Can I retire at age 55 with 20,000,000?

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 $20,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$1,651,581$1,636,870$1,622,517$1,608,508$1,594,828$1,557,539
2 years$817,615$802,387$787,630$773,321$759,442$722,086
3 years$539,662$524,369$509,648$495,474$481,821$445,565
4 years$400,713$385,467$370,894$356,961$343,639$308,762
5 years$317,365$302,211$287,829$274,180$261,229$227,829
6 years$261,818$246,778$232,608$219,264$206,701$174,812
7 years$222,157$207,243$193,299$180,269$168,104$137,730
8 years$192,425$177,646$163,933$151,223$139,458$110,589
9 years$169,313$154,673$141,195$128,809$117,444$90,056
10 years$150,833$136,336$123,097$111,034$100,068$74,131
11 years$135,724$121,372$108,373$96,633$86,062$61,540
12 years$123,141$108,937$96,178$84,760$74,579$51,433
13 years$112,503$98,447$85,929$74,831$65,035$43,220
14 years$103,392$89,486$77,207$66,426$57,009$36,481
15 years$95,503$81,747$69,708$59,241$50,195$30,905
16 years$88,608$75,001$63,201$53,044$44,363$26,261
17 years$82,529$69,073$57,510$47,659$39,335$22,371
18 years$77,132$63,827$52,499$42,951$34,975$19,098
19 years$72,309$59,154$48,060$38,809$31,174$16,334
20 years$67,974$54,969$44,107$35,149$27,845$13,991
21 years$64,056$51,201$40,570$31,900$24,918$11,999
22 years$60,500$47,795$37,392$29,005$22,336$10,302
23 years$57,257$44,701$34,525$26,415$20,050$8,854
24 years$54,289$41,882$31,930$24,092$18,021$7,615
25 years$51,563$39,304$29,573$22,002$16,216$6,554
26 years$49,051$36,940$27,428$20,118$14,607$5,644
27 years$46,728$34,765$25,469$18,414$13,170$4,863
28 years$44,576$32,759$23,677$16,871$11,883$4,192
29 years$42,575$30,904$22,033$15,471$10,730$3,614
30 years$40,711$29,186$20,523$14,199$9,695$3,118
31 years$38,971$27,590$19,133$13,041$8,766$2,690
32 years$37,343$26,106$17,851$11,985$7,929$2,322
33 years$35,817$24,723$16,668$11,021$7,176$2,004
34 years$34,384$23,431$15,574$10,140$6,497$1,730
35 years$33,035$22,224$14,560$9,335$5,884$1,494
36 years$31,765$21,094$13,621$8,597$5,332$1,290
37 years$30,565$20,035$12,749$7,921$4,832$1,114
38 years$29,432$19,040$11,939$7,301$4,381$962
39 years$28,360$18,105$11,185$6,732$3,973$831
40 years$27,343$17,226$10,484$6,209$3,603$718
41 years$26,379$16,397$9,831$5,729$3,269$621
42 years$25,463$15,616$9,221$5,287$2,966$536
43 years$24,592$14,879$8,653$4,880$2,692$463
44 years$23,763$14,183$8,122$4,506$2,444$400
45 years$22,973$13,525$7,627$4,162$2,218$346
46 years$22,219$12,902$7,163$3,844$2,014$299
47 years$21,500$12,312$6,730$3,552$1,829$258
48 years$20,813$11,754$6,324$3,282$1,661$223
49 years$20,156$11,224$5,944$3,033$1,509$193
50 years$19,527$10,722$5,588$2,803$1,370$167

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $20,000,000, adding $4,528 every year, while hoping to spend $26,342 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: 53/37/10 Blend
54$20,000,000$20,000,000$20,000,000$20,000,000
55$22,044,671$20,984,671$20,674,671$23,156,565
56$24,265,199$21,984,892$21,339,244$24,912,857
57$26,711,339$23,033,241$22,025,199$26,819,405
58$29,406,074$24,132,049$22,733,221$28,893,015
59$32,374,733$25,283,758$23,464,024$31,149,502
60$35,645,227$26,490,933$24,218,339$33,606,239
61$39,248,311$27,756,260$24,996,924$36,282,310
62$43,217,878$29,082,556$25,800,561$39,198,685
63$47,591,279$30,472,778$26,630,057$42,378,408
64$52,409,669$31,930,024$27,486,243$45,846,808
65$57,718,403$33,457,543$28,369,980$49,631,723
66$63,567,461$35,058,744$29,282,156$53,763,759
67$70,011,919$36,737,199$30,223,685$58,276,566
68$77,112,470$38,496,657$31,195,514$63,207,145
69$84,935,996$40,341,048$32,198,618$68,596,185
70$93,556,201$42,274,492$33,234,004$74,488,436
71$103,054,304$44,301,312$34,302,714$80,933,122
72$113,519,807$46,426,041$35,405,819$87,984,387
73$125,051,342$48,653,431$36,544,428$95,701,796
74$137,757,597$50,988,468$37,719,685$104,150,885
75$151,758,347$53,436,378$38,932,770$113,403,760
76$167,185,582$56,002,644$40,184,901$123,539,764
77$184,184,754$58,693,016$41,477,338$134,646,211
78$202,916,148$61,513,523$42,811,377$146,819,194
79$223,556,397$64,470,488$44,188,361$160,164,467
80$246,300,150$67,570,542$45,609,671$174,798,436
81$271,361,907$70,820,640$47,076,737$190,849,229
82$298,978,047$74,228,077$48,591,033$208,457,887
83$329,409,055$77,800,500$50,154,080$227,779,676
84$362,941,986$81,545,932$51,767,449$248,985,531
85$399,893,173$85,472,787$53,432,763$272,263,640
86$440,611,210$89,589,887$55,151,694$297,821,202
87$485,480,248$93,906,487$56,925,971$325,886,355
88$534,923,620$98,432,290$58,757,377$356,710,301
89$589,407,833$103,177,477$60,647,753$390,569,650
90$649,446,979$108,152,720$62,599,000$427,769,002
91$715,607,584$113,369,216$64,613,079$468,643,790
92$788,513,956$118,838,707$66,692,016$513,563,415
93$868,854,082$124,573,506$68,837,901$562,934,697
94$957,386,120$130,586,529$71,052,892$617,205,683
95$1,054,945,556$136,891,321$73,339,216$676,869,835
96$1,162,453,096$143,502,088$75,699,172$742,470,650
97$1,280,923,352$150,433,731$78,135,135$814,606,754
98$1,411,474,425$157,701,875$80,649,553$893,937,501
99$1,555,338,460$165,322,910$83,244,957$981,189,162
100$1,713,873,276$173,314,026$85,923,956$1,077,161,726