Can I retire at age 40 with 19,800,000?

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 $19,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$1,635,065$1,620,501$1,606,292$1,592,422$1,578,880$1,570,906
2 years$809,438$794,363$779,753$765,588$751,848$743,800
3 years$534,265$519,125$504,552$490,519$477,003$469,131
4 years$396,706$381,612$367,185$353,392$340,203$332,567
5 years$314,192$299,188$284,950$271,439$258,617$251,239
6 years$259,200$244,310$230,282$217,072$204,634$197,526
7 years$219,936$205,171$191,366$178,467$166,423$159,586
8 years$190,501$175,869$162,293$149,711$138,064$131,499
9 years$167,619$153,126$139,783$127,521$116,270$109,976
10 years$149,325$134,973$121,866$109,924$99,067$93,042
11 years$134,366$120,159$107,289$95,667$85,201$79,439
12 years$121,910$107,848$95,216$83,913$73,834$68,331
13 years$111,378$97,463$85,069$74,082$64,384$59,135
14 years$102,358$88,591$76,435$65,762$56,439$51,438
15 years$94,548$80,930$69,011$58,648$49,693$44,934
16 years$87,721$74,251$62,569$52,513$43,919$39,395
17 years$81,704$68,383$56,935$47,183$38,942$34,646
18 years$76,361$63,189$51,974$42,521$34,625$30,550
19 years$71,586$58,563$47,580$38,421$30,862$27,001
20 years$67,294$54,419$43,666$34,798$27,567$23,912
21 years$63,416$50,689$40,165$31,581$24,669$21,213
22 years$59,895$47,317$37,018$28,715$22,112$18,848
23 years$56,685$44,254$34,179$26,151$19,849$16,768
24 years$53,746$41,463$31,610$23,851$17,841$14,936
25 years$51,047$38,911$29,277$21,782$16,054$13,318
26 years$48,560$36,570$27,153$19,917$14,461$11,886
27 years$46,261$34,417$25,214$18,230$13,038$10,617
28 years$44,130$32,431$23,440$16,703$11,764$9,490
29 years$42,149$30,595$21,813$15,317$10,623$8,488
30 years$40,304$28,894$20,318$14,057$9,598$7,596
31 years$38,582$27,314$18,942$12,910$8,678$6,801
32 years$36,970$25,845$17,673$11,865$7,850$6,093
33 years$35,459$24,475$16,501$10,911$7,104$5,460
34 years$34,040$23,197$15,418$10,039$6,432$4,895
35 years$32,705$22,002$14,415$9,241$5,826$4,389
36 years$31,447$20,883$13,485$8,511$5,278$3,937
37 years$30,260$19,834$12,621$7,842$4,784$3,533
38 years$29,138$18,850$11,819$7,228$4,337$3,171
39 years$28,076$17,924$11,073$6,664$3,933$2,846
40 years$27,070$17,053$10,379$6,147$3,567$2,555
41 years$26,115$16,233$9,732$5,671$3,236$2,295
42 years$25,208$15,460$9,129$5,234$2,937$2,061
43 years$24,346$14,730$8,567$4,832$2,665$1,851
44 years$23,525$14,041$8,041$4,461$2,419$1,663
45 years$22,743$13,389$7,550$4,120$2,196$1,494
46 years$21,997$12,773$7,092$3,806$1,994$1,342
47 years$21,285$12,189$6,662$3,516$1,811$1,206
48 years$20,605$11,636$6,261$3,249$1,644$1,084
49 years$19,954$11,112$5,885$3,003$1,493$974
50 years$19,332$10,615$5,533$2,775$1,357$876

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $19,800,000, adding $6,170 every year, while hoping to spend $43,636 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: 27/50/23 Blend
39$19,800,000$19,800,000$19,800,000$19,800,000
40$21,825,964$20,776,564$20,469,664$22,256,767
