Can I retire at age 40 with 16,100,000?

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 $16,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$1,329,523$1,317,680$1,306,126$1,294,849$1,283,837$1,233,873
2 years$658,180$645,922$634,042$622,523$611,351$561,617
3 years$434,428$422,117$410,267$398,857$387,866$339,928
4 years$322,574$310,301$298,569$287,354$276,629$230,851
5 years$255,479$243,280$231,702$220,715$210,289$166,789
6 years$210,764$198,656$187,250$176,508$166,395$125,200
7 years$178,837$166,831$155,605$145,117$135,323$96,421
8 years$154,902$143,005$131,966$121,735$112,264$75,616
9 years$136,297$124,512$113,662$103,691$94,542$60,095
10 years$121,421$109,751$99,093$89,383$80,555$48,241
11 years$109,257$97,705$87,240$77,790$69,280$39,027
12 years$99,129$87,694$77,423$68,232$60,036$31,765
13 years$90,565$79,250$69,173$60,239$52,353$25,978
14 years$83,231$72,036$62,152$53,473$45,892$21,328
15 years$76,880$65,806$56,115$47,689$40,407$17,564
16 years$71,329$60,376$50,876$42,700$35,712$14,501
17 years$66,436$55,604$46,295$38,366$31,665$11,997
18 years$62,092$51,381$42,262$34,575$28,155$9,941
19 years$58,209$47,619$38,689$31,242$25,095$8,250
20 years$54,719$44,250$35,506$28,295$22,415$6,854
21 years$51,565$41,217$32,659$25,680$20,059$5,699
22 years$48,702$38,475$30,100$23,349$17,980$4,743
23 years$46,092$35,985$27,792$21,264$16,140$3,950
24 years$43,703$33,715$25,703$19,394$14,507$3,291
25 years$41,508$31,640$23,806$17,712$13,054$2,743
26 years$39,486$29,737$22,079$16,195$11,759$2,287
27 years$37,616$27,986$20,502$14,824$10,601$1,908
28 years$35,883$26,371$19,060$13,582$9,566$1,592
29 years$34,273$24,878$17,737$12,455$8,638$1,329
30 years$32,773$23,494$16,521$11,430$7,805$1,109
31 years$31,372$22,210$15,402$10,498$7,056$926
32 years$30,061$21,015$14,370$9,648$6,383$773
33 years$28,833$19,902$13,418$8,872$5,777$645
34 years$27,679$18,862$12,537$8,163$5,230$539
35 years$26,593$17,891$11,721$7,514$4,737$450
36 years$25,571$16,981$10,965$6,921$4,292$376
37 years$24,605$16,128$10,263$6,376$3,890$314
38 years$23,693$15,327$9,611$5,877$3,527$262
39 years$22,829$14,575$9,004$5,419$3,198$219
40 years$22,011$13,867$8,440$4,998$2,901$183
41 years$21,235$13,200$7,914$4,612$2,632$153
42 years$20,498$12,571$7,423$4,256$2,388$128
43 years$19,797$11,978$6,966$3,929$2,167$107
44 years$19,129$11,417$6,539$3,628$1,967$89
45 years$18,493$10,887$6,139$3,350$1,786$74
46 years$17,887$10,386$5,766$3,095$1,621$62
47 years$17,308$9,911$5,417$2,859$1,472$52
48 years$16,754$9,462$5,091$2,642$1,337$43
49 years$16,225$9,035$4,785$2,442$1,214$36
50 years$15,719$8,631$4,499$2,257$1,103$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $16,100,000, adding $5,832 every year, while hoping to spend $50,037 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: 54/21/25 Blend
39$16,100,000$16,100,000$16,100,000$16,100,000
40$17,748,216$16,894,916$16,645,366$18,583,692
41$19,505,295$17,669,528$17,149,746$19,934,623
