Can I retire at age 40 with 17,300,000?

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 $17,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,370,832
2 years$707,237$694,065$681,300$668,923$656,917$648,148
3 years$466,808$453,579$440,846$428,585$416,775$408,201
4 years$346,617$333,429$320,823$308,772$297,248$288,936
5 years$274,521$261,412$248,972$237,166$225,963$217,937
6 years$226,473$213,463$201,206$189,664$178,797$171,068
7 years$192,166$179,266$167,203$155,933$145,410$137,981
8 years$166,448$153,664$141,802$130,808$120,631$113,504
9 years$146,455$133,792$122,134$111,420$101,589$94,760
10 years$130,471$117,931$106,479$96,045$86,559$80,025
11 years$117,401$104,987$93,742$83,588$74,444$68,201
12 years$106,517$94,231$83,194$73,318$64,511$58,554
13 years$97,315$85,157$74,328$64,729$56,255$50,577
14 years$89,434$77,405$66,784$57,459$49,313$43,908
15 years$82,611$70,711$60,297$51,243$43,419$38,280
16 years$76,646$64,876$54,668$45,883$38,374$33,493
17 years$71,388$59,749$49,746$41,225$34,025$29,394
18 years$66,719$55,210$45,412$37,152$30,253$25,865
19 years$62,547$51,168$41,572$33,570$26,965$22,811
20 years$58,797$47,548$38,153$30,404$24,086$20,158
21 years$55,409$44,289$35,093$27,594$21,554$17,843
22 years$52,332$41,342$32,344$25,089$19,320$15,818
23 years$49,527$38,667$29,864$22,849$17,343$14,042
24 years$46,960$36,228$27,619$20,840$15,588$12,479
25 years$44,602$33,998$25,581$19,032$14,027$11,101
26 years$42,429$31,953$23,725$17,402$12,635$9,884
27 years$40,420$30,071$22,031$15,928$11,392$8,808
28 years$38,558$28,336$20,480$14,594$10,279$7,854
29 years$36,827$26,732$19,059$13,383$9,282$7,008
30 years$35,215$25,246$17,752$12,282$8,386$6,257
31 years$33,710$23,865$16,550$11,280$7,582$5,588
32 years$32,302$22,581$15,442$10,367$6,859$4,994
33 years$30,982$21,385$14,418$9,533$6,207$4,464
34 years$29,742$20,268$13,471$8,771$5,620$3,992
35 years$28,576$19,224$12,595$8,074$5,090$3,571
36 years$27,476$18,246$11,782$7,436$4,612$3,195
37 years$26,439$17,330$11,028$6,852$4,180$2,860
38 years$25,459$16,470$10,327$6,315$3,789$2,560
39 years$24,531$15,661$9,675$5,823$3,436$2,292
40 years$23,652$14,900$9,069$5,371$3,117$2,053
41 years$22,818$14,184$8,503$4,955$2,828$1,838
42 years$22,025$13,508$7,977$4,573$2,566$1,647
43 years$21,272$12,870$7,485$4,222$2,329$1,475
44 years$20,555$12,268$7,026$3,898$2,114$1,322
45 years$19,872$11,699$6,597$3,600$1,919$1,185
46 years$19,220$11,160$6,196$3,325$1,742$1,062
47 years$18,598$10,650$5,821$3,072$1,582$951
48 years$18,003$10,167$5,470$2,839$1,437$853
49 years$17,435$9,709$5,142$2,624$1,305$764
50 years$16,891$9,274$4,834$2,425$1,185$685

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $17,300,000, adding $4,801 every year, while hoping to spend $59,314 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: 34/48/18 Blend
39$17,300,000$17,300,000$17,300,000$17,300,000
40$19,069,552$18,152,652$17,884,502$19,611,939
41$20,951,537$18,979,023$18,420,523$20,837,263
