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%19.5%
1 years$1,602,034$1,587,764$1,573,841$1,560,252$1,546,983$1,487,956
2 years$793,086$778,316$764,001$750,121$736,659$677,884
3 years$523,472$508,638$494,359$480,610$467,367$410,694
4 years$388,691$373,903$359,767$346,252$333,330$279,192
5 years$307,844$293,144$279,194$265,955$253,392$201,927
6 years$253,964$239,374$225,630$212,686$200,500$151,744
7 years$215,493$201,026$187,500$174,861$163,061$116,998
8 years$186,653$172,317$159,015$146,687$135,274$91,862
9 years$164,233$150,033$136,959$124,945$113,921$73,096
10 years$146,308$132,246$119,404$107,703$97,066$58,753
11 years$131,652$117,731$105,121$93,734$83,480$47,593
12 years$119,447$105,669$93,293$82,218$72,342$38,788
13 years$109,128$95,494$83,351$72,586$63,084$31,766
14 years$100,290$86,801$74,891$64,434$55,299$26,116
15 years$92,638$79,295$67,617$57,463$48,689$21,538
16 years$85,949$72,751$61,304$51,452$43,032$17,808
17 years$80,053$67,001$55,784$46,229$38,155$14,754
18 years$74,818$61,912$50,924$41,662$33,926$12,245
19 years$70,140$57,380$46,619$37,645$30,239$10,177
20 years$65,934$53,320$42,784$34,095$27,010$8,468
21 years$62,135$49,665$39,353$30,943$24,171$7,052
22 years$58,685$46,361$36,270$28,135$21,666$5,878
23 years$55,539$43,360$33,489$25,623$19,448$4,903
24 years$52,661$40,626$30,972$23,369$17,481$4,091
25 years$50,016$38,125$28,686$21,342$15,730$3,416
26 years$47,579$35,832$26,605$19,514$14,169$2,853
27 years$45,326$33,722$24,705$17,862$12,774$2,384
28 years$43,238$31,776$22,966$16,365$11,527$1,992
29 years$41,298$29,977$21,372$15,007$10,408$1,665
30 years$39,490$28,310$19,907$13,773$9,404$1,392
31 years$37,802$26,762$18,559$12,649$8,503$1,164
32 years$36,223$25,323$17,316$11,625$7,691$973
33 years$34,743$23,981$16,168$10,690$6,961$814
34 years$33,352$22,728$15,106$9,836$6,302$681
35 years$32,044$21,558$14,123$9,055$5,708$570
36 years$30,812$20,461$13,212$8,339$5,172$477
37 years$29,648$19,434$12,366$7,683$4,687$399
38 years$28,549$18,469$11,581$7,082$4,249$334
39 years$27,509$17,562$10,850$6,530$3,854$279
40 years$26,523$16,709$10,169$6,023$3,495$233
41 years$25,587$15,905$9,536$5,557$3,171$195
42 years$24,699$15,148$8,945$5,128$2,877$163
43 years$23,854$14,433$8,393$4,734$2,611$137
44 years$23,050$13,757$7,879$4,371$2,370$114
45 years$22,284$13,119$7,398$4,037$2,152$96
46 years$21,553$12,515$6,948$3,729$1,954$80
47 years$20,855$11,943$6,528$3,445$1,774$67
48 years$20,189$11,401$6,134$3,183$1,611$56
49 years$19,551$10,887$5,766$2,942$1,463$47
50 years$18,941$10,400$5,421$2,719$1,329$39

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 $4,326 every year, while hoping to spend $35,938 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: 57/19/24 Blend
39$19,400,000$19,400,000$19,400,000$19,400,000
40$21,383,262$20,355,062$20,054,362$22,462,597
41$23,526,117$21,314,223$20,687,946$24,160,158
42$25,886,339$22,319,177$21,341,550$26,005,216
