Can I retire at age 40 with 17,000,000?

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 $17,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$1,403,844$1,391,339$1,379,139$1,367,231$1,355,604$1,323,370
2 years$694,972$682,029$669,485$657,323$645,526$613,239
3 years$458,713$445,714$433,201$421,153$409,548$378,218
4 years$340,606$327,647$315,260$303,417$292,093$261,960
5 years$269,760$256,879$244,654$233,053$222,044$193,193
6 years$222,546$209,761$197,717$186,375$175,696$148,156
7 years$188,834$176,157$164,304$153,229$142,888$116,662
8 years$163,562$150,999$139,343$128,540$118,539$93,618
9 years$143,916$131,472$120,016$109,487$99,827$76,190
10 years$128,208$115,886$104,632$94,379$85,058$62,678
11 years$115,365$103,166$92,117$82,138$73,153$52,000
12 years$104,670$92,597$81,751$72,046$63,393$43,431
13 years$95,628$83,680$73,039$63,606$55,280$36,471
14 years$87,883$76,063$65,626$56,462$48,458$30,763
15 years$81,178$69,485$59,252$50,355$42,666$26,043
16 years$75,316$63,751$53,720$45,087$37,708$22,114
17 years$70,150$58,712$48,883$40,510$33,435$18,825
18 years$65,562$54,253$44,624$36,508$29,729$16,059
19 years$61,463$50,281$40,851$32,988$26,498$13,724
20 years$57,778$46,724$37,491$29,877$23,668$11,746
21 years$54,448$43,521$34,485$27,115$21,180$10,067
22 years$51,425$40,625$31,783$24,654$18,985$8,636
23 years$48,669$37,996$29,346$22,453$17,042$7,416
24 years$46,146$35,600$27,140$20,478$15,318$6,373
25 years$43,829$33,409$25,137$18,702$13,784$5,481
26 years$41,693$31,399$23,313$17,100$12,416$4,716
27 years$39,719$29,550$21,649$15,652$11,194$4,060
28 years$37,889$27,845$20,125$14,341$10,101$3,497
29 years$36,189$26,268$18,728$13,151$9,121$3,013
30 years$34,605$24,808$17,445$12,069$8,241$2,597
31 years$33,126$23,452$16,263$11,085$7,451$2,239
32 years$31,742$22,190$15,174$10,187$6,740$1,930
33 years$30,445$21,014$14,168$9,368$6,099$1,665
34 years$29,226$19,917$13,238$8,619$5,522$1,436
35 years$28,080$18,891$12,376$7,934$5,002$1,239
36 years$27,000$17,930$11,578$7,307$4,532$1,069
37 years$25,981$17,029$10,836$6,733$4,107$923
38 years$25,017$16,184$10,148$6,206$3,724$796
39 years$24,106$15,389$9,507$5,722$3,377$687
40 years$23,242$14,642$8,911$5,278$3,063$593
41 years$22,422$13,938$8,356$4,869$2,779$512
42 years$21,643$13,274$7,838$4,494$2,521$442
43 years$20,903$12,647$7,355$4,148$2,288$382
44 years$20,198$12,055$6,904$3,830$2,077$329
45 years$19,527$11,496$6,483$3,537$1,886$284
46 years$18,886$10,967$6,089$3,268$1,712$246
47 years$18,275$10,465$5,720$3,019$1,555$212
48 years$17,691$9,991$5,375$2,790$1,412$183
49 years$17,132$9,541$5,053$2,578$1,282$158
50 years$16,598$9,114$4,750$2,383$1,165$137

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $17,000,000, adding $5,295 every year, while hoping to spend $50,014 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: 59/15/26 Blend
39$17,000,000$17,000,000$17,000,000$17,000,000
40$18,739,462$17,838,462$17,574,962$19,713,057
41$20,597,672$18,659,332$18,110,509$21,198,772
