Can I retire at age 40 with 19,900,000?

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 $19,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,541,619
2 years$813,526$798,375$783,691$769,454$755,645$710,424
3 years$536,964$521,747$507,100$492,997$479,412$435,621
4 years$398,709$383,539$369,039$355,176$341,921$299,896
5 years$315,778$300,700$286,390$272,810$259,923$219,779
6 years$260,509$245,544$231,445$218,168$205,668$167,443
7 years$221,047$206,207$192,332$179,368$167,263$130,956
8 years$191,463$176,758$163,113$150,467$138,761$104,352
9 years$168,466$153,899$140,489$128,165$116,857$84,312
10 years$150,079$135,655$122,482$110,479$99,568$68,843
11 years$135,045$120,765$107,831$96,150$85,632$56,677
12 years$122,526$108,393$95,697$84,337$74,207$46,966
13 years$111,940$97,955$85,499$74,457$64,710$39,123
14 years$102,875$89,039$76,821$66,094$56,724$32,729
15 years$95,026$81,338$69,359$58,944$49,944$27,475
16 years$88,165$74,626$62,885$52,778$44,141$23,130
17 years$82,117$68,728$57,222$47,421$39,138$19,519
18 years$76,747$63,508$52,237$42,736$34,800$16,505
19 years$71,948$58,858$47,820$38,615$31,018$13,979
20 years$67,634$54,694$43,887$34,974$27,706$11,856
21 years$63,736$50,945$40,367$31,741$24,794$10,067
22 years$60,197$47,556$37,205$28,860$22,224$8,556
23 years$56,971$44,478$34,352$26,283$19,950$7,279
24 years$54,018$41,673$31,770$23,972$17,931$6,196
25 years$51,305$39,108$29,425$21,892$16,135$5,278
26 years$48,805$36,755$27,290$20,017$14,534$4,498
27 years$46,495$34,591$25,342$18,322$13,104$3,835
28 years$44,353$32,595$23,558$16,787$11,824$3,270
29 years$42,362$30,749$21,923$15,394$10,676$2,790
30 years$40,508$29,040$20,420$14,128$9,647$2,381
31 years$38,776$27,452$19,037$12,975$8,722$2,032
32 years$37,157$25,975$17,762$11,925$7,889$1,735
33 years$35,638$24,599$16,585$10,966$7,140$1,482
34 years$34,212$23,314$15,496$10,090$6,464$1,265
35 years$32,870$22,113$14,487$9,288$5,855$1,081
36 years$31,606$20,989$13,553$8,554$5,305$923
37 years$30,413$19,934$12,685$7,881$4,808$789
38 years$29,285$18,945$11,879$7,264$4,359$674
39 years$28,218$18,015$11,129$6,698$3,953$576
40 years$27,206$17,139$10,432$6,178$3,585$492
41 years$26,247$16,315$9,781$5,700$3,253$420
42 years$25,336$15,538$9,175$5,260$2,952$359
43 years$24,469$14,805$8,610$4,856$2,679$307
44 years$23,644$14,112$8,082$4,484$2,431$262
45 years$22,858$13,457$7,589$4,141$2,207$224
46 years$22,108$12,837$7,127$3,825$2,004$192
47 years$21,393$12,251$6,696$3,534$1,820$164
48 years$20,709$11,695$6,292$3,265$1,653$140
49 years$20,055$11,168$5,914$3,018$1,501$120
50 years$19,429$10,668$5,560$2,789$1,363$102

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $19,900,000, adding $4,652 every year, while hoping to spend $33,998 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: 82/12/6 Blend
39$19,900,000$19,900,000$19,900,000$19,900,000
40$21,934,599$20,879,899$20,571,449$23,724,539
41$24,135,754$21,866,840$21,224,418$25,882,068
