Can I retire at age 45 with 14,000,000?

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 $14,000,000?

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$1,156,107$1,145,809$1,135,762$1,125,955$1,116,380$1,102,429
2 years$572,330$561,671$551,341$541,325$531,609$517,572
3 years$377,763$367,058$356,754$346,832$337,275$323,587
4 years$280,499$269,827$259,625$249,873$240,547$227,315
5 years$222,156$211,547$201,480$191,926$182,860$170,121
6 years$183,273$172,744$162,826$153,485$144,691$132,460
7 years$155,510$145,070$135,309$126,189$117,673$105,955
8 years$134,698$124,352$114,753$105,856$97,621$86,416
9 years$118,519$108,271$98,837$90,166$82,211$71,513
10 years$105,583$95,436$86,168$77,724$70,048$59,850
11 years$95,006$84,961$75,861$67,643$60,243$50,537
12 years$86,199$76,256$67,325$59,332$52,206$42,979
13 years$78,752$68,913$60,150$52,381$45,524$36,766
14 years$72,375$62,640$54,045$46,498$39,906$31,604
15 years$66,852$57,223$48,795$41,468$35,137$27,276
16 years$62,025$52,501$44,240$37,130$31,054$23,621
17 years$57,770$48,351$40,257$33,361$27,535$20,514
18 years$53,993$44,679$36,749$30,065$24,482$17,860
19 years$50,616$41,408$33,642$27,167$21,822$15,582
20 years$47,582$38,478$30,875$24,605$19,492$13,619
21 years$44,839$35,841$28,399$22,330$17,443$11,922
22 years$42,350$33,456$26,174$20,303$15,635$10,450
23 years$40,080$31,291$24,167$18,491$14,035$9,171
24 years$38,003$29,318$22,351$16,865$12,615$8,057
25 years$36,094$27,513$20,701$15,402$11,351$7,084
26 years$34,335$25,858$19,199$14,082$10,225$6,234
27 years$32,710$24,335$17,828$12,890$9,219$5,489
28 years$31,203$22,931$16,574$11,810$8,318$4,836
29 years$29,803$21,633$15,423$10,830$7,511$4,263
30 years$28,498$20,430$14,366$9,939$6,787$3,760
31 years$27,280$19,313$13,393$9,128$6,136$3,317
32 years$26,140$18,274$12,496$8,389$5,550$2,928
33 years$25,072$17,306$11,668$7,715$5,023$2,585
34 years$24,069$16,402$10,902$7,098$4,548$2,283
35 years$23,125$15,557$10,192$6,534$4,119$2,017
36 years$22,235$14,766$9,535$6,018$3,732$1,782
37 years$21,396$14,024$8,924$5,545$3,383$1,574
38 years$20,602$13,328$8,357$5,111$3,067$1,392
39 years$19,852$12,674$7,830$4,712$2,781$1,230
40 years$19,140$12,058$7,339$4,346$2,522$1,088
41 years$18,465$11,478$6,881$4,010$2,288$962
42 years$17,824$10,931$6,455$3,701$2,076$850
43 years$17,214$10,415$6,057$3,416$1,885$752
44 years$16,634$9,928$5,686$3,154$1,711$665
45 years$16,081$9,467$5,339$2,913$1,553$588
46 years$15,554$9,031$5,014$2,691$1,410$520
47 years$15,050$8,619$4,711$2,486$1,280$460
48 years$14,569$8,228$4,427$2,297$1,163$407
49 years$14,109$7,857$4,161$2,123$1,056$360
50 years$13,669$7,505$3,912$1,962$959$319

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $14,000,000, adding $3,536 every year, while hoping to spend $34,869 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: 34/36/30 Blend
44$14,000,000$14,000,000$14,000,000$14,000,000
45$15,431,647$14,689,647$14,472,647$15,816,345
46$16,968,575$15,372,340$14,920,381$16,791,374
47$18,661,101$16,087,315$15,381,944$17,838,714
48$20,525,059$16,836,119$15,857,765$18,967,483
49$22,577,897$17,620,371$16,348,282$20,184,968
50$24,838,841$18,441,769$16,853,949$21,499,153
51$27,329,080$19,302,092$17,375,233$22,918,795
52$30,071,958$20,203,206$17,912,615$24,453,493
53$33,093,201$21,147,068$18,466,592$26,113,781
54$36,421,160$22,135,726$19,037,675$27,911,212
55$40,087,073$23,171,331$19,626,391$29,858,467
56$44,125,363$24,256,135$20,233,284$31,969,463
57$48,573,966$25,392,502$20,858,915$34,259,479
58$53,474,683$26,582,906$21,503,861$36,745,292
59$58,873,577$27,829,945$22,168,716$39,445,326
60$64,821,409$29,136,340$22,854,096$42,379,817
61$71,374,116$30,504,943$23,560,631$45,570,999
62$78,593,338$31,938,748$24,288,975$49,043,298
63$86,547,001$33,440,890$25,039,798$52,823,558
64$95,309,958$35,014,656$25,813,794$56,941,281
65$104,964,694$36,663,495$26,611,677$61,428,895
66$115,602,107$38,391,020$27,434,182$66,322,053
67$127,322,362$40,201,020$28,282,068$71,659,949
68$140,235,842$42,097,469$29,156,116$77,485,686
69$154,464,185$44,084,532$30,057,133$83,846,660
70$170,141,434$46,166,576$30,985,949$90,795,003
71$187,415,303$48,348,181$31,943,420$98,388,054
72$206,448,568$50,634,146$32,930,429$106,688,891
73$227,420,609$53,029,506$33,947,885$115,766,904
74$250,529,098$55,539,539$34,996,727$125,698,443
75$275,991,868$58,169,778$36,077,919$136,567,515
76$304,048,967$60,926,026$37,192,458$148,466,561
77$334,964,928$63,814,368$38,341,372$161,497,311
78$369,031,260$66,841,181$39,525,717$175,771,727
79$406,569,205$70,013,155$40,746,585$191,413,036
80$447,932,768$73,337,304$42,005,100$208,556,873
81$493,512,060$76,820,982$43,302,421$227,352,541
82$543,736,980$80,471,900$44,639,741$247,964,399
83$599,081,272$84,298,143$46,018,293$270,573,383
84$660,067,000$88,308,190$47,439,344$295,378,697
85$727,269,475$92,510,932$48,904,203$322,599,660
86$801,322,685$96,915,692$50,414,217$352,477,754
87$882,925,282$101,532,243$51,970,776$385,278,873
88$972,847,175$106,370,838$53,575,312$421,295,801
89$1,071,936,803$111,442,224$55,229,300$460,850,948
90$1,181,129,137$116,757,674$56,934,262$504,299,359
91$1,301,454,516$122,329,006$58,691,766$552,032,029
92$1,434,048,364$128,168,616$60,503,428$604,479,562
93$1,580,161,918$134,289,498$62,370,914$662,116,196
94$1,741,174,034$140,705,284$64,295,940$725,464,240
95$1,918,604,207$147,430,265$66,280,276$795,098,966
96$2,114,126,916$154,479,428$68,325,745$871,653,991
97$2,329,587,432$161,868,490$70,434,227$955,827,221
98$2,567,019,236$169,613,932$72,607,660$1,048,387,386
99$2,828,663,222$177,733,039$74,848,041$1,150,181,249
100$3,116,988,847$186,243,934$77,157,427$1,262,141,551