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%12.9%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,189,542
2 years$617,299$605,802$594,660$583,857$573,379$558,733
3 years$407,445$395,899$384,785$374,083$363,775$349,491
4 years$302,538$291,027$280,025$269,506$259,447$245,636
5 years$239,611$228,169$217,311$207,006$197,228$183,928
6 years$197,673$186,317$175,619$165,545$156,060$143,289
7 years$167,729$156,469$145,940$136,103$126,918$114,681
8 years$145,281$134,123$123,769$114,174$105,291$93,586
9 years$127,831$116,778$106,602$97,251$88,670$77,493
10 years$113,879$102,934$92,938$83,831$75,551$64,894
11 years$102,471$91,636$81,821$72,958$64,977$54,830
12 years$92,972$82,248$72,614$63,994$56,307$46,660
13 years$84,940$74,328$64,876$56,497$49,101$39,941
14 years$78,061$67,562$58,292$50,152$43,042$34,355
15 years$72,105$61,719$52,629$44,727$37,897$29,671
16 years$66,899$56,626$47,716$40,048$33,494$25,713
17 years$62,310$52,150$43,420$35,983$29,698$22,347
18 years$58,235$48,189$39,637$32,428$26,406$19,470
19 years$54,593$44,661$36,286$29,301$23,536$16,999
20 years$51,320$41,502$33,301$26,538$21,023$14,868
21 years$48,362$38,657$30,631$24,085$18,813$13,025
22 years$45,677$36,085$28,231$21,899$16,863$11,426
23 years$43,229$33,750$26,066$19,943$15,138$10,035
24 years$40,988$31,621$24,107$18,190$13,606$8,823
25 years$38,930$29,675$22,328$16,612$12,243$7,763
26 years$37,033$27,890$20,708$15,189$11,028$6,837
27 years$35,280$26,247$19,229$13,903$9,943$6,025
28 years$33,655$24,733$17,876$12,738$8,972$5,313
29 years$32,144$23,333$16,635$11,681$8,101$4,687
30 years$30,737$22,035$15,495$10,720$7,320$4,137
31 years$29,423$20,830$14,445$9,846$6,618$3,653
32 years$28,194$19,710$13,478$9,048$5,986$3,227
33 years$27,042$18,666$12,584$8,321$5,418$2,851
34 years$25,960$17,691$11,758$7,656$4,905$2,520
35 years$24,942$16,779$10,993$7,048$4,443$2,228
36 years$23,982$15,926$10,284$6,491$4,025$1,970
37 years$23,077$15,126$9,625$5,980$3,648$1,743
38 years$22,221$14,375$9,014$5,512$3,308$1,541
39 years$21,411$13,669$8,445$5,083$2,999$1,364
40 years$20,644$13,005$7,915$4,688$2,721$1,207
41 years$19,916$12,380$7,422$4,325$2,468$1,068
42 years$19,225$11,790$6,962$3,992$2,240$945
43 years$18,567$11,234$6,533$3,685$2,033$837
44 years$17,941$10,708$6,132$3,402$1,845$741
45 years$17,345$10,211$5,758$3,142$1,675$656
46 years$16,776$9,741$5,408$2,902$1,521$580
47 years$16,233$9,296$5,081$2,681$1,381$514
48 years$15,714$8,874$4,775$2,478$1,254$455
49 years$15,218$8,474$4,488$2,290$1,139$403
50 years$14,743$8,095$4,219$2,117$1,035$357

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 $2,302 every year, while hoping to spend $21,736 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: 63/7/30 Blend
39$15,100,000$15,100,000$15,100,000$15,100,000
40$16,642,575$15,842,275$15,608,225$17,556,717
41$18,316,990$16,595,419$16,107,973$18,931,430
42$20,161,468$17,384,739$16,623,735$20,429,905
