Can I retire at age 40 with 19,300,000?

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 $19,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$1,593,776$1,579,579$1,565,729$1,552,210$1,539,009$1,481,459
2 years$788,998$774,304$760,063$746,255$732,861$675,540
3 years$520,774$506,016$491,811$478,133$464,957$409,667
4 years$386,688$371,975$357,912$344,468$331,612$278,774
5 years$306,257$291,633$277,755$264,584$252,086$201,839
6 years$252,655$238,140$224,467$211,590$199,467$151,845
7 years$214,382$199,990$186,533$173,960$162,220$117,210
8 years$185,691$171,428$158,195$145,931$134,577$92,137
9 years$163,387$149,259$136,253$124,301$113,333$73,405
10 years$145,554$131,565$118,789$107,148$96,566$59,076
11 years$130,973$117,124$104,580$93,251$83,050$47,917
12 years$118,831$105,124$92,812$81,794$71,969$39,105
13 years$108,565$95,002$82,921$72,212$62,759$32,069
14 years$99,774$86,354$74,505$64,101$55,014$26,402
15 years$92,161$78,886$67,268$57,167$48,438$21,805
16 years$85,506$72,376$60,988$51,187$42,810$18,055
17 years$79,641$66,656$55,497$45,991$37,958$14,981
18 years$74,433$61,593$50,662$41,447$33,751$12,452
19 years$69,778$57,084$46,378$37,451$30,083$10,364
20 years$65,595$53,045$42,564$33,919$26,871$8,637
21 years$61,814$49,409$39,150$30,784$24,046$7,205
22 years$58,382$46,122$36,083$27,990$21,554$6,014
23 years$55,253$43,137$33,316$25,491$19,348$5,024
24 years$52,389$40,416$30,812$23,249$17,390$4,200
25 years$49,758$37,929$28,538$21,232$15,649$3,512
26 years$47,334$35,647$26,468$19,414$14,096$2,938
27 years$45,093$33,548$24,578$17,770$12,709$2,459
28 years$43,015$31,612$22,848$16,281$11,467$2,058
29 years$41,085$29,822$21,262$14,930$10,355$1,723
30 years$39,286$28,164$19,805$13,702$9,356$1,443
31 years$37,607$26,624$18,463$12,584$8,459$1,208
32 years$36,036$25,192$17,227$11,565$7,652$1,012
33 years$34,563$23,857$16,085$10,635$6,925$848
34 years$33,180$22,611$15,029$9,785$6,269$710
35 years$31,879$21,446$14,051$9,008$5,678$595
36 years$30,653$20,356$13,144$8,296$5,145$499
37 years$29,496$19,333$12,303$7,644$4,663$418
38 years$28,402$18,374$11,521$7,045$4,228$350
39 years$27,367$17,471$10,794$6,496$3,834$294
40 years$26,386$16,623$10,117$5,992$3,477$246
41 years$25,456$15,823$9,487$5,528$3,155$206
42 years$24,572$15,070$8,899$5,102$2,863$173
43 years$23,731$14,358$8,350$4,710$2,598$145
44 years$22,931$13,686$7,838$4,349$2,358$121
45 years$22,169$13,051$7,360$4,016$2,141$102
46 years$21,442$12,450$6,912$3,710$1,944$85
47 years$20,748$11,881$6,494$3,427$1,765$71
48 years$20,085$11,342$6,103$3,167$1,603$60
49 years$19,450$10,831$5,736$2,927$1,456$50
50 years$18,844$10,347$5,393$2,705$1,322$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $19,300,000, adding $4,229 every year, while hoping to spend $25,565 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: 43/36/21 Blend
39$19,300,000$19,300,000$19,300,000$19,300,000
40$21,272,962$20,250,062$19,950,912$22,057,387
41$23,415,603$21,215,114$20,592,067$23,578,457
