Can I retire at age 40 with 17,400,000?

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 $17,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$1,436,876$1,424,077$1,411,590$1,399,402$1,387,500$1,362,833
2 years$711,325$698,077$685,238$672,789$660,714$635,946
3 years$469,506$456,201$443,394$431,063$419,184$395,087
4 years$348,620$335,356$322,677$310,556$298,966$275,725
5 years$276,108$262,923$250,411$238,537$227,269$204,952
6 years$227,782$214,697$202,369$190,760$179,830$158,461
7 years$193,277$180,302$168,170$156,834$146,250$125,836
8 years$167,410$154,552$142,621$131,564$121,329$101,864
9 years$147,302$134,565$122,840$112,064$102,176$83,649
10 years$131,225$118,613$107,094$96,600$87,059$69,454
11 years$118,079$105,594$94,284$84,071$74,874$58,171
12 years$107,133$94,775$83,675$73,741$64,884$49,061
13 years$97,878$85,649$74,758$65,103$56,580$41,613
14 years$89,951$77,853$67,170$57,791$49,598$35,459
15 years$83,088$71,120$60,646$51,539$43,670$30,333
16 years$77,089$65,251$54,984$46,148$38,596$26,031
17 years$71,800$60,094$50,034$41,463$34,221$22,400
18 years$67,105$55,529$45,674$37,367$30,428$19,320
19 years$62,909$51,464$41,813$33,764$27,121$16,695
20 years$59,137$47,823$38,373$30,580$24,225$14,452
21 years$55,729$44,545$35,296$27,753$21,679$12,527
22 years$52,635$41,581$32,531$25,234$19,432$10,873
23 years$49,814$38,890$30,036$22,981$17,443$9,447
24 years$47,232$36,438$27,779$20,960$15,678$8,215
25 years$44,860$34,195$25,729$19,142$14,108$7,149
26 years$42,674$32,138$23,862$17,502$12,708$6,226
27 years$40,654$30,245$22,158$16,020$11,457$5,426
28 years$38,781$28,500$20,599$14,678$10,338$4,730
29 years$37,040$26,886$19,169$13,460$9,335$4,126
30 years$35,419$25,391$17,855$12,353$8,435$3,600
31 years$33,905$24,003$16,646$11,345$7,626$3,143
32 years$32,489$22,712$15,531$10,427$6,898$2,744
33 years$31,161$21,509$14,501$9,588$6,243$2,396
34 years$29,914$20,385$13,549$8,822$5,652$2,093
35 years$28,741$19,335$12,667$8,121$5,119$1,829
36 years$27,635$18,352$11,850$7,479$4,639$1,598
37 years$26,592$17,430$11,091$6,891$4,204$1,397
38 years$25,606$16,565$10,387$6,352$3,811$1,221
39 years$24,673$15,751$9,731$5,857$3,456$1,067
40 years$23,789$14,986$9,121$5,402$3,135$933
41 years$22,950$14,266$8,553$4,984$2,844$816
42 years$22,153$13,586$8,023$4,600$2,581$714
43 years$21,395$12,945$7,528$4,246$2,342$624
44 years$20,674$12,339$7,066$3,920$2,126$546
45 years$19,986$11,766$6,635$3,621$1,930$477
46 years$19,331$11,225$6,232$3,344$1,752$417
47 years$18,705$10,712$5,855$3,090$1,591$365
48 years$18,107$10,226$5,502$2,855$1,445$319
49 years$17,536$9,765$5,171$2,639$1,312$279
50 years$16,988$9,328$4,862$2,439$1,192$244

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $17,400,000, adding $6,406 every year, while hoping to spend $20,677 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: 51/20/29 Blend
39$17,400,000$17,400,000$17,400,000$17,400,000
40$19,181,408$18,259,208$17,989,508$20,002,369
41$21,115,911$19,131,909$18,570,156$21,448,767
