Can I retire at age 54 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%11.2%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,507,435
2 years$776,734$762,268$748,248$734,655$721,470$713,747
3 years$512,679$498,150$484,166$470,701$457,730$450,176
4 years$380,677$366,193$352,349$339,113$326,457$319,130
5 years$301,497$287,100$273,437$260,471$248,167$241,088
6 years$248,727$234,439$220,978$208,301$196,366$189,545
7 years$211,050$196,881$183,634$171,256$159,698$153,138
8 years$182,804$168,764$155,736$143,662$132,485$126,186
9 years$160,847$146,939$134,135$122,368$111,572$105,532
10 years$143,292$129,520$116,942$105,483$95,065$89,282
11 years$128,937$115,304$102,954$91,802$81,759$76,230
12 years$116,984$103,490$91,369$80,522$70,850$65,570
13 years$106,878$93,525$81,632$71,089$61,783$56,746
14 years$98,223$85,012$73,347$63,105$54,159$49,360
15 years$90,728$77,660$66,222$56,279$47,686$43,119
16 years$84,177$71,251$60,040$50,391$42,145$37,803
17 years$78,403$65,620$54,634$45,276$37,368$33,246
18 years$73,276$60,636$49,874$40,803$33,226$29,316
19 years$68,694$56,197$45,657$36,869$29,615$25,910
20 years$64,575$52,221$41,902$33,392$26,453$22,946
21 years$60,853$48,641$38,542$30,305$23,672$20,356
22 years$57,475$45,405$35,522$27,554$21,219$18,086
23 years$54,394$42,466$32,798$25,094$19,047$16,091
24 years$51,575$39,788$30,333$22,888$17,120$14,333
25 years$48,985$37,339$28,094$20,902$15,406$12,780
26 years$46,598$35,093$26,056$19,112$13,877$11,406
27 years$44,392$33,026$24,195$17,494$12,511$10,188
28 years$42,347$31,121$22,493$16,028$11,289$9,106
29 years$40,446$29,359$20,931$14,698$10,194$8,145
30 years$38,676$27,726$19,497$13,489$9,211$7,289
31 years$37,023$26,211$18,176$12,389$8,327$6,526
32 years$35,476$24,800$16,959$11,385$7,533$5,846
33 years$34,026$23,486$15,835$10,470$6,817$5,239
34 years$32,665$22,260$14,795$9,633$6,172$4,697
35 years$31,384$21,113$13,832$8,868$5,590$4,212
36 years$30,176$20,039$12,940$8,167$5,065$3,778
37 years$29,037$19,033$12,111$7,525$4,591$3,390
38 years$27,961$18,088$11,342$6,936$4,162$3,043
39 years$26,942$17,200$10,626$6,395$3,774$2,731
40 years$25,976$16,364$9,960$5,899$3,423$2,452
41 years$25,060$15,577$9,339$5,442$3,106$2,202
42 years$24,190$14,835$8,760$5,023$2,818$1,977
43 years$23,362$14,135$8,220$4,636$2,558$1,776
44 years$22,575$13,474$7,716$4,281$2,321$1,596
45 years$21,824$12,848$7,245$3,954$2,107$1,434
46 years$21,108$12,257$6,805$3,652$1,913$1,288
47 years$20,425$11,697$6,393$3,374$1,738$1,157
48 years$19,772$11,166$6,008$3,118$1,578$1,040
49 years$19,148$10,663$5,647$2,881$1,433$935
50 years$18,551$10,186$5,309$2,663$1,302$840

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 $6,389 every year, while hoping to spend $47,180 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: 74/9/17 Blend
53$19,000,000$19,000,000$19,000,000$19,000,000
54$20,944,590$19,937,590$19,643,090$22,412,831
55$23,030,739$20,864,333$20,250,935$24,313,193
56$25,328,094$21,834,905$20,877,561$26,388,502
57$27,858,148$22,851,404$21,523,547$28,661,315
58$30,644,586$23,916,029$22,189,492$31,151,257
59$33,713,504$25,031,085$22,876,011$33,879,937
60$37,093,662$26,198,988$23,583,737$36,871,147
61$40,816,749$27,422,272$24,313,327$40,151,084
62$44,917,687$28,703,593$25,065,452$43,748,594
63$49,434,955$30,045,734$25,840,810$47,695,442
64$54,410,959$31,451,613$26,640,115$52,026,610
65$59,892,424$32,924,289$27,464,106$56,780,621
66$65,930,843$34,466,971$28,313,545$61,999,902
67$72,582,956$36,083,019$29,189,216$67,731,179
68$79,911,290$37,775,960$30,091,928$74,025,918
69$87,984,748$39,549,489$31,022,514$80,940,803
70$96,879,258$41,407,479$31,981,833$88,538,267
71$106,678,490$43,353,993$32,970,772$96,887,082
72$117,474,646$45,393,289$33,990,243$106,063,000
73$129,369,331$47,529,831$35,041,187$116,149,463
74$142,474,511$49,768,301$36,124,575$127,238,391
75$156,913,568$52,113,604$37,241,405$139,431,039
76$172,822,469$54,570,888$38,392,709$152,838,952
77$190,351,044$57,145,545$39,579,549$167,585,009
78$209,664,406$59,843,233$40,803,019$183,804,584
79$230,944,504$62,669,879$42,064,249$201,646,810
80$254,391,843$65,631,703$43,364,401$221,275,987
81$280,227,378$68,735,223$44,704,675$242,873,125
82$308,694,595$71,987,274$46,086,306$266,637,646
83$340,061,815$75,395,022$47,510,569$292,789,261
84$374,624,723$78,965,981$48,978,776$321,570,035
85$412,709,161$82,708,030$50,492,281$353,246,667
86$454,674,202$86,629,430$52,052,479$388,113,000
87$500,915,542$90,738,843$53,660,808$426,492,787
88$551,869,232$95,045,351$55,318,750$468,742,737
89$608,015,798$99,558,478$57,027,833$515,255,877
90$669,884,775$104,288,209$58,789,631$566,465,251
91$738,059,706$109,245,015$60,605,767$622,848,003
92$813,183,650$114,439,875$62,477,914$684,929,863
93$895,965,255$119,884,301$64,407,797$753,290,112
94$987,185,445$125,590,366$66,397,192$828,567,029
95$1,087,704,794$131,570,727$68,447,931$911,463,911
96$1,198,471,649$137,838,659$70,561,903$1,002,755,704
97$1,320,531,084$144,408,080$72,741,054$1,103,296,300
98$1,455,034,764$151,293,586$74,987,388$1,214,026,589
99$1,603,251,819$158,510,480$77,302,975$1,335,983,330
100$1,766,580,824$166,074,813$79,689,944$1,470,308,924