Can I retire at age 40 with 15,600,000?

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 $15,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$1,288,233$1,276,759$1,265,563$1,254,636$1,243,966$1,238,724
2 years$637,739$625,862$614,351$603,190$592,365$587,073
3 years$420,936$409,008$397,526$386,470$375,821$370,642
4 years$312,556$300,664$289,297$278,430$268,038$263,014
5 years$247,545$235,724$224,506$213,861$203,758$198,902
6 years$204,218$192,487$181,434$171,026$161,227$156,546
7 years$173,283$161,650$150,773$140,610$131,121$126,617
8 years$150,092$138,564$127,867$117,954$108,777$104,451
9 years$132,064$120,645$110,132$100,471$91,606$87,456
10 years$117,650$106,342$96,016$86,607$78,053$74,077
11 years$105,864$94,670$84,531$75,374$67,128$63,325
12 years$96,050$84,971$75,019$66,113$58,172$54,538
13 years$87,752$76,789$67,024$58,368$50,727$47,259
14 years$80,646$69,799$60,222$51,813$44,467$41,161
15 years$74,493$63,763$54,372$46,208$39,152$36,004
16 years$69,114$58,501$49,296$41,374$34,603$31,608
17 years$64,373$53,877$44,858$37,174$30,681$27,836
18 years$60,163$49,785$40,949$33,501$27,280$24,580
19 years$56,401$46,140$37,487$30,271$24,316$21,755
20 years$53,019$42,876$34,404$27,417$21,719$19,294
21 years$49,964$39,937$31,645$24,882$19,436$17,141
22 years$47,190$37,280$29,166$22,624$17,422$15,253
23 years$44,661$34,867$26,929$20,604$15,639$13,590
24 years$42,346$32,668$24,905$18,792$14,057$12,124
25 years$40,219$30,657$23,067$17,162$12,649$10,827
26 years$38,260$28,813$21,394$15,692$11,394$9,678
27 years$36,448$27,116$19,866$14,363$10,272$8,658
28 years$34,769$25,552$18,468$13,160$9,269$7,751
29 years$33,209$24,105$17,186$12,068$8,369$6,944
30 years$31,755$22,765$16,008$11,075$7,562$6,224
31 years$30,398$21,520$14,924$10,172$6,837$5,582
32 years$29,128$20,362$13,924$9,348$6,185$5,009
33 years$27,937$19,284$13,001$8,596$5,597$4,496
34 years$26,819$18,277$12,147$7,909$5,068$4,037
35 years$25,768$17,335$11,357$7,281$4,590$3,626
36 years$24,776$16,453$10,624$6,706$4,159$3,258
37 years$23,841$15,627$9,944$6,178$3,769$2,929
38 years$22,957$14,851$9,312$5,695$3,417$2,633
39 years$22,120$14,122$8,725$5,251$3,099$2,367
40 years$21,328$13,436$8,177$4,843$2,811$2,129
41 years$20,576$12,790$7,668$4,468$2,550$1,915
42 years$19,861$12,181$7,193$4,124$2,314$1,723
43 years$19,182$11,606$6,749$3,807$2,100$1,550
44 years$18,535$11,063$6,335$3,515$1,906$1,395
45 years$17,919$10,549$5,949$3,246$1,730$1,255
46 years$17,331$10,063$5,587$2,998$1,571$1,130
47 years$16,770$9,604$5,249$2,770$1,427$1,017
48 years$16,234$9,168$4,933$2,560$1,296$916
49 years$15,722$8,755$4,636$2,366$1,177$824
50 years$15,231$8,363$4,359$2,187$1,069$742

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $15,600,000, adding $2,857 every year, while hoping to spend $57,665 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: 56/36/8 Blend
39$15,600,000$15,600,000$15,600,000$15,600,000
40$17,194,147$16,367,347$16,125,547$18,124,849
