Can I retire at age 45 with 14,800,000?

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 $14,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$1,222,170$1,211,284$1,200,662$1,190,296$1,180,173$1,166,393
2 years$605,035$593,767$582,846$572,257$561,987$548,117
3 years$399,350$388,033$377,140$366,651$356,548$343,018
4 years$296,528$285,245$274,461$264,151$254,293$241,208
5 years$234,850$223,636$212,993$202,894$193,309$180,707
6 years$193,746$182,615$172,130$162,256$152,959$140,855
7 years$164,396$153,360$143,041$133,399$124,397$112,796
8 years$142,395$131,458$121,310$111,905$103,199$92,101
9 years$125,291$114,458$104,484$95,319$86,909$76,308
10 years$111,617$100,889$91,092$82,165$74,050$63,940
11 years$100,435$89,816$80,196$71,509$63,686$54,058
12 years$91,125$80,614$71,172$62,723$55,189$46,032
13 years$83,252$72,851$63,587$55,375$48,126$39,429
14 years$76,510$66,220$57,133$49,155$42,187$33,938
15 years$70,673$60,493$51,584$43,838$37,144$29,330
16 years$65,570$55,501$46,768$39,252$32,828$25,435
17 years$61,072$51,114$42,557$35,268$29,108$22,121
18 years$57,078$47,232$38,849$31,783$25,881$19,287
19 years$53,509$43,774$35,565$28,719$23,069$16,851
20 years$50,301$40,677$32,639$26,011$20,605$14,750
21 years$47,402$37,889$30,022$23,606$18,439$12,931
22 years$44,770$35,368$27,670$21,463$16,528$11,352
23 years$42,370$33,079$25,548$19,547$14,837$9,978
24 years$40,174$30,993$23,628$17,828$13,336$8,779
25 years$38,157$29,085$21,884$16,282$12,000$7,731
26 years$36,298$27,336$20,296$14,887$10,809$6,814
27 years$34,579$25,726$18,847$13,627$9,745$6,010
28 years$32,986$24,241$17,521$12,485$8,793$5,303
29 years$31,506$22,869$16,305$11,449$7,940$4,683
30 years$30,126$21,597$15,187$10,507$7,175$4,137
31 years$28,839$20,417$14,158$9,650$6,486$3,656
32 years$27,634$19,318$13,210$8,869$5,867$3,232
33 years$26,505$18,295$12,334$8,155$5,310$2,858
34 years$25,444$17,339$11,524$7,504$4,808$2,528
35 years$24,446$16,446$10,775$6,908$4,354$2,237
36 years$23,506$15,610$10,079$6,362$3,945$1,980
37 years$22,618$14,826$9,434$5,861$3,576$1,753
38 years$21,780$14,090$8,835$5,403$3,242$1,552
39 years$20,986$13,398$8,277$4,982$2,940$1,374
40 years$20,234$12,747$7,758$4,595$2,666$1,217
41 years$19,520$12,134$7,275$4,239$2,419$1,078
42 years$18,843$11,556$6,824$3,912$2,195$955
43 years$18,198$11,010$6,403$3,612$1,992$846
44 years$17,585$10,495$6,011$3,335$1,808$749
45 years$17,000$10,008$5,644$3,080$1,642$664
46 years$16,442$9,547$5,301$2,845$1,491$588
47 years$15,910$9,111$4,980$2,628$1,353$521
48 years$15,402$8,698$4,680$2,429$1,229$462
49 years$14,915$8,306$4,399$2,244$1,116$409
50 years$14,450$7,934$4,135$2,075$1,014$363

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $14,800,000, adding $6,529 every year, while hoping to spend $53,705 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: 49/41/10 Blend
44$14,800,000$14,800,000$14,800,000$14,800,000
45$16,316,335$15,531,935$15,302,535$17,071,647
46$17,923,459$16,235,858$15,758,028$18,293,977
47$19,692,710$16,972,473$16,226,980$19,614,747
48$21,640,568$17,743,326$16,709,786$21,048,121
49$23,785,193$18,550,035$17,206,850$22,604,646
50$26,146,594$19,394,298$17,718,591$24,295,897
51$28,746,819$20,277,892$18,245,437$26,134,591
52$31,610,167$21,202,680$18,787,830$28,134,694
53$34,763,407$22,170,615$19,346,226$30,311,549
54$38,236,041$23,183,742$19,921,091$32,682,015
55$42,060,578$24,244,206$20,512,908$35,264,616
56$46,272,837$25,354,252$21,122,171$38,079,714
57$50,912,293$26,516,237$21,749,390$41,149,689
58$56,022,441$27,732,627$22,395,089$44,499,143
59$61,651,213$29,006,008$23,059,807$48,155,126
60$67,851,426$30,339,092$23,744,100$52,147,382
61$74,681,281$31,734,718$24,448,538$56,508,620
62$82,204,916$33,195,863$25,173,708$61,274,813
63$90,493,006$34,725,648$25,920,215$66,485,529
64$99,623,430$36,327,343$26,688,680$72,184,294
65$109,682,013$38,004,376$27,479,744$78,418,990
66$120,763,326$39,760,338$28,294,063$85,242,297
67$132,971,586$41,598,995$29,132,315$92,712,181
68$146,421,636$43,524,295$29,995,196$100,892,423
69$161,240,031$45,540,373$30,883,422$109,853,214
70$177,566,228$47,651,565$31,797,731$119,671,800
71$195,553,908$49,862,417$32,738,880$130,433,199
72$215,372,424$52,177,692$33,707,649$142,230,987
73$237,208,396$54,602,384$34,704,841$155,168,167
74$261,267,479$57,141,727$35,731,280$169,358,125
75$287,776,300$59,801,209$36,787,815$184,925,682
76$316,984,595$62,586,581$37,875,320$202,008,256
77$349,167,572$65,503,873$38,994,692$220,757,140
78$384,628,506$68,559,404$40,146,855$241,338,910
79$423,701,599$71,759,800$41,332,760$263,936,977
80$466,755,138$75,112,006$42,553,383$288,753,297
81$514,194,971$78,623,303$43,809,731$316,010,255
82$566,468,338$82,301,325$45,102,837$345,952,742
83$624,068,091$86,154,073$46,433,764$378,850,439
84$687,537,348$90,189,934$47,803,607$415,000,342
85$757,474,621$94,417,704$49,213,491$454,729,533
86$834,539,461$98,846,600$50,664,572$498,398,242
87$919,458,692$103,486,290$52,158,041$546,403,219
88$1,013,033,265$108,346,904$53,695,122$599,181,447
89$1,116,145,823$113,439,067$55,277,073$657,214,235
90$1,229,769,031$118,773,916$56,905,189$721,031,728
91$1,354,974,761$124,363,126$58,580,802$791,217,873
92$1,492,944,208$130,218,941$60,305,280$868,415,901
93$1,644,979,042$136,354,194$62,080,032$953,334,353
94$1,812,513,697$142,782,342$63,906,506$1,046,753,732
95$1,997,128,911$149,517,494$65,786,191$1,149,533,827
96$2,200,566,649$156,574,440$67,720,617$1,262,621,786
97$2,424,746,550$163,968,691$69,711,361$1,387,061,009
98$2,671,784,047$171,716,506$71,760,041$1,524,000,948
99$2,944,010,340$179,834,934$73,868,322$1,674,707,910
100$3,243,994,400$188,341,852$76,037,916$1,840,576,954