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%13.8%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,357,790
2 years$707,237$694,065$681,300$668,923$656,917$635,075
3 years$466,808$453,579$440,846$428,585$416,775$395,506
4 years$346,617$333,429$320,823$308,772$297,248$276,716
5 years$274,521$261,412$248,972$237,166$225,963$206,228
6 years$226,473$213,463$201,206$189,664$178,797$159,881
7 years$192,166$179,266$167,203$155,933$145,410$127,319
8 years$166,448$153,664$141,802$130,808$120,631$103,363
9 years$146,455$133,792$122,134$111,420$101,589$85,133
10 years$130,471$117,931$106,479$96,045$86,559$70,903
11 years$117,401$104,987$93,742$83,588$74,444$59,571
12 years$106,517$94,231$83,194$73,318$64,511$50,404
13 years$97,315$85,157$74,328$64,729$56,255$42,893
14 years$89,434$77,405$66,784$57,459$49,313$36,673
15 years$82,611$70,711$60,297$51,243$43,419$31,479
16 years$76,646$64,876$54,668$45,883$38,374$27,109
17 years$71,388$59,749$49,746$41,225$34,025$23,411
18 years$66,719$55,210$45,412$37,152$30,253$20,265
19 years$62,547$51,168$41,572$33,570$26,965$17,577
20 years$58,797$47,548$38,153$30,404$24,086$15,272
21 years$55,409$44,289$35,093$27,594$21,554$13,289
22 years$52,332$41,342$32,344$25,089$19,320$11,578
23 years$49,527$38,667$29,864$22,849$17,343$10,098
24 years$46,960$36,228$27,619$20,840$15,588$8,816
25 years$44,602$33,998$25,581$19,032$14,027$7,703
26 years$42,429$31,953$23,725$17,402$12,635$6,735
27 years$40,420$30,071$22,031$15,928$11,392$5,893
28 years$38,558$28,336$20,480$14,594$10,279$5,158
29 years$36,827$26,732$19,059$13,383$9,282$4,518
30 years$35,215$25,246$17,752$12,282$8,386$3,958
31 years$33,710$23,865$16,550$11,280$7,582$3,470
32 years$32,302$22,581$15,442$10,367$6,859$3,042
33 years$30,982$21,385$14,418$9,533$6,207$2,668
34 years$29,742$20,268$13,471$8,771$5,620$2,340
35 years$28,576$19,224$12,595$8,074$5,090$2,053
36 years$27,476$18,246$11,782$7,436$4,612$1,802
37 years$26,439$17,330$11,028$6,852$4,180$1,582
38 years$25,459$16,470$10,327$6,315$3,789$1,388
39 years$24,531$15,661$9,675$5,823$3,436$1,219
40 years$23,652$14,900$9,069$5,371$3,117$1,070
41 years$22,818$14,184$8,503$4,955$2,828$940
42 years$22,025$13,508$7,977$4,573$2,566$825
43 years$21,272$12,870$7,485$4,222$2,329$725
44 years$20,555$12,268$7,026$3,898$2,114$637
45 years$19,872$11,699$6,597$3,600$1,919$559
46 years$19,220$11,160$6,196$3,325$1,742$491
47 years$18,598$10,650$5,821$3,072$1,582$432
48 years$18,003$10,167$5,470$2,839$1,437$379
49 years$17,435$9,709$5,142$2,624$1,305$333
50 years$16,891$9,274$4,834$2,425$1,185$293

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 $4,287 every year, while hoping to spend $51,208 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: 75/12/13 Blend
39$17,300,000$17,300,000$17,300,000$17,300,000
40$19,069,022$18,152,122$17,883,972$20,447,953
41$20,959,577$18,987,091$18,428,600$22,193,886
42$23,041,253$19,861,257$18,989,757$24,099,974
