Can I retire at age 40 with 15,400,000?

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 $15,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$1,271,718$1,260,390$1,249,338$1,238,551$1,228,018$1,179,760
2 years$629,563$617,838$606,475$595,457$584,770$536,743
3 years$415,540$403,764$392,429$381,515$371,002$324,716
4 years$308,549$296,809$285,588$274,860$264,602$220,410
5 years$244,371$232,702$221,628$211,119$201,146$159,161
6 years$201,600$190,019$179,108$168,834$159,160$119,408
7 years$171,061$159,577$148,840$138,807$129,440$91,908
8 years$148,168$136,787$126,228$116,442$107,383$72,034
9 years$130,371$119,098$108,720$99,183$90,432$57,212
10 years$116,142$104,979$94,785$85,497$77,052$45,899
11 years$104,507$93,457$83,447$74,408$66,268$37,108
12 years$94,819$83,882$74,057$65,265$57,426$30,182
13 years$86,627$75,805$66,165$57,620$50,077$24,667
14 years$79,612$68,904$59,450$51,148$43,897$20,237
15 years$73,538$62,945$53,675$45,615$38,650$16,654
16 years$68,228$57,751$48,664$40,844$34,159$13,740
17 years$63,548$53,187$44,283$36,698$30,288$11,358
18 years$59,392$49,147$40,424$33,072$26,931$9,405
19 years$55,678$45,549$37,006$29,883$24,004$7,799
20 years$52,340$42,326$33,963$27,065$21,441$6,474
21 years$49,323$39,425$31,239$24,563$19,187$5,380
22 years$46,585$36,802$28,792$22,334$17,198$4,474
23 years$44,088$34,420$26,584$20,340$15,438$3,722
24 years$41,803$32,249$24,586$18,551$13,876$3,099
25 years$39,704$30,264$22,771$16,942$12,487$2,581
26 years$37,769$28,444$21,119$15,491$11,247$2,151
27 years$35,981$26,769$19,611$14,179$10,141$1,792
28 years$34,323$25,224$18,231$12,991$9,150$1,494
29 years$32,783$23,796$16,966$11,913$8,262$1,246
30 years$31,348$22,473$15,803$10,933$7,465$1,039
31 years$30,008$21,244$14,732$10,041$6,749$867
32 years$28,754$20,101$13,746$9,228$6,105$723
33 years$27,579$19,036$12,834$8,486$5,525$603
34 years$26,475$18,042$11,992$7,808$5,003$503
35 years$25,437$17,113$11,211$7,188$4,531$420
36 years$24,459$16,242$10,488$6,620$4,105$350
37 years$23,535$15,427$9,817$6,099$3,721$292
38 years$22,663$14,661$9,193$5,622$3,373$244
39 years$21,837$13,941$8,613$5,183$3,059$204
40 years$21,054$13,264$8,073$4,781$2,775$170
41 years$20,312$12,626$7,570$4,411$2,517$142
42 years$19,606$12,024$7,101$4,071$2,284$118
43 years$18,936$11,457$6,663$3,758$2,073$99
44 years$18,297$10,921$6,254$3,470$1,882$83
45 years$17,689$10,414$5,873$3,204$1,708$69
46 years$17,109$9,934$5,516$2,960$1,551$57
47 years$16,555$9,481$5,182$2,735$1,408$48
48 years$16,026$9,050$4,869$2,527$1,279$40
49 years$15,520$8,643$4,577$2,335$1,162$33
50 years$15,036$8,256$4,303$2,159$1,055$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $15,400,000, adding $5,766 every year, while hoping to spend $56,037 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$15,400,000$15,400,000$15,400,000$15,400,000
40$16,976,748$16,160,548$15,921,848$17,909,052
41$18,648,753$16,892,792$16,395,607$19,275,614
