Can I retire at age 45 with 19,500,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $19,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$1,610,292$1,595,948$1,581,954$1,568,295$1,554,957$1,508,809
2 years$797,174$782,328$767,939$753,988$740,456$694,344
3 years$526,170$511,260$496,907$483,087$469,776$425,145
4 years$390,695$375,830$361,621$348,037$335,048$292,241
5 years$309,431$294,655$280,633$267,326$254,698$213,831
6 years$255,273$240,608$226,793$213,783$201,534$162,644
7 years$216,603$202,062$188,466$175,763$163,901$126,986
8 years$187,615$173,205$159,834$147,443$135,972$101,010
9 years$165,080$150,806$137,665$125,589$114,508$81,463
10 years$147,062$132,928$120,020$108,259$97,566$66,393
11 years$132,330$118,338$105,663$94,217$83,910$54,554
12 years$120,063$106,214$93,774$82,641$72,715$45,118
13 years$109,690$95,986$83,780$72,960$63,409$37,507
14 years$100,807$87,249$75,277$64,766$55,584$31,312
15 years$93,116$79,703$67,965$57,760$48,940$26,230
16 years$86,392$73,126$61,620$51,717$43,254$22,035
17 years$80,466$67,347$56,072$46,468$38,352$18,554
18 years$75,204$62,231$51,187$41,877$34,101$15,653
19 years$70,501$57,675$46,859$37,839$30,395$13,228
20 years$66,274$53,595$43,005$34,271$27,149$11,193
21 years$62,455$49,921$39,556$31,103$24,295$9,482
22 years$58,987$46,600$36,457$28,280$21,777$8,041
23 years$55,826$43,584$33,662$25,755$19,549$6,824
24 years$52,932$40,835$31,131$23,490$17,571$5,795
25 years$50,274$38,322$28,834$21,452$15,811$4,924
26 years$47,824$36,016$26,742$19,615$14,242$4,186
27 years$45,560$33,896$24,832$17,954$12,840$3,561
28 years$43,461$31,940$23,085$16,450$11,586$3,029
29 years$41,511$30,131$21,482$15,085$10,462$2,578
30 years$39,694$28,456$20,010$13,844$9,453$2,195
31 years$37,997$26,900$18,655$12,715$8,546$1,869
32 years$36,410$25,453$17,405$11,685$7,731$1,591
33 years$34,922$24,105$16,251$10,745$6,996$1,355
34 years$33,524$22,846$15,184$9,887$6,334$1,155
35 years$32,209$21,669$14,196$9,101$5,737$984
36 years$30,971$20,567$13,280$8,382$5,198$838
37 years$29,801$19,534$12,430$7,723$4,711$714
38 years$28,696$18,564$11,640$7,118$4,271$609
39 years$27,651$17,653$10,906$6,564$3,873$519
40 years$26,660$16,795$10,222$6,054$3,513$442
41 years$25,719$15,987$9,585$5,585$3,187$377
42 years$24,826$15,226$8,991$5,155$2,892$321
43 years$23,977$14,507$8,437$4,758$2,625$274
44 years$23,169$13,828$7,919$4,394$2,383$233
45 years$22,399$13,186$7,436$4,058$2,163$199
46 years$21,664$12,579$6,984$3,748$1,964$170
47 years$20,963$12,005$6,561$3,463$1,783$145
48 years$20,293$11,460$6,166$3,200$1,619$123
49 years$19,652$10,944$5,796$2,957$1,471$105
50 years$19,039$10,454$5,449$2,733$1,336$90

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $19,500,000, adding $5,106 every year, while hoping to spend $45,847 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: 52/24/24 Blend
44$19,500,000$19,500,000$19,500,000$19,500,000
45$21,494,267$20,460,767$20,158,517$22,468,012
46$23,637,901$21,414,564$20,785,046$24,095,870
47$25,998,650$22,413,560$21,431,028$25,860,521
48$28,598,609$23,459,922$22,097,065$27,779,154
49$31,462,130$24,555,920$22,783,779$29,866,446
50$34,616,044$25,703,937$23,491,812$32,138,532
51$38,089,917$26,906,466$24,221,824$34,613,148
52$41,916,331$28,166,125$24,974,498$37,309,792
53$46,131,188$29,485,657$25,750,535$40,249,902
54$50,774,051$30,867,937$26,550,660$43,457,054
55$55,888,517$32,315,978$27,375,620$46,957,173
56$61,522,628$33,832,943$28,226,185$50,778,777
57$67,729,322$35,422,143$29,103,148$54,953,232
58$74,566,938$37,087,053$30,007,329$59,515,048
59$82,099,761$38,831,315$30,939,570$64,502,188
60$90,398,633$40,658,745$31,900,741$69,956,423
61$99,541,617$42,573,347$32,891,740$75,923,719
62$109,614,739$44,579,318$33,913,490$82,454,658
63$120,712,796$46,681,058$34,966,945$89,604,905
64$132,940,251$48,883,180$36,053,088$97,435,728
65$146,412,221$51,190,520$37,172,931$106,014,563
66$161,255,561$53,608,150$38,327,518$115,415,639
67$177,610,066$56,141,386$39,517,927$125,720,669
68$195,629,783$58,795,804$40,745,268$137,019,608
69$215,484,470$61,577,248$42,010,684$149,411,490
70$237,361,200$64,491,848$43,315,356$163,005,350
71$261,466,122$67,546,028$44,660,500$177,921,240
72$288,026,410$70,746,526$46,047,370$194,291,347
73$317,292,405$74,100,407$47,477,258$212,261,226
74$349,539,981$77,615,078$48,951,498$231,991,160
75$385,073,149$81,298,307$50,471,462$253,657,655
76$424,226,923$85,158,236$52,038,569$277,455,089
77$467,370,485$89,203,406$53,654,277$303,597,532
78$514,910,672$93,442,770$55,320,092$332,320,745
79$567,295,812$97,885,717$57,037,567$363,884,386
80$625,019,960$102,542,093$58,808,302$398,574,446
81$688,627,561$107,422,221$60,633,945$436,705,920
82$758,718,588$112,536,925$62,516,197$478,625,765
83$835,954,206$117,897,557$64,456,812$524,716,149
84$921,063,017$123,516,018$66,457,597$575,398,033
85$1,014,847,932$129,404,791$68,520,414$631,135,123
86$1,118,193,759$135,576,963$70,647,185$692,438,221
87$1,232,075,547$142,046,259$72,839,891$759,870,017
88$1,357,567,797$148,827,070$75,100,571$834,050,371
89$1,495,854,604$155,934,488$77,431,332$915,662,140
90$1,648,240,834$163,384,339$79,834,342$1,005,457,587
91$1,816,164,445$171,193,217$82,311,839$1,104,265,453
92$2,001,210,060$179,378,527$84,866,127$1,212,998,743
93$2,205,123,929$187,958,517$87,499,585$1,332,663,314
94$2,429,830,411$196,952,326$90,214,662$1,464,367,326
95$2,677,450,146$206,380,022$93,013,886$1,609,331,671
96$2,950,320,069$216,262,652$95,899,860$1,768,901,452
97$3,251,015,481$226,622,286$98,875,270$1,944,558,640
98$3,582,374,351$237,482,070$101,942,882$2,137,936,021
99$3,947,524,118$248,866,274$105,105,552$2,350,832,561
100$4,349,911,209$260,800,353$108,366,220$2,585,230,339