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%13.7%
1 years$1,313,007$1,301,312$1,289,901$1,278,763$1,267,888$1,248,426
2 years$650,004$637,898$626,165$614,790$603,756$584,196
3 years$429,031$416,873$405,171$393,902$383,048$363,997
4 years$318,567$306,446$294,860$283,784$273,193$254,799
5 years$252,305$240,257$228,824$217,973$207,677$189,993
6 years$208,146$196,188$184,924$174,315$164,328$147,375
7 years$176,615$164,759$153,672$143,314$133,642$117,425
8 years$152,978$141,229$130,326$120,223$110,869$95,386
9 years$134,604$122,965$112,250$102,403$93,368$78,610
10 years$119,912$108,387$97,862$88,272$79,554$65,510
11 years$107,900$96,491$86,156$76,823$68,419$55,075
12 years$97,897$86,605$76,461$67,384$59,291$46,629
13 years$89,440$78,266$68,313$59,490$51,703$39,707
14 years$82,197$71,141$61,380$52,809$45,322$33,972
15 years$75,925$64,989$55,418$47,096$39,905$29,180
16 years$70,443$59,626$50,244$42,170$35,268$25,147
17 years$65,611$54,913$45,720$37,889$31,271$21,732
18 years$61,320$50,742$41,737$34,146$27,805$18,825
19 years$57,486$47,028$38,208$30,854$24,783$16,340
20 years$54,039$43,700$35,065$27,944$22,137$14,208
21 years$50,925$40,705$32,253$25,361$19,810$12,372
22 years$48,097$37,997$29,726$23,059$17,757$10,787
23 years$45,519$35,538$27,447$21,000$15,940$9,416
24 years$43,160$33,296$25,384$19,153$14,327$8,227
25 years$40,993$31,247$23,511$17,492$12,892$7,194
26 years$38,995$29,367$21,805$15,994$11,613$6,295
27 years$37,149$27,638$20,248$14,639$10,470$5,512
28 years$35,438$26,043$18,823$13,413$9,447$4,829
29 years$33,847$24,569$17,516$12,300$8,530$4,233
30 years$32,366$23,203$16,316$11,288$7,708$3,712
31 years$30,982$21,934$15,211$10,367$6,969$3,256
32 years$29,688$20,754$14,192$9,528$6,304$2,857
33 years$28,475$19,654$13,251$8,762$5,705$2,508
34 years$27,335$18,628$12,381$8,061$5,165$2,202
35 years$26,263$17,668$11,575$7,421$4,678$1,934
36 years$25,253$16,770$10,829$6,835$4,239$1,698
37 years$24,300$15,927$10,135$6,297$3,842$1,492
38 years$23,399$15,137$9,491$5,804$3,483$1,311
39 years$22,546$14,394$8,892$5,352$3,158$1,152
40 years$21,738$13,694$8,335$4,936$2,865$1,012
41 years$20,971$13,036$7,815$4,554$2,599$890
42 years$20,243$12,415$7,331$4,203$2,358$782
43 years$19,551$11,829$6,879$3,880$2,140$687
44 years$18,891$11,275$6,457$3,582$1,943$604
45 years$18,263$10,752$6,063$3,309$1,764$531
46 years$17,664$10,257$5,695$3,056$1,601$467
47 years$17,093$9,788$5,350$2,823$1,454$411
48 years$16,546$9,344$5,028$2,609$1,320$361
49 years$16,024$8,923$4,726$2,411$1,199$317
50 years$15,524$8,524$4,443$2,229$1,089$279

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 $2,678 every year, while hoping to spend $28,773 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: 77/16/7 Blend
39$15,900,000$15,900,000$15,900,000$15,900,000
40$17,524,562$16,681,862$16,435,412$18,858,951
41$19,281,453$17,468,659$16,955,384$20,522,378
42$21,216,583$18,293,045$17,491,811$22,341,671
