Can I retire at age 55 with 19,000,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%19.2%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,459,010
2 years$776,734$762,268$748,248$734,655$721,470$665,607
3 years$512,679$498,150$484,166$470,701$457,730$403,837
4 years$380,677$366,193$352,349$339,113$326,457$274,946
5 years$301,497$287,100$273,437$260,471$248,167$199,172
6 years$248,727$234,439$220,978$208,301$196,366$149,921
7 years$211,050$196,881$183,634$171,256$159,698$115,791
8 years$182,804$168,764$155,736$143,662$132,485$91,076
9 years$160,847$146,939$134,135$122,368$111,572$72,604
10 years$143,292$129,520$116,942$105,483$95,065$58,469
11 years$128,937$115,304$102,954$91,802$81,759$47,455
12 years$116,984$103,490$91,369$80,522$70,850$38,754
13 years$106,878$93,525$81,632$71,089$61,783$31,803
14 years$98,223$85,012$73,347$63,105$54,159$26,201
15 years$90,728$77,660$66,222$56,279$47,686$21,655
16 years$84,177$71,251$60,040$50,391$42,145$17,943
17 years$78,403$65,620$54,634$45,276$37,368$14,899
18 years$73,276$60,636$49,874$40,803$33,226$12,393
19 years$68,694$56,197$45,657$36,869$29,615$10,324
20 years$64,575$52,221$41,902$33,392$26,453$8,610
21 years$60,853$48,641$38,542$30,305$23,672$7,187
22 years$57,475$45,405$35,522$27,554$21,219$6,005
23 years$54,394$42,466$32,798$25,094$19,047$5,020
24 years$51,575$39,788$30,333$22,888$17,120$4,199
25 years$48,985$37,339$28,094$20,902$15,406$3,515
26 years$46,598$35,093$26,056$19,112$13,877$2,942
27 years$44,392$33,026$24,195$17,494$12,511$2,464
28 years$42,347$31,121$22,493$16,028$11,289$2,064
29 years$40,446$29,359$20,931$14,698$10,194$1,730
30 years$38,676$27,726$19,497$13,489$9,211$1,450
31 years$37,023$26,211$18,176$12,389$8,327$1,215
32 years$35,476$24,800$16,959$11,385$7,533$1,019
33 years$34,026$23,486$15,835$10,470$6,817$854
34 years$32,665$22,260$14,795$9,633$6,172$716
35 years$31,384$21,113$13,832$8,868$5,590$601
36 years$30,176$20,039$12,940$8,167$5,065$504
37 years$29,037$19,033$12,111$7,525$4,591$422
38 years$27,961$18,088$11,342$6,936$4,162$354
39 years$26,942$17,200$10,626$6,395$3,774$297
40 years$25,976$16,364$9,960$5,899$3,423$249
41 years$25,060$15,577$9,339$5,442$3,106$209
42 years$24,190$14,835$8,760$5,023$2,818$175
43 years$23,362$14,135$8,220$4,636$2,558$147
44 years$22,575$13,474$7,716$4,281$2,321$123
45 years$21,824$12,848$7,245$3,954$2,107$104
46 years$21,108$12,257$6,805$3,652$1,913$87
47 years$20,425$11,697$6,393$3,374$1,738$73
48 years$19,772$11,166$6,008$3,118$1,578$61
49 years$19,148$10,663$5,647$2,881$1,433$51
50 years$18,551$10,186$5,309$2,663$1,302$43

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 $3,376 every year, while hoping to spend $58,618 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: 80/10/10 Blend
54$19,000,000$19,000,000$19,000,000$19,000,000
55$20,941,482$19,934,482$19,639,982$22,582,617
56$23,015,144$20,848,903$20,235,553$24,574,149
57$25,298,355$21,806,165$20,849,110$26,751,033
58$27,812,427$22,808,307$21,481,195$29,138,071
59$30,580,844$23,857,464$22,132,364$31,756,251
60$33,629,484$24,955,873$22,803,192$34,628,678
61$36,986,860$26,105,880$23,494,268$37,780,799
62$40,684,395$27,309,943$24,206,201$41,240,636
63$44,756,712$28,570,638$24,939,617$45,039,049
64$49,241,964$29,890,667$25,695,162$49,210,023
65$54,182,194$31,272,859$26,473,499$53,790,989
66$59,623,730$32,720,182$27,275,314$58,823,173
67$65,617,624$34,235,744$28,101,310$64,351,980
68$72,220,132$35,822,806$28,952,214$70,427,422
69$79,493,245$37,484,783$29,828,773$77,104,589
70$87,505,275$39,225,257$30,731,756$84,444,158
71$96,331,500$41,047,981$31,661,957$92,512,970
72$106,054,871$42,956,890$32,620,191$101,384,653
73$116,766,799$44,956,109$33,607,298$111,140,315
74$128,568,015$47,049,961$34,624,145$121,869,302
75$141,569,522$49,242,979$35,671,624$133,670,044
76$155,893,641$51,539,912$36,750,651$146,650,971
77$171,675,167$53,945,743$37,862,172$160,931,540
78$189,062,641$56,465,690$39,007,161$176,643,352
79$208,219,750$59,105,229$40,186,621$193,931,393
80$229,326,874$61,870,095$41,401,583$212,955,395
81$252,582,790$64,766,304$42,653,110$233,891,340
82$278,206,543$67,800,162$43,942,298$256,933,113
83$306,439,519$70,978,278$45,270,274$282,294,331
84$337,547,720$74,307,583$46,638,197$310,210,347
85$371,824,275$77,795,343$48,047,264$340,940,472
86$409,592,209$81,449,173$49,498,706$374,770,410
87$451,207,491$85,277,059$50,993,790$412,014,952
88$497,062,394$89,287,373$52,533,820$453,020,940
89$547,589,196$93,488,893$54,120,141$498,170,531
90$603,264,265$97,890,820$55,754,137$547,884,799
91$664,612,552$102,502,801$57,437,232$602,627,700
92$732,212,546$107,334,953$59,170,894$662,910,445
93$806,701,740$112,397,880$60,956,633$729,296,314
94$888,782,643$117,702,701$62,796,005$802,405,969
95$979,229,413$123,261,074$64,690,612$882,923,296
96$1,078,895,169$129,085,222$66,642,103$971,601,857
97$1,188,720,038$135,187,961$68,652,176$1,069,271,991
98$1,309,740,038$141,582,726$70,722,580$1,176,848,640
99$1,443,096,850$148,283,608$72,855,114$1,295,339,975
100$1,590,048,602$155,305,378$75,051,634$1,425,856,903