Can I retire at age 40 with 15,700,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $15,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$1,296,491$1,284,943$1,273,676$1,262,678$1,251,940$1,236,809
2 years$641,827$629,874$618,289$607,057$596,162$580,934
3 years$423,635$411,630$400,074$388,947$378,230$363,378
4 years$314,560$302,591$291,151$280,215$269,757$255,396
5 years$249,132$237,235$225,945$215,232$205,065$191,237
6 years$205,527$193,720$182,598$172,122$162,261$148,982
7 years$174,394$162,686$151,739$141,511$131,961$119,238
8 years$151,054$139,452$128,687$118,710$109,475$97,304
9 years$132,910$121,418$110,838$101,115$92,194$80,572
10 years$118,404$107,024$96,631$87,162$78,553$67,472
11 years$106,543$95,277$85,073$75,857$67,559$57,008
12 years$96,666$85,516$75,500$66,537$58,545$48,514
13 years$88,315$77,281$67,454$58,742$51,052$41,528
14 years$81,163$70,247$60,608$52,145$44,752$35,721
15 years$74,970$64,171$54,721$46,504$39,403$30,850
16 years$69,557$58,876$49,612$41,639$34,825$26,734
17 years$64,785$54,223$45,145$37,412$30,878$23,235
18 years$60,549$50,104$41,212$33,716$27,455$20,243
19 years$56,763$46,436$37,727$30,465$24,472$17,674
20 years$53,359$43,151$34,624$27,592$21,858$15,459
21 years$50,284$40,193$31,848$25,042$19,561$13,543
22 years$47,492$37,519$29,353$22,769$17,533$11,880
23 years$44,947$35,091$27,102$20,736$15,739$10,434
24 years$42,617$32,878$25,065$18,912$14,147$9,173
25 years$40,477$30,854$23,215$17,272$12,730$8,072
26 years$38,505$28,998$21,531$15,792$11,467$7,109
27 years$36,682$27,290$19,993$14,455$10,338$6,264
28 years$34,992$25,716$18,586$13,244$9,328$5,524
29 years$33,421$24,260$17,296$12,145$8,423$4,873
30 years$31,958$22,911$16,111$11,146$7,611$4,302
31 years$30,592$21,658$15,019$10,237$6,881$3,798
32 years$29,314$20,493$14,013$9,408$6,224$3,355
33 years$28,116$19,407$13,084$8,651$5,633$2,965
34 years$26,991$18,394$12,225$7,960$5,100$2,620
35 years$25,933$17,446$11,430$7,328$4,619$2,317
36 years$24,935$16,559$10,692$6,749$4,185$2,049
37 years$23,994$15,727$10,008$6,218$3,793$1,812
38 years$23,104$14,946$9,372$5,731$3,439$1,603
39 years$22,262$14,213$8,780$5,284$3,119$1,418
40 years$21,464$13,522$8,230$4,874$2,829$1,255
41 years$20,707$12,872$7,717$4,497$2,566$1,110
42 years$19,988$12,259$7,239$4,150$2,329$983
43 years$19,305$11,680$6,793$3,831$2,113$870
44 years$18,654$11,133$6,376$3,537$1,918$770
45 years$18,034$10,617$5,987$3,267$1,741$682
46 years$17,442$10,128$5,623$3,018$1,581$603
47 years$16,878$9,665$5,283$2,788$1,436$534
48 years$16,338$9,227$4,964$2,576$1,304$473
49 years$15,822$8,811$4,666$2,381$1,184$419
50 years$15,329$8,417$4,387$2,201$1,076$371

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $15,700,000, adding $3,639 every year, while hoping to spend $57,600 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: 39/44/17 Blend
39$15,700,000$15,700,000$15,700,000$15,700,000
40$17,305,154$16,473,054$16,229,704$17,891,938
41$19,008,993$17,218,947$16,712,113$19,057,605
