Can I retire at age 40 with 19,500,000?

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 $19,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$1,610,292$1,595,948$1,581,954$1,568,295$1,554,957$1,532,986
2 years$797,174$782,328$767,939$753,988$740,456$718,363
3 years$526,170$511,260$496,907$483,087$469,776$448,247
4 years$390,695$375,830$361,621$348,037$335,048$314,250
5 years$309,431$294,655$280,633$267,326$254,698$234,692
6 years$255,273$240,608$226,793$213,783$201,534$182,342
7 years$216,603$202,062$188,466$175,763$163,901$145,531
8 years$187,615$173,205$159,834$147,443$135,972$118,421
9 years$165,080$150,806$137,665$125,589$114,508$97,767
10 years$147,062$132,928$120,020$108,259$97,566$81,624
11 years$132,330$118,338$105,663$94,217$83,910$68,751
12 years$120,063$106,214$93,774$82,641$72,715$58,320
13 years$109,690$95,986$83,780$72,960$63,409$49,760
14 years$100,807$87,249$75,277$64,766$55,584$42,659
15 years$93,116$79,703$67,965$57,760$48,940$36,717
16 years$86,392$73,126$61,620$51,717$43,254$31,708
17 years$80,466$67,347$56,072$46,468$38,352$27,461
18 years$75,204$62,231$51,187$41,877$34,101$23,839
19 years$70,501$57,675$46,859$37,839$30,395$20,738
20 years$66,274$53,595$43,005$34,271$27,149$18,072
21 years$62,455$49,921$39,556$31,103$24,295$15,772
22 years$58,987$46,600$36,457$28,280$21,777$13,784
23 years$55,826$43,584$33,662$25,755$19,549$12,059
24 years$52,932$40,835$31,131$23,490$17,571$10,561
25 years$50,274$38,322$28,834$21,452$15,811$9,257
26 years$47,824$36,016$26,742$19,615$14,242$8,120
27 years$45,560$33,896$24,832$17,954$12,840$7,127
28 years$43,461$31,940$23,085$16,450$11,586$6,259
29 years$41,511$30,131$21,482$15,085$10,462$5,500
30 years$39,694$28,456$20,010$13,844$9,453$4,835
31 years$37,997$26,900$18,655$12,715$8,546$4,251
32 years$36,410$25,453$17,405$11,685$7,731$3,740
33 years$34,922$24,105$16,251$10,745$6,996$3,291
34 years$33,524$22,846$15,184$9,887$6,334$2,897
35 years$32,209$21,669$14,196$9,101$5,737$2,550
36 years$30,971$20,567$13,280$8,382$5,198$2,245
37 years$29,801$19,534$12,430$7,723$4,711$1,978
38 years$28,696$18,564$11,640$7,118$4,271$1,742
39 years$27,651$17,653$10,906$6,564$3,873$1,534
40 years$26,660$16,795$10,222$6,054$3,513$1,352
41 years$25,719$15,987$9,585$5,585$3,187$1,191
42 years$24,826$15,226$8,991$5,155$2,892$1,050
43 years$23,977$14,507$8,437$4,758$2,625$925
44 years$23,169$13,828$7,919$4,394$2,383$815
45 years$22,399$13,186$7,436$4,058$2,163$719
46 years$21,664$12,579$6,984$3,748$1,964$634
47 years$20,963$12,005$6,561$3,463$1,783$558
48 years$20,293$11,460$6,166$3,200$1,619$492
49 years$19,652$10,944$5,796$2,957$1,471$434
50 years$19,039$10,454$5,449$2,733$1,336$383

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $19,500,000, adding $2,480 every year, while hoping to spend $38,190 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: 59/33/8 Blend
39$19,500,000$19,500,000$19,500,000$19,500,000
40$21,491,558$20,458,058$20,155,808$22,721,627
41$23,643,063$21,419,869$20,790,394$24,509,324
