Can I retire at age 65 with 19,000,000?

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 $19,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,496,775
2 years$776,734$762,268$748,248$734,655$721,470$703,041
3 years$512,679$498,150$484,166$470,701$457,730$439,757
4 years$380,677$366,193$352,349$339,113$326,457$309,078
5 years$301,497$287,100$273,437$260,471$248,167$231,433
6 years$248,727$234,439$220,978$208,301$196,366$180,297
7 years$211,050$196,881$183,634$171,256$159,698$144,300
8 years$182,804$168,764$155,736$143,662$132,485$117,757
9 years$160,847$146,939$134,135$122,368$111,572$97,507
10 years$143,292$129,520$116,942$105,483$95,065$81,654
11 years$128,937$115,304$102,954$91,802$81,759$68,991
12 years$116,984$103,490$91,369$80,522$70,850$58,711
13 years$106,878$93,525$81,632$71,089$61,783$50,257
14 years$98,223$85,012$73,347$63,105$54,159$43,229
15 years$90,728$77,660$66,222$56,279$47,686$37,334
16 years$84,177$71,251$60,040$50,391$42,145$32,354
17 years$78,403$65,620$54,634$45,276$37,368$28,119
18 years$73,276$60,636$49,874$40,803$33,226$24,498
19 years$68,694$56,197$45,657$36,869$29,615$21,389
20 years$64,575$52,221$41,902$33,392$26,453$18,708
21 years$60,853$48,641$38,542$30,305$23,672$16,389
22 years$57,475$45,405$35,522$27,554$21,219$14,377
23 years$54,394$42,466$32,798$25,094$19,047$12,627
24 years$51,575$39,788$30,333$22,888$17,120$11,101
25 years$48,985$37,339$28,094$20,902$15,406$9,769
26 years$46,598$35,093$26,056$19,112$13,877$8,603
27 years$44,392$33,026$24,195$17,494$12,511$7,581
28 years$42,347$31,121$22,493$16,028$11,289$6,685
29 years$40,446$29,359$20,931$14,698$10,194$5,898
30 years$38,676$27,726$19,497$13,489$9,211$5,206
31 years$37,023$26,211$18,176$12,389$8,327$4,597
32 years$35,476$24,800$16,959$11,385$7,533$4,060
33 years$34,026$23,486$15,835$10,470$6,817$3,588
34 years$32,665$22,260$14,795$9,633$6,172$3,171
35 years$31,384$21,113$13,832$8,868$5,590$2,804
36 years$30,176$20,039$12,940$8,167$5,065$2,479
37 years$29,037$19,033$12,111$7,525$4,591$2,193
38 years$27,961$18,088$11,342$6,936$4,162$1,940
39 years$26,942$17,200$10,626$6,395$3,774$1,716
40 years$25,976$16,364$9,960$5,899$3,423$1,518
41 years$25,060$15,577$9,339$5,442$3,106$1,344
42 years$24,190$14,835$8,760$5,023$2,818$1,189
43 years$23,362$14,135$8,220$4,636$2,558$1,053
44 years$22,575$13,474$7,716$4,281$2,321$932
45 years$21,824$12,848$7,245$3,954$2,107$825
46 years$21,108$12,257$6,805$3,652$1,913$730
47 years$20,425$11,697$6,393$3,374$1,738$647
48 years$19,772$11,166$6,008$3,118$1,578$572
49 years$19,148$10,663$5,647$2,881$1,433$507
50 years$18,551$10,186$5,309$2,663$1,302$449

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $19,000,000, adding $5,154 every year, while hoping to spend $32,925 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: 35/46/19 Blend
64$19,000,000$19,000,000$19,000,000$19,000,000
65$20,943,316$19,936,316$19,641,816$21,554,529
66$23,044,503$20,878,164$20,264,785$22,944,372
67$25,358,906$21,865,058$20,907,520$24,439,535
68$27,908,241$22,899,173$21,570,648$26,052,104
69$30,716,434$23,982,784$22,254,817$27,792,532
70$33,809,851$25,118,282$22,960,695$29,672,274
71$37,217,548$26,308,169$23,688,970$31,703,880
72$40,971,541$27,555,073$24,440,353$33,901,104
73$45,107,112$28,861,745$25,215,579$36,279,029
74$49,663,141$30,231,074$26,015,404$38,854,191
75$54,682,470$31,666,085$26,840,609$41,644,729
76$60,212,311$33,169,953$27,691,999$44,670,543
77$66,304,692$34,746,006$28,570,406$47,953,469
78$73,016,944$36,397,733$29,476,688$51,517,471
79$80,412,244$38,128,794$30,411,728$55,388,857
80$88,560,213$39,943,025$31,376,442$59,596,510
81$97,537,572$41,844,450$32,371,769$64,172,149
82$107,428,864$43,837,288$33,398,683$69,150,608
83$118,327,255$45,925,962$34,458,187$74,570,153
84$130,335,413$48,115,112$35,551,313$80,472,824
85$143,566,474$50,409,602$36,679,131$86,904,816
86$158,145,114$52,814,532$37,842,742$93,916,893
87$174,208,724$55,335,252$39,043,282$101,564,852
88$191,908,705$57,977,371$40,281,923$109,910,026
89$211,411,901$60,746,770$41,559,876$119,019,840
90$232,902,171$63,649,618$42,878,388$128,968,433
91$256,582,125$66,692,383$44,238,747$139,837,324
92$282,675,039$69,881,846$45,642,282$151,716,165
93$311,426,959$73,225,122$47,090,364$164,703,557
94$343,109,025$76,729,670$48,584,407$178,907,956
95$378,020,032$80,403,310$50,125,871$194,448,669
96$416,489,249$84,254,246$51,716,262$211,456,949
97$458,879,528$88,291,079$53,357,132$230,077,204
98$505,590,729$92,522,832$55,050,086$250,468,328
99$557,063,496$96,958,963$56,796,776$272,805,166
100$613,783,414$101,609,394$58,598,910$297,280,131