Can I retire at age 63 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%17.6%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,468,352
2 years$776,734$762,268$748,248$734,655$721,470$674,794
3 years$512,679$498,150$484,166$470,701$457,730$412,577
4 years$380,677$366,193$352,349$339,113$326,457$283,173
5 years$301,497$287,100$273,437$260,471$248,167$206,869
6 years$248,727$234,439$220,978$208,301$196,366$157,090
7 years$211,050$196,881$183,634$171,256$159,698$122,441
8 years$182,804$168,764$155,736$143,662$132,485$97,223
9 years$160,847$146,939$134,135$122,368$111,572$78,266
10 years$143,292$129,520$116,942$105,483$95,065$63,667
11 years$128,937$115,304$102,954$91,802$81,759$52,213
12 years$116,984$103,490$91,369$80,522$70,850$43,096
13 years$106,878$93,525$81,632$71,089$61,783$35,754
14 years$98,223$85,012$73,347$63,105$54,159$29,786
15 years$90,728$77,660$66,222$56,279$47,686$24,899
16 years$84,177$71,251$60,040$50,391$42,145$20,872
17 years$78,403$65,620$54,634$45,276$37,368$17,536
18 years$73,276$60,636$49,874$40,803$33,226$14,762
19 years$68,694$56,197$45,657$36,869$29,615$12,446
20 years$64,575$52,221$41,902$33,392$26,453$10,508
21 years$60,853$48,641$38,542$30,305$23,672$8,881
22 years$57,475$45,405$35,522$27,554$21,219$7,513
23 years$54,394$42,466$32,798$25,094$19,047$6,361
24 years$51,575$39,788$30,333$22,888$17,120$5,389
25 years$48,985$37,339$28,094$20,902$15,406$4,568
26 years$46,598$35,093$26,056$19,112$13,877$3,874
27 years$44,392$33,026$24,195$17,494$12,511$3,287
28 years$42,347$31,121$22,493$16,028$11,289$2,790
29 years$40,446$29,359$20,931$14,698$10,194$2,369
30 years$38,676$27,726$19,497$13,489$9,211$2,011
31 years$37,023$26,211$18,176$12,389$8,327$1,708
32 years$35,476$24,800$16,959$11,385$7,533$1,451
33 years$34,026$23,486$15,835$10,470$6,817$1,233
34 years$32,665$22,260$14,795$9,633$6,172$1,048
35 years$31,384$21,113$13,832$8,868$5,590$890
36 years$30,176$20,039$12,940$8,167$5,065$757
37 years$29,037$19,033$12,111$7,525$4,591$643
38 years$27,961$18,088$11,342$6,936$4,162$547
39 years$26,942$17,200$10,626$6,395$3,774$465
40 years$25,976$16,364$9,960$5,899$3,423$395
41 years$25,060$15,577$9,339$5,442$3,106$336
42 years$24,190$14,835$8,760$5,023$2,818$286
43 years$23,362$14,135$8,220$4,636$2,558$243
44 years$22,575$13,474$7,716$4,281$2,321$206
45 years$21,824$12,848$7,245$3,954$2,107$176
46 years$21,108$12,257$6,805$3,652$1,913$149
47 years$20,425$11,697$6,393$3,374$1,738$127
48 years$19,772$11,166$6,008$3,118$1,578$108
49 years$19,148$10,663$5,647$2,881$1,433$92
50 years$18,551$10,186$5,309$2,663$1,302$78

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 63 starting with $19,000,000, adding $3,005 every year, while hoping to spend $52,365 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: 56/25/19 Blend
62$19,000,000$19,000,000$19,000,000$19,000,000
63$20,941,100$19,934,100$19,639,600$22,007,184
64$23,021,376$20,855,155$20,241,810$23,655,218
65$25,312,085$21,819,586$20,862,440$25,443,786
66$27,834,637$22,829,465$21,502,050$27,391,078
67$30,612,621$23,886,960$22,161,220$29,512,335
68$33,672,033$24,994,346$22,840,546$31,824,313
69$37,041,519$26,154,007$23,540,643$34,345,436
70$40,752,643$27,368,442$24,262,143$37,095,963
71$44,840,187$28,640,271$25,005,700$40,098,174
72$49,342,480$29,972,238$25,771,985$43,376,575
73$54,301,758$31,367,223$26,561,691$46,958,120
74$59,764,562$32,828,241$27,375,533$50,872,463
75$65,782,179$34,358,457$28,214,245$55,152,229
76$72,411,124$35,961,184$29,078,585$59,833,312
77$79,713,676$37,639,899$29,969,334$64,955,210
78$87,758,461$39,398,244$30,887,297$70,561,389
79$96,621,104$41,240,038$31,833,302$76,699,681
80$106,384,943$43,169,286$32,808,204$83,422,735
81$117,141,811$45,190,185$33,812,882$90,788,496
82$128,992,905$47,307,134$34,848,243$98,860,747
83$142,049,744$49,524,746$35,915,222$107,709,702
84$156,435,217$51,847,857$37,014,781$117,412,655
85$172,284,745$54,281,538$38,147,912$128,054,703
86$189,747,558$56,831,102$39,315,636$139,729,533
87$208,988,106$59,502,123$40,519,007$152,540,298
88$230,187,608$62,300,443$41,759,109$166,600,578
89$253,545,765$65,232,185$43,037,060$182,035,438
90$279,282,643$68,303,773$44,354,011$198,982,595
91$307,640,751$71,521,937$45,711,150$217,593,707
92$338,887,333$74,893,736$47,109,698$238,035,785
93$373,316,882$78,426,571$48,550,915$260,492,756
94$411,253,932$82,128,201$50,036,098$285,167,185
95$453,056,111$86,006,761$51,566,585$312,282,169
96$499,117,522$90,070,779$53,143,754$342,083,424
97$549,872,462$94,329,200$54,769,022$374,841,588
98$605,799,522$98,791,400$56,443,853$410,854,755
99$667,426,104$103,467,209$58,169,753$450,451,270
100$735,333,401$108,366,937$59,948,274$493,992,808