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%11.7%
1 years$1,271,718$1,260,390$1,249,338$1,238,551$1,228,018$1,219,257
2 years$629,563$617,838$606,475$595,457$584,770$575,936
3 years$415,540$403,764$392,429$381,515$371,002$362,368
4 years$308,549$296,809$285,588$274,860$264,602$256,235
5 years$244,371$232,702$221,628$211,119$201,146$193,070
6 years$201,600$190,019$179,108$168,834$159,160$151,386
7 years$171,061$159,577$148,840$138,807$129,440$121,971
8 years$148,168$136,787$126,228$116,442$107,383$100,220
9 years$130,371$119,098$108,720$99,183$90,432$83,572
10 years$116,142$104,979$94,785$85,497$77,052$70,493
11 years$104,507$93,457$83,447$74,408$66,268$60,003
12 years$94,819$83,882$74,057$65,265$57,426$51,451
13 years$86,627$75,805$66,165$57,620$50,077$44,385
14 years$79,612$68,904$59,450$51,148$43,897$38,482
15 years$73,538$62,945$53,675$45,615$38,650$33,505
16 years$68,228$57,751$48,664$40,844$34,159$29,275
17 years$63,548$53,187$44,283$36,698$30,288$25,657
18 years$59,392$49,147$40,424$33,072$26,931$22,545
19 years$55,678$45,549$37,006$29,883$24,004$19,855
20 years$52,340$42,326$33,963$27,065$21,441$17,520
21 years$49,323$39,425$31,239$24,563$19,187$15,485
22 years$46,585$36,802$28,792$22,334$17,198$13,707
23 years$44,088$34,420$26,584$20,340$15,438$12,149
24 years$41,803$32,249$24,586$18,551$13,876$10,781
25 years$39,704$30,264$22,771$16,942$12,487$9,576
26 years$37,769$28,444$21,119$15,491$11,247$8,513
27 years$35,981$26,769$19,611$14,179$10,141$7,574
28 years$34,323$25,224$18,231$12,991$9,150$6,743
29 years$32,783$23,796$16,966$11,913$8,262$6,007
30 years$31,348$22,473$15,803$10,933$7,465$5,354
31 years$30,008$21,244$14,732$10,041$6,749$4,775
32 years$28,754$20,101$13,746$9,228$6,105$4,259
33 years$27,579$19,036$12,834$8,486$5,525$3,801
34 years$26,475$18,042$11,992$7,808$5,003$3,394
35 years$25,437$17,113$11,211$7,188$4,531$3,031
36 years$24,459$16,242$10,488$6,620$4,105$2,707
37 years$23,535$15,427$9,817$6,099$3,721$2,419
38 years$22,663$14,661$9,193$5,622$3,373$2,162
39 years$21,837$13,941$8,613$5,183$3,059$1,932
40 years$21,054$13,264$8,073$4,781$2,775$1,727
41 years$20,312$12,626$7,570$4,411$2,517$1,544
42 years$19,606$12,024$7,101$4,071$2,284$1,381
43 years$18,936$11,457$6,663$3,758$2,073$1,235
44 years$18,297$10,921$6,254$3,470$1,882$1,105
45 years$17,689$10,414$5,873$3,204$1,708$988
46 years$17,109$9,934$5,516$2,960$1,551$884
47 years$16,555$9,481$5,182$2,735$1,408$791
48 years$16,026$9,050$4,869$2,527$1,279$708
49 years$15,520$8,643$4,577$2,335$1,162$633
50 years$15,036$8,256$4,303$2,159$1,055$567

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 $6,428 every year, while hoping to spend $58,845 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: 52/40/8 Blend
39$15,400,000$15,400,000$15,400,000$15,400,000
40$16,977,430$16,161,230$15,922,530$17,825,974
41$18,646,518$16,890,520$16,393,325$19,132,579
42$20,483,880$17,653,573$16,877,918$20,545,852
