Can I retire at age 75 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%13.4%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,493,679
2 years$776,734$762,268$748,248$734,655$721,470$699,943
3 years$512,679$498,150$484,166$470,701$457,730$436,754
4 years$380,677$366,193$352,349$339,113$326,457$306,193
5 years$301,497$287,100$273,437$260,471$248,167$228,674
6 years$248,727$234,439$220,978$208,301$196,366$177,667
7 years$211,050$196,881$183,634$171,256$159,698$141,799
8 years$182,804$168,764$155,736$143,662$132,485$115,384
9 years$160,847$146,939$134,135$122,368$111,572$95,260
10 years$143,292$129,520$116,942$105,483$95,065$79,531
11 years$128,937$115,304$102,954$91,802$81,759$66,988
12 years$116,984$103,490$91,369$80,522$70,850$56,825
13 years$106,878$93,525$81,632$71,089$61,783$48,484
14 years$98,223$85,012$73,347$63,105$54,159$41,565
15 years$90,728$77,660$66,222$56,279$47,686$35,775
16 years$84,177$71,251$60,040$50,391$42,145$30,895
17 years$78,403$65,620$54,634$45,276$37,368$26,757
18 years$73,276$60,636$49,874$40,803$33,226$23,228
19 years$68,694$56,197$45,657$36,869$29,615$20,206
20 years$64,575$52,221$41,902$33,392$26,453$17,608
21 years$60,853$48,641$38,542$30,305$23,672$15,368
22 years$57,475$45,405$35,522$27,554$21,219$13,430
23 years$54,394$42,466$32,798$25,094$19,047$11,750
24 years$51,575$39,788$30,333$22,888$17,120$10,290
25 years$48,985$37,339$28,094$20,902$15,406$9,019
26 years$46,598$35,093$26,056$19,112$13,877$7,911
27 years$44,392$33,026$24,195$17,494$12,511$6,944
28 years$42,347$31,121$22,493$16,028$11,289$6,099
29 years$40,446$29,359$20,931$14,698$10,194$5,359
30 years$38,676$27,726$19,497$13,489$9,211$4,711
31 years$37,023$26,211$18,176$12,389$8,327$4,142
32 years$35,476$24,800$16,959$11,385$7,533$3,644
33 years$34,026$23,486$15,835$10,470$6,817$3,207
34 years$32,665$22,260$14,795$9,633$6,172$2,822
35 years$31,384$21,113$13,832$8,868$5,590$2,485
36 years$30,176$20,039$12,940$8,167$5,065$2,188
37 years$29,037$19,033$12,111$7,525$4,591$1,927
38 years$27,961$18,088$11,342$6,936$4,162$1,697
39 years$26,942$17,200$10,626$6,395$3,774$1,495
40 years$25,976$16,364$9,960$5,899$3,423$1,317
41 years$25,060$15,577$9,339$5,442$3,106$1,161
42 years$24,190$14,835$8,760$5,023$2,818$1,023
43 years$23,362$14,135$8,220$4,636$2,558$901
44 years$22,575$13,474$7,716$4,281$2,321$795
45 years$21,824$12,848$7,245$3,954$2,107$700
46 years$21,108$12,257$6,805$3,652$1,913$617
47 years$20,425$11,697$6,393$3,374$1,738$544
48 years$19,772$11,166$6,008$3,118$1,578$480
49 years$19,148$10,663$5,647$2,881$1,433$423
50 years$18,551$10,186$5,309$2,663$1,302$373

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $19,000,000, adding $5,399 every year, while hoping to spend $39,458 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: 69/21/10 Blend
74$19,000,000$19,000,000$19,000,000$19,000,000
75$20,943,569$19,936,569$19,642,069$22,346,438
76$23,037,830$20,871,478$20,258,095$24,212,485
77$25,344,383$21,850,875$20,893,436$26,247,867
78$27,884,841$22,876,898$21,548,697$28,473,438
79$30,683,018$23,951,789$22,224,501$30,907,866
80$33,765,158$25,077,899$22,921,494$33,571,691
81$37,160,178$26,257,691$23,640,339$36,487,511
82$40,899,947$27,493,748$24,381,721$39,680,199
83$45,019,579$28,788,779$25,146,346$43,177,125
84$49,557,771$30,145,624$25,934,943$47,008,414
85$54,557,163$31,567,259$26,748,263$51,207,223
86$60,064,745$33,056,806$27,587,081$55,810,049
87$66,132,297$34,617,538$28,452,196$60,857,069
88$72,816,879$36,252,885$29,344,432$66,392,511
89$80,181,369$37,966,445$30,264,640$72,465,067
90$88,295,059$39,761,991$31,213,695$79,128,347
91$97,234,303$41,643,477$32,192,502$86,441,373
92$107,083,245$43,615,050$33,201,994$94,469,137
93$117,934,606$45,681,057$34,243,131$103,283,200
94$129,890,566$47,846,059$35,316,906$112,962,364
95$143,063,722$50,114,835$36,424,341$123,593,404
96$157,578,157$52,492,396$37,566,491$135,271,885
97$173,570,604$54,983,999$38,744,444$148,103,045
98$191,191,745$57,595,154$39,959,322$162,202,790
99$210,607,626$60,331,639$41,212,282$177,698,771
100$232,001,227$63,199,514$42,504,517$194,731,581