Can I retire at age 45 with 19,900,000?

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 $19,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,524,496
2 years$813,526$798,375$783,691$769,454$755,645$693,583
3 years$536,964$521,747$507,100$492,997$479,412$419,601
4 years$398,709$383,539$369,039$355,176$341,921$284,815
5 years$315,778$300,700$286,390$272,810$259,923$205,669
6 years$260,509$245,544$231,445$218,168$205,668$154,301
7 years$221,047$206,207$192,332$179,368$167,263$118,764
8 years$191,463$176,758$163,113$150,467$138,761$93,083
9 years$168,466$153,899$140,489$128,165$116,857$73,930
10 years$150,079$135,655$122,482$110,479$99,568$59,311
11 years$135,045$120,765$107,831$96,150$85,632$47,951
12 years$122,526$108,393$95,697$84,337$74,207$39,002
13 years$111,940$97,955$85,499$74,457$64,710$31,875
14 years$102,875$89,039$76,821$66,094$56,724$26,150
15 years$95,026$81,338$69,359$58,944$49,944$21,520
16 years$88,165$74,626$62,885$52,778$44,141$17,754
17 years$82,117$68,728$57,222$47,421$39,138$14,677
18 years$76,747$63,508$52,237$42,736$34,800$12,154
19 years$71,948$58,858$47,820$38,615$31,018$10,078
20 years$67,634$54,694$43,887$34,974$27,706$8,366
21 years$63,736$50,945$40,367$31,741$24,794$6,952
22 years$60,197$47,556$37,205$28,860$22,224$5,781
23 years$56,971$44,478$34,352$26,283$19,950$4,810
24 years$54,018$41,673$31,770$23,972$17,931$4,005
25 years$51,305$39,108$29,425$21,892$16,135$3,335
26 years$48,805$36,755$27,290$20,017$14,534$2,779
27 years$46,495$34,591$25,342$18,322$13,104$2,316
28 years$44,353$32,595$23,558$16,787$11,824$1,931
29 years$42,362$30,749$21,923$15,394$10,676$1,610
30 years$40,508$29,040$20,420$14,128$9,647$1,343
31 years$38,776$27,452$19,037$12,975$8,722$1,120
32 years$37,157$25,975$17,762$11,925$7,889$934
33 years$35,638$24,599$16,585$10,966$7,140$780
34 years$34,212$23,314$15,496$10,090$6,464$650
35 years$32,870$22,113$14,487$9,288$5,855$543
36 years$31,606$20,989$13,553$8,554$5,305$453
37 years$30,413$19,934$12,685$7,881$4,808$378
38 years$29,285$18,945$11,879$7,264$4,359$315
39 years$28,218$18,015$11,129$6,698$3,953$263
40 years$27,206$17,139$10,432$6,178$3,585$220
41 years$26,247$16,315$9,781$5,700$3,253$183
42 years$25,336$15,538$9,175$5,260$2,952$153
43 years$24,469$14,805$8,610$4,856$2,679$128
44 years$23,644$14,112$8,082$4,484$2,431$107
45 years$22,858$13,457$7,589$4,141$2,207$89
46 years$22,108$12,837$7,127$3,825$2,004$74
47 years$21,393$12,251$6,696$3,534$1,820$62
48 years$20,709$11,695$6,292$3,265$1,653$52
49 years$20,055$11,168$5,914$3,018$1,501$43
50 years$19,429$10,668$5,560$2,789$1,363$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $19,900,000, adding $3,839 every year, while hoping to spend $31,719 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: 30/44/26 Blend
44$19,900,000$19,900,000$19,900,000$19,900,000
45$21,933,760$20,879,060$20,570,610$22,415,527
46$24,137,255$21,868,385$21,225,977$23,779,035
47$26,564,443$22,905,124$21,902,235$25,241,762
48$29,238,108$23,991,567$22,600,051$26,814,711
49$32,183,355$25,130,114$23,320,114$28,507,475
50$35,427,851$26,323,283$24,063,131$30,330,552
51$39,002,082$27,573,714$24,829,836$32,295,436
52$42,939,643$28,884,175$25,620,984$34,414,715
53$47,277,555$30,257,568$26,437,356$36,702,177
54$52,056,613$31,696,936$27,279,755$39,172,930
55$57,321,772$33,205,471$28,149,011$41,843,532
56$63,122,573$34,786,519$29,045,983$44,732,136
57$69,513,605$36,443,588$29,971,553$47,858,646
58$76,555,028$38,180,359$30,926,635$51,244,895
59$84,313,133$40,000,689$31,912,170$54,914,833
60$92,860,974$41,908,624$32,929,128$58,894,740
61$102,279,053$43,908,406$33,978,514$63,213,457
62$112,656,084$46,004,486$35,061,362$67,902,644
63$124,089,825$48,201,527$36,178,739$72,997,062
64$136,688,008$50,504,421$37,331,747$78,534,880
65$150,569,347$52,918,300$38,521,522$84,558,018
66$165,864,666$55,448,543$39,749,239$91,112,526
67$182,718,131$58,100,791$41,016,108$98,248,993
68$201,288,610$60,880,959$42,323,377$106,023,009
69$221,751,175$63,795,253$43,672,337$114,495,662
70$244,298,753$66,850,178$45,064,318$123,734,093
71$269,143,945$70,052,556$46,500,692$133,812,107
72$296,521,038$73,409,542$47,982,876$144,810,843
73$326,688,214$76,928,640$49,512,333$156,819,512
74$359,929,986$80,617,717$51,090,570$169,936,210
75$396,559,885$84,485,026$52,719,145$184,268,818
76$436,923,421$88,539,220$54,399,663$199,935,988
77$481,401,342$92,789,373$56,133,784$217,068,229
78$530,413,230$97,245,004$57,923,217$235,809,108
79$584,421,463$101,916,093$59,769,728$256,316,568
80$643,935,577$106,813,106$61,675,139$278,764,382
81$709,517,079$111,947,022$63,641,330$303,343,758
82$781,784,747$117,329,351$65,670,240$330,265,097
83$861,420,470$122,972,169$67,763,872$359,759,943
84$949,175,688$128,888,135$69,924,291$392,083,122
85$1,045,878,483$135,090,528$72,153,630$427,515,099
86$1,152,441,400$141,593,276$74,454,088$466,364,580
87$1,269,870,059$148,410,982$76,827,936$508,971,376
88$1,399,272,649$155,558,965$79,277,517$555,709,553
89$1,541,870,393$163,053,288$81,805,247$606,990,911
90$1,699,009,073$170,910,799$84,413,623$663,268,813
91$1,872,171,737$179,149,166$87,105,218$725,042,403
92$2,062,992,700$187,786,922$89,882,689$792,861,251
93$2,273,272,974$196,843,500$92,748,777$867,330,480
94$2,504,997,269$206,339,283$95,706,313$949,116,403
95$2,760,352,732$216,295,649$98,758,216$1,038,952,743
96$3,041,749,592$226,735,018$101,907,498$1,137,647,479
97$3,351,843,920$237,680,903$105,157,269$1,246,090,398
98$3,693,562,700$249,157,967$108,510,737$1,365,261,405
99$4,070,131,462$261,192,074$111,971,213$1,496,239,690
100$4,485,104,737$273,810,351$115,542,114$1,640,213,818