Can I retire at age 40 with 19,400,000?

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 $19,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$1,602,034$1,587,764$1,573,841$1,560,252$1,546,983$1,526,387
2 years$793,086$778,316$764,001$750,121$736,659$715,941
3 years$523,472$508,638$494,359$480,610$467,367$447,172
4 years$388,691$373,903$359,767$346,252$333,330$313,813
5 years$307,844$293,144$279,194$265,955$253,392$234,611
6 years$253,964$239,374$225,630$212,686$200,500$182,477
7 years$215,493$201,026$187,500$174,861$163,061$145,801
8 years$186,653$172,317$159,015$146,687$135,274$118,777
9 years$164,233$150,033$136,959$124,945$113,921$98,177
10 years$146,308$132,246$119,404$107,703$97,066$82,066
11 years$131,652$117,731$105,121$93,734$83,480$69,209
12 years$119,447$105,669$93,293$82,218$72,342$58,785
13 years$109,128$95,494$83,351$72,586$63,084$50,221
14 years$100,290$86,801$74,891$64,434$55,299$43,112
15 years$92,638$79,295$67,617$57,463$48,689$37,158
16 years$85,949$72,751$61,304$51,452$43,032$32,134
17 years$80,053$67,001$55,784$46,229$38,155$27,868
18 years$74,818$61,912$50,924$41,662$33,926$24,228
19 years$70,140$57,380$46,619$37,645$30,239$21,107
20 years$65,934$53,320$42,784$34,095$27,010$18,421
21 years$62,135$49,665$39,353$30,943$24,171$16,101
22 years$58,685$46,361$36,270$28,135$21,666$14,092
23 years$55,539$43,360$33,489$25,623$19,448$12,348
24 years$52,661$40,626$30,972$23,369$17,481$10,831
25 years$50,016$38,125$28,686$21,342$15,730$9,508
26 years$47,579$35,832$26,605$19,514$14,169$8,354
27 years$45,326$33,722$24,705$17,862$12,774$7,344
28 years$43,238$31,776$22,966$16,365$11,527$6,460
29 years$41,298$29,977$21,372$15,007$10,408$5,686
30 years$39,490$28,310$19,907$13,773$9,404$5,006
31 years$37,802$26,762$18,559$12,649$8,503$4,410
32 years$36,223$25,323$17,316$11,625$7,691$3,886
33 years$34,743$23,981$16,168$10,690$6,961$3,425
34 years$33,352$22,728$15,106$9,836$6,302$3,019
35 years$32,044$21,558$14,123$9,055$5,708$2,663
36 years$30,812$20,461$13,212$8,339$5,172$2,349
37 years$29,648$19,434$12,366$7,683$4,687$2,072
38 years$28,549$18,469$11,581$7,082$4,249$1,828
39 years$27,509$17,562$10,850$6,530$3,854$1,613
40 years$26,523$16,709$10,169$6,023$3,495$1,424
41 years$25,587$15,905$9,536$5,557$3,171$1,257
42 years$24,699$15,148$8,945$5,128$2,877$1,109
43 years$23,854$14,433$8,393$4,734$2,611$979
44 years$23,050$13,757$7,879$4,371$2,370$865
45 years$22,284$13,119$7,398$4,037$2,152$763
46 years$21,553$12,515$6,948$3,729$1,954$674
47 years$20,855$11,943$6,528$3,445$1,774$595
48 years$20,189$11,401$6,134$3,183$1,611$526
49 years$19,551$10,887$5,766$2,942$1,463$464
50 years$18,941$10,400$5,421$2,719$1,329$410

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $19,400,000, adding $4,833 every year, while hoping to spend $46,710 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: 67/11/22 Blend
39$19,400,000$19,400,000$19,400,000$19,400,000
40$21,383,785$20,355,585$20,054,885$22,696,810
41$23,515,232$21,303,310$20,677,025$24,525,791
