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%20%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,324,269
2 years$707,237$694,065$681,300$668,923$656,917$601,941
3 years$466,808$453,579$440,846$428,585$416,775$363,810
4 years$346,617$333,429$320,823$308,772$297,248$246,697
5 years$274,521$261,412$248,972$237,166$225,963$177,955
6 years$226,473$213,463$201,206$189,664$178,797$133,362
7 years$192,166$179,266$167,203$155,933$145,410$102,530
8 years$166,448$153,664$141,802$130,808$120,631$80,263
9 years$146,455$133,792$122,134$111,420$101,589$63,670
10 years$130,471$117,931$106,479$96,045$86,559$51,015
11 years$117,401$104,987$93,742$83,588$74,444$41,190
12 years$106,517$94,231$83,194$73,318$64,511$33,458
13 years$97,315$85,157$74,328$64,729$56,255$27,306
14 years$89,434$77,405$66,784$57,459$49,313$22,371
15 years$82,611$70,711$60,297$51,243$43,419$18,384
16 years$76,646$64,876$54,668$45,883$38,374$15,145
17 years$71,388$59,749$49,746$41,225$34,025$12,501
18 years$66,719$55,210$45,412$37,152$30,253$10,336
19 years$62,547$51,168$41,572$33,570$26,965$8,558
20 years$58,797$47,548$38,153$30,404$24,086$7,093
21 years$55,409$44,289$35,093$27,594$21,554$5,885
22 years$52,332$41,342$32,344$25,089$19,320$4,886
23 years$49,527$38,667$29,864$22,849$17,343$4,059
24 years$46,960$36,228$27,619$20,840$15,588$3,374
25 years$44,602$33,998$25,581$19,032$14,027$2,806
26 years$42,429$31,953$23,725$17,402$12,635$2,334
27 years$40,420$30,071$22,031$15,928$11,392$1,942
28 years$38,558$28,336$20,480$14,594$10,279$1,616
29 years$36,827$26,732$19,059$13,383$9,282$1,346
30 years$35,215$25,246$17,752$12,282$8,386$1,120
31 years$33,710$23,865$16,550$11,280$7,582$933
32 years$32,302$22,581$15,442$10,367$6,859$777
33 years$30,982$21,385$14,418$9,533$6,207$647
34 years$29,742$20,268$13,471$8,771$5,620$539
35 years$28,576$19,224$12,595$8,074$5,090$449
36 years$27,476$18,246$11,782$7,436$4,612$374
37 years$26,439$17,330$11,028$6,852$4,180$312
38 years$25,459$16,470$10,327$6,315$3,789$260
39 years$24,531$15,661$9,675$5,823$3,436$216
40 years$23,652$14,900$9,069$5,371$3,117$180
41 years$22,818$14,184$8,503$4,955$2,828$150
42 years$22,025$13,508$7,977$4,573$2,566$125
43 years$21,272$12,870$7,485$4,222$2,329$104
44 years$20,555$12,268$7,026$3,898$2,114$87
45 years$19,872$11,699$6,597$3,600$1,919$72
46 years$19,220$11,160$6,196$3,325$1,742$60
47 years$18,598$10,650$5,821$3,072$1,582$50
48 years$18,003$10,167$5,470$2,839$1,437$42
49 years$17,435$9,709$5,142$2,624$1,305$35
50 years$16,891$9,274$4,834$2,425$1,185$29

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 $6,047 every year, while hoping to spend $49,523 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: 68/14/18 Blend
39$17,300,000$17,300,000$17,300,000$17,300,000
40$19,070,837$18,153,937$17,885,787$20,283,790
41$20,963,371$18,990,788$18,432,269$21,931,388
42$23,047,283$19,866,985$18,995,398$23,726,562
43$25,342,042$20,784,403$19,575,680$25,688,985
44$27,869,100$21,745,009$20,173,636$27,835,119
45$30,652,096$22,750,863$20,789,801$30,183,080
46$33,717,080$23,804,125$21,424,728$32,752,808
47$37,092,753$24,907,058$22,078,988$35,566,250
48$40,810,745$26,062,035$22,753,166$38,647,567
49$44,905,911$27,271,545$23,447,867$42,023,354
50$49,416,656$28,538,193$24,163,712$45,722,889
51$54,385,304$29,864,713$24,901,345$49,778,410
52$59,858,489$31,253,968$25,661,425$54,225,406
53$65,887,606$32,708,963$26,444,633$59,102,957
54$72,529,283$34,232,844$27,251,670$64,454,094
55$79,845,928$35,828,912$28,083,259$70,326,198
56$87,906,309$37,500,624$28,940,144$76,771,449
57$96,786,205$39,251,607$29,823,092$83,847,310
58$106,569,125$41,085,663$30,732,892$91,617,062
59$117,347,090$43,006,775$31,670,358$100,150,401
60$129,221,507$45,019,120$32,636,329$109,524,085
61$142,304,122$47,127,079$33,631,668$119,822,657
62$156,718,078$49,335,241$34,657,264$131,139,236
63$172,599,073$51,648,420$35,714,034$143,576,385
64$190,096,647$54,071,660$36,802,922$157,247,079
65$209,375,586$56,610,252$37,924,901$172,275,763
66$230,617,482$59,269,742$39,080,972$188,799,514
67$254,022,448$62,055,942$40,272,167$206,969,335
68$279,811,003$64,974,948$41,499,550$226,951,568
69$308,226,156$68,033,151$42,764,215$248,929,456
70$339,535,699$71,237,251$44,067,292$273,104,866
71$374,034,735$74,594,271$45,409,941$299,700,184
72$412,048,465$78,111,577$46,793,360$328,960,408
73$453,935,254$81,796,890$48,218,783$361,155,445
74$500,090,017$85,658,305$49,687,480$396,582,656
75$550,947,948$89,704,310$51,200,759$435,569,647
76$606,988,622$93,943,806$52,759,969$478,477,351
77$668,740,532$98,386,122$54,366,498$525,703,427
78$736,786,066$103,041,042$56,021,776$577,685,999
79$811,767,016$107,918,825$57,727,277$634,907,779
80$894,390,630$113,030,225$59,484,518$697,900,613
81$985,436,288$118,386,520$61,295,064$767,250,487
82$1,085,762,865$123,999,535$63,160,524$843,603,041
83$1,196,316,833$129,881,668$65,082,557$927,669,655
84$1,318,141,199$136,045,919$67,062,872$1,020,234,145
85$1,452,385,353$142,505,920$69,103,229$1,122,160,145
86$1,600,315,913$149,275,964$71,205,442$1,234,399,247
87$1,763,328,689$156,371,039$73,371,377$1,357,999,964
88$1,942,961,855$163,806,860$75,602,958$1,494,117,608
89$2,140,910,474$171,599,906$77,902,167$1,644,025,180
90$2,359,042,498$179,767,457$80,271,045$1,809,125,367
91$2,599,416,401$188,327,630$82,711,693$1,990,963,760
92$2,864,300,616$197,299,427$85,226,277$2,191,243,425
93$3,156,194,950$206,702,770$87,817,028$2,411,840,959
94$3,477,854,179$216,558,549$90,486,243$2,654,824,178
95$3,832,314,061$226,888,674$93,236,288$2,922,471,614
96$4,222,919,991$237,716,115$96,069,600$3,217,294,002
97$4,653,358,588$249,064,963$98,988,689$3,542,057,951
98$5,127,692,496$260,960,478$101,996,142$3,899,812,035
99$5,650,398,740$273,429,151$105,094,622$4,293,915,545
100$6,226,410,991$286,498,759$108,286,872$4,728,070,167