42$20,489,425$17,659,037$16,883,358$20,761,157
43$22,515,908$18,460,892$17,385,513$22,382,787
44$24,747,094$19,300,039$17,902,491$24,153,873
45$27,203,799$20,178,243$18,434,726$26,089,132
46$29,908,963$21,097,353$18,982,665$28,204,763
47$32,887,860$22,059,306$19,546,767$30,518,599
48$36,168,342$23,066,132$20,127,505$33,050,271
49$39,781,100$24,119,960$20,725,363$35,821,394
50$43,759,952$25,223,018$21,340,843$38,855,766
51$48,142,164$26,377,643$21,974,458$42,179,590
52$52,968,801$27,586,283$22,626,739$45,821,720
53$58,285,113$28,851,506$23,298,229$49,813,929
54$64,140,964$30,175,999$23,989,489$54,191,207
55$70,591,301$31,562,582$24,701,095$58,992,087
56$77,696,673$33,014,207$25,433,642$64,259,007
57$85,523,803$34,533,972$26,187,737$70,038,706
58$94,146,215$36,125,121$26,964,011$76,382,663
59$103,644,931$37,791,054$27,763,107$83,347,578
60$114,109,233$39,535,335$28,585,691$90,995,905
61$125,637,509$41,361,701$29,432,445$99,396,435
62$138,338,177$43,274,066$30,304,074$108,624,946
63$152,330,711$45,276,535$31,201,300$118,764,908
64$167,746,767$47,373,409$32,124,868$129,908,274
65$184,731,428$49,569,197$33,075,542$142,156,336
66$203,444,571$51,868,625$34,054,110$155,620,682
67$224,062,377$54,276,647$35,061,382$170,424,243
68$246,778,992$56,798,455$36,098,191$186,702,446
69$271,808,363$59,439,494$37,165,394$204,604,492
70$299,386,254$62,205,467$38,263,873$224,294,756
71$329,772,474$65,102,356$39,394,534$245,954,331
72$363,253,325$68,136,431$40,558,310$269,782,739
73$400,144,312$71,314,263$41,756,161$295,999,798
74$440,793,112$74,642,742$42,989,072$324,847,703
75$485,582,863$78,129,090$44,258,060$356,593,294
76$534,935,777$81,780,879$45,564,168$391,530,577
77$589,317,129$85,606,043$46,908,469$429,983,489
78$649,239,641$89,612,905$48,292,069$472,308,947
79$715,268,334$93,810,187$49,716,102$518,900,215
80$788,025,849$98,207,031$51,181,737$570,190,603
81$868,198,336$102,813,026$52,690,176$626,657,553
82$956,541,923$107,638,221$54,242,653$688,827,136
83$1,053,889,858$112,693,152$55,840,440$757,279,011
84$1,161,160,373$117,988,866$57,484,844$832,651,887
85$1,279,365,353$123,536,943$59,177,209$915,649,544
86$1,409,619,889$129,349,524$60,918,916$1,007,047,464
87$1,553,152,806$135,439,338$62,711,387$1,107,700,147
88$1,711,318,258$141,819,732$64,556,085$1,218,549,163
89$1,885,608,518$148,504,696$66,454,511$1,340,632,030
90$2,077,668,063$155,508,902$68,408,213$1,475,092,000
91$2,289,309,096$162,847,729$70,418,779$1,623,188,837
92$2,522,528,660$170,537,303$72,487,844$1,786,310,699
93$2,779,527,485$178,594,533$74,617,089$1,965,987,228
94$3,062,730,769$187,037,146$76,808,242$2,163,903,981
95$3,374,811,069$195,883,728$79,063,080$2,381,918,323
96$3,718,713,536$205,153,768$81,383,431$2,622,076,953
97$4,097,683,714$214,867,700$83,771,173$2,886,635,206
98$4,515,298,184$225,046,949$86,228,239$3,178,078,332
99$4,975,498,328$235,713,979$88,756,614$3,499,144,943
100$5,482,627,539$246,892,345$91,358,342$3,852,852,843