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%15%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,132,442
2 years$592,771$581,731$571,031$560,658$550,595$526,717
3 years$391,255$380,167$369,495$359,219$349,320$326,117
4 years$290,517$279,463$268,898$258,797$249,138$226,789
5 years$230,090$219,103$208,676$198,781$189,391$167,959
6 years$189,818$178,914$168,641$158,967$149,859$129,367
7 years$161,064$150,252$140,141$130,695$121,875$102,328
8 years$139,508$128,793$118,851$109,637$101,107$82,498
9 years$122,752$112,138$102,366$93,386$85,147$67,464
10 years$109,354$98,844$89,245$80,500$72,549$55,775
11 years$98,400$87,995$78,570$70,059$62,395$46,508
12 years$89,277$78,980$69,729$61,451$54,070$39,047
13 years$81,565$71,374$62,298$54,252$47,150$32,966
14 years$74,959$64,877$55,975$48,159$41,332$27,958
15 years$69,240$59,267$50,538$42,949$36,392$23,801
16 years$64,240$54,376$45,820$38,457$32,163$20,325
17 years$59,834$50,078$41,695$34,553$28,518$17,402
18 years$55,921$46,275$38,062$31,139$25,357$14,933
19 years$52,424$42,887$34,844$28,137$22,601$12,838
20 years$49,281$39,852$31,978$25,483$20,188$11,054
21 years$46,441$37,121$29,413$23,128$18,066$9,532
22 years$43,862$34,651$27,109$21,028$16,193$8,228
23 years$41,511$32,408$25,030$19,151$14,536$7,110
24 years$39,360$30,365$23,149$17,467$13,065$6,149
25 years$37,383$28,496$21,441$15,952$11,757$5,322
26 years$35,562$26,781$19,885$14,585$10,590$4,609
27 years$33,878$25,204$18,465$13,350$9,548$3,994
28 years$32,317$23,750$17,166$12,232$8,615$3,462
29 years$30,867$22,405$15,974$11,217$7,779$3,002
30 years$29,516$21,160$14,879$10,294$7,029$2,605
31 years$28,254$20,003$13,871$9,454$6,355$2,261
32 years$27,074$18,927$12,942$8,689$5,749$1,962
33 years$25,967$17,924$12,084$7,990$5,202$1,704
34 years$24,928$16,988$11,291$7,352$4,710$1,480
35 years$23,951$16,113$10,556$6,768$4,266$1,285
36 years$23,029$15,293$9,875$6,233$3,865$1,116
37 years$22,160$14,525$9,243$5,743$3,503$970
38 years$21,338$13,804$8,656$5,293$3,176$843
39 years$20,561$13,126$8,109$4,881$2,880$732
40 years$19,824$12,489$7,601$4,502$2,612$637
41 years$19,125$11,888$7,127$4,153$2,370$553
42 years$18,461$11,322$6,686$3,833$2,151$481
43 years$17,829$10,787$6,273$3,538$1,952$418
44 years$17,228$10,282$5,889$3,267$1,772$363
45 years$16,655$9,805$5,529$3,017$1,608$316
46 years$16,109$9,354$5,193$2,787$1,460$275
47 years$15,588$8,926$4,879$2,575$1,326$239
48 years$15,089$8,521$4,585$2,379$1,204$208
49 years$14,613$8,138$4,310$2,199$1,094$180
50 years$14,157$7,773$4,052$2,032$993$157

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 $6,729 every year, while hoping to spend $53,953 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: 53/41/6 Blend
44$14,500,000$14,500,000$14,500,000$14,500,000
45$15,985,941$15,217,441$14,992,691$16,810,786
46$17,559,101$15,905,690$15,437,541$18,058,101
47$19,290,916$16,625,855$15,895,484$19,407,855
48$21,197,510$17,379,443$16,366,904$20,874,906
49$23,296,653$18,168,032$16,852,192$22,470,335
50$25,607,924$18,993,278$17,351,753$24,206,315
51$28,152,898$19,856,914$17,866,002$26,096,218
52$30,955,347$20,760,757$18,395,367$28,154,736
53$34,041,468$21,706,709$18,940,287$30,398,017
54$37,440,126$22,696,767$19,501,215$32,843,806
55$41,183,130$23,733,020$20,078,617$35,511,608
56$45,305,530$24,817,658$20,672,972$38,422,867
57$49,845,949$25,952,979$21,284,771$41,601,160
58$54,846,948$27,141,386$21,914,523$45,072,410
59$60,355,424$28,385,402$22,562,747$48,865,126
60$66,423,059$29,687,668$23,229,981$53,010,662
61$73,106,802$31,050,954$23,916,775$57,543,505
62$80,469,406$32,478,162$24,623,698$62,501,591
63$88,580,027$33,972,333$25,351,333$67,926,654
64$97,514,866$35,536,654$26,100,280$73,864,611
65$107,357,900$37,174,467$26,871,156$80,365,983
66$118,201,663$38,889,273$27,664,597$87,486,362
67$130,148,127$40,684,742$28,481,255$95,286,924
68$143,309,662$42,564,721$29,321,804$103,834,997
69$157,810,097$44,533,241$30,186,933$113,204,681
70$173,785,885$46,594,529$31,077,354$123,477,535
71$191,387,398$48,753,013$31,993,798$134,743,335
72$210,780,338$51,013,336$32,937,016$147,100,906
73$232,147,308$53,380,365$33,907,781$160,659,040
74$255,689,531$55,859,201$34,906,890$175,537,506
75$281,628,752$58,455,190$35,935,159$191,868,168
76$310,209,329$61,173,938$36,993,431$209,796,208
77$341,700,539$64,021,320$38,082,570$229,481,481
78$376,399,123$67,003,494$39,203,465$251,100,006
79$414,632,084$70,126,916$40,357,032$274,845,607
80$456,759,776$73,398,353$41,544,211$300,931,719
81$503,179,301$76,824,901$42,765,970$329,593,387
82$554,328,264$80,413,995$44,023,304$361,089,459
83$610,688,898$84,173,432$45,317,236$395,705,004
84$672,792,620$88,111,385$46,648,818$433,753,983
85$741,225,045$92,236,421$48,019,131$475,582,183
86$816,631,517$96,557,522$49,429,289$521,570,455
87$899,723,196$101,084,106$50,880,435$572,138,281
88$991,283,778$105,826,042$52,373,745$627,747,706
89$1,092,176,886$110,793,682$53,910,429$688,907,663
90$1,203,354,230$115,997,874$55,491,730$756,178,752
91$1,325,864,585$121,449,993$57,118,926$830,178,494
92$1,460,863,695$127,161,965$58,793,333$911,587,122
93$1,609,625,184$133,146,293$60,516,301$1,001,153,972
94$1,773,552,576$139,416,084$62,289,221$1,099,704,509
95$1,954,192,549$145,985,083$64,113,520$1,208,148,088
96$2,153,249,535$152,867,697$65,990,668$1,327,486,486
97$2,372,601,807$160,079,034$67,922,175$1,458,823,320
98$2,614,319,216$167,634,932$69,909,593$1,603,374,416
99$2,880,682,731$175,551,998$71,954,519$1,762,479,237
100$3,174,205,967$183,847,643$74,058,593$1,937,613,479