Can I retire at age 45 with 14,600,000?

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 $14,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$1,205,654$1,194,915$1,184,437$1,174,210$1,164,225$1,132,406
2 years$596,859$585,743$574,970$564,524$554,393$522,569
3 years$393,953$382,789$372,043$361,696$351,729$320,896
4 years$292,520$281,391$270,752$260,582$250,856$221,250
5 years$231,677$220,614$210,115$200,152$190,697$162,400
6 years$191,127$180,148$169,804$160,063$150,892$123,930
7 years$162,175$151,288$141,108$131,597$122,716$97,091
8 years$140,471$129,682$119,671$110,393$101,804$77,503
9 years$123,598$112,911$103,072$94,030$85,734$62,733
10 years$110,108$99,526$89,861$81,055$73,050$51,320
11 years$99,078$88,602$79,112$70,542$62,825$42,332
12 years$89,893$79,524$70,210$61,875$54,443$35,148
13 years$82,127$71,867$62,728$54,626$47,475$29,338
14 years$75,476$65,325$56,361$48,491$41,617$24,594
15 years$69,718$59,675$50,887$43,246$36,643$20,689
16 years$64,684$54,751$46,136$38,722$32,385$17,455
17 years$60,246$50,424$41,982$34,791$28,715$14,762
18 years$56,307$46,594$38,324$31,354$25,532$12,510
19 years$52,786$43,183$35,084$28,331$22,757$10,619
20 years$49,621$40,127$32,198$25,659$20,327$9,027
21 years$46,761$37,377$29,616$23,287$18,190$7,683
22 years$44,165$34,890$27,296$21,173$16,305$6,545
23 years$41,798$32,632$25,203$19,283$14,636$5,581
24 years$39,631$30,574$23,309$17,587$13,155$4,762
25 years$37,641$28,692$21,588$16,062$11,838$4,066
26 years$35,807$26,966$20,022$14,686$10,663$3,474
27 years$34,112$25,378$18,592$13,442$9,614$2,969
28 years$32,540$23,914$17,284$12,316$8,675$2,538
29 years$31,080$22,560$16,084$11,294$7,833$2,171
30 years$29,719$21,305$14,982$10,365$7,078$1,857
31 years$28,449$20,141$13,967$9,520$6,399$1,589
32 years$27,261$19,057$13,032$8,749$5,788$1,360
33 years$26,146$18,047$12,168$8,045$5,238$1,164
34 years$25,100$17,105$11,369$7,402$4,743$997
35 years$24,116$16,224$10,629$6,814$4,296$853
36 years$23,188$15,399$9,943$6,276$3,892$731
37 years$22,313$14,625$9,307$5,782$3,528$626
38 years$21,485$13,899$8,715$5,330$3,198$536
39 years$20,702$13,217$8,165$4,914$2,900$459
40 years$19,961$12,575$7,653$4,533$2,630$393
41 years$19,257$11,970$7,176$4,182$2,386$337
42 years$18,588$11,400$6,732$3,859$2,165$289
43 years$17,952$10,862$6,317$3,563$1,965$247
44 years$17,347$10,353$5,929$3,290$1,784$212
45 years$16,770$9,873$5,567$3,038$1,619$182
46 years$16,220$9,418$5,229$2,806$1,470$156
47 years$15,695$8,988$4,913$2,593$1,335$133
48 years$15,193$8,580$4,617$2,396$1,213$114
49 years$14,714$8,194$4,339$2,214$1,101$98
50 years$14,255$7,827$4,080$2,046$1,000$84

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $14,600,000, adding $6,835 every year, while hoping to spend $46,510 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: 49/29/22 Blend
44$14,600,000$14,600,000$14,600,000$14,600,000
45$16,096,250$15,322,450$15,096,150$16,784,803
46$17,688,582$16,023,764$15,552,385$17,965,757
47$19,441,772$16,757,883$16,022,345$19,242,737
48$21,372,179$17,526,367$16,506,440$20,629,083
49$23,497,830$18,330,847$17,005,095$22,135,120
50$25,838,586$19,173,036$17,518,743$23,772,195
51$28,416,335$20,054,728$18,047,834$25,552,773
52$31,255,194$20,977,802$18,592,829$27,490,554
53$34,381,739$21,944,229$19,154,203$29,600,596
54$37,825,254$22,956,075$19,732,447$31,899,453
55$41,618,011$24,015,503$20,328,065$34,405,323
56$45,795,567$25,124,782$20,941,575$37,138,215
57$50,397,109$26,286,291$21,573,511$40,120,134
58$55,465,816$27,502,520$22,224,425$43,375,278
59$61,049,269$28,776,084$22,894,884$46,930,266
60$67,199,901$30,109,719$23,585,469$50,814,375
61$73,975,492$31,506,295$24,296,783$55,059,815
62$81,439,710$32,968,822$25,029,443$59,702,021
63$89,662,719$34,500,452$25,784,088$64,779,985
64$98,721,833$36,104,492$26,561,372$70,336,610
65$108,702,253$37,784,404$27,361,970$76,419,111
66$119,697,865$39,543,823$28,186,579$83,079,447
67$131,812,131$41,386,554$29,035,914$90,374,806
68$145,159,063$43,316,590$29,910,711$98,368,135
69$159,864,298$45,338,113$30,811,730$107,128,721
70$176,066,285$47,455,510$31,739,752$116,732,835
71$193,917,594$49,673,377$32,695,582$127,264,444
72$213,586,352$51,996,536$33,680,047$138,815,988
73$235,257,831$54,430,038$34,694,000$151,489,242
74$259,136,200$56,979,180$35,738,319$165,396,262
75$285,446,448$59,649,515$36,813,908$180,660,435
76$314,436,510$62,446,865$37,921,698$197,417,623
77$346,379,605$65,377,333$39,062,646$215,817,433
78$381,576,819$68,447,316$40,237,739$236,024,617
79$420,359,943$71,663,523$41,447,992$258,220,607
80$463,094,608$75,032,987$42,694,450$282,605,213
81$510,183,734$78,563,079$43,978,190$309,398,494
82$562,071,336$82,261,531$45,300,321$338,842,810
83$619,246,712$86,136,446$46,661,981$371,205,099
84$682,249,066$90,196,321$48,064,347$406,779,371
85$751,672,594$94,450,064$49,508,626$445,889,468
86$828,172,097$98,907,016$50,996,063$488,892,091
87$912,469,160$103,576,968$52,527,940$536,180,154
88$1,005,358,963$108,470,189$54,105,575$588,186,461
89$1,107,717,792$113,597,443$55,730,326$645,387,774
90$1,220,511,306$118,970,017$57,403,592$708,309,280
91$1,344,803,657$124,599,745$59,126,810$777,529,528
92$1,481,767,534$130,499,037$60,901,462$853,685,859
93$1,632,695,235$136,680,902$62,729,073$937,480,392
94$1,799,010,864$143,158,981$64,611,213$1,029,686,623
95$1,982,283,780$149,947,579$66,549,496$1,131,156,694
96$2,184,243,409$157,061,694$68,545,587$1,242,829,400
97$2,406,795,570$164,517,050$70,601,198$1,365,739,020
98$2,652,040,471$172,330,138$72,718,091$1,501,025,041
99$2,922,292,531$180,518,248$74,898,079$1,649,942,878
100$3,220,102,236$189,099,508$77,143,032$1,813,875,679