Can I retire at age 40 with 19,000,000?

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 $19,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,472,491
2 years$776,734$762,268$748,248$734,655$721,470$678,880
3 years$512,679$498,150$484,166$470,701$457,730$416,480
4 years$380,677$366,193$352,349$339,113$326,457$286,864
5 years$301,497$287,100$273,437$260,471$248,167$210,339
6 years$248,727$234,439$220,978$208,301$196,366$160,338
7 years$211,050$196,881$183,634$171,256$159,698$125,471
8 years$182,804$168,764$155,736$143,662$132,485$100,040
9 years$160,847$146,939$134,135$122,368$111,572$80,877
10 years$143,292$129,520$116,942$105,483$95,065$66,080
11 years$128,937$115,304$102,954$91,802$81,759$54,437
12 years$116,984$103,490$91,369$80,522$70,850$45,140
13 years$106,878$93,525$81,632$71,089$61,783$37,627
14 years$98,223$85,012$73,347$63,105$54,159$31,499
15 years$90,728$77,660$66,222$56,279$47,686$26,461
16 years$84,177$71,251$60,040$50,391$42,145$22,293
17 years$78,403$65,620$54,634$45,276$37,368$18,826
18 years$73,276$60,636$49,874$40,803$33,226$15,930
19 years$68,694$56,197$45,657$36,869$29,615$13,502
20 years$64,575$52,221$41,902$33,392$26,453$11,460
21 years$60,853$48,641$38,542$30,305$23,672$9,739
22 years$57,475$45,405$35,522$27,554$21,219$8,284
23 years$54,394$42,466$32,798$25,094$19,047$7,052
24 years$51,575$39,788$30,333$22,888$17,120$6,008
25 years$48,985$37,339$28,094$20,902$15,406$5,122
26 years$46,598$35,093$26,056$19,112$13,877$4,368
27 years$44,392$33,026$24,195$17,494$12,511$3,727
28 years$42,347$31,121$22,493$16,028$11,289$3,182
29 years$40,446$29,359$20,931$14,698$10,194$2,717
30 years$38,676$27,726$19,497$13,489$9,211$2,320
31 years$37,023$26,211$18,176$12,389$8,327$1,982
32 years$35,476$24,800$16,959$11,385$7,533$1,694
33 years$34,026$23,486$15,835$10,470$6,817$1,447
34 years$32,665$22,260$14,795$9,633$6,172$1,237
35 years$31,384$21,113$13,832$8,868$5,590$1,057
36 years$30,176$20,039$12,940$8,167$5,065$904
37 years$29,037$19,033$12,111$7,525$4,591$773
38 years$27,961$18,088$11,342$6,936$4,162$661
39 years$26,942$17,200$10,626$6,395$3,774$565
40 years$25,976$16,364$9,960$5,899$3,423$483
41 years$25,060$15,577$9,339$5,442$3,106$413
42 years$24,190$14,835$8,760$5,023$2,818$353
43 years$23,362$14,135$8,220$4,636$2,558$302
44 years$22,575$13,474$7,716$4,281$2,321$259
45 years$21,824$12,848$7,245$3,954$2,107$221
46 years$21,108$12,257$6,805$3,652$1,913$189
47 years$20,425$11,697$6,393$3,374$1,738$162
48 years$19,772$11,166$6,008$3,118$1,578$138
49 years$19,148$10,663$5,647$2,881$1,433$118
50 years$18,551$10,186$5,309$2,663$1,302$101

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $19,000,000, adding $2,929 every year, while hoping to spend $47,949 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: 64/12/24 Blend
39$19,000,000$19,000,000$19,000,000$19,000,000
40$20,941,021$19,934,021$19,639,521$22,149,726
41$23,025,988$20,859,771$20,246,428$23,891,561
