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%17.3%
1 years$1,279,976$1,268,574$1,257,451$1,246,593$1,235,992$1,199,310
2 years$633,651$621,850$610,413$599,324$588,568$551,914
3 years$418,238$406,386$394,978$383,993$373,411$337,936
4 years$310,552$298,737$287,443$276,645$266,320$232,294
5 years$245,958$234,213$223,067$212,490$202,452$169,968
6 years$202,909$191,253$180,271$169,930$160,194$129,281
7 years$172,172$160,614$149,806$139,709$130,280$100,938
8 years$149,130$137,676$127,048$117,198$108,080$80,290
9 years$131,217$119,871$109,426$99,827$91,019$64,753
10 years$116,896$105,661$95,400$86,052$77,553$52,774
11 years$105,186$94,064$83,989$74,891$66,698$43,364
12 years$95,434$84,426$74,538$65,689$57,799$35,863
13 years$87,190$76,297$66,595$57,994$50,402$29,813
14 years$80,129$69,352$59,836$51,480$44,182$24,889
15 years$74,015$63,354$54,024$45,911$38,901$20,849
16 years$68,671$58,126$48,980$41,109$34,381$17,515
17 years$63,960$53,532$44,570$36,936$30,485$14,748
18 years$59,778$49,466$40,687$33,287$27,106$12,442
19 years$56,040$45,845$37,247$30,077$24,160$10,514
20 years$52,680$42,601$34,183$27,241$21,580$8,897
21 years$49,644$39,681$31,442$24,723$19,312$7,537
22 years$46,887$37,041$28,979$22,479$17,310$6,391
23 years$44,374$34,644$26,757$20,472$15,539$5,424
24 years$42,074$32,459$24,745$18,671$13,966$4,606
25 years$39,961$30,461$22,919$17,052$12,568$3,914
26 years$38,014$28,628$21,256$15,591$11,320$3,328
27 years$36,214$26,943$19,738$14,271$10,206$2,830
28 years$34,546$25,388$18,349$13,075$9,209$2,408
29 years$32,996$23,951$17,076$11,990$8,316$2,049
30 years$31,551$22,619$15,905$11,004$7,514$1,745
31 years$30,203$21,382$14,828$10,106$6,793$1,485
32 years$28,941$20,232$13,835$9,288$6,145$1,265
33 years$27,758$19,160$12,918$8,541$5,561$1,077
34 years$26,647$18,159$12,070$7,859$5,035$918
35 years$25,602$17,224$11,284$7,234$4,560$782
36 years$24,618$16,348$10,556$6,663$4,132$666
37 years$23,688$15,527$9,880$6,139$3,745$568
38 years$22,810$14,756$9,252$5,658$3,395$484
39 years$21,979$14,031$8,669$5,217$3,079$412
40 years$21,191$13,350$8,125$4,812$2,793$351
41 years$20,444$12,708$7,619$4,440$2,534$299
42 years$19,734$12,102$7,147$4,097$2,299$255
43 years$19,059$11,531$6,706$3,782$2,086$218
44 years$18,416$10,992$6,295$3,492$1,894$185
45 years$17,804$10,482$5,911$3,225$1,719$158
46 years$17,220$9,999$5,551$2,979$1,561$135
47 years$16,663$9,542$5,216$2,752$1,417$115
48 years$16,130$9,109$4,901$2,543$1,287$98
49 years$15,621$8,699$4,607$2,351$1,169$83
50 years$15,133$8,309$4,331$2,173$1,062$71

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 $6,178 every year, while hoping to spend $50,413 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: 76/15/9 Blend
39$15,500,000$15,500,000$15,500,000$15,500,000
40$17,087,373$16,265,873$16,025,623$18,360,515
41$18,776,646$17,009,261$16,508,842$19,942,507
42$20,636,535$17,787,386$17,006,559$21,669,084