42$25,775,937$22,226,597$21,253,843$25,222,589
43$28,376,141$23,286,759$21,936,905$27,003,390
44$31,240,654$24,397,957$22,641,938$28,933,480
45$34,396,407$25,562,663$23,369,650$31,026,708
46$37,873,077$26,783,470$24,120,769$33,298,274
47$41,703,367$28,063,096$24,896,051$35,764,865
48$45,923,314$29,404,391$25,696,272$38,444,802
49$50,572,631$30,810,345$26,522,237$41,358,209
50$55,695,081$32,284,093$27,374,773$44,527,184
51$61,338,887$33,828,922$28,254,736$47,976,008
52$67,557,194$35,448,279$29,163,009$51,731,356
53$74,408,562$37,145,780$30,100,505$55,822,541
54$81,957,527$38,925,214$31,068,163$60,281,780
55$90,275,204$40,790,559$32,066,956$65,144,485
56$99,439,961$42,745,983$33,097,886$70,449,581
57$109,538,160$44,795,858$34,161,987$76,239,869
58$120,664,967$46,944,770$35,260,328$82,562,408
59$132,925,256$49,197,527$36,394,013$89,468,949
60$146,434,598$51,559,172$37,564,178$97,016,406
61$161,320,348$54,034,992$38,771,999$105,267,382
62$177,722,852$56,630,535$40,018,689$114,290,738
63$195,796,767$59,351,616$41,305,499$124,162,228
64$215,712,527$62,204,334$42,633,723$134,965,197
65$237,657,945$65,195,087$44,004,693$146,791,350
66$261,839,993$68,330,583$45,419,788$159,741,592
67$288,486,749$71,617,859$46,880,427$173,926,968
68$317,849,555$75,064,291$48,388,079$189,469,682
69$350,205,387$78,677,619$49,944,257$206,504,235
70$385,859,473$82,465,959$51,550,526$225,178,665
71$425,148,169$86,437,821$53,208,499$245,655,923
72$468,442,139$90,602,131$54,919,841$268,115,384
73$516,149,854$94,968,252$56,686,271$292,754,515
74$568,721,443$99,546,001$58,509,566$319,790,706
75$626,652,951$104,345,675$60,391,557$349,463,301
76$690,491,013$109,378,074$62,334,135$382,035,816
77$760,838,020$114,654,523$64,339,252$417,798,402
78$838,357,805$120,186,902$66,408,924$457,070,545
79$923,781,908$125,987,668$68,545,231$500,204,050
80$1,017,916,486$132,069,887$70,750,319$547,586,323
81$1,121,649,919$138,447,262$73,026,406$599,643,986
82$1,235,961,199$145,134,167$75,375,779$656,846,872
83$1,361,929,174$152,145,674$77,800,800$719,712,406
84$1,500,742,731$159,497,592$80,303,908$788,810,454
85$1,653,712,019$167,206,504$82,887,618$864,768,652
86$1,822,280,820$175,289,798$85,554,529$948,278,282
87$2,008,040,179$183,765,714$88,307,321$1,040,100,747
88$2,212,743,425$192,653,381$91,148,764$1,141,074,703
89$2,438,322,721$201,972,863$94,081,714$1,252,123,922
90$2,686,907,308$211,745,203$97,109,121$1,374,265,955
91$2,960,843,607$221,992,472$100,234,030$1,508,621,671
92$3,262,717,369$232,737,816$103,459,584$1,656,425,778
93$3,595,378,087$244,005,516$106,789,027$1,819,038,412
94$3,961,965,900$255,821,035$110,225,707$1,997,957,900
95$4,365,941,237$268,211,080$113,773,083$2,194,834,838
96$4,811,117,484$281,203,664$117,434,723$2,411,487,592
97$5,301,696,992$294,828,168$121,214,310$2,649,919,380
98$5,842,310,743$309,115,406$125,115,647$2,912,337,105
99$6,438,062,077$324,097,699$129,142,660$3,201,172,093
100$7,094,574,870$339,808,948$133,299,400$3,519,102,954