Can I retire at age 80 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%13.9%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,490,601
2 years$776,734$762,268$748,248$734,655$721,470$696,868
3 years$512,679$498,150$484,166$470,701$457,730$433,778
4 years$380,677$366,193$352,349$339,113$326,457$303,339
5 years$301,497$287,100$273,437$260,471$248,167$225,951
6 years$248,727$234,439$220,978$208,301$196,366$175,076
7 years$211,050$196,881$183,634$171,256$159,698$139,342
8 years$182,804$168,764$155,736$143,662$132,485$113,058
9 years$160,847$146,939$134,135$122,368$111,572$93,064
10 years$143,292$129,520$116,942$105,483$95,065$77,460
11 years$128,937$115,304$102,954$91,802$81,759$65,040
12 years$116,984$103,490$91,369$80,522$70,850$54,996
13 years$106,878$93,525$81,632$71,089$61,783$46,769
14 years$98,223$85,012$73,347$63,105$54,159$39,961
15 years$90,728$77,660$66,222$56,279$47,686$34,277
16 years$84,177$71,251$60,040$50,391$42,145$29,499
17 years$78,403$65,620$54,634$45,276$37,368$25,457
18 years$73,276$60,636$49,874$40,803$33,226$22,020
19 years$68,694$56,197$45,657$36,869$29,615$19,085
20 years$64,575$52,221$41,902$33,392$26,453$16,570
21 years$60,853$48,641$38,542$30,305$23,672$14,407
22 years$57,475$45,405$35,522$27,554$21,219$12,542
23 years$54,394$42,466$32,798$25,094$19,047$10,931
24 years$51,575$39,788$30,333$22,888$17,120$9,536
25 years$48,985$37,339$28,094$20,902$15,406$8,325
26 years$46,598$35,093$26,056$19,112$13,877$7,274
27 years$44,392$33,026$24,195$17,494$12,511$6,359
28 years$42,347$31,121$22,493$16,028$11,289$5,562
29 years$40,446$29,359$20,931$14,698$10,194$4,867
30 years$38,676$27,726$19,497$13,489$9,211$4,261
31 years$37,023$26,211$18,176$12,389$8,327$3,732
32 years$35,476$24,800$16,959$11,385$7,533$3,269
33 years$34,026$23,486$15,835$10,470$6,817$2,865
34 years$32,665$22,260$14,795$9,633$6,172$2,511
35 years$31,384$21,113$13,832$8,868$5,590$2,201
36 years$30,176$20,039$12,940$8,167$5,065$1,930
37 years$29,037$19,033$12,111$7,525$4,591$1,693
38 years$27,961$18,088$11,342$6,936$4,162$1,484
39 years$26,942$17,200$10,626$6,395$3,774$1,302
40 years$25,976$16,364$9,960$5,899$3,423$1,142
41 years$25,060$15,577$9,339$5,442$3,106$1,002
42 years$24,190$14,835$8,760$5,023$2,818$879
43 years$23,362$14,135$8,220$4,636$2,558$772
44 years$22,575$13,474$7,716$4,281$2,321$677
45 years$21,824$12,848$7,245$3,954$2,107$594
46 years$21,108$12,257$6,805$3,652$1,913$522
47 years$20,425$11,697$6,393$3,374$1,738$458
48 years$19,772$11,166$6,008$3,118$1,578$402
49 years$19,148$10,663$5,647$2,881$1,433$353
50 years$18,551$10,186$5,309$2,663$1,302$310

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 80 starting with $19,000,000, adding $6,890 every year, while hoping to spend $43,119 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: 50/25/25 Blend
79$19,000,000$19,000,000$19,000,000$19,000,000
80$20,945,107$19,938,107$19,643,607$21,844,430
81$23,035,630$20,869,196$20,255,790$23,402,454
82$25,337,940$21,844,463$20,887,035$25,089,993
83$27,873,596$22,866,028$21,537,937$26,923,328
84$30,666,351$23,936,111$22,209,106$28,916,289
85$33,742,381$25,057,043$22,901,173$31,084,072
86$37,130,530$26,231,264$23,614,788$33,443,379
87$40,862,583$27,461,335$24,350,622$36,012,568
88$44,973,564$28,749,938$25,109,366$38,811,820
89$49,502,070$30,099,887$25,891,732$41,863,323
90$54,490,631$31,514,131$26,698,455$45,191,476
91$59,986,115$32,995,763$27,530,293$48,823,109
92$66,040,168$34,548,025$28,388,027$52,787,730
93$72,709,701$36,174,314$29,272,462$57,117,799
94$80,057,430$37,878,195$30,184,429$61,849,020
95$88,152,464$39,663,403$31,124,784$67,020,674
96$97,070,962$41,533,856$32,094,410$72,675,979
97$106,896,844$43,493,659$33,094,217$78,862,489
98$117,722,593$45,547,119$34,125,144$85,632,532
99$129,650,120$47,698,751$35,188,159$93,043,697
100$142,791,729$49,953,286$36,284,259$101,159,361