Can I retire at age 45 with 14,900,000?

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 $14,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$1,230,428$1,219,468$1,208,775$1,198,338$1,188,147$1,159,424
2 years$609,123$597,778$586,784$576,124$565,784$537,019
3 years$402,048$390,655$379,688$369,128$358,957$331,048
4 years$298,531$287,173$276,316$265,936$256,011$229,174
5 years$236,437$225,147$214,432$204,264$194,615$168,925
6 years$195,055$183,849$173,293$163,352$153,993$129,474
7 years$165,507$154,396$144,007$134,301$125,237$101,894
8 years$143,357$132,346$122,130$112,661$103,896$81,719
9 years$126,138$115,231$105,190$95,963$87,496$66,466
10 years$112,371$101,571$91,707$82,721$74,551$54,645
11 years$101,114$90,422$80,738$71,992$64,116$45,306
12 years$91,740$81,158$71,653$63,146$55,562$37,816
13 years$83,815$73,343$64,017$55,749$48,451$31,735
14 years$77,027$66,667$57,519$49,488$42,472$26,750
15 years$71,150$60,902$51,932$44,134$37,395$22,629
16 years$66,013$55,876$47,084$39,517$33,050$19,202
17 years$61,484$51,460$42,845$35,506$29,305$16,334
18 years$57,464$47,551$39,112$31,998$26,056$13,924
19 years$53,870$44,070$35,805$28,913$23,225$11,890
20 years$50,640$40,952$32,860$26,186$20,745$10,169
21 years$47,722$38,145$30,225$23,766$18,564$8,708
22 years$45,072$35,607$27,857$21,609$16,640$7,465
23 years$42,657$33,303$25,721$19,679$14,937$6,406
24 years$40,446$31,202$23,787$17,949$13,426$5,501
25 years$38,415$29,282$22,032$16,392$12,081$4,727
26 years$36,543$27,520$20,434$14,988$10,882$4,064
27 years$34,813$25,900$18,974$13,719$9,811$3,496
28 years$33,209$24,405$17,639$12,569$8,853$3,008
29 years$31,718$23,023$16,415$11,526$7,994$2,590
30 years$30,330$21,743$15,290$10,578$7,223$2,230
31 years$29,034$20,555$14,254$9,715$6,530$1,921
32 years$27,821$19,449$13,299$8,929$5,907$1,655
33 years$26,684$18,418$12,418$8,211$5,346$1,426
34 years$25,616$17,456$11,602$7,554$4,840$1,229
35 years$24,611$16,557$10,847$6,954$4,384$1,060
36 years$23,665$15,715$10,147$6,405$3,972$914
37 years$22,771$14,926$9,498$5,901$3,600$788
38 years$21,927$14,185$8,894$5,439$3,264$679
39 years$21,128$13,488$8,333$5,015$2,960$586
40 years$20,371$12,833$7,811$4,626$2,685$505
41 years$19,652$12,216$7,324$4,268$2,435$436
42 years$18,970$11,634$6,870$3,939$2,210$376
43 years$18,321$11,085$6,447$3,636$2,006$324
44 years$17,703$10,566$6,051$3,357$1,821$280
45 years$17,115$10,076$5,682$3,100$1,653$241
46 years$16,553$9,612$5,337$2,864$1,501$208
47 years$16,018$9,173$5,014$2,646$1,363$180
48 years$15,506$8,757$4,711$2,445$1,237$155
49 years$15,016$8,362$4,428$2,260$1,124$134
50 years$14,548$7,988$4,163$2,089$1,021$115

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $14,900,000, adding $4,175 every year, while hoping to spend $38,988 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: 22/49/29 Blend
44$14,900,000$14,900,000$14,900,000$14,900,000
45$16,424,107$15,634,407$15,403,457$16,634,507
46$18,057,882$16,359,010$15,877,989$17,547,849
47$19,856,997$17,117,811$16,367,112$18,520,729
48$21,838,273$17,912,447$16,871,273$19,560,700
49$24,020,249$18,744,629$17,390,933$20,673,276
50$26,423,352$19,616,153$17,926,567$21,864,475
51$29,070,093$20,528,904$18,478,666$23,140,869
52$31,985,275$21,484,853$19,047,734$24,509,637
53$35,196,232$22,486,069$19,634,292$25,978,626
54$38,733,083$23,534,722$20,238,876$27,556,412
55$42,629,018$24,633,084$20,862,039$29,252,377
56$46,920,612$25,783,538$21,504,351$31,076,783
57$51,648,165$26,988,583$22,166,398$33,040,862
58$56,856,091$28,250,837$22,848,785$35,156,908
59$62,593,330$29,573,046$23,552,137$37,438,384
60$68,913,812$30,958,087$24,277,096$39,900,037
61$75,876,965$32,408,978$25,024,323$42,558,025
62$83,548,280$33,928,881$25,794,502$45,430,055
63$91,999,922$35,521,114$26,588,335$48,535,539
64$101,311,417$37,189,153$27,406,548$51,895,762
65$111,570,402$38,936,641$28,249,888$55,534,066
66$122,873,448$40,767,401$29,119,123$59,476,061
67$135,326,974$42,685,438$30,015,049$63,749,843
68$149,048,254$44,694,953$30,938,481$68,386,248
69$164,166,519$46,800,349$31,890,264$73,419,124
70$180,824,181$49,006,243$32,871,264$78,885,629
71$199,178,173$51,317,475$33,882,377$84,826,567
72$219,401,435$53,739,120$34,924,525$91,286,751
73$241,684,543$56,276,498$35,998,659$98,315,404
74$266,237,509$58,935,189$37,105,757$105,966,603
75$293,291,764$61,721,043$38,246,828$114,299,764
76$323,102,341$64,640,191$39,422,914$123,380,182
77$355,950,283$67,699,063$40,635,085$133,279,621
78$392,145,298$70,904,403$41,884,446$144,076,961
79$432,028,679$74,263,280$43,172,136$155,858,922
80$475,976,529$77,783,105$44,499,327$168,720,847
81$524,403,308$81,471,650$45,867,227$182,767,576
82$577,765,750$85,337,065$47,277,084$198,114,400
83$636,567,170$89,387,895$48,730,180$214,888,122
84$701,362,218$93,633,099$50,227,837$233,228,213
85$772,762,114$98,082,071$51,771,420$253,288,093
86$851,440,420$102,744,663$53,362,333$275,236,547
87$938,139,396$107,631,204$55,002,024$299,259,271
88$1,033,677,006$112,752,525$56,691,984$325,560,588
89$1,138,954,646$118,119,983$58,433,750$354,365,330
90$1,254,965,646$123,745,489$60,228,907$385,920,917
91$1,382,804,653$129,641,529$62,079,087$420,499,643
92$1,523,677,964$135,821,200$63,985,972$458,401,199
93$1,678,914,909$142,298,232$65,951,296$499,955,447
94$1,849,980,410$149,087,026$67,976,844$545,525,477
95$2,038,488,802$156,202,680$70,064,458$595,510,983
96$2,246,219,077$163,661,028$72,216,035$650,351,972
97$2,475,131,679$171,478,675$74,433,528$710,532,854
98$2,727,387,011$179,673,031$76,718,953$776,586,950
99$3,005,365,832$188,262,356$79,074,384$849,101,461
100$3,311,691,732$197,265,796$81,501,960$928,722,931