Can I retire at age 40 with 17,700,000?

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 $17,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$1,461,649$1,448,630$1,435,927$1,423,529$1,411,423$1,370,637
2 years$723,589$710,113$697,052$684,389$672,106$631,339
3 years$477,601$464,066$451,039$438,495$426,412$386,941
4 years$354,631$341,138$328,241$315,911$304,120$266,248
5 years$280,868$267,456$254,728$242,650$231,188$195,018
6 years$231,709$218,398$205,858$194,049$182,931$148,496
7 years$196,609$183,410$171,069$159,538$148,772$116,073
8 years$170,296$157,217$145,080$133,833$123,420$92,438
9 years$149,842$136,885$124,958$113,996$103,938$74,640
10 years$133,487$120,658$108,941$98,265$88,560$60,908
11 years$120,115$107,415$95,910$85,520$76,165$50,112
12 years$108,980$96,409$85,118$75,013$66,003$41,499
13 years$99,565$87,126$76,047$66,225$57,556$34,545
14 years$91,502$79,195$68,328$58,787$50,453$28,879
15 years$84,521$72,346$61,691$52,428$44,423$24,226
16 years$78,418$66,376$55,932$46,944$39,261$20,381
17 years$73,038$61,130$50,896$42,178$34,812$17,186
18 years$68,262$56,487$46,462$38,011$30,953$14,521
19 years$63,994$52,351$42,533$34,346$27,589$12,289
20 years$60,157$48,648$39,035$31,107$24,643$10,415
21 years$56,690$45,313$35,905$28,232$22,053$8,837
22 years$53,542$42,298$33,092$25,669$19,767$7,505
23 years$50,673$39,561$30,554$23,377$17,744$6,379
24 years$48,046$37,066$28,258$21,322$15,949$5,426
25 years$45,633$34,784$26,172$19,472$14,351$4,618
26 years$43,410$32,692$24,273$17,804$12,927$3,932
27 years$41,355$30,767$22,540$16,297$11,655$3,350
28 years$39,449$28,991$20,954$14,931$10,517$2,855
29 years$37,679$27,350$19,499$13,692$9,496$2,434
30 years$36,030$25,829$18,163$12,566$8,580$2,075
31 years$34,490$24,417$16,933$11,541$7,757$1,770
32 years$33,049$23,104$15,799$10,606$7,017$1,510
33 years$31,698$21,879$14,751$9,753$6,351$1,288
34 years$30,430$20,737$13,783$8,974$5,750$1,099
35 years$29,236$19,669$12,886$8,261$5,208$938
36 years$28,112$18,668$12,054$7,608$4,718$800
37 years$27,050$17,731$11,283$7,010$4,277$683
38 years$26,047$16,850$10,566$6,461$3,877$583
39 years$25,098$16,023$9,899$5,958$3,516$498
40 years$24,199$15,245$9,278$5,495$3,189$425
41 years$23,345$14,511$8,700$5,070$2,893$363
42 years$22,535$13,820$8,161$4,679$2,625$310
43 years$21,764$13,168$7,658$4,319$2,383$265
44 years$21,030$12,552$7,188$3,988$2,163$226
45 years$20,331$11,969$6,750$3,683$1,963$193
46 years$19,664$11,418$6,339$3,402$1,783$165
47 years$19,028$10,896$5,956$3,143$1,619$141
48 years$18,419$10,402$5,597$2,904$1,470$120
49 years$17,838$9,933$5,261$2,684$1,335$103
50 years$17,281$9,489$4,946$2,481$1,213$88

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $17,700,000, adding $2,237 every year, while hoping to spend $26,976 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: 87/6/7 Blend
39$17,700,000$17,700,000$17,700,000$17,700,000
40$19,507,707$18,569,607$18,295,257$21,194,944
41$21,468,791$19,450,816$18,879,446$23,175,756
