Can I retire at age 55 with 19,400,000?

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 $19,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$1,602,034$1,587,764$1,573,841$1,560,252$1,546,983$1,532,742
2 years$793,086$778,316$764,001$750,121$736,659$722,310
3 years$523,472$508,638$494,359$480,610$467,367$453,355
4 years$388,691$373,903$359,767$346,252$333,330$319,764
5 years$307,844$293,144$279,194$265,955$253,392$240,312
6 years$253,964$239,374$225,630$212,686$200,500$187,922
7 years$215,493$201,026$187,500$174,861$163,061$150,989
8 years$186,653$172,317$159,015$146,687$135,274$123,710
9 years$164,233$150,033$136,959$124,945$113,921$102,859
10 years$146,308$132,246$119,404$107,703$97,066$86,501
11 years$131,652$117,731$105,121$93,734$83,480$73,403
12 years$119,447$105,669$93,293$82,218$72,342$62,744
13 years$109,128$95,494$83,351$72,586$63,084$53,953
14 years$100,290$86,801$74,891$64,434$55,299$46,624
15 years$92,638$79,295$67,617$57,463$48,689$40,457
16 years$85,949$72,751$61,304$51,452$43,032$35,229
17 years$80,053$67,001$55,784$46,229$38,155$30,768
18 years$74,818$61,912$50,924$41,662$33,926$26,941
19 years$70,140$57,380$46,619$37,645$30,239$23,641
20 years$65,934$53,320$42,784$34,095$27,010$20,785
21 years$62,135$49,665$39,353$30,943$24,171$18,304
22 years$58,685$46,361$36,270$28,135$21,666$16,142
23 years$55,539$43,360$33,489$25,623$19,448$14,253
24 years$52,661$40,626$30,972$23,369$17,481$12,598
25 years$50,016$38,125$28,686$21,342$15,730$11,147
26 years$47,579$35,832$26,605$19,514$14,169$9,871
27 years$45,326$33,722$24,705$17,862$12,774$8,747
28 years$43,238$31,776$22,966$16,365$11,527$7,757
29 years$41,298$29,977$21,372$15,007$10,408$6,882
30 years$39,490$28,310$19,907$13,773$9,404$6,109
31 years$37,802$26,762$18,559$12,649$8,503$5,426
32 years$36,223$25,323$17,316$11,625$7,691$4,821
33 years$34,743$23,981$16,168$10,690$6,961$4,285
34 years$33,352$22,728$15,106$9,836$6,302$3,809
35 years$32,044$21,558$14,123$9,055$5,708$3,387
36 years$30,812$20,461$13,212$8,339$5,172$3,013
37 years$29,648$19,434$12,366$7,683$4,687$2,681
38 years$28,549$18,469$11,581$7,082$4,249$2,386
39 years$27,509$17,562$10,850$6,530$3,854$2,123
40 years$26,523$16,709$10,169$6,023$3,495$1,890
41 years$25,587$15,905$9,536$5,557$3,171$1,683
42 years$24,699$15,148$8,945$5,128$2,877$1,498
43 years$23,854$14,433$8,393$4,734$2,611$1,334
44 years$23,050$13,757$7,879$4,371$2,370$1,188
45 years$22,284$13,119$7,398$4,037$2,152$1,058
46 years$21,553$12,515$6,948$3,729$1,954$943
47 years$20,855$11,943$6,528$3,445$1,774$840
48 years$20,189$11,401$6,134$3,183$1,611$748
49 years$19,551$10,887$5,766$2,942$1,463$666
50 years$18,941$10,400$5,421$2,719$1,329$594

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $19,400,000, adding $3,870 every year, while hoping to spend $30,474 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: 72/13/15 Blend
54$19,400,000$19,400,000$19,400,000$19,400,000
55$21,382,792$20,354,592$20,053,892$22,850,234
56$23,531,413$21,319,543$20,693,273$24,788,835
57$25,898,171$22,330,755$21,353,052$26,906,984
58$28,505,286$23,390,463$22,033,881$29,225,720
59$31,377,239$24,501,010$22,736,430$31,764,893
60$34,541,011$25,664,853$23,461,394$34,546,352
61$38,026,331$26,884,568$24,209,487$37,594,148
62$41,865,961$28,162,856$24,981,450$40,934,759
63$46,096,003$29,502,550$25,778,042$44,597,334
64$50,756,241$30,906,620$26,600,052$48,613,966
65$55,890,514$32,378,181$27,448,290$53,019,989
66$61,547,132$33,920,497$28,323,594$57,854,311
67$67,779,333$35,536,995$29,226,827$63,159,772
68$74,645,781$37,231,264$30,158,882$68,983,548
69$82,211,126$39,007,071$31,120,680$75,377,590
70$90,546,607$40,868,364$32,113,169$82,399,109
71$99,730,730$42,819,283$33,137,329$90,111,110
72$109,850,007$44,864,171$34,194,173$98,582,987
73$120,999,774$47,007,581$35,284,743$107,891,162
74$133,285,086$49,254,287$36,410,117$118,119,811
75$146,821,715$51,609,298$37,571,406$129,361,647
76$161,737,239$54,077,862$38,769,757$141,718,789
77$178,172,247$56,665,487$40,006,354$155,303,721
78$196,281,667$59,377,947$41,282,418$170,240,345
79$216,236,227$62,221,297$42,599,209$186,665,146
80$238,224,068$65,201,886$43,958,028$204,728,469
81$262,452,518$68,326,374$45,360,218$224,595,934
82$289,150,053$71,601,744$46,807,163$246,449,990
83$318,568,449$75,035,320$48,300,294$270,491,625
84$350,985,162$78,634,782$49,841,084$296,942,261
85$386,705,945$82,408,183$51,431,058$326,045,830
86$426,067,738$86,363,970$53,071,784$358,071,068
87$469,441,844$90,511,001$54,764,885$393,314,042
88$517,237,437$94,858,565$56,512,034$432,100,933
89$569,905,425$99,416,405$58,314,957$474,791,106
90$627,942,706$104,194,736$60,175,435$521,780,489
91$691,896,857$109,204,273$62,095,308$573,505,299
92$762,371,308$114,456,254$64,076,472$630,446,146
93$840,031,034$119,962,463$66,120,886$693,132,561
94$925,608,834$125,735,258$68,230,570$762,147,973
95$1,019,912,250$131,787,601$70,407,610$838,135,211
96$1,123,831,191$138,133,085$72,654,157$921,802,551
97$1,238,346,333$144,785,967$74,972,431$1,013,930,388
98$1,364,538,377$151,761,197$77,364,726$1,115,378,590
99$1,503,598,252$159,074,456$79,833,404$1,227,094,592
100$1,656,838,358$166,742,189$82,380,908$1,350,122,326