Can I retire at age 40 with 15,500,000?

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 $15,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$1,279,976$1,268,574$1,257,451$1,246,593$1,235,992$1,206,602
2 years$633,651$621,850$610,413$599,324$588,568$559,130
3 years$418,238$406,386$394,978$383,993$373,411$344,846
4 years$310,552$298,737$287,443$276,645$266,320$238,846
5 years$245,958$234,213$223,067$212,490$202,452$176,147
6 years$202,909$191,253$180,271$169,930$160,194$135,083
7 years$172,172$160,614$149,806$139,709$130,280$106,369
8 years$149,130$137,676$127,048$117,198$108,080$85,357
9 years$131,217$119,871$109,426$99,827$91,019$69,467
10 years$116,896$105,661$95,400$86,052$77,553$57,148
11 years$105,186$94,064$83,989$74,891$66,698$47,411
12 years$95,434$84,426$74,538$65,689$57,799$39,599
13 years$87,190$76,297$66,595$57,994$50,402$33,253
14 years$80,129$69,352$59,836$51,480$44,182$28,049
15 years$74,015$63,354$54,024$45,911$38,901$23,745
16 years$68,671$58,126$48,980$41,109$34,381$20,163
17 years$63,960$53,532$44,570$36,936$30,485$17,164
18 years$59,778$49,466$40,687$33,287$27,106$14,642
19 years$56,040$45,845$37,247$30,077$24,160$12,513
20 years$52,680$42,601$34,183$27,241$21,580$10,710
21 years$49,644$39,681$31,442$24,723$19,312$9,178
22 years$46,887$37,041$28,979$22,479$17,310$7,874
23 years$44,374$34,644$26,757$20,472$15,539$6,762
24 years$42,074$32,459$24,745$18,671$13,966$5,811
25 years$39,961$30,461$22,919$17,052$12,568$4,997
26 years$38,014$28,628$21,256$15,591$11,320$4,300
27 years$36,214$26,943$19,738$14,271$10,206$3,702
28 years$34,546$25,388$18,349$13,075$9,209$3,188
29 years$32,996$23,951$17,076$11,990$8,316$2,747
30 years$31,551$22,619$15,905$11,004$7,514$2,368
31 years$30,203$21,382$14,828$10,106$6,793$2,041
32 years$28,941$20,232$13,835$9,288$6,145$1,760
33 years$27,758$19,160$12,918$8,541$5,561$1,518
34 years$26,647$18,159$12,070$7,859$5,035$1,309
35 years$25,602$17,224$11,284$7,234$4,560$1,130
36 years$24,618$16,348$10,556$6,663$4,132$975
37 years$23,688$15,527$9,880$6,139$3,745$841
38 years$22,810$14,756$9,252$5,658$3,395$726
39 years$21,979$14,031$8,669$5,217$3,079$627
40 years$21,191$13,350$8,125$4,812$2,793$541
41 years$20,444$12,708$7,619$4,440$2,534$467
42 years$19,734$12,102$7,147$4,097$2,299$403
43 years$19,059$11,531$6,706$3,782$2,086$348
44 years$18,416$10,992$6,295$3,492$1,894$300
45 years$17,804$10,482$5,911$3,225$1,719$259
46 years$17,220$9,999$5,551$2,979$1,561$224
47 years$16,663$9,542$5,216$2,752$1,417$193
48 years$16,130$9,109$4,901$2,543$1,287$167
49 years$15,621$8,699$4,607$2,351$1,169$144
50 years$15,133$8,309$4,331$2,173$1,062$124

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $15,500,000, adding $5,674 every year, while hoping to spend $37,154 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: 54/19/27 Blend
39$15,500,000$15,500,000$15,500,000$15,500,000
40$17,086,853$16,265,353$16,025,103$17,881,187
41$18,790,180$17,022,823$16,522,412$19,187,879
