Can I retire at age 67 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%12.6%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,506,528
2 years$780,822$766,280$752,186$738,521$725,267$708,621
3 years$515,377$500,772$486,714$473,178$460,139$443,896
4 years$382,681$368,121$354,203$340,898$328,175$312,460
5 years$303,084$288,611$274,876$261,842$249,474$234,333
6 years$250,036$235,673$222,141$209,397$197,400$182,852
7 years$212,160$197,918$184,600$172,157$160,539$146,589
8 years$183,766$169,652$156,556$144,418$133,183$119,831
9 years$161,694$147,712$134,841$123,012$112,159$99,400
10 years$144,046$130,201$117,558$106,038$95,565$83,391
11 years$129,616$115,911$103,496$92,285$82,189$70,589
12 years$117,600$104,035$91,850$80,946$71,223$60,186
13 years$107,440$94,017$82,062$71,463$62,108$51,620
14 years$98,740$85,459$73,733$63,437$54,444$44,489
15 years$91,206$78,068$66,571$56,575$47,936$38,501
16 years$84,620$71,626$60,356$50,657$42,366$33,434
17 years$78,815$65,965$54,922$45,515$37,565$29,119
18 years$73,661$60,955$50,137$41,018$33,401$25,424
19 years$69,055$56,492$45,898$37,063$29,771$22,246
20 years$64,915$52,495$42,123$33,568$26,592$19,501
21 years$61,174$48,897$38,745$30,465$23,797$17,122
22 years$57,777$45,644$35,709$27,700$21,331$15,054
23 years$54,681$42,690$32,971$25,226$19,148$13,252
24 years$51,846$39,998$30,493$23,008$17,210$11,678
25 years$49,243$37,536$28,242$21,012$15,487$10,300
26 years$46,843$35,278$26,193$19,213$13,950$9,092
27 years$44,626$33,200$24,323$17,586$12,577$8,032
28 years$42,570$31,284$22,611$16,112$11,348$7,099
29 years$40,659$29,513$21,042$14,775$10,247$6,279
30 years$38,879$27,872$19,600$13,560$9,259$5,556
31 years$37,218$26,348$18,272$12,454$8,371$4,918
32 years$35,663$24,931$17,048$11,445$7,572$4,355
33 years$34,205$23,610$15,918$10,525$6,853$3,858
34 years$32,836$22,377$14,873$9,684$6,205$3,418
35 years$31,549$21,224$13,905$8,915$5,620$3,030
36 years$30,335$20,145$13,008$8,210$5,092$2,686
37 years$29,190$19,133$12,175$7,564$4,615$2,381
38 years$28,108$18,183$11,401$6,972$4,184$2,112
39 years$27,083$17,290$10,682$6,429$3,794$1,873
40 years$26,113$16,450$10,012$5,930$3,441$1,662
41 years$25,192$15,659$9,388$5,471$3,122$1,474
42 years$24,317$14,913$8,806$5,049$2,833$1,308
43 years$23,485$14,209$8,264$4,661$2,571$1,161
44 years$22,694$13,545$7,757$4,303$2,334$1,030
45 years$21,939$12,916$7,283$3,974$2,119$915
46 years$21,220$12,321$6,841$3,671$1,924$812
47 years$20,533$11,758$6,427$3,392$1,747$721
48 years$19,876$11,225$6,039$3,134$1,586$640
49 years$19,249$10,719$5,677$2,896$1,441$568
50 years$18,648$10,239$5,337$2,677$1,309$504

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $19,100,000, adding $4,120 every year, while hoping to spend $28,995 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: 68/5/27 Blend
66$19,100,000$19,100,000$19,100,000$19,100,000
67$21,052,450$20,040,150$19,744,100$22,336,118
68$23,168,949$20,991,267$20,374,677$24,150,822
69$25,500,360$21,988,016$21,025,406$26,131,828
70$28,068,572$23,032,605$21,696,933$28,298,600
71$30,897,708$24,127,344$22,389,921$30,669,518
72$34,014,349$25,274,658$23,105,058$33,264,823
73$37,447,787$26,477,091$23,843,053$36,106,794
74$41,230,301$27,737,309$24,604,635$39,219,965
75$45,397,461$29,058,106$25,390,559$42,631,347
76$49,988,464$30,442,415$26,201,605$46,370,684
77$55,046,504$31,893,310$27,038,575$50,470,729
78$60,619,179$33,414,014$27,902,299$54,967,551
79$66,758,942$35,007,907$28,793,633$59,900,873
80$73,523,594$36,678,535$29,713,459$65,314,441
81$80,976,830$38,429,613$30,662,690$71,256,434
82$89,188,842$40,265,039$31,642,266$77,779,919
83$98,236,979$42,188,901$32,653,157$84,943,343
84$108,206,479$44,205,485$33,696,365$92,811,084
85$119,191,272$46,319,286$34,772,925$101,454,055
86$131,294,866$48,535,016$35,883,904$110,950,366
87$144,631,330$50,857,619$37,030,401$121,386,060
88$159,326,361$53,292,277$38,213,555$132,855,921
89$175,518,477$55,844,427$39,434,537$145,464,361
90$193,360,326$58,519,768$40,694,558$159,326,404
91$213,020,121$61,324,278$41,994,868$174,568,765
92$234,683,232$64,264,226$43,336,754$191,331,041
93$258,553,934$67,346,186$44,721,548$209,767,024
94$284,857,338$70,577,052$46,150,622$230,046,149
95$313,841,513$73,964,053$47,625,394$252,355,082
96$345,779,828$77,514,773$49,147,326$276,899,482
97$380,973,535$81,237,162$50,717,926$303,905,933
98$419,754,612$85,139,559$52,338,753$333,624,078
99$462,488,895$89,230,710$54,011,414$366,328,968
100$509,579,533$93,519,785$55,737,567$402,323,650