Can I retire at age 40 with 19,400,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $19,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$1,602,034$1,587,764$1,573,841$1,560,252$1,546,983$1,513,892
2 years$793,086$778,316$764,001$750,121$736,659$703,482
3 years$523,472$508,638$494,359$480,610$467,367$435,139
4 years$388,691$373,903$359,767$346,252$333,330$302,299
5 years$307,844$293,144$279,194$265,955$253,392$223,646
6 years$253,964$239,374$225,630$212,686$200,500$172,072
7 years$215,493$201,026$187,500$174,861$163,061$135,954
8 years$186,653$172,317$159,015$146,687$135,274$109,481
9 years$164,233$150,033$136,959$124,945$113,921$89,422
10 years$146,308$132,246$119,404$107,703$97,066$73,837
11 years$131,652$117,731$105,121$93,734$83,480$61,491
12 years$119,447$105,669$93,293$82,218$72,342$51,560
13 years$109,128$95,494$83,351$72,586$63,084$43,472
14 years$100,290$86,801$74,891$64,434$55,299$36,818
15 years$92,638$79,295$67,617$57,463$48,689$31,299
16 years$85,949$72,751$61,304$51,452$43,032$26,691
17 years$80,053$67,001$55,784$46,229$38,155$22,820
18 years$74,818$61,912$50,924$41,662$33,926$19,553
19 years$70,140$57,380$46,619$37,645$30,239$16,785
20 years$65,934$53,320$42,784$34,095$27,010$14,431
21 years$62,135$49,665$39,353$30,943$24,171$12,424
22 years$58,685$46,361$36,270$28,135$21,666$10,709
23 years$55,539$43,360$33,489$25,623$19,448$9,239
24 years$52,661$40,626$30,972$23,369$17,481$7,978
25 years$50,016$38,125$28,686$21,342$15,730$6,894
26 years$47,579$35,832$26,605$19,514$14,169$5,960
27 years$45,326$33,722$24,705$17,862$12,774$5,156
28 years$43,238$31,776$22,966$16,365$11,527$4,463
29 years$41,298$29,977$21,372$15,007$10,408$3,864
30 years$39,490$28,310$19,907$13,773$9,404$3,347
31 years$37,802$26,762$18,559$12,649$8,503$2,900
32 years$36,223$25,323$17,316$11,625$7,691$2,513
33 years$34,743$23,981$16,168$10,690$6,961$2,178
34 years$33,352$22,728$15,106$9,836$6,302$1,888
35 years$32,044$21,558$14,123$9,055$5,708$1,638
36 years$30,812$20,461$13,212$8,339$5,172$1,420
37 years$29,648$19,434$12,366$7,683$4,687$1,232
38 years$28,549$18,469$11,581$7,082$4,249$1,068
39 years$27,509$17,562$10,850$6,530$3,854$927
40 years$26,523$16,709$10,169$6,023$3,495$804
41 years$25,587$15,905$9,536$5,557$3,171$698
42 years$24,699$15,148$8,945$5,128$2,877$605
43 years$23,854$14,433$8,393$4,734$2,611$525
44 years$23,050$13,757$7,879$4,371$2,370$456
45 years$22,284$13,119$7,398$4,037$2,152$396
46 years$21,553$12,515$6,948$3,729$1,954$343
47 years$20,855$11,943$6,528$3,445$1,774$298
48 years$20,189$11,401$6,134$3,183$1,611$259
49 years$19,551$10,887$5,766$2,942$1,463$224
50 years$18,941$10,400$5,421$2,719$1,329$195

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $19,400,000, adding $2,695 every year, while hoping to spend $30,524 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: 50/41/9 Blend
39$19,400,000$19,400,000$19,400,000$19,400,000
40$21,381,580$20,353,380$20,052,680$22,400,030
41$23,530,024$21,318,218$20,691,967$24,060,866
