Can I retire at age 53 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%18.9%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,468,437
2 years$780,822$766,280$752,186$738,521$725,267$670,826
3 years$515,377$500,772$486,714$473,178$460,139$407,591
4 years$382,681$368,121$354,203$340,898$328,175$277,922
5 years$303,084$288,611$274,876$261,842$249,474$201,646
6 years$250,036$235,673$222,141$209,397$197,400$152,034
7 years$212,160$197,918$184,600$172,157$160,539$117,625
8 years$183,766$169,652$156,556$144,418$133,183$92,684
9 years$161,694$147,712$134,841$123,012$112,159$74,022
10 years$144,046$130,201$117,558$106,038$95,565$59,723
11 years$129,616$115,911$103,496$92,285$82,189$48,568
12 years$117,600$104,035$91,850$80,946$71,223$39,743
13 years$107,440$94,017$82,062$71,463$62,108$32,681
14 years$98,740$85,459$73,733$63,437$54,444$26,981
15 years$91,206$78,068$66,571$56,575$47,936$22,347
16 years$84,620$71,626$60,356$50,657$42,366$18,557
17 years$78,815$65,965$54,922$45,515$37,565$15,443
18 years$73,661$60,955$50,137$41,018$33,401$12,875
19 years$69,055$56,492$45,898$37,063$29,771$10,749
20 years$64,915$52,495$42,123$33,568$26,592$8,985
21 years$61,174$48,897$38,745$30,465$23,797$7,518
22 years$57,777$45,644$35,709$27,700$21,331$6,296
23 years$54,681$42,690$32,971$25,226$19,148$5,276
24 years$51,846$39,998$30,493$23,008$17,210$4,424
25 years$49,243$37,536$28,242$21,012$15,487$3,711
26 years$46,843$35,278$26,193$19,213$13,950$3,115
27 years$44,626$33,200$24,323$17,586$12,577$2,615
28 years$42,570$31,284$22,611$16,112$11,348$2,196
29 years$40,659$29,513$21,042$14,775$10,247$1,845
30 years$38,879$27,872$19,600$13,560$9,259$1,550
31 years$37,218$26,348$18,272$12,454$8,371$1,302
32 years$35,663$24,931$17,048$11,445$7,572$1,094
33 years$34,205$23,610$15,918$10,525$6,853$920
34 years$32,836$22,377$14,873$9,684$6,205$773
35 years$31,549$21,224$13,905$8,915$5,620$650
36 years$30,335$20,145$13,008$8,210$5,092$547
37 years$29,190$19,133$12,175$7,564$4,615$460
38 years$28,108$18,183$11,401$6,972$4,184$386
39 years$27,083$17,290$10,682$6,429$3,794$325
40 years$26,113$16,450$10,012$5,930$3,441$273
41 years$25,192$15,659$9,388$5,471$3,122$230
42 years$24,317$14,913$8,806$5,049$2,833$193
43 years$23,485$14,209$8,264$4,661$2,571$162
44 years$22,694$13,545$7,757$4,303$2,334$137
45 years$21,939$12,916$7,283$3,974$2,119$115
46 years$21,220$12,321$6,841$3,671$1,924$97
47 years$20,533$11,758$6,427$3,392$1,747$81
48 years$19,876$11,225$6,039$3,134$1,586$68
49 years$19,249$10,719$5,677$2,896$1,441$57
50 years$18,648$10,239$5,337$2,677$1,309$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $19,100,000, adding $3,866 every year, while hoping to spend $34,642 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: 65/30/5 Blend
52$19,100,000$19,100,000$19,100,000$19,100,000
53$21,052,188$20,039,888$19,743,838$22,406,168
54$23,162,652$20,984,983$20,368,398$24,250,966
55$25,487,223$21,975,228$21,012,719$26,261,077
56$28,047,702$23,012,796$21,677,428$28,456,119
57$30,868,115$24,099,971$22,363,169$30,854,053
58$33,974,935$25,239,142$23,070,608$33,474,628
59$37,397,337$26,432,819$23,800,431$36,339,566
60$41,167,468$27,683,629$24,553,349$39,472,760
61$45,320,754$28,994,331$25,330,090$42,900,491
62$49,896,233$30,367,815$26,131,409$46,651,669
63$54,936,922$31,807,112$26,958,085$50,758,103
64$60,490,227$33,315,399$27,810,920$55,254,790
65$66,608,385$34,896,009$28,690,741$60,180,241
66$73,348,963$36,552,436$29,598,403$65,576,832
67$80,775,395$38,288,343$30,534,788$71,491,203
68$88,957,586$40,107,572$31,500,803$77,974,680
69$97,972,567$42,014,151$32,497,388$85,083,758
70$107,905,228$44,012,303$33,525,510$92,880,623
71$118,849,113$46,106,458$34,586,166$101,433,725
72$130,907,308$48,301,259$35,680,388$110,818,420
73$144,193,409$50,601,577$36,809,236$121,117,666
74$158,832,600$53,012,517$37,973,809$132,422,793
75$174,962,829$55,539,434$39,175,235$144,834,359
76$192,736,114$58,187,943$40,414,683$158,463,082
77$212,319,978$60,963,933$41,693,354$173,430,873
78$233,899,026$63,873,576$43,012,492$189,871,972
79$257,676,693$66,923,347$44,373,377$207,934,204
80$283,877,161$70,120,037$45,777,331$227,780,355
81$312,747,477$73,470,764$47,225,716$249,589,696
82$344,559,882$76,982,993$48,719,940$273,559,656
83$379,614,385$80,664,556$50,261,454$299,907,671
84$418,241,594$84,523,661$51,851,754$328,873,216
85$460,805,834$88,568,918$53,492,385$360,720,047
86$507,708,591$92,809,356$55,184,941$395,738,671
87$559,392,295$97,254,443$56,931,065$434,249,067
88$616,344,507$101,914,108$58,732,454$476,603,687
89$679,102,512$106,798,764$60,590,856$523,190,756
90$748,258,395$111,919,331$62,508,077$574,437,914
91$824,464,633$117,287,259$64,485,978$630,816,230
92$908,440,248$122,914,558$66,526,482$692,844,620
93$1,000,977,604$128,813,822$68,631,569$761,094,718
94$1,102,949,878$134,998,258$70,803,286$836,196,245
95$1,215,319,310$141,481,716$73,043,740$918,842,921
96$1,339,146,283$148,278,724$75,355,108$1,009,798,982
97$1,475,599,336$155,404,513$77,739,636$1,109,906,364
98$1,625,966,194$162,875,060$80,199,640$1,220,092,611
99$1,791,665,927$170,707,120$82,737,510$1,341,379,599
100$1,974,262,346$178,918,262$85,355,710$1,474,893,143