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%17.3%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,385,010
2 years$731,765$718,137$704,928$692,122$679,701$637,372
3 years$482,997$469,310$456,135$443,449$431,230$390,261
4 years$358,638$344,993$331,950$319,480$307,557$268,262
5 years$284,042$270,478$257,607$245,392$233,800$196,286
6 years$234,327$220,866$208,184$196,242$184,998$149,299
7 years$198,831$185,483$173,002$161,341$150,453$116,567
8 years$172,221$158,993$146,720$135,345$124,815$92,722
9 years$151,535$138,432$126,370$115,284$105,112$74,779
10 years$134,996$122,021$110,172$99,376$89,561$60,945
11 years$121,473$108,628$96,994$86,487$77,025$50,078
12 years$110,211$97,499$86,079$75,860$66,749$41,416
13 years$100,690$88,110$76,906$66,973$58,206$34,430
14 years$92,536$80,090$69,101$59,452$51,023$28,743
15 years$85,476$73,164$62,388$53,020$44,925$24,078
16 years$79,304$67,126$56,564$47,474$39,705$20,227
17 years$73,864$61,821$51,471$42,655$35,205$17,032
18 years$69,033$57,125$46,987$38,441$31,303$14,369
19 years$64,717$52,943$43,014$34,734$27,901$12,142
20 years$60,836$49,197$39,476$31,459$24,921$10,275
21 years$57,330$45,825$36,310$28,551$22,302$8,704
22 years$54,147$42,776$33,466$25,959$19,990$7,381
23 years$51,245$40,008$30,900$23,642$17,945$6,264
24 years$48,589$37,485$28,577$21,562$16,129$5,320
25 years$46,149$35,177$26,468$19,692$14,514$4,520
26 years$43,900$33,061$24,548$18,005$13,073$3,843
27 years$41,822$31,114$22,795$16,481$11,787$3,268
28 years$39,895$29,319$21,191$15,100$10,635$2,781
29 years$38,105$27,659$19,720$13,847$9,603$2,367
30 years$36,437$26,121$18,368$12,708$8,677$2,015
31 years$34,879$24,693$17,124$11,671$7,845$1,715
32 years$33,422$23,365$15,977$10,726$7,096$1,461
33 years$32,056$22,127$14,918$9,864$6,422$1,244
34 years$30,773$20,971$13,938$9,075$5,815$1,060
35 years$29,567$19,891$13,031$8,354$5,267$903
36 years$28,429$18,879$12,191$7,694$4,772$769
37 years$27,356$17,931$11,410$7,089$4,325$656
38 years$26,342$17,041$10,685$6,534$3,921$559
39 years$25,382$16,204$10,011$6,025$3,556$476
40 years$24,472$15,417$9,383$5,557$3,225$406
41 years$23,609$14,675$8,798$5,127$2,926$346
42 years$22,789$13,976$8,253$4,732$2,655$295
43 years$22,010$13,317$7,745$4,368$2,409$251
44 years$21,268$12,694$7,270$4,033$2,187$214
45 years$20,561$12,104$6,826$3,725$1,985$183
46 years$19,886$11,547$6,411$3,441$1,803$156
47 years$19,243$11,020$6,023$3,179$1,637$133
48 years$18,628$10,520$5,660$2,937$1,487$113
49 years$18,039$10,046$5,320$2,714$1,350$96
50 years$17,477$9,596$5,002$2,509$1,226$82

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 $4,088 every year, while hoping to spend $41,437 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: 46/41/13 Blend
39$17,900,000$17,900,000$17,900,000$17,900,000
40$19,730,017$18,781,317$18,503,867$20,564,983
41$21,698,390$19,657,513$19,079,658$22,020,441
42$23,866,148$20,575,253$19,673,349$23,593,897
43$26,253,585$21,536,531$20,285,496$25,299,920
44$28,883,063$22,543,433$20,916,672$27,150,820
45$31,779,224$23,598,149$21,567,469$29,160,112
46$34,969,221$24,702,975$22,238,495$31,342,627
47$38,482,975$25,860,315$22,930,379$33,714,654
48$42,353,460$27,072,691$23,643,768$36,294,078
49$46,617,009$28,342,749$24,379,330$39,100,544
50$51,313,660$29,673,260$25,137,754$42,155,635
51$56,487,533$31,067,129$25,919,748$45,483,060
52$62,187,248$32,527,405$26,726,046$49,108,875
53$68,466,380$34,057,281$27,557,401$53,061,713
54$75,383,968$35,660,105$28,414,592$57,373,047
55$83,005,072$37,339,390$29,298,420$62,077,476
56$91,401,385$39,098,815$30,209,713$67,213,036
57$100,651,911$40,942,241$31,149,322$72,821,550
58$110,843,708$42,873,714$32,118,127$78,949,010
59$122,072,717$44,897,476$33,117,035$85,645,995
60$134,444,657$47,017,975$34,146,978$92,968,135
61$148,076,031$49,239,875$35,208,921$100,976,625
62$163,095,223$51,568,066$36,303,857$109,738,779
63$179,643,709$54,007,674$37,432,810$119,328,660
64$197,877,393$56,564,076$38,596,834$129,827,750
65$217,968,078$59,242,907$39,797,020$141,325,712
66$240,105,090$62,050,078$41,034,488$153,921,211
67$264,497,062$64,991,784$42,310,395$167,722,827
68$291,373,904$68,074,523$43,625,935$182,850,062
69$320,988,975$71,305,108$44,982,337$199,434,445
70$353,621,474$74,690,682$46,380,869$217,620,749
71$389,579,074$78,238,735$47,822,838$237,568,337
72$429,200,828$81,957,121$49,309,592$259,452,642
73$472,860,369$85,854,076$50,842,519$283,466,793
74$520,969,436$89,938,235$52,423,053$309,823,417
75$573,981,763$94,218,654$54,052,670$338,756,614
76$632,397,361$98,704,826$55,732,892$370,524,138
77$696,767,238$103,406,708$57,465,290$405,409,798
78$767,698,600$108,334,741$59,251,482$443,726,109
79$845,860,587$113,499,873$61,093,136$485,817,202
80$931,990,583$118,913,583$62,991,972$532,062,042
81$1,026,901,183$124,587,909$64,949,764$582,877,966
82$1,131,487,863$130,535,476$66,968,340$638,724,583
83$1,246,737,431$136,769,521$69,049,586$700,108,074
84$1,373,737,346$143,303,924$71,195,444$767,585,924
85$1,513,685,983$150,153,243$73,407,918$841,772,143
86$1,667,903,944$157,332,743$75,689,075$923,343,016
87$1,837,846,530$164,858,431$78,041,042$1,013,043,433
88$2,025,117,475$172,747,094$80,466,017$1,111,693,876
89$2,231,484,091$181,016,335$82,966,262$1,220,198,106
90$2,458,893,948$189,684,615$85,544,111$1,339,551,637
91$2,709,493,263$198,771,293$88,201,971$1,470,851,080
92$2,985,647,159$208,296,670$90,942,320$1,615,304,430
93$3,289,961,999$218,282,037$93,767,718$1,774,242,403
94$3,625,309,986$228,749,719$96,680,799$1,949,130,935
95$3,994,856,281$239,723,132$99,684,282$2,141,584,943
96$4,402,088,885$251,226,829$102,780,970$2,353,383,505
97$4,850,851,569$263,286,561$105,973,750$2,586,486,566
98$5,345,380,160$275,929,333$109,265,601$2,843,053,369
99$5,890,342,531$289,183,466$112,659,594$3,125,462,744
100$6,490,882,673$303,078,659$116,158,893$3,436,335,484