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

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 $19,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$1,610,292$1,595,948$1,581,954$1,568,295$1,554,957$1,503,978
2 years$797,174$782,328$767,939$753,988$740,456$689,582
3 years$526,170$511,260$496,907$483,087$469,776$420,604
4 years$390,695$375,830$361,621$348,037$335,048$287,954
5 years$309,431$294,655$280,633$267,326$254,698$209,809
6 years$255,273$240,608$226,793$213,783$201,534$158,886
7 years$216,603$202,062$188,466$175,763$163,901$123,488
8 years$187,615$173,205$159,834$147,443$135,972$97,766
9 years$165,080$150,806$137,665$125,589$114,508$78,463
10 years$147,062$132,928$120,020$108,259$97,566$63,627
11 years$132,330$118,338$105,663$94,217$83,910$52,013
12 years$120,063$106,214$93,774$82,641$72,715$42,788
13 years$109,690$95,986$83,780$72,960$63,409$35,378
14 years$100,807$87,249$75,277$64,766$55,584$29,371
15 years$93,116$79,703$67,965$57,760$48,940$24,465
16 years$86,392$73,126$61,620$51,717$43,254$20,434
17 years$80,466$67,347$56,072$46,468$38,352$17,106
18 years$75,204$62,231$51,187$41,877$34,101$14,346
19 years$70,501$57,675$46,859$37,839$30,395$12,050
20 years$66,274$53,595$43,005$34,271$27,149$10,134
21 years$62,455$49,921$39,556$31,103$24,295$8,532
22 years$58,987$46,600$36,457$28,280$21,777$7,190
23 years$55,826$43,584$33,662$25,755$19,549$6,064
24 years$52,932$40,835$31,131$23,490$17,571$5,117
25 years$50,274$38,322$28,834$21,452$15,811$4,320
26 years$47,824$36,016$26,742$19,615$14,242$3,649
27 years$45,560$33,896$24,832$17,954$12,840$3,084
28 years$43,461$31,940$23,085$16,450$11,586$2,607
29 years$41,511$30,131$21,482$15,085$10,462$2,204
30 years$39,694$28,456$20,010$13,844$9,453$1,864
31 years$37,997$26,900$18,655$12,715$8,546$1,576
32 years$36,410$25,453$17,405$11,685$7,731$1,334
33 years$34,922$24,105$16,251$10,745$6,996$1,128
34 years$33,524$22,846$15,184$9,887$6,334$955
35 years$32,209$21,669$14,196$9,101$5,737$808
36 years$30,971$20,567$13,280$8,382$5,198$684
37 years$29,801$19,534$12,430$7,723$4,711$579
38 years$28,696$18,564$11,640$7,118$4,271$490
39 years$27,651$17,653$10,906$6,564$3,873$415
40 years$26,660$16,795$10,222$6,054$3,513$351
41 years$25,719$15,987$9,585$5,585$3,187$297
42 years$24,826$15,226$8,991$5,155$2,892$252
43 years$23,977$14,507$8,437$4,758$2,625$213
44 years$23,169$13,828$7,919$4,394$2,383$180
45 years$22,399$13,186$7,436$4,058$2,163$153
46 years$21,664$12,579$6,984$3,748$1,964$129
47 years$20,963$12,005$6,561$3,463$1,783$109
48 years$20,293$11,460$6,166$3,200$1,619$93
49 years$19,652$10,944$5,796$2,957$1,471$78
50 years$19,039$10,454$5,449$2,733$1,336$66

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 $2,507 every year, while hoping to spend $36,201 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: 33/46/21 Blend
39$19,500,000$19,500,000$19,500,000$19,500,000
40$21,491,586$20,458,086$20,155,836$22,061,833
41$23,645,210$21,422,015$20,792,539$23,450,940
