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%12.3%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,389,949
2 years$719,501$706,101$693,114$680,522$668,309$654,710
3 years$474,902$461,445$448,491$436,017$424,003$410,726
4 years$352,627$339,211$326,386$314,126$302,402$289,550
5 years$279,281$265,945$253,289$241,279$229,881$217,491
6 years$230,400$217,164$204,695$192,953$181,897$169,985
7 years$195,499$182,374$170,103$158,637$147,931$136,502
8 years$169,334$156,328$144,261$133,077$122,723$111,776
9 years$148,995$136,112$124,252$113,352$103,351$92,882
10 years$132,733$119,976$108,325$97,710$88,060$78,064
11 years$119,437$106,808$95,368$85,037$75,735$66,203
12 years$108,364$95,865$84,637$74,589$65,630$56,553
13 years$99,003$86,634$75,617$65,851$57,231$48,598
14 years$90,985$78,748$67,942$58,455$50,168$41,969
15 years$84,043$71,937$61,343$52,132$44,172$36,393
16 years$77,975$66,001$55,616$46,678$39,039$31,669
17 years$72,626$60,785$50,609$41,940$34,615$27,640
18 years$67,876$56,168$46,199$37,796$30,778$24,184
19 years$63,632$52,056$42,293$34,152$27,433$21,207
20 years$59,817$48,373$38,815$30,932$24,504$18,631
21 years$56,369$45,057$35,702$28,072$21,928$16,394
22 years$53,240$42,059$32,905$25,524$19,655$14,447
23 years$50,386$39,337$30,382$23,245$17,644$12,747
24 years$47,775$36,856$28,098$21,201$15,859$11,259
25 years$45,376$34,588$26,024$19,362$14,270$9,954
26 years$43,165$32,507$24,136$17,704$12,854$8,807
27 years$41,121$30,593$22,413$16,205$11,589$7,799
28 years$39,227$28,828$20,835$14,847$10,457$6,910
29 years$37,466$27,196$19,389$13,615$9,443$6,126
30 years$35,826$25,683$18,060$12,495$8,532$5,434
31 years$34,295$24,279$16,837$11,476$7,714$4,822
32 years$32,862$22,973$15,709$10,547$6,978$4,280
33 years$31,519$21,756$14,668$9,698$6,315$3,801
34 years$30,258$20,620$13,705$8,923$5,717$3,377
35 years$29,071$19,557$12,813$8,214$5,178$3,000
36 years$27,953$18,563$11,986$7,565$4,692$2,667
37 years$26,898$17,630$11,219$6,970$4,252$2,370
38 years$25,900$16,755$10,506$6,425$3,855$2,108
39 years$24,956$15,933$9,843$5,924$3,496$1,874
40 years$24,062$15,159$9,226$5,464$3,171$1,667
41 years$23,213$14,429$8,651$5,041$2,877$1,483
42 years$22,407$13,742$8,115$4,652$2,610$1,319
43 years$21,641$13,093$7,615$4,295$2,369$1,174
44 years$20,911$12,481$7,148$3,966$2,150$1,044
45 years$20,216$11,902$6,711$3,662$1,952$929
46 years$19,553$11,354$6,304$3,383$1,772$827
47 years$18,920$10,835$5,922$3,125$1,610$736
48 years$18,315$10,343$5,565$2,888$1,462$655
49 years$17,737$9,877$5,231$2,669$1,328$583
50 years$17,184$9,435$4,918$2,467$1,206$519

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 $2,828 every year, while hoping to spend $32,213 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: 36/45/19 Blend
39$17,600,000$17,600,000$17,600,000$17,600,000
40$19,398,117$18,465,317$18,192,517$19,984,358
41$21,342,451$19,335,843$18,767,692$21,282,012
42$23,484,027$20,247,946$19,361,056$22,678,762
