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%14.2%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,104,818
2 years$576,418$565,683$555,279$545,191$535,407$515,788
3 years$380,462$369,680$359,302$349,309$339,684$320,594
4 years$282,503$271,754$261,480$251,658$242,265$223,850
5 years$223,742$213,058$202,919$193,297$184,166$166,479
6 years$184,582$173,978$163,989$154,581$145,725$128,786
7 years$156,621$146,107$136,275$127,090$118,513$102,327
8 years$135,660$125,240$115,572$106,613$98,318$82,882
9 years$119,365$109,044$99,543$90,810$82,798$68,102
10 years$106,337$96,117$86,783$78,279$70,548$56,580
11 years$95,685$85,567$76,403$68,126$60,674$47,418
12 years$86,815$76,801$67,805$59,756$52,579$40,018
13 years$79,315$69,405$60,580$52,756$45,849$33,965
14 years$72,892$63,088$54,431$46,831$40,191$28,962
15 years$67,330$57,632$49,144$41,765$35,388$24,792
16 years$62,468$52,876$44,556$37,396$31,276$21,291
17 years$58,183$48,697$40,544$33,600$27,731$18,334
18 years$54,378$44,998$37,012$30,280$24,657$15,824
19 years$50,978$41,704$33,883$27,361$21,978$13,685
20 years$47,921$38,753$31,096$24,780$19,631$11,855
21 years$45,160$36,097$28,602$22,490$17,567$10,284
22 years$42,652$33,695$26,361$20,448$15,747$8,933
23 years$40,366$31,514$24,340$18,623$14,135$7,767
24 years$38,274$29,527$22,510$16,985$12,705$6,759
25 years$36,352$27,710$20,849$15,512$11,433$5,887
26 years$34,581$26,043$19,336$14,183$10,298$5,131
27 years$32,943$24,509$17,956$12,982$9,285$4,475
28 years$31,426$23,095$16,692$11,894$8,378$3,905
29 years$30,015$21,787$15,533$10,907$7,565$3,409
30 years$28,702$20,576$14,469$10,010$6,835$2,977
31 years$27,475$19,451$13,489$9,194$6,180$2,601
32 years$26,327$18,405$12,585$8,449$5,590$2,273
33 years$25,251$17,429$11,751$7,770$5,059$1,986
34 years$24,241$16,519$10,979$7,149$4,580$1,737
35 years$23,290$15,668$10,265$6,581$4,149$1,519
36 years$22,394$14,871$9,603$6,061$3,759$1,328
37 years$21,549$14,124$8,988$5,584$3,407$1,162
38 years$20,750$13,423$8,417$5,147$3,089$1,016
39 years$19,993$12,764$7,886$4,746$2,801$889
40 years$19,277$12,144$7,391$4,377$2,540$778
41 years$18,597$11,560$6,931$4,039$2,305$681
42 years$17,951$11,009$6,501$3,727$2,091$596
43 years$17,337$10,490$6,100$3,441$1,898$522
44 years$16,753$9,999$5,726$3,177$1,723$457
45 years$16,196$9,535$5,377$2,934$1,564$400
46 years$15,665$9,096$5,050$2,710$1,420$350
47 years$15,158$8,680$4,744$2,504$1,289$306
48 years$14,673$8,286$4,458$2,314$1,171$268
49 years$14,210$7,913$4,191$2,138$1,064$235
50 years$13,767$7,559$3,940$1,976$966$206

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 $3,987 every year, while hoping to spend $45,828 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: 37/40/23 Blend
44$14,100,000$14,100,000$14,100,000$14,100,000
45$15,542,313$14,795,013$14,576,463$16,009,840
46$17,078,868$15,471,208$15,016,013$17,028,009
47$18,770,616$16,179,000$15,468,753$18,122,511
48$20,633,338$16,919,890$15,935,076$19,303,845
49$22,684,423$17,695,450$16,415,385$20,579,857
50$24,943,033$18,507,326$16,910,100$21,959,152
51$27,430,283$19,357,245$17,419,649$23,451,165
52$30,169,438$20,247,017$17,944,473$25,066,246
53$33,186,137$21,178,537$18,485,030$26,815,754
54$36,508,632$22,153,793$19,041,786$28,712,154
55$40,168,052$23,174,869$19,615,226$30,769,127
56$44,198,702$24,243,947$20,205,845$33,001,694
57$48,638,385$25,363,315$20,814,156$35,426,352
58$53,528,754$26,535,372$21,440,684$38,061,216
59$58,915,713$27,762,631$22,085,973$40,926,185
60$64,849,843$29,047,727$22,750,580$44,043,124
61$71,386,883$30,393,421$23,435,081$47,436,053
62$78,588,255$31,802,609$24,140,066$51,131,374
63$86,521,644$33,278,324$24,866,146$55,158,101
64$95,261,637$34,823,747$25,613,947$59,548,130
65$104,890,425$36,442,212$26,384,115$64,336,527
66$115,498,580$38,137,212$27,177,315$69,561,846
67$127,185,911$39,912,412$27,994,231$75,266,483
68$140,062,404$41,771,650$28,835,567$81,497,062
69$154,249,260$43,718,952$29,702,050$88,304,864
70$169,880,042$45,758,537$30,594,425$95,746,295
71$187,101,929$47,894,829$31,513,462$103,883,405
72$206,077,114$50,132,463$32,459,951$112,784,461
73$226,984,328$52,476,302$33,434,707$122,524,571
74$250,020,529$54,931,440$34,438,570$133,186,381
75$275,402,762$57,503,220$35,472,401$144,860,837
76$303,370,208$60,197,242$36,537,090$157,648,022
77$334,186,438$63,019,376$37,633,552$171,658,087
78$368,141,906$65,975,777$38,762,727$187,012,268
79$405,556,689$69,072,898$39,925,587$203,844,010
80$446,783,505$72,317,504$41,123,128$222,300,208
81$492,211,047$75,716,686$42,356,377$242,542,567
82$542,267,651$79,277,881$43,626,393$264,749,109
83$597,425,337$83,008,883$44,934,263$289,115,825
84$658,204,269$86,917,865$46,281,108$315,858,502
85$725,177,660$91,013,397$47,668,081$345,214,733
86$798,977,189$95,304,460$49,096,369$377,446,129
87$880,298,959$99,800,476$50,567,194$412,840,763
88$969,910,071$104,511,318$52,081,814$451,715,857
89$1,068,655,867$109,447,340$53,641,523$494,420,741
90$1,177,467,905$114,619,400$55,247,653$541,340,122
91$1,297,372,759$120,038,878$56,901,577$592,897,677
92$1,429,501,706$125,717,709$58,604,706$649,560,017
93$1,575,101,409$131,668,406$60,358,493$711,841,053
94$1,735,545,684$137,904,089$62,164,434$780,306,804
95$1,912,348,469$144,438,514$64,024,067$855,580,703
96$2,107,178,117$151,286,106$65,938,978$938,349,434
97$2,321,873,147$158,461,987$67,910,796$1,029,369,367
98$2,558,459,601$165,982,017$69,941,200$1,129,473,656
99$2,819,170,168$173,862,824$72,031,918$1,239,580,044
100$3,106,465,265$182,121,842$74,184,727$1,360,699,481