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%19.5%
1 years$1,593,776$1,579,579$1,565,729$1,552,210$1,539,009$1,480,286
2 years$788,998$774,304$760,063$746,255$732,861$674,390
3 years$520,774$506,016$491,811$478,133$464,957$408,577
4 years$386,688$371,975$357,912$344,468$331,612$277,752
5 years$306,257$291,633$277,755$264,584$252,086$200,886
6 years$252,655$238,140$224,467$211,590$199,467$150,962
7 years$214,382$199,990$186,533$173,960$162,220$116,395
8 years$185,691$171,428$158,195$145,931$134,577$91,388
9 years$163,387$149,259$136,253$124,301$113,333$72,719
10 years$145,554$131,565$118,789$107,148$96,566$58,450
11 years$130,973$117,124$104,580$93,251$83,050$47,347
12 years$118,831$105,124$92,812$81,794$71,969$38,588
13 years$108,565$95,002$82,921$72,212$62,759$31,602
14 years$99,774$86,354$74,505$64,101$55,014$25,981
15 years$92,161$78,886$67,268$57,167$48,438$21,427
16 years$85,506$72,376$60,988$51,187$42,810$17,716
17 years$79,641$66,656$55,497$45,991$37,958$14,678
18 years$74,433$61,593$50,662$41,447$33,751$12,182
19 years$69,778$57,084$46,378$37,451$30,083$10,124
20 years$65,595$53,045$42,564$33,919$26,871$8,424
21 years$61,814$49,409$39,150$30,784$24,046$7,016
22 years$58,382$46,122$36,083$27,990$21,554$5,848
23 years$55,253$43,137$33,316$25,491$19,348$4,877
24 years$52,389$40,416$30,812$23,249$17,390$4,070
25 years$49,758$37,929$28,538$21,232$15,649$3,398
26 years$47,334$35,647$26,468$19,414$14,096$2,838
27 years$45,093$33,548$24,578$17,770$12,709$2,371
28 years$43,015$31,612$22,848$16,281$11,467$1,982
29 years$41,085$29,822$21,262$14,930$10,355$1,657
30 years$39,286$28,164$19,805$13,702$9,356$1,385
31 years$37,607$26,624$18,463$12,584$8,459$1,158
32 years$36,036$25,192$17,227$11,565$7,652$968
33 years$34,563$23,857$16,085$10,635$6,925$810
34 years$33,180$22,611$15,029$9,785$6,269$677
35 years$31,879$21,446$14,051$9,008$5,678$567
36 years$30,653$20,356$13,144$8,296$5,145$474
37 years$29,496$19,333$12,303$7,644$4,663$397
38 years$28,402$18,374$11,521$7,045$4,228$332
39 years$27,367$17,471$10,794$6,496$3,834$278
40 years$26,386$16,623$10,117$5,992$3,477$232
41 years$25,456$15,823$9,487$5,528$3,155$194
42 years$24,572$15,070$8,899$5,102$2,863$163
43 years$23,731$14,358$8,350$4,710$2,598$136
44 years$22,931$13,686$7,838$4,349$2,358$114
45 years$22,169$13,051$7,360$4,016$2,141$95
46 years$21,442$12,450$6,912$3,710$1,944$80
47 years$20,748$11,881$6,494$3,427$1,765$67
48 years$20,085$11,342$6,103$3,167$1,603$56
49 years$19,450$10,831$5,736$2,927$1,456$47
50 years$18,844$10,347$5,393$2,705$1,322$39

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 $5,093 every year, while hoping to spend $50,970 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: 78/11/11 Blend
39$19,300,000$19,300,000$19,300,000$19,300,000
40$21,273,853$20,250,953$19,951,803$22,890,666
41$23,389,555$21,189,018$20,565,957$24,892,574
42$25,719,349$22,171,340$21,198,977$27,080,639
