Can I retire at age 45 with 14,500,000?

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 $14,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,151,378
2 years$592,771$581,731$571,031$560,658$550,595$545,677
3 years$391,255$380,167$369,495$359,219$349,320$344,507
4 years$290,517$279,463$268,898$258,797$249,138$244,468
5 years$230,090$219,103$208,676$198,781$189,391$184,877
6 years$189,818$178,914$168,641$158,967$149,859$145,507
7 years$161,064$150,252$140,141$130,695$121,875$117,688
8 years$139,508$128,793$118,851$109,637$101,107$97,085
9 years$122,752$112,138$102,366$93,386$85,147$81,289
10 years$109,354$98,844$89,245$80,500$72,549$68,854
11 years$98,400$87,995$78,570$70,059$62,395$58,860
12 years$89,277$78,980$69,729$61,451$54,070$50,692
13 years$81,565$71,374$62,298$54,252$47,150$43,926
14 years$74,959$64,877$55,975$48,159$41,332$38,258
15 years$69,240$59,267$50,538$42,949$36,392$33,465
16 years$64,240$54,376$45,820$38,457$32,163$29,379
17 years$59,834$50,078$41,695$34,553$28,518$25,873
18 years$55,921$46,275$38,062$31,139$25,357$22,847
19 years$52,424$42,887$34,844$28,137$22,601$20,221
20 years$49,281$39,852$31,978$25,483$20,188$17,933
21 years$46,441$37,121$29,413$23,128$18,066$15,933
22 years$43,862$34,651$27,109$21,028$16,193$14,177
23 years$41,511$32,408$25,030$19,151$14,536$12,632
24 years$39,360$30,365$23,149$17,467$13,065$11,269
25 years$37,383$28,496$21,441$15,952$11,757$10,063
26 years$35,562$26,781$19,885$14,585$10,590$8,995
27 years$33,878$25,204$18,465$13,350$9,548$8,047
28 years$32,317$23,750$17,166$12,232$8,615$7,204
29 years$30,867$22,405$15,974$11,217$7,779$6,454
30 years$29,516$21,160$14,879$10,294$7,029$5,785
31 years$28,254$20,003$13,871$9,454$6,355$5,188
32 years$27,074$18,927$12,942$8,689$5,749$4,655
33 years$25,967$17,924$12,084$7,990$5,202$4,179
34 years$24,928$16,988$11,291$7,352$4,710$3,752
35 years$23,951$16,113$10,556$6,768$4,266$3,371
36 years$23,029$15,293$9,875$6,233$3,865$3,029
37 years$22,160$14,525$9,243$5,743$3,503$2,722
38 years$21,338$13,804$8,656$5,293$3,176$2,447
39 years$20,561$13,126$8,109$4,881$2,880$2,200
40 years$19,824$12,489$7,601$4,502$2,612$1,979
41 years$19,125$11,888$7,127$4,153$2,370$1,780
42 years$18,461$11,322$6,686$3,833$2,151$1,601
43 years$17,829$10,787$6,273$3,538$1,952$1,441
44 years$17,228$10,282$5,889$3,267$1,772$1,297
45 years$16,655$9,805$5,529$3,017$1,608$1,167
46 years$16,109$9,354$5,193$2,787$1,460$1,050
47 years$15,588$8,926$4,879$2,575$1,326$945
48 years$15,089$8,521$4,585$2,379$1,204$851
49 years$14,613$8,138$4,310$2,199$1,094$766
50 years$14,157$7,773$4,052$2,032$993$690

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $14,500,000, adding $4,379 every year, while hoping to spend $29,993 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: 54/28/18 Blend
44$14,500,000$14,500,000$14,500,000$14,500,000
45$15,983,517$15,215,017$14,990,267$16,768,727
46$17,581,923$15,928,640$15,460,529$18,019,721
47$19,342,362$16,676,226$15,945,539$19,377,206
48$21,281,328$17,459,407$16,445,760$20,854,215
49$23,417,000$18,279,894$16,961,669$22,462,159
50$25,769,407$19,139,481$17,493,757$24,213,574
51$28,360,621$20,040,051$18,042,533$26,122,243
52$31,214,965$20,983,574$18,608,519$28,203,316
53$34,359,241$21,972,119$19,192,254$30,473,450
54$37,822,985$23,007,854$19,794,296$32,950,962
55$41,638,742$24,093,052$20,415,217$35,655,994
56$45,842,378$25,230,095$21,055,611$38,610,697
57$50,473,413$26,421,483$21,716,087$41,839,439
58$55,575,401$27,669,834$22,397,275$45,369,023
59$61,196,332$28,977,897$23,099,824$49,228,935
60$67,389,094$30,348,550$23,824,405$53,451,619
61$74,211,966$31,784,813$24,571,707$58,072,769
62$81,729,171$33,289,853$25,342,442$63,131,667
63$90,011,479$34,866,988$26,137,347$68,671,539
64$99,136,879$36,519,700$26,957,178$74,739,957
65$109,191,313$38,251,638$27,802,716$81,389,282
66$120,269,488$40,066,629$28,674,767$88,677,145
67$132,475,767$41,968,686$29,574,163$96,666,984
68$145,925,159$43,962,015$30,501,761$105,428,634
69$160,744,400$46,051,028$31,458,445$115,038,973
70$177,073,152$48,240,351$32,445,126$125,582,641
71$195,065,320$50,534,836$33,462,745$137,152,822
72$214,890,507$52,939,567$34,512,271$149,852,119
73$236,735,612$55,459,878$35,594,705$163,793,503
74$260,806,594$58,101,363$36,711,078$179,101,373
75$287,330,422$60,869,885$37,862,454$195,912,712
76$316,557,209$63,771,593$39,049,930$214,378,369
77$348,762,579$66,812,936$40,274,637$234,664,467
78$384,250,268$70,000,675$41,537,743$256,953,957
79$423,354,989$73,341,902$42,840,452$281,448,325
80$466,445,594$76,844,052$44,184,003$308,369,484
81$513,928,556$80,514,921$45,569,678$337,961,846
82$566,251,803$84,362,687$46,998,797$370,494,611
83$623,908,951$88,395,923$48,472,721$406,264,293
84$687,443,962$92,623,621$49,992,855$445,597,494
85$757,456,277$97,055,209$51,560,646$488,853,969
86$834,606,478$101,700,576$53,177,589$536,430,000
87$919,622,525$106,570,090$54,845,224$588,762,113
88$1,013,306,623$111,674,625$56,565,140$646,331,174
89$1,116,542,801$117,025,584$58,338,974$709,666,906
90$1,230,305,254$122,634,925$60,168,418$779,352,859
91$1,355,667,544$128,515,190$62,055,213$856,031,896
92$1,493,812,727$134,679,528$64,001,157$940,412,230
93$1,646,044,534$141,141,733$66,008,104$1,033,274,077
94$1,813,799,666$147,916,268$68,077,965$1,135,476,997
95$1,998,661,367$155,018,300$70,212,712$1,247,967,967
96$2,202,374,366$162,463,737$72,414,378$1,371,790,292
97$2,426,861,353$170,269,261$74,685,061$1,508,093,416
98$2,674,241,123$178,452,367$77,026,922$1,658,143,734
99$2,946,848,586$187,031,402$79,442,194$1,823,336,508
100$3,247,256,810$196,025,609$81,933,175$2,005,208,999