42$25,862,521$22,295,907$21,318,441$26,519,390
43$28,447,619$23,335,527$21,979,729$28,698,521
44$31,294,731$24,424,423$22,661,505$31,081,456
45$34,430,530$25,564,957$23,364,402$33,688,305
46$37,884,409$26,759,604$24,089,074$36,541,204
47$41,688,755$28,010,961$24,836,194$39,664,520
48$45,879,258$29,321,748$25,606,457$43,085,076
49$50,495,248$30,694,820$26,400,579$46,832,402
50$55,580,063$32,133,165$27,219,297$50,939,009
51$61,181,459$33,639,919$28,063,373$55,440,694
52$67,352,062$35,218,370$28,933,591$60,376,869
53$74,149,865$36,871,963$29,830,759$65,790,935
54$81,638,773$38,604,310$30,755,711$71,730,681
55$89,889,206$40,419,200$31,709,305$78,248,735
56$98,978,767$42,320,603$32,692,429$85,403,052
57$108,992,970$44,312,681$33,705,994$93,257,462
58$120,026,050$46,399,800$34,750,942$101,882,257
59$132,181,852$48,586,535$35,828,244$111,354,861
60$145,574,810$50,877,684$36,938,899$121,760,545
61$160,331,028$53,278,278$38,083,939$133,193,231
62$176,589,469$55,793,590$39,264,427$145,756,374
63$194,503,268$58,429,149$40,481,459$159,563,926
64$214,241,177$61,190,753$41,736,164$174,741,409
65$235,989,158$64,084,481$43,029,706$191,427,092
66$259,952,138$67,116,706$44,363,287$209,773,291
67$286,355,942$70,294,111$45,738,144$229,947,793
68$315,449,429$73,623,703$47,155,551$252,135,440
69$347,506,833$77,112,827$48,616,826$276,539,857
70$382,830,363$80,769,188$50,123,322$303,385,374
71$421,753,044$84,600,863$51,676,437$332,919,127
72$464,641,869$88,616,319$53,277,612$365,413,387
73$511,901,260$92,824,439$54,928,332$401,168,117
74$563,976,885$97,234,533$56,630,128$440,513,795
75$621,359,867$101,856,365$58,384,577$483,814,521
76$684,591,420$106,700,173$60,193,307$531,471,448
77$754,267,955$111,776,693$62,057,994$583,926,551
78$831,046,716$117,097,180$63,980,366$641,666,790
79$915,651,979$122,673,440$65,962,206$705,228,695
80$1,008,881,891$128,517,848$68,005,350$775,203,417
81$1,111,616,007$134,643,386$70,111,692$852,242,294
82$1,224,823,589$141,063,661$72,283,183$937,062,987
83$1,349,572,761$147,792,947$74,521,836$1,030,456,238
84$1,487,040,590$154,846,209$76,829,725$1,133,293,323
85$1,638,524,197$162,239,139$79,208,987$1,246,534,254
86$1,805,453,004$169,988,196$81,661,826$1,371,236,832
87$1,989,402,228$178,110,635$84,190,515$1,508,566,611
88$2,192,107,753$186,624,554$86,797,396$1,659,807,884
89$2,415,482,516$195,548,930$89,484,881$1,826,375,790
90$2,661,634,568$204,903,663$92,255,460$2,009,829,648
91$2,932,886,974$214,709,622$95,111,697$2,211,887,661
92$3,231,799,744$224,988,692$98,056,238$2,434,443,117
93$3,561,194,002$235,763,823$101,091,807$2,679,582,231
94$3,924,178,622$247,059,082$104,221,214$2,949,603,825
95$4,324,179,572$258,899,707$107,447,355$3,247,041,001
96$4,764,972,264$271,312,168$110,773,216$3,574,685,029
97$5,250,717,190$284,324,220$114,201,875$3,935,611,672
98$5,785,999,208$297,964,971$117,736,502$4,333,210,193
99$6,375,870,822$312,264,949$121,380,369$4,771,215,324
100$7,025,899,880$327,256,166$125,136,846$5,253,742,493