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%17.1%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,386,124
2 years$731,765$718,137$704,928$692,122$679,701$638,473
3 years$482,997$469,310$456,135$443,449$431,230$391,313
4 years$358,638$344,993$331,950$319,480$307,557$269,257
5 years$284,042$270,478$257,607$245,392$233,800$197,221
6 years$234,327$220,866$208,184$196,242$184,998$150,174
7 years$198,831$185,483$173,002$161,341$150,453$117,384
8 years$172,221$158,993$146,720$135,345$124,815$93,482
9 years$151,535$138,432$126,370$115,284$105,112$75,484
10 years$134,996$122,021$110,172$99,376$89,561$61,596
11 years$121,473$108,628$96,994$86,487$77,025$50,678
12 years$110,211$97,499$86,079$75,860$66,749$41,968
13 years$100,690$88,110$76,906$66,973$58,206$34,936
14 years$92,536$80,090$69,101$59,452$51,023$29,206
15 years$85,476$73,164$62,388$53,020$44,925$24,500
16 years$79,304$67,126$56,564$47,474$39,705$20,611
17 years$73,864$61,821$51,471$42,655$35,205$17,381
18 years$69,033$57,125$46,987$38,441$31,303$14,685
19 years$64,717$52,943$43,014$34,734$27,901$12,428
20 years$60,836$49,197$39,476$31,459$24,921$10,533
21 years$57,330$45,825$36,310$28,551$22,302$8,937
22 years$54,147$42,776$33,466$25,959$19,990$7,590
23 years$51,245$40,008$30,900$23,642$17,945$6,451
24 years$48,589$37,485$28,577$21,562$16,129$5,487
25 years$46,149$35,177$26,468$19,692$14,514$4,670
26 years$43,900$33,061$24,548$18,005$13,073$3,977
27 years$41,822$31,114$22,795$16,481$11,787$3,388
28 years$39,895$29,319$21,191$15,100$10,635$2,887
29 years$38,105$27,659$19,720$13,847$9,603$2,461
30 years$36,437$26,121$18,368$12,708$8,677$2,099
31 years$34,879$24,693$17,124$11,671$7,845$1,790
32 years$33,422$23,365$15,977$10,726$7,096$1,527
33 years$32,056$22,127$14,918$9,864$6,422$1,303
34 years$30,773$20,971$13,938$9,075$5,815$1,111
35 years$29,567$19,891$13,031$8,354$5,267$949
36 years$28,429$18,879$12,191$7,694$4,772$810
37 years$27,356$17,931$11,410$7,089$4,325$691
38 years$26,342$17,041$10,685$6,534$3,921$590
39 years$25,382$16,204$10,011$6,025$3,556$504
40 years$24,472$15,417$9,383$5,557$3,225$430
41 years$23,609$14,675$8,798$5,127$2,926$367
42 years$22,789$13,976$8,253$4,732$2,655$313
43 years$22,010$13,317$7,745$4,368$2,409$268
44 years$21,268$12,694$7,270$4,033$2,187$228
45 years$20,561$12,104$6,826$3,725$1,985$195
46 years$19,886$11,547$6,411$3,441$1,803$167
47 years$19,243$11,020$6,023$3,179$1,637$142
48 years$18,628$10,520$5,660$2,937$1,487$121
49 years$18,039$10,046$5,320$2,714$1,350$104
50 years$17,477$9,596$5,002$2,509$1,226$89

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 $2,089 every year, while hoping to spend $27,102 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: 49/26/25 Blend
39$17,900,000$17,900,000$17,900,000$17,900,000
40$19,727,955$18,779,255$18,501,805$20,554,806
41$21,711,370$19,670,602$19,092,779$22,023,812
42$23,896,185$20,604,717$19,702,642$23,615,977
43$26,302,914$21,583,666$20,331,999$25,345,238
44$28,954,163$22,609,618$20,981,473$27,224,554
45$31,874,843$23,684,844$21,651,708$29,268,163
46$35,092,404$24,811,728$22,343,366$31,491,708
47$38,637,095$25,992,769$23,057,135$33,912,383
48$42,542,250$27,230,586$23,793,721$36,549,084
49$46,844,603$28,527,928$24,553,854$39,422,585
50$51,584,632$29,887,676$25,338,287$42,555,724
51$56,806,943$31,312,850$26,147,798$45,973,613
52$62,560,690$32,806,620$26,983,189$49,703,864
53$68,900,043$34,372,306$27,845,288$53,776,849
54$75,884,691$36,013,393$28,734,949$58,225,969
55$83,580,414$37,733,534$29,653,055$63,087,969
56$92,059,699$39,536,560$30,600,514$68,403,270
57$101,402,425$41,426,487$31,578,268$74,216,344
58$111,696,616$43,407,529$32,587,284$80,576,121
59$123,039,276$45,484,104$33,628,563$87,536,446
60$135,537,300$47,660,842$34,703,138$95,156,568
61$149,308,485$49,942,604$35,812,073$103,501,698
62$164,482,642$52,334,483$36,956,469$112,643,604
63$181,202,820$54,841,822$38,137,460$122,661,279
64$199,626,660$57,470,223$39,356,216$133,641,679
65$219,927,877$60,225,562$40,613,948$145,680,519
66$242,297,907$63,114,001$41,911,901$158,883,175
67$266,947,707$66,142,000$43,251,364$173,365,655
68$294,109,753$69,316,338$44,633,664$189,255,681
69$324,040,228$72,644,119$46,060,172$206,693,882
70$357,021,448$76,132,797$47,532,304$225,835,099
71$393,364,518$79,790,187$49,051,520$246,849,833
72$433,412,279$83,624,487$50,619,326$269,925,835
73$477,542,536$87,644,291$52,237,277$295,269,860
74$526,171,629$91,858,615$53,906,980$323,109,596
75$579,758,361$96,276,913$55,630,090$353,695,794
76$638,808,333$100,909,100$57,408,316$387,304,615
77$703,878,712$105,765,575$59,243,424$424,240,211
78$775,583,495$110,857,244$61,137,234$464,837,572
79$854,599,305$116,195,542$63,091,624$509,465,665
80$941,671,776$121,792,465$65,108,535$558,530,892
81$1,037,622,593$127,660,592$67,189,968$612,480,894
82$1,143,357,254$133,813,118$69,337,988$671,808,754
83$1,259,873,611$140,263,877$71,554,727$737,057,617
84$1,388,271,294$147,027,382$73,842,386$808,825,787
85$1,529,762,094$154,118,852$76,203,234$887,772,346
86$1,685,681,400$161,554,248$78,639,615$974,623,336
87$1,857,500,808$169,350,311$81,153,947$1,070,178,579
88$2,046,842,012$177,524,599$83,748,726$1,175,319,193
89$2,255,492,118$186,095,524$86,426,529$1,291,015,866
90$2,485,420,509$195,082,399$89,190,012$1,418,337,980
91$2,738,797,444$204,505,480$92,041,921$1,558,463,665
92$3,018,014,543$214,386,009$94,985,085$1,712,690,875
93$3,325,707,369$224,746,266$98,022,429$1,882,449,591
94$3,664,780,307$235,609,619$101,156,966$2,069,315,277
95$4,038,433,985$247,000,577$104,391,810$2,275,023,697
96$4,450,195,489$258,944,843$107,730,174$2,501,487,247
97$4,903,951,665$271,469,377$111,175,371$2,750,812,957
98$5,403,985,813$284,602,454$114,730,824$3,025,322,319
99$5,955,018,123$298,373,731$118,400,064$3,327,573,142
100$6,562,250,240$312,814,313$122,186,734$3,660,383,636