Can I retire at age 45 with 19,700,000?

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 $19,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$1,626,808$1,612,317$1,598,179$1,584,380$1,570,906$1,516,980
2 years$805,350$790,351$775,815$761,721$748,050$694,270
3 years$531,567$516,503$502,004$488,042$474,594$422,648
4 years$394,702$379,685$365,330$351,607$338,484$288,771
5 years$312,605$297,677$283,511$270,068$257,310$209,960
6 years$257,891$243,076$229,119$215,975$203,601$158,651
7 years$218,825$204,135$190,399$177,565$165,582$123,025
8 years$189,539$174,981$161,474$148,955$137,366$97,169
9 years$166,773$152,353$139,077$126,877$115,682$77,794
10 years$148,571$134,291$121,251$109,369$98,567$62,926
11 years$133,688$119,552$106,747$95,184$84,771$51,306
12 years$121,294$107,303$94,735$83,489$73,461$42,095
13 years$110,815$96,971$84,640$73,708$64,059$34,710
14 years$101,841$88,144$76,049$65,430$56,154$28,736
15 years$94,071$80,521$68,662$58,352$49,442$23,869
16 years$87,278$73,876$62,253$52,248$43,697$19,878
17 years$81,291$68,037$56,647$46,944$38,745$16,591
18 years$75,975$62,870$51,712$42,306$34,450$13,873
19 years$71,225$58,267$47,339$38,227$30,706$11,618
20 years$66,954$54,144$43,446$34,622$27,427$9,741
21 years$63,095$50,433$39,962$31,422$24,544$8,176
22 years$59,592$47,078$36,831$28,570$22,001$6,868
23 years$56,398$44,031$34,007$26,019$19,749$5,774
24 years$53,475$41,254$31,451$23,731$17,751$4,857
25 years$50,790$38,715$29,130$21,672$15,973$4,088
26 years$48,315$36,386$27,016$19,816$14,388$3,442
27 years$46,027$34,243$25,087$18,138$12,972$2,899
28 years$43,907$32,267$23,322$16,618$11,705$2,442
29 years$41,936$30,440$21,703$15,239$10,569$2,058
30 years$40,101$28,748$20,215$13,986$9,550$1,735
31 years$38,387$27,176$18,846$12,845$8,634$1,463
32 years$36,783$25,714$17,584$11,805$7,810$1,233
33 years$35,280$24,352$16,418$10,856$7,068$1,040
34 years$33,868$23,080$15,340$9,988$6,399$877
35 years$32,540$21,891$14,342$9,195$5,796$740
36 years$31,288$20,778$13,416$8,468$5,252$624
37 years$30,107$19,734$12,558$7,802$4,760$526
38 years$28,991$18,754$11,760$7,191$4,315$444
39 years$27,934$17,834$11,017$6,631$3,913$375
40 years$26,933$16,967$10,327$6,116$3,549$316
41 years$25,983$16,151$9,683$5,643$3,220$267
42 years$25,081$15,382$9,083$5,208$2,922$225
43 years$24,223$14,656$8,523$4,807$2,652$190
44 years$23,406$13,970$8,001$4,439$2,407$160
45 years$22,628$13,322$7,512$4,099$2,185$135
46 years$21,886$12,708$7,056$3,787$1,984$114
47 years$21,178$12,128$6,629$3,498$1,802$96
48 years$20,501$11,577$6,229$3,233$1,636$81
49 years$19,854$11,056$5,855$2,987$1,486$69
50 years$19,234$10,561$5,505$2,761$1,350$58

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $19,700,000, adding $2,713 every year, while hoping to spend $27,931 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: 44/33/23 Blend
44$19,700,000$19,700,000$19,700,000$19,700,000
45$21,712,198$20,668,098$20,362,748$22,522,621
46$23,897,124$21,651,117$21,015,182$24,079,662
47$26,303,977$22,681,367$21,688,536$25,763,462
48$28,955,362$23,761,134$22,383,482$27,588,107
49$31,876,193$24,892,813$23,100,713$29,566,671
50$35,093,921$26,078,918$23,840,943$31,713,504
51$38,638,798$27,322,081$24,604,911$34,044,361
52$42,544,158$28,625,067$25,393,379$36,576,545
53$46,846,738$29,990,771$26,207,133$39,329,057
54$51,587,019$31,422,232$27,046,985$42,322,770
55$56,809,608$32,922,634$27,913,772$45,580,615
56$62,563,663$34,495,319$28,808,359$49,127,791
57$68,903,356$36,143,788$29,731,638$52,991,987
58$75,888,380$37,871,716$30,684,530$57,203,641
59$83,584,519$39,682,954$31,667,986$61,796,207
60$92,064,263$41,581,542$32,682,987$66,806,466
61$101,407,496$43,571,716$33,730,545$72,274,860
62$111,702,248$45,657,917$34,811,705$78,245,860
63$123,045,527$47,844,805$35,927,547$84,768,371
64$135,544,234$50,137,264$37,079,184$91,896,183
65$149,316,174$52,540,418$38,267,764$99,688,465
66$164,491,164$55,059,638$39,494,474$108,210,304
67$181,212,262$57,700,560$40,760,539$117,533,307
68$199,637,117$60,469,091$42,067,221$127,736,262
69$219,939,455$63,371,429$43,415,825$138,905,859
70$242,310,720$66,414,070$44,807,696$151,137,495
71$266,961,885$69,603,831$46,244,225$164,536,157
72$294,125,435$72,947,857$47,726,845$179,217,387
73$324,057,571$76,453,643$49,257,035$195,308,357
74$357,040,622$80,129,050$50,836,325$212,949,048
75$393,385,713$83,982,322$52,466,290$232,293,547
76$433,435,703$88,022,102$54,148,557$253,511,479
77$477,568,418$92,257,458$55,884,807$276,789,581
78$526,200,221$96,697,899$57,676,773$302,333,445
79$579,789,943$101,353,395$59,526,244$330,369,424
80$638,843,211$106,234,405$61,435,067$361,146,748
81$703,917,226$111,351,898$63,405,149$394,939,842
82$775,626,018$116,717,376$65,438,457$432,050,887
83$854,646,248$122,342,904$67,537,021$472,812,641
84$941,723,592$128,241,133$69,702,938$517,591,545
85$1,037,679,784$134,425,334$71,938,372$566,791,151
86$1,143,420,369$140,909,422$74,245,554$620,855,887
87$1,259,943,257$147,707,994$76,626,791$680,275,221
88$1,388,348,141$154,836,358$79,084,460$745,588,237
89$1,529,846,879$162,310,567$81,621,017$817,388,681
90$1,685,774,936$170,147,460$84,238,996$896,330,526
91$1,857,603,991$178,364,697$86,941,014$983,134,094
92$2,046,955,830$186,980,799$89,729,770$1,078,592,810
93$2,255,617,657$196,015,191$92,608,050$1,183,580,642
94$2,485,558,970$205,488,247$95,578,731$1,299,060,296
95$2,738,950,148$215,421,334$98,644,782$1,426,092,248
96$3,018,182,947$225,836,864$101,809,266$1,565,844,700
97$3,325,893,078$236,758,341$105,075,348$1,719,604,543
98$3,664,985,090$248,210,418$108,446,290$1,888,789,446
99$4,038,659,792$260,218,950$111,925,462$2,074,961,169
100$4,450,444,468$272,811,057$115,516,343$2,279,840,236