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

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 $19,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,479,662
2 years$776,734$762,268$748,248$734,655$721,470$685,981
3 years$512,679$498,150$484,166$470,701$457,730$423,287
4 years$380,677$366,193$352,349$339,113$326,457$293,324
5 years$301,497$287,100$273,437$260,471$248,167$216,437
6 years$248,727$234,439$220,978$208,301$196,366$166,072
7 years$211,050$196,881$183,634$171,256$159,698$130,844
8 years$182,804$168,764$155,736$143,662$132,485$105,059
9 years$160,847$146,939$134,135$122,368$111,572$85,553
10 years$143,292$129,520$116,942$105,483$95,065$70,425
11 years$128,937$115,304$102,954$91,802$81,759$58,463
12 years$116,984$103,490$91,369$80,522$70,850$48,861
13 years$106,878$93,525$81,632$71,089$61,783$41,059
14 years$98,223$85,012$73,347$63,105$54,159$34,657
15 years$90,728$77,660$66,222$56,279$47,686$29,359
16 years$84,177$71,251$60,040$50,391$42,145$24,948
17 years$78,403$65,620$54,634$45,276$37,368$21,253
18 years$73,276$60,636$49,874$40,803$33,226$18,144
19 years$68,694$56,197$45,657$36,869$29,615$15,517
20 years$64,575$52,221$41,902$33,392$26,453$13,291
21 years$60,853$48,641$38,542$30,305$23,672$11,399
22 years$57,475$45,405$35,522$27,554$21,219$9,787
23 years$54,394$42,466$32,798$25,094$19,047$8,411
24 years$51,575$39,788$30,333$22,888$17,120$7,234
25 years$48,985$37,339$28,094$20,902$15,406$6,226
26 years$46,598$35,093$26,056$19,112$13,877$5,362
27 years$44,392$33,026$24,195$17,494$12,511$4,620
28 years$42,347$31,121$22,493$16,028$11,289$3,982
29 years$40,446$29,359$20,931$14,698$10,194$3,434
30 years$38,676$27,726$19,497$13,489$9,211$2,962
31 years$37,023$26,211$18,176$12,389$8,327$2,556
32 years$35,476$24,800$16,959$11,385$7,533$2,205
33 years$34,026$23,486$15,835$10,470$6,817$1,904
34 years$32,665$22,260$14,795$9,633$6,172$1,644
35 years$31,384$21,113$13,832$8,868$5,590$1,419
36 years$30,176$20,039$12,940$8,167$5,065$1,226
37 years$29,037$19,033$12,111$7,525$4,591$1,059
38 years$27,961$18,088$11,342$6,936$4,162$914
39 years$26,942$17,200$10,626$6,395$3,774$790
40 years$25,976$16,364$9,960$5,899$3,423$682
41 years$25,060$15,577$9,339$5,442$3,106$590
42 years$24,190$14,835$8,760$5,023$2,818$509
43 years$23,362$14,135$8,220$4,636$2,558$440
44 years$22,575$13,474$7,716$4,281$2,321$380
45 years$21,824$12,848$7,245$3,954$2,107$329
46 years$21,108$12,257$6,805$3,652$1,913$284
47 years$20,425$11,697$6,393$3,374$1,738$245
48 years$19,772$11,166$6,008$3,118$1,578$212
49 years$19,148$10,663$5,647$2,881$1,433$183
50 years$18,551$10,186$5,309$2,663$1,302$158

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $19,000,000, adding $6,181 every year, while hoping to spend $28,360 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: 68/12/20 Blend
39$19,000,000$19,000,000$19,000,000$19,000,000
40$20,944,376$19,937,376$19,642,876$22,264,254
41$23,050,527$20,884,132$20,270,737$24,094,472
