Can I retire at age 40 with 16,200,000?

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 $16,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$1,337,781$1,325,865$1,314,239$1,302,891$1,291,811$1,282,058
2 years$662,268$649,934$637,980$626,390$615,148$605,315
3 years$437,126$424,739$412,815$401,334$390,275$380,667
4 years$324,577$312,228$300,424$289,139$278,348$269,038
5 years$257,066$244,791$233,141$222,086$211,595$202,612
6 years$212,073$199,890$188,413$177,604$167,428$158,782
7 years$179,948$167,867$156,572$146,018$136,164$127,860
8 years$155,865$143,893$132,785$122,491$112,961$104,998
9 years$137,143$125,285$114,368$104,335$95,130$87,506
10 years$122,175$110,433$99,709$89,938$81,055$73,767
11 years$109,936$98,312$87,782$78,273$69,710$62,751
12 years$99,744$88,239$77,904$68,656$60,409$53,774
13 years$91,127$79,742$69,602$60,613$52,678$46,359
14 years$83,748$72,484$62,538$53,805$46,177$40,167
15 years$77,358$66,215$56,463$47,985$40,658$34,948
16 years$71,772$60,751$51,192$42,965$35,934$30,516
17 years$66,849$55,950$46,583$38,604$31,861$26,726
18 years$62,477$51,700$42,524$34,790$28,330$23,467
19 years$58,570$47,915$38,929$31,436$25,251$20,652
20 years$55,059$44,525$35,727$28,471$22,555$18,210
21 years$51,886$41,473$32,862$25,839$20,184$16,084
22 years$49,005$38,714$30,287$23,494$18,092$14,227
23 years$46,378$36,208$27,965$21,396$16,240$12,600
24 years$43,974$33,925$25,863$19,515$14,597$11,172
25 years$41,766$31,837$23,954$17,822$13,135$9,916
26 years$39,731$29,921$22,216$16,295$11,832$8,808
27 years$37,850$28,159$20,630$14,916$10,667$7,830
28 years$36,106$26,534$19,178$13,666$9,625$6,966
29 years$34,486$25,032$17,847$12,532$8,691$6,200
30 years$32,976$23,640$16,624$11,501$7,853$5,522
31 years$31,567$22,348$15,498$10,563$7,100$4,920
32 years$30,248$21,146$14,460$9,708$6,423$4,386
33 years$29,012$20,025$13,501$8,927$5,812$3,911
34 years$27,851$18,979$12,615$8,214$5,262$3,489
35 years$26,759$18,002$11,794$7,561$4,766$3,113
36 years$25,729$17,086$11,033$6,964$4,319$2,778
37 years$24,758$16,228$10,327$6,416$3,914$2,480
38 years$23,840$15,422$9,670$5,914$3,549$2,215
39 years$22,971$14,665$9,060$5,453$3,218$1,978
40 years$22,148$13,953$8,492$5,029$2,919$1,767
41 years$21,367$13,282$7,963$4,640$2,648$1,578
42 years$20,625$12,649$7,469$4,282$2,403$1,410
43 years$19,919$12,052$7,009$3,953$2,181$1,260
44 years$19,248$11,488$6,579$3,650$1,979$1,126
45 years$18,608$10,955$6,178$3,371$1,797$1,006
46 years$17,998$10,451$5,802$3,114$1,631$900
47 years$17,415$9,973$5,451$2,877$1,481$804
48 years$16,858$9,521$5,122$2,658$1,345$719
49 years$16,326$9,092$4,815$2,457$1,222$643
50 years$15,817$8,685$4,527$2,271$1,110$575

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $16,200,000, adding $3,162 every year, while hoping to spend $54,442 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: 23/47/30 Blend
39$16,200,000$16,200,000$16,200,000$16,200,000
40$17,855,662$16,997,062$16,745,962$18,097,658
