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

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 $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%14.7%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,485,712
2 years$776,734$762,268$748,248$734,655$721,470$691,994
3 years$512,679$498,150$484,166$470,701$457,730$429,073
4 years$380,677$366,193$352,349$339,113$326,457$298,839
5 years$301,497$287,100$273,437$260,471$248,167$221,667
6 years$248,727$234,439$220,978$208,301$196,366$171,013
7 years$211,050$196,881$183,634$171,256$159,698$135,498
8 years$182,804$168,764$155,736$143,662$132,485$109,432
9 years$160,847$146,939$134,135$122,368$111,572$89,650
10 years$143,292$129,520$116,942$105,483$95,065$74,254
11 years$128,937$115,304$102,954$91,802$81,759$62,034
12 years$116,984$103,490$91,369$80,522$70,850$52,184
13 years$106,878$93,525$81,632$71,089$61,783$44,145
14 years$98,223$85,012$73,347$63,105$54,159$37,515
15 years$90,728$77,660$66,222$56,279$47,686$32,003
16 years$84,177$71,251$60,040$50,391$42,145$27,387
17 years$78,403$65,620$54,634$45,276$37,368$23,499
18 years$73,276$60,636$49,874$40,803$33,226$20,209
19 years$68,694$56,197$45,657$36,869$29,615$17,413
20 years$64,575$52,221$41,902$33,392$26,453$15,027
21 years$60,853$48,641$38,542$30,305$23,672$12,987
22 years$57,475$45,405$35,522$27,554$21,219$11,237
23 years$54,394$42,466$32,798$25,094$19,047$9,733
24 years$51,575$39,788$30,333$22,888$17,120$8,437
25 years$48,985$37,339$28,094$20,902$15,406$7,320
26 years$46,598$35,093$26,056$19,112$13,877$6,354
27 years$44,392$33,026$24,195$17,494$12,511$5,519
28 years$42,347$31,121$22,493$16,028$11,289$4,796
29 years$40,446$29,359$20,931$14,698$10,194$4,170
30 years$38,676$27,726$19,497$13,489$9,211$3,627
31 years$37,023$26,211$18,176$12,389$8,327$3,155
32 years$35,476$24,800$16,959$11,385$7,533$2,746
33 years$34,026$23,486$15,835$10,470$6,817$2,390
34 years$32,665$22,260$14,795$9,633$6,172$2,081
35 years$31,384$21,113$13,832$8,868$5,590$1,812
36 years$30,176$20,039$12,940$8,167$5,065$1,578
37 years$29,037$19,033$12,111$7,525$4,591$1,374
38 years$27,961$18,088$11,342$6,936$4,162$1,197
39 years$26,942$17,200$10,626$6,395$3,774$1,043
40 years$25,976$16,364$9,960$5,899$3,423$909
41 years$25,060$15,577$9,339$5,442$3,106$792
42 years$24,190$14,835$8,760$5,023$2,818$690
43 years$23,362$14,135$8,220$4,636$2,558$601
44 years$22,575$13,474$7,716$4,281$2,321$524
45 years$21,824$12,848$7,245$3,954$2,107$457
46 years$21,108$12,257$6,805$3,652$1,913$398
47 years$20,425$11,697$6,393$3,374$1,738$347
48 years$19,772$11,166$6,008$3,118$1,578$303
49 years$19,148$10,663$5,647$2,881$1,433$264
50 years$18,551$10,186$5,309$2,663$1,302$230

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 $3,026 every year, while hoping to spend $34,289 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: 40/43/17 Blend
56$19,000,000$19,000,000$19,000,000$19,000,000
57$20,941,121$19,934,121$19,639,621$21,672,903
58$23,040,632$20,874,410$20,261,065$23,134,364
59$25,353,145$21,859,624$20,902,179$24,710,837
60$27,900,347$22,891,927$21,563,584$26,415,571
61$30,706,142$23,973,591$22,245,923$28,260,238
62$33,796,867$25,106,995$22,949,860$30,257,637
63$37,201,544$26,294,635$23,676,077$32,421,809
64$40,952,157$27,539,127$24,425,281$34,768,154
65$45,083,948$28,843,215$25,198,198$37,313,573
66$49,635,753$30,209,776$25,995,581$40,076,616
67$54,650,370$31,641,825$26,818,203$43,077,644
68$60,174,959$33,142,525$27,666,864$46,339,012
69$66,261,488$34,715,193$28,542,387$49,885,268
70$72,967,227$36,363,304$29,445,625$53,743,375
71$80,355,285$38,090,506$30,377,453$57,942,950
72$88,495,204$39,900,621$31,338,778$62,516,531
73$97,463,620$41,797,657$32,330,533$67,499,871
74$107,344,986$43,785,819$33,353,682$72,932,263
75$118,232,363$45,869,512$34,409,218$78,856,890
76$130,228,305$48,053,359$35,498,168$85,321,224
77$143,445,825$50,342,207$36,621,590$92,377,453
78$158,009,460$52,741,136$37,780,574$100,082,956
79$174,056,449$55,255,476$38,976,248$108,500,830
80$191,738,027$57,890,815$40,209,772$117,700,465
81$211,220,852$60,653,011$41,482,346$127,758,177
82$232,688,581$63,548,210$42,795,206$138,757,910
83$256,343,598$66,582,854$44,149,627$150,792,007
84$282,408,931$69,763,700$45,546,926$163,962,057
85$311,130,355$73,097,834$46,988,461$178,379,833
86$342,778,709$76,592,686$48,475,632$194,168,318
87$377,652,456$80,256,046$50,009,885$211,462,843
88$416,080,500$84,096,087$51,592,710$230,412,338
89$458,425,291$88,121,375$53,225,645$251,180,704
90$505,086,245$92,340,896$54,910,279$273,948,337
91$556,503,516$96,764,074$56,648,247$298,913,794
92$613,162,151$101,400,790$58,441,239$326,295,639
93$675,596,667$106,261,405$60,290,997$356,334,468
94$744,396,101$111,356,788$62,199,320$389,295,146
95$820,209,568$116,698,335$64,168,062$425,469,269
96$903,752,387$122,297,998$66,199,135$465,177,877
97$995,812,840$128,168,309$68,294,516$508,774,447
98$1,097,259,607$134,322,413$70,456,239$556,648,177
99$1,209,049,971$140,774,095$72,686,407$609,227,628
100$1,332,238,853$147,537,811$74,987,187$666,984,709