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%16.5%
1 years$1,593,776$1,579,579$1,565,729$1,552,210$1,539,009$1,498,158
2 years$788,998$774,304$760,063$746,255$732,861$691,990
3 years$520,774$506,016$491,811$478,133$464,957$425,344
4 years$386,688$371,975$357,912$344,468$331,612$293,561
5 years$306,257$291,633$277,755$264,584$252,086$215,703
6 years$252,655$238,140$224,467$211,590$199,467$164,788
7 years$214,382$199,990$186,533$173,960$162,220$129,246
8 years$185,691$171,428$158,195$145,931$134,577$103,292
9 years$163,387$149,259$136,253$124,301$113,333$83,708
10 years$145,554$131,565$118,789$107,148$96,566$68,564
11 years$130,973$117,124$104,580$93,251$83,050$56,629
12 years$118,831$105,124$92,812$81,794$71,969$47,081
13 years$108,565$95,002$82,921$72,212$62,759$39,351
14 years$99,774$86,354$74,505$64,101$55,014$33,033
15 years$92,161$78,886$67,268$57,167$48,438$27,828
16 years$85,506$72,376$60,988$51,187$42,810$23,512
17 years$79,641$66,656$55,497$45,991$37,958$19,914
18 years$74,433$61,593$50,662$41,447$33,751$16,900
19 years$69,778$57,084$46,378$37,451$30,083$14,368
20 years$65,595$53,045$42,564$33,919$26,871$12,232
21 years$61,814$49,409$39,150$30,784$24,046$10,427
22 years$58,382$46,122$36,083$27,990$21,554$8,897
23 years$55,253$43,137$33,316$25,491$19,348$7,598
24 years$52,389$40,416$30,812$23,249$17,390$6,494
25 years$49,758$37,929$28,538$21,232$15,649$5,553
26 years$47,334$35,647$26,468$19,414$14,096$4,752
27 years$45,093$33,548$24,578$17,770$12,709$4,068
28 years$43,015$31,612$22,848$16,281$11,467$3,483
29 years$41,085$29,822$21,262$14,930$10,355$2,984
30 years$39,286$28,164$19,805$13,702$9,356$2,557
31 years$37,607$26,624$18,463$12,584$8,459$2,192
32 years$36,036$25,192$17,227$11,565$7,652$1,879
33 years$34,563$23,857$16,085$10,635$6,925$1,611
34 years$33,180$22,611$15,029$9,785$6,269$1,382
35 years$31,879$21,446$14,051$9,008$5,678$1,185
36 years$30,653$20,356$13,144$8,296$5,145$1,016
37 years$29,496$19,333$12,303$7,644$4,663$872
38 years$28,402$18,374$11,521$7,045$4,228$748
39 years$27,367$17,471$10,794$6,496$3,834$642
40 years$26,386$16,623$10,117$5,992$3,477$551
41 years$25,456$15,823$9,487$5,528$3,155$473
42 years$24,572$15,070$8,899$5,102$2,863$406
43 years$23,731$14,358$8,350$4,710$2,598$348
44 years$22,931$13,686$7,838$4,349$2,358$299
45 years$22,169$13,051$7,360$4,016$2,141$256
46 years$21,442$12,450$6,912$3,710$1,944$220
47 years$20,748$11,881$6,494$3,427$1,765$189
48 years$20,085$11,342$6,103$3,167$1,603$162
49 years$19,450$10,831$5,736$2,927$1,456$139
50 years$18,844$10,347$5,393$2,705$1,322$119

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 $4,808 every year, while hoping to spend $27,871 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: 73/15/12 Blend
74$19,300,000$19,300,000$19,300,000$19,300,000
75$21,273,559$20,250,659$19,951,509$22,774,129
76$23,413,808$21,213,287$20,590,230$24,729,528
77$25,771,428$22,222,150$21,249,415$26,866,716
78$28,368,561$23,279,483$21,929,718$29,206,831
79$31,229,608$24,387,631$22,631,817$31,769,956
80$34,381,457$25,549,054$23,356,412$34,578,194
81$37,853,737$26,766,329$24,104,223$37,655,877
82$41,679,099$28,042,159$24,875,995$41,029,788
83$45,893,522$29,379,381$25,672,496$44,729,413
84$50,536,656$30,780,965$26,494,519$48,787,215
85$55,652,192$32,250,030$27,342,883$53,238,934
86$61,288,278$33,789,844$28,218,432$58,123,921
87$67,497,971$35,403,835$29,122,038$63,485,507
88$74,339,739$37,095,598$30,054,602$69,371,404
89$81,878,013$38,868,901$31,017,050$75,834,151
90$90,183,791$40,727,699$32,010,343$82,931,608
91$99,335,318$42,676,136$33,035,469$90,727,492
92$109,418,812$44,718,559$34,093,450$99,291,973
93$120,529,289$46,859,526$35,185,338$108,702,336
94$132,771,452$49,103,818$36,312,222$119,043,698
95$146,260,683$51,456,448$37,475,224$130,409,806
96$161,124,131$53,922,673$38,675,503$142,903,920
97$177,501,914$56,508,006$39,914,255$156,639,773
98$195,548,440$59,218,228$41,192,712$171,742,642
99$215,433,863$62,059,404$42,512,150$188,350,524
100$237,345,693$65,037,890$43,873,883$206,615,425