Can I retire at age 45 with 14,500,000?

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 $14,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,113,013
2 years$592,771$581,731$571,031$560,658$550,595$507,530
3 years$391,255$380,167$369,495$359,219$349,320$307,781
4 years$290,517$279,463$268,898$258,797$249,138$209,442
5 years$230,090$219,103$208,676$198,781$189,391$151,640
6 years$189,818$178,914$168,641$158,967$149,859$114,080
7 years$161,064$150,252$140,141$130,695$121,875$88,059
8 years$139,508$128,793$118,851$109,637$101,107$69,222
9 years$122,752$112,138$102,366$93,386$85,147$55,149
10 years$109,354$98,844$89,245$80,500$72,549$44,384
11 years$98,400$87,995$78,570$70,059$62,395$36,000
12 years$89,277$78,980$69,729$61,451$54,070$29,380
13 years$81,565$71,374$62,298$54,252$47,150$24,093
14 years$74,959$64,877$55,975$48,159$41,332$19,836
15 years$69,240$59,267$50,538$42,949$36,392$16,382
16 years$64,240$54,376$45,820$38,457$32,163$13,564
17 years$59,834$50,078$41,695$34,553$28,518$11,255
18 years$55,921$46,275$38,062$31,139$25,357$9,355
19 years$52,424$42,887$34,844$28,137$22,601$7,787
20 years$49,281$39,852$31,978$25,483$20,188$6,489
21 years$46,441$37,121$29,413$23,128$18,066$5,413
22 years$43,862$34,651$27,109$21,028$16,193$4,519
23 years$41,511$32,408$25,030$19,151$14,536$3,775
24 years$39,360$30,365$23,149$17,467$13,065$3,155
25 years$37,383$28,496$21,441$15,952$11,757$2,638
26 years$35,562$26,781$19,885$14,585$10,590$2,207
27 years$33,878$25,204$18,465$13,350$9,548$1,847
28 years$32,317$23,750$17,166$12,232$8,615$1,546
29 years$30,867$22,405$15,974$11,217$7,779$1,294
30 years$29,516$21,160$14,879$10,294$7,029$1,084
31 years$28,254$20,003$13,871$9,454$6,355$908
32 years$27,074$18,927$12,942$8,689$5,749$760
33 years$25,967$17,924$12,084$7,990$5,202$637
34 years$24,928$16,988$11,291$7,352$4,710$534
35 years$23,951$16,113$10,556$6,768$4,266$447
36 years$23,029$15,293$9,875$6,233$3,865$375
37 years$22,160$14,525$9,243$5,743$3,503$314
38 years$21,338$13,804$8,656$5,293$3,176$263
39 years$20,561$13,126$8,109$4,881$2,880$221
40 years$19,824$12,489$7,601$4,502$2,612$185
41 years$19,125$11,888$7,127$4,153$2,370$155
42 years$18,461$11,322$6,686$3,833$2,151$130
43 years$17,829$10,787$6,273$3,538$1,952$109
44 years$17,228$10,282$5,889$3,267$1,772$91
45 years$16,655$9,805$5,529$3,017$1,608$76
46 years$16,109$9,354$5,193$2,787$1,460$64
47 years$15,588$8,926$4,879$2,575$1,326$54
48 years$15,089$8,521$4,585$2,379$1,204$45
49 years$14,613$8,138$4,310$2,199$1,094$38
50 years$14,157$7,773$4,052$2,032$993$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $14,500,000, adding $5,359 every year, while hoping to spend $26,711 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: 22/50/28 Blend
44$14,500,000$14,500,000$14,500,000$14,500,000
45$15,984,528$15,216,028$14,991,278$16,193,960
46$17,586,529$15,933,193$15,465,065$17,097,519
47$19,351,040$16,684,604$15,953,829$18,060,911
48$21,294,607$17,471,910$16,458,044$19,091,013
49$23,435,465$18,296,843$16,978,197$20,193,295
50$25,793,709$19,161,214$17,514,792$21,373,726
51$28,391,479$20,066,926$18,068,350$22,638,821
52$31,253,177$21,015,972$18,639,407$23,995,697
53$34,405,690$22,010,444$19,228,516$25,452,130
54$37,878,647$23,052,532$19,836,248$27,016,617
55$41,704,698$24,144,535$20,463,191$28,698,450
56$45,919,823$25,288,863$21,109,954$30,507,791
57$50,563,670$26,488,042$21,777,162$32,455,761
58$55,679,930$27,744,721$22,465,462$34,554,526
59$61,316,749$29,061,680$23,175,522$36,817,412
60$67,527,185$30,441,829$23,908,029$39,259,006
61$74,369,703$31,888,223$24,663,693$41,895,292
62$81,908,732$33,404,066$25,443,246$44,743,781
63$90,215,271$34,992,714$26,247,444$47,823,666
64$99,367,561$36,657,689$27,077,066$51,155,988
65$109,451,820$38,402,683$27,932,915$54,763,819
66$120,563,060$40,231,569$28,815,821$58,672,465
67$132,805,981$42,148,405$29,726,641$62,909,686
68$146,295,963$44,157,449$30,666,255$67,505,943
69$161,160,152$46,263,165$31,635,576$72,494,667
70$177,538,662$48,470,234$32,635,541$77,912,553
71$195,585,895$50,783,565$33,667,122$83,799,891
72$215,472,001$53,208,305$34,731,316$90,200,921
73$237,384,486$55,749,852$35,829,155$97,164,231
74$261,529,976$58,413,867$36,961,704$104,743,193
75$288,136,172$61,206,286$38,130,060$112,996,442
76$317,454,000$64,133,332$39,335,355$121,988,404
77$349,759,976$67,201,533$40,578,758$131,789,880
78$385,358,820$70,417,735$41,861,473$142,478,686
79$424,586,331$73,789,116$43,184,744$154,140,357
80$467,812,557$77,323,202$44,549,853$166,868,927
81$515,445,289$81,027,890$45,958,123$180,767,785
82$567,933,908$84,911,456$47,410,920$195,950,616
83$625,773,632$88,982,583$48,909,651$212,542,442
84$689,510,188$93,250,375$50,455,770$230,680,764
85$759,744,963$97,724,379$52,050,774$250,516,824
86$837,140,684$102,414,609$53,696,210$272,216,994
87$922,427,674$107,331,565$55,393,673$295,964,301
88$1,016,410,744$112,486,258$57,144,808$321,960,116
89$1,119,976,793$117,890,239$58,951,313$350,426,009
90$1,234,103,183$123,555,617$60,814,939$381,605,789
91$1,359,866,960$129,495,094$62,737,491$415,767,761
92$1,498,455,027$135,721,992$64,720,835$453,207,203
93$1,651,175,349$142,250,279$66,766,892$494,249,102
94$1,819,469,298$149,094,606$68,877,647$539,251,164
95$2,004,925,263$156,270,338$71,055,144$588,607,127
96$2,209,293,645$163,793,589$73,301,496$642,750,422
97$2,434,503,380$171,681,258$75,618,880$702,158,195
98$2,682,680,155$179,951,070$78,009,542$767,355,744
99$2,956,166,469$188,621,611$80,475,801$838,921,404
100$3,257,543,756$197,712,377$83,020,046$917,491,934