Can I retire at age 45 with 19,700,000?

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 $19,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$1,626,808$1,612,317$1,598,179$1,584,380$1,570,906$1,514,566
2 years$805,350$790,351$775,815$761,721$748,050$691,899
3 years$531,567$516,503$502,004$488,042$474,594$420,395
4 years$394,702$379,685$365,330$351,607$338,484$286,652
5 years$312,605$297,677$283,511$270,068$257,310$207,981
6 years$257,891$243,076$229,119$215,975$203,601$156,810
7 years$218,825$204,135$190,399$177,565$165,582$121,320
8 years$189,539$174,981$161,474$148,955$137,366$95,595
9 years$166,773$152,353$139,077$126,877$115,682$76,347
10 years$148,571$134,291$121,251$109,369$98,567$61,599
11 years$133,688$119,552$106,747$95,184$84,771$50,094
12 years$121,294$107,303$94,735$83,489$73,461$40,991
13 years$110,815$96,971$84,640$73,708$64,059$33,708
14 years$101,841$88,144$76,049$65,430$56,154$27,829
15 years$94,071$80,521$68,662$58,352$49,442$23,049
16 years$87,278$73,876$62,253$52,248$43,697$19,140
17 years$81,291$68,037$56,647$46,944$38,745$15,929
18 years$75,975$62,870$51,712$42,306$34,450$13,279
19 years$71,225$58,267$47,339$38,227$30,706$11,087
20 years$66,954$54,144$43,446$34,622$27,427$9,267
21 years$63,095$50,433$39,962$31,422$24,544$7,754
22 years$59,592$47,078$36,831$28,570$22,001$6,494
23 years$56,398$44,031$34,007$26,019$19,749$5,442
24 years$53,475$41,254$31,451$23,731$17,751$4,563
25 years$50,790$38,715$29,130$21,672$15,973$3,828
26 years$48,315$36,386$27,016$19,816$14,388$3,213
27 years$46,027$34,243$25,087$18,138$12,972$2,697
28 years$43,907$32,267$23,322$16,618$11,705$2,265
29 years$41,936$30,440$21,703$15,239$10,569$1,903
30 years$40,101$28,748$20,215$13,986$9,550$1,599
31 years$38,387$27,176$18,846$12,845$8,634$1,343
32 years$36,783$25,714$17,584$11,805$7,810$1,129
33 years$35,280$24,352$16,418$10,856$7,068$949
34 years$33,868$23,080$15,340$9,988$6,399$798
35 years$32,540$21,891$14,342$9,195$5,796$671
36 years$31,288$20,778$13,416$8,468$5,252$564
37 years$30,107$19,734$12,558$7,802$4,760$474
38 years$28,991$18,754$11,760$7,191$4,315$399
39 years$27,934$17,834$11,017$6,631$3,913$335
40 years$26,933$16,967$10,327$6,116$3,549$282
41 years$25,983$16,151$9,683$5,643$3,220$237
42 years$25,081$15,382$9,083$5,208$2,922$199
43 years$24,223$14,656$8,523$4,807$2,652$168
44 years$23,406$13,970$8,001$4,439$2,407$141
45 years$22,628$13,322$7,512$4,099$2,185$119
46 years$21,886$12,708$7,056$3,787$1,984$100
47 years$21,178$12,128$6,629$3,498$1,802$84
48 years$20,501$11,577$6,229$3,233$1,636$70
49 years$19,854$11,056$5,855$2,987$1,486$59
50 years$19,234$10,561$5,505$2,761$1,350$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $19,700,000, adding $4,805 every year, while hoping to spend $44,323 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: 72/10/18 Blend
44$19,700,000$19,700,000$19,700,000$19,700,000
45$21,714,356$20,670,256$20,364,906$23,185,414
46$23,882,061$21,635,940$20,999,971$25,129,196
47$26,269,387$22,647,456$21,654,826$27,251,452
48$28,898,687$23,707,004$22,330,085$29,574,538
49$31,794,595$24,816,889$23,026,385$32,118,361
50$34,984,256$25,979,529$23,744,381$34,904,832
51$38,497,580$27,197,456$24,484,748$37,958,077
52$42,367,529$28,473,327$25,248,182$41,304,656
53$46,630,423$29,809,926$26,035,403$44,973,814
54$51,326,287$31,210,173$26,847,149$48,997,750
55$56,499,224$32,677,128$27,684,185$53,411,924
56$62,197,838$34,214,000$28,547,298$58,255,381
57$68,475,685$35,824,153$29,437,300$63,571,118
58$75,391,782$37,511,114$30,355,027$69,406,490
59$83,011,166$39,278,581$31,301,342$75,813,646
60$91,405,504$41,130,430$32,277,136$82,850,023
61$100,653,771$43,070,727$33,283,326$90,578,881
62$110,842,996$45,103,733$34,320,858$99,069,893
63$122,069,083$47,233,917$35,390,707$108,399,805
64$134,437,713$49,465,962$36,493,880$118,653,148
65$148,065,347$51,804,782$37,631,412$129,923,034
66$163,080,322$54,255,525$38,804,374$142,312,031
67$179,624,062$56,823,594$40,013,868$155,933,122
68$197,852,414$59,514,648$41,261,030$170,910,767
69$217,937,119$62,334,624$42,547,034$187,382,075
70$240,067,433$65,289,748$43,873,087$205,498,085
71$264,451,911$68,386,547$45,240,436$225,425,191
72$291,320,381$71,631,862$46,650,365$247,346,705
73$320,926,108$75,032,871$48,104,200$271,464,576
74$353,548,186$78,597,097$49,603,306$298,001,293
75$389,494,177$82,332,430$51,149,093$327,201,978
76$429,103,006$86,247,143$52,743,011$359,336,686
77$472,748,170$90,349,911$54,386,559$394,702,952
78$520,841,256$94,649,828$56,081,281$433,628,588
79$573,835,828$99,156,434$57,828,768$476,474,767
80$632,231,713$103,879,729$59,630,662$523,639,427
81$696,579,713$108,830,202$61,488,655$575,561,011
82$767,486,812$114,018,850$63,404,493$632,722,603
83$845,621,897$119,457,204$65,379,974$695,656,470
84$931,722,082$125,157,358$67,416,954$764,949,081
85$1,026,599,657$131,131,992$69,517,345$841,246,627
86$1,131,149,766$137,394,403$71,683,120$925,261,111
87$1,246,358,850$143,958,537$73,916,312$1,017,777,059
88$1,373,313,962$150,839,015$76,219,018$1,119,658,904
89$1,513,213,031$158,051,171$78,593,400$1,231,859,144
90$1,667,376,168$165,611,086$81,041,687$1,355,427,309
91$1,837,258,130$173,535,622$83,566,176$1,491,519,858
92$2,024,462,055$181,842,463$86,169,238$1,641,411,081
93$2,230,754,593$190,550,152$88,853,316$1,806,505,110
94$2,458,082,588$199,678,136$91,620,929$1,988,349,157
95$2,708,591,456$209,246,809$94,474,674$2,188,648,105
96$2,984,645,438$219,277,556$97,417,230$2,409,280,579
97$3,288,849,923$229,792,807$100,451,357$2,652,316,665
98$3,624,076,041$240,816,080$103,579,903$2,920,037,430
99$3,993,487,771$252,372,041$106,805,803$3,214,956,436
100$4,400,571,810$264,486,558$110,132,084$3,539,843,445