Can I retire at age 45 with 19,000,000?

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 $19,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,461,912
2 years$776,734$762,268$748,248$734,655$721,470$668,455
3 years$512,679$498,150$484,166$470,701$457,730$406,542
4 years$380,677$366,193$352,349$339,113$326,457$277,486
5 years$301,497$287,100$273,437$260,471$248,167$201,543
6 years$248,727$234,439$220,978$208,301$196,366$152,123
7 years$211,050$196,881$183,634$171,256$159,698$117,829
8 years$182,804$168,764$155,736$143,662$132,485$92,954
9 years$160,847$146,939$134,135$122,368$111,572$74,329
10 years$143,292$129,520$116,942$105,483$95,065$60,047
11 years$128,937$115,304$102,954$91,802$81,759$48,895
12 years$116,984$103,490$91,369$80,522$70,850$40,063
13 years$106,878$93,525$81,632$71,089$61,783$32,990
14 years$98,223$85,012$73,347$63,105$54,159$27,274
15 years$90,728$77,660$66,222$56,279$47,686$22,622
16 years$84,177$71,251$60,040$50,391$42,145$18,813
17 years$78,403$65,620$54,634$45,276$37,368$15,679
18 years$73,276$60,636$49,874$40,803$33,226$13,091
19 years$68,694$56,197$45,657$36,869$29,615$10,946
20 years$64,575$52,221$41,902$33,392$26,453$9,164
21 years$60,853$48,641$38,542$30,305$23,672$7,679
22 years$57,475$45,405$35,522$27,554$21,219$6,441
23 years$54,394$42,466$32,798$25,094$19,047$5,406
24 years$51,575$39,788$30,333$22,888$17,120$4,540
25 years$48,985$37,339$28,094$20,902$15,406$3,815
26 years$46,598$35,093$26,056$19,112$13,877$3,207
27 years$44,392$33,026$24,195$17,494$12,511$2,697
28 years$42,347$31,121$22,493$16,028$11,289$2,268
29 years$40,446$29,359$20,931$14,698$10,194$1,909
30 years$38,676$27,726$19,497$13,489$9,211$1,606
31 years$37,023$26,211$18,176$12,389$8,327$1,352
32 years$35,476$24,800$16,959$11,385$7,533$1,138
33 years$34,026$23,486$15,835$10,470$6,817$958
34 years$32,665$22,260$14,795$9,633$6,172$807
35 years$31,384$21,113$13,832$8,868$5,590$679
36 years$30,176$20,039$12,940$8,167$5,065$572
37 years$29,037$19,033$12,111$7,525$4,591$482
38 years$27,961$18,088$11,342$6,936$4,162$406
39 years$26,942$17,200$10,626$6,395$3,774$342
40 years$25,976$16,364$9,960$5,899$3,423$288
41 years$25,060$15,577$9,339$5,442$3,106$242
42 years$24,190$14,835$8,760$5,023$2,818$204
43 years$23,362$14,135$8,220$4,636$2,558$172
44 years$22,575$13,474$7,716$4,281$2,321$145
45 years$21,824$12,848$7,245$3,954$2,107$122
46 years$21,108$12,257$6,805$3,652$1,913$103
47 years$20,425$11,697$6,393$3,374$1,738$87
48 years$19,772$11,166$6,008$3,118$1,578$73
49 years$19,148$10,663$5,647$2,881$1,433$61
50 years$18,551$10,186$5,309$2,663$1,302$52

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $19,000,000, adding $6,965 every year, while hoping to spend $42,523 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: 48/42/10 Blend
44$19,000,000$19,000,000$19,000,000$19,000,000
45$20,945,184$19,938,184$19,643,684$21,893,181
46$23,036,349$20,869,911$20,256,504$23,476,980
47$25,339,387$21,845,868$20,888,427$25,190,595
48$27,875,865$22,868,176$21,540,050$27,050,152
49$30,669,548$23,939,061$22,211,986$29,069,263
50$33,746,622$25,060,855$22,904,868$31,262,876
51$37,135,944$26,236,003$23,619,347$33,647,398
52$40,869,312$27,467,069$24,356,098$36,240,848
53$44,981,768$28,756,742$25,115,813$39,063,018
54$49,511,923$30,107,837$25,899,207$42,135,647
55$54,502,328$31,523,309$26,707,019$45,482,621
56$59,999,870$33,006,256$27,540,009$49,130,184
57$66,056,217$34,559,923$28,398,960$53,107,179
58$72,728,308$36,187,716$29,284,681$57,445,306
59$80,078,884$37,893,202$30,198,007$62,179,413
60$88,177,085$39,680,125$31,139,795$67,347,809
61$97,099,103$41,552,406$32,110,934$72,992,617
62$106,928,898$43,514,160$33,112,336$79,160,155
63$117,758,991$45,569,699$34,144,945$85,901,361
64$129,691,339$47,723,545$35,209,731$93,272,259
65$142,838,295$49,980,439$36,307,697$101,334,472
66$157,323,672$52,345,351$37,439,876$110,155,788
67$173,283,907$54,823,494$38,607,332$119,810,784
68$190,869,353$57,420,332$39,811,165$130,381,511
69$210,245,694$60,141,596$41,052,506$141,958,254
70$231,595,514$62,993,293$42,332,524$154,640,357
71$255,120,015$65,981,724$43,652,423$168,537,150
72$281,040,921$69,113,492$45,013,443$183,768,954
73$309,602,567$72,395,526$46,416,866$200,468,197
74$341,074,209$75,835,086$47,864,011$218,780,640
75$375,752,562$79,439,789$49,356,238$238,866,731
76$413,964,603$83,217,618$50,894,952$260,903,090
77$456,070,659$87,176,948$52,481,599$285,084,154
78$502,467,804$91,326,557$54,117,672$311,623,983
79$553,593,614$95,675,652$55,804,707$340,758,251
80$609,930,291$100,233,887$57,544,293$372,746,442
81$672,009,217$105,011,384$59,338,064$407,874,265
82$740,415,974$110,018,759$61,187,706$446,456,320
83$815,795,868$115,267,142$63,094,958$488,839,033
84$898,860,021$120,768,207$65,061,613$535,403,888
85$990,392,086$126,534,192$67,089,520$586,570,988
86$1,091,255,645$132,577,933$69,180,585$642,802,987
87$1,202,402,358$138,912,890$71,336,773$704,609,410
88$1,324,880,954$145,553,177$73,560,110$772,551,418
89$1,459,847,124$152,513,595$75,852,686$847,247,064
90$1,608,574,434$159,809,665$78,216,655$929,377,075
91$1,772,466,352$167,457,664$80,654,239$1,019,691,230
92$1,953,069,492$175,474,661$83,167,727$1,119,015,383
93$2,152,088,216$183,878,555$85,759,482$1,228,259,206
94$2,371,400,727$192,688,117$88,431,937$1,348,424,713
95$2,613,076,799$201,923,033$91,187,605$1,480,615,666
96$2,879,397,316$211,603,946$94,029,074$1,626,047,924
97$3,172,875,807$221,752,503$96,959,012$1,786,060,857
98$3,496,282,172$232,391,409$99,980,172$1,962,129,919
99$3,852,668,837$243,544,472$103,095,392$2,155,880,505
100$4,245,399,568$255,236,660$106,307,596$2,369,103,215