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%13.1%
1 years$1,585,518$1,571,395$1,557,616$1,544,167$1,531,035$1,511,277
2 years$784,910$770,292$756,124$742,388$729,064$709,187
3 years$518,075$503,394$489,263$475,655$462,548$443,169
4 years$384,684$370,048$356,058$342,683$329,893$311,161
5 years$304,671$290,122$276,316$263,213$250,780$232,750
6 years$251,346$236,907$223,304$210,494$198,433$181,127
7 years$213,271$198,954$185,567$173,059$161,380$144,803
8 years$184,728$170,540$157,375$145,175$133,880$118,032
9 years$162,540$148,486$135,547$123,656$112,746$97,619
10 years$144,800$130,883$118,173$106,593$96,065$81,649
11 years$130,295$116,517$104,038$92,768$82,619$68,901
12 years$118,216$104,580$92,331$81,370$71,596$58,560
13 years$108,003$94,510$82,492$71,837$62,433$50,062
14 years$99,257$85,907$74,119$63,769$54,729$43,004
15 years$91,683$78,477$66,919$56,871$48,187$37,090
16 years$85,063$72,001$60,672$50,922$42,588$32,097
17 years$79,228$66,311$55,209$45,753$37,762$27,856
18 years$74,047$61,274$50,399$41,233$33,576$24,235
19 years$69,417$56,788$46,138$37,257$29,927$21,128
20 years$65,255$52,770$42,343$33,743$26,731$18,453
21 years$61,494$49,153$38,947$30,624$23,921$16,141
22 years$58,080$45,883$35,896$27,845$21,442$14,138
23 years$54,967$42,913$33,144$25,359$19,248$12,398
24 years$52,118$40,207$30,652$23,128$17,300$10,883
25 years$49,501$37,732$28,390$21,122$15,568$9,562
26 years$47,089$35,462$26,330$19,313$14,023$8,407
27 years$44,859$33,374$24,450$17,678$12,643$7,397
28 years$42,793$31,448$22,730$16,197$11,408$6,512
29 years$40,872$29,668$21,152$14,853$10,301$5,736
30 years$39,083$28,018$19,702$13,631$9,308$5,055
31 years$37,412$26,486$18,368$12,519$8,415$4,456
32 years$35,850$25,062$17,137$11,505$7,612$3,930
33 years$34,384$23,734$16,001$10,580$6,889$3,466
34 years$33,008$22,494$14,951$9,735$6,237$3,059
35 years$31,714$21,335$13,978$8,961$5,649$2,700
36 years$30,494$20,250$13,076$8,253$5,118$2,383
37 years$29,343$19,233$12,239$7,604$4,639$2,104
38 years$28,255$18,278$11,461$7,009$4,206$1,858
39 years$27,225$17,381$10,738$6,463$3,814$1,641
40 years$26,249$16,537$10,065$5,961$3,459$1,450
41 years$25,324$15,741$9,437$5,500$3,138$1,281
42 years$24,444$14,991$8,853$5,075$2,848$1,132
43 years$23,608$14,284$8,307$4,685$2,584$1,000
44 years$22,812$13,615$7,798$4,326$2,346$883
45 years$22,054$12,984$7,322$3,995$2,130$781
46 years$21,331$12,386$6,877$3,690$1,934$690
47 years$20,640$11,820$6,460$3,410$1,756$610
48 years$19,980$11,284$6,071$3,151$1,595$539
49 years$19,350$10,775$5,706$2,912$1,448$476
50 years$18,746$10,293$5,365$2,691$1,315$421

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 $5,805 every year, while hoping to spend $36,796 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: 39/37/24 Blend
39$19,200,000$19,200,000$19,200,000$19,200,000
40$21,164,388$20,146,788$19,849,188$21,838,601
41$23,284,005$21,094,830$20,474,985$23,275,733
42$25,618,589$22,088,093$21,120,513$24,824,804
