Can I retire at age 69 with 19,100,000?

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 $19,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,477,266
2 years$780,822$766,280$752,186$738,521$725,267$679,515
3 years$515,377$500,772$486,714$473,178$460,139$415,865
4 years$382,681$368,121$354,203$340,898$328,175$285,717
5 years$303,084$288,611$274,876$261,842$249,474$208,948
6 years$250,036$235,673$222,141$209,397$197,400$158,842
7 years$212,160$197,918$184,600$172,157$160,539$123,948
8 years$183,766$169,652$156,556$144,418$133,183$98,535
9 years$161,694$147,712$134,841$123,012$112,159$79,419
10 years$144,046$130,201$117,558$106,038$95,565$64,686
11 years$129,616$115,911$103,496$92,285$82,189$53,118
12 years$117,600$104,035$91,850$80,946$71,223$43,901
13 years$107,440$94,017$82,062$71,463$62,108$36,471
14 years$98,740$85,459$73,733$63,437$54,444$30,426
15 years$91,206$78,068$66,571$56,575$47,936$25,469
16 years$84,620$71,626$60,356$50,657$42,366$21,381
17 years$78,815$65,965$54,922$45,515$37,565$17,990
18 years$73,661$60,955$50,137$41,018$33,401$15,166
19 years$69,055$56,492$45,898$37,063$29,771$12,806
20 years$64,915$52,495$42,123$33,568$26,592$10,828
21 years$61,174$48,897$38,745$30,465$23,797$9,166
22 years$57,777$45,644$35,709$27,700$21,331$7,767
23 years$54,681$42,690$32,971$25,226$19,148$6,586
24 years$51,846$39,998$30,493$23,008$17,210$5,589
25 years$49,243$37,536$28,242$21,012$15,487$4,745
26 years$46,843$35,278$26,193$19,213$13,950$4,031
27 years$44,626$33,200$24,323$17,586$12,577$3,425
28 years$42,570$31,284$22,611$16,112$11,348$2,912
29 years$40,659$29,513$21,042$14,775$10,247$2,476
30 years$38,879$27,872$19,600$13,560$9,259$2,106
31 years$37,218$26,348$18,272$12,454$8,371$1,792
32 years$35,663$24,931$17,048$11,445$7,572$1,525
33 years$34,205$23,610$15,918$10,525$6,853$1,298
34 years$32,836$22,377$14,873$9,684$6,205$1,104
35 years$31,549$21,224$13,905$8,915$5,620$940
36 years$30,335$20,145$13,008$8,210$5,092$800
37 years$29,190$19,133$12,175$7,564$4,615$681
38 years$28,108$18,183$11,401$6,972$4,184$580
39 years$27,083$17,290$10,682$6,429$3,794$494
40 years$26,113$16,450$10,012$5,930$3,441$421
41 years$25,192$15,659$9,388$5,471$3,122$358
42 years$24,317$14,913$8,806$5,049$2,833$305
43 years$23,485$14,209$8,264$4,661$2,571$260
44 years$22,694$13,545$7,757$4,303$2,334$221
45 years$21,939$12,916$7,283$3,974$2,119$188
46 years$21,220$12,321$6,841$3,671$1,924$161
47 years$20,533$11,758$6,427$3,392$1,747$137
48 years$19,876$11,225$6,039$3,134$1,586$116
49 years$19,249$10,719$5,677$2,896$1,441$99
50 years$18,648$10,239$5,337$2,677$1,309$84

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $19,100,000, adding $5,266 every year, while hoping to spend $25,169 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: 75/6/19 Blend
68$19,100,000$19,100,000$19,100,000$19,100,000
69$21,053,632$20,041,332$19,745,282$22,539,044
70$23,174,323$20,996,578$20,379,969$24,479,313
71$25,510,480$21,997,787$21,035,075$26,601,875
72$28,084,056$23,047,185$21,711,257$28,927,838
73$30,919,239$24,147,106$22,409,193$31,477,473
74$34,042,685$25,299,998$23,129,584$34,273,103
75$37,483,767$26,508,426$23,873,154$37,339,309
76$41,274,854$27,775,082$24,640,648$40,703,159
77$45,451,617$29,102,788$25,432,837$44,394,465
78$50,053,361$30,494,504$26,250,516$48,446,054
79$55,123,402$31,953,333$27,094,506$52,894,085
80$60,709,472$33,482,529$27,965,655$57,778,378
81$66,864,170$35,085,505$28,864,837$63,142,794
82$73,645,462$36,765,841$29,792,955$69,035,644
83$81,117,221$38,527,290$30,750,941$75,510,138
84$89,349,837$40,373,786$31,739,757$82,624,891
85$98,420,878$42,309,460$32,760,397$90,444,467
86$108,415,822$44,338,637$33,813,884$99,039,988
87$119,428,864$46,465,859$34,901,278$108,489,800
88$131,563,808$48,695,886$36,023,670$118,880,210
89$144,935,042$51,033,709$37,182,188$130,306,296
90$159,668,621$53,484,566$38,377,996$142,872,801
91$175,903,456$56,053,946$39,612,295$156,695,117
92$193,792,626$58,747,607$40,886,325$171,900,370
93$213,504,824$61,571,589$42,201,366$188,628,613
94$235,225,943$64,532,224$43,558,740$207,034,149
95$259,160,841$67,636,155$44,959,810$227,286,977
96$285,535,267$70,890,347$46,405,983$249,574,395
97$314,597,996$74,302,105$47,898,715$274,102,758
98$346,623,173$77,879,090$49,439,504$301,099,427
99$381,912,909$81,629,338$51,029,899$330,814,904
100$420,800,124$85,561,273$52,671,499$363,525,194