Can I retire at age 75 with 19,500,000?

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 $19,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$1,610,292$1,595,948$1,581,954$1,568,295$1,554,957$1,510,632
2 years$797,174$782,328$767,939$753,988$740,456$696,144
3 years$526,170$511,260$496,907$483,087$469,776$426,865
4 years$390,695$375,830$361,621$348,037$335,048$293,868
5 years$309,431$294,655$280,633$267,326$254,698$215,362
6 years$255,273$240,608$226,793$213,783$201,534$164,077
7 years$216,603$202,062$188,466$175,763$163,901$128,324
8 years$187,615$173,205$159,834$147,443$135,972$102,255
9 years$165,080$150,806$137,665$125,589$114,508$82,617
10 years$147,062$132,928$120,020$108,259$97,566$67,460
11 years$132,330$118,338$105,663$94,217$83,910$55,538
12 years$120,063$106,214$93,774$82,641$72,715$46,022
13 years$109,690$95,986$83,780$72,960$63,409$38,337
14 years$100,807$87,249$75,277$64,766$55,584$32,071
15 years$93,116$79,703$67,965$57,760$48,940$26,923
16 years$86,392$73,126$61,620$51,717$43,254$22,666
17 years$80,466$67,347$56,072$46,468$38,352$19,127
18 years$75,204$62,231$51,187$41,877$34,101$16,173
19 years$70,501$57,675$46,859$37,839$30,395$13,698
20 years$66,274$53,595$43,005$34,271$27,149$11,617
21 years$62,455$49,921$39,556$31,103$24,295$9,864
22 years$58,987$46,600$36,457$28,280$21,777$8,384
23 years$55,826$43,584$33,662$25,755$19,549$7,132
24 years$52,932$40,835$31,131$23,490$17,571$6,071
25 years$50,274$38,322$28,834$21,452$15,811$5,172
26 years$47,824$36,016$26,742$19,615$14,242$4,407
27 years$45,560$33,896$24,832$17,954$12,840$3,757
28 years$43,461$31,940$23,085$16,450$11,586$3,205
29 years$41,511$30,131$21,482$15,085$10,462$2,734
30 years$39,694$28,456$20,010$13,844$9,453$2,333
31 years$37,997$26,900$18,655$12,715$8,546$1,992
32 years$36,410$25,453$17,405$11,685$7,731$1,700
33 years$34,922$24,105$16,251$10,745$6,996$1,452
34 years$33,524$22,846$15,184$9,887$6,334$1,240
35 years$32,209$21,669$14,196$9,101$5,737$1,059
36 years$30,971$20,567$13,280$8,382$5,198$905
37 years$29,801$19,534$12,430$7,723$4,711$773
38 years$28,696$18,564$11,640$7,118$4,271$660
39 years$27,651$17,653$10,906$6,564$3,873$564
40 years$26,660$16,795$10,222$6,054$3,513$482
41 years$25,719$15,987$9,585$5,585$3,187$412
42 years$24,826$15,226$8,991$5,155$2,892$352
43 years$23,977$14,507$8,437$4,758$2,625$301
44 years$23,169$13,828$7,919$4,394$2,383$257
45 years$22,399$13,186$7,436$4,058$2,163$220
46 years$21,664$12,579$6,984$3,748$1,964$188
47 years$20,963$12,005$6,561$3,463$1,783$160
48 years$20,293$11,460$6,166$3,200$1,619$137
49 years$19,652$10,944$5,796$2,957$1,471$117
50 years$19,039$10,454$5,449$2,733$1,336$100

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $19,500,000, adding $3,722 every year, while hoping to spend $29,387 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: 64/30/6 Blend
74$19,500,000$19,500,000$19,500,000$19,500,000
75$21,492,839$20,459,339$20,157,089$22,846,650
76$23,653,841$21,430,579$20,801,084$24,719,223
77$26,034,281$22,448,425$21,465,668$26,759,707
78$28,656,509$23,515,130$22,151,500$28,987,416
79$31,545,156$24,633,055$22,859,258$31,420,506
80$34,727,365$25,804,677$23,589,646$34,078,944
81$38,233,044$27,032,594$24,343,387$36,984,686
82$42,095,152$28,319,528$25,121,228$40,161,880
83$46,350,008$29,668,336$25,923,940$43,637,088
84$51,037,637$31,082,012$26,752,320$47,439,531
85$56,202,141$32,563,696$27,607,187$51,601,352
86$61,892,122$34,116,680$28,489,391$56,157,918
87$68,161,139$35,744,417$29,399,806$61,148,144
88$75,068,209$37,450,529$30,339,334$66,614,850
89$82,678,372$39,238,810$31,308,907$72,605,158
90$91,063,298$41,113,243$32,309,487$79,170,929
91$100,301,966$43,078,003$33,342,066$86,369,242
92$110,481,409$45,137,468$34,407,668$94,262,920
93$121,697,538$47,296,229$35,507,350$102,921,117
94$134,056,043$49,559,101$36,642,203$112,419,958
95$147,673,394$51,931,132$37,813,352$122,843,246
96$162,677,940$54,417,617$39,021,958$134,283,240
97$179,211,118$57,024,108$40,269,222$146,841,516
98$197,428,791$59,756,429$41,556,380$160,629,909
99$217,502,718$62,620,684$42,884,709$175,771,559
100$239,622,176$65,623,278$44,255,527$192,402,055