Can I retire at age 73 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%13.1%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,495,534
2 years$776,734$762,268$748,248$734,655$721,470$701,799
3 years$512,679$498,150$484,166$470,701$457,730$438,552
4 years$380,677$366,193$352,349$339,113$326,457$307,920
5 years$301,497$287,100$273,437$260,471$248,167$230,325
6 years$248,727$234,439$220,978$208,301$196,366$179,240
7 years$211,050$196,881$183,634$171,256$159,698$143,295
8 years$182,804$168,764$155,736$143,662$132,485$116,802
9 years$160,847$146,939$134,135$122,368$111,572$96,603
10 years$143,292$129,520$116,942$105,483$95,065$80,799
11 years$128,937$115,304$102,954$91,802$81,759$68,183
12 years$116,984$103,490$91,369$80,522$70,850$57,950
13 years$106,878$93,525$81,632$71,089$61,783$49,540
14 years$98,223$85,012$73,347$63,105$54,159$42,556
15 years$90,728$77,660$66,222$56,279$47,686$36,703
16 years$84,177$71,251$60,040$50,391$42,145$31,763
17 years$78,403$65,620$54,634$45,276$37,368$27,566
18 years$73,276$60,636$49,874$40,803$33,226$23,982
19 years$68,694$56,197$45,657$36,869$29,615$20,908
20 years$64,575$52,221$41,902$33,392$26,453$18,261
21 years$60,853$48,641$38,542$30,305$23,672$15,973
22 years$57,475$45,405$35,522$27,554$21,219$13,991
23 years$54,394$42,466$32,798$25,094$19,047$12,269
24 years$51,575$39,788$30,333$22,888$17,120$10,770
25 years$48,985$37,339$28,094$20,902$15,406$9,462
26 years$46,598$35,093$26,056$19,112$13,877$8,320
27 years$44,392$33,026$24,195$17,494$12,511$7,320
28 years$42,347$31,121$22,493$16,028$11,289$6,444
29 years$40,446$29,359$20,931$14,698$10,194$5,676
30 years$38,676$27,726$19,497$13,489$9,211$5,002
31 years$37,023$26,211$18,176$12,389$8,327$4,410
32 years$35,476$24,800$16,959$11,385$7,533$3,889
33 years$34,026$23,486$15,835$10,470$6,817$3,430
34 years$32,665$22,260$14,795$9,633$6,172$3,027
35 years$31,384$21,113$13,832$8,868$5,590$2,672
36 years$30,176$20,039$12,940$8,167$5,065$2,358
37 years$29,037$19,033$12,111$7,525$4,591$2,082
38 years$27,961$18,088$11,342$6,936$4,162$1,839
39 years$26,942$17,200$10,626$6,395$3,774$1,624
40 years$25,976$16,364$9,960$5,899$3,423$1,435
41 years$25,060$15,577$9,339$5,442$3,106$1,267
42 years$24,190$14,835$8,760$5,023$2,818$1,120
43 years$23,362$14,135$8,220$4,636$2,558$989
44 years$22,575$13,474$7,716$4,281$2,321$874
45 years$21,824$12,848$7,245$3,954$2,107$773
46 years$21,108$12,257$6,805$3,652$1,913$683
47 years$20,425$11,697$6,393$3,374$1,738$603
48 years$19,772$11,166$6,008$3,118$1,578$533
49 years$19,148$10,663$5,647$2,881$1,433$471
50 years$18,551$10,186$5,309$2,663$1,302$417

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $19,000,000, adding $6,617 every year, while hoping to spend $43,258 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: 77/10/13 Blend
72$19,000,000$19,000,000$19,000,000$19,000,000
73$20,944,825$19,937,825$19,643,325$22,502,580
74$23,035,171$20,868,753$20,255,351$24,460,845
75$25,337,283$21,843,846$20,886,429$26,601,482
76$27,872,714$22,865,223$21,537,153$28,947,598
77$30,665,217$23,935,104$22,208,133$31,519,664
78$33,740,964$25,055,819$22,900,000$34,340,217
79$37,128,796$26,229,808$23,613,404$37,434,073
80$40,860,493$27,459,629$24,349,013$40,828,557
81$44,971,077$28,747,964$25,107,519$44,553,761
82$49,499,140$30,097,627$25,889,634$48,642,822
83$54,487,207$31,511,566$26,696,091$53,132,233
84$59,982,140$32,992,870$27,527,648$58,062,184
85$66,035,579$34,544,782$28,385,085$63,476,940
86$72,704,430$36,170,698$29,269,207$69,425,250
87$80,051,400$37,874,180$30,180,844$75,960,811
88$88,145,591$39,658,963$31,120,850$83,142,765
89$97,063,151$41,528,963$32,090,109$91,036,256
90$106,887,995$43,488,284$33,089,529$99,713,041
91$117,712,590$45,541,230$34,120,049$109,252,162
92$129,638,838$47,692,314$35,182,634$119,740,688
93$142,779,030$49,946,267$36,278,283$131,274,535
94$157,256,908$52,308,051$37,408,022$143,959,360
95$173,208,833$54,782,866$38,572,911$157,911,560
96$190,785,074$57,376,167$39,774,044$173,259,363
97$210,151,223$60,093,670$41,012,546$190,144,032
98$231,489,760$62,941,373$42,289,579$208,721,194
99$255,001,777$65,925,561$43,606,341$229,162,303
100$280,908,871$69,052,826$44,964,066$251,656,252