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%11%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,508,703
2 years$776,734$762,268$748,248$734,655$721,470$715,025
3 years$512,679$498,150$484,166$470,701$457,730$451,424
4 years$380,677$366,193$352,349$339,113$326,457$320,337
5 years$301,497$287,100$273,437$260,471$248,167$242,253
6 years$248,727$234,439$220,978$208,301$196,366$190,665
7 years$211,050$196,881$183,634$171,256$159,698$154,212
8 years$182,804$168,764$155,736$143,662$132,485$127,215
9 years$160,847$146,939$134,135$122,368$111,572$106,517
10 years$143,292$129,520$116,942$105,483$95,065$90,223
11 years$128,937$115,304$102,954$91,802$81,759$77,126
12 years$116,984$103,490$91,369$80,522$70,850$66,424
13 years$106,878$93,525$81,632$71,089$61,783$57,559
14 years$98,223$85,012$73,347$63,105$54,159$50,131
15 years$90,728$77,660$66,222$56,279$47,686$43,851
16 years$84,177$71,251$60,040$50,391$42,145$38,497
17 years$78,403$65,620$54,634$45,276$37,368$33,903
18 years$73,276$60,636$49,874$40,803$33,226$29,937
19 years$68,694$56,197$45,657$36,869$29,615$26,497
20 years$64,575$52,221$41,902$33,392$26,453$23,499
21 years$60,853$48,641$38,542$30,305$23,672$20,877
22 years$57,475$45,405$35,522$27,554$21,219$18,577
23 years$54,394$42,466$32,798$25,094$19,047$16,552
24 years$51,575$39,788$30,333$22,888$17,120$14,766
25 years$48,985$37,339$28,094$20,902$15,406$13,186
26 years$46,598$35,093$26,056$19,112$13,877$11,787
27 years$44,392$33,026$24,195$17,494$12,511$10,545
28 years$42,347$31,121$22,493$16,028$11,289$9,440
29 years$40,446$29,359$20,931$14,698$10,194$8,457
30 years$38,676$27,726$19,497$13,489$9,211$7,581
31 years$37,023$26,211$18,176$12,389$8,327$6,799
32 years$35,476$24,800$16,959$11,385$7,533$6,100
33 years$34,026$23,486$15,835$10,470$6,817$5,476
34 years$32,665$22,260$14,795$9,633$6,172$4,917
35 years$31,384$21,113$13,832$8,868$5,590$4,417
36 years$30,176$20,039$12,940$8,167$5,065$3,969
37 years$29,037$19,033$12,111$7,525$4,591$3,567
38 years$27,961$18,088$11,342$6,936$4,162$3,207
39 years$26,942$17,200$10,626$6,395$3,774$2,883
40 years$25,976$16,364$9,960$5,899$3,423$2,593
41 years$25,060$15,577$9,339$5,442$3,106$2,332
42 years$24,190$14,835$8,760$5,023$2,818$2,098
43 years$23,362$14,135$8,220$4,636$2,558$1,888
44 years$22,575$13,474$7,716$4,281$2,321$1,699
45 years$21,824$12,848$7,245$3,954$2,107$1,529
46 years$21,108$12,257$6,805$3,652$1,913$1,376
47 years$20,425$11,697$6,393$3,374$1,738$1,239
48 years$19,772$11,166$6,008$3,118$1,578$1,115
49 years$19,148$10,663$5,647$2,881$1,433$1,004
50 years$18,551$10,186$5,309$2,663$1,302$904

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 $6,375 every year, while hoping to spend $50,895 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: 74/21/5 Blend
39$19,000,000$19,000,000$19,000,000$19,000,000
40$20,944,576$19,937,576$19,643,076$22,486,412
41$23,026,771$20,860,365$20,246,967$24,424,198
42$25,319,644$21,826,665$20,869,383$26,539,169
