Can I retire at age 45 with 19,300,000?

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 $19,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$1,593,776$1,579,579$1,565,729$1,552,210$1,539,009$1,499,978
2 years$788,998$774,304$760,063$746,255$732,861$693,792
3 years$520,774$506,016$491,811$478,133$464,957$427,071
4 years$386,688$371,975$357,912$344,468$331,612$295,200
5 years$306,257$291,633$277,755$264,584$252,086$217,250
6 years$252,655$238,140$224,467$211,590$199,467$166,241
7 years$214,382$199,990$186,533$173,960$162,220$130,608
8 years$185,691$171,428$158,195$145,931$134,577$104,564
9 years$163,387$149,259$136,253$124,301$113,333$84,893
10 years$145,554$131,565$118,789$107,148$96,566$69,665
11 years$130,973$117,124$104,580$93,251$83,050$57,648
12 years$118,831$105,124$92,812$81,794$71,969$48,023
13 years$108,565$95,002$82,921$72,212$62,759$40,220
14 years$99,774$86,354$74,505$64,101$55,014$33,832
15 years$92,161$78,886$67,268$57,167$48,438$28,561
16 years$85,506$72,376$60,988$51,187$42,810$24,183
17 years$79,641$66,656$55,497$45,991$37,958$20,526
18 years$74,433$61,593$50,662$41,447$33,751$17,459
19 years$69,778$57,084$46,378$37,451$30,083$14,876
20 years$65,595$53,045$42,564$33,919$26,871$12,694
21 years$61,814$49,409$39,150$30,784$24,046$10,845
22 years$58,382$46,122$36,083$27,990$21,554$9,275
23 years$55,253$43,137$33,316$25,491$19,348$7,940
24 years$52,389$40,416$30,812$23,249$17,390$6,802
25 years$49,758$37,929$28,538$21,232$15,649$5,831
26 years$47,334$35,647$26,468$19,414$14,096$5,001
27 years$45,093$33,548$24,578$17,770$12,709$4,292
28 years$43,015$31,612$22,848$16,281$11,467$3,684
29 years$41,085$29,822$21,262$14,930$10,355$3,164
30 years$39,286$28,164$19,805$13,702$9,356$2,718
31 years$37,607$26,624$18,463$12,584$8,459$2,335
32 years$36,036$25,192$17,227$11,565$7,652$2,007
33 years$34,563$23,857$16,085$10,635$6,925$1,725
34 years$33,180$22,611$15,029$9,785$6,269$1,483
35 years$31,879$21,446$14,051$9,008$5,678$1,275
36 years$30,653$20,356$13,144$8,296$5,145$1,097
37 years$29,496$19,333$12,303$7,644$4,663$943
38 years$28,402$18,374$11,521$7,045$4,228$811
39 years$27,367$17,471$10,794$6,496$3,834$698
40 years$26,386$16,623$10,117$5,992$3,477$600
41 years$25,456$15,823$9,487$5,528$3,155$517
42 years$24,572$15,070$8,899$5,102$2,863$444
43 years$23,731$14,358$8,350$4,710$2,598$382
44 years$22,931$13,686$7,838$4,349$2,358$329
45 years$22,169$13,051$7,360$4,016$2,141$283
46 years$21,442$12,450$6,912$3,710$1,944$244
47 years$20,748$11,881$6,494$3,427$1,765$210
48 years$20,085$11,342$6,103$3,167$1,603$180
49 years$19,450$10,831$5,736$2,927$1,456$155
50 years$18,844$10,347$5,393$2,705$1,322$134

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $19,300,000, adding $4,408 every year, while hoping to spend $23,249 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: 43/37/20 Blend
44$19,300,000$19,300,000$19,300,000$19,300,000
45$21,273,147$20,250,247$19,951,097$22,063,801
46$23,418,271$21,217,772$20,594,722$23,590,864
47$25,781,419$22,231,927$21,259,129$25,241,676
48$28,384,804$23,294,972$21,944,990$27,029,738
49$31,252,905$24,409,277$22,652,999$28,967,714
50$34,412,697$25,577,327$23,383,870$31,069,498
51$37,893,906$26,801,730$24,138,344$33,350,342
52$41,729,289$28,085,219$24,917,182$35,826,985
53$45,954,942$29,430,660$25,721,173$38,517,808
54$50,610,643$30,841,060$26,551,130$41,442,996
55$55,740,227$32,319,570$27,407,891$44,624,716
56$61,391,999$33,869,498$28,292,324$48,087,321
57$67,619,189$35,494,309$29,205,323$51,857,565
58$74,480,456$37,197,640$30,147,811$55,964,847
59$82,040,442$38,983,304$31,120,742$60,441,474
60$90,370,380$40,855,299$32,125,101$65,322,957
61$99,548,770$42,817,819$33,161,902$70,648,331
62$109,662,114$44,875,262$34,232,195$76,460,510
63$120,805,739$47,032,240$35,337,064$82,806,681
64$133,084,694$49,293,589$36,477,625$89,738,728
65$146,614,741$51,664,383$37,655,033$97,313,716
66$161,523,448$54,149,941$38,870,480$105,594,405
67$177,951,394$56,755,842$40,125,195$114,649,829
68$196,053,496$59,487,938$41,420,449$124,555,931
69$216,000,470$62,352,366$42,757,552$135,396,260
70$237,980,446$65,355,559$44,137,858$147,262,740
71$262,200,739$68,504,270$45,562,764$160,256,517
72$288,889,811$71,805,575$47,033,713$174,488,898
73$318,299,422$75,266,898$48,552,193$190,082,369
74$350,707,013$78,896,027$50,119,741$207,171,740
75$386,418,322$82,701,125$51,737,946$225,905,384
76$425,770,269$86,690,759$53,408,446$246,446,618
77$469,134,139$90,873,908$55,132,931$268,975,214
78$516,919,085$95,259,994$56,913,148$293,689,071
79$569,575,994$99,858,896$58,750,901$320,806,053
80$627,601,739$104,680,975$60,648,050$350,566,016
81$691,543,874$109,737,100$62,606,516$383,233,039
82$762,005,799$115,038,668$64,628,285$419,097,882
83$839,652,460$120,597,633$66,715,402$458,480,701
84$925,216,626$126,426,532$68,869,983$501,734,028
85$1,019,505,805$132,538,515$71,094,211$549,246,064
86$1,123,409,869$138,947,374$73,390,338$601,444,302
87$1,237,909,452$145,667,572$75,760,692$658,799,523
88$1,364,085,215$152,714,281$78,207,673$721,830,191
89$1,503,128,038$160,103,413$80,733,762$791,107,306
90$1,656,350,273$167,851,655$83,341,517$867,259,745
91$1,825,198,125$175,976,510$86,033,583$950,980,149
92$2,011,265,312$184,496,338$88,812,686$1,043,031,403
93$2,216,308,108$193,430,392$91,681,645$1,144,253,793
94$2,442,261,921$202,798,867$94,643,366$1,255,572,871
95$2,691,259,570$212,622,945$97,700,852$1,378,008,136
96$2,965,651,418$222,924,841$100,857,202$1,512,682,594
97$3,268,027,560$233,727,856$104,115,616$1,660,833,294
98$3,601,242,279$245,056,429$107,479,398$1,823,822,934
99$3,968,440,991$256,936,193$110,951,957$2,003,152,655
100$4,373,089,940$269,394,034$114,536,815$2,200,476,134