Can I retire at age 40 with 19,200,000?

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 $19,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$1,585,518$1,571,395$1,557,616$1,544,167$1,531,035$1,514,416
2 years$784,910$770,292$756,124$742,388$729,064$712,331
3 years$518,075$503,394$489,263$475,655$462,548$446,220
4 years$384,684$370,048$356,058$342,683$329,893$314,096
5 years$304,671$290,122$276,316$263,213$250,780$235,560
6 years$251,346$236,907$223,304$210,494$198,433$183,809
7 years$213,271$198,954$185,567$173,059$161,380$147,357
8 years$184,728$170,540$157,375$145,175$133,880$120,458
9 years$162,540$148,486$135,547$123,656$112,746$99,921
10 years$144,800$130,883$118,173$106,593$96,065$83,827
11 years$130,295$116,517$104,038$92,768$82,619$70,959
12 years$118,216$104,580$92,331$81,370$71,596$60,501
13 years$108,003$94,510$82,492$71,837$62,433$51,890
14 years$99,257$85,907$74,119$63,769$54,729$44,722
15 years$91,683$78,477$66,919$56,871$48,187$38,703
16 years$85,063$72,001$60,672$50,922$42,588$33,609
17 years$79,228$66,311$55,209$45,753$37,762$29,271
18 years$74,047$61,274$50,399$41,233$33,576$25,557
19 years$69,417$56,788$46,138$37,257$29,927$22,362
20 years$65,255$52,770$42,343$33,743$26,731$19,603
21 years$61,494$49,153$38,947$30,624$23,921$17,211
22 years$58,080$45,883$35,896$27,845$21,442$15,133
23 years$54,967$42,913$33,144$25,359$19,248$13,321
24 years$52,118$40,207$30,652$23,128$17,300$11,739
25 years$49,501$37,732$28,390$21,122$15,568$10,354
26 years$47,089$35,462$26,330$19,313$14,023$9,140
27 years$44,859$33,374$24,450$17,678$12,643$8,074
28 years$42,793$31,448$22,730$16,197$11,408$7,137
29 years$40,872$29,668$21,152$14,853$10,301$6,312
30 years$39,083$28,018$19,702$13,631$9,308$5,585
31 years$37,412$26,486$18,368$12,519$8,415$4,943
32 years$35,850$25,062$17,137$11,505$7,612$4,378
33 years$34,384$23,734$16,001$10,580$6,889$3,878
34 years$33,008$22,494$14,951$9,735$6,237$3,436
35 years$31,714$21,335$13,978$8,961$5,649$3,045
36 years$30,494$20,250$13,076$8,253$5,118$2,700
37 years$29,343$19,233$12,239$7,604$4,639$2,394
38 years$28,255$18,278$11,461$7,009$4,206$2,123
39 years$27,225$17,381$10,738$6,463$3,814$1,883
40 years$26,249$16,537$10,065$5,961$3,459$1,671
41 years$25,324$15,741$9,437$5,500$3,138$1,482
42 years$24,444$14,991$8,853$5,075$2,848$1,315
43 years$23,608$14,284$8,307$4,685$2,584$1,167
44 years$22,812$13,615$7,798$4,326$2,346$1,036
45 years$22,054$12,984$7,322$3,995$2,130$919
46 years$21,331$12,386$6,877$3,690$1,934$816
47 years$20,640$11,820$6,460$3,410$1,756$724
48 years$19,980$11,284$6,071$3,151$1,595$643
49 years$19,350$10,775$5,706$2,912$1,448$571
50 years$18,746$10,293$5,365$2,691$1,315$507

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $19,200,000, adding $5,586 every year, while hoping to spend $22,081 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: 44/26/30 Blend
39$19,200,000$19,200,000$19,200,000$19,200,000
40$21,164,162$20,146,562$19,848,962$21,910,633
