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%17.8%
1 years$1,156,107$1,145,809$1,135,762$1,125,955$1,116,380$1,081,076
2 years$572,330$561,671$551,341$541,325$531,609$496,362
3 years$377,763$367,058$356,754$346,832$337,275$303,189
4 years$280,499$269,827$259,625$249,873$240,547$207,884
5 years$222,156$211,547$201,480$191,926$182,860$151,708
6 years$183,273$172,744$162,826$153,485$144,691$115,076
7 years$155,510$145,070$135,309$126,189$117,673$89,592
8 years$134,698$124,352$114,753$105,856$97,621$71,055
9 years$118,519$108,271$98,837$90,166$82,211$57,131
10 years$105,583$95,436$86,168$77,724$70,048$46,416
11 years$95,006$84,961$75,861$67,643$60,243$38,017
12 years$86,199$76,256$67,325$59,332$52,206$31,337
13 years$78,752$68,913$60,150$52,381$45,524$25,963
14 years$72,375$62,640$54,045$46,498$39,906$21,599
15 years$66,852$57,223$48,795$41,468$35,137$18,030
16 years$62,025$52,501$44,240$37,130$31,054$15,092
17 years$57,770$48,351$40,257$33,361$27,535$12,661
18 years$53,993$44,679$36,749$30,065$24,482$10,642
19 years$50,616$41,408$33,642$27,167$21,822$8,959
20 years$47,582$38,478$30,875$24,605$19,492$7,552
21 years$44,839$35,841$28,399$22,330$17,443$6,373
22 years$42,350$33,456$26,174$20,303$15,635$5,383
23 years$40,080$31,291$24,167$18,491$14,035$4,551
24 years$38,003$29,318$22,351$16,865$12,615$3,849
25 years$36,094$27,513$20,701$15,402$11,351$3,258
26 years$34,335$25,858$19,199$14,082$10,225$2,759
27 years$32,710$24,335$17,828$12,890$9,219$2,337
28 years$31,203$22,931$16,574$11,810$8,318$1,980
29 years$29,803$21,633$15,423$10,830$7,511$1,678
30 years$28,498$20,430$14,366$9,939$6,787$1,423
31 years$27,280$19,313$13,393$9,128$6,136$1,206
32 years$26,140$18,274$12,496$8,389$5,550$1,023
33 years$25,072$17,306$11,668$7,715$5,023$868
34 years$24,069$16,402$10,902$7,098$4,548$736
35 years$23,125$15,557$10,192$6,534$4,119$625
36 years$22,235$14,766$9,535$6,018$3,732$530
37 years$21,396$14,024$8,924$5,545$3,383$450
38 years$20,602$13,328$8,357$5,111$3,067$382
39 years$19,852$12,674$7,830$4,712$2,781$324
40 years$19,140$12,058$7,339$4,346$2,522$275
41 years$18,465$11,478$6,881$4,010$2,288$233
42 years$17,824$10,931$6,455$3,701$2,076$198
43 years$17,214$10,415$6,057$3,416$1,885$168
44 years$16,634$9,928$5,686$3,154$1,711$143
45 years$16,081$9,467$5,339$2,913$1,553$121
46 years$15,554$9,031$5,014$2,691$1,410$103
47 years$15,050$8,619$4,711$2,486$1,280$87
48 years$14,569$8,228$4,427$2,297$1,163$74
49 years$14,109$7,857$4,161$2,123$1,056$63
50 years$13,669$7,505$3,912$1,962$959$53

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 $2,941 every year, while hoping to spend $46,883 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: 56/14/30 Blend
44$14,000,000$14,000,000$14,000,000$14,000,000
45$15,431,034$14,689,034$14,472,034$16,166,860
46$16,955,116$15,358,913$14,906,964$17,344,548
47$18,633,083$16,060,045$15,354,892$18,622,020
48$20,480,582$16,793,912$15,816,206$20,013,075
49$22,514,855$17,562,067$16,291,302$21,528,703
50$24,754,898$18,366,136$16,780,589$23,180,996
51$27,221,647$19,207,827$17,284,488$24,983,252
52$29,938,170$20,088,925$17,803,433$26,950,105
53$32,929,885$21,011,304$18,337,870$29,097,656
54$36,224,803$21,976,927$18,888,258$31,443,619
55$39,853,789$22,987,853$19,455,070$34,007,492
56$43,850,854$24,046,236$20,038,794$36,810,732
57$48,253,476$25,154,337$20,639,929$39,876,956
58$53,102,957$26,314,525$21,258,992$43,232,156
59$58,444,804$27,529,283$21,896,514$46,904,949
60$64,329,168$28,801,212$22,553,042$50,926,834
61$70,811,312$30,133,040$23,229,137$55,332,490
62$77,952,132$31,527,625$23,925,380$60,160,097
63$85,818,736$32,987,965$24,642,366$65,451,693
64$94,485,070$34,517,198$25,380,708$71,253,564
65$104,032,624$36,118,618$26,141,039$77,616,680
66$114,551,197$37,795,675$26,924,009$84,597,163
67$126,139,742$39,551,987$27,730,286$92,256,820
68$138,907,305$41,391,343$28,560,560$100,663,716
69$152,974,050$43,317,719$29,415,539$109,892,810
70$168,472,397$45,335,281$30,295,953$120,026,659
71$185,548,267$47,448,396$31,202,554$131,156,188
72$204,362,465$49,661,641$32,136,113$143,381,546
73$225,092,191$51,979,816$33,097,428$156,813,038
74$247,932,719$54,407,952$34,087,316$171,572,164
75$273,099,236$56,951,322$35,106,621$187,792,757
76$300,828,876$59,615,454$36,156,210$205,622,238
77$331,382,954$62,406,144$37,236,977$225,222,998
78$365,049,439$65,329,469$38,349,839$246,773,926
79$402,145,666$68,391,797$39,495,743$270,472,084
80$443,021,335$71,599,807$40,675,662$296,534,563
81$488,061,813$74,960,498$41,890,598$325,200,519
82$537,691,766$78,481,211$43,141,581$356,733,420
83$592,379,176$82,169,640$44,429,674$391,423,525
84$652,639,752$86,033,852$45,755,967$429,590,613
85$719,041,799$90,082,304$47,121,586$471,586,988
86$792,211,589$94,323,863$48,527,685$517,800,795
87$872,839,265$98,767,826$49,975,456$568,659,670
88$961,685,359$103,423,938$51,466,123$624,634,765
89$1,059,587,974$108,302,420$53,000,946$686,245,181
90$1,167,470,693$113,413,985$54,581,224$754,062,855
91$1,286,351,299$118,769,865$56,208,290$828,717,947
92$1,417,351,383$124,381,840$57,883,519$910,904,767
93$1,561,706,931$130,262,257$59,608,324$1,001,388,322
94$1,720,779,995$136,424,065$61,384,160$1,101,011,511
95$1,896,071,549$142,880,838$63,212,523$1,210,703,076
96$2,089,235,659$149,646,811$65,094,955$1,331,486,342
97$2,302,095,099$156,736,908$67,033,039$1,464,488,863
98$2,536,658,561$164,166,778$69,028,408$1,610,953,047
99$2,795,139,613$171,952,829$71,082,738$1,772,247,862
100$3,079,977,602$180,112,266$73,197,758$1,949,881,741