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%18%
1 years$1,213,912$1,203,099$1,192,550$1,182,253$1,172,199$1,134,222
2 years$600,947$589,755$578,908$568,391$558,190$520,285
3 years$396,652$385,411$374,592$364,174$354,139$317,496
4 years$294,524$283,318$272,607$262,367$252,575$217,474
5 years$233,263$222,125$211,554$201,523$192,003$158,539
6 years$192,436$181,382$170,967$161,159$151,926$120,126
7 years$163,286$152,324$142,074$132,498$123,556$93,417
8 years$141,433$130,570$120,490$111,149$102,502$74,002
9 years$124,445$113,684$103,778$94,674$86,321$59,427
10 years$110,862$100,207$90,476$81,610$73,550$48,221
11 years$99,757$89,209$79,654$71,025$63,256$39,444
12 years$90,509$80,069$70,691$62,299$54,816$32,470
13 years$82,690$72,359$63,158$55,001$47,801$26,865
14 years$75,993$65,772$56,747$48,823$41,902$22,319
15 years$70,195$60,084$51,235$43,542$36,894$18,604
16 years$65,127$55,126$46,452$38,987$32,607$15,550
17 years$60,659$50,769$42,270$35,029$28,911$13,027
18 years$56,692$46,913$38,587$31,569$25,707$10,933
19 years$53,147$43,478$35,324$28,525$22,913$9,190
20 years$49,961$40,402$32,419$25,835$20,466$7,735
21 years$47,081$37,633$29,819$23,447$18,315$6,518
22 years$44,467$35,129$27,483$21,318$16,417$5,497
23 years$42,084$32,856$25,376$19,415$14,737$4,639
24 years$39,903$30,784$23,468$17,708$13,246$3,918
25 years$37,899$28,889$21,736$16,172$11,919$3,311
26 years$36,052$27,151$20,159$14,787$10,736$2,799
27 years$34,345$25,552$18,720$13,535$9,680$2,367
28 years$32,763$24,078$17,402$12,401$8,734$2,002
29 years$31,293$22,714$16,194$11,372$7,887$1,694
30 years$29,923$21,451$15,084$10,436$7,126$1,434
31 years$28,644$20,279$14,063$9,585$6,443$1,214
32 years$27,447$19,188$13,121$8,809$5,828$1,028
33 years$26,326$18,171$12,251$8,100$5,274$870
34 years$25,272$17,222$11,447$7,453$4,775$737
35 years$24,281$16,335$10,702$6,861$4,325$624
36 years$23,347$15,504$10,011$6,319$3,919$529
37 years$22,466$14,725$9,370$5,822$3,552$448
38 years$21,633$13,994$8,775$5,366$3,220$380
39 years$20,844$13,307$8,221$4,948$2,920$322
40 years$20,097$12,661$7,706$4,564$2,648$272
41 years$19,388$12,052$7,225$4,211$2,403$231
42 years$18,715$11,478$6,778$3,886$2,180$196
43 years$18,075$10,936$6,360$3,587$1,979$166
44 years$17,466$10,424$5,970$3,312$1,796$140
45 years$16,885$9,941$5,606$3,059$1,631$119
46 years$16,331$9,483$5,265$2,825$1,480$101
47 years$15,803$9,050$4,946$2,610$1,344$85
48 years$15,298$8,639$4,648$2,412$1,221$72
49 years$14,815$8,250$4,369$2,229$1,109$61
50 years$14,352$7,881$4,107$2,060$1,007$52

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 $5,237 every year, while hoping to spend $55,658 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: 56/35/9 Blend
44$14,700,000$14,700,000$14,700,000$14,700,000
45$16,204,802$15,425,702$15,197,852$17,077,065
46$17,798,472$16,122,342$15,647,760$18,363,164
47$19,552,831$16,851,251$16,110,875$19,756,654
48$21,484,211$17,613,953$16,587,580$21,273,062
49$23,610,606$18,412,043$17,078,270$22,924,117
50$25,951,846$19,247,192$17,583,351$24,722,707
51$28,529,782$20,121,151$18,103,240$26,682,997
52$31,368,488$21,035,756$18,638,367$28,820,559
53$34,494,495$21,992,929$19,189,174$31,152,514
54$37,937,037$22,994,687$19,756,115$33,697,684
55$41,728,328$24,043,139$20,339,658$36,476,768
56$45,903,865$25,140,500$20,940,283$39,512,529
57$50,502,762$26,289,088$21,558,486$42,830,004
58$55,568,124$27,491,333$22,194,775$46,456,731
59$61,147,445$28,749,781$22,849,673$50,423,006
60$67,293,066$30,067,102$23,523,718$54,762,157
61$74,062,660$31,446,091$24,217,464$59,510,857
62$81,519,783$32,889,681$24,931,480$64,709,454
63$89,734,468$34,400,943$25,666,352$70,402,351
64$98,783,890$35,983,095$26,422,682$76,638,412
65$108,753,094$37,639,514$27,201,088$83,471,416
66$119,735,793$39,373,734$28,002,209$90,960,555
67$131,835,259$41,189,462$28,826,698$99,170,980
68$145,165,293$43,090,583$29,675,230$108,174,410
69$159,851,300$45,081,168$30,548,497$118,049,794
70$176,031,472$47,165,486$31,447,211$128,884,047
71$193,858,095$49,348,007$32,372,106$140,772,858
72$213,498,984$51,633,422$33,323,934$153,821,580
73$235,139,065$54,026,645$34,303,470$168,146,213
74$258,982,124$56,532,825$35,311,511$183,874,482
75$285,252,730$59,157,363$36,348,876$201,147,032
76$314,198,352$61,905,917$37,416,407$220,118,737
77$346,091,698$64,784,421$38,514,971$240,960,149
78$381,233,287$67,799,093$39,645,458$263,859,092
79$419,954,284$70,956,451$40,808,783$289,022,414
80$462,619,633$74,263,328$42,005,888$316,677,924
81$509,631,492$77,726,888$43,237,742$347,076,523
82$561,433,037$81,354,639$44,505,340$380,494,554
83$618,512,643$85,154,452$45,809,705$417,236,388
84$681,408,492$89,134,580$47,151,889$457,637,275
85$750,713,656$93,303,672$48,532,975$502,066,490
86$827,081,693$97,670,796$49,954,074$550,930,790
87$911,232,821$102,245,460$51,416,331$604,678,232
88$1,003,960,710$107,037,630$52,920,920$663,802,376
89$1,106,139,982$112,057,753$54,469,050$728,846,916
90$1,218,734,461$117,316,783$56,061,964$800,410,786
91$1,342,806,275$122,826,205$57,700,938$879,153,781
92$1,479,525,882$128,598,056$59,387,287$965,802,758
93$1,630,183,120$134,644,959$61,122,359$1,061,158,462
94$1,796,199,383$140,980,147$62,907,543$1,166,103,050
95$1,979,141,039$147,617,492$64,744,264$1,281,608,388
96$2,180,734,217$154,571,542$66,633,989$1,408,745,181
97$2,402,881,104$161,857,544$68,578,225$1,548,693,046
98$2,647,677,902$169,491,489$70,578,521$1,702,751,607
99$2,917,434,615$177,490,139$72,636,468$1,872,352,718
100$3,214,696,860$185,871,070$74,753,704$2,059,073,934