Can I retire at age 55 with 19,500,000?

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 $19,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$1,610,292$1,595,948$1,581,954$1,568,295$1,554,957$1,544,510
2 years$797,174$782,328$767,939$753,988$740,456$729,920
3 years$526,170$511,260$496,907$483,087$469,776$459,477
4 years$390,695$375,830$361,621$348,037$335,048$325,065
5 years$309,431$294,655$280,633$267,326$254,698$245,061
6 years$255,273$240,608$226,793$213,783$201,534$192,255
7 years$216,603$202,062$188,466$175,763$163,901$154,985
8 years$187,615$173,205$159,834$147,443$135,972$127,419
9 years$165,080$150,806$137,665$125,589$114,508$106,315
10 years$147,062$132,928$120,020$108,259$97,566$89,730
11 years$132,330$118,338$105,663$94,217$83,910$76,425
12 years$120,063$106,214$93,774$82,641$72,715$65,574
13 years$109,690$95,986$83,780$72,960$63,409$56,604
14 years$100,807$87,249$75,277$64,766$55,584$49,108
15 years$93,116$79,703$67,965$57,760$48,940$42,785
16 years$86,392$73,126$61,620$51,717$43,254$37,409
17 years$80,466$67,347$56,072$46,468$38,352$32,809
18 years$75,204$62,231$51,187$41,877$34,101$28,849
19 years$70,501$57,675$46,859$37,839$30,395$25,425
20 years$66,274$53,595$43,005$34,271$27,149$22,451
21 years$62,455$49,921$39,556$31,103$24,295$19,859
22 years$58,987$46,600$36,457$28,280$21,777$17,592
23 years$55,826$43,584$33,662$25,755$19,549$15,604
24 years$52,932$40,835$31,131$23,490$17,571$13,857
25 years$50,274$38,322$28,834$21,452$15,811$12,317
26 years$47,824$36,016$26,742$19,615$14,242$10,959
27 years$45,560$33,896$24,832$17,954$12,840$9,758
28 years$43,461$31,940$23,085$16,450$11,586$8,694
29 years$41,511$30,131$21,482$15,085$10,462$7,751
30 years$39,694$28,456$20,010$13,844$9,453$6,915
31 years$37,997$26,900$18,655$12,715$8,546$6,171
32 years$36,410$25,453$17,405$11,685$7,731$5,510
33 years$34,922$24,105$16,251$10,745$6,996$4,922
34 years$33,524$22,846$15,184$9,887$6,334$4,397
35 years$32,209$21,669$14,196$9,101$5,737$3,930
36 years$30,971$20,567$13,280$8,382$5,198$3,514
37 years$29,801$19,534$12,430$7,723$4,711$3,142
38 years$28,696$18,564$11,640$7,118$4,271$2,810
39 years$27,651$17,653$10,906$6,564$3,873$2,514
40 years$26,660$16,795$10,222$6,054$3,513$2,250
41 years$25,719$15,987$9,585$5,585$3,187$2,013
42 years$24,826$15,226$8,991$5,155$2,892$1,802
43 years$23,977$14,507$8,437$4,758$2,625$1,613
44 years$23,169$13,828$7,919$4,394$2,383$1,444
45 years$22,399$13,186$7,436$4,058$2,163$1,293
46 years$21,664$12,579$6,984$3,748$1,964$1,157
47 years$20,963$12,005$6,561$3,463$1,783$1,036
48 years$20,293$11,460$6,166$3,200$1,619$928
49 years$19,652$10,944$5,796$2,957$1,471$831
50 years$19,039$10,454$5,449$2,733$1,336$744

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $19,500,000, adding $4,019 every year, while hoping to spend $21,500 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: 75/13/12 Blend
54$19,500,000$19,500,000$19,500,000$19,500,000
55$21,493,146$20,459,646$20,157,396$23,053,727
56$23,662,571$21,439,292$20,809,793$25,063,609
57$26,052,556$22,466,221$21,483,324$27,262,569
58$28,685,577$23,542,726$22,178,676$29,671,866
59$31,586,400$24,671,214$22,896,555$32,312,385
60$34,782,315$25,854,206$23,637,692$35,207,119
61$38,303,399$27,094,349$24,402,842$38,381,377
62$42,182,791$28,394,417$25,192,783$41,863,026
63$46,457,013$29,757,322$26,008,319$45,682,748
64$51,166,311$31,186,112$26,850,279$49,874,325
65$56,355,033$32,683,991$27,719,523$54,474,953
66$62,072,052$34,254,312$28,616,933$59,525,594
67$68,371,225$35,900,597$29,543,423$65,071,353
68$75,311,900$37,626,536$30,499,938$71,161,903
69$82,959,479$39,436,001$31,487,450$77,851,945
70$91,386,031$41,333,051$32,506,966$85,201,726
71$100,670,980$43,321,945$33,559,523$93,277,596
72$110,901,847$45,407,146$34,646,193$102,152,634
73$122,175,078$47,593,339$35,768,084$111,907,331
74$134,596,957$49,885,434$36,926,336$122,630,340
75$148,284,609$52,288,583$38,122,131$134,419,314
76$163,367,103$54,808,187$39,356,686$147,381,815
77$179,986,671$57,449,912$40,631,258$161,636,329
78$198,300,053$60,219,699$41,947,147$177,313,372
79$218,479,975$63,123,780$43,305,692$194,556,717
80$240,716,777$66,168,691$44,708,278$213,524,746
81$265,220,217$69,361,285$46,156,334$234,391,932
82$292,221,443$72,708,752$47,651,335$257,350,486
83$321,975,180$76,218,631$49,194,805$282,612,153
84$354,762,133$79,898,829$50,788,316$310,410,210
85$390,891,639$83,757,639$52,433,492$341,001,657
86$430,704,583$87,803,760$54,132,011$374,669,628
87$474,576,619$92,046,314$55,885,603$411,726,063
88$522,921,719$96,494,868$57,696,055$452,514,633
89$576,196,076$101,159,457$59,565,214$497,413,981
90$634,902,411$106,050,606$61,494,984$546,841,277
91$699,594,724$111,179,353$63,487,333$601,256,152
92$770,883,519$116,557,274$65,544,292$661,165,018
93$849,441,571$122,196,513$67,667,958$727,125,839
94$936,010,273$128,109,805$69,860,497$799,753,383
95$1,031,406,642$134,310,506$72,124,145$879,725,012
96$1,136,531,025$140,812,627$74,461,209$967,787,062
97$1,252,375,604$147,630,860$76,874,074$1,064,761,868
98$1,380,033,759$154,780,616$79,365,199$1,171,555,519
99$1,520,710,396$162,278,059$81,937,127$1,289,166,386
100$1,675,733,315$170,140,143$84,592,479$1,418,694,536