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%13.4%
1 years$1,610,292$1,595,948$1,581,954$1,568,295$1,554,957$1,532,986
2 years$797,174$782,328$767,939$753,988$740,456$718,363
3 years$526,170$511,260$496,907$483,087$469,776$448,247
4 years$390,695$375,830$361,621$348,037$335,048$314,250
5 years$309,431$294,655$280,633$267,326$254,698$234,692
6 years$255,273$240,608$226,793$213,783$201,534$182,342
7 years$216,603$202,062$188,466$175,763$163,901$145,531
8 years$187,615$173,205$159,834$147,443$135,972$118,421
9 years$165,080$150,806$137,665$125,589$114,508$97,767
10 years$147,062$132,928$120,020$108,259$97,566$81,624
11 years$132,330$118,338$105,663$94,217$83,910$68,751
12 years$120,063$106,214$93,774$82,641$72,715$58,320
13 years$109,690$95,986$83,780$72,960$63,409$49,760
14 years$100,807$87,249$75,277$64,766$55,584$42,659
15 years$93,116$79,703$67,965$57,760$48,940$36,717
16 years$86,392$73,126$61,620$51,717$43,254$31,708
17 years$80,466$67,347$56,072$46,468$38,352$27,461
18 years$75,204$62,231$51,187$41,877$34,101$23,839
19 years$70,501$57,675$46,859$37,839$30,395$20,738
20 years$66,274$53,595$43,005$34,271$27,149$18,072
21 years$62,455$49,921$39,556$31,103$24,295$15,772
22 years$58,987$46,600$36,457$28,280$21,777$13,784
23 years$55,826$43,584$33,662$25,755$19,549$12,059
24 years$52,932$40,835$31,131$23,490$17,571$10,561
25 years$50,274$38,322$28,834$21,452$15,811$9,257
26 years$47,824$36,016$26,742$19,615$14,242$8,120
27 years$45,560$33,896$24,832$17,954$12,840$7,127
28 years$43,461$31,940$23,085$16,450$11,586$6,259
29 years$41,511$30,131$21,482$15,085$10,462$5,500
30 years$39,694$28,456$20,010$13,844$9,453$4,835
31 years$37,997$26,900$18,655$12,715$8,546$4,251
32 years$36,410$25,453$17,405$11,685$7,731$3,740
33 years$34,922$24,105$16,251$10,745$6,996$3,291
34 years$33,524$22,846$15,184$9,887$6,334$2,897
35 years$32,209$21,669$14,196$9,101$5,737$2,550
36 years$30,971$20,567$13,280$8,382$5,198$2,245
37 years$29,801$19,534$12,430$7,723$4,711$1,978
38 years$28,696$18,564$11,640$7,118$4,271$1,742
39 years$27,651$17,653$10,906$6,564$3,873$1,534
40 years$26,660$16,795$10,222$6,054$3,513$1,352
41 years$25,719$15,987$9,585$5,585$3,187$1,191
42 years$24,826$15,226$8,991$5,155$2,892$1,050
43 years$23,977$14,507$8,437$4,758$2,625$925
44 years$23,169$13,828$7,919$4,394$2,383$815
45 years$22,399$13,186$7,436$4,058$2,163$719
46 years$21,664$12,579$6,984$3,748$1,964$634
47 years$20,963$12,005$6,561$3,463$1,783$558
48 years$20,293$11,460$6,166$3,200$1,619$492
49 years$19,652$10,944$5,796$2,957$1,471$434
50 years$19,039$10,454$5,449$2,733$1,336$383

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 $6,926 every year, while hoping to spend $30,422 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: 53/29/18 Blend
74$19,500,000$19,500,000$19,500,000$19,500,000
75$21,496,144$20,462,644$20,160,394$22,529,886
76$23,656,382$21,432,945$20,803,399$24,209,324
77$26,035,945$22,449,771$21,466,924$26,031,971
78$28,657,171$23,515,370$22,151,626$28,014,544
79$31,544,677$24,632,098$22,858,180$30,172,261
80$34,725,590$25,802,426$23,587,285$32,521,850
81$38,229,802$27,028,947$24,339,661$35,081,690
82$42,090,253$28,314,376$25,116,051$37,871,986
83$46,343,242$29,661,564$25,917,221$40,914,947
84$51,028,769$31,073,496$26,743,964$44,234,993
85$56,190,912$32,553,307$27,597,097$47,858,973
86$61,878,247$34,104,281$28,477,461$51,816,414
87$68,144,299$35,729,861$29,385,927$56,139,787
88$75,048,054$37,433,661$30,323,392$60,864,811
89$82,654,514$39,219,468$31,290,783$66,030,773
90$91,035,306$41,091,254$32,289,056$71,680,897
91$100,269,364$43,053,183$33,319,197$77,862,733
92$110,443,673$45,109,623$34,382,224$84,628,606
93$121,654,087$47,265,154$35,479,188$92,036,087
94$134,006,236$49,524,578$36,611,172$100,148,534
95$147,616,522$51,892,932$37,779,297$109,035,673
96$162,613,219$54,375,498$38,984,715$118,774,245
97$179,137,684$56,977,813$40,228,619$129,448,719
98$197,345,688$59,705,686$41,512,238$141,152,069
99$217,408,891$62,565,208$42,836,841$153,986,644
100$239,516,460$65,562,765$44,203,737$168,065,116