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%18.9%
1 years$1,189,139$1,178,546$1,168,212$1,158,125$1,148,276$1,107,094
2 years$588,682$577,719$567,093$556,791$546,798$505,753
3 years$388,557$377,546$366,947$356,741$346,911$307,294
4 years$288,513$277,536$267,043$257,012$247,420$209,533
5 years$228,503$217,592$207,237$197,410$188,085$152,027
6 years$188,509$177,680$167,478$157,870$148,825$114,623
7 years$159,953$149,215$139,175$129,794$121,035$88,681
8 years$138,546$127,905$118,031$108,881$100,410$69,877
9 years$121,905$111,364$101,660$92,742$84,560$55,807
10 years$108,600$98,162$88,630$79,945$72,049$45,027
11 years$97,721$87,388$78,028$69,576$61,965$36,617
12 years$88,662$78,435$69,248$61,027$53,697$29,963
13 years$81,002$70,882$61,869$53,878$46,825$24,639
14 years$74,442$64,430$55,589$47,827$41,047$20,342
15 years$68,762$58,858$50,190$42,653$36,141$16,848
16 years$63,797$54,001$45,504$38,191$31,941$13,991
17 years$59,421$49,733$41,407$34,315$28,321$11,643
18 years$55,535$45,955$37,799$30,924$25,182$9,707
19 years$52,063$42,591$34,603$27,943$22,445$8,104
20 years$48,941$39,578$31,757$25,308$20,048$6,774
21 years$46,120$36,865$29,211$22,968$17,941$5,668
22 years$43,560$34,412$26,922$20,883$16,082$4,747
23 years$41,225$32,185$24,858$19,019$14,436$3,978
24 years$39,088$30,155$22,989$17,346$12,975$3,335
25 years$37,125$28,299$21,293$15,842$11,676$2,798
26 years$35,316$26,597$19,748$14,485$10,517$2,348
27 years$33,644$25,031$18,338$13,258$9,482$1,972
28 years$32,094$23,586$17,047$12,147$8,556$1,656
29 years$30,654$22,251$15,864$11,139$7,726$1,391
30 years$29,312$21,014$14,777$10,223$6,981$1,168
31 years$28,059$19,865$13,776$9,389$6,311$982
32 years$26,887$18,796$12,853$8,629$5,709$825
33 years$25,788$17,800$12,001$7,935$5,167$694
34 years$24,756$16,871$11,213$7,301$4,678$583
35 years$23,785$16,002$10,483$6,721$4,237$490
36 years$22,871$15,188$9,807$6,190$3,839$412
37 years$22,007$14,425$9,179$5,703$3,479$346
38 years$21,191$13,709$8,596$5,257$3,154$291
39 years$20,419$13,036$8,053$4,847$2,860$245
40 years$19,687$12,402$7,548$4,471$2,594$206
41 years$18,993$11,806$7,078$4,125$2,354$173
42 years$18,333$11,244$6,639$3,807$2,136$146
43 years$17,706$10,713$6,230$3,514$1,938$122
44 years$17,109$10,212$5,848$3,245$1,759$103
45 years$16,540$9,738$5,491$2,996$1,597$87
46 years$15,998$9,289$5,157$2,768$1,450$73
47 years$15,480$8,865$4,845$2,557$1,317$61
48 years$14,985$8,463$4,553$2,363$1,196$52
49 years$14,512$8,081$4,280$2,184$1,086$43
50 years$14,059$7,720$4,024$2,018$987$36

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 $2,630 every year, while hoping to spend $34,454 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: 34/37/29 Blend
44$14,400,000$14,400,000$14,400,000$14,400,000
45$15,871,513$15,108,313$14,885,113$16,271,850
46$17,453,748$15,811,961$15,347,105$17,278,717
47$19,196,217$16,548,934$15,823,420$18,360,457
48$21,115,227$17,320,827$16,314,500$19,526,325
49$23,228,746$18,129,314$16,820,802$20,783,840
50$25,556,578$18,976,150$17,342,798$22,141,243
51$28,120,541$19,863,173$17,880,974$23,607,571
52$30,944,680$20,792,313$18,435,830$25,192,729
53$34,055,490$21,765,589$19,007,883$26,907,584
54$37,482,168$22,785,120$19,597,665$28,764,059
55$41,256,887$23,853,129$20,205,725$30,775,234
56$45,415,101$24,971,944$20,832,629$32,955,467
57$49,995,878$26,144,006$21,478,958$35,320,519
58$55,042,270$27,371,875$22,145,316$37,887,692
59$60,601,719$28,658,234$22,832,321$40,675,992
60$66,726,503$30,005,896$23,540,613$43,706,288
61$73,474,233$31,417,812$24,270,850$47,001,508
62$80,908,392$32,897,072$25,023,711$50,586,843
63$89,098,939$34,446,920$25,799,896$54,489,973
64$98,122,965$36,070,753$26,600,127$58,741,317
65$108,065,424$37,772,137$27,425,148$63,374,313
66$119,019,932$39,554,806$28,275,725$68,425,716
67$131,089,653$41,422,679$29,152,650$73,935,938
68$144,388,270$43,379,863$30,056,736$79,949,413
69$159,041,062$45,430,665$30,988,825$86,515,002
70$175,186,081$47,579,599$31,949,782$93,686,445
71$192,975,462$49,831,400$32,940,501$101,522,847
72$212,576,853$52,191,032$33,961,901$110,089,225
73$234,174,999$54,663,699$35,014,932$119,457,106
74$257,973,488$57,254,860$36,100,571$129,705,180
75$284,196,671$59,970,235$37,219,827$140,920,031
76$313,091,780$62,815,826$38,373,740$153,196,932
77$344,931,263$65,797,922$39,563,382$166,640,727
78$380,015,352$68,923,121$40,789,856$181,366,798
79$418,674,904$72,198,339$42,054,301$197,502,137
80$461,274,516$75,630,829$43,357,892$215,186,519
81$508,215,973$79,228,197$44,701,838$234,573,799
82$559,942,041$82,998,417$46,087,388$255,833,341
83$616,940,640$86,949,850$47,515,827$279,151,591
84$679,749,459$91,091,266$48,988,480$304,733,811
85$748,961,024$95,431,859$50,506,715$332,805,987
86$825,228,299$99,981,271$52,071,940$363,616,936
87$909,270,843$104,749,610$53,685,608$397,440,622
88$1,001,881,608$109,747,481$55,349,215$434,578,713
89$1,103,934,423$114,985,998$57,064,305$475,363,391
90$1,216,392,244$120,476,821$58,832,468$520,160,459
91$1,340,316,242$126,232,175$60,655,345$569,372,754
92$1,476,875,825$132,264,878$62,534,626$623,443,912
93$1,627,359,677$138,588,374$64,472,053$682,862,517
94$1,793,187,921$145,216,762$66,469,424$748,166,672
95$1,975,925,528$152,164,823$68,528,590$819,949,033
96$2,177,297,094$159,448,061$70,651,459$898,862,360
97$2,399,203,115$167,082,734$72,840,000$985,625,632
98$2,643,737,934$175,085,889$75,096,242$1,081,030,784
99$2,913,209,512$183,475,406$77,422,275$1,185,950,127
100$3,210,161,216$192,270,035$79,820,254$1,301,344,535