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%18.1%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,164,619
2 years$617,299$605,802$594,660$583,857$573,379$533,984
3 years$407,445$395,899$384,785$374,083$363,775$325,698
4 years$302,538$291,027$280,025$269,506$259,447$222,980
5 years$239,611$228,169$217,311$207,006$197,228$162,467
6 years$197,673$186,317$175,619$165,545$156,060$123,034
7 years$167,729$156,469$145,940$136,103$126,918$95,624
8 years$145,281$134,123$123,769$114,174$105,291$75,706
9 years$127,831$116,778$106,602$97,251$88,670$60,759
10 years$113,879$102,934$92,938$83,831$75,551$49,270
11 years$102,471$91,636$81,821$72,958$64,977$40,276
12 years$92,972$82,248$72,614$63,994$56,307$33,133
13 years$84,940$74,328$64,876$56,497$49,101$27,395
14 years$78,061$67,562$58,292$50,152$43,042$22,744
15 years$72,105$61,719$52,629$44,727$37,897$18,945
16 years$66,899$56,626$47,716$40,048$33,494$15,823
17 years$62,310$52,150$43,420$35,983$29,698$13,246
18 years$58,235$48,189$39,637$32,428$26,406$11,109
19 years$54,593$44,661$36,286$29,301$23,536$9,331
20 years$51,320$41,502$33,301$26,538$21,023$7,848
21 years$48,362$38,657$30,631$24,085$18,813$6,607
22 years$45,677$36,085$28,231$21,899$16,863$5,568
23 years$43,229$33,750$26,066$19,943$15,138$4,696
24 years$40,988$31,621$24,107$18,190$13,606$3,962
25 years$38,930$29,675$22,328$16,612$12,243$3,345
26 years$37,033$27,890$20,708$15,189$11,028$2,826
27 years$35,280$26,247$19,229$13,903$9,943$2,388
28 years$33,655$24,733$17,876$12,738$8,972$2,018
29 years$32,144$23,333$16,635$11,681$8,101$1,707
30 years$30,737$22,035$15,495$10,720$7,320$1,443
31 years$29,423$20,830$14,445$9,846$6,618$1,221
32 years$28,194$19,710$13,478$9,048$5,986$1,033
33 years$27,042$18,666$12,584$8,321$5,418$874
34 years$25,960$17,691$11,758$7,656$4,905$739
35 years$24,942$16,779$10,993$7,048$4,443$626
36 years$23,982$15,926$10,284$6,491$4,025$530
37 years$23,077$15,126$9,625$5,980$3,648$448
38 years$22,221$14,375$9,014$5,512$3,308$379
39 years$21,411$13,669$8,445$5,083$2,999$321
40 years$20,644$13,005$7,915$4,688$2,721$272
41 years$19,916$12,380$7,422$4,325$2,468$230
42 years$19,225$11,790$6,962$3,992$2,240$195
43 years$18,567$11,234$6,533$3,685$2,033$165
44 years$17,941$10,708$6,132$3,402$1,845$140
45 years$17,345$10,211$5,758$3,142$1,675$118
46 years$16,776$9,741$5,408$2,902$1,521$100
47 years$16,233$9,296$5,081$2,681$1,381$85
48 years$15,714$8,874$4,775$2,478$1,254$72
49 years$15,218$8,474$4,488$2,290$1,139$61
50 years$14,743$8,095$4,219$2,117$1,035$51

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 $6,879 every year, while hoping to spend $45,466 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: 59/21/20 Blend
39$15,100,000$15,100,000$15,100,000$15,100,000
40$16,647,296$15,846,996$15,612,946$17,541,322
41$18,296,944$16,575,123$16,087,604$18,876,682
42$20,113,333$17,337,405$16,576,639$20,326,786
43$22,113,422$18,135,466$17,080,486$21,907,275
44$24,315,899$18,971,012$17,599,589$23,630,768
45$26,741,356$19,845,827$18,134,411$25,511,141
46$29,412,484$20,761,782$18,685,424$27,563,658
47$32,354,288$21,720,840$19,253,116$29,805,110
48$35,594,320$22,725,056$19,837,990$32,253,969
49$39,162,943$23,776,586$20,440,565$34,930,555
50$43,093,612$24,877,687$21,061,373$37,857,231
51$47,423,195$26,030,728$21,700,963$41,058,602
52$52,192,317$27,238,191$22,359,902$44,561,744
53$57,445,747$28,502,675$23,038,772$48,396,460
54$63,232,815$29,826,908$23,738,173$52,595,548
55$69,607,884$31,213,749$24,458,723$57,195,112
56$76,630,857$32,666,192$25,201,060$62,234,890
57$84,367,748$34,187,378$25,965,838$67,758,630
58$92,891,298$35,780,599$26,753,734$73,814,494
59$102,281,668$37,449,307$27,565,442$80,455,504
60$112,627,194$39,197,118$28,401,679$87,740,039
61$124,025,216$41,027,825$29,263,184$95,732,376
62$136,583,002$42,945,403$30,150,715$104,503,292
63$150,418,761$44,954,020$31,065,056$114,130,724
64$165,662,751$47,058,044$32,007,013$124,700,492
65$182,458,519$49,262,056$32,977,415$136,307,108
66$200,964,248$51,570,856$33,977,118$149,054,655
67$221,354,252$53,989,479$35,007,002$163,057,759
68$243,820,624$56,523,201$36,067,975$178,442,664
69$268,575,045$59,177,556$37,160,969$195,348,415
70$295,850,786$61,958,342$38,286,948$213,928,156
71$325,904,906$64,871,641$39,446,901$234,350,566
72$359,020,683$67,923,828$40,641,849$256,801,441
73$395,510,283$71,121,586$41,872,841$281,485,438
74$435,717,712$74,471,924$43,140,961$308,627,988
75$480,022,058$77,982,187$44,447,323$338,477,415
76$528,841,073$81,660,080$45,793,074$371,307,270
77$582,635,116$85,513,677$47,179,395$407,418,890
78$641,911,497$89,551,447$48,607,504$447,144,237
79$707,229,269$93,782,266$50,078,654$490,849,011
80$779,204,501$98,215,444$51,594,136$538,936,084
81$858,516,099$102,860,740$53,155,279$591,849,294
82$945,912,212$107,728,387$54,763,451$650,077,608
83$1,042,217,293$112,829,113$56,420,062$714,159,725
84$1,148,339,887$118,174,170$58,126,564$784,689,142
85$1,265,281,203$123,775,351$59,884,451$862,319,733
86$1,394,144,568$129,645,026$61,695,263$947,771,902
87$1,536,145,844$135,796,163$63,560,585$1,041,839,362
88$1,692,624,904$142,242,359$65,482,048$1,145,396,606
89$1,865,058,282$148,997,872$67,461,334$1,259,407,135
90$2,055,073,112$156,077,653$69,500,174$1,384,932,532
91$2,264,462,490$163,497,378$71,600,350$1,523,142,452
92$2,495,202,400$171,273,485$73,763,698$1,675,325,644
93$2,749,470,369$179,423,211$75,992,107$1,842,902,079
94$3,029,666,027$187,964,629$78,287,523$2,027,436,334
95$3,338,433,758$196,916,691$80,651,950$2,230,652,322
96$3,678,687,663$206,299,271$83,087,453$2,454,449,541
97$4,053,639,077$216,133,208$85,596,155$2,700,920,966
98$4,466,826,882$226,440,354$88,180,245$2,972,372,772
99$4,922,150,916$237,243,623$90,841,975$3,271,346,074
100$5,423,908,793$248,567,045$93,583,665$3,600,640,865