Can I retire at age 40 with 17,900,000?

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 $17,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,395,132
2 years$731,765$718,137$704,928$692,122$679,701$647,393
3 years$482,997$469,310$456,135$443,449$431,230$399,863
4 years$358,638$344,993$331,950$319,480$307,557$277,372
5 years$284,042$270,478$257,607$245,392$233,800$204,882
6 years$234,327$220,866$208,184$196,242$184,998$157,377
7 years$198,831$185,483$173,002$161,341$150,453$124,133
8 years$172,221$158,993$146,720$135,345$124,815$99,788
9 years$151,535$138,432$126,370$115,284$105,112$81,358
10 years$134,996$122,021$110,172$99,376$89,561$67,054
11 years$121,473$108,628$96,994$86,487$77,025$55,736
12 years$110,211$97,499$86,079$75,860$66,749$46,643
13 years$100,690$88,110$76,906$66,973$58,206$39,248
14 years$92,536$80,090$69,101$59,452$51,023$33,173
15 years$85,476$73,164$62,388$53,020$44,925$28,142
16 years$79,304$67,126$56,564$47,474$39,705$23,947
17 years$73,864$61,821$51,471$42,655$35,205$20,430
18 years$69,033$57,125$46,987$38,441$31,303$17,466
19 years$64,717$52,943$43,014$34,734$27,901$14,960
20 years$60,836$49,197$39,476$31,459$24,921$12,834
21 years$57,330$45,825$36,310$28,551$22,302$11,023
22 years$54,147$42,776$33,466$25,959$19,990$9,479
23 years$51,245$40,008$30,900$23,642$17,945$8,159
24 years$48,589$37,485$28,577$21,562$16,129$7,029
25 years$46,149$35,177$26,468$19,692$14,514$6,059
26 years$43,900$33,061$24,548$18,005$13,073$5,226
27 years$41,822$31,114$22,795$16,481$11,787$4,510
28 years$39,895$29,319$21,191$15,100$10,635$3,894
29 years$38,105$27,659$19,720$13,847$9,603$3,363
30 years$36,437$26,121$18,368$12,708$8,677$2,906
31 years$34,879$24,693$17,124$11,671$7,845$2,511
32 years$33,422$23,365$15,977$10,726$7,096$2,171
33 years$32,056$22,127$14,918$9,864$6,422$1,877
34 years$30,773$20,971$13,938$9,075$5,815$1,623
35 years$29,567$19,891$13,031$8,354$5,267$1,404
36 years$28,429$18,879$12,191$7,694$4,772$1,215
37 years$27,356$17,931$11,410$7,089$4,325$1,051
38 years$26,342$17,041$10,685$6,534$3,921$909
39 years$25,382$16,204$10,011$6,025$3,556$787
40 years$24,472$15,417$9,383$5,557$3,225$681
41 years$23,609$14,675$8,798$5,127$2,926$589
42 years$22,789$13,976$8,253$4,732$2,655$510
43 years$22,010$13,317$7,745$4,368$2,409$441
44 years$21,268$12,694$7,270$4,033$2,187$382
45 years$20,561$12,104$6,826$3,725$1,985$331
46 years$19,886$11,547$6,411$3,441$1,803$286
47 years$19,243$11,020$6,023$3,179$1,637$248
48 years$18,628$10,520$5,660$2,937$1,487$215
49 years$18,039$10,046$5,320$2,714$1,350$186
50 years$17,477$9,596$5,002$2,509$1,226$161

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $17,900,000, adding $5,685 every year, while hoping to spend $26,616 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: 81/10/9 Blend
39$17,900,000$17,900,000$17,900,000$17,900,000
40$19,731,664$18,782,964$18,505,514$21,303,970
41$21,715,975$19,675,010$19,097,130$23,226,905
