Can I retire at age 72 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%19.2%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,466,689
2 years$780,822$766,280$752,186$738,521$725,267$669,110
3 years$515,377$500,772$486,714$473,178$460,139$405,963
4 years$382,681$368,121$354,203$340,898$328,175$276,393
5 years$303,084$288,611$274,876$261,842$249,474$200,220
6 years$250,036$235,673$222,141$209,397$197,400$150,710
7 years$212,160$197,918$184,600$172,157$160,539$116,400
8 years$183,766$169,652$156,556$144,418$133,183$91,556
9 years$161,694$147,712$134,841$123,012$112,159$72,986
10 years$144,046$130,201$117,558$106,038$95,565$58,776
11 years$129,616$115,911$103,496$92,285$82,189$47,705
12 years$117,600$104,035$91,850$80,946$71,223$38,958
13 years$107,440$94,017$82,062$71,463$62,108$31,971
14 years$98,740$85,459$73,733$63,437$54,444$26,339
15 years$91,206$78,068$66,571$56,575$47,936$21,769
16 years$84,620$71,626$60,356$50,657$42,366$18,038
17 years$78,815$65,965$54,922$45,515$37,565$14,978
18 years$73,661$60,955$50,137$41,018$33,401$12,459
19 years$69,055$56,492$45,898$37,063$29,771$10,378
20 years$64,915$52,495$42,123$33,568$26,592$8,655
21 years$61,174$48,897$38,745$30,465$23,797$7,225
22 years$57,777$45,644$35,709$27,700$21,331$6,036
23 years$54,681$42,690$32,971$25,226$19,148$5,047
24 years$51,846$39,998$30,493$23,008$17,210$4,222
25 years$49,243$37,536$28,242$21,012$15,487$3,533
26 years$46,843$35,278$26,193$19,213$13,950$2,958
27 years$44,626$33,200$24,323$17,586$12,577$2,477
28 years$42,570$31,284$22,611$16,112$11,348$2,075
29 years$40,659$29,513$21,042$14,775$10,247$1,739
30 years$38,879$27,872$19,600$13,560$9,259$1,457
31 years$37,218$26,348$18,272$12,454$8,371$1,222
32 years$35,663$24,931$17,048$11,445$7,572$1,024
33 years$34,205$23,610$15,918$10,525$6,853$859
34 years$32,836$22,377$14,873$9,684$6,205$720
35 years$31,549$21,224$13,905$8,915$5,620$604
36 years$30,335$20,145$13,008$8,210$5,092$506
37 years$29,190$19,133$12,175$7,564$4,615$425
38 years$28,108$18,183$11,401$6,972$4,184$356
39 years$27,083$17,290$10,682$6,429$3,794$299
40 years$26,113$16,450$10,012$5,930$3,441$251
41 years$25,192$15,659$9,388$5,471$3,122$210
42 years$24,317$14,913$8,806$5,049$2,833$176
43 years$23,485$14,209$8,264$4,661$2,571$148
44 years$22,694$13,545$7,757$4,303$2,334$124
45 years$21,939$12,916$7,283$3,974$2,119$104
46 years$21,220$12,321$6,841$3,671$1,924$87
47 years$20,533$11,758$6,427$3,392$1,747$73
48 years$19,876$11,225$6,039$3,134$1,586$61
49 years$19,249$10,719$5,677$2,896$1,441$52
50 years$18,648$10,239$5,337$2,677$1,309$43

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $19,100,000, adding $3,470 every year, while hoping to spend $34,690 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: 62/11/27 Blend
71$19,100,000$19,100,000$19,100,000$19,100,000
72$21,051,779$20,039,479$19,743,429$22,204,800
73$23,162,151$20,984,504$20,367,924$23,933,144
74$25,486,618$21,974,672$21,012,177$25,815,434
75$28,046,981$23,012,159$21,676,813$27,870,049
76$30,867,264$24,099,246$22,362,478$30,113,846
77$33,973,940$25,238,324$23,069,836$32,565,373
78$37,396,181$26,431,901$23,799,574$35,245,044
79$41,166,132$27,682,605$24,552,401$38,175,322
80$45,319,219$28,993,194$25,329,047$41,380,934
81$49,894,475$30,366,556$26,130,266$44,889,093
82$54,934,918$31,805,723$26,956,836$48,729,756
83$60,487,948$33,313,873$27,809,559$52,935,901
84$66,605,803$34,894,336$28,689,263$57,543,834
85$73,346,043$36,550,607$29,596,802$62,593,524
86$80,772,100$38,286,348$30,533,056$68,128,979
87$88,953,876$40,105,401$31,498,935$74,198,655
88$97,968,398$42,011,792$32,495,376$80,855,906
89$107,900,550$44,009,745$33,523,346$88,159,487
90$118,843,871$46,103,688$34,583,843$96,174,097
91$130,901,442$48,298,264$35,677,898$104,970,987
92$144,186,853$50,598,343$36,806,571$114,628,626
93$158,825,279$53,009,030$37,970,959$125,233,433
94$174,954,664$55,535,678$39,172,192$136,880,590
95$192,727,016$58,183,902$40,411,437$149,674,928
96$212,309,847$60,959,589$41,689,896$163,731,915
97$233,887,754$63,868,912$43,008,810$179,178,731
98$257,664,161$66,918,344$44,369,461$196,155,470
99$283,863,236$70,114,674$45,773,169$214,816,445
100$312,732,013$73,465,020$47,221,297$235,331,640