Can I retire at age 55 with 19,900,000?

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 $19,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,537,289
2 years$813,526$798,375$783,691$769,454$755,645$706,150
3 years$536,964$521,747$507,100$492,997$479,412$431,540
4 years$398,709$383,539$369,039$355,176$341,921$296,039
5 years$315,778$300,700$286,390$272,810$259,923$216,154
6 years$260,509$245,544$231,445$218,168$205,668$164,051
7 years$221,047$206,207$192,332$179,368$167,263$127,794
8 years$191,463$176,758$163,113$150,467$138,761$101,413
9 years$168,466$153,899$140,489$128,165$116,857$81,589
10 years$150,079$135,655$122,482$110,479$99,568$66,329
11 years$135,045$120,765$107,831$96,150$85,632$54,361
12 years$122,526$108,393$95,697$84,337$74,207$44,839
13 years$111,940$97,955$85,499$74,457$64,710$37,175
14 years$102,875$89,039$76,821$66,094$56,724$30,949
15 years$95,026$81,338$69,359$58,944$49,944$25,852
16 years$88,165$74,626$62,885$52,778$44,141$21,655
17 years$82,117$68,728$57,222$47,421$39,138$18,181
18 years$76,747$63,508$52,237$42,736$34,800$15,293
19 years$71,948$58,858$47,820$38,615$31,018$12,885
20 years$67,634$54,694$43,887$34,974$27,706$10,870
21 years$63,736$50,945$40,367$31,741$24,794$9,180
22 years$60,197$47,556$37,205$28,860$22,224$7,760
23 years$56,971$44,478$34,352$26,283$19,950$6,565
24 years$54,018$41,673$31,770$23,972$17,931$5,557
25 years$51,305$39,108$29,425$21,892$16,135$4,707
26 years$48,805$36,755$27,290$20,017$14,534$3,989
27 years$46,495$34,591$25,342$18,322$13,104$3,382
28 years$44,353$32,595$23,558$16,787$11,824$2,868
29 years$42,362$30,749$21,923$15,394$10,676$2,433
30 years$40,508$29,040$20,420$14,128$9,647$2,064
31 years$38,776$27,452$19,037$12,975$8,722$1,752
32 years$37,157$25,975$17,762$11,925$7,889$1,487
33 years$35,638$24,599$16,585$10,966$7,140$1,262
34 years$34,212$23,314$15,496$10,090$6,464$1,072
35 years$32,870$22,113$14,487$9,288$5,855$910
36 years$31,606$20,989$13,553$8,554$5,305$773
37 years$30,413$19,934$12,685$7,881$4,808$656
38 years$29,285$18,945$11,879$7,264$4,359$557
39 years$28,218$18,015$11,129$6,698$3,953$473
40 years$27,206$17,139$10,432$6,178$3,585$402
41 years$26,247$16,315$9,781$5,700$3,253$342
42 years$25,336$15,538$9,175$5,260$2,952$290
43 years$24,469$14,805$8,610$4,856$2,679$246
44 years$23,644$14,112$8,082$4,484$2,431$209
45 years$22,858$13,457$7,589$4,141$2,207$178
46 years$22,108$12,837$7,127$3,825$2,004$151
47 years$21,393$12,251$6,696$3,534$1,820$128
48 years$20,709$11,695$6,292$3,265$1,653$109
49 years$20,055$11,168$5,914$3,018$1,501$93
50 years$19,429$10,668$5,560$2,789$1,363$79

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $19,900,000, adding $2,856 every year, while hoping to spend $29,646 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: 60/13/27 Blend
54$19,900,000$19,900,000$19,900,000$19,900,000
55$21,932,746$20,878,046$20,569,596$23,088,688
56$24,138,343$21,869,527$21,227,134$24,868,362
57$26,567,917$22,908,597$21,905,707$26,805,923
58$29,244,283$23,997,557$22,605,986$28,919,526
59$32,192,581$25,138,818$23,328,668$31,226,316
60$35,440,515$26,334,911$24,074,469$33,745,156
61$39,018,614$27,588,488$24,844,129$36,496,801
62$42,960,518$28,902,329$25,638,413$39,504,087
63$47,303,299$30,279,352$26,458,109$42,792,142
64$52,087,810$31,722,614$27,304,030$46,388,623
65$57,359,067$33,235,323$28,177,016$50,323,967
66$63,166,680$34,820,841$29,077,933$54,631,674
67$69,565,313$36,482,695$30,007,676$59,348,621
68$76,615,210$38,224,582$30,967,168$64,515,403
69$84,382,755$40,050,380$31,957,361$70,176,706
70$92,941,102$41,964,154$32,979,239$76,381,731
71$102,370,866$43,970,170$34,033,816$83,184,643
72$112,760,885$46,072,899$35,122,139$90,645,085
73$124,209,053$48,277,029$36,245,289$98,828,726
74$136,823,252$50,587,478$37,404,381$107,807,877
75$150,722,362$53,009,403$38,600,566$117,662,169
76$166,037,390$55,548,211$39,835,032$128,479,292
77$182,912,703$58,209,573$41,109,005$140,355,816
78$201,507,392$60,999,435$42,423,750$153,398,098
79$221,996,774$63,924,036$43,780,574$167,723,270
80$244,574,046$66,989,914$45,180,824$183,460,344
81$269,452,107$70,203,928$46,625,890$200,751,412
82$296,865,573$73,573,272$48,117,208$219,752,983
83$327,072,987$77,105,488$49,656,261$240,637,449
84$360,359,262$80,808,487$51,244,576$263,594,699
85$397,038,370$84,690,566$52,883,731$288,833,904
86$437,456,303$88,760,423$54,575,356$316,585,475
87$481,994,347$93,027,185$56,321,131$347,103,230
88$531,072,672$97,500,419$58,122,791$380,666,777
89$585,154,306$102,190,160$59,982,126$417,584,137
90$644,749,501$107,106,934$61,900,983$458,194,640
91$710,420,555$112,261,778$63,881,270$502,872,114
92$782,787,113$117,666,268$65,924,955$552,028,398
93$862,532,026$123,332,542$68,034,069$606,117,215
94$950,407,790$129,273,334$70,210,707$665,638,436
95$1,047,243,653$135,501,996$72,457,034$731,142,785
96$1,153,953,444$142,032,532$74,775,283$803,237,018
97$1,271,544,198$148,879,628$77,167,757$882,589,634
98$1,401,125,665$156,058,689$79,636,836$969,937,164
99$1,543,920,786$163,585,868$82,184,974$1,066,091,105
100$1,701,277,239$171,478,108$84,814,703$1,171,945,558