Can I retire at age 45 with 13,900,000?

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,100,498
2 years$568,242$557,659$547,403$537,458$527,812$519,838
3 years$375,065$364,436$354,206$344,355$334,866$327,073
4 years$278,495$267,899$257,771$248,088$238,829$231,277
5 years$220,569$210,036$200,041$190,555$181,554$174,265
6 years$181,964$171,510$161,663$152,389$143,658$136,641
7 years$154,399$144,034$134,343$125,287$116,832$110,091
8 years$133,736$123,464$113,933$105,100$96,923$90,458
9 years$117,672$107,498$98,131$89,522$81,624$75,432
10 years$104,829$94,754$85,552$77,169$69,547$63,627
11 years$94,328$84,354$75,319$67,160$59,813$54,159
12 years$85,583$75,711$66,844$58,908$51,833$46,440
13 years$78,190$68,421$59,720$52,007$45,199$40,062
14 years$71,858$62,193$53,659$46,166$39,621$34,734
15 years$66,375$56,814$48,447$41,172$34,886$30,241
16 years$61,582$52,126$43,924$36,865$30,832$26,423
17 years$57,358$48,006$39,969$33,123$27,338$23,158
18 years$53,607$44,360$36,487$29,851$24,308$20,349
19 years$50,255$41,112$33,402$26,973$21,666$17,921
20 years$47,242$38,203$30,655$24,429$19,352$15,813
21 years$44,519$35,585$28,196$22,171$17,318$13,977
22 years$42,047$33,217$25,987$20,158$15,523$12,372
23 years$39,794$31,067$23,995$18,359$13,935$10,966
24 years$37,731$29,108$22,191$16,744$12,525$9,731
25 years$35,836$27,317$20,553$15,292$11,270$8,643
26 years$34,090$25,673$19,062$13,982$10,152$7,684
27 years$32,476$24,161$17,701$12,798$9,153$6,836
28 years$30,980$22,767$16,455$11,726$8,259$6,086
29 years$29,590$21,478$15,313$10,753$7,457$5,422
30 years$28,294$20,284$14,264$9,868$6,738$4,833
31 years$27,085$19,175$13,297$9,063$6,092$4,309
32 years$25,954$18,144$12,407$8,329$5,511$3,845
33 years$24,893$17,182$11,584$7,660$4,987$3,431
34 years$23,897$16,285$10,824$7,047$4,515$3,063
35 years$22,960$15,446$10,119$6,488$4,090$2,736
36 years$22,076$14,660$9,466$5,975$3,705$2,444
37 years$21,243$13,924$8,860$5,505$3,358$2,183
38 years$20,455$13,233$8,297$5,074$3,045$1,951
39 years$19,710$12,583$7,774$4,679$2,761$1,744
40 years$19,003$11,972$7,286$4,315$2,504$1,559
41 years$18,333$11,396$6,832$3,981$2,272$1,394
42 years$17,697$10,853$6,409$3,674$2,062$1,247
43 years$17,091$10,341$6,014$3,392$1,871$1,115
44 years$16,515$9,857$5,645$3,132$1,698$997
45 years$15,966$9,400$5,301$2,892$1,542$892
46 years$15,442$8,967$4,978$2,672$1,400$798
47 years$14,943$8,557$4,677$2,468$1,271$714
48 years$14,465$8,169$4,395$2,281$1,154$639
49 years$14,008$7,801$4,131$2,108$1,048$572
50 years$13,571$7,452$3,884$1,948$952$511

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $13,900,000, adding $5,102 every year, while hoping to spend $24,751 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: 61/22/17 Blend
44$13,900,000$13,900,000$13,900,000$13,900,000
45$15,323,063$14,586,363$14,370,913$16,191,193
46$16,859,680$15,274,760$14,826,003$17,465,450
47$18,552,203$15,996,058$15,295,510$18,852,215
48$20,416,508$16,751,845$15,779,890$20,365,028
49$22,470,089$17,543,783$16,279,613$22,016,118
50$24,732,225$18,373,615$16,795,167$23,818,932
51$27,224,159$19,243,170$17,327,053$25,788,260
52$29,969,303$20,154,364$17,875,788$27,940,372
53$32,993,451$21,109,208$18,441,907$30,293,167
54$36,325,033$22,109,808$19,025,960$32,866,337
55$39,995,372$23,158,375$19,628,515$35,681,550
56$44,038,989$24,257,224$20,250,160$38,762,649
57$48,493,924$25,408,787$20,891,499$42,135,872
58$53,402,096$26,615,608$21,553,155$45,830,095
59$58,809,697$27,880,361$22,235,774$49,877,100
60$64,767,633$29,205,845$22,940,018$54,311,869
61$71,331,997$30,594,997$23,666,575$59,172,907
62$78,564,605$32,050,897$24,416,149$64,502,604
63$86,533,577$33,576,773$25,189,473$70,347,624
64$95,313,979$35,176,011$25,987,297$76,759,343
65$104,988,532$36,852,163$26,810,398$83,794,322
66$115,648,393$38,608,951$27,659,578$91,514,840
67$127,394,019$40,450,278$28,535,663$99,989,471
68$140,336,107$42,380,240$29,439,506$109,293,724
69$154,596,646$44,403,128$30,371,986$119,510,747
70$170,310,068$46,523,446$31,334,012$130,732,106
71$187,624,513$48,745,912$32,326,519$143,058,639
72$206,703,229$51,075,478$33,350,473$156,601,397
73$227,726,117$53,517,335$34,406,873$171,482,684
74$250,891,423$56,076,926$35,496,745$187,837,205
75$276,417,613$58,759,961$36,621,151$205,813,319
76$304,545,436$61,572,425$37,781,185$225,574,437
77$335,540,193$64,520,596$38,977,977$247,300,547
78$369,694,245$67,611,058$40,212,692$271,189,905
79$407,329,773$70,850,715$41,486,533$297,460,891
80$448,801,816$74,246,806$42,800,738$326,354,059
81$494,501,627$77,806,925$44,156,588$358,134,393
82$544,860,362$81,539,033$45,555,402$393,093,796
83$600,353,154$85,451,481$46,998,544$431,553,828
84$661,503,598$89,553,026$48,487,417$473,868,727
85$728,888,691$93,852,850$50,023,472$520,428,737
86$803,144,283$98,360,586$51,608,204$571,663,775
87$884,971,077$103,086,332$53,243,156$628,047,469
88$975,141,246$108,040,681$54,929,921$690,101,613
89$1,074,505,720$113,234,742$56,670,140$758,401,074
90$1,184,002,223$118,680,163$58,465,509$833,579,192
91$1,304,664,122$124,389,164$60,317,776$916,333,746
92$1,437,630,185$130,374,556$62,228,744$1,007,433,513
93$1,584,155,332$136,649,777$64,200,275$1,107,725,503
94$1,745,622,481$143,228,920$66,234,289$1,218,142,931
95$1,923,555,602$150,126,766$68,332,766$1,339,714,000
96$2,119,634,111$157,358,814$70,497,751$1,473,571,582
97$2,335,708,716$164,941,322$72,731,351$1,620,963,885
98$2,573,818,896$172,891,338$75,035,743$1,783,266,202
99$2,836,212,153$181,226,743$77,413,170$1,961,993,872
100$3,125,365,230$189,966,291$79,865,948$2,158,816,545