Can I retire at age 45 with 17,300,000?

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 $17,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,362,288
2 years$707,237$694,065$681,300$668,923$656,917$639,572
3 years$466,808$453,579$440,846$428,585$416,775$399,861
4 years$346,617$333,429$320,823$308,772$297,248$280,896
5 years$274,521$261,412$248,972$237,166$225,963$210,221
6 years$226,473$213,463$201,206$189,664$178,797$163,683
7 years$192,166$179,266$167,203$155,933$145,410$130,931
8 years$166,448$153,664$141,802$130,808$120,631$106,785
9 years$146,455$133,792$122,134$111,420$101,589$88,370
10 years$130,471$117,931$106,479$96,045$86,559$73,958
11 years$117,401$104,987$93,742$83,588$74,444$62,449
12 years$106,517$94,231$83,194$73,318$64,511$53,110
13 years$97,315$85,157$74,328$64,729$56,255$45,433
14 years$89,434$77,405$66,784$57,459$49,313$39,053
15 years$82,611$70,711$60,297$51,243$43,419$33,705
16 years$76,646$64,876$54,668$45,883$38,374$29,189
17 years$71,388$59,749$49,746$41,225$34,025$25,350
18 years$66,719$55,210$45,412$37,152$30,253$22,070
19 years$62,547$51,168$41,572$33,570$26,965$19,255
20 years$58,797$47,548$38,153$30,404$24,086$16,829
21 years$55,409$44,289$35,093$27,594$21,554$14,732
22 years$52,332$41,342$32,344$25,089$19,320$12,914
23 years$49,527$38,667$29,864$22,849$17,343$11,333
24 years$46,960$36,228$27,619$20,840$15,588$9,956
25 years$44,602$33,998$25,581$19,032$14,027$8,754
26 years$42,429$31,953$23,725$17,402$12,635$7,703
27 years$40,420$30,071$22,031$15,928$11,392$6,783
28 years$38,558$28,336$20,480$14,594$10,279$5,976
29 years$36,827$26,732$19,059$13,383$9,282$5,268
30 years$35,215$25,246$17,752$12,282$8,386$4,646
31 years$33,710$23,865$16,550$11,280$7,582$4,099
32 years$32,302$22,581$15,442$10,367$6,859$3,618
33 years$30,982$21,385$14,418$9,533$6,207$3,194
34 years$29,742$20,268$13,471$8,771$5,620$2,821
35 years$28,576$19,224$12,595$8,074$5,090$2,492
36 years$27,476$18,246$11,782$7,436$4,612$2,202
37 years$26,439$17,330$11,028$6,852$4,180$1,946
38 years$25,459$16,470$10,327$6,315$3,789$1,720
39 years$24,531$15,661$9,675$5,823$3,436$1,520
40 years$23,652$14,900$9,069$5,371$3,117$1,344
41 years$22,818$14,184$8,503$4,955$2,828$1,188
42 years$22,025$13,508$7,977$4,573$2,566$1,051
43 years$21,272$12,870$7,485$4,222$2,329$929
44 years$20,555$12,268$7,026$3,898$2,114$822
45 years$19,872$11,699$6,597$3,600$1,919$727
46 years$19,220$11,160$6,196$3,325$1,742$643
47 years$18,598$10,650$5,821$3,072$1,582$569
48 years$18,003$10,167$5,470$2,839$1,437$503
49 years$17,435$9,709$5,142$2,624$1,305$445
50 years$16,891$9,274$4,834$2,425$1,185$394

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $17,300,000, adding $2,499 every year, while hoping to spend $37,585 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: 49/32/19 Blend
44$17,300,000$17,300,000$17,300,000$17,300,000
45$19,067,178$18,150,278$17,882,128$19,899,818
46$20,972,040$18,999,651$18,441,189$21,326,369
47$23,069,938$19,889,384$19,017,719$22,871,159
48$25,380,522$20,821,415$19,612,263$24,548,534
49$27,925,446$21,797,775$20,225,385$26,370,978
50$30,728,570$22,820,594$20,857,663$28,352,206
51$33,816,186$23,892,105$21,509,696$30,507,281
52$37,217,267$25,014,649$22,182,102$32,852,755
53$40,963,742$26,190,680$22,875,516$35,406,818
54$45,090,793$27,422,772$23,590,594$38,189,461
55$49,637,187$28,713,622$24,328,013$41,222,655
56$54,645,649$30,066,058$25,088,471$44,530,557
57$60,163,257$31,483,046$25,872,685$48,139,725
58$66,241,888$32,967,694$26,681,400$52,079,362
59$72,938,712$34,523,263$27,515,378$56,381,582
60$80,316,727$36,153,169$28,375,410$61,081,706
61$88,445,355$37,860,996$29,262,307$66,218,581
62$97,401,097$39,650,501$30,176,911$71,834,944
63$107,268,255$41,525,622$31,120,084$77,977,808
64$118,139,730$43,490,490$32,092,719$84,698,899
65$130,117,894$45,549,435$33,095,736$92,055,131
66$143,315,559$47,706,998$34,130,084$100,109,130
67$157,857,044$49,967,938$35,196,740$108,929,816
68$173,879,344$52,337,249$36,296,712$118,593,039
69$191,533,427$54,820,164$37,431,042$129,182,277
70$210,985,656$57,422,171$38,600,801$140,789,418
71$232,419,360$60,149,025$39,807,095$153,515,605
72$256,036,566$63,006,759$41,051,064$167,472,177
73$282,059,907$66,001,700$42,333,885$182,781,707
74$310,734,717$69,140,484$43,656,771$199,579,136
75$342,331,357$72,430,066$45,020,971$218,013,034
76$377,147,757$75,877,741$46,427,775$238,246,979
77$415,512,236$79,491,158$47,878,514$260,461,087
78$457,786,597$83,278,338$49,374,557$284,853,685
79$504,369,545$87,247,692$50,917,319$311,643,167
80$555,700,448$91,408,038$52,508,259$341,070,030
81$612,263,487$95,768,625$54,148,879$373,399,123
82$674,592,226$100,339,151$55,840,730$408,922,118
83$743,274,649$105,129,786$57,585,411$447,960,245
84$818,958,711$110,151,193$59,384,570$490,867,288
85$902,358,454$115,414,556$61,239,907$538,032,905
86$994,260,748$120,931,601$63,153,176$589,886,271
87$1,095,532,721$126,714,625$65,126,183$646,900,100
88$1,207,129,942$132,776,526$67,160,794$709,595,076
89$1,330,105,446$139,130,825$69,258,930$778,544,734
90$1,465,619,671$145,791,705$71,422,574$854,380,837
91$1,614,951,416$152,774,037$73,653,769$937,799,306
92$1,779,509,913$160,093,418$75,954,623$1,029,566,746
93$1,960,848,130$167,766,202$78,327,309$1,130,527,647
94$2,160,677,435$175,809,540$80,774,069$1,241,612,311
95$2,380,883,746$184,241,421$83,297,213$1,363,845,588
96$2,623,545,343$193,080,706$85,899,125$1,498,356,507
97$2,890,952,484$202,347,176$88,582,261$1,646,388,886
98$3,185,629,027$212,061,578$91,349,157$1,809,313,019
99$3,510,356,259$222,245,665$94,202,424$1,988,638,561
100$3,868,199,149$232,922,255$97,144,758$2,186,028,723