Can I retire at age 40 with 17,800,000?

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 $17,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,381,163
2 years$727,677$714,125$700,990$688,256$675,903$637,656
3 years$480,299$466,688$453,587$440,972$428,821$391,757
4 years$356,634$343,065$330,095$317,696$305,839$270,244
5 years$282,455$268,967$256,167$244,021$232,494$198,466
6 years$233,018$219,632$207,021$195,145$183,964$151,536
7 years$197,720$184,447$172,036$160,440$149,612$118,785
8 years$171,259$158,105$145,900$134,589$124,118$94,876
9 years$150,688$137,659$125,664$114,640$104,525$76,842
10 years$134,242$121,339$109,556$98,821$89,061$62,901
11 years$120,794$108,021$96,452$86,004$76,595$51,918
12 years$109,596$96,954$85,598$75,437$66,376$43,136
13 years$100,128$87,618$76,477$66,599$57,881$36,030
14 years$92,019$79,643$68,715$59,119$50,738$30,224
15 years$84,998$72,755$62,040$52,724$44,674$25,444
16 years$78,861$66,751$56,248$47,209$39,483$21,482
17 years$73,451$61,475$51,184$42,417$35,008$18,181
18 years$68,648$56,806$46,724$38,226$31,128$15,419
19 years$64,355$52,647$42,774$34,540$27,745$13,098
20 years$60,497$48,922$39,256$31,283$24,782$11,143
21 years$57,010$45,569$36,108$28,391$22,177$9,491
22 years$53,845$42,537$33,279$25,814$19,879$8,092
23 years$50,959$39,784$30,727$23,510$17,844$6,905
24 years$48,317$37,275$28,417$21,442$16,039$5,897
25 years$45,891$34,981$26,320$19,582$14,433$5,039
26 years$43,655$32,876$24,411$17,905$13,000$4,308
27 years$41,588$30,941$22,667$16,389$11,721$3,685
28 years$39,672$29,155$21,072$15,016$10,576$3,153
29 years$37,892$27,505$19,610$13,770$9,550$2,699
30 years$36,233$25,975$18,266$12,637$8,629$2,311
31 years$34,684$24,555$17,028$11,606$7,801$1,979
32 years$33,235$23,234$15,888$10,666$7,057$1,695
33 years$31,877$22,003$14,835$9,809$6,386$1,452
34 years$30,602$20,854$13,861$9,025$5,782$1,244
35 years$29,401$19,780$12,959$8,308$5,237$1,066
36 years$28,271$18,774$12,122$7,651$4,745$914
37 years$27,203$17,831$11,346$7,050$4,301$783
38 years$26,195$16,946$10,625$6,498$3,899$672
39 years$25,240$16,114$9,955$5,991$3,536$576
40 years$24,335$15,331$9,331$5,526$3,207$494
41 years$23,477$14,593$8,749$5,099$2,909$423
42 years$22,662$13,898$8,207$4,705$2,640$363
43 years$21,887$13,242$7,701$4,344$2,396$311
44 years$21,149$12,623$7,229$4,011$2,175$267
45 years$20,446$12,037$6,788$3,704$1,974$229
46 years$19,775$11,483$6,375$3,421$1,793$196
47 years$19,135$10,958$5,989$3,161$1,628$168
48 years$18,524$10,461$5,628$2,921$1,478$144
49 years$17,939$9,990$5,290$2,699$1,343$124
50 years$17,379$9,542$4,974$2,495$1,220$106

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $17,800,000, adding $3,818 every year, while hoping to spend $40,088 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: 28/43/29 Blend
39$17,800,000$17,800,000$17,800,000$17,800,000
40$19,619,538$18,676,138$18,400,238$19,992,644
41$21,578,078$19,548,616$18,973,993$21,165,247
