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

Use the below retirement simulation to view the chances of a successful retirement.
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%19.5%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,464,946
2 years$780,822$766,280$752,186$738,521$725,267$667,401
3 years$515,377$500,772$486,714$473,178$460,139$404,343
4 years$382,681$368,121$354,203$340,898$328,175$274,874
5 years$303,084$288,611$274,876$261,842$249,474$198,805
6 years$250,036$235,673$222,141$209,397$197,400$149,398
7 years$212,160$197,918$184,600$172,157$160,539$115,189
8 years$183,766$169,652$156,556$144,418$133,183$90,441
9 years$161,694$147,712$134,841$123,012$112,159$71,965
10 years$144,046$130,201$117,558$106,038$95,565$57,844
11 years$129,616$115,911$103,496$92,285$82,189$46,857
12 years$117,600$104,035$91,850$80,946$71,223$38,189
13 years$107,440$94,017$82,062$71,463$62,108$31,275
14 years$98,740$85,459$73,733$63,437$54,444$25,712
15 years$91,206$78,068$66,571$56,575$47,936$21,205
16 years$84,620$71,626$60,356$50,657$42,366$17,532
17 years$78,815$65,965$54,922$45,515$37,565$14,526
18 years$73,661$60,955$50,137$41,018$33,401$12,056
19 years$69,055$56,492$45,898$37,063$29,771$10,019
20 years$64,915$52,495$42,123$33,568$26,592$8,337
21 years$61,174$48,897$38,745$30,465$23,797$6,943
22 years$57,777$45,644$35,709$27,700$21,331$5,787
23 years$54,681$42,690$32,971$25,226$19,148$4,827
24 years$51,846$39,998$30,493$23,008$17,210$4,028
25 years$49,243$37,536$28,242$21,012$15,487$3,363
26 years$46,843$35,278$26,193$19,213$13,950$2,809
27 years$44,626$33,200$24,323$17,586$12,577$2,347
28 years$42,570$31,284$22,611$16,112$11,348$1,961
29 years$40,659$29,513$21,042$14,775$10,247$1,639
30 years$38,879$27,872$19,600$13,560$9,259$1,371
31 years$37,218$26,348$18,272$12,454$8,371$1,146
32 years$35,663$24,931$17,048$11,445$7,572$958
33 years$34,205$23,610$15,918$10,525$6,853$802
34 years$32,836$22,377$14,873$9,684$6,205$670
35 years$31,549$21,224$13,905$8,915$5,620$561
36 years$30,335$20,145$13,008$8,210$5,092$469
37 years$29,190$19,133$12,175$7,564$4,615$393
38 years$28,108$18,183$11,401$6,972$4,184$328
39 years$27,083$17,290$10,682$6,429$3,794$275
40 years$26,113$16,450$10,012$5,930$3,441$230
41 years$25,192$15,659$9,388$5,471$3,122$192
42 years$24,317$14,913$8,806$5,049$2,833$161
43 years$23,485$14,209$8,264$4,661$2,571$135
44 years$22,694$13,545$7,757$4,303$2,334$113
45 years$21,939$12,916$7,283$3,974$2,119$94
46 years$21,220$12,321$6,841$3,671$1,924$79
47 years$20,533$11,758$6,427$3,392$1,747$66
48 years$19,876$11,225$6,039$3,134$1,586$55
49 years$19,249$10,719$5,677$2,896$1,441$46
50 years$18,648$10,239$5,337$2,677$1,309$39

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 $2,628 every year, while hoping to spend $34,332 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: 48/30/22 Blend
39$19,100,000$19,100,000$19,100,000$19,100,000
40$21,050,911$20,038,611$19,742,561$21,929,914
41$23,161,575$20,983,974$20,367,408$23,488,735
