Can I retire at age 74 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%17.2%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,478,454
2 years$780,822$766,280$752,186$738,521$725,267$680,688
3 years$515,377$500,772$486,714$473,178$460,139$416,985
4 years$382,681$368,121$354,203$340,898$328,175$286,776
5 years$303,084$288,611$274,876$261,842$249,474$209,943
6 years$250,036$235,673$222,141$209,397$197,400$159,774
7 years$212,160$197,918$184,600$172,157$160,539$124,817
8 years$183,766$169,652$156,556$144,418$133,183$99,343
9 years$161,694$147,712$134,841$123,012$112,159$80,167
10 years$144,046$130,201$117,558$106,038$95,565$65,377
11 years$129,616$115,911$103,496$92,285$82,189$53,755
12 years$117,600$104,035$91,850$80,946$71,223$44,486
13 years$107,440$94,017$82,062$71,463$62,108$37,007
14 years$98,740$85,459$73,733$63,437$54,444$30,916
15 years$91,206$78,068$66,571$56,575$47,936$25,916
16 years$84,620$71,626$60,356$50,657$42,366$21,787
17 years$78,815$65,965$54,922$45,515$37,565$18,359
18 years$73,661$60,955$50,137$41,018$33,401$15,500
19 years$69,055$56,492$45,898$37,063$29,771$13,108
20 years$64,915$52,495$42,123$33,568$26,592$11,100
21 years$61,174$48,897$38,745$30,465$23,797$9,411
22 years$57,777$45,644$35,709$27,700$21,331$7,987
23 years$54,681$42,690$32,971$25,226$19,148$6,783
24 years$51,846$39,998$30,493$23,008$17,210$5,765
25 years$49,243$37,536$28,242$21,012$15,487$4,903
26 years$46,843$35,278$26,193$19,213$13,950$4,171
27 years$44,626$33,200$24,323$17,586$12,577$3,551
28 years$42,570$31,284$22,611$16,112$11,348$3,023
29 years$40,659$29,513$21,042$14,775$10,247$2,575
30 years$38,879$27,872$19,600$13,560$9,259$2,194
31 years$37,218$26,348$18,272$12,454$8,371$1,870
32 years$35,663$24,931$17,048$11,445$7,572$1,594
33 years$34,205$23,610$15,918$10,525$6,853$1,358
34 years$32,836$22,377$14,873$9,684$6,205$1,158
35 years$31,549$21,224$13,905$8,915$5,620$988
36 years$30,335$20,145$13,008$8,210$5,092$842
37 years$29,190$19,133$12,175$7,564$4,615$718
38 years$28,108$18,183$11,401$6,972$4,184$613
39 years$27,083$17,290$10,682$6,429$3,794$522
40 years$26,113$16,450$10,012$5,930$3,441$446
41 years$25,192$15,659$9,388$5,471$3,122$380
42 years$24,317$14,913$8,806$5,049$2,833$324
43 years$23,485$14,209$8,264$4,661$2,571$277
44 years$22,694$13,545$7,757$4,303$2,334$236
45 years$21,939$12,916$7,283$3,974$2,119$201
46 years$21,220$12,321$6,841$3,671$1,924$172
47 years$20,533$11,758$6,427$3,392$1,747$147
48 years$19,876$11,225$6,039$3,134$1,586$125
49 years$19,249$10,719$5,677$2,896$1,441$107
50 years$18,648$10,239$5,337$2,677$1,309$91

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 74 starting with $19,100,000, adding $6,472 every year, while hoping to spend $53,636 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: 61/23/16 Blend
73$19,100,000$19,100,000$19,100,000$19,100,000
74$21,054,876$20,042,576$19,746,526$22,253,940
75$23,145,405$20,967,594$20,350,966$23,987,391
76$25,447,370$21,936,140$20,973,858$25,871,642
77$27,982,282$22,950,291$21,615,762$27,926,636
78$30,773,842$24,012,222$22,277,257$30,168,926
79$33,848,168$25,124,215$22,958,939$32,616,719
80$37,234,040$26,288,661$23,661,423$35,290,039
81$40,963,172$27,508,065$24,385,340$38,210,914
82$45,070,510$28,785,055$25,131,344$41,403,578
83$49,594,563$30,122,383$25,900,105$44,894,693
84$54,577,766$31,522,937$26,692,315$48,713,595
85$60,066,878$32,989,742$27,508,689$52,892,565
86$66,113,429$34,525,969$28,349,959$57,467,129
87$72,774,200$36,134,942$29,216,884$62,476,383
88$80,111,761$37,820,147$30,110,242$67,963,359
89$88,195,063$39,585,237$31,030,837$73,975,421
90$97,100,087$41,434,040$31,979,498$80,564,707
91$106,910,561$43,370,573$32,957,076$87,788,608
92$117,718,750$45,399,044$33,964,450$95,710,311
93$129,626,329$47,523,863$35,002,526$104,399,375
94$142,745,340$49,749,657$36,072,235$113,932,389
95$157,199,249$52,081,275$37,174,539$124,393,677
96$173,124,114$54,523,799$38,310,428$135,876,092
97$190,669,867$57,082,559$39,480,921$148,481,875
98$210,001,731$59,763,142$40,687,069$162,323,613
99$231,301,776$62,571,404$41,929,955$177,525,292
100$254,770,642$65,513,487$43,210,693$194,223,451