Can I retire at age 40 with 19,300,000?

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 $19,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$1,593,776$1,579,579$1,565,729$1,552,210$1,539,009$1,509,788
2 years$788,998$774,304$760,063$746,255$732,861$703,536
3 years$520,774$506,016$491,811$478,133$464,957$436,441
4 years$386,688$371,975$357,912$344,468$331,612$304,125
5 years$306,257$291,633$277,755$264,584$252,086$225,706
6 years$252,655$238,140$224,467$211,590$199,467$174,224
7 years$214,382$199,990$186,533$173,960$162,220$138,120
8 years$185,691$171,428$158,195$145,931$134,577$111,614
9 years$163,387$149,259$136,253$124,301$113,333$91,492
10 years$145,554$131,565$118,789$107,148$96,566$75,826
11 years$130,973$117,124$104,580$93,251$83,050$63,388
12 years$118,831$105,124$92,812$81,794$71,969$53,358
13 years$108,565$95,002$82,921$72,212$62,759$45,167
14 years$99,774$86,354$74,505$64,101$55,014$38,410
15 years$92,161$78,886$67,268$57,167$48,438$32,789
16 years$85,506$72,376$60,988$51,187$42,810$28,079
17 years$79,641$66,656$55,497$45,991$37,958$24,111
18 years$74,433$61,593$50,662$41,447$33,751$20,750
19 years$69,778$57,084$46,378$37,451$30,083$17,892
20 years$65,595$53,045$42,564$33,919$26,871$15,453
21 years$61,814$49,409$39,150$30,784$24,046$13,365
22 years$58,382$46,122$36,083$27,990$21,554$11,573
23 years$55,253$43,137$33,316$25,491$19,348$10,031
24 years$52,389$40,416$30,812$23,249$17,390$8,703
25 years$49,758$37,929$28,538$21,232$15,649$7,556
26 years$47,334$35,647$26,468$19,414$14,096$6,565
27 years$45,093$33,548$24,578$17,770$12,709$5,707
28 years$43,015$31,612$22,848$16,281$11,467$4,963
29 years$41,085$29,822$21,262$14,930$10,355$4,319
30 years$39,286$28,164$19,805$13,702$9,356$3,759
31 years$37,607$26,624$18,463$12,584$8,459$3,273
32 years$36,036$25,192$17,227$11,565$7,652$2,851
33 years$34,563$23,857$16,085$10,635$6,925$2,483
34 years$33,180$22,611$15,029$9,785$6,269$2,164
35 years$31,879$21,446$14,051$9,008$5,678$1,886
36 years$30,653$20,356$13,144$8,296$5,145$1,644
37 years$29,496$19,333$12,303$7,644$4,663$1,433
38 years$28,402$18,374$11,521$7,045$4,228$1,249
39 years$27,367$17,471$10,794$6,496$3,834$1,089
40 years$26,386$16,623$10,117$5,992$3,477$950
41 years$25,456$15,823$9,487$5,528$3,155$829
42 years$24,572$15,070$8,899$5,102$2,863$723
43 years$23,731$14,358$8,350$4,710$2,598$630
44 years$22,931$13,686$7,838$4,349$2,358$550
45 years$22,169$13,051$7,360$4,016$2,141$480
46 years$21,442$12,450$6,912$3,710$1,944$418
47 years$20,748$11,881$6,494$3,427$1,765$365
48 years$20,085$11,342$6,103$3,167$1,603$318
49 years$19,450$10,831$5,736$2,927$1,456$278
50 years$18,844$10,347$5,393$2,705$1,322$242

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $19,300,000, adding $3,328 every year, while hoping to spend $32,479 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: 61/26/13 Blend
39$19,300,000$19,300,000$19,300,000$19,300,000
40$21,272,033$20,249,133$19,949,983$22,502,342
41$23,407,223$21,206,783$20,583,750$24,287,012
