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

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,086,624
2 years$576,418$565,683$555,279$545,191$535,407$497,766
3 years$380,462$369,680$359,302$349,309$339,684$303,315
4 years$282,503$271,754$261,480$251,658$242,265$207,447
5 years$223,742$213,058$202,919$193,297$184,166$150,990
6 years$184,582$173,978$163,989$154,581$145,725$114,217
7 years$156,621$146,107$136,275$127,090$118,513$88,670
8 years$135,660$125,240$115,572$106,613$98,318$70,117
9 years$119,365$109,044$99,543$90,810$82,798$56,205
10 years$106,337$96,117$86,783$78,279$70,548$45,520
11 years$95,685$85,567$76,403$68,126$60,674$37,163
12 years$86,815$76,801$67,805$59,756$52,579$30,531
13 years$79,315$69,405$60,580$52,756$45,849$25,210
14 years$72,892$63,088$54,431$46,831$40,191$20,900
15 years$67,330$57,632$49,144$41,765$35,388$17,384
16 years$62,468$52,876$44,556$37,396$31,276$14,499
17 years$58,183$48,697$40,544$33,600$27,731$12,119
18 years$54,378$44,998$37,012$30,280$24,657$10,149
19 years$50,978$41,704$33,883$27,361$21,978$8,512
20 years$47,921$38,753$31,096$24,780$19,631$7,148
21 years$45,160$36,097$28,602$22,490$17,567$6,009
22 years$42,652$33,695$26,361$20,448$15,747$5,056
23 years$40,366$31,514$24,340$18,623$14,135$4,257
24 years$38,274$29,527$22,510$16,985$12,705$3,586
25 years$36,352$27,710$20,849$15,512$11,433$3,023
26 years$34,581$26,043$19,336$14,183$10,298$2,550
27 years$32,943$24,509$17,956$12,982$9,285$2,151
28 years$31,426$23,095$16,692$11,894$8,378$1,815
29 years$30,015$21,787$15,533$10,907$7,565$1,532
30 years$28,702$20,576$14,469$10,010$6,835$1,294
31 years$27,475$19,451$13,489$9,194$6,180$1,092
32 years$26,327$18,405$12,585$8,449$5,590$923
33 years$25,251$17,429$11,751$7,770$5,059$779
34 years$24,241$16,519$10,979$7,149$4,580$658
35 years$23,290$15,668$10,265$6,581$4,149$556
36 years$22,394$14,871$9,603$6,061$3,759$470
37 years$21,549$14,124$8,988$5,584$3,407$397
38 years$20,750$13,423$8,417$5,147$3,089$336
39 years$19,993$12,764$7,886$4,746$2,801$284
40 years$19,277$12,144$7,391$4,377$2,540$240
41 years$18,597$11,560$6,931$4,039$2,305$203
42 years$17,951$11,009$6,501$3,727$2,091$171
43 years$17,337$10,490$6,100$3,441$1,898$145
44 years$16,753$9,999$5,726$3,177$1,723$122
45 years$16,196$9,535$5,377$2,934$1,564$103
46 years$15,665$9,096$5,050$2,710$1,420$87
47 years$15,158$8,680$4,744$2,504$1,289$74
48 years$14,673$8,286$4,458$2,314$1,171$62
49 years$14,210$7,913$4,191$2,138$1,064$53
50 years$13,767$7,559$3,940$1,976$966$45

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 $4,235 every year, while hoping to spend $38,360 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: 62/30/8 Blend
44$14,100,000$14,100,000$14,100,000$14,100,000
45$15,542,568$14,795,268$14,576,718$16,480,226
46$17,087,096$15,479,422$15,024,224$17,791,455
47$18,787,879$16,195,813$15,485,435$19,217,183
48$20,660,816$16,945,981$15,960,770$20,772,334
49$22,723,425$17,731,540$16,450,662$22,469,420
50$24,995,009$18,554,180$16,955,553$24,322,200
51$27,496,838$19,415,674$17,475,903$26,345,803
52$30,252,354$20,317,879$18,012,184$28,556,866
53$33,287,383$21,262,744$18,564,881$30,973,690
54$36,630,387$22,252,311$19,134,496$33,616,405
55$40,312,731$23,288,718$19,721,546$36,507,157
56$44,368,974$24,374,209$20,326,562$39,670,308
57$48,837,200$25,511,137$20,950,093$43,132,665
58$53,759,378$26,701,965$21,592,704$46,923,724
59$59,181,752$27,949,279$22,254,977$51,075,944
60$65,155,284$29,255,787$22,937,512$55,625,045
61$71,736,131$30,624,329$23,640,927$60,610,342
62$78,986,178$32,057,883$24,365,860$66,075,106
63$86,973,618$33,559,569$25,112,966$72,066,966
64$95,773,598$35,132,659$25,882,921$78,638,352
65$105,468,930$36,780,584$26,676,424$85,846,980
66$116,150,868$38,506,940$27,494,191$93,756,391
67$127,919,973$40,315,496$28,336,963$102,436,540
68$140,887,060$42,210,206$29,205,502$111,964,448
69$155,174,247$44,195,213$30,100,593$122,424,918
70$170,916,104$46,274,861$31,023,046$133,911,330
71$188,260,923$48,453,706$31,973,694$146,526,504
72$207,372,122$50,736,523$32,953,398$160,383,669
73$228,429,784$53,128,318$33,963,043$175,607,514
74$251,632,358$55,634,341$35,003,540$192,335,353
75$277,198,529$58,260,095$36,075,830$210,718,413
76$305,369,290$61,011,351$37,180,881$230,923,245
77$336,410,209$63,894,158$38,319,692$253,133,281
78$370,613,939$66,914,860$39,493,290$277,550,557
79$408,302,981$70,080,108$40,702,735$304,397,598
80$449,832,727$73,396,876$41,949,119$333,919,508
81$495,594,817$76,872,475$43,233,566$366,386,265
82$546,020,834$80,514,571$44,557,236$402,095,252
83$601,586,377$84,331,203$45,921,322$441,374,047
84$662,815,556$88,330,800$47,327,054$484,583,497
85$730,285,933$92,522,200$48,775,701$532,121,101
86$804,633,978$96,914,668$50,268,567$584,424,748
87$886,561,080$101,517,923$51,807,000$641,976,820
88$976,840,160$106,342,151$53,392,384$705,308,733
89$1,076,322,977$111,398,037$55,026,150$775,005,921
90$1,185,948,162$116,696,782$56,709,768$851,713,343
91$1,306,750,084$122,250,134$58,444,754$936,141,542
92$1,439,868,611$128,070,409$60,232,672$1,029,073,329
93$1,586,559,874$134,170,523$62,075,130$1,131,371,139
94$1,748,208,122$140,564,020$63,973,788$1,243,985,148
95$1,926,338,794$147,265,101$65,930,354$1,367,962,207
96$2,122,632,918$154,288,658$67,946,588$1,504,455,694
97$2,338,942,982$161,650,308$70,024,305$1,654,736,367
98$2,577,310,419$169,366,426$72,165,372$1,820,204,325
99$2,839,984,885$177,454,185$74,371,716$2,002,402,185
100$3,129,445,495$185,931,591$76,645,319$2,203,029,609