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%14.8%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,492,920
2 years$780,822$766,280$752,186$738,521$725,267$695,028
3 years$515,377$500,772$486,714$473,178$460,139$430,745
4 years$382,681$368,121$354,203$340,898$328,175$299,852
5 years$303,084$288,611$274,876$261,842$249,474$222,302
6 years$250,036$235,673$222,141$209,397$197,400$171,410
7 years$212,160$197,918$184,600$172,157$160,539$135,736
8 years$183,766$169,652$156,556$144,418$133,183$109,560
9 years$161,694$147,712$134,841$123,012$112,159$89,701
10 years$144,046$130,201$117,558$106,038$95,565$74,251
11 years$129,616$115,911$103,496$92,285$82,189$61,993
12 years$117,600$104,035$91,850$80,946$71,223$52,116
13 years$107,440$94,017$82,062$71,463$62,108$44,057
14 years$98,740$85,459$73,733$63,437$54,444$37,416
15 years$91,206$78,068$66,571$56,575$47,936$31,896
16 years$84,620$71,626$60,356$50,657$42,366$27,276
17 years$78,815$65,965$54,922$45,515$37,565$23,387
18 years$73,661$60,955$50,137$41,018$33,401$20,098
19 years$69,055$56,492$45,898$37,063$29,771$17,304
20 years$64,915$52,495$42,123$33,568$26,592$14,923
21 years$61,174$48,897$38,745$30,465$23,797$12,887
22 years$57,777$45,644$35,709$27,700$21,331$11,141
23 years$54,681$42,690$32,971$25,226$19,148$9,642
24 years$51,846$39,998$30,493$23,008$17,210$8,352
25 years$49,243$37,536$28,242$21,012$15,487$7,240
26 years$46,843$35,278$26,193$19,213$13,950$6,280
27 years$44,626$33,200$24,323$17,586$12,577$5,451
28 years$42,570$31,284$22,611$16,112$11,348$4,733
29 years$40,659$29,513$21,042$14,775$10,247$4,111
30 years$38,879$27,872$19,600$13,560$9,259$3,573
31 years$37,218$26,348$18,272$12,454$8,371$3,106
32 years$35,663$24,931$17,048$11,445$7,572$2,700
33 years$34,205$23,610$15,918$10,525$6,853$2,349
34 years$32,836$22,377$14,873$9,684$6,205$2,043
35 years$31,549$21,224$13,905$8,915$5,620$1,778
36 years$30,335$20,145$13,008$8,210$5,092$1,547
37 years$29,190$19,133$12,175$7,564$4,615$1,346
38 years$28,108$18,183$11,401$6,972$4,184$1,172
39 years$27,083$17,290$10,682$6,429$3,794$1,020
40 years$26,113$16,450$10,012$5,930$3,441$888
41 years$25,192$15,659$9,388$5,471$3,122$773
42 years$24,317$14,913$8,806$5,049$2,833$673
43 years$23,485$14,209$8,264$4,661$2,571$586
44 years$22,694$13,545$7,757$4,303$2,334$510
45 years$21,939$12,916$7,283$3,974$2,119$444
46 years$21,220$12,321$6,841$3,671$1,924$387
47 years$20,533$11,758$6,427$3,392$1,747$337
48 years$19,876$11,225$6,039$3,134$1,586$294
49 years$19,249$10,719$5,677$2,896$1,441$256
50 years$18,648$10,239$5,337$2,677$1,309$223

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 $2,197 every year, while hoping to spend $26,366 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: 36/39/25 Blend
39$19,100,000$19,100,000$19,100,000$19,100,000
40$21,050,466$20,038,166$19,742,116$21,649,679
41$23,169,561$20,991,983$20,375,424$23,046,160
42$25,503,919$21,991,653$21,029,064$24,550,162
