Can I retire at age 72 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%19.7%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,456,124
2 years$776,734$762,268$748,248$734,655$721,470$662,778
3 years$512,679$498,150$484,166$470,701$457,730$401,157
4 years$380,677$366,193$352,349$339,113$326,457$272,433
5 years$301,497$287,100$273,437$260,471$248,167$196,831
6 years$248,727$234,439$220,978$208,301$196,366$147,752
7 years$211,050$196,881$183,634$171,256$159,698$113,789
8 years$182,804$168,764$155,736$143,662$132,485$89,236
9 years$160,847$146,939$134,135$122,368$111,572$70,919
10 years$143,292$129,520$116,942$105,483$95,065$56,931
11 years$128,937$115,304$102,954$91,802$81,759$46,057
12 years$116,984$103,490$91,369$80,522$70,850$37,486
13 years$106,878$93,525$81,632$71,089$61,783$30,658
14 years$98,223$85,012$73,347$63,105$54,159$25,169
15 years$90,728$77,660$66,222$56,279$47,686$20,728
16 years$84,177$71,251$60,040$50,391$42,145$17,113
17 years$78,403$65,620$54,634$45,276$37,368$14,157
18 years$73,276$60,636$49,874$40,803$33,226$11,732
19 years$68,694$56,197$45,657$36,869$29,615$9,736
20 years$64,575$52,221$41,902$33,392$26,453$8,088
21 years$60,853$48,641$38,542$30,305$23,672$6,726
22 years$57,475$45,405$35,522$27,554$21,219$5,597
23 years$54,394$42,466$32,798$25,094$19,047$4,661
24 years$51,575$39,788$30,333$22,888$17,120$3,884
25 years$48,985$37,339$28,094$20,902$15,406$3,237
26 years$46,598$35,093$26,056$19,112$13,877$2,700
27 years$44,392$33,026$24,195$17,494$12,511$2,252
28 years$42,347$31,121$22,493$16,028$11,289$1,879
29 years$40,446$29,359$20,931$14,698$10,194$1,568
30 years$38,676$27,726$19,497$13,489$9,211$1,309
31 years$37,023$26,211$18,176$12,389$8,327$1,092
32 years$35,476$24,800$16,959$11,385$7,533$912
33 years$34,026$23,486$15,835$10,470$6,817$762
34 years$32,665$22,260$14,795$9,633$6,172$636
35 years$31,384$21,113$13,832$8,868$5,590$531
36 years$30,176$20,039$12,940$8,167$5,065$444
37 years$29,037$19,033$12,111$7,525$4,591$370
38 years$27,961$18,088$11,342$6,936$4,162$309
39 years$26,942$17,200$10,626$6,395$3,774$258
40 years$25,976$16,364$9,960$5,899$3,423$216
41 years$25,060$15,577$9,339$5,442$3,106$180
42 years$24,190$14,835$8,760$5,023$2,818$151
43 years$23,362$14,135$8,220$4,636$2,558$126
44 years$22,575$13,474$7,716$4,281$2,321$105
45 years$21,824$12,848$7,245$3,954$2,107$88
46 years$21,108$12,257$6,805$3,652$1,913$73
47 years$20,425$11,697$6,393$3,374$1,738$61
48 years$19,772$11,166$6,008$3,118$1,578$51
49 years$19,148$10,663$5,647$2,881$1,433$43
50 years$18,551$10,186$5,309$2,663$1,302$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $19,000,000, adding $3,078 every year, while hoping to spend $37,117 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: 69/13/18 Blend
71$19,000,000$19,000,000$19,000,000$19,000,000
72$20,941,175$19,934,175$19,639,675$22,294,980
73$23,037,683$20,871,457$20,258,112$24,135,519
74$25,346,790$21,853,423$20,896,022$26,144,003
75$27,890,143$22,882,221$21,554,020$28,340,728
76$30,691,595$23,960,107$22,232,736$30,744,258
77$33,777,429$25,089,444$22,932,825$33,375,023
78$37,176,610$26,272,710$23,654,958$36,255,510
79$40,921,055$27,512,503$24,399,830$39,410,470
80$45,045,935$28,811,548$25,168,156$42,867,153
81$49,590,007$30,172,701$25,960,676$46,655,555
82$54,595,980$31,598,955$26,778,151$50,808,702
83$60,110,918$33,093,452$27,621,367$55,362,955
84$66,186,683$34,659,482$28,491,134$60,358,348
85$72,880,426$36,300,499$29,388,289$65,838,964
86$80,255,127$38,020,120$30,313,693$71,853,346
87$88,380,185$39,822,141$31,268,237$78,454,947
88$97,332,078$41,710,540$32,252,837$85,702,633
89$107,195,084$43,689,490$33,268,441$93,661,231
90$118,062,073$45,763,366$34,316,024$102,402,138
91$130,035,387$47,936,754$35,396,594$112,003,984
92$143,227,805$50,214,463$36,511,189$122,553,374
93$157,763,607$52,601,538$37,660,880$134,145,696
94$173,779,748$55,103,267$38,846,772$146,886,013
95$191,427,150$57,725,194$40,070,006$160,890,052
96$210,872,125$60,473,134$41,331,757$176,285,286
97$232,297,949$63,353,185$42,633,238$193,212,131
98$255,906,588$66,371,739$43,975,700$211,825,263
99$281,920,607$69,535,501$45,360,433$232,295,071
100$310,585,270$72,851,502$46,788,768$254,809,254