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

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 $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 $2,138 every year, while hoping to spend $58,242 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: 60/33/7 Blend
44$20,000,000$20,000,000$20,000,000$20,000,000
45$22,042,205$20,982,205$20,672,205$23,333,071
46$24,228,541$21,948,364$21,302,755$25,163,864
47$26,635,931$22,959,913$21,952,476$27,152,958
48$29,286,862$24,019,014$22,621,950$29,320,976
49$32,206,110$25,127,935$23,311,774$31,685,129
50$35,420,980$26,289,049$24,022,564$34,264,337
51$38,961,556$27,504,849$24,754,956$37,079,400
52$42,860,991$28,777,944$25,509,604$40,153,191
53$47,155,818$30,111,068$26,287,181$43,510,859
54$51,886,292$31,507,091$27,088,382$47,180,066
55$57,096,772$32,969,017$27,913,922$51,191,233
56$62,836,141$34,499,997$28,764,536$55,577,826
57$69,158,263$36,103,333$29,640,984$60,376,660
58$76,122,496$37,782,487$30,544,048$65,628,234
59$83,794,249$39,541,087$31,474,532$71,377,114
60$92,245,600$41,382,937$32,433,265$77,672,332
61$101,555,975$43,312,025$33,421,103$84,567,850
62$111,812,899$45,332,529$34,438,926$92,123,049
63$123,112,824$47,448,832$35,487,639$100,403,284
64$135,562,034$49,665,527$36,568,176$109,480,490
65$149,277,652$51,987,428$37,681,501$119,433,845
66$164,388,744$54,419,584$38,828,603$130,350,506
67$181,037,538$56,967,285$40,010,503$142,326,420
68$199,380,765$59,636,080$41,228,253$155,467,215
69$219,591,139$62,431,784$42,482,935$169,889,181
70$241,858,988$65,360,494$43,775,666$185,720,354
71$266,394,048$68,428,601$45,107,594$203,101,708
72$293,427,445$71,642,807$46,479,903$222,188,470
73$323,213,877$75,010,137$47,893,812$243,151,565
74$356,034,015$78,537,957$49,350,578$266,179,215
75$392,197,156$82,233,988$50,851,493$291,478,693
76$432,044,139$86,106,326$52,397,891$319,278,262
77$475,950,564$90,163,459$53,991,143$349,829,307
78$524,330,339$94,414,286$55,632,665$383,408,686
79$577,639,585$98,868,138$57,323,910$420,321,322
80$636,380,942$103,534,796$59,066,381$460,903,057
81$701,108,315$108,424,517$60,861,621$505,523,793
82$772,432,099$113,548,055$62,711,221$554,590,965
83$851,024,948$118,916,684$64,616,822$608,553,351
84$937,628,118$124,542,227$66,580,110$667,905,285
85$1,033,058,467$130,437,078$68,602,826$733,191,291
86$1,138,216,169$136,614,233$70,686,759$805,011,194
87$1,254,093,208$143,087,320$72,833,755$884,025,742
88$1,381,782,743$149,870,626$75,045,713$970,962,819
89$1,522,489,429$156,979,133$77,324,591$1,066,624,270
90$1,677,540,790$164,428,549$79,672,403$1,171,893,437
91$1,848,399,749$172,235,347$82,091,227$1,287,743,458
92$2,036,678,440$180,416,796$84,583,200$1,415,246,411
93$2,244,153,428$188,991,006$87,150,525$1,555,583,389
94$2,472,782,479$197,976,967$89,795,469$1,710,055,605
95$2,724,723,044$207,394,590$92,520,369$1,880,096,627
96$3,002,352,624$217,264,754$95,327,631$2,067,285,863
97$3,308,291,218$227,609,354$98,219,733$2,273,363,414
98$3,645,426,055$238,451,345$101,199,227$2,500,246,448
99$4,016,938,853$249,814,801$104,268,741$2,750,047,243
100$4,426,335,856$261,724,966$107,430,984$3,025,093,061