Can I retire at age 65 with 19,400,000?

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 $19,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$1,602,034$1,587,764$1,573,841$1,560,252$1,546,983$1,512,658
2 years$793,086$778,316$764,001$750,121$736,659$702,256
3 years$523,472$508,638$494,359$480,610$467,367$433,959
4 years$388,691$373,903$359,767$346,252$333,330$301,175
5 years$307,844$293,144$279,194$265,955$253,392$222,581
6 years$253,964$239,374$225,630$212,686$200,500$171,066
7 years$215,493$201,026$187,500$174,861$163,061$135,007
8 years$186,653$172,317$159,015$146,687$135,274$108,592
9 years$164,233$150,033$136,959$124,945$113,921$88,589
10 years$146,308$132,246$119,404$107,703$97,066$73,059
11 years$131,652$117,731$105,121$93,734$83,480$60,766
12 years$119,447$105,669$93,293$82,218$72,342$50,886
13 years$109,128$95,494$83,351$72,586$63,084$42,846
14 years$100,290$86,801$74,891$64,434$55,299$36,239
15 years$92,638$79,295$67,617$57,463$48,689$30,764
16 years$85,949$72,751$61,304$51,452$43,032$26,197
17 years$80,053$67,001$55,784$46,229$38,155$22,365
18 years$74,818$61,912$50,924$41,662$33,926$19,136
19 years$70,140$57,380$46,619$37,645$30,239$16,402
20 years$65,934$53,320$42,784$34,095$27,010$14,081
21 years$62,135$49,665$39,353$30,943$24,171$12,104
22 years$58,685$46,361$36,270$28,135$21,666$10,417
23 years$55,539$43,360$33,489$25,623$19,448$8,973
24 years$52,661$40,626$30,972$23,369$17,481$7,736
25 years$50,016$38,125$28,686$21,342$15,730$6,674
26 years$47,579$35,832$26,605$19,514$14,169$5,761
27 years$45,326$33,722$24,705$17,862$12,774$4,976
28 years$43,238$31,776$22,966$16,365$11,527$4,300
29 years$41,298$29,977$21,372$15,007$10,408$3,717
30 years$39,490$28,310$19,907$13,773$9,404$3,214
31 years$37,802$26,762$18,559$12,649$8,503$2,780
32 years$36,223$25,323$17,316$11,625$7,691$2,405
33 years$34,743$23,981$16,168$10,690$6,961$2,081
34 years$33,352$22,728$15,106$9,836$6,302$1,801
35 years$32,044$21,558$14,123$9,055$5,708$1,559
36 years$30,812$20,461$13,212$8,339$5,172$1,350
37 years$29,648$19,434$12,366$7,683$4,687$1,169
38 years$28,549$18,469$11,581$7,082$4,249$1,012
39 years$27,509$17,562$10,850$6,530$3,854$877
40 years$26,523$16,709$10,169$6,023$3,495$759
41 years$25,587$15,905$9,536$5,557$3,171$658
42 years$24,699$15,148$8,945$5,128$2,877$570
43 years$23,854$14,433$8,393$4,734$2,611$494
44 years$23,050$13,757$7,879$4,371$2,370$428
45 years$22,284$13,119$7,398$4,037$2,152$370
46 years$21,553$12,515$6,948$3,729$1,954$321
47 years$20,855$11,943$6,528$3,445$1,774$278
48 years$20,189$11,401$6,134$3,183$1,611$241
49 years$19,551$10,887$5,766$2,942$1,463$209
50 years$18,941$10,400$5,421$2,719$1,329$181

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $19,400,000, adding $3,181 every year, while hoping to spend $33,401 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: 60/28/12 Blend
64$19,400,000$19,400,000$19,400,000$19,400,000
65$21,382,081$20,353,881$20,053,181$22,602,911
66$23,527,515$21,315,683$20,689,424$24,385,943
67$25,890,664$22,323,494$21,345,862$26,325,971
68$28,493,699$23,379,532$22,023,136$28,441,364
69$31,361,052$24,486,126$22,721,907$30,749,043
70$34,519,648$25,645,713$23,442,859$33,267,609
71$37,999,152$26,860,854$24,186,695$36,017,519
72$41,832,259$28,134,229$24,954,143$39,021,267
73$46,054,994$29,468,651$25,745,951$42,303,592
74$50,707,057$30,867,068$26,562,894$45,891,707
75$55,832,196$32,332,574$27,405,770$49,815,544
76$61,478,619$33,868,409$28,275,403$54,108,033
77$67,699,451$35,477,974$29,172,642$58,805,404
78$74,553,233$37,164,833$30,098,363$63,947,522
79$82,104,477$38,932,724$31,053,472$69,578,250
80$90,424,272$40,785,566$32,038,902$75,745,860
81$99,590,958$42,727,469$33,055,616$82,503,478
82$109,690,864$44,762,743$34,104,607$89,909,573
83$120,819,121$46,895,906$35,186,900$98,028,501
84$133,080,564$49,131,698$36,303,554$106,931,101
85$146,590,717$51,475,087$37,455,659$116,695,353
86$161,476,889$53,931,285$38,644,342$127,407,103
87$177,879,368$56,505,754$39,870,764$139,160,861
88$195,952,753$59,204,225$41,136,124$152,060,677
89$215,867,408$62,032,707$42,441,658$166,221,116
90$237,811,073$64,997,500$43,788,644$181,768,321
91$261,990,636$68,105,211$45,178,397$198,841,188
92$288,634,084$71,362,769$46,612,276$217,592,667
93$317,992,656$74,777,440$48,091,683$238,191,186
94$350,343,216$78,356,844$49,618,063$260,822,224
95$385,990,866$82,108,970$51,192,910$285,690,048
96$425,271,824$86,042,200$52,817,762$313,019,617
97$468,556,601$90,165,318$54,494,208$343,058,691
98$516,253,497$94,487,542$56,223,887$376,080,148
99$568,812,457$99,018,535$58,008,491$412,384,541
100$626,729,316$103,768,431$59,849,763$452,302,908