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%17.4%
1 years$1,461,649$1,448,630$1,435,927$1,423,529$1,411,423$1,368,984
2 years$723,589$710,113$697,052$684,389$672,106$629,708
3 years$477,601$464,066$451,039$438,495$426,412$385,382
4 years$354,631$341,138$328,241$315,911$304,120$264,775
5 years$280,868$267,456$254,728$242,650$231,188$193,632
6 years$231,709$218,398$205,858$194,049$182,931$147,199
7 years$196,609$183,410$171,069$159,538$148,772$114,863
8 years$170,296$157,217$145,080$133,833$123,420$91,313
9 years$149,842$136,885$124,958$113,996$103,938$73,598
10 years$133,487$120,658$108,941$98,265$88,560$59,945
11 years$120,115$107,415$95,910$85,520$76,165$49,224
12 years$108,980$96,409$85,118$75,013$66,003$40,683
13 years$99,565$87,126$76,047$66,225$57,556$33,798
14 years$91,502$79,195$68,328$58,787$50,453$28,195
15 years$84,521$72,346$61,691$52,428$44,423$23,602
16 years$78,418$66,376$55,932$46,944$39,261$19,813
17 years$73,038$61,130$50,896$42,178$34,812$16,671
18 years$68,262$56,487$46,462$38,011$30,953$14,055
19 years$63,994$52,351$42,533$34,346$27,589$11,868
20 years$60,157$48,648$39,035$31,107$24,643$10,035
21 years$56,690$45,313$35,905$28,232$22,053$8,494
22 years$53,542$42,298$33,092$25,669$19,767$7,197
23 years$50,673$39,561$30,554$23,377$17,744$6,103
24 years$48,046$37,066$28,258$21,322$15,949$5,179
25 years$45,633$34,784$26,172$19,472$14,351$4,397
26 years$43,410$32,692$24,273$17,804$12,927$3,735
27 years$41,355$30,767$22,540$16,297$11,655$3,174
28 years$39,449$28,991$20,954$14,931$10,517$2,699
29 years$37,679$27,350$19,499$13,692$9,496$2,295
30 years$36,030$25,829$18,163$12,566$8,580$1,952
31 years$34,490$24,417$16,933$11,541$7,757$1,661
32 years$33,049$23,104$15,799$10,606$7,017$1,413
33 years$31,698$21,879$14,751$9,753$6,351$1,203
34 years$30,430$20,737$13,783$8,974$5,750$1,024
35 years$29,236$19,669$12,886$8,261$5,208$871
36 years$28,112$18,668$12,054$7,608$4,718$742
37 years$27,050$17,731$11,283$7,010$4,277$632
38 years$26,047$16,850$10,566$6,461$3,877$538
39 years$25,098$16,023$9,899$5,958$3,516$458
40 years$24,199$15,245$9,278$5,495$3,189$390
41 years$23,345$14,511$8,700$5,070$2,893$332
42 years$22,535$13,820$8,161$4,679$2,625$283
43 years$21,764$13,168$7,658$4,319$2,383$241
44 years$21,030$12,552$7,188$3,988$2,163$205
45 years$20,331$11,969$6,750$3,683$1,963$175
46 years$19,664$11,418$6,339$3,402$1,783$149
47 years$19,028$10,896$5,956$3,143$1,619$127
48 years$18,419$10,402$5,597$2,904$1,470$108
49 years$17,838$9,933$5,261$2,684$1,335$92
50 years$17,281$9,489$4,946$2,481$1,213$78

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 $5,121 every year, while hoping to spend $22,994 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: 32/50/18 Blend
39$17,700,000$17,700,000$17,700,000$17,700,000
40$19,510,682$18,572,582$18,298,232$20,025,253
41$21,476,306$19,458,173$18,886,758$21,294,266
42$23,641,654$20,386,388$19,494,228$22,657,759
