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%14.4%
1 years$1,610,292$1,595,948$1,581,954$1,568,295$1,554,957$1,526,686
2 years$797,174$782,328$767,939$753,988$740,456$712,073
3 years$526,170$511,260$496,907$483,087$469,776$442,167
4 years$390,695$375,830$361,621$348,037$335,048$308,426
5 years$309,431$294,655$280,633$267,326$254,698$229,138
6 years$255,273$240,608$226,793$213,783$201,534$177,065
7 years$216,603$202,062$188,466$175,763$163,901$140,530
8 years$187,615$173,205$159,834$147,443$135,972$113,693
9 years$165,080$150,806$137,665$125,589$114,508$93,308
10 years$147,062$132,928$120,020$108,259$97,566$77,427
11 years$132,330$118,338$105,663$94,217$83,910$64,807
12 years$120,063$106,214$93,774$82,641$72,715$54,623
13 years$109,690$95,986$83,780$72,960$63,409$46,299
14 years$100,807$87,249$75,277$64,766$55,584$39,426
15 years$93,116$79,703$67,965$57,760$48,940$33,703
16 years$86,392$73,126$61,620$51,717$43,254$28,903
17 years$80,466$67,347$56,072$46,468$38,352$24,853
18 years$75,204$62,231$51,187$41,877$34,101$21,420
19 years$70,501$57,675$46,859$37,839$30,395$18,497
20 years$66,274$53,595$43,005$34,271$27,149$15,999
21 years$62,455$49,921$39,556$31,103$24,295$13,858
22 years$58,987$46,600$36,457$28,280$21,777$12,019
23 years$55,826$43,584$33,662$25,755$19,549$10,434
24 years$52,932$40,835$31,131$23,490$17,571$9,066
25 years$50,274$38,322$28,834$21,452$15,811$7,884
26 years$47,824$36,016$26,742$19,615$14,242$6,861
27 years$45,560$33,896$24,832$17,954$12,840$5,974
28 years$43,461$31,940$23,085$16,450$11,586$5,204
29 years$41,511$30,131$21,482$15,085$10,462$4,536
30 years$39,694$28,456$20,010$13,844$9,453$3,954
31 years$37,997$26,900$18,655$12,715$8,546$3,449
32 years$36,410$25,453$17,405$11,685$7,731$3,009
33 years$34,922$24,105$16,251$10,745$6,996$2,625
34 years$33,524$22,846$15,184$9,887$6,334$2,292
35 years$32,209$21,669$14,196$9,101$5,737$2,000
36 years$30,971$20,567$13,280$8,382$5,198$1,747
37 years$29,801$19,534$12,430$7,723$4,711$1,525
38 years$28,696$18,564$11,640$7,118$4,271$1,332
39 years$27,651$17,653$10,906$6,564$3,873$1,164
40 years$26,660$16,795$10,222$6,054$3,513$1,016
41 years$25,719$15,987$9,585$5,585$3,187$888
42 years$24,826$15,226$8,991$5,155$2,892$776
43 years$23,977$14,507$8,437$4,758$2,625$678
44 years$23,169$13,828$7,919$4,394$2,383$592
45 years$22,399$13,186$7,436$4,058$2,163$518
46 years$21,664$12,579$6,984$3,748$1,964$452
47 years$20,963$12,005$6,561$3,463$1,783$395
48 years$20,293$11,460$6,166$3,200$1,619$345
49 years$19,652$10,944$5,796$2,957$1,471$302
50 years$19,039$10,454$5,449$2,733$1,336$264

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 $5,130 every year, while hoping to spend $20,864 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: 57/14/29 Blend
39$19,500,000$19,500,000$19,500,000$19,500,000
40$21,494,292$20,460,792$20,158,542$22,547,718
41$23,664,510$21,441,171$20,811,654$24,252,699
42$26,055,392$22,468,890$21,485,946$26,107,586
