Can I retire at age 53 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%17.2%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,470,713
2 years$776,734$762,268$748,248$734,655$721,470$677,124
3 years$512,679$498,150$484,166$470,701$457,730$414,801
4 years$380,677$366,193$352,349$339,113$326,457$285,275
5 years$301,497$287,100$273,437$260,471$248,167$208,844
6 years$248,727$234,439$220,978$208,301$196,366$158,937
7 years$211,050$196,881$183,634$171,256$159,698$124,163
8 years$182,804$168,764$155,736$143,662$132,485$98,823
9 years$160,847$146,939$134,135$122,368$111,572$79,748
10 years$143,292$129,520$116,942$105,483$95,065$65,035
11 years$128,937$115,304$102,954$91,802$81,759$53,473
12 years$116,984$103,490$91,369$80,522$70,850$44,253
13 years$106,878$93,525$81,632$71,089$61,783$36,813
14 years$98,223$85,012$73,347$63,105$54,159$30,754
15 years$90,728$77,660$66,222$56,279$47,686$25,780
16 years$84,177$71,251$60,040$50,391$42,145$21,673
17 years$78,403$65,620$54,634$45,276$37,368$18,263
18 years$73,276$60,636$49,874$40,803$33,226$15,419
19 years$68,694$56,197$45,657$36,869$29,615$13,039
20 years$64,575$52,221$41,902$33,392$26,453$11,042
21 years$60,853$48,641$38,542$30,305$23,672$9,362
22 years$57,475$45,405$35,522$27,554$21,219$7,945
23 years$54,394$42,466$32,798$25,094$19,047$6,748
24 years$51,575$39,788$30,333$22,888$17,120$5,735
25 years$48,985$37,339$28,094$20,902$15,406$4,877
26 years$46,598$35,093$26,056$19,112$13,877$4,150
27 years$44,392$33,026$24,195$17,494$12,511$3,532
28 years$42,347$31,121$22,493$16,028$11,289$3,008
29 years$40,446$29,359$20,931$14,698$10,194$2,562
30 years$38,676$27,726$19,497$13,489$9,211$2,183
31 years$37,023$26,211$18,176$12,389$8,327$1,860
32 years$35,476$24,800$16,959$11,385$7,533$1,585
33 years$34,026$23,486$15,835$10,470$6,817$1,351
34 years$32,665$22,260$14,795$9,633$6,172$1,152
35 years$31,384$21,113$13,832$8,868$5,590$982
36 years$30,176$20,039$12,940$8,167$5,065$838
37 years$29,037$19,033$12,111$7,525$4,591$714
38 years$27,961$18,088$11,342$6,936$4,162$609
39 years$26,942$17,200$10,626$6,395$3,774$520
40 years$25,976$16,364$9,960$5,899$3,423$443
41 years$25,060$15,577$9,339$5,442$3,106$378
42 years$24,190$14,835$8,760$5,023$2,818$323
43 years$23,362$14,135$8,220$4,636$2,558$275
44 years$22,575$13,474$7,716$4,281$2,321$235
45 years$21,824$12,848$7,245$3,954$2,107$200
46 years$21,108$12,257$6,805$3,652$1,913$171
47 years$20,425$11,697$6,393$3,374$1,738$146
48 years$19,772$11,166$6,008$3,118$1,578$124
49 years$19,148$10,663$5,647$2,881$1,433$106
50 years$18,551$10,186$5,309$2,663$1,302$91

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $19,000,000, adding $4,306 every year, while hoping to spend $51,919 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: 35/44/21 Blend
52$19,000,000$19,000,000$19,000,000$19,000,000
53$20,942,442$19,935,442$19,640,942$21,541,388
54$23,023,329$20,857,037$20,243,672$22,904,009
55$25,314,727$21,822,050$20,864,853$24,368,143
56$27,838,053$22,832,554$21,505,049$25,946,858
57$30,616,907$23,890,721$22,164,841$27,650,387
58$33,677,293$24,998,829$22,844,825$29,489,939
59$37,047,870$26,159,264$23,545,619$31,477,804
60$40,760,213$27,374,528$24,267,858$33,627,454
61$44,849,119$28,647,245$25,012,195$35,953,662
62$49,352,931$29,980,162$25,779,306$38,472,633
63$54,313,903$31,376,162$26,569,885$41,202,144
64$59,778,593$32,838,266$27,384,648$44,161,704
65$65,798,308$34,369,640$28,224,333$47,372,723
66$72,429,587$35,973,604$29,089,700$50,858,705
67$79,734,732$37,653,638$29,981,532$54,645,456
68$87,782,397$39,413,388$30,900,636$58,761,316
69$96,648,238$41,256,681$31,847,843$63,237,411
70$106,415,624$43,187,524$32,824,011$68,107,932
71$117,176,425$45,210,120$33,830,023$73,410,446
72$129,031,879$47,328,875$34,866,788$79,186,232
73$142,093,549$49,548,408$35,935,244$85,480,653
74$156,484,372$51,873,561$37,036,356$92,343,573
75$172,339,824$54,309,411$38,171,119$99,829,803
76$189,809,194$56,861,280$39,340,560$107,999,604
77$209,056,997$59,534,748$40,545,734$116,919,234
78$230,264,525$62,335,665$41,787,730$126,661,554
79$253,631,558$65,270,164$43,067,671$137,306,693
80$279,378,250$68,344,675$44,386,710$148,942,784
81$307,747,207$71,565,940$45,746,041$161,666,770
82$339,005,777$74,941,026$47,146,888$175,585,297
83$373,448,575$78,477,345$48,590,518$190,815,693
84$411,400,261$82,182,666$50,078,231$207,487,047
85$453,218,606$86,065,136$51,611,371$225,741,404
86$499,297,872$90,133,295$53,191,320$245,735,073
87$550,072,528$94,396,100$54,819,502$267,640,072
88$606,021,357$98,862,940$56,497,386$291,645,721
89$667,671,971$103,543,659$58,226,485$317,960,392
90$735,605,796$108,448,582$60,008,355$346,813,444
91$810,463,556$113,588,532$61,844,604$378,457,350
92$892,951,326$118,974,857$63,736,886$413,170,038
93$983,847,194$124,619,458$65,686,904$451,257,482
94$1,084,008,607$130,534,811$67,696,415$493,056,539
95$1,194,380,469$136,734,000$69,767,228$538,938,089
96$1,316,004,053$143,230,743$71,901,207$589,310,490
97$1,450,026,843$150,039,425$74,100,273$644,623,381
98$1,597,713,353$157,175,129$76,366,405$705,371,878
99$1,760,457,076$164,653,672$78,701,641$772,101,194
100$1,939,793,634$172,491,637$81,108,081$845,411,729