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

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 $19,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$1,635,065$1,620,501$1,606,292$1,592,422$1,578,880$1,550,810
2 years$809,438$794,363$779,753$765,588$751,848$723,663
3 years$534,265$519,125$504,552$490,519$477,003$449,582
4 years$396,706$381,612$367,185$353,392$340,203$313,756
5 years$314,192$299,188$284,950$271,439$258,617$233,221
6 years$259,200$244,310$230,282$217,072$204,634$180,318
7 years$219,936$205,171$191,366$178,467$166,423$143,192
8 years$190,501$175,869$162,293$149,711$138,064$115,914
9 years$167,619$153,126$139,783$127,521$116,270$95,187
10 years$149,325$134,973$121,866$109,924$99,067$79,034
11 years$134,366$120,159$107,289$95,667$85,201$66,195
12 years$121,910$107,848$95,216$83,913$73,834$55,828
13 years$111,378$97,463$85,069$74,082$64,384$47,352
14 years$102,358$88,591$76,435$65,762$56,439$40,350
15 years$94,548$80,930$69,011$58,648$49,693$34,516
16 years$87,721$74,251$62,569$52,513$43,919$29,621
17 years$81,704$68,383$56,935$47,183$38,942$25,489
18 years$76,361$63,189$51,974$42,521$34,625$21,984
19 years$71,586$58,563$47,580$38,421$30,862$18,998
20 years$67,294$54,419$43,666$34,798$27,567$16,445
21 years$63,416$50,689$40,165$31,581$24,669$14,255
22 years$59,895$47,317$37,018$28,715$22,112$12,372
23 years$56,685$44,254$34,179$26,151$19,849$10,749
24 years$53,746$41,463$31,610$23,851$17,841$9,348
25 years$51,047$38,911$29,277$21,782$16,054$8,136
26 years$48,560$36,570$27,153$19,917$14,461$7,085
27 years$46,261$34,417$25,214$18,230$13,038$6,174
28 years$44,130$32,431$23,440$16,703$11,764$5,383
29 years$42,149$30,595$21,813$15,317$10,623$4,695
30 years$40,304$28,894$20,318$14,057$9,598$4,097
31 years$38,582$27,314$18,942$12,910$8,678$3,576
32 years$36,970$25,845$17,673$11,865$7,850$3,122
33 years$35,459$24,475$16,501$10,911$7,104$2,727
34 years$34,040$23,197$15,418$10,039$6,432$2,382
35 years$32,705$22,002$14,415$9,241$5,826$2,081
36 years$31,447$20,883$13,485$8,511$5,278$1,819
37 years$30,260$19,834$12,621$7,842$4,784$1,590
38 years$29,138$18,850$11,819$7,228$4,337$1,389
39 years$28,076$17,924$11,073$6,664$3,933$1,215
40 years$27,070$17,053$10,379$6,147$3,567$1,062
41 years$26,115$16,233$9,732$5,671$3,236$929
42 years$25,208$15,460$9,129$5,234$2,937$812
43 years$24,346$14,730$8,567$4,832$2,665$710
44 years$23,525$14,041$8,041$4,461$2,419$621
45 years$22,743$13,389$7,550$4,120$2,196$543
46 years$21,997$12,773$7,092$3,806$1,994$475
47 years$21,285$12,189$6,662$3,516$1,811$415
48 years$20,605$11,636$6,261$3,249$1,644$363
49 years$19,954$11,112$5,885$3,003$1,493$318
50 years$19,332$10,615$5,533$2,775$1,357$278

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 $2,143 every year, while hoping to spend $50,505 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: 38/48/14 Blend
44$19,800,000$19,800,000$19,800,000$19,800,000
45$21,821,811$20,772,411$20,465,511$22,558,432
46$23,993,898$21,736,522$21,097,368$24,048,635
47$26,385,846$22,746,182$21,748,700$25,653,026
48$29,020,027$23,803,569$22,420,106$27,385,794
49$31,921,093$24,910,967$23,112,203$29,258,501
50$35,116,210$26,070,770$23,825,627$31,283,822
51$38,635,313$27,285,487$24,561,035$33,475,650
52$42,511,387$28,557,748$25,319,102$35,849,222
53$46,780,782$29,890,312$26,100,526$38,421,247
54$51,483,552$31,286,067$26,906,024$41,210,058
55$56,663,836$32,748,046$27,736,337$44,235,772
56$62,370,271$34,279,424$28,592,228$47,520,467
57$68,656,454$35,883,531$29,474,483$51,088,377
58$75,581,446$37,563,858$30,383,912$54,966,110
59$83,210,332$39,324,065$31,321,352$59,182,884
60$91,614,831$41,167,990$32,287,662$63,770,790
61$100,873,976$43,099,653$33,283,731$68,765,077
62$111,074,858$45,123,273$34,310,472$74,204,471
63$122,313,450$47,243,269$35,368,829$80,131,524
64$134,695,510$49,464,278$36,459,774$86,592,999
65$148,337,582$51,791,158$37,584,306$93,640,290
66$163,368,094$54,229,003$38,743,459$101,329,894
67$179,928,571$56,783,156$39,938,296$109,723,918
68$198,174,970$59,459,215$41,169,914$118,890,649
69$218,279,153$62,263,052$42,439,442$128,905,177
70$240,430,508$65,200,823$43,748,044$139,850,078
71$264,837,738$68,278,982$45,096,922$151,816,172
72$291,730,829$71,504,294$46,487,312$164,903,354
73$321,363,225$74,883,856$47,920,488$179,221,513
74$354,014,215$78,425,106$49,397,765$194,891,541
75$389,991,572$82,135,843$50,920,497$212,046,443
76$429,634,458$86,024,245$52,490,079$230,832,568
77$473,316,626$90,098,887$54,107,951$251,410,954
78$521,449,949$94,368,759$55,775,594$273,958,817
79$574,488,304$98,843,288$57,494,536$298,671,193
80$632,931,860$103,532,358$59,266,352$325,762,737
81$697,331,800$108,446,334$61,092,666$355,469,716
82$768,295,522$113,596,083$62,975,149$388,052,198
83$846,492,375$118,993,000$64,915,525$423,796,467
84$932,659,973$124,649,033$66,915,571$463,017,680
85$1,027,611,166$130,576,712$68,977,118$506,062,800
86$1,132,241,706$136,789,172$71,102,053$553,313,820
87$1,247,538,709$143,300,190$73,292,321$605,191,322
88$1,374,589,969$150,124,211$75,549,925$662,158,396
89$1,514,594,231$157,276,383$77,876,932$724,724,954
90$1,668,872,503$164,772,587$80,275,471$793,452,487
91$1,838,880,534$172,629,479$82,747,735$868,959,308
92$2,026,222,550$180,864,525$85,295,985$951,926,325
93$2,232,666,402$189,496,038$87,922,553$1,043,103,402
94$2,460,160,255$198,543,224$90,629,838$1,143,316,371
95$2,710,850,980$208,026,221$93,420,317$1,253,474,754
96$2,987,104,422$217,966,148$96,296,540$1,374,580,276
97$3,291,527,735$228,385,151$99,261,135$1,507,736,241
98$3,626,993,993$239,306,452$102,316,812$1,654,157,862
99$3,996,669,318$250,754,406$105,466,363$1,815,183,652
100$4,404,042,767$262,754,551$108,712,665$1,992,287,964