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%13.8%
1 years$1,230,428$1,219,468$1,208,775$1,198,338$1,188,147$1,169,426
2 years$609,123$597,778$586,784$576,124$565,784$546,972
3 years$402,048$390,655$379,688$369,128$358,957$340,638
4 years$298,531$287,173$276,316$265,936$256,011$238,328
5 years$236,437$225,147$214,432$204,264$194,615$177,618
6 years$195,055$183,849$173,293$163,352$153,993$137,701
7 years$165,507$154,396$144,007$134,301$125,237$109,656
8 years$143,357$132,346$122,130$112,661$103,896$89,023
9 years$126,138$115,231$105,190$95,963$87,496$73,323
10 years$112,371$101,571$91,707$82,721$74,551$61,067
11 years$101,114$90,422$80,738$71,992$64,116$51,307
12 years$91,740$81,158$71,653$63,146$55,562$43,412
13 years$83,815$73,343$64,017$55,749$48,451$36,942
14 years$77,027$66,667$57,519$49,488$42,472$31,586
15 years$71,150$60,902$51,932$44,134$37,395$27,112
16 years$66,013$55,876$47,084$39,517$33,050$23,349
17 years$61,484$51,460$42,845$35,506$29,305$20,163
18 years$57,464$47,551$39,112$31,998$26,056$17,454
19 years$53,870$44,070$35,805$28,913$23,225$15,139
20 years$50,640$40,952$32,860$26,186$20,745$13,153
21 years$47,722$38,145$30,225$23,766$18,564$11,445
22 years$45,072$35,607$27,857$21,609$16,640$9,971
23 years$42,657$33,303$25,721$19,679$14,937$8,697
24 years$40,446$31,202$23,787$17,949$13,426$7,593
25 years$38,415$29,282$22,032$16,392$12,081$6,634
26 years$36,543$27,520$20,434$14,988$10,882$5,801
27 years$34,813$25,900$18,974$13,719$9,811$5,075
28 years$33,209$24,405$17,639$12,569$8,853$4,443
29 years$31,718$23,023$16,415$11,526$7,994$3,891
30 years$30,330$21,743$15,290$10,578$7,223$3,409
31 years$29,034$20,555$14,254$9,715$6,530$2,988
32 years$27,821$19,449$13,299$8,929$5,907$2,620
33 years$26,684$18,418$12,418$8,211$5,346$2,298
34 years$25,616$17,456$11,602$7,554$4,840$2,016
35 years$24,611$16,557$10,847$6,954$4,384$1,769
36 years$23,665$15,715$10,147$6,405$3,972$1,552
37 years$22,771$14,926$9,498$5,901$3,600$1,362
38 years$21,927$14,185$8,894$5,439$3,264$1,196
39 years$21,128$13,488$8,333$5,015$2,960$1,050
40 years$20,371$12,833$7,811$4,626$2,685$922
41 years$19,652$12,216$7,324$4,268$2,435$809
42 years$18,970$11,634$6,870$3,939$2,210$711
43 years$18,321$11,085$6,447$3,636$2,006$624
44 years$17,703$10,566$6,051$3,357$1,821$548
45 years$17,115$10,076$5,682$3,100$1,653$482
46 years$16,553$9,612$5,337$2,864$1,501$423
47 years$16,018$9,173$5,014$2,646$1,363$372
48 years$15,506$8,757$4,711$2,445$1,237$327
49 years$15,016$8,362$4,428$2,260$1,124$287
50 years$14,548$7,988$4,163$2,089$1,021$252

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 $4,149 every year, while hoping to spend $31,980 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: 38/49/13 Blend
44$14,900,000$14,900,000$14,900,000$14,900,000
45$16,424,080$15,634,380$15,403,430$16,983,216
46$18,065,309$16,366,438$15,885,418$18,114,111
47$19,872,873$17,133,295$16,382,481$19,332,073
48$21,863,702$17,936,623$16,895,091$20,647,617
49$24,056,455$18,778,173$17,423,732$22,069,522
50$26,471,693$19,659,782$17,968,906$23,607,409
51$29,132,071$20,583,378$18,531,130$25,271,825
52$32,062,557$21,550,978$19,110,938$27,074,335
53$35,290,661$22,564,699$19,708,877$29,027,622
54$38,846,700$23,626,761$20,325,516$31,145,597
55$42,764,081$24,739,490$20,961,439$33,443,525
56$47,079,618$25,905,326$21,617,248$35,938,157
57$51,833,879$27,126,826$22,293,565$38,647,879
58$57,071,566$28,406,672$22,991,031$41,592,876
59$62,841,942$29,747,676$23,710,307$44,795,311
60$69,199,293$31,152,784$24,452,075$48,279,523
61$76,203,439$32,625,089$25,217,038$52,072,246
62$83,920,301$34,167,829$26,005,920$56,202,848
63$92,422,522$35,784,404$26,819,469$60,703,596
64$101,790,155$37,478,374$27,658,456$65,609,948
65$112,111,412$39,253,476$28,523,676$70,960,870
66$123,483,505$41,113,626$29,415,948$76,799,194
67$136,013,559$43,062,930$30,336,119$83,172,005
68$149,819,623$45,105,694$31,285,060$90,131,066
69$165,031,785$47,246,433$32,263,669$97,733,296
70$181,793,399$49,489,881$33,272,875$106,041,283
71$200,262,443$51,841,002$34,313,633$115,123,861
72$220,613,001$54,305,000$35,386,928$125,056,740
73$243,036,915$56,887,334$36,493,779$135,923,196
74$267,745,593$59,593,725$37,635,233$147,814,840
75$294,972,002$62,430,176$38,812,371$160,832,461
76$324,972,869$65,402,978$40,026,309$175,086,949
77$358,031,107$68,518,729$41,278,196$190,700,324
78$394,458,482$71,784,349$42,569,217$207,806,856
79$434,598,558$75,207,093$43,900,597$226,554,310
80$478,829,939$78,794,568$45,273,594$247,105,311
81$527,569,844$82,554,753$46,689,511$269,638,848
82$581,278,045$86,496,013$48,149,687$294,351,937
83$640,461,210$90,627,122$49,655,506$321,461,444
84$705,677,680$94,957,278$51,208,392$351,206,102
85$777,542,748$99,496,129$52,809,818$383,848,726
86$856,734,460$104,253,791$54,461,298$419,678,659
87$944,000,021$109,240,873$56,164,397$459,014,463
88$1,040,162,846$114,468,498$57,920,728$502,206,888
89$1,146,130,336$119,948,335$59,731,952$549,642,136
90$1,262,902,443$125,692,616$61,599,785$601,745,468
91$1,391,581,109$131,714,171$63,525,995$658,985,163
92$1,533,380,672$138,026,455$65,512,405$721,876,900
93$1,689,639,326$144,643,577$67,560,897$790,988,565
94$1,861,831,759$151,580,333$69,673,408$866,945,566
95$2,051,583,070$158,852,242$71,851,939$950,436,674
96$2,260,684,115$166,475,574$74,098,552$1,042,220,470
97$2,491,108,414$174,467,396$76,415,372$1,143,132,441
98$2,745,030,779$182,845,605$78,804,594$1,254,092,808
99$3,024,847,848$191,628,969$81,268,477$1,376,115,136
100$3,333,200,712$200,837,172$83,809,355$1,510,315,842