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%12.3%
1 years$1,420,360$1,407,708$1,395,364$1,383,316$1,371,552$1,358,359
2 years$703,148$690,053$677,361$665,056$653,120$639,830
3 years$464,109$450,957$438,298$426,108$414,366$401,391
4 years$344,613$331,501$318,968$306,987$295,529$282,969
5 years$272,934$259,901$247,533$235,795$224,657$212,548
6 years$225,164$212,229$200,043$188,567$177,763$166,122
7 years$191,055$178,229$166,237$155,032$144,569$133,399
8 years$165,486$152,776$140,982$130,052$119,934$109,236
9 years$145,609$133,019$121,428$110,776$101,002$90,771
10 years$129,717$117,249$105,863$95,490$86,059$76,290
11 years$116,722$104,380$93,200$83,105$74,013$64,698
12 years$105,901$93,686$82,713$72,894$64,138$55,268
13 years$96,753$84,665$73,899$64,354$55,930$47,494
14 years$88,917$76,958$66,398$57,127$49,028$41,015
15 years$82,133$70,302$59,949$50,947$43,168$35,566
16 years$76,202$64,501$54,352$45,617$38,152$30,949
17 years$70,975$59,403$49,458$40,987$33,828$27,011
18 years$66,334$54,891$45,149$36,937$30,078$23,634
19 years$62,186$50,873$41,332$33,376$26,810$20,725
20 years$58,457$47,273$37,932$30,229$23,947$18,207
21 years$55,088$44,033$34,890$27,434$21,430$16,022
22 years$52,030$41,103$32,157$24,944$19,209$14,119
23 years$49,241$38,443$29,691$22,717$17,243$12,457
24 years$46,689$36,019$27,459$20,719$15,498$11,003
25 years$44,344$33,802$25,433$18,922$13,946$9,728
26 years$42,184$31,768$23,588$17,301$12,562$8,607
27 years$40,186$29,898$21,903$15,836$11,326$7,621
28 years$38,335$28,172$20,362$14,509$10,219$6,753
29 years$36,615$26,577$18,949$13,305$9,228$5,987
30 years$35,012$25,100$17,650$12,211$8,338$5,310
31 years$33,515$23,727$16,454$11,215$7,538$4,712
32 years$32,115$22,451$15,352$10,307$6,819$4,183
33 years$30,803$21,261$14,334$9,478$6,171$3,715
34 years$29,570$20,151$13,393$8,721$5,587$3,300
35 years$28,410$19,113$12,522$8,028$5,061$2,932
36 years$27,318$18,141$11,714$7,393$4,585$2,606
37 years$26,286$17,230$10,964$6,812$4,156$2,317
38 years$25,312$16,374$10,267$6,279$3,768$2,060
39 years$24,389$15,570$9,619$5,789$3,417$1,832
40 years$23,515$14,814$9,016$5,340$3,099$1,629
41 years$22,686$14,102$8,454$4,927$2,811$1,449
42 years$21,898$13,430$7,930$4,547$2,551$1,289
43 years$21,149$12,796$7,442$4,197$2,315$1,147
44 years$20,436$12,197$6,985$3,875$2,102$1,021
45 years$19,757$11,631$6,559$3,579$1,908$908
46 years$19,109$11,096$6,160$3,306$1,732$808
47 years$18,490$10,589$5,788$3,054$1,573$719
48 years$17,899$10,108$5,439$2,822$1,428$640
49 years$17,334$9,653$5,112$2,608$1,297$570
50 years$16,793$9,221$4,806$2,411$1,178$507

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 $5,808 every year, while hoping to spend $33,752 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: 38/36/26 Blend
39$17,200,000$17,200,000$17,200,000$17,200,000
40$18,960,391$18,048,791$17,782,191$19,533,661
41$20,858,439$18,897,270$18,341,982$20,802,057
42$22,948,957$19,786,193$18,919,396$22,168,406
