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%11.5%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,196,507
2 years$617,299$605,802$594,660$583,857$573,379$565,724
3 years$407,445$395,899$384,785$374,083$363,775$356,291
4 years$302,538$291,027$280,025$269,506$259,447$252,192
5 years$239,611$228,169$217,311$207,006$197,228$190,223
6 years$197,673$186,317$175,619$165,545$156,060$149,314
7 years$167,729$156,469$145,940$136,103$126,918$120,434
8 years$145,281$134,123$123,769$114,174$105,291$99,070
9 years$127,831$116,778$106,602$97,251$88,670$82,710
10 years$113,879$102,934$92,938$83,831$75,551$69,849
11 years$102,471$91,636$81,821$72,958$64,977$59,528
12 years$92,972$82,248$72,614$63,994$56,307$51,108
13 years$84,940$74,328$64,876$56,497$49,101$44,145
14 years$78,061$67,562$58,292$50,152$43,042$38,324
15 years$72,105$61,719$52,629$44,727$37,897$33,412
16 years$66,899$56,626$47,716$40,048$33,494$29,234
17 years$62,310$52,150$43,420$35,983$29,698$25,656
18 years$58,235$48,189$39,637$32,428$26,406$22,576
19 years$54,593$44,661$36,286$29,301$23,536$19,911
20 years$51,320$41,502$33,301$26,538$21,023$17,594
21 years$48,362$38,657$30,631$24,085$18,813$15,574
22 years$45,677$36,085$28,231$21,899$16,863$13,807
23 years$43,229$33,750$26,066$19,943$15,138$12,256
24 years$40,988$31,621$24,107$18,190$13,606$10,892
25 years$38,930$29,675$22,328$16,612$12,243$9,689
26 years$37,033$27,890$20,708$15,189$11,028$8,627
27 years$35,280$26,247$19,229$13,903$9,943$7,688
28 years$33,655$24,733$17,876$12,738$8,972$6,855
29 years$32,144$23,333$16,635$11,681$8,101$6,117
30 years$30,737$22,035$15,495$10,720$7,320$5,461
31 years$29,423$20,830$14,445$9,846$6,618$4,878
32 years$28,194$19,710$13,478$9,048$5,986$4,359
33 years$27,042$18,666$12,584$8,321$5,418$3,896
34 years$25,960$17,691$11,758$7,656$4,905$3,484
35 years$24,942$16,779$10,993$7,048$4,443$3,117
36 years$23,982$15,926$10,284$6,491$4,025$2,789
37 years$23,077$15,126$9,625$5,980$3,648$2,496
38 years$22,221$14,375$9,014$5,512$3,308$2,234
39 years$21,411$13,669$8,445$5,083$2,999$2,001
40 years$20,644$13,005$7,915$4,688$2,721$1,792
41 years$19,916$12,380$7,422$4,325$2,468$1,605
42 years$19,225$11,790$6,962$3,992$2,240$1,437
43 years$18,567$11,234$6,533$3,685$2,033$1,288
44 years$17,941$10,708$6,132$3,402$1,845$1,154
45 years$17,345$10,211$5,758$3,142$1,675$1,034
46 years$16,776$9,741$5,408$2,902$1,521$927
47 years$16,233$9,296$5,081$2,681$1,381$830
48 years$15,714$8,874$4,775$2,478$1,254$744
49 years$15,218$8,474$4,488$2,290$1,139$667
50 years$14,743$8,095$4,219$2,117$1,035$598

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 $6,043 every year, while hoping to spend $35,175 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: 62/21/17 Blend
39$15,100,000$15,100,000$15,100,000$15,100,000
40$16,646,433$15,846,133$15,612,083$17,606,725
41$18,306,944$16,585,168$16,097,662$18,992,827
42$20,135,647$17,359,236$16,598,329$20,500,848
