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

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 $17,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$1,436,876$1,424,077$1,411,590$1,399,402$1,387,500$1,373,582
2 years$711,325$698,077$685,238$672,789$660,714$646,696
3 years$469,506$456,201$443,394$431,063$419,184$405,500
4 years$348,620$335,356$322,677$310,556$298,966$285,722
5 years$276,108$262,923$250,411$238,537$227,269$214,504
6 years$227,782$214,697$202,369$190,760$179,830$167,560
7 years$193,277$180,302$168,170$156,834$146,250$134,479
8 years$167,410$154,552$142,621$131,564$121,329$110,057
9 years$147,302$134,565$122,840$112,064$102,176$91,400
10 years$131,225$118,613$107,094$96,600$87,059$76,772
11 years$118,079$105,594$94,284$84,071$74,874$65,067
12 years$107,133$94,775$83,675$73,741$64,884$55,548
13 years$97,878$85,649$74,758$65,103$56,580$47,703
14 years$89,951$77,853$67,170$57,791$49,598$41,169
15 years$83,088$71,120$60,646$51,539$43,670$35,676
16 years$77,089$65,251$54,984$46,148$38,596$31,023
17 years$71,800$60,094$50,034$41,463$34,221$27,057
18 years$67,105$55,529$45,674$37,367$30,428$23,657
19 years$62,909$51,464$41,813$33,764$27,121$20,730
20 years$59,137$47,823$38,373$30,580$24,225$18,199
21 years$55,729$44,545$35,296$27,753$21,679$16,002
22 years$52,635$41,581$32,531$25,234$19,432$14,091
23 years$49,814$38,890$30,036$22,981$17,443$12,423
24 years$47,232$36,438$27,779$20,960$15,678$10,964
25 years$44,860$34,195$25,729$19,142$14,108$9,686
26 years$42,674$32,138$23,862$17,502$12,708$8,564
27 years$40,654$30,245$22,158$16,020$11,457$7,577
28 years$38,781$28,500$20,599$14,678$10,338$6,708
29 years$37,040$26,886$19,169$13,460$9,335$5,942
30 years$35,419$25,391$17,855$12,353$8,435$5,266
31 years$33,905$24,003$16,646$11,345$7,626$4,669
32 years$32,489$22,712$15,531$10,427$6,898$4,142
33 years$31,161$21,509$14,501$9,588$6,243$3,675
34 years$29,914$20,385$13,549$8,822$5,652$3,262
35 years$28,741$19,335$12,667$8,121$5,119$2,896
36 years$27,635$18,352$11,850$7,479$4,639$2,572
37 years$26,592$17,430$11,091$6,891$4,204$2,284
38 years$25,606$16,565$10,387$6,352$3,811$2,029
39 years$24,673$15,751$9,731$5,857$3,456$1,803
40 years$23,789$14,986$9,121$5,402$3,135$1,602
41 years$22,950$14,266$8,553$4,984$2,844$1,424
42 years$22,153$13,586$8,023$4,600$2,581$1,266
43 years$21,395$12,945$7,528$4,246$2,342$1,125
44 years$20,674$12,339$7,066$3,920$2,126$1,000
45 years$19,986$11,766$6,635$3,621$1,930$889
46 years$19,331$11,225$6,232$3,344$1,752$791
47 years$18,705$10,712$5,855$3,090$1,591$703
48 years$18,107$10,226$5,502$2,855$1,445$625
49 years$17,536$9,765$5,171$2,639$1,312$556
50 years$16,988$9,328$4,862$2,439$1,192$495

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 $4,145 every year, while hoping to spend $26,541 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: 69/11/20 Blend
39$17,400,000$17,400,000$17,400,000$17,400,000
40$19,179,076$18,256,876$17,987,176$20,407,643
41$21,107,102$19,123,223$18,561,507$22,095,039
