Can I retire at age 75 with 19,500,000?

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 $19,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$1,610,292$1,595,948$1,581,954$1,568,295$1,554,957$1,531,720
2 years$797,174$782,328$767,939$753,988$740,456$717,098
3 years$526,170$511,260$496,907$483,087$469,776$447,022
4 years$390,695$375,830$361,621$348,037$335,048$313,075
5 years$309,431$294,655$280,633$267,326$254,698$233,569
6 years$255,273$240,608$226,793$213,783$201,534$181,274
7 years$216,603$202,062$188,466$175,763$163,901$144,517
8 years$187,615$173,205$159,834$147,443$135,972$117,460
9 years$165,080$150,806$137,665$125,589$114,508$96,859
10 years$147,062$132,928$120,020$108,259$97,566$80,768
11 years$132,330$118,338$105,663$94,217$83,910$67,944
12 years$120,063$106,214$93,774$82,641$72,715$57,563
13 years$109,690$95,986$83,780$72,960$63,409$49,049
14 years$100,807$87,249$75,277$64,766$55,584$41,993
15 years$93,116$79,703$67,965$57,760$48,940$36,095
16 years$86,392$73,126$61,620$51,717$43,254$31,128
17 years$80,466$67,347$56,072$46,468$38,352$26,920
18 years$75,204$62,231$51,187$41,877$34,101$23,336
19 years$70,501$57,675$46,859$37,839$30,395$20,270
20 years$66,274$53,595$43,005$34,271$27,149$17,638
21 years$62,455$49,921$39,556$31,103$24,295$15,371
22 years$58,987$46,600$36,457$28,280$21,777$13,412
23 years$55,826$43,584$33,662$25,755$19,549$11,716
24 years$52,932$40,835$31,131$23,490$17,571$10,244
25 years$50,274$38,322$28,834$21,452$15,811$8,965
26 years$47,824$36,016$26,742$19,615$14,242$7,851
27 years$45,560$33,896$24,832$17,954$12,840$6,880
28 years$43,461$31,940$23,085$16,450$11,586$6,033
29 years$41,511$30,131$21,482$15,085$10,462$5,292
30 years$39,694$28,456$20,010$13,844$9,453$4,645
31 years$37,997$26,900$18,655$12,715$8,546$4,078
32 years$36,410$25,453$17,405$11,685$7,731$3,581
33 years$34,922$24,105$16,251$10,745$6,996$3,146
34 years$33,524$22,846$15,184$9,887$6,334$2,764
35 years$32,209$21,669$14,196$9,101$5,737$2,429
36 years$30,971$20,567$13,280$8,382$5,198$2,136
37 years$29,801$19,534$12,430$7,723$4,711$1,878
38 years$28,696$18,564$11,640$7,118$4,271$1,651
39 years$27,651$17,653$10,906$6,564$3,873$1,452
40 years$26,660$16,795$10,222$6,054$3,513$1,277
41 years$25,719$15,987$9,585$5,585$3,187$1,123
42 years$24,826$15,226$8,991$5,155$2,892$988
43 years$23,977$14,507$8,437$4,758$2,625$869
44 years$23,169$13,828$7,919$4,394$2,383$765
45 years$22,399$13,186$7,436$4,058$2,163$673
46 years$21,664$12,579$6,984$3,748$1,964$592
47 years$20,963$12,005$6,561$3,463$1,783$521
48 years$20,293$11,460$6,166$3,200$1,619$459
49 years$19,652$10,944$5,796$2,957$1,471$404
50 years$19,039$10,454$5,449$2,733$1,336$355

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $19,500,000, adding $2,716 every year, while hoping to spend $36,174 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: 63/27/10 Blend
74$19,500,000$19,500,000$19,500,000$19,500,000
75$21,491,802$20,458,302$20,156,052$22,798,204
76$23,645,476$21,422,269$20,792,790$24,635,584
77$26,017,614$22,432,259$21,449,648$26,636,508
78$28,630,459$23,490,488$22,127,259$28,820,356
79$31,508,524$24,599,280$22,826,280$31,204,873
80$34,678,820$25,761,073$23,547,388$33,809,571
81$38,171,115$26,978,420$24,291,281$36,655,914
82$42,018,208$28,254,002$25,058,678$39,767,504
83$46,256,244$29,590,627$25,850,323$43,170,310
84$50,925,054$30,991,240$26,666,981$46,892,897
85$56,068,528$32,458,930$27,509,444$50,966,693
86$61,735,034$33,996,933$28,378,526$55,426,279
87$67,977,870$35,608,646$29,275,069$60,309,708
88$74,855,770$37,297,627$30,199,941$65,658,852
89$82,433,457$39,067,609$31,154,038$71,519,797
90$90,782,253$40,922,506$32,138,282$77,943,263
91$99,980,755$42,866,421$33,153,627$84,985,077
92$110,115,574$44,903,657$34,201,055$92,706,691
93$121,282,153$47,038,727$35,281,580$101,175,749
94$133,585,669$49,276,360$36,396,250$110,466,720
95$147,142,025$51,621,519$37,546,141$120,661,588
96$162,078,943$54,079,406$38,732,369$131,850,613
97$178,537,173$56,655,474$39,956,081$144,133,176
98$196,671,816$59,355,444$41,218,462$157,618,702
99$216,653,795$62,185,315$42,520,734$172,427,678
100$238,671,461$65,151,374$43,864,157$188,692,783