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

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 $17,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$1,461,649$1,448,630$1,435,927$1,423,529$1,411,423$1,361,344
2 years$723,589$710,113$697,052$684,389$672,106$622,187
3 years$477,601$464,066$451,039$438,495$426,412$378,220
4 years$354,631$341,138$328,241$315,911$304,120$258,025
5 years$280,868$267,456$254,728$242,650$231,188$187,309
6 years$231,709$218,398$205,858$194,049$182,931$141,302
7 years$196,609$183,410$171,069$159,538$148,772$109,384
8 years$170,296$157,217$145,080$133,833$123,420$86,241
9 years$149,842$136,885$124,958$113,996$103,938$68,919
10 years$133,487$120,658$108,941$98,265$88,560$55,641
11 years$120,115$107,415$95,910$85,520$76,165$45,278
12 years$108,980$96,409$85,118$75,013$66,003$37,075
13 years$99,565$87,126$76,047$66,225$57,556$30,509
14 years$91,502$79,195$68,328$58,787$50,453$25,205
15 years$84,521$72,346$61,691$52,428$44,423$20,891
16 years$78,418$66,376$55,932$46,944$39,261$17,361
17 years$73,038$61,130$50,896$42,178$34,812$14,458
18 years$68,262$56,487$46,462$38,011$30,953$12,062
19 years$63,994$52,351$42,533$34,346$27,589$10,078
20 years$60,157$48,648$39,035$31,107$24,643$8,431
21 years$56,690$45,313$35,905$28,232$22,053$7,060
22 years$53,542$42,298$33,092$25,669$19,767$5,917
23 years$50,673$39,561$30,554$23,377$17,744$4,962
24 years$48,046$37,066$28,258$21,322$15,949$4,164
25 years$45,633$34,784$26,172$19,472$14,351$3,496
26 years$43,410$32,692$24,273$17,804$12,927$2,937
27 years$41,355$30,767$22,540$16,297$11,655$2,467
28 years$39,449$28,991$20,954$14,931$10,517$2,074
29 years$37,679$27,350$19,499$13,692$9,496$1,743
30 years$36,030$25,829$18,163$12,566$8,580$1,466
31 years$34,490$24,417$16,933$11,541$7,757$1,233
32 years$33,049$23,104$15,799$10,606$7,017$1,037
33 years$31,698$21,879$14,751$9,753$6,351$872
34 years$30,430$20,737$13,783$8,974$5,750$734
35 years$29,236$19,669$12,886$8,261$5,208$617
36 years$28,112$18,668$12,054$7,608$4,718$520
37 years$27,050$17,731$11,283$7,010$4,277$437
38 years$26,047$16,850$10,566$6,461$3,877$368
39 years$25,098$16,023$9,899$5,958$3,516$310
40 years$24,199$15,245$9,278$5,495$3,189$261
41 years$23,345$14,511$8,700$5,070$2,893$219
42 years$22,535$13,820$8,161$4,679$2,625$185
43 years$21,764$13,168$7,658$4,319$2,383$155
44 years$21,030$12,552$7,188$3,988$2,163$131
45 years$20,331$11,969$6,750$3,683$1,963$110
46 years$19,664$11,418$6,339$3,402$1,783$93
47 years$19,028$10,896$5,956$3,143$1,619$78
48 years$18,419$10,402$5,597$2,904$1,470$66
49 years$17,838$9,933$5,261$2,684$1,335$55
50 years$17,281$9,489$4,946$2,481$1,213$46

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 $2,823 every year, while hoping to spend $35,708 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: 59/12/29 Blend
39$17,700,000$17,700,000$17,700,000$17,700,000
40$19,508,312$18,570,212$18,295,862$20,504,856
41$21,460,167$19,442,159$18,870,780$22,059,085
