Can I retire at age 53 with 19,100,000?

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 $19,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,491,699
2 years$780,822$766,280$752,186$738,521$725,267$693,814
3 years$515,377$500,772$486,714$473,178$460,139$429,575
4 years$382,681$368,121$354,203$340,898$328,175$298,736
5 years$303,084$288,611$274,876$261,842$249,474$221,242
6 years$250,036$235,673$222,141$209,397$197,400$170,407
7 years$212,160$197,918$184,600$172,157$160,539$134,791
8 years$183,766$169,652$156,556$144,418$133,183$108,670
9 years$161,694$147,712$134,841$123,012$112,159$88,867
10 years$144,046$130,201$117,558$106,038$95,565$73,469
11 years$129,616$115,911$103,496$92,285$82,189$61,263
12 years$117,600$104,035$91,850$80,946$71,223$51,435
13 years$107,440$94,017$82,062$71,463$62,108$43,424
14 years$98,740$85,459$73,733$63,437$54,444$36,828
15 years$91,206$78,068$66,571$56,575$47,936$31,351
16 years$84,620$71,626$60,356$50,657$42,366$26,773
17 years$78,815$65,965$54,922$45,515$37,565$22,923
18 years$73,661$60,955$50,137$41,018$33,401$19,670
19 years$69,055$56,492$45,898$37,063$29,771$16,910
20 years$64,915$52,495$42,123$33,568$26,592$14,561
21 years$61,174$48,897$38,745$30,465$23,797$12,555
22 years$57,777$45,644$35,709$27,700$21,331$10,838
23 years$54,681$42,690$32,971$25,226$19,148$9,365
24 years$51,846$39,998$30,493$23,008$17,210$8,100
25 years$49,243$37,536$28,242$21,012$15,487$7,010
26 years$46,843$35,278$26,193$19,213$13,950$6,071
27 years$44,626$33,200$24,323$17,586$12,577$5,260
28 years$42,570$31,284$22,611$16,112$11,348$4,560
29 years$40,659$29,513$21,042$14,775$10,247$3,955
30 years$38,879$27,872$19,600$13,560$9,259$3,431
31 years$37,218$26,348$18,272$12,454$8,371$2,978
32 years$35,663$24,931$17,048$11,445$7,572$2,585
33 years$34,205$23,610$15,918$10,525$6,853$2,244
34 years$32,836$22,377$14,873$9,684$6,205$1,949
35 years$31,549$21,224$13,905$8,915$5,620$1,693
36 years$30,335$20,145$13,008$8,210$5,092$1,471
37 years$29,190$19,133$12,175$7,564$4,615$1,278
38 years$28,108$18,183$11,401$6,972$4,184$1,110
39 years$27,083$17,290$10,682$6,429$3,794$965
40 years$26,113$16,450$10,012$5,930$3,441$838
41 years$25,192$15,659$9,388$5,471$3,122$729
42 years$24,317$14,913$8,806$5,049$2,833$633
43 years$23,485$14,209$8,264$4,661$2,571$551
44 years$22,694$13,545$7,757$4,303$2,334$479
45 years$21,939$12,916$7,283$3,974$2,119$416
46 years$21,220$12,321$6,841$3,671$1,924$362
47 years$20,533$11,758$6,427$3,392$1,747$314
48 years$19,876$11,225$6,039$3,134$1,586$273
49 years$19,249$10,719$5,677$2,896$1,441$238
50 years$18,648$10,239$5,337$2,677$1,309$207

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $19,100,000, adding $5,089 every year, while hoping to spend $43,302 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: 75/15/10 Blend
52$19,100,000$19,100,000$19,100,000$19,100,000
53$21,053,449$20,041,149$19,745,099$22,594,349
54$23,154,828$20,977,093$20,360,487$24,546,485
55$25,469,096$21,957,446$20,995,039$26,679,194
56$28,017,923$22,984,339$21,649,352$29,015,134
57$30,825,185$24,060,007$22,324,039$31,574,457
58$33,917,196$25,186,789$23,019,737$34,379,342
59$37,322,949$26,367,140$23,737,096$37,454,207
60$41,074,394$27,603,634$24,476,793$40,825,934
61$45,206,738$28,898,968$25,239,522$44,524,117
62$49,758,778$30,255,970$26,025,998$48,581,342
63$54,773,266$31,677,605$26,836,962$53,033,486
64$60,297,313$33,166,982$27,673,174$57,920,054
65$66,382,834$34,727,359$28,535,421$63,284,549
66$73,087,036$36,362,153$29,424,511$69,174,873
67$80,472,962$38,074,947$30,341,280$75,643,780
68$88,610,080$39,869,495$31,286,589$82,749,368
69$97,574,944$41,749,736$32,261,325$90,555,618
70$107,451,913$43,719,798$33,266,404$99,132,998
71$118,333,949$45,784,009$34,302,770$108,559,121
72$130,323,494$47,946,908$35,371,395$118,919,469
73$143,533,437$50,213,252$36,473,282$130,308,196
74$158,088,177$52,588,031$37,609,467$142,829,013
75$174,124,802$55,076,475$38,781,015$156,596,155
76$191,794,379$57,684,070$39,989,026$171,735,457
77$211,263,381$60,416,565$41,234,635$188,385,529
78$232,715,260$63,279,991$42,519,009$206,699,066
79$256,352,176$66,280,670$43,843,355$226,844,271
80$282,396,906$69,425,230$45,208,915$249,006,442
81$311,094,948$72,720,624$46,616,971$273,389,710
82$342,716,837$76,174,139$48,068,844$300,218,956
83$377,560,700$79,793,418$49,565,896$329,741,924
84$415,955,070$83,586,474$51,109,532$362,231,554
85$458,261,985$87,561,709$52,701,200$397,988,542
86$504,880,410$91,727,936$54,342,393$437,344,175
87$556,249,999$96,094,392$56,034,650$480,663,438
88$612,855,248$100,670,766$57,779,560$528,348,457
89$675,230,066$105,467,216$59,578,758$580,842,276
90$743,962,818$110,494,395$61,433,932$638,633,029
91$819,701,879$115,763,473$63,346,821$702,258,536
92$903,161,751$121,286,164$65,319,221$772,311,362
93$995,129,814$127,074,751$67,352,979$849,444,401
94$1,096,473,756$133,142,114$69,450,004$934,377,019
95$1,208,149,761$139,501,760$71,612,261$1,027,901,835
96$1,331,211,542$146,167,852$73,841,778$1,130,892,179
97$1,466,820,287$153,155,244$76,140,645$1,244,310,326
98$1,616,255,616$160,479,510$78,511,016$1,369,216,556
99$1,780,927,667$168,156,985$80,955,114$1,506,779,151
100$1,962,390,409$176,204,797$83,475,230$1,658,285,395