Can I retire at age 45 with 19,300,000?

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 $19,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$1,593,776$1,579,579$1,565,729$1,552,210$1,539,009$1,516,010
2 years$788,998$774,304$760,063$746,255$732,861$709,743
3 years$520,774$506,016$491,811$478,133$464,957$442,438
4 years$386,688$371,975$357,912$344,468$331,612$309,864
5 years$306,257$291,633$277,755$264,584$252,086$231,174
6 years$252,655$238,140$224,467$211,590$199,467$179,415
7 years$214,382$199,990$186,533$173,960$162,220$143,034
8 years$185,691$171,428$158,195$145,931$134,577$116,255
9 years$163,387$149,259$136,253$124,301$113,333$95,866
10 years$145,554$131,565$118,789$107,148$96,566$79,939
11 years$130,973$117,124$104,580$93,251$83,050$67,248
12 years$118,831$105,124$92,812$81,794$71,969$56,972
13 years$108,565$95,002$82,921$72,212$62,759$48,546
14 years$99,774$86,354$74,505$64,101$55,014$41,562
15 years$92,161$78,886$67,268$57,167$48,438$35,724
16 years$85,506$72,376$60,988$51,187$42,810$30,808
17 years$79,641$66,656$55,497$45,991$37,958$26,643
18 years$74,433$61,593$50,662$41,447$33,751$23,096
19 years$69,778$57,084$46,378$37,451$30,083$20,062
20 years$65,595$53,045$42,564$33,919$26,871$17,457
21 years$61,814$49,409$39,150$30,784$24,046$15,213
22 years$58,382$46,122$36,083$27,990$21,554$13,274
23 years$55,253$43,137$33,316$25,491$19,348$11,596
24 years$52,389$40,416$30,812$23,249$17,390$10,139
25 years$49,758$37,929$28,538$21,232$15,649$8,873
26 years$47,334$35,647$26,468$19,414$14,096$7,771
27 years$45,093$33,548$24,578$17,770$12,709$6,810
28 years$43,015$31,612$22,848$16,281$11,467$5,971
29 years$41,085$29,822$21,262$14,930$10,355$5,238
30 years$39,286$28,164$19,805$13,702$9,356$4,597
31 years$37,607$26,624$18,463$12,584$8,459$4,036
32 years$36,036$25,192$17,227$11,565$7,652$3,544
33 years$34,563$23,857$16,085$10,635$6,925$3,114
34 years$33,180$22,611$15,029$9,785$6,269$2,736
35 years$31,879$21,446$14,051$9,008$5,678$2,405
36 years$30,653$20,356$13,144$8,296$5,145$2,114
37 years$29,496$19,333$12,303$7,644$4,663$1,858
38 years$28,402$18,374$11,521$7,045$4,228$1,634
39 years$27,367$17,471$10,794$6,496$3,834$1,437
40 years$26,386$16,623$10,117$5,992$3,477$1,264
41 years$25,456$15,823$9,487$5,528$3,155$1,112
42 years$24,572$15,070$8,899$5,102$2,863$978
43 years$23,731$14,358$8,350$4,710$2,598$861
44 years$22,931$13,686$7,838$4,349$2,358$757
45 years$22,169$13,051$7,360$4,016$2,141$666
46 years$21,442$12,450$6,912$3,710$1,944$586
47 years$20,748$11,881$6,494$3,427$1,765$516
48 years$20,085$11,342$6,103$3,167$1,603$454
49 years$19,450$10,831$5,736$2,927$1,456$400
50 years$18,844$10,347$5,393$2,705$1,322$352

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $19,300,000, adding $4,762 every year, while hoping to spend $57,566 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: 62/30/8 Blend
44$19,300,000$19,300,000$19,300,000$19,300,000
45$21,273,512$20,250,612$19,951,462$22,556,973
46$23,382,160$21,181,642$20,558,586$24,346,212
47$25,703,962$22,156,364$21,184,120$26,291,179
48$28,260,596$23,176,856$21,828,618$28,412,571
49$31,075,955$24,245,300$22,492,655$30,727,444
50$34,176,363$25,363,980$23,176,819$33,254,552
51$37,590,828$26,535,291$23,881,719$36,014,520
52$41,351,316$27,761,744$24,607,980$39,030,029
53$45,493,049$29,045,968$25,356,246$42,326,027
54$50,054,842$30,390,723$26,127,183$45,929,955
55$55,079,466$31,798,898$26,921,473$49,872,002
56$60,614,050$33,273,522$27,739,821$54,185,383
57$66,710,531$34,817,773$28,582,952$58,906,640
58$73,426,139$36,434,978$29,451,615$64,075,987
59$80,823,940$38,128,626$30,346,579$69,737,673
60$88,973,429$39,902,376$31,268,637$75,940,397
61$97,951,188$41,760,062$32,218,605$82,737,758
62$107,841,606$43,705,701$33,197,325$90,188,749
63$118,737,677$45,743,509$34,205,663$98,358,303
64$130,741,879$47,877,899$35,244,512$107,317,902
65$143,967,138$50,113,503$36,314,790$117,146,235
66$158,537,895$52,455,174$37,417,445$127,929,931
67$174,591,282$54,907,999$38,553,451$139,764,365
68$192,278,414$57,477,312$39,723,812$152,754,548
69$211,765,816$60,168,704$40,929,564$167,016,101
70$233,236,995$62,988,037$42,171,771$182,676,337
71$256,894,174$65,941,456$43,451,530$199,875,446
72$282,960,195$69,035,403$44,769,972$218,767,806
73$311,680,630$72,276,632$46,128,260$239,523,422
74$343,326,091$75,672,224$47,527,594$262,329,516
75$378,194,791$79,229,602$48,969,207$287,392,277
76$416,615,356$82,956,549$50,454,372$314,938,790
77$458,949,927$86,861,224$51,984,398$345,219,160
78$505,597,577$90,952,182$53,560,633$378,508,856
79$556,998,083$95,238,392$55,184,468$415,111,286
80$613,636,072$99,729,257$56,857,331$455,360,646
81$676,045,597$104,434,637$58,580,698$499,625,047
82$744,815,181$109,364,867$60,356,084$548,309,970
83$820,593,370$114,530,786$62,185,054$601,862,069
84$904,094,856$119,943,757$64,069,215$660,773,359
85$996,107,224$125,615,694$66,010,227$725,585,836
86$1,097,498,386$131,559,088$68,009,795$796,896,566
87$1,209,224,776$137,787,038$70,069,677$875,363,289
88$1,332,340,377$144,313,276$72,191,685$961,710,602
89$1,468,006,671$151,152,203$74,377,682$1,056,736,761
90$1,617,503,606$158,318,915$76,629,589$1,161,321,189
91$1,782,241,676$165,829,244$78,949,382$1,276,432,738
92$1,963,775,239$173,699,790$81,339,099$1,403,138,800
93$2,163,817,191$181,947,956$83,800,836$1,542,615,346
94$2,384,255,133$190,591,995$86,336,753$1,696,157,982
95$2,627,169,196$199,651,042$88,949,074$1,865,194,145
96$2,894,851,675$209,145,164$91,640,088$2,051,296,526
97$3,189,828,670$219,095,401$94,412,155$2,256,197,875
98$3,514,883,935$229,523,817$97,267,704$2,481,807,310
99$3,873,085,159$240,453,546$100,209,234$2,730,228,286
100$4,267,812,924$251,908,849$103,239,322$3,003,778,401