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%18.2%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,534,216
2 years$813,526$798,375$783,691$769,454$755,645$703,124
3 years$536,964$521,747$507,100$492,997$479,412$428,657
4 years$398,709$383,539$369,039$355,176$341,921$293,320
5 years$315,778$300,700$286,390$272,810$259,923$213,605
6 years$260,509$245,544$231,445$218,168$205,668$161,672
7 years$221,047$206,207$192,332$179,368$167,263$125,582
8 years$191,463$176,758$163,113$150,467$138,761$99,365
9 years$168,466$153,899$140,489$128,165$116,857$79,698
10 years$150,079$135,655$122,482$110,479$99,568$64,588
11 years$135,045$120,765$107,831$96,150$85,632$52,764
12 years$122,526$108,393$95,697$84,337$74,207$43,377
13 years$111,940$97,955$85,499$74,457$64,710$35,841
14 years$102,875$89,039$76,821$66,094$56,724$29,734
15 years$95,026$81,338$69,359$58,944$49,944$24,750
16 years$88,165$74,626$62,885$52,778$44,141$20,657
17 years$82,117$68,728$57,222$47,421$39,138$17,280
18 years$76,747$63,508$52,237$42,736$34,800$14,481
19 years$71,948$58,858$47,820$38,615$31,018$12,154
20 years$67,634$54,694$43,887$34,974$27,706$10,214
21 years$63,736$50,945$40,367$31,741$24,794$8,593
22 years$60,197$47,556$37,205$28,860$22,224$7,236
23 years$56,971$44,478$34,352$26,283$19,950$6,097
24 years$54,018$41,673$31,770$23,972$17,931$5,141
25 years$51,305$39,108$29,425$21,892$16,135$4,337
26 years$48,805$36,755$27,290$20,017$14,534$3,661
27 years$46,495$34,591$25,342$18,322$13,104$3,091
28 years$44,353$32,595$23,558$16,787$11,824$2,610
29 years$42,362$30,749$21,923$15,394$10,676$2,205
30 years$40,508$29,040$20,420$14,128$9,647$1,863
31 years$38,776$27,452$19,037$12,975$8,722$1,575
32 years$37,157$25,975$17,762$11,925$7,889$1,331
33 years$35,638$24,599$16,585$10,966$7,140$1,125
34 years$34,212$23,314$15,496$10,090$6,464$952
35 years$32,870$22,113$14,487$9,288$5,855$805
36 years$31,606$20,989$13,553$8,554$5,305$680
37 years$30,413$19,934$12,685$7,881$4,808$575
38 years$29,285$18,945$11,879$7,264$4,359$487
39 years$28,218$18,015$11,129$6,698$3,953$412
40 years$27,206$17,139$10,432$6,178$3,585$348
41 years$26,247$16,315$9,781$5,700$3,253$295
42 years$25,336$15,538$9,175$5,260$2,952$249
43 years$24,469$14,805$8,610$4,856$2,679$211
44 years$23,644$14,112$8,082$4,484$2,431$178
45 years$22,858$13,457$7,589$4,141$2,207$151
46 years$22,108$12,837$7,127$3,825$2,004$128
47 years$21,393$12,251$6,696$3,534$1,820$108
48 years$20,709$11,695$6,292$3,265$1,653$91
49 years$20,055$11,168$5,914$3,018$1,501$77
50 years$19,429$10,668$5,560$2,789$1,363$65

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 $6,439 every year, while hoping to spend $21,848 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: 74/5/21 Blend
39$19,900,000$19,900,000$19,900,000$19,900,000
40$21,936,442$20,881,742$20,573,292$23,448,537
41$24,150,713$21,881,701$21,239,251$25,453,754
42$26,590,107$22,929,926$21,926,788$27,647,293
