Can I retire at age 72 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%18.3%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,471,951
2 years$780,822$766,280$752,186$738,521$725,267$674,279
3 years$515,377$500,772$486,714$473,178$460,139$410,874
4 years$382,681$368,121$354,203$340,898$328,175$281,009
5 years$303,084$288,611$274,876$261,842$249,474$204,533
6 years$250,036$235,673$222,141$209,397$197,400$154,720
7 years$212,160$197,918$184,600$172,157$160,539$120,114
8 years$183,766$169,652$156,556$144,418$133,183$94,982
9 years$161,694$147,712$134,841$123,012$112,159$76,136
10 years$144,046$130,201$117,558$106,038$95,565$61,662
11 years$129,616$115,911$103,496$92,285$82,189$50,341
12 years$117,600$104,035$91,850$80,946$71,223$41,358
13 years$107,440$94,017$82,062$71,463$62,108$34,149
14 years$98,740$85,459$73,733$63,437$54,444$28,311
15 years$91,206$78,068$66,571$56,575$47,936$23,549
16 years$84,620$71,626$60,356$50,657$42,366$19,641
17 years$78,815$65,965$54,922$45,515$37,565$16,417
18 years$73,661$60,955$50,137$41,018$33,401$13,748
19 years$69,055$56,492$45,898$37,063$29,771$11,530
20 years$64,915$52,495$42,123$33,568$26,592$9,682
21 years$61,174$48,897$38,745$30,465$23,797$8,139
22 years$57,777$45,644$35,709$27,700$21,331$6,848
23 years$54,681$42,690$32,971$25,226$19,148$5,766
24 years$51,846$39,998$30,493$23,008$17,210$4,858
25 years$49,243$37,536$28,242$21,012$15,487$4,095
26 years$46,843$35,278$26,193$19,213$13,950$3,454
27 years$44,626$33,200$24,323$17,586$12,577$2,914
28 years$42,570$31,284$22,611$16,112$11,348$2,459
29 years$40,659$29,513$21,042$14,775$10,247$2,075
30 years$38,879$27,872$19,600$13,560$9,259$1,752
31 years$37,218$26,348$18,272$12,454$8,371$1,480
32 years$35,663$24,931$17,048$11,445$7,572$1,250
33 years$34,205$23,610$15,918$10,525$6,853$1,056
34 years$32,836$22,377$14,873$9,684$6,205$892
35 years$31,549$21,224$13,905$8,915$5,620$754
36 years$30,335$20,145$13,008$8,210$5,092$637
37 years$29,190$19,133$12,175$7,564$4,615$538
38 years$28,108$18,183$11,401$6,972$4,184$455
39 years$27,083$17,290$10,682$6,429$3,794$384
40 years$26,113$16,450$10,012$5,930$3,441$325
41 years$25,192$15,659$9,388$5,471$3,122$274
42 years$24,317$14,913$8,806$5,049$2,833$232
43 years$23,485$14,209$8,264$4,661$2,571$196
44 years$22,694$13,545$7,757$4,303$2,334$166
45 years$21,939$12,916$7,283$3,974$2,119$140
46 years$21,220$12,321$6,841$3,671$1,924$118
47 years$20,533$11,758$6,427$3,392$1,747$100
48 years$19,876$11,225$6,039$3,134$1,586$85
49 years$19,249$10,719$5,677$2,896$1,441$71
50 years$18,648$10,239$5,337$2,677$1,309$60

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $19,100,000, adding $2,973 every year, while hoping to spend $32,315 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: 46/45/9 Blend
71$19,100,000$19,100,000$19,100,000$19,100,000
72$21,051,267$20,038,967$19,742,917$21,966,869
73$23,164,113$20,986,493$20,369,921$23,546,209
74$25,491,386$21,979,365$21,016,848$25,254,888
75$28,054,925$23,019,771$21,684,329$27,107,687
76$30,878,792$24,110,004$22,373,019$29,117,947
77$33,989,504$25,252,470$23,083,591$31,300,310
78$37,416,283$26,449,691$23,816,741$33,670,843
79$41,191,329$27,704,311$24,573,186$36,247,185
80$45,350,125$29,019,103$25,353,668$39,048,699
81$49,931,773$30,396,973$26,158,951$42,096,652
82$54,979,360$31,840,972$26,989,823$45,414,398
83$60,540,370$33,354,294$27,847,097$49,027,591
84$66,667,125$34,940,293$28,731,612$52,964,417
85$73,417,287$36,602,482$29,644,236$57,255,842
86$80,854,393$38,344,546$30,585,861$61,935,900
87$89,048,464$40,170,351$31,557,410$67,041,995
88$98,076,657$42,083,949$32,559,833$72,615,241
89$108,024,002$44,089,588$33,594,113$78,700,839
90$118,984,197$46,191,725$34,661,263$85,348,484
91$131,060,497$48,395,031$35,762,327$92,612,820
92$144,366,687$50,704,407$36,898,384$100,553,941
93$159,028,156$53,124,990$38,070,547$109,237,938
94$175,183,080$55,662,167$39,279,963$118,737,506
95$192,983,730$58,321,588$40,527,817$129,132,610
96$212,597,903$61,109,179$41,815,332$140,511,221
97$234,210,511$64,031,151$43,143,768$152,970,125
98$258,025,326$67,094,020$44,514,426$166,615,814
99$284,266,900$70,304,618$45,928,650$181,565,469
100$313,182,689$73,670,109$47,387,825$197,948,040