Can I retire at age 65 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%11.4%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,506,170
2 years$776,734$762,268$748,248$734,655$721,470$712,474
3 years$512,679$498,150$484,166$470,701$457,730$448,933
4 years$380,677$366,193$352,349$339,113$326,457$317,927
5 years$301,497$287,100$273,437$260,471$248,167$239,930
6 years$248,727$234,439$220,978$208,301$196,366$188,432
7 years$211,050$196,881$183,634$171,256$159,698$152,071
8 years$182,804$168,764$155,736$143,662$132,485$125,165
9 years$160,847$146,939$134,135$122,368$111,572$104,557
10 years$143,292$129,520$116,942$105,483$95,065$88,351
11 years$128,937$115,304$102,954$91,802$81,759$75,343
12 years$116,984$103,490$91,369$80,522$70,850$64,726
13 years$106,878$93,525$81,632$71,089$61,783$55,944
14 years$98,223$85,012$73,347$63,105$54,159$48,599
15 years$90,728$77,660$66,222$56,279$47,686$42,398
16 years$84,177$71,251$60,040$50,391$42,145$37,121
17 years$78,403$65,620$54,634$45,276$37,368$32,601
18 years$73,276$60,636$49,874$40,803$33,226$28,707
19 years$68,694$56,197$45,657$36,869$29,615$25,336
20 years$64,575$52,221$41,902$33,392$26,453$22,405
21 years$60,853$48,641$38,542$30,305$23,672$19,847
22 years$57,475$45,405$35,522$27,554$21,219$17,608
23 years$54,394$42,466$32,798$25,094$19,047$15,642
24 years$51,575$39,788$30,333$22,888$17,120$13,911
25 years$48,985$37,339$28,094$20,902$15,406$12,385
26 years$46,598$35,093$26,056$19,112$13,877$11,036
27 years$44,392$33,026$24,195$17,494$12,511$9,842
28 years$42,347$31,121$22,493$16,028$11,289$8,783
29 years$40,446$29,359$20,931$14,698$10,194$7,843
30 years$38,676$27,726$19,497$13,489$9,211$7,008
31 years$37,023$26,211$18,176$12,389$8,327$6,265
32 years$35,476$24,800$16,959$11,385$7,533$5,603
33 years$34,026$23,486$15,835$10,470$6,817$5,013
34 years$32,665$22,260$14,795$9,633$6,172$4,486
35 years$31,384$21,113$13,832$8,868$5,590$4,016
36 years$30,176$20,039$12,940$8,167$5,065$3,597
37 years$29,037$19,033$12,111$7,525$4,591$3,222
38 years$27,961$18,088$11,342$6,936$4,162$2,887
39 years$26,942$17,200$10,626$6,395$3,774$2,587
40 years$25,976$16,364$9,960$5,899$3,423$2,318
41 years$25,060$15,577$9,339$5,442$3,106$2,078
42 years$24,190$14,835$8,760$5,023$2,818$1,863
43 years$23,362$14,135$8,220$4,636$2,558$1,671
44 years$22,575$13,474$7,716$4,281$2,321$1,498
45 years$21,824$12,848$7,245$3,954$2,107$1,344
46 years$21,108$12,257$6,805$3,652$1,913$1,205
47 years$20,425$11,697$6,393$3,374$1,738$1,081
48 years$19,772$11,166$6,008$3,118$1,578$970
49 years$19,148$10,663$5,647$2,881$1,433$870
50 years$18,551$10,186$5,309$2,663$1,302$781

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $19,000,000, adding $2,635 every year, while hoping to spend $21,069 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: 68/14/18 Blend
64$19,000,000$19,000,000$19,000,000$19,000,000
65$20,940,718$19,933,718$19,639,218$22,272,862
66$23,054,254$20,888,053$20,274,715$24,117,104
67$25,382,664$21,888,444$20,930,794$26,130,948
68$27,947,844$22,937,126$21,608,124$28,333,264
69$30,773,922$24,036,442$22,307,393$30,742,606
70$33,887,483$25,188,850$23,029,313$33,379,389
71$37,317,829$26,396,926$23,774,617$36,266,086
72$41,097,246$27,663,373$24,544,065$39,427,428
73$45,261,312$28,991,026$25,338,438$42,890,639
74$49,849,236$30,382,856$26,158,546$46,685,687
75$54,904,223$31,841,981$27,005,222$50,845,561
76$60,473,885$33,371,669$27,879,328$55,406,580
77$66,610,690$34,975,350$28,781,754$60,408,730
78$73,372,455$36,656,617$29,713,418$65,896,036
79$80,822,897$38,419,242$30,675,269$71,916,975
80$89,032,226$40,267,179$31,668,284$78,524,924
81$98,077,817$42,204,575$32,693,476$85,778,660
82$108,044,934$44,235,778$33,751,886$93,742,910
83$119,027,537$46,365,351$34,844,594$102,488,954
84$131,129,169$48,598,076$35,972,711$112,095,293
85$144,463,933$50,938,971$37,137,386$122,648,382
86$159,157,571$53,393,297$38,339,805$134,243,439
87$175,348,646$55,966,572$39,581,192$146,985,338
88$193,189,857$58,664,583$40,862,810$160,989,588
89$212,849,474$61,493,399$42,185,966$176,383,420
90$234,512,931$64,459,386$43,552,007$193,306,976
91$258,384,574$67,569,220$44,962,323$211,914,625
92$284,689,591$70,829,903$46,418,352$232,376,407
93$313,676,139$74,248,778$47,921,576$254,879,638
94$345,617,683$77,833,546$49,473,527$279,630,656
95$380,815,582$81,592,284$51,075,785$306,856,768
96$419,601,931$85,533,466$52,729,983$336,808,381
97$462,342,696$89,665,974$54,437,806$369,761,355
98$509,441,173$93,999,129$56,200,995$406,019,595
99$561,341,790$98,542,703$58,021,345$445,917,907
100$618,534,304$103,306,948$59,900,712$489,825,147