632
78$449,126,741$81,017,314$47,790,375$296,575,803
79$494,796,620$84,846,115$49,250,305$324,736,576
80$545,120,384$88,858,083$50,754,699$355,682,424
81$600,572,589$93,062,055$52,304,907$389,693,612
82$661,676,192$97,467,294$53,902,320$427,078,823
83$729,007,486$102,083,514$55,548,370$468,178,042
84$803,201,541$106,920,898$57,244,533$513,365,744
85$884,958,203$111,990,126$58,992,329$563,054,404
86$975,048,692$117,302,395$60,793,324$617,698,364
87$1,074,322,890$122,869,444$62,649,132$677,798,090
88$1,183,717,363$128,703,585$64,561,416$743,904,870
89$1,304,264,198$134,817,725$66,531,888$816,625,987
90$1,437,100,752$141,225,399$68,562,312$896,630,419
91$1,583,480,386$147,940,800$70,654,506$984,655,120
92$1,744,784,295$154,978,809$72,810,342$1,081,511,942
93$1,922,534,554$162,355,032$75,031,749$1,188,095,260
94$2,118,408,480$170,085,830$77,320,714$1,305,390,379
95$2,334,254,472$178,188,363$79,679,285$1,434,482,792
96$2,572,109,458$186,680,622$82,109,571$1,576,568,390
97$2,834,218,124$195,581,474$84,613,743$1,732,964,697
98$3,123,054,110$204,910,704$87,194,041$1,905,123,272
99$3,441,343,357$214,689,056$89,852,769$2,094,643,357
100$3,792,089,846$224,938,286$92,592,303$2,303,286,924