Can I retire at age 40 with 15,100,000?

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 $15,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,167,891
2 years$617,299$605,802$594,660$583,857$573,379$537,208
3 years$407,445$395,899$384,785$374,083$363,775$328,772
4 years$302,538$291,027$280,025$269,506$259,447$225,881
5 years$239,611$228,169$217,311$207,006$197,228$165,189
6 years$197,673$186,317$175,619$165,545$156,060$125,577
7 years$167,729$156,469$145,940$136,103$126,918$97,990
8 years$145,281$134,123$123,769$114,174$105,291$77,900
9 years$127,831$116,778$106,602$97,251$88,670$62,787
10 years$113,879$102,934$92,938$83,831$75,551$51,139
11 years$102,471$91,636$81,821$72,958$64,977$41,994
12 years$92,972$82,248$72,614$63,994$56,307$34,707
13 years$84,940$74,328$64,876$56,497$49,101$28,833
14 years$78,061$67,562$58,292$50,152$43,042$24,054
15 years$72,105$61,719$52,629$44,727$37,897$20,135
16 years$66,899$56,626$47,716$40,048$33,494$16,903
17 years$62,310$52,150$43,420$35,983$29,698$14,222
18 years$58,235$48,189$39,637$32,428$26,406$11,990
19 years$54,593$44,661$36,286$29,301$23,536$10,124
20 years$51,320$41,502$33,301$26,538$21,023$8,561
21 years$48,362$38,657$30,631$24,085$18,813$7,247
22 years$45,677$36,085$28,231$21,899$16,863$6,140
23 years$43,229$33,750$26,066$19,943$15,138$5,207
24 years$40,988$31,621$24,107$18,190$13,606$4,418
25 years$38,930$29,675$22,328$16,612$12,243$3,751
26 years$37,033$27,890$20,708$15,189$11,028$3,187
27 years$35,280$26,247$19,229$13,903$9,943$2,708
28 years$33,655$24,733$17,876$12,738$8,972$2,302
29 years$32,144$23,333$16,635$11,681$8,101$1,958
30 years$30,737$22,035$15,495$10,720$7,320$1,665
31 years$29,423$20,830$14,445$9,846$6,618$1,417
32 years$28,194$19,710$13,478$9,048$5,986$1,205
33 years$27,042$18,666$12,584$8,321$5,418$1,026
34 years$25,960$17,691$11,758$7,656$4,905$873
35 years$24,942$16,779$10,993$7,048$4,443$743
36 years$23,982$15,926$10,284$6,491$4,025$633
37 years$23,077$15,126$9,625$5,980$3,648$539
38 years$22,221$14,375$9,014$5,512$3,308$459
39 years$21,411$13,669$8,445$5,083$2,999$391
40 years$20,644$13,005$7,915$4,688$2,721$333
41 years$19,916$12,380$7,422$4,325$2,468$283
42 years$19,225$11,790$6,962$3,992$2,240$241
43 years$18,567$11,234$6,533$3,685$2,033$205
44 years$17,941$10,708$6,132$3,402$1,845$175
45 years$17,345$10,211$5,758$3,142$1,675$149
46 years$16,776$9,741$5,408$2,902$1,521$127
47 years$16,233$9,296$5,081$2,681$1,381$108
48 years$15,714$8,874$4,775$2,478$1,254$92
49 years$15,218$8,474$4,488$2,290$1,139$78
50 years$14,743$8,095$4,219$2,117$1,035$67

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $15,100,000, adding $4,982 every year, while hoping to spend $34,208 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: 66/11/23 Blend
39$15,100,000$15,100,000$15,100,000$15,100,000
40$16,645,339$15,845,039$15,610,989$17,645,244
41$18,306,766$16,585,049$16,097,560$19,058,024
