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%17.4%
1 years$1,593,776$1,579,579$1,565,729$1,552,210$1,539,009$1,492,734
2 years$788,998$774,304$760,063$746,255$732,861$686,630
3 years$520,774$506,016$491,811$478,133$464,957$420,219
4 years$386,688$371,975$357,912$344,468$331,612$288,709
5 years$306,257$291,633$277,755$264,584$252,086$211,136
6 years$252,655$238,140$224,467$211,590$199,467$160,506
7 years$214,382$199,990$186,533$173,960$162,220$125,246
8 years$185,691$171,428$158,195$145,931$134,577$99,567
9 years$163,387$149,259$136,253$124,301$113,333$80,251
10 years$145,554$131,565$118,789$107,148$96,566$65,363
11 years$130,973$117,124$104,580$93,251$83,050$53,674
12 years$118,831$105,124$92,812$81,794$71,969$44,360
13 years$108,565$95,002$82,921$72,212$62,759$36,853
14 years$99,774$86,354$74,505$64,101$55,014$30,744
15 years$92,161$78,886$67,268$57,167$48,438$25,736
16 years$85,506$72,376$60,988$51,187$42,810$21,604
17 years$79,641$66,656$55,497$45,991$37,958$18,178
18 years$74,433$61,593$50,662$41,447$33,751$15,325
19 years$69,778$57,084$46,378$37,451$30,083$12,941
20 years$65,595$53,045$42,564$33,919$26,871$10,942
21 years$61,814$49,409$39,150$30,784$24,046$9,262
22 years$58,382$46,122$36,083$27,990$21,554$7,848
23 years$55,253$43,137$33,316$25,491$19,348$6,655
24 years$52,389$40,416$30,812$23,249$17,390$5,647
25 years$49,758$37,929$28,538$21,232$15,649$4,795
26 years$47,334$35,647$26,468$19,414$14,096$4,073
27 years$45,093$33,548$24,578$17,770$12,709$3,461
28 years$43,015$31,612$22,848$16,281$11,467$2,943
29 years$41,085$29,822$21,262$14,930$10,355$2,502
30 years$39,286$28,164$19,805$13,702$9,356$2,128
31 years$37,607$26,624$18,463$12,584$8,459$1,811
32 years$36,036$25,192$17,227$11,565$7,652$1,541
33 years$34,563$23,857$16,085$10,635$6,925$1,311
34 years$33,180$22,611$15,029$9,785$6,269$1,116
35 years$31,879$21,446$14,051$9,008$5,678$950
36 years$30,653$20,356$13,144$8,296$5,145$809
37 years$29,496$19,333$12,303$7,644$4,663$689
38 years$28,402$18,374$11,521$7,045$4,228$586
39 years$27,367$17,471$10,794$6,496$3,834$499
40 years$26,386$16,623$10,117$5,992$3,477$425
41 years$25,456$15,823$9,487$5,528$3,155$362
42 years$24,572$15,070$8,899$5,102$2,863$308
43 years$23,731$14,358$8,350$4,710$2,598$263
44 years$22,931$13,686$7,838$4,349$2,358$224
45 years$22,169$13,051$7,360$4,016$2,141$190
46 years$21,442$12,450$6,912$3,710$1,944$162
47 years$20,748$11,881$6,494$3,427$1,765$138
48 years$20,085$11,342$6,103$3,167$1,603$118
49 years$19,450$10,831$5,736$2,927$1,456$100
50 years$18,844$10,347$5,393$2,705$1,322$85

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 $3,069 every year, while hoping to spend $55,782 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: 62/11/27 Blend
44$19,300,000$19,300,000$19,300,000$19,300,000
45$21,271,766$20,248,866$19,949,716$22,436,860
46$23,382,134$21,181,708$20,558,680$24,161,174
47$25,705,891$22,158,391$21,186,174$26,036,801
48$28,264,742$23,181,002$21,832,761$28,083,686
49$31,082,607$24,251,733$22,499,020$30,318,586
50$34,185,842$25,372,877$23,185,546$32,759,941
51$37,603,490$26,546,841$23,892,955$35,428,042
52$41,367,556$27,776,145$24,621,878$38,345,223
53$45,513,304$29,063,434$25,372,969$41,536,068
54$50,079,596$30,411,477$26,146,898$45,027,633
55$55,109,254$31,823,178$26,944,358$48,849,706
56$60,649,465$33,301,581$27,766,061$53,035,077
57$66,752,228$34,849,876$28,612,742$57,619,846
58$73,474,843$36,471,408$29,485,157$62,643,762
59$80,880,452$38,169,683$30,384,085$68,150,586
60$89,038,636$39,948,375$31,310,329$74,188,508
61$98,026,069$41,811,337$32,264,717$80,810,590
62$107,927,242$43,762,607$33,248,099$88,075,264
63$118,835,264$45,806,418$34,261,354$96,046,879
64$130,852,737$47,947,209$35,305,386$104,796,301
65$144,092,725$50,189,631$36,381,125$114,401,577
66$158,679,822$52,538,561$37,489,532$124,948,665
67$174,751,326$54,999,113$38,631,593$136,532,239
68$192,458,538$57,576,646$39,808,328$149,256,576
69$211,968,186$60,276,779$41,020,784$163,236,534
70$233,464,003$63,105,403$42,270,043$178,598,627
71$257,148,458$66,068,694$43,557,216$195,482,213
72$283,244,668$69,173,128$44,883,449$214,040,802
73$311,998,504$72,425,491$46,249,925$234,443,496
74$343,680,911$75,832,900$47,657,857$256,876,577
75$378,590,469$79,402,817$49,108,501$281,545,257
76$417,056,206$83,143,064$50,603,145$308,675,605
77$459,440,708$87,061,844$52,143,119$338,516,670
78$506,143,540$91,167,753$53,729,793$371,342,827
79$557,605,016$95,469,808$55,364,576$407,456,350
80$614,310,360$99,977,461$57,048,922$447,190,260
81$676,794,283$104,700,623$58,784,327$490,911,454
82$745,646,031$109,649,684$60,572,332$539,024,158
83$821,514,946$114,835,539$62,414,526$591,973,730
84$905,116,601$120,269,611$64,312,543$650,250,852
85$997,239,550$125,963,877$66,268,068$714,396,148
86$1,098,752,772$131,930,895$68,282,837$785,005,274
87$1,210,613,879$138,183,834$70,358,637$862,734,527
88$1,333,878,152$144,736,498$72,497,307$948,307,024
89$1,469,708,502$151,603,365$74,700,746$1,042,519,513
90$1,619,386,453$158,799,614$76,970,905$1,146,249,879
91$1,784,324,237$166,341,161$79,309,796$1,260,465,414
92$1,966,078,127$174,244,696$81,719,492$1,386,231,931
93$2,166,363,128$182,527,718$84,202,127$1,524,723,804
94$2,387,069,167$191,208,576$86,759,898$1,677,235,040
95$2,630,278,938$200,306,512$89,395,070$1,845,191,469
96$2,898,287,559$209,841,701$92,109,975$2,030,164,190
97$3,193,624,246$219,835,300$94,907,015$2,233,884,373
98$3,519,076,182$230,309,492$97,788,663$2,458,259,587
99$3,877,714,837$241,287,542$100,757,468$2,705,391,777
100$4,272,924,961$252,793,842$103,816,053$2,977,597,089