Can I retire at age 59 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%12.1%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,501,765
2 years$776,734$762,268$748,248$734,655$721,470$708,046
3 years$512,679$498,150$484,166$470,701$457,730$444,620
4 years$380,677$366,193$352,349$339,113$326,457$313,761
5 years$301,497$287,100$273,437$260,471$248,167$235,923
6 years$248,727$234,439$220,978$208,301$196,366$184,589
7 years$211,050$196,881$183,634$171,256$159,698$148,394
8 years$182,804$168,764$155,736$143,662$132,485$121,653
9 years$160,847$146,939$134,135$122,368$111,572$101,208
10 years$143,292$129,520$116,942$105,483$95,065$85,164
11 years$128,937$115,304$102,954$91,802$81,759$72,313
12 years$116,984$103,490$91,369$80,522$70,850$61,851
13 years$106,878$93,525$81,632$71,089$61,783$53,220
14 years$98,223$85,012$73,347$63,105$54,159$46,020
15 years$90,728$77,660$66,222$56,279$47,686$39,960
16 years$84,177$71,251$60,040$50,391$42,145$34,821
17 years$78,403$65,620$54,634$45,276$37,368$30,433
18 years$73,276$60,636$49,874$40,803$33,226$26,666
19 years$68,694$56,197$45,657$36,869$29,615$23,417
20 years$64,575$52,221$41,902$33,392$26,453$20,602
21 years$60,853$48,641$38,542$30,305$23,672$18,156
22 years$57,475$45,405$35,522$27,554$21,219$16,024
23 years$54,394$42,466$32,798$25,094$19,047$14,159
24 years$51,575$39,788$30,333$22,888$17,120$12,526
25 years$48,985$37,339$28,094$20,902$15,406$11,091
26 years$46,598$35,093$26,056$19,112$13,877$9,829
27 years$44,392$33,026$24,195$17,494$12,511$8,717
28 years$42,347$31,121$22,493$16,028$11,289$7,736
29 years$40,446$29,359$20,931$14,698$10,194$6,870
30 years$38,676$27,726$19,497$13,489$9,211$6,103
31 years$37,023$26,211$18,176$12,389$8,327$5,425
32 years$35,476$24,800$16,959$11,385$7,533$4,824
33 years$34,026$23,486$15,835$10,470$6,817$4,291
34 years$32,665$22,260$14,795$9,633$6,172$3,818
35 years$31,384$21,113$13,832$8,868$5,590$3,398
36 years$30,176$20,039$12,940$8,167$5,065$3,025
37 years$29,037$19,033$12,111$7,525$4,591$2,694
38 years$27,961$18,088$11,342$6,936$4,162$2,399
39 years$26,942$17,200$10,626$6,395$3,774$2,137
40 years$25,976$16,364$9,960$5,899$3,423$1,904
41 years$25,060$15,577$9,339$5,442$3,106$1,697
42 years$24,190$14,835$8,760$5,023$2,818$1,512
43 years$23,362$14,135$8,220$4,636$2,558$1,348
44 years$22,575$13,474$7,716$4,281$2,321$1,201
45 years$21,824$12,848$7,245$3,954$2,107$1,071
46 years$21,108$12,257$6,805$3,652$1,913$955
47 years$20,425$11,697$6,393$3,374$1,738$851
48 years$19,772$11,166$6,008$3,118$1,578$759
49 years$19,148$10,663$5,647$2,881$1,433$677
50 years$18,551$10,186$5,309$2,663$1,302$603

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $19,000,000, adding $4,743 every year, while hoping to spend $42,689 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: 43/48/9 Blend
58$19,000,000$19,000,000$19,000,000$19,000,000
59$20,942,892$19,935,892$19,641,392$21,788,719
60$23,033,647$20,867,330$20,253,958$23,308,961
61$25,336,227$21,842,978$20,885,614$24,950,174
62$27,872,195$22,864,957$21,536,955$26,727,143
63$30,665,309$23,935,490$22,208,593$28,652,303
64$33,741,751$25,056,909$22,901,161$30,739,292
65$37,130,370$26,231,658$23,615,311$33,003,073
66$40,862,957$27,462,299$24,351,713$35,460,063
67$44,974,545$28,751,518$25,111,062$38,128,280
68$49,503,737$30,102,130$25,894,071$41,027,500
69$54,493,073$31,517,090$26,701,477$44,179,437
70$59,989,430$32,999,491$27,534,040$47,607,934
71$66,044,464$34,552,578$28,392,543$51,339,174
72$72,715,100$36,179,755$29,277,793$55,401,920
73$80,064,064$37,884,587$30,190,624$59,827,770
74$88,160,482$39,670,814$31,131,892$64,651,443
75$97,080,525$41,542,358$32,102,485$69,911,090
76$106,908,135$43,503,330$33,103,314$75,648,642
77$117,735,810$45,558,039$34,135,321$81,910,189
78$129,665,485$47,711,005$35,199,476$88,746,399
79$142,809,486$49,966,966$36,296,780$96,212,978
80$157,291,596$52,330,889$37,428,265$104,371,180
81$173,248,220$54,807,985$38,594,994$113,288,364
82$190,829,676$57,403,714$39,798,064$123,038,611
83$210,201,610$60,123,803$41,038,606$133,703,403
84$231,546,562$62,974,256$42,317,786$145,372,371
85$255,065,687$65,961,370$43,636,807$158,144,116
86$280,980,655$69,091,746$44,996,909$172,127,118
87$309,535,746$72,372,306$46,399,370$187,440,737
88$341,000,151$75,810,308$47,845,508$204,216,307
89$375,670,516$79,413,362$49,336,681$222,598,358
90$413,873,741$83,189,449$50,874,292$242,745,941
91$455,970,066$87,146,936$52,459,785$264,834,110
92$502,356,475$91,294,598$54,094,650$289,055,535
93$553,470,438$95,641,636$55,780,423$315,622,292
94$609,794,044$100,197,697$57,518,688$344,767,829
95$671,858,550$104,972,898$59,311,078$376,749,133
96$740,249,400$109,977,847$61,159,277$411,849,122
97$815,611,746$115,223,670$63,065,020$450,379,270
98$898,656,545$120,722,030$65,030,099$492,682,512
99$990,167,263$126,485,160$67,056,358$539,136,432
100$1,091,007,279$132,525,888$69,145,701$590,156,787