42$23,230,897$20,031,132$19,154,188$23,937,275
43$25,570,402$20,982,611$19,765,807$25,952,476
44$28,147,590$21,979,766$20,396,968$28,157,719
45$30,986,675$23,024,805$21,048,298$30,571,800
46$34,114,340$24,120,044$21,720,439$33,215,408
47$37,559,987$25,267,911$22,414,059$36,111,319
48$41,356,020$26,470,953$23,129,843$39,284,606
49$45,538,142$27,731,838$23,868,501$42,762,873
50$50,145,701$29,053,366$24,630,764$46,576,513
51$55,222,054$30,438,473$25,417,387$50,758,991
52$60,814,983$31,890,237$26,229,149$55,347,152
53$66,977,139$33,411,887$27,066,853$60,381,573
54$73,766,545$35,006,807$27,931,330$65,906,932
55$81,247,139$36,678,547$28,823,436$71,972,436
56$89,489,380$38,430,828$29,744,054$78,632,273
57$98,570,913$40,267,556$30,694,097$85,946,119
58$108,577,302$42,192,821$31,674,504$93,979,704
59$119,602,835$44,210,918$32,686,249$102,805,419
60$131,751,418$46,326,346$33,730,332$112,502,998
61$145,137,553$48,543,828$34,807,788$123,160,265
62$159,887,419$50,868,311$35,919,685$134,873,956
63$176,140,066$53,304,989$37,067,124$147,750,628
64$194,048,723$55,859,303$38,251,243$161,907,658
65$213,782,247$58,536,964$39,473,214$177,474,341
66$235,526,719$61,343,957$40,734,249$194,593,112
67$259,487,195$64,286,562$42,035,597$213,420,874
68$285,889,647$67,371,362$43,378,548$234,130,478
69$314,983,094$70,605,261$44,764,433$256,912,344
70$347,041,953$73,995,503$46,194,625$281,976,255
71$382,368,629$77,549,679$47,670,541$309,553,322
72$421,296,370$81,275,755$49,193,646$339,898,161
73$464,192,415$85,182,081$50,765,448$373,291,290
74$511,461,456$89,277,418$52,387,505$410,041,762
75$563,549,464$93,570,951$54,061,426$450,490,075
76$620,947,896$98,072,314$55,788,870$495,011,380
77$684,198,333$102,791,609$57,571,549$544,019,004
78$753,897,598$107,739,433$59,411,231$597,968,347
79$830,703,386$112,926,899$61,309,740$657,361,167
80$915,340,474$118,365,659$63,268,959$722,750,303
81$1,008,607,563$124,067,937$65,290,830$794,744,885
82$1,111,384,820$130,046,551$67,377,358$874,016,066
83$1,224,642,184$136,314,944$69,530,611$961,303,350
84$1,349,448,526$142,887,216$71,752,727$1,057,421,552
85$1,486,981,740$149,778,155$74,045,908$1,163,268,482
86$1,638,539,861$157,003,267$76,412,428$1,279,833,398
87$1,805,553,317$164,578,818$78,854,636$1,408,206,334
88$1,989,598,442$172,521,866$81,374,952$1,549,588,369
89$2,192,412,348$180,850,303$83,975,878$1,705,302,952
90$2,415,909,331$189,582,891$86,659,993$1,876,808,372
91$2,662,198,940$198,739,310$89,429,960$2,065,711,512
92$2,933,605,895$208,340,199$92,288,527$2,273,782,991
93$3,232,692,034$218,407,206$95,238,530$2,502,973,863
94$3,562,280,496$228,963,034$98,282,896$2,755,434,013
95$3,925,482,378$240,031,494$101,424,645$3,033,532,430
96$4,325,726,105$251,637,562$104,666,894$3,339,879,543
97$4,766,789,794$263,807,429$108,012,862$3,677,351,847
98$5,252,836,928$276,568,567$111,465,867$4,049,119,027
99$5,788,455,658$289,949,791$115,029,337$4,458,673,856
100$6,378,702,124$303,981,319$118,706,809$4,909,865,138