Can I retire at age 45 with 14,200,000?

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 $14,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$1,172,623$1,162,178$1,151,987$1,142,040$1,132,328$1,104,506
2 years$580,506$569,695$559,217$549,058$539,204$511,345
3 years$383,160$372,302$361,850$351,787$342,093$315,069
4 years$284,506$273,681$263,334$253,443$243,984$218,002
5 years$225,329$214,569$204,358$194,668$185,472$160,606
6 years$185,891$175,212$165,152$155,678$146,758$123,031
7 years$157,732$147,143$137,242$127,991$119,354$96,769
8 years$136,622$126,129$116,392$107,369$99,015$77,563
9 years$120,212$109,818$100,248$91,454$83,385$63,048
10 years$107,092$96,799$87,399$78,834$71,048$51,803
11 years$96,364$86,174$76,945$68,610$61,104$42,922
12 years$87,430$77,345$68,286$60,180$52,951$35,802
13 years$79,877$69,898$61,009$53,130$46,175$30,025
14 years$73,408$63,535$54,817$47,163$40,476$25,291
15 years$67,807$58,040$49,493$42,061$35,639$21,380
16 years$62,911$53,251$44,872$37,661$31,498$18,129
17 years$58,596$49,042$40,832$33,838$27,928$15,410
18 years$54,764$45,317$37,274$30,495$24,832$13,127
19 years$51,339$41,999$34,123$27,555$22,133$11,202
20 years$48,261$39,028$31,316$24,956$19,770$9,573
21 years$45,480$36,353$28,805$22,649$17,692$8,191
22 years$42,955$33,934$26,548$20,593$15,858$7,017
23 years$40,653$31,738$24,513$18,755$14,235$6,016
24 years$38,545$29,736$22,670$17,105$12,795$5,162
25 years$36,610$27,906$20,997$15,622$11,514$4,432
26 years$34,826$26,227$19,474$14,284$10,371$3,807
27 years$33,177$24,683$18,083$13,074$9,350$3,273
28 years$31,649$23,259$16,810$11,979$8,437$2,814
29 years$30,228$21,942$15,644$10,985$7,618$2,421
30 years$28,905$20,722$14,571$10,081$6,884$2,083
31 years$27,670$19,589$13,584$9,259$6,224$1,793
32 years$26,514$18,535$12,675$8,509$5,630$1,543
33 years$25,430$17,553$11,834$7,825$5,095$1,329
34 years$24,412$16,636$11,057$7,200$4,613$1,144
35 years$23,455$15,779$10,338$6,628$4,178$986
36 years$22,553$14,977$9,671$6,104$3,785$849
37 years$21,701$14,225$9,052$5,624$3,431$731
38 years$20,897$13,518$8,476$5,184$3,110$630
39 years$20,135$12,855$7,942$4,780$2,821$543
40 years$19,414$12,230$7,444$4,408$2,558$468
41 years$18,729$11,642$6,980$4,067$2,321$403
42 years$18,079$11,087$6,547$3,754$2,106$347
43 years$17,460$10,564$6,144$3,465$1,911$299
44 years$16,872$10,070$5,767$3,199$1,735$258
45 years$16,311$9,602$5,415$2,955$1,575$222
46 years$15,776$9,160$5,086$2,729$1,430$192
47 years$15,265$8,742$4,778$2,522$1,299$165
48 years$14,777$8,345$4,490$2,330$1,179$142
49 years$14,311$7,969$4,220$2,153$1,071$123
50 years$13,864$7,612$3,968$1,990$973$106

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $14,200,000, adding $3,687 every year, while hoping to spend $55,337 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: 70/11/19 Blend
44$14,200,000$14,200,000$14,200,000$14,200,000
45$15,652,203$14,899,603$14,679,503$16,675,599
46$17,189,850$15,570,806$15,112,388$18,029,405
47$18,882,482$16,273,042$15,557,921$19,503,774
48$20,745,849$17,007,775$16,016,465$21,116,157
49$22,797,306$17,776,537$16,488,397$22,880,194
50$25,055,977$18,580,933$16,974,104$24,810,897
51$27,542,932$19,422,644$17,473,982$26,924,792
52$30,281,391$20,303,434$17,988,440$29,240,076
53$33,296,939$21,225,148$18,517,899$31,776,779
54$36,617,768$22,189,721$19,062,790$34,556,958
55$40,274,945$23,199,182$19,623,558$37,604,899
56$44,302,702$24,255,655$20,200,660$40,947,343
57$48,738,761$25,361,366$20,794,566$44,613,740
58$53,624,690$26,518,648$21,405,759$48,636,518
59$59,006,293$27,729,946$22,034,736$53,051,391
60$64,934,043$28,997,822$22,682,008$57,897,690
61$71,463,561$30,324,960$23,348,101$63,218,734
62$78,656,136$31,714,176$24,033,554$69,062,233
63$86,579,308$33,168,416$24,738,924$75,480,735
64$95,307,501$34,690,772$25,464,782$82,532,122
65$104,922,728$36,284,482$26,211,714$90,280,148
66$115,515,365$37,952,941$26,980,326$98,795,038
67$127,185,003$39,699,705$27,771,237$108,154,150
68$140,041,386$41,528,504$28,585,087$118,442,697
69$154,205,451$43,443,244$29,422,531$129,754,548
70$169,810,466$45,448,022$30,284,244$142,193,113
71$187,003,289$47,547,130$31,170,921$155,872,309
72$205,945,752$49,745,067$32,083,275$170,917,634
73$226,816,192$52,046,548$33,022,038$187,467,345
74$249,811,132$54,456,518$33,987,965$205,673,759
75$275,147,136$56,980,156$34,981,831$225,704,684
76$303,062,854$59,622,894$36,004,432$247,744,996
77$333,821,273$62,390,423$37,056,588$271,998,383
78$367,712,199$65,288,710$38,139,140$298,689,255
79$405,054,996$68,324,010$39,252,954$328,064,863
80$446,201,597$71,502,878$40,398,920$360,397,617
81$491,539,828$74,832,187$41,577,951$395,987,661
82$541,497,067$78,319,141$42,790,989$435,165,689
83$596,544,280$81,971,291$44,038,999$478,296,067
84$657,200,466$85,796,553$45,322,975$525,780,260
85$724,037,556$89,803,226$46,643,937$578,060,613
86$797,685,812$94,000,010$48,002,934$635,624,521
87$878,839,778$98,396,024$49,401,046$699,009,020
88$968,264,833$103,000,827$50,839,379$768,805,844
89$1,066,804,422$107,824,443$52,319,073$845,667,007
90$1,175,388,010$112,877,378$53,841,300$930,310,943
91$1,295,039,865$118,170,647$55,407,261$1,023,529,278
92$1,426,888,721$123,715,799$57,018,194$1,126,194,294
93$1,572,178,436$129,524,939$58,675,369$1,239,267,150
94$1,732,279,735$135,610,759$60,380,092$1,363,806,945
95$1,908,703,148$141,986,566$62,133,705$1,500,980,702
96$2,103,113,271$148,666,310$63,937,587$1,652,074,371
97$2,317,344,483$155,664,617$65,793,154$1,818,504,958
98$2,553,418,258$162,996,821$67,701,863$2,001,833,885
99$2,813,562,255$170,679,000$69,665,210$2,203,781,717
100$3,100,231,343$178,728,009$71,684,732$2,426,244,388