Can I retire at age 40 with 19,200,000?

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 $19,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$1,585,518$1,571,395$1,557,616$1,544,167$1,531,035$1,515,046
2 years$784,910$770,292$756,124$742,388$729,064$712,963
3 years$518,075$503,394$489,263$475,655$462,548$446,834
4 years$384,684$370,048$356,058$342,683$329,893$314,687
5 years$304,671$290,122$276,316$263,213$250,780$236,126
6 years$251,346$236,907$223,304$210,494$198,433$184,350
7 years$213,271$198,954$185,567$173,059$161,380$147,873
8 years$184,728$170,540$157,375$145,175$133,880$120,949
9 years$162,540$148,486$135,547$123,656$112,746$100,387
10 years$144,800$130,883$118,173$106,593$96,065$84,270
11 years$130,295$116,517$104,038$92,768$82,619$71,377
12 years$118,216$104,580$92,331$81,370$71,596$60,896
13 years$108,003$94,510$82,492$71,837$62,433$52,263
14 years$99,257$85,907$74,119$63,769$54,729$45,074
15 years$91,683$78,477$66,919$56,871$48,187$39,033
16 years$85,063$72,001$60,672$50,922$42,588$33,919
17 years$79,228$66,311$55,209$45,753$37,762$29,562
18 years$74,047$61,274$50,399$41,233$33,576$25,830
19 years$69,417$56,788$46,138$37,257$29,927$22,617
20 years$65,255$52,770$42,343$33,743$26,731$19,841
21 years$61,494$49,153$38,947$30,624$23,921$17,433
22 years$58,080$45,883$35,896$27,845$21,442$15,339
23 years$54,967$42,913$33,144$25,359$19,248$13,513
24 years$52,118$40,207$30,652$23,128$17,300$11,917
25 years$49,501$37,732$28,390$21,122$15,568$10,520
26 years$47,089$35,462$26,330$19,313$14,023$9,293
27 years$44,859$33,374$24,450$17,678$12,643$8,216
28 years$42,793$31,448$22,730$16,197$11,408$7,268
29 years$40,872$29,668$21,152$14,853$10,301$6,433
30 years$39,083$28,018$19,702$13,631$9,308$5,697
31 years$37,412$26,486$18,368$12,519$8,415$5,047
32 years$35,850$25,062$17,137$11,505$7,612$4,473
33 years$34,384$23,734$16,001$10,580$6,889$3,966
34 years$33,008$22,494$14,951$9,735$6,237$3,517
35 years$31,714$21,335$13,978$8,961$5,649$3,120
36 years$30,494$20,250$13,076$8,253$5,118$2,768
37 years$29,343$19,233$12,239$7,604$4,639$2,456
38 years$28,255$18,278$11,461$7,009$4,206$2,180
39 years$27,225$17,381$10,738$6,463$3,814$1,936
40 years$26,249$16,537$10,065$5,961$3,459$1,719
41 years$25,324$15,741$9,437$5,500$3,138$1,526
42 years$24,444$14,991$8,853$5,075$2,848$1,355
43 years$23,608$14,284$8,307$4,685$2,584$1,204
44 years$22,812$13,615$7,798$4,326$2,346$1,069
45 years$22,054$12,984$7,322$3,995$2,130$950
46 years$21,331$12,386$6,877$3,690$1,934$844
47 years$20,640$11,820$6,460$3,410$1,756$750
48 years$19,980$11,284$6,071$3,151$1,595$666
49 years$19,350$10,775$5,706$2,912$1,448$592
50 years$18,746$10,293$5,365$2,691$1,315$526

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $19,200,000, adding $5,741 every year, while hoping to spend $36,052 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: 64/28/8 Blend
39$19,200,000$19,200,000$19,200,000$19,200,000
40$21,164,322$20,146,722$19,849,122$22,484,910
41$23,284,724$21,095,552$20,475,708$24,314,500
