Can I retire at age 40 with 15,800,000?

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 $15,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$1,304,749$1,293,127$1,281,788$1,270,721$1,259,914$1,246,757
2 years$645,915$633,886$622,227$610,924$599,959$586,709
3 years$426,333$414,251$402,622$391,425$380,639$367,707
4 years$316,563$304,519$293,006$281,999$271,475$258,961
5 years$250,719$238,746$227,385$216,603$206,371$194,312
6 years$206,836$194,954$183,761$173,219$163,294$151,705
7 years$175,504$163,722$152,706$142,413$132,802$121,687
8 years$152,016$140,340$129,507$119,467$110,172$99,531
9 years$133,757$122,191$111,544$101,759$92,781$82,610
10 years$119,158$107,706$97,247$87,717$79,054$69,347
11 years$107,222$95,884$85,614$76,340$67,989$58,738
12 years$97,282$86,060$75,981$66,961$58,918$50,113
13 years$88,877$77,773$67,884$59,116$51,377$43,008
14 years$81,680$70,694$60,994$52,477$45,037$37,092
15 years$75,448$64,580$55,069$46,800$39,654$32,121
16 years$70,000$59,251$49,928$41,904$35,047$27,913
17 years$65,198$54,568$45,433$37,651$31,075$24,327
18 years$60,935$50,423$41,474$33,931$27,630$21,256
19 years$57,124$46,732$37,968$30,659$24,627$18,612
20 years$53,699$43,425$34,845$27,768$21,998$16,327
21 years$50,604$40,449$32,051$25,201$19,685$14,346
22 years$47,795$37,758$29,540$22,914$17,645$12,623
23 years$45,233$35,314$27,275$20,868$15,839$11,120
24 years$42,889$33,087$25,224$19,033$14,237$9,807
25 years$40,735$31,051$23,363$17,382$12,811$8,657
26 years$38,750$29,182$21,668$15,893$11,540$7,648
27 years$36,915$27,464$20,120$14,547$10,404$6,761
28 years$35,215$25,879$18,705$13,328$9,388$5,981
29 years$33,634$24,414$17,406$12,222$8,477$5,294
30 years$32,162$23,057$16,213$11,217$7,659$4,688
31 years$30,787$21,796$15,115$10,302$6,925$4,153
32 years$29,501$20,624$14,103$9,468$6,264$3,681
33 years$28,295$19,531$13,168$8,707$5,669$3,263
34 years$27,163$18,511$12,303$8,011$5,133$2,894
35 years$26,098$17,557$11,503$7,374$4,649$2,567
36 years$25,094$16,664$10,760$6,792$4,212$2,278
37 years$24,147$15,827$10,072$6,258$3,817$2,021
38 years$23,251$15,042$9,432$5,768$3,461$1,794
39 years$22,404$14,303$8,836$5,318$3,138$1,593
40 years$21,601$13,608$8,282$4,905$2,847$1,414
41 years$20,839$12,954$7,766$4,526$2,583$1,256
42 years$20,116$12,337$7,285$4,177$2,343$1,115
43 years$19,428$11,754$6,836$3,856$2,127$991
44 years$18,773$11,204$6,417$3,560$1,930$880
45 years$18,149$10,684$6,025$3,288$1,753$782
46 years$17,553$10,192$5,659$3,037$1,591$694
47 years$16,985$9,727$5,316$2,806$1,445$617
48 years$16,442$9,285$4,996$2,593$1,312$548
49 years$15,923$8,867$4,696$2,396$1,192$487
50 years$15,426$8,470$4,415$2,215$1,082$433

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $15,800,000, adding $2,783 every year, while hoping to spend $45,005 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: 70/15/15 Blend
39$15,800,000$15,800,000$15,800,000$15,800,000
40$17,414,471$16,577,071$16,332,171$18,573,579
41$19,142,862$17,341,462$16,831,413$20,108,784