42$23,629,002$20,374,300$19,482,301$25,348,658
43$26,008,621$21,342,101$20,104,420$27,736,103
44$28,629,999$22,356,363$20,746,417$30,359,696
45$31,517,766$23,419,332$21,408,928$33,243,240
46$34,699,061$24,533,362$22,092,611$36,412,949
47$38,203,793$25,700,925$22,798,141$39,897,703
48$42,064,918$26,924,608$23,526,217$43,729,312
49$46,318,755$28,207,129$24,277,560$47,942,819
50$51,005,324$29,551,335$25,052,915$52,576,827
51$56,168,729$30,960,211$25,853,048$57,673,861
52$61,857,567$32,436,890$26,678,754$63,280,772
53$68,125,396$33,984,654$27,530,849$69,449,171
54$75,031,231$35,606,947$28,410,177$76,235,917
55$82,640,108$37,307,379$29,317,609$83,703,652
56$91,023,695$39,089,737$30,254,045$91,921,392
57$100,260,968$40,957,990$31,220,412$100,965,170
58$110,438,958$42,916,303$32,217,667$110,918,758
59$121,653,571$44,969,041$33,246,798$121,874,452
60$134,010,495$47,120,783$34,308,826$133,933,941
61$147,626,195$49,376,331$35,404,801$147,209,263
62$162,629,016$51,740,720$36,535,810$161,823,863
63$179,160,389$54,219,230$37,702,974$177,913,751
64$197,376,175$56,817,397$38,907,449$195,628,788
65$217,448,125$59,541,030$40,150,429$215,134,091
66$239,565,511$62,396,218$41,433,146$236,611,597
67$263,936,907$65,389,347$42,756,870$260,261,766
68$290,792,161$68,527,114$44,122,914$286,305,480
69$320,384,561$71,816,543$45,532,632$314,986,117
70$352,993,232$75,264,999$46,987,421$346,571,849
71$388,925,765$78,880,207$48,488,723$381,358,168
72$428,521,124$82,670,268$50,038,026$419,670,668
73$472,152,844$86,643,677$51,636,866$461,868,121
74$520,232,561$90,809,344$53,286,828$508,345,852
75$573,213,893$95,176,613$54,989,547$559,539,470
76$631,596,726$99,755,282$56,746,713$615,928,974
77$695,931,931$104,555,630$58,560,066$678,043,281
78$766,826,565$109,588,433$60,431,406$746,465,209
79$844,949,604$114,864,995$62,362,587$821,836,977
80$931,038,254$120,397,171$64,355,524$904,866,260
81$1,025,904,916$126,197,393$66,412,195$996,332,865
82$1,130,444,852$132,278,699$68,534,637$1,097,096,082
83$1,245,644,637$138,654,765$70,724,958$1,208,102,795
84$1,372,591,473$145,339,932$72,985,327$1,330,396,409
85$1,512,483,457$152,349,242$75,317,989$1,465,126,694
86$1,666,640,883$159,698,468$77,725,255$1,613,560,632
87$1,836,518,717$167,404,157$80,209,515$1,777,094,369
88$2,023,720,324$175,483,659$82,773,231$1,957,266,387
89$2,230,012,611$183,955,172$85,418,949$2,155,772,021
90$2,457,342,705$192,837,783$88,149,291$2,374,479,451
91$2,707,856,336$202,151,509$90,966,967$2,615,447,328
92$2,983,918,094$211,917,346$93,874,773$2,880,944,207
93$3,288,133,755$222,157,311$96,875,594$3,173,469,941
94$3,623,374,878$232,894,499$99,972,406$3,495,779,279
95$3,992,805,917$244,153,131$103,168,283$3,850,907,857
96$4,399,914,097$255,958,610$106,466,396$4,242,200,846
97$4,848,542,332$268,337,580$109,870,018$4,673,344,516
98$5,342,925,514$281,317,985$113,382,527$5,148,401,029
99$5,887,730,483$294,929,133$117,007,409$5,671,846,771
100$6,488,100,096$309,201,765$120,748,261$6,248,614,599