42$26,012,742$22,427,529$21,444,958$26,453,084
43$28,622,807$23,483,244$22,120,130$28,571,480
44$31,497,738$24,589,327$22,816,559$30,881,284
45$34,664,506$25,748,203$23,534,912$33,400,926
46$38,152,836$26,962,415$24,275,882$36,150,670
47$41,995,481$28,234,629$25,040,180$39,152,793
48$46,228,534$29,567,639$25,828,540$42,431,791
49$50,891,768$30,964,377$26,641,719$46,014,601
50$56,029,011$32,427,915$27,480,500$49,930,847
51$61,688,561$33,961,474$28,345,688$54,213,112
52$67,923,640$35,568,431$29,238,114$58,897,240
53$74,792,896$37,252,330$30,158,636$64,022,660
54$82,360,960$39,016,882$31,108,138$69,632,750
55$90,699,050$40,865,982$32,087,533$75,775,240
56$99,885,650$42,803,712$33,097,763$82,502,650
57$110,007,245$44,834,352$34,139,796$89,872,771
58$121,159,140$46,962,392$35,214,635$97,949,208
59$133,446,360$49,192,536$36,323,313$106,801,958
60$146,984,640$51,529,721$37,466,895$116,508,068
61$161,901,516$53,979,121$38,646,479$127,152,342
62$178,337,534$56,546,161$39,863,200$138,828,131
63$196,447,571$59,236,531$41,118,225$151,638,200
64$216,402,299$62,056,197$42,412,762$165,695,681
65$238,389,798$65,011,415$43,748,053$181,125,129
66$262,617,326$68,108,744$45,125,382$198,063,677
67$289,313,284$71,355,062$46,546,073$216,662,315
68$318,729,362$74,757,584$48,011,490$237,087,299
69$351,142,923$78,323,872$49,523,041$259,521,698
70$386,859,618$82,061,857$51,082,179$284,167,108
71$426,216,268$85,979,858$52,690,401$311,245,526
72$469,584,052$90,086,595$54,349,254$341,001,431
73$517,372,002$94,391,215$56,060,330$373,704,067
74$570,030,869$98,903,308$57,825,275$409,649,959
75$628,057,379$103,632,932$59,645,783$449,165,690
76$691,998,919$108,590,633$61,523,604$492,610,957
77$762,458,707$113,787,471$63,460,542$540,381,936
78$840,101,483$119,235,045$65,458,459$592,915,000
79$925,659,790$124,945,519$67,519,273$650,690,802
80$1,019,940,885$130,931,646$69,644,965$714,238,782
81$1,123,834,362$137,206,802$71,837,578$784,142,138
82$1,238,320,547$143,785,016$74,099,217$861,043,289
83$1,364,479,759$150,680,998$76,432,057$945,649,907
84$1,503,502,501$157,910,173$78,838,337$1,038,741,560
85$1,656,700,706$165,488,722$81,320,371$1,141,177,034
86$1,825,520,117$173,433,609$83,880,544$1,253,902,391
87$2,011,553,941$181,762,627$86,521,314$1,377,959,866
88$2,216,557,884$190,494,437$89,245,219$1,514,497,654
89$2,442,466,731$199,648,607$92,054,876$1,664,780,704
90$2,691,412,608$209,245,659$94,952,985$1,830,202,610
91$2,965,745,114$219,307,117$97,942,330$2,012,298,715
92$3,268,053,501$229,855,551$101,025,784$2,212,760,551
93$3,601,191,119$240,914,633$104,206,308$2,433,451,747
94$3,968,302,353$252,509,190$107,486,959$2,676,425,569
95$4,372,852,309$264,665,257$110,870,888$2,943,944,232
96$4,818,659,529$277,410,139$114,361,348$3,238,500,197
97$5,309,932,039$290,772,473$117,961,690$3,562,839,630
98$5,851,307,075$304,782,293$121,675,376$3,919,988,252
99$6,447,894,868$319,471,096$125,505,971$4,313,279,832
100$7,105,326,881$334,871,916$129,457,158$4,746,387,576