42$25,322,014$21,829,275$20,872,059$25,788,253
43$27,850,578$22,844,628$21,516,991$27,859,511
44$30,635,345$23,908,023$22,181,818$30,122,451
45$33,702,394$25,021,760$22,867,153$32,595,907
46$37,080,463$26,188,251$23,573,628$35,300,607
47$40,801,219$27,410,024$24,301,893$38,259,366
48$44,899,556$28,689,728$25,052,619$41,497,294
49$49,413,927$30,030,140$25,826,497$45,042,031
50$54,386,704$31,434,173$26,624,241$48,924,006
51$59,864,579$32,904,880$27,446,585$53,176,718
52$65,899,007$34,445,459$28,294,286$57,837,044
53$72,546,686$36,059,267$29,168,125$62,945,591
54$79,870,096$37,749,819$30,068,906$68,547,067
55$87,938,089$39,520,804$30,997,457$74,690,701
56$96,826,537$41,376,086$31,954,635$81,430,703
57$106,619,047$43,319,718$32,941,318$88,826,769
58$117,407,754$45,355,948$33,958,416$96,944,639
59$129,294,186$47,489,230$35,006,865$105,856,712
60$142,390,225$49,724,235$36,087,627$115,642,724
61$156,819,164$52,065,859$37,201,699$126,390,493
62$172,716,866$54,519,233$38,350,103$138,196,742
63$190,233,052$57,089,741$39,533,897$151,168,005
64$209,532,709$59,783,024$40,754,168$165,421,625
65$230,797,651$62,604,998$42,012,039$181,086,856
66$254,228,235$65,561,866$43,308,665$198,306,072
67$280,045,248$68,660,131$44,645,239$217,236,105
68$308,491,998$71,906,612$46,022,989$238,049,718
69$339,836,604$75,308,457$47,443,181$260,937,224
70$374,374,529$78,873,164$48,907,119$286,108,276
71$412,431,372$82,608,590$50,416,149$313,793,834
72$454,365,939$86,522,978$51,971,657$344,248,340
73$500,573,628$90,624,967$53,575,071$377,752,101
74$551,490,167$94,923,619$55,227,864$414,613,933
75$607,595,719$99,428,432$56,931,553$455,174,061
76$669,419,426$104,149,368$58,687,703$499,807,317
77$737,544,392$109,096,872$60,497,925$548,926,669
78$812,613,196$114,281,895$62,363,882$602,987,107
79$895,333,956$119,715,921$64,287,286$662,489,921
80$986,487,011$125,410,993$66,269,901$727,987,425
81$1,086,932,290$131,379,736$68,313,548$800,088,150
82$1,197,617,432$137,635,391$70,420,100$879,462,578
83$1,319,586,727$144,191,842$72,591,490$966,849,453
84$1,453,990,977$151,063,647$74,829,709$1,063,062,742
85$1,602,098,363$158,266,072$77,136,811$1,168,999,297
86$1,765,306,412$165,815,125$79,514,910$1,285,647,307
87$1,945,155,194$173,727,594$81,966,187$1,414,095,606
88$2,143,341,858$182,021,081$84,492,889$1,555,543,934
89$2,361,736,659$190,714,045$87,097,332$1,711,314,242
90$2,602,400,608$199,825,843$89,781,902$1,882,863,149
91$2,867,604,934$209,376,773$92,549,060$2,071,795,675
92$3,159,852,525$219,388,122$95,401,341$2,279,880,365
93$3,481,901,554$229,882,212$98,341,357$2,509,065,961
94$3,836,791,523$240,882,451$101,371,803$2,761,499,778
95$4,227,871,952$252,413,385$104,495,453$3,039,547,946
96$4,658,834,008$264,500,758$107,715,167$3,345,817,721
97$5,133,745,346$277,171,564$111,033,894$3,683,182,068
98$5,657,088,514$290,454,113$114,454,672$4,054,806,757
99$6,233,803,271$304,378,093$117,980,632$4,464,180,216
100$6,869,333,222$318,974,637$121,615,001$4,915,146,431