Can I retire at age 40 with 17,200,000?

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 $17,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$1,420,360$1,407,708$1,395,364$1,383,316$1,371,552$1,324,998
2 years$703,148$690,053$677,361$665,056$653,120$606,684
3 years$464,109$450,957$438,298$426,108$414,366$369,507
4 years$344,613$331,501$318,968$306,987$295,529$252,590
5 years$272,934$259,901$247,533$235,795$224,657$183,750
6 years$225,164$212,229$200,043$188,567$177,763$138,923
7 years$191,055$178,229$166,237$155,032$144,569$107,788
8 years$165,486$152,776$140,982$130,052$119,934$85,185
9 years$145,609$133,019$121,428$110,776$101,002$68,241
10 years$129,717$117,249$105,863$95,490$86,059$55,233
11 years$116,722$104,380$93,200$83,105$74,013$45,063
12 years$105,901$93,686$82,713$72,894$64,138$36,997
13 years$96,753$84,665$73,899$64,354$55,930$30,528
14 years$88,917$76,958$66,398$57,127$49,028$25,292
15 years$82,133$70,302$59,949$50,947$43,168$21,022
16 years$76,202$64,501$54,352$45,617$38,152$17,520
17 years$70,975$59,403$49,458$40,987$33,828$14,634
18 years$66,334$54,891$45,149$36,937$30,078$12,246
19 years$62,186$50,873$41,332$33,376$26,810$10,263
20 years$58,457$47,273$37,932$30,229$23,947$8,611
21 years$55,088$44,033$34,890$27,434$21,430$7,233
22 years$52,030$41,103$32,157$24,944$19,209$6,081
23 years$49,241$38,443$29,691$22,717$17,243$5,116
24 years$46,689$36,019$27,459$20,719$15,498$4,307
25 years$44,344$33,802$25,433$18,922$13,946$3,628
26 years$42,184$31,768$23,588$17,301$12,562$3,057
27 years$40,186$29,898$21,903$15,836$11,326$2,577
28 years$38,335$28,172$20,362$14,509$10,219$2,173
29 years$36,615$26,577$18,949$13,305$9,228$1,833
30 years$35,012$25,100$17,650$12,211$8,338$1,546
31 years$33,515$23,727$16,454$11,215$7,538$1,305
32 years$32,115$22,451$15,352$10,307$6,819$1,101
33 years$30,803$21,261$14,334$9,478$6,171$929
34 years$29,570$20,151$13,393$8,721$5,587$784
35 years$28,410$19,113$12,522$8,028$5,061$662
36 years$27,318$18,141$11,714$7,393$4,585$559
37 years$26,286$17,230$10,964$6,812$4,156$472
38 years$25,312$16,374$10,267$6,279$3,768$398
39 years$24,389$15,570$9,619$5,789$3,417$336
40 years$23,515$14,814$9,016$5,340$3,099$284
41 years$22,686$14,102$8,454$4,927$2,811$240
42 years$21,898$13,430$7,930$4,547$2,551$203
43 years$21,149$12,796$7,442$4,197$2,315$171
44 years$20,436$12,197$6,985$3,875$2,102$144
45 years$19,757$11,631$6,559$3,579$1,908$122
46 years$19,109$11,096$6,160$3,306$1,732$103
47 years$18,490$10,589$5,788$3,054$1,573$87
48 years$17,899$10,108$5,439$2,822$1,428$73
49 years$17,334$9,653$5,112$2,608$1,297$62
50 years$16,793$9,221$4,806$2,411$1,178$52

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $17,200,000, adding $4,630 every year, while hoping to spend $38,254 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: 41/42/17 Blend
39$17,200,000$17,200,000$17,200,000$17,200,000
40$18,959,176$18,047,576$17,780,976$19,641,239
41$20,852,310$18,891,205$18,335,937$20,968,882