43$28,285,021$23,200,034$21,851,440$29,479,020
44$31,110,573$24,277,316$22,523,944$32,108,674
45$34,222,457$25,405,510$23,217,101$34,992,675
46$37,649,819$26,587,051$23,931,546$38,156,430
47$41,424,778$27,824,493$24,667,929$41,627,914
48$45,582,724$29,120,513$25,426,924$45,437,934
49$50,162,658$30,477,914$26,209,222$49,620,417
50$55,207,556$31,899,639$27,015,538$54,212,723
51$60,764,776$33,388,770$27,846,608$59,255,997
52$66,886,502$34,948,539$28,703,188$64,795,557
53$73,630,242$36,582,334$29,586,062$70,881,312
54$81,059,365$38,293,706$30,496,033$77,568,234
55$89,243,701$40,086,379$31,433,931$84,916,870
56$98,260,203$41,964,256$32,400,612$92,993,913
57$108,193,668$43,931,429$33,396,956$101,872,825
58$119,137,540$45,992,187$34,423,872$111,634,524
59$131,194,793$48,151,028$35,482,296$122,368,148
60$144,478,900$50,412,666$36,573,191$134,171,889
61$159,114,907$52,782,046$37,697,552$147,153,914
62$175,240,609$55,264,348$38,856,402$161,433,381
63$193,007,857$57,865,007$40,050,798$177,141,562
64$212,583,985$60,589,719$41,281,825$194,423,072
65$234,153,391$63,444,455$42,550,606$213,437,229
66$257,919,281$66,435,477$43,858,295$234,359,554
67$284,105,582$69,569,350$45,206,083$257,383,421
68$312,959,060$72,852,956$46,595,195$282,721,872
69$344,751,645$76,293,512$48,026,895$310,609,625
70$379,783,004$79,898,585$49,502,487$341,305,282
71$418,383,361$83,676,107$51,023,312$375,093,761
72$460,916,624$87,634,396$52,590,752$412,288,978
73$507,783,811$91,782,173$54,206,234$453,236,802
74$559,426,843$96,128,583$55,871,226$498,318,312
75$616,332,711$100,683,213$57,587,242$547,953,384
76$679,038,073$105,456,116$59,355,840$602,604,648
77$748,134,324$110,457,833$61,178,628$662,781,842
78$824,273,175$115,699,417$63,057,262$729,046,614
79$908,172,807$121,192,457$64,993,449$802,017,816
80$1,000,624,650$126,949,104$66,988,947$882,377,332
81$1,102,500,856$132,982,101$69,045,567$970,876,505
82$1,214,762,527$139,304,809$71,165,178$1,068,343,216
83$1,338,468,797$145,931,236$73,349,703$1,175,689,689
84$1,474,786,821$152,876,074$75,601,126$1,293,921,085
85$1,625,002,802$160,154,726$77,921,488$1,424,144,982
86$1,790,534,126$167,783,346$80,312,896$1,567,581,813
87$1,972,942,747$175,778,871$82,777,519$1,725,576,373
88$2,173,949,934$184,159,062$85,317,592$1,899,610,499
89$2,395,452,515$192,942,543$87,935,419$2,091,317,042
90$2,639,540,789$202,148,846$90,633,373$2,302,495,262
91$2,908,518,259$211,798,448$93,413,900$2,535,127,800
92$3,204,923,376$221,912,828$96,279,521$2,791,399,373
93$3,531,553,508$232,514,503$99,232,832$3,073,717,380
94$3,891,491,343$243,627,092$102,276,510$3,384,734,607
95$4,288,133,998$255,275,357$105,413,311$3,727,374,252
96$4,725,225,086$267,485,269$108,646,077$4,104,857,494
97$5,206,890,059$280,284,062$111,977,735$4,520,733,885
98$5,737,675,159$293,700,294$115,411,302$4,978,914,828
99$6,322,590,331$307,763,915$118,949,887$5,483,710,486
100$6,967,156,528$322,506,330$122,596,691$6,039,870,436