Can I retire at age 40 with 17,500,000?

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 $17,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,358,983
2 years$715,413$702,089$689,176$676,656$664,512$627,996
3 years$472,204$458,823$445,942$433,540$421,594$386,196
4 years$350,624$337,283$324,532$312,341$300,684$266,677
5 years$277,695$264,434$251,850$239,908$228,575$196,052
6 years$229,091$215,930$203,532$191,856$180,864$149,857
7 years$194,388$181,338$169,136$157,736$147,091$117,602
8 years$168,372$155,440$143,441$132,321$122,026$94,041
9 years$148,149$135,339$123,546$112,708$102,763$76,258
10 years$131,979$119,294$107,710$97,155$87,560$62,501
11 years$118,758$106,201$94,826$84,554$75,304$51,654
12 years$107,749$95,320$84,156$74,165$65,257$42,973
13 years$98,440$86,142$75,188$65,477$56,905$35,942
14 years$90,468$78,300$67,556$58,123$49,883$30,192
15 years$83,566$71,529$60,994$51,836$43,921$25,452
16 years$77,532$65,626$55,300$46,413$38,817$21,520
17 years$72,213$60,439$50,321$41,702$34,418$18,240
18 years$67,491$55,849$45,937$37,582$30,603$15,491
19 years$63,271$51,760$42,053$33,958$27,277$13,180
20 years$59,477$48,098$38,594$30,756$24,364$11,229
21 years$56,049$44,801$35,499$27,913$21,803$9,579
22 years$52,937$41,820$32,718$25,379$19,544$8,180
23 years$50,100$39,114$30,209$23,113$17,544$6,991
24 years$47,503$36,647$27,938$21,081$15,769$5,980
25 years$45,118$34,391$25,877$19,252$14,189$5,118
26 years$42,919$32,322$23,999$17,603$12,781$4,383
27 years$40,887$30,419$22,285$16,113$11,523$3,755
28 years$39,004$28,664$20,717$14,763$10,398$3,218
29 years$37,253$27,041$19,279$13,538$9,389$2,759
30 years$35,622$25,537$17,958$12,424$8,483$2,366
31 years$34,100$24,141$16,741$11,411$7,670$2,030
32 years$32,675$22,843$15,620$10,487$6,938$1,742
33 years$31,340$21,632$14,585$9,643$6,279$1,495
34 years$30,086$20,502$13,627$8,873$5,685$1,283
35 years$28,906$19,446$12,740$8,168$5,149$1,101
36 years$27,794$18,457$11,918$7,522$4,665$945
37 years$26,745$17,530$11,155$6,931$4,228$812
38 years$25,753$16,660$10,446$6,388$3,833$697
39 years$24,815$15,842$9,787$5,890$3,476$598
40 years$23,925$15,072$9,173$5,433$3,153$514
41 years$23,082$14,347$8,602$5,013$2,860$441
42 years$22,280$13,664$8,069$4,626$2,596$379
43 years$21,518$13,019$7,571$4,270$2,356$326
44 years$20,792$12,410$7,107$3,943$2,138$280
45 years$20,101$11,834$6,673$3,641$1,941$240
46 years$19,442$11,289$6,268$3,364$1,762$206
47 years$18,813$10,773$5,888$3,108$1,600$177
48 years$18,211$10,285$5,534$2,872$1,453$152
49 years$17,636$9,821$5,201$2,654$1,320$131
50 years$17,086$9,382$4,890$2,453$1,199$112

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $17,500,000, adding $6,412 every year, while hoping to spend $27,925 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: 44/50/6 Blend
39$17,500,000$17,500,000$17,500,000$17,500,000
40$19,291,614$18,364,114$18,092,864$20,107,562
41$21,229,647$19,234,244$18,669,263$21,541,994
