Can I retire at age 40 with 15,900,000?

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 $15,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$1,313,007$1,301,312$1,289,901$1,278,763$1,267,888$1,259,898
2 years$650,004$637,898$626,165$614,790$603,756$595,696
3 years$429,031$416,873$405,171$393,902$383,048$375,168
4 years$318,567$306,446$294,860$283,784$273,193$265,554
5 years$252,305$240,257$228,824$217,973$207,677$200,301
6 years$208,146$196,188$184,924$174,315$164,328$157,224
7 years$176,615$164,759$153,672$143,314$133,642$126,815
8 years$152,978$141,229$130,326$120,223$110,869$104,318
9 years$134,604$122,965$112,250$102,403$93,368$87,092
10 years$119,912$108,387$97,862$88,272$79,554$73,549
11 years$107,900$96,491$86,156$76,823$68,419$62,682
12 years$97,897$86,605$76,461$67,384$59,291$53,816
13 years$89,440$78,266$68,313$59,490$51,703$46,484
14 years$82,197$71,141$61,380$52,809$45,322$40,355
15 years$75,925$64,989$55,418$47,096$39,905$35,182
16 years$70,443$59,626$50,244$42,170$35,268$30,782
17 years$65,611$54,913$45,720$37,889$31,271$27,015
18 years$61,320$50,742$41,737$34,146$27,805$23,772
19 years$57,486$47,028$38,208$30,854$24,783$20,965
20 years$54,039$43,700$35,065$27,944$22,137$18,527
21 years$50,925$40,705$32,253$25,361$19,810$16,399
22 years$48,097$37,997$29,726$23,059$17,757$14,538
23 years$45,519$35,538$27,447$21,000$15,940$12,905
24 years$43,160$33,296$25,384$19,153$14,327$11,469
25 years$40,993$31,247$23,511$17,492$12,892$10,203
26 years$38,995$29,367$21,805$15,994$11,613$9,084
27 years$37,149$27,638$20,248$14,639$10,470$8,095
28 years$35,438$26,043$18,823$13,413$9,447$7,219
29 years$33,847$24,569$17,516$12,300$8,530$6,441
30 years$32,366$23,203$16,316$11,288$7,708$5,750
31 years$30,982$21,934$15,211$10,367$6,969$5,136
32 years$29,688$20,754$14,192$9,528$6,304$4,590
33 years$28,475$19,654$13,251$8,762$5,705$4,103
34 years$27,335$18,628$12,381$8,061$5,165$3,669
35 years$26,263$17,668$11,575$7,421$4,678$3,282
36 years$25,253$16,770$10,829$6,835$4,239$2,937
37 years$24,300$15,927$10,135$6,297$3,842$2,628
38 years$23,399$15,137$9,491$5,804$3,483$2,353
39 years$22,546$14,394$8,892$5,352$3,158$2,107
40 years$21,738$13,694$8,335$4,936$2,865$1,886
41 years$20,971$13,036$7,815$4,554$2,599$1,690
42 years$20,243$12,415$7,331$4,203$2,358$1,514
43 years$19,551$11,829$6,879$3,880$2,140$1,356
44 years$18,891$11,275$6,457$3,582$1,943$1,215
45 years$18,263$10,752$6,063$3,309$1,764$1,089
46 years$17,664$10,257$5,695$3,056$1,601$976
47 years$17,093$9,788$5,350$2,823$1,454$874
48 years$16,546$9,344$5,028$2,609$1,320$784
49 years$16,024$8,923$4,726$2,411$1,199$703
50 years$15,524$8,524$4,443$2,229$1,089$630

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $15,900,000, adding $5,205 every year, while hoping to spend $23,270 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: 50/22/28 Blend
39$15,900,000$15,900,000$15,900,000$15,900,000
40$17,527,169$16,684,469$16,438,019$18,264,364
