Can I retire at age 40 with 17,100,000?

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 $17,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$1,412,102$1,399,524$1,387,252$1,375,274$1,363,578$1,332,780
2 years$699,060$686,041$673,423$661,189$649,323$618,459
3 years$461,411$448,335$435,749$423,630$411,957$381,992
4 years$342,609$329,574$317,114$305,202$293,811$264,975
5 years$271,347$258,390$246,093$234,424$223,351$195,725
6 years$223,855$210,995$198,880$187,471$176,730$150,343
7 years$189,945$177,193$165,270$154,130$143,729$118,586
8 years$164,524$151,887$140,162$129,296$119,237$95,328
9 years$144,762$132,245$120,722$110,132$100,415$77,722
10 years$128,962$116,568$105,248$94,934$85,558$64,057
11 years$116,044$103,773$92,659$82,621$73,583$53,245
12 years$105,286$93,141$82,232$72,470$63,765$44,559
13 years$96,190$84,173$73,469$63,980$55,605$37,494
14 years$88,400$76,511$66,012$56,794$48,743$31,690
15 years$81,655$69,894$59,600$50,651$42,917$26,884
16 years$75,759$64,126$54,036$45,352$37,930$22,877
17 years$70,563$59,058$49,171$40,749$33,631$19,516
18 years$65,948$54,572$44,887$36,723$29,904$16,686
19 years$61,824$50,577$41,092$33,182$26,654$14,292
20 years$58,117$46,998$37,712$30,053$23,808$12,260
21 years$54,768$43,777$34,688$27,275$21,305$10,531
22 years$51,727$40,864$31,970$24,799$19,097$9,056
23 years$48,955$38,220$29,519$22,585$17,143$7,795
24 years$46,417$35,809$27,300$20,599$15,408$6,715
25 years$44,086$33,605$25,285$18,812$13,865$5,788
26 years$41,938$31,584$23,451$17,201$12,489$4,993
27 years$39,953$29,724$21,776$15,744$11,260$4,309
28 years$38,112$28,009$20,244$14,425$10,160$3,720
29 years$36,402$26,423$18,838$13,228$9,174$3,213
30 years$34,808$24,954$17,547$12,140$8,290$2,776
31 years$33,320$23,589$16,359$11,150$7,495$2,399
32 years$31,928$22,320$15,263$10,247$6,779$2,074
33 years$30,624$21,138$14,251$9,423$6,135$1,793
34 years$29,398$20,034$13,315$8,670$5,555$1,551
35 years$28,245$19,002$12,449$7,981$5,031$1,341
36 years$27,159$18,035$11,646$7,350$4,559$1,160
37 years$26,133$17,130$10,900$6,772$4,132$1,004
38 years$25,164$16,279$10,208$6,242$3,746$869
39 years$24,247$15,480$9,563$5,756$3,397$752
40 years$23,378$14,728$8,964$5,309$3,081$650
41 years$22,554$14,020$8,405$4,898$2,795$563
42 years$21,771$13,352$7,884$4,520$2,536$487
43 years$21,026$12,722$7,398$4,173$2,302$422
44 years$20,317$12,126$6,945$3,853$2,089$365
45 years$19,642$11,564$6,521$3,558$1,897$316
46 years$18,998$11,031$6,125$3,287$1,722$273
47 years$18,383$10,527$5,754$3,037$1,564$237
48 years$17,795$10,049$5,407$2,806$1,420$205
49 years$17,233$9,597$5,082$2,593$1,290$177
50 years$16,696$9,167$4,778$2,397$1,172$154

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $17,100,000, adding $5,987 every year, while hoping to spend $38,790 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: 55/21/24 Blend
39$17,100,000$17,100,000$17,100,000$17,100,000
40$18,850,376$17,944,076$17,679,026$19,762,759
41$20,731,842$18,782,063$18,230,001$21,227,911
