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

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 $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%18.9%
1 years$1,156,107$1,145,809$1,135,762$1,125,955$1,116,380$1,076,341
2 years$572,330$561,671$551,341$541,325$531,609$491,705
3 years$377,763$367,058$356,754$346,832$337,275$298,758
4 years$280,499$269,827$259,625$249,873$240,547$203,712
5 years$222,156$211,547$201,480$191,926$182,860$147,804
6 years$183,273$172,744$162,826$153,485$144,691$111,439
7 years$155,510$145,070$135,309$126,189$117,673$86,217
8 years$134,698$124,352$114,753$105,856$97,621$67,936
9 years$118,519$108,271$98,837$90,166$82,211$54,257
10 years$105,583$95,436$86,168$77,724$70,048$43,776
11 years$95,006$84,961$75,861$67,643$60,243$35,600
12 years$86,199$76,256$67,325$59,332$52,206$29,131
13 years$78,752$68,913$60,150$52,381$45,524$23,955
14 years$72,375$62,640$54,045$46,498$39,906$19,777
15 years$66,852$57,223$48,795$41,468$35,137$16,380
16 years$62,025$52,501$44,240$37,130$31,054$13,602
17 years$57,770$48,351$40,257$33,361$27,535$11,320
18 years$53,993$44,679$36,749$30,065$24,482$9,437
19 years$50,616$41,408$33,642$27,167$21,822$7,879
20 years$47,582$38,478$30,875$24,605$19,492$6,586
21 years$44,839$35,841$28,399$22,330$17,443$5,511
22 years$42,350$33,456$26,174$20,303$15,635$4,615
23 years$40,080$31,291$24,167$18,491$14,035$3,867
24 years$38,003$29,318$22,351$16,865$12,615$3,243
25 years$36,094$27,513$20,701$15,402$11,351$2,720
26 years$34,335$25,858$19,199$14,082$10,225$2,283
27 years$32,710$24,335$17,828$12,890$9,219$1,917
28 years$31,203$22,931$16,574$11,810$8,318$1,610
29 years$29,803$21,633$15,423$10,830$7,511$1,352
30 years$28,498$20,430$14,366$9,939$6,787$1,136
31 years$27,280$19,313$13,393$9,128$6,136$955
32 years$26,140$18,274$12,496$8,389$5,550$802
33 years$25,072$17,306$11,668$7,715$5,023$674
34 years$24,069$16,402$10,902$7,098$4,548$567
35 years$23,125$15,557$10,192$6,534$4,119$477
36 years$22,235$14,766$9,535$6,018$3,732$401
37 years$21,396$14,024$8,924$5,545$3,383$337
38 years$20,602$13,328$8,357$5,111$3,067$283
39 years$19,852$12,674$7,830$4,712$2,781$238
40 years$19,140$12,058$7,339$4,346$2,522$200
41 years$18,465$11,478$6,881$4,010$2,288$168
42 years$17,824$10,931$6,455$3,701$2,076$142
43 years$17,214$10,415$6,057$3,416$1,885$119
44 years$16,634$9,928$5,686$3,154$1,711$100
45 years$16,081$9,467$5,339$2,913$1,553$84
46 years$15,554$9,031$5,014$2,691$1,410$71
47 years$15,050$8,619$4,711$2,486$1,280$60
48 years$14,569$8,228$4,427$2,297$1,163$50
49 years$14,109$7,857$4,161$2,123$1,056$42
50 years$13,669$7,505$3,912$1,962$959$35

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 $3,803 every year, while hoping to spend $34,652 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: 82/6/12 Blend
44$14,000,000$14,000,000$14,000,000$14,000,000
45$15,431,923$14,689,923$14,472,923$16,664,063
46$16,969,109$15,372,860$14,920,896$18,155,364
47$18,661,928$16,088,099$15,382,715$19,787,459
48$20,526,216$16,837,187$15,858,808$21,578,405
49$22,579,425$17,621,744$16,349,613$23,544,129
50$24,840,787$18,443,471$16,855,586$25,702,172
51$27,331,494$19,304,147$17,377,194$28,071,854
52$30,074,896$20,205,640$17,914,920$30,674,454
53$33,096,726$21,149,907$18,469,261$33,533,409
54$36,425,340$22,139,001$19,040,729$36,674,535
55$40,091,984$23,175,071$19,629,853$40,126,270
56$44,131,091$24,260,374$20,237,177$43,919,937
57$48,580,603$25,397,273$20,863,263$48,090,041
58$53,482,331$26,588,246$21,508,689$52,674,592
59$58,882,351$27,835,892$22,174,052$57,715,464
60$64,831,434$29,142,934$22,859,967$63,258,783
61$71,385,532$30,512,229$23,567,067$69,355,368
62$78,606,297$31,946,770$24,296,005$76,061,201
63$86,561,674$33,449,696$25,047,455$83,437,959
64$95,326,531$35,024,297$25,822,111$91,553,591
65$104,983,374$36,674,024$26,620,689$100,482,958
66$115,623,121$38,402,495$27,443,925$110,308,537
67$127,345,963$40,213,500$28,292,580$121,121,196
68$140,262,307$42,111,018$29,167,437$133,021,053
69$154,493,820$44,099,216$30,069,304$146,118,412
70$170,174,578$46,182,466$30,999,014$160,534,809
71$187,452,328$48,365,350$31,957,425$176,404,150
72$206,489,887$50,652,673$32,945,420$193,873,973
73$227,466,676$53,049,475$33,963,912$213,106,843
74$250,580,414$55,561,036$35,013,840$234,281,874
75$276,048,986$58,192,896$36,096,173$257,596,425
76$304,112,497$60,950,863$37,211,909$283,267,955
77$335,035,541$63,841,025$38,362,078$311,536,072
78$369,109,699$66,869,767$39,547,740$342,664,794
79$406,656,287$70,043,785$40,769,988$376,945,033
80$448,029,396$73,370,098$42,029,950$414,697,340
81$493,619,227$76,856,066$43,328,787$456,274,926
82$543,855,783$80,509,408$44,667,696$502,066,992
83$599,212,921$84,338,216$46,047,911$552,502,396
84$660,212,827$88,350,978$47,470,705$608,053,702
85$727,430,950$92,556,590$48,937,388$669,241,628
86$801,501,429$96,964,385$50,449,313$736,639,963
87$883,123,081$101,584,146$52,007,871$810,880,977
88$973,066,000$106,426,133$53,614,498$892,661,379
89$1,072,178,823$111,501,105$55,270,676$982,748,896
90$1,181,396,748$116,820,344$56,977,928$1,081,989,507
91$1,301,750,354$122,395,679$58,737,827$1,191,315,427
92$1,434,375,340$128,239,517$60,551,994$1,311,753,897
93$1,580,523,237$134,364,866$62,422,098$1,444,436,881
94$1,741,573,231$140,785,368$64,349,862$1,590,611,737
95$1,919,045,177$147,515,328$66,337,059$1,751,652,989
96$2,114,613,954$154,569,747$68,385,519$1,929,075,295
97$2,330,125,270$161,964,358$70,497,127$2,124,547,735
98$2,567,613,092$169,715,656$72,673,825$2,339,909,563
99$2,829,318,846$177,840,942$74,917,617$2,577,187,559
100$3,117,712,578$186,358,357$77,230,566$2,838,615,153