Can I retire at age 57 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%14.9%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,484,496
2 years$776,734$762,268$748,248$734,655$721,470$690,785
3 years$512,679$498,150$484,166$470,701$457,730$427,907
4 years$380,677$366,193$352,349$339,113$326,457$297,726
5 years$301,497$287,100$273,437$260,471$248,167$220,610
6 years$248,727$234,439$220,978$208,301$196,366$170,013
7 years$211,050$196,881$183,634$171,256$159,698$134,554
8 years$182,804$168,764$155,736$143,662$132,485$108,543
9 years$160,847$146,939$134,135$122,368$111,572$88,816
10 years$143,292$129,520$116,942$105,483$95,065$73,472
11 years$128,937$115,304$102,954$91,802$81,759$61,304
12 years$116,984$103,490$91,369$80,522$70,850$51,503
13 years$106,878$93,525$81,632$71,089$61,783$43,511
14 years$98,223$85,012$73,347$63,105$54,159$36,926
15 years$90,728$77,660$66,222$56,279$47,686$31,457
16 years$84,177$71,251$60,040$50,391$42,145$26,882
17 years$78,403$65,620$54,634$45,276$37,368$23,033
18 years$73,276$60,636$49,874$40,803$33,226$19,779
19 years$68,694$56,197$45,657$36,869$29,615$17,017
20 years$64,575$52,221$41,902$33,392$26,453$14,664
21 years$60,853$48,641$38,542$30,305$23,672$12,653
22 years$57,475$45,405$35,522$27,554$21,219$10,931
23 years$54,394$42,466$32,798$25,094$19,047$9,453
24 years$51,575$39,788$30,333$22,888$17,120$8,182
25 years$48,985$37,339$28,094$20,902$15,406$7,087
26 years$46,598$35,093$26,056$19,112$13,877$6,142
27 years$44,392$33,026$24,195$17,494$12,511$5,327
28 years$42,347$31,121$22,493$16,028$11,289$4,622
29 years$40,446$29,359$20,931$14,698$10,194$4,011
30 years$38,676$27,726$19,497$13,489$9,211$3,483
31 years$37,023$26,211$18,176$12,389$8,327$3,025
32 years$35,476$24,800$16,959$11,385$7,533$2,628
33 years$34,026$23,486$15,835$10,470$6,817$2,284
34 years$32,665$22,260$14,795$9,633$6,172$1,985
35 years$31,384$21,113$13,832$8,868$5,590$1,726
36 years$30,176$20,039$12,940$8,167$5,065$1,500
37 years$29,037$19,033$12,111$7,525$4,591$1,305
38 years$27,961$18,088$11,342$6,936$4,162$1,135
39 years$26,942$17,200$10,626$6,395$3,774$987
40 years$25,976$16,364$9,960$5,899$3,423$858
41 years$25,060$15,577$9,339$5,442$3,106$747
42 years$24,190$14,835$8,760$5,023$2,818$650
43 years$23,362$14,135$8,220$4,636$2,558$565
44 years$22,575$13,474$7,716$4,281$2,321$492
45 years$21,824$12,848$7,245$3,954$2,107$428
46 years$21,108$12,257$6,805$3,652$1,913$372
47 years$20,425$11,697$6,393$3,374$1,738$324
48 years$19,772$11,166$6,008$3,118$1,578$282
49 years$19,148$10,663$5,647$2,881$1,433$245
50 years$18,551$10,186$5,309$2,663$1,302$213

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $19,000,000, adding $5,004 every year, while hoping to spend $39,565 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: 63/23/14 Blend
56$19,000,000$19,000,000$19,000,000$19,000,000
57$20,943,162$19,936,162$19,641,662$22,191,535
58$23,037,267$20,870,937$20,257,560$23,963,827
59$25,343,646$21,850,190$20,892,766$25,893,332
60$27,883,907$22,876,058$21,547,883$27,999,344
61$30,681,864$23,950,783$22,223,535$30,299,026
62$33,763,757$25,076,715$22,920,367$32,811,256
63$37,158,502$26,256,316$23,639,041$35,556,799
64$40,897,962$27,492,169$24,380,242$38,558,500
65$45,017,250$28,786,981$25,144,676$41,841,490
66$49,555,058$30,143,591$25,933,071$45,433,423
67$54,554,023$31,564,976$26,746,178$49,364,727
68$60,061,130$33,054,256$27,584,771$53,668,886
69$66,128,153$34,614,703$28,449,649$58,382,750
70$72,812,147$36,249,746$29,341,635$63,546,878
71$80,175,985$37,962,982$30,261,578$69,205,910
72$88,288,949$39,758,182$31,210,355$75,408,982
73$97,227,389$41,639,300$32,188,869$82,210,186
74$107,075,439$43,610,481$33,198,052$89,669,068
75$117,925,811$45,676,073$34,238,864$97,851,182
76$129,880,674$47,840,631$35,312,297$106,828,704
77$143,052,617$50,108,935$36,419,372$116,681,099
78$157,565,707$52,485,996$37,561,144$127,495,865
79$173,556,666$54,977,067$38,738,700$139,369,347
80$191,176,160$57,587,657$39,953,160$152,407,639
81$210,590,218$60,323,543$41,205,681$166,727,568
82$231,981,805$63,190,781$42,497,456$182,457,793
83$255,552,542$66,195,722$43,829,713$199,740,003
84$281,524,614$69,345,026$45,203,722$218,730,243
85$310,142,868$72,645,675$46,620,790$239,600,374
86$341,677,121$76,104,993$48,082,266$262,539,680
87$376,424,707$79,730,658$49,589,542$287,756,645
88$414,713,287$83,530,720$51,144,052$315,480,899
89$456,903,940$87,513,623$52,747,276$345,965,377
90$503,394,572$91,688,220$54,400,739$379,488,686
91$554,623,670$96,063,795$56,106,016$416,357,718
92$611,074,447$100,650,083$57,864,729$456,910,532
93$673,279,396$105,457,293$59,678,553$501,519,523
94$741,825,323$110,496,129$61,549,214$550,594,920
95$817,358,886$115,777,819$63,478,492$604,588,636
96$900,592,694$121,314,134$65,468,224$663,998,516
97$992,312,041$127,117,419$67,520,302$729,373,010
98$1,093,382,317$133,200,621$69,636,680$801,316,329
99$1,204,757,176$139,577,314$71,819,371$880,494,125
100$1,327,487,542$146,261,736$74,070,454$967,639,747