Can I retire at age 55 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%11.4%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,514,097
2 years$780,822$766,280$752,186$738,521$725,267$716,224
3 years$515,377$500,772$486,714$473,178$460,139$451,296
4 years$382,681$368,121$354,203$340,898$328,175$319,601
5 years$303,084$288,611$274,876$261,842$249,474$241,193
6 years$250,036$235,673$222,141$209,397$197,400$189,424
7 years$212,160$197,918$184,600$172,157$160,539$152,871
8 years$183,766$169,652$156,556$144,418$133,183$125,823
9 years$161,694$147,712$134,841$123,012$112,159$105,107
10 years$144,046$130,201$117,558$106,038$95,565$88,816
11 years$129,616$115,911$103,496$92,285$82,189$75,739
12 years$117,600$104,035$91,850$80,946$71,223$65,067
13 years$107,440$94,017$82,062$71,463$62,108$56,239
14 years$98,740$85,459$73,733$63,437$54,444$48,855
15 years$91,206$78,068$66,571$56,575$47,936$42,621
16 years$84,620$71,626$60,356$50,657$42,366$37,316
17 years$78,815$65,965$54,922$45,515$37,565$32,772
18 years$73,661$60,955$50,137$41,018$33,401$28,858
19 years$69,055$56,492$45,898$37,063$29,771$25,469
20 years$64,915$52,495$42,123$33,568$26,592$22,523
21 years$61,174$48,897$38,745$30,465$23,797$19,951
22 years$57,777$45,644$35,709$27,700$21,331$17,700
23 years$54,681$42,690$32,971$25,226$19,148$15,724
24 years$51,846$39,998$30,493$23,008$17,210$13,985
25 years$49,243$37,536$28,242$21,012$15,487$12,450
26 years$46,843$35,278$26,193$19,213$13,950$11,094
27 years$44,626$33,200$24,323$17,586$12,577$9,894
28 years$42,570$31,284$22,611$16,112$11,348$8,830
29 years$40,659$29,513$21,042$14,775$10,247$7,885
30 years$38,879$27,872$19,600$13,560$9,259$7,045
31 years$37,218$26,348$18,272$12,454$8,371$6,298
32 years$35,663$24,931$17,048$11,445$7,572$5,632
33 years$34,205$23,610$15,918$10,525$6,853$5,039
34 years$32,836$22,377$14,873$9,684$6,205$4,510
35 years$31,549$21,224$13,905$8,915$5,620$4,038
36 years$30,335$20,145$13,008$8,210$5,092$3,616
37 years$29,190$19,133$12,175$7,564$4,615$3,239
38 years$28,108$18,183$11,401$6,972$4,184$2,902
39 years$27,083$17,290$10,682$6,429$3,794$2,600
40 years$26,113$16,450$10,012$5,930$3,441$2,331
41 years$25,192$15,659$9,388$5,471$3,122$2,089
42 years$24,317$14,913$8,806$5,049$2,833$1,873
43 years$23,485$14,209$8,264$4,661$2,571$1,680
44 years$22,694$13,545$7,757$4,303$2,334$1,506
45 years$21,939$12,916$7,283$3,974$2,119$1,351
46 years$21,220$12,321$6,841$3,671$1,924$1,212
47 years$20,533$11,758$6,427$3,392$1,747$1,087
48 years$19,876$11,225$6,039$3,134$1,586$975
49 years$19,249$10,719$5,677$2,896$1,441$875
50 years$18,648$10,239$5,337$2,677$1,309$785

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $19,100,000, adding $2,963 every year, while hoping to spend $58,229 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: 74/17/9 Blend
54$19,100,000$19,100,000$19,100,000$19,100,000
55$21,051,256$20,038,956$19,742,906$22,576,547
56$23,136,529$20,958,910$20,342,338$24,502,501
57$25,432,548$21,921,990$20,959,900$26,604,217
58$27,960,749$22,930,247$21,596,137$28,905,070
59$30,744,749$23,985,833$22,251,611$31,424,759
60$33,810,575$25,091,001$22,926,902$34,184,961
61$37,186,906$26,248,112$23,622,605$37,209,542
62$40,905,344$27,459,643$24,339,336$40,524,771
63$45,000,711$28,728,189$25,077,727$44,159,566
64$49,511,382$30,056,468$25,838,429$48,145,767
65$54,479,640$31,447,331$26,622,113$52,518,426
66$59,952,080$32,903,768$27,429,470$57,316,138
67$65,980,048$34,428,908$28,261,213$62,581,399
68$72,620,123$36,026,035$29,118,074$68,361,003
69$79,934,655$37,698,590$30,000,809$74,706,477
70$87,992,348$39,450,179$30,910,194$81,674,566
71$96,868,913$41,284,583$31,847,032$89,327,758
72$106,647,780$43,205,766$32,812,145$97,734,873
73$117,420,886$45,217,881$33,806,385$106,971,704
74$129,289,542$47,325,283$34,830,625$117,121,725
75$142,365,391$49,532,537$35,885,766$128,276,878
76$156,771,458$51,844,429$36,972,736$140,538,428
77$172,643,316$54,265,975$38,092,492$154,017,913
78$190,130,359$56,802,433$39,246,015$168,838,194
79$209,397,220$59,459,316$40,434,321$185,134,601
80$230,625,318$62,242,404$41,658,452$203,056,207
81$254,014,574$65,157,755$42,919,484$222,767,223
82$279,785,296$68,211,721$44,218,522$244,448,543
83$308,180,261$71,410,960$45,556,707$268,299,440
84$339,467,003$74,762,452$46,935,213$294,539,438
85$373,940,342$78,273,518$48,355,247$323,410,373
86$411,925,165$81,951,828$49,818,056$355,178,669
87$453,779,491$85,805,427$51,324,920$390,137,838
88$499,897,854$89,842,748$52,877,160$428,611,241
89$550,715,025$94,072,632$54,476,135$470,955,129
90$606,710,117$98,504,350$56,123,244$517,561,992
91$668,411,106$103,147,621$57,819,930$568,864,252
92$736,399,818$108,012,633$59,567,676$625,338,333
93$811,317,417$113,110,070$61,368,012$687,509,138
94$893,870,464$118,451,133$63,222,510$755,954,999
95$984,837,579$124,047,567$65,132,792$831,313,109
96$1,085,076,799$129,911,684$67,100,527$914,285,533
97$1,195,533,671$136,056,395$69,127,433$1,005,645,808
98$1,317,250,183$142,495,237$71,215,281$1,106,246,234
99$1,451,374,601$149,242,402$73,365,891$1,217,025,898
100$1,599,172,303$156,312,773$75,581,142$1,339,019,522