42$23,247,041$20,046,679$19,169,563$23,018,124
43$25,594,831$21,005,558$19,788,336$24,724,309
44$28,181,359$22,010,685$20,427,099$26,580,364
45$31,030,951$23,064,303$21,086,501$28,600,628
46$34,170,418$24,168,763$21,767,209$30,800,861
47$37,629,301$25,326,533$22,469,910$33,198,391
48$41,440,155$26,540,199$23,195,318$35,812,270
49$45,638,855$27,812,473$23,944,166$38,663,449
50$50,264,935$29,146,201$24,717,211$41,774,971
51$55,361,958$30,544,365$25,515,238$45,172,181
52$60,977,933$32,010,094$26,339,054$48,882,959
53$67,165,763$33,546,669$27,189,493$52,937,975
54$73,983,746$35,157,530$28,067,416$57,370,975
55$81,496,126$36,846,287$28,973,712$62,219,089
56$89,773,698$38,616,723$29,909,299$67,523,174
57$98,894,480$40,472,807$30,875,125$73,328,194
58$108,944,443$42,418,701$31,872,168$79,683,633
59$120,018,329$44,458,770$32,901,438$86,643,956
60$132,220,539$46,597,590$33,963,977$94,269,112
61$145,666,126$48,839,964$35,060,862$102,625,093
62$160,481,874$51,190,926$36,193,204$111,784,544
63$176,807,499$53,655,755$37,362,151$121,827,439
64$194,796,967$56,239,990$38,568,886$132,841,827
65$214,619,946$58,949,438$39,814,632$144,924,650
66$236,463,411$61,790,190$41,100,652$158,182,647
67$260,533,404$64,768,635$42,428,249$172,733,351
68$287,056,984$67,891,471$43,798,768$188,706,180
69$316,284,368$71,165,724$45,213,599$206,243,654
70$348,491,294$74,598,765$46,674,175$225,502,717
71$383,981,623$78,198,322$48,181,976$246,656,211
72$423,090,208$81,972,499$49,738,532$269,894,489
73$466,186,056$85,929,799$51,345,420$295,427,197
74$513,675,811$90,079,136$53,004,269$323,485,236
75$566,007,593$94,429,863$54,716,761$354,322,924
76$623,675,227$98,991,786$56,484,633$388,220,380
77$687,222,909$103,775,192$58,309,676$425,486,145
78$757,250,337$108,790,867$60,193,741$466,460,083
79$834,418,379$114,050,128$62,138,740$511,516,561
80$919,455,310$119,564,840$64,146,644$561,067,963
81$1,013,163,685$125,347,451$66,219,489$615,568,565
82$1,116,427,917$131,411,013$68,359,379$675,518,793
83$1,230,222,630$137,769,218$70,568,484$741,469,928
84$1,355,621,855$144,436,426$72,849,044$814,029,280
85$1,493,809,170$151,427,697$75,203,374$893,865,900
86$1,646,088,879$158,758,828$77,633,860$981,716,861
87$1,813,898,321$166,446,386$80,142,970$1,078,394,191
88$1,998,821,439$174,507,749$82,733,249$1,184,792,508
89$2,202,603,738$182,961,141$85,407,326$1,301,897,431
90$2,427,168,761$191,825,678$88,167,913$1,430,794,854
91$2,674,636,249$201,121,410$91,017,812$1,572,681,160
92$2,947,342,153$210,869,366$93,959,915$1,728,874,480
93$3,247,860,689$221,091,601$96,997,209$1,900,827,096
94$3,579,028,639$231,811,250$100,132,775$2,090,139,114
95$3,943,972,134$243,052,575$103,369,797$2,298,573,528
96$4,346,136,167$254,841,026$106,711,560$2,528,072,816
97$4,789,317,115$267,203,296$110,161,457$2,780,777,235
98$5,277,698,585$280,167,381$113,722,990$3,059,044,980
99$5,815,890,905$293,762,648$117,399,774$3,365,474,393
100$6,408,974,654$308,019,894$121,195,544$3,702,928,440