43$26,027,071$21,359,290$20,121,254$24,125,935
44$28,654,982$22,379,044$20,768,465$25,707,955
45$31,550,093$23,447,920$21,436,511$27,413,843
46$34,739,633$24,568,299$22,126,065$29,254,574
47$38,253,606$25,742,677$22,837,819$31,242,167
48$42,125,077$26,973,670$23,572,489$33,389,787
49$46,390,480$28,264,025$24,330,812$35,711,862
50$51,089,966$29,616,620$25,113,551$38,224,200
51$56,267,781$31,034,472$25,921,494$40,944,134
52$61,972,682$32,520,749$26,755,452$43,890,670
53$68,258,399$34,078,770$27,616,263$47,084,652
54$75,184,142$35,712,015$28,504,793$50,548,947
55$82,815,156$37,424,136$29,421,936$54,308,644
56$91,223,345$39,218,961$30,368,613$58,391,279
57$100,487,941$41,100,505$31,345,777$62,827,076
58$110,696,260$43,072,979$32,354,410$67,649,216
59$121,944,523$45,140,799$33,395,527$72,894,136
60$134,338,761$47,308,595$34,470,174$78,601,851
61$147,995,822$49,581,224$35,579,432$84,816,315
62$163,044,471$51,963,779$36,724,418$91,585,812
63$179,626,604$54,461,601$37,906,283$98,963,399
64$197,898,589$57,080,291$39,126,215$107,007,375
65$218,032,744$59,825,724$40,385,442$115,781,817
66$240,218,961$62,704,062$41,685,231$125,357,154
67$264,666,499$65,721,764$43,026,890$135,810,813
68$291,605,959$68,885,608$44,411,768$147,227,919
69$321,291,464$72,202,700$45,841,259$159,702,070
70$354,003,053$75,680,493$47,316,802$173,336,199
71$390,049,331$79,326,803$48,839,881$188,243,506
72$429,770,374$83,149,828$50,412,029$204,548,501
73$473,540,949$87,158,166$52,034,828$222,388,147
74$521,774,043$91,360,833$53,709,912$241,913,111
75$574,924,768$95,767,286$55,438,967$263,289,159
76$633,494,654$100,387,444$57,223,732$286,698,676
77$698,036,388$105,231,707$59,066,006$312,342,351
78$769,159,024$110,310,986$60,967,642$340,441,029
79$847,533,741$115,636,721$62,930,555$371,237,752
80$933,900,176$121,220,913$64,956,721$405,000,006
81$1,029,073,403$127,076,147$67,048,181$442,022,200
82$1,133,951,635$133,215,623$69,207,039$482,628,396
83$1,249,524,698$139,653,184$71,435,471$527,175,311
84$1,376,883,378$146,403,352$73,735,721$576,055,633
85$1,517,229,719$153,481,352$76,110,104$629,701,670
86$1,671,888,371$160,903,159$78,561,013$688,589,367
87$1,842,319,093$168,685,522$81,090,915$753,242,741
88$2,030,130,540$176,846,012$83,702,360$824,238,756
89$2,237,095,443$185,403,055$86,397,977$902,212,703
90$2,465,167,351$194,375,978$89,180,483$987,864,124
91$2,716,499,072$203,785,051$92,052,680$1,081,963,339
92$2,993,462,995$213,651,536$95,017,462$1,185,358,636
93$3,298,673,490$223,997,731$98,077,816$1,298,984,198
94$3,635,011,589$234,847,023$101,236,826$1,423,868,834
95$4,005,652,186$246,223,943$104,497,675$1,561,145,597
96$4,414,094,011$258,154,218$107,863,650$1,712,062,383
97$4,864,192,660$270,664,834$111,338,141$1,877,993,616
98$5,360,196,994$283,784,093$114,924,651$2,060,453,111
99$5,906,789,255$297,541,682$118,626,795$2,261,108,256
100$6,509,129,270$311,968,735$122,448,304$2,481,795,638