Can I retire at age 40 with 15,200,000?

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 $15,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$1,255,202$1,244,021$1,233,113$1,222,466$1,212,069$1,196,923
2 years$621,387$609,814$598,598$587,724$577,176$561,936
3 years$410,143$398,520$387,333$376,560$366,184$351,323
4 years$304,542$292,955$281,879$271,291$261,166$246,799
5 years$241,198$229,680$218,750$208,377$198,534$184,703
6 years$198,982$187,551$176,782$166,641$157,093$143,814
7 years$168,840$157,505$146,907$137,005$127,759$115,037
8 years$146,243$135,011$124,589$114,930$105,988$93,823
9 years$128,678$117,551$107,308$97,895$89,257$77,643
10 years$114,633$103,616$93,554$84,386$76,052$64,980
11 years$103,150$92,243$82,363$73,441$65,407$54,869
12 years$93,587$82,792$73,095$64,418$56,680$46,663
13 years$85,502$74,820$65,306$56,871$49,426$39,918
14 years$78,578$68,009$58,678$50,484$43,327$34,313
15 years$72,583$62,128$52,978$45,023$38,148$29,614
16 years$67,342$57,001$48,032$40,313$33,716$25,646
17 years$62,722$52,496$43,707$36,221$29,895$22,273
18 years$58,621$48,509$39,899$32,642$26,581$19,391
19 years$54,955$44,957$36,526$29,495$23,692$16,918
20 years$51,660$41,776$33,522$26,714$21,162$14,787
21 years$48,683$38,913$30,833$24,244$18,938$12,944
22 years$45,980$36,324$28,418$22,044$16,975$11,346
23 years$43,515$33,973$26,239$20,076$15,238$9,957
24 years$41,260$31,831$24,266$18,310$13,696$8,747
25 years$39,188$29,871$22,476$16,722$12,324$7,691
26 years$37,279$28,074$20,845$15,290$11,101$6,768
27 years$35,514$26,421$19,356$13,995$10,009$5,960
28 years$33,877$24,897$17,994$12,822$9,031$5,251
29 years$32,357$23,487$16,745$11,758$8,155$4,629
30 years$30,941$22,181$15,598$10,791$7,368$4,082
31 years$29,618$20,968$14,541$9,911$6,662$3,602
32 years$28,381$19,840$13,567$9,108$6,026$3,179
33 years$27,221$18,789$12,668$8,376$5,454$2,807
34 years$26,132$17,808$11,836$7,707$4,938$2,479
35 years$25,107$16,890$11,066$7,094$4,472$2,189
36 years$24,141$16,032$10,352$6,534$4,052$1,934
37 years$23,230$15,226$9,689$6,020$3,672$1,709
38 years$22,368$14,470$9,073$5,549$3,329$1,511
39 years$21,553$13,760$8,501$5,116$3,019$1,336
40 years$20,781$13,091$7,968$4,719$2,739$1,181
41 years$20,048$12,462$7,471$4,354$2,485$1,044
42 years$19,352$11,868$7,008$4,018$2,254$923
43 years$18,690$11,308$6,576$3,709$2,046$816
44 years$18,060$10,779$6,173$3,425$1,857$722
45 years$17,459$10,279$5,796$3,163$1,686$639
46 years$16,887$9,805$5,444$2,922$1,531$565
47 years$16,340$9,357$5,115$2,699$1,390$500
48 years$15,818$8,933$4,806$2,494$1,262$442
49 years$15,318$8,530$4,518$2,305$1,147$391
50 years$14,841$8,149$4,247$2,131$1,041$346

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $15,200,000, adding $4,785 every year, while hoping to spend $55,876 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: 39/40/21 Blend
39$15,200,000$15,200,000$15,200,000$15,200,000
40$16,755,336$15,949,736$15,714,136$17,303,807
