Can I retire at age 45 with 13,900,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,080,733
2 years$568,242$557,659$547,403$537,458$527,812$500,108
3 years$375,065$364,436$354,206$344,355$334,866$307,996
4 years$278,495$267,899$257,771$248,088$238,829$213,000
5 years$220,569$210,036$200,041$190,555$181,554$156,838
6 years$181,964$171,510$161,663$152,389$143,658$120,079
7 years$154,399$144,034$134,343$125,287$116,832$94,394
8 years$133,736$123,464$113,933$105,100$96,923$75,615
9 years$117,672$107,498$98,131$89,522$81,624$61,428
10 years$104,829$94,754$85,552$77,169$69,547$50,440
11 years$94,328$84,354$75,319$67,160$59,813$41,766
12 years$85,583$75,711$66,844$58,908$51,833$34,815
13 years$78,190$68,421$59,720$52,007$45,199$29,178
14 years$71,858$62,193$53,659$46,166$39,621$24,561
15 years$66,375$56,814$48,447$41,172$34,886$20,748
16 years$61,582$52,126$43,924$36,865$30,832$17,581
17 years$57,358$48,006$39,969$33,123$27,338$14,933
18 years$53,607$44,360$36,487$29,851$24,308$12,711
19 years$50,255$41,112$33,402$26,973$21,666$10,839
20 years$47,242$38,203$30,655$24,429$19,352$9,256
21 years$44,519$35,585$28,196$22,171$17,318$7,914
22 years$42,047$33,217$25,987$20,158$15,523$6,774
23 years$39,794$31,067$23,995$18,359$13,935$5,803
24 years$37,731$29,108$22,191$16,744$12,525$4,975
25 years$35,836$27,317$20,553$15,292$11,270$4,268
26 years$34,090$25,673$19,062$13,982$10,152$3,664
27 years$32,476$24,161$17,701$12,798$9,153$3,147
28 years$30,980$22,767$16,455$11,726$8,259$2,704
29 years$29,590$21,478$15,313$10,753$7,457$2,324
30 years$28,294$20,284$14,264$9,868$6,738$1,998
31 years$27,085$19,175$13,297$9,063$6,092$1,718
32 years$25,954$18,144$12,407$8,329$5,511$1,478
33 years$24,893$17,182$11,584$7,660$4,987$1,271
34 years$23,897$16,285$10,824$7,047$4,515$1,094
35 years$22,960$15,446$10,119$6,488$4,090$941
36 years$22,076$14,660$9,466$5,975$3,705$810
37 years$21,243$13,924$8,860$5,505$3,358$697
38 years$20,455$13,233$8,297$5,074$3,045$600
39 years$19,710$12,583$7,774$4,679$2,761$517
40 years$19,003$11,972$7,286$4,315$2,504$445
41 years$18,333$11,396$6,832$3,981$2,272$383
42 years$17,697$10,853$6,409$3,674$2,062$330
43 years$17,091$10,341$6,014$3,392$1,871$284
44 years$16,515$9,857$5,645$3,132$1,698$245
45 years$15,966$9,400$5,301$2,892$1,542$211
46 years$15,442$8,967$4,978$2,672$1,400$181
47 years$14,943$8,557$4,677$2,468$1,271$156
48 years$14,465$8,169$4,395$2,281$1,154$135
49 years$14,008$7,801$4,131$2,108$1,048$116
50 years$13,571$7,452$3,884$1,948$952$100

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $13,900,000, adding $6,452 every year, while hoping to spend $20,635 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: 61/12/27 Blend
44$13,900,000$13,900,000$13,900,000$13,900,000
45$15,324,455$14,587,755$14,372,305$16,147,718
46$16,865,594$15,280,600$14,831,822$17,401,351
47$18,563,238$16,006,702$15,306,041$18,766,325
48$20,433,328$16,767,670$15,795,433$20,255,844
49$22,493,431$17,565,190$16,300,484$21,882,067
50$24,762,905$18,401,028$16,821,694$23,658,369
51$27,263,083$19,277,041$17,359,583$25,599,466
52$30,017,472$20,195,170$17,914,683$27,721,556
53$33,051,975$21,157,454$18,487,546$30,042,461
54$36,395,138$22,166,031$19,078,740$32,581,798
55$40,078,418$23,223,142$19,688,854$35,361,158
56$44,136,477$24,331,137$20,318,491$38,404,309
57$48,607,516$25,492,481$20,968,279$41,737,414
58$53,533,628$26,709,758$21,638,862$45,389,273
59$58,961,200$27,985,678$22,330,905$49,391,597
60$64,941,349$29,323,083$23,045,097$53,779,297
61$71,530,406$30,724,953$23,782,147$58,590,813
62$78,790,446$32,194,414$24,542,787$63,868,470
63$86,789,873$33,734,742$25,327,773$69,658,876
64$95,604,070$35,349,374$26,137,883$76,013,353
65$105,316,107$37,041,915$26,973,924$82,988,422
66$116,017,525$38,816,144$27,836,725$90,646,325
67$127,809,201$40,676,024$28,727,144$99,055,614
68$140,802,302$42,625,712$29,646,066$108,291,786
69$155,119,331$44,669,566$30,594,403$118,437,993
70$170,895,285$46,812,157$31,573,099$129,585,824
71$188,278,931$49,058,280$32,583,124$141,836,155
72$207,434,207$51,412,960$33,625,484$155,300,103
73$228,541,773$53,881,472$34,701,214$170,100,064
74$251,800,712$56,469,342$35,811,383$186,370,859
75$277,430,415$59,182,370$36,957,095$204,261,006
76$305,672,647$62,026,636$38,139,487$223,934,108
77$336,793,834$65,008,518$39,359,737$245,570,391
78$371,087,573$68,134,703$40,619,056$269,368,398
79$408,877,407$71,412,206$41,918,696$295,546,855
80$450,519,880$74,848,381$43,259,950$324,346,722
81$496,407,900$78,450,944$44,644,150$356,033,465
82$546,974,450$82,227,984$46,072,674$390,899,546
83$602,696,676$86,187,988$47,546,940$429,267,175
84$664,100,390$90,339,852$49,068,416$471,491,345
85$731,765,036$94,692,911$50,638,614$517,963,165
86$806,329,157$99,256,951$52,259,095$569,113,546
87$888,496,428$104,042,238$53,931,471$625,417,254
88$979,042,293$109,059,538$55,657,405$687,397,377
89$1,078,821,293$114,320,141$57,438,614$755,630,254
90$1,188,775,126$119,835,889$59,276,869$830,750,900
91$1,309,941,543$125,619,202$61,173,998$913,458,986
92$1,443,464,142$131,683,105$63,131,889$1,004,525,427
93$1,590,603,166$138,041,258$65,152,489$1,104,799,646
94$1,752,747,399$144,707,990$67,237,808$1,215,217,578
95$1,931,427,280$151,698,328$69,389,920$1,336,810,483
96$2,128,329,347$159,028,030$71,610,967$1,470,714,670
97$2,345,312,164$166,713,628$73,903,158$1,618,182,199
98$2,584,423,865$174,772,456$76,268,775$1,780,592,685
99$2,847,921,491$183,222,698$78,710,170$1,959,466,301
100$3,138,292,295$192,083,422$81,229,773$2,156,478,110