Can I retire at age 45 with 14,400,000?

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 $14,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$1,189,139$1,178,546$1,168,212$1,158,125$1,148,276$1,131,584
2 years$588,682$577,719$567,093$556,791$546,798$530,016
3 years$388,557$377,546$366,947$356,741$346,911$330,561
4 years$288,513$277,536$267,043$257,012$247,420$231,627
5 years$228,503$217,592$207,237$197,410$188,085$172,896
6 years$188,509$177,680$167,478$157,870$148,825$134,258
7 years$159,953$149,215$139,175$129,794$121,035$107,094
8 years$138,546$127,905$118,031$108,881$100,410$87,094
9 years$121,905$111,364$101,660$92,742$84,560$71,861
10 years$108,600$98,162$88,630$79,945$72,049$59,959
11 years$97,721$87,388$78,028$69,576$61,965$50,471
12 years$88,662$78,435$69,248$61,027$53,697$42,787
13 years$81,002$70,882$61,869$53,878$46,825$36,482
14 years$74,442$64,430$55,589$47,827$41,047$31,255
15 years$68,762$58,858$50,190$42,653$36,141$26,883
16 years$63,797$54,001$45,504$38,191$31,941$23,200
17 years$59,421$49,733$41,407$34,315$28,321$20,078
18 years$55,535$45,955$37,799$30,924$25,182$17,418
19 years$52,063$42,591$34,603$27,943$22,445$15,141
20 years$48,941$39,578$31,757$25,308$20,048$13,184
21 years$46,120$36,865$29,211$22,968$17,941$11,498
22 years$43,560$34,412$26,922$20,883$16,082$10,041
23 years$41,225$32,185$24,858$19,019$14,436$8,778
24 years$39,088$30,155$22,989$17,346$12,975$7,681
25 years$37,125$28,299$21,293$15,842$11,676$6,727
26 years$35,316$26,597$19,748$14,485$10,517$5,896
27 years$33,644$25,031$18,338$13,258$9,482$5,171
28 years$32,094$23,586$17,047$12,147$8,556$4,538
29 years$30,654$22,251$15,864$11,139$7,726$3,984
30 years$29,312$21,014$14,777$10,223$6,981$3,499
31 years$28,059$19,865$13,776$9,389$6,311$3,075
32 years$26,887$18,796$12,853$8,629$5,709$2,703
33 years$25,788$17,800$12,001$7,935$5,167$2,376
34 years$24,756$16,871$11,213$7,301$4,678$2,090
35 years$23,785$16,002$10,483$6,721$4,237$1,838
36 years$22,871$15,188$9,807$6,190$3,839$1,617
37 years$22,007$14,425$9,179$5,703$3,479$1,423
38 years$21,191$13,709$8,596$5,257$3,154$1,252
39 years$20,419$13,036$8,053$4,847$2,860$1,102
40 years$19,687$12,402$7,548$4,471$2,594$970
41 years$18,993$11,806$7,078$4,125$2,354$854
42 years$18,333$11,244$6,639$3,807$2,136$752
43 years$17,706$10,713$6,230$3,514$1,938$662
44 years$17,109$10,212$5,848$3,245$1,759$583
45 years$16,540$9,738$5,491$2,996$1,597$514
46 years$15,998$9,289$5,157$2,768$1,450$452
47 years$15,480$8,865$4,845$2,557$1,317$398
48 years$14,985$8,463$4,553$2,363$1,196$351
49 years$14,512$8,081$4,280$2,184$1,086$309
50 years$14,059$7,720$4,024$2,018$987$272

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $14,400,000, adding $5,844 every year, while hoping to spend $20,848 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: 39/32/29 Blend
44$14,400,000$14,400,000$14,400,000$14,400,000
45$15,874,828$15,111,628$14,888,428$16,357,247
46$17,471,878$15,829,916$15,365,008$17,429,419
47$19,231,129$16,582,701$15,856,855$18,585,664
48$21,169,103$17,371,652$16,364,458$19,835,585
49$23,304,006$18,198,517$16,888,323$21,187,744
50$25,655,903$19,065,133$17,428,970$22,651,538
51$28,246,902$19,973,421$17,986,937$24,237,275
52$31,101,367$20,925,400$18,562,781$25,956,269
53$34,246,146$21,923,184$19,157,073$27,820,942
54$37,710,824$22,968,992$19,770,406$29,844,929
55$41,528,004$24,065,148$20,403,391$32,043,208
56$45,733,613$25,214,092$21,056,657$34,432,226
57$50,367,241$26,418,382$21,730,854$37,030,052
58$55,472,516$27,680,699$22,426,654$39,856,537
59$61,097,515$29,003,856$23,144,750$42,933,497
60$67,295,218$30,390,802$23,885,856$46,284,905
61$74,124,009$31,844,630$24,650,710$49,937,112
62$81,648,224$33,368,582$25,440,075$53,919,086
63$89,938,760$34,966,061$26,254,735$58,262,675
64$99,073,748$36,640,632$27,095,503$63,002,898
65$109,139,284$38,396,036$27,963,215$68,178,264
66$120,230,244$40,236,195$28,858,736$73,831,125
67$132,451,183$42,165,223$29,782,958$80,008,064
68$145,917,318$44,187,433$30,736,801$86,760,323
69$160,755,616$46,307,349$31,721,216$94,144,274
70$177,105,994$48,529,715$32,737,182$102,221,937
71$195,122,640$50,859,506$33,785,713$111,061,551
72$214,975,467$53,301,939$34,867,852$120,738,207
73$236,851,717$55,862,486$35,984,677$131,334,538
74$260,957,731$58,546,887$37,137,302$142,941,484
75$287,520,893$61,361,157$38,326,875$155,659,136
76$316,791,779$64,311,609$39,554,581$169,597,659
77$349,046,524$67,404,862$40,821,643$184,878,319
78$384,589,426$70,647,857$42,129,324$201,634,607
79$423,755,819$74,047,873$43,478,928$220,013,476
80$466,915,239$77,612,545$44,871,799$240,176,712
81$514,474,915$81,349,881$46,309,325$262,302,437
82$566,883,608$85,268,277$47,792,940$286,586,769
83$624,635,855$89,376,541$49,324,121$313,245,649
84$688,276,629$93,683,909$50,904,396$342,516,853
85$758,406,491$98,200,066$52,535,340$374,662,215
86$835,687,257$102,935,174$54,218,578$409,970,068
87$920,848,246$107,899,885$55,955,788$448,757,938
88$1,014,693,163$113,105,376$57,748,703$491,375,511
89$1,118,107,691$118,563,365$59,599,111$538,207,907
90$1,232,067,850$124,286,144$61,508,855$589,679,279
91$1,357,649,209$130,286,604$63,479,841$646,256,782
92$1,496,037,047$136,578,266$65,514,033$708,454,954
93$1,648,537,533$143,175,309$67,613,461$776,840,528
94$1,816,590,068$150,092,605$69,780,219$852,037,750
95$2,001,780,865$157,345,753$72,016,466$934,734,226
96$2,205,857,929$164,951,111$74,324,434$1,025,687,374
97$2,430,747,560$172,925,837$76,706,424$1,125,731,528
98$2,678,572,535$181,287,927$79,164,813$1,235,785,769
99$2,951,672,152$190,056,253$81,702,052$1,356,862,552
100$3,252,624,314$199,250,613$84,320,674$1,490,077,211