42$25,759,114$22,210,269$21,237,660$26,229,633
43$28,349,774$23,261,804$21,912,352$28,348,660
44$31,203,524$24,363,705$22,608,489$30,661,162
45$34,347,162$25,518,405$23,326,752$33,185,908
46$37,810,218$26,728,453$24,067,844$35,943,539
47$41,625,236$27,996,522$24,832,491$38,956,758
48$45,828,073$29,325,415$25,621,443$42,250,535
49$50,458,248$30,718,071$26,435,473$45,852,341
50$55,559,305$32,177,573$27,275,377$49,792,394
51$61,179,231$33,707,151$28,141,979$54,103,944
52$67,370,905$35,310,194$29,036,128$58,823,576
53$74,192,599$36,990,255$29,958,700$63,991,549
54$81,708,526$38,751,059$30,910,598$69,652,165
55$89,989,449$40,596,514$31,892,756$75,854,183
56$99,113,345$42,530,716$32,906,136$82,651,269
57$109,166,145$44,557,960$33,951,731$90,102,491
58$120,242,543$46,682,751$35,030,565$98,272,871
59$132,446,890$48,909,813$36,143,696$107,233,987
60$145,894,177$51,244,098$37,292,214$117,064,635
61$160,711,125$53,690,801$38,477,246$127,851,569
62$177,037,378$56,255,369$39,699,952$139,690,300
63$195,026,821$58,943,512$40,961,530$152,685,992
64$214,849,033$61,761,220$42,263,218$166,954,440
65$236,690,890$64,714,775$43,606,291$182,623,151
66$260,758,324$67,810,763$44,992,065$199,832,528
67$287,278,273$71,056,090$46,421,899$218,737,192
68$316,500,819$74,458,001$47,897,195$239,507,415
69$348,701,549$78,024,090$49,419,398$262,330,720
70$384,184,160$81,762,323$50,990,001$287,413,631
71$423,283,321$85,681,054$52,610,543$314,983,604
72$466,367,837$89,789,042$54,282,613$345,291,160
73$513,844,126$94,095,475$56,007,850$378,612,227
74$566,160,060$98,609,986$57,787,946$415,250,730
75$623,809,190$103,342,680$59,624,646$455,541,433
76$687,335,406$108,304,150$61,519,751$499,853,082
77$757,338,074$113,505,509$63,475,118$548,591,863
78$834,477,689$118,958,411$65,492,666$602,205,211
79$919,482,115$124,675,075$67,574,373$661,186,009
80$1,013,153,455$130,668,318$69,722,279$726,077,217
81$1,116,375,623$136,951,582$71,938,491$797,476,969
82$1,230,122,689$143,538,961$74,225,182$876,044,190
83$1,355,468,073$150,445,240$76,584,596$962,504,790
84$1,493,594,682$157,685,922$79,019,045$1,057,658,480
85$1,645,806,074$165,277,266$81,530,917$1,162,386,296
86$1,813,538,767$173,236,326$84,122,677$1,277,658,874
87$1,998,375,800$181,580,984$86,796,865$1,404,545,586
88$2,202,061,676$190,329,998$89,556,105$1,544,224,589
89$2,426,518,836$199,503,036$92,403,103$1,697,993,914
90$2,673,865,802$209,120,730$95,340,652$1,867,283,679
91$2,946,437,183$219,204,715$98,371,633$2,053,669,541
92$3,246,805,713$229,777,683$101,499,020$2,258,887,532
93$3,577,806,538$240,863,433$104,725,880$2,484,850,399
94$3,942,563,988$252,486,923$108,055,379$2,733,665,611
95$4,344,521,064$264,674,332$111,490,784$3,007,655,201
96$4,787,471,952$277,453,114$115,035,465$3,309,377,638
97$5,275,597,837$290,852,062$118,692,899$3,641,651,920
98$5,813,506,381$304,901,378$122,466,675$4,007,584,127
99$6,406,275,219$319,632,732$126,360,496$4,410,596,686
100$7,059,499,901$335,079,346$130,378,183$4,854,460,609