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

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 $15,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$1,255,202$1,244,021$1,233,113$1,222,466$1,212,069$1,163,520
2 years$621,387$609,814$598,598$587,724$577,176$528,873
3 years$410,143$398,520$387,333$376,560$366,184$319,648
4 years$304,542$292,955$281,879$271,291$261,166$216,751
5 years$241,198$229,680$218,750$208,377$198,534$156,353
6 years$198,982$187,551$176,782$166,641$157,093$117,173
7 years$168,840$157,505$146,907$137,005$127,759$90,084
8 years$146,243$135,011$124,589$114,930$105,988$70,520
9 years$128,678$117,551$107,308$97,895$89,257$55,941
10 years$114,633$103,616$93,554$84,386$76,052$44,822
11 years$103,150$92,243$82,363$73,441$65,407$36,190
12 years$93,587$82,792$73,095$64,418$56,680$29,396
13 years$85,502$74,820$65,306$56,871$49,426$23,992
14 years$78,578$68,009$58,678$50,484$43,327$19,655
15 years$72,583$62,128$52,978$45,023$38,148$16,152
16 years$67,342$57,001$48,032$40,313$33,716$13,306
17 years$62,722$52,496$43,707$36,221$29,895$10,984
18 years$58,621$48,509$39,899$32,642$26,581$9,082
19 years$54,955$44,957$36,526$29,495$23,692$7,519
20 years$51,660$41,776$33,522$26,714$21,162$6,232
21 years$48,683$38,913$30,833$24,244$18,938$5,171
22 years$45,980$36,324$28,418$22,044$16,975$4,293
23 years$43,515$33,973$26,239$20,076$15,238$3,566
24 years$41,260$31,831$24,266$18,310$13,696$2,965
25 years$39,188$29,871$22,476$16,722$12,324$2,465
26 years$37,279$28,074$20,845$15,290$11,101$2,051
27 years$35,514$26,421$19,356$13,995$10,009$1,706
28 years$33,877$24,897$17,994$12,822$9,031$1,420
29 years$32,357$23,487$16,745$11,758$8,155$1,182
30 years$30,941$22,181$15,598$10,791$7,368$984
31 years$29,618$20,968$14,541$9,911$6,662$820
32 years$28,381$19,840$13,567$9,108$6,026$683
33 years$27,221$18,789$12,668$8,376$5,454$569
34 years$26,132$17,808$11,836$7,707$4,938$474
35 years$25,107$16,890$11,066$7,094$4,472$395
36 years$24,141$16,032$10,352$6,534$4,052$329
37 years$23,230$15,226$9,689$6,020$3,672$274
38 years$22,368$14,470$9,073$5,549$3,329$228
39 years$21,553$13,760$8,501$5,116$3,019$190
40 years$20,781$13,091$7,968$4,719$2,739$158
41 years$20,048$12,462$7,471$4,354$2,485$132
42 years$19,352$11,868$7,008$4,018$2,254$110
43 years$18,690$11,308$6,576$3,709$2,046$92
44 years$18,060$10,779$6,173$3,425$1,857$76
45 years$17,459$10,279$5,796$3,163$1,686$64
46 years$16,887$9,805$5,444$2,922$1,531$53
47 years$16,340$9,357$5,115$2,699$1,390$44
48 years$15,818$8,933$4,806$2,494$1,262$37
49 years$15,318$8,530$4,518$2,305$1,147$31
50 years$14,841$8,149$4,247$2,131$1,041$26

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 $6,736 every year, while hoping to spend $45,725 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: 57/21/22 Blend
39$15,200,000$15,200,000$15,200,000$15,200,000
40$16,757,348$15,951,748$15,716,148$17,612,825
41$18,417,947$16,684,733$16,193,988$18,930,244
