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%16.3%
1 years$1,602,034$1,587,764$1,573,841$1,560,252$1,546,983$1,507,139
2 years$793,086$778,316$764,001$750,121$736,659$696,782
3 years$523,472$508,638$494,359$480,610$467,367$428,704
4 years$388,691$373,903$359,767$346,252$333,330$296,179
5 years$307,844$293,144$279,194$265,955$253,392$217,856
6 years$253,964$239,374$225,630$212,686$200,500$166,614
7 years$215,493$201,026$187,500$174,861$163,061$130,826
8 years$186,653$172,317$159,015$146,687$135,274$104,678
9 years$164,233$150,033$136,959$124,945$113,921$84,934
10 years$146,308$132,246$119,404$107,703$97,066$69,655
11 years$131,652$117,731$105,121$93,734$83,480$57,603
12 years$119,447$105,669$93,293$82,218$72,342$47,954
13 years$109,128$95,494$83,351$72,586$63,084$40,135
14 years$100,290$86,801$74,891$64,434$55,299$33,737
15 years$92,638$79,295$67,617$57,463$48,689$28,461
16 years$85,949$72,751$61,304$51,452$43,032$24,081
17 years$80,053$67,001$55,784$46,229$38,155$20,425
18 years$74,818$61,912$50,924$41,662$33,926$17,360
19 years$70,140$57,380$46,619$37,645$30,239$14,781
20 years$65,934$53,320$42,784$34,095$27,010$12,603
21 years$62,135$49,665$39,353$30,943$24,171$10,759
22 years$58,685$46,361$36,270$28,135$21,666$9,195
23 years$55,539$43,360$33,489$25,623$19,448$7,865
24 years$52,661$40,626$30,972$23,369$17,481$6,732
25 years$50,016$38,125$28,686$21,342$15,730$5,767
26 years$47,579$35,832$26,605$19,514$14,169$4,942
27 years$45,326$33,722$24,705$17,862$12,774$4,238
28 years$43,238$31,776$22,966$16,365$11,527$3,635
29 years$41,298$29,977$21,372$15,007$10,408$3,119
30 years$39,490$28,310$19,907$13,773$9,404$2,677
31 years$37,802$26,762$18,559$12,649$8,503$2,298
32 years$36,223$25,323$17,316$11,625$7,691$1,974
33 years$34,743$23,981$16,168$10,690$6,961$1,695
34 years$33,352$22,728$15,106$9,836$6,302$1,456
35 years$32,044$21,558$14,123$9,055$5,708$1,251
36 years$30,812$20,461$13,212$8,339$5,172$1,075
37 years$29,648$19,434$12,366$7,683$4,687$924
38 years$28,549$18,469$11,581$7,082$4,249$794
39 years$27,509$17,562$10,850$6,530$3,854$682
40 years$26,523$16,709$10,169$6,023$3,495$586
41 years$25,587$15,905$9,536$5,557$3,171$504
42 years$24,699$15,148$8,945$5,128$2,877$433
43 years$23,854$14,433$8,393$4,734$2,611$372
44 years$23,050$13,757$7,879$4,371$2,370$320
45 years$22,284$13,119$7,398$4,037$2,152$275
46 years$21,553$12,515$6,948$3,729$1,954$237
47 years$20,855$11,943$6,528$3,445$1,774$203
48 years$20,189$11,401$6,134$3,183$1,611$175
49 years$19,551$10,887$5,766$2,942$1,463$150
50 years$18,941$10,400$5,421$2,719$1,329$129

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 $4,175 every year, while hoping to spend $52,960 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: 50/34/16 Blend
39$19,400,000$19,400,000$19,400,000$19,400,000
40$21,383,107$20,354,907$20,054,207$22,357,722
41$23,507,834$21,295,948$20,669,673$23,970,281
42$25,847,509$22,281,325$21,303,983$25,715,906