42$21,439,919$18,480,418$17,669,347$21,398,886
43$23,570,145$19,329,313$18,204,624$22,991,973
44$25,915,869$20,218,019$18,756,049$24,726,246
45$28,499,017$21,148,431$19,324,106$26,615,294
46$31,343,748$22,122,535$19,909,294$28,674,059
47$34,476,682$23,142,412$20,512,128$30,918,976
48$37,927,156$24,210,242$21,133,136$33,368,119
49$41,727,495$25,328,313$21,772,865$36,041,367
50$45,913,319$26,499,020$22,431,876$38,960,593
51$50,523,880$27,724,874$23,110,746$42,149,855
52$55,602,431$29,008,509$23,810,072$45,635,629
53$61,196,636$30,352,682$24,530,466$49,447,042
54$67,359,016$31,760,287$25,272,560$53,616,150
55$74,147,449$33,234,355$26,037,004$58,178,232
56$81,625,714$34,778,063$26,824,469$63,172,114
57$89,864,092$36,394,743$27,635,643$68,640,530
58$98,940,029$38,087,885$28,471,237$74,630,520
59$108,938,870$39,861,151$29,331,982$81,193,868
60$119,954,663$41,718,375$30,218,632$88,387,578
61$132,091,044$43,663,580$31,131,960$96,274,409
62$145,462,216$45,700,982$32,072,768$104,923,457
63$160,194,032$47,835,000$33,041,875$114,410,799
64$176,425,175$50,070,267$34,040,130$124,820,203
65$194,308,473$52,411,639$35,068,404$136,243,909
66$214,012,336$54,864,209$36,127,594$148,783,490
67$235,722,353$57,433,313$37,218,627$162,550,798
68$259,643,034$60,124,547$38,342,452$177,669,015
69$285,999,751$62,943,777$39,500,052$194,273,799
70$315,040,856$65,897,153$40,692,434$212,514,555
71$347,040,032$68,991,122$41,920,639$232,555,837
72$382,298,872$72,232,443$43,185,737$254,578,881
73$421,149,726$75,628,202$44,488,829$278,783,309
74$463,958,844$79,185,830$45,831,051$305,388,999
75$511,129,825$82,913,115$47,213,570$334,638,142
76$563,107,432$86,818,222$48,637,589$366,797,519
77$620,381,790$90,909,714$50,104,348$402,160,998
78$683,493,010$95,196,568$51,615,121$441,052,298
79$753,036,291$99,688,194$53,171,222$483,828,021
80$829,667,537$104,394,460$54,774,002$530,881,007
81$914,109,549$109,325,712$56,424,855$582,644,018
82$1,007,158,848$114,492,796$58,125,212$639,593,809
83$1,109,693,194$119,907,087$59,876,550$702,255,605
84$1,222,679,874$125,580,509$61,680,389$771,208,039
85$1,347,184,832$131,525,564$63,538,292$847,088,590
86$1,484,382,731$137,755,363$65,451,871$930,599,584
87$1,635,568,045$144,283,651$67,422,784$1,022,514,791
88$1,802,167,276$151,124,840$69,452,738$1,123,686,711
89$1,985,752,425$158,294,044$71,543,491$1,235,054,595
90$2,188,055,827$165,807,107$73,696,854$1,357,653,279
91$2,410,986,511$173,680,646$75,914,688$1,492,622,931
92$2,656,648,219$181,932,080$78,198,913$1,641,219,778
93$2,927,359,264$190,579,679$80,551,504$1,804,827,938
94$3,225,674,423$199,642,598$82,974,493$1,984,972,454
95$3,554,409,051$209,140,922$85,469,976$2,183,333,652
96$3,916,665,660$219,095,712$88,040,105$2,401,762,973
97$4,315,863,209$229,529,054$90,687,101$2,642,300,410
98$4,755,769,385$240,464,106$93,413,247$2,907,193,730
99$5,240,536,166$251,925,152$96,220,895$3,198,919,651
100$5,774,739,026$263,937,655$99,112,466$3,520,207,180