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%15.9%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,097,173
2 years$576,418$565,683$555,279$545,191$535,407$508,186
3 years$380,462$369,680$359,302$349,309$339,684$313,274
4 years$282,503$271,754$261,480$251,658$242,265$216,869
5 years$223,742$213,058$202,919$193,297$184,166$159,855
6 years$184,582$173,978$163,989$154,581$145,725$122,523
7 years$156,621$146,107$136,275$127,090$118,513$96,424
8 years$135,660$125,240$115,572$106,613$98,318$77,332
9 years$119,365$109,044$99,543$90,810$82,798$62,898
10 years$106,337$96,117$86,783$78,279$70,548$51,711
11 years$95,685$85,567$76,403$68,126$60,674$42,874
12 years$86,815$76,801$67,805$59,756$52,579$35,785
13 years$79,315$69,405$60,580$52,756$45,849$30,031
14 years$72,892$63,088$54,431$46,831$40,191$25,313
15 years$67,330$57,632$49,144$41,765$35,388$21,414
16 years$62,468$52,876$44,556$37,396$31,276$18,171
17 years$58,183$48,697$40,544$33,600$27,731$15,457
18 years$54,378$44,998$37,012$30,280$24,657$13,176
19 years$50,978$41,704$33,883$27,361$21,978$11,252
20 years$47,921$38,753$31,096$24,780$19,631$9,623
21 years$45,160$36,097$28,602$22,490$17,567$8,241
22 years$42,652$33,695$26,361$20,448$15,747$7,064
23 years$40,366$31,514$24,340$18,623$14,135$6,062
24 years$38,274$29,527$22,510$16,985$12,705$5,205
25 years$36,352$27,710$20,849$15,512$11,433$4,473
26 years$34,581$26,043$19,336$14,183$10,298$3,846
27 years$32,943$24,509$17,956$12,982$9,285$3,308
28 years$31,426$23,095$16,692$11,894$8,378$2,847
29 years$30,015$21,787$15,533$10,907$7,565$2,451
30 years$28,702$20,576$14,469$10,010$6,835$2,111
31 years$27,475$19,451$13,489$9,194$6,180$1,818
32 years$26,327$18,405$12,585$8,449$5,590$1,566
33 years$25,251$17,429$11,751$7,770$5,059$1,350
34 years$24,241$16,519$10,979$7,149$4,580$1,163
35 years$23,290$15,668$10,265$6,581$4,149$1,003
36 years$22,394$14,871$9,603$6,061$3,759$865
37 years$21,549$14,124$8,988$5,584$3,407$745
38 years$20,750$13,423$8,417$5,147$3,089$643
39 years$19,993$12,764$7,886$4,746$2,801$554
40 years$19,277$12,144$7,391$4,377$2,540$478
41 years$18,597$11,560$6,931$4,039$2,305$412
42 years$17,951$11,009$6,501$3,727$2,091$356
43 years$17,337$10,490$6,100$3,441$1,898$307
44 years$16,753$9,999$5,726$3,177$1,723$265
45 years$16,196$9,535$5,377$2,934$1,564$228
46 years$15,665$9,096$5,050$2,710$1,420$197
47 years$15,158$8,680$4,744$2,504$1,289$170
48 years$14,673$8,286$4,458$2,314$1,171$147
49 years$14,210$7,913$4,191$2,138$1,064$126
50 years$13,767$7,559$3,940$1,976$966$109

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 $6,171 every year, while hoping to spend $54,513 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: 52/31/17 Blend
44$14,100,000$14,100,000$14,100,000$14,100,000
45$15,544,565$14,797,265$14,578,715$16,280,517
46$17,072,110$15,464,330$15,009,101$17,453,159
47$18,753,636$16,162,254$15,452,077$18,721,663
48$20,604,794$16,892,491$15,908,009$20,100,160
49$22,642,826$17,656,566$16,377,270$21,599,094
50$24,886,732$18,456,076$16,860,247$23,229,939
51$27,357,448$19,292,693$17,357,334$25,005,307
52$30,078,044$20,168,171$17,868,941$26,939,058
53$33,073,940$21,084,346$18,395,486$29,046,431
54$36,373,147$22,043,144$18,937,400$31,344,180
55$40,006,531$23,046,582$19,495,126$33,850,725
56$44,008,106$24,096,773$20,069,121$36,586,326
57$48,415,350$25,195,932$20,659,853$39,573,261
58$53,269,562$26,346,379$21,267,806$42,836,037
59$58,616,254$27,550,548$21,893,473$46,401,612
60$64,505,574$28,810,987$22,537,367$50,299,641
61$70,992,784$30,130,367$23,200,010$54,562,752
62$78,138,780$31,511,487$23,881,942$59,226,847
63$86,010,667$32,957,281$24,583,719$64,331,432
64$94,682,390$34,470,824$25,305,909$69,919,979
65$104,235,437$36,055,337$26,049,100$76,040,336
66$114,759,601$37,714,197$26,813,894$82,745,162
67$126,353,832$39,450,945$27,600,911$90,092,419
68$139,127,171$41,269,289$28,410,789$98,145,911
69$153,199,775$43,173,117$29,244,184$106,975,872
70$168,704,056$45,166,504$30,101,768$116,659,624
71$185,785,928$47,253,721$30,984,236$127,282,292
72$204,606,184$49,439,245$31,892,299$138,937,597
73$225,342,014$51,727,767$32,826,690$151,728,732
74$248,188,678$54,124,206$33,788,162$165,769,319
75$273,361,347$56,633,716$34,777,490$181,184,475
76$301,097,137$59,261,701$35,795,469$198,111,973
77$331,657,345$62,013,824$36,842,917$216,703,531
78$365,329,916$64,896,023$37,920,677$237,126,234
79$402,432,161$67,914,521$39,029,612$259,564,088
80$443,313,749$71,075,841$40,170,612$284,219,747
81$488,360,016$74,386,821$41,344,592$311,316,407
82$537,995,591$77,854,630$42,552,490$341,099,896
83$592,688,416$81,486,781$43,795,272$373,840,974
84$652,954,152$85,291,151$45,073,932$409,837,875
85$719,361,057$89,275,998$46,389,490$449,419,096
86$792,535,342$93,449,979$47,742,994$492,946,481
87$873,167,086$97,822,168$49,135,524$540,818,616
88$962,016,753$102,402,078$50,568,188$593,474,563
89$1,059,922,364$107,199,682$52,042,125$651,397,988
90$1,167,807,414$112,225,435$53,558,505$715,121,695
91$1,286,689,588$117,490,300$55,118,533$785,232,635
92$1,417,690,367$123,005,765$56,723,445$862,377,416
93$1,562,045,616$128,783,880$58,374,512$947,268,379
94$1,721,117,252$134,837,273$60,073,041$1,040,690,296
95$1,896,406,099$141,179,186$61,820,375$1,143,507,740
96$2,089,566,057$147,823,502$63,617,894$1,256,673,220
97$2,302,419,717$154,784,776$65,467,015$1,381,236,136
98$2,536,975,564$162,078,266$67,369,196$1,518,352,649
99$2,795,446,943$169,719,972$69,325,936$1,669,296,561
100$3,080,272,948$177,726,668$71,338,771$1,835,471,297