42$26,560,288$22,901,002$21,898,123$28,245,035
43$29,230,949$23,984,663$22,593,222$30,837,972
44$32,172,805$25,120,210$23,310,394$33,683,877
45$35,413,479$26,310,149$24,050,341$36,808,068
46$38,983,413$27,557,105$24,813,786$40,238,429
47$42,916,149$28,863,831$25,601,476$44,005,664
48$47,248,652$30,233,215$26,414,181$48,143,586
49$52,021,654$31,668,282$27,252,696$52,689,434
50$57,280,042$33,172,207$28,117,840$57,684,219
51$63,073,279$34,748,318$29,010,461$63,173,110
52$69,455,873$36,400,105$29,931,431$69,205,856
53$76,487,889$38,131,227$30,881,650$75,837,250
54$84,235,517$39,945,520$31,862,049$83,127,645
55$92,771,697$41,847,009$32,873,585$91,143,520
56$102,176,809$43,839,911$33,917,250$99,958,101
57$112,539,429$45,928,651$34,994,062$109,652,048
58$123,957,163$48,117,868$36,105,076$120,314,214
59$136,537,576$50,412,426$37,251,378$132,042,476
60$150,399,200$52,817,426$38,434,091$144,944,657
61$165,672,656$55,338,217$39,654,370$159,139,537
62$182,501,885$57,980,408$40,913,409$174,757,968
63$201,045,509$60,749,880$42,212,441$191,944,103
64$221,478,330$63,652,803$43,552,736$210,856,755
65$243,992,972$66,695,643$44,935,606$231,670,884
66$268,801,710$69,885,184$46,362,403$254,579,246
67$296,138,464$73,228,538$47,834,523$279,794,205
68$326,261,015$76,733,164$49,353,408$307,549,729
69$359,453,434$80,406,885$50,920,542$338,103,593
70$396,028,765$84,257,902$52,537,460$371,739,804
71$436,331,978$88,294,818$54,205,744$408,771,273
72$480,743,229$92,526,654$55,927,027$449,542,761
73$529,681,448$96,962,869$57,702,992$494,434,125
74$583,608,291$101,613,386$59,535,377$543,863,892
75$643,032,501$106,488,606$61,425,977$598,293,204
76$708,514,710$111,599,441$63,376,641$658,230,159
77$780,672,730$116,957,334$65,389,278$724,234,597
78$860,187,389$122,574,283$67,465,859$796,923,371
79$947,808,952$128,462,873$69,608,415$876,976,165
80$1,044,364,213$134,636,301$71,819,044$965,141,892
81$1,150,764,290$141,108,407$74,099,910$1,062,245,753
82$1,268,013,236$147,893,707$76,453,245$1,169,197,014
83$1,397,217,510$155,007,423$78,881,352$1,286,997,578
84$1,539,596,428$162,465,519$81,386,610$1,416,751,423
85$1,696,493,672$170,284,737$83,971,469$1,559,675,015
86$1,869,389,974$178,482,637$86,638,462$1,717,108,770
87$2,059,917,099$187,077,634$89,390,198$1,890,529,695
88$2,269,873,245$196,089,040$92,229,371$2,081,565,314
89$2,501,240,023$205,537,110$95,158,762$2,292,009,012
90$2,756,201,163$215,443,086$98,181,238$2,523,836,947
91$3,037,163,131$225,829,246$101,299,759$2,779,226,686
92$3,346,777,847$236,718,957$104,517,378$3,060,577,741
93$3,687,967,723$248,136,721$107,837,245$3,370,534,201
94$4,063,953,250$260,108,239$111,262,612$3,712,009,667
95$4,478,283,404$272,660,466$114,796,833$4,088,214,739
96$4,934,869,153$285,821,670$118,443,368$4,502,687,295
97$5,438,020,374$299,621,500$122,205,788$4,959,325,869
98$5,992,486,549$314,091,050$126,087,779$5,462,426,425
99$6,603,501,598$329,262,933$130,093,141$6,016,722,884
100$7,276,833,298$345,171,353$134,225,798$6,627,431,789