42$21,046,040$18,141,800$17,345,872$21,782,710
43$23,141,787$18,979,799$17,876,010$23,613,543
44$25,449,695$19,857,255$18,422,302$25,616,754
45$27,991,355$20,776,051$18,985,240$27,809,371
46$30,790,556$21,738,161$19,565,328$30,210,134
47$33,873,514$22,745,652$20,163,088$32,839,671
48$37,269,117$23,800,693$20,779,056$35,720,693
49$41,009,197$24,905,558$21,413,785$38,878,197
50$45,128,832$26,062,628$22,067,844$42,339,706
51$49,666,676$27,274,400$22,741,820$46,135,522
52$54,665,324$28,543,492$23,436,317$50,299,007
53$60,171,712$29,872,647$24,151,958$54,866,897
54$66,237,562$31,264,743$24,889,385$59,879,644
55$72,919,873$32,722,795$25,649,259$65,381,791
56$80,281,450$34,249,962$26,432,259$71,422,391
57$88,391,507$35,849,559$27,239,088$78,055,465
58$97,326,311$37,525,058$28,070,469$85,340,505
59$107,169,910$39,280,101$28,927,145$93,343,034
60$118,014,921$41,118,506$29,809,884$102,135,215
61$129,963,403$43,044,273$30,719,475$111,796,531
62$143,127,825$45,061,598$31,656,733$122,414,526
63$157,632,126$47,174,878$32,622,496$134,085,628
64$173,612,881$49,388,725$33,617,628$146,916,052
65$191,220,595$51,707,973$34,643,018$161,022,795
66$210,621,120$54,137,688$35,699,584$176,534,736
67$231,997,224$56,683,185$36,788,270$193,593,844
68$255,550,312$59,350,032$37,910,048$212,356,511
69$281,502,330$62,144,070$39,065,921$232,995,021
70$310,097,859$65,071,421$40,256,921$255,699,167
71$341,606,425$68,138,504$41,484,112$280,678,036
72$376,325,040$71,352,050$42,748,589$308,161,973
73$414,581,008$74,719,115$44,051,481$338,404,745
74$456,735,015$78,247,096$45,393,950$371,685,932
75$503,184,534$81,943,752$46,777,195$408,313,549
76$554,367,574$85,817,213$48,202,448$448,626,948
77$610,766,818$89,876,008$49,670,982$493,000,010
78$672,914,179$94,129,077$51,184,104$541,844,661
79$741,395,817$98,585,794$52,743,164$595,614,753
80$816,857,682$103,255,989$54,349,551$654,810,332
81$900,011,600$108,149,968$56,004,696$719,982,344
82$991,642,003$113,278,536$57,710,074$791,737,830
83$1,092,613,328$118,653,024$59,467,201$870,745,635
84$1,203,878,178$124,285,313$61,277,643$957,742,710
85$1,326,486,320$130,187,861$63,143,012$1,053,541,055
86$1,461,594,588$136,373,729$65,064,966$1,159,035,364
87$1,610,477,809$142,856,615$67,045,215$1,275,211,461
88$1,774,540,836$149,650,880$69,085,521$1,403,155,583
89$1,955,331,813$156,771,585$71,187,697$1,544,064,618
90$2,154,556,785$164,234,520$73,353,612$1,699,257,385
91$2,374,095,810$172,056,244$75,585,191$1,870,187,065
92$2,616,020,703$180,254,121$77,884,416$2,058,454,898
93$2,882,614,601$188,846,358$80,253,329$2,265,825,274
94$3,176,393,509$197,852,049$82,694,035$2,494,242,373
95$3,500,130,060$207,291,213$85,208,698$2,745,848,491
96$3,856,879,689$217,184,845$87,799,552$3,023,004,239
97$4,250,009,475$227,554,960$90,468,895$3,328,310,804
98$4,683,229,933$238,424,645$93,219,095$3,664,634,478
99$5,160,630,042$249,818,108$96,052,591$4,035,133,687
100$5,686,715,848$261,760,737$98,971,894$4,443,288,779