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%17.2%
1 years$1,436,876$1,424,077$1,411,590$1,399,402$1,387,500$1,346,864
2 years$711,325$698,077$685,238$672,789$660,714$620,103
3 years$469,506$456,201$443,394$431,063$419,184$379,871
4 years$348,620$335,356$322,677$310,556$298,966$261,252
5 years$276,108$262,923$250,411$238,537$227,269$191,257
6 years$227,782$214,697$202,369$190,760$179,830$145,553
7 years$193,277$180,302$168,170$156,834$146,250$113,707
8 years$167,410$154,552$142,621$131,564$121,329$90,501
9 years$147,302$134,565$122,840$112,064$102,176$73,032
10 years$131,225$118,613$107,094$96,600$87,059$59,558
11 years$118,079$105,594$94,284$84,071$74,874$48,970
12 years$107,133$94,775$83,675$73,741$64,884$40,526
13 years$97,878$85,649$74,758$65,103$56,580$33,713
14 years$89,951$77,853$67,170$57,791$49,598$28,164
15 years$83,088$71,120$60,646$51,539$43,670$23,609
16 years$77,089$65,251$54,984$46,148$38,596$19,848
17 years$71,800$60,094$50,034$41,463$34,221$16,725
18 years$67,105$55,529$45,674$37,367$30,428$14,121
19 years$62,909$51,464$41,813$33,764$27,121$11,941
20 years$59,137$47,823$38,373$30,580$24,225$10,112
21 years$55,729$44,545$35,296$27,753$21,679$8,573
22 years$52,635$41,581$32,531$25,234$19,432$7,276
23 years$49,814$38,890$30,036$22,981$17,443$6,179
24 years$47,232$36,438$27,779$20,960$15,678$5,252
25 years$44,860$34,195$25,729$19,142$14,108$4,466
26 years$42,674$32,138$23,862$17,502$12,708$3,800
27 years$40,654$30,245$22,158$16,020$11,457$3,235
28 years$38,781$28,500$20,599$14,678$10,338$2,754
29 years$37,040$26,886$19,169$13,460$9,335$2,346
30 years$35,419$25,391$17,855$12,353$8,435$1,999
31 years$33,905$24,003$16,646$11,345$7,626$1,703
32 years$32,489$22,712$15,531$10,427$6,898$1,452
33 years$31,161$21,509$14,501$9,588$6,243$1,238
34 years$29,914$20,385$13,549$8,822$5,652$1,055
35 years$28,741$19,335$12,667$8,121$5,119$900
36 years$27,635$18,352$11,850$7,479$4,639$767
37 years$26,592$17,430$11,091$6,891$4,204$654
38 years$25,606$16,565$10,387$6,352$3,811$558
39 years$24,673$15,751$9,731$5,857$3,456$476
40 years$23,789$14,986$9,121$5,402$3,135$406
41 years$22,950$14,266$8,553$4,984$2,844$346
42 years$22,153$13,586$8,023$4,600$2,581$295
43 years$21,395$12,945$7,528$4,246$2,342$252
44 years$20,674$12,339$7,066$3,920$2,126$215
45 years$19,986$11,766$6,635$3,621$1,930$183
46 years$19,331$11,225$6,232$3,344$1,752$156
47 years$18,705$10,712$5,855$3,090$1,591$134
48 years$18,107$10,226$5,502$2,855$1,445$114
49 years$17,536$9,765$5,171$2,639$1,312$97
50 years$16,988$9,328$4,862$2,439$1,192$83

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 $2,864 every year, while hoping to spend $39,029 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: 57/34/9 Blend
39$17,400,000$17,400,000$17,400,000$17,400,000
40$19,177,754$18,255,554$17,985,854$20,230,065
41$21,092,359$19,108,550$18,546,854$21,792,576
42$23,200,945$20,002,034$19,125,339$23,489,643