43$22,684,390$18,601,897$17,519,208$23,560,203
44$24,939,328$19,454,521$18,047,232$25,632,192
45$27,422,416$20,347,068$18,591,090$27,903,020
46$30,156,866$21,281,438$19,151,256$30,392,472
47$33,168,257$22,259,619$19,728,213$33,122,328
48$36,484,774$23,283,696$20,322,464$36,116,569
49$40,137,477$24,355,853$20,934,522$39,401,600
50$44,160,591$25,478,380$21,564,919$43,006,494
51$48,591,828$26,653,678$22,214,201$46,963,266
52$53,472,747$27,884,261$22,882,929$51,307,170
53$58,849,144$29,172,766$23,571,684$56,077,029
54$64,771,481$30,521,956$24,281,060$61,315,599
55$71,295,368$31,934,729$25,011,672$67,069,964
56$78,482,084$33,414,118$25,764,151$73,391,985
57$86,399,154$34,963,307$26,539,147$80,338,777
58$95,120,990$36,585,632$27,337,331$87,973,249
59$104,729,590$38,284,587$28,159,391$96,364,690
60$115,315,315$40,063,838$29,006,037$105,589,422
61$126,977,738$41,927,227$29,878,000$115,731,512
62$139,826,586$43,878,781$30,776,032$126,883,563
63$153,982,776$45,922,719$31,700,908$139,147,581
64$169,579,555$48,063,468$32,653,424$152,635,934
65$186,763,757$50,305,665$33,634,401$167,472,405
66$205,697,191$52,654,173$34,644,684$183,793,357
67$226,558,166$55,114,090$35,685,142$201,749,009
68$249,543,177$57,690,758$36,756,672$221,504,855
69$274,868,755$60,389,779$37,860,195$243,243,211
70$302,773,515$63,217,025$38,996,659$267,164,935
71$333,520,408$66,178,653$40,167,041$293,491,313
72$367,399,199$69,281,117$41,372,346$322,466,139
73$404,729,208$72,531,183$42,613,611$354,358,011
74$445,862,320$75,935,943$43,891,899$389,462,854
75$491,186,307$79,502,835$45,208,308$428,106,709
76$541,128,490$83,239,654$46,563,967$470,648,798
77$596,159,774$87,154,575$47,960,037$517,484,906
78$656,799,088$91,256,166$49,397,716$569,051,109
79$723,618,289$95,553,412$50,878,233$625,827,877
80$797,247,558$100,055,733$52,402,858$688,344,598
81$878,381,349$104,773,004$53,972,893$757,184,567
82$967,784,945$109,715,579$55,589,683$832,990,480
83$1,066,301,681$114,894,314$57,254,610$916,470,484
84$1,174,860,908$120,320,592$58,969,095$1,008,404,852
85$1,294,486,766$126,006,346$60,734,604$1,109,653,336
86$1,426,307,847$131,964,087$62,552,645$1,221,163,264
87$1,571,567,856$138,206,937$64,424,767$1,343,978,475
88$1,731,637,349$144,748,649$66,352,569$1,479,249,148
89$1,908,026,673$151,603,646$68,337,694$1,628,242,652
90$2,102,400,220$158,787,051$70,381,833$1,792,355,488
91$2,316,592,146$166,314,721$72,486,728$1,973,126,454
92$2,552,623,682$174,203,279$74,654,171$2,172,251,156
93$2,812,722,218$182,470,160$76,886,006$2,391,597,992
94$3,099,342,329$191,133,642$79,184,131$2,633,225,771
95$3,415,188,947$200,212,892$81,550,501$2,899,403,127
96$3,763,242,903$209,728,006$83,987,125$3,192,629,914
97$4,146,789,059$219,700,059$86,496,074$3,515,660,781
98$4,569,447,328$230,151,147$89,079,477$3,871,531,151
99$5,035,206,842$241,104,440$91,739,527$4,263,585,855
100$5,548,463,617$252,584,235$94,478,479$4,695,510,676