Can I retire at age 40 with 19,100,000?

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 $19,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,505,277
2 years$780,822$766,280$752,186$738,521$725,267$707,367
3 years$515,377$500,772$486,714$473,178$460,139$442,679
4 years$382,681$368,121$354,203$340,898$328,175$311,289
5 years$303,084$288,611$274,876$261,842$249,474$233,210
6 years$250,036$235,673$222,141$209,397$197,400$181,780
7 years$212,160$197,918$184,600$172,157$160,539$145,568
8 years$183,766$169,652$156,556$144,418$133,183$118,860
9 years$161,694$147,712$134,841$123,012$112,159$98,478
10 years$144,046$130,201$117,558$106,038$95,565$82,518
11 years$129,616$115,911$103,496$92,285$82,189$69,763
12 years$117,600$104,035$91,850$80,946$71,223$59,406
13 years$107,440$94,017$82,062$71,463$62,108$50,885
14 years$98,740$85,459$73,733$63,437$54,444$43,798
15 years$91,206$78,068$66,571$56,575$47,936$37,852
16 years$84,620$71,626$60,356$50,657$42,366$32,825
17 years$78,815$65,965$54,922$45,515$37,565$28,548
18 years$73,661$60,955$50,137$41,018$33,401$24,890
19 years$69,055$56,492$45,898$37,063$29,771$21,747
20 years$64,915$52,495$42,123$33,568$26,592$19,035
21 years$61,174$48,897$38,745$30,465$23,797$16,688
22 years$57,777$45,644$35,709$27,700$21,331$14,651
23 years$54,681$42,690$32,971$25,226$19,148$12,877
24 years$51,846$39,998$30,493$23,008$17,210$11,330
25 years$49,243$37,536$28,242$21,012$15,487$9,978
26 years$46,843$35,278$26,193$19,213$13,950$8,794
27 years$44,626$33,200$24,323$17,586$12,577$7,756
28 years$42,570$31,284$22,611$16,112$11,348$6,844
29 years$40,659$29,513$21,042$14,775$10,247$6,043
30 years$38,879$27,872$19,600$13,560$9,259$5,339
31 years$37,218$26,348$18,272$12,454$8,371$4,718
32 years$35,663$24,931$17,048$11,445$7,572$4,171
33 years$34,205$23,610$15,918$10,525$6,853$3,689
34 years$32,836$22,377$14,873$9,684$6,205$3,263
35 years$31,549$21,224$13,905$8,915$5,620$2,887
36 years$30,335$20,145$13,008$8,210$5,092$2,555
37 years$29,190$19,133$12,175$7,564$4,615$2,262
38 years$28,108$18,183$11,401$6,972$4,184$2,002
39 years$27,083$17,290$10,682$6,429$3,794$1,773
40 years$26,113$16,450$10,012$5,930$3,441$1,570
41 years$25,192$15,659$9,388$5,471$3,122$1,391
42 years$24,317$14,913$8,806$5,049$2,833$1,232
43 years$23,485$14,209$8,264$4,661$2,571$1,091
44 years$22,694$13,545$7,757$4,303$2,334$967
45 years$21,939$12,916$7,283$3,974$2,119$857
46 years$21,220$12,321$6,841$3,671$1,924$759
47 years$20,533$11,758$6,427$3,392$1,747$673
48 years$19,876$11,225$6,039$3,134$1,586$596
49 years$19,249$10,719$5,677$2,896$1,441$528
50 years$18,648$10,239$5,337$2,677$1,309$468

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $19,100,000, adding $5,118 every year, while hoping to spend $59,645 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: 47/29/24 Blend
39$19,100,000$19,100,000$19,100,000$19,100,000
40$21,053,479$20,041,179$19,745,129$21,898,377
41$23,137,472$20,959,735$20,343,129$23,410,348