41$18,886,595$17,107,992$16,604,398$19,493,560
42$20,749,740$17,882,996$17,097,357$20,976,924
43$22,800,932$18,693,981$17,604,837$22,591,129
44$25,059,289$19,542,648$18,127,262$24,348,651
45$27,545,878$20,430,779$18,665,066$26,263,198
46$30,283,911$21,360,241$19,218,699$28,349,839
47$33,298,966$22,332,989$19,788,622$30,625,134
48$36,619,229$23,351,074$20,375,309$33,107,292
49$40,275,757$24,416,643$20,979,249$35,816,330
50$44,302,774$25,531,949$21,600,944$38,774,260
51$48,737,992$26,699,350$22,240,910$42,005,290
52$53,622,967$27,921,317$22,899,681$45,536,040
53$59,003,491$29,200,443$23,577,801$49,395,796
54$64,930,024$30,539,442$24,275,835$53,616,768
55$71,458,172$31,941,159$24,994,360$58,234,395
56$78,649,206$33,408,577$25,733,972$63,287,664
57$86,570,649$34,944,821$26,495,284$68,819,475
58$95,296,904$36,553,167$27,278,925$74,877,035
59$104,909,963$38,237,047$28,085,544$81,512,291
60$115,500,177$40,000,059$28,915,807$88,782,416
61$127,167,108$41,845,975$29,770,399$96,750,331
62$140,020,473$43,778,748$30,650,027$105,485,298
63$154,181,173$45,802,519$31,555,416$115,063,551
64$169,782,442$47,921,631$32,487,311$125,569,012
65$186,971,096$50,140,636$33,446,481$137,094,069
66$205,908,924$52,464,303$34,433,714$149,740,431
67$226,774,213$54,897,634$35,449,823$163,620,078
68$249,763,434$57,445,869$36,495,643$178,856,305
69$275,093,090$60,114,502$37,572,033$195,584,867
70$303,001,766$62,909,293$38,679,876$213,955,247
71$333,752,375$65,836,278$39,820,082$234,132,049
72$367,634,646$68,901,784$40,993,583$256,296,539
73$404,967,854$72,112,445$42,201,342$280,648,331
74$446,103,835$75,475,215$43,444,347$307,407,260
75$491,430,308$78,997,382$44,723,614$336,815,430
76$541,374,534$82,686,588$46,040,189$369,139,486
77$596,407,347$86,550,842$47,395,147$404,673,104
78$657,047,606$90,598,542$48,789,593$443,739,744
79$723,867,081$94,838,491$50,224,665$486,695,676
80$797,495,863$99,279,916$51,701,530$533,933,324
81$878,628,302$103,932,494$53,221,393$585,884,938
82$968,029,568$108,806,365$54,785,488$643,026,652
83$1,066,542,870$113,912,162$56,395,088$705,882,950
84$1,175,097,419$119,261,034$58,051,500$775,031,584
85$1,294,717,197$124,864,667$59,756,067$851,108,999
86$1,426,530,629$130,735,313$61,510,172$934,816,310
87$1,571,781,227$136,885,817$63,315,237$1,026,925,882
88$1,731,839,336$143,329,647$65,172,722$1,128,288,591
89$1,908,215,071$150,080,922$67,084,130$1,239,841,814
90$2,102,572,566$157,154,445$69,051,007$1,362,618,241
91$2,316,745,692$164,565,736$71,074,939$1,497,755,584
92$2,552,755,364$172,331,069$73,157,562$1,646,507,270
93$2,812,828,624$180,467,504$75,300,552$1,810,254,233
94$3,099,419,661$188,992,929$77,505,638$1,990,517,903
95$3,415,232,983$197,926,099$79,774,594$2,188,974,514
96$3,763,248,948$207,286,679$82,109,244$2,407,470,884
97$4,146,751,901$217,095,287$84,511,463$2,648,041,788
98$4,569,361,179$227,373,540$86,983,182$2,912,929,117
99$5,035,065,282$238,144,106$89,526,381$3,204,602,978
100$5,548,259,525$249,430,752$92,143,099$3,525,784,953