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%11.7%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,409,271
2 years$727,677$714,125$700,990$688,256$675,903$665,692
3 years$480,299$466,688$453,587$440,972$428,821$418,841
4 years$356,634$343,065$330,095$317,696$305,839$296,167
5 years$282,455$268,967$256,167$244,021$232,494$223,159
6 years$233,018$219,632$207,021$195,145$183,964$174,979
7 years$197,720$184,447$172,036$160,440$149,612$140,980
8 years$171,259$158,105$145,900$134,589$124,118$115,838
9 years$150,688$137,659$125,664$114,640$104,525$96,597
10 years$134,242$121,339$109,556$98,821$89,061$81,479
11 years$120,794$108,021$96,452$86,004$76,595$69,354
12 years$109,596$96,954$85,598$75,437$66,376$59,470
13 years$100,128$87,618$76,477$66,599$57,881$51,303
14 years$92,019$79,643$68,715$59,119$50,738$44,479
15 years$84,998$72,755$62,040$52,724$44,674$38,726
16 years$78,861$66,751$56,248$47,209$39,483$33,837
17 years$73,451$61,475$51,184$42,417$35,008$29,656
18 years$68,648$56,806$46,724$38,226$31,128$26,058
19 years$64,355$52,647$42,774$34,540$27,745$22,949
20 years$60,497$48,922$39,256$31,283$24,782$20,250
21 years$57,010$45,569$36,108$28,391$22,177$17,899
22 years$53,845$42,537$33,279$25,814$19,879$15,844
23 years$50,959$39,784$30,727$23,510$17,844$14,043
24 years$48,317$37,275$28,417$21,442$16,039$12,461
25 years$45,891$34,981$26,320$19,582$14,433$11,068
26 years$43,655$32,876$24,411$17,905$13,000$9,839
27 years$41,588$30,941$22,667$16,389$11,721$8,754
28 years$39,672$29,155$21,072$15,016$10,576$7,794
29 years$37,892$27,505$19,610$13,770$9,550$6,943
30 years$36,233$25,975$18,266$12,637$8,629$6,189
31 years$34,684$24,555$17,028$11,606$7,801$5,519
32 years$33,235$23,234$15,888$10,666$7,057$4,923
33 years$31,877$22,003$14,835$9,809$6,386$4,394
34 years$30,602$20,854$13,861$9,025$5,782$3,923
35 years$29,401$19,780$12,959$8,308$5,237$3,503
36 years$28,271$18,774$12,122$7,651$4,745$3,129
37 years$27,203$17,831$11,346$7,050$4,301$2,796
38 years$26,195$16,946$10,625$6,498$3,899$2,499
39 years$25,240$16,114$9,955$5,991$3,536$2,233
40 years$24,335$15,331$9,331$5,526$3,207$1,997
41 years$23,477$14,593$8,749$5,099$2,909$1,785
42 years$22,662$13,898$8,207$4,705$2,640$1,596
43 years$21,887$13,242$7,701$4,344$2,396$1,428
44 years$21,149$12,623$7,229$4,011$2,175$1,277
45 years$20,446$12,037$6,788$3,704$1,974$1,142
46 years$19,775$11,483$6,375$3,421$1,793$1,022
47 years$19,135$10,958$5,989$3,161$1,628$914
48 years$18,524$10,461$5,628$2,921$1,478$818
49 years$17,939$9,990$5,290$2,699$1,343$732
50 years$17,379$9,542$4,974$2,495$1,220$655

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 $3,073 every year, while hoping to spend $37,400 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: 49/23/28 Blend
39$17,800,000$17,800,000$17,800,000$17,800,000
40$19,618,770$18,675,370$18,399,470$20,423,764
41$21,580,091$19,550,670$18,976,059$21,863,910
42$23,740,213$20,467,606$19,570,710$23,423,731