42$20,136,513$17,360,173$16,599,285$20,597,631
43$22,151,711$18,172,095$17,116,635$22,280,084
44$24,371,240$19,022,582$17,650,096$24,119,434
45$26,815,902$19,913,484$18,200,170$26,131,143
46$29,508,622$20,846,742$18,767,373$28,332,232
47$32,474,660$21,824,391$19,352,239$30,741,436
48$35,741,853$22,848,564$19,955,317$33,379,376
49$39,340,875$23,921,497$20,577,173$36,268,755
50$43,305,529$25,045,535$21,218,393$39,434,569
51$47,673,061$26,223,134$21,879,577$42,904,334
52$52,484,518$27,456,873$22,561,348$46,708,350
53$57,785,131$28,749,452$23,264,346$50,879,979
54$63,624,744$30,103,704$23,989,230$55,455,955
55$70,058,281$31,522,599$24,736,682$60,476,733
56$77,146,269$33,009,249$25,507,404$65,986,859
57$84,955,405$34,566,920$26,302,120$72,035,395
58$93,559,191$36,199,033$27,121,575$78,676,370
59$103,038,621$37,909,178$27,966,540$85,969,291
60$113,482,948$39,701,116$28,837,807$93,979,697
61$124,990,530$41,578,792$29,736,195$102,779,774
62$137,669,754$43,546,343$30,662,547$112,449,033
63$151,640,060$45,608,104$31,617,733$123,075,051
64$167,033,068$47,768,623$32,602,650$134,754,298
65$183,993,823$50,032,668$33,618,221$147,593,038
66$202,682,162$52,405,238$34,665,401$161,708,325
67$223,274,223$54,891,575$35,745,171$177,229,108
68$245,964,105$57,497,173$36,858,546$194,297,434
69$270,965,707$60,227,798$38,006,570$213,069,790
70$298,514,740$63,089,491$39,190,321$233,718,567
71$328,870,955$66,088,588$40,410,909$256,433,682
72$362,320,598$69,231,734$41,669,480$281,424,366
73$399,179,106$72,525,896$42,967,215$308,921,129
74$439,794,089$75,978,379$44,305,330$339,177,925
75$484,548,609$79,596,842$45,685,082$372,474,548
76$533,864,799$83,389,320$47,107,764$409,119,256
77$588,207,846$87,364,234$48,574,712$449,451,680
78$648,090,382$91,530,417$50,087,300$493,846,014
79$714,077,325$95,897,132$51,646,949$542,714,539
80$786,791,210$100,474,089$53,255,120$596,511,507
81$866,918,069$105,271,475$54,913,321$655,737,416
82$955,213,903$110,299,968$56,623,109$720,943,724
83$1,052,511,823$115,570,769$58,386,085$792,738,042
84$1,159,729,913$121,095,621$60,203,903$871,789,860
85$1,277,879,898$126,886,840$62,078,267$958,836,851
86$1,408,076,694$132,957,341$64,010,935$1,054,691,825
87$1,551,548,933$139,320,667$66,003,718$1,160,250,385
88$1,709,650,567$145,991,022$68,058,485$1,276,499,370
89$1,883,873,641$152,983,299$70,177,161$1,404,526,151
90$2,075,862,389$160,313,117$72,361,732$1,545,528,887
91$2,287,428,748$167,996,855$74,614,246$1,700,827,813
92$2,520,569,471$176,051,692$76,936,814$1,871,877,692
93$2,777,484,972$184,495,639$79,331,611$2,060,281,525
94$3,060,600,102$193,347,588$81,800,884$2,267,805,668
95$3,372,587,043$202,627,351$84,346,944$2,496,396,490
96$3,716,390,532$212,355,702$86,972,177$2,748,198,722
97$4,095,255,665$222,554,430$89,679,044$3,025,575,685
98$4,512,758,530$233,246,385$92,470,079$3,331,131,580
99$4,972,839,972$244,455,529$95,347,899$3,667,736,050
100$5,479,842,793$256,206,994$98,315,197$4,038,551,242