Can I retire at age 64 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%14.1%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,497,213
2 years$780,822$766,280$752,186$738,521$725,267$699,305
3 years$515,377$500,772$486,714$473,178$460,139$434,872
4 years$382,681$368,121$354,203$340,898$328,175$303,797
5 years$303,084$288,611$274,876$261,842$249,474$226,055
6 years$250,036$235,673$222,141$209,397$197,400$174,967
7 years$212,160$197,918$184,600$172,157$160,539$139,099
8 years$183,766$169,652$156,556$144,418$133,183$112,731
9 years$161,694$147,712$134,841$123,012$112,159$92,684
10 years$144,046$130,201$117,558$106,038$95,565$77,050
11 years$129,616$115,911$103,496$92,285$82,189$64,614
12 years$117,600$104,035$91,850$80,946$71,223$54,566
13 years$107,440$94,017$82,062$71,463$62,108$46,342
14 years$98,740$85,459$73,733$63,437$54,444$39,543
15 years$91,206$78,068$66,571$56,575$47,936$33,872
16 years$84,620$71,626$60,356$50,657$42,366$29,109
17 years$78,815$65,965$54,922$45,515$37,565$25,085
18 years$73,661$60,955$50,137$41,018$33,401$21,667
19 years$69,055$56,492$45,898$37,063$29,771$18,751
20 years$64,915$52,495$42,123$33,568$26,592$16,256
21 years$61,174$48,897$38,745$30,465$23,797$14,113
22 years$57,777$45,644$35,709$27,700$21,331$12,267
23 years$54,681$42,690$32,971$25,226$19,148$10,675
24 years$51,846$39,998$30,493$23,008$17,210$9,297
25 years$49,243$37,536$28,242$21,012$15,487$8,104
26 years$46,843$35,278$26,193$19,213$13,950$7,069
27 years$44,626$33,200$24,323$17,586$12,577$6,170
28 years$42,570$31,284$22,611$16,112$11,348$5,388
29 years$40,659$29,513$21,042$14,775$10,247$4,708
30 years$38,879$27,872$19,600$13,560$9,259$4,114
31 years$37,218$26,348$18,272$12,454$8,371$3,597
32 years$35,663$24,931$17,048$11,445$7,572$3,146
33 years$34,205$23,610$15,918$10,525$6,853$2,752
34 years$32,836$22,377$14,873$9,684$6,205$2,408
35 years$31,549$21,224$13,905$8,915$5,620$2,108
36 years$30,335$20,145$13,008$8,210$5,092$1,845
37 years$29,190$19,133$12,175$7,564$4,615$1,615
38 years$28,108$18,183$11,401$6,972$4,184$1,414
39 years$27,083$17,290$10,682$6,429$3,794$1,239
40 years$26,113$16,450$10,012$5,930$3,441$1,085
41 years$25,192$15,659$9,388$5,471$3,122$950
42 years$24,317$14,913$8,806$5,049$2,833$832
43 years$23,485$14,209$8,264$4,661$2,571$729
44 years$22,694$13,545$7,757$4,303$2,334$639
45 years$21,939$12,916$7,283$3,974$2,119$559
46 years$21,220$12,321$6,841$3,671$1,924$490
47 years$20,533$11,758$6,427$3,392$1,747$429
48 years$19,876$11,225$6,039$3,134$1,586$376
49 years$19,249$10,719$5,677$2,896$1,441$330
50 years$18,648$10,239$5,337$2,677$1,309$289

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 64 starting with $19,100,000, adding $5,047 every year, while hoping to spend $47,527 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: 72/20/8 Blend
63$19,100,000$19,100,000$19,100,000$19,100,000
64$21,053,406$20,041,106$19,745,056$22,541,312
65$23,150,285$20,972,552$20,355,947$24,455,778
66$25,459,453$21,948,046$20,985,710$26,544,828
67$28,002,513$22,969,695$21,634,927$28,830,754
68$30,803,270$24,039,711$22,304,198$31,332,957
69$33,887,956$25,160,410$22,994,141$34,072,788
70$37,285,477$26,334,219$23,705,394$37,073,743
71$41,027,685$27,563,685$24,438,614$40,361,685
72$45,149,679$28,851,476$25,194,478$43,965,079
73$49,690,138$30,200,390$25,973,684$47,915,257
74$54,691,681$31,613,359$26,776,953$52,246,713
75$60,201,277$33,093,458$27,605,025$56,997,417
76$66,270,679$34,643,909$28,458,665$62,209,174
77$72,956,920$36,268,092$29,338,662$67,928,009
78$80,322,846$37,969,549$30,245,828$74,204,598
79$88,437,713$39,751,994$31,180,999$81,094,740
80$97,377,838$41,619,319$32,145,040$88,659,875
81$107,227,318$43,575,606$33,138,840$96,967,661
82$118,078,829$45,625,136$34,163,316$106,092,604
83$130,034,496$47,772,393$35,219,413$116,116,752
84$143,206,856$50,022,083$36,308,105$127,130,467
85$157,719,926$52,379,135$37,430,397$139,233,265
86$173,710,367$54,848,722$38,587,324$152,534,749
87$191,328,778$57,436,263$39,779,953$167,155,636
88$210,741,116$60,147,441$41,009,384$183,228,887
89$232,130,261$62,988,217$42,276,749$200,900,950
90$255,697,746$65,964,838$43,583,219$220,333,137
91$281,665,655$69,083,855$44,929,996$241,703,133
92$310,278,723$72,352,135$46,318,322$265,206,665
93$341,806,645$75,776,881$47,749,478$291,059,335
94$376,546,618$79,365,644$49,224,781$319,498,646
95$414,826,153$83,126,341$50,745,591$350,786,231
96$457,006,162$87,067,272$52,313,309$385,210,311
97$503,484,365$91,197,144$53,929,380$423,088,398
98$554,699,048$95,525,081$55,595,292$464,770,284
99$611,133,196$100,060,655$57,312,579$510,641,324
100$673,319,054$104,813,899$59,082,823$561,126,059