Can I retire at age 54 with 19,000,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%17.3%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,470,122
2 years$776,734$762,268$748,248$734,655$721,470$676,540
3 years$512,679$498,150$484,166$470,701$457,730$414,244
4 years$380,677$366,193$352,349$339,113$326,457$284,748
5 years$301,497$287,100$273,437$260,471$248,167$208,348
6 years$248,727$234,439$220,978$208,301$196,366$158,473
7 years$211,050$196,881$183,634$171,256$159,698$123,730
8 years$182,804$168,764$155,736$143,662$132,485$98,420
9 years$160,847$146,939$134,135$122,368$111,572$79,375
10 years$143,292$129,520$116,942$105,483$95,065$64,690
11 years$128,937$115,304$102,954$91,802$81,759$53,155
12 years$116,984$103,490$91,369$80,522$70,850$43,961
13 years$106,878$93,525$81,632$71,089$61,783$36,546
14 years$98,223$85,012$73,347$63,105$54,159$30,509
15 years$90,728$77,660$66,222$56,279$47,686$25,557
16 years$84,177$71,251$60,040$50,391$42,145$21,470
17 years$78,403$65,620$54,634$45,276$37,368$18,078
18 years$73,276$60,636$49,874$40,803$33,226$15,252
19 years$68,694$56,197$45,657$36,869$29,615$12,889
20 years$64,575$52,221$41,902$33,392$26,453$10,906
21 years$60,853$48,641$38,542$30,305$23,672$9,239
22 years$57,475$45,405$35,522$27,554$21,219$7,835
23 years$54,394$42,466$32,798$25,094$19,047$6,649
24 years$51,575$39,788$30,333$22,888$17,120$5,647
25 years$48,985$37,339$28,094$20,902$15,406$4,798
26 years$46,598$35,093$26,056$19,112$13,877$4,079
27 years$44,392$33,026$24,195$17,494$12,511$3,469
28 years$42,347$31,121$22,493$16,028$11,289$2,952
29 years$40,446$29,359$20,931$14,698$10,194$2,512
30 years$38,676$27,726$19,497$13,489$9,211$2,138
31 years$37,023$26,211$18,176$12,389$8,327$1,821
32 years$35,476$24,800$16,959$11,385$7,533$1,551
33 years$34,026$23,486$15,835$10,470$6,817$1,321
34 years$32,665$22,260$14,795$9,633$6,172$1,125
35 years$31,384$21,113$13,832$8,868$5,590$959
36 years$30,176$20,039$12,940$8,167$5,065$817
37 years$29,037$19,033$12,111$7,525$4,591$696
38 years$27,961$18,088$11,342$6,936$4,162$593
39 years$26,942$17,200$10,626$6,395$3,774$505
40 years$25,976$16,364$9,960$5,899$3,423$431
41 years$25,060$15,577$9,339$5,442$3,106$367
42 years$24,190$14,835$8,760$5,023$2,818$313
43 years$23,362$14,135$8,220$4,636$2,558$267
44 years$22,575$13,474$7,716$4,281$2,321$227
45 years$21,824$12,848$7,245$3,954$2,107$194
46 years$21,108$12,257$6,805$3,652$1,913$165
47 years$20,425$11,697$6,393$3,374$1,738$141
48 years$19,772$11,166$6,008$3,118$1,578$120
49 years$19,148$10,663$5,647$2,881$1,433$102
50 years$18,551$10,186$5,309$2,663$1,302$87

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $19,000,000, adding $2,027 every year, while hoping to spend $32,934 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: 43/31/26 Blend
53$19,000,000$19,000,000$19,000,000$19,000,000
54$20,940,091$19,933,091$19,638,591$21,681,657
55$23,040,939$20,874,771$20,261,442$23,153,272
56$25,354,969$21,861,489$20,904,055$24,743,421
57$27,903,892$22,895,418$21,567,057$26,465,710
58$30,711,631$23,978,835$22,251,095$28,332,388
59$33,804,547$25,114,129$22,956,837$30,356,906
60$37,211,692$26,303,801$23,684,972$32,554,027
61$40,965,076$27,550,479$24,436,210$34,939,965
62$45,099,976$28,856,915$25,211,285$37,532,529
63$49,655,264$30,225,994$26,010,954$40,351,281
64$54,673,777$31,660,744$26,835,997$43,417,713
65$60,202,719$33,164,337$27,687,219$46,755,442
66$66,294,107$34,740,102$28,565,453$50,390,422
67$73,005,265$36,391,526$29,471,554$54,351,182
68$80,399,360$38,122,268$30,406,409$58,669,081
69$88,546,000$39,936,165$31,370,929$63,378,597
70$97,521,894$41,837,238$32,366,057$68,517,640
71$107,411,571$43,829,707$33,392,764$74,127,899
72$118,308,183$45,917,994$34,452,053$80,255,222
73$130,314,378$48,106,736$35,544,957$86,950,036
74$143,543,276$50,400,798$36,672,545$94,267,812
75$158,119,533$52,805,279$37,835,917$102,269,575
76$174,180,515$55,325,528$39,036,210$111,022,461
77$191,877,599$57,967,151$40,274,596$120,600,341
78$211,377,603$60,736,030$41,552,283$131,084,500
79$232,864,355$63,638,331$42,870,521$142,564,388
80$256,540,431$66,680,522$44,230,596$155,138,447
81$282,629,071$69,869,383$45,633,836$168,915,023
82$311,376,280$73,212,026$47,081,613$184,013,369
83$343,053,153$76,715,909$48,575,341$200,564,752
84$377,958,438$80,388,851$50,116,477$218,713,671
85$416,421,348$84,239,054$51,706,529$238,619,200
86$458,804,676$88,275,119$53,347,048$260,456,465
87$505,508,217$92,506,063$55,039,638$284,418,277
88$556,972,541$96,941,346$56,785,952$310,716,925
89$613,683,154$101,590,886$58,587,695$339,586,155
90$676,175,082$106,465,086$60,446,629$371,283,349
91$745,037,918$111,574,852$62,364,568$406,091,929
92$820,921,391$116,931,626$64,343,388$444,323,998
93$904,541,502$122,547,405$66,385,020$486,323,261
94$996,687,277$128,434,769$68,491,460$532,468,235
95$1,098,228,221$134,606,915$70,664,766$583,175,787
96$1,210,122,526$141,077,679$72,907,061$638,905,035
97$1,333,426,112$147,861,575$75,220,536$700,161,648
98$1,469,302,603$154,973,820$77,607,452$767,502,577
99$1,619,034,308$162,430,376$80,070,141$841,541,273
100$1,784,034,327$170,247,984$82,611,010$922,953,439