42$25,432,034$21,921,301$20,959,163$25,044,252
43$27,958,578$22,927,922$21,593,772$26,816,628
44$30,740,703$23,981,741$22,247,514$28,740,487
45$33,804,411$25,085,002$22,920,962$30,830,123
46$37,178,354$26,240,060$23,614,707$33,101,239
47$40,894,105$27,449,382$24,329,358$35,571,089
48$44,986,455$28,715,552$25,065,543$38,258,634
49$49,493,740$30,041,282$25,823,906$41,184,716
50$54,458,207$31,429,409$26,605,111$44,372,245
51$59,926,406$32,882,913$27,409,845$47,846,406
52$65,949,636$34,404,912$28,238,811$51,634,893
53$72,584,424$35,998,678$29,092,736$55,768,159
54$79,893,059$37,667,637$29,972,367$60,279,695
55$87,944,184$39,415,384$30,878,474$65,206,337
56$96,813,437$41,245,684$31,811,849$70,588,605
57$106,584,171$43,162,486$32,773,310$76,471,073
58$117,348,236$45,169,928$33,763,696$82,902,783
59$129,206,849$47,272,347$34,783,873$89,937,693
60$142,271,548$49,474,292$35,834,732$97,635,176
61$156,665,241$51,780,528$36,917,191$106,060,572
62$172,523,375$54,196,053$38,032,196$115,285,787
63$189,995,203$56,726,104$39,180,719$125,389,962
64$209,245,204$59,376,172$40,363,763$136,460,204
65$230,454,624$62,152,015$41,582,359$148,592,398
66$253,823,198$65,059,666$42,837,569$161,892,091
67$279,571,025$68,105,450$44,130,489$176,475,479
68$307,940,654$71,296,001$45,462,244$192,470,485
69$339,199,366$74,638,271$46,833,995$210,017,947
70$373,641,703$78,139,548$48,246,936$229,272,935
71$411,592,244$81,807,473$49,702,295$250,406,190
72$453,408,672$85,650,058$51,201,341$273,605,723
73$499,485,147$89,675,701$52,745,377$299,078,563
74$550,256,029$93,893,208$54,335,744$327,052,694
75$606,199,979$98,311,810$55,973,826$357,779,187
76$667,844,473$102,941,185$57,661,045$391,534,539
77$735,770,786$107,791,480$59,398,868$428,623,267
78$810,619,478$112,873,334$61,188,801$469,380,753
79$893,096,439$118,197,902$63,032,400$514,176,385
80$983,979,554$123,776,877$64,931,264$563,417,015
81$1,084,126,045$129,622,521$66,887,038$617,550,773
82$1,194,480,567$135,747,690$68,901,419$677,071,264
83$1,316,084,121$142,165,862$70,976,153$742,522,198
84$1,450,083,883$148,891,171$73,113,035$814,502,490
85$1,597,744,035$155,938,435$75,313,918$893,671,876
86$1,760,457,698$163,323,189$77,580,705$980,757,110
87$1,939,760,083$171,061,725$79,915,359$1,076,558,782
88$2,137,342,986$179,171,124$82,319,898$1,181,958,837
89$2,355,070,757$187,669,296$84,796,402$1,297,928,862
90$2,594,997,903$196,575,020$87,347,010$1,425,539,213
91$2,859,388,481$205,907,988$89,973,926$1,565,969,073
92$3,150,737,472$215,688,845$92,679,419$1,720,517,536
93$3,471,794,338$225,939,243$95,465,823$1,890,615,825
94$3,825,588,977$236,681,882$98,335,545$2,077,840,748
95$4,215,460,325$247,940,566$101,291,057$2,283,929,529
96$4,645,087,880$259,740,256$104,334,910$2,510,796,155
97$5,118,526,440$272,107,125$107,469,725$2,760,549,380
98$5,640,244,380$285,068,617$110,698,205$3,035,512,575
99$6,215,165,840$298,653,513$114,023,128$3,338,245,592
100$6,848,717,209$312,891,989$117,447,356$3,671,568,869