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%19%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,467,854
2 years$780,822$766,280$752,186$738,521$725,267$670,253
3 years$515,377$500,772$486,714$473,178$460,139$407,047
4 years$382,681$368,121$354,203$340,898$328,175$277,411
5 years$303,084$288,611$274,876$261,842$249,474$201,170
6 years$250,036$235,673$222,141$209,397$197,400$151,592
7 years$212,160$197,918$184,600$172,157$160,539$117,215
8 years$183,766$169,652$156,556$144,418$133,183$92,306
9 years$161,694$147,712$134,841$123,012$112,159$73,675
10 years$144,046$130,201$117,558$106,038$95,565$59,406
11 years$129,616$115,911$103,496$92,285$82,189$48,279
12 years$117,600$104,035$91,850$80,946$71,223$39,479
13 years$107,440$94,017$82,062$71,463$62,108$32,443
14 years$98,740$85,459$73,733$63,437$54,444$26,766
15 years$91,206$78,068$66,571$56,575$47,936$22,153
16 years$84,620$71,626$60,356$50,657$42,366$18,383
17 years$78,815$65,965$54,922$45,515$37,565$15,287
18 years$73,661$60,955$50,137$41,018$33,401$12,735
19 years$69,055$56,492$45,898$37,063$29,771$10,624
20 years$64,915$52,495$42,123$33,568$26,592$8,874
21 years$61,174$48,897$38,745$30,465$23,797$7,419
22 years$57,777$45,644$35,709$27,700$21,331$6,208
23 years$54,681$42,690$32,971$25,226$19,148$5,198
24 years$51,846$39,998$30,493$23,008$17,210$4,356
25 years$49,243$37,536$28,242$21,012$15,487$3,651
26 years$46,843$35,278$26,193$19,213$13,950$3,062
27 years$44,626$33,200$24,323$17,586$12,577$2,568
28 years$42,570$31,284$22,611$16,112$11,348$2,155
29 years$40,659$29,513$21,042$14,775$10,247$1,809
30 years$38,879$27,872$19,600$13,560$9,259$1,518
31 years$37,218$26,348$18,272$12,454$8,371$1,275
32 years$35,663$24,931$17,048$11,445$7,572$1,071
33 years$34,205$23,610$15,918$10,525$6,853$899
34 years$32,836$22,377$14,873$9,684$6,205$755
35 years$31,549$21,224$13,905$8,915$5,620$634
36 years$30,335$20,145$13,008$8,210$5,092$533
37 years$29,190$19,133$12,175$7,564$4,615$448
38 years$28,108$18,183$11,401$6,972$4,184$376
39 years$27,083$17,290$10,682$6,429$3,794$316
40 years$26,113$16,450$10,012$5,930$3,441$265
41 years$25,192$15,659$9,388$5,471$3,122$223
42 years$24,317$14,913$8,806$5,049$2,833$187
43 years$23,485$14,209$8,264$4,661$2,571$157
44 years$22,694$13,545$7,757$4,303$2,334$132
45 years$21,939$12,916$7,283$3,974$2,119$111
46 years$21,220$12,321$6,841$3,671$1,924$93
47 years$20,533$11,758$6,427$3,392$1,747$78
48 years$19,876$11,225$6,039$3,134$1,586$66
49 years$19,249$10,719$5,677$2,896$1,441$55
50 years$18,648$10,239$5,337$2,677$1,309$47

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 $2,522 every year, while hoping to spend $32,486 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: 54/40/6 Blend
39$19,100,000$19,100,000$19,100,000$19,100,000
40$21,050,801$20,038,501$19,742,451$22,159,096
41$23,163,418$20,985,823$20,369,259$23,855,487
42$25,490,433$21,978,475$21,015,975$25,696,950
43$28,053,681$23,018,643$21,683,234$27,700,205
44$30,877,221$24,108,622$22,371,687$29,880,572
45$33,987,567$25,250,814$23,082,008$32,254,879
46$37,413,937$26,447,741$23,814,893$34,841,614
47$41,188,524$27,702,046$24,571,057$37,661,090
48$45,346,808$29,016,501$25,351,242$40,735,626
49$49,927,884$30,394,011$26,156,210$44,089,756
50$54,974,834$31,837,624$26,986,749$47,750,444
51$60,535,134$33,350,534$27,843,672$51,747,332
52$66,661,099$34,936,092$28,727,817$56,113,012
53$73,410,382$36,597,811$29,640,050$60,883,317
54$80,846,512$38,339,375$30,581,263$66,097,655
55$89,039,498$40,164,646$31,552,376$71,799,365
56$98,066,487$42,077,674$32,554,342$78,036,113
57$108,012,496$44,082,707$33,588,139$84,860,334
58$118,971,209$46,184,198$34,654,780$92,329,711
59$131,045,866$48,386,818$35,755,309$100,507,702
60$144,350,236$50,695,463$36,890,803$109,464,132
61$159,009,688$53,115,269$38,062,373$119,275,829
62$175,162,380$55,651,621$39,271,167$130,027,339
63$192,960,558$58,310,166$40,518,366$141,811,703
64$212,571,997$61,096,826$41,805,193$154,731,322
65$234,181,580$64,017,810$43,132,906$168,898,899
66$257,993,048$67,079,630$44,502,806$184,438,491
67$284,230,923$70,289,115$45,916,233$201,486,653
68$313,142,622$73,653,426$47,374,572$220,193,710
69$345,000,798$77,180,073$48,879,249$240,725,153
70$380,105,914$80,876,931$50,431,739$263,263,176
71$418,789,075$84,752,259$52,033,560$288,008,373
72$461,415,159$88,814,717$53,686,282$315,181,607
73$508,386,254$93,073,388$55,391,522$345,026,066
74$560,145,465$97,537,796$57,150,950$377,809,530
75$617,181,085$102,217,931$58,966,289$413,826,872
76$680,031,212$107,124,266$60,839,317$453,402,811
77$749,288,829$112,267,789$62,771,868$496,894,940
78$825,607,398$117,660,018$64,765,833$544,697,074
79$909,707,030$123,313,037$66,823,166$597,242,928
80$1,002,381,287$129,239,516$68,945,882$655,010,176
81$1,104,504,668$135,452,742$71,136,059$718,524,921
82$1,217,040,870$141,966,652$73,395,843$788,366,618
83$1,341,051,881$148,795,860$75,727,446$865,173,507
84$1,477,708,009$155,955,694$78,133,152$949,648,587
85$1,628,298,932$163,462,228$80,615,318$1,042,566,211
86$1,794,245,866$171,332,321$83,176,375$1,144,779,342
87$1,977,114,992$179,583,652$85,818,831$1,257,227,555
88$2,178,632,234$188,234,764$88,545,274$1,380,945,857
89$2,400,699,558$197,305,103$91,358,377$1,517,074,393
90$2,645,412,923$206,815,064$94,260,893$1,666,869,157
91$2,915,082,076$216,786,036$97,255,667$1,831,713,784
92$3,212,252,348$227,240,453$100,345,633$2,013,132,546
93$3,539,728,694$238,201,841$103,533,817$2,212,804,673
94$3,900,602,164$249,694,875$106,823,344$2,432,580,137
95$4,298,279,095$261,745,434$110,217,436$2,674,497,039
96$4,736,513,261$274,380,658$113,719,418$2,940,800,771
97$5,219,441,317$287,629,014$117,332,723$3,233,965,130
98$5,751,621,852$301,520,357$121,060,890$3,556,715,587
99$6,338,078,423$316,085,997$124,907,572$3,912,054,928
100$6,984,346,986$331,358,774$128,876,539$4,303,291,502