Can I retire at age 40 with 20,000,000?

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 $20,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$1,651,581$1,636,870$1,622,517$1,608,508$1,594,828$1,584,777
2 years$817,615$802,387$787,630$773,321$759,442$749,304
3 years$539,662$524,369$509,648$495,474$481,821$471,909
4 years$400,713$385,467$370,894$356,961$343,639$334,030
5 years$317,365$302,211$287,829$274,180$261,229$251,951
6 years$261,818$246,778$232,608$219,264$206,701$197,766
7 years$222,157$207,243$193,299$180,269$168,104$159,516
8 years$192,425$177,646$163,933$151,223$139,458$131,218
9 years$169,313$154,673$141,195$128,809$117,444$109,549
10 years$150,833$136,336$123,097$111,034$100,068$92,515
11 years$135,724$121,372$108,373$96,633$86,062$78,845
12 years$123,141$108,937$96,178$84,760$74,579$67,693
13 years$112,503$98,447$85,929$74,831$65,035$58,471
14 years$103,392$89,486$77,207$66,426$57,009$50,761
15 years$95,503$81,747$69,708$59,241$50,195$44,254
16 years$88,608$75,001$63,201$53,044$44,363$38,720
17 years$82,529$69,073$57,510$47,659$39,335$33,982
18 years$77,132$63,827$52,499$42,951$34,975$29,902
19 years$72,309$59,154$48,060$38,809$31,174$26,372
20 years$67,974$54,969$44,107$35,149$27,845$23,304
21 years$64,056$51,201$40,570$31,900$24,918$20,628
22 years$60,500$47,795$37,392$29,005$22,336$18,287
23 years$57,257$44,701$34,525$26,415$20,050$16,233
24 years$54,289$41,882$31,930$24,092$18,021$14,426
25 years$51,563$39,304$29,573$22,002$16,216$12,834
26 years$49,051$36,940$27,428$20,118$14,607$11,427
27 years$46,728$34,765$25,469$18,414$13,170$10,183
28 years$44,576$32,759$23,677$16,871$11,883$9,080
29 years$42,575$30,904$22,033$15,471$10,730$8,102
30 years$40,711$29,186$20,523$14,199$9,695$7,233
31 years$38,971$27,590$19,133$13,041$8,766$6,461
32 years$37,343$26,106$17,851$11,985$7,929$5,773
33 years$35,817$24,723$16,668$11,021$7,176$5,161
34 years$34,384$23,431$15,574$10,140$6,497$4,615
35 years$33,035$22,224$14,560$9,335$5,884$4,128
36 years$31,765$21,094$13,621$8,597$5,332$3,694
37 years$30,565$20,035$12,749$7,921$4,832$3,306
38 years$29,432$19,040$11,939$7,301$4,381$2,959
39 years$28,360$18,105$11,185$6,732$3,973$2,650
40 years$27,343$17,226$10,484$6,209$3,603$2,373
41 years$26,379$16,397$9,831$5,729$3,269$2,125
42 years$25,463$15,616$9,221$5,287$2,966$1,904
43 years$24,592$14,879$8,653$4,880$2,692$1,706
44 years$23,763$14,183$8,122$4,506$2,444$1,528
45 years$22,973$13,525$7,627$4,162$2,218$1,369
46 years$22,219$12,902$7,163$3,844$2,014$1,227
47 years$21,500$12,312$6,730$3,552$1,829$1,100
48 years$20,813$11,754$6,324$3,282$1,661$986
49 years$20,156$11,224$5,944$3,033$1,509$884
50 years$19,527$10,722$5,588$2,803$1,370$792

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $20,000,000, adding $5,285 every year, while hoping to spend $32,194 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: 26/49/25 Blend
39$20,000,000$20,000,000$20,000,000$20,000,000
40$22,045,451$20,985,451$20,675,451$22,444,893
