Can I retire at age 40 with 17,600,000?

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 $17,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,365,093
2 years$719,501$706,101$693,114$680,522$668,309$629,946
3 years$474,902$461,445$448,491$436,017$424,003$386,834
4 years$352,627$339,211$326,386$314,126$302,402$266,713
5 years$279,281$265,945$253,289$241,279$229,881$195,770
6 years$230,400$217,164$204,695$192,953$181,897$149,396
7 years$195,499$182,374$170,103$158,637$147,931$117,041
8 years$169,334$156,328$144,261$133,077$122,723$93,428
9 years$148,995$136,112$124,252$113,352$103,351$75,623
10 years$132,733$119,976$108,325$97,710$88,060$61,865
11 years$119,437$106,808$95,368$85,037$75,735$51,030
12 years$108,364$95,865$84,637$74,589$65,630$42,370
13 years$99,003$86,634$75,617$65,851$57,231$35,366
14 years$90,985$78,748$67,942$58,455$50,168$29,647
15 years$84,043$71,937$61,343$52,132$44,172$24,940
16 years$77,975$66,001$55,616$46,678$39,039$21,042
17 years$72,626$60,785$50,609$41,940$34,615$17,796
18 years$67,876$56,168$46,199$37,796$30,778$15,081
19 years$63,632$52,056$42,293$34,152$27,433$12,801
20 years$59,817$48,373$38,815$30,932$24,504$10,882
21 years$56,369$45,057$35,702$28,072$21,928$9,262
22 years$53,240$42,059$32,905$25,524$19,655$7,890
23 years$50,386$39,337$30,382$23,245$17,644$6,728
24 years$47,775$36,856$28,098$21,201$15,859$5,741
25 years$45,376$34,588$26,024$19,362$14,270$4,902
26 years$43,165$32,507$24,136$17,704$12,854$4,187
27 years$41,121$30,593$22,413$16,205$11,589$3,579
28 years$39,227$28,828$20,835$14,847$10,457$3,060
29 years$37,466$27,196$19,389$13,615$9,443$2,617
30 years$35,826$25,683$18,060$12,495$8,532$2,239
31 years$34,295$24,279$16,837$11,476$7,714$1,916
32 years$32,862$22,973$15,709$10,547$6,978$1,640
33 years$31,519$21,756$14,668$9,698$6,315$1,403
34 years$30,258$20,620$13,705$8,923$5,717$1,202
35 years$29,071$19,557$12,813$8,214$5,178$1,029
36 years$27,953$18,563$11,986$7,565$4,692$881
37 years$26,898$17,630$11,219$6,970$4,252$755
38 years$25,900$16,755$10,506$6,425$3,855$646
39 years$24,956$15,933$9,843$5,924$3,496$554
40 years$24,062$15,159$9,226$5,464$3,171$474
41 years$23,213$14,429$8,651$5,041$2,877$406
42 years$22,407$13,742$8,115$4,652$2,610$348
43 years$21,641$13,093$7,615$4,295$2,369$298
44 years$20,911$12,481$7,148$3,966$2,150$255
45 years$20,216$11,902$6,711$3,662$1,952$219
46 years$19,553$11,354$6,304$3,383$1,772$187
47 years$18,920$10,835$5,922$3,125$1,610$161
48 years$18,315$10,343$5,565$2,888$1,462$138
49 years$17,737$9,877$5,231$2,669$1,328$118
50 years$17,184$9,435$4,918$2,467$1,206$101

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $17,600,000, adding $2,250 every year, while hoping to spend $54,789 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: 67/25/8 Blend
39$17,600,000$17,600,000$17,600,000$17,600,000
40$19,397,521$18,464,721$18,191,921$20,668,253
41$21,317,773$19,311,197$18,743,055$22,358,656
