Can I retire at age 57 with 19,100,000?

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 $19,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,474,897
2 years$780,822$766,280$752,186$738,521$725,267$677,180
3 years$515,377$500,772$486,714$473,178$460,139$413,637
4 years$382,681$368,121$354,203$340,898$328,175$283,614
5 years$303,084$288,611$274,876$261,842$249,474$206,973
6 years$250,036$235,673$222,141$209,397$197,400$156,996
7 years$212,160$197,918$184,600$172,157$160,539$122,229
8 years$183,766$169,652$156,556$144,418$133,183$96,940
9 years$161,694$147,712$134,841$123,012$112,159$77,943
10 years$144,046$130,201$117,558$106,038$95,565$63,325
11 years$129,616$115,911$103,496$92,285$82,189$51,866
12 years$117,600$104,035$91,850$80,946$71,223$42,752
13 years$107,440$94,017$82,062$71,463$62,108$35,421
14 years$98,740$85,459$73,733$63,437$54,444$29,468
15 years$91,206$78,068$66,571$56,575$47,936$24,598
16 years$84,620$71,626$60,356$50,657$42,366$20,590
17 years$78,815$65,965$54,922$45,515$37,565$17,274
18 years$73,661$60,955$50,137$41,018$33,401$14,519
19 years$69,055$56,492$45,898$37,063$29,771$12,223
20 years$64,915$52,495$42,123$33,568$26,592$10,304
21 years$61,174$48,897$38,745$30,465$23,797$8,695
22 years$57,777$45,644$35,709$27,700$21,331$7,345
23 years$54,681$42,690$32,971$25,226$19,148$6,209
24 years$51,846$39,998$30,493$23,008$17,210$5,252
25 years$49,243$37,536$28,242$21,012$15,487$4,445
26 years$46,843$35,278$26,193$19,213$13,950$3,763
27 years$44,626$33,200$24,323$17,586$12,577$3,188
28 years$42,570$31,284$22,611$16,112$11,348$2,701
29 years$40,659$29,513$21,042$14,775$10,247$2,289
30 years$38,879$27,872$19,600$13,560$9,259$1,941
31 years$37,218$26,348$18,272$12,454$8,371$1,646
32 years$35,663$24,931$17,048$11,445$7,572$1,396
33 years$34,205$23,610$15,918$10,525$6,853$1,184
34 years$32,836$22,377$14,873$9,684$6,205$1,004
35 years$31,549$21,224$13,905$8,915$5,620$852
36 years$30,335$20,145$13,008$8,210$5,092$723
37 years$29,190$19,133$12,175$7,564$4,615$614
38 years$28,108$18,183$11,401$6,972$4,184$521
39 years$27,083$17,290$10,682$6,429$3,794$442
40 years$26,113$16,450$10,012$5,930$3,441$375
41 years$25,192$15,659$9,388$5,471$3,122$318
42 years$24,317$14,913$8,806$5,049$2,833$270
43 years$23,485$14,209$8,264$4,661$2,571$229
44 years$22,694$13,545$7,757$4,303$2,334$195
45 years$21,939$12,916$7,283$3,974$2,119$165
46 years$21,220$12,321$6,841$3,671$1,924$140
47 years$20,533$11,758$6,427$3,392$1,747$119
48 years$19,876$11,225$6,039$3,134$1,586$101
49 years$19,249$10,719$5,677$2,896$1,441$86
50 years$18,648$10,239$5,337$2,677$1,309$73

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $19,100,000, adding $6,719 every year, while hoping to spend $46,303 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: 58/29/13 Blend
56$19,100,000$19,100,000$19,100,000$19,100,000
57$21,055,131$20,042,831$19,746,781$22,207,367
58$23,153,488$20,975,663$20,359,032$23,918,957
59$25,464,326$21,952,653$20,990,241$25,778,089
60$28,009,268$22,975,914$21,640,996$27,803,557
61$30,812,144$24,047,664$22,311,899$30,011,348
62$33,899,209$25,170,227$23,003,575$32,419,034
63$37,299,399$26,346,038$23,716,665$35,045,936
64$41,044,595$27,577,652$24,451,831$37,913,299
65$45,169,933$28,867,745$25,209,756$41,044,485
66$49,714,126$30,219,125$25,991,143$44,465,189
67$54,719,839$31,634,734$26,796,718$48,203,670
68$60,234,082$33,117,656$27,627,228$52,291,016
69$66,308,663$34,671,125$28,483,444$56,761,427
70$73,000,667$36,298,531$29,366,160$61,652,529
71$80,373,005$38,003,428$30,276,196$67,005,722
72$88,494,998$39,789,543$31,214,396$72,866,561
73$97,443,039$41,660,782$32,181,629$79,285,180
74$107,301,309$43,621,240$33,178,794$86,316,749
75$118,162,574$45,675,212$34,206,815$94,021,991
76$130,129,059$47,827,200$35,266,645$102,467,743
77$143,313,412$50,081,922$36,359,267$111,727,574
78$157,839,773$52,444,329$37,485,695$121,882,469
79$173,844,936$54,919,607$38,646,972$133,021,581
80$191,479,650$57,513,198$39,844,176$145,243,063
81$210,910,034$60,230,805$41,078,415$158,654,975
82$232,319,150$63,078,407$42,350,835$173,376,297
83$255,908,729$66,062,275$43,662,614$189,538,033
84$281,901,076$69,188,982$45,014,968$207,284,434
85$310,541,166$72,465,423$46,409,150$226,774,346
86$342,098,960$75,898,824$47,846,451$248,182,688
87$376,871,950$79,496,763$49,328,204$271,702,090
88$415,187,972$83,267,187$50,855,781$297,544,692
89$457,408,292$87,218,426$52,430,597$325,944,129
90$503,931,026$91,359,217$54,054,111$357,157,713
91$555,194,892$95,698,720$55,727,825$391,468,843
92$611,683,354$100,246,541$57,453,290$429,189,661
93$673,929,185$105,012,750$59,232,104$470,663,974
94$742,519,495$110,007,908$61,065,913$516,270,472
95$818,101,278$115,243,089$62,956,415$566,426,285
96$901,387,513$120,729,905$64,905,359$621,590,890
97$993,163,901$126,480,532$66,914,550$682,270,421
98$1,094,296,278$132,507,738$68,985,848$749,022,422
99$1,205,738,793$138,824,912$71,121,168$822,461,075
100$1,328,542,909$145,446,092$73,322,486$903,262,971