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

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 $15,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$1,304,749$1,293,127$1,281,788$1,270,721$1,259,914$1,234,981
2 years$645,915$633,886$622,227$610,924$599,959$574,945
3 years$426,333$414,251$402,622$391,425$380,639$356,323
4 years$316,563$304,519$293,006$281,999$271,475$248,045
5 years$250,719$238,746$227,385$216,603$206,371$183,894
6 years$206,836$194,954$183,761$173,219$163,294$141,794
7 years$175,504$163,722$152,706$142,413$132,802$112,284
8 years$152,016$140,340$129,507$119,467$110,172$90,631
9 years$133,757$122,191$111,544$101,759$92,781$74,203
10 years$119,158$107,706$97,247$87,717$79,054$61,422
11 years$107,222$95,884$85,614$76,340$67,989$51,282
12 years$97,282$86,060$75,981$66,961$58,918$43,111
13 years$88,877$77,773$67,884$59,116$51,377$36,445
14 years$81,680$70,694$60,994$52,477$45,037$30,951
15 years$75,448$64,580$55,069$46,800$39,654$26,385
16 years$70,000$59,251$49,928$41,904$35,047$22,563
17 years$65,198$54,568$45,433$37,651$31,075$19,347
18 years$60,935$50,423$41,474$33,931$27,630$16,626
19 years$57,124$46,732$37,968$30,659$24,627$14,314
20 years$53,699$43,425$34,845$27,768$21,998$12,344
21 years$50,604$40,449$32,051$25,201$19,685$10,660
22 years$47,795$37,758$29,540$22,914$17,645$9,216
23 years$45,233$35,314$27,275$20,868$15,839$7,976
24 years$42,889$33,087$25,224$19,033$14,237$6,909
25 years$40,735$31,051$23,363$17,382$12,811$5,989
26 years$38,750$29,182$21,668$15,893$11,540$5,195
27 years$36,915$27,464$20,120$14,547$10,404$4,509
28 years$35,215$25,879$18,705$13,328$9,388$3,915
29 years$33,634$24,414$17,406$12,222$8,477$3,401
30 years$32,162$23,057$16,213$11,217$7,659$2,956
31 years$30,787$21,796$15,115$10,302$6,925$2,569
32 years$29,501$20,624$14,103$9,468$6,264$2,234
33 years$28,295$19,531$13,168$8,707$5,669$1,943
34 years$27,163$18,511$12,303$8,011$5,133$1,690
35 years$26,098$17,557$11,503$7,374$4,649$1,470
36 years$25,094$16,664$10,760$6,792$4,212$1,280
37 years$24,147$15,827$10,072$6,258$3,817$1,114
38 years$23,251$15,042$9,432$5,768$3,461$969
39 years$22,404$14,303$8,836$5,318$3,138$844
40 years$21,601$13,608$8,282$4,905$2,847$734
41 years$20,839$12,954$7,766$4,526$2,583$639
42 years$20,116$12,337$7,285$4,177$2,343$557
43 years$19,428$11,754$6,836$3,856$2,127$485
44 years$18,773$11,204$6,417$3,560$1,930$422
45 years$18,149$10,684$6,025$3,288$1,753$368
46 years$17,553$10,192$5,659$3,037$1,591$320
47 years$16,985$9,727$5,316$2,806$1,445$279
48 years$16,442$9,285$4,996$2,593$1,312$243
49 years$15,923$8,867$4,696$2,396$1,192$211
50 years$15,426$8,470$4,415$2,215$1,082$184

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 $5,566 every year, while hoping to spend $28,363 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: 67/25/8 Blend
39$15,800,000$15,800,000$15,800,000$15,800,000
40$17,417,341$16,579,941$16,335,041$18,558,113
41$19,163,732$17,362,180$16,852,087$20,098,425