43$22,149,662$18,170,018$17,114,552$22,146,304
44$24,367,852$19,019,274$17,646,814$23,942,559
45$26,811,004$19,908,849$18,195,614$25,904,306
46$29,502,023$20,840,679$18,761,463$28,047,713
47$32,466,149$21,816,792$19,344,891$30,390,565
48$35,731,196$22,839,314$19,946,445$32,952,429
49$39,327,812$23,910,475$20,566,686$35,754,837
50$43,289,773$25,032,612$21,206,193$38,821,481
51$47,654,295$26,208,176$21,865,566$42,178,434
52$52,462,391$27,439,734$22,545,421$45,854,391
53$57,759,255$28,729,981$23,246,392$49,880,937
54$63,594,688$30,081,739$23,969,135$54,292,835
55$70,023,571$31,497,969$24,714,326$59,128,353
56$77,106,380$32,981,774$25,482,660$64,429,615
57$84,909,758$34,536,408$26,274,857$70,243,000
58$93,507,144$36,165,284$27,091,656$76,619,564
59$102,979,467$37,871,976$27,933,820$83,615,523
60$113,415,906$39,660,237$28,802,137$91,292,774
61$124,914,737$41,533,997$29,697,417$99,719,470
62$137,584,256$43,497,379$30,620,496$108,970,660
63$151,543,805$45,554,705$31,572,238$119,128,986
64$166,924,896$47,710,509$32,553,531$130,285,458
65$183,872,452$49,969,540$33,565,291$142,540,300
66$202,546,177$52,336,783$34,608,463$156,003,892
67$223,122,063$54,817,460$35,684,022$170,797,802
68$245,794,048$57,417,050$36,792,971$187,055,918
69$270,775,852$60,141,297$37,936,347$204,925,712
70$298,302,990$62,996,222$39,115,216$224,569,609
71$328,634,999$65,988,141$40,330,679$246,166,521
72$362,057,883$69,123,674$41,583,871$269,913,515
73$398,886,818$72,409,765$42,875,962$296,027,668
74$439,469,124$75,853,694$44,208,157$324,748,098
75$484,187,545$79,463,095$45,581,700$356,338,211
76$533,463,860$83,245,972$46,997,873$391,088,173
77$587,762,869$87,210,720$48,457,997$429,317,635
78$647,596,776$91,366,140$49,963,434$471,378,735
79$713,530,027$95,721,461$51,515,590$517,659,403
80$786,184,639$100,286,362$53,115,911$568,587,015
81$866,246,070$105,070,991$54,765,892$624,632,399
82$954,469,691$110,085,991$56,467,071$686,314,272
83$1,051,687,917$115,342,522$58,221,035$754,204,109
84$1,158,818,064$120,852,286$60,029,420$828,931,525
85$1,276,871,013$126,627,554$61,893,911$911,190,192
86$1,406,960,748$132,681,196$63,816,249$1,001,744,370
87$1,550,314,876$139,026,706$65,798,226$1,101,436,097
88$1,708,286,216$145,678,237$67,841,688$1,211,193,116
89$1,882,365,567$152,650,628$69,948,542$1,332,037,605
90$2,074,195,789$159,959,442$72,120,752$1,465,095,805
91$2,285,587,304$167,621,000$74,360,342$1,611,608,620
92$2,518,535,196$175,652,416$76,669,400$1,772,943,308
93$2,775,238,039$184,071,637$79,050,078$1,950,606,356
94$3,058,118,658$192,897,486$81,504,595$2,146,257,672
95$3,369,847,000$202,149,702$84,035,238$2,361,726,219
96$3,713,365,340$211,848,984$86,644,364$2,599,027,254
97$4,091,916,061$222,017,040$89,334,406$2,860,381,310
98$4,509,072,259$232,676,635$92,107,869$3,148,235,128
99$4,968,771,484$243,851,645$94,967,337$3,465,284,710
100$5,475,352,906$255,567,106$97,915,474$3,814,500,738