41$19,290,181$17,477,249$16,963,933$19,573,074
42$21,232,241$18,308,095$17,506,686$20,992,009
43$23,371,586$19,178,848$18,066,817$22,533,888
44$25,728,314$20,091,438$18,644,882$24,210,393
45$28,324,573$21,047,890$19,241,456$26,034,359
46$31,184,767$22,050,324$19,857,133$28,019,895
47$34,335,790$23,100,967$20,492,524$30,182,510
48$37,807,279$24,202,152$21,148,261$32,539,256
49$41,631,890$25,356,326$21,824,996$35,108,880
50$45,845,611$26,566,055$22,523,403$37,911,998
51$50,488,102$27,834,030$23,244,175$40,971,283
52$55,603,063$29,163,072$23,988,029$44,311,676
53$61,238,653$30,556,140$24,755,706$47,960,606
54$67,447,942$32,016,337$25,547,968$51,948,254
55$74,289,410$33,546,916$26,365,604$56,307,821
56$81,827,505$35,151,290$27,209,426$61,075,839
57$90,133,244$36,833,036$28,080,275$66,292,509
58$99,284,886$38,595,907$28,979,016$72,002,069
59$109,368,675$40,443,837$29,906,544$78,253,204
60$120,479,648$42,380,953$30,863,781$85,099,499
61$132,722,534$44,411,581$31,851,679$92,599,936
62$146,212,743$46,540,260$32,871,222$100,819,436
63$161,077,459$48,771,748$33,923,423$109,829,470
64$177,456,832$51,111,037$35,009,330$119,708,715
65$195,505,310$53,563,358$36,130,024$130,543,793
66$215,393,091$56,134,202$37,286,619$142,430,072
67$237,307,732$58,829,324$38,480,266$155,472,557
68$261,455,920$61,654,759$39,712,154$169,786,871
69$288,065,420$64,616,840$40,983,509$185,500,327
70$317,387,232$67,722,203$42,295,595$202,753,125
71$349,697,951$70,977,813$43,649,718$221,699,653
72$385,302,386$74,390,969$45,047,228$242,509,937
73$424,536,433$77,969,331$46,489,514$265,371,226
74$467,770,249$81,720,928$47,978,013$290,489,743
75$515,411,744$85,654,183$49,514,206$318,092,622
76$567,910,433$89,777,929$51,099,622$348,430,024
77$625,761,679$94,101,429$52,735,841$381,777,492
78$689,511,370$98,634,399$54,424,492$418,438,521
79$759,761,072$103,387,027$56,167,255$458,747,414
80$837,173,710$108,370,000$57,965,866$503,072,411
81$922,479,822$113,594,524$59,822,117$551,819,142
82$1,016,484,461$119,072,353$61,737,855$605,434,440
83$1,120,074,792$124,815,814$63,714,989$664,410,529
84$1,234,228,468$130,837,836$65,755,488$729,289,650
85$1,360,022,859$137,151,977$67,861,384$800,669,152
86$1,498,645,225$143,772,458$70,034,775$879,207,104
87$1,651,403,924$150,714,194$72,277,825$965,628,478
88$1,819,740,761$157,992,827$74,592,770$1,060,731,969
89$2,005,244,606$165,624,763$76,981,915$1,165,397,494
90$2,209,666,387$173,627,207$79,447,640$1,280,594,477
91$2,434,935,624$182,018,206$81,992,402$1,407,390,959
92$2,683,178,647$190,816,688$84,618,737$1,546,963,648
93$2,956,738,665$200,042,502$87,329,261$1,700,608,993
94$3,258,197,893$209,716,468$90,126,675$1,869,755,379
95$3,590,401,926$219,860,423$93,013,766$2,055,976,577
96$3,956,486,608$230,497,269$95,993,413$2,261,006,555
97$4,359,907,633$241,651,027$99,068,584$2,486,755,802
98$4,804,473,174$253,346,889$102,242,343$2,735,329,324
99$5,294,379,832$265,611,280$105,517,855$3,009,046,461
100$5,834,252,255$278,471,914$108,898,385$3,310,462,737