43$27,844,630$22,838,555$21,510,890$28,854,458
44$30,625,350$23,898,212$22,172,073$31,389,837
45$33,687,832$25,007,920$22,853,533$34,167,065
46$37,060,755$26,170,073$23,555,891$37,210,090
47$40,775,725$27,387,179$24,279,786$40,545,272
48$44,867,567$28,661,869$25,025,877$44,201,622
49$49,374,658$29,996,899$25,794,842$48,211,080
50$54,339,285$31,395,160$26,587,382$52,608,803
51$59,808,050$32,859,680$27,404,217$57,433,498
52$65,832,303$34,393,636$28,246,090$62,727,777
53$72,468,630$36,000,357$29,113,766$68,538,561
54$79,779,387$37,683,331$30,008,035$74,917,508
55$87,833,289$39,446,219$30,929,708$81,921,501
56$96,706,056$41,292,855$31,879,625$89,613,178
57$106,481,129$43,227,260$32,858,647$98,061,512
58$117,250,457$45,253,649$33,867,665$107,342,464
59$129,115,367$47,376,441$34,907,595$117,539,681
60$142,187,517$49,600,269$35,979,382$128,745,290
61$156,589,951$51,929,989$37,083,998$141,060,751
62$172,458,261$54,370,694$38,222,448$154,597,810
63$189,941,867$56,927,722$39,395,764$169,479,547
64$209,205,427$59,606,669$40,605,010$185,841,522
65$230,430,388$62,413,404$41,851,286$203,833,055
66$253,816,705$65,354,078$43,135,721$223,618,617
67$279,584,722$68,435,141$44,459,481$245,379,376
68$307,977,256$71,663,355$45,823,766$269,314,896
69$339,261,888$75,045,812$47,229,814$295,645,011
70$373,733,487$78,589,943$48,678,900$324,611,885
71$411,716,997$82,303,544$50,172,337$356,482,286
72$453,570,499$86,194,786$51,711,478$391,550,095
73$499,688,597$90,272,238$53,297,720$430,139,063
74$550,506,139$94,544,883$54,932,499$472,605,853
75$606,502,323$99,022,140$56,617,296$519,343,393
76$668,205,222$103,713,887$58,353,637$570,784,572
77$736,196,766$108,630,479$60,143,095$627,406,304
78$811,118,238$113,782,774$61,987,291$689,734,019
79$893,676,326$119,182,157$63,887,892$758,346,602
80$984,649,796$124,840,567$65,846,621$833,881,841
81$1,084,896,842$130,770,522$67,865,250$917,042,424
82$1,195,363,188$136,985,147$69,945,605$1,008,602,558
83$1,317,091,019$143,498,204$72,089,568$1,109,415,252
84$1,451,228,813$150,324,126$74,299,078$1,220,420,348
85$1,599,042,189$157,478,045$76,576,135$1,342,653,370
86$1,761,925,852$164,975,830$78,922,796$1,477,255,274
87$1,941,416,762$172,834,119$81,341,182$1,625,483,196
88$2,139,208,641$181,070,360$83,833,481$1,788,722,290
89$2,357,167,964$189,702,848$86,401,944$1,968,498,775
90$2,597,351,579$198,750,770$89,048,891$2,166,494,318
91$2,862,026,125$208,234,244$91,776,715$2,384,561,874
92$3,153,689,433$218,174,365$94,587,878$2,624,743,148
93$3,475,094,103$228,593,256$97,484,920$2,889,287,835
94$3,829,273,492$239,514,116$100,470,455$3,180,674,826
95$4,219,570,352$250,961,272$103,547,179$3,501,635,565
96$4,649,668,387$262,960,234$106,717,869$3,855,179,803
97$5,123,627,031$275,537,753$109,985,385$4,244,623,969
98$5,645,919,768$288,721,883$113,352,676$4,673,622,435
99$6,221,476,373$302,542,044$116,822,779$5,146,201,969
100$6,855,729,444$317,029,085$120,398,823$5,666,799,707