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%18.5%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,463,077
2 years$776,734$762,268$748,248$734,655$721,470$669,600
3 years$512,679$498,150$484,166$470,701$457,730$407,630
4 years$380,677$366,193$352,349$339,113$326,457$278,510
5 years$301,497$287,100$273,437$260,471$248,167$202,500
6 years$248,727$234,439$220,978$208,301$196,366$153,014
7 years$211,050$196,881$183,634$171,256$159,698$118,654
8 years$182,804$168,764$155,736$143,662$132,485$93,716
9 years$160,847$146,939$134,135$122,368$111,572$75,030
10 years$143,292$129,520$116,942$105,483$95,065$60,690
11 years$128,937$115,304$102,954$91,802$81,759$49,483
12 years$116,984$103,490$91,369$80,522$70,850$40,599
13 years$106,878$93,525$81,632$71,089$61,783$33,477
14 years$98,223$85,012$73,347$63,105$54,159$27,715
15 years$90,728$77,660$66,222$56,279$47,686$23,020
16 years$84,177$71,251$60,040$50,391$42,145$19,172
17 years$78,403$65,620$54,634$45,276$37,368$16,002
18 years$73,276$60,636$49,874$40,803$33,226$13,380
19 years$68,694$56,197$45,657$36,869$29,615$11,205
20 years$64,575$52,221$41,902$33,392$26,453$9,395
21 years$60,853$48,641$38,542$30,305$23,672$7,885
22 years$57,475$45,405$35,522$27,554$21,219$6,624
23 years$54,394$42,466$32,798$25,094$19,047$5,569
24 years$51,575$39,788$30,333$22,888$17,120$4,684
25 years$48,985$37,339$28,094$20,902$15,406$3,942
26 years$46,598$35,093$26,056$19,112$13,877$3,319
27 years$44,392$33,026$24,195$17,494$12,511$2,796
28 years$42,347$31,121$22,493$16,028$11,289$2,356
29 years$40,446$29,359$20,931$14,698$10,194$1,985
30 years$38,676$27,726$19,497$13,489$9,211$1,673
31 years$37,023$26,211$18,176$12,389$8,327$1,411
32 years$35,476$24,800$16,959$11,385$7,533$1,189
33 years$34,026$23,486$15,835$10,470$6,817$1,003
34 years$32,665$22,260$14,795$9,633$6,172$846
35 years$31,384$21,113$13,832$8,868$5,590$714
36 years$30,176$20,039$12,940$8,167$5,065$602
37 years$29,037$19,033$12,111$7,525$4,591$508
38 years$27,961$18,088$11,342$6,936$4,162$428
39 years$26,942$17,200$10,626$6,395$3,774$361
40 years$25,976$16,364$9,960$5,899$3,423$305
41 years$25,060$15,577$9,339$5,442$3,106$257
42 years$24,190$14,835$8,760$5,023$2,818$217
43 years$23,362$14,135$8,220$4,636$2,558$183
44 years$22,575$13,474$7,716$4,281$2,321$155
45 years$21,824$12,848$7,245$3,954$2,107$130
46 years$21,108$12,257$6,805$3,652$1,913$110
47 years$20,425$11,697$6,393$3,374$1,738$93
48 years$19,772$11,166$6,008$3,118$1,578$78
49 years$19,148$10,663$5,647$2,881$1,433$66
50 years$18,551$10,186$5,309$2,663$1,302$56

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 $3,486 every year, while hoping to spend $26,766 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: 57/18/25 Blend
79$19,000,000$19,000,000$19,000,000$19,000,000
80$20,941,596$19,934,596$19,640,096$21,992,543
81$23,049,160$20,882,912$20,269,560$23,660,504
82$25,370,798$21,876,799$20,919,215$25,474,405
83$27,928,318$22,918,461$21,589,707$27,450,881
84$30,745,751$24,010,210$22,281,706$29,605,634
85$33,849,577$25,154,470$22,995,903$31,955,936
86$37,268,978$26,353,783$23,733,010$34,520,779
87$41,036,111$27,610,815$24,493,763$37,321,057
88$45,186,410$28,928,361$25,278,920$40,379,751
89$49,758,925$30,309,352$26,089,265$43,722,147
90$54,796,688$31,756,862$26,925,607$47,376,062
91$60,347,115$33,274,114$27,788,781$51,372,107
92$66,462,464$34,864,488$28,679,647$55,743,966
93$73,200,316$36,531,529$29,599,096$60,528,709
94$80,624,127$38,278,953$30,548,045$65,767,133
95$88,803,825$40,110,658$31,527,441$71,504,144
96$97,816,467$42,030,732$32,538,262$77,789,168
97$107,746,970$44,043,461$33,581,518$84,676,616
98$118,688,910$46,153,341$34,658,248$92,226,386
99$130,745,409$48,365,084$35,769,529$100,504,418
100$144,030,103$50,683,636$36,916,471$109,583,314