43$25,251,540$20,717,506$19,514,986$23,644,454
44$27,787,784$21,693,251$20,129,324$25,240,168
45$30,581,483$22,715,565$20,763,001$26,966,481
46$33,658,858$23,786,692$21,416,626$28,835,382
47$37,048,805$24,908,983$22,090,826$30,860,028
48$40,783,164$26,084,904$22,786,250$33,054,859
49$44,897,022$27,317,039$23,503,564$35,435,723
50$49,429,043$28,608,100$24,243,459$38,020,020
51$54,421,836$29,960,927$25,006,645$40,826,856
52$59,922,351$31,378,500$25,793,855$43,877,216
53$65,982,327$32,863,942$26,605,846$47,194,147
54$72,658,779$34,420,530$27,443,396$50,802,974
55$80,014,536$36,051,699$28,307,312$54,731,518
56$88,118,835$37,761,048$29,198,423$59,010,357
57$97,047,970$39,552,353$30,117,585$63,673,095
58$106,886,020$41,429,575$31,065,680$68,756,675
59$117,725,634$43,396,864$32,043,620$74,301,706
60$129,668,911$45,458,573$33,052,344$80,352,839
61$142,828,364$47,619,267$34,092,821$86,959,175
62$157,327,977$49,883,731$35,166,051$94,174,710
63$173,304,381$52,256,985$36,273,064$102,058,831
64$190,908,140$54,744,289$37,414,924$110,676,862
65$210,305,175$57,351,163$38,592,728$120,100,662
66$231,678,325$60,083,393$39,807,607$130,409,287
67$255,229,081$62,947,045$41,060,728$141,689,717
68$281,179,479$65,948,483$42,353,296$154,037,660
69$309,774,205$69,094,378$43,686,550$167,558,432
70$341,282,898$72,391,726$45,061,773$182,367,934
71$376,002,696$75,847,863$46,480,285$198,593,722
72$414,261,045$79,470,483$47,943,449$216,376,188
73$456,418,788$83,267,652$49,452,670$235,869,863
74$502,873,568$87,247,831$51,009,398$257,244,849
75$554,063,588$91,419,891$52,615,129$280,688,399
76$610,471,742$95,793,134$54,271,405$306,406,658
77$672,630,179$100,377,317$55,979,816$334,626,581
78$741,125,322$105,182,670$57,742,004$365,598,043
79$816,603,405$110,219,921$59,559,662$399,596,168
80$899,776,577$115,500,322$61,434,535$436,923,893
81$991,429,621$121,035,670$63,368,425$477,914,792
82$1,092,427,364$126,838,339$65,363,188$522,936,195
83$1,203,722,842$132,921,305$67,420,742$572,392,608
84$1,326,366,297$139,298,174$69,543,062$626,729,502
85$1,461,515,092$145,983,218$71,732,188$686,437,471
86$1,610,444,636$152,991,400$73,990,221$752,056,821
87$1,774,560,426$160,338,416$76,319,331$824,182,629
88$1,955,411,316$168,040,725$78,721,754$903,470,310
89$2,154,704,137$176,115,587$81,199,800$990,641,754
90$2,374,319,813$184,581,105$83,755,847$1,086,492,095
91$2,616,331,117$193,456,262$86,392,351$1,191,897,155
92$2,883,022,241$202,760,969$89,111,845$1,307,821,662
93$3,176,910,358$212,516,105$91,916,940$1,435,328,294
94$3,500,769,389$222,743,568$94,810,332$1,575,587,653
95$3,857,656,186$233,466,323$97,794,798$1,729,889,247
96$4,250,939,400$244,708,455$100,873,206$1,899,653,596
97$4,684,331,272$256,495,223$104,048,512$2,086,445,574
98$5,161,922,692$268,853,119$107,323,767$2,291,989,105
99$5,688,221,810$281,809,925$110,702,116$2,518,183,359
100$6,268,196,602$295,394,779$114,186,805$2,767,120,604