42$22,643,744$19,518,748$18,662,320$22,812,721
43$24,896,786$20,418,547$19,230,888$24,572,099
44$27,377,855$21,360,653$19,816,719$26,491,036
45$30,110,153$22,347,082$20,420,336$28,585,074
46$33,119,248$23,379,948$21,042,277$30,871,315
47$36,433,313$24,461,467$21,683,095$33,368,575
48$40,083,394$25,593,962$22,343,361$36,097,556
49$44,103,700$26,779,866$23,023,664$39,081,044
50$48,531,930$28,021,731$23,724,608$42,344,112
51$53,409,622$29,322,232$24,446,819$45,914,358
52$58,782,554$30,684,171$25,190,937$49,822,158
53$64,701,167$32,110,488$25,957,626$54,100,950
54$71,221,046$33,604,262$26,747,566$58,787,540
55$78,403,444$35,168,723$27,561,461$63,922,453
56$86,315,859$36,807,254$28,400,034$69,550,300
57$95,032,671$38,523,404$29,264,030$75,720,201
58$104,635,845$40,320,892$30,154,217$82,486,240
59$115,215,703$42,203,617$31,071,384$89,907,967
60$126,871,777$44,175,667$32,016,348$98,050,959
61$139,713,748$46,241,325$32,989,945$106,987,429
62$153,862,484$48,405,083$33,993,042$116,796,901
63$169,451,175$50,671,650$35,026,527$127,566,954
64$186,626,597$53,045,963$36,091,318$139,394,041
65$205,550,491$55,533,196$37,188,358$152,384,391
66$226,401,094$58,138,775$38,318,620$166,655,005
67$249,374,818$60,868,388$39,483,107$182,334,752
68$274,688,108$63,727,997$40,682,849$199,565,575
69$302,579,480$66,723,854$41,918,910$218,503,824
70$333,311,778$69,862,514$43,192,384$239,321,717
71$367,174,650$73,150,848$44,504,400$262,208,964
72$404,487,284$76,596,060$45,856,117$287,374,541
73$445,601,423$80,205,702$47,248,733$315,048,653
74$490,904,682$83,987,696$48,683,480$345,484,898
75$540,824,209$87,950,342$50,161,625$378,962,646
76$595,830,716$92,102,346$51,684,477$415,789,667
77$656,442,923$96,452,835$53,253,381$456,305,020
78$723,232,456$101,011,379$54,869,724$500,882,243
79$796,829,240$105,788,010$56,534,934$549,932,864
80$877,927,449$110,793,249$58,250,480$603,910,272
81$967,292,056$116,038,126$60,017,879$663,313,980
82$1,065,766,058$121,534,206$61,838,690$728,694,327
83$1,174,278,430$127,293,616$63,714,520$800,657,654
84$1,293,852,897$133,329,070$65,647,024$879,872,013
85$1,425,617,599$139,653,901$67,637,905$967,073,453
86$1,570,815,739$146,282,087$69,688,920$1,063,072,954
87$1,730,817,321$153,228,286$71,801,876$1,168,764,055
88$1,907,132,084$160,507,868$73,978,635$1,285,131,279
89$2,101,423,751$168,136,949$76,221,114$1,413,259,397
90$2,315,525,741$176,132,426$78,531,288$1,554,343,650
91$2,551,458,471$184,512,020$80,911,192$1,709,701,010
92$2,811,448,438$193,294,311$83,362,919$1,880,782,586
93$3,097,949,228$202,498,783$85,888,626$2,069,187,298
94$3,413,664,690$212,145,864$88,490,536$2,276,676,945
95$3,761,574,456$222,256,978$91,170,936$2,505,192,812
96$4,144,962,070$232,854,590$93,932,183$2,756,873,962
97$4,567,445,993$243,962,257$96,776,702$3,034,077,405
98$5,033,013,756$255,604,679$99,706,993$3,339,400,312
99$5,546,059,611$267,807,760$102,725,630$3,675,704,508
100$6,111,426,015$280,598,664$105,835,262$4,046,143,446