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%12%
1 years$1,461,649$1,448,630$1,435,927$1,423,529$1,411,423$1,399,597
2 years$723,589$710,113$697,052$684,389$672,106$660,187
3 years$477,601$464,066$451,039$438,495$426,412$414,769
4 years$354,631$341,138$328,241$315,911$304,120$292,844
5 years$280,868$267,456$254,728$242,650$231,188$220,310
6 years$231,709$218,398$205,858$194,049$182,931$172,466
7 years$196,609$183,410$171,069$159,538$148,772$138,725
8 years$170,296$157,217$145,080$133,833$123,420$113,791
9 years$149,842$136,885$124,958$113,996$103,938$94,723
10 years$133,487$120,658$108,941$98,265$88,560$79,755
11 years$120,115$107,415$95,910$85,520$76,165$67,762
12 years$108,980$96,409$85,118$75,013$66,003$57,995
13 years$99,565$87,126$76,047$66,225$57,556$49,934
14 years$91,502$79,195$68,328$58,787$50,453$43,207
15 years$84,521$72,346$61,691$52,428$44,423$37,543
16 years$78,418$66,376$55,932$46,944$39,261$32,737
17 years$73,038$61,130$50,896$42,178$34,812$28,631
18 years$68,262$56,487$46,462$38,011$30,953$25,105
19 years$63,994$52,351$42,533$34,346$27,589$22,062
20 years$60,157$48,648$39,035$31,107$24,643$19,425
21 years$56,690$45,313$35,905$28,232$22,053$17,131
22 years$53,542$42,298$33,092$25,669$19,767$15,130
23 years$50,673$39,561$30,554$23,377$17,744$13,380
24 years$48,046$37,066$28,258$21,322$15,949$11,845
25 years$45,633$34,784$26,172$19,472$14,351$10,497
26 years$43,410$32,692$24,273$17,804$12,927$9,310
27 years$41,355$30,767$22,540$16,297$11,655$8,263
28 years$39,449$28,991$20,954$14,931$10,517$7,339
29 years$37,679$27,350$19,499$13,692$9,496$6,522
30 years$36,030$25,829$18,163$12,566$8,580$5,799
31 years$34,490$24,417$16,933$11,541$7,757$5,159
32 years$33,049$23,104$15,799$10,606$7,017$4,591
33 years$31,698$21,879$14,751$9,753$6,351$4,087
34 years$30,430$20,737$13,783$8,974$5,750$3,640
35 years$29,236$19,669$12,886$8,261$5,208$3,242
36 years$28,112$18,668$12,054$7,608$4,718$2,889
37 years$27,050$17,731$11,283$7,010$4,277$2,575
38 years$26,047$16,850$10,566$6,461$3,877$2,295
39 years$25,098$16,023$9,899$5,958$3,516$2,046
40 years$24,199$15,245$9,278$5,495$3,189$1,825
41 years$23,345$14,511$8,700$5,070$2,893$1,627
42 years$22,535$13,820$8,161$4,679$2,625$1,451
43 years$21,764$13,168$7,658$4,319$2,383$1,295
44 years$21,030$12,552$7,188$3,988$2,163$1,155
45 years$20,331$11,969$6,750$3,683$1,963$1,030
46 years$19,664$11,418$6,339$3,402$1,783$919
47 years$19,028$10,896$5,956$3,143$1,619$820
48 years$18,419$10,402$5,597$2,904$1,470$732
49 years$17,838$9,933$5,261$2,684$1,335$653
50 years$17,281$9,489$4,946$2,481$1,213$583

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 $4,077 every year, while hoping to spend $27,081 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: 64/19/17 Blend
39$17,700,000$17,700,000$17,700,000$17,700,000
40$19,509,605$18,571,505$18,297,155$20,675,602
41$21,470,771$19,452,695$18,881,296$22,339,685
42$23,631,068$20,376,156$19,484,098$24,153,336
