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

Use the below retirement simulation to view the chances of a successful retirement.
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%14.1%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,183,661
2 years$617,299$605,802$594,660$583,857$573,379$552,854
3 years$407,445$395,899$384,785$374,083$363,775$343,799
4 years$302,538$291,027$280,025$269,506$259,447$240,175
5 years$239,611$228,169$217,311$207,006$197,228$178,714
6 years$197,673$186,317$175,619$165,545$156,060$138,325
7 years$167,729$156,469$145,940$136,103$126,918$109,968
8 years$145,281$134,123$123,769$114,174$105,291$89,122
9 years$127,831$116,778$106,602$97,251$88,670$73,274
10 years$113,879$102,934$92,938$83,831$75,551$60,914
11 years$102,471$91,636$81,821$72,958$64,977$51,082
12 years$92,972$82,248$72,614$63,994$56,307$43,138
13 years$84,940$74,328$64,876$56,497$49,101$36,637
14 years$78,061$67,562$58,292$50,152$43,042$31,262
15 years$72,105$61,719$52,629$44,727$37,897$26,779
16 years$66,899$56,626$47,716$40,048$33,494$23,013
17 years$62,310$52,150$43,420$35,983$29,698$19,831
18 years$58,235$48,189$39,637$32,428$26,406$17,129
19 years$54,593$44,661$36,286$29,301$23,536$14,824
20 years$51,320$41,502$33,301$26,538$21,023$12,851
21 years$48,362$38,657$30,631$24,085$18,813$11,157
22 years$45,677$36,085$28,231$21,899$16,863$9,698
23 years$43,229$33,750$26,066$19,943$15,138$8,439
24 years$40,988$31,621$24,107$18,190$13,606$7,350
25 years$38,930$29,675$22,328$16,612$12,243$6,407
26 years$37,033$27,890$20,708$15,189$11,028$5,589
27 years$35,280$26,247$19,229$13,903$9,943$4,878
28 years$33,655$24,733$17,876$12,738$8,972$4,260
29 years$32,144$23,333$16,635$11,681$8,101$3,722
30 years$30,737$22,035$15,495$10,720$7,320$3,253
31 years$29,423$20,830$14,445$9,846$6,618$2,844
32 years$28,194$19,710$13,478$9,048$5,986$2,487
33 years$27,042$18,666$12,584$8,321$5,418$2,176
34 years$25,960$17,691$11,758$7,656$4,905$1,904
35 years$24,942$16,779$10,993$7,048$4,443$1,666
36 years$23,982$15,926$10,284$6,491$4,025$1,459
37 years$23,077$15,126$9,625$5,980$3,648$1,277
38 years$22,221$14,375$9,014$5,512$3,308$1,118
39 years$21,411$13,669$8,445$5,083$2,999$979
40 years$20,644$13,005$7,915$4,688$2,721$858
41 years$19,916$12,380$7,422$4,325$2,468$751
42 years$19,225$11,790$6,962$3,992$2,240$658
43 years$18,567$11,234$6,533$3,685$2,033$576
44 years$17,941$10,708$6,132$3,402$1,845$505
45 years$17,345$10,211$5,758$3,142$1,675$442
46 years$16,776$9,741$5,408$2,902$1,521$388
47 years$16,233$9,296$5,081$2,681$1,381$340
48 years$15,714$8,874$4,775$2,478$1,254$298
49 years$15,218$8,474$4,488$2,290$1,139$261
50 years$14,743$8,095$4,219$2,117$1,035$228

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 $6,817 every year, while hoping to spend $23,668 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: 63/9/28 Blend
39$15,100,000$15,100,000$15,100,000$15,100,000
40$16,647,232$15,846,932$15,612,882$17,571,123
