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

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 $15,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$1,271,718$1,260,390$1,249,338$1,238,551$1,228,018$1,211,167
2 years$629,563$617,838$606,475$595,457$584,770$567,823
3 years$415,540$403,764$392,429$381,515$371,002$354,486
4 years$308,549$296,809$285,588$274,860$264,602$248,643
5 years$244,371$232,702$221,628$211,119$201,146$185,791
6 years$201,600$190,019$179,108$168,834$159,160$144,427
7 years$171,061$159,577$148,840$138,807$129,440$115,335
8 years$148,168$136,787$126,228$116,442$107,383$93,903
9 years$130,371$119,098$108,720$99,183$90,432$77,572
10 years$116,142$104,979$94,785$85,497$77,052$64,803
11 years$104,507$93,457$83,447$74,408$66,268$54,617
12 years$94,819$83,882$74,057$65,265$57,426$46,360
13 years$86,627$75,805$66,165$57,620$50,077$39,581
14 years$79,612$68,904$59,450$51,148$43,897$33,955
15 years$73,538$62,945$53,675$45,615$38,650$29,246
16 years$68,228$57,751$48,664$40,844$34,159$25,274
17 years$63,548$53,187$44,283$36,698$30,288$21,904
18 years$59,392$49,147$40,424$33,072$26,931$19,029
19 years$55,678$45,549$37,006$29,883$24,004$16,565
20 years$52,340$42,326$33,963$27,065$21,441$14,446
21 years$49,323$39,425$31,239$24,563$19,187$12,618
22 years$46,585$36,802$28,792$22,334$17,198$11,035
23 years$44,088$34,420$26,584$20,340$15,438$9,662
24 years$41,803$32,249$24,586$18,551$13,876$8,468
25 years$39,704$30,264$22,771$16,942$12,487$7,428
26 years$37,769$28,444$21,119$15,491$11,247$6,521
27 years$35,981$26,769$19,611$14,179$10,141$5,728
28 years$34,323$25,224$18,231$12,991$9,150$5,035
29 years$32,783$23,796$16,966$11,913$8,262$4,428
30 years$31,348$22,473$15,803$10,933$7,465$3,895
31 years$30,008$21,244$14,732$10,041$6,749$3,428
32 years$28,754$20,101$13,746$9,228$6,105$3,018
33 years$27,579$19,036$12,834$8,486$5,525$2,658
34 years$26,475$18,042$11,992$7,808$5,003$2,342
35 years$25,437$17,113$11,211$7,188$4,531$2,063
36 years$24,459$16,242$10,488$6,620$4,105$1,818
37 years$23,535$15,427$9,817$6,099$3,721$1,603
38 years$22,663$14,661$9,193$5,622$3,373$1,413
39 years$21,837$13,941$8,613$5,183$3,059$1,246
40 years$21,054$13,264$8,073$4,781$2,775$1,099
41 years$20,312$12,626$7,570$4,411$2,517$969
42 years$19,606$12,024$7,101$4,071$2,284$854
43 years$18,936$11,457$6,663$3,758$2,073$754
44 years$18,297$10,921$6,254$3,470$1,882$665
45 years$17,689$10,414$5,873$3,204$1,708$587
46 years$17,109$9,934$5,516$2,960$1,551$517
47 years$16,555$9,481$5,182$2,735$1,408$457
48 years$16,026$9,050$4,869$2,527$1,279$403
49 years$15,520$8,643$4,577$2,335$1,162$355
50 years$15,036$8,256$4,303$2,159$1,055$314

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 $2,697 every year, while hoping to spend $58,928 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: 58/32/10 Blend
39$15,400,000$15,400,000$15,400,000$15,400,000
40$16,973,582$16,157,382$15,918,682$17,917,523
41$18,642,188$16,886,395$16,389,259$19,282,498
