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

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 $19,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$1,602,034$1,587,764$1,573,841$1,560,252$1,546,983$1,491,502
2 years$793,086$778,316$764,001$750,121$736,659$681,362
3 years$523,472$508,638$494,359$480,610$467,367$413,993
4 years$388,691$373,903$359,767$346,252$333,330$282,287
5 years$307,844$293,144$279,194$265,955$253,392$204,814
6 years$253,964$239,374$225,630$212,686$200,500$154,422
7 years$215,493$201,026$187,500$174,861$163,061$119,472
8 years$186,653$172,317$159,015$146,687$135,274$94,139
9 years$164,233$150,033$136,959$124,945$113,921$75,184
10 years$146,308$132,246$119,404$107,703$97,066$60,661
11 years$131,652$117,731$105,121$93,734$83,480$49,331
12 years$119,447$105,669$93,293$82,218$72,342$40,367
13 years$109,128$95,494$83,351$72,586$63,084$33,195
14 years$100,290$86,801$74,891$64,434$55,299$27,405
15 years$92,638$79,295$67,617$57,463$48,689$22,698
16 years$85,949$72,751$61,304$51,452$43,032$18,849
17 years$80,053$67,001$55,784$46,229$38,155$15,686
18 years$74,818$61,912$50,924$41,662$33,926$13,077
19 years$70,140$57,380$46,619$37,645$30,239$10,918
20 years$65,934$53,320$42,784$34,095$27,010$9,126
21 years$62,135$49,665$39,353$30,943$24,171$7,636
22 years$58,685$46,361$36,270$28,135$21,666$6,395
23 years$55,539$43,360$33,489$25,623$19,448$5,359
24 years$52,661$40,626$30,972$23,369$17,481$4,494
25 years$50,016$38,125$28,686$21,342$15,730$3,770
26 years$47,579$35,832$26,605$19,514$14,169$3,164
27 years$45,326$33,722$24,705$17,862$12,774$2,656
28 years$43,238$31,776$22,966$16,365$11,527$2,231
29 years$41,298$29,977$21,372$15,007$10,408$1,874
30 years$39,490$28,310$19,907$13,773$9,404$1,574
31 years$37,802$26,762$18,559$12,649$8,503$1,323
32 years$36,223$25,323$17,316$11,625$7,691$1,112
33 years$34,743$23,981$16,168$10,690$6,961$934
34 years$33,352$22,728$15,106$9,836$6,302$785
35 years$32,044$21,558$14,123$9,055$5,708$660
36 years$30,812$20,461$13,212$8,339$5,172$555
37 years$29,648$19,434$12,366$7,683$4,687$467
38 years$28,549$18,469$11,581$7,082$4,249$392
39 years$27,509$17,562$10,850$6,530$3,854$330
40 years$26,523$16,709$10,169$6,023$3,495$277
41 years$25,587$15,905$9,536$5,557$3,171$233
42 years$24,699$15,148$8,945$5,128$2,877$196
43 years$23,854$14,433$8,393$4,734$2,611$165
44 years$23,050$13,757$7,879$4,371$2,370$139
45 years$22,284$13,119$7,398$4,037$2,152$117
46 years$21,553$12,515$6,948$3,729$1,954$98
47 years$20,855$11,943$6,528$3,445$1,774$83
48 years$20,189$11,401$6,134$3,183$1,611$69
49 years$19,551$10,887$5,766$2,942$1,463$58
50 years$18,941$10,400$5,421$2,719$1,329$49

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 $2,115 every year, while hoping to spend $22,519 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: 54/18/28 Blend
39$19,400,000$19,400,000$19,400,000$19,400,000
40$21,380,982$20,352,782$20,052,082$22,368,918
41$23,537,882$21,326,108$20,699,866$24,025,601
