Can I retire at age 45 with 14,100,000?

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,085,324
2 years$576,418$565,683$555,279$545,191$535,407$496,489
3 years$380,462$369,680$359,302$349,309$339,684$302,100
4 years$282,503$271,754$261,480$251,658$242,265$206,303
5 years$223,742$213,058$202,919$193,297$184,166$149,921
6 years$184,582$173,978$163,989$154,581$145,725$113,222
7 years$156,621$146,107$136,275$127,090$118,513$87,747
8 years$135,660$125,240$115,572$106,613$98,318$69,264
9 years$119,365$109,044$99,543$90,810$82,798$55,419
10 years$106,337$96,117$86,783$78,279$70,548$44,799
11 years$95,685$85,567$76,403$68,126$60,674$36,503
12 years$86,815$76,801$67,805$59,756$52,579$29,929
13 years$79,315$69,405$60,580$52,756$45,849$24,662
14 years$72,892$63,088$54,431$46,831$40,191$20,403
15 years$67,330$57,632$49,144$41,765$35,388$16,935
16 years$62,468$52,876$44,556$37,396$31,276$14,094
17 years$58,183$48,697$40,544$33,600$27,731$11,755
18 years$54,378$44,998$37,012$30,280$24,657$9,822
19 years$50,978$41,704$33,883$27,361$21,978$8,219
20 years$47,921$38,753$31,096$24,780$19,631$6,886
21 years$45,160$36,097$28,602$22,490$17,567$5,775
22 years$42,652$33,695$26,361$20,448$15,747$4,847
23 years$40,366$31,514$24,340$18,623$14,135$4,072
24 years$38,274$29,527$22,510$16,985$12,705$3,422
25 years$36,352$27,710$20,849$15,512$11,433$2,878
26 years$34,581$26,043$19,336$14,183$10,298$2,421
27 years$32,943$24,509$17,956$12,982$9,285$2,038
28 years$31,426$23,095$16,692$11,894$8,378$1,715
29 years$30,015$21,787$15,533$10,907$7,565$1,444
30 years$28,702$20,576$14,469$10,010$6,835$1,217
31 years$27,475$19,451$13,489$9,194$6,180$1,025
32 years$26,327$18,405$12,585$8,449$5,590$863
33 years$25,251$17,429$11,751$7,770$5,059$728
34 years$24,241$16,519$10,979$7,149$4,580$613
35 years$23,290$15,668$10,265$6,581$4,149$517
36 years$22,394$14,871$9,603$6,061$3,759$435
37 years$21,549$14,124$8,988$5,584$3,407$367
38 years$20,750$13,423$8,417$5,147$3,089$309
39 years$19,993$12,764$7,886$4,746$2,801$261
40 years$19,277$12,144$7,391$4,377$2,540$220
41 years$18,597$11,560$6,931$4,039$2,305$185
42 years$17,951$11,009$6,501$3,727$2,091$156
43 years$17,337$10,490$6,100$3,441$1,898$132
44 years$16,753$9,999$5,726$3,177$1,723$111
45 years$16,196$9,535$5,377$2,934$1,564$94
46 years$15,665$9,096$5,050$2,710$1,420$79
47 years$15,158$8,680$4,744$2,504$1,289$67
48 years$14,673$8,286$4,458$2,314$1,171$56
49 years$14,210$7,913$4,191$2,138$1,064$47
50 years$13,767$7,559$3,940$1,976$966$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $14,100,000, adding $2,551 every year, while hoping to spend $48,856 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: 47/40/13 Blend
44$14,100,000$14,100,000$14,100,000$14,100,000
45$15,540,831$14,793,531$14,574,981$16,214,616
46$17,074,014$15,466,432$15,011,261$17,353,605
47$18,761,943$16,170,667$15,460,518$18,583,826
48$20,620,353$16,907,721$15,923,137$19,917,915
49$22,666,578$17,679,148$16,399,511$21,365,556
50$24,919,720$18,486,578$16,890,046$22,937,381
51$27,400,830$19,331,719$17,395,161$24,645,066
52$30,133,100$20,216,359$17,915,285$26,501,432
53$33,142,090$21,142,374$18,450,860$28,520,563
54$36,455,962$22,111,730$19,002,343$30,717,932
55$40,105,751$23,126,485$19,570,202$33,110,541
56$44,125,654$24,188,799$20,154,920$35,717,072
57$48,553,354$25,300,933$20,756,993$38,558,058
58$53,430,376$26,465,259$21,376,932$41,656,071
59$58,802,478$27,684,260$22,015,263$45,035,925
60$64,720,084$28,960,543$22,672,528$48,724,901
61$71,238,759$30,296,835$23,349,284$52,752,999
62$78,419,731$31,695,998$24,046,103$57,153,209
63$86,330,472$33,161,031$24,763,577$61,961,816
64$95,045,335$34,695,077$25,502,311$67,218,729
65$104,646,252$36,301,428$26,262,932$72,967,852
66$115,223,511$37,983,540$27,046,081$79,257,484
67$126,876,606$39,745,030$27,852,421$86,140,764
68$139,715,175$41,589,692$28,682,633$93,676,162
69$153,860,039$43,521,503$29,537,418$101,928,018
70$169,444,338$45,544,631$30,417,496$110,967,138
71$186,614,788$47,663,446$31,323,610$120,871,444
72$205,533,069$49,882,527$32,256,523$131,726,702
73$226,377,347$52,206,676$33,217,021$143,627,311
74$249,343,958$54,640,925$34,205,913$156,677,183
75$274,649,262$57,190,550$35,224,031$170,990,705
76$302,531,681$59,861,081$36,272,231$186,693,800
77$333,253,955$62,658,317$37,351,393$203,925,104
78$367,105,618$65,588,334$38,462,425$222,837,251
79$404,405,734$68,657,505$39,606,258$243,598,294
80$445,505,904$71,872,509$40,783,854$266,393,275
81$490,793,592$75,240,347$41,996,198$291,425,948
82$540,695,776$78,768,361$43,244,308$318,920,678
83$595,682,981$82,464,247$44,529,229$349,124,540
84$656,273,723$86,336,073$45,852,036$382,309,623
85$723,039,399$90,392,297$47,213,835$418,775,576
86$796,609,686$94,641,788$48,615,767$458,852,408
87$877,678,480$99,093,842$50,059,001$502,903,574
88$967,010,451$103,758,206$51,544,744$551,329,379
89$1,065,448,260$108,645,101$53,074,236$604,570,727
90$1,173,920,512$113,765,240$54,648,752$663,113,246
91$1,293,450,523$119,129,856$56,269,604$727,491,844
92$1,425,165,985$124,750,728$57,938,145$798,295,720
93$1,570,309,604$130,640,202$59,655,761$876,173,890
94$1,730,250,839$136,811,227$61,423,884$961,841,277
95$1,906,498,823$143,277,376$63,243,983$1,056,085,415
96$2,100,716,617$150,052,881$65,117,570$1,159,773,845
97$2,314,736,906$157,152,666$67,046,203$1,273,862,260
98$2,550,579,301$164,592,378$69,031,482$1,399,403,478
99$2,810,469,407$172,388,421$71,075,053$1,537,557,333
100$3,096,859,830$180,557,997$73,178,611$1,689,601,576