Can I retire at age 40 with 19,900,000?

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 $19,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,529,335
2 years$813,526$798,375$783,691$769,454$755,645$698,326
3 years$536,964$521,747$507,100$492,997$479,412$424,097
4 years$398,709$383,539$369,039$355,176$341,921$289,030
5 years$315,778$300,700$286,390$272,810$259,923$209,596
6 years$260,509$245,544$231,445$218,168$205,668$157,941
7 years$221,047$206,207$192,332$179,368$167,263$122,125
8 years$191,463$176,758$163,113$150,467$138,761$96,172
9 years$168,466$153,899$140,489$128,165$116,857$76,761
10 years$150,079$135,655$122,482$110,479$99,568$61,894
11 years$135,045$120,765$107,831$96,150$85,632$50,301
12 years$122,526$108,393$95,697$84,337$74,207$41,133
13 years$111,940$97,955$85,499$74,457$64,710$33,802
14 years$102,875$89,039$76,821$66,094$56,724$27,887
15 years$95,026$81,338$69,359$58,944$49,944$23,081
16 years$88,165$74,626$62,885$52,778$44,141$19,153
17 years$82,117$68,728$57,222$47,421$39,138$15,927
18 years$76,747$63,508$52,237$42,736$34,800$13,268
19 years$71,948$58,858$47,820$38,615$31,018$11,069
20 years$67,634$54,694$43,887$34,974$27,706$9,245
21 years$63,736$50,945$40,367$31,741$24,794$7,730
22 years$60,197$47,556$37,205$28,860$22,224$6,468
23 years$56,971$44,478$34,352$26,283$19,950$5,416
24 years$54,018$41,673$31,770$23,972$17,931$4,538
25 years$51,305$39,108$29,425$21,892$16,135$3,804
26 years$48,805$36,755$27,290$20,017$14,534$3,190
27 years$46,495$34,591$25,342$18,322$13,104$2,676
28 years$44,353$32,595$23,558$16,787$11,824$2,245
29 years$42,362$30,749$21,923$15,394$10,676$1,885
30 years$40,508$29,040$20,420$14,128$9,647$1,582
31 years$38,776$27,452$19,037$12,975$8,722$1,328
32 years$37,157$25,975$17,762$11,925$7,889$1,115
33 years$35,638$24,599$16,585$10,966$7,140$937
34 years$34,212$23,314$15,496$10,090$6,464$787
35 years$32,870$22,113$14,487$9,288$5,855$661
36 years$31,606$20,989$13,553$8,554$5,305$555
37 years$30,413$19,934$12,685$7,881$4,808$466
38 years$29,285$18,945$11,879$7,264$4,359$392
39 years$28,218$18,015$11,129$6,698$3,953$329
40 years$27,206$17,139$10,432$6,178$3,585$277
41 years$26,247$16,315$9,781$5,700$3,253$232
42 years$25,336$15,538$9,175$5,260$2,952$195
43 years$24,469$14,805$8,610$4,856$2,679$164
44 years$23,644$14,112$8,082$4,484$2,431$138
45 years$22,858$13,457$7,589$4,141$2,207$116
46 years$22,108$12,837$7,127$3,825$2,004$97
47 years$21,393$12,251$6,696$3,534$1,820$82
48 years$20,709$11,695$6,292$3,265$1,653$69
49 years$20,055$11,168$5,914$3,018$1,501$58
50 years$19,429$10,668$5,560$2,789$1,363$49

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $19,900,000, adding $4,397 every year, while hoping to spend $43,745 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: 52/25/23 Blend
39$19,900,000$19,900,000$19,900,000$19,900,000
40$21,934,336$20,879,636$20,571,186$22,934,479
41$24,125,093$21,856,193$21,213,776$24,602,448
