Can I retire at age 45 with 19,500,000?

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 $19,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$1,610,292$1,595,948$1,581,954$1,568,295$1,554,957$1,507,598
2 years$797,174$782,328$767,939$753,988$740,456$693,148
3 years$526,170$511,260$496,907$483,087$469,776$424,004
4 years$390,695$375,830$361,621$348,037$335,048$291,162
5 years$309,431$294,655$280,633$267,326$254,698$212,818
6 years$255,273$240,608$226,793$213,783$201,534$161,696
7 years$216,603$202,062$188,466$175,763$163,901$126,103
8 years$187,615$173,205$159,834$147,443$135,972$100,189
9 years$165,080$150,806$137,665$125,589$114,508$80,703
10 years$147,062$132,928$120,020$108,259$97,566$65,691
11 years$132,330$118,338$105,663$94,217$83,910$53,908
12 years$120,063$106,214$93,774$82,641$72,715$44,524
13 years$109,690$95,986$83,780$72,960$63,409$36,964
14 years$100,807$87,249$75,277$64,766$55,584$30,815
15 years$93,116$79,703$67,965$57,760$48,940$25,778
16 years$86,392$73,126$61,620$51,717$43,254$21,624
17 years$80,466$67,347$56,072$46,468$38,352$18,181
18 years$75,204$62,231$51,187$41,877$34,101$15,316
19 years$70,501$57,675$46,859$37,839$30,395$12,923
20 years$66,274$53,595$43,005$34,271$27,149$10,919
21 years$62,455$49,921$39,556$31,103$24,295$9,236
22 years$58,987$46,600$36,457$28,280$21,777$7,819
23 years$55,826$43,584$33,662$25,755$19,549$6,626
24 years$52,932$40,835$31,131$23,490$17,571$5,618
25 years$50,274$38,322$28,834$21,452$15,811$4,766
26 years$47,824$36,016$26,742$19,615$14,242$4,045
27 years$45,560$33,896$24,832$17,954$12,840$3,435
28 years$43,461$31,940$23,085$16,450$11,586$2,918
29 years$41,511$30,131$21,482$15,085$10,462$2,479
30 years$39,694$28,456$20,010$13,844$9,453$2,107
31 years$37,997$26,900$18,655$12,715$8,546$1,791
32 years$36,410$25,453$17,405$11,685$7,731$1,523
33 years$34,922$24,105$16,251$10,745$6,996$1,295
34 years$33,524$22,846$15,184$9,887$6,334$1,101
35 years$32,209$21,669$14,196$9,101$5,737$937
36 years$30,971$20,567$13,280$8,382$5,198$797
37 years$29,801$19,534$12,430$7,723$4,711$678
38 years$28,696$18,564$11,640$7,118$4,271$577
39 years$27,651$17,653$10,906$6,564$3,873$491
40 years$26,660$16,795$10,222$6,054$3,513$417
41 years$25,719$15,987$9,585$5,585$3,187$355
42 years$24,826$15,226$8,991$5,155$2,892$302
43 years$23,977$14,507$8,437$4,758$2,625$257
44 years$23,169$13,828$7,919$4,394$2,383$219
45 years$22,399$13,186$7,436$4,058$2,163$186
46 years$21,664$12,579$6,984$3,748$1,964$158
47 years$20,963$12,005$6,561$3,463$1,783$135
48 years$20,293$11,460$6,166$3,200$1,619$115
49 years$19,652$10,944$5,796$2,957$1,471$98
50 years$19,039$10,454$5,449$2,733$1,336$83

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $19,500,000, adding $6,401 every year, while hoping to spend $31,818 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: 50/37/13 Blend
44$19,500,000$19,500,000$19,500,000$19,500,000
45$21,495,603$20,462,103$20,159,853$22,494,125
46$23,654,300$21,430,892$20,801,354$24,148,745
47$26,032,118$22,446,085$21,463,278$25,941,961
48$28,651,374$23,509,922$22,146,278$27,889,923
49$31,536,659$24,624,753$22,851,023$30,007,184
50$34,715,072$25,793,041$23,578,207$32,309,724
51$38,216,477$27,017,367$24,328,544$34,815,096
52$42,073,779$28,300,440$25,102,772$37,542,582
53$46,323,242$29,645,099$25,901,652$40,513,366
54$51,004,825$31,054,321$26,725,970$43,750,729
55$56,162,563$32,531,229$27,576,536$47,280,252
56$61,844,981$34,079,095$28,454,186$51,130,058
57$68,105,551$35,701,352$29,359,783$55,331,057
58$75,003,199$37,401,600$30,294,217$59,917,235
59$82,602,859$39,183,613$31,258,408$64,925,958
60$90,976,090$41,051,349$32,253,303$70,398,319
61$100,201,743$43,008,958$33,279,881$76,379,507
62$110,366,716$45,060,791$34,339,152$82,919,228
63$121,566,763$47,211,412$35,432,156$90,072,154
64$133,907,409$49,465,608$36,559,969$97,898,431
65$147,504,937$51,828,395$37,723,701$106,464,228
66$162,487,491$54,305,036$38,924,495$115,842,347
67$178,996,282$56,901,050$40,163,532$126,112,899
68$197,186,924$59,622,223$41,442,032$137,364,035
69$217,230,902$62,474,624$42,761,252$149,692,768
70$239,317,190$65,464,616$44,122,490$163,205,867
71$263,654,034$68,598,873$45,527,084$178,020,846
72$290,470,921$71,884,393$46,976,416$194,267,055
73$320,020,741$75,328,515$48,471,913$212,086,876
74$352,582,180$78,938,935$50,015,045$231,637,050
75$388,462,344$82,723,724$51,607,331$253,090,129
76$427,999,663$86,691,347$53,250,337$276,636,084
77$471,567,085$90,850,679$54,945,679$302,484,071
78$519,575,595$95,211,030$56,695,027$330,864,382
79$572,478,096$99,782,160$58,500,100$362,030,585
80$630,773,684$104,574,309$60,362,676$396,261,895
81$695,012,362$109,598,212$62,284,587$433,865,777
82$765,800,227$114,865,128$64,267,725$475,180,815
83$843,805,197$120,386,866$66,314,041$520,579,878
84$929,763,314$126,175,810$68,425,549$570,473,602
85$1,024,485,695$132,244,947$70,604,327$625,314,232
86$1,128,866,183$138,607,897$72,852,519$685,599,852
87$1,243,889,794$145,278,944$75,172,339$751,879,045
88$1,370,642,010$152,273,070$77,566,069$824,756,035
89$1,510,319,029$159,605,984$80,036,066$904,896,342
90$1,664,239,057$167,294,164$82,584,762$993,033,018
91$1,833,854,754$175,354,892$85,214,665$1,089,973,524
92$2,020,766,947$183,806,289$87,928,363$1,196,607,299
93$2,226,739,741$192,667,363$90,728,530$1,313,914,100
94$2,453,717,180$201,958,049$93,617,921$1,442,973,203
95$2,703,841,592$211,699,253$96,599,381$1,584,973,529
96$2,979,473,820$221,912,902$99,675,845$1,741,224,807
97$3,283,215,507$232,621,991$102,850,343$1,913,169,874
98$3,617,933,660$243,850,640$106,126,001$2,102,398,234
99$3,986,787,714$255,624,143$109,506,044$2,310,660,987
100$4,393,259,365$267,969,029$112,993,799$2,539,887,290