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%11.7%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,575,533
2 years$813,526$798,375$783,691$769,454$755,645$744,229
3 years$536,964$521,747$507,100$492,997$479,412$468,255
4 years$398,709$383,539$369,039$355,176$341,921$331,109
5 years$315,778$300,700$286,390$272,810$259,923$249,487
6 years$260,509$245,544$231,445$218,168$205,668$195,622
7 years$221,047$206,207$192,332$179,368$167,263$157,612
8 years$191,463$176,758$163,113$150,467$138,761$129,505
9 years$168,466$153,899$140,489$128,165$116,857$107,993
10 years$150,079$135,655$122,482$110,479$99,568$91,091
11 years$135,045$120,765$107,831$96,150$85,632$77,537
12 years$122,526$108,393$95,697$84,337$74,207$66,486
13 years$111,940$97,955$85,499$74,457$64,710$57,355
14 years$102,875$89,039$76,821$66,094$56,724$49,727
15 years$95,026$81,338$69,359$58,944$49,944$43,295
16 years$88,165$74,626$62,885$52,778$44,141$37,829
17 years$82,117$68,728$57,222$47,421$39,138$33,154
18 years$76,747$63,508$52,237$42,736$34,800$29,133
19 years$71,948$58,858$47,820$38,615$31,018$25,656
20 years$67,634$54,694$43,887$34,974$27,706$22,639
21 years$63,736$50,945$40,367$31,741$24,794$20,010
22 years$60,197$47,556$37,205$28,860$22,224$17,713
23 years$56,971$44,478$34,352$26,283$19,950$15,700
24 years$54,018$41,673$31,770$23,972$17,931$13,931
25 years$51,305$39,108$29,425$21,892$16,135$12,374
26 years$48,805$36,755$27,290$20,017$14,534$11,000
27 years$46,495$34,591$25,342$18,322$13,104$9,787
28 years$44,353$32,595$23,558$16,787$11,824$8,713
29 years$42,362$30,749$21,923$15,394$10,676$7,762
30 years$40,508$29,040$20,420$14,128$9,647$6,919
31 years$38,776$27,452$19,037$12,975$8,722$6,170
32 years$37,157$25,975$17,762$11,925$7,889$5,504
33 years$35,638$24,599$16,585$10,966$7,140$4,912
34 years$34,212$23,314$15,496$10,090$6,464$4,385
35 years$32,870$22,113$14,487$9,288$5,855$3,916
36 years$31,606$20,989$13,553$8,554$5,305$3,498
37 years$30,413$19,934$12,685$7,881$4,808$3,126
38 years$29,285$18,945$11,879$7,264$4,359$2,793
39 years$28,218$18,015$11,129$6,698$3,953$2,497
40 years$27,206$17,139$10,432$6,178$3,585$2,232
41 years$26,247$16,315$9,781$5,700$3,253$1,996
42 years$25,336$15,538$9,175$5,260$2,952$1,785
43 years$24,469$14,805$8,610$4,856$2,679$1,596
44 years$23,644$14,112$8,082$4,484$2,431$1,428
45 years$22,858$13,457$7,589$4,141$2,207$1,277
46 years$22,108$12,837$7,127$3,825$2,004$1,142
47 years$21,393$12,251$6,696$3,534$1,820$1,022
48 years$20,709$11,695$6,292$3,265$1,653$915
49 years$20,055$11,168$5,914$3,018$1,501$818
50 years$19,429$10,668$5,560$2,789$1,363$732

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 $6,411 every year, while hoping to spend $42,813 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: 46/39/15 Blend
39$19,900,000$19,900,000$19,900,000$19,900,000
40$21,936,413$20,881,713$20,573,263$22,851,824
41$24,128,374$21,859,364$21,216,915$24,466,429
42$26,542,481$22,883,485$21,880,694$26,212,170
