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%11.9%
1 years$1,651,581$1,636,870$1,622,517$1,608,508$1,594,828$1,582,126
2 years$817,615$802,387$787,630$773,321$759,442$746,638
3 years$539,662$524,369$509,648$495,474$481,821$469,312
4 years$400,713$385,467$370,894$356,961$343,639$331,521
5 years$317,365$302,211$287,829$274,180$261,229$249,537
6 years$261,818$246,778$232,608$219,264$206,701$195,452
7 years$222,157$207,243$193,299$180,269$168,104$157,300
8 years$192,425$177,646$163,933$151,223$139,458$129,102
9 years$169,313$154,673$141,195$128,809$117,444$107,531
10 years$150,833$136,336$123,097$111,034$100,068$90,593
11 years$135,724$121,372$108,373$96,633$86,062$77,018
12 years$123,141$108,937$96,178$84,760$74,579$65,958
13 years$112,503$98,447$85,929$74,831$65,035$56,827
14 years$103,392$89,486$77,207$66,426$57,009$49,204
15 years$95,503$81,747$69,708$59,241$50,195$42,782
16 years$88,608$75,001$63,201$53,044$44,363$37,331
17 years$82,529$69,073$57,510$47,659$39,335$32,672
18 years$77,132$63,827$52,499$42,951$34,975$28,668
19 years$72,309$59,154$48,060$38,809$31,174$25,211
20 years$67,974$54,969$44,107$35,149$27,845$22,214
21 years$64,056$51,201$40,570$31,900$24,918$19,605
22 years$60,500$47,795$37,392$29,005$22,336$17,329
23 years$57,257$44,701$34,525$26,415$20,050$15,336
24 years$54,289$41,882$31,930$24,092$18,021$13,587
25 years$51,563$39,304$29,573$22,002$16,216$12,050
26 years$49,051$36,940$27,428$20,118$14,607$10,696
27 years$46,728$34,765$25,469$18,414$13,170$9,501
28 years$44,576$32,759$23,677$16,871$11,883$8,445
29 years$42,575$30,904$22,033$15,471$10,730$7,511
30 years$40,711$29,186$20,523$14,199$9,695$6,684
31 years$38,971$27,590$19,133$13,041$8,766$5,951
32 years$37,343$26,106$17,851$11,985$7,929$5,300
33 years$35,817$24,723$16,668$11,021$7,176$4,722
34 years$34,384$23,431$15,574$10,140$6,497$4,209
35 years$33,035$22,224$14,560$9,335$5,884$3,752
36 years$31,765$21,094$13,621$8,597$5,332$3,346
37 years$30,565$20,035$12,749$7,921$4,832$2,985
38 years$29,432$19,040$11,939$7,301$4,381$2,663
39 years$28,360$18,105$11,185$6,732$3,973$2,376
40 years$27,343$17,226$10,484$6,209$3,603$2,121
41 years$26,379$16,397$9,831$5,729$3,269$1,893
42 years$25,463$15,616$9,221$5,287$2,966$1,690
43 years$24,592$14,879$8,653$4,880$2,692$1,509
44 years$23,763$14,183$8,122$4,506$2,444$1,347
45 years$22,973$13,525$7,627$4,162$2,218$1,203
46 years$22,219$12,902$7,163$3,844$2,014$1,074
47 years$21,500$12,312$6,730$3,552$1,829$959
48 years$20,813$11,754$6,324$3,282$1,661$857
49 years$20,156$11,224$5,944$3,033$1,509$765
50 years$19,527$10,722$5,588$2,803$1,370$684

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 $2,712 every year, while hoping to spend $55,312 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: 66/15/19 Blend
44$20,000,000$20,000,000$20,000,000$20,000,000
45$22,042,797$20,982,797$20,672,797$23,392,998
46$24,232,311$21,952,103$21,306,485$25,267,425
47$26,643,302$22,967,051$21,959,546$27,309,077
48$29,298,301$24,029,819$22,632,574$29,539,652
49$32,222,137$25,142,690$23,326,175$31,977,686
50$35,442,171$26,308,057$24,040,977$34,643,578
51$38,988,549$27,528,428$24,777,627$37,559,777
52$42,894,493$28,806,433$25,536,789$40,750,991
53$47,196,610$30,144,827$26,319,150$44,244,412
54$51,935,240$31,546,500$27,125,418$48,069,975
55$57,154,834$33,014,478$27,956,319$52,260,629
56$62,904,376$34,551,936$28,812,604$56,852,648
57$69,237,844$36,162,202$29,695,048$61,885,967
58$76,214,718$37,848,764$30,604,446$67,404,553
59$83,900,543$39,615,277$31,541,618$73,456,814
60$92,367,548$41,465,575$32,507,412$80,096,053
61$101,695,325$43,403,676$33,502,698$87,380,964
62$111,971,584$45,433,792$34,528,375$95,376,177
63$123,292,977$47,560,339$35,585,366$104,152,867
64$135,766,010$49,787,946$36,674,626$113,789,415
65$149,508,054$52,121,465$37,797,136$124,372,142
66$164,648,444$54,565,985$38,953,909$135,996,116
67$181,329,706$57,126,840$40,145,986$148,766,044
68$199,708,902$59,809,621$41,374,442$162,797,250
69$219,959,108$62,620,190$42,640,384$178,216,757
70$242,271,052$65,564,695$43,944,952$195,164,476
71$266,854,912$68,649,577$45,289,320$213,794,518
72$293,942,300$71,881,593$46,674,699$234,276,641
73$323,788,449$75,267,827$48,102,337$256,797,841
74$356,674,623$78,815,702$49,573,517$281,564,106
75$392,910,769$82,533,006$51,089,564$308,802,354
76$432,838,445$86,427,900$52,651,842$338,762,559
77$476,834,043$90,508,944$54,261,756$371,720,102
78$525,312,344$94,785,111$55,920,753$407,978,356
79$578,730,430$99,265,808$57,630,325$447,871,541
80$637,592,002$103,960,901$59,392,009$491,767,864
81$702,452,133$108,880,732$61,207,388$540,072,978
82$773,922,508$114,036,145$63,078,093$593,233,801
83$852,677,200$119,438,512$65,005,805$651,742,720
84$939,459,030$125,099,755$66,992,255$716,142,220
85$1,035,086,582$131,032,375$69,039,227$787,029,991
86$1,140,461,931$137,249,478$71,148,559$865,064,553
87$1,256,579,156$143,764,811$73,322,143$950,971,456
88$1,384,533,726$150,592,783$75,561,931$1,045,550,107
89$1,525,532,842$157,748,505$77,869,932$1,149,681,300
90$1,680,906,834$165,247,824$80,248,216$1,264,335,511
91$1,852,121,716$173,107,352$82,698,917$1,390,582,036
92$2,040,793,031$181,344,513$85,224,231$1,529,599,065
93$2,248,701,100$189,977,574$87,826,423$1,682,684,778
94$2,477,807,829$199,025,691$90,507,824$1,851,269,584
95$2,730,275,229$208,508,951$93,270,837$2,036,929,589
96$3,008,485,830$218,448,418$96,117,938$2,241,401,456
97$3,315,065,172$228,866,178$99,051,676$2,466,598,769
98$3,652,906,591$239,785,392$102,074,679$2,714,630,071
99$4,025,198,535$251,230,348$105,189,653$2,987,818,738
100$4,435,454,665$263,226,515$108,399,386$3,288,724,879