43$25,333,489$20,776,487$19,567,942$26,187,552
44$27,857,708$21,734,738$20,163,671$28,474,641
45$30,637,513$22,738,059$20,777,473$30,981,078
46$33,698,915$23,788,599$21,409,894$33,728,707
47$37,070,576$24,888,612$22,061,497$36,741,574
48$40,784,079$26,040,459$22,732,861$40,046,159
49$44,874,227$27,246,613$23,424,584$43,671,618
50$49,379,370$28,509,669$24,137,280$47,650,058
51$54,341,769$29,832,347$24,871,582$52,016,834
52$59,807,993$31,217,495$25,628,143$56,810,881
53$65,829,357$32,668,101$26,407,635$62,075,078
54$72,462,410$34,187,297$27,210,750$67,856,652
55$79,769,467$35,778,365$28,038,200$74,207,612
56$87,819,193$37,444,746$28,890,721$81,185,246
57$96,687,259$39,190,046$29,769,068$88,852,648
58$106,457,048$41,018,048$30,674,021$97,279,317
59$117,220,449$42,932,713$31,606,382$106,541,805
60$129,078,716$44,938,198$32,566,978$116,724,435
61$142,143,433$47,038,858$33,556,660$127,920,091
62$156,537,560$49,239,258$34,576,304$140,231,095
63$172,396,596$51,544,187$35,626,815$153,770,159
64$189,869,858$53,958,661$36,709,123$168,661,452
65$209,121,890$56,487,942$37,824,185$185,041,761
66$230,334,017$59,137,545$38,972,989$203,061,777
67$253,706,054$61,913,252$40,156,552$222,887,512
68$279,458,195$64,821,125$41,375,920$244,701,861
69$307,833,089$67,867,518$42,632,171$268,706,318
70$339,098,132$71,059,095$43,926,417$295,122,875
71$373,547,991$74,402,840$45,259,801$324,196,107
72$411,507,383$77,906,076$46,633,502$356,195,473
73$453,334,145$81,576,483$48,048,733$391,417,855
74$499,422,606$85,422,109$49,506,744$430,190,349
75$550,207,315$89,451,395$51,008,822$472,873,343
76$606,167,137$93,673,189$52,556,293$519,863,913
77$667,829,779$98,096,769$54,150,523$571,599,560
78$735,776,769$102,731,863$55,792,918$628,562,332
79$810,648,944$107,588,670$57,484,927$691,283,358
80$893,152,505$112,677,883$59,228,040$760,347,861
81$984,065,676$118,010,715$61,023,794$836,400,661
82$1,084,246,056$123,598,921$62,873,773$920,152,257
83$1,194,638,714$129,454,828$64,779,604$1,012,385,520
84$1,316,285,109$135,591,361$66,742,967$1,113,963,067
85$1,450,332,923$142,022,071$68,765,590$1,225,835,398
86$1,598,046,897$148,761,168$70,849,253$1,349,049,848
87$1,760,820,767$155,823,552$72,995,789$1,484,760,463
88$1,940,190,424$163,224,844$75,207,087$1,634,238,878
89$2,137,848,412$170,981,427$77,485,090$1,798,886,305
90$2,355,659,911$179,110,477$79,831,800$1,980,246,745
91$2,595,680,337$187,630,006$82,249,281$2,180,021,547
92$2,860,174,755$196,558,900$84,739,656$2,400,085,449
93$3,151,639,257$205,916,963$87,305,111$2,642,504,258
94$3,472,824,528$215,724,961$89,947,900$2,909,554,334
95$3,826,761,817$226,004,671$92,670,341$3,203,744,057
96$4,216,791,548$236,778,925$95,474,823$3,527,837,483
97$4,646,594,862$248,071,669$98,363,806$3,884,880,422
98$5,120,228,368$259,908,011$101,339,823$4,278,229,161
99$5,642,162,437$272,314,279$104,405,483$4,711,582,129
100$6,217,323,411$285,318,084$107,563,472$5,189,014,784