Can I retire at age 45 with 14,800,000?

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 $14,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$1,222,170$1,211,284$1,200,662$1,190,296$1,180,173$1,150,708
2 years$605,035$593,767$582,846$572,257$561,987$532,489
3 years$399,350$388,033$377,140$366,651$356,548$327,938
4 years$296,528$285,245$274,461$264,151$254,293$226,792
5 years$234,850$223,636$212,993$202,894$193,309$166,993
6 years$193,746$182,615$172,130$162,256$152,959$127,854
7 years$164,396$153,360$143,041$133,399$124,397$100,506
8 years$142,395$131,458$121,310$111,905$103,199$80,511
9 years$125,291$114,458$104,484$95,319$86,909$65,405
10 years$111,617$100,889$91,092$82,165$74,050$53,706
11 years$100,435$89,816$80,196$71,509$63,686$44,470
12 years$91,125$80,614$71,172$62,723$55,189$37,070
13 years$83,252$72,851$63,587$55,375$48,126$31,067
14 years$76,510$66,220$57,133$49,155$42,187$26,151
15 years$70,673$60,493$51,584$43,838$37,144$22,092
16 years$65,570$55,501$46,768$39,252$32,828$18,719
17 years$61,072$51,114$42,557$35,268$29,108$15,900
18 years$57,078$47,232$38,849$31,783$25,881$13,534
19 years$53,509$43,774$35,565$28,719$23,069$11,540
20 years$50,301$40,677$32,639$26,011$20,605$9,855
21 years$47,402$37,889$30,022$23,606$18,439$8,426
22 years$44,770$35,368$27,670$21,463$16,528$7,212
23 years$42,370$33,079$25,548$19,547$14,837$6,179
24 years$40,174$30,993$23,628$17,828$13,336$5,297
25 years$38,157$29,085$21,884$16,282$12,000$4,545
26 years$36,298$27,336$20,296$14,887$10,809$3,901
27 years$34,579$25,726$18,847$13,627$9,745$3,350
28 years$32,986$24,241$17,521$12,485$8,793$2,879
29 years$31,506$22,869$16,305$11,449$7,940$2,474
30 years$30,126$21,597$15,187$10,507$7,175$2,127
31 years$28,839$20,417$14,158$9,650$6,486$1,829
32 years$27,634$19,318$13,210$8,869$5,867$1,573
33 years$26,505$18,295$12,334$8,155$5,310$1,354
34 years$25,444$17,339$11,524$7,504$4,808$1,165
35 years$24,446$16,446$10,775$6,908$4,354$1,002
36 years$23,506$15,610$10,079$6,362$3,945$863
37 years$22,618$14,826$9,434$5,861$3,576$743
38 years$21,780$14,090$8,835$5,403$3,242$639
39 years$20,986$13,398$8,277$4,982$2,940$550
40 years$20,234$12,747$7,758$4,595$2,666$474
41 years$19,520$12,134$7,275$4,239$2,419$408
42 years$18,843$11,556$6,824$3,912$2,195$351
43 years$18,198$11,010$6,403$3,612$1,992$302
44 years$17,585$10,495$6,011$3,335$1,808$260
45 years$17,000$10,008$5,644$3,080$1,642$224
46 years$16,442$9,547$5,301$2,845$1,491$193
47 years$15,910$9,111$4,980$2,628$1,353$166
48 years$15,402$8,698$4,680$2,429$1,229$143
49 years$14,915$8,306$4,399$2,244$1,116$123
50 years$14,450$7,934$4,135$2,075$1,014$106

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $14,800,000, adding $6,350 every year, while hoping to spend $20,678 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: 55/27/18 Blend
44$14,800,000$14,800,000$14,800,000$14,800,000
45$16,316,150$15,531,750$15,302,350$17,134,479
46$17,958,396$16,270,805$15,792,978$18,432,589
47$19,767,458$17,045,380$16,299,348$19,842,697
48$21,760,330$17,857,194$16,821,967$21,377,784
49$23,955,737$18,708,050$17,361,356$23,049,806
50$26,374,315$19,599,837$17,918,055$24,871,907
51$29,038,803$20,534,538$18,492,618$26,858,534
52$31,974,260$21,514,229$19,085,619$29,025,569
53$35,208,299$22,541,091$19,697,652$31,390,477
54$38,771,349$23,617,407$20,329,326$33,972,462
55$42,696,941$24,745,575$20,981,274$36,792,643
56$47,022,028$25,928,107$21,654,145$39,874,250
57$51,787,329$27,167,638$22,348,613$43,242,834
58$57,037,715$28,466,931$23,065,370$46,926,504
59$62,822,635$29,828,884$23,805,134$50,956,184
60$69,196,580$31,256,536$24,568,642$55,365,900
61$76,219,598$32,753,072$25,356,658$60,193,090
62$83,957,860$34,321,835$26,169,968$65,478,955
63$92,484,286$35,966,330$27,009,387$71,268,834
64$101,879,233$37,690,230$27,875,751$77,612,631
65$112,231,254$39,497,391$28,769,928$84,565,268
66$123,637,932$41,391,853$29,692,811$92,187,201
67$136,206,802$43,377,855$30,645,321$100,544,982
68$150,056,367$45,459,841$31,628,411$109,711,869
69$165,317,218$47,642,474$32,643,064$119,768,516
70$182,133,260$49,930,642$33,690,293$130,803,720
71$200,663,080$52,329,471$34,771,145$142,915,245
72$221,081,437$54,844,338$35,886,701$156,210,737
73$243,580,914$57,480,881$37,038,076$170,808,726
74$268,373,737$60,245,013$38,226,421$186,839,729
75$295,693,776$63,142,936$39,452,924$204,447,474
76$325,798,755$66,181,155$40,718,811$223,790,238
77$358,972,685$69,366,488$42,025,348$245,042,327
78$395,528,543$72,706,090$43,373,841$268,395,705
79$435,811,229$76,207,463$44,765,639$294,061,792
80$480,200,821$79,878,475$46,202,134$322,273,440
81$529,116,161$83,727,377$47,684,762$353,287,116
82$583,018,814$87,762,823$49,215,007$387,385,299
83$642,417,421$91,993,889$50,794,397$424,879,133
84$707,872,503$96,430,094$52,424,514$466,111,340
85$780,001,750$101,081,422$54,106,988$511,459,433
86$859,485,858$105,958,341$55,843,502$561,339,259
87$947,074,949$111,071,833$57,635,792$616,208,902
88$1,043,595,656$116,433,414$59,485,653$676,572,978
89$1,149,958,924$122,055,163$61,394,934$742,987,379
90$1,267,168,617$127,949,749$63,365,547$816,064,489
91$1,396,330,985$134,130,456$65,399,462$896,478,935
92$1,538,665,117$140,611,219$67,498,715$984,973,934
93$1,695,514,444$147,406,654$69,665,407$1,082,368,269
94$1,868,359,425$154,532,088$71,901,706$1,189,563,992
95$2,058,831,523$162,003,597$74,209,850$1,307,554,902
96$2,268,728,607$169,838,042$76,592,149$1,437,435,892
97$2,500,031,927$178,053,108$79,050,987$1,580,413,251
98$2,754,924,814$186,667,341$81,588,826$1,737,816,008
99$3,035,813,300$195,700,195$84,208,206$1,911,108,439
100$3,345,348,825$205,172,073$86,911,750$2,101,903,851