Can I retire at age 55 with 19,100,000?

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 $19,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,486,845
2 years$780,822$766,280$752,186$738,521$725,267$688,992
3 years$515,377$500,772$486,714$473,178$460,139$424,939
4 years$382,681$368,121$354,203$340,898$328,175$294,320
5 years$303,084$288,611$274,876$261,842$249,474$217,058
6 years$250,036$235,673$222,141$209,397$197,400$166,457
7 years$212,160$197,918$184,600$172,157$160,539$131,074
8 years$183,766$169,652$156,556$144,418$133,183$105,182
9 years$161,694$147,712$134,841$123,012$112,159$85,602
10 years$144,046$130,201$117,558$106,038$95,565$70,421
11 years$129,616$115,911$103,496$92,285$82,189$58,423
12 years$117,600$104,035$91,850$80,946$71,223$48,796
13 years$107,440$94,017$82,062$71,463$62,108$40,977
14 years$98,740$85,459$73,733$63,437$54,444$34,563
15 years$91,206$78,068$66,571$56,575$47,936$29,260
16 years$84,620$71,626$60,356$50,657$42,366$24,845
17 years$78,815$65,965$54,922$45,515$37,565$21,150
18 years$73,661$60,955$50,137$41,018$33,401$18,043
19 years$69,055$56,492$45,898$37,063$29,771$15,419
20 years$64,915$52,495$42,123$33,568$26,592$13,197
21 years$61,174$48,897$38,745$30,465$23,797$11,310
22 years$57,777$45,644$35,709$27,700$21,331$9,703
23 years$54,681$42,690$32,971$25,226$19,148$8,332
24 years$51,846$39,998$30,493$23,008$17,210$7,161
25 years$49,243$37,536$28,242$21,012$15,487$6,158
26 years$46,843$35,278$26,193$19,213$13,950$5,299
27 years$44,626$33,200$24,323$17,586$12,577$4,562
28 years$42,570$31,284$22,611$16,112$11,348$3,929
29 years$40,659$29,513$21,042$14,775$10,247$3,385
30 years$38,879$27,872$19,600$13,560$9,259$2,918
31 years$37,218$26,348$18,272$12,454$8,371$2,515
32 years$35,663$24,931$17,048$11,445$7,572$2,169
33 years$34,205$23,610$15,918$10,525$6,853$1,871
34 years$32,836$22,377$14,873$9,684$6,205$1,614
35 years$31,549$21,224$13,905$8,915$5,620$1,392
36 years$30,335$20,145$13,008$8,210$5,092$1,201
37 years$29,190$19,133$12,175$7,564$4,615$1,037
38 years$28,108$18,183$11,401$6,972$4,184$895
39 years$27,083$17,290$10,682$6,429$3,794$772
40 years$26,113$16,450$10,012$5,930$3,441$667
41 years$25,192$15,659$9,388$5,471$3,122$575
42 years$24,317$14,913$8,806$5,049$2,833$497
43 years$23,485$14,209$8,264$4,661$2,571$429
44 years$22,694$13,545$7,757$4,303$2,334$370
45 years$21,939$12,916$7,283$3,974$2,119$320
46 years$21,220$12,321$6,841$3,671$1,924$276
47 years$20,533$11,758$6,427$3,392$1,747$238
48 years$19,876$11,225$6,039$3,134$1,586$206
49 years$19,249$10,719$5,677$2,896$1,441$178
50 years$18,648$10,239$5,337$2,677$1,309$153

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $19,100,000, adding $5,803 every year, while hoping to spend $47,068 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: 44/49/7 Blend
54$19,100,000$19,100,000$19,100,000$19,100,000
55$21,054,186$20,041,886$19,745,836$21,938,569
56$23,151,633$20,973,858$20,357,241$23,482,849
57$25,461,442$21,949,920$20,987,551$25,150,246
58$28,005,224$22,972,181$21,637,350$26,956,254
59$30,806,794$24,042,855$22,307,238$28,913,598
60$33,892,392$25,164,260$22,997,836$31,036,242
61$37,290,936$26,338,828$23,709,783$33,339,500
62$41,034,289$27,569,109$24,443,738$35,840,183
63$45,157,564$28,857,772$25,200,380$38,556,737
64$49,699,452$30,207,620$25,980,410$41,509,414
65$54,702,592$31,621,589$26,784,550$44,720,450
66$60,213,966$33,102,757$27,613,542$48,214,263
67$66,285,350$34,654,351$28,468,155$52,017,670
68$72,973,796$36,279,755$29,349,178$56,160,133
69$80,342,174$37,982,514$30,257,427$60,674,018
70$88,459,766$39,766,347$31,193,741$65,594,890
71$97,402,918$41,635,154$32,158,986$70,961,834
72$107,255,758$43,593,019$33,154,056$76,817,810
73$118,110,998$45,644,229$34,179,869$83,210,038
74$130,070,799$47,793,276$35,237,374$90,190,433
75$143,247,743$50,044,869$36,327,548$97,816,076
76$157,765,892$52,403,946$37,451,400$106,149,733
77$173,761,958$54,875,685$38,609,967$115,260,429
78$191,386,597$57,465,513$39,804,321$125,224,083
79$210,805,829$60,179,122$41,035,564$136,124,199
80$232,202,603$63,022,478$42,304,835$148,052,635
81$255,778,527$66,001,838$43,613,305$161,110,448
82$281,755,770$69,123,762$44,962,184$175,408,822
83$310,379,158$72,395,126$46,352,717$191,070,094
84$341,918,488$75,823,142$47,786,189$208,228,883
85$376,671,070$79,415,373$49,263,922$227,033,332
86$414,964,537$83,179,744$50,787,282$247,646,476
87$457,159,938$87,124,570$52,357,674$270,247,757
88$503,655,144$91,258,566$53,976,549$295,034,680
89$554,888,606$95,590,873$55,645,400$322,224,646
90$611,343,490$100,131,072$57,365,767$352,056,970
91$673,552,244$104,889,213$59,139,239$384,795,108
92$742,101,621$109,875,832$60,967,451$420,729,096
93$817,638,216$115,101,977$62,852,090$460,178,258
94$900,874,573$120,579,234$64,794,895$503,494,174
95$992,595,913$126,319,749$66,797,657$551,063,955
96$1,093,667,542$132,336,263$68,862,224$603,313,852
97$1,205,043,023$138,642,131$70,990,500$660,713,233
98$1,327,773,176$145,251,360$73,184,447$723,778,962
99$1,463,016,002$152,178,639$75,446,087$793,080,226
100$1,612,047,609$159,439,368$77,777,507$869,243,852