43$29,201,346$23,956,308$22,565,229$28,105,130
44$32,129,889$25,080,173$23,271,170$30,158,998
45$35,355,569$26,257,532$23,999,185$32,388,802
46$38,908,643$27,490,958$24,749,964$34,811,038
47$42,822,455$28,783,145$25,524,218$37,443,822
48$47,133,748$30,136,922$26,322,682$40,307,051
49$51,883,010$31,555,250$27,146,111$43,422,578
50$57,114,857$33,041,238$27,995,286$46,814,412
51$62,878,456$34,598,142$28,871,012$50,508,935
52$69,227,985$36,229,378$29,774,118$54,535,137
53$76,223,149$37,938,526$30,705,459$58,924,879
54$83,929,736$39,729,341$31,665,919$63,713,186
55$92,420,249$41,605,758$32,656,407$68,938,560
56$101,774,578$43,571,904$33,677,860$74,643,335
57$112,080,765$45,632,107$34,731,248$80,874,061
58$123,435,825$47,790,903$35,817,567$87,681,927
59$135,946,671$50,053,048$36,937,847$95,123,235
60$149,731,115$52,423,531$38,093,149$103,259,913
61$164,918,985$54,907,581$39,284,566$112,160,081
62$181,653,351$57,510,681$40,513,228$121,898,683
63$200,091,869$60,238,582$41,780,298$132,558,171
64$220,408,278$63,097,310$43,086,975$144,229,268
65$242,794,031$66,093,187$44,434,499$157,011,806
66$267,460,112$69,232,843$45,824,143$171,015,644
67$294,639,016$72,523,225$47,257,225$186,361,688
68$324,586,955$75,971,622$48,735,102$203,183,007
69$357,586,269$79,585,676$50,259,172$221,626,069
70$393,948,093$83,373,399$51,830,879$241,852,097
71$434,015,296$87,343,193$53,451,711$264,038,566
72$478,165,716$91,503,869$55,123,202$288,380,853
73$526,815,725$95,864,665$56,846,936$315,094,049
74$580,424,164$100,435,269$58,624,544$344,414,967
75$639,496,671$105,225,839$60,457,708$376,604,343
76$704,590,455$110,247,028$62,348,164$411,949,263
77$776,319,556$115,510,007$64,297,702$450,765,845
78$855,360,642$121,026,490$66,308,168$493,402,185
79$942,459,400$126,808,759$68,381,463$540,241,605
80$1,038,437,567$132,869,697$70,519,550$591,706,236
81$1,144,200,698$139,222,811$72,724,454$648,260,962
82$1,260,746,707$145,882,267$74,998,261$710,417,764
83$1,389,175,291$152,862,918$77,343,123$778,740,512
84$1,530,698,312$160,180,342$79,761,259$853,850,240
85$1,686,651,236$167,850,875$82,254,958$936,430,960
86$1,858,505,742$175,891,648$84,826,578$1,027,236,072
87$2,047,883,614$184,320,625$87,478,555$1,127,095,416
88$2,256,572,053$193,156,646$90,213,397$1,236,923,057
89$2,486,540,548$202,419,468$93,033,692$1,357,725,854
90$2,739,959,472$212,129,809$95,942,108$1,490,612,902
91$3,019,220,567$222,309,399$98,941,398$1,636,805,939
92$3,326,959,528$232,981,023$102,034,398$1,797,650,814
93$3,666,080,885$244,168,578$105,224,036$1,974,630,123
94$4,039,785,423$255,897,126$108,513,328$2,169,377,127
95$4,451,600,398$268,192,947$111,905,387$2,383,691,099
96$4,905,412,842$281,083,605$115,403,420$2,619,554,227
97$5,405,506,255$294,598,005$119,010,738$2,879,150,242
98$5,956,601,047$308,766,461$122,730,752$3,164,884,945
99$6,563,899,102$323,620,766$126,566,981$3,479,408,829
100$7,233,132,889$339,194,262$130,523,053$3,825,641,999