Can I retire at age 45 with 17,600,000?

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 $17,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,362,893
2 years$719,501$706,101$693,114$680,522$668,309$627,772
3 years$474,902$461,445$448,491$436,017$424,003$384,754
4 years$352,627$339,211$326,386$314,126$302,402$264,744
5 years$279,281$265,945$253,289$241,279$229,881$193,916
6 years$230,400$217,164$204,695$192,953$181,897$147,657
7 years$195,499$182,374$170,103$158,637$147,931$115,417
8 years$169,334$156,328$144,261$133,077$122,723$91,915
9 years$148,995$136,112$124,252$113,352$103,351$74,219
10 years$132,733$119,976$108,325$97,710$88,060$60,564
11 years$119,437$106,808$95,368$85,037$75,735$49,829
12 years$108,364$95,865$84,637$74,589$65,630$41,264
13 years$99,003$86,634$75,617$65,851$57,231$34,350
14 years$90,985$78,748$67,942$58,455$50,168$28,716
15 years$84,043$71,937$61,343$52,132$44,172$24,089
16 years$77,975$66,001$55,616$46,678$39,039$20,266
17 years$72,626$60,785$50,609$41,940$34,615$17,089
18 years$67,876$56,168$46,199$37,796$30,778$14,439
19 years$63,632$52,056$42,293$34,152$27,433$12,220
20 years$59,817$48,373$38,815$30,932$24,504$10,356
21 years$56,369$45,057$35,702$28,072$21,928$8,787
22 years$53,240$42,059$32,905$25,524$19,655$7,463
23 years$50,386$39,337$30,382$23,245$17,644$6,343
24 years$47,775$36,856$28,098$21,201$15,859$5,396
25 years$45,376$34,588$26,024$19,362$14,270$4,592
26 years$43,165$32,507$24,136$17,704$12,854$3,910
27 years$41,121$30,593$22,413$16,205$11,589$3,331
28 years$39,227$28,828$20,835$14,847$10,457$2,839
29 years$37,466$27,196$19,389$13,615$9,443$2,420
30 years$35,826$25,683$18,060$12,495$8,532$2,063
31 years$34,295$24,279$16,837$11,476$7,714$1,760
32 years$32,862$22,973$15,709$10,547$6,978$1,501
33 years$31,519$21,756$14,668$9,698$6,315$1,281
34 years$30,258$20,620$13,705$8,923$5,717$1,093
35 years$29,071$19,557$12,813$8,214$5,178$933
36 years$27,953$18,563$11,986$7,565$4,692$796
37 years$26,898$17,630$11,219$6,970$4,252$679
38 years$25,900$16,755$10,506$6,425$3,855$580
39 years$24,956$15,933$9,843$5,924$3,496$495
40 years$24,062$15,159$9,226$5,464$3,171$423
41 years$23,213$14,429$8,651$5,041$2,877$361
42 years$22,407$13,742$8,115$4,652$2,610$308
43 years$21,641$13,093$7,615$4,295$2,369$263
44 years$20,911$12,481$7,148$3,966$2,150$225
45 years$20,216$11,902$6,711$3,662$1,952$192
46 years$19,553$11,354$6,304$3,383$1,772$164
47 years$18,920$10,835$5,922$3,125$1,610$140
48 years$18,315$10,343$5,565$2,888$1,462$119
49 years$17,737$9,877$5,231$2,669$1,328$102
50 years$17,184$9,435$4,918$2,467$1,206$87

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $17,600,000, adding $6,069 every year, while hoping to spend $52,956 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: 58/31/11 Blend
44$17,600,000$17,600,000$17,600,000$17,600,000
45$19,401,460$18,468,660$18,195,860$20,474,569
46$21,324,064$19,317,280$18,749,077$22,047,161
47$23,440,999$20,205,707$19,319,051$23,754,065
48$25,772,031$21,135,836$19,906,289$25,613,338
49$28,338,939$22,109,653$20,511,311$27,639,608
50$31,165,724$23,129,239$21,134,653$29,848,952
51$34,278,832$24,196,776$21,776,868$32,259,045
52$37,707,404$25,314,550$22,438,524$34,889,323
53$41,483,553$26,484,956$23,120,208$37,761,154
54$45,642,664$27,710,507$23,822,524$40,898,043
55$50,223,729$28,993,836$24,546,092$44,325,839
56$55,269,717$30,337,701$25,291,553$48,072,975
57$60,827,975$31,744,995$26,059,567$52,170,730
58$66,950,679$33,218,751$26,850,813$56,653,515
59$73,695,324$34,762,145$27,665,991$61,559,193
60$81,125,266$36,378,509$28,505,821$66,929,424
61$89,310,322$38,071,336$29,371,046$72,810,052
62$98,327,429$39,844,284$30,262,429$79,251,528
63$108,261,364$41,701,192$31,180,758$86,309,378
64$119,205,554$43,646,082$32,126,845$94,044,716
65$131,262,950$45,683,169$33,101,523$102,524,810
66$144,547,001$47,816,874$34,105,654$111,823,707
67$159,182,724$50,051,830$35,140,123$122,022,923
68$175,307,887$52,392,895$36,205,842$133,212,195
69$193,074,305$54,845,161$37,303,751$145,490,321
70$212,649,276$57,413,965$38,434,819$158,966,077
71$234,217,158$60,104,905$39,600,041$173,759,230
72$257,981,110$62,923,847$40,800,444$190,001,658
73$284,165,009$65,876,942$42,037,085$207,838,574
74$313,015,566$68,970,638$43,311,053$227,429,886
75$344,804,650$72,211,695$44,623,470$248,951,689
76$379,831,858$75,607,202$45,975,489$272,597,908
77$418,427,341$79,164,588$47,368,301$298,582,116
78$460,954,920$82,891,644$48,803,130$327,139,526
79$507,815,525$86,796,537$50,281,238$358,529,195
80$559,450,972$90,887,831$51,803,923$393,036,447
81$616,348,140$95,174,504$53,372,524$430,975,548
82$679,043,565$99,665,968$54,988,417$472,692,648
83$748,128,501$104,372,094$56,653,022$518,569,025
84$824,254,510$109,303,228$58,367,800$569,024,661
85$908,139,604$114,470,220$60,134,255$624,522,181
86$1,000,575,029$119,884,446$61,953,938$685,571,194
87$1,102,432,730$125,557,832$63,828,443$752,733,073
88$1,214,673,586$131,502,884$65,759,414$826,626,226
89$1,338,356,481$137,732,714$67,748,543$907,931,907
90$1,474,648,295$144,261,070$69,797,573$997,400,609
91$1,624,834,928$151,102,369$71,908,298$1,095,859,119
92$1,790,333,431$158,271,726$74,082,566$1,204,218,286
93$1,972,705,389$165,784,989$76,322,281$1,323,481,584
94$2,173,671,663$173,658,777$78,629,401$1,454,754,545
95$2,395,128,632$181,910,517$81,005,945$1,599,255,155
96$2,639,166,099$190,558,479$83,453,991$1,758,325,313
97$2,908,087,020$199,621,823$85,975,678$1,933,443,448
98$3,204,429,243$209,120,639$88,573,210$2,126,238,438
99$3,530,989,469$219,075,994$91,248,856$2,338,504,929
100$3,890,849,654$229,509,977$94,004,952$2,572,220,235