42$23,364,423$20,146,074$19,264,035$23,092,308
43$25,715,980$21,101,618$19,877,767$24,771,840
44$28,306,401$22,102,988$20,511,063$26,592,444
45$31,160,018$23,152,398$21,164,548$28,567,117
46$34,303,644$24,252,170$21,838,864$30,710,119
47$37,766,827$25,404,737$22,534,677$33,037,094
48$41,582,127$26,612,653$23,252,673$35,565,212
49$45,785,425$27,878,594$23,993,558$38,313,319
50$50,416,260$29,205,367$24,758,064$41,302,103
51$55,518,203$30,595,914$25,546,943$44,554,281
52$61,139,267$32,053,322$26,360,974$48,094,803
53$67,332,364$33,580,826$27,200,958$51,951,069
54$74,155,799$35,181,820$28,067,724$56,153,182
55$81,673,823$36,859,862$28,962,126$60,734,217
56$89,957,241$38,618,684$29,885,045$65,730,516
57$99,084,078$40,462,197$30,837,392$71,182,021
58$109,140,314$42,394,505$31,820,105$77,132,632
59$120,220,701$44,419,911$32,834,153$83,630,610
60$132,429,652$46,542,926$33,880,537$90,729,010
61$145,882,228$48,768,281$34,960,287$98,486,170
62$160,705,227$51,100,939$36,074,468$106,966,239
63$177,038,377$53,546,101$37,224,179$116,239,766
64$195,035,656$56,109,225$38,410,554$126,384,345
65$214,866,748$58,796,032$39,634,763$137,485,324
66$236,718,641$61,612,522$40,898,012$149,636,594
67$260,797,395$64,564,989$42,201,548$162,941,446
68$287,330,086$67,660,029$43,546,656$177,513,526
69$316,566,948$70,904,565$44,934,663$193,477,879
70$348,783,741$74,305,852$46,366,938$210,972,107
71$384,284,345$77,871,502$47,844,893$230,147,636
72$423,403,638$81,609,495$49,369,987$251,171,117
73$466,510,651$85,528,202$50,943,723$274,225,969
74$514,012,055$89,636,401$52,567,655$299,514,081
75$566,355,997$93,943,297$54,243,384$327,257,676
76$624,036,334$98,458,545$55,972,563$357,701,384
77$687,597,295$103,192,268$57,756,899$391,114,505
78$757,638,615$108,155,086$59,598,151$427,793,518
79$834,821,202$113,358,133$61,498,137$468,064,837
80$919,873,371$118,813,087$63,458,731$512,287,850
81$1,013,597,724$124,532,198$65,481,867$560,858,267
82$1,116,878,725$130,528,309$67,569,543$614,211,806
83$1,230,691,050$136,814,891$69,723,818$672,828,264
84$1,356,108,789$143,406,073$71,946,818$737,235,986
85$1,494,315,586$150,316,671$74,240,737$808,016,806
86$1,646,615,813$157,562,225$76,607,838$885,811,478
87$1,814,446,884$165,159,032$79,050,459$971,325,670
88$1,999,392,827$173,124,185$81,571,010$1,065,336,559
89$2,203,199,235$181,475,609$84,171,979$1,168,700,106
90$2,427,789,749$190,232,107$86,855,932$1,282,359,065
91$2,675,284,218$199,413,394$89,625,520$1,407,351,816
92$2,948,018,710$209,040,153$92,483,477$1,544,822,088
93$3,248,567,568$219,134,070$95,432,624$1,696,029,680
94$3,579,767,715$229,717,895$98,475,872$1,862,362,270
95$3,944,745,434$240,815,483$101,616,225$2,045,348,431
96$4,346,945,885$252,451,859$104,856,786$2,246,671,968
97$4,790,165,629$264,653,263$108,200,751$2,468,187,722
98$5,278,588,472$277,447,222$111,651,425$2,711,938,976
99$5,816,824,961$290,862,601$115,212,214$2,980,176,648
100$6,409,955,918$304,929,679$118,886,633$3,275,380,423