41$18,320,067$16,598,249$16,110,731$18,950,019
42$20,162,738$17,385,587$16,624,464$20,452,371
43$22,192,543$18,210,687$17,154,590$22,092,952
44$24,428,544$19,075,372$17,701,631$23,885,322
45$26,891,747$19,981,557$18,266,127$25,844,400
46$29,605,299$20,931,247$18,848,635$27,986,607
47$32,594,706$21,926,545$19,449,731$30,330,017
48$35,888,078$22,969,657$20,070,009$32,894,523
49$39,516,388$24,062,896$20,710,080$35,702,027
50$43,513,768$25,208,687$21,370,577$38,776,637
51$47,917,833$26,409,574$22,052,152$42,144,895
52$52,770,031$27,668,222$22,755,478$45,836,024
53$58,116,038$28,987,428$23,481,250$49,882,199
54$64,006,186$30,370,124$24,230,184$54,318,850
55$70,495,942$31,819,385$25,003,020$59,184,989
56$77,646,428$33,338,435$25,800,522$64,523,576
57$85,525,001$34,930,656$26,623,477$70,381,921
58$94,205,886$36,599,593$27,472,698$76,812,125
59$103,770,877$38,348,963$28,349,024$83,871,570
60$114,310,111$40,182,667$29,253,320$91,623,452
61$125,922,916$42,104,792$30,186,481$100,137,376
62$138,718,753$44,119,626$31,149,427$109,490,006
63$152,818,244$46,231,665$32,143,110$119,765,787
64$168,354,313$48,445,625$33,168,513$131,057,732
65$185,473,442$50,766,450$34,226,648$143,468,297
66$204,337,053$53,199,326$35,318,560$157,110,344
67$225,123,030$55,749,690$36,445,329$172,108,194
68$248,027,399$58,423,246$37,608,068$188,598,805
69$273,266,182$61,225,973$38,807,927$206,733,045
70$301,077,430$64,164,143$40,046,090$226,677,122
71$331,723,476$67,244,334$41,323,781$248,614,137
72$365,493,406$70,473,442$42,642,264$272,745,809
73$402,705,795$73,858,703$44,002,842$299,294,371
74$443,711,708$77,407,701$45,406,858$328,504,658
75$488,898,016$81,128,392$46,855,702$360,646,413
76$538,691,051$85,029,120$48,350,805$396,016,824
77$593,560,627$89,118,635$49,893,645$434,943,317
78$654,024,476$93,406,114$51,485,748$477,786,642
79$720,653,139$97,901,180$53,128,687$524,944,265
80$794,075,348$102,613,927$54,824,087$576,854,115
81$874,983,963$107,554,939$56,573,624$633,998,699
82$964,142,515$112,735,318$58,379,027$696,909,657
83$1,062,392,409$118,166,707$60,242,083$766,172,758
84$1,170,660,875$123,861,315$62,164,632$842,433,426
85$1,289,969,714$129,831,949$64,148,577$926,402,817
86$1,421,444,949$136,092,040$66,195,879$1,018,864,519
87$1,566,327,456$142,655,672$68,308,563$1,120,681,939
88$1,725,984,675$149,537,618$70,488,718$1,232,806,436
89$1,901,923,522$156,753,372$72,738,501$1,356,286,287
90$2,095,804,617$164,319,182$75,060,136$1,492,276,574
91$2,309,457,958$172,252,092$77,455,920$1,642,050,063
92$2,544,900,199$180,569,974$79,928,223$1,807,009,212
93$2,804,353,691$189,291,575$82,479,491$1,988,699,386
94$3,090,267,460$198,436,554$85,112,246$2,188,823,434
95$3,405,340,329$208,025,533$87,829,094$2,409,257,742
96$3,752,546,396$218,080,138$90,632,723$2,652,069,926
97$4,135,163,115$228,623,051$93,525,906$2,919,538,335
98$4,556,802,235$239,678,063$96,511,505$3,214,173,538
99$5,021,443,897$251,270,122$99,592,475$3,538,741,999
100$5,533,474,216$263,425,400$102,771,865$3,896,292,174