Can I retire at age 45 with 17,900,000?

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 $17,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,420,162
2 years$731,765$718,137$704,928$692,122$679,701$672,425
3 years$482,997$469,310$456,135$443,449$431,230$424,113
4 years$358,638$344,993$331,950$319,480$307,557$300,654
5 years$284,042$270,478$257,607$245,392$233,800$227,131
6 years$234,327$220,866$208,184$196,242$184,998$178,571
7 years$198,831$185,483$173,002$161,341$150,453$144,272
8 years$172,221$158,993$146,720$135,345$124,815$118,881
9 years$151,535$138,432$126,370$115,284$105,112$99,423
10 years$134,996$122,021$110,172$99,376$89,561$84,113
11 years$121,473$108,628$96,994$86,487$77,025$71,816
12 years$110,211$97,499$86,079$75,860$66,749$61,774
13 years$100,690$88,110$76,906$66,973$58,206$53,461
14 years$92,536$80,090$69,101$59,452$51,023$46,502
15 years$85,476$73,164$62,388$53,020$44,925$40,622
16 years$79,304$67,126$56,564$47,474$39,705$35,615
17 years$73,864$61,821$51,471$42,655$35,205$31,321
18 years$69,033$57,125$46,987$38,441$31,303$27,619
19 years$64,717$52,943$43,014$34,734$27,901$24,410
20 years$60,836$49,197$39,476$31,459$24,921$21,617
21 years$57,330$45,825$36,310$28,551$22,302$19,178
22 years$54,147$42,776$33,466$25,959$19,990$17,039
23 years$51,245$40,008$30,900$23,642$17,945$15,159
24 years$48,589$37,485$28,577$21,562$16,129$13,503
25 years$46,149$35,177$26,468$19,692$14,514$12,040
26 years$43,900$33,061$24,548$18,005$13,073$10,745
27 years$41,822$31,114$22,795$16,481$11,787$9,598
28 years$39,895$29,319$21,191$15,100$10,635$8,579
29 years$38,105$27,659$19,720$13,847$9,603$7,673
30 years$36,437$26,121$18,368$12,708$8,677$6,867
31 years$34,879$24,693$17,124$11,671$7,845$6,149
32 years$33,422$23,365$15,977$10,726$7,096$5,508
33 years$32,056$22,127$14,918$9,864$6,422$4,936
34 years$30,773$20,971$13,938$9,075$5,815$4,425
35 years$29,567$19,891$13,031$8,354$5,267$3,968
36 years$28,429$18,879$12,191$7,694$4,772$3,560
37 years$27,356$17,931$11,410$7,089$4,325$3,194
38 years$26,342$17,041$10,685$6,534$3,921$2,866
39 years$25,382$16,204$10,011$6,025$3,556$2,573
40 years$24,472$15,417$9,383$5,557$3,225$2,310
41 years$23,609$14,675$8,798$5,127$2,926$2,074
42 years$22,789$13,976$8,253$4,732$2,655$1,863
43 years$22,010$13,317$7,745$4,368$2,409$1,673
44 years$21,268$12,694$7,270$4,033$2,187$1,503
45 years$20,561$12,104$6,826$3,725$1,985$1,351
46 years$19,886$11,547$6,411$3,441$1,803$1,213
47 years$19,243$11,020$6,023$3,179$1,637$1,090
48 years$18,628$10,520$5,660$2,937$1,487$980
49 years$18,039$10,046$5,320$2,714$1,350$881
50 years$17,477$9,596$5,002$2,509$1,226$792

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $17,900,000, adding $3,210 every year, while hoping to spend $33,524 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: 35/41/24 Blend
44$17,900,000$17,900,000$17,900,000$17,900,000
45$19,729,111$18,780,411$18,502,961$20,276,048
46$21,705,811$19,664,982$19,087,141$21,566,295
47$23,883,011$20,591,773$19,689,767$22,954,192
48$26,281,126$21,562,818$20,311,423$24,451,051
49$28,922,654$22,580,249$20,952,708$26,066,615
50$31,832,384$23,646,301$21,614,243$27,811,563
51$35,037,635$24,763,317$22,296,668$29,697,595
52$38,568,509$25,933,755$23,000,642$31,737,544
53$42,458,179$27,160,191$23,726,846$33,945,482
54$46,743,200$28,445,327$24,475,981$36,336,843
55$51,463,852$29,791,994$25,248,773$38,928,562
56$56,664,526$31,203,162$26,045,967$41,739,222
57$62,394,136$32,681,946$26,868,336$44,789,221
58$68,706,586$34,231,610$27,716,673$48,100,950
59$75,661,276$35,855,577$28,591,800$51,698,997
60$83,323,663$37,557,436$29,494,562$55,610,360
61$91,765,878$39,340,953$30,425,832$59,864,698
62$101,067,411$41,210,072$31,386,510$64,494,590
63$111,315,854$43,168,933$32,377,525$69,535,830
64$122,607,735$45,221,875$33,399,836$75,027,754
65$135,049,424$47,373,447$34,454,431$81,013,590
66$148,758,140$49,628,420$35,542,329$87,540,855
67$163,863,056$51,991,799$36,664,583$94,661,783
68$180,506,518$54,468,827$37,822,277$102,433,804
69$198,845,391$57,065,007$39,016,530$110,920,063
70$219,052,535$59,786,107$40,248,499$120,190,000
71$241,318,443$62,638,176$41,519,373$130,319,985
72$265,853,034$65,627,556$42,830,381$141,394,018
73$292,887,636$68,760,899$44,182,792$153,504,496
74$322,677,172$72,045,181$45,577,913$166,753,068
75$355,502,564$75,487,714$47,017,093$181,251,566
76$391,673,383$79,096,170$48,501,723$197,123,036
77$431,530,777$82,878,591$50,033,240$214,502,873
78$475,450,686$86,843,412$51,613,123$233,540,074
79$523,847,395$90,999,478$53,242,902$254,398,611
80$577,177,442$95,356,065$54,924,151$277,258,951
81$635,943,928$99,922,899$56,658,497$302,319,728
82$700,701,269$104,710,181$58,447,617$329,799,582
83$772,060,427$109,728,609$60,293,241$359,939,192
84$850,694,679$114,989,400$62,197,153$393,003,509
85$937,345,974$120,504,318$64,161,196$429,284,219
86$1,032,831,935$126,285,701$66,187,267$469,102,456
87$1,138,053,579$132,346,487$68,277,327$512,811,794
88$1,254,003,823$138,700,244$70,433,397$560,801,538
89$1,381,776,859$145,361,202$72,657,562$613,500,355
90$1,522,578,481$152,344,283$74,951,973$671,380,272
91$1,677,737,471$159,665,137$77,318,848$734,961,081
92$1,848,718,140$167,340,177$79,760,477$804,815,194
93$2,037,134,159$175,386,614$82,279,222$881,572,993
94$2,244,763,785$183,822,500$84,877,517$965,928,719
95$2,473,566,654$192,666,765$87,557,877$1,058,646,970
96$2,725,702,280$201,939,264$90,322,893$1,160,569,852
97$3,003,550,442$211,660,817$93,175,239$1,272,624,865
98$3,309,733,652$221,853,263$96,117,675$1,395,833,589
99$3,647,141,914$232,539,501$99,153,046$1,531,321,253
100$4,018,960,004$243,743,552$102,284,288$1,680,327,285