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

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 $19,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,578,177
2 years$813,526$798,375$783,691$769,454$755,645$746,889
3 years$536,964$521,747$507,100$492,997$479,412$470,849
4 years$398,709$383,539$369,039$355,176$341,921$333,616
5 years$315,778$300,700$286,390$272,810$259,923$251,901
6 years$260,509$245,544$231,445$218,168$205,668$197,940
7 years$221,047$206,207$192,332$179,368$167,263$159,832
8 years$191,463$176,758$163,113$150,467$138,761$131,627
9 years$168,466$153,899$140,489$128,165$116,857$110,019
10 years$150,079$135,655$122,482$110,479$99,568$93,023
11 years$135,045$120,765$107,831$96,150$85,632$79,375
12 years$122,526$108,393$95,697$84,337$74,207$68,233
13 years$111,940$97,955$85,499$74,457$64,710$59,013
14 years$102,875$89,039$76,821$66,094$56,724$51,298
15 years$95,026$81,338$69,359$58,944$49,944$44,782
16 years$88,165$74,626$62,885$52,778$44,141$39,235
17 years$82,117$68,728$57,222$47,421$39,138$34,481
18 years$76,747$63,508$52,237$42,736$34,800$30,384
19 years$71,948$58,858$47,820$38,615$31,018$26,835
20 years$67,634$54,694$43,887$34,974$27,706$23,748
21 years$63,736$50,945$40,367$31,741$24,794$21,052
22 years$60,197$47,556$37,205$28,860$22,224$18,691
23 years$56,971$44,478$34,352$26,283$19,950$16,616
24 years$54,018$41,673$31,770$23,972$17,931$14,789
25 years$51,305$39,108$29,425$21,892$16,135$13,177
26 years$48,805$36,755$27,290$20,017$14,534$11,751
27 years$46,495$34,591$25,342$18,322$13,104$10,488
28 years$44,353$32,595$23,558$16,787$11,824$9,367
29 years$42,362$30,749$21,923$15,394$10,676$8,371
30 years$40,508$29,040$20,420$14,128$9,647$7,486
31 years$38,776$27,452$19,037$12,975$8,722$6,697
32 years$37,157$25,975$17,762$11,925$7,889$5,994
33 years$35,638$24,599$16,585$10,966$7,140$5,368
34 years$34,212$23,314$15,496$10,090$6,464$4,808
35 years$32,870$22,113$14,487$9,288$5,855$4,308
36 years$31,606$20,989$13,553$8,554$5,305$3,861
37 years$30,413$19,934$12,685$7,881$4,808$3,461
38 years$29,285$18,945$11,879$7,264$4,359$3,104
39 years$28,218$18,015$11,129$6,698$3,953$2,784
40 years$27,206$17,139$10,432$6,178$3,585$2,497
41 years$26,247$16,315$9,781$5,700$3,253$2,241
42 years$25,336$15,538$9,175$5,260$2,952$2,011
43 years$24,469$14,805$8,610$4,856$2,679$1,804
44 years$23,644$14,112$8,082$4,484$2,431$1,619
45 years$22,858$13,457$7,589$4,141$2,207$1,454
46 years$22,108$12,837$7,127$3,825$2,004$1,305
47 years$21,393$12,251$6,696$3,534$1,820$1,172
48 years$20,709$11,695$6,292$3,265$1,653$1,052
49 years$20,055$11,168$5,914$3,018$1,501$945
50 years$19,429$10,668$5,560$2,789$1,363$848

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 $4,793 every year, while hoping to spend $43,484 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: 79/13/8 Blend
39$19,900,000$19,900,000$19,900,000$19,900,000
40$21,934,744$20,880,044$20,571,594$23,643,777
41$24,125,821$21,856,899$21,214,476$25,742,243