42$25,370,556$21,876,329$20,918,682$26,091,914
43$27,926,247$22,916,164$21,587,352$28,276,235
44$30,741,607$24,005,939$22,277,411$30,665,852
45$33,843,090$25,148,069$22,989,544$33,281,035
46$37,259,849$26,345,088$23,724,457$36,144,093
47$41,024,007$27,599,652$24,482,880$39,279,584
48$45,170,965$28,914,543$25,265,565$42,714,541
49$49,739,731$30,292,684$26,073,290$46,478,726
50$54,773,293$31,737,135$26,906,855$50,604,901
51$60,319,022$33,251,108$27,767,087$55,129,141
52$66,429,120$34,837,969$28,654,842$60,091,162
53$73,161,110$36,501,249$29,570,999$65,534,699
54$80,578,384$38,244,652$30,516,468$71,507,909
55$88,750,798$40,072,058$31,492,189$78,063,821
56$97,755,330$41,987,540$32,499,128$85,260,833
57$107,676,811$43,995,367$33,538,286$93,163,257
58$118,608,723$46,100,016$34,610,695$101,841,922
59$130,654,078$48,306,183$35,717,420$111,374,834
60$143,926,399$50,618,791$36,859,558$121,847,908
61$158,550,783$53,043,003$38,038,245$133,355,771
62$174,665,087$55,584,234$39,254,650$146,002,652
63$192,421,227$58,248,163$40,509,981$159,903,354
64$211,986,612$61,040,743$41,805,486$175,184,336
65$233,545,728$63,968,220$43,142,451$191,984,895
66$257,301,871$67,037,142$44,522,203$210,458,474
67$283,479,078$70,254,378$45,946,112$230,774,102
68$312,324,231$73,627,130$47,415,594$253,117,985
69$344,109,394$77,162,950$48,932,107$277,695,246
70$379,134,378$80,869,761$50,497,159$304,731,863
71$417,729,574$84,755,868$52,112,303$334,476,784
72$460,259,070$88,829,985$53,779,144$367,204,271
73$507,124,088$93,101,248$55,499,339$403,216,475
74$558,766,774$97,579,238$57,274,596$442,846,284
75$615,674,369$102,274,004$59,106,679$486,460,445
76$678,383,810$107,196,086$60,997,408$534,463,020
77$747,486,800$112,356,535$62,948,662$587,299,189
78$823,635,391$117,766,944$64,962,381$645,459,433
79$907,548,145$123,439,468$67,040,564$709,484,158
80$1,000,016,911$129,386,857$69,185,278$779,968,775
81$1,101,914,305$135,622,481$71,398,654$857,569,312
82$1,214,201,946$142,160,365$73,682,891$943,008,589
83$1,337,939,537$149,015,216$76,040,260$1,037,083,025
84$1,474,294,865$156,202,457$78,473,105$1,140,670,139
85$1,624,554,831$163,738,266$80,983,843$1,254,736,819
86$1,790,137,592$171,639,610$83,574,970$1,380,348,429
87$1,972,605,957$179,924,281$86,249,062$1,518,678,847
88$2,173,682,136$188,610,943$89,008,777$1,671,021,527
89$2,395,264,003$197,719,168$91,856,860$1,838,801,691
90$2,639,443,008$207,269,484$94,796,142$2,023,589,759
91$2,908,523,927$217,283,421$97,829,545$2,227,116,152
92$3,205,046,619$227,783,560$100,960,086$2,451,287,603
93$3,531,810,002$238,793,583$104,190,877$2,698,205,137
94$3,891,898,482$250,338,328$107,525,131$2,970,183,874
95$4,288,711,069$262,443,848$110,966,165$3,269,774,862
96$4,725,993,467$275,137,465$114,517,400$3,599,789,127
97$5,207,873,435$288,447,836$118,182,368$3,963,324,188
98$5,738,899,763$302,405,017$121,964,714$4,363,793,260
99$6,324,085,208$317,040,532$125,868,201$4,804,957,451
100$6,968,953,825$332,387,444$129,896,712$5,290,961,231