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%12.3%
1 years$1,271,718$1,260,390$1,249,338$1,238,551$1,228,018$1,216,205
2 years$629,563$617,838$606,475$595,457$584,770$572,871
3 years$415,540$403,764$392,429$381,515$371,002$359,385
4 years$308,549$296,809$285,588$274,860$264,602$253,356
5 years$244,371$232,702$221,628$211,119$201,146$190,305
6 years$201,600$190,019$179,108$168,834$159,160$148,737
7 years$171,061$159,577$148,840$138,807$129,440$119,439
8 years$148,168$136,787$126,228$116,442$107,383$97,804
9 years$130,371$119,098$108,720$99,183$90,432$81,272
10 years$116,142$104,979$94,785$85,497$77,052$68,306
11 years$104,507$93,457$83,447$74,408$66,268$57,927
12 years$94,819$83,882$74,057$65,265$57,426$49,484
13 years$86,627$75,805$66,165$57,620$50,077$42,523
14 years$79,612$68,904$59,450$51,148$43,897$36,723
15 years$73,538$62,945$53,675$45,615$38,650$31,844
16 years$68,228$57,751$48,664$40,844$34,159$27,710
17 years$63,548$53,187$44,283$36,698$30,288$24,185
18 years$59,392$49,147$40,424$33,072$26,931$21,161
19 years$55,678$45,549$37,006$29,883$24,004$18,556
20 years$52,340$42,326$33,963$27,065$21,441$16,302
21 years$49,323$39,425$31,239$24,563$19,187$14,345
22 years$46,585$36,802$28,792$22,334$17,198$12,641
23 years$44,088$34,420$26,584$20,340$15,438$11,153
24 years$41,803$32,249$24,586$18,551$13,876$9,851
25 years$39,704$30,264$22,771$16,942$12,487$8,710
26 years$37,769$28,444$21,119$15,491$11,247$7,706
27 years$35,981$26,769$19,611$14,179$10,141$6,824
28 years$34,323$25,224$18,231$12,991$9,150$6,046
29 years$32,783$23,796$16,966$11,913$8,262$5,360
30 years$31,348$22,473$15,803$10,933$7,465$4,755
31 years$30,008$21,244$14,732$10,041$6,749$4,219
32 years$28,754$20,101$13,746$9,228$6,105$3,745
33 years$27,579$19,036$12,834$8,486$5,525$3,326
34 years$26,475$18,042$11,992$7,808$5,003$2,955
35 years$25,437$17,113$11,211$7,188$4,531$2,625
36 years$24,459$16,242$10,488$6,620$4,105$2,333
37 years$23,535$15,427$9,817$6,099$3,721$2,074
38 years$22,663$14,661$9,193$5,622$3,373$1,844
39 years$21,837$13,941$8,613$5,183$3,059$1,640
40 years$21,054$13,264$8,073$4,781$2,775$1,459
41 years$20,312$12,626$7,570$4,411$2,517$1,297
42 years$19,606$12,024$7,101$4,071$2,284$1,154
43 years$18,936$11,457$6,663$3,758$2,073$1,027
44 years$18,297$10,921$6,254$3,470$1,882$914
45 years$17,689$10,414$5,873$3,204$1,708$813
46 years$17,109$9,934$5,516$2,960$1,551$724
47 years$16,555$9,481$5,182$2,735$1,408$644
48 years$16,026$9,050$4,869$2,527$1,279$573
49 years$15,520$8,643$4,577$2,335$1,162$510
50 years$15,036$8,256$4,303$2,159$1,055$454

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 $3,644 every year, while hoping to spend $57,729 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: 75/10/15 Blend
39$15,400,000$15,400,000$15,400,000$15,400,000
40$16,974,559$16,158,359$15,919,659$18,192,105
41$18,644,541$16,888,695$16,391,544$19,727,745
42$20,482,926$17,652,883$16,877,303$21,402,805
