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%14%
1 years$1,651,581$1,636,870$1,622,517$1,608,508$1,594,828$1,568,407
2 years$817,615$802,387$787,630$773,321$759,442$732,901
3 years$539,662$524,369$509,648$495,474$481,821$455,985
4 years$400,713$385,467$370,894$356,961$343,639$318,708
5 years$317,365$302,211$287,829$274,180$261,229$237,274
6 years$261,818$246,778$232,608$219,264$206,701$183,751
7 years$222,157$207,243$193,299$180,269$168,104$146,164
8 years$192,425$177,646$163,933$151,223$139,458$118,525
9 years$169,313$154,673$141,195$128,809$117,444$97,505
10 years$150,833$136,336$123,097$111,034$100,068$81,108
11 years$135,724$121,372$108,373$96,633$86,062$68,060
12 years$123,141$108,937$96,178$84,760$74,579$57,512
13 years$112,503$98,447$85,929$74,831$65,035$48,877
14 years$103,392$89,486$77,207$66,426$57,009$41,734
15 years$95,503$81,747$69,708$59,241$50,195$35,774
16 years$88,608$75,001$63,201$53,044$44,363$30,765
17 years$82,529$69,073$57,510$47,659$39,335$26,530
18 years$77,132$63,827$52,499$42,951$34,975$22,932
19 years$72,309$59,154$48,060$38,809$31,174$19,861
20 years$67,974$54,969$44,107$35,149$27,845$17,231
21 years$64,056$51,201$40,570$31,900$24,918$14,970
22 years$60,500$47,795$37,392$29,005$22,336$13,023
23 years$57,257$44,701$34,525$26,415$20,050$11,341
24 years$54,289$41,882$31,930$24,092$18,021$9,885
25 years$51,563$39,304$29,573$22,002$16,216$8,624
26 years$49,051$36,940$27,428$20,118$14,607$7,528
27 years$46,728$34,765$25,469$18,414$13,170$6,576
28 years$44,576$32,759$23,677$16,871$11,883$5,747
29 years$42,575$30,904$22,033$15,471$10,730$5,025
30 years$40,711$29,186$20,523$14,199$9,695$4,396
31 years$38,971$27,590$19,133$13,041$8,766$3,847
32 years$37,343$26,106$17,851$11,985$7,929$3,367
33 years$35,817$24,723$16,668$11,021$7,176$2,948
34 years$34,384$23,431$15,574$10,140$6,497$2,582
35 years$33,035$22,224$14,560$9,335$5,884$2,261
36 years$31,765$21,094$13,621$8,597$5,332$1,981
37 years$30,565$20,035$12,749$7,921$4,832$1,736
38 years$29,432$19,040$11,939$7,301$4,381$1,521
39 years$28,360$18,105$11,185$6,732$3,973$1,333
40 years$27,343$17,226$10,484$6,209$3,603$1,169
41 years$26,379$16,397$9,831$5,729$3,269$1,024
42 years$25,463$15,616$9,221$5,287$2,966$898
43 years$24,592$14,879$8,653$4,880$2,692$787
44 years$23,763$14,183$8,122$4,506$2,444$690
45 years$22,973$13,525$7,627$4,162$2,218$605
46 years$22,219$12,902$7,163$3,844$2,014$531
47 years$21,500$12,312$6,730$3,552$1,829$466
48 years$20,813$11,754$6,324$3,282$1,661$408
49 years$20,156$11,224$5,944$3,033$1,509$358
50 years$19,527$10,722$5,588$2,803$1,370$314

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 $3,703 every year, while hoping to spend $29,390 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: 60/30/10 Blend
44$20,000,000$20,000,000$20,000,000$20,000,000
45$22,043,820$20,983,820$20,673,820$23,315,318
46$24,261,019$21,980,756$21,335,122$25,166,192
47$26,703,387$23,025,557$22,017,593$27,180,497
48$29,393,860$24,120,538$22,721,910$29,376,900
49$32,357,714$25,268,124$23,448,774$31,772,950
50$35,622,800$26,470,861$24,198,907$34,387,938
51$39,219,810$27,731,418$24,973,055$37,243,074
52$43,182,564$29,052,591$25,771,986$40,361,681
53$47,548,332$30,437,315$26,596,494$43,769,407
54$52,358,186$31,888,667$27,447,400$47,494,461
55$57,657,381$33,409,872$28,325,549$51,567,869
56$63,495,793$35,004,315$29,231,814$56,023,763
57$69,928,379$36,675,541$30,167,095$60,899,692
58$77,015,704$38,427,273$31,132,323$66,236,968
59$84,824,507$40,263,410$32,128,456$72,081,044
60$93,428,333$42,188,044$33,156,486$78,481,940
61$102,908,229$44,205,464$34,217,434$85,494,699
62$113,353,506$46,320,169$35,312,356$93,179,898
63$124,862,583$48,536,877$36,442,340$101,604,210
64$137,543,918$50,860,535$37,608,509$110,841,019
65$151,517,027$53,296,331$38,812,023$120,971,103
66$166,913,617$55,849,704$40,054,079$132,083,383
67$183,878,828$58,526,362$41,335,913$144,275,747
68$202,572,601$61,332,286$42,658,799$157,655,964
69$223,171,190$64,273,752$44,024,053$172,342,684
70$245,868,825$67,357,340$45,433,032$188,466,543
71$270,879,546$70,589,950$46,887,139$206,171,380
72$298,439,221$73,978,819$48,387,819$225,615,579
73$328,807,776$77,531,536$49,936,566$246,973,545
74$362,271,649$81,256,060$51,534,920$270,437,336
75$399,146,489$85,160,739$53,184,472$296,218,450
76$439,780,141$89,254,326$54,886,863$324,549,807
77$484,555,929$93,546,001$56,643,786$355,687,923
78$533,896,270$98,045,392$58,456,989$389,915,314
79$588,266,669$102,762,595$60,328,278$427,543,134
80$648,180,107$107,708,201$62,259,513$468,914,092
81$714,201,889$112,893,313$64,252,617$514,405,660
82$786,954,976$118,329,579$66,309,574$564,433,612
83$867,125,869$124,029,214$68,432,430$619,455,917
84$955,471,090$130,005,028$70,623,299$679,977,038
85$1,052,824,322$136,270,456$72,884,361$746,552,660
86$1,160,104,283$142,839,588$75,217,867$819,794,905
87$1,278,323,394$149,727,202$77,626,139$900,378,078
88$1,408,597,341$156,948,796$80,111,576$989,044,996
89$1,552,155,607$164,520,624$82,676,651$1,086,613,963
90$1,710,353,078$172,459,734$85,323,918$1,193,986,460
91$1,884,682,835$180,784,004$88,056,013$1,312,155,611
92$2,076,790,251$189,512,187$90,875,655$1,442,215,519
93$2,288,488,521$198,663,948$93,785,654$1,585,371,548
94$2,521,775,782$208,259,914$96,788,906$1,742,951,657
95$2,778,853,980$218,321,717$99,888,402$1,916,418,890
96$3,062,149,651$228,872,047$103,087,229$2,107,385,132
97$3,374,336,836$239,934,698$106,388,572$2,317,626,277
98$3,718,362,324$251,534,629$109,795,720$2,549,098,936
99$4,097,473,471$263,698,015$113,312,066$2,803,958,850
100$4,515,248,857$276,452,310$116,941,112$3,084,581,178