42$23,735,045$20,462,501$19,565,625$22,420,428
43$26,110,637$21,419,781$20,175,690$23,768,169
44$28,727,109$22,422,538$20,804,764$25,216,449
45$31,608,987$23,472,955$21,453,436$26,773,997
46$34,783,296$24,573,322$22,122,318$28,450,369
47$38,279,815$25,726,038$22,812,039$30,256,023
48$42,131,361$26,933,618$23,523,247$32,202,415
49$46,374,095$28,198,701$24,256,611$34,302,093
50$51,047,867$29,524,051$25,012,821$36,568,807
51$56,196,586$30,912,566$25,792,588$39,017,627
52$61,868,643$32,367,287$26,596,645$41,665,074
53$68,117,360$33,891,399$27,425,748$44,529,267
54$75,001,497$35,488,244$28,280,676$47,630,075
55$82,585,804$37,161,323$29,162,234$50,989,300
56$90,941,637$38,914,309$30,071,249$54,630,864
57$100,147,626$40,751,051$31,008,578$58,581,022
58$110,290,418$42,675,588$31,975,100$62,868,594
59$121,465,499$44,692,150$32,971,724$67,525,226
60$133,778,091$46,805,175$33,999,387$72,585,667
61$147,344,144$49,019,317$35,059,055$78,088,084
62$162,291,437$51,339,454$36,151,723$84,074,402
63$178,760,776$53,770,700$37,278,419$90,590,684
64$196,907,330$56,318,419$38,440,201$97,687,545
65$216,902,091$58,988,234$39,638,160$105,420,611
66$238,933,488$61,786,042$40,873,423$113,851,021
67$263,209,171$64,718,025$42,147,150$123,045,984
68$289,957,965$67,790,666$43,460,537$133,079,388
69$319,432,031$71,010,763$44,814,819$144,032,478
70$351,909,250$74,385,442$46,211,267$155,994,592
71$387,695,842$77,922,178$47,651,194$169,063,982
72$427,129,261$81,628,807$49,135,951$183,348,713
73$470,581,374$85,513,547$50,666,934$198,967,653
74$518,461,978$89,585,014$52,245,580$216,051,568
75$571,222,664$93,852,245$53,873,371$234,744,321
76$629,361,084$98,324,713$55,551,837$255,204,198
77$693,425,644$103,012,353$57,282,554$277,605,370
78$764,020,686$107,925,585$59,067,145$302,139,500
79$841,812,189$113,075,332$60,907,288$329,017,513
80$927,534,060$118,473,051$62,804,710$358,471,547
81$1,021,995,058$124,130,754$64,761,191$390,757,107
82$1,126,086,432$130,061,039$66,778,569$426,155,429
83$1,240,790,334$136,277,116$68,858,738$464,976,093
84$1,367,189,092$142,792,839$71,003,649$507,559,896
85$1,506,475,425$149,622,733$73,215,317$554,282,020
86$1,659,963,704$156,782,033$75,495,816$605,555,521
87$1,829,102,363$164,286,714$77,847,287$661,835,175
88$2,015,487,570$172,153,529$80,271,937$723,621,714
89$2,220,878,296$180,400,045$82,772,040$791,466,494
90$2,447,212,922$189,044,688$85,349,944$865,976,635
91$2,696,627,539$198,106,776$88,008,066$947,820,689
92$2,971,476,112$207,606,572$90,748,900$1,037,734,883
93$3,274,352,705$217,565,324$93,575,019$1,136,529,996
94$3,608,115,971$228,005,315$96,489,072$1,245,098,942
95$3,975,916,138$238,949,913$99,493,793$1,364,425,114
96$4,381,224,750$250,423,625$102,592,001$1,495,591,591
97$4,827,867,444$262,452,152$105,786,602$1,639,791,277
98$5,320,060,061$275,062,446$109,080,592$1,798,338,068
99$5,862,448,456$288,282,774$112,477,060$1,972,679,163
100$6,460,152,348$302,142,779$115,979,191$2,164,408,632