Can I retire at age 57 with 19,000,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $19,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,465,415
2 years$776,734$762,268$748,248$734,655$721,470$671,900
3 years$512,679$498,150$484,166$470,701$457,730$409,819
4 years$380,677$366,193$352,349$339,113$326,457$280,571
5 years$301,497$287,100$273,437$260,471$248,167$204,429
6 years$248,727$234,439$220,978$208,301$196,366$154,812
7 years$211,050$196,881$183,634$171,256$159,698$120,322
8 years$182,804$168,764$155,736$143,662$132,485$95,259
9 years$160,847$146,939$134,135$122,368$111,572$76,451
10 years$143,292$129,520$116,942$105,483$95,065$61,996
11 years$128,937$115,304$102,954$91,802$81,759$50,679
12 years$116,984$103,490$91,369$80,522$70,850$41,691
13 years$106,878$93,525$81,632$71,089$61,783$34,471
14 years$98,223$85,012$73,347$63,105$54,159$28,618
15 years$90,728$77,660$66,222$56,279$47,686$23,838
16 years$84,177$71,251$60,040$50,391$42,145$19,910
17 years$78,403$65,620$54,634$45,276$37,368$16,667
18 years$73,276$60,636$49,874$40,803$33,226$13,978
19 years$68,694$56,197$45,657$36,869$29,615$11,741
20 years$64,575$52,221$41,902$33,392$26,453$9,875
21 years$60,853$48,641$38,542$30,305$23,672$8,314
22 years$57,475$45,405$35,522$27,554$21,219$7,006
23 years$54,394$42,466$32,798$25,094$19,047$5,908
24 years$51,575$39,788$30,333$22,888$17,120$4,986
25 years$48,985$37,339$28,094$20,902$15,406$4,209
26 years$46,598$35,093$26,056$19,112$13,877$3,556
27 years$44,392$33,026$24,195$17,494$12,511$3,005
28 years$42,347$31,121$22,493$16,028$11,289$2,540
29 years$40,446$29,359$20,931$14,698$10,194$2,147
30 years$38,676$27,726$19,497$13,489$9,211$1,816
31 years$37,023$26,211$18,176$12,389$8,327$1,536
32 years$35,476$24,800$16,959$11,385$7,533$1,299
33 years$34,026$23,486$15,835$10,470$6,817$1,099
34 years$32,665$22,260$14,795$9,633$6,172$930
35 years$31,384$21,113$13,832$8,868$5,590$787
36 years$30,176$20,039$12,940$8,167$5,065$666
37 years$29,037$19,033$12,111$7,525$4,591$564
38 years$27,961$18,088$11,342$6,936$4,162$477
39 years$26,942$17,200$10,626$6,395$3,774$404
40 years$25,976$16,364$9,960$5,899$3,423$342
41 years$25,060$15,577$9,339$5,442$3,106$290
42 years$24,190$14,835$8,760$5,023$2,818$245
43 years$23,362$14,135$8,220$4,636$2,558$208
44 years$22,575$13,474$7,716$4,281$2,321$176
45 years$21,824$12,848$7,245$3,954$2,107$149
46 years$21,108$12,257$6,805$3,652$1,913$126
47 years$20,425$11,697$6,393$3,374$1,738$107
48 years$19,772$11,166$6,008$3,118$1,578$90
49 years$19,148$10,663$5,647$2,881$1,433$76
50 years$18,551$10,186$5,309$2,663$1,302$65

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $19,000,000, adding $2,405 every year, while hoping to spend $56,224 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: 65/23/12 Blend
56$19,000,000$19,000,000$19,000,000$19,000,000
57$20,940,481$19,933,481$19,638,981$22,244,441
58$23,016,588$20,850,399$20,237,065$24,032,039
59$25,302,574$21,810,363$20,853,300$25,977,681
60$27,819,786$22,815,420$21,488,236$28,102,153
61$30,591,749$23,867,721$22,142,436$30,422,897
62$33,644,384$24,969,516$22,816,485$32,959,094
63$37,006,255$26,123,166$23,510,981$35,731,848
64$40,708,836$27,331,144$24,226,542$38,764,380
65$44,786,811$28,596,044$24,963,804$42,082,235
66$49,278,398$29,920,582$25,723,424$45,713,529
67$54,225,711$31,307,607$26,506,075$49,689,199
68$59,675,160$32,760,106$27,312,455$54,043,294
69$65,677,882$34,281,207$28,143,278$58,813,289
70$72,290,232$35,874,192$28,999,284$64,040,432
71$79,574,307$37,542,499$29,881,231$69,770,130
72$87,598,538$39,289,733$30,789,904$76,052,366
73$96,438,332$41,119,673$31,726,109$82,942,165
74$106,176,784$43,036,279$32,690,675$90,500,108
75$116,905,462$45,043,704$33,684,460$98,792,893
76$128,725,274$47,146,299$34,708,343$107,893,960
77$141,747,413$49,348,629$35,763,234$117,884,170
78$156,094,413$51,655,476$36,850,067$128,852,566
79$171,901,303$54,071,854$37,969,804$140,897,197
80$189,316,882$56,603,021$39,123,438$154,126,039
81$208,505,122$59,254,487$40,311,991$168,658,003
82$229,646,717$62,032,029$41,536,515$184,624,044
83$252,940,787$64,941,704$42,798,094$202,168,388
84$278,606,761$67,989,861$44,097,844$221,449,883
85$306,886,444$71,183,158$45,436,915$242,643,483
86$338,046,301$74,528,572$46,816,491$265,941,887
87$372,379,973$78,033,421$48,237,792$291,557,347
88$410,211,047$81,705,375$49,702,075$319,723,656
89$451,896,112$85,552,478$51,210,634$350,698,340
90$497,828,126$89,583,160$52,764,800$384,765,074
91$548,440,122$93,806,261$54,365,948$422,236,343
92$604,209,297$98,231,050$56,015,490$463,456,376
93$665,661,519$102,867,245$57,714,882$508,804,378
94$733,376,288$107,725,035$59,465,625$558,698,088
95$807,992,208$112,815,100$61,269,262$613,597,708
96$890,213,016$118,148,642$63,127,385$674,010,225
97$980,814,222$123,737,405$65,041,631$740,494,174
98$1,080,650,435$129,593,700$67,013,688$813,664,892
99$1,190,663,426$135,730,438$69,045,293$894,200,300
100$1,311,891,022$142,161,156$71,138,237$982,847,281