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

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 $17,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,356,895
2 years$719,501$706,101$693,114$680,522$668,309$621,858
3 years$474,902$461,445$448,491$436,017$424,003$379,114
4 years$352,627$339,211$326,386$314,126$302,402$259,418
5 years$279,281$265,945$253,289$241,279$229,881$188,917
6 years$230,400$217,164$204,695$192,953$181,897$142,986
7 years$195,499$182,374$170,103$158,637$147,931$111,068
8 years$169,334$156,328$144,261$133,077$122,723$87,880
9 years$148,995$136,112$124,252$113,352$103,351$70,487
10 years$132,733$119,976$108,325$97,710$88,060$57,123
11 years$119,437$106,808$95,368$85,037$75,735$46,665
12 years$108,364$95,865$84,637$74,589$65,630$38,364
13 years$99,003$86,634$75,617$65,851$57,231$31,698
14 years$90,985$78,748$67,942$58,455$50,168$26,298
15 years$84,043$71,937$61,343$52,132$44,172$21,890
16 years$77,975$66,001$55,616$46,678$39,039$18,270
17 years$72,626$60,785$50,609$41,940$34,615$15,283
18 years$67,876$56,168$46,199$37,796$30,778$12,807
19 years$63,632$52,056$42,293$34,152$27,433$10,750
20 years$59,817$48,373$38,815$30,932$24,504$9,034
21 years$56,369$45,057$35,702$28,072$21,928$7,600
22 years$53,240$42,059$32,905$25,524$19,655$6,399
23 years$50,386$39,337$30,382$23,245$17,644$5,393
24 years$47,775$36,856$28,098$21,201$15,859$4,547
25 years$45,376$34,588$26,024$19,362$14,270$3,836
26 years$43,165$32,507$24,136$17,704$12,854$3,238
27 years$41,121$30,593$22,413$16,205$11,589$2,734
28 years$39,227$28,828$20,835$14,847$10,457$2,309
29 years$37,466$27,196$19,389$13,615$9,443$1,950
30 years$35,826$25,683$18,060$12,495$8,532$1,648
31 years$34,295$24,279$16,837$11,476$7,714$1,393
32 years$32,862$22,973$15,709$10,547$6,978$1,177
33 years$31,519$21,756$14,668$9,698$6,315$995
34 years$30,258$20,620$13,705$8,923$5,717$842
35 years$29,071$19,557$12,813$8,214$5,178$712
36 years$27,953$18,563$11,986$7,565$4,692$602
37 years$26,898$17,630$11,219$6,970$4,252$509
38 years$25,900$16,755$10,506$6,425$3,855$430
39 years$24,956$15,933$9,843$5,924$3,496$364
40 years$24,062$15,159$9,226$5,464$3,171$308
41 years$23,213$14,429$8,651$5,041$2,877$260
42 years$22,407$13,742$8,115$4,652$2,610$220
43 years$21,641$13,093$7,615$4,295$2,369$186
44 years$20,911$12,481$7,148$3,966$2,150$158
45 years$20,216$11,902$6,711$3,662$1,952$133
46 years$19,553$11,354$6,304$3,383$1,772$113
47 years$18,920$10,835$5,922$3,125$1,610$95
48 years$18,315$10,343$5,565$2,888$1,462$81
49 years$17,737$9,877$5,231$2,669$1,328$68
50 years$17,184$9,435$4,918$2,467$1,206$58

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 $4,742 every year, while hoping to spend $41,883 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: 51/28/21 Blend
39$17,600,000$17,600,000$17,600,000$17,600,000
40$19,400,091$18,467,291$18,194,491$20,275,938
41$21,334,338$19,327,625$18,759,444$21,741,933
42$23,464,473$20,228,712$19,341,918$23,330,299
43$25,810,434$21,172,504$19,942,457$25,056,430
44$28,394,190$22,161,048$20,561,621$26,933,397
45$31,239,949$23,196,491$21,199,987$28,975,560
46$34,374,385$24,281,081$21,858,148$31,198,701
47$37,826,895$25,417,176$22,536,718$33,620,168
48$41,629,870$26,607,249$23,236,330$36,259,027
49$45,819,004$27,853,892$23,957,635$39,136,244
50$50,433,631$29,159,822$24,701,304$42,274,867
51$55,517,095$30,527,886$25,468,031$45,700,245
52$61,117,157$31,961,071$26,258,529$49,440,252
53$67,286,451$33,462,508$27,073,534$53,525,549
54$74,082,977$35,035,478$27,913,805$57,989,862
55$81,570,647$36,683,423$28,780,124$62,870,291
56$89,819,893$38,409,951$29,673,298$68,207,656
57$98,908,327$40,218,843$30,594,158$74,046,866
58$108,921,475$42,114,065$31,543,561$80,437,342
59$119,953,586$44,099,775$32,522,391$87,433,465
60$132,108,520$46,180,332$33,531,559$95,095,085
61$145,500,726$48,360,305$34,572,003$103,488,071
62$160,256,326$50,644,487$35,644,692$112,684,925
63$176,514,306$53,037,901$36,750,623$122,765,450
64$194,427,822$55,545,815$37,890,826$133,817,495
65$214,165,653$58,173,752$39,066,361$145,937,769
66$235,913,787$60,927,504$40,278,322$159,232,740
67$259,877,182$63,813,141$41,527,835$173,819,627
68$286,281,701$66,837,030$42,816,063$189,827,491
69$315,376,236$70,005,847$44,144,204$207,398,436
70$347,435,070$73,326,591$45,513,492$226,688,937
71$382,760,453$76,806,600$46,925,200$247,871,299
72$421,685,467$80,453,571$48,380,642$271,135,264
73$464,577,160$84,275,572$49,881,169$296,689,785
74$511,840,019$88,281,064$51,428,177$324,764,981
75$563,919,784$92,478,918$53,023,103$355,614,283
76$621,307,655$96,878,438$54,667,430$389,516,811
77$684,544,932$101,489,379$56,362,686$426,779,984
78$754,228,125$106,321,968$58,110,445$467,742,397
79$831,014,581$111,386,931$59,912,332$512,776,996
80$915,628,694$116,695,516$61,770,021$562,294,573
81$1,008,868,741$122,259,517$63,685,237$616,747,614
82$1,111,614,419$128,091,300$65,659,759$676,634,545
83$1,224,835,150$134,203,834$67,695,422$742,504,408
84$1,349,599,232$140,610,718$69,794,114$814,962,012
85$1,487,083,923$147,326,213$71,957,787$894,673,614
86$1,638,586,558$154,365,272$74,188,447$982,373,169
87$1,805,536,794$161,743,578$76,488,168$1,078,869,229
88$1,989,510,108$169,477,574$78,859,082$1,185,052,537
89$2,192,242,670$177,584,506$81,303,393$1,301,904,399
90$2,415,647,733$186,082,457$83,823,367$1,430,505,906
91$2,661,833,696$194,990,392$86,421,344$1,572,048,098
92$2,933,124,009$204,328,197$89,099,735$1,727,843,166
93$3,232,079,107$214,116,728$91,861,025$1,899,336,791
94$3,561,520,583$224,377,855$94,707,777$2,088,121,745
95$3,924,557,826$235,134,513$97,642,631$2,295,952,877
96$4,324,617,375$246,410,756$100,668,310$2,524,763,626
97$4,765,475,270$258,231,805$103,787,621$2,776,684,221
98$5,251,292,699$270,624,115$107,003,457$3,054,061,731
99$5,786,655,282$283,615,424$110,318,801$3,359,482,161
100$6,376,616,366$297,234,825$113,736,726$3,695,794,807