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%11.9%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,503,020
2 years$776,734$762,268$748,248$734,655$721,470$709,306
3 years$512,679$498,150$484,166$470,701$457,730$445,846
4 years$380,677$366,193$352,349$339,113$326,457$314,945
5 years$301,497$287,100$273,437$260,471$248,167$237,061
6 years$248,727$234,439$220,978$208,301$196,366$185,679
7 years$211,050$196,881$183,634$171,256$159,698$149,435
8 years$182,804$168,764$155,736$143,662$132,485$122,646
9 years$160,847$146,939$134,135$122,368$111,572$102,154
10 years$143,292$129,520$116,942$105,483$95,065$86,063
11 years$128,937$115,304$102,954$91,802$81,759$73,167
12 years$116,984$103,490$91,369$80,522$70,850$62,660
13 years$106,878$93,525$81,632$71,089$61,783$53,985
14 years$98,223$85,012$73,347$63,105$54,159$46,744
15 years$90,728$77,660$66,222$56,279$47,686$40,643
16 years$84,177$71,251$60,040$50,391$42,145$35,464
17 years$78,403$65,620$54,634$45,276$37,368$31,038
18 years$73,276$60,636$49,874$40,803$33,226$27,235
19 years$68,694$56,197$45,657$36,869$29,615$23,951
20 years$64,575$52,221$41,902$33,392$26,453$21,103
21 years$60,853$48,641$38,542$30,305$23,672$18,625
22 years$57,475$45,405$35,522$27,554$21,219$16,462
23 years$54,394$42,466$32,798$25,094$19,047$14,569
24 years$51,575$39,788$30,333$22,888$17,120$12,908
25 years$48,985$37,339$28,094$20,902$15,406$11,447
26 years$46,598$35,093$26,056$19,112$13,877$10,161
27 years$44,392$33,026$24,195$17,494$12,511$9,026
28 years$42,347$31,121$22,493$16,028$11,289$8,023
29 years$40,446$29,359$20,931$14,698$10,194$7,136
30 years$38,676$27,726$19,497$13,489$9,211$6,350
31 years$37,023$26,211$18,176$12,389$8,327$5,653
32 years$35,476$24,800$16,959$11,385$7,533$5,035
33 years$34,026$23,486$15,835$10,470$6,817$4,486
34 years$32,665$22,260$14,795$9,633$6,172$3,998
35 years$31,384$21,113$13,832$8,868$5,590$3,565
36 years$30,176$20,039$12,940$8,167$5,065$3,179
37 years$29,037$19,033$12,111$7,525$4,591$2,835
38 years$27,961$18,088$11,342$6,936$4,162$2,530
39 years$26,942$17,200$10,626$6,395$3,774$2,257
40 years$25,976$16,364$9,960$5,899$3,423$2,015
41 years$25,060$15,577$9,339$5,442$3,106$1,798
42 years$24,190$14,835$8,760$5,023$2,818$1,605
43 years$23,362$14,135$8,220$4,636$2,558$1,433
44 years$22,575$13,474$7,716$4,281$2,321$1,280
45 years$21,824$12,848$7,245$3,954$2,107$1,143
46 years$21,108$12,257$6,805$3,652$1,913$1,020
47 years$20,425$11,697$6,393$3,374$1,738$911
48 years$19,772$11,166$6,008$3,118$1,578$814
49 years$19,148$10,663$5,647$2,881$1,433$727
50 years$18,551$10,186$5,309$2,663$1,302$650

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 $6,971 every year, while hoping to spend $39,170 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: 70/24/6 Blend
54$19,000,000$19,000,000$19,000,000$19,000,000
55$20,945,191$19,938,191$19,643,691$22,394,252
56$23,039,923$20,873,485$20,260,078$24,287,983
57$25,347,006$21,853,297$20,895,801$26,353,877
58$27,888,057$22,879,765$21,551,467$28,613,240
59$30,686,899$23,955,133$22,227,700$31,085,053
60$33,769,781$25,081,753$22,925,147$33,790,198
61$37,165,632$26,262,092$23,644,472$36,751,651
62$40,906,326$27,498,734$24,386,362$39,994,695
63$45,026,989$28,794,390$25,151,523$43,547,151
64$49,566,329$30,151,902$25,940,686$47,439,640
65$54,566,999$31,574,250$26,754,604$51,705,862
66$60,076,002$33,064,557$27,594,052$56,382,909
67$66,145,133$34,626,100$28,459,832$61,511,610
68$72,831,469$36,262,311$29,352,768$67,136,910
69$80,197,907$37,976,792$30,273,714$73,308,288
70$88,313,756$39,773,317$31,223,546$80,080,214
71$97,255,396$41,655,846$32,203,171$87,512,659
72$107,106,992$43,628,529$33,213,523$95,671,653
73$117,961,295$45,695,716$34,255,566$104,629,898
74$129,920,512$47,861,972$35,330,293$114,467,448
75$143,097,276$50,132,079$36,438,729$125,272,455
76$157,615,702$52,511,056$37,581,931$137,141,992
77$173,612,567$55,004,161$38,760,989$150,182,959
78$191,238,594$57,616,910$39,977,027$164,513,083
79$210,659,879$60,355,086$41,231,205$180,262,018
80$232,059,456$63,224,755$42,524,720$197,572,558
81$255,639,025$66,232,273$43,858,803$216,601,973
82$281,620,861$69,384,309$45,234,728$237,523,481
83$310,249,903$72,687,855$46,653,806$260,527,873
84$341,796,074$76,150,241$48,117,390$285,825,295
85$376,556,827$79,779,156$49,626,875$313,647,224
86$414,859,949$83,582,660$51,183,701$344,248,637
87$457,066,661$87,569,207$52,789,352$377,910,397
88$503,575,024$91,747,662$54,445,359$414,941,898
89$554,823,698$96,127,319$56,153,300$455,683,958
90$611,296,083$100,717,926$57,914,804$500,512,030
91$673,524,884$105,529,705$59,731,550$549,839,717
92$742,097,135$110,573,373$61,605,270$604,122,666
93$817,659,746$115,860,172$63,537,750$663,862,843
94$900,925,608$121,401,888$65,530,832$729,613,255
95$992,680,321$127,210,881$67,586,416$801,983,143
96$1,093,789,615$133,300,115$69,706,462$881,643,717
97$1,205,207,517$139,683,183$71,892,990$969,334,461
98$1,327,985,364$146,374,338$74,148,085$1,065,870,094
99$1,463,281,721$153,388,531$76,473,896$1,172,148,232
100$1,612,373,325$160,741,437$78,872,640$1,289,157,833