43$28,190,029$23,128,753$21,786,394$26,499,118
44$31,022,444$24,219,094$22,473,270$28,310,087
45$34,142,412$25,361,508$23,181,803$30,270,225
46$37,579,220$26,558,504$23,912,676$32,393,265
47$41,365,143$27,812,713$24,666,593$34,694,271
48$45,535,744$29,126,892$25,444,280$37,189,780
49$50,130,214$30,503,934$26,246,488$39,897,943
50$55,191,740$31,946,871$27,073,989$42,838,690
51$60,767,911$33,458,881$27,927,581$46,033,906
52$66,911,170$35,043,298$28,808,087$49,507,627
53$73,679,306$36,703,617$29,716,355$53,286,258
54$81,136,003$38,443,502$30,653,261$57,398,807
55$89,351,438$40,266,796$31,619,707$61,877,150
56$98,402,943$42,177,527$32,616,626$66,756,320
57$108,375,738$44,179,921$33,644,978$72,074,818
58$119,363,732$46,278,406$34,705,753$77,874,972
59$131,470,412$48,477,628$35,799,976$84,203,314
60$144,809,819$50,782,456$36,928,699$91,111,008
61$159,507,622$53,197,997$38,093,012$98,654,316
62$175,702,307$55,729,607$39,294,036$106,895,115
63$193,546,485$58,382,901$40,532,929$115,901,460
64$213,208,329$61,163,766$41,810,885$125,748,209
65$234,873,165$64,078,376$43,129,136$136,517,715
66$258,745,218$67,133,207$44,488,952$148,300,577
67$285,049,542$70,335,046$45,891,644$161,196,480
68$314,034,146$73,691,013$47,338,564$175,315,111
69$345,972,330$77,208,574$48,831,107$190,777,172
70$381,165,269$80,895,556$50,370,711$207,715,500
71$419,944,857$84,760,169$51,958,860$226,276,287
72$462,676,836$88,811,021$53,597,085$246,620,446
73$509,764,251$93,057,139$55,286,966$268,925,092
74$561,651,256$97,507,989$57,030,130$293,385,191
75$618,827,303$102,173,500$58,828,258$320,215,371
76$681,831,767$107,064,080$60,683,084$349,651,915
77$751,259,034$112,190,647$62,596,395$381,954,959
78$827,764,117$117,564,650$64,570,035$417,410,915
79$912,068,832$123,198,094$66,605,907$456,335,138
80$1,004,968,621$129,103,569$68,705,973$499,074,866
81$1,107,340,055$135,294,278$70,872,257$546,012,459
82$1,220,149,111$141,784,068$73,106,848$597,568,966
83$1,344,460,292$148,587,459$75,411,900$654,208,061
84$1,481,446,677$155,719,680$77,789,633$716,440,371
85$1,632,400,994$163,196,699$80,242,342$784,828,251
86$1,798,747,823$171,035,266$82,772,388$859,991,045
87$1,982,057,050$179,252,943$85,382,212$942,610,881
88$2,184,058,682$187,868,150$88,074,329$1,033,439,054
89$2,406,659,183$196,900,204$90,851,334$1,133,303,066
90$2,651,959,469$206,369,364$93,715,904$1,243,114,377
91$2,922,274,748$216,296,876$96,670,800$1,363,876,947
92$3,220,156,372$226,705,022$99,718,870$1,496,696,651
93$3,548,415,922$237,617,169$102,863,053$1,642,791,651
94$3,910,151,761$249,057,825$106,106,380$1,803,503,824
95$4,308,778,274$261,052,691$109,451,977$1,980,311,357
96$4,748,058,108$273,628,723$112,903,069$2,174,842,623
97$5,232,137,696$286,814,192$116,462,982$2,388,891,473
98$5,765,586,398$300,638,744$120,135,149$2,624,434,086
99$6,353,439,644$315,133,475$123,923,109$2,883,647,535
100$7,001,246,468$330,330,997$127,830,515$3,168,930,251