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%17.4%
1 years$1,172,623$1,162,178$1,151,987$1,142,040$1,132,328$1,098,281
2 years$580,506$569,695$559,217$549,058$539,204$505,189
3 years$383,160$372,302$361,850$351,787$342,093$309,177
4 years$284,506$273,681$263,334$253,443$243,984$212,418
5 years$225,329$214,569$204,358$194,668$185,472$155,344
6 years$185,891$175,212$165,152$155,678$146,758$118,092
7 years$157,732$147,143$137,242$127,991$119,354$92,150
8 years$136,622$126,129$116,392$107,369$99,015$73,257
9 years$120,212$109,818$100,248$91,454$83,385$59,045
10 years$107,092$96,799$87,399$78,834$71,048$48,091
11 years$96,364$86,174$76,945$68,610$61,104$39,491
12 years$87,430$77,345$68,286$60,180$52,951$32,638
13 years$79,877$69,898$61,009$53,130$46,175$27,114
14 years$73,408$63,535$54,817$47,163$40,476$22,620
15 years$67,807$58,040$49,493$42,061$35,639$18,935
16 years$62,911$53,251$44,872$37,661$31,498$15,895
17 years$58,596$49,042$40,832$33,838$27,928$13,375
18 years$54,764$45,317$37,274$30,495$24,832$11,275
19 years$51,339$41,999$34,123$27,555$22,133$9,521
20 years$48,261$39,028$31,316$24,956$19,770$8,050
21 years$45,480$36,353$28,805$22,649$17,692$6,815
22 years$42,955$33,934$26,548$20,593$15,858$5,774
23 years$40,653$31,738$24,513$18,755$14,235$4,896
24 years$38,545$29,736$22,670$17,105$12,795$4,155
25 years$36,610$27,906$20,997$15,622$11,514$3,528
26 years$34,826$26,227$19,474$14,284$10,371$2,997
27 years$33,177$24,683$18,083$13,074$9,350$2,547
28 years$31,649$23,259$16,810$11,979$8,437$2,165
29 years$30,228$21,942$15,644$10,985$7,618$1,841
30 years$28,905$20,722$14,571$10,081$6,884$1,566
31 years$27,670$19,589$13,584$9,259$6,224$1,332
32 years$26,514$18,535$12,675$8,509$5,630$1,134
33 years$25,430$17,553$11,834$7,825$5,095$965
34 years$24,412$16,636$11,057$7,200$4,613$821
35 years$23,455$15,779$10,338$6,628$4,178$699
36 years$22,553$14,977$9,671$6,104$3,785$595
37 years$21,701$14,225$9,052$5,624$3,431$507
38 years$20,897$13,518$8,476$5,184$3,110$431
39 years$20,135$12,855$7,942$4,780$2,821$367
40 years$19,414$12,230$7,444$4,408$2,558$313
41 years$18,729$11,642$6,980$4,067$2,321$266
42 years$18,079$11,087$6,547$3,754$2,106$227
43 years$17,460$10,564$6,144$3,465$1,911$193
44 years$16,872$10,070$5,767$3,199$1,735$165
45 years$16,311$9,602$5,415$2,955$1,575$140
46 years$15,776$9,160$5,086$2,729$1,430$119
47 years$15,265$8,742$4,778$2,522$1,299$102
48 years$14,777$8,345$4,490$2,330$1,179$87
49 years$14,311$7,969$4,220$2,153$1,071$74
50 years$13,864$7,612$3,968$1,990$973$63

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 $3,645 every year, while hoping to spend $51,753 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: 38/42/20 Blend
44$14,200,000$14,200,000$14,200,000$14,200,000
45$15,652,160$14,899,560$14,679,460$16,152,943
46$17,193,615$15,574,573$15,116,157$17,189,990
47$18,890,565$16,280,928$15,565,749$18,304,856
48$20,758,814$17,020,105$16,028,613$19,508,662
49$22,815,779$17,793,656$16,505,137$20,809,468
50$25,080,651$18,603,208$16,995,722$22,216,107
51$27,574,576$19,450,464$17,500,777$23,738,272
52$30,320,855$20,337,209$18,020,726$25,386,593
53$33,345,166$21,265,317$18,556,004$27,172,739
54$36,675,802$22,236,746$19,107,059$29,109,514
55$40,343,940$23,253,552$19,674,352$31,210,974
56$44,383,934$24,317,889$20,258,355$33,492,553
57$48,833,643$25,432,013$20,859,557$35,971,198
58$53,734,782$26,598,289$21,478,460$38,665,526
59$59,133,321$27,819,197$22,115,580$41,595,984
60$65,079,915$29,097,332$22,771,447$44,785,040
61$71,630,384$30,435,419$23,446,608$48,257,381
62$78,846,239$31,836,310$24,141,625$52,040,140
63$86,795,262$33,302,996$24,857,076$56,163,137
64$95,552,147$34,838,611$25,593,556$60,659,155
65$105,199,202$36,446,439$26,351,677$65,564,237
66$115,827,131$38,129,925$27,132,068$70,918,012
67$127,535,882$39,892,675$27,935,376$76,764,058
68$140,435,600$41,738,474$28,762,269$83,150,304
69$154,647,657$43,671,285$29,613,431$90,129,465
70$170,305,804$45,695,264$30,489,567$97,759,527
71$187,557,431$47,814,767$31,391,402$106,104,279
72$206,564,958$50,034,359$32,319,683$115,233,903
73$227,507,367$52,358,826$33,275,176$125,225,617
74$250,581,894$54,793,185$34,258,670$136,164,389
75$276,005,890$57,342,694$35,270,978$148,143,721
76$304,018,870$60,012,865$36,312,935$161,266,514
77$334,884,776$62,809,476$37,385,399$175,646,021
78$368,894,467$65,738,584$38,489,254$191,406,892
79$406,368,467$68,806,540$39,625,409$208,686,336
80$447,659,989$72,019,998$40,794,798$227,635,391
81$493,158,267$75,385,937$41,998,383$248,420,325
82$543,292,233$78,911,671$43,237,152$271,224,185
83$598,534,566$82,604,868$44,512,122$296,248,500
84$659,406,153$86,473,568$45,824,339$323,715,153
85$726,481,005$90,526,197$47,174,879$353,868,455
86$800,391,678$94,771,591$48,564,848$386,977,414
87$881,835,242$99,219,012$49,995,383$423,338,254
88$971,579,864$103,878,171$51,467,656$463,277,171
89$1,070,472,056$108,759,247$52,982,868$507,153,385
90$1,179,444,670$113,872,914$54,542,258$555,362,497
91$1,299,525,700$119,230,361$56,147,098$608,340,182
92$1,431,847,993$124,843,320$57,798,697$666,566,271
93$1,577,659,935$130,724,090$59,498,400$730,569,235
94$1,738,337,245$136,885,566$61,247,593$800,931,139
95$1,915,395,953$143,341,269$63,047,697$878,293,086
96$2,110,506,722$150,105,372$64,900,176$963,361,232
97$2,325,510,611$157,192,739$66,806,536$1,056,913,397
98$2,562,436,462$164,618,951$68,768,322$1,159,806,365
99$2,823,520,047$172,400,347$70,787,128$1,272,983,916
100$3,111,225,183$180,554,055$72,864,588$1,397,485,683