43$22,506,830$18,452,521$17,377,339$23,237,135
44$24,735,114$19,289,282$17,892,067$25,246,562
45$27,188,560$20,164,921$18,421,915$27,448,512
46$29,890,067$21,081,275$18,967,323$29,862,174
47$32,864,868$22,040,272$19,528,743$32,508,676
48$36,140,768$23,043,929$20,106,639$35,411,281
49$39,748,407$24,094,361$20,701,492$38,595,609
50$43,721,544$25,193,785$21,313,792$42,089,873
51$48,097,384$26,344,523$21,944,046$45,925,143
52$52,916,921$27,549,009$22,592,775$50,135,638
53$58,225,329$28,809,792$23,260,516$54,759,045
54$64,072,388$30,129,547$23,947,818$59,836,874
55$70,512,951$31,511,075$24,655,250$65,414,841
56$77,607,465$32,957,310$25,383,393$71,543,305
57$85,422,539$34,471,330$26,132,849$78,277,735
58$94,031,571$36,056,359$26,904,233$85,679,228
59$103,515,447$37,715,777$27,698,181$93,815,090
60$113,963,297$39,453,124$28,515,344$102,759,459
61$125,473,340$41,272,114$29,356,395$112,594,007
62$138,153,810$43,176,636$30,222,023$123,408,704
63$152,123,976$45,170,769$31,112,939$135,302,666
64$167,515,272$47,258,787$32,029,872$148,385,083
65$184,472,531$49,445,169$32,973,574$162,776,248
66$203,155,357$51,734,611$33,944,817$178,608,685
67$223,739,631$54,132,034$34,944,396$196,028,400
68$246,419,167$56,642,597$35,973,127$215,196,248
69$271,407,546$59,271,708$37,031,850$236,289,452
70$298,940,128$62,025,034$38,121,430$259,503,266
71$329,276,278$64,908,518$39,242,754$285,052,815
72$362,701,809$67,928,386$40,396,737$313,175,121
73$399,531,684$71,091,167$41,584,318$344,131,330
74$440,112,986$74,403,705$42,806,463$378,209,176
75$484,828,197$77,873,172$44,064,166$415,725,686
76$534,098,805$81,507,090$45,358,448$457,030,167
77$588,389,286$85,313,341$46,690,359$502,507,501
78$648,211,488$89,300,189$48,060,981$552,581,762
79$714,129,458$93,476,297$49,471,422$607,720,219
80$786,764,774$97,850,746$50,922,826$668,437,734
81$866,802,407$102,433,059$52,416,367$735,301,619
82$954,997,189$107,233,215$53,953,251$808,936,976
83$1,052,180,937$112,261,678$55,534,720$890,032,594
84$1,159,270,311$117,529,417$57,162,051$979,347,439
85$1,277,275,458$123,047,934$58,836,555$1,077,717,810
86$1,407,309,557$128,829,285$60,559,582$1,186,065,223
87$1,550,599,322$134,886,111$62,332,518$1,305,405,099
88$1,708,496,585$141,231,662$64,156,790$1,436,856,340
89$1,882,491,057$147,879,834$66,033,862$1,581,651,875
90$2,074,224,391$154,845,192$67,965,243$1,741,150,296
91$2,285,505,682$162,143,010$69,952,482$1,916,848,660
92$2,518,328,542$169,789,298$71,997,171$2,110,396,616
93$2,774,889,924$177,800,845$74,100,947$2,323,611,960
94$3,057,610,862$186,195,251$76,265,494$2,558,497,786
95$3,369,159,323$194,990,971$78,492,541$2,817,261,373
96$3,712,475,399$204,207,355$80,783,867$3,102,335,015
97$4,090,799,064$213,864,689$83,141,300$3,416,398,959
98$4,507,700,753$223,984,244$85,566,719$3,762,406,698
99$4,967,115,082$234,588,323$88,062,055$4,143,612,827
100$5,473,377,980$245,700,311$90,629,294$4,563,603,756