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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.2%
1 years$1,230,428$1,219,468$1,208,775$1,198,338$1,188,147$1,153,349
2 years$609,123$597,778$586,784$576,124$565,784$531,008
3 years$402,048$390,655$379,688$369,128$358,957$325,292
4 years$298,531$287,173$276,316$265,936$256,011$223,716
5 years$236,437$225,147$214,432$204,264$194,615$163,778
6 years$195,055$183,849$173,293$163,352$153,993$124,640
7 years$165,507$154,396$144,007$134,301$125,237$97,370
8 years$143,357$132,346$122,130$112,661$103,896$77,498
9 years$126,138$115,231$105,190$95,963$87,496$62,539
10 years$112,371$101,571$91,707$82,721$74,551$51,001
11 years$101,114$90,422$80,738$71,992$64,116$41,934
12 years$91,740$81,158$71,653$63,146$55,562$34,703
13 years$83,815$73,343$64,017$55,749$48,451$28,869
14 years$77,027$66,667$57,519$49,488$42,472$24,117
15 years$71,150$60,902$51,932$44,134$37,395$20,217
16 years$66,013$55,876$47,084$39,517$33,050$16,996
17 years$61,484$51,460$42,845$35,506$29,305$14,322
18 years$57,464$47,551$39,112$31,998$26,056$12,092
19 years$53,870$44,070$35,805$28,913$23,225$10,226
20 years$50,640$40,952$32,860$26,186$20,745$8,659
21 years$47,722$38,145$30,225$23,766$18,564$7,342
22 years$45,072$35,607$27,857$21,609$16,640$6,230
23 years$42,657$33,303$25,721$19,679$14,937$5,292
24 years$40,446$31,202$23,787$17,949$13,426$4,497
25 years$38,415$29,282$22,032$16,392$12,081$3,825
26 years$36,543$27,520$20,434$14,988$10,882$3,254
27 years$34,813$25,900$18,974$13,719$9,811$2,770
28 years$33,209$24,405$17,639$12,569$8,853$2,359
29 years$31,718$23,023$16,415$11,526$7,994$2,009
30 years$30,330$21,743$15,290$10,578$7,223$1,712
31 years$29,034$20,555$14,254$9,715$6,530$1,459
32 years$27,821$19,449$13,299$8,929$5,907$1,243
33 years$26,684$18,418$12,418$8,211$5,346$1,060
34 years$25,616$17,456$11,602$7,554$4,840$903
35 years$24,611$16,557$10,847$6,954$4,384$770
36 years$23,665$15,715$10,147$6,405$3,972$657
37 years$22,771$14,926$9,498$5,901$3,600$560
38 years$21,927$14,185$8,894$5,439$3,264$478
39 years$21,128$13,488$8,333$5,015$2,960$408
40 years$20,371$12,833$7,811$4,626$2,685$348
41 years$19,652$12,216$7,324$4,268$2,435$297
42 years$18,970$11,634$6,870$3,939$2,210$253
43 years$18,321$11,085$6,447$3,636$2,006$216
44 years$17,703$10,566$6,051$3,357$1,821$184
45 years$17,115$10,076$5,682$3,100$1,653$157
46 years$16,553$9,612$5,337$2,864$1,501$134
47 years$16,018$9,173$5,014$2,646$1,363$114
48 years$15,506$8,757$4,711$2,445$1,237$98
49 years$15,016$8,362$4,428$2,260$1,124$83
50 years$14,548$7,988$4,163$2,089$1,021$71

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 $4,596 every year, while hoping to spend $51,201 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: 42/39/19 Blend
44$14,900,000$14,900,000$14,900,000$14,900,000
45$16,424,541$15,634,841$15,403,891$17,022,765
46$18,045,366$16,346,471$15,865,444$18,158,761
47$19,829,800$17,091,254$16,340,743$19,382,816
48$21,794,476$17,870,762$16,830,194$20,707,284
49$23,957,724$18,686,640$17,334,216$22,141,402
50$26,339,738$19,540,612$17,853,239$23,695,309
51$28,962,776$20,434,487$18,387,707$25,380,132
52$31,851,360$21,370,157$18,938,076$27,208,087
53$35,032,512$22,349,609$19,504,815$29,192,583
54$38,536,010$23,374,921$20,088,408$31,348,351
55$42,394,665$24,448,274$20,689,352$33,691,565
56$46,644,635$25,571,953$21,308,159$36,239,996
57$51,325,761$26,748,352$21,945,356$39,013,168
58$56,481,949$27,979,982$22,601,485$42,032,536
59$62,161,577$29,269,471$23,277,105$45,321,676
60$68,417,960$30,619,577$23,972,790$48,906,506
61$75,309,845$32,033,189$24,689,131$52,815,514
62$82,901,969$33,513,335$25,426,737$57,080,022
63$91,265,672$35,063,190$26,186,234$61,734,471
64$100,479,565$36,686,081$26,968,267$66,816,732
65$110,630,276$38,385,494$27,773,500$72,368,459
66$121,813,266$40,165,085$28,602,614$78,435,462
67$134,133,730$42,028,685$29,456,312$85,068,138
68$147,707,590$43,980,311$30,335,318$92,321,924
69$162,662,588$46,024,170$31,240,376$100,257,812
70$179,139,495$48,164,677$32,172,251$108,942,913
71$197,293,433$50,406,456$33,131,731$118,451,071
72$217,295,348$52,754,357$34,119,628$128,863,550
73$239,333,613$55,213,461$35,136,776$140,269,780
74$263,615,818$57,789,096$36,184,034$152,768,189
75$290,370,718$60,486,848$37,262,286$166,467,114
76$319,850,399$63,312,572$38,372,441$181,485,806
77$352,332,657$66,272,405$39,515,434$197,955,532
78$388,123,616$69,372,781$40,692,230$216,020,803
79$427,560,625$72,620,447$41,903,819$235,840,710
80$471,015,432$76,022,473$43,151,221$257,590,409
81$518,897,704$79,586,272$44,435,484$281,462,746
82$571,658,887$83,319,616$45,757,690$307,670,062
83$629,796,469$87,230,653$47,118,948$336,446,167
84$693,858,678$91,327,924$48,520,403$368,048,521
85$764,449,657$95,620,386$49,963,230$402,760,640
86$842,235,163$100,117,426$51,448,639$440,894,743
87$927,948,857$104,828,887$52,977,876$482,794,669
88$1,022,399,228$109,765,090$54,552,222$528,839,093
89$1,126,477,224$114,936,854$56,172,996$579,445,068
90$1,241,164,664$120,355,523$57,841,555$635,071,925
91$1,367,543,505$126,032,989$59,559,292$696,225,579
92$1,506,806,060$131,981,723$61,327,646$763,463,262
93$1,660,266,248$138,214,798$63,148,092$837,398,749
94$1,829,372,004$144,745,922$65,022,152$918,708,108
95$2,015,718,943$151,589,466$66,951,388$1,008,136,042
96$2,221,065,425$158,760,500$68,937,410$1,106,502,871
97$2,447,349,159$166,274,825$70,981,874$1,214,712,233
98$2,696,705,487$174,149,005$73,086,481$1,333,759,563
99$2,971,487,552$182,400,412$75,252,983$1,464,741,441
100$3,274,288,509$191,047,259$77,483,184$1,608,865,887