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%12.6%
1 years$1,436,876$1,424,077$1,411,590$1,399,402$1,387,500$1,372,439
2 years$711,325$698,077$685,238$672,789$660,714$645,550
3 years$469,506$456,201$443,394$431,063$419,184$404,387
4 years$348,620$335,356$322,677$310,556$298,966$284,650
5 years$276,108$262,923$250,411$238,537$227,269$213,476
6 years$227,782$214,697$202,369$190,760$179,830$166,577
7 years$193,277$180,302$168,170$156,834$146,250$133,542
8 years$167,410$154,552$142,621$131,564$121,329$109,165
9 years$147,302$134,565$122,840$112,064$102,176$90,553
10 years$131,225$118,613$107,094$96,600$87,059$75,969
11 years$118,079$105,594$94,284$84,071$74,874$64,306
12 years$107,133$94,775$83,675$73,741$64,884$54,829
13 years$97,878$85,649$74,758$65,103$56,580$47,025
14 years$89,951$77,853$67,170$57,791$49,598$40,530
15 years$83,088$71,120$60,646$51,539$43,670$35,074
16 years$77,089$65,251$54,984$46,148$38,596$30,458
17 years$71,800$60,094$50,034$41,463$34,221$26,527
18 years$67,105$55,529$45,674$37,367$30,428$23,161
19 years$62,909$51,464$41,813$33,764$27,121$20,266
20 years$59,137$47,823$38,373$30,580$24,225$17,765
21 years$55,729$44,545$35,296$27,753$21,679$15,598
22 years$52,635$41,581$32,531$25,234$19,432$13,714
23 years$49,814$38,890$30,036$22,981$17,443$12,072
24 years$47,232$36,438$27,779$20,960$15,678$10,638
25 years$44,860$34,195$25,729$19,142$14,108$9,383
26 years$42,674$32,138$23,862$17,502$12,708$8,283
27 years$40,654$30,245$22,158$16,020$11,457$7,317
28 years$38,781$28,500$20,599$14,678$10,338$6,467
29 years$37,040$26,886$19,169$13,460$9,335$5,720
30 years$35,419$25,391$17,855$12,353$8,435$5,061
31 years$33,905$24,003$16,646$11,345$7,626$4,480
32 years$32,489$22,712$15,531$10,427$6,898$3,967
33 years$31,161$21,509$14,501$9,588$6,243$3,514
34 years$29,914$20,385$13,549$8,822$5,652$3,114
35 years$28,741$19,335$12,667$8,121$5,119$2,760
36 years$27,635$18,352$11,850$7,479$4,639$2,447
37 years$26,592$17,430$11,091$6,891$4,204$2,169
38 years$25,606$16,565$10,387$6,352$3,811$1,924
39 years$24,673$15,751$9,731$5,857$3,456$1,707
40 years$23,789$14,986$9,121$5,402$3,135$1,514
41 years$22,950$14,266$8,553$4,984$2,844$1,343
42 years$22,153$13,586$8,023$4,600$2,581$1,192
43 years$21,395$12,945$7,528$4,246$2,342$1,058
44 years$20,674$12,339$7,066$3,920$2,126$939
45 years$19,986$11,766$6,635$3,621$1,930$833
46 years$19,331$11,225$6,232$3,344$1,752$740
47 years$18,705$10,712$5,855$3,090$1,591$656
48 years$18,107$10,226$5,502$2,855$1,445$583
49 years$17,536$9,765$5,171$2,639$1,312$517
50 years$16,988$9,328$4,862$2,439$1,192$459

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 $5,095 every year, while hoping to spend $53,070 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$17,400,000$17,400,000$17,400,000$17,400,000
40$19,180,055$18,257,855$17,988,155$20,400,019
41$21,079,955$19,096,024$18,534,293$22,053,496
42$23,171,866$19,973,485$19,096,947$23,854,771
