Can I retire at age 75 with 19,300,000?

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 $19,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$1,593,776$1,579,579$1,565,729$1,552,210$1,539,009$1,520,408
2 years$788,998$774,304$760,063$746,255$732,861$714,142
3 years$520,774$506,016$491,811$478,133$464,957$446,700
4 years$386,688$371,975$357,912$344,468$331,612$313,958
5 years$306,257$291,633$277,755$264,584$252,086$235,087
6 years$252,655$238,140$224,467$211,590$199,467$183,144
7 years$214,382$199,990$186,533$173,960$162,220$146,579
8 years$185,691$171,428$158,195$145,931$134,577$119,616
9 years$163,387$149,259$136,253$124,301$113,333$99,047
10 years$145,554$131,565$118,789$107,148$96,566$82,944
11 years$130,973$117,124$104,580$93,251$83,050$70,080
12 years$118,831$105,124$92,812$81,794$71,969$59,638
13 years$108,565$95,002$82,921$72,212$62,759$51,050
14 years$99,774$86,354$74,505$64,101$55,014$43,911
15 years$92,161$78,886$67,268$57,167$48,438$37,924
16 years$85,506$72,376$60,988$51,187$42,810$32,864
17 years$79,641$66,656$55,497$45,991$37,958$28,563
18 years$74,433$61,593$50,662$41,447$33,751$24,885
19 years$69,778$57,084$46,378$37,451$30,083$21,727
20 years$65,595$53,045$42,564$33,919$26,871$19,004
21 years$61,814$49,409$39,150$30,784$24,046$16,648
22 years$58,382$46,122$36,083$27,990$21,554$14,604
23 years$55,253$43,137$33,316$25,491$19,348$12,826
24 years$52,389$40,416$30,812$23,249$17,390$11,276
25 years$49,758$37,929$28,538$21,232$15,649$9,923
26 years$47,334$35,647$26,468$19,414$14,096$8,739
27 years$45,093$33,548$24,578$17,770$12,709$7,701
28 years$43,015$31,612$22,848$16,281$11,467$6,790
29 years$41,085$29,822$21,262$14,930$10,355$5,991
30 years$39,286$28,164$19,805$13,702$9,356$5,288
31 years$37,607$26,624$18,463$12,584$8,459$4,669
32 years$36,036$25,192$17,227$11,565$7,652$4,125
33 years$34,563$23,857$16,085$10,635$6,925$3,645
34 years$33,180$22,611$15,029$9,785$6,269$3,221
35 years$31,879$21,446$14,051$9,008$5,678$2,848
36 years$30,653$20,356$13,144$8,296$5,145$2,518
37 years$29,496$19,333$12,303$7,644$4,663$2,227
38 years$28,402$18,374$11,521$7,045$4,228$1,970
39 years$27,367$17,471$10,794$6,496$3,834$1,743
40 years$26,386$16,623$10,117$5,992$3,477$1,542
41 years$25,456$15,823$9,487$5,528$3,155$1,365
42 years$24,572$15,070$8,899$5,102$2,863$1,208
43 years$23,731$14,358$8,350$4,710$2,598$1,069
44 years$22,931$13,686$7,838$4,349$2,358$946
45 years$22,169$13,051$7,360$4,016$2,141$838
46 years$21,442$12,450$6,912$3,710$1,944$742
47 years$20,748$11,881$6,494$3,427$1,765$657
48 years$20,085$11,342$6,103$3,167$1,603$581
49 years$19,450$10,831$5,736$2,927$1,456$515
50 years$18,844$10,347$5,393$2,705$1,322$456

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $19,300,000, adding $6,222 every year, while hoping to spend $50,906 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: 67/23/10 Blend
74$19,300,000$19,300,000$19,300,000$19,300,000
75$21,275,018$20,252,118$19,952,968$22,656,032
76$23,390,906$21,190,308$20,567,229$24,513,144
77$25,720,909$22,172,764$21,200,361$26,536,091
78$28,286,812$23,201,599$21,852,944$28,746,417
79$31,112,622$24,279,033$22,525,572$31,162,445
80$34,224,792$25,407,388$23,218,862$33,804,329
81$37,652,472$26,589,101$23,933,444$36,694,247
82$41,427,782$27,826,725$24,669,973$39,856,597
83$45,586,120$29,122,939$25,429,121$43,318,230
84$50,166,488$30,480,546$26,211,580$47,108,691
85$55,211,866$31,902,490$27,018,065$51,260,501
86$60,769,618$33,391,854$27,849,312$55,809,446
87$66,891,935$34,951,870$28,706,079$60,794,922
88$73,636,327$36,585,927$29,589,148$66,260,290
89$81,066,172$38,297,577$30,499,325$72,253,284
90$89,251,309$40,090,545$31,437,438$78,826,453
91$98,268,695$41,968,734$32,404,345$86,037,649
92$108,203,137$43,936,238$33,400,927$93,950,567
93$119,148,091$45,997,347$34,428,091$102,635,337
94$131,206,539$48,156,560$35,486,775$112,169,180
95$144,491,967$50,418,592$36,577,943$122,637,123
96$159,129,433$52,788,389$37,702,590$134,132,798
97$175,256,748$55,271,133$38,861,739$146,759,313
98$193,025,777$57,872,259$40,056,448$160,630,216
99$212,603,871$60,597,464$41,287,804$175,870,557
100$234,175,449$63,452,723$42,556,929$192,618,057