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%11.1%
1 years$1,222,170$1,211,284$1,200,662$1,190,296$1,180,173$1,174,706
2 years$605,035$593,767$582,846$572,257$561,987$556,469
3 years$399,350$388,033$377,140$366,651$356,548$351,149
4 years$296,528$285,245$274,461$264,151$254,293$249,055
5 years$234,850$223,636$212,993$202,894$193,309$188,248
6 years$193,746$182,615$172,130$162,256$152,959$148,081
7 years$164,396$153,360$143,041$133,399$124,397$119,704
8 years$142,395$131,458$121,310$111,905$103,199$98,692
9 years$125,291$114,458$104,484$95,319$86,909$82,587
10 years$111,617$100,889$91,092$82,165$74,050$69,912
11 years$100,435$89,816$80,196$71,509$63,686$59,727
12 years$91,125$80,614$71,172$62,723$55,189$51,407
13 years$83,252$72,851$63,587$55,375$48,126$44,518
14 years$76,510$66,220$57,133$49,155$42,187$38,748
15 years$70,673$60,493$51,584$43,838$37,144$33,871
16 years$65,570$55,501$46,768$39,252$32,828$29,716
17 years$61,072$51,114$42,557$35,268$29,108$26,152
18 years$57,078$47,232$38,849$31,783$25,881$23,076
19 years$53,509$43,774$35,565$28,719$23,069$20,410
20 years$50,301$40,677$32,639$26,011$20,605$18,088
21 years$47,402$37,889$30,022$23,606$18,439$16,058
22 years$44,770$35,368$27,670$21,463$16,528$14,278
23 years$42,370$33,079$25,548$19,547$14,837$12,713
24 years$40,174$30,993$23,628$17,828$13,336$11,332
25 years$38,157$29,085$21,884$16,282$12,000$10,112
26 years$36,298$27,336$20,296$14,887$10,809$9,032
27 years$34,579$25,726$18,847$13,627$9,745$8,074
28 years$32,986$24,241$17,521$12,485$8,793$7,222
29 years$31,506$22,869$16,305$11,449$7,940$6,465
30 years$30,126$21,597$15,187$10,507$7,175$5,790
31 years$28,839$20,417$14,158$9,650$6,486$5,189
32 years$27,634$19,318$13,210$8,869$5,867$4,652
33 years$26,505$18,295$12,334$8,155$5,310$4,172
34 years$25,444$17,339$11,524$7,504$4,808$3,743
35 years$24,446$16,446$10,775$6,908$4,354$3,360
36 years$23,506$15,610$10,079$6,362$3,945$3,016
37 years$22,618$14,826$9,434$5,861$3,576$2,709
38 years$21,780$14,090$8,835$5,403$3,242$2,433
39 years$20,986$13,398$8,277$4,982$2,940$2,186
40 years$20,234$12,747$7,758$4,595$2,666$1,964
41 years$19,520$12,134$7,275$4,239$2,419$1,765
42 years$18,843$11,556$6,824$3,912$2,195$1,587
43 years$18,198$11,010$6,403$3,612$1,992$1,427
44 years$17,585$10,495$6,011$3,335$1,808$1,283
45 years$17,000$10,008$5,644$3,080$1,642$1,153
46 years$16,442$9,547$5,301$2,845$1,491$1,037
47 years$15,910$9,111$4,980$2,628$1,353$933
48 years$15,402$8,698$4,680$2,429$1,229$839
49 years$14,915$8,306$4,399$2,244$1,116$755
50 years$14,450$7,934$4,135$2,075$1,014$679

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 $2,885 every year, while hoping to spend $32,258 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: 59/29/12 Blend
44$14,800,000$14,800,000$14,800,000$14,800,000
45$16,312,576$15,528,176$15,298,776$17,227,058
46$17,942,136$16,254,734$15,776,963$18,569,821
47$19,736,831$17,015,813$16,270,087$20,029,465
48$21,713,469$17,813,069$16,778,617$21,620,324
49$23,890,574$18,648,240$17,303,031$23,355,030
50$26,288,557$19,523,149$17,843,827$25,247,469
51$28,929,910$20,439,703$18,401,516$27,312,910
52$31,839,419$21,399,907$18,976,625$29,568,142
53$35,044,396$22,405,858$19,569,698$32,031,629
54$38,574,936$23,459,758$20,181,295$34,723,678
55$42,464,207$24,563,913$20,811,995$37,666,627
56$46,748,753$25,720,742$21,462,395$40,885,047
57$51,468,849$26,932,782$22,133,108$44,405,972
58$56,668,875$28,202,691$22,824,770$48,259,142
59$62,397,734$29,533,256$23,538,034$52,477,285
60$68,709,319$30,927,402$24,273,574$57,096,413
61$75,663,016$32,388,191$25,032,085$62,156,156
62$83,324,269$33,918,838$25,814,286$67,700,131
63$91,765,194$35,522,711$26,620,914$73,776,343
64$101,065,262$37,203,342$27,452,732$80,437,632
65$111,312,047$38,964,434$28,310,527$87,742,160
66$122,602,055$40,809,870$29,195,109$95,753,957
67$135,041,634$42,743,723$30,107,315$104,543,509
68$148,747,976$44,770,261$31,048,005$114,188,418
69$163,850,226$46,893,960$32,018,070$124,774,125
70$180,490,699$49,119,514$33,018,425$136,394,701
71$198,826,225$51,451,845$34,050,017$149,153,727
72$219,029,626$53,896,112$35,113,819$163,165,262
73$241,291,353$56,457,726$36,210,837$178,554,903
74$265,821,279$59,142,362$37,342,107$195,460,959
75$292,850,680$61,955,969$38,508,699$214,035,745
76$322,634,423$64,904,785$39,711,713$234,447,004
77$355,453,366$67,995,351$40,952,287$256,879,476
78$391,617,013$71,234,527$42,231,593$281,536,628
79$431,466,436$74,629,507$43,550,839$308,642,554
80$475,377,491$78,187,831$44,911,271$338,444,078
81$523,764,371$81,917,410$46,314,174$371,213,066
82$577,083,511$85,826,538$47,760,873$407,248,971
83$635,837,901$89,923,910$49,252,734$446,881,641
84$700,581,833$94,218,648$50,791,167$490,474,417
85$771,926,133$98,720,314$52,377,624$538,427,533
86$850,543,927$103,438,939$54,013,603$591,181,882
87$937,176,998$108,385,037$55,700,650$649,223,146
88$1,032,642,787$113,569,639$57,440,356$713,086,360
89$1,137,842,108$119,004,309$59,234,366$783,360,941
90$1,253,767,658$124,701,175$61,084,372$860,696,218
91$1,381,513,382$130,672,955$62,992,121$945,807,539
92$1,522,284,805$136,932,988$64,959,415$1,039,482,994
93$1,677,410,410$143,495,259$66,988,110$1,142,590,820
94$1,848,354,183$150,374,437$69,080,123$1,256,087,572
95$2,036,729,429$157,585,905$71,237,426$1,381,027,115
96$2,244,314,009$165,145,792$73,462,058$1,518,570,537
97$2,473,067,119$173,071,016$75,756,118$1,669,997,075
98$2,725,147,787$181,379,319$78,121,770$1,836,716,153
99$3,002,935,261$190,089,304$80,561,249$2,020,280,647
100$3,309,051,462$199,220,485$83,076,855$2,222,401,499