42$26,537,842$22,879,136$21,876,427$26,410,939
43$29,195,180$23,950,691$22,559,764$28,377,258
44$32,122,005$25,073,192$23,264,434$30,516,439
45$35,345,758$26,249,087$23,991,100$32,845,007
46$38,896,673$27,480,940$24,740,450$35,381,122
47$42,808,070$28,771,443$25,513,192$38,144,753
48$47,116,664$30,123,414$26,310,054$41,157,851
49$51,862,912$31,539,809$27,131,789$44,444,554
50$57,091,398$33,023,730$27,979,174$48,031,409
51$62,851,252$34,578,424$28,853,008$51,947,610
52$69,196,612$36,207,299$29,754,115$56,225,272
53$76,187,137$37,913,926$30,683,348$60,899,718
54$83,888,567$39,702,051$31,641,583$66,009,815
55$92,373,349$41,575,600$32,629,724$71,598,319
56$101,721,316$43,538,690$33,648,705$77,712,280
57$112,020,441$45,595,636$34,699,487$84,403,471
58$123,367,668$47,750,964$35,783,063$91,728,868
59$135,869,829$50,009,420$36,900,454$99,751,177
60$149,644,647$52,375,978$38,052,715$108,539,414
61$164,821,855$54,855,854$39,240,934$118,169,547
62$181,544,411$57,454,517$40,466,232$128,725,198
63$199,969,855$60,177,703$41,729,766$140,298,424
64$220,271,794$63,031,425$43,032,727$152,990,568
65$242,641,540$66,021,987$44,376,345$166,913,205
66$267,289,912$69,156,000$45,761,888$182,189,179
67$294,449,236$72,440,396$47,190,664$198,953,750
68$324,375,526$75,882,444$48,664,020$217,355,852
69$357,350,911$79,489,765$50,183,345$237,559,485
70$393,686,291$83,270,350$51,750,075$259,745,245
71$433,724,276$87,232,581$53,365,685$284,112,008
72$477,842,418$91,385,243$55,031,701$310,878,795
73$526,456,775$95,737,551$56,749,694$340,286,815
74$580,025,842$100,299,166$58,521,285$372,601,721
75$639,054,873$105,080,221$60,348,143$408,116,100
76$704,100,657$110,091,339$62,231,993$447,152,210
77$775,776,770$115,343,661$64,174,611$490,064,998
78$854,759,369$120,848,868$66,177,829$537,245,429
79$941,793,574$126,619,212$68,243,535$589,124,148
80$1,037,700,503$132,667,538$70,373,678$646,175,522
81$1,143,385,025$139,007,318$72,570,267$708,922,086
82$1,259,844,298$145,652,677$74,835,372$777,939,451
83$1,388,177,189$152,618,431$77,171,129$853,861,702
84$1,529,594,641$159,920,112$79,579,740$937,387,357
85$1,685,431,109$167,574,012$82,063,476$1,029,285,924
86$1,857,157,158$175,597,215$84,624,678$1,130,405,134
87$2,046,393,344$184,007,635$87,265,762$1,241,678,902
88$2,254,925,516$192,824,059$89,989,215$1,364,136,109
89$2,484,721,670$202,066,190$92,797,605$1,498,910,274
90$2,737,950,535$211,754,688$95,693,580$1,647,250,214
91$3,017,002,044$221,911,222$98,679,869$1,810,531,786
92$3,324,509,893$232,558,512$101,759,285$1,990,270,833
93$3,663,376,413$243,720,390$104,934,732$2,188,137,446
94$4,036,799,963$255,421,845$108,209,201$2,405,971,678
95$4,448,305,128$267,689,085$111,585,779$2,645,800,865
96$4,901,775,995$280,549,594$115,067,646$2,909,858,707
97$5,401,492,818$294,032,195$118,658,084$3,200,606,302
98$5,952,172,431$308,167,118$122,360,475$3,520,755,315
99$6,559,012,775$322,986,063$126,178,307$3,873,293,520
100$7,227,741,976$338,522,278$130,115,178$4,261,512,934