Can I retire at age 72 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%16.6%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,474,275
2 years$776,734$762,268$748,248$734,655$721,470$680,644
3 years$512,679$498,150$484,166$470,701$457,730$418,168
4 years$380,677$366,193$352,349$339,113$326,457$288,463
5 years$301,497$287,100$273,437$260,471$248,167$211,846
6 years$248,727$234,439$220,978$208,301$196,366$161,752
7 years$211,050$196,881$183,634$171,256$159,698$126,793
8 years$182,804$168,764$155,736$143,662$132,485$101,272
9 years$160,847$146,939$134,135$122,368$111,572$82,022
10 years$143,292$129,520$116,942$105,483$95,065$67,141
11 years$128,937$115,304$102,954$91,802$81,759$55,418
12 years$116,984$103,490$91,369$80,522$70,850$46,044
13 years$106,878$93,525$81,632$71,089$61,783$38,459
14 years$98,223$85,012$73,347$63,105$54,159$32,262
15 years$90,728$77,660$66,222$56,279$47,686$27,159
16 years$84,177$71,251$60,040$50,391$42,145$22,930
17 years$78,403$65,620$54,634$45,276$37,368$19,407
18 years$73,276$60,636$49,874$40,803$33,226$16,458
19 years$68,694$56,197$45,657$36,869$29,615$13,981
20 years$64,575$52,221$41,902$33,392$26,453$11,894
21 years$60,853$48,641$38,542$30,305$23,672$10,131
22 years$57,475$45,405$35,522$27,554$21,219$8,637
23 years$54,394$42,466$32,798$25,094$19,047$7,371
24 years$51,575$39,788$30,333$22,888$17,120$6,294
25 years$48,985$37,339$28,094$20,902$15,406$5,379
26 years$46,598$35,093$26,056$19,112$13,877$4,598
27 years$44,392$33,026$24,195$17,494$12,511$3,933
28 years$42,347$31,121$22,493$16,028$11,289$3,366
29 years$40,446$29,359$20,931$14,698$10,194$2,881
30 years$38,676$27,726$19,497$13,489$9,211$2,467
31 years$37,023$26,211$18,176$12,389$8,327$2,112
32 years$35,476$24,800$16,959$11,385$7,533$1,809
33 years$34,026$23,486$15,835$10,470$6,817$1,550
34 years$32,665$22,260$14,795$9,633$6,172$1,328
35 years$31,384$21,113$13,832$8,868$5,590$1,138
36 years$30,176$20,039$12,940$8,167$5,065$976
37 years$29,037$19,033$12,111$7,525$4,591$836
38 years$27,961$18,088$11,342$6,936$4,162$717
39 years$26,942$17,200$10,626$6,395$3,774$615
40 years$25,976$16,364$9,960$5,899$3,423$527
41 years$25,060$15,577$9,339$5,442$3,106$452
42 years$24,190$14,835$8,760$5,023$2,818$387
43 years$23,362$14,135$8,220$4,636$2,558$332
44 years$22,575$13,474$7,716$4,281$2,321$285
45 years$21,824$12,848$7,245$3,954$2,107$244
46 years$21,108$12,257$6,805$3,652$1,913$209
47 years$20,425$11,697$6,393$3,374$1,738$180
48 years$19,772$11,166$6,008$3,118$1,578$154
49 years$19,148$10,663$5,647$2,881$1,433$132
50 years$18,551$10,186$5,309$2,663$1,302$113

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 $5,373 every year, while hoping to spend $52,339 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: 45/46/9 Blend
71$19,000,000$19,000,000$19,000,000$19,000,000
72$20,943,542$19,936,542$19,642,042$21,832,690
73$23,024,095$20,857,745$20,244,362$23,369,353
74$25,315,111$21,822,332$20,865,106$25,028,784
75$27,838,000$22,832,374$21,504,835$26,826,904
76$30,616,358$23,890,042$22,164,129$28,776,516
77$33,676,182$24,997,610$22,843,584$30,891,666
78$37,046,124$26,157,464$23,543,814$33,187,770
79$40,757,750$27,372,102$24,265,454$35,681,747
80$44,845,850$28,644,144$25,009,156$38,392,173
81$49,348,756$29,976,337$25,775,592$41,339,446
82$54,308,711$31,371,558$26,565,456$44,545,968
83$59,772,262$32,832,827$27,379,461$48,036,344
84$65,790,703$34,363,306$28,218,344$51,837,606
85$72,420,558$35,966,312$29,082,862$55,979,454
86$79,724,113$37,645,319$29,973,795$60,494,528
87$87,770,005$39,403,972$30,891,950$65,418,696
88$96,633,871$41,246,092$31,838,155$70,791,388
89$106,399,057$43,175,682$32,813,265$76,655,947
90$117,157,411$45,196,940$33,818,160$83,060,029
91$129,010,145$47,314,268$34,853,746$90,056,033
92$142,068,792$49,532,280$35,920,959$97,701,582
93$156,456,260$51,855,812$37,020,762$106,060,048
94$172,307,987$54,289,936$38,154,146$115,201,136
95$189,773,225$56,839,966$39,322,134$125,201,521
96$209,016,448$59,511,478$40,525,779$136,145,551
97$230,218,899$62,310,314$41,766,166$148,126,027
98$253,580,308$65,242,601$43,044,413$161,245,056
99$279,320,771$68,314,760$44,361,673$175,614,988
100$307,682,833$71,533,526$45,719,132$191,359,463