42$25,914,031$22,346,372$21,368,597$25,825,819
43$28,531,769$23,415,851$22,058,952$27,785,354
44$31,415,713$24,536,932$22,771,630$29,919,507
45$34,592,991$25,712,117$23,507,355$32,245,105
46$38,093,497$26,944,031$24,266,873$34,780,648
47$41,950,173$28,235,428$25,050,952$37,546,482
48$46,199,321$29,589,195$25,860,390$40,564,985
49$50,880,945$31,008,358$26,696,005$43,860,771
50$56,039,126$32,496,093$27,558,647$47,460,918
51$61,722,445$34,055,729$28,449,189$51,395,216
52$67,984,433$35,690,759$29,368,536$55,696,442
53$74,884,082$37,404,843$30,317,619$60,400,662
54$82,486,400$39,201,822$31,297,401$65,547,564
55$90,863,025$41,085,723$32,308,876$71,180,828
56$100,092,901$43,060,771$33,353,071$77,348,526
57$110,263,022$45,131,394$34,431,044$84,103,569
58$121,469,256$47,302,238$35,543,890$91,504,199
59$133,817,248$49,578,175$36,692,737$99,614,531
60$147,423,415$51,964,314$37,878,752$108,505,146
61$162,416,051$54,466,013$39,103,137$118,253,747
62$178,936,532$57,088,891$40,367,137$128,945,886
63$197,140,655$59,838,843$41,672,032$140,675,758
64$217,200,105$62,722,050$43,019,148$153,547,080
65$239,304,078$65,744,993$44,409,853$167,674,060
66$263,661,069$68,914,472$45,845,557$183,182,459
67$290,500,833$72,237,617$47,327,719$200,210,770
68$320,076,563$75,721,905$48,857,842$218,911,510
69$352,667,274$79,375,180$50,437,481$239,452,645
70$388,580,439$83,205,666$52,068,240$262,019,165
71$428,154,891$87,221,992$53,751,773$286,814,809
72$471,764,023$91,433,203$55,489,791$314,063,980
73$519,819,313$95,848,790$57,284,059$344,013,843
74$572,774,207$100,478,704$59,136,399$376,936,641
75$631,128,399$105,333,384$61,048,691$413,132,248
76$695,432,553$110,423,776$63,022,879$452,930,981
77$766,293,495$115,761,363$65,060,968$496,696,699
78$844,379,949$121,358,187$67,165,027$544,830,220
79$930,428,843$127,226,878$69,337,195$597,773,078
80$1,025,252,272$133,380,681$71,579,678$656,011,675
81$1,129,745,160$139,833,491$73,894,754$720,081,844
82$1,244,893,714$146,599,880$76,284,775$790,573,891
83$1,371,784,728$153,695,129$78,752,171$868,138,133
84$1,511,615,849$161,135,270$81,299,447$953,491,018
85$1,665,706,881$168,937,113$83,929,194$1,047,421,859
86$1,835,512,243$177,118,292$86,644,082$1,150,800,255
87$2,022,634,705$185,697,302$89,446,873$1,264,584,273
88$2,228,840,515$194,693,540$92,340,413$1,389,829,459
89$2,456,076,076$204,127,351$95,327,645$1,527,698,772
90$2,706,486,319$214,020,074$98,411,604$1,679,473,525
91$2,982,434,957$224,394,092$101,595,426$1,846,565,449
92$3,286,526,798$235,272,877$104,882,348$2,030,529,985
93$3,621,632,336$246,681,053$108,275,712$2,233,080,920
94$3,990,914,853$258,644,443$111,778,967$2,456,106,537
95$4,397,860,281$271,190,134$115,395,675$2,701,687,389
96$4,846,310,114$284,346,535$119,129,515$2,972,115,901
97$5,340,497,675$298,143,445$122,984,283$3,269,917,965
98$5,885,088,081$312,612,117$126,963,899$3,597,876,734
99$6,485,222,287$327,785,332$131,072,412$3,959,058,849
100$7,146,565,622$343,697,475$135,313,999$4,356,843,336