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

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 $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%15.5%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,083,371
2 years$568,242$557,659$547,403$537,458$527,812$502,724
3 years$375,065$364,436$354,206$344,355$334,866$310,508
4 years$278,495$267,899$257,771$248,088$238,829$215,389
5 years$220,569$210,036$200,041$190,555$181,554$159,098
6 years$181,964$171,510$161,663$152,389$143,658$122,209
7 years$154,399$144,034$134,343$125,287$116,832$96,394
8 years$133,736$123,464$113,933$105,100$96,923$77,489
9 years$117,672$107,498$98,131$89,522$81,624$63,177
10 years$104,829$94,754$85,552$77,169$69,547$52,070
11 years$94,328$84,354$75,319$67,160$59,813$43,281
12 years$85,583$75,711$66,844$58,908$51,833$36,220
13 years$78,190$68,421$59,720$52,007$45,199$30,477
14 years$71,858$62,193$53,659$46,166$39,621$25,760
15 years$66,375$56,814$48,447$41,172$34,886$21,853
16 years$61,582$52,126$43,924$36,865$30,832$18,596
17 years$57,358$48,006$39,969$33,123$27,338$15,864
18 years$53,607$44,360$36,487$29,851$24,308$13,563
19 years$50,255$41,112$33,402$26,973$21,666$11,617
20 years$47,242$38,203$30,655$24,429$19,352$9,966
21 years$44,519$35,585$28,196$22,171$17,318$8,560
22 years$42,047$33,217$25,987$20,158$15,523$7,361
23 years$39,794$31,067$23,995$18,359$13,935$6,336
24 years$37,731$29,108$22,191$16,744$12,525$5,458
25 years$35,836$27,317$20,553$15,292$11,270$4,705
26 years$34,090$25,673$19,062$13,982$10,152$4,058
27 years$32,476$24,161$17,701$12,798$9,153$3,502
28 years$30,980$22,767$16,455$11,726$8,259$3,024
29 years$29,590$21,478$15,313$10,753$7,457$2,612
30 years$28,294$20,284$14,264$9,868$6,738$2,257
31 years$27,085$19,175$13,297$9,063$6,092$1,950
32 years$25,954$18,144$12,407$8,329$5,511$1,686
33 years$24,893$17,182$11,584$7,660$4,987$1,458
34 years$23,897$16,285$10,824$7,047$4,515$1,261
35 years$22,960$15,446$10,119$6,488$4,090$1,090
36 years$22,076$14,660$9,466$5,975$3,705$943
37 years$21,243$13,924$8,860$5,505$3,358$816
38 years$20,455$13,233$8,297$5,074$3,045$706
39 years$19,710$12,583$7,774$4,679$2,761$611
40 years$19,003$11,972$7,286$4,315$2,504$529
41 years$18,333$11,396$6,832$3,981$2,272$458
42 years$17,697$10,853$6,409$3,674$2,062$396
43 years$17,091$10,341$6,014$3,392$1,871$343
44 years$16,515$9,857$5,645$3,132$1,698$297
45 years$15,966$9,400$5,301$2,892$1,542$257
46 years$15,442$8,967$4,978$2,672$1,400$222
47 years$14,943$8,557$4,677$2,468$1,271$192
48 years$14,465$8,169$4,395$2,281$1,154$167
49 years$14,008$7,801$4,131$2,108$1,048$144
50 years$13,571$7,452$3,884$1,948$952$125

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 $4,645 every year, while hoping to spend $36,772 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: 43/47/10 Blend
44$13,900,000$13,900,000$13,900,000$13,900,000
45$15,322,591$14,585,891$14,370,441$15,936,894
46$16,846,371$15,261,475$14,812,726$17,040,829
47$18,524,343$15,968,930$15,268,595$18,231,950
48$20,372,197$16,709,778$15,738,464$19,521,485
49$22,407,221$17,485,617$16,222,762$20,918,458
50$24,648,465$18,298,120$16,721,932$22,432,766
51$27,116,920$19,149,040$17,236,429$24,075,269
52$29,835,719$20,040,215$17,766,722$25,857,882
53$32,830,350$20,973,574$18,313,296$27,793,685
54$36,128,903$21,951,137$18,876,648$29,897,035
55$39,762,329$22,975,020$19,457,293$32,183,695
56$43,764,735$24,047,444$20,055,761$34,670,979
57$48,173,705$25,170,737$20,672,597$37,377,899
58$53,030,658$26,347,337$21,308,363$40,325,342
59$58,381,231$27,579,803$21,963,639$43,536,255
60$64,275,718$28,870,815$22,639,023$47,035,855
61$70,769,540$30,223,184$23,335,129$50,851,852
62$77,923,770$31,639,856$24,052,593$55,014,705
63$85,805,707$33,123,922$24,792,067$59,557,896
64$94,489,513$34,678,618$25,554,225$64,518,232
65$104,056,914$36,307,341$26,339,762$69,936,186
66$114,597,968$38,013,649$27,149,393$75,856,263
67$126,211,918$39,801,275$27,983,855$82,327,405
68$139,008,127$41,674,131$28,843,907$89,403,443
69$153,107,111$43,636,318$29,730,333$97,143,588
70$168,641,676$45,692,138$30,643,939$105,612,975
71$185,758,173$47,846,098$31,585,557$114,883,264
72$204,617,876$50,102,926$32,556,042$125,033,294
73$225,398,508$52,467,579$33,556,279$136,149,818
74$248,295,917$54,945,252$34,587,176$148,328,295
75$273,525,926$57,541,394$35,649,671$161,673,777
76$301,326,365$60,261,717$36,744,730$176,301,882
77$331,959,325$63,112,212$37,873,349$192,339,858
78$365,713,623$66,099,157$39,036,553$209,927,766
79$402,907,534$69,229,137$40,235,399$229,219,782
80$443,891,795$72,509,058$41,470,977$250,385,621
81$489,052,913$75,946,156$42,744,410$273,612,118
82$538,816,815$79,548,023$44,056,853$299,104,967
83$593,652,872$83,322,618$45,409,499$327,090,629
84$654,078,324$87,278,285$46,803,576$357,818,447
85$720,663,167$91,423,774$48,240,349$391,562,963
86$794,035,532$95,768,262$49,721,124$428,626,483
87$874,887,618$100,321,368$51,247,243$469,341,894
88$963,982,221$105,093,181$52,820,091$514,075,773
89$1,062,159,939$110,094,279$54,441,096$563,231,807
90$1,170,347,109$115,335,754$56,111,728$617,254,572
91$1,289,564,545$120,829,237$57,833,503$676,633,682
92$1,420,937,184$126,586,925$59,607,980$741,908,376
93$1,565,704,699$132,621,607$61,436,770$813,672,555
94$1,725,233,206$138,946,694$63,321,530$892,580,353
95$1,901,028,160$145,576,248$65,263,968$979,352,254
96$2,094,748,566$152,525,018$67,265,844$1,074,781,847
97$2,308,222,643$159,808,467$69,328,973$1,179,743,264
98$2,543,465,081$167,442,811$71,455,223$1,295,199,376
99$2,802,696,066$175,445,055$73,646,519$1,422,210,822
100$3,088,362,235$183,833,032$75,904,847$1,561,945,963