Can I retire at age 53 with 19,900,000?

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 $19,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,568,977
2 years$813,526$798,375$783,691$769,454$755,645$737,648
3 years$536,964$521,747$507,100$492,997$479,412$461,854
4 years$398,709$383,539$369,039$355,176$341,921$324,937
5 years$315,778$300,700$286,390$272,810$259,923$243,562
6 years$260,509$245,544$231,445$218,168$205,668$189,951
7 years$221,047$206,207$192,332$179,368$167,263$152,196
8 years$191,463$176,758$163,113$150,467$138,761$124,343
9 years$168,466$153,899$140,489$128,165$116,857$103,082
10 years$150,079$135,655$122,482$110,479$99,568$86,428
11 years$135,045$120,765$107,831$96,150$85,632$73,114
12 years$122,526$108,393$95,697$84,337$74,207$62,299
13 years$111,940$97,955$85,499$74,457$64,710$53,398
14 years$102,875$89,039$76,821$66,094$56,724$45,991
15 years$95,026$81,338$69,359$58,944$49,944$39,774
16 years$88,165$74,626$62,885$52,778$44,141$34,516
17 years$82,117$68,728$57,222$47,421$39,138$30,040
18 years$76,747$63,508$52,237$42,736$34,800$26,209
19 years$71,948$58,858$47,820$38,615$31,018$22,916
20 years$67,634$54,694$43,887$34,974$27,706$20,074
21 years$63,736$50,945$40,367$31,741$24,794$17,612
22 years$60,197$47,556$37,205$28,860$22,224$15,473
23 years$56,971$44,478$34,352$26,283$19,950$13,610
24 years$54,018$41,673$31,770$23,972$17,931$11,984
25 years$51,305$39,108$29,425$21,892$16,135$10,562
26 years$48,805$36,755$27,290$20,017$14,534$9,316
27 years$46,495$34,591$25,342$18,322$13,104$8,223
28 years$44,353$32,595$23,558$16,787$11,824$7,263
29 years$42,362$30,749$21,923$15,394$10,676$6,418
30 years$40,508$29,040$20,420$14,128$9,647$5,674
31 years$38,776$27,452$19,037$12,975$8,722$5,019
32 years$37,157$25,975$17,762$11,925$7,889$4,440
33 years$35,638$24,599$16,585$10,966$7,140$3,930
34 years$34,212$23,314$15,496$10,090$6,464$3,480
35 years$32,870$22,113$14,487$9,288$5,855$3,081
36 years$31,606$20,989$13,553$8,554$5,305$2,729
37 years$30,413$19,934$12,685$7,881$4,808$2,418
38 years$29,285$18,945$11,879$7,264$4,359$2,143
39 years$28,218$18,015$11,129$6,698$3,953$1,899
40 years$27,206$17,139$10,432$6,178$3,585$1,683
41 years$26,247$16,315$9,781$5,700$3,253$1,492
42 years$25,336$15,538$9,175$5,260$2,952$1,323
43 years$24,469$14,805$8,610$4,856$2,679$1,173
44 years$23,644$14,112$8,082$4,484$2,431$1,040
45 years$22,858$13,457$7,589$4,141$2,207$922
46 years$22,108$12,837$7,127$3,825$2,004$818
47 years$21,393$12,251$6,696$3,534$1,820$725
48 years$20,709$11,695$6,292$3,265$1,653$643
49 years$20,055$11,168$5,914$3,018$1,501$571
50 years$19,429$10,668$5,560$2,789$1,363$506

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $19,900,000, adding $5,859 every year, while hoping to spend $48,880 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: 55/31/14 Blend
52$19,900,000$19,900,000$19,900,000$19,900,000
53$21,935,844$20,881,144$20,572,694$23,061,858
54$24,121,292$21,852,312$21,209,871$24,798,876
55$26,528,017$22,869,429$21,866,755$26,683,518
56$29,178,539$23,934,695$22,543,956$28,734,525
57$32,097,671$25,050,416$23,242,099$30,967,779
58$35,312,756$26,219,009$23,961,832$33,400,732
59$38,853,925$27,443,009$24,703,822$36,052,567
60$42,754,381$28,725,071$25,468,755$38,944,370
61$47,050,710$30,067,982$26,257,340$42,099,326
62$51,783,229$31,474,659$27,070,307$45,542,926
63$56,996,365$32,948,164$27,908,410$49,303,202
64$62,739,075$34,491,705$28,772,422$53,410,981
65$69,065,308$36,108,646$29,663,146$57,900,172
66$76,034,512$37,802,512$30,581,404$62,808,073
67$83,712,198$39,577,002$31,528,047$68,175,715
68$92,170,557$41,435,989$32,503,951$74,048,240
69$101,489,139$43,383,537$33,510,018$80,475,316
70$111,755,607$45,423,907$34,547,180$87,511,596
71$123,066,565$47,561,564$35,616,397$95,217,221
72$135,528,464$49,801,191$36,718,656$103,658,380
73$149,258,615$52,147,696$37,854,978$112,907,916
74$164,386,287$54,606,227$39,026,413$123,046,007
75$181,053,936$57,182,180$40,234,046$134,160,907
76$199,418,543$59,881,212$41,478,992$146,349,764
77$219,653,099$62,709,256$42,762,402$159,719,522
78$241,948,236$65,672,530$44,085,463$174,387,920
79$266,514,028$68,777,557$45,449,399$190,484,580
80$293,581,974$72,031,172$46,855,469$208,152,219
81$323,407,181$75,440,545$48,304,973$227,547,979
82$356,270,774$79,013,193$49,799,250$248,844,887
83$392,482,550$82,756,996$51,339,682$272,233,473
84$432,383,900$86,680,219$52,927,691$297,923,549
85$476,351,034$90,791,525$54,564,745$326,146,166
86$524,798,530$95,100,001$56,252,355$357,155,773
87$578,183,252$99,615,173$57,992,080$391,232,598
88$637,008,656$104,347,029$59,785,527$428,685,268
89$701,829,549$109,306,043$61,634,352$469,853,696
90$773,257,322$114,503,198$63,540,262$515,112,267
91$851,965,725$119,950,011$65,505,017$564,873,340
92$938,697,223$125,658,556$67,530,430$619,591,112
93$1,034,270,011$131,641,496$69,618,370$679,765,879
94$1,139,585,732$137,912,109$71,770,765$745,948,726
95$1,255,637,992$144,484,317$73,989,601$818,746,690
96$1,383,521,739$151,372,721$76,276,925$898,828,467
97$1,524,443,603$158,592,631$78,634,848$986,930,676
98$1,679,733,279$166,160,098$81,065,544$1,083,864,784
99$1,850,856,090$174,091,960$83,571,256$1,190,524,720
100$2,039,426,813$182,405,868$86,154,295$1,307,895,278