43$28,424,000$23,313,155$21,957,712$27,611,799
44$31,261,405$24,393,656$22,631,452$29,672,128
45$34,386,277$25,525,154$23,325,814$31,912,455
46$37,827,876$26,710,086$24,041,428$34,349,874
47$41,618,446$27,951,006$24,778,942$37,003,171
48$45,793,515$29,250,594$25,539,024$39,892,989
49$50,392,237$30,611,655$26,322,365$43,042,015
50$55,457,753$32,037,135$27,129,672$46,475,188
51$61,037,605$33,530,116$27,961,677$50,219,925
52$67,184,182$35,093,832$28,819,135$54,306,370
53$73,955,213$36,731,675$29,702,820$58,767,670
54$81,414,314$38,447,196$30,613,534$63,640,276
55$89,631,586$40,244,121$31,552,100$68,964,279
56$98,684,281$42,126,356$32,519,368$74,783,779
57$108,657,524$44,097,994$33,516,213$81,147,285
58$119,645,122$46,163,326$34,543,537$88,108,164
59$131,750,448$48,326,852$35,602,269$95,725,134
60$145,087,415$50,593,290$36,693,366$104,062,801
61$159,781,553$52,967,583$37,817,816$113,192,259
62$175,971,193$55,454,915$38,976,634$123,191,746
63$193,808,771$58,060,723$40,170,868$134,147,366
64$213,462,271$60,790,704$41,401,597$146,153,889
65$235,116,805$63,650,831$42,669,933$159,315,627
66$258,976,366$66,647,368$43,977,022$173,747,402
67$285,265,747$69,786,881$45,324,045$189,575,615
68$314,232,670$73,076,255$46,712,217$206,939,416
69$346,150,118$76,522,707$48,142,792$225,992,001
70$381,318,916$80,133,805$49,617,061$246,902,037
71$420,070,568$83,917,484$51,136,355$269,855,234
72$462,770,388$87,882,063$52,702,045$295,056,072
73$509,820,947$92,036,264$54,315,543$322,729,715
74$561,665,875$96,389,232$55,978,305$353,124,103
75$618,794,046$100,950,556$57,691,830$386,512,276
76$681,744,195$105,730,289$59,457,662$423,194,918
77$751,110,003$110,738,974$61,277,395$463,503,171
78$827,545,704$115,987,664$63,152,667$507,801,730
79$911,772,253$121,487,947$65,085,169$556,492,257
80$1,004,584,143$127,251,976$67,076,642$610,017,138
81$1,106,856,895$133,292,493$69,128,880$668,863,628
82$1,219,555,332$139,622,858$71,243,730$733,568,414
83$1,343,742,678$146,257,080$73,423,098$804,722,646
84$1,480,590,603$153,209,850$75,668,944$882,977,478
85$1,631,390,282$160,496,570$77,983,291$969,050,174
86$1,797,564,580$168,133,391$80,368,220$1,063,730,840
87$1,980,681,490$176,137,250$82,825,878$1,167,889,836
88$2,182,468,932$184,525,905$85,358,475$1,282,485,944
89$2,404,831,068$193,317,980$87,968,290$1,408,575,378
90$2,649,866,277$202,533,000$90,657,667$1,547,321,698
91$2,919,886,964$212,191,444$93,429,025$1,700,006,741
92$3,217,441,392$222,314,783$96,284,856$1,868,042,672
93$3,545,337,740$232,925,533$99,227,724$2,052,985,252
94$3,906,670,611$244,047,305$102,260,274$2,256,548,468
95$4,304,850,250$255,704,860$105,385,230$2,480,620,646
96$4,743,634,738$267,924,160$108,605,398$2,727,282,213
97$5,227,165,471$280,732,434$111,923,668$2,998,825,269
98$5,760,006,259$294,158,233$115,343,021$3,297,775,149
99$6,347,186,409$308,231,499$118,866,524$3,626,914,188
100$6,994,248,209$322,983,629$122,497,339$3,989,307,910