43$26,119,375$21,428,179$20,183,989$25,117,750
44$28,739,878$22,434,486$20,816,479$26,958,685
45$31,626,297$23,488,726$21,468,782$28,960,511
46$34,805,711$24,593,206$22,141,518$31,138,585
47$38,307,961$25,750,341$22,835,327$33,509,790
48$42,165,931$26,962,666$23,550,868$36,092,684
49$46,415,857$28,232,837$24,288,823$38,907,673
50$51,097,669$29,563,640$25,049,893$41,977,192
51$56,255,368$30,957,996$25,834,802$45,325,917
52$61,937,444$32,418,966$26,644,295$48,980,984
53$68,197,328$33,949,760$27,479,144$52,972,244
54$75,093,901$35,553,744$28,340,141$57,332,533
55$82,692,049$37,234,448$29,228,106$62,097,976
56$91,063,274$38,995,571$30,143,883$67,308,320
57$100,286,367$40,840,993$31,088,342$73,007,300
58$110,448,156$42,774,782$32,062,382$79,243,041
59$121,644,325$44,801,203$33,066,928$86,068,508
60$133,980,312$46,924,727$34,102,936$93,541,992
61$147,572,310$49,150,045$35,171,391$101,727,651
62$162,548,361$51,482,073$36,273,308$110,696,105
63$179,049,565$53,925,966$37,409,735$120,525,092
64$197,231,412$56,487,130$38,581,753$131,300,191
65$217,265,250$59,171,232$39,790,475$143,115,617
66$239,339,900$61,984,217$41,037,050$156,075,095
67$263,663,442$64,932,317$42,322,664$170,292,833
68$290,465,179$68,022,066$43,648,539$185,894,578
69$319,997,796$71,260,316$45,015,934$203,018,795
70$352,539,754$74,654,254$46,426,150$221,817,956
71$388,397,909$78,211,413$47,880,527$242,459,964
72$427,910,419$81,939,695$49,380,447$265,129,723
73$471,449,926$85,847,384$50,927,337$290,030,865
74$519,427,081$89,943,169$52,522,665$317,387,654
75$572,294,417$94,236,158$54,167,948$347,447,086
76$630,550,624$98,735,906$55,864,751$380,481,201
77$694,745,252$103,452,430$57,614,685$416,789,631
78$765,483,904$108,396,236$59,419,413$456,702,403
79$843,433,950$113,578,339$61,280,651$500,583,038
80$929,330,827$119,010,291$63,200,167$548,831,958
81$1,023,984,984$124,704,208$65,179,785$601,890,240
82$1,128,289,530$130,672,792$67,221,386$660,243,754
83$1,243,228,670$136,929,367$69,326,910$724,427,727
84$1,369,886,991$143,487,903$71,498,358$795,031,764
85$1,509,459,704$150,363,050$73,737,793$872,705,388
86$1,663,263,927$157,570,173$76,047,342$958,164,139
87$1,832,751,120$165,125,383$78,429,201$1,052,196,299
88$2,019,520,786$173,045,579$80,885,631$1,155,670,299
89$2,225,335,574$181,348,480$83,418,967$1,269,542,886
90$2,452,137,915$190,052,668$86,031,615$1,394,868,114
91$2,702,068,365$199,177,632$88,726,057$1,532,807,261
92$2,977,485,812$208,743,809$91,504,853$1,684,639,751
93$3,280,989,742$218,772,633$94,370,643$1,851,775,190
94$3,615,444,785$229,286,581$97,326,149$2,035,766,633
95$3,984,007,756$240,309,226$100,374,178$2,238,325,196
96$4,390,157,459$251,865,291$103,517,625$2,461,336,168
97$4,837,727,531$263,980,701$106,759,476$2,706,876,755
98$5,330,942,632$276,682,648$110,102,811$2,977,235,641
99$5,874,458,330$289,999,647$113,550,805$3,274,934,539
100$6,473,405,055$303,961,606$117,106,733$3,602,751,942