43$25,475,317$20,892,106$19,676,615$25,823,780
44$28,011,827$21,853,847$20,273,810$27,977,033
45$30,805,109$22,860,762$20,889,058$30,332,697
46$33,881,293$23,915,001$21,522,904$32,910,772
47$37,269,170$25,018,822$22,175,906$35,733,267
48$41,000,468$26,174,587$22,848,642$38,824,414
49$45,110,148$27,384,774$23,541,704$42,210,884
50$49,636,737$28,651,982$24,255,705$45,922,044
51$54,622,686$29,978,931$24,991,273$49,990,221
52$60,114,776$31,368,475$25,749,057$54,451,013
53$66,164,558$32,823,605$26,529,725$59,343,611
54$72,828,837$34,347,455$27,333,965$64,711,173
55$80,170,211$35,943,313$28,162,485$70,601,221
56$88,257,658$37,614,621$29,016,014$77,066,087
57$97,167,194$39,364,992$29,895,305$84,163,403
58$106,982,580$41,198,209$30,801,130$91,956,638
59$117,796,122$43,118,240$31,734,287$100,515,693
60$129,709,537$45,129,244$32,695,596$109,917,553
61$142,834,914$47,235,581$33,685,902$120,247,013
62$157,295,772$49,441,822$34,706,077$131,597,465
63$173,228,226$51,752,756$35,757,016$144,071,779
64$190,782,271$54,173,407$36,839,642$157,783,266
65$210,123,199$56,709,041$37,954,906$172,856,738
66$231,433,157$59,365,176$39,103,788$189,429,683
67$254,912,869$62,147,599$40,287,295$207,653,552
68$280,783,528$65,062,378$41,506,465$227,695,183
69$309,288,885$68,115,871$42,762,369$249,738,367
70$340,697,549$71,314,747$44,056,106$273,985,573
71$375,305,525$74,665,996$45,388,812$300,659,853
72$413,439,005$78,176,945$46,761,653$330,006,936
73$455,457,447$81,855,279$48,175,832$362,297,538
74$501,756,972$85,709,053$49,632,587$397,829,911
75$552,774,099$89,746,712$51,133,195$436,932,640
76$608,989,866$93,977,111$52,678,967$479,967,744
77$670,934,376$98,409,533$54,271,255$527,334,074
78$739,191,794$103,053,711$55,911,453$579,471,069
79$814,405,864$107,919,850$57,600,994$636,862,893
80$897,285,990$113,018,651$59,341,355$700,042,988
81$988,613,926$118,361,330$61,134,056$769,599,103
82$1,089,251,162$123,959,650$62,980,662$846,178,821
83$1,200,147,052$129,825,945$64,882,786$930,495,664
84$1,322,347,780$135,973,145$66,842,088$1,023,335,806
85$1,457,006,232$142,414,808$68,860,277$1,125,565,485
86$1,605,392,885$149,165,150$70,939,113$1,238,139,161
87$1,768,907,794$156,239,078$73,080,409$1,362,108,506
88$1,949,093,817$163,652,220$75,286,030$1,498,632,319
89$2,147,651,173$171,420,965$77,557,898$1,648,987,442
90$2,366,453,497$179,562,498$79,897,993$1,814,580,793
91$2,607,565,529$188,094,835$82,308,350$1,996,962,631
92$2,873,262,601$197,036,870$84,791,069$2,197,841,167
93$3,166,052,125$206,408,415$87,348,308$2,419,098,664
94$3,488,697,257$216,230,243$89,982,292$2,662,809,188
95$3,844,242,990$226,524,137$92,695,311$2,931,258,159
96$4,236,044,893$237,312,938$95,489,722$3,226,963,902
97$4,667,800,797$248,620,598$98,367,953$3,552,701,392
98$5,143,585,703$260,472,231$101,332,503$3,911,528,426
99$5,667,890,249$272,894,175$104,385,947$4,306,814,457
100$6,245,663,111$285,914,047$107,530,933$4,742,272,373