41$18,404,928$16,671,821$16,181,108$18,421,381
42$20,220,907$17,427,416$16,661,850$19,623,363
43$22,220,183$18,218,103$17,156,766$20,921,926
44$24,421,393$19,045,542$17,666,269$22,325,868
45$26,845,071$19,911,469$18,190,785$23,844,834
46$29,513,844$20,817,707$18,730,753$25,489,410
47$32,452,646$21,766,164$19,286,622$27,271,209
48$35,688,949$22,758,839$19,858,857$29,202,978
49$39,253,028$23,797,829$20,447,935$31,298,714
50$43,178,244$24,885,329$21,054,348$33,573,780
51$47,501,355$26,023,641$21,678,599$36,045,051
52$52,262,870$27,215,177$22,321,209$38,731,062
53$57,507,426$28,462,463$22,982,713$41,652,173
54$63,284,210$29,768,150$23,663,659$44,830,755
55$69,647,422$31,135,012$24,364,615$48,291,390
56$76,656,791$32,565,960$25,086,162$52,061,095
57$84,378,134$34,064,042$25,828,899$56,169,567
58$92,883,978$35,632,455$26,593,441$60,649,451
59$102,254,245$37,274,546$27,380,423$65,536,640
60$112,577,007$38,993,827$28,190,495$70,870,598
61$123,949,314$40,793,978$29,024,329$76,694,727
62$136,478,115$42,678,853$29,882,615$83,056,757
63$150,281,261$44,652,495$30,766,061$90,009,191
64$165,488,623$46,719,141$31,675,397$97,609,780
65$182,243,314$48,883,230$32,611,375$105,922,056
66$200,703,041$51,149,418$33,574,765$115,015,922
67$221,041,594$53,522,583$34,566,363$124,968,286
68$243,450,486$56,007,838$35,586,985$135,863,782
69$268,140,757$58,610,544$36,637,471$147,795,542
70$295,344,974$61,336,320$37,718,685$160,866,063
71$325,319,417$64,191,055$38,831,517$175,188,156
72$358,346,505$67,180,924$39,976,880$190,885,986
73$394,737,457$70,312,399$41,155,715$208,096,230
74$434,835,235$73,592,263$42,368,988$226,969,342
75$479,017,775$77,027,630$43,617,695$247,670,953
76$527,701,557$80,625,953$44,902,858$270,383,408
77$581,345,541$84,395,050$46,225,528$295,307,467
78$640,455,492$88,343,113$47,586,789$322,664,169
79$705,588,758$92,478,731$48,987,752$352,696,899
80$777,359,531$96,810,909$50,429,561$385,673,651
81$856,444,646$101,349,086$51,913,394$421,889,532
82$943,589,967$106,103,159$53,440,461$461,669,514
83$1,039,617,432$111,083,502$55,012,005$505,371,474
84$1,145,432,809$116,300,993$56,629,306$553,389,534
85$1,262,034,249$121,767,034$58,293,680$606,157,751
86$1,390,521,705$127,493,581$60,006,481$664,154,173
87$1,532,107,320$133,493,168$61,769,099$727,905,318
88$1,688,126,868$139,778,935$63,582,966$797,991,098
89$1,860,052,366$146,364,659$65,449,552$875,050,257
90$2,049,505,965$153,264,786$67,370,371$959,786,354
91$2,258,275,272$160,494,459$69,346,977$1,052,974,359
92$2,488,330,219$168,069,557$71,380,969$1,155,467,919
93$2,741,841,663$176,006,726$73,473,993$1,268,207,368
94$3,021,201,879$184,323,423$75,627,739$1,392,228,550
95$3,329,047,147$193,037,947$77,843,945$1,528,672,541
96$3,668,282,637$202,169,487$80,124,398$1,678,796,366
97$4,042,109,836$211,738,162$82,470,935$1,843,984,801
98$4,454,056,774$221,765,067$84,885,446$2,025,763,385
99$4,908,011,330$232,272,320$87,369,873$2,225,812,754
100$5,408,257,934$243,283,112$89,926,212$2,445,984,434