Can I retire at age 45 with 19,900,000?

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 $19,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,543,485
2 years$813,526$798,375$783,691$769,454$755,645$712,268
3 years$536,964$521,747$507,100$492,997$479,412$437,386
4 years$398,709$383,539$369,039$355,176$341,921$301,567
5 years$315,778$300,700$286,390$272,810$259,923$221,353
6 years$260,509$245,544$231,445$218,168$205,668$168,919
7 years$221,047$206,207$192,332$179,368$167,263$132,336
8 years$191,463$176,758$163,113$150,467$138,761$105,637
9 years$168,466$153,899$140,489$128,165$116,857$85,506
10 years$150,079$135,655$122,482$110,479$99,568$69,949
11 years$135,045$120,765$107,831$96,150$85,632$57,699
12 years$122,526$108,393$95,697$84,337$74,207$47,907
13 years$111,940$97,955$85,499$74,457$64,710$39,988
14 years$102,875$89,039$76,821$66,094$56,724$33,522
15 years$95,026$81,338$69,359$58,944$49,944$28,200
16 years$88,165$74,626$62,885$52,778$44,141$23,792
17 years$82,117$68,728$57,222$47,421$39,138$20,121
18 years$76,747$63,508$52,237$42,736$34,800$17,052
19 years$71,948$58,858$47,820$38,615$31,018$14,474
20 years$67,634$54,694$43,887$34,974$27,706$12,304
21 years$63,736$50,945$40,367$31,741$24,794$10,472
22 years$60,197$47,556$37,205$28,860$22,224$8,921
23 years$56,971$44,478$34,352$26,283$19,950$7,607
24 years$54,018$41,673$31,770$23,972$17,931$6,491
25 years$51,305$39,108$29,425$21,892$16,135$5,542
26 years$48,805$36,755$27,290$20,017$14,534$4,735
27 years$46,495$34,591$25,342$18,322$13,104$4,046
28 years$44,353$32,595$23,558$16,787$11,824$3,460
29 years$42,362$30,749$21,923$15,394$10,676$2,959
30 years$40,508$29,040$20,420$14,128$9,647$2,531
31 years$38,776$27,452$19,037$12,975$8,722$2,166
32 years$37,157$25,975$17,762$11,925$7,889$1,854
33 years$35,638$24,599$16,585$10,966$7,140$1,587
34 years$34,212$23,314$15,496$10,090$6,464$1,359
35 years$32,870$22,113$14,487$9,288$5,855$1,163
36 years$31,606$20,989$13,553$8,554$5,305$996
37 years$30,413$19,934$12,685$7,881$4,808$853
38 years$29,285$18,945$11,879$7,264$4,359$731
39 years$28,218$18,015$11,129$6,698$3,953$626
40 years$27,206$17,139$10,432$6,178$3,585$536
41 years$26,247$16,315$9,781$5,700$3,253$459
42 years$25,336$15,538$9,175$5,260$2,952$393
43 years$24,469$14,805$8,610$4,856$2,679$337
44 years$23,644$14,112$8,082$4,484$2,431$289
45 years$22,858$13,457$7,589$4,141$2,207$247
46 years$22,108$12,837$7,127$3,825$2,004$212
47 years$21,393$12,251$6,696$3,534$1,820$182
48 years$20,709$11,695$6,292$3,265$1,653$156
49 years$20,055$11,168$5,914$3,018$1,501$133
50 years$19,429$10,668$5,560$2,789$1,363$114

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $19,900,000, adding $3,946 every year, while hoping to spend $48,518 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: 77/9/14 Blend
44$19,900,000$19,900,000$19,900,000$19,900,000
45$21,933,870$20,879,170$20,570,720$23,558,990
46$24,119,502$21,850,627$21,208,217$25,602,421
47$26,526,443$22,868,059$21,865,443$27,836,099
48$29,177,214$23,933,667$22,543,009$30,284,172
49$32,096,633$25,049,761$23,241,544$32,968,009
50$35,312,048$26,218,758$23,961,694$35,911,138
51$38,853,595$27,443,195$24,704,129$39,139,465
52$42,754,481$28,725,731$25,469,536$42,681,520
53$47,051,299$30,069,152$26,258,626$46,568,719
54$51,784,371$31,476,380$27,072,130$50,835,660
55$56,998,133$32,950,479$27,910,803$55,520,446
56$62,741,549$34,494,659$28,775,421$60,665,040
57$69,068,576$36,112,286$29,666,786$66,315,661
58$76,038,672$37,806,890$30,585,725$72,523,216
59$83,717,359$39,582,170$31,533,090$79,343,774
60$92,176,839$41,442,005$32,509,757$86,839,095
61$101,496,675$43,390,461$33,516,632$95,077,207
62$111,764,545$45,431,803$34,554,648$104,133,046
63$123,077,066$47,570,500$35,624,767$114,089,158
64$135,540,710$49,811,237$36,727,980$125,036,471
65$149,272,804$52,158,929$37,865,309$137,075,157
66$164,402,640$54,618,727$39,037,807$150,315,563
67$181,072,696$57,196,031$40,246,560$164,879,255
68$199,439,978$59,896,504$41,492,687$180,900,156
69$219,677,506$62,726,083$42,777,342$198,525,807
70$241,975,944$65,690,992$44,101,715$217,918,755
71$266,545,398$68,797,760$45,467,031$239,258,077
72$293,617,407$72,053,228$46,874,554$262,741,072
73$323,447,118$75,464,571$48,325,587$288,585,109
74$356,315,703$79,039,314$49,821,473$317,029,679
75$392,533,008$82,785,344$51,363,596$348,338,643
76$432,440,481$86,710,933$52,953,383$382,802,722
77$476,414,394$90,824,752$54,592,305$420,742,228
78$524,869,392$95,135,895$56,281,877$462,510,084
79$578,262,413$99,653,897$58,023,663$508,495,147
80$637,096,998$104,388,756$59,819,274$559,125,866
81$701,928,042$109,350,955$61,670,370$614,874,326
82$773,367,038$114,551,488$63,578,663$676,260,687
83$852,087,845$120,001,880$65,545,918$743,858,089
84$938,833,051$125,714,218$67,573,952$818,298,054
85$1,034,420,984$131,701,177$69,664,641$900,276,432
86$1,139,753,436$137,976,046$71,819,918$990,559,966
87$1,255,824,175$144,552,761$74,041,775$1,089,993,512
88$1,383,728,331$151,445,936$76,332,263$1,199,508,008
89$1,524,672,728$158,670,894$78,693,501$1,320,129,246
90$1,679,987,283$166,243,704$81,127,670$1,452,987,548
91$1,851,137,557$174,181,217$83,637,019$1,599,328,418
92$2,039,738,594$182,501,103$86,223,865$1,760,524,289
93$2,247,570,165$191,221,891$88,890,599$1,938,087,463
94$2,476,593,570$200,363,012$91,639,682$2,133,684,373
95$2,728,970,156$209,944,842$94,473,654$2,349,151,301
96$3,007,081,722$219,988,749$97,395,131$2,586,511,694
97$3,313,553,001$230,517,141$100,406,811$2,847,995,251
98$3,651,276,442$241,553,515$103,511,474$3,136,058,950
99$4,023,439,516$253,122,515$106,711,986$3,453,410,231
100$4,433,554,810$265,249,981$110,011,300$3,803,032,532