43$22,506,618$18,451,981$17,376,711$22,081,368
44$24,733,578$19,287,412$17,890,115$23,750,658
45$27,185,522$20,161,615$18,418,554$25,566,390
46$29,885,333$21,076,421$18,962,463$27,542,481
47$32,858,221$22,033,750$19,522,289$29,694,219
48$36,131,968$23,035,612$20,098,494$32,038,408
49$39,737,186$24,084,115$20,691,552$34,593,513
50$43,707,610$25,181,467$21,301,949$37,379,831
51$48,080,409$26,329,982$21,930,188$40,419,676
52$52,896,544$27,532,085$22,576,783$43,737,580
53$58,201,151$28,790,317$23,242,264$47,360,517
54$64,043,967$30,107,340$23,927,178$51,318,152
55$70,479,798$31,485,947$24,632,085$55,643,108
56$77,569,040$32,929,060$25,357,562$60,371,269
57$85,378,243$34,439,745$26,104,202$65,542,107
58$93,980,746$36,021,215$26,872,615$71,199,046
59$103,457,363$37,676,835$27,663,428$77,389,861
60$113,897,148$39,410,134$28,477,287$84,167,117
61$125,398,235$41,224,809$29,314,855$91,588,656
62$138,068,767$43,124,736$30,176,814$99,718,129
63$152,027,910$45,113,977$31,063,866$108,625,588
64$167,406,983$47,196,788$31,976,732$118,388,130
65$184,350,697$49,377,633$32,916,154$129,090,613
66$203,018,518$51,661,187$33,882,895$140,826,443
67$223,586,175$54,052,353$34,877,740$153,698,443
68$246,247,315$56,556,268$35,901,495$167,819,802
69$271,215,335$59,178,319$36,954,989$183,315,135
70$298,725,393$61,924,151$38,039,075$200,321,636
71$329,036,629$64,799,680$39,154,629$218,990,358
72$362,434,611$67,811,110$40,302,555$239,487,620
73$399,234,028$70,964,941$41,483,777$261,996,558
74$439,781,665$74,267,989$42,699,250$286,718,831
75$484,459,672$77,727,398$43,949,952$313,876,506
76$533,689,175$81,350,657$45,236,892$343,714,130
77$587,934,248$85,145,616$46,561,105$376,501,017
78$647,706,295$89,120,505$47,923,655$412,533,763
79$713,568,877$93,283,950$49,325,638$452,139,023
80$786,143,033$97,644,994$50,768,178$495,676,564
81$866,113,143$102,213,119$52,252,432$543,542,636
82$954,233,384$106,998,263$53,779,590$596,173,685
83$1,051,334,857$112,010,845$55,350,873$654,050,436
84$1,158,333,424$117,261,788$56,967,539$717,702,403
85$1,276,238,361$122,762,544$58,630,879$787,712,854
86$1,406,161,882$128,525,116$60,342,222$864,724,279
87$1,549,329,639$134,562,092$62,102,931$949,444,420
88$1,707,092,293$140,886,666$63,914,410$1,042,652,915
89$1,880,938,265$147,512,671$65,778,102$1,145,208,611
90$2,072,507,788$154,454,611$67,695,487$1,258,057,635
91$2,283,608,387$161,727,691$69,668,091$1,382,242,281
92$2,516,231,948$169,347,854$71,697,478$1,518,910,797
93$2,772,573,521$177,331,813$73,785,258$1,669,328,181
94$3,055,052,041$185,697,093$75,933,084$1,834,888,071
95$3,366,333,164$194,462,066$78,142,658$2,017,125,845
96$3,709,354,435$203,645,995$80,415,726$2,217,733,061
97$4,087,353,018$213,269,079$82,754,082$2,438,573,368
98$4,503,896,255$223,352,494$85,159,574$2,681,700,035
99$4,962,915,350$233,918,442$87,634,096$2,949,375,273
100$5,468,742,474$244,990,205$90,179,597$3,244,091,520