Can I retire at age 54 with 19,500,000?

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 $19,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$1,610,292$1,595,948$1,581,954$1,568,295$1,554,957$1,517,983
2 years$797,174$782,328$767,939$753,988$740,456$703,421
3 years$526,170$511,260$496,907$483,087$469,776$433,838
4 years$390,695$375,830$361,621$348,037$335,048$300,484
5 years$309,431$294,655$280,633$267,326$254,698$221,604
6 years$255,273$240,608$226,793$213,783$201,534$169,943
7 years$216,603$202,062$188,466$175,763$163,901$133,819
8 years$187,615$173,205$159,834$147,443$135,972$107,385
9 years$165,080$150,806$137,665$125,589$114,508$87,394
10 years$147,062$132,928$120,020$108,259$97,566$71,896
11 years$132,330$118,338$105,663$94,217$83,910$59,647
12 years$120,063$106,214$93,774$82,641$72,715$49,818
13 years$109,690$95,986$83,780$72,960$63,409$41,835
14 years$100,807$87,249$75,277$64,766$55,584$35,287
15 years$93,116$79,703$67,965$57,760$48,940$29,873
16 years$86,392$73,126$61,620$51,717$43,254$25,366
17 years$80,466$67,347$56,072$46,468$38,352$21,593
18 years$75,204$62,231$51,187$41,877$34,101$18,421
19 years$70,501$57,675$46,859$37,839$30,395$15,742
20 years$66,274$53,595$43,005$34,271$27,149$13,474
21 years$62,455$49,921$39,556$31,103$24,295$11,547
22 years$58,987$46,600$36,457$28,280$21,777$9,906
23 years$55,826$43,584$33,662$25,755$19,549$8,507
24 years$52,932$40,835$31,131$23,490$17,571$7,311
25 years$50,274$38,322$28,834$21,452$15,811$6,287
26 years$47,824$36,016$26,742$19,615$14,242$5,410
27 years$45,560$33,896$24,832$17,954$12,840$4,657
28 years$43,461$31,940$23,085$16,450$11,586$4,011
29 years$41,511$30,131$21,482$15,085$10,462$3,456
30 years$39,694$28,456$20,010$13,844$9,453$2,979
31 years$37,997$26,900$18,655$12,715$8,546$2,568
32 years$36,410$25,453$17,405$11,685$7,731$2,214
33 years$34,922$24,105$16,251$10,745$6,996$1,910
34 years$33,524$22,846$15,184$9,887$6,334$1,647
35 years$32,209$21,669$14,196$9,101$5,737$1,421
36 years$30,971$20,567$13,280$8,382$5,198$1,226
37 years$29,801$19,534$12,430$7,723$4,711$1,058
38 years$28,696$18,564$11,640$7,118$4,271$913
39 years$27,651$17,653$10,906$6,564$3,873$788
40 years$26,660$16,795$10,222$6,054$3,513$680
41 years$25,719$15,987$9,585$5,585$3,187$587
42 years$24,826$15,226$8,991$5,155$2,892$507
43 years$23,977$14,507$8,437$4,758$2,625$438
44 years$23,169$13,828$7,919$4,394$2,383$378
45 years$22,399$13,186$7,436$4,058$2,163$326
46 years$21,664$12,579$6,984$3,748$1,964$282
47 years$20,963$12,005$6,561$3,463$1,783$243
48 years$20,293$11,460$6,166$3,200$1,619$210
49 years$19,652$10,944$5,796$2,957$1,471$181
50 years$19,039$10,454$5,449$2,733$1,336$157

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $19,500,000, adding $6,735 every year, while hoping to spend $35,264 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: 63/8/29 Blend
53$19,500,000$19,500,000$19,500,000$19,500,000
54$21,495,947$20,462,447$20,160,197$22,682,757
55$23,651,013$21,427,586$20,798,043$24,454,564
56$26,024,714$22,438,836$21,456,075$26,384,707
57$28,639,313$23,498,417$22,134,932$28,492,398
58$31,519,344$24,608,660$22,835,273$30,795,060
59$34,691,841$25,772,008$23,557,778$33,311,872
60$38,186,594$26,991,022$24,303,150$36,063,943
61$42,036,432$28,268,388$25,072,111$39,074,505
62$46,277,530$29,606,921$25,865,408$42,369,133
63$50,949,752$31,009,573$26,683,813$45,975,983
64$56,097,025$32,479,441$27,528,119$49,926,049
65$61,767,758$34,019,770$28,399,147$54,253,458
66$68,015,294$35,633,963$29,297,743$58,995,784
67$74,898,416$37,325,590$30,224,780$64,194,398
68$82,481,902$39,098,391$31,181,157$69,894,857
69$90,837,134$40,956,291$32,167,805$76,147,326
70$100,042,776$42,903,403$33,185,680$83,007,051
71$110,185,511$44,944,042$34,235,773$90,534,872
72$121,360,864$47,082,731$35,319,102$98,797,792
73$133,674,100$49,324,213$36,436,720$107,869,608
74$147,241,221$51,673,462$37,589,713$117,831,597
75$162,190,058$54,135,694$38,779,201$128,773,280
76$178,661,479$56,716,377$40,006,338$140,793,262
77$196,810,717$59,421,248$41,272,318$154,000,155
78$216,808,840$62,256,318$42,578,370$168,513,596
79$238,844,359$65,227,895$43,925,763$184,465,372
80$263,125,013$68,342,591$45,315,806$202,000,654
81$289,879,727$71,607,341$46,749,848$221,279,364
82$319,360,775$75,029,417$48,229,284$242,477,673
83$351,846,160$78,616,444$49,755,551$265,789,657
84$387,642,237$82,376,418$51,330,130$291,429,123
85$427,086,608$86,317,726$52,954,553$319,631,617
86$470,551,309$90,449,162$54,630,397$350,656,639
87$518,446,318$94,779,946$56,359,291$384,790,084
88$571,223,430$99,319,750$58,142,915$422,346,929
89$629,380,518$104,078,716$59,983,000$463,674,198
90$693,466,236$109,067,479$61,881,336$509,154,230
91$764,085,198$114,297,191$63,839,767$559,208,272
92$841,903,684$119,779,549$65,860,195$614,300,447
93$927,655,932$125,526,820$67,944,584$674,942,127
94$1,022,151,070$131,551,866$70,094,960$741,696,742
95$1,126,280,749$137,868,178$72,313,411$815,185,090
96$1,241,027,569$144,489,903$74,602,094$896,091,183
97$1,367,474,350$151,431,876$76,963,233$985,168,693
98$1,506,814,354$158,709,659$79,399,122$1,083,248,047
99$1,660,362,554$166,339,568$81,912,128$1,191,244,257
100$1,829,568,044$174,338,716$84,504,694$1,310,165,540