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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.4%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,360,034
2 years$707,237$694,065$681,300$668,923$656,917$637,317
3 years$466,808$453,579$440,846$428,585$416,775$397,676
4 years$346,617$333,429$320,823$308,772$297,248$278,797
5 years$274,521$261,412$248,972$237,166$225,963$208,214
6 years$226,473$213,463$201,206$189,664$178,797$161,770
7 years$192,166$179,266$167,203$155,933$145,410$129,112
8 years$166,448$153,664$141,802$130,808$120,631$105,060
9 years$146,455$133,792$122,134$111,420$101,589$86,737
10 years$130,471$117,931$106,479$96,045$86,559$72,415
11 years$117,401$104,987$93,742$83,588$74,444$60,994
12 years$106,517$94,231$83,194$73,318$64,511$51,741
13 years$97,315$85,157$74,328$64,729$56,255$44,146
14 years$89,434$77,405$66,784$57,459$49,313$37,846
15 years$82,611$70,711$60,297$51,243$43,419$32,574
16 years$76,646$64,876$54,668$45,883$38,374$28,131
17 years$71,388$59,749$49,746$41,225$34,025$24,363
18 years$66,719$55,210$45,412$37,152$30,253$21,150
19 years$62,547$51,168$41,572$33,570$26,965$18,398
20 years$58,797$47,548$38,153$30,404$24,086$16,033
21 years$55,409$44,289$35,093$27,594$21,554$13,993
22 years$52,332$41,342$32,344$25,089$19,320$12,228
23 years$49,527$38,667$29,864$22,849$17,343$10,699
24 years$46,960$36,228$27,619$20,840$15,588$9,369
25 years$44,602$33,998$25,581$19,032$14,027$8,212
26 years$42,429$31,953$23,725$17,402$12,635$7,204
27 years$40,420$30,071$22,031$15,928$11,392$6,323
28 years$38,558$28,336$20,480$14,594$10,279$5,553
29 years$36,827$26,732$19,059$13,383$9,282$4,879
30 years$35,215$25,246$17,752$12,282$8,386$4,289
31 years$33,710$23,865$16,550$11,280$7,582$3,772
32 years$32,302$22,581$15,442$10,367$6,859$3,318
33 years$30,982$21,385$14,418$9,533$6,207$2,920
34 years$29,742$20,268$13,471$8,771$5,620$2,570
35 years$28,576$19,224$12,595$8,074$5,090$2,262
36 years$27,476$18,246$11,782$7,436$4,612$1,992
37 years$26,439$17,330$11,028$6,852$4,180$1,754
38 years$25,459$16,470$10,327$6,315$3,789$1,545
39 years$24,531$15,661$9,675$5,823$3,436$1,361
40 years$23,652$14,900$9,069$5,371$3,117$1,199
41 years$22,818$14,184$8,503$4,955$2,828$1,057
42 years$22,025$13,508$7,977$4,573$2,566$931
43 years$21,272$12,870$7,485$4,222$2,329$821
44 years$20,555$12,268$7,026$3,898$2,114$723
45 years$19,872$11,699$6,597$3,600$1,919$638
46 years$19,220$11,160$6,196$3,325$1,742$562
47 years$18,598$10,650$5,821$3,072$1,582$495
48 years$18,003$10,167$5,470$2,839$1,437$437
49 years$17,435$9,709$5,142$2,624$1,305$385
50 years$16,891$9,274$4,834$2,425$1,185$339

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 $5,261 every year, while hoping to spend $42,631 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: 65/29/6 Blend
39$17,300,000$17,300,000$17,300,000$17,300,000
40$19,070,027$18,153,127$17,884,977$20,290,822
41$20,969,810$18,997,271$18,438,764$21,946,966