42$22,937,261$19,774,890$18,908,206$22,400,871
43$25,233,555$20,700,553$19,498,325$23,949,982
44$27,762,707$21,670,210$20,106,848$25,626,922
45$30,548,426$22,685,972$20,734,349$27,443,434
46$33,616,836$23,750,055$21,381,421$29,412,403
47$36,996,727$24,864,781$22,048,672$31,547,966
48$40,719,822$26,032,585$22,736,732$33,865,640
49$44,821,080$27,256,018$23,446,248$36,382,457
50$49,339,023$28,537,756$24,177,891$39,117,120
51$54,316,102$29,880,604$24,932,348$42,090,166
52$59,799,094$31,287,503$25,710,332$45,324,150
53$65,839,548$32,761,537$26,512,574$48,843,851
54$72,494,268$34,305,939$27,339,832$52,676,490
55$79,825,851$35,924,097$28,192,884$56,851,982
56$87,903,276$37,619,566$29,072,533$61,403,199
57$96,802,556$39,396,072$29,979,610$66,366,272
58$106,607,458$41,257,520$30,914,968$71,780,921
59$117,410,287$43,208,007$31,879,488$77,690,810
60$129,312,764$45,251,828$32,874,078$84,143,951
61$142,426,983$47,393,484$33,899,677$91,193,138
62$156,876,468$49,637,697$34,957,249$98,896,432
63$172,797,341$51,989,418$36,047,790$107,317,693
64$190,339,607$54,453,836$37,172,328$116,527,161
65$209,668,568$57,036,395$38,331,921$126,602,108
66$230,966,383$59,742,800$39,527,662$137,627,545
67$254,433,792$62,579,035$40,760,677$149,697,002
68$280,292,005$65,551,374$42,032,126$162,913,395
69$308,784,793$68,666,395$43,343,206$177,389,975
70$340,180,791$71,930,997$44,695,152$193,251,371
71$374,776,029$75,352,413$46,089,236$210,634,747
72$412,896,730$78,938,227$47,526,772$229,691,070
73$454,902,389$82,696,393$49,009,112$250,586,507
74$501,189,166$86,635,250$50,537,651$273,503,973
75$552,193,627$90,763,543$52,113,828$298,644,821
76$608,396,863$95,090,443$53,739,127$326,230,720
77$670,329,033$99,625,564$55,415,077$356,505,711
78$738,574,368$104,378,990$57,143,256$389,738,482
79$813,776,688$109,361,295$58,925,290$426,224,868
80$896,645,478$114,583,567$60,762,855$466,290,608
81$987,962,588$120,057,433$62,657,682$510,294,385
82$1,088,589,610$125,795,085$64,611,552$558,631,167
83$1,199,476,015$131,809,309$66,626,304$611,735,903
84$1,321,668,117$138,113,513$68,703,833$670,087,578
85$1,456,318,948$144,721,759$70,846,095$734,213,693
86$1,604,699,145$151,648,790$73,055,104$804,695,199
87$1,768,208,946$158,910,069$75,332,938$882,171,928
88$1,948,391,408$166,521,810$77,681,740$967,348,585
89$2,146,946,972$174,501,020$80,103,719$1,061,001,345
90$2,365,749,522$182,865,529$82,601,153$1,163,985,122
91$2,606,864,073$191,634,039$85,176,391$1,277,241,584
92$2,872,566,262$200,826,162$87,831,854$1,401,807,976
93$3,165,363,840$210,462,462$90,570,040$1,538,826,849
94$3,488,020,339$220,564,510$93,393,524$1,689,556,778
95$3,843,581,167$231,154,924$96,304,960$1,855,384,173
96$4,235,402,355$242,257,425$99,307,086$2,037,836,286
97$4,667,182,246$253,896,890$102,402,724$2,238,595,561
98$5,142,996,405$266,099,407$105,594,785$2,459,515,424
99$5,667,336,098$278,892,337$108,886,269$2,702,637,702
100$6,245,150,692$292,304,374$112,280,271$2,970,211,804