42$20,479,018$17,649,154$16,873,625$20,762,783
43$22,501,166$18,447,251$17,372,180$22,374,850
44$24,727,473$19,282,354$17,885,336$24,131,342
45$27,178,695$20,156,209$18,413,514$26,046,158
46$29,877,705$21,070,648$18,957,151$28,134,576
47$32,849,709$22,027,587$19,516,693$30,413,396
48$36,122,478$23,029,037$20,092,601$32,901,092
49$39,726,616$24,077,105$20,685,348$35,617,980
50$43,695,844$25,173,997$21,295,421$38,586,406
51$48,067,323$26,322,025$21,923,320$41,830,948
52$52,881,999$27,523,614$22,569,561$45,378,645
53$58,184,995$28,781,303$23,234,673$49,259,245
54$64,026,030$30,097,753$23,919,200$53,505,477
55$70,459,895$31,475,753$24,623,704$58,153,355
56$77,546,966$32,918,226$25,348,759$63,242,510
57$85,353,773$34,428,235$26,094,959$68,816,554
58$93,953,630$36,008,991$26,862,913$74,923,489
59$103,427,327$37,663,858$27,653,246$81,616,145
60$113,863,889$39,396,362$28,466,605$88,952,675
61$125,361,420$41,210,198$29,303,651$96,997,093
62$138,028,027$43,109,240$30,165,065$105,819,866
63$151,982,840$45,097,547$31,051,548$115,498,573
64$167,357,136$47,179,373$31,963,822$126,118,624
65$184,295,580$49,359,178$32,902,626$137,774,058
66$202,957,587$51,641,636$33,868,722$150,568,413
67$223,518,831$54,031,646$34,862,894$164,615,699
68$246,172,898$56,534,343$35,885,947$180,041,456
69$271,133,117$59,155,109$36,938,710$196,983,929
70$298,634,572$61,899,586$38,022,034$215,595,354
71$328,936,320$64,773,688$39,136,794$236,043,388
72$362,323,839$67,783,613$40,283,890$258,512,670
73$399,111,719$70,935,859$41,464,249$283,206,551
74$439,646,635$74,237,236$42,678,822$310,348,997
75$484,310,615$77,694,885$43,928,587$340,186,684
76$533,524,653$81,316,289$45,214,549$372,991,309
77$587,752,675$85,109,295$46,537,744$409,062,136
78$647,505,923$89,082,125$47,899,234$448,728,804
79$713,347,780$93,243,402$49,300,111$492,354,410
80$785,899,089$97,602,164$50,741,500$540,338,923
81$865,844,011$102,167,885$52,224,555$593,122,932
82$953,936,486$106,950,498$53,750,464$651,191,782
83$1,051,007,350$111,960,414$55,320,447$715,080,133
84$1,157,972,176$117,208,551$56,935,758$785,376,977
85$1,275,839,920$122,706,352$58,597,688$862,731,172
86$1,405,722,444$128,465,815$60,307,562$947,857,542
87$1,548,845,010$134,499,517$62,066,742$1,041,543,589
88$1,706,557,853$140,820,645$63,876,630$1,144,656,901
89$1,880,348,921$147,443,024$65,738,664$1,258,153,305
90$2,071,857,927$154,381,148$67,654,325$1,383,085,859
91$2,282,891,823$161,650,212$69,625,133$1,520,614,752
92$2,515,441,866$169,266,149$71,652,652$1,672,018,227
93$2,771,702,407$177,245,662$73,738,487$1,838,704,600
94$3,054,091,617$185,606,263$75,884,290$2,022,225,517
95$3,365,274,305$194,366,314$78,091,758$2,224,290,559
96$3,708,187,087$203,545,065$80,362,634$2,446,783,335
97$4,086,066,098$213,162,702$82,698,710$2,691,779,216
98$4,502,477,553$223,240,387$85,101,830$2,961,564,878
99$4,961,351,406$233,800,308$87,573,884$3,258,659,836
100$5,467,018,458$244,865,732$90,116,817$3,585,840,175