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%20%
1 years$1,304,749$1,293,127$1,281,788$1,270,721$1,259,914$1,209,448
2 years$645,915$633,886$622,227$610,924$599,959$549,749
3 years$426,333$414,251$402,622$391,425$380,639$332,266
4 years$316,563$304,519$293,006$281,999$271,475$225,307
5 years$250,719$238,746$227,385$216,603$206,371$162,525
6 years$206,836$194,954$183,761$173,219$163,294$121,798
7 years$175,504$163,722$152,706$142,413$132,802$93,640
8 years$152,016$140,340$129,507$119,467$110,172$73,304
9 years$133,757$122,191$111,544$101,759$92,781$58,150
10 years$119,158$107,706$97,247$87,717$79,054$46,591
11 years$107,222$95,884$85,614$76,340$67,989$37,618
12 years$97,282$86,060$75,981$66,961$58,918$30,557
13 years$88,877$77,773$67,884$59,116$51,377$24,939
14 years$81,680$70,694$60,994$52,477$45,037$20,431
15 years$75,448$64,580$55,069$46,800$39,654$16,790
16 years$70,000$59,251$49,928$41,904$35,047$13,831
17 years$65,198$54,568$45,433$37,651$31,075$11,417
18 years$60,935$50,423$41,474$33,931$27,630$9,440
19 years$57,124$46,732$37,968$30,659$24,627$7,816
20 years$53,699$43,425$34,845$27,768$21,998$6,478
21 years$50,604$40,449$32,051$25,201$19,685$5,375
22 years$47,795$37,758$29,540$22,914$17,645$4,462
23 years$45,233$35,314$27,275$20,868$15,839$3,707
24 years$42,889$33,087$25,224$19,033$14,237$3,082
25 years$40,735$31,051$23,363$17,382$12,811$2,562
26 years$38,750$29,182$21,668$15,893$11,540$2,132
27 years$36,915$27,464$20,120$14,547$10,404$1,774
28 years$35,215$25,879$18,705$13,328$9,388$1,476
29 years$33,634$24,414$17,406$12,222$8,477$1,229
30 years$32,162$23,057$16,213$11,217$7,659$1,023
31 years$30,787$21,796$15,115$10,302$6,925$852
32 years$29,501$20,624$14,103$9,468$6,264$710
33 years$28,295$19,531$13,168$8,707$5,669$591
34 years$27,163$18,511$12,303$8,011$5,133$492
35 years$26,098$17,557$11,503$7,374$4,649$410
36 years$25,094$16,664$10,760$6,792$4,212$342
37 years$24,147$15,827$10,072$6,258$3,817$285
38 years$23,251$15,042$9,432$5,768$3,461$237
39 years$22,404$14,303$8,836$5,318$3,138$198
40 years$21,601$13,608$8,282$4,905$2,847$165
41 years$20,839$12,954$7,766$4,526$2,583$137
42 years$20,116$12,337$7,285$4,177$2,343$114
43 years$19,428$11,754$6,836$3,856$2,127$95
44 years$18,773$11,204$6,417$3,560$1,930$79
45 years$18,149$10,684$6,025$3,288$1,753$66
46 years$17,553$10,192$5,659$3,037$1,591$55
47 years$16,985$9,727$5,316$2,806$1,445$46
48 years$16,442$9,285$4,996$2,593$1,312$38
49 years$15,923$8,867$4,696$2,396$1,192$32
50 years$15,426$8,470$4,415$2,215$1,082$27

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 $2,523 every year, while hoping to spend $53,623 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: 51/20/29 Blend
39$15,800,000$15,800,000$15,800,000$15,800,000
40$17,414,202$16,576,802$16,331,902$18,159,673
41$19,133,397$17,332,011$16,821,967$19,435,485
42$21,026,151$18,122,428$17,326,651$20,816,470