41$23,299,412$21,110,249$20,490,408$23,409,669
42$25,651,718$22,120,418$21,152,603$25,031,132
43$28,243,196$23,179,321$21,836,218$26,788,500
44$31,098,217$24,289,322$22,541,946$28,694,449
45$34,243,639$25,452,902$23,270,504$30,762,900
46$37,709,055$26,672,660$24,022,631$33,009,141
47$41,527,079$27,951,321$24,799,090$35,449,966
48$45,733,651$29,291,745$25,600,669$38,103,826
49$50,368,373$30,696,930$26,428,181$40,990,993
50$55,474,889$32,170,022$27,282,467$44,133,746
51$61,101,291$33,714,316$28,164,393$47,556,574
52$67,300,576$35,333,271$29,074,854$51,286,395
53$74,131,148$37,030,515$30,014,775$55,352,801
54$81,657,365$38,809,849$30,985,109$59,788,334
55$89,950,147$40,675,263$31,986,842$64,628,773
56$99,087,652$42,630,941$33,020,990$69,913,473
57$109,156,003$44,681,268$34,088,604$75,685,715
58$120,250,111$46,830,845$35,190,768$81,993,110
59$132,474,564$49,084,498$36,328,600$88,888,033
60$145,944,617$51,447,287$37,503,256$96,428,110
61$160,787,282$53,924,518$38,715,930$104,676,741
62$177,142,523$56,521,757$39,967,851$113,703,692
63$195,164,579$59,244,841$41,260,293$123,585,738
64$215,023,420$62,099,893$42,594,567$134,407,371
65$236,906,353$65,093,332$43,972,029$146,261,582
66$261,019,787$68,231,891$45,394,078$159,250,726
67$287,591,185$71,522,633$46,862,159$173,487,470
68$316,871,207$74,972,964$48,377,763$189,095,835
69$349,136,082$78,590,651$49,942,430$206,212,357
70$384,690,211$82,383,841$51,557,749$224,987,347
71$423,869,041$86,361,078$53,225,363$245,586,296
72$467,042,236$90,531,324$54,946,965$268,191,418
73$514,617,161$94,903,976$56,724,306$293,003,340
74$567,042,732$99,488,891$58,559,190$320,242,981
75$624,813,652$104,296,408$60,453,484$350,153,612
76$688,475,081$109,337,368$62,409,113$383,003,124
77$758,627,785$114,623,145$64,428,063$419,086,534
78$835,933,804$120,165,664$66,512,389$458,728,741
79$921,122,706$125,977,435$68,664,207$502,287,567
80$1,014,998,471$132,071,578$70,885,707$550,157,103
81$1,118,447,083$138,461,854$73,179,146$602,771,399
82$1,232,444,895$145,162,694$75,546,857$660,608,527
83$1,358,067,844$152,189,236$77,991,247$724,195,063
84$1,496,501,611$159,557,356$80,514,801$794,111,021
85$1,649,052,815$167,283,705$83,120,086$870,995,292
86$1,817,161,344$175,385,749$85,809,751$955,551,634
87$2,002,413,955$183,881,805$88,586,532$1,048,555,278
88$2,206,559,251$192,791,086$91,453,253$1,150,860,201
89$2,431,524,187$202,133,742$94,412,830$1,263,407,147
90$2,679,432,268$211,930,909$97,468,273$1,387,232,459
91$2,952,623,590$222,204,754$100,622,691$1,523,477,812
92$3,253,676,938$232,978,529$103,879,293$1,673,400,944
93$3,585,434,128$244,276,619$107,241,392$1,838,387,474
94$3,951,026,839$256,124,603$110,712,408$2,019,963,927
95$4,353,906,177$268,549,310$114,295,874$2,219,812,087
96$4,797,875,258$281,578,876$117,995,437$2,439,784,816
97$5,287,125,110$295,242,817$121,814,860$2,681,923,475
98$5,826,274,244$309,572,088$125,758,031$2,948,477,137
99$6,420,412,255$324,599,158$129,828,962$3,241,923,745
100$7,075,147,871$340,358,083$134,031,799$3,564,993,432