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%15.6%
1 years$1,313,007$1,301,312$1,289,901$1,278,763$1,267,888$1,238,747
2 years$650,004$637,898$626,165$614,790$603,756$574,558
3 years$429,031$416,873$405,171$393,902$383,048$354,704
4 years$318,567$306,446$294,860$283,784$273,193$245,923
5 years$252,305$240,257$228,824$217,973$207,677$181,556
6 years$208,146$196,188$184,924$174,315$164,328$139,384
7 years$176,615$164,759$153,672$143,314$133,642$109,879
8 years$152,978$141,229$130,326$120,223$110,869$88,277
9 years$134,604$122,965$112,250$102,403$93,368$71,930
10 years$119,912$108,387$97,862$88,272$79,554$59,247
11 years$107,900$96,491$86,156$76,823$68,419$49,216
12 years$97,897$86,605$76,461$67,384$59,291$41,160
13 years$89,440$78,266$68,313$59,490$51,703$34,610
14 years$82,197$71,141$61,380$52,809$45,322$29,233
15 years$75,925$64,989$55,418$47,096$39,905$24,782
16 years$70,443$59,626$50,244$42,170$35,268$21,073
17 years$65,611$54,913$45,720$37,889$31,271$17,965
18 years$61,320$50,742$41,737$34,146$27,805$15,348
19 years$57,486$47,028$38,208$30,854$24,783$13,136
20 years$54,039$43,700$35,065$27,944$22,137$11,260
21 years$50,925$40,705$32,253$25,361$19,810$9,665
22 years$48,097$37,997$29,726$23,059$17,757$8,304
23 years$45,519$35,538$27,447$21,000$15,940$7,142
24 years$43,160$33,296$25,384$19,153$14,327$6,148
25 years$40,993$31,247$23,511$17,492$12,892$5,295
26 years$38,995$29,367$21,805$15,994$11,613$4,564
27 years$37,149$27,638$20,248$14,639$10,470$3,936
28 years$35,438$26,043$18,823$13,413$9,447$3,395
29 years$33,847$24,569$17,516$12,300$8,530$2,930
30 years$32,366$23,203$16,316$11,288$7,708$2,529
31 years$30,982$21,934$15,211$10,367$6,969$2,184
32 years$29,688$20,754$14,192$9,528$6,304$1,887
33 years$28,475$19,654$13,251$8,762$5,705$1,630
34 years$27,335$18,628$12,381$8,061$5,165$1,408
35 years$26,263$17,668$11,575$7,421$4,678$1,217
36 years$25,253$16,770$10,829$6,835$4,239$1,052
37 years$24,300$15,927$10,135$6,297$3,842$909
38 years$23,399$15,137$9,491$5,804$3,483$786
39 years$22,546$14,394$8,892$5,352$3,158$680
40 years$21,738$13,694$8,335$4,936$2,865$588
41 years$20,971$13,036$7,815$4,554$2,599$508
42 years$20,243$12,415$7,331$4,203$2,358$439
43 years$19,551$11,829$6,879$3,880$2,140$380
44 years$18,891$11,275$6,457$3,582$1,943$329
45 years$18,263$10,752$6,063$3,309$1,764$284
46 years$17,664$10,257$5,695$3,056$1,601$246
47 years$17,093$9,788$5,350$2,823$1,454$213
48 years$16,546$9,344$5,028$2,609$1,320$184
49 years$16,024$8,923$4,726$2,411$1,199$159
50 years$15,524$8,524$4,443$2,229$1,089$138

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 $2,199 every year, while hoping to spend $51,864 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: 81/14/5 Blend
39$15,900,000$15,900,000$15,900,000$15,900,000
40$17,524,068$16,681,368$16,434,918$18,941,227
41$19,256,340$17,443,572$16,930,305$20,630,261
42$21,163,566$18,241,386$17,440,549$22,476,381
