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%18.5%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,532,381
2 years$813,526$798,375$783,691$769,454$755,645$701,318
3 years$536,964$521,747$507,100$492,997$479,412$426,939
4 years$398,709$383,539$369,039$355,176$341,921$291,702
5 years$315,778$300,700$286,390$272,810$259,923$212,092
6 years$260,509$245,544$231,445$218,168$205,668$160,262
7 years$221,047$206,207$192,332$179,368$167,263$124,274
8 years$191,463$176,758$163,113$150,467$138,761$98,155
9 years$168,466$153,899$140,489$128,165$116,857$78,584
10 years$150,079$135,655$122,482$110,479$99,568$63,565
11 years$135,045$120,765$107,831$96,150$85,632$51,827
12 years$122,526$108,393$95,697$84,337$74,207$42,522
13 years$111,940$97,955$85,499$74,457$64,710$35,063
14 years$102,875$89,039$76,821$66,094$56,724$29,028
15 years$95,026$81,338$69,359$58,944$49,944$24,111
16 years$88,165$74,626$62,885$52,778$44,141$20,080
17 years$82,117$68,728$57,222$47,421$39,138$16,760
18 years$76,747$63,508$52,237$42,736$34,800$14,014
19 years$71,948$58,858$47,820$38,615$31,018$11,736
20 years$67,634$54,694$43,887$34,974$27,706$9,840
21 years$63,736$50,945$40,367$31,741$24,794$8,259
22 years$60,197$47,556$37,205$28,860$22,224$6,938
23 years$56,971$44,478$34,352$26,283$19,950$5,833
24 years$54,018$41,673$31,770$23,972$17,931$4,906
25 years$51,305$39,108$29,425$21,892$16,135$4,129
26 years$48,805$36,755$27,290$20,017$14,534$3,477
27 years$46,495$34,591$25,342$18,322$13,104$2,928
28 years$44,353$32,595$23,558$16,787$11,824$2,467
29 years$42,362$30,749$21,923$15,394$10,676$2,079
30 years$40,508$29,040$20,420$14,128$9,647$1,753
31 years$38,776$27,452$19,037$12,975$8,722$1,477
32 years$37,157$25,975$17,762$11,925$7,889$1,246
33 years$35,638$24,599$16,585$10,966$7,140$1,051
34 years$34,212$23,314$15,496$10,090$6,464$886
35 years$32,870$22,113$14,487$9,288$5,855$747
36 years$31,606$20,989$13,553$8,554$5,305$630
37 years$30,413$19,934$12,685$7,881$4,808$532
38 years$29,285$18,945$11,879$7,264$4,359$449
39 years$28,218$18,015$11,129$6,698$3,953$379
40 years$27,206$17,139$10,432$6,178$3,585$319
41 years$26,247$16,315$9,781$5,700$3,253$269
42 years$25,336$15,538$9,175$5,260$2,952$227
43 years$24,469$14,805$8,610$4,856$2,679$192
44 years$23,644$14,112$8,082$4,484$2,431$162
45 years$22,858$13,457$7,589$4,141$2,207$137
46 years$22,108$12,837$7,127$3,825$2,004$115
47 years$21,393$12,251$6,696$3,534$1,820$97
48 years$20,709$11,695$6,292$3,265$1,653$82
49 years$20,055$11,168$5,914$3,018$1,501$69
50 years$19,429$10,668$5,560$2,789$1,363$58

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 $5,420 every year, while hoping to spend $35,072 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: 25/46/29 Blend
44$19,900,000$19,900,000$19,900,000$19,900,000
45$21,935,391$20,880,691$20,572,241$22,284,455
46$24,135,484$21,866,528$21,224,094$23,564,135
47$26,558,812$22,899,496$21,896,610$24,931,841
48$29,228,106$23,981,867$22,590,442$26,397,541
49$32,168,418$25,116,024$23,306,267$27,969,488
50$35,407,352$26,304,464$24,044,782$29,656,703
51$38,975,326$27,549,807$24,806,706$31,469,045
52$42,905,861$28,854,799$25,592,782$33,417,296
53$47,235,894$30,222,320$26,403,776$35,513,253
54$52,006,131$31,655,389$27,240,478$37,769,822
55$57,261,425$33,157,172$28,103,703$40,201,135
56$63,051,205$34,730,988$28,994,292$42,822,661
57$69,429,940$36,380,318$29,913,112$45,651,347
58$76,457,652$38,108,812$30,861,060$48,705,759
59$84,200,486$39,920,297$31,839,059$52,006,243
60$92,731,329$41,818,786$32,848,061$55,575,102
61$102,130,504$43,808,486$33,889,051$59,436,789
62$112,486,523$45,893,809$34,963,041$63,618,124
63$123,896,926$48,079,383$36,071,080$68,148,523
64$136,469,197$50,370,058$37,214,247$73,060,266
65$150,321,787$52,770,922$38,393,655$78,388,772
66$165,585,221$55,287,309$39,610,454$84,172,921
67$182,403,340$57,924,813$40,865,831$90,455,396
68$200,934,652$60,689,301$42,161,008$97,283,063
69$221,353,833$63,586,923$43,497,248$104,707,391
70$243,853,371$66,624,130$44,875,854$112,784,915
71$268,645,388$69,807,685$46,298,168$121,577,740
72$295,963,639$73,144,682$47,765,577$131,154,104
73$326,065,718$76,642,559$49,279,512$141,588,994
74$359,235,493$80,309,117$50,841,447$152,964,820
75$395,785,784$84,152,535$52,452,907$165,372,169
76$436,061,316$88,181,391$54,115,461$178,910,621
77$480,441,971$92,404,680$55,830,730$193,689,661
78$529,346,379$96,831,836$57,600,386$209,829,675
79$583,235,865$101,472,751$59,426,154$227,463,049
80$642,618,807$106,337,800$61,309,815$246,735,381
81$708,055,436$111,437,863$63,253,204$267,806,814
82$780,163,120$116,784,348$65,258,216$290,853,507
83$859,622,198$122,389,221$67,326,806$316,069,253
84$947,182,399$128,265,029$69,460,990$343,667,262
85$1,043,669,920$134,424,932$71,662,850$373,882,125
86$1,149,995,229$140,882,730$73,934,533$406,971,978
87$1,267,161,655$147,652,897$76,278,252$443,220,887
88$1,396,274,864$154,750,609$78,696,293$482,941,472
89$1,538,553,296$162,191,784$81,191,015$526,477,800
90$1,695,339,667$169,993,117$83,764,849$574,208,575
91$1,868,113,647$178,172,114$86,420,306$626,550,646
92$2,058,505,828$186,747,136$89,159,975$683,962,876
93$2,268,313,115$195,737,439$91,986,527$746,950,407
94$2,499,515,696$205,163,216$94,902,719$816,069,351
95$2,754,295,731$215,045,648$97,911,394$891,931,966
96$3,035,057,957$225,406,947$101,015,487$975,212,353
97$3,344,452,389$236,270,407$104,218,026$1,066,652,742
98$3,685,399,335$247,660,459$107,522,133$1,167,070,402
99$4,061,116,973$259,602,728$110,931,030$1,277,365,273
100$4,475,151,729$272,124,086$114,448,043$1,398,528,356