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%19%
1 years$1,593,776$1,579,579$1,565,729$1,552,210$1,539,009$1,483,224
2 years$788,998$774,304$760,063$746,255$732,861$677,271
3 years$520,774$506,016$491,811$478,133$464,957$411,310
4 years$386,688$371,975$357,912$344,468$331,612$280,316
5 years$306,257$291,633$277,755$264,584$252,086$203,276
6 years$252,655$238,140$224,467$211,590$199,467$153,179
7 years$214,382$199,990$186,533$173,960$162,220$118,443
8 years$185,691$171,428$158,195$145,931$134,577$93,273
9 years$163,387$149,259$136,253$124,301$113,333$74,446
10 years$145,554$131,565$118,789$107,148$96,566$60,028
11 years$130,973$117,124$104,580$93,251$83,050$48,785
12 years$118,831$105,124$92,812$81,794$71,969$39,893
13 years$108,565$95,002$82,921$72,212$62,759$32,782
14 years$99,774$86,354$74,505$64,101$55,014$27,046
15 years$92,161$78,886$67,268$57,167$48,438$22,385
16 years$85,506$72,376$60,988$51,187$42,810$18,575
17 years$79,641$66,656$55,497$45,991$37,958$15,447
18 years$74,433$61,593$50,662$41,447$33,751$12,868
19 years$69,778$57,084$46,378$37,451$30,083$10,735
20 years$65,595$53,045$42,564$33,919$26,871$8,967
21 years$61,814$49,409$39,150$30,784$24,046$7,497
22 years$58,382$46,122$36,083$27,990$21,554$6,273
23 years$55,253$43,137$33,316$25,491$19,348$5,253
24 years$52,389$40,416$30,812$23,249$17,390$4,401
25 years$49,758$37,929$28,538$21,232$15,649$3,689
26 years$47,334$35,647$26,468$19,414$14,096$3,094
27 years$45,093$33,548$24,578$17,770$12,709$2,595
28 years$43,015$31,612$22,848$16,281$11,467$2,178
29 years$41,085$29,822$21,262$14,930$10,355$1,828
30 years$39,286$28,164$19,805$13,702$9,356$1,534
31 years$37,607$26,624$18,463$12,584$8,459$1,288
32 years$36,036$25,192$17,227$11,565$7,652$1,082
33 years$34,563$23,857$16,085$10,635$6,925$908
34 years$33,180$22,611$15,029$9,785$6,269$763
35 years$31,879$21,446$14,051$9,008$5,678$641
36 years$30,653$20,356$13,144$8,296$5,145$538
37 years$29,496$19,333$12,303$7,644$4,663$452
38 years$28,402$18,374$11,521$7,045$4,228$380
39 years$27,367$17,471$10,794$6,496$3,834$319
40 years$26,386$16,623$10,117$5,992$3,477$268
41 years$25,456$15,823$9,487$5,528$3,155$225
42 years$24,572$15,070$8,899$5,102$2,863$189
43 years$23,731$14,358$8,350$4,710$2,598$159
44 years$22,931$13,686$7,838$4,349$2,358$134
45 years$22,169$13,051$7,360$4,016$2,141$112
46 years$21,442$12,450$6,912$3,710$1,944$94
47 years$20,748$11,881$6,494$3,427$1,765$79
48 years$20,085$11,342$6,103$3,167$1,603$67
49 years$19,450$10,831$5,736$2,927$1,456$56
50 years$18,844$10,347$5,393$2,705$1,322$47

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 $3,651 every year, while hoping to spend $33,815 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: 62/15/23 Blend
44$19,300,000$19,300,000$19,300,000$19,300,000
45$21,272,366$20,249,466$19,950,316$22,462,380
46$23,406,168$21,205,711$20,582,673$24,224,170
47$25,756,485$22,207,679$21,235,080$26,142,830
48$28,345,366$23,257,574$21,908,174$28,236,947
49$31,197,106$24,357,708$22,602,611$30,523,641
50$34,338,480$25,510,504$23,319,067$33,021,749
51$37,798,991$26,718,505$24,058,242$35,751,993
52$41,611,150$27,984,374$24,820,855$38,737,178
53$45,810,785$29,310,906$25,607,652$42,002,399
54$50,437,374$30,701,030$26,419,397$45,575,272
55$55,534,423$32,157,817$27,256,884$49,486,193
56$61,149,873$33,684,489$28,120,928$53,768,620
57$67,336,553$35,284,422$29,012,372$58,459,379
58$74,152,681$36,961,157$29,932,086$63,599,009
59$81,662,409$38,718,409$30,880,965$69,232,141
60$89,936,433$40,560,069$31,859,936$75,407,910
61$99,052,658$42,490,222$32,869,953$82,180,412
62$109,096,934$44,513,147$33,912,001$89,609,212
63$120,163,864$46,633,334$34,987,096$97,759,893
64$132,357,700$48,855,490$36,096,286$106,704,677
65$145,793,328$51,184,551$37,240,654$116,523,090
66$160,597,346$53,625,693$38,421,315$127,302,710
67$176,909,267$56,184,344$39,639,420$139,139,986
68$194,882,830$58,866,194$40,896,159$152,141,135
69$214,687,455$61,677,213$42,192,756$166,423,144
70$236,509,838$64,623,660$43,530,476$182,114,856
71$260,555,718$67,712,096$44,910,624$199,358,184
72$287,051,818$70,949,405$46,334,546$218,309,435
73$316,247,981$74,342,804$47,803,631$239,140,781
74$348,419,535$77,899,860$49,319,312$262,041,866
75$383,869,886$81,628,512$50,883,068$287,221,591
76$422,933,387$85,537,082$52,496,423$314,910,072
77$465,978,491$89,634,298$54,160,952$345,360,798
78$513,411,232$93,929,313$55,878,279$378,853,014
79$565,679,055$98,431,727$57,650,079$415,694,341
80$623,275,042$103,151,605$59,478,080$456,223,668
81$686,742,567$108,099,504$61,364,066$500,814,334
82$756,680,423$113,286,494$63,309,876$549,877,640
83$833,748,480$118,724,186$65,317,410$603,866,711
84$918,673,907$124,424,753$67,388,626$663,280,763
85$1,012,258,046$130,400,966$69,525,545$728,669,791
86$1,115,383,967$136,666,215$71,730,252$800,639,750
87$1,229,024,814$143,234,541$74,004,898$879,858,250
88$1,354,252,986$150,120,674$76,351,702$967,060,842
89$1,492,250,261$157,340,058$78,772,955$1,063,057,941
90$1,644,318,958$164,908,892$81,271,019$1,168,742,453
91$1,811,894,226$172,844,161$83,848,333$1,285,098,181
92$1,996,557,595$181,163,684$86,507,410$1,413,209,093
93$2,200,051,908$189,886,143$89,250,847$1,554,269,524
94$2,424,297,773$199,031,133$92,081,320$1,709,595,432
95$2,671,411,693$208,619,206$95,001,592$1,880,636,787
96$2,943,726,053$218,671,915$98,014,512$2,068,991,235
97$3,243,811,135$229,211,862$101,123,022$2,276,419,154
98$3,574,499,382$240,262,756$104,330,156$2,504,860,234
99$3,938,912,146$251,849,458$107,639,043$2,756,451,762
100$4,340,489,148$263,998,044$111,052,913$3,033,548,766