Can I retire at age 45 with 20,000,000?

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 $20,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$1,651,581$1,636,870$1,622,517$1,608,508$1,594,828$1,550,616
2 years$817,615$802,387$787,630$773,321$759,442$715,229
3 years$539,662$524,369$509,648$495,474$481,821$438,991
4 years$400,713$385,467$370,894$356,961$343,639$302,522
5 years$317,365$302,211$287,829$274,180$261,229$221,937
6 years$261,818$246,778$232,608$219,264$206,701$169,272
7 years$222,157$207,243$193,299$180,269$168,104$132,537
8 years$192,425$177,646$163,933$151,223$139,458$105,736
9 years$169,313$154,673$141,195$128,809$117,444$85,534
10 years$150,833$136,336$123,097$111,034$100,068$69,928
11 years$135,724$121,372$108,373$96,633$86,062$57,644
12 years$123,141$108,937$96,178$84,760$74,579$47,831
13 years$112,503$98,447$85,929$74,831$65,035$39,897
14 years$103,392$89,486$77,207$66,426$57,009$33,422
15 years$95,503$81,747$69,708$59,241$50,195$28,097
16 years$88,608$75,001$63,201$53,044$44,363$23,688
17 years$82,529$69,073$57,510$47,659$39,335$20,019
18 years$77,132$63,827$52,499$42,951$34,975$16,952
19 years$72,309$59,154$48,060$38,809$31,174$14,379
20 years$67,974$54,969$44,107$35,149$27,845$12,214
21 years$64,056$51,201$40,570$31,900$24,918$10,387
22 years$60,500$47,795$37,392$29,005$22,336$8,842
23 years$57,257$44,701$34,525$26,415$20,050$7,534
24 years$54,289$41,882$31,930$24,092$18,021$6,423
25 years$51,563$39,304$29,573$22,002$16,216$5,480
26 years$49,051$36,940$27,428$20,118$14,607$4,678
27 years$46,728$34,765$25,469$18,414$13,170$3,995
28 years$44,576$32,759$23,677$16,871$11,883$3,412
29 years$42,575$30,904$22,033$15,471$10,730$2,916
30 years$40,711$29,186$20,523$14,199$9,695$2,493
31 years$38,971$27,590$19,133$13,041$8,766$2,131
32 years$37,343$26,106$17,851$11,985$7,929$1,823
33 years$35,817$24,723$16,668$11,021$7,176$1,559
34 years$34,384$23,431$15,574$10,140$6,497$1,333
35 years$33,035$22,224$14,560$9,335$5,884$1,141
36 years$31,765$21,094$13,621$8,597$5,332$976
37 years$30,565$20,035$12,749$7,921$4,832$835
38 years$29,432$19,040$11,939$7,301$4,381$715
39 years$28,360$18,105$11,185$6,732$3,973$612
40 years$27,343$17,226$10,484$6,209$3,603$524
41 years$26,379$16,397$9,831$5,729$3,269$448
42 years$25,463$15,616$9,221$5,287$2,966$384
43 years$24,592$14,879$8,653$4,880$2,692$328
44 years$23,763$14,183$8,122$4,506$2,444$281
45 years$22,973$13,525$7,627$4,162$2,218$241
46 years$22,219$12,902$7,163$3,844$2,014$206
47 years$21,500$12,312$6,730$3,552$1,829$176
48 years$20,813$11,754$6,324$3,282$1,661$151
49 years$20,156$11,224$5,944$3,033$1,509$129
50 years$19,527$10,722$5,588$2,803$1,370$111

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $20,000,000, adding $3,775 every year, while hoping to spend $42,267 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: 77/10/13 Blend
44$20,000,000$20,000,000$20,000,000$20,000,000
45$22,043,894$20,983,894$20,673,894$23,683,635
46$24,247,399$21,967,133$21,321,498$25,747,839
47$26,674,246$22,997,134$21,989,379$28,005,020
48$29,347,169$24,076,144$22,678,174$30,478,961
49$32,291,224$25,206,518$23,388,536$33,191,259
50$35,534,017$26,390,726$24,121,140$36,165,687
51$39,105,971$27,631,356$24,876,683$39,428,427
52$43,040,611$28,931,123$25,655,883$43,008,306
53$47,374,877$30,292,872$26,459,479$46,937,069
54$52,149,478$31,719,587$27,288,235$51,249,674
55$57,409,274$33,214,395$28,142,940$55,984,619
56$63,203,695$34,780,576$29,024,404$61,184,304
57$69,587,216$36,421,569$29,933,465$66,895,423
58$76,619,864$38,140,977$30,870,988$73,169,408
59$84,367,786$39,942,581$31,837,862$80,062,903
60$92,903,876$41,830,344$32,835,007$87,638,301
61$102,308,461$43,808,420$33,863,369$95,964,325
62$112,670,058$45,881,166$34,923,925$105,116,674
63$124,086,210$48,053,150$36,017,683$115,178,733
64$136,664,410$50,329,161$37,145,682$126,242,356
65$150,523,111$52,714,220$38,308,993$138,408,725
66$165,792,846$55,213,594$39,508,722$151,789,303
67$182,617,459$57,832,804$40,746,007$166,506,882
68$201,155,466$60,577,637$42,022,024$182,696,734
69$221,581,547$63,454,165$43,337,986$200,507,880
70$244,088,197$66,468,751$44,695,141$220,104,497
71$268,887,543$69,628,070$46,094,778$241,667,457
72$296,213,347$72,939,120$47,538,228$265,396,029
73$326,323,210$76,409,238$49,026,860$291,509,751
74$359,501,006$80,046,120$50,562,088$320,250,500
75$396,059,561$83,857,832$52,145,371$351,884,764
76$436,343,607$87,852,837$53,778,211$386,706,150
77$480,733,034$92,040,005$55,462,160$425,038,150
78$529,646,477$96,428,638$57,198,816$467,237,184
79$583,545,269$101,028,493$58,989,828$513,695,958
80$642,937,796$105,849,799$60,836,897$564,847,157
81$708,384,295$110,903,283$62,741,777$621,167,526
82$780,502,142$116,200,192$64,706,275$683,182,358
83$859,971,683$121,752,324$66,732,258$751,470,441
84$947,542,654$127,572,048$68,821,648$826,669,514
85$1,044,041,260$133,672,334$70,976,429$909,482,272
86$1,150,377,977$140,066,786$73,198,647$1,000,682,990
87$1,267,556,140$146,769,668$75,490,411$1,101,124,821
88$1,396,681,423$153,795,939$77,853,897$1,211,747,834
89$1,538,972,274$161,161,286$80,291,348$1,333,587,879
90$1,695,771,417$168,882,159$82,805,079$1,467,786,347
91$1,868,558,526$176,975,810$85,397,474$1,615,600,934
92$2,058,964,202$185,460,331$88,070,995$1,778,417,495
93$2,268,785,356$194,354,693$90,828,180$1,957,763,115
94$2,500,002,183$203,678,793$93,671,644$2,155,320,507
95$2,754,796,849$213,453,497$96,604,087$2,372,943,879
96$3,035,574,095$223,700,686$99,628,292$2,612,676,419
97$3,344,983,942$234,443,309$102,747,129$2,876,769,569
98$3,685,946,703$245,705,430$105,963,557$3,167,704,256
99$4,061,680,560$257,512,289$109,280,629$3,488,214,291
100$4,475,731,940$269,890,354$112,701,493$3,841,312,162