42$20,666,002$17,816,165$17,035,136$20,605,428
43$22,731,873$18,647,096$17,563,752$22,148,001
44$25,007,137$19,517,417$18,108,751$23,827,606
45$27,513,113$20,429,018$18,670,642$25,657,446
46$30,273,287$21,383,877$19,249,946$27,652,039
47$33,313,546$22,384,070$19,847,202$29,827,353
48$36,662,411$23,431,773$20,462,967$32,200,950
49$40,351,313$24,529,266$21,097,812$34,792,147
50$44,414,887$25,678,941$21,752,329$37,622,197
51$48,891,300$26,883,303$22,427,126$40,714,482
52$53,822,609$28,144,981$23,122,831$44,094,728
53$59,255,159$29,466,729$23,840,090$47,791,244
54$65,240,023$30,851,437$24,579,571$51,835,184
55$71,833,480$32,302,131$25,341,961$56,260,834
56$79,097,547$33,821,988$26,127,969$61,105,930
57$87,100,566$35,414,334$26,938,325$66,412,009
58$95,917,847$37,082,660$27,773,782$72,224,791
59$105,632,381$38,830,625$28,635,118$78,594,609
60$116,335,622$40,662,063$29,523,132$85,576,873
61$128,128,349$42,580,997$30,438,650$93,232,587
62$141,121,618$44,591,644$31,382,523$101,628,917
63$155,437,812$46,698,423$32,355,626$110,839,815
64$171,211,794$48,905,971$33,358,865$120,946,712
65$188,592,181$51,219,148$34,393,171$132,039,277
66$207,742,747$53,643,049$35,459,506$144,216,251
67$228,843,966$56,183,018$36,558,858$157,586,373
68$252,094,720$58,844,656$37,692,250$172,269,395
69$277,714,175$61,633,837$38,860,733$188,397,203
70$305,943,847$64,556,721$40,065,394$206,115,048
71$337,049,884$67,619,765$41,307,349$225,582,910
72$371,325,579$70,829,740$42,587,752$246,976,993
73$409,094,138$74,193,748$43,907,792$270,491,377
74$450,711,731$77,719,232$45,268,694$296,339,839
75$496,570,853$81,414,000$46,671,721$324,757,851
76$547,104,032$85,286,238$48,118,175$356,004,799
77$602,787,907$89,344,527$49,609,398$390,366,406
78$664,147,734$93,597,870$51,146,774$428,157,422
79$731,762,341$98,055,704$52,731,728$469,724,575
80$806,269,591$102,727,925$54,365,733$515,449,828
81$888,372,407$107,624,910$56,050,302$565,753,967
82$978,845,405$112,757,543$57,786,999$621,100,556
83$1,078,542,207$118,137,233$59,577,434$682,000,293
84$1,188,403,501$123,775,947$61,423,268$749,015,811
85$1,309,465,923$129,686,233$63,326,212$822,766,970
86$1,442,871,837$135,881,249$65,288,030$903,936,684
87$1,589,880,127$142,374,792$67,310,542$993,277,346
88$1,751,878,077$149,181,334$69,395,621$1,091,617,910
89$1,930,394,467$156,316,046$71,545,202$1,199,871,685
90$2,127,114,012$163,794,841$73,761,275$1,319,044,940
91$2,343,893,259$171,634,406$76,045,895$1,450,246,368
92$2,582,778,117$179,852,238$78,401,179$1,594,697,527
93$2,846,023,175$188,466,688$80,829,308$1,753,744,344
94$3,136,112,983$197,496,999$83,332,534$1,928,869,789
95$3,455,785,507$206,963,352$85,913,173$2,121,707,841
96$3,808,057,982$216,886,909$88,573,618$2,334,058,882
97$4,196,255,394$227,289,866$91,316,332$2,567,906,655
98$4,624,041,870$238,195,495$94,143,855$2,825,436,958
99$5,095,455,272$249,628,205$97,058,805$3,109,058,236
100$5,614,945,316$261,613,594$100,063,882$3,421,424,284