42$23,432,054$20,197,314$19,310,816$24,199,194
43$25,760,098$21,124,957$19,895,703$26,209,873
44$28,323,649$22,096,101$20,498,230$28,407,307
45$31,146,667$23,112,815$21,118,926$30,809,774
46$34,255,553$24,177,270$21,758,336$33,437,382
47$37,679,402$25,291,738$22,417,023$36,312,254
48$41,450,271$26,458,604$23,095,563$39,458,734
49$45,603,488$27,680,364$23,794,554$42,903,609
50$50,177,979$28,959,637$24,514,606$46,676,359
51$55,216,641$30,299,167$25,256,354$50,809,426
52$60,766,742$31,701,830$26,020,445$55,338,519
53$66,880,370$33,170,641$26,807,551$60,302,945
54$73,614,925$34,708,759$27,618,361$65,745,967
55$81,033,656$36,319,497$28,453,585$71,715,213
56$89,206,263$38,006,326$29,313,954$78,263,118
57$98,209,551$39,772,886$30,200,221$85,447,407
58$108,128,159$41,622,991$31,113,162$93,331,635
59$119,055,354$43,560,640$32,053,575$101,985,781
60$131,093,913$45,590,025$33,022,284$111,486,897
61$144,357,096$47,715,539$34,020,133$121,919,829
62$158,969,708$49,941,790$35,047,996$133,378,008
63$175,069,285$52,273,604$36,106,771$145,964,320
64$192,807,386$54,716,044$37,197,381$159,792,074
65$212,351,025$57,274,416$38,320,780$174,986,052
66$233,884,251$59,954,284$39,477,947$191,683,685
67$257,609,878$62,761,477$40,669,891$210,036,333
68$283,751,406$65,702,110$41,897,653$230,210,704
69$312,555,128$68,782,592$43,162,303$252,390,415
70$344,292,453$72,009,641$44,464,942$276,777,712
71$379,262,471$75,390,301$45,806,706$303,595,366
72$417,794,776$78,931,958$47,188,763$333,088,764
73$460,252,572$82,642,354$48,612,316$365,528,204
74$507,036,110$86,529,605$50,078,604$401,211,438
75$558,586,459$90,602,221$51,588,903$440,466,463
76$615,389,672$94,869,124$53,144,526$483,654,600
77$677,981,376$99,339,668$54,746,824$531,173,890
78$746,951,825$104,023,661$56,397,192$583,462,828
79$822,951,475$108,931,384$58,097,062$641,004,487
80$906,697,122$114,073,619$59,847,910$704,331,056
81$998,978,670$119,461,668$61,651,257$774,028,843
82$1,100,666,587$125,107,382$63,508,666$850,743,787
83$1,212,720,122$131,023,187$65,421,750$935,187,534
84$1,336,196,362$137,222,111$67,392,166$1,028,144,125
85$1,472,260,211$143,717,814$69,421,624$1,130,477,381
86$1,622,195,384$150,524,619$71,511,880$1,243,139,023
87$1,787,416,532$157,657,543$73,664,746$1,367,177,630
88$1,969,482,588$165,132,333$75,882,085$1,503,748,513
89$2,170,111,494$172,965,499$78,165,817$1,654,124,583
90$2,391,196,411$181,174,354$80,517,917$1,819,708,341
91$2,634,823,596$189,777,048$82,940,418$2,002,045,086
92$2,903,292,097$198,792,617$85,435,416$2,202,837,459
93$3,199,135,454$208,241,019$88,005,066$2,423,961,489
94$3,525,145,622$218,143,180$90,651,587$2,667,484,259
95$3,884,399,325$228,521,046$93,377,265$2,935,683,384
96$4,280,287,105$239,397,625$96,184,452$3,231,068,464
97$4,716,545,328$250,797,047$99,075,569$3,556,404,738
98$5,197,291,461$262,744,613$102,053,111$3,914,739,139
99$5,727,062,943$275,266,852$105,119,643$4,309,429,009
100$6,310,860,020$288,391,585$108,277,808$4,744,173,745