42$25,620,198$22,089,667$21,122,077$26,307,195
43$28,192,645$23,131,247$21,788,853$28,482,654
44$31,026,195$24,222,579$22,476,680$30,858,621
45$34,147,441$25,366,059$23,186,224$33,454,610
46$37,585,687$26,564,203$23,918,169$36,292,084
47$41,373,223$27,819,644$24,673,223$39,394,648
48$45,545,631$29,135,147$25,452,116$42,788,272
49$50,142,125$30,513,608$26,255,601$46,501,523
50$55,205,912$31,958,065$27,084,454$50,565,833
51$60,784,608$33,471,704$27,939,476$55,015,785
52$66,930,683$35,057,862$28,821,494$59,889,436
53$73,701,958$36,720,043$29,731,359$65,228,663
54$81,162,151$38,461,918$30,669,953$71,079,557
55$89,381,475$40,287,336$31,638,180$77,492,844
56$98,437,304$42,200,335$32,636,978$84,524,358
57$108,414,904$44,205,146$33,667,312$92,235,558
58$119,408,234$46,306,209$34,730,177$100,694,098
59$131,520,837$48,508,176$35,826,601$109,974,456
60$144,866,814$50,815,928$36,957,644$120,158,627
61$159,571,902$53,234,582$38,124,398$131,336,884
62$175,774,663$55,769,503$39,327,992$143,608,620
63$193,627,787$58,426,317$40,569,589$157,083,276
64$213,299,540$61,210,925$41,850,388$171,881,357
65$234,975,345$64,129,513$43,171,629$188,135,558
66$258,859,540$67,188,568$44,534,587$205,992,005
67$285,177,298$70,394,893$45,940,581$225,611,617
68$314,176,761$73,755,621$47,390,969$247,171,611
69$346,131,378$77,278,234$48,887,154$270,867,158
70$381,342,486$80,970,575$50,430,582$296,913,209
71$420,142,158$84,840,871$52,022,744$325,546,507
72$462,896,332$88,897,748$53,665,179$357,027,803
73$510,008,271$93,150,251$55,359,477$391,644,300
74$561,922,369$97,607,867$57,107,273$429,712,339
75$619,128,341$102,280,544$58,910,258$471,580,372
76$682,165,855$107,178,713$60,770,174$517,632,221
77$751,629,618$112,313,316$62,688,820$568,290,685
78$828,174,993$117,695,823$64,668,051$624,021,501
79$912,524,191$123,338,266$66,709,778$685,337,723
80$1,005,473,080$129,253,263$68,815,978$752,804,530
81$1,107,898,706$135,454,044$70,988,684$827,044,538
82$1,220,767,567$141,954,486$73,229,999$908,743,652
83$1,345,144,743$148,769,140$75,542,088$998,657,502
84$1,482,203,946$155,913,267$77,927,187$1,097,618,553
85$1,633,238,602$163,402,871$80,387,602$1,206,543,924
86$1,799,674,064$171,254,736$82,925,711$1,326,444,013
87$1,983,081,064$179,486,464$85,543,968$1,458,432,001
88$2,185,190,546$188,116,514$88,244,904$1,603,734,320
89$2,407,910,005$197,164,246$91,031,131$1,763,702,188
90$2,653,341,494$206,649,962$93,905,342$1,939,824,330
91$2,923,801,472$216,594,956$96,870,317$2,133,740,982
92$3,221,842,670$227,021,557$99,928,921$2,347,259,331
93$3,550,278,195$237,953,186$103,084,112$2,582,370,527
94$3,912,208,081$249,414,403$106,338,940$2,841,268,430
95$4,311,048,564$261,430,967$109,696,553$3,126,370,269
96$4,750,564,326$274,029,893$113,160,196$3,440,339,403
97$5,234,904,044$287,239,514$116,733,219$3,786,110,410
98$5,768,639,551$301,089,545$120,419,077$4,166,916,727
99$6,356,809,001$315,611,148$124,221,332$4,586,321,111
100$7,004,964,434$330,837,009$128,143,661$5,048,249,209