Can I retire at age 54 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%11.1%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,516,005
2 years$780,822$766,280$752,186$738,521$725,267$718,146
3 years$515,377$500,772$486,714$473,178$460,139$453,172
4 years$382,681$368,121$354,203$340,898$328,175$321,416
5 years$303,084$288,611$274,876$261,842$249,474$242,942
6 years$250,036$235,673$222,141$209,397$197,400$191,104
7 years$212,160$197,918$184,600$172,157$160,539$154,483
8 years$183,766$169,652$156,556$144,418$133,183$127,367
9 years$161,694$147,712$134,841$123,012$112,159$106,582
10 years$144,046$130,201$117,558$106,038$95,565$90,224
11 years$129,616$115,911$103,496$92,285$82,189$77,080
12 years$117,600$104,035$91,850$80,946$71,223$66,343
13 years$107,440$94,017$82,062$71,463$62,108$57,452
14 years$98,740$85,459$73,733$63,437$54,444$50,006
15 years$91,206$78,068$66,571$56,575$47,936$43,712
16 years$84,620$71,626$60,356$50,657$42,366$38,350
17 years$78,815$65,965$54,922$45,515$37,565$33,750
18 years$73,661$60,955$50,137$41,018$33,401$29,781
19 years$69,055$56,492$45,898$37,063$29,771$26,340
20 years$64,915$52,495$42,123$33,568$26,592$23,343
21 years$61,174$48,897$38,745$30,465$23,797$20,724
22 years$57,777$45,644$35,709$27,700$21,331$18,426
23 years$54,681$42,690$32,971$25,226$19,148$16,406
24 years$51,846$39,998$30,493$23,008$17,210$14,624
25 years$49,243$37,536$28,242$21,012$15,487$13,050
26 years$46,843$35,278$26,193$19,213$13,950$11,656
27 years$44,626$33,200$24,323$17,586$12,577$10,419
28 years$42,570$31,284$22,611$16,112$11,348$9,321
29 years$40,659$29,513$21,042$14,775$10,247$8,343
30 years$38,879$27,872$19,600$13,560$9,259$7,473
31 years$37,218$26,348$18,272$12,454$8,371$6,696
32 years$35,663$24,931$17,048$11,445$7,572$6,003
33 years$34,205$23,610$15,918$10,525$6,853$5,384
34 years$32,836$22,377$14,873$9,684$6,205$4,831
35 years$31,549$21,224$13,905$8,915$5,620$4,336
36 years$30,335$20,145$13,008$8,210$5,092$3,893
37 years$29,190$19,133$12,175$7,564$4,615$3,496
38 years$28,108$18,183$11,401$6,972$4,184$3,140
39 years$27,083$17,290$10,682$6,429$3,794$2,821
40 years$26,113$16,450$10,012$5,930$3,441$2,535
41 years$25,192$15,659$9,388$5,471$3,122$2,278
42 years$24,317$14,913$8,806$5,049$2,833$2,048
43 years$23,485$14,209$8,264$4,661$2,571$1,841
44 years$22,694$13,545$7,757$4,303$2,334$1,655
45 years$21,939$12,916$7,283$3,974$2,119$1,488
46 years$21,220$12,321$6,841$3,671$1,924$1,338
47 years$20,533$11,758$6,427$3,392$1,747$1,204
48 years$19,876$11,225$6,039$3,134$1,586$1,083
49 years$19,249$10,719$5,677$2,896$1,441$974
50 years$18,648$10,239$5,337$2,677$1,309$876

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $19,100,000, adding $5,770 every year, while hoping to spend $55,769 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: 74/12/14 Blend
53$19,100,000$19,100,000$19,100,000$19,100,000
54$21,054,152$20,041,852$19,745,802$22,548,616
55$23,142,337$20,964,565$20,347,948$24,460,383
56$25,441,649$21,930,621$20,968,398$26,546,967
57$27,973,562$22,942,087$21,607,704$28,831,682
58$30,761,742$24,001,126$22,266,438$31,334,182
59$33,832,264$25,110,006$22,945,189$34,076,102
60$37,213,864$26,271,105$23,644,562$37,081,263
61$40,938,205$27,486,915$24,365,181$40,375,888
62$45,040,176$28,760,049$25,107,689$43,988,854
63$49,558,227$30,093,244$25,872,749$47,951,952
64$54,534,723$31,489,370$26,661,043$52,300,194
65$60,016,351$32,951,435$27,473,274$57,072,131
66$66,054,556$34,482,592$28,310,166$62,310,218
67$72,706,028$36,086,147$29,172,465$68,061,208
68$80,033,240$37,765,565$30,060,939$74,376,594
69$88,105,029$39,524,476$30,976,379$81,313,085
70$96,997,255$41,366,689$31,919,601$88,933,138
71$106,793,513$43,296,194$32,891,445$97,305,548
72$117,585,918$45,317,175$33,892,776$106,506,087
73$129,475,982$47,434,017$34,924,484$116,618,215
74$142,575,566$49,651,317$35,987,488$127,733,864
75$157,007,938$51,973,896$37,082,733$139,954,302
76$172,908,936$54,406,806$38,211,193$153,391,079
77$190,428,251$56,955,343$39,373,872$168,167,077
78$209,730,839$59,625,060$40,571,802$184,417,661
79$230,998,476$62,421,780$41,806,049$202,291,956
80$254,431,477$65,351,603$43,077,708$221,954,241
81$280,250,585$68,420,930$44,387,909$243,585,497
82$308,699,057$71,636,467$45,737,816$267,385,106
83$340,044,954$75,005,247$47,128,626$293,572,728
84$374,583,678$78,534,644$48,561,574$322,390,364
85$412,640,758$82,232,386$50,037,931$354,104,633
86$454,574,920$86,106,577$51,559,007$389,009,279
87$500,781,478$90,165,716$53,126,150$427,427,938
88$551,696,063$94,418,710$54,740,750$469,717,181
89$607,798,734$98,874,899$56,404,238$516,269,870
90$669,618,512$103,544,076$58,118,087$567,518,857
91$737,738,373$108,436,509$59,883,815$623,941,060
92$812,800,751$113,562,962$61,702,987$686,061,953
93$895,513,603$118,934,722$63,577,213$754,460,515
94$986,657,092$124,563,625$65,508,151$829,774,684
95$1,087,090,951$130,462,079$67,497,510$912,707,364
96$1,197,762,602$136,643,095$69,547,050$1,004,033,052
97$1,319,716,095$143,120,314$71,658,584$1,104,605,130
98$1,454,101,967$149,908,040$73,833,978$1,215,363,910
99$1,602,188,106$157,021,272$76,075,154$1,337,345,495
100$1,765,371,715$164,475,737$78,384,094$1,471,691,542