42$25,486,376$21,974,509$21,012,036$25,176,834
43$28,047,119$23,012,393$21,677,073$27,009,281
44$30,867,835$24,099,910$22,363,164$28,999,652
45$33,975,000$25,239,451$23,070,976$31,162,857
46$37,397,794$26,433,528$23,801,197$33,515,277
47$41,168,369$27,684,771$24,554,538$36,074,908
48$45,322,156$28,995,939$25,331,729$38,861,529
49$49,898,201$30,369,924$26,133,526$41,896,872
50$54,939,527$31,809,760$26,960,708$45,204,830
51$60,493,547$33,318,627$27,814,081$48,811,664
52$66,612,508$34,899,859$28,694,472$52,746,250
53$73,353,985$36,556,953$29,602,738$57,040,336
54$80,781,423$38,293,575$30,539,761$61,728,838
55$88,964,737$40,113,570$31,506,452$66,850,155
56$97,980,974$42,020,968$32,503,751$72,446,524
57$107,915,034$44,019,996$33,532,628$78,564,404
58$118,860,478$46,115,086$34,594,082$85,254,908
59$130,920,408$48,310,887$35,689,145$92,574,271
60$144,208,440$50,612,271$36,818,881$100,584,365
61$158,849,777$53,024,348$37,984,390$109,353,276
62$174,982,391$55,552,478$39,186,804$118,955,931
63$192,758,325$58,202,279$40,427,291$129,474,787
64$212,345,127$60,979,644$41,707,059$141,000,601
65$233,927,434$63,890,751$43,027,350$153,633,265
66$257,708,715$66,942,080$44,389,449$167,482,738
67$283,913,188$70,140,426$45,794,679$182,670,060
68$312,787,941$73,492,914$47,244,408$199,328,485
69$344,605,259$77,007,016$48,740,044$217,604,713
70$379,665,202$80,690,566$50,283,042$237,660,260
71$418,298,430$84,551,781$51,874,902$259,672,959
72$460,869,331$88,599,279$53,517,171$283,838,620
73$507,779,453$92,842,095$55,211,448$310,372,853
74$559,471,304$97,289,704$56,959,378$339,513,085
75$616,432,521$101,952,044$58,762,661$371,520,769
76$679,200,480$106,839,535$60,623,052$406,683,833
77$748,367,364$111,963,107$62,542,359$445,319,371
78$824,585,755$117,334,219$64,522,448$487,776,603
79$908,574,797$122,964,891$66,565,245$534,440,147
80$1,001,126,982$128,867,727$68,672,737$585,733,619
81$1,103,115,633$135,055,945$70,846,972$642,123,598
82$1,215,503,148$141,543,406$73,090,066$704,123,998
83$1,339,350,086$148,344,650$75,404,200$772,300,881
84$1,475,825,179$155,474,921$77,791,625$847,277,772
85$1,626,216,364$162,950,210$80,254,661$929,741,497
86$1,791,942,946$170,787,283$82,795,706$1,020,448,635
87$1,974,568,994$179,003,728$85,417,229$1,120,232,610
88$2,175,818,107$187,617,985$88,121,782$1,230,011,522
89$2,397,589,686$196,649,399$90,911,993$1,350,796,764
90$2,641,976,867$206,118,253$93,790,578$1,483,702,521
91$2,911,286,282$216,045,821$96,760,337$1,629,956,242
92$3,208,059,831$226,454,415$99,824,156$1,790,910,170
93$3,535,098,687$237,367,434$102,985,018$1,968,054,052
94$3,895,489,733$248,809,418$106,245,997$2,163,029,152
95$4,292,634,712$260,806,106$109,610,264$2,377,643,674
96$4,730,282,337$273,384,490$113,081,092$2,613,889,777
97$5,212,563,685$286,572,879$116,661,859$2,873,962,314
98$5,744,031,196$300,400,965$120,356,046$3,160,279,479
99$6,329,701,652$314,899,887$124,167,247$3,475,505,565
100$6,975,103,542$330,102,303$128,099,171$3,822,576,045