42$21,087,304$18,181,799$17,385,504$21,777,802
43$23,206,100$19,040,598$17,935,809$23,612,995
44$25,540,002$19,940,466$18,503,538$25,619,223
45$28,110,918$20,883,385$19,089,242$27,813,226
46$30,942,991$21,871,431$19,693,492$30,213,423
47$34,062,826$22,906,781$20,316,874$32,840,077
48$37,499,740$23,991,718$20,959,994$35,715,480
49$41,286,037$25,128,636$21,623,477$38,864,167
50$45,457,318$26,320,045$22,307,969$42,313,133
51$50,052,813$27,568,576$23,014,135$46,092,088
52$55,115,753$28,876,988$23,742,661$50,233,733
53$60,693,775$30,248,176$24,494,256$54,774,057
54$66,839,376$31,685,173$25,269,649$59,752,677
55$73,610,406$33,191,160$26,069,596$65,213,202
56$81,070,613$34,769,473$26,894,874$71,203,640
57$89,290,248$36,423,609$27,746,284$77,776,844
58$98,346,724$38,157,237$28,624,656$84,991,000
59$108,325,351$39,974,202$29,530,842$92,910,176
60$119,320,136$41,878,537$30,465,724$101,604,911
61$131,434,675$43,874,471$31,430,212$111,152,880
62$144,783,130$45,966,438$32,425,242$121,639,613
63$159,491,303$48,159,088$33,451,782$133,159,295
64$175,697,830$50,457,297$34,510,830$145,815,646
65$193,555,483$52,866,179$35,603,417$159,722,891
66$213,232,615$55,391,094$36,730,604$175,006,826
67$234,914,750$58,037,667$37,893,488$191,805,997
68$258,806,334$60,811,792$39,093,200$210,272,993
69$285,132,664$63,719,653$40,330,905$230,575,878
70$314,142,014$66,767,734$41,607,809$252,899,763
71$346,107,980$69,962,834$42,925,151$277,448,543
72$381,332,065$73,312,084$44,284,215$304,446,802
73$420,146,521$76,822,961$45,686,321$334,141,928
74$462,917,486$80,503,306$47,132,833$366,806,424
75$510,048,444$84,361,343$48,625,157$402,740,472
76$561,984,031$88,405,695$50,164,746$442,274,745
77$619,214,234$92,645,405$51,753,097$485,773,516
78$682,279,014$97,089,958$53,391,753$533,638,076
79$751,773,407$101,749,299$55,082,311$586,310,502
80$828,353,139$106,633,859$56,826,412$644,277,817
81$912,740,817$111,754,576$58,625,755$708,076,558
82$1,005,732,751$117,122,921$60,482,089$778,297,827
83$1,108,206,472$122,750,925$62,397,219$855,592,843
84$1,221,129,016$128,651,204$64,373,010$940,679,072
85$1,345,566,052$134,836,990$66,411,382$1,034,346,969
86$1,482,691,945$141,322,158$68,514,319$1,137,467,416
87$1,633,800,840$148,121,261$70,683,866$1,250,999,921
88$1,800,318,884$155,249,561$72,922,134$1,376,001,640
89$1,983,817,685$162,723,064$75,231,300$1,513,637,332
90$2,186,029,151$170,558,556$77,613,611$1,665,190,324
91$2,408,861,842$178,773,643$80,071,384$1,832,074,590
92$2,654,418,985$187,386,787$82,607,010$2,015,848,067
93$2,925,018,334$196,417,352$85,222,958$2,218,227,327
94$3,223,214,048$205,885,645$87,921,770$2,441,103,746
95$3,551,820,805$215,812,967$90,706,074$2,686,561,315
96$3,913,940,378$226,221,653$93,578,578$2,956,896,279
97$4,312,990,914$237,135,131$96,542,078$3,254,638,769
98$4,752,739,205$248,577,971$99,599,456$3,582,576,641
99$5,237,336,254$260,575,941$102,753,687$3,943,781,750
100$5,771,356,458$273,156,068$106,007,842$4,341,638,897