41$24,259,833$21,979,484$21,333,825$23,762,747
42$26,699,003$23,021,146$22,013,175$25,172,633
43$29,385,855$24,112,736$22,714,170$26,684,743
44$32,345,618$25,256,666$23,437,501$28,307,724
45$35,606,093$26,455,464$24,183,878$30,051,025
46$39,197,915$27,711,782$24,954,038$31,924,975
47$43,154,842$29,028,399$25,748,739$33,940,874
48$47,514,076$30,408,231$26,568,762$36,111,079
49$52,316,612$31,854,334$27,414,915$38,449,116
50$57,607,623$33,369,913$28,288,032$40,969,793
51$63,436,891$34,958,330$29,188,971$43,689,321
52$69,859,273$36,623,107$30,118,621$46,625,459
53$76,935,220$38,367,940$31,077,896$49,797,663
54$84,731,348$40,196,705$32,067,741$53,227,257
55$93,321,067$42,113,465$33,089,132$56,937,613
56$102,785,271$44,122,480$34,143,073$60,954,361
57$113,213,106$46,228,219$35,230,603$65,305,607
58$124,702,808$48,435,367$36,352,793$70,022,183
59$137,362,631$50,748,836$37,510,749$75,137,916
60$151,311,870$53,173,781$38,705,610$80,689,931
61$166,681,987$55,715,602$39,938,554$86,718,975
62$183,617,850$58,379,966$41,210,795$93,269,782
63$202,279,101$61,172,815$42,523,587$100,391,470
64$222,841,664$64,100,378$43,878,223$108,137,982
65$245,499,407$67,169,190$45,276,036$116,568,569
66$270,465,969$70,386,102$46,718,406$125,748,319
67$297,976,777$73,758,300$48,206,751$135,748,749
68$328,291,271$77,293,319$49,742,540$146,648,444
69$361,695,350$80,999,062$51,327,285$158,533,775
70$398,504,074$84,883,814$52,962,547$171,499,674
71$439,064,635$88,956,267$54,649,938$185,650,504
72$483,759,638$93,225,534$56,391,121$201,101,001
73$533,010,709$97,701,173$58,187,812$217,977,328
74$587,282,478$102,393,207$60,041,780$236,418,218
75$647,086,965$107,312,149$61,954,854$256,576,252
76$712,988,413$112,469,021$63,928,919$278,619,250
77$785,608,613$117,875,385$65,965,920$302,731,813
78$865,632,778$123,543,366$68,067,865$329,117,020
79$953,816,009$129,485,678$70,236,826$357,998,293
80$1,050,990,423$135,715,657$72,474,940$389,621,457
81$1,158,073,010$142,247,289$74,784,415$424,257,007
82$1,276,074,291$149,095,239$77,167,526$462,202,606
83$1,406,107,854$156,274,892$79,626,624$503,785,831
84$1,549,400,871$163,802,377$82,164,132$549,367,212
85$1,707,305,681$171,694,615$84,782,551$599,343,562
86$1,881,312,558$179,969,349$87,484,465$654,151,664
87$2,073,063,780$188,645,188$90,272,536$714,272,317
88$2,284,369,133$197,741,650$93,149,513$780,234,803
89$2,517,222,997$207,279,203$96,118,234$852,621,806
90$2,773,823,174$217,279,315$99,181,626$932,074,832
91$3,056,591,637$227,764,501$102,342,710$1,019,300,178
92$3,368,197,396$238,758,373$105,604,602$1,115,075,511
93$3,711,581,694$250,285,698$108,970,521$1,220,257,119
94$4,089,985,779$262,372,448$112,443,785$1,335,787,891
95$4,506,981,496$275,045,866$116,027,819$1,462,706,122
96$4,966,505,018$288,334,523$119,726,160$1,602,155,201
97$5,472,893,998$302,268,383$123,542,455$1,755,394,300
98$6,030,928,526$316,878,874$127,480,468$1,923,810,137
99$6,645,876,256$332,198,959$131,544,083$2,108,929,946
100$7,323,542,133$348,263,207$135,737,310$2,312,435,767