Can I retire at age 68 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%11.7%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,504,278
2 years$776,734$762,268$748,248$734,655$721,470$710,570
3 years$512,679$498,150$484,166$470,701$457,730$447,078
4 years$380,677$366,193$352,349$339,113$326,457$316,134
5 years$301,497$287,100$273,437$260,471$248,167$238,204
6 years$248,727$234,439$220,978$208,301$196,366$186,775
7 years$211,050$196,881$183,634$171,256$159,698$150,484
8 years$182,804$168,764$155,736$143,662$132,485$123,648
9 years$160,847$146,939$134,135$122,368$111,572$103,109
10 years$143,292$129,520$116,942$105,483$95,065$86,972
11 years$128,937$115,304$102,954$91,802$81,759$74,030
12 years$116,984$103,490$91,369$80,522$70,850$63,479
13 years$106,878$93,525$81,632$71,089$61,783$54,761
14 years$98,223$85,012$73,347$63,105$54,159$47,478
15 years$90,728$77,660$66,222$56,279$47,686$41,337
16 years$84,177$71,251$60,040$50,391$42,145$36,118
17 years$78,403$65,620$54,634$45,276$37,368$31,655
18 years$73,276$60,636$49,874$40,803$33,226$27,815
19 years$68,694$56,197$45,657$36,869$29,615$24,496
20 years$64,575$52,221$41,902$33,392$26,453$21,615
21 years$60,853$48,641$38,542$30,305$23,672$19,105
22 years$57,475$45,405$35,522$27,554$21,219$16,912
23 years$54,394$42,466$32,798$25,094$19,047$14,990
24 years$51,575$39,788$30,333$22,888$17,120$13,301
25 years$48,985$37,339$28,094$20,902$15,406$11,814
26 years$46,598$35,093$26,056$19,112$13,877$10,503
27 years$44,392$33,026$24,195$17,494$12,511$9,344
28 years$42,347$31,121$22,493$16,028$11,289$8,319
29 years$40,446$29,359$20,931$14,698$10,194$7,411
30 years$38,676$27,726$19,497$13,489$9,211$6,606
31 years$37,023$26,211$18,176$12,389$8,327$5,891
32 years$35,476$24,800$16,959$11,385$7,533$5,255
33 years$34,026$23,486$15,835$10,470$6,817$4,690
34 years$32,665$22,260$14,795$9,633$6,172$4,187
35 years$31,384$21,113$13,832$8,868$5,590$3,739
36 years$30,176$20,039$12,940$8,167$5,065$3,340
37 years$29,037$19,033$12,111$7,525$4,591$2,984
38 years$27,961$18,088$11,342$6,936$4,162$2,667
39 years$26,942$17,200$10,626$6,395$3,774$2,384
40 years$25,976$16,364$9,960$5,899$3,423$2,131
41 years$25,060$15,577$9,339$5,442$3,106$1,906
42 years$24,190$14,835$8,760$5,023$2,818$1,704
43 years$23,362$14,135$8,220$4,636$2,558$1,524
44 years$22,575$13,474$7,716$4,281$2,321$1,363
45 years$21,824$12,848$7,245$3,954$2,107$1,219
46 years$21,108$12,257$6,805$3,652$1,913$1,091
47 years$20,425$11,697$6,393$3,374$1,738$976
48 years$19,772$11,166$6,008$3,118$1,578$873
49 years$19,148$10,663$5,647$2,881$1,433$781
50 years$18,551$10,186$5,309$2,663$1,302$699

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 68 starting with $19,000,000, adding $3,554 every year, while hoping to spend $51,051 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: 50/23/27 Blend
67$19,000,000$19,000,000$19,000,000$19,000,000
68$20,941,666$19,934,666$19,640,166$21,828,723
69$23,023,398$20,857,147$20,243,794$23,370,899
70$25,315,756$21,823,118$20,865,932$25,040,775
71$27,840,169$22,834,657$21,507,147$26,854,834
72$30,620,252$23,893,941$22,168,022$28,826,777
73$33,682,026$25,003,252$22,849,158$30,971,659
74$37,054,163$26,164,982$23,551,176$33,306,030
75$40,768,260$27,381,639$24,274,713$35,848,083
76$44,859,135$28,655,851$25,020,428$38,617,819
77$49,365,153$29,990,374$25,788,998$41,637,232
78$54,328,591$31,388,095$26,581,123$44,930,510
79$59,796,039$32,852,043$27,397,522$48,524,254
80$65,818,833$34,385,392$28,238,937$52,447,723
81$72,453,545$35,991,467$29,106,133$56,733,106
82$79,762,516$37,673,758$29,999,897$61,415,812
83$87,814,441$39,435,920$30,921,042$66,534,803
84$96,685,021$41,281,787$31,870,404$72,132,948
85$106,457,675$43,215,377$32,848,845$78,257,422
86$117,224,330$45,240,903$33,857,253$84,960,139
87$129,086,285$47,362,780$34,896,544$92,298,237
88$142,155,169$49,585,640$35,967,662$100,334,605
89$156,553,995$51,914,335$37,071,577$109,138,464
90$172,418,320$54,353,954$38,209,292$118,786,014
91$189,897,524$56,909,833$39,381,838$129,361,140
92$209,156,221$59,587,565$40,590,280$140,956,190
93$230,375,814$62,393,014$41,835,713$153,672,837
94$253,756,204$65,332,329$43,119,266$167,623,026
95$279,517,678$68,411,954$44,442,103$182,930,015
96$307,902,990$71,638,649$45,805,422$199,729,528
97$339,179,651$75,019,499$47,210,460$218,171,017
98$373,642,455$78,561,933$48,658,489$238,419,060
99$411,616,258$82,273,741$50,150,822$260,654,901
100$453,459,050$86,163,088$51,688,809$285,078,140