Can I retire at age 45 with 20,000,000?

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 $20,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$1,651,581$1,636,870$1,622,517$1,608,508$1,594,828$1,545,014
2 years$817,615$802,387$787,630$773,321$759,442$709,699
3 years$539,662$524,369$509,648$495,474$481,821$433,709
4 years$400,713$385,467$370,894$356,961$343,639$297,527
5 years$317,365$302,211$287,829$274,180$261,229$217,240
6 years$261,818$246,778$232,608$219,264$206,701$164,875
7 years$222,157$207,243$193,299$180,269$168,104$128,436
8 years$192,425$177,646$163,933$151,223$139,458$101,923
9 years$169,313$154,673$141,195$128,809$117,444$81,999
10 years$150,833$136,336$123,097$111,034$100,068$66,662
11 years$135,724$121,372$108,373$96,633$86,062$54,635
12 years$123,141$108,937$96,178$84,760$74,579$45,065
13 years$112,503$98,447$85,929$74,831$65,035$37,362
14 years$103,392$89,486$77,207$66,426$57,009$31,104
15 years$95,503$81,747$69,708$59,241$50,195$25,982
16 years$88,608$75,001$63,201$53,044$44,363$21,764
17 years$82,529$69,073$57,510$47,659$39,335$18,272
18 years$77,132$63,827$52,499$42,951$34,975$15,370
19 years$72,309$59,154$48,060$38,809$31,174$12,949
20 years$67,974$54,969$44,107$35,149$27,845$10,924
21 years$64,056$51,201$40,570$31,900$24,918$9,226
22 years$60,500$47,795$37,392$29,005$22,336$7,799
23 years$57,257$44,701$34,525$26,415$20,050$6,598
24 years$54,289$41,882$31,930$24,092$18,021$5,585
25 years$51,563$39,304$29,573$22,002$16,216$4,731
26 years$49,051$36,940$27,428$20,118$14,607$4,009
27 years$46,728$34,765$25,469$18,414$13,170$3,399
28 years$44,576$32,759$23,677$16,871$11,883$2,882
29 years$42,575$30,904$22,033$15,471$10,730$2,445
30 years$40,711$29,186$20,523$14,199$9,695$2,074
31 years$38,971$27,590$19,133$13,041$8,766$1,760
32 years$37,343$26,106$17,851$11,985$7,929$1,494
33 years$35,817$24,723$16,668$11,021$7,176$1,269
34 years$34,384$23,431$15,574$10,140$6,497$1,077
35 years$33,035$22,224$14,560$9,335$5,884$914
36 years$31,765$21,094$13,621$8,597$5,332$777
37 years$30,565$20,035$12,749$7,921$4,832$660
38 years$29,432$19,040$11,939$7,301$4,381$560
39 years$28,360$18,105$11,185$6,732$3,973$476
40 years$27,343$17,226$10,484$6,209$3,603$404
41 years$26,379$16,397$9,831$5,729$3,269$343
42 years$25,463$15,616$9,221$5,287$2,966$292
43 years$24,592$14,879$8,653$4,880$2,692$248
44 years$23,763$14,183$8,122$4,506$2,444$210
45 years$22,973$13,525$7,627$4,162$2,218$179
46 years$22,219$12,902$7,163$3,844$2,014$152
47 years$21,500$12,312$6,730$3,552$1,829$129
48 years$20,813$11,754$6,324$3,282$1,661$110
49 years$20,156$11,224$5,944$3,033$1,509$93
50 years$19,527$10,722$5,588$2,803$1,370$79

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $20,000,000, adding $6,180 every year, while hoping to spend $34,969 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: 57/28/15 Blend
44$20,000,000$20,000,000$20,000,000$20,000,000
45$22,046,375$20,986,375$20,676,375$23,217,193
46$24,257,898$21,977,500$21,331,826$25,002,415
47$26,693,825$23,016,019$22,008,064$26,942,475
48$29,377,007$24,104,216$22,705,746$29,055,766
49$32,332,628$25,244,488$23,425,554$31,358,914
50$35,588,435$26,439,347$24,168,189$33,870,196
51$39,175,007$27,691,427$24,934,376$36,609,707
52$43,126,041$29,003,491$25,724,861$39,599,539
53$47,478,669$30,378,434$26,540,416$42,863,987
54$52,273,809$31,819,293$27,381,835$46,429,769
55$57,556,552$33,329,252$28,249,940$50,326,269
56$63,376,584$34,911,649$29,145,578$54,585,811
57$69,788,662$36,569,986$30,069,621$59,243,953
58$76,853,123$38,307,933$31,022,970$64,339,813
59$84,636,459$40,129,339$32,006,557$69,916,432
60$93,211,940$42,038,240$33,021,340$76,021,169
61$102,660,312$44,038,867$34,068,309$82,706,139
62$113,070,552$46,135,659$35,148,484$90,028,695
63$124,540,710$48,333,269$36,262,921$98,051,956
64$137,178,840$50,636,576$37,412,706$106,845,396
65$151,104,010$53,050,697$38,598,960$116,485,484
66$166,447,435$55,580,997$39,822,841$127,056,397
67$183,353,710$58,233,103$41,085,543$138,650,799
68$201,982,177$61,012,913$42,388,297$151,370,703
69$222,508,429$63,926,616$43,732,375$165,328,420
70$245,125,967$66,980,698$45,119,088$180,647,604
71$270,048,026$70,181,963$46,549,788$197,464,406
72$297,509,591$73,537,546$48,025,872$215,928,740
73$327,769,610$77,054,926$49,548,780$236,205,685
74$361,113,444$80,741,951$51,119,998$258,477,019
75$397,855,556$84,606,847$52,741,058$282,942,926
76$438,342,482$88,658,242$54,413,543$309,823,858
77$482,956,103$92,905,184$56,139,084$339,362,600
78$532,117,247$97,357,160$57,919,366$371,826,540
79$586,289,667$102,024,121$59,756,125$407,510,170
80$645,984,412$106,916,502$61,651,154$446,737,845
81$711,764,657$112,045,245$63,606,303$489,866,818
82$784,251,016$117,421,827$65,623,478$537,290,589
83$864,127,405$123,058,281$67,704,650$589,442,592
84$952,147,493$128,967,230$69,851,848$646,800,260
85$1,049,141,821$135,161,908$72,067,169$709,889,501
86$1,156,025,643$141,656,197$74,352,775$779,289,635
87$1,273,807,562$148,464,654$76,710,896$855,638,829
88$1,403,599,056$155,602,546$79,143,835$939,640,088
89$1,546,624,972$163,085,882$81,653,965$1,032,067,856
90$1,704,235,083$170,931,455$84,243,737$1,133,775,295
91$1,877,916,838$179,156,873$86,915,679$1,245,702,293
92$2,069,309,401$187,780,604$89,672,399$1,368,884,303
93$2,280,219,123$196,822,018$92,516,588$1,504,462,076
94$2,512,636,603$206,301,425$95,451,022$1,653,692,381
95$2,768,755,471$216,240,130$98,478,567$1,817,959,828
96$3,050,993,108$226,660,475$101,602,177$1,998,789,890
97$3,362,013,457$237,585,891$104,824,903$2,197,863,254
98$3,704,752,183$249,040,952$108,149,889$2,417,031,631
99$4,082,444,378$261,051,432$111,580,384$2,658,335,190
100$4,498,655,114$273,644,361$115,119,736$2,924,021,751