Can I retire at age 54 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%18.5%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,470,777
2 years$780,822$766,280$752,186$738,521$725,267$673,125
3 years$515,377$500,772$486,714$473,178$460,139$409,776
4 years$382,681$368,121$354,203$340,898$328,175$279,976
5 years$303,084$288,611$274,876$261,842$249,474$203,566
6 years$250,036$235,673$222,141$209,397$197,400$153,819
7 years$212,160$197,918$184,600$172,157$160,539$119,278
8 years$183,766$169,652$156,556$144,418$133,183$94,209
9 years$161,694$147,712$134,841$123,012$112,159$75,425
10 years$144,046$130,201$117,558$106,038$95,565$61,009
11 years$129,616$115,911$103,496$92,285$82,189$49,743
12 years$117,600$104,035$91,850$80,946$71,223$40,813
13 years$107,440$94,017$82,062$71,463$62,108$33,653
14 years$98,740$85,459$73,733$63,437$54,444$27,861
15 years$91,206$78,068$66,571$56,575$47,936$23,142
16 years$84,620$71,626$60,356$50,657$42,366$19,273
17 years$78,815$65,965$54,922$45,515$37,565$16,086
18 years$73,661$60,955$50,137$41,018$33,401$13,451
19 years$69,055$56,492$45,898$37,063$29,771$11,264
20 years$64,915$52,495$42,123$33,568$26,592$9,444
21 years$61,174$48,897$38,745$30,465$23,797$7,927
22 years$57,777$45,644$35,709$27,700$21,331$6,659
23 years$54,681$42,690$32,971$25,226$19,148$5,598
24 years$51,846$39,998$30,493$23,008$17,210$4,709
25 years$49,243$37,536$28,242$21,012$15,487$3,963
26 years$46,843$35,278$26,193$19,213$13,950$3,337
27 years$44,626$33,200$24,323$17,586$12,577$2,811
28 years$42,570$31,284$22,611$16,112$11,348$2,368
29 years$40,659$29,513$21,042$14,775$10,247$1,996
30 years$38,879$27,872$19,600$13,560$9,259$1,682
31 years$37,218$26,348$18,272$12,454$8,371$1,418
32 years$35,663$24,931$17,048$11,445$7,572$1,196
33 years$34,205$23,610$15,918$10,525$6,853$1,008
34 years$32,836$22,377$14,873$9,684$6,205$850
35 years$31,549$21,224$13,905$8,915$5,620$717
36 years$30,335$20,145$13,008$8,210$5,092$605
37 years$29,190$19,133$12,175$7,564$4,615$510
38 years$28,108$18,183$11,401$6,972$4,184$431
39 years$27,083$17,290$10,682$6,429$3,794$363
40 years$26,113$16,450$10,012$5,930$3,441$307
41 years$25,192$15,659$9,388$5,471$3,122$259
42 years$24,317$14,913$8,806$5,049$2,833$218
43 years$23,485$14,209$8,264$4,661$2,571$184
44 years$22,694$13,545$7,757$4,303$2,334$155
45 years$21,939$12,916$7,283$3,974$2,119$131
46 years$21,220$12,321$6,841$3,671$1,924$111
47 years$20,533$11,758$6,427$3,392$1,747$93
48 years$19,876$11,225$6,039$3,134$1,586$79
49 years$19,249$10,719$5,677$2,896$1,441$66
50 years$18,648$10,239$5,337$2,677$1,309$56

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $19,100,000, adding $3,223 every year, while hoping to spend $29,865 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: 62/25/13 Blend
53$19,100,000$19,100,000$19,100,000$19,100,000
54$21,051,525$20,039,225$19,743,175$22,290,859
55$23,167,004$20,989,370$20,372,795$24,072,810
56$25,497,261$21,985,072$21,022,506$26,013,430
57$28,064,172$23,028,531$21,692,951$28,131,053
58$30,891,843$24,122,055$22,384,790$30,442,845
59$34,006,838$25,268,063$23,098,707$32,967,681
60$37,438,429$26,469,091$23,835,408$35,726,321
61$41,218,874$27,727,802$24,595,619$38,741,600
62$45,383,719$29,046,983$25,380,091$42,038,638
63$49,972,133$30,429,561$26,189,600$45,645,068
64$55,027,284$31,878,602$27,024,944$49,591,295
65$60,596,736$33,397,323$27,886,949$53,910,773
66$66,732,908$34,989,097$28,776,467$58,640,314
67$73,493,561$36,657,459$29,694,375$63,820,429
68$80,942,349$38,406,119$30,641,581$69,495,702
69$89,149,415$40,238,966$31,619,021$75,715,205
70$98,192,057$42,160,076$32,627,659$82,532,950
71$108,155,454$44,173,727$33,668,493$90,008,390
72$119,133,474$46,284,403$34,742,551$98,206,973
73$131,229,556$48,496,807$35,850,894$107,200,750
74$144,557,689$50,815,868$36,994,617$117,069,042
75$159,243,487$53,246,760$38,174,851$127,899,182
76$175,425,375$55,794,904$39,392,761$139,787,327
77$193,255,896$58,465,987$40,649,551$152,839,353
78$212,903,150$61,265,973$41,946,464$167,171,844
79$234,552,381$64,201,115$43,284,780$182,913,179
80$258,407,727$67,277,972$44,665,823$200,204,729
81$284,694,144$70,503,422$46,090,957$219,202,183
82$313,659,534$73,884,677$47,561,592$240,076,996
83$345,577,082$77,429,302$49,079,180$263,017,999
84$380,747,834$81,145,227$50,645,222$288,233,161
85$419,503,542$85,040,772$52,261,266$315,951,538
86$462,209,794$89,124,661$53,928,910$346,425,417
87$509,269,466$93,406,043$55,649,802$379,932,679
88$561,126,525$97,894,512$57,425,643$416,779,405
89$618,270,218$102,600,130$59,258,189$457,302,745
90$681,239,694$107,533,451$61,149,253$501,874,076
91$750,629,093$112,705,541$63,100,703$550,902,494
92$827,093,154$118,128,005$65,114,470$604,838,644
93$911,353,396$123,813,018$67,192,545$664,178,958
94$1,004,204,930$129,773,343$69,336,983$729,470,310
95$1,106,523,965$136,022,369$71,549,904$801,315,160
96$1,219,276,081$142,574,137$73,833,497$880,377,205
97$1,343,525,343$149,443,371$76,190,021$967,387,623
98$1,480,444,347$156,645,515$78,621,806$1,063,151,942
99$1,631,325,291$164,196,766$81,131,257$1,168,557,615
100$1,797,592,174$172,114,111$83,720,858$1,284,582,362