Can I retire at age 75 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%13.6%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,492,445
2 years$776,734$762,268$748,248$734,655$721,470$698,710
3 years$512,679$498,150$484,166$470,701$457,730$435,560
4 years$380,677$366,193$352,349$339,113$326,457$305,048
5 years$301,497$287,100$273,437$260,471$248,167$227,581
6 years$248,727$234,439$220,978$208,301$196,366$176,626
7 years$211,050$196,881$183,634$171,256$159,698$140,811
8 years$182,804$168,764$155,736$143,662$132,485$114,448
9 years$160,847$146,939$134,135$122,368$111,572$94,376
10 years$143,292$129,520$116,942$105,483$95,065$78,697
11 years$128,937$115,304$102,954$91,802$81,759$66,202
12 years$116,984$103,490$91,369$80,522$70,850$56,087
13 years$106,878$93,525$81,632$71,089$61,783$47,791
14 years$98,223$85,012$73,347$63,105$54,159$40,916
15 years$90,728$77,660$66,222$56,279$47,686$35,169
16 years$84,177$71,251$60,040$50,391$42,145$30,330
17 years$78,403$65,620$54,634$45,276$37,368$26,229
18 years$73,276$60,636$49,874$40,803$33,226$22,737
19 years$68,694$56,197$45,657$36,869$29,615$19,750
20 years$64,575$52,221$41,902$33,392$26,453$17,186
21 years$60,853$48,641$38,542$30,305$23,672$14,976
22 years$57,475$45,405$35,522$27,554$21,219$13,068
23 years$54,394$42,466$32,798$25,094$19,047$11,416
24 years$51,575$39,788$30,333$22,888$17,120$9,982
25 years$48,985$37,339$28,094$20,902$15,406$8,735
26 years$46,598$35,093$26,056$19,112$13,877$7,650
27 years$44,392$33,026$24,195$17,494$12,511$6,704
28 years$42,347$31,121$22,493$16,028$11,289$5,878
29 years$40,446$29,359$20,931$14,698$10,194$5,157
30 years$38,676$27,726$19,497$13,489$9,211$4,525
31 years$37,023$26,211$18,176$12,389$8,327$3,973
32 years$35,476$24,800$16,959$11,385$7,533$3,489
33 years$34,026$23,486$15,835$10,470$6,817$3,065
34 years$32,665$22,260$14,795$9,633$6,172$2,693
35 years$31,384$21,113$13,832$8,868$5,590$2,367
36 years$30,176$20,039$12,940$8,167$5,065$2,081
37 years$29,037$19,033$12,111$7,525$4,591$1,830
38 years$27,961$18,088$11,342$6,936$4,162$1,609
39 years$26,942$17,200$10,626$6,395$3,774$1,415
40 years$25,976$16,364$9,960$5,899$3,423$1,244
41 years$25,060$15,577$9,339$5,442$3,106$1,095
42 years$24,190$14,835$8,760$5,023$2,818$963
43 years$23,362$14,135$8,220$4,636$2,558$847
44 years$22,575$13,474$7,716$4,281$2,321$745
45 years$21,824$12,848$7,245$3,954$2,107$656
46 years$21,108$12,257$6,805$3,652$1,913$577
47 years$20,425$11,697$6,393$3,374$1,738$508
48 years$19,772$11,166$6,008$3,118$1,578$447
49 years$19,148$10,663$5,647$2,881$1,433$393
50 years$18,551$10,186$5,309$2,663$1,302$346

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $19,000,000, adding $2,591 every year, while hoping to spend $27,355 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: 71/23/6 Blend
74$19,000,000$19,000,000$19,000,000$19,000,000
75$20,940,673$19,933,673$19,639,173$22,411,394
76$23,047,516$20,881,317$20,267,979$24,330,184
77$25,368,340$21,874,479$20,916,934$26,425,984
78$27,924,943$22,915,361$21,586,684$28,719,067
79$30,741,343$24,006,270$22,277,894$31,228,824
80$33,844,011$25,149,627$22,991,254$33,976,593
81$37,262,112$26,347,971$23,727,473$36,985,850
82$41,027,789$27,603,964$24,487,285$40,282,432
83$45,176,461$28,920,395$25,271,447$43,894,772
84$49,747,158$30,300,193$26,080,738$47,854,162
85$54,782,892$31,746,426$26,915,966$52,195,047
86$60,331,058$33,262,312$27,777,962$56,955,337
87$66,443,887$34,851,226$28,667,585$62,176,767
88$73,178,935$36,516,708$29,585,721$67,905,278
89$80,599,627$38,262,468$30,533,284$74,191,448
90$88,775,858$40,092,398$31,511,218$81,090,961
91$97,784,650$42,010,579$32,520,497$88,665,126
92$107,710,878$44,021,291$33,562,128$96,981,447
93$118,648,076$46,129,023$34,637,147$106,114,252
94$130,699,314$48,338,480$35,746,627$116,145,390
95$143,978,177$50,654,598$36,891,671$127,164,989
96$158,609,830$53,082,553$38,073,422$139,272,302
97$174,732,208$55,627,773$39,293,056$152,576,634
98$192,497,310$58,295,950$40,551,790$167,198,360
99$212,072,638$61,093,054$41,850,878$183,270,058
100$233,642,779$64,025,345$43,191,614$200,937,740