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

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 $19,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,542,241
2 years$813,526$798,375$783,691$769,454$755,645$711,038
3 years$536,964$521,747$507,100$492,997$479,412$436,208
4 years$398,709$383,539$369,039$355,176$341,921$300,452
5 years$315,778$300,700$286,390$272,810$259,923$220,302
6 years$260,509$245,544$231,445$218,168$205,668$167,933
7 years$221,047$206,207$192,332$179,368$167,263$131,415
8 years$191,463$176,758$163,113$150,467$138,761$104,779
9 years$168,466$153,899$140,489$128,165$116,857$84,708
10 years$150,079$135,655$122,482$110,479$99,568$69,210
11 years$135,045$120,765$107,831$96,150$85,632$57,016
12 years$122,526$108,393$95,697$84,337$74,207$47,278
13 years$111,940$97,955$85,499$74,457$64,710$39,410
14 years$102,875$89,039$76,821$66,094$56,724$32,991
15 years$95,026$81,338$69,359$58,944$49,944$27,714
16 years$88,165$74,626$62,885$52,778$44,141$23,349
17 years$82,117$68,728$57,222$47,421$39,138$19,718
18 years$76,747$63,508$52,237$42,736$34,800$16,685
19 years$71,948$58,858$47,820$38,615$31,018$14,142
20 years$67,634$54,694$43,887$34,974$27,706$12,003
21 years$63,736$50,945$40,367$31,741$24,794$10,200
22 years$60,197$47,556$37,205$28,860$22,224$8,676
23 years$56,971$44,478$34,352$26,283$19,950$7,387
24 years$54,018$41,673$31,770$23,972$17,931$6,293
25 years$51,305$39,108$29,425$21,892$16,135$5,364
26 years$48,805$36,755$27,290$20,017$14,534$4,575
27 years$46,495$34,591$25,342$18,322$13,104$3,904
28 years$44,353$32,595$23,558$16,787$11,824$3,332
29 years$42,362$30,749$21,923$15,394$10,676$2,845
30 years$40,508$29,040$20,420$14,128$9,647$2,430
31 years$38,776$27,452$19,037$12,975$8,722$2,076
32 years$37,157$25,975$17,762$11,925$7,889$1,774
33 years$35,638$24,599$16,585$10,966$7,140$1,516
34 years$34,212$23,314$15,496$10,090$6,464$1,296
35 years$32,870$22,113$14,487$9,288$5,855$1,108
36 years$31,606$20,989$13,553$8,554$5,305$947
37 years$30,413$19,934$12,685$7,881$4,808$810
38 years$29,285$18,945$11,879$7,264$4,359$692
39 years$28,218$18,015$11,129$6,698$3,953$592
40 years$27,206$17,139$10,432$6,178$3,585$506
41 years$26,247$16,315$9,781$5,700$3,253$433
42 years$25,336$15,538$9,175$5,260$2,952$370
43 years$24,469$14,805$8,610$4,856$2,679$317
44 years$23,644$14,112$8,082$4,484$2,431$271
45 years$22,858$13,457$7,589$4,141$2,207$232
46 years$22,108$12,837$7,127$3,825$2,004$198
47 years$21,393$12,251$6,696$3,534$1,820$169
48 years$20,709$11,695$6,292$3,265$1,653$145
49 years$20,055$11,168$5,914$3,018$1,501$124
50 years$19,429$10,668$5,560$2,789$1,363$106

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 $2,558 every year, while hoping to spend $55,504 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: 60/22/18 Blend
54$19,900,000$19,900,000$19,900,000$19,900,000
55$21,932,439$20,877,739$20,569,289$23,146,192
56$24,110,491$21,841,692$21,199,304$24,930,796
57$26,508,846$22,851,019$21,848,565$26,870,447
58$29,149,913$23,907,884$22,517,656$28,985,245
59$32,058,390$25,014,556$23,207,184$31,292,155
60$35,261,490$26,173,413$23,917,769$33,809,835
61$38,789,200$27,386,949$24,650,052$36,558,808
62$42,674,564$28,657,775$25,404,694$39,561,647
63$46,953,995$29,988,631$26,182,377$42,843,189
64$51,667,616$31,382,388$26,983,800$46,430,756
65$56,859,642$32,842,054$27,809,687$50,354,411
66$62,578,796$34,370,786$28,660,782$54,647,237
67$68,878,767$35,971,888$29,537,852$59,345,640
68$75,818,719$37,648,828$30,441,688$64,489,685
69$83,463,846$39,405,238$31,373,102$70,123,469
70$91,885,993$41,244,929$32,332,936$76,295,531
71$101,164,327$43,171,893$33,322,051$83,059,299
72$111,386,088$45,190,316$34,341,340$90,473,589
73$122,647,414$47,304,587$35,391,720$98,603,150
74$135,054,243$49,519,304$36,474,136$107,519,265
75$148,723,318$51,839,292$37,589,561$117,300,421
76$163,783,285$54,269,606$38,739,000$128,033,030
77$180,375,910$56,815,546$39,923,486$139,812,246
78$198,657,414$59,482,670$41,144,085$152,742,841
79$218,799,951$62,276,802$42,401,892$166,940,194
80$240,993,231$65,204,050$43,698,041$182,531,359
81$265,446,310$68,270,817$45,033,694$199,656,260
82$292,389,563$71,483,817$46,410,052$218,468,995
83$322,076,861$74,850,087$47,828,352$239,139,275
84$354,787,966$78,377,006$49,289,867$261,854,022
85$390,831,171$82,072,312$50,795,910$286,819,106
86$430,546,210$85,944,114$52,347,832$314,261,285
87$474,307,466$90,000,918$53,947,027$344,430,323
88$522,527,504$94,251,641$55,594,929$377,601,333
89$575,660,968$98,705,629$57,293,018$414,077,358
90$634,208,869$103,372,687$59,042,816$454,192,212
91$698,723,315$108,263,090$60,845,892$498,313,614
92$769,812,727$113,387,616$62,703,863$546,846,639
93$848,147,578$118,757,561$64,618,395$600,237,522
94$934,466,722$124,384,773$66,591,203$658,977,847
95$1,029,584,375$130,281,674$68,624,055$723,609,169
96$1,134,397,792$136,461,287$70,718,772$794,728,098
97$1,249,895,746$142,937,269$72,877,230$872,991,912
98$1,377,167,857$149,723,940$75,101,362$959,124,732
99$1,517,414,879$156,836,314$77,393,158$1,053,924,334
100$1,671,960,039$164,290,136$79,754,671$1,158,269,649