43$25,842,930$21,203,627$19,973,183$24,185,989
44$28,441,292$22,204,989$20,604,669$25,813,580
45$31,303,502$23,254,232$21,256,124$27,572,372
46$34,456,436$24,353,665$21,928,180$29,474,239
47$37,929,708$25,505,711$22,621,490$31,532,203
48$41,755,954$26,712,906$23,336,725$33,760,539
49$45,971,135$27,977,912$24,074,579$36,174,908
50$50,614,881$29,303,520$24,835,768$38,792,489
51$55,730,862$30,692,655$25,621,029$41,632,133
52$61,367,200$32,148,386$26,431,124$44,714,529
53$67,576,927$33,673,929$27,266,839$48,062,388
54$74,418,479$35,272,657$28,128,983$51,700,646
55$81,956,253$36,948,107$29,018,394$55,656,682
56$90,261,214$38,703,987$29,935,934$59,960,571
57$99,411,562$40,544,187$30,882,491$64,645,346
58$109,493,472$42,472,783$31,858,986$69,747,300
59$120,601,908$44,494,051$32,866,363$75,306,310
60$132,841,517$46,612,474$33,905,601$81,366,203
61$146,327,621$48,832,754$34,977,707$87,975,144
62$161,187,299$51,159,819$36,083,721$95,186,080
63$177,560,594$53,598,841$37,224,716$103,057,220
64$195,601,828$56,155,238$38,401,798$111,652,563
65$215,481,066$58,834,696$39,616,109$121,042,483
66$237,385,713$61,643,174$40,868,827$131,304,375
67$261,522,289$64,586,923$42,161,167$142,523,357
68$288,118,378$67,672,498$43,494,382$154,793,058
69$317,424,774$70,906,772$44,869,765$168,216,470
70$349,717,850$74,296,952$46,288,650$182,906,900
71$385,302,165$77,850,598$47,752,415$198,989,013
72$424,513,343$81,575,634$49,262,478$216,599,977
73$467,721,238$85,480,373$50,820,304$235,890,732
74$515,333,424$89,573,532$52,427,405$257,027,382
75$567,799,050$93,864,252$54,085,339$280,192,735
76$625,613,070$98,362,117$55,795,715$305,587,990
77$689,320,924$103,077,181$57,560,192$333,434,606
78$759,523,681$108,019,986$59,380,482$363,976,351
79$836,883,718$113,201,587$61,258,350$397,481,568
80$922,130,971$118,633,578$63,195,618$434,245,670
81$1,016,069,824$124,328,118$65,194,165$474,593,880
82$1,119,586,708$130,297,957$67,255,931$518,884,262
83$1,233,658,463$136,556,468$69,382,916$567,511,055
84$1,359,361,565$143,117,674$71,577,183$620,908,343
85$1,497,882,287$149,996,283$73,840,860$679,554,105
86$1,650,527,896$157,207,717$76,176,145$743,974,672
87$1,818,738,999$164,768,152$78,585,304$814,749,643
88$2,004,103,138$172,694,552$81,070,672$892,517,293
89$2,208,369,780$181,004,708$83,634,662$977,980,545
90$2,433,466,837$189,717,277$86,279,762$1,071,913,534
91$2,681,518,858$198,851,828$89,008,538$1,175,168,854
92$2,954,867,095$208,428,881$91,823,637$1,288,685,533
93$3,256,091,601$218,469,959$94,727,792$1,413,497,826
94$3,588,035,591$228,997,633$97,723,820$1,550,744,902
95$3,953,832,282$240,035,578$100,814,628$1,701,681,518
96$4,356,934,472$251,608,619$104,003,216$1,867,689,775
97$4,801,147,142$263,742,794$107,292,677$2,050,292,085
98$5,290,663,373$276,465,413$110,686,204$2,251,165,446
99$5,830,103,934$289,805,116$114,187,089$2,472,157,175
100$6,424,560,909$303,791,941$117,798,730$2,715,302,252