42$23,061,943$19,881,349$19,009,675$23,750,026
43$25,366,000$20,807,274$19,598,238$25,718,716
44$27,903,550$21,777,048$20,204,997$27,869,128
45$30,698,362$22,792,774$20,830,514$30,218,964
46$33,776,627$23,856,652$21,475,369$32,787,689
47$37,167,207$24,970,992$22,140,157$35,596,715
48$40,901,905$26,138,213$22,825,496$38,669,600
49$45,015,767$27,360,853$23,532,017$42,032,257
50$49,547,412$28,641,572$24,260,376$45,713,198
51$54,539,395$29,983,156$25,011,247$49,743,796
52$60,038,613$31,388,530$25,785,323$54,158,576
53$66,096,741$32,860,758$26,583,321$58,995,529
54$72,770,725$34,403,051$27,405,978$64,296,469
55$80,123,317$36,018,779$28,254,057$70,107,417
56$88,223,668$37,711,472$29,128,340$76,479,029
57$97,147,980$39,484,831$30,029,637$83,467,064
58$106,980,224$41,342,739$30,958,780$91,132,905
59$117,812,937$43,289,263$31,916,629$99,544,125
60$129,748,089$45,328,669$32,904,069$108,775,119
61$142,898,051$47,465,431$33,922,012$118,907,797
62$157,386,653$49,704,237$34,971,400$130,032,341
63$173,350,351$52,050,005$36,053,202$142,248,053
64$190,939,520$54,507,888$37,168,417$155,664,275
65$210,319,868$57,083,292$38,318,076$170,401,413
66$231,674,004$59,781,882$39,503,241$186,592,059
67$255,203,159$62,609,601$40,725,007$204,382,231
68$281,129,088$65,572,679$41,984,501$223,932,737
69$309,696,161$68,677,646$43,282,888$245,420,679
70$341,173,670$71,931,351$44,621,365$269,041,108
71$375,858,373$75,340,976$46,001,169$295,008,854
72$414,077,293$78,914,050$47,423,574$323,560,534
73$456,190,806$82,658,467$48,889,893$354,956,767
74$502,596,042$86,582,506$50,401,478$389,484,621
75$553,730,636$90,694,846$51,959,726$427,460,301
76$610,076,858$95,004,590$53,566,073$469,232,115
77$672,166,163$99,521,281$55,222,003$515,183,740
78$740,584,214$104,254,926$56,929,042$565,737,826
79$815,976,405$109,216,019$58,688,766$621,359,958
80$899,053,956$114,415,561$60,502,797$682,563,032
81$990,600,628$119,865,092$62,372,809$749,912,069
82$1,091,480,120$125,576,710$64,300,527$824,029,526
83$1,202,644,225$131,563,101$66,287,727$905,601,141
84$1,325,141,812$137,837,570$68,336,242$995,382,381
85$1,460,128,731$144,414,065$70,447,960$1,094,205,542
86$1,608,878,724$151,307,216$72,624,829$1,202,987,576
87$1,772,795,446$158,532,362$74,868,853$1,322,738,714
88$1,953,425,724$166,105,590$77,182,102$1,454,571,969
89$2,152,474,152$174,043,768$79,566,706$1,599,713,607
90$2,371,819,188$182,364,585$82,024,864$1,759,514,685
91$2,613,530,887$191,086,592$84,558,839$1,935,463,768
92$2,879,890,443$200,229,240$87,170,965$2,129,200,937
93$3,173,411,725$209,812,930$89,863,649$2,342,533,232
94$3,496,865,010$219,859,052$92,639,371$2,577,451,665
95$3,853,303,137$230,390,042$95,500,685$2,836,149,967
96$4,246,090,326$241,429,423$98,450,228$3,121,045,252
97$4,678,933,942$253,001,868$101,490,713$3,434,800,777
98$5,155,919,493$265,133,248$104,624,941$3,780,351,037
99$5,681,549,200$277,850,696$107,855,795$4,160,929,407
100$6,260,784,504$291,182,665$111,186,249$4,580,098,607