Can I retire at age 80 with 19,100,000?

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 $19,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,488,660
2 years$780,822$766,280$752,186$738,521$725,267$690,794
3 years$515,377$500,772$486,714$473,178$460,139$426,669
4 years$382,681$368,121$354,203$340,898$328,175$295,967
5 years$303,084$288,611$274,876$261,842$249,474$218,617
6 years$250,036$235,673$222,141$209,397$197,400$167,927
7 years$212,160$197,918$184,600$172,157$160,539$132,455
8 years$183,766$169,652$156,556$144,418$133,183$106,477
9 years$161,694$147,712$134,841$123,012$112,159$86,812
10 years$144,046$130,201$117,558$106,038$95,565$71,550
11 years$129,616$115,911$103,496$92,285$82,189$59,473
12 years$117,600$104,035$91,850$80,946$71,223$49,770
13 years$107,440$94,017$82,062$71,463$62,108$41,879
14 years$98,740$85,459$73,733$63,437$54,444$35,397
15 years$91,206$78,068$66,571$56,575$47,936$30,028
16 years$84,620$71,626$60,356$50,657$42,366$25,552
17 years$78,815$65,965$54,922$45,515$37,565$21,799
18 years$73,661$60,955$50,137$41,018$33,401$18,637
19 years$69,055$56,492$45,898$37,063$29,771$15,963
20 years$64,915$52,495$42,123$33,568$26,592$13,694
21 years$61,174$48,897$38,745$30,465$23,797$11,762
22 years$57,777$45,644$35,709$27,700$21,331$10,115
23 years$54,681$42,690$32,971$25,226$19,148$8,706
24 years$51,846$39,998$30,493$23,008$17,210$7,500
25 years$49,243$37,536$28,242$21,012$15,487$6,465
26 years$46,843$35,278$26,193$19,213$13,950$5,577
27 years$44,626$33,200$24,323$17,586$12,577$4,813
28 years$42,570$31,284$22,611$16,112$11,348$4,155
29 years$40,659$29,513$21,042$14,775$10,247$3,589
30 years$38,879$27,872$19,600$13,560$9,259$3,101
31 years$37,218$26,348$18,272$12,454$8,371$2,680
32 years$35,663$24,931$17,048$11,445$7,572$2,317
33 years$34,205$23,610$15,918$10,525$6,853$2,003
34 years$32,836$22,377$14,873$9,684$6,205$1,732
35 years$31,549$21,224$13,905$8,915$5,620$1,498
36 years$30,335$20,145$13,008$8,210$5,092$1,296
37 years$29,190$19,133$12,175$7,564$4,615$1,121
38 years$28,108$18,183$11,401$6,972$4,184$970
39 years$27,083$17,290$10,682$6,429$3,794$839
40 years$26,113$16,450$10,012$5,930$3,441$726
41 years$25,192$15,659$9,388$5,471$3,122$629
42 years$24,317$14,913$8,806$5,049$2,833$544
43 years$23,485$14,209$8,264$4,661$2,571$471
44 years$22,694$13,545$7,757$4,303$2,334$408
45 years$21,939$12,916$7,283$3,974$2,119$353
46 years$21,220$12,321$6,841$3,671$1,924$305
47 years$20,533$11,758$6,427$3,392$1,747$264
48 years$19,876$11,225$6,039$3,134$1,586$229
49 years$19,249$10,719$5,677$2,896$1,441$198
50 years$18,648$10,239$5,337$2,677$1,309$172

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 80 starting with $19,100,000, adding $3,235 every year, while hoping to spend $45,005 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: 73/9/18 Blend
79$19,100,000$19,100,000$19,100,000$19,100,000
80$21,051,537$20,039,237$19,743,187$22,499,565
81$23,150,909$20,973,275$20,356,699$24,395,089
82$25,462,908$21,951,572$20,989,255$26,465,163
83$28,009,175$22,976,249$21,641,446$28,731,733
84$30,813,557$24,049,531$22,313,880$31,214,303
85$33,902,330$25,173,749$23,007,185$33,934,351
86$37,304,451$26,351,345$23,722,009$36,915,522
87$41,051,826$27,584,883$24,459,017$40,183,849
88$45,179,617$28,877,047$25,218,899$43,768,000
89$49,726,569$30,230,652$26,002,363$47,699,541
90$54,735,376$31,648,652$26,810,139$52,013,234
91$60,253,087$33,134,139$27,642,982$56,747,360
92$66,331,549$34,690,358$28,501,668$61,944,078
93$73,027,891$36,320,710$29,386,999$67,649,818
94$80,405,073$38,028,761$30,299,800$73,915,716
95$88,532,469$39,818,250$31,240,922$80,798,095
96$97,486,531$41,693,094$32,211,243$88,358,991
97$107,351,506$43,657,404$33,211,668$96,666,732
98$118,220,230$45,715,488$34,243,130$105,796,583
99$130,195,009$47,871,862$35,306,590$115,831,450
100$143,388,580$50,131,263$36,403,041$126,862,656