Can I retire at age 55 with 19,900,000?

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 $19,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,523,292
2 years$813,526$798,375$783,691$769,454$755,645$692,406
3 years$536,964$521,747$507,100$492,997$479,412$418,487
4 years$398,709$383,539$369,039$355,176$341,921$283,773
5 years$315,778$300,700$286,390$272,810$259,923$204,700
6 years$260,509$245,544$231,445$218,168$205,668$153,404
7 years$221,047$206,207$192,332$179,368$167,263$117,939
8 years$191,463$176,758$163,113$150,467$138,761$92,326
9 years$168,466$153,899$140,489$128,165$116,857$73,239
10 years$150,079$135,655$122,482$110,479$99,568$58,681
11 years$135,045$120,765$107,831$96,150$85,632$47,380
12 years$122,526$108,393$95,697$84,337$74,207$38,486
13 years$111,940$97,955$85,499$74,457$64,710$31,410
14 years$102,875$89,039$76,821$66,094$56,724$25,733
15 years$95,026$81,338$69,359$58,944$49,944$21,147
16 years$88,165$74,626$62,885$52,778$44,141$17,421
17 years$82,117$68,728$57,222$47,421$39,138$14,380
18 years$76,747$63,508$52,237$42,736$34,800$11,890
19 years$71,948$58,858$47,820$38,615$31,018$9,844
20 years$67,634$54,694$43,887$34,974$27,706$8,160
21 years$63,736$50,945$40,367$31,741$24,794$6,769
22 years$60,197$47,556$37,205$28,860$22,224$5,620
23 years$56,971$44,478$34,352$26,283$19,950$4,669
24 years$54,018$41,673$31,770$23,972$17,931$3,881
25 years$51,305$39,108$29,425$21,892$16,135$3,227
26 years$48,805$36,755$27,290$20,017$14,534$2,685
27 years$46,495$34,591$25,342$18,322$13,104$2,234
28 years$44,353$32,595$23,558$16,787$11,824$1,859
29 years$42,362$30,749$21,923$15,394$10,676$1,548
30 years$40,508$29,040$20,420$14,128$9,647$1,289
31 years$38,776$27,452$19,037$12,975$8,722$1,073
32 years$37,157$25,975$17,762$11,925$7,889$894
33 years$35,638$24,599$16,585$10,966$7,140$745
34 years$34,212$23,314$15,496$10,090$6,464$620
35 years$32,870$22,113$14,487$9,288$5,855$517
36 years$31,606$20,989$13,553$8,554$5,305$430
37 years$30,413$19,934$12,685$7,881$4,808$359
38 years$29,285$18,945$11,879$7,264$4,359$299
39 years$28,218$18,015$11,129$6,698$3,953$249
40 years$27,206$17,139$10,432$6,178$3,585$207
41 years$26,247$16,315$9,781$5,700$3,253$173
42 years$25,336$15,538$9,175$5,260$2,952$144
43 years$24,469$14,805$8,610$4,856$2,679$120
44 years$23,644$14,112$8,082$4,484$2,431$100
45 years$22,858$13,457$7,589$4,141$2,207$83
46 years$22,108$12,837$7,127$3,825$2,004$69
47 years$21,393$12,251$6,696$3,534$1,820$58
48 years$20,709$11,695$6,292$3,265$1,653$48
49 years$20,055$11,168$5,914$3,018$1,501$40
50 years$19,429$10,668$5,560$2,789$1,363$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $19,900,000, adding $2,522 every year, while hoping to spend $51,966 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: 67/13/20 Blend
54$19,900,000$19,900,000$19,900,000$19,900,000
55$21,932,401$20,877,701$20,569,251$23,292,114
56$24,114,215$21,845,417$21,203,030$25,170,717
57$26,516,832$22,858,810$21,856,298$27,218,033
58$29,162,719$23,920,062$22,529,655$29,455,650
59$32,076,634$25,031,462$23,223,715$31,902,284
60$35,285,856$26,195,409$23,939,116$34,578,538
61$38,820,447$27,414,418$24,676,510$37,507,084
62$42,713,533$28,691,125$25,436,573$40,712,880
63$47,001,616$30,028,293$26,220,001$44,223,398
64$51,724,919$31,428,817$27,027,509$48,068,879
65$56,927,767$32,895,735$27,859,837$52,282,617
66$62,659,002$34,432,230$28,717,745$56,901,267
67$68,972,449$36,041,638$29,602,018$61,965,185
68$75,927,418$37,727,457$30,513,465$67,518,807
69$83,589,267$39,493,355$31,452,918$73,611,063
70$92,030,017$41,343,174$32,421,236$80,295,830
71$101,329,036$43,280,947$33,419,304$87,632,441
72$111,573,781$45,310,896$34,448,034$95,686,234
73$122,860,629$47,437,453$35,508,366$104,529,168
74$135,295,785$49,665,260$36,601,268$114,240,490
75$148,996,283$51,999,186$37,727,738$124,907,482
76$164,091,092$54,444,334$38,888,806$136,626,277
77$180,722,333$57,006,056$40,085,530$149,502,756
78$199,046,621$59,689,962$41,319,005$163,653,546
79$219,236,539$62,501,934$42,590,355$179,207,108
80$241,482,275$65,448,137$43,900,741$196,304,944
81$265,993,410$68,535,039$45,251,358$215,102,927
82$293,000,899$71,769,417$46,643,440$235,772,760
83$322,759,251$75,158,378$48,078,255$258,503,588
84$355,548,930$78,709,375$49,557,113$283,503,777
85$391,679,007$82,430,220$51,081,361$311,002,869
86$431,490,070$86,329,105$52,652,391$341,253,741
87$475,357,445$90,414,619$54,271,635$374,534,977
88$523,694,737$94,695,768$55,940,567$411,153,493
89$576,957,735$99,181,995$57,660,710$451,447,417
90$635,648,711$103,883,200$59,433,631$495,789,273
91$700,321,167$108,809,764$61,260,946$544,589,483
92$771,585,057$113,972,574$63,144,318$598,300,229
93$850,112,544$119,383,042$65,085,465$657,419,708
94$936,644,349$125,053,135$67,086,152$722,496,819
95$1,031,996,737$130,995,404$69,148,203$794,136,336
96$1,137,069,231$137,223,005$71,273,495$873,004,592
97$1,252,853,097$143,749,737$73,463,962$959,835,762
98$1,380,440,706$150,590,068$75,721,598$1,055,438,772
99$1,521,035,844$157,759,167$78,048,457$1,160,704,920
100$1,675,965,077$165,272,943$80,446,657$1,276,616,269