Can I retire at age 69 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%13.3%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,494,297
2 years$776,734$762,268$748,248$734,655$721,470$700,561
3 years$512,679$498,150$484,166$470,701$457,730$437,352
4 years$380,677$366,193$352,349$339,113$326,457$306,767
5 years$301,497$287,100$273,437$260,471$248,167$229,223
6 years$248,727$234,439$220,978$208,301$196,366$178,190
7 years$211,050$196,881$183,634$171,256$159,698$142,296
8 years$182,804$168,764$155,736$143,662$132,485$115,855
9 years$160,847$146,939$134,135$122,368$111,572$95,706
10 years$143,292$129,520$116,942$105,483$95,065$79,952
11 years$128,937$115,304$102,954$91,802$81,759$67,384
12 years$116,984$103,490$91,369$80,522$70,850$57,198
13 years$106,878$93,525$81,632$71,089$61,783$48,834
14 years$98,223$85,012$73,347$63,105$54,159$41,893
15 years$90,728$77,660$66,222$56,279$47,686$36,082
16 years$84,177$71,251$60,040$50,391$42,145$31,182
17 years$78,403$65,620$54,634$45,276$37,368$27,024
18 years$73,276$60,636$49,874$40,803$33,226$23,477
19 years$68,694$56,197$45,657$36,869$29,615$20,438
20 years$64,575$52,221$41,902$33,392$26,453$17,823
21 years$60,853$48,641$38,542$30,305$23,672$15,567
22 years$57,475$45,405$35,522$27,554$21,219$13,615
23 years$54,394$42,466$32,798$25,094$19,047$11,921
24 years$51,575$39,788$30,333$22,888$17,120$10,448
25 years$48,985$37,339$28,094$20,902$15,406$9,165
26 years$46,598$35,093$26,056$19,112$13,877$8,045
27 years$44,392$33,026$24,195$17,494$12,511$7,067
28 years$42,347$31,121$22,493$16,028$11,289$6,212
29 years$40,446$29,359$20,931$14,698$10,194$5,463
30 years$38,676$27,726$19,497$13,489$9,211$4,806
31 years$37,023$26,211$18,176$12,389$8,327$4,230
32 years$35,476$24,800$16,959$11,385$7,533$3,724
33 years$34,026$23,486$15,835$10,470$6,817$3,280
34 years$32,665$22,260$14,795$9,633$6,172$2,889
35 years$31,384$21,113$13,832$8,868$5,590$2,545
36 years$30,176$20,039$12,940$8,167$5,065$2,243
37 years$29,037$19,033$12,111$7,525$4,591$1,977
38 years$27,961$18,088$11,342$6,936$4,162$1,743
39 years$26,942$17,200$10,626$6,395$3,774$1,537
40 years$25,976$16,364$9,960$5,899$3,423$1,355
41 years$25,060$15,577$9,339$5,442$3,106$1,195
42 years$24,190$14,835$8,760$5,023$2,818$1,054
43 years$23,362$14,135$8,220$4,636$2,558$930
44 years$22,575$13,474$7,716$4,281$2,321$820
45 years$21,824$12,848$7,245$3,954$2,107$724
46 years$21,108$12,257$6,805$3,652$1,913$638
47 years$20,425$11,697$6,393$3,374$1,738$563
48 years$19,772$11,166$6,008$3,118$1,578$497
49 years$19,148$10,663$5,647$2,881$1,433$439
50 years$18,551$10,186$5,309$2,663$1,302$387

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $19,000,000, adding $3,844 every year, while hoping to spend $50,532 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: 45/28/27 Blend
68$19,000,000$19,000,000$19,000,000$19,000,000
69$20,941,965$19,934,965$19,640,465$21,720,720
70$23,024,280$20,858,013$20,244,655$23,197,017
71$25,317,297$21,824,596$20,867,392$24,791,917
72$27,842,455$22,836,795$21,509,243$26,520,672
73$30,623,377$23,896,790$22,170,794$28,395,799
74$33,686,095$25,006,865$22,852,649$30,431,048
75$37,059,292$26,169,418$23,555,429$32,641,520
76$40,774,578$27,386,957$24,279,773$35,043,807
77$44,866,783$28,662,116$25,026,344$37,656,137
78$49,374,289$29,997,653$25,795,820$40,498,546
79$54,339,389$31,396,461$26,588,903$43,593,053
80$59,808,691$32,861,572$27,406,316$46,963,861
81$65,833,552$34,396,164$28,248,802$50,637,580
82$72,470,567$36,003,569$29,117,129$54,643,468
83$79,782,101$37,687,279$30,012,089$59,013,700
84$87,836,876$39,450,956$30,934,494$63,783,657
85$96,710,623$41,298,440$31,885,186$68,992,256
86$106,486,796$43,233,753$32,865,029$74,682,306
87$117,257,357$45,261,114$33,874,916$80,900,899
88$129,123,646$47,384,947$34,915,763$87,699,844
89$142,197,336$49,609,888$35,988,520$95,136,147
90$156,601,490$51,940,798$37,094,161$103,272,535
91$172,471,718$54,382,773$38,233,691$112,178,034
92$189,957,461$56,941,157$39,408,148$121,928,612
93$209,223,399$59,621,551$40,618,598$132,607,876
94$230,451,007$62,429,827$41,866,142$144,307,852
95$253,840,265$65,372,145$43,151,913$157,129,836
96$279,611,550$68,454,958$44,477,081$171,185,334
97$308,007,714$71,685,036$45,842,848$186,597,100
98$339,296,372$75,069,475$47,250,455$203,500,278
99$373,772,439$78,615,715$48,701,182$222,043,656
100$411,760,900$82,331,558$50,196,344$242,391,055