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%19.5%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,457,276
2 years$776,734$762,268$748,248$734,655$721,470$663,907
3 years$512,679$498,150$484,166$470,701$457,730$402,226
4 years$380,677$366,193$352,349$339,113$326,457$273,435
5 years$301,497$287,100$273,437$260,471$248,167$197,764
6 years$248,727$234,439$220,978$208,301$196,366$148,616
7 years$211,050$196,881$183,634$171,256$159,698$114,586
8 years$182,804$168,764$155,736$143,662$132,485$89,968
9 years$160,847$146,939$134,135$122,368$111,572$71,588
10 years$143,292$129,520$116,942$105,483$95,065$57,541
11 years$128,937$115,304$102,954$91,802$81,759$46,611
12 years$116,984$103,490$91,369$80,522$70,850$37,989
13 years$106,878$93,525$81,632$71,089$61,783$31,111
14 years$98,223$85,012$73,347$63,105$54,159$25,577
15 years$90,728$77,660$66,222$56,279$47,686$21,094
16 years$84,177$71,251$60,040$50,391$42,145$17,440
17 years$78,403$65,620$54,634$45,276$37,368$14,450
18 years$73,276$60,636$49,874$40,803$33,226$11,992
19 years$68,694$56,197$45,657$36,869$29,615$9,967
20 years$64,575$52,221$41,902$33,392$26,453$8,293
21 years$60,853$48,641$38,542$30,305$23,672$6,907
22 years$57,475$45,405$35,522$27,554$21,219$5,757
23 years$54,394$42,466$32,798$25,094$19,047$4,802
24 years$51,575$39,788$30,333$22,888$17,120$4,007
25 years$48,985$37,339$28,094$20,902$15,406$3,346
26 years$46,598$35,093$26,056$19,112$13,877$2,794
27 years$44,392$33,026$24,195$17,494$12,511$2,335
28 years$42,347$31,121$22,493$16,028$11,289$1,951
29 years$40,446$29,359$20,931$14,698$10,194$1,631
30 years$38,676$27,726$19,497$13,489$9,211$1,363
31 years$37,023$26,211$18,176$12,389$8,327$1,140
32 years$35,476$24,800$16,959$11,385$7,533$953
33 years$34,026$23,486$15,835$10,470$6,817$797
34 years$32,665$22,260$14,795$9,633$6,172$667
35 years$31,384$21,113$13,832$8,868$5,590$558
36 years$30,176$20,039$12,940$8,167$5,065$467
37 years$29,037$19,033$12,111$7,525$4,591$390
38 years$27,961$18,088$11,342$6,936$4,162$327
39 years$26,942$17,200$10,626$6,395$3,774$273
40 years$25,976$16,364$9,960$5,899$3,423$229
41 years$25,060$15,577$9,339$5,442$3,106$191
42 years$24,190$14,835$8,760$5,023$2,818$160
43 years$23,362$14,135$8,220$4,636$2,558$134
44 years$22,575$13,474$7,716$4,281$2,321$112
45 years$21,824$12,848$7,245$3,954$2,107$94
46 years$21,108$12,257$6,805$3,652$1,913$78
47 years$20,425$11,697$6,393$3,374$1,738$66
48 years$19,772$11,166$6,008$3,118$1,578$55
49 years$19,148$10,663$5,647$2,881$1,433$46
50 years$18,551$10,186$5,309$2,663$1,302$38

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 $3,338 every year, while hoping to spend $53,374 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: 64/26/10 Blend
39$19,000,000$19,000,000$19,000,000$19,000,000
40$20,941,443$19,934,443$19,639,943$22,236,009
41$23,020,681$20,854,441$20,241,092$24,020,404
42$25,310,212$21,817,731$20,860,590$25,962,063
43$27,831,430$22,826,376$21,498,996$28,081,454
44$30,607,909$23,882,541$22,156,885$30,395,856
45$33,665,625$24,988,495$22,834,851$32,924,268
46$37,033,204$26,146,616$23,533,503$35,687,590
47$40,742,186$27,359,396$24,253,471$38,708,813
48$44,827,330$28,629,448$24,995,403$42,013,231
49$49,326,936$29,959,509$25,759,968$45,628,673
50$54,283,209$31,352,450$26,547,852$49,585,758
51$59,742,657$32,811,281$27,359,766$53,918,183
52$65,756,530$34,339,156$28,196,440$58,663,028
53$72,381,301$35,939,380$29,058,626$63,861,104
54$79,679,204$37,615,419$29,947,100$69,557,327
55$87,718,815$39,370,907$30,862,660$75,801,137
56$96,575,706$41,209,653$31,806,131$82,646,956
57$106,333,150$43,135,649$32,778,359$90,154,695
58$117,082,916$45,153,080$33,780,218$98,390,305
59$128,926,127$47,266,335$34,812,609$107,426,398
60$141,974,220$49,480,013$35,876,459$117,342,918
61$156,349,993$51,798,936$36,972,723$128,227,888
62$172,188,769$54,228,160$38,102,386$140,178,228
63$189,639,668$56,772,985$39,266,461$153,300,660
64$208,867,020$59,438,968$40,465,993$167,712,707
65$230,051,912$62,231,932$41,702,060$183,543,785
66$253,393,897$65,157,987$42,975,768$200,936,416
67$279,112,880$68,223,534$44,288,262$220,047,560
68$307,451,192$71,435,286$45,640,718$241,050,081
69$338,675,880$74,800,281$47,034,348$264,134,365
70$373,081,223$78,325,898$48,470,402$289,510,105
71$410,991,513$82,019,873$49,950,166$317,408,261
72$452,764,118$85,890,316$51,474,966$348,083,225
73$498,792,849$89,945,733$53,046,169$381,815,208
74$549,511,685$94,195,039$54,665,181$418,912,862
75$605,398,864$98,647,583$56,333,451$459,716,179
76$666,981,400$103,313,167$58,052,474$504,599,680
77$734,840,058$108,202,067$59,823,787$553,975,930
78$809,614,836$113,325,061$61,648,976$608,299,408
79$892,011,006$118,693,445$63,529,673$668,070,780
80$982,805,772$124,319,067$65,467,561$733,841,599
81$1,082,855,607$130,214,348$67,464,371$806,219,484
82$1,193,104,341$136,392,313$69,521,889$885,873,837
83$1,314,592,066$142,866,618$71,641,955$973,542,129
84$1,448,464,958$149,651,584$73,826,461$1,070,036,838
85$1,595,986,096$156,762,224$76,077,360$1,176,253,086
86$1,758,547,389$164,214,284$78,396,663$1,293,177,058
87$1,937,682,710$172,024,272$80,786,439$1,421,895,285
88$2,135,082,385$180,209,499$83,248,823$1,563,604,860
89$2,352,609,141$188,788,118$85,786,012$1,719,624,707
90$2,592,315,700$197,779,162$88,400,269$1,891,407,995
91$2,856,464,151$207,202,591$91,093,928$2,080,555,816
92$3,147,547,310$217,079,334$93,869,390$2,288,832,259
93$3,468,312,252$227,431,337$96,729,131$2,518,181,024
94$3,821,786,244$238,281,614$99,675,699$2,770,743,724
95$4,211,305,326$249,654,299$102,711,720$3,048,880,054
96$4,640,545,806$261,574,697$105,839,900$3,355,190,024
97$5,113,558,967$274,069,345$109,063,025$3,692,538,448
98$5,634,809,311$287,166,073$112,383,966$4,064,081,938
99$6,209,216,711$300,894,061$115,805,679$4,473,298,647
100$6,842,202,857$315,283,911$119,331,210$4,924,021,047