42$26,017,291$22,431,962$21,449,358$24,943,541
43$28,630,072$23,490,146$22,126,929$26,551,457
44$31,508,066$24,598,890$22,825,908$28,284,866
45$34,678,284$25,760,631$23,546,971$30,154,914
46$38,170,490$26,977,923$24,290,816$32,173,809
47$42,017,485$28,253,446$25,058,163$34,354,928
48$46,255,411$29,590,008$25,849,755$36,712,933
49$50,924,099$30,990,554$26,666,357$39,263,894
50$56,067,438$32,458,172$27,508,761$42,025,434
51$61,733,793$33,996,099$28,377,781$45,016,882
52$67,976,463$35,607,730$29,274,259$48,259,439
53$74,854,177$37,296,625$30,199,062$51,776,371
54$82,431,659$39,066,515$31,153,086$55,593,208
55$90,780,228$40,921,313$32,137,254$59,737,977
56$99,978,477$42,865,124$33,152,519$64,241,446
57$110,113,017$44,902,250$34,199,863$69,137,399
58$121,279,286$47,037,202$35,280,300$74,462,943
59$133,582,459$49,274,711$36,394,876$80,258,835
60$147,138,436$51,619,737$37,544,670$86,569,850
61$162,074,935$54,077,483$38,730,795$93,445,186
62$178,532,700$56,653,402$39,954,399$100,938,909
63$196,666,831$59,353,214$41,216,666$109,110,437
64$216,648,242$62,182,916$42,518,819$118,025,087
65$238,665,282$65,148,798$43,862,118$127,754,659
66$262,925,505$68,257,453$45,247,864$138,378,100
67$289,657,637$71,515,799$46,677,398$149,982,214
68$319,113,729$74,931,086$48,152,103$162,662,463
69$351,571,538$78,510,918$49,673,408$176,523,837
70$387,337,153$82,263,271$51,242,785$191,681,813
71$426,747,879$86,196,507$52,861,754$208,263,423
72$470,175,422$90,319,396$54,531,882$226,408,412
73$518,029,401$94,641,132$56,254,786$246,270,532
74$570,761,212$99,171,360$58,032,134$268,018,953
75$628,868,292$103,920,193$59,865,647$291,839,825
76$692,898,811$108,898,236$61,757,100$317,938,000
77$763,456,851$114,116,610$63,708,323$346,538,922
78$841,208,105$119,586,979$65,721,208$377,890,716
79$926,886,165$125,321,574$67,797,701$412,266,484
80$1,021,299,444$131,333,222$69,939,814$449,966,840
81$1,125,338,810$137,635,373$72,149,621$491,322,699
82$1,239,985,997$144,242,134$74,429,262$536,698,349
83$1,366,322,870$151,168,300$76,780,943$586,494,839
84$1,505,541,640$158,429,384$79,206,942$641,153,709
85$1,658,956,120$166,041,657$81,709,608$701,161,103
86$1,828,014,129$174,022,183$84,291,364$767,052,292
87$2,014,311,156$182,388,855$86,954,710$839,416,672
88$2,219,605,426$191,160,441$89,702,226$918,903,254
89$2,445,834,499$200,356,623$92,536,570$1,006,226,727
90$2,695,133,562$209,998,042$95,460,489$1,102,174,126
91$2,969,855,584$220,106,344$98,476,814$1,207,612,195
92$3,272,593,531$230,704,232$101,588,464$1,323,495,481
93$3,606,204,848$241,815,516$104,798,455$1,450,875,265
94$3,973,838,432$253,465,167$108,109,893$1,590,909,400
95$4,378,964,365$265,679,372$111,525,987$1,744,873,148
96$4,825,406,666$278,485,597$115,050,044$1,914,171,124
97$5,317,379,402$291,912,648$118,685,476$2,100,350,457
98$5,859,526,466$305,990,733$122,435,805$2,305,115,286
99$6,456,965,424$320,751,537$126,304,663$2,530,342,743
100$7,115,335,824$336,228,289$130,295,796$2,778,100,554