42$20,884,694$17,999,459$17,208,752$20,311,384
43$22,949,725$18,816,225$17,720,037$21,665,843
44$25,223,335$19,670,958$18,246,397$23,130,122
45$27,726,735$20,565,455$18,788,271$24,714,244
46$30,483,296$21,501,596$19,346,112$26,429,200
47$33,518,772$22,481,354$19,920,386$28,287,052
48$36,861,541$23,506,794$20,511,573$30,301,034
49$40,542,874$24,580,083$21,120,167$32,485,672
50$44,597,228$25,703,488$21,746,674$34,856,912
51$49,062,575$26,879,389$22,391,617$37,432,261
52$53,980,755$28,110,276$23,055,533$40,230,948
53$59,397,873$29,398,761$23,738,975$43,274,090
54$65,364,737$30,747,581$24,442,511$46,584,885
55$71,937,331$32,159,604$25,166,727$50,188,823
56$79,177,351$33,637,836$25,912,223$54,113,911
57$87,152,778$35,185,427$26,679,620$58,390,930
58$95,938,527$36,805,679$27,469,554$63,053,713
59$105,617,153$38,502,053$28,282,679$68,139,453
60$116,279,624$40,278,176$29,119,671$73,689,038
61$128,026,188$42,137,848$29,981,222$79,747,430
62$140,967,311$44,085,055$30,868,045$86,364,070
63$155,224,726$46,123,972$31,780,874$93,593,332
64$170,932,578$48,258,976$32,720,463$101,495,022
65$188,238,691$50,494,656$33,687,589$110,134,927
66$207,305,964$52,835,821$34,683,049$119,585,418
67$228,313,907$55,287,511$35,707,666$129,926,114
68$251,460,336$57,855,010$36,762,284$141,244,622
69$276,963,241$60,543,856$37,847,771$153,637,338
70$305,062,842$63,359,855$38,965,022$167,210,341
71$336,023,857$66,309,092$40,114,954$182,080,372
72$370,138,000$69,397,948$41,298,515$198,375,914
73$407,726,736$72,633,108$42,516,676$216,238,385
74$449,144,316$76,021,582$43,770,437$235,823,445
75$494,781,116$79,570,720$45,060,827$257,302,444
76$545,067,329$83,288,224$46,388,903$280,864,012
77$600,477,019$87,182,170$47,755,754$306,715,810
78$661,532,601$91,261,022$49,162,498$335,086,467
79$728,809,771$95,533,657$50,610,287$366,227,703
80$802,942,939$100,009,378$52,100,303$400,416,678
81$884,631,219$104,697,938$53,633,763$437,958,574
82$974,645,029$109,609,562$55,211,920$479,189,441
83$1,073,833,363$114,754,971$56,836,060$524,479,332
84$1,183,131,804$120,145,403$58,507,506$574,235,765
85$1,303,571,361$125,792,641$60,227,620$628,907,523
86$1,436,288,196$131,709,036$61,997,802$688,988,855
87$1,582,534,354$137,907,541$63,819,490$755,024,094
88$1,743,689,580$144,401,732$65,694,165$827,612,756
89$1,921,274,345$151,205,846$67,623,348$907,415,147
90$2,116,964,203$158,334,806$69,608,604$995,158,550
91$2,332,605,601$165,804,262$71,651,542$1,091,644,038
92$2,570,233,321$173,630,619$73,753,817$1,197,753,982
93$2,832,089,679$181,831,079$75,917,130$1,314,460,324
94$3,120,645,702$190,423,677$78,143,229$1,442,833,695
95$3,438,624,449$199,427,323$80,433,912$1,584,053,455
96$3,789,026,724$208,861,843$82,791,030$1,739,418,767
97$4,175,159,403$218,748,026$85,216,483$1,910,360,789
98$4,600,666,652$229,107,669$87,712,224$2,098,456,115
99$5,069,564,331$239,963,625$90,280,264$2,305,441,585
100$5,586,277,908$251,339,859$92,922,669$2,533,230,599