41$24,005,784$21,748,188$21,108,970$23,570,087
42$26,406,483$22,765,958$21,768,229$24,975,008
43$29,050,545$23,832,090$22,448,066$26,482,600
44$31,962,746$24,948,907$23,149,120$28,101,603
45$35,170,385$26,118,843$23,872,055$29,841,577
46$38,703,548$27,344,450$24,617,553$31,712,972
47$42,595,386$28,628,404$25,386,317$33,727,225
48$46,882,429$29,973,510$26,179,073$35,896,847
49$51,604,934$31,382,710$26,996,569$38,235,538
50$56,807,261$32,859,085$27,839,577$40,758,296
51$62,538,291$34,405,870$28,708,892$43,481,552
52$68,851,892$36,026,453$29,605,335$46,423,304
53$75,807,423$37,724,387$30,529,752$49,603,281
54$83,470,296$39,503,398$31,483,015$53,043,106
55$91,912,594$41,367,392$32,466,024$56,766,489
56$101,213,748$43,320,464$33,479,705$60,799,432
57$111,461,291$45,366,908$34,525,016$65,170,461
58$122,751,682$47,511,226$35,602,943$69,910,870
59$135,191,215$49,758,137$36,714,503$75,055,005
60$148,897,024$52,112,590$37,860,744$80,640,563
61$163,998,189$54,579,776$39,042,747$86,708,928
62$180,636,953$57,165,134$40,261,629$93,305,543
63$198,970,067$59,874,370$41,518,537$100,480,313
64$219,170,264$62,713,465$42,814,659$108,288,052
65$241,427,897$65,688,691$44,151,216$116,788,979
66$265,952,731$68,806,625$45,529,470$126,049,256
67$292,975,921$72,074,161$46,950,719$136,141,586
68$322,752,201$75,498,531$48,416,304$147,145,876
69$355,562,283$79,087,317$49,927,608$159,149,952
70$391,715,508$82,848,468$51,486,055$172,250,365
71$431,552,768$86,790,320$53,093,115$186,553,266
72$475,449,719$90,921,615$54,750,304$202,175,372
73$523,820,334$95,251,518$56,459,183$219,245,037
74$577,120,807$99,789,640$58,221,364$237,903,420
75$635,853,857$104,546,061$60,038,508$258,305,782
76$700,573,481$109,531,349$61,912,328$280,622,909
77$771,890,176$114,756,585$63,844,592$305,042,682
78$850,476,708$120,233,391$65,837,119$331,771,804
79$937,074,458$125,973,953$67,891,788$361,037,704
80$1,032,500,426$131,991,050$70,010,537$393,090,635
81$1,137,654,941$138,298,083$72,195,361$428,205,985
82$1,253,530,160$144,909,104$74,448,320$466,686,820
83$1,381,219,435$151,838,849$76,771,538$508,866,690
84$1,521,927,636$159,102,771$79,167,203$555,112,718
85$1,676,982,523$166,717,075$81,637,573$605,829,003
86$1,847,847,285$174,698,756$84,184,976$661,460,368
87$2,036,134,347$183,065,635$86,811,812$722,496,493
88$2,243,620,599$191,836,399$89,520,556$789,476,464
89$2,472,264,166$201,030,648$92,313,760$862,993,789
90$2,724,222,896$210,668,935$95,194,057$943,701,919
91$3,001,874,732$220,772,814$98,164,158$1,032,320,338
92$3,307,840,160$231,364,886$101,226,862$1,129,641,265
93$3,645,006,948$242,468,858$104,385,054$1,236,537,048
94$4,016,557,413$254,109,588$107,641,710$1,353,968,298
95$4,425,998,457$266,313,146$110,999,895$1,482,992,862
96$4,877,194,682$279,106,873$114,462,774$1,624,775,706
97$5,374,404,870$292,519,440$118,033,607$1,780,599,803
98$5,922,322,191$306,580,917$121,715,757$1,951,878,129
99$6,526,118,512$321,322,839$125,512,693$2,140,166,887
100$7,191,493,221$336,778,279$129,427,988$2,347,180,069