Can I retire at age 45 with 14,700,000?

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 $14,700,000?

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%
1 years$1,213,912$1,203,099$1,192,550$1,182,253$1,172,199$1,147,593
2 years$600,947$589,755$578,908$568,391$558,190$533,516
3 years$396,652$385,411$374,592$364,174$354,139$330,166
4 years$294,524$283,318$272,607$262,367$252,575$229,489
5 years$233,263$222,125$211,554$201,523$192,003$169,869
6 years$192,436$181,382$170,967$161,159$151,926$130,767
7 years$163,286$152,324$142,074$132,498$123,556$103,377
8 years$141,433$130,570$120,490$111,149$102,502$83,296
9 years$124,445$113,684$103,778$94,674$86,321$68,076
10 years$110,862$100,207$90,476$81,610$73,550$56,246
11 years$99,757$89,209$79,654$71,025$63,256$46,871
12 years$90,509$80,069$70,691$62,299$54,816$39,327
13 years$82,690$72,359$63,158$55,001$47,801$33,179
14 years$75,993$65,772$56,747$48,823$41,902$28,120
15 years$70,195$60,084$51,235$43,542$36,894$23,922
16 years$65,127$55,126$46,452$38,987$32,607$20,414
17 years$60,659$50,769$42,270$35,029$28,911$17,466
18 years$56,692$46,913$38,587$31,569$25,707$14,976
19 years$53,147$43,478$35,324$28,525$22,913$12,866
20 years$49,961$40,402$32,419$25,835$20,466$11,070
21 years$47,081$37,633$29,819$23,447$18,315$9,538
22 years$44,467$35,129$27,483$21,318$16,417$8,227
23 years$42,084$32,856$25,376$19,415$14,737$7,104
24 years$39,903$30,784$23,468$17,708$13,246$6,139
25 years$37,899$28,889$21,736$16,172$11,919$5,309
26 years$36,052$27,151$20,159$14,787$10,736$4,594
27 years$34,345$25,552$18,720$13,535$9,680$3,977
28 years$32,763$24,078$17,402$12,401$8,734$3,445
29 years$31,293$22,714$16,194$11,372$7,887$2,985
30 years$29,923$21,451$15,084$10,436$7,126$2,588
31 years$28,644$20,279$14,063$9,585$6,443$2,244
32 years$27,447$19,188$13,121$8,809$5,828$1,946
33 years$26,326$18,171$12,251$8,100$5,274$1,688
34 years$25,272$17,222$11,447$7,453$4,775$1,465
35 years$24,281$16,335$10,702$6,861$4,325$1,271
36 years$23,347$15,504$10,011$6,319$3,919$1,104
37 years$22,466$14,725$9,370$5,822$3,552$958
38 years$21,633$13,994$8,775$5,366$3,220$832
39 years$20,844$13,307$8,221$4,948$2,920$722
40 years$20,097$12,661$7,706$4,564$2,648$627
41 years$19,388$12,052$7,225$4,211$2,403$545
42 years$18,715$11,478$6,778$3,886$2,180$473
43 years$18,075$10,936$6,360$3,587$1,979$411
44 years$17,466$10,424$5,970$3,312$1,796$357
45 years$16,885$9,941$5,606$3,059$1,631$310
46 years$16,331$9,483$5,265$2,825$1,480$269
47 years$15,803$9,050$4,946$2,610$1,344$234
48 years$15,298$8,639$4,648$2,412$1,221$203
49 years$14,815$8,250$4,369$2,229$1,109$176
50 years$14,352$7,881$4,107$2,060$1,007$153

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $14,700,000, adding $5,203 every year, while hoping to spend $38,803 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: 74/16/10 Blend
44$14,700,000$14,700,000$14,700,000$14,700,000
45$16,204,767$15,425,667$15,197,817$17,373,936
46$17,816,367$16,140,238$15,665,658$18,860,493
47$19,591,050$16,888,524$16,147,871$20,483,253
48$21,545,409$17,672,133$16,644,896$22,259,998
49$23,697,729$18,492,756$17,157,188$24,205,971
50$26,068,158$19,352,162$17,685,215$26,337,946
51$28,678,899$20,252,206$18,229,458$28,674,392
52$31,554,416$21,194,834$18,790,415$31,235,636
53$34,721,670$22,182,085$19,368,597$34,044,059
54$38,210,368$23,216,094$19,964,533$37,124,301
55$42,053,246$24,299,104$20,578,766$40,503,489
56$46,286,379$25,433,461$21,211,856$44,211,493
57$50,949,518$26,621,629$21,864,381$48,281,204
58$56,086,468$27,866,188$22,536,937$52,748,838
59$61,745,500$29,169,843$23,230,137$57,654,276
60$67,979,806$30,535,431$23,944,612$63,041,439
61$74,848,005$31,965,926$24,681,014$68,958,692
62$82,414,688$33,464,443$25,440,016$75,459,305
63$90,751,038$35,034,252$26,222,307$82,601,943
64$99,935,491$36,678,778$27,028,602$90,451,220
65$110,054,486$38,401,613$27,859,635$99,078,303
66$121,203,274$40,206,523$28,716,164$108,561,578
67$133,486,821$42,097,455$29,598,968$118,987,386
68$147,020,794$44,078,548$30,508,851$130,450,830
69$161,932,660$46,154,142$31,446,642$143,056,670
70$178,362,882$48,328,785$32,413,196$156,920,303
71$196,466,250$50,607,249$33,409,391$172,168,848
72$216,413,336$52,994,534$34,436,135$188,942,339
73$238,392,113$55,495,882$35,494,362$207,395,039
74$262,609,721$58,116,793$36,585,035$227,696,888
75$289,294,425$60,863,028$37,709,147$250,035,105
76$318,697,772$63,740,632$38,867,719$274,615,939
77$351,096,963$66,755,942$40,061,806$301,666,615
78$386,797,471$69,915,600$41,292,493$331,437,468
79$426,135,921$73,226,573$42,560,900$364,204,296
80$469,483,274$76,696,164$43,868,180$400,270,952
81$517,248,324$80,332,032$45,215,520$439,972,211
82$569,881,559$84,142,207$46,604,145$483,676,909
83$627,879,412$88,135,109$48,035,318$531,791,422
84$691,788,948$92,319,566$49,510,337$584,763,488
85$762,213,031$96,704,835$51,030,544$643,086,423
86$839,816,011$101,300,623$52,597,318$707,303,762
87$925,329,999$106,117,108$54,212,082$778,014,383
88$1,019,561,775$111,164,962$55,876,303$855,878,143
89$1,123,400,407$116,455,377$57,591,491$941,622,094
90$1,237,825,646$122,000,087$59,359,203$1,036,047,332
91$1,363,917,168$127,811,398$61,181,043$1,140,036,545
92$1,502,864,775$133,902,212$63,058,663$1,254,562,329
93$1,655,979,621$140,286,059$64,993,767$1,380,696,351
94$1,824,706,594$146,977,129$66,988,111$1,519,619,452
95$2,010,637,956$153,990,297$69,043,502$1,672,632,774
96$2,215,528,373$161,341,167$71,161,805$1,841,170,022
97$2,441,311,481$169,046,098$73,344,938$2,026,810,985
98$2,690,118,140$177,122,245$75,594,883$2,231,296,420
99$2,964,296,555$185,587,600$77,913,676$2,456,544,472
100$3,266,434,439$194,461,027$80,303,419$2,704,668,753