Can I retire at age 55 with 19,400,000?

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 $19,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$1,602,034$1,587,764$1,573,841$1,560,252$1,546,983$1,501,072
2 years$793,086$778,316$764,001$750,121$736,659$690,783
3 years$523,472$508,638$494,359$480,610$467,367$422,965
4 years$388,691$373,903$359,767$346,252$333,330$290,742
5 years$307,844$293,144$279,194$265,955$253,392$212,735
6 years$253,964$239,374$225,630$212,686$200,500$161,810
7 years$215,493$201,026$187,500$174,861$163,061$126,335
8 years$186,653$172,317$159,015$146,687$135,274$100,492
9 years$164,233$150,033$136,959$124,945$113,921$81,046
10 years$146,308$132,246$119,404$107,703$97,066$66,052
11 years$131,652$117,731$105,121$93,734$83,480$54,275
12 years$119,447$105,669$93,293$82,218$72,342$44,886
13 years$109,128$95,494$83,351$72,586$63,084$37,315
14 years$100,290$86,801$74,891$64,434$55,299$31,151
15 years$92,638$79,295$67,617$57,463$48,689$26,095
16 years$85,949$72,751$61,304$51,452$43,032$21,922
17 years$80,053$67,001$55,784$46,229$38,155$18,459
18 years$74,818$61,912$50,924$41,662$33,926$15,573
19 years$70,140$57,380$46,619$37,645$30,239$13,160
20 years$65,934$53,320$42,784$34,095$27,010$11,136
21 years$62,135$49,665$39,353$30,943$24,171$9,434
22 years$58,685$46,361$36,270$28,135$21,666$8,000
23 years$55,539$43,360$33,489$25,623$19,448$6,789
24 years$52,661$40,626$30,972$23,369$17,481$5,765
25 years$50,016$38,125$28,686$21,342$15,730$4,899
26 years$47,579$35,832$26,605$19,514$14,169$4,165
27 years$45,326$33,722$24,705$17,862$12,774$3,542
28 years$43,238$31,776$22,966$16,365$11,527$3,014
29 years$41,298$29,977$21,372$15,007$10,408$2,565
30 years$39,490$28,310$19,907$13,773$9,404$2,183
31 years$37,802$26,762$18,559$12,649$8,503$1,859
32 years$36,223$25,323$17,316$11,625$7,691$1,583
33 years$34,743$23,981$16,168$10,690$6,961$1,349
34 years$33,352$22,728$15,106$9,836$6,302$1,149
35 years$32,044$21,558$14,123$9,055$5,708$979
36 years$30,812$20,461$13,212$8,339$5,172$834
37 years$29,648$19,434$12,366$7,683$4,687$711
38 years$28,549$18,469$11,581$7,082$4,249$606
39 years$27,509$17,562$10,850$6,530$3,854$516
40 years$26,523$16,709$10,169$6,023$3,495$440
41 years$25,587$15,905$9,536$5,557$3,171$375
42 years$24,699$15,148$8,945$5,128$2,877$319
43 years$23,854$14,433$8,393$4,734$2,611$272
44 years$23,050$13,757$7,879$4,371$2,370$232
45 years$22,284$13,119$7,398$4,037$2,152$198
46 years$21,553$12,515$6,948$3,729$1,954$169
47 years$20,855$11,943$6,528$3,445$1,774$144
48 years$20,189$11,401$6,134$3,183$1,611$123
49 years$19,551$10,887$5,766$2,942$1,463$104
50 years$18,941$10,400$5,421$2,719$1,329$89

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $19,400,000, adding $3,933 every year, while hoping to spend $32,686 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: 39/37/24 Blend
54$19,400,000$19,400,000$19,400,000$19,400,000
55$21,382,857$20,354,657$20,053,957$22,064,093
56$23,529,131$21,317,257$20,690,987$23,520,703
57$25,893,229$22,325,930$21,348,262$25,091,344
58$28,497,335$23,382,897$22,026,425$26,789,063
59$31,365,894$24,490,491$22,726,142$28,625,438
60$34,525,845$25,651,153$23,448,097$30,613,162
61$38,006,869$26,867,449$24,192,996$32,766,164
62$41,841,680$28,142,063$24,961,571$35,099,727
63$46,066,321$29,477,814$25,754,574$37,630,622
64$50,720,514$30,877,656$26,572,781$40,377,259
65$55,848,032$32,344,686$27,416,994$43,359,853
66$61,497,108$33,882,152$28,288,040$46,600,600
67$67,720,895$35,493,460$29,186,772$50,123,876
68$74,577,969$37,182,182$30,114,071$53,956,461
69$82,132,874$38,952,061$31,070,845$58,127,775
70$90,456,740$40,807,025$32,058,031$62,670,143
71$99,627,949$42,751,191$33,076,597$67,619,091
72$109,732,878$44,788,877$34,127,540$73,013,665
73$120,866,709$46,924,610$35,211,891$78,896,786
74$133,134,335$49,163,138$36,330,711$85,315,641
75$146,651,345$51,509,439$37,485,097$92,322,112
76$161,545,115$53,968,734$38,676,181$99,973,249
77$177,956,012$56,546,498$39,905,128$108,331,794
78$196,038,720$59,248,471$41,173,145$117,466,755
79$215,963,697$62,080,673$42,481,472$127,454,034
80$237,918,785$65,049,417$43,831,393$138,377,133
81$262,110,987$68,161,324$45,224,230$150,327,913
82$288,768,414$71,423,336$46,661,348$163,407,446
83$318,142,445$74,842,732$48,144,157$177,726,945
84$350,510,097$78,427,148$49,674,108$193,408,790
85$386,176,638$82,184,590$51,252,702$210,587,659
86$425,478,473$86,123,454$52,881,486$229,411,774
87$468,786,319$90,252,544$54,562,057$250,044,275
88$516,508,699$94,581,094$56,296,061$272,664,731
89$569,095,806$99,118,788$58,085,199$297,470,806
90$627,043,750$103,875,780$59,931,225$324,680,094
91$690,899,240$108,862,720$61,835,948$354,532,142
92$761,264,745$114,090,777$63,801,236$387,290,679
93$838,804,187$119,571,662$65,829,015$423,246,067
94$924,249,200$125,317,660$67,921,273$462,718,010
95$1,018,406,045$131,341,652$70,080,062$506,058,532
96$1,122,163,216$137,657,147$72,307,498$553,655,258
97$1,236,499,830$144,278,314$74,605,766$605,935,033
98$1,362,494,873$151,220,011$76,977,119$663,367,911
99$1,501,337,379$158,497,821$79,423,882$726,471,541
100$1,654,337,664$166,128,086$81,948,454$795,816,007