42$23,609,914$20,355,635$19,463,762$23,749,612
43$25,977,701$21,312,637$20,075,373$25,592,970
44$28,585,729$22,315,259$20,706,201$27,604,032
45$31,458,462$23,365,695$21,356,847$29,799,163
46$34,622,859$24,466,248$22,027,936$32,196,366
47$38,108,627$25,619,331$22,720,108$34,815,453
48$41,948,502$26,827,473$23,434,027$37,678,226
49$46,178,557$28,093,327$24,170,374$40,808,676
50$50,838,544$29,419,674$24,929,856$44,233,211
51$55,972,268$30,809,431$25,713,198$47,980,897
52$61,627,999$32,265,653$26,521,151$52,083,729
53$67,858,932$33,791,546$27,354,486$56,576,927
54$74,723,683$35,390,473$28,214,002$61,499,265
55$82,286,848$37,065,955$29,100,520$66,893,432
56$90,619,608$38,821,689$30,014,889$72,806,428
57$99,800,405$40,661,548$30,957,984$79,290,003
58$109,915,676$42,589,594$31,930,707$86,401,142
59$121,060,678$44,610,087$32,933,988$94,202,591
60$133,340,378$46,727,492$33,968,788$102,763,449
61$146,870,451$48,946,493$35,036,096$112,159,811
62$161,778,365$51,272,000$36,136,934$122,475,480
63$178,204,591$53,709,161$37,272,354$133,802,750
64$196,303,925$56,263,375$38,443,443$146,243,271
65$216,246,948$58,940,303$39,651,322$159,909,002
66$238,221,641$61,745,881$40,897,145$174,923,257
67$262,435,153$64,686,335$42,182,104$191,421,861
68$289,115,763$67,768,190$43,507,429$209,554,427
69$318,515,031$70,998,290$44,874,387$229,485,755
70$350,910,171$74,383,814$46,284,287$251,397,382
71$386,606,674$77,932,287$47,738,476$275,489,281
72$425,941,186$81,651,600$49,238,346$301,981,745
73$469,284,688$85,550,030$50,785,332$331,117,449
74$517,045,999$89,636,253$52,380,913$363,163,736
75$569,675,633$93,919,372$54,026,615$398,415,124
76$627,670,054$98,408,927$55,724,014$437,196,078
77$691,576,362$103,114,928$57,474,731$479,864,058
78$761,997,459$108,047,867$59,280,443$526,812,881
79$839,597,738$113,218,750$61,142,875$578,476,425
80$925,109,355$118,639,118$63,063,810$635,332,713
81$1,019,339,147$124,321,071$65,045,084$697,908,404
82$1,123,176,239$130,277,303$67,088,594$766,783,759
83$1,237,600,446$136,521,121$69,196,292$842,598,094
84$1,363,691,519$143,066,484$71,370,196$926,055,804
85$1,502,639,340$149,928,029$73,612,384$1,017,932,991
86$1,655,755,155$157,121,104$75,925,001$1,119,084,777
87$1,824,483,951$164,661,808$78,310,259$1,230,453,353
88$2,010,418,100$172,567,023$80,770,438$1,353,076,857
89$2,215,312,391$180,854,451$83,307,892$1,488,099,151
90$2,441,100,596$189,542,661$85,925,048$1,636,780,600
91$2,689,913,728$198,651,122$88,624,408$1,800,509,949
92$2,964,100,157$208,200,256$91,408,555$1,980,817,404
93$3,266,247,781$218,211,477$94,280,149$2,179,389,060
94$3,599,208,459$228,707,244$97,241,939$2,398,082,789
95$3,966,124,934$239,711,110$100,296,756$2,638,945,753
96$4,370,460,501$251,247,779$103,447,521$2,904,233,703
97$4,816,031,707$263,343,155$106,697,248$3,196,432,247
98$5,307,044,380$276,024,408$110,049,044$3,518,280,281
99$5,848,133,335$289,320,032$113,506,115$3,872,795,818
100$6,444,406,131$303,259,909$117,071,766$4,263,304,444