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%15.7%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,370,634
2 years$719,501$706,101$693,114$680,522$668,309$635,435
3 years$474,902$461,445$448,491$436,017$424,003$392,097
4 years$352,627$339,211$326,386$314,126$302,402$271,710
5 years$279,281$265,945$253,289$241,279$229,881$200,489
6 years$230,400$217,164$204,695$192,953$181,897$153,835
7 years$195,499$182,374$170,103$158,637$147,931$121,203
8 years$169,334$156,328$144,261$133,077$122,723$97,318
9 years$148,995$136,112$124,252$113,352$103,351$79,249
10 years$132,733$119,976$108,325$97,710$88,060$65,235
11 years$119,437$106,808$95,368$85,037$75,735$54,155
12 years$108,364$95,865$84,637$74,589$65,630$45,261
13 years$99,003$86,634$75,617$65,851$57,231$38,034
14 years$90,985$78,748$67,942$58,455$50,168$32,103
15 years$84,043$71,937$61,343$52,132$44,172$27,196
16 years$77,975$66,001$55,616$46,678$39,039$23,109
17 years$72,626$60,785$50,609$41,940$34,615$19,687
18 years$67,876$56,168$46,199$37,796$30,778$16,807
19 years$63,632$52,056$42,293$34,152$27,433$14,374
20 years$59,817$48,373$38,815$30,932$24,504$12,312
21 years$56,369$45,057$35,702$28,072$21,928$10,559
22 years$53,240$42,059$32,905$25,524$19,655$9,066
23 years$50,386$39,337$30,382$23,245$17,644$7,791
24 years$47,775$36,856$28,098$21,201$15,859$6,701
25 years$45,376$34,588$26,024$19,362$14,270$5,767
26 years$43,165$32,507$24,136$17,704$12,854$4,967
27 years$41,121$30,593$22,413$16,205$11,589$4,279
28 years$39,227$28,828$20,835$14,847$10,457$3,689
29 years$37,466$27,196$19,389$13,615$9,443$3,181
30 years$35,826$25,683$18,060$12,495$8,532$2,744
31 years$34,295$24,279$16,837$11,476$7,714$2,367
32 years$32,862$22,973$15,709$10,547$6,978$2,043
33 years$31,519$21,756$14,668$9,698$6,315$1,763
34 years$30,258$20,620$13,705$8,923$5,717$1,522
35 years$29,071$19,557$12,813$8,214$5,178$1,315
36 years$27,953$18,563$11,986$7,565$4,692$1,135
37 years$26,898$17,630$11,219$6,970$4,252$981
38 years$25,900$16,755$10,506$6,425$3,855$847
39 years$24,956$15,933$9,843$5,924$3,496$732
40 years$24,062$15,159$9,226$5,464$3,171$632
41 years$23,213$14,429$8,651$5,041$2,877$546
42 years$22,407$13,742$8,115$4,652$2,610$472
43 years$21,641$13,093$7,615$4,295$2,369$408
44 years$20,911$12,481$7,148$3,966$2,150$352
45 years$20,216$11,902$6,711$3,662$1,952$304
46 years$19,553$11,354$6,304$3,383$1,772$263
47 years$18,920$10,835$5,922$3,125$1,610$227
48 years$18,315$10,343$5,565$2,888$1,462$196
49 years$17,737$9,877$5,231$2,669$1,328$170
50 years$17,184$9,435$4,918$2,467$1,206$147

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 $2,215 every year, while hoping to spend $20,322 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: 57/23/20 Blend
39$17,600,000$17,600,000$17,600,000$17,600,000
40$19,397,485$18,464,685$18,191,885$20,399,399
41$21,354,406$19,347,832$18,779,690$21,965,016
42$23,510,252$20,273,572$19,386,507$23,668,023