43$25,523,257$20,937,950$19,721,854$25,337,774
44$28,081,053$21,918,334$20,336,960$27,351,415
45$30,898,310$22,945,321$20,971,237$29,546,440
46$34,001,445$24,021,149$21,625,281$31,940,300
47$37,419,573$25,148,166$22,299,708$34,552,175
48$41,184,774$26,328,831$22,995,153$37,403,153
49$45,332,400$27,565,723$23,712,270$40,516,422
50$49,901,408$28,861,546$24,451,734$43,917,479
51$54,934,725$30,219,135$25,214,241$47,634,364
52$60,479,657$31,641,463$26,000,508$51,697,918
53$66,588,332$33,131,645$26,811,275$56,142,066
54$73,318,194$34,692,948$27,647,305$61,004,127
55$80,732,544$36,328,797$28,509,384$66,325,158
56$88,901,139$38,042,783$29,398,324$72,150,331
57$97,900,847$39,838,671$30,314,960$78,529,352
58$107,816,377$41,720,410$31,260,155$85,516,919
59$118,741,075$43,692,138$32,234,797$93,173,224
60$130,777,807$45,758,194$33,239,805$101,564,514
61$144,039,926$47,923,129$34,276,122$110,763,704
62$158,652,350$50,191,713$35,344,723$120,851,051
63$174,752,732$52,568,949$36,446,613$131,914,897
64$192,492,765$55,060,082$37,582,829$144,052,495
65$212,039,611$57,670,611$38,754,438$157,370,908
66$233,577,483$60,406,302$39,962,543$171,988,004
67$257,309,377$63,273,201$41,208,279$188,033,557
68$283,458,994$66,277,649$42,492,817$205,650,454
69$312,272,851$69,426,293$43,817,366$224,996,023
70$344,022,603$72,726,103$45,183,169$246,243,505
71$379,007,615$76,184,388$46,591,511$269,583,670
72$417,557,781$79,808,813$48,043,716$295,226,593
73$460,036,643$83,607,413$49,541,149$323,403,624
74$506,844,819$87,588,615$51,085,217$354,369,544
75$558,423,790$91,761,256$52,677,371$388,404,950
76$615,260,061$96,134,602$54,319,107$425,818,881
77$677,889,758$100,718,368$56,011,968$466,951,708
78$746,903,689$105,522,744$57,757,545$512,178,324
79$822,952,921$110,558,414$59,557,478$561,911,651
80$906,754,923$115,836,581$61,413,457$616,606,516
81$999,100,345$121,368,993$63,327,228$676,763,910
82$1,100,860,477$127,167,970$65,300,587$742,935,687
83$1,212,995,477$133,246,432$67,335,388$815,729,740
84$1,336,563,435$139,617,927$69,433,543$895,815,709
85$1,472,730,361$146,296,661$71,597,022$983,931,261
86$1,622,781,193$153,297,532$73,827,858$1,080,889,021
87$1,788,131,928$160,636,165$76,128,145$1,187,584,201
88$1,970,342,991$168,328,944$78,500,044$1,305,003,011
89$2,171,133,963$176,393,049$80,945,782$1,434,231,923
90$2,392,399,818$184,846,498$83,467,656$1,576,467,888
91$2,636,228,810$193,708,188$86,068,034$1,733,029,581
92$2,904,922,193$202,997,934$88,749,357$1,905,369,806
93$3,201,015,939$212,736,515$91,514,143$2,095,089,156
94$3,527,304,685$222,945,724$94,364,987$2,303,951,067
95$3,886,868,115$233,648,416$97,304,566$2,533,898,414
96$4,283,100,033$244,868,559$100,335,639$2,787,071,785
97$4,719,740,404$256,631,286$103,461,051$3,065,829,633
98$5,200,910,664$268,962,958$106,683,735$3,372,770,470
99$5,731,152,628$281,891,220$110,006,717$3,710,757,335
100$6,315,471,369$295,445,062$113,433,114$4,082,944,743