Can I retire at age 45 with 19,800,000?

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 $19,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$1,635,065$1,620,501$1,606,292$1,592,422$1,578,880$1,520,442
2 years$809,438$794,363$779,753$765,588$751,848$693,632
3 years$534,265$519,125$504,552$490,519$477,003$420,841
4 years$396,706$381,612$367,185$353,392$340,203$286,523
5 years$314,192$299,188$284,950$271,439$258,617$207,558
6 years$259,200$244,310$230,282$217,072$204,634$156,233
7 years$219,936$205,171$191,366$178,467$166,423$120,666
8 years$190,501$175,869$162,293$149,711$138,064$94,911
9 years$167,619$153,126$139,783$127,521$116,270$75,661
10 years$149,325$134,973$121,866$109,924$99,067$60,930
11 years$134,366$120,159$107,289$95,667$85,201$49,454
12 years$121,910$107,848$95,216$83,913$73,834$40,386
13 years$111,378$97,463$85,069$74,082$64,384$33,142
14 years$102,358$88,591$76,435$65,762$56,439$27,305
15 years$94,548$80,930$69,011$58,648$49,693$22,567
16 years$87,721$74,251$62,569$52,513$43,919$18,699
17 years$81,704$68,383$56,935$47,183$38,942$15,527
18 years$76,361$63,189$51,974$42,521$34,625$12,915
19 years$71,586$58,563$47,580$38,421$30,862$10,758
20 years$67,294$54,419$43,666$34,798$27,567$8,972
21 years$63,416$50,689$40,165$31,581$24,669$7,490
22 years$59,895$47,317$37,018$28,715$22,112$6,258
23 years$56,685$44,254$34,179$26,151$19,849$5,232
24 years$53,746$41,463$31,610$23,851$17,841$4,376
25 years$51,047$38,911$29,277$21,782$16,054$3,663
26 years$48,560$36,570$27,153$19,917$14,461$3,066
27 years$46,261$34,417$25,214$18,230$13,038$2,568
28 years$44,130$32,431$23,440$16,703$11,764$2,151
29 years$42,149$30,595$21,813$15,317$10,623$1,803
30 years$40,304$28,894$20,318$14,057$9,598$1,511
31 years$38,582$27,314$18,942$12,910$8,678$1,266
32 years$36,970$25,845$17,673$11,865$7,850$1,062
33 years$35,459$24,475$16,501$10,911$7,104$890
34 years$34,040$23,197$15,418$10,039$6,432$746
35 years$32,705$22,002$14,415$9,241$5,826$626
36 years$31,447$20,883$13,485$8,511$5,278$525
37 years$30,260$19,834$12,621$7,842$4,784$440
38 years$29,138$18,850$11,819$7,228$4,337$369
39 years$28,076$17,924$11,073$6,664$3,933$310
40 years$27,070$17,053$10,379$6,147$3,567$260
41 years$26,115$16,233$9,732$5,671$3,236$218
42 years$25,208$15,460$9,129$5,234$2,937$183
43 years$24,346$14,730$8,567$4,832$2,665$153
44 years$23,525$14,041$8,041$4,461$2,419$129
45 years$22,743$13,389$7,550$4,120$2,196$108
46 years$21,997$12,773$7,092$3,806$1,994$91
47 years$21,285$12,189$6,662$3,516$1,811$76
48 years$20,605$11,636$6,261$3,249$1,644$64
49 years$19,954$11,112$5,885$3,003$1,493$53
50 years$19,332$10,615$5,533$2,775$1,357$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $19,800,000, adding $2,205 every year, while hoping to spend $53,912 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: 55/17/28 Blend
44$19,800,000$19,800,000$19,800,000$19,800,000
45$21,821,874$20,772,474$20,465,574$22,852,754
46$23,990,344$21,732,964$21,093,809$24,524,547
47$26,378,190$22,738,710$21,741,283$26,338,675
48$29,007,733$23,791,874$22,408,583$28,313,492
49$31,903,566$24,894,721$23,096,316$30,464,486
50$35,092,792$26,049,624$23,805,104$32,808,684
51$38,605,272$27,259,072$24,535,591$35,364,819
52$42,473,916$28,525,672$25,288,440$38,153,492
53$46,734,986$29,852,160$26,064,332$41,197,367
54$51,428,439$31,241,401$26,863,972$44,521,378
55$56,598,309$32,696,398$27,688,084$48,152,958
56$62,293,116$34,220,302$28,537,415$52,122,295
57$68,566,331$35,816,413$29,412,735$56,462,606
58$75,476,871$37,488,192$30,314,836$61,210,451
59$83,089,665$39,239,267$31,244,536$66,406,065
60$91,476,260$41,073,440$32,202,677$72,093,735
61$100,715,498$42,994,698$33,190,127$78,322,209
62$110,894,262$45,007,221$34,207,779$85,145,151
63$122,108,291$47,115,389$35,256,554$92,621,637
64$134,463,090$49,323,797$36,337,402$100,816,708
65$148,074,921$51,637,258$37,451,300$109,801,971
66$163,071,901$54,060,822$38,599,257$119,656,271
67$179,595,213$56,599,781$39,782,310$130,466,423
68$197,800,438$59,259,683$41,001,531$142,328,024
69$217,859,020$62,046,345$42,258,020$155,346,343
70$239,959,891$64,965,867$43,552,914$169,637,308
71$264,311,247$68,024,641$44,887,383$185,328,585
72$291,142,517$71,229,372$46,262,634$202,560,778
73$320,706,530$74,587,088$47,679,909$221,488,737
74$353,281,898$78,105,157$49,140,488$242,283,015
75$389,175,648$81,791,305$50,645,690$265,131,461
76$428,726,118$85,653,634$52,196,875$290,240,980
77$472,306,155$89,700,634$53,795,443$317,839,474
78$520,326,630$93,941,212$55,442,837$348,177,977
79$573,240,318$98,384,704$57,140,544$381,533,014
80$631,546,175$103,040,898$58,890,097$418,209,189
81$695,794,042$107,920,060$60,693,072$458,542,050
82$766,589,841$113,032,950$62,551,097$502,901,236
83$844,601,294$118,390,853$64,465,848$551,693,950
84$930,564,222$124,005,601$66,439,050$605,368,784
85$1,025,289,497$129,889,600$68,472,482$664,419,935
86$1,129,670,693$136,055,858$70,567,978$729,391,849
87$1,244,692,525$142,518,016$72,727,426$800,884,339
88$1,371,440,138$149,290,374$74,952,771$879,558,229
89$1,511,109,361$156,387,932$77,246,017$966,141,562
90$1,665,017,988$163,826,412$79,609,231$1,061,436,458
91$1,834,618,222$171,622,306$82,044,540$1,166,326,654
92$2,021,510,385$179,792,903$84,554,136$1,281,785,822
93$2,227,458,024$188,356,335$87,140,279$1,408,886,735
94$2,454,404,559$197,331,612$89,805,295$1,548,811,367
95$2,704,491,633$206,738,670$92,551,582$1,702,862,015
96$2,980,079,331$216,598,416$95,381,611$1,872,473,571
97$3,283,768,455$226,932,770$98,297,927$2,059,227,026
98$3,618,425,081$237,764,720$101,303,152$2,264,864,370
99$3,987,207,619$249,118,372$104,399,987$2,491,304,994
100$4,393,596,627$261,019,002$107,591,217$2,740,663,779