42$23,901,793$20,609,874$19,707,672$25,332,948
43$26,309,644$21,589,627$20,337,748$27,643,710
44$28,962,147$22,616,438$20,987,982$30,179,667
45$31,884,227$23,692,584$21,659,020$32,963,367
46$35,103,348$24,820,451$22,351,527$36,019,637
47$38,649,779$26,002,542$23,066,192$39,375,822
48$42,556,870$27,241,481$23,803,724$43,062,034
49$46,861,377$28,540,019$24,564,855$47,111,436
50$51,603,800$29,901,043$25,350,340$51,560,555
51$56,828,772$31,327,577$26,160,960$56,449,619
52$62,585,473$32,822,796$26,997,519$61,822,937
53$68,928,104$34,390,025$27,860,848$67,729,314
54$75,916,388$36,032,754$28,751,805$74,222,509
55$83,616,143$37,754,642$29,671,273$81,361,735
56$92,099,895$39,559,525$30,620,167$89,212,220
57$101,447,570$41,451,428$31,599,428$97,845,817
58$111,747,243$43,434,568$32,610,029$107,341,676
59$123,095,970$45,513,371$33,652,973$117,786,990
60$135,600,709$47,692,476$34,729,298$129,277,813
61$149,379,323$49,976,749$35,840,071$141,919,964
62$164,561,697$52,371,292$36,986,397$155,830,018
63$181,290,963$54,881,458$38,169,413$171,136,404
64$199,724,848$57,512,857$39,390,296$187,980,613
65$220,037,169$60,271,373$40,650,257$206,518,526
66$242,419,469$63,163,179$41,950,550$226,921,882
67$267,082,827$66,194,747$43,292,465$249,379,893
68$294,259,849$69,372,864$44,677,337$274,101,026
69$324,206,867$72,704,647$46,106,541$301,314,961
70$357,206,355$76,197,562$47,581,497$331,274,756
71$393,569,597$79,859,437$49,103,672$364,259,228
72$433,639,629$83,698,482$50,674,577$400,575,578
73$477,794,471$87,723,307$52,295,775$440,562,284
74$526,450,699$91,942,942$53,968,876$484,592,288
75$580,067,381$96,366,856$55,695,544$533,076,509
76$639,150,404$101,004,982$57,477,494$586,467,716
77$704,257,253$105,867,735$59,316,499$645,264,789
78$776,002,277$110,966,038$61,214,385$710,017,423
79$855,062,483$116,311,347$63,173,041$781,331,306
80$942,183,931$121,915,678$65,194,413$859,873,828
81$1,038,188,777$127,791,631$67,280,510$946,380,369
82$1,143,983,032$133,952,421$69,433,408$1,041,661,236
83$1,260,565,121$140,411,909$71,655,246$1,146,609,292
84$1,389,035,300$147,184,630$73,948,234$1,262,208,381
85$1,530,606,053$154,285,829$76,314,652$1,389,542,601
86$1,686,613,531$161,731,495$78,756,853$1,529,806,524
87$1,858,530,169$169,538,396$81,277,266$1,684,316,460
88$2,047,978,590$177,724,121$83,878,398$1,854,522,873
89$2,256,746,918$186,307,115$86,562,836$2,042,024,053
90$2,486,805,662$195,306,722$89,333,249$2,248,581,196
91$2,740,326,320$204,743,232$92,192,394$2,476,135,009
92$3,019,701,880$214,637,926$95,143,115$2,726,824,016
93$3,327,569,409$225,013,121$98,188,346$3,003,004,733
94$3,666,834,950$235,892,226$101,331,117$3,307,273,889
95$4,040,700,961$247,299,791$104,574,556$3,642,492,927
96$4,452,696,544$259,261,565$107,921,888$4,011,814,998
97$4,906,710,765$271,804,555$111,376,444$4,418,714,701
98$5,407,029,370$284,957,086$114,941,663$4,867,020,872
99$5,958,375,247$298,748,864$118,621,090$5,360,952,702
100$6,565,953,014$313,211,050$122,418,388$5,905,159,545