Can I retire at age 70 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%19.4%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,465,526
2 years$780,822$766,280$752,186$738,521$725,267$667,970
3 years$515,377$500,772$486,714$473,178$460,139$404,882
4 years$382,681$368,121$354,203$340,898$328,175$275,379
5 years$303,084$288,611$274,876$261,842$249,474$199,275
6 years$250,036$235,673$222,141$209,397$197,400$149,834
7 years$212,160$197,918$184,600$172,157$160,539$115,591
8 years$183,766$169,652$156,556$144,418$133,183$90,811
9 years$161,694$147,712$134,841$123,012$112,159$72,304
10 years$144,046$130,201$117,558$106,038$95,565$58,153
11 years$129,616$115,911$103,496$92,285$82,189$47,138
12 years$117,600$104,035$91,850$80,946$71,223$38,443
13 years$107,440$94,017$82,062$71,463$62,108$31,505
14 years$98,740$85,459$73,733$63,437$54,444$25,919
15 years$91,206$78,068$66,571$56,575$47,936$21,391
16 years$84,620$71,626$60,356$50,657$42,366$17,699
17 years$78,815$65,965$54,922$45,515$37,565$14,675
18 years$73,661$60,955$50,137$41,018$33,401$12,188
19 years$69,055$56,492$45,898$37,063$29,771$10,137
20 years$64,915$52,495$42,123$33,568$26,592$8,441
21 years$61,174$48,897$38,745$30,465$23,797$7,036
22 years$57,777$45,644$35,709$27,700$21,331$5,869
23 years$54,681$42,690$32,971$25,226$19,148$4,899
24 years$51,846$39,998$30,493$23,008$17,210$4,092
25 years$49,243$37,536$28,242$21,012$15,487$3,419
26 years$46,843$35,278$26,193$19,213$13,950$2,858
27 years$44,626$33,200$24,323$17,586$12,577$2,390
28 years$42,570$31,284$22,611$16,112$11,348$1,999
29 years$40,659$29,513$21,042$14,775$10,247$1,672
30 years$38,879$27,872$19,600$13,560$9,259$1,399
31 years$37,218$26,348$18,272$12,454$8,371$1,171
32 years$35,663$24,931$17,048$11,445$7,572$980
33 years$34,205$23,610$15,918$10,525$6,853$820
34 years$32,836$22,377$14,873$9,684$6,205$687
35 years$31,549$21,224$13,905$8,915$5,620$575
36 years$30,335$20,145$13,008$8,210$5,092$481
37 years$29,190$19,133$12,175$7,564$4,615$403
38 years$28,108$18,183$11,401$6,972$4,184$337
39 years$27,083$17,290$10,682$6,429$3,794$283
40 years$26,113$16,450$10,012$5,930$3,441$237
41 years$25,192$15,659$9,388$5,471$3,122$198
42 years$24,317$14,913$8,806$5,049$2,833$166
43 years$23,485$14,209$8,264$4,661$2,571$139
44 years$22,694$13,545$7,757$4,303$2,334$116
45 years$21,939$12,916$7,283$3,974$2,119$97
46 years$21,220$12,321$6,841$3,671$1,924$82
47 years$20,533$11,758$6,427$3,392$1,747$68
48 years$19,876$11,225$6,039$3,134$1,586$57
49 years$19,249$10,719$5,677$2,896$1,441$48
50 years$18,648$10,239$5,337$2,677$1,309$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $19,100,000, adding $5,597 every year, while hoping to spend $26,149 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: 79/5/16 Blend
69$19,100,000$19,100,000$19,100,000$19,100,000
70$21,053,973$20,041,673$19,745,623$22,644,980
71$23,173,656$20,995,893$20,379,279$24,648,133
72$25,508,670$21,995,993$21,033,286$26,841,629
73$28,080,952$23,044,194$21,708,299$29,247,684
74$30,914,674$24,142,824$22,404,992$31,887,576
75$34,036,474$25,294,325$23,124,062$34,784,739
76$37,475,705$26,501,258$23,866,229$37,964,981
77$41,264,714$27,766,307$24,632,235$41,456,726
78$45,439,146$29,092,288$25,422,846$45,291,280
79$50,038,282$30,482,153$26,238,854$49,503,125
80$55,105,406$31,938,998$27,081,075$54,130,243
81$60,688,219$33,466,070$27,950,352$59,214,469
82$66,839,283$35,066,773$28,847,555$64,801,886
83$73,616,523$36,744,678$29,773,581$70,943,259
84$81,083,770$38,503,529$30,729,358$77,694,506
85$89,311,365$40,347,252$31,715,842$85,117,229
86$98,376,821$42,279,964$32,734,019$93,279,291
87$108,365,559$44,305,984$33,784,911$102,255,449
88$119,371,708$46,429,840$34,869,567$112,128,064
89$131,498,999$48,656,279$35,989,075$122,987,872
90$144,861,743$50,990,282$37,144,555$134,934,833
91$159,585,906$53,437,072$38,337,163$148,079,079
92$175,810,305$56,002,124$39,568,094$162,541,943
93$193,687,911$58,691,184$40,838,580$178,457,107
94$213,387,299$61,510,273$42,149,894$195,971,854
95$235,094,236$64,465,709$43,503,348$215,248,457
96$259,013,436$67,564,117$44,900,298$236,465,708
97$285,370,491$70,812,443$46,342,143$259,820,600
98$314,414,003$74,217,975$47,830,327$285,530,180
99$346,417,929$77,788,353$49,366,340$313,833,598
100$381,684,166$81,531,591$50,951,721$344,994,355