43$26,010,779$21,343,929$20,106,157$26,133,954
44$28,632,255$22,358,158$20,748,090$28,297,836
45$31,520,126$23,421,088$21,410,531$30,662,914
46$34,701,531$24,535,075$22,094,137$33,248,912
47$38,206,380$25,702,586$22,799,583$36,077,538
48$42,067,631$26,926,212$23,527,569$39,172,672
49$46,321,601$28,208,669$24,278,815$42,560,600
50$51,008,313$29,552,802$25,054,064$46,270,244
51$56,171,870$30,961,598$25,854,083$50,333,440
52$61,860,871$32,438,188$26,679,666$54,785,228
53$68,128,875$33,985,853$27,531,630$59,664,179
54$75,034,897$35,608,038$28,410,817$65,012,751
55$82,643,976$37,308,351$29,318,098$70,877,685
56$91,027,780$39,090,578$30,254,373$77,310,441
57$100,265,286$40,958,689$31,220,567$84,367,675
58$110,443,527$42,916,847$32,217,638$92,111,765
59$121,658,411$44,969,417$33,246,573$100,611,398
60$134,015,627$47,120,976$34,308,391$109,942,206
61$147,631,643$49,376,326$35,404,144$120,187,473
62$162,634,805$51,740,500$36,534,917$131,438,914
63$179,166,548$54,218,778$37,701,830$143,797,528
64$197,382,734$56,816,695$38,906,039$157,374,547
65$217,455,118$59,540,059$40,148,737$172,292,477
66$239,572,975$62,394,956$41,431,154$188,686,236
67$263,944,882$65,387,773$42,754,561$206,704,427
68$290,800,691$68,525,205$44,120,270$226,510,725
69$320,393,695$71,814,274$45,529,633$248,285,410
70$353,003,023$75,262,344$46,984,047$272,227,058
71$388,936,271$78,877,139$48,484,952$298,554,405
72$428,532,409$82,666,757$50,033,837$327,508,394
73$472,164,980$86,639,693$51,632,235$359,354,441
74$520,245,624$90,804,854$53,281,731$394,384,920
75$573,227,968$95,171,582$54,983,959$432,921,916
76$631,611,905$99,749,674$56,740,607$475,320,242
77$695,948,317$104,549,406$58,553,414$521,970,778
78$766,844,271$109,581,552$60,424,179$573,304,140
79$844,968,752$114,857,414$62,354,755$629,794,729
80$931,058,981$120,388,843$64,347,056$691,965,189
81$1,025,927,371$126,188,271$66,403,056$760,391,324
82$1,130,469,199$132,268,732$68,524,794$835,707,512
83$1,245,671,056$138,643,899$70,714,374$918,612,670
84$1,372,620,164$145,328,109$72,973,965$1,009,876,834
85$1,512,514,636$152,336,402$75,305,808$1,110,348,399
86$1,666,674,791$159,684,549$77,712,215$1,220,962,112
87$1,836,555,618$167,389,090$80,195,573$1,342,747,861
88$2,023,760,509$175,467,373$82,758,343$1,476,840,379
89$2,230,056,400$183,937,593$85,403,066$1,624,489,922
90$2,457,390,450$192,818,833$88,132,366$1,787,074,048
91$2,707,908,425$202,131,104$90,948,949$1,966,110,586
92$2,983,974,953$211,895,397$93,855,607$2,163,271,938
93$3,288,195,853$222,133,726$96,855,225$2,380,400,828
94$3,623,442,732$232,869,181$99,950,777$2,619,527,668
95$3,992,880,096$244,125,976$103,145,333$2,882,889,689
96$4,399,995,226$255,929,509$106,442,063$3,172,952,018
97$4,848,631,103$268,306,419$109,844,235$3,492,430,917
98$5,343,022,684$281,284,642$113,355,226$3,844,319,379
99$5,887,836,890$294,893,482$116,978,518$4,231,915,341
100$6,488,216,660$309,163,670$120,717,706$4,658,852,773