42$26,538,931$22,880,164$21,877,437$28,037,534
43$29,196,675$23,952,064$22,561,103$30,554,148
44$32,123,957$25,074,937$23,266,122$33,314,138
45$35,348,224$26,251,232$23,993,160$36,341,786
46$38,899,715$27,483,515$24,742,903$39,663,826
47$42,811,757$28,774,478$25,516,061$43,309,698
48$47,121,071$30,126,942$26,313,365$47,311,814
49$51,868,125$31,543,867$27,135,567$51,705,872
50$57,097,510$33,028,353$27,983,445$56,531,180
51$62,858,366$34,583,652$28,857,801$61,831,027
52$69,204,842$36,213,174$29,759,460$67,653,087
53$76,196,609$37,920,492$30,689,274$74,049,867
54$83,899,421$39,709,355$31,648,123$81,079,196
55$92,385,739$41,583,690$32,636,912$88,804,766
56$101,735,412$43,547,619$33,656,576$97,296,733
57$112,036,431$45,605,458$34,708,078$106,632,367
58$123,385,760$47,761,739$35,792,412$116,896,785
59$135,890,251$50,021,208$36,910,601$128,183,742
60$149,667,653$52,388,844$38,063,703$140,596,514
61$164,847,723$54,869,866$39,252,807$154,248,867
62$181,573,450$57,469,749$40,479,035$169,266,124
63$200,002,406$60,194,231$41,743,547$185,786,343
64$220,308,233$63,049,329$43,047,537$203,961,611
65$242,682,279$66,041,353$44,392,236$223,959,477
66$267,335,410$69,176,918$45,778,914$245,964,523
67$294,499,996$72,462,961$47,208,882$270,180,099
68$324,432,106$75,906,756$48,683,490$296,830,238
69$357,413,923$79,515,930$50,204,129$326,161,761
70$393,756,413$83,298,481$51,772,238$358,446,594
71$433,802,255$87,262,794$53,389,295$393,984,336
72$477,929,077$91,417,662$55,056,828$433,105,067
73$526,553,023$95,772,308$56,776,412$476,172,462
74$580,132,680$100,336,400$58,549,670$523,587,210
75$639,173,406$105,120,076$60,378,277$575,790,788
76$704,232,102$110,133,969$62,263,959$633,269,616
77$775,922,471$115,389,227$64,208,495$696,559,637
78$854,920,806$120,897,543$66,213,723$766,251,368
79$941,972,380$126,671,174$68,281,534$842,995,455
80$1,037,898,478$132,722,977$70,413,881$927,508,809
81$1,143,604,154$139,066,433$72,612,777$1,020,581,356
82$1,260,086,769$145,715,680$74,880,296$1,123,083,479
83$1,388,445,413$152,685,542$77,218,580$1,235,974,223
84$1,529,891,277$159,991,566$79,629,834$1,360,310,329
85$1,685,759,089$167,650,054$82,116,336$1,497,256,196
86$1,857,519,713$175,678,104$84,680,430$1,648,094,856
87$2,046,794,037$184,093,644$87,324,537$1,814,240,066
88$2,255,368,272$192,915,476$90,051,153$1,997,249,637
89$2,485,210,818$202,163,317$92,862,849$2,198,840,122
90$2,738,490,846$211,857,843$95,762,278$2,420,902,994
91$3,017,598,775$222,020,741$98,752,178$2,665,522,492
92$3,325,168,842$232,674,749$101,835,367$2,934,995,261
93$3,664,103,967$243,843,715$105,014,756$3,231,852,022
94$4,037,603,165$255,552,650$108,293,343$3,558,881,430
95$4,449,191,739$267,827,781$111,674,221$3,919,156,377
96$4,902,754,569$280,696,615$115,160,580$4,316,062,978
97$5,402,572,784$294,187,998$118,755,708$4,753,332,504
98$5,953,364,180$308,332,182$122,462,997$5,235,076,580
99$6,560,327,760$323,160,893$126,285,942$5,765,825,972
100$7,229,192,820$338,707,405$130,228,149$6,350,573,324