43$28,486,061$23,372,132$22,015,807$28,015,406
44$31,349,673$24,475,400$22,711,370$30,206,672
45$34,504,051$25,631,407$23,428,913$32,596,546
46$37,978,813$26,842,694$24,169,130$35,204,311
47$41,806,593$28,111,928$24,932,737$38,051,175
48$46,023,357$29,441,903$25,720,475$41,160,470
49$50,668,734$30,835,551$26,533,105$44,557,863
50$55,786,395$32,295,943$27,371,415$48,271,592
51$61,424,466$33,826,303$28,236,215$52,332,731
52$67,635,977$35,430,008$29,128,345$56,775,472
53$74,479,368$37,110,600$30,048,666$61,637,443
54$82,019,038$38,871,793$30,998,070$66,960,057
55$90,325,952$40,717,483$31,977,477$72,788,894
56$99,478,311$42,651,752$32,987,835$79,174,126
57$109,562,293$44,678,882$34,030,121$86,170,979
58$120,672,862$46,803,362$35,105,346$93,840,250
59$132,914,669$49,029,902$36,214,550$102,248,872
60$146,403,036$51,363,438$37,358,808$111,470,532
61$161,265,044$53,809,145$38,539,227$121,586,363
62$177,640,738$56,372,452$39,756,950$132,685,697
63$195,684,442$59,059,051$41,013,157$144,866,899
64$215,566,221$61,874,910$42,309,063$158,238,285
65$237,473,483$64,826,289$43,645,925$172,919,133
66$261,612,750$67,919,749$45,025,035$189,040,796
67$288,211,608$71,162,174$46,447,731$206,747,933
68$317,520,851$74,560,779$47,915,389$226,199,858
69$349,816,854$78,123,134$49,429,431$247,572,036
70$385,404,179$81,857,174$50,991,323$271,057,718
71$424,618,451$85,771,220$52,602,577$296,869,758
72$467,829,524$89,874,001$54,264,755$325,242,604
73$515,444,976$94,174,668$55,979,465$356,434,494
74$567,913,955$98,682,818$57,748,368$390,729,882
75$625,731,418$103,408,516$59,573,178$428,442,101
76$689,442,804$108,362,315$61,455,662$469,916,305
77$759,649,186$113,555,284$63,397,642$515,532,711
78$837,012,940$118,999,030$65,401,000$565,710,163
79$922,264,002$124,705,725$67,467,676$620,910,071
80$1,016,206,759$130,688,133$69,599,671$681,640,743
81$1,119,727,639$136,959,643$71,799,051$748,462,163
82$1,233,803,484$143,534,291$74,067,945$821,991,248
83$1,359,510,770$150,426,802$76,408,552$902,907,657
84$1,498,035,768$157,652,615$78,823,138$991,960,175
85$1,650,685,745$165,227,922$81,314,042$1,089,973,754
86$1,818,901,305$173,169,704$83,883,676$1,197,857,281
87$2,004,269,989$181,495,770$86,534,530$1,316,612,119
88$2,208,541,262$190,224,797$89,269,171$1,447,341,539
89$2,433,643,031$199,376,373$92,090,249$1,591,261,095
90$2,681,699,843$208,971,038$95,000,495$1,749,710,074
91$2,955,052,945$219,030,336$98,002,729$1,924,164,099
92$3,256,282,383$229,576,861$101,099,859$2,116,249,028
93$3,588,231,367$240,634,308$104,294,884$2,327,756,258
94$3,954,033,105$252,227,527$107,590,901$2,560,659,607
95$4,357,140,387$264,382,581$110,991,102$2,817,133,895
96$4,801,358,184$277,126,805$114,498,781$3,099,575,443
97$5,290,879,564$290,488,863$118,117,335$3,410,624,641
98$5,830,325,284$304,498,823$121,850,271$3,753,190,835
99$6,424,787,412$319,188,214$125,701,204$4,130,479,736
100$7,079,877,399$334,590,107$129,673,865$4,546,023,641