43$23,348,101$19,156,831$18,045,214$24,335,451
44$25,696,008$20,061,916$18,616,129$26,521,048
45$28,282,343$21,010,292$19,205,111$28,917,536
46$31,131,393$22,004,047$19,812,733$31,545,915
47$34,269,919$23,045,370$20,439,584$34,429,306
48$37,727,414$24,136,556$21,086,273$37,593,161
49$41,536,375$25,280,012$21,753,428$41,065,506
50$45,732,614$26,478,261$22,441,696$44,877,199
51$50,355,594$27,733,950$23,151,747$49,062,219
52$55,448,804$29,049,852$23,884,270$53,657,983
53$61,060,164$30,428,878$24,639,975$58,705,694
54$67,242,484$31,874,076$25,419,597$64,250,728
55$74,053,958$33,388,646$26,223,894$70,343,056
56$81,558,713$34,975,941$27,053,646$77,037,713
57$89,827,417$36,639,478$27,909,659$84,395,312
58$98,937,946$38,382,944$28,792,764$92,482,612
59$108,976,114$40,210,206$29,703,820$101,373,143
60$120,036,491$42,125,319$30,643,711$111,147,893
61$132,223,287$44,132,534$31,613,349$121,896,071
62$145,651,344$46,236,309$32,613,678$133,715,940
63$160,447,212$48,441,320$33,645,667$146,715,738
64$176,750,351$50,752,468$34,710,321$161,014,699
65$194,714,443$53,174,895$35,808,672$176,744,164
66$214,508,842$55,713,990$36,941,788$194,048,820
67$236,320,175$58,375,407$38,110,770$213,088,057
68$260,354,105$61,165,074$39,316,752$234,037,464
69$286,837,267$64,089,207$40,560,907$257,090,479
70$316,019,414$67,154,323$41,844,444$282,460,209
71$348,175,770$70,367,260$43,168,608$310,381,429
72$383,609,628$73,735,186$44,534,686$341,112,793
73$422,655,218$77,265,618$45,944,006$374,939,267
74$465,680,856$80,966,440$47,397,936$412,174,803
75$513,092,426$84,845,918$48,897,889$453,165,301
76$565,337,208$88,912,722$50,445,323$498,291,855
77$622,908,102$93,175,944$52,041,741$547,974,347
78$686,348,283$97,645,119$53,688,693$602,675,394
79$756,256,323$102,330,246$55,387,780$662,904,705
80$833,291,850$107,241,810$57,140,652$729,223,877
81$918,181,768$112,390,808$58,949,013$802,251,689
82$1,011,727,124$117,788,773$60,814,621$882,669,922
83$1,114,810,666$123,447,799$62,739,286$971,229,788
84$1,228,405,182$129,380,569$64,724,881$1,068,758,997
85$1,353,582,680$135,600,386$66,773,333$1,176,169,565
86$1,491,524,507$142,121,199$68,886,634$1,294,466,398
87$1,643,532,508$148,957,638$71,066,837$1,424,756,767
88$1,811,041,308$156,125,047$73,316,060$1,568,260,738
89$1,995,631,863$163,639,516$75,636,489$1,726,322,675
90$2,199,046,381$171,517,920$78,030,380$1,900,423,907
91$2,423,204,772$179,777,959$80,500,058$2,092,196,693
92$2,670,222,773$188,438,193$83,047,924$2,303,439,610
93$2,942,431,920$197,518,088$85,676,454$2,536,134,506
94$3,242,401,562$207,038,061$88,388,201$2,792,465,189
95$3,572,963,117$217,019,522$91,185,802$3,074,838,015
96$3,937,236,804$227,484,927$94,071,975$3,385,904,580
97$4,338,661,098$238,457,828$97,049,526$3,728,586,724
98$4,781,025,193$249,962,925$100,121,348$4,106,104,085
99$5,268,504,776$262,026,122$103,290,427$4,522,004,466
100$5,805,701,450$274,674,589$106,559,843$4,980,197,294