Can I retire at age 55 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%18.1%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,465,415
2 years$776,734$762,268$748,248$734,655$721,470$671,900
3 years$512,679$498,150$484,166$470,701$457,730$409,819
4 years$380,677$366,193$352,349$339,113$326,457$280,571
5 years$301,497$287,100$273,437$260,471$248,167$204,429
6 years$248,727$234,439$220,978$208,301$196,366$154,812
7 years$211,050$196,881$183,634$171,256$159,698$120,322
8 years$182,804$168,764$155,736$143,662$132,485$95,259
9 years$160,847$146,939$134,135$122,368$111,572$76,451
10 years$143,292$129,520$116,942$105,483$95,065$61,996
11 years$128,937$115,304$102,954$91,802$81,759$50,679
12 years$116,984$103,490$91,369$80,522$70,850$41,691
13 years$106,878$93,525$81,632$71,089$61,783$34,471
14 years$98,223$85,012$73,347$63,105$54,159$28,618
15 years$90,728$77,660$66,222$56,279$47,686$23,838
16 years$84,177$71,251$60,040$50,391$42,145$19,910
17 years$78,403$65,620$54,634$45,276$37,368$16,667
18 years$73,276$60,636$49,874$40,803$33,226$13,978
19 years$68,694$56,197$45,657$36,869$29,615$11,741
20 years$64,575$52,221$41,902$33,392$26,453$9,875
21 years$60,853$48,641$38,542$30,305$23,672$8,314
22 years$57,475$45,405$35,522$27,554$21,219$7,006
23 years$54,394$42,466$32,798$25,094$19,047$5,908
24 years$51,575$39,788$30,333$22,888$17,120$4,986
25 years$48,985$37,339$28,094$20,902$15,406$4,209
26 years$46,598$35,093$26,056$19,112$13,877$3,556
27 years$44,392$33,026$24,195$17,494$12,511$3,005
28 years$42,347$31,121$22,493$16,028$11,289$2,540
29 years$40,446$29,359$20,931$14,698$10,194$2,147
30 years$38,676$27,726$19,497$13,489$9,211$1,816
31 years$37,023$26,211$18,176$12,389$8,327$1,536
32 years$35,476$24,800$16,959$11,385$7,533$1,299
33 years$34,026$23,486$15,835$10,470$6,817$1,099
34 years$32,665$22,260$14,795$9,633$6,172$930
35 years$31,384$21,113$13,832$8,868$5,590$787
36 years$30,176$20,039$12,940$8,167$5,065$666
37 years$29,037$19,033$12,111$7,525$4,591$564
38 years$27,961$18,088$11,342$6,936$4,162$477
39 years$26,942$17,200$10,626$6,395$3,774$404
40 years$25,976$16,364$9,960$5,899$3,423$342
41 years$25,060$15,577$9,339$5,442$3,106$290
42 years$24,190$14,835$8,760$5,023$2,818$245
43 years$23,362$14,135$8,220$4,636$2,558$208
44 years$22,575$13,474$7,716$4,281$2,321$176
45 years$21,824$12,848$7,245$3,954$2,107$149
46 years$21,108$12,257$6,805$3,652$1,913$126
47 years$20,425$11,697$6,393$3,374$1,738$107
48 years$19,772$11,166$6,008$3,118$1,578$90
49 years$19,148$10,663$5,647$2,881$1,433$76
50 years$18,551$10,186$5,309$2,663$1,302$65

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $19,000,000, adding $6,830 every year, while hoping to spend $49,693 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: 30/46/24 Blend
54$19,000,000$19,000,000$19,000,000$19,000,000
55$20,945,045$19,938,045$19,643,545$21,417,290
56$23,028,567$20,862,136$20,248,731$22,705,789
57$25,322,942$21,829,843$20,872,525$24,086,095
58$27,849,626$22,843,248$21,515,498$25,570,013
59$30,632,259$23,904,539$22,178,239$27,166,562
60$33,696,893$25,016,005$22,861,353$28,885,608
61$37,072,234$26,180,048$23,565,467$30,737,957
62$40,789,916$27,399,183$24,291,223$32,735,439
63$44,884,794$28,676,050$25,039,286$34,891,018
64$49,395,281$30,013,414$25,810,340$37,218,895
65$54,363,703$31,414,175$26,605,090$39,734,639
66$59,836,702$32,881,371$27,424,262$42,455,315
67$65,865,676$34,418,189$28,268,605$45,399,640
68$72,507,263$36,027,968$29,138,891$48,588,141
69$79,823,875$37,714,210$30,035,915$52,043,337
70$87,884,289$39,480,585$30,960,497$55,789,943
71$96,764,294$41,330,941$31,913,482$59,855,079
72$106,547,408$43,269,313$32,895,739$64,268,520
73$117,325,664$45,299,929$33,908,167$69,062,954
74$129,200,480$47,427,224$34,951,688$74,274,281
75$142,283,616$49,655,846$36,027,258$79,941,928
76$156,698,230$51,990,668$37,135,856$86,109,204
77$172,580,038$54,436,799$38,278,496$92,823,696
78$190,078,596$56,999,596$39,456,219$100,137,689
79$209,358,712$59,684,675$40,670,101$108,108,646
80$230,602,000$62,497,924$41,921,250$116,799,726
81$254,008,598$65,445,516$43,210,806$126,280,354
82$279,799,053$68,533,924$44,539,945$136,626,860
83$308,216,404$71,769,934$45,909,881$147,923,167
84$339,528,477$75,160,660$47,321,861$160,261,562
85$374,030,412$78,713,563$48,777,174$173,743,539
86$412,047,450$82,436,464$50,277,146$188,480,724
87$453,938,003$86,337,564$51,823,144$204,595,905
88$500,097,037$90,425,462$53,416,577$222,224,158
89$550,959,799$94,709,174$55,058,896$241,514,085
90$607,005,928$99,198,153$56,751,599$262,629,188
91$668,763,982$103,902,311$58,496,226$285,749,375
92$736,816,425$108,832,042$60,294,367$311,072,618
93$811,805,131$113,998,242$62,147,659$338,816,784
94$894,437,438$119,412,340$64,057,789$369,221,653
95$985,492,828$125,086,316$66,026,496$402,551,135
96$1,085,830,285$131,032,734$68,055,573$439,095,716
97$1,196,396,404$137,264,768$70,146,864$479,175,158
98$1,318,234,328$143,796,232$72,302,275$523,141,459
99$1,452,493,593$150,641,611$74,523,764$571,382,134
100$1,600,440,982$157,816,093$76,813,353$624,323,812