43$25,885,291$21,243,971$20,012,948$25,523,547
44$28,501,860$22,261,195$20,659,651$27,546,273
45$31,384,571$23,327,515$21,327,271$29,752,344
46$34,560,548$24,445,314$22,016,486$32,159,513
47$38,059,679$25,617,089$22,727,993$34,787,301
48$41,914,902$26,845,462$23,462,516$37,657,178
49$46,162,510$28,133,178$24,220,798$40,792,759
50$50,842,502$29,483,119$25,003,611$44,220,023
51$55,998,952$30,898,307$25,811,747$47,967,549
52$61,680,432$32,381,911$26,646,027$52,066,779
53$67,940,464$33,937,253$27,507,298$56,552,310
54$74,838,032$35,567,819$28,396,432$61,462,215
55$82,438,132$37,277,263$29,314,334$66,838,387
56$90,812,391$39,069,418$30,261,933$72,726,936
57$100,039,740$40,948,304$31,240,193$79,178,611
58$110,207,160$42,918,138$32,250,106$86,249,270
59$121,410,502$44,983,339$33,292,697$94,000,399
60$133,755,396$47,148,544$34,369,024$102,499,687
61$147,358,240$49,418,617$35,480,180$111,821,648
62$162,347,308$51,798,657$36,627,294$122,048,318
63$178,863,955$54,294,012$37,811,529$133,270,020
64$197,063,952$56,910,293$39,034,089$145,586,202
65$217,118,959$59,653,381$40,296,215$159,106,366
66$239,218,143$62,529,446$41,599,188$173,951,089
67$263,569,964$65,544,960$42,944,332$190,253,149
68$290,404,146$68,706,709$44,333,013$208,158,764
69$319,973,841$72,021,809$45,766,641$227,828,957
70$352,558,022$75,497,727$47,246,672$249,441,065
71$388,464,115$79,142,290$48,774,610$273,190,394
72$428,030,902$82,963,710$50,352,007$299,292,049
73$471,631,720$86,970,598$51,980,466$327,982,947
74$519,677,984$91,171,986$53,661,640$359,524,035
75$572,623,072$95,577,347$55,397,238$394,202,736
76$630,966,603$100,196,615$57,189,024$432,335,643
77$695,259,158$105,040,210$59,038,818$474,271,489
78$766,107,474$110,119,062$60,948,499$520,394,414
79$844,180,172$115,444,632$62,920,010$571,127,573
80$930,214,071$121,028,941$64,955,352$626,937,107
81$1,025,021,146$126,884,598$67,056,596$688,336,518
82$1,129,496,187$133,024,827$69,225,876$755,891,493
83$1,244,625,253$139,463,499$71,465,398$830,225,217
84$1,371,494,978$146,215,160$73,777,438$912,024,228
85$1,511,302,831$153,295,067$76,164,347$1,002,044,873
86$1,665,368,418$160,719,224$78,628,551$1,101,120,411
87$1,835,145,945$168,504,415$81,172,556$1,210,168,856
88$2,022,237,944$176,668,244$83,798,949$1,330,201,602
89$2,228,410,401$185,229,174$86,510,400$1,462,332,944
90$2,455,609,429$194,206,572$89,309,667$1,607,790,557
91$2,705,979,646$203,620,748$92,199,595$1,767,927,048
92$2,981,884,414$213,493,009$95,183,125$1,944,232,689
93$3,285,928,155$223,845,697$98,263,291$2,138,349,440
94$3,620,980,941$234,702,251$101,443,226$2,352,086,411
95$3,990,205,587$246,087,251$104,726,164$2,587,436,890
96$4,397,087,512$258,026,481$108,115,445$2,846,597,122
97$4,845,467,642$270,546,983$111,614,517$3,131,986,982
98$5,339,578,679$283,677,122$115,226,940$3,446,272,779
99$5,884,085,050$297,446,648$118,956,389$3,792,392,366
100$6,484,126,957$311,886,764$122,806,659$4,173,582,820