43$22,193,331$18,211,984$17,156,023$22,066,386
44$24,431,668$19,078,990$17,705,368$23,854,423
45$26,897,517$19,987,679$18,272,316$25,808,932
46$29,614,057$20,940,069$18,857,432$27,946,331
47$32,606,834$21,938,275$19,461,299$30,284,690
48$35,903,997$22,984,516$20,084,519$32,843,901
49$39,536,565$24,081,118$20,727,710$35,645,863
50$43,538,722$25,230,519$21,391,515$38,714,686
51$47,948,135$26,435,279$22,076,595$42,076,914
52$52,806,315$27,698,078$22,783,631$45,761,776
53$58,159,005$29,021,729$23,513,328$49,801,452
54$64,056,612$30,409,182$24,266,414$54,231,382
55$70,554,685$31,863,531$25,043,637$59,090,590
56$77,714,436$33,388,018$25,845,773$64,422,051
57$85,603,323$34,986,044$26,673,620$70,273,097
58$94,295,679$36,661,178$27,528,003$76,695,852
59$103,873,421$38,417,158$28,409,774$83,747,726
60$114,426,820$40,257,909$29,319,812$91,491,951
61$126,055,352$42,187,543$30,259,022$99,998,173
62$138,868,640$44,210,375$31,228,341$109,343,105
63$152,987,486$46,330,928$32,228,735$119,611,248
64$168,545,013$48,553,947$33,261,201$130,895,682
65$185,687,921$50,884,407$34,326,768$143,298,937
66$204,577,872$53,327,526$35,426,498$156,933,963
67$225,393,017$55,888,776$36,561,487$171,925,184
68$248,329,674$58,573,896$37,732,867$188,409,670
69$273,604,187$61,388,904$38,941,805$206,538,421
70$301,454,965$64,340,110$40,189,506$226,477,794
71$332,144,731$67,434,136$41,477,214$248,411,059
72$365,963,007$70,677,921$42,806,213$272,540,126
73$403,228,841$74,078,746$44,177,829$299,087,444
74$444,293,824$77,644,247$45,593,428$328,298,093
75$489,545,409$81,382,430$47,054,423$360,442,092
76$539,410,564$85,301,692$48,562,269$395,816,937
77$594,359,809$89,410,842$50,118,472$434,750,402
78$654,911,651$93,719,115$51,724,582$477,603,628
79$721,637,486$98,236,198$53,382,202$524,774,519
80$795,166,988$102,972,251$55,092,985$576,701,492
81$876,194,058$107,937,928$56,858,638$633,867,606
82$965,483,371$113,144,405$58,680,921$696,805,110
83$1,063,877,595$118,603,402$60,561,652$766,100,461
84$1,172,305,350$124,327,209$62,502,707$842,399,846
85$1,291,789,972$130,328,718$64,506,024$926,415,274
86$1,423,459,173$136,621,449$66,573,600$1,018,931,282
87$1,568,555,692$143,219,583$68,707,499$1,120,812,336
88$1,728,449,021$150,137,992$70,909,849$1,233,010,973
89$1,904,648,341$157,392,273$73,182,848$1,356,576,781
90$2,098,816,763$164,998,786$75,528,765$1,492,666,298
91$2,312,787,035$172,974,688$77,949,940$1,642,553,914
92$2,548,578,839$181,337,974$80,448,790$1,807,643,883
93$2,808,417,865$190,107,519$83,027,809$1,989,483,573
94$3,094,756,816$199,303,117$85,689,570$2,189,778,049
95$3,410,298,571$208,945,529$88,436,730$2,410,406,161
96$3,758,021,697$219,056,532$91,272,032$2,653,438,256
97$4,141,208,571$229,658,962$94,198,306$2,921,155,715
98$4,563,476,368$240,776,775$97,218,472$3,216,072,461
99$5,028,811,214$252,435,093$100,335,547$3,540,958,682
100$5,541,605,811$264,660,266$103,552,642$3,898,866,956