43$29,277,564$24,028,759$22,636,601$30,050,613
44$32,238,363$25,180,655$23,369,415$32,684,614
45$35,500,360$26,388,191$24,125,974$35,572,311
46$39,094,251$27,654,067$24,907,048$38,739,043
47$43,053,864$28,981,116$25,713,434$42,212,719
48$47,416,476$30,372,308$26,545,951$46,024,070
49$52,223,164$31,830,759$27,405,449$50,206,942
50$57,519,196$33,359,735$28,292,800$54,798,611
51$63,354,455$34,962,663$29,208,910$59,840,132
52$69,783,912$36,643,136$30,154,712$65,376,723
53$76,868,144$38,404,923$31,131,167$71,458,191
54$84,673,905$40,251,974$32,139,272$78,139,395
55$93,274,758$42,188,436$33,180,052$85,480,765
56$102,751,768$44,218,653$34,254,567$93,548,865
57$113,194,266$46,347,185$35,363,914$102,417,021
58$124,700,696$48,578,812$36,509,220$112,166,007
59$137,379,542$50,918,549$37,691,654$122,884,807
60$151,350,350$53,371,653$38,912,419$134,671,444
61$166,744,861$55,943,639$40,172,760$147,633,911
62$183,708,251$58,640,291$41,473,961$161,891,177
63$202,400,501$61,467,674$42,817,348$177,574,311
64$222,997,912$64,432,150$44,204,289$194,827,712
65$245,694,765$67,540,391$45,636,199$213,810,471
66$270,705,156$70,799,395$47,114,536$234,697,861
67$298,265,016$74,216,500$48,640,807$257,682,992
68$328,634,342$77,799,403$50,216,569$282,978,628
69$362,099,648$81,556,176$51,843,426$310,819,187
70$398,976,670$85,495,287$53,523,039$341,462,950
71$439,613,348$89,625,613$55,257,118$375,194,493
72$484,393,110$93,956,469$57,047,433$412,327,366
73$533,738,493$98,497,622$58,895,808$453,207,047
74$588,115,130$103,259,316$60,804,127$498,214,197
75$648,036,146$108,252,295$62,774,338$547,768,247
76$714,067,003$113,487,828$64,808,449$602,331,346
77$786,830,840$118,977,734$66,908,535$662,412,722
78$867,014,352$124,734,410$69,076,737$728,573,476
79$955,374,275$130,770,855$71,315,267$801,431,873
80$1,052,744,531$137,100,707$73,626,408$881,669,170
81$1,160,044,099$143,738,267$76,012,518$970,036,040
82$1,278,285,690$150,698,535$78,476,031$1,067,359,642
83$1,408,585,312$157,997,245$81,019,460$1,174,551,431
84$1,552,172,802$165,650,898$83,645,400$1,292,615,741
85$1,710,403,438$173,676,802$86,356,530$1,422,659,264
86$1,884,770,732$182,093,108$89,155,617$1,565,901,484
87$2,076,920,533$190,918,857$92,045,517$1,723,686,175
88$2,288,666,564$200,174,019$95,029,179$1,897,494,080
89$2,522,007,545$209,879,537$98,109,648$2,088,956,875
90$2,779,146,062$220,057,381$101,290,068$2,299,872,558
91$3,062,509,360$230,730,592$104,573,685$2,532,222,414
92$3,374,772,262$241,923,339$107,963,851$2,788,189,703
93$3,718,882,419$253,660,968$111,464,026$3,070,180,255
94$4,098,088,138$265,970,068$115,077,784$3,380,845,172
95$4,515,969,052$278,878,526$118,808,813$3,723,105,834
96$4,976,469,911$292,415,589$122,660,924$4,100,181,468
97$5,483,937,825$306,611,936$126,638,048$4,515,619,519
98$6,043,163,309$321,499,746$130,744,248$4,973,329,125
99$6,659,425,502$337,112,770$134,983,717$5,477,617,999
100$7,338,542,014$353,486,407$139,360,782$6,033,233,082