41$19,619,013$17,771,992$17,249,025$19,086,096
42$21,560,402$18,583,069$17,767,117$20,138,783
43$23,697,930$19,432,007$18,300,683$21,264,651
44$26,051,545$20,320,601$18,850,182$22,469,784
45$28,643,226$21,250,733$19,416,086$23,760,826
46$31,497,193$22,224,377$19,998,883$25,145,041
47$34,640,133$23,243,598$20,599,072$26,630,367
48$38,101,456$24,310,564$21,217,170$28,225,485
49$41,913,567$25,427,543$21,853,707$29,939,894
50$46,112,174$26,596,917$22,509,230$31,783,986
51$50,736,627$27,821,177$23,184,301$33,769,139
52$55,830,286$29,102,938$23,879,498$35,907,811
53$61,440,932$30,444,938$24,595,418$38,213,648
54$67,621,216$31,850,050$25,332,673$40,701,600
55$74,429,159$33,321,280$26,091,897$43,388,054
56$81,928,695$34,861,785$26,873,737$46,290,970
57$90,190,278$36,474,869$27,678,863$49,430,043
58$99,291,545$38,163,996$28,507,964$52,826,874
59$109,318,051$39,932,800$29,361,749$56,505,156
60$120,364,071$41,785,086$30,240,947$60,490,888
61$132,533,496$43,724,845$31,146,308$64,812,603
62$145,940,809$45,756,259$32,078,606$69,501,620
63$160,712,169$47,883,713$33,038,637$74,592,322
64$176,986,597$50,111,802$34,027,218$80,122,468
65$194,917,294$52,445,344$35,045,193$86,133,522
66$214,673,080$54,889,388$36,093,430$92,671,033
67$236,439,994$57,449,229$37,172,820$99,785,042
68$260,423,047$60,130,414$38,284,283$107,530,532
69$286,848,156$62,938,763$39,428,764$115,967,925
70$315,964,278$65,880,372$40,607,238$125,163,631
71$348,045,759$68,961,635$41,820,705$135,190,647
72$383,394,924$72,189,253$43,070,196$146,129,225
73$422,344,932$75,570,252$44,356,773$158,067,601
74$465,262,918$79,111,997$45,681,528$171,102,799
75$512,553,461$82,822,210$47,045,585$185,341,519
76$564,662,401$86,708,986$48,450,099$200,901,114
77$622,081,051$90,780,811$49,896,262$217,910,665
78$685,350,830$95,046,583$51,385,299$236,512,168
79$755,068,379$99,515,629$52,918,470$256,861,836
80$831,891,188$104,197,729$54,497,073$279,131,542
81$916,543,807$109,103,136$56,122,443$303,510,400
82$1,009,824,684$114,242,599$57,795,955$330,206,509
83$1,112,613,703$119,627,387$59,519,021$359,448,881
84$1,225,880,490$125,269,318$61,293,097$391,489,554
85$1,350,693,565$131,180,780$63,119,680$426,605,927
86$1,488,230,431$137,374,761$65,000,312$465,103,334
87$1,639,788,691$143,864,880$66,936,578$507,317,869
88$1,806,798,294$150,665,415$68,930,110$553,619,516
89$1,990,835,038$157,791,338$70,982,587$604,415,576
90$2,193,635,444$165,258,346$73,095,736$660,154,465
91$2,417,113,151$173,082,898$75,271,335$721,329,879
92$2,663,376,982$181,282,249$77,511,214$788,485,397
93$2,934,750,850$189,874,494$79,817,255$862,219,542
94$3,233,795,698$198,878,607$82,191,395$943,191,366
95$3,563,333,680$208,314,479$84,635,627$1,032,126,599
96$3,926,474,796$218,202,969$87,152,002$1,129,824,421
97$4,326,646,260$228,565,950$89,742,629$1,237,164,933
98$4,767,624,852$239,426,354$92,409,680$1,355,117,377
99$5,253,572,571$250,808,229$95,155,388$1,484,749,203
100$5,789,075,931$262,736,791$97,982,052$1,627,236,054