42$23,023,496$19,843,897$18,972,513$22,151,880
43$25,304,745$20,749,100$19,540,944$23,568,283
44$27,816,565$21,696,542$20,126,303$25,095,499
45$30,582,410$22,688,228$20,729,089$26,743,415
46$33,628,120$23,726,255$21,349,818$28,522,868
47$36,982,171$24,812,825$21,989,019$30,445,733
48$40,675,941$25,950,242$22,647,240$32,525,030
49$44,744,005$27,140,922$23,325,041$34,775,033
50$49,224,464$28,387,398$24,023,000$37,211,402
51$54,159,302$29,692,323$24,741,714$39,851,314
52$59,594,783$31,058,479$25,481,793$42,713,618
53$65,581,887$32,488,780$26,243,869$45,819,000
54$72,176,790$33,986,281$27,028,589$49,190,167
55$79,441,399$35,554,185$27,836,623$52,852,051
56$87,443,929$37,195,848$28,668,658$56,832,030
57$96,259,552$38,914,786$29,525,400$61,160,170
58$105,971,103$40,714,687$30,407,577$65,869,501
59$116,669,864$42,599,415$31,315,940$70,996,311
60$128,456,425$44,573,021$32,251,258$76,580,469
61$141,441,631$46,639,750$33,214,326$82,665,795
62$155,747,631$48,804,052$34,205,960$89,300,448
63$171,509,031$51,070,592$35,227,001$96,537,367
64$188,874,160$53,444,259$36,278,314$104,434,751
65$208,006,476$55,930,179$37,360,789$113,056,591
66$229,086,103$58,533,724$38,475,342$122,473,251
67$252,311,536$61,260,527$39,622,915$132,762,117
68$277,901,510$64,116,490$40,804,481$144,008,295
69$306,097,068$67,107,803$42,021,035$156,305,404
70$337,163,837$70,240,953$43,273,607$169,756,424
71$371,394,529$73,522,740$44,563,254$184,474,652
72$409,111,710$76,960,294$45,891,063$200,584,739
73$450,670,846$80,561,089$47,258,154$218,223,842
74$496,463,649$84,332,960$48,665,680$237,542,889
75$546,921,787$88,284,120$50,114,825$258,707,972
76$602,520,948$92,423,181$51,606,811$281,901,886
77$663,785,337$96,759,170$53,142,892$307,325,820
78$731,292,623$101,301,551$54,724,360$335,201,220
79$805,679,389$106,060,245$56,352,545$365,771,844
80$887,647,145$111,045,655$58,028,813$399,306,028
81$977,968,949$116,268,687$59,754,573$436,099,174
82$1,077,496,703$121,740,775$61,531,273$476,476,499
83$1,187,169,198$127,473,904$63,360,402$520,796,063
84$1,308,020,975$133,480,643$65,243,494$569,452,101
85$1,441,192,089$139,774,169$67,182,125$622,878,699
86$1,587,938,875$146,368,297$69,177,919$681,553,837
87$1,749,645,807$153,277,510$71,232,546$746,003,855
88$1,927,838,566$160,516,995$73,347,724$816,808,362
89$2,124,198,448$168,102,676$75,525,220$894,605,652
90$2,340,578,228$176,051,245$77,766,854$980,098,669
91$2,579,019,659$184,380,208$80,074,495$1,074,061,578
92$2,841,772,743$193,107,917$82,450,070$1,177,347,010
93$3,131,316,974$202,253,616$84,895,558$1,290,894,040
94$3,450,384,743$211,837,482$87,412,998$1,415,736,980
95$3,801,987,139$221,880,670$90,004,485$1,553,015,066
96$4,189,442,368$232,405,364$92,672,176$1,703,983,138
97$4,616,407,086$243,434,823$95,418,290$1,870,023,394
98$5,086,910,915$254,993,436$98,245,109$2,052,658,360
99$5,605,394,490$267,106,775$101,154,982$2,253,565,166
100$6,176,751,377$279,801,656$104,150,322$2,474,591,285