Can I retire at age 45 with 19,800,000?

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 $19,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$1,635,065$1,620,501$1,606,292$1,592,422$1,578,880$1,524,073
2 years$809,438$794,363$779,753$765,588$751,848$697,197
3 years$534,265$519,125$504,552$490,519$477,003$424,226
4 years$396,706$381,612$367,185$353,392$340,203$289,703
5 years$314,192$299,188$284,950$271,439$258,617$210,527
6 years$259,200$244,310$230,282$217,072$204,634$158,992
7 years$219,936$205,171$191,366$178,467$166,423$123,219
8 years$190,501$175,869$162,293$149,711$138,064$97,264
9 years$167,619$153,126$139,783$127,521$116,270$77,823
10 years$149,325$134,973$121,866$109,924$99,067$62,909
11 years$134,366$120,159$107,289$95,667$85,201$51,259
12 years$121,910$107,848$95,216$83,913$73,834$42,028
13 years$111,378$97,463$85,069$74,082$64,384$34,632
14 years$102,358$88,591$76,435$65,762$56,439$28,652
15 years$94,548$80,930$69,011$58,648$49,693$23,781
16 years$87,721$74,251$62,569$52,513$43,919$19,791
17 years$81,704$68,383$56,935$47,183$38,942$16,507
18 years$76,361$63,189$51,974$42,521$34,625$13,792
19 years$71,586$58,563$47,580$38,421$30,862$11,541
20 years$67,294$54,419$43,666$34,798$27,567$9,669
21 years$63,416$50,689$40,165$31,581$24,669$8,109
22 years$59,895$47,317$37,018$28,715$22,112$6,807
23 years$56,685$44,254$34,179$26,151$19,849$5,718
24 years$53,746$41,463$31,610$23,851$17,841$4,806
25 years$51,047$38,911$29,277$21,782$16,054$4,042
26 years$48,560$36,570$27,153$19,917$14,461$3,400
27 years$46,261$34,417$25,214$18,230$13,038$2,862
28 years$44,130$32,431$23,440$16,703$11,764$2,409
29 years$42,149$30,595$21,813$15,317$10,623$2,028
30 years$40,304$28,894$20,318$14,057$9,598$1,708
31 years$38,582$27,314$18,942$12,910$8,678$1,439
32 years$36,970$25,845$17,673$11,865$7,850$1,212
33 years$35,459$24,475$16,501$10,911$7,104$1,022
34 years$34,040$23,197$15,418$10,039$6,432$861
35 years$32,705$22,002$14,415$9,241$5,826$726
36 years$31,447$20,883$13,485$8,511$5,278$612
37 years$30,260$19,834$12,621$7,842$4,784$515
38 years$29,138$18,850$11,819$7,228$4,337$434
39 years$28,076$17,924$11,073$6,664$3,933$366
40 years$27,070$17,053$10,379$6,147$3,567$309
41 years$26,115$16,233$9,732$5,671$3,236$260
42 years$25,208$15,460$9,129$5,234$2,937$219
43 years$24,346$14,730$8,567$4,832$2,665$185
44 years$23,525$14,041$8,041$4,461$2,419$156
45 years$22,743$13,389$7,550$4,120$2,196$131
46 years$21,997$12,773$7,092$3,806$1,994$111
47 years$21,285$12,189$6,662$3,516$1,811$93
48 years$20,605$11,636$6,261$3,249$1,644$79
49 years$19,954$11,112$5,885$3,003$1,493$66
50 years$19,332$10,615$5,533$2,775$1,357$56

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $19,800,000, adding $6,144 every year, while hoping to spend $53,246 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: 34/41/25 Blend
44$19,800,000$19,800,000$19,800,000$19,800,000
45$21,825,938$20,776,538$20,469,638$22,401,966
46$23,995,530$21,737,935$21,098,717$23,794,872
47$26,384,636$22,744,655$21,747,086$25,290,638
48$29,015,590$23,798,865$22,415,335$26,902,584
49$31,913,003$24,902,832$23,104,071$28,641,063
50$35,103,993$26,058,934$23,813,921$30,517,423
51$38,618,444$27,269,666$24,545,531$32,544,098
52$42,489,285$28,537,639$25,299,566$34,734,723
53$46,752,802$29,865,594$26,076,712$37,104,248
54$51,448,981$31,256,401$26,877,675$39,669,073
55$56,621,883$32,713,070$27,703,183$42,447,190
56$62,320,061$34,238,757$28,553,986$45,458,342
57$68,597,021$35,836,769$29,430,857$48,724,197
58$75,511,720$37,510,574$30,334,594$52,268,545
59$83,129,129$39,263,806$31,266,017$56,117,503
60$91,520,843$41,100,275$32,225,971$60,299,755
61$100,765,757$43,023,977$33,215,329$64,846,803
62$110,950,811$45,039,098$34,234,989$69,793,257
63$122,171,808$47,150,029$35,285,877$75,177,138
64$134,534,325$49,361,372$36,368,945$81,040,231
65$148,154,699$51,677,952$37,485,178$87,428,455
66$163,161,134$54,104,828$38,635,587$94,392,281
67$179,694,907$56,647,302$39,821,217$101,987,194
68$197,911,702$59,310,934$41,043,142$110,274,196
69$217,983,080$62,101,554$42,302,472$119,320,360
70$240,098,096$65,025,273$43,600,347$129,199,444
71$264,465,088$68,088,496$44,937,944$139,992,569
72$291,313,637$71,297,943$46,316,475$151,788,958
73$320,896,742$74,660,656$47,737,191$164,686,754
74$353,493,200$78,184,019$49,201,377$178,793,928
75$389,410,244$81,875,774$50,710,361$194,229,265
76$428,986,440$85,744,037$52,265,510$211,123,464
77$472,594,883$89,797,321$53,868,230$229,620,341
78$520,646,720$94,044,549$55,519,975$249,878,158
79$573,595,029$98,495,076$57,222,238$272,071,084
80$631,939,100$103,158,713$58,976,561$296,390,811
81$696,229,144$108,045,745$60,784,531$323,048,326
82$767,071,488$113,166,958$62,647,784$352,275,869
83$845,134,301$118,533,660$64,568,006$384,329,090
84$931,153,899$124,157,708$66,546,933$419,489,420
85$1,025,941,696$130,051,535$68,586,355$458,066,690
86$1,130,391,867$136,228,179$70,688,116$500,402,013
87$1,245,489,785$142,701,307$72,854,116$546,870,958
88$1,372,321,326$149,485,254$75,086,311$597,887,054
89$1,512,083,119$156,595,049$77,386,721$653,905,637
90$1,666,093,843$164,046,453$79,757,422$715,428,106
91$1,835,806,676$171,855,989$82,200,556$783,006,600
92$2,022,823,012$180,040,988$84,718,330$857,249,152
93$2,228,907,582$188,619,620$87,313,017$938,825,374
94$2,456,005,113$197,610,938$89,986,960$1,028,472,717
95$2,706,258,683$207,034,923$92,742,572$1,127,003,367
96$2,982,029,961$216,912,526$95,582,340$1,235,311,847
97$3,285,921,494$227,265,718$98,508,826$1,354,383,394
98$3,620,801,286$238,117,537$101,524,671$1,485,303,180
99$3,989,829,864$249,492,143$104,632,594$1,629,266,487
100$4,396,490,122$261,414,870$107,835,399$1,787,589,906