Can I retire at age 45 with 19,600,000?

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 $19,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$1,618,550$1,604,132$1,590,067$1,576,337$1,562,932$1,527,631
2 years$801,262$786,339$771,877$757,855$744,253$708,877
3 years$528,869$513,882$499,455$485,565$472,185$437,839
4 years$392,699$377,757$363,476$349,822$336,766$303,715
5 years$311,018$296,166$282,072$268,697$256,004$224,340
6 years$256,582$241,842$227,956$214,879$202,567$172,323
7 years$217,714$203,099$189,433$176,664$164,742$135,923
8 years$188,577$174,093$160,654$148,199$136,669$109,265
9 years$165,926$151,579$138,371$126,233$115,095$89,085
10 years$147,817$133,610$120,635$108,814$98,067$73,423
11 years$133,009$118,945$106,205$94,701$84,341$61,030
12 years$120,678$106,759$94,254$83,065$73,088$51,073
13 years$110,253$96,479$84,210$73,334$63,734$42,975
14 years$101,324$87,696$75,663$65,098$55,869$36,323
15 years$93,593$80,112$68,314$58,056$49,191$30,814
16 years$86,835$73,501$61,936$51,983$43,475$26,221
17 years$80,879$67,692$56,360$46,706$38,548$22,370
18 years$75,590$62,550$51,449$42,092$34,275$19,125
19 years$70,863$57,971$47,099$38,033$30,550$16,381
20 years$66,614$53,870$43,225$34,446$27,288$14,052
21 years$62,775$50,177$39,759$31,262$24,420$12,070
22 years$59,290$46,839$36,644$28,425$21,889$10,380
23 years$56,112$43,807$33,834$25,887$19,649$8,934
24 years$53,204$41,045$31,291$23,610$17,661$7,696
25 years$50,532$38,518$28,982$21,562$15,892$6,634
26 years$48,070$36,201$26,879$19,715$14,315$5,723
27 years$45,794$34,069$24,960$18,046$12,906$4,939
28 years$43,684$32,103$23,203$16,534$11,645$4,264
29 years$41,724$30,286$21,592$15,162$10,516$3,683
30 years$39,897$28,602$20,113$13,915$9,501$3,182
31 years$38,192$27,038$18,750$12,780$8,590$2,750
32 years$36,596$25,584$17,494$11,745$7,770$2,377
33 years$35,101$24,228$16,335$10,800$7,032$2,055
34 years$33,696$22,963$15,262$9,937$6,367$1,778
35 years$32,375$21,780$14,269$9,148$5,767$1,537
36 years$31,129$20,672$13,348$8,425$5,225$1,330
37 years$29,954$19,634$12,494$7,763$4,736$1,151
38 years$28,843$18,659$11,700$7,155$4,293$996
39 years$27,792$17,743$10,962$6,597$3,893$861
40 years$26,796$16,881$10,274$6,085$3,531$745
41 years$25,851$16,069$9,634$5,614$3,204$645
42 years$24,954$15,304$9,037$5,181$2,907$558
43 years$24,100$14,581$8,480$4,783$2,638$483
44 years$23,288$13,899$7,960$4,416$2,395$418
45 years$22,513$13,254$7,474$4,078$2,174$362
46 years$21,775$12,644$7,020$3,767$1,974$313
47 years$21,070$12,066$6,595$3,481$1,792$271
48 years$20,397$11,519$6,198$3,216$1,628$235
49 years$19,753$11,000$5,825$2,972$1,478$203
50 years$19,136$10,507$5,477$2,747$1,343$176

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $19,600,000, adding $3,307 every year, while hoping to spend $41,414 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: 54/16/30 Blend
44$19,600,000$19,600,000$19,600,000$19,600,000
45$21,602,611$20,563,811$20,260,011$22,588,079
46$23,762,013$21,527,374$20,894,657$24,235,057
47$26,140,286$22,536,763$21,549,176$26,022,771
48$28,759,712$23,594,180$22,224,190$27,968,408
49$31,644,842$24,701,934$22,920,339$30,087,165
50$34,822,731$25,862,445$23,638,286$32,395,754
51$38,323,194$27,078,249$24,378,714$34,912,555
52$42,179,084$28,352,007$25,142,324$37,657,781
53$46,426,602$29,686,507$25,929,844$40,653,669
54$51,105,643$31,084,673$26,742,021$43,924,682
55$56,260,167$32,549,571$27,579,627$47,497,734
56$61,938,617$34,084,413$28,443,457$51,402,439
57$68,194,377$35,692,570$29,334,334$55,671,383
58$75,086,271$37,377,574$30,253,102$60,340,430
59$82,679,125$39,143,129$31,200,636$65,449,046
60$91,044,373$40,993,120$32,177,834$71,040,672
61$100,260,734$42,931,617$33,185,626$77,163,123
62$110,414,953$44,962,891$34,224,969$83,869,034
63$121,602,622$47,091,417$35,296,850$91,216,348
64$133,929,082$49,321,889$36,402,287$99,268,852
65$147,510,416$51,659,228$37,542,330$108,096,779
66$162,474,543$54,108,595$38,718,063$117,777,452
67$178,962,430$56,675,400$39,930,602$128,396,013
68$197,129,420$59,365,317$41,181,099$140,046,211
69$217,146,696$62,184,293$42,470,741$152,831,283
70$239,202,902$65,138,566$43,800,754$166,864,912
71$263,505,919$68,234,677$45,172,400$182,272,295
72$290,284,830$71,479,483$46,586,983$199,191,309
73$319,792,081$74,880,176$48,045,845$217,773,803
74$352,305,865$78,444,296$49,550,373$238,187,020
75$388,132,747$82,179,751$51,101,994$260,615,161
76$427,610,559$86,094,830$52,702,182$285,261,112
77$471,111,588$90,198,229$54,352,458$312,348,344
78$519,046,093$94,499,065$56,054,387$342,123,009
79$571,866,171$99,006,896$57,809,587$374,856,249
80$630,070,036$103,731,749$59,619,723$410,846,738
81$694,206,710$108,684,135$61,486,514$450,423,488
82$764,881,215$113,875,079$63,411,733$493,948,935
83$842,760,281$119,316,139$65,397,208$541,822,342
84$928,578,638$125,019,439$67,444,823$594,483,554
85$1,023,145,957$130,997,689$69,556,523$652,417,126
86$1,127,354,491$137,264,222$71,734,312$716,156,878
87$1,242,187,495$143,833,015$73,980,258$786,290,914
88$1,368,728,516$150,718,729$76,296,493$863,467,153
89$1,508,171,614$157,936,737$78,685,215$948,399,418
90$1,661,832,641$165,503,159$81,148,692$1,041,874,156
91$1,831,161,661$173,434,904$83,689,263$1,144,757,833
92$2,017,756,636$181,749,700$86,309,339$1,258,005,090
93$2,223,378,517$190,466,140$89,011,407$1,382,667,724
94$2,449,967,868$199,603,723$91,798,031$1,519,904,595
95$2,699,663,182$209,182,896$94,671,856$1,670,992,529
96$2,974,821,073$219,225,105$97,635,611$1,837,338,347
97$3,278,038,526$229,752,838$100,692,106$2,020,492,107
98$3,612,177,408$240,789,680$103,844,244$2,222,161,709
99$3,980,391,493$252,360,364$107,095,016$2,444,228,981
100$4,386,156,232$264,490,829$110,447,506$2,688,767,403