43$23,110,113$18,949,722$17,846,388$22,317,170
44$25,404,727$19,815,640$18,381,625$23,949,014
45$27,931,419$20,722,017$18,932,819$25,724,566
46$30,713,799$21,670,771$19,500,443$27,657,639
47$33,777,883$22,663,915$20,084,985$29,763,423
48$37,152,339$23,703,558$20,686,944$32,058,623
49$40,868,757$24,791,912$21,306,835$34,561,610
50$44,961,945$25,931,291$21,945,189$37,292,595
51$49,470,263$27,124,124$22,602,553$40,273,808
52$54,435,979$28,372,955$23,279,487$43,529,707
53$59,905,670$29,680,450$23,976,571$47,087,203
54$65,930,661$31,049,406$24,694,400$50,975,906
55$72,567,513$32,482,750$25,433,586$55,228,402
56$79,878,548$33,983,554$26,194,760$59,880,553
57$87,932,448$35,555,036$26,978,572$64,971,827
58$96,804,893$37,200,569$27,785,690$70,545,668
59$106,579,283$38,923,687$28,616,801$76,649,895
60$117,347,520$40,728,098$29,472,614$83,337,150
61$129,210,877$42,617,684$30,353,857$90,665,382
62$142,280,954$44,596,519$31,261,279$98,698,394
63$156,680,733$46,668,870$32,195,653$107,506,429
64$172,545,733$48,839,210$33,157,773$117,166,830
65$190,025,295$51,112,229$34,148,456$127,764,758
66$209,283,990$53,492,843$35,168,544$139,393,989
67$230,503,169$55,986,204$36,218,902$152,157,786
68$253,882,679$58,597,715$37,300,422$166,169,869
69$279,642,747$61,333,038$38,414,021$181,555,473
70$308,026,059$64,198,108$39,560,642$198,452,519
71$339,300,051$67,199,150$40,741,258$217,012,911
72$373,759,433$70,342,685$41,956,867$237,403,949
73$411,728,972$73,635,553$43,208,499$259,809,902
74$453,566,555$77,084,923$44,497,211$284,433,731
75$499,666,570$80,698,311$45,824,094$311,498,995
76$550,463,628$84,483,596$47,190,269$341,251,943
77$606,436,664$88,449,038$48,596,890$373,963,824
78$668,113,461$92,603,298$50,045,143$409,933,437
79$736,075,630$96,955,455$51,536,250$449,489,930
80$810,964,099$101,515,028$53,071,470$492,995,892
81$893,485,169$106,291,995$54,652,095$540,850,759
82$984,417,173$111,296,820$56,279,457$593,494,566
83$1,084,617,832$116,540,471$57,954,927$651,412,080
84$1,195,032,346$122,034,450$59,679,912$715,137,359
85$1,316,702,321$127,790,814$61,455,865$785,258,772
86$1,450,775,599$133,822,205$63,284,278$862,424,527
87$1,598,517,095$140,141,878$65,166,686$947,348,775
88$1,761,320,739$146,763,730$67,104,670$1,040,818,321
89$1,940,722,633$153,702,332$69,099,855$1,143,700,032
90$2,138,415,557$160,972,962$71,153,916$1,256,948,990
91$2,356,264,945$168,591,637$73,268,573$1,381,617,483
92$2,596,326,496$176,575,155$75,445,597$1,518,864,911
93$2,860,865,586$184,941,124$77,686,812$1,669,968,701
94$3,152,378,647$193,708,010$79,994,091$1,836,336,336
95$3,473,616,740$202,895,174$82,369,364$2,019,518,606
96$3,827,611,526$212,522,916$84,814,617$2,221,224,221
97$4,217,703,886$222,612,523$87,331,890$2,443,335,901
98$4,647,575,460$233,186,314$89,923,286$2,687,928,115
99$5,121,283,406$244,267,693$92,590,965$2,957,286,625
100$5,643,298,703$255,881,200$95,337,152$3,253,930,026