42$25,896,586$22,329,311$21,351,648$25,861,138
43$28,503,482$23,388,891$22,032,373$27,816,649
44$31,375,193$24,499,303$22,734,813$29,941,957
45$34,538,696$25,663,002$23,459,662$32,253,047
46$38,023,718$26,882,564$24,207,636$34,767,474
47$41,863,017$28,160,690$24,979,472$37,504,518
48$46,092,693$29,500,212$25,775,932$40,485,359
49$50,752,525$30,904,099$26,597,803$43,733,264
50$55,886,348$32,375,466$27,445,895$47,273,803
51$61,542,469$33,917,577$28,321,046$51,135,075
52$67,774,119$35,533,856$29,224,120$55,347,963
53$74,639,959$37,227,895$30,156,007$59,946,416
54$82,204,630$39,003,457$31,117,628$64,967,756
55$90,539,366$40,864,490$32,109,933$70,453,020
56$99,722,666$42,815,135$33,133,901$76,447,333
57$109,841,034$44,859,732$34,190,542$83,000,318
58$120,989,795$47,002,835$35,280,901$90,166,557
59$133,273,996$49,249,216$36,406,053$98,006,082
60$146,809,398$51,603,881$37,567,110$106,584,935
61$161,723,567$54,072,082$38,765,218$115,975,769
62$178,157,078$56,659,322$40,001,561$126,258,519
63$196,264,846$59,371,374$41,277,359$137,521,139
64$216,217,582$62,214,293$42,593,872$149,860,413
65$238,203,409$65,194,427$43,952,400$163,382,848
66$262,429,637$68,318,434$45,354,286$178,205,660
67$289,124,718$71,593,296$46,800,913$194,457,858
68$318,540,407$75,026,335$48,293,711$212,281,441
69$350,954,133$78,625,230$49,834,155$231,832,712
70$386,671,620$82,398,032$51,423,765$253,283,730
71$426,029,777$86,353,187$53,064,112$276,823,910
72$469,399,871$90,499,550$54,756,818$302,661,781
73$517,191,040$94,846,410$56,503,552$331,026,926
74$569,854,148$99,403,506$58,306,043$362,172,123
75$627,886,045$104,181,052$60,166,070$396,375,695
76$691,834,260$109,189,762$62,085,472$433,944,108
77$762,302,164$114,440,869$64,066,144$475,214,828
78$839,954,669$119,946,156$66,110,044$520,559,473
79$925,524,507$125,717,979$68,219,192$570,387,278
80$1,019,819,143$131,769,297$70,395,672$625,148,926
81$1,123,728,404$138,113,701$72,641,635$685,340,755
82$1,238,232,872$144,765,443$74,959,301$751,509,404
83$1,364,413,147$151,739,472$77,350,959$824,256,927
84$1,503,460,046$159,051,464$79,818,975$904,246,424
85$1,656,685,847$166,717,862$82,365,787$992,208,261
86$1,825,536,676$174,755,910$84,993,913$1,088,946,904
87$2,011,606,158$183,183,691$87,705,951$1,195,348,459
88$2,216,650,467$192,020,172$90,504,581$1,312,388,986
89$2,442,604,901$201,285,247$93,392,570$1,441,143,647
90$2,691,602,153$210,999,777$96,372,774$1,582,796,795
91$2,965,992,450$221,185,642$99,448,139$1,738,653,088
92$3,268,365,733$231,865,792$102,621,705$1,910,149,740
93$3,601,576,115$243,064,294$105,896,610$2,098,870,008
94$3,968,768,825$254,806,390$109,276,092$2,306,558,072
95$4,373,409,897$267,118,555$112,763,493$2,535,135,415
96$4,819,318,898$280,028,556$116,362,262$2,786,718,881
97$5,310,704,985$293,565,515$120,075,957$3,063,640,572
98$5,852,206,643$307,759,974$123,908,251$3,368,469,772
99$6,448,935,477$322,643,970$127,862,934$3,704,037,106
100$7,106,524,470$338,251,099$131,943,917$4,073,461,162