43$28,689,422$23,546,246$22,182,105$28,129,050
44$31,591,379$24,675,648$22,900,842$30,333,221
45$34,788,569$25,859,624$23,642,889$32,737,842
46$38,311,080$27,100,823$24,409,003$35,362,430
47$42,192,071$28,402,024$25,199,965$38,228,454
48$46,468,081$29,766,141$26,016,582$41,359,536
49$51,179,374$31,196,232$26,859,687$44,781,668
50$56,370,324$32,695,500$27,730,140$48,523,448
51$62,089,826$34,267,309$28,628,829$52,616,351
52$68,391,763$35,915,182$29,556,670$57,095,016
53$75,335,515$37,642,818$30,514,610$61,997,567
54$82,986,514$39,454,093$31,503,627$67,365,969
55$91,416,870$41,353,074$32,524,729$73,246,415
56$100,706,042$43,344,026$33,578,958$79,689,755
57$110,941,596$45,431,421$34,667,391$86,751,974
58$122,220,027$47,619,950$35,791,138$94,494,705
59$134,647,675$49,914,532$36,951,346$102,985,810
60$148,341,720$52,320,327$38,149,198$112,300,008
61$163,431,297$54,842,744$39,385,918$122,519,575
62$180,058,711$57,487,460$40,662,768$133,735,110
63$198,380,780$60,260,426$41,981,051$146,046,381
64$218,570,316$63,167,884$43,342,113$159,563,260
65$240,817,758$66,216,380$44,747,343$174,406,746
66$265,332,967$69,412,781$46,198,177$190,710,099
67$292,347,209$72,764,286$47,696,096$208,620,089
68$322,115,338$76,278,450$49,242,628$228,298,368
69$354,918,200$79,963,191$50,839,354$249,922,982
70$391,065,288$83,826,819$52,487,903$273,690,046
71$430,897,660$87,878,045$54,189,960$299,815,575
72$474,791,160$92,126,009$55,947,263$328,537,517
73$523,159,969$96,580,294$57,761,607$360,117,980
74$576,460,510$101,250,952$59,634,845$394,845,693
75$635,195,760$106,148,527$61,568,890$433,038,718
76$699,919,998$111,284,075$63,565,719$475,047,437
77$771,244,038$116,669,195$65,627,370$521,257,841
78$849,840,994$122,316,050$67,755,952$572,095,158
79$936,452,637$128,237,398$69,953,638$628,027,848
80$1,031,896,395$134,446,620$72,222,674$689,572,011
81$1,137,073,073$140,957,749$74,565,379$757,296,232
82$1,252,975,354$147,785,506$76,984,146$831,826,937
83$1,380,697,173$154,945,330$79,481,449$913,854,278
84$1,521,444,046$162,453,412$82,059,838$1,004,138,630
85$1,676,544,446$170,326,737$84,721,950$1,103,517,745
86$1,847,462,350$178,583,117$87,470,506$1,212,914,637
87$2,035,811,057$187,241,237$90,308,315$1,333,346,270
88$2,243,368,420$196,320,692$93,238,278$1,465,933,132
89$2,472,093,629$205,842,037$96,263,391$1,611,909,786
90$2,724,145,712$215,826,829$99,386,747$1,772,636,495
91$3,001,903,910$226,297,680$102,611,539$1,949,612,037
92$3,307,990,148$237,278,305$105,941,065$2,144,487,816
93$3,645,293,781$248,793,580$109,378,729$2,359,083,427
94$4,016,998,877$260,869,596$112,928,046$2,595,403,795
95$4,426,614,275$273,533,718$116,592,648$2,855,658,071
96$4,878,006,710$286,814,650$120,376,281$3,142,280,443
97$5,375,437,324$300,742,497$124,282,816$3,457,953,088
98$5,923,601,890$315,348,838$128,316,249$3,805,631,442
99$6,527,675,145$330,666,793$132,480,705$4,188,572,067
100$7,193,359,646$346,731,103$136,780,446$4,610,363,347