43$28,075,470$23,039,396$21,703,689$26,173,355
44$30,908,379$24,137,538$22,399,974$27,926,450
45$34,029,276$25,288,519$23,118,615$29,821,191
46$37,467,503$26,494,897$23,860,329$31,870,451
47$41,255,397$27,759,356$24,625,859$34,088,348
48$45,428,593$29,084,710$25,415,971$36,490,366
49$50,026,356$30,473,907$26,231,452$39,093,496
50$55,091,959$31,930,043$27,073,121$41,916,380
51$60,673,085$33,456,361$27,941,816$44,979,481
52$66,822,281$35,056,264$28,838,408$48,305,261
53$73,597,451$36,733,319$29,763,793$51,918,383
54$81,062,408$38,491,268$30,718,896$55,845,931
55$89,287,467$40,334,034$31,704,673$60,117,656
56$98,350,118$42,265,731$32,722,109$64,766,235
57$108,335,752$44,290,674$33,772,222$69,827,574
58$119,338,470$46,413,388$34,856,062$75,341,126
59$131,461,968$48,638,618$35,974,714$81,350,251
60$144,820,518$50,971,340$37,129,296$87,902,609
61$159,540,047$53,416,772$38,320,964$95,050,591
62$175,759,325$55,980,387$39,550,910$102,851,796
63$193,631,274$58,667,924$40,820,364$111,369,559
64$213,324,414$61,485,402$42,130,596$120,673,523
65$235,024,451$64,439,134$43,482,917$130,840,285
66$258,936,032$67,535,738$44,878,682$141,954,089
67$285,284,675$70,782,157$46,319,285$154,107,604
68$314,318,900$74,185,671$47,806,170$167,402,774
69$346,312,575$77,753,916$49,340,824$181,951,757
70$381,567,499$81,494,899$50,924,782$197,877,954
71$420,416,252$85,417,018$52,559,631$215,317,153
72$463,225,338$89,529,080$54,247,007$234,418,779
73$510,398,640$93,840,322$55,988,599$255,347,276
74$562,381,234$98,360,431$57,786,150$278,283,628
75$619,663,594$103,099,566$59,641,460$303,427,037
76$682,786,218$108,068,382$61,556,386$330,996,768
77$752,344,733$113,278,053$63,532,846$361,234,187
78$828,995,518$118,740,300$65,572,818$394,404,997
79$913,461,899$124,467,412$67,678,346$430,801,713
80$1,006,540,979$130,472,282$69,851,537$470,746,381
81$1,109,111,163$136,768,428$72,094,568$514,593,574
82$1,222,140,451$143,370,030$74,409,685$562,733,699
83$1,346,695,574$150,291,959$76,799,207$615,596,633
84$1,483,952,070$157,549,812$79,265,527$673,655,734
85$1,635,205,374$165,159,946$81,811,115$737,432,258
86$1,801,883,057$173,139,518$84,438,522$807,500,230
87$1,985,558,295$181,506,521$87,150,379$884,491,800
88$2,187,964,727$190,279,826$89,949,403$969,103,161
89$2,411,012,819$199,479,228$92,838,398$1,062,101,055
90$2,656,807,901$209,125,484$95,820,258$1,164,329,949
91$2,927,670,042$219,240,368$98,897,972$1,276,719,942
92$3,226,155,955$229,846,715$102,074,623$1,400,295,471
93$3,555,083,134$240,968,475$105,353,394$1,536,184,913
94$3,917,556,452$252,630,769$108,737,571$1,685,631,160
95$4,316,997,476$264,859,942$112,230,546$1,850,003,271
96$4,757,176,768$277,683,629$115,835,818$2,030,809,313
97$5,242,249,482$291,130,810$119,557,002$2,229,710,509
98$5,776,794,594$305,231,885$123,397,827$2,448,536,833
99$6,365,858,132$320,018,737$127,362,143$2,689,304,181
100$7,015,000,811$335,524,804$131,453,924$2,954,233,308