Can I retire at age 65 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%20%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,454,400
2 years$776,734$762,268$748,248$734,655$721,470$661,091
3 years$512,679$498,150$484,166$470,701$457,730$399,560
4 years$380,677$366,193$352,349$339,113$326,457$270,939
5 years$301,497$287,100$273,437$260,471$248,167$195,442
6 years$248,727$234,439$220,978$208,301$196,366$146,466
7 years$211,050$196,881$183,634$171,256$159,698$112,605
8 years$182,804$168,764$155,736$143,662$132,485$88,150
9 years$160,847$146,939$134,135$122,368$111,572$69,927
10 years$143,292$129,520$116,942$105,483$95,065$56,027
11 years$128,937$115,304$102,954$91,802$81,759$45,237
12 years$116,984$103,490$91,369$80,522$70,850$36,745
13 years$106,878$93,525$81,632$71,089$61,783$29,990
14 years$98,223$85,012$73,347$63,105$54,159$24,569
15 years$90,728$77,660$66,222$56,279$47,686$20,190
16 years$84,177$71,251$60,040$50,391$42,145$16,633
17 years$78,403$65,620$54,634$45,276$37,368$13,730
18 years$73,276$60,636$49,874$40,803$33,226$11,352
19 years$68,694$56,197$45,657$36,869$29,615$9,399
20 years$64,575$52,221$41,902$33,392$26,453$7,791
21 years$60,853$48,641$38,542$30,305$23,672$6,463
22 years$57,475$45,405$35,522$27,554$21,219$5,366
23 years$54,394$42,466$32,798$25,094$19,047$4,458
24 years$51,575$39,788$30,333$22,888$17,120$3,706
25 years$48,985$37,339$28,094$20,902$15,406$3,081
26 years$46,598$35,093$26,056$19,112$13,877$2,563
27 years$44,392$33,026$24,195$17,494$12,511$2,133
28 years$42,347$31,121$22,493$16,028$11,289$1,775
29 years$40,446$29,359$20,931$14,698$10,194$1,478
30 years$38,676$27,726$19,497$13,489$9,211$1,231
31 years$37,023$26,211$18,176$12,389$8,327$1,025
32 years$35,476$24,800$16,959$11,385$7,533$853
33 years$34,026$23,486$15,835$10,470$6,817$711
34 years$32,665$22,260$14,795$9,633$6,172$592
35 years$31,384$21,113$13,832$8,868$5,590$493
36 years$30,176$20,039$12,940$8,167$5,065$411
37 years$29,037$19,033$12,111$7,525$4,591$342
38 years$27,961$18,088$11,342$6,936$4,162$285
39 years$26,942$17,200$10,626$6,395$3,774$238
40 years$25,976$16,364$9,960$5,899$3,423$198
41 years$25,060$15,577$9,339$5,442$3,106$165
42 years$24,190$14,835$8,760$5,023$2,818$138
43 years$23,362$14,135$8,220$4,636$2,558$115
44 years$22,575$13,474$7,716$4,281$2,321$95
45 years$21,824$12,848$7,245$3,954$2,107$80
46 years$21,108$12,257$6,805$3,652$1,913$66
47 years$20,425$11,697$6,393$3,374$1,738$55
48 years$19,772$11,166$6,008$3,118$1,578$46
49 years$19,148$10,663$5,647$2,881$1,433$38
50 years$18,551$10,186$5,309$2,663$1,302$32

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 $6,548 every year, while hoping to spend $55,149 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: 63/22/15 Blend
64$19,000,000$19,000,000$19,000,000$19,000,000
65$20,944,754$19,937,754$19,643,254$22,186,995
66$23,022,441$20,856,026$20,242,625$23,939,525
67$25,310,204$21,817,445$20,860,227$25,845,595
68$27,829,411$22,824,067$21,496,611$27,925,696
69$30,603,612$23,878,046$22,152,348$30,196,763
70$33,658,752$24,981,642$22,828,023$32,677,421
71$37,023,424$26,137,222$23,524,241$35,388,162
72$40,729,134$27,347,267$24,241,624$38,351,527
73$44,810,600$28,614,377$24,980,813$41,592,321
74$49,306,079$29,941,279$25,742,468$45,137,834
75$54,257,728$31,330,831$26,527,270$49,018,100
76$59,712,002$32,786,027$27,335,919$53,266,171
77$65,720,091$34,310,008$28,169,137$57,918,423
78$72,338,405$35,906,064$29,027,669$63,014,893
79$79,629,106$37,577,644$29,912,279$68,599,654
80$87,660,692$39,328,366$30,823,758$74,721,218
81$96,508,647$41,162,020$31,762,918$81,432,991
82$106,256,149$43,082,580$32,730,596$88,793,769
83$116,994,861$45,094,211$33,727,656$96,868,284
84$128,825,791$47,201,280$34,754,985$105,727,807
85$141,860,244$49,408,366$35,813,500$115,450,813
86$156,220,880$51,720,267$36,904,144$126,123,712
87$172,042,864$54,142,014$38,027,886$137,841,657
88$189,475,145$56,678,881$39,185,729$150,709,429
89$208,681,861$59,336,398$40,378,703$164,842,419
90$229,843,891$62,120,362$41,607,870$180,367,707
91$253,160,557$65,036,849$42,874,322$197,425,245
92$278,851,509$68,092,230$44,179,188$216,169,175
93$307,158,799$71,293,185$45,523,626$236,769,263
94$338,349,162$74,646,716$46,908,833$259,412,496
95$372,716,537$78,160,166$48,336,040$284,304,829
96$410,584,841$81,841,231$49,806,514$311,673,118
97$452,311,025$85,697,982$51,321,563$341,767,245
98$498,288,446$89,738,879$52,882,531$374,862,464
99$548,950,577$93,972,794$54,490,805$411,261,980
100$604,775,101$98,409,026$56,147,813$451,299,797