43$23,263,535$19,076,500$17,966,093$24,500,822
44$25,575,852$19,950,685$18,507,394$26,721,365
45$28,122,118$20,865,797$19,064,920$29,157,590
46$30,926,135$21,823,782$19,639,156$31,831,054
47$34,014,131$22,826,678$20,230,598$34,765,495
48$37,415,010$23,876,622$20,839,760$37,987,051
49$41,160,618$24,975,854$21,467,170$41,524,508
50$45,286,051$26,126,721$22,113,370$45,409,563
51$49,829,980$27,331,682$22,778,919$49,677,127
52$54,835,019$28,593,315$23,464,394$54,365,647
53$60,348,127$29,914,324$24,170,388$59,517,466
54$66,421,051$31,297,541$24,897,510$65,179,222
55$73,110,811$32,745,933$25,646,390$71,402,282
56$80,480,243$34,262,613$26,417,673$78,243,225
57$88,598,589$35,850,843$27,212,027$85,764,371
58$97,542,152$37,514,041$28,030,136$94,034,367
59$107,395,013$39,255,790$28,872,708$103,128,830
60$118,249,828$41,079,847$29,740,467$113,131,054
61$130,208,701$42,990,150$30,634,163$124,132,797
62$143,384,146$44,990,825$31,554,565$136,235,139
63$157,900,153$47,086,200$32,502,467$149,549,430
64$173,893,353$49,280,808$33,478,684$164,198,341
65$191,514,313$51,579,405$34,484,058$180,317,010
66$210,928,951$53,986,975$35,519,452$198,054,317
67$232,320,108$56,508,740$36,585,758$217,574,284
68$255,889,269$59,150,179$37,683,891$239,057,611
69$281,858,470$61,917,033$38,814,796$262,703,385
70$310,472,386$64,815,320$39,979,444$288,730,942
71$342,000,649$67,851,350$41,178,835$317,381,939
72$376,740,387$71,031,738$42,413,998$348,922,625
73$415,019,032$74,363,419$43,685,993$383,646,345
74$457,197,410$77,853,663$44,995,910$421,876,302
75$503,673,144$81,510,091$46,344,871$463,968,604
76$554,884,414$85,340,695$47,734,034$510,315,610
77$611,314,087$89,353,851$49,164,586$561,349,630
78$673,494,277$93,558,343$50,637,753$617,546,993
79$742,011,370$97,963,379$52,154,795$679,432,537
80$817,511,559$102,578,614$53,717,010$747,584,550
81$900,706,940$107,414,168$55,325,732$822,640,223
82$992,382,240$112,480,654$56,982,335$905,301,646
83$1,093,402,221$117,789,198$58,688,236$996,342,432
84$1,204,719,845$123,351,467$60,444,890$1,096,615,002
85$1,327,385,270$129,179,690$62,253,795$1,207,058,624
86$1,462,555,766$135,286,692$64,116,495$1,328,708,261
87$1,611,506,633$141,685,920$66,034,577$1,462,704,331
88$1,775,643,249$148,391,470$68,009,675$1,610,303,458
89$1,956,514,333$155,418,124$70,043,472$1,772,890,316
90$2,155,826,565$162,781,382$72,137,698$1,951,990,690
91$2,375,460,700$170,497,495$74,294,135$2,149,285,858
92$2,617,489,320$178,583,501$76,514,618$2,366,628,446
93$2,884,196,406$187,057,268$78,801,033$2,606,059,904
94$3,178,098,895$195,937,530$81,155,323$2,869,829,752
95$3,501,970,444$205,243,929$83,579,488$3,160,416,800
96$3,858,867,612$214,997,065$86,075,583$3,480,552,527
97$4,252,158,721$225,218,534$88,645,728$3,833,246,846
98$4,685,555,651$235,930,983$91,292,101$4,221,816,496
99$5,163,148,886$247,158,159$94,016,944$4,649,916,326
100$5,689,446,127$258,924,964$96,822,567$5,121,573,781