42$22,803,917$19,659,812$18,798,133$22,818,172
43$25,086,003$20,579,229$19,383,957$24,549,290
44$27,599,479$21,542,315$19,988,023$26,434,802
45$30,367,902$22,551,165$20,610,899$28,489,587
46$33,417,233$23,607,977$21,253,169$30,730,009
47$36,776,078$24,715,054$21,915,436$33,174,065
48$40,475,958$25,874,812$22,598,324$35,841,546
49$44,551,611$27,089,783$23,302,473$38,754,222
50$49,041,315$28,362,622$24,028,545$41,936,044
51$53,987,249$29,696,111$24,777,222$45,413,359
52$59,435,896$31,093,168$25,549,206$49,215,157
53$65,438,477$32,556,852$26,345,224$53,373,336
54$72,051,434$34,090,371$27,166,022$57,922,999
55$79,336,967$35,697,086$28,012,370$62,902,777
56$87,363,618$37,380,523$28,885,065$68,355,187
57$96,206,917$39,144,379$29,784,925$74,327,026
58$105,950,097$40,992,528$30,712,794$80,869,804
59$116,684,879$42,929,034$31,669,545$88,040,224
60$128,512,337$44,958,156$32,656,074$95,900,710
61$141,543,851$47,084,362$33,673,309$104,519,982
62$155,902,163$49,312,335$34,722,204$113,973,702
63$171,722,529$51,646,984$35,803,743$124,345,177
64$189,154,000$54,093,460$36,918,941$135,726,131
65$208,360,828$56,657,159$38,068,846$148,217,566
66$229,524,015$59,343,743$39,254,535$161,930,704
67$252,843,025$62,159,147$40,477,123$176,988,022
68$278,537,663$65,109,594$41,737,755$193,524,399
69$306,850,149$68,201,609$43,037,615$211,688,378
70$338,047,411$71,442,034$44,377,921$231,643,552
71$372,423,598$74,838,045$45,759,933$253,570,098
72$410,302,859$78,397,164$47,184,945$277,666,462
73$452,042,405$82,127,279$48,654,295$304,151,219
74$498,035,877$86,036,663$50,169,361$333,265,118
75$548,717,066$90,133,988$51,731,563$365,273,345
76$604,564,004$94,428,351$53,342,368$400,468,000
77$666,103,480$98,929,287$55,003,285$439,170,849
78$733,916,012$103,646,800$56,715,872$481,736,331
79$808,641,327$108,591,374$58,481,735$528,554,894
80$890,984,398$113,774,008$60,302,530$580,056,657
81$981,722,106$119,206,233$62,179,963$636,715,449
82$1,081,710,565$124,900,143$64,115,796$699,053,263
83$1,191,893,209$130,868,417$66,111,842$767,645,160
84$1,313,309,701$137,124,353$68,169,973$843,124,671
85$1,447,105,741$143,681,898$70,292,118$926,189,756
86$1,594,543,889$150,555,673$72,480,266$1,017,609,368
87$1,757,015,479$157,761,014$74,736,468$1,118,230,683
88$1,936,053,756$165,314,002$77,062,839$1,228,987,066
89$2,133,348,353$173,231,502$79,461,557$1,350,906,861
90$2,350,761,238$181,531,198$81,934,872$1,485,123,060
91$2,590,344,294$190,231,637$84,485,101$1,632,883,972
92$2,854,358,693$199,352,268$87,114,632$1,795,564,968
93$3,145,296,237$208,913,487$89,825,930$1,974,681,436
94$3,465,902,890$218,936,684$92,621,535$2,171,903,045
95$3,819,204,694$229,444,291$95,504,066$2,389,069,472
96$4,208,536,342$240,459,831$98,476,222$2,628,207,728
97$4,637,572,661$252,007,975$101,540,787$2,891,551,249
98$5,110,363,302$264,114,594$104,700,633$3,181,560,941
99$5,631,370,971$276,806,822$107,958,717$3,500,948,363
100$6,205,513,568$290,113,114$111,318,091$3,852,701,277