Can I retire at age 63 with 19,100,000?

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 $19,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,500,300
2 years$780,822$766,280$752,186$738,521$725,267$702,388
3 years$515,377$500,772$486,714$473,178$460,139$437,853
4 years$382,681$368,121$354,203$340,898$328,175$306,653
5 years$303,084$288,611$274,876$261,842$249,474$228,778
6 years$250,036$235,673$222,141$209,397$197,400$177,556
7 years$212,160$197,918$184,600$172,157$160,539$141,552
8 years$183,766$169,652$156,556$144,418$133,183$115,050
9 years$161,694$147,712$134,841$123,012$112,159$94,873
10 years$144,046$130,201$117,558$106,038$95,565$79,111
11 years$129,616$115,911$103,496$92,285$82,189$66,551
12 years$117,600$104,035$91,850$80,946$71,223$56,382
13 years$107,440$94,017$82,062$71,463$62,108$48,043
14 years$98,740$85,459$73,733$63,437$54,444$41,132
15 years$91,206$78,068$66,571$56,575$47,936$35,354
16 years$84,620$71,626$60,356$50,657$42,366$30,489
17 years$78,815$65,965$54,922$45,515$37,565$26,367
18 years$73,661$60,955$50,137$41,018$33,401$22,857
19 years$69,055$56,492$45,898$37,063$29,771$19,854
20 years$64,915$52,495$42,123$33,568$26,592$17,276
21 years$61,174$48,897$38,745$30,465$23,797$15,055
22 years$57,777$45,644$35,709$27,700$21,331$13,137
23 years$54,681$42,690$32,971$25,226$19,148$11,476
24 years$51,846$39,998$30,493$23,008$17,210$10,034
25 years$49,243$37,536$28,242$21,012$15,487$8,781
26 years$46,843$35,278$26,193$19,213$13,950$7,690
27 years$44,626$33,200$24,323$17,586$12,577$6,739
28 years$42,570$31,284$22,611$16,112$11,348$5,909
29 years$40,659$29,513$21,042$14,775$10,247$5,184
30 years$38,879$27,872$19,600$13,560$9,259$4,549
31 years$37,218$26,348$18,272$12,454$8,371$3,994
32 years$35,663$24,931$17,048$11,445$7,572$3,508
33 years$34,205$23,610$15,918$10,525$6,853$3,081
34 years$32,836$22,377$14,873$9,684$6,205$2,708
35 years$31,549$21,224$13,905$8,915$5,620$2,380
36 years$30,335$20,145$13,008$8,210$5,092$2,092
37 years$29,190$19,133$12,175$7,564$4,615$1,839
38 years$28,108$18,183$11,401$6,972$4,184$1,617
39 years$27,083$17,290$10,682$6,429$3,794$1,422
40 years$26,113$16,450$10,012$5,930$3,441$1,251
41 years$25,192$15,659$9,388$5,471$3,122$1,100
42 years$24,317$14,913$8,806$5,049$2,833$968
43 years$23,485$14,209$8,264$4,661$2,571$852
44 years$22,694$13,545$7,757$4,303$2,334$749
45 years$21,939$12,916$7,283$3,974$2,119$659
46 years$21,220$12,321$6,841$3,671$1,924$580
47 years$20,533$11,758$6,427$3,392$1,747$511
48 years$19,876$11,225$6,039$3,134$1,586$449
49 years$19,249$10,719$5,677$2,896$1,441$395
50 years$18,648$10,239$5,337$2,677$1,309$348

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 63 starting with $19,100,000, adding $3,439 every year, while hoping to spend $48,782 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: 65/13/22 Blend
62$19,100,000$19,100,000$19,100,000$19,100,000
63$21,051,747$20,039,447$19,743,397$22,300,918
64$23,147,122$20,969,477$20,352,897$24,071,684
65$25,454,590$21,943,442$20,981,181$26,000,326
66$27,995,733$22,963,446$21,628,825$28,107,035
67$30,794,333$24,031,690$22,296,426$30,409,280
68$33,876,596$25,150,484$22,984,598$32,926,288
69$37,271,398$26,322,247$23,693,972$35,679,217
70$41,010,562$27,549,518$24,425,200$38,691,355
71$45,129,151$28,834,956$25,178,956$41,988,334
72$49,665,804$30,181,349$25,955,931$45,598,370
73$54,663,101$31,591,620$26,756,839$49,552,523
74$60,167,960$33,068,833$27,582,417$53,884,986
75$66,232,086$34,616,199$28,433,422$58,633,405
76$72,912,453$36,237,087$29,310,635$63,839,228
77$80,271,845$37,935,026$30,214,864$69,548,093
78$88,379,448$39,713,718$31,146,937$75,810,251
79$97,311,503$41,577,041$32,107,710$82,681,036
80$107,152,024$43,529,064$33,098,066$90,221,384
81$117,993,593$45,574,050$34,118,914$98,498,400
82$129,938,232$47,716,471$35,171,190$107,585,984
83$143,098,367$49,961,013$36,255,860$117,565,527
84$157,597,888$52,312,590$37,373,919$128,526,668
85$173,573,320$54,776,355$38,526,392$140,568,135
86$191,175,110$57,357,708$39,714,338$153,798,670
87$210,569,048$60,062,313$40,938,846$168,338,050
88$231,937,832$62,896,106$42,201,037$184,318,206
89$255,482,789$65,865,314$43,502,071$201,884,461
90$281,425,782$68,976,463$44,843,139$221,196,897
91$310,011,299$72,236,397$46,225,471$242,431,854
92$341,508,761$75,652,290$47,650,333$265,783,585
93$376,215,067$79,231,665$49,119,033$291,466,082
94$414,457,399$82,982,411$50,632,914$319,715,085
95$456,596,302$86,912,798$52,193,366$350,790,300
96$503,029,097$91,031,497$53,801,816$384,977,834
97$554,193,627$95,347,602$55,459,738$422,592,889
98$610,572,388$99,870,646$57,168,651$463,982,723
99$672,697,090$104,610,627$58,930,120$509,529,919
100$741,153,671$109,578,025$60,745,756$559,655,981