Can I retire at age 59 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%11.9%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,510,931
2 years$780,822$766,280$752,186$738,521$725,267$713,039
3 years$515,377$500,772$486,714$473,178$460,139$448,193
4 years$382,681$368,121$354,203$340,898$328,175$316,602
5 years$303,084$288,611$274,876$261,842$249,474$238,308
6 years$250,036$235,673$222,141$209,397$197,400$186,656
7 years$212,160$197,918$184,600$172,157$160,539$150,222
8 years$183,766$169,652$156,556$144,418$133,183$123,292
9 years$161,694$147,712$134,841$123,012$112,159$102,692
10 years$144,046$130,201$117,558$106,038$95,565$86,516
11 years$129,616$115,911$103,496$92,285$82,189$73,552
12 years$117,600$104,035$91,850$80,946$71,223$62,990
13 years$107,440$94,017$82,062$71,463$62,108$54,269
14 years$98,740$85,459$73,733$63,437$54,444$46,990
15 years$91,206$78,068$66,571$56,575$47,936$40,857
16 years$84,620$71,626$60,356$50,657$42,366$35,651
17 years$78,815$65,965$54,922$45,515$37,565$31,202
18 years$73,661$60,955$50,137$41,018$33,401$27,378
19 years$69,055$56,492$45,898$37,063$29,771$24,077
20 years$64,915$52,495$42,123$33,568$26,592$21,214
21 years$61,174$48,897$38,745$30,465$23,797$18,723
22 years$57,777$45,644$35,709$27,700$21,331$16,549
23 years$54,681$42,690$32,971$25,226$19,148$14,646
24 years$51,846$39,998$30,493$23,008$17,210$12,976
25 years$49,243$37,536$28,242$21,012$15,487$11,508
26 years$46,843$35,278$26,193$19,213$13,950$10,214
27 years$44,626$33,200$24,323$17,586$12,577$9,073
28 years$42,570$31,284$22,611$16,112$11,348$8,065
29 years$40,659$29,513$21,042$14,775$10,247$7,173
30 years$38,879$27,872$19,600$13,560$9,259$6,383
31 years$37,218$26,348$18,272$12,454$8,371$5,683
32 years$35,663$24,931$17,048$11,445$7,572$5,062
33 years$34,205$23,610$15,918$10,525$6,853$4,510
34 years$32,836$22,377$14,873$9,684$6,205$4,019
35 years$31,549$21,224$13,905$8,915$5,620$3,584
36 years$30,335$20,145$13,008$8,210$5,092$3,196
37 years$29,190$19,133$12,175$7,564$4,615$2,850
38 years$28,108$18,183$11,401$6,972$4,184$2,543
39 years$27,083$17,290$10,682$6,429$3,794$2,269
40 years$26,113$16,450$10,012$5,930$3,441$2,025
41 years$25,192$15,659$9,388$5,471$3,122$1,808
42 years$24,317$14,913$8,806$5,049$2,833$1,614
43 years$23,485$14,209$8,264$4,661$2,571$1,441
44 years$22,694$13,545$7,757$4,303$2,334$1,286
45 years$21,939$12,916$7,283$3,974$2,119$1,149
46 years$21,220$12,321$6,841$3,671$1,924$1,026
47 years$20,533$11,758$6,427$3,392$1,747$916
48 years$19,876$11,225$6,039$3,134$1,586$818
49 years$19,249$10,719$5,677$2,896$1,441$731
50 years$18,648$10,239$5,337$2,677$1,309$653

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $19,100,000, adding $2,021 every year, while hoping to spend $22,576 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: 56/16/28 Blend
58$19,100,000$19,100,000$19,100,000$19,100,000
59$21,050,285$20,037,985$19,741,935$22,066,493
60$23,173,393$20,995,825$20,379,269$23,723,842
61$25,512,302$21,999,843$21,037,197$25,526,191
62$28,088,999$23,052,278$21,716,385$27,489,565
63$30,927,714$24,155,477$22,417,521$29,629,508
64$34,055,147$25,311,902$23,141,315$31,963,117
65$37,500,722$26,524,135$23,888,499$34,509,196
66$41,296,862$27,794,884$24,659,830$37,288,426
67$45,479,297$29,126,988$25,456,090$40,323,560
68$50,087,401$30,523,426$26,278,084$43,639,629
69$55,164,561$31,987,319$27,126,645$47,264,175
70$60,758,591$33,521,942$28,002,632$51,227,501
71$66,922,181$35,130,731$28,906,934$55,562,958
72$73,713,392$36,817,286$29,840,465$60,307,246
73$81,196,209$38,585,384$30,804,172$65,500,759
74$89,441,141$40,438,986$31,799,030$71,187,956
75$98,525,888$42,382,247$32,826,048$77,417,778
76$108,536,075$44,419,523$33,886,267$84,244,096
77$119,566,057$46,555,383$34,980,759$91,726,218
78$131,719,816$48,794,618$36,110,636$99,929,438
79$145,111,936$51,142,253$37,277,041$108,925,643
80$159,868,688$53,603,558$38,481,157$118,793,983
81$176,129,222$56,184,060$39,724,203$129,621,613
82$194,046,879$58,889,555$41,007,440$141,504,499
83$213,790,640$61,726,123$42,332,169$154,548,320
84$235,546,721$64,700,138$43,699,732$168,869,451
85$259,520,329$67,818,287$45,111,516$184,596,055
86$285,937,602$71,087,583$46,568,951$201,869,276
87$315,047,743$74,515,380$48,073,516$220,844,564
88$347,125,369$78,109,390$49,626,735$241,693,128
89$382,473,111$81,877,704$51,230,185$264,603,540
90$421,424,462$85,828,805$52,885,490$289,783,501
91$464,346,932$89,971,591$54,594,329$317,461,788
92$511,645,515$94,315,396$56,358,435$347,890,398
93$563,766,512$98,870,005$58,179,597$381,346,913
94$621,201,746$103,645,684$60,059,663$418,137,104
95$684,493,201$108,653,200$62,000,539$458,597,801
96$754,238,145$113,903,844$64,004,194$503,100,052
97$831,094,761$119,409,458$66,072,660$552,052,614
98$915,788,369$125,182,464$68,208,036$605,905,787
99$1,009,118,266$131,235,888$70,412,489$665,155,647
100$1,111,965,276$137,583,393$72,688,254$730,348,709