42$20,246,394$17,452,101$16,686,303$20,359,862
43$22,259,761$18,255,490$17,193,530$21,916,965
44$24,476,862$19,096,614$17,716,118$23,613,850
45$26,918,425$19,977,271$18,254,531$25,464,040
46$29,607,293$20,899,346$18,809,246$27,482,407
47$32,568,635$21,864,812$19,380,755$29,685,306
48$35,830,189$22,875,741$19,969,563$32,090,733
49$39,422,517$23,934,301$20,576,192$34,718,482
50$43,379,298$25,042,766$21,201,179$37,590,330
51$47,737,645$26,203,520$21,845,077$40,730,242
52$52,538,454$27,419,061$22,508,456$44,164,584
53$57,826,789$28,692,009$23,191,902$47,922,375
54$63,652,312$30,025,107$23,896,021$52,035,551
55$70,069,744$31,421,233$24,621,434$56,539,261
56$77,139,388$32,883,404$25,368,783$61,472,193
57$84,927,696$34,414,781$26,138,727$66,876,935
58$93,507,894$36,018,679$26,931,947$72,800,368
59$102,960,676$37,698,571$27,749,144$79,294,105
60$113,374,963$39,458,099$28,591,039$86,414,966
61$124,848,745$41,301,082$29,458,375$94,225,514
62$137,490,004$43,231,521$30,351,916$102,794,631
63$151,417,731$45,253,612$31,272,452$112,198,165
64$166,763,054$47,371,754$32,220,794$122,519,636
65$183,670,473$49,590,557$33,197,778$133,851,016
66$202,299,223$51,914,856$34,204,265$146,293,588
67$222,824,777$54,349,717$35,241,142$159,958,893
68$245,440,505$56,900,455$36,309,321$174,969,770
69$270,359,498$59,572,638$37,409,744$191,461,513
70$297,816,575$62,372,106$38,543,379$209,583,128
71$328,070,507$65,304,980$39,711,224$229,498,734
72$361,406,455$68,377,680$40,914,305$251,389,100
73$398,138,660$71,596,934$42,153,682$275,453,338
74$438,613,417$74,969,797$43,430,444$301,910,770
75$483,212,334$78,503,665$44,745,712$331,002,986
76$532,355,941$82,206,294$46,100,642$362,996,107
77$586,507,659$86,085,814$47,496,426$398,183,290
78$646,178,171$90,150,750$48,934,287$436,887,472
79$711,930,248$94,410,040$50,415,489$479,464,407
80$784,384,056$98,873,055$51,941,331$526,306,008
81$864,223,016$103,549,621$53,513,152$577,844,028
82$952,200,252$108,450,040$55,132,330$634,554,116
83$1,049,145,699$113,585,114$56,800,285$696,960,292
84$1,155,973,945$118,966,169$58,518,478$765,639,871
85$1,273,692,856$124,605,080$60,288,416$841,228,895
86$1,403,413,097$130,514,299$62,111,648$924,428,112
87$1,546,358,615$136,706,882$63,989,771$1,016,009,572
88$1,703,878,194$143,196,519$65,924,428$1,116,823,890
89$1,877,458,187$149,997,565$67,917,313$1,227,808,250
90$2,068,736,547$157,125,072$69,970,169$1,349,995,230
91$2,279,518,296$164,594,821$72,084,791$1,484,522,521
92$2,511,792,558$172,423,363$74,263,027$1,632,643,639
93$2,767,751,341$180,628,050$76,506,780$1,795,739,727
94$3,049,810,233$189,227,079$78,818,012$1,975,332,566
95$3,360,631,201$198,239,531$81,198,740$2,173,098,910
96$3,703,147,728$207,685,413$83,651,043$2,390,886,275
97$4,080,592,504$217,585,705$86,177,060$2,630,730,352
98$4,496,527,944$227,962,409$88,778,996$2,894,874,185
99$4,954,879,821$238,838,594$91,459,119$3,185,789,308
100$5,459,974,329$250,238,452$94,219,767$3,506,199,037