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

Use the below retirement simulation to view the chances of a successful retirement.
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%15.7%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,393,997
2 years$731,765$718,137$704,928$692,122$679,701$646,267
3 years$482,997$469,310$456,135$443,449$431,230$398,781
4 years$358,638$344,993$331,950$319,480$307,557$276,342
5 years$284,042$270,478$257,607$245,392$233,800$203,907
6 years$234,327$220,866$208,184$196,242$184,998$156,457
7 years$198,831$185,483$173,002$161,341$150,453$123,269
8 years$172,221$158,993$146,720$135,345$124,815$98,977
9 years$151,535$138,432$126,370$115,284$105,112$80,600
10 years$134,996$122,021$110,172$99,376$89,561$66,347
11 years$121,473$108,628$96,994$86,487$77,025$55,079
12 years$110,211$97,499$86,079$75,860$66,749$46,033
13 years$100,690$88,110$76,906$66,973$58,206$38,682
14 years$92,536$80,090$69,101$59,452$51,023$32,650
15 years$85,476$73,164$62,388$53,020$44,925$27,660
16 years$79,304$67,126$56,564$47,474$39,705$23,503
17 years$73,864$61,821$51,471$42,655$35,205$20,022
18 years$69,033$57,125$46,987$38,441$31,303$17,093
19 years$64,717$52,943$43,014$34,734$27,901$14,619
20 years$60,836$49,197$39,476$31,459$24,921$12,522
21 years$57,330$45,825$36,310$28,551$22,302$10,739
22 years$54,147$42,776$33,466$25,959$19,990$9,220
23 years$51,245$40,008$30,900$23,642$17,945$7,924
24 years$48,589$37,485$28,577$21,562$16,129$6,815
25 years$46,149$35,177$26,468$19,692$14,514$5,866
26 years$43,900$33,061$24,548$18,005$13,073$5,051
27 years$41,822$31,114$22,795$16,481$11,787$4,352
28 years$39,895$29,319$21,191$15,100$10,635$3,752
29 years$38,105$27,659$19,720$13,847$9,603$3,235
30 years$36,437$26,121$18,368$12,708$8,677$2,790
31 years$34,879$24,693$17,124$11,671$7,845$2,408
32 years$33,422$23,365$15,977$10,726$7,096$2,078
33 years$32,056$22,127$14,918$9,864$6,422$1,794
34 years$30,773$20,971$13,938$9,075$5,815$1,548
35 years$29,567$19,891$13,031$8,354$5,267$1,337
36 years$28,429$18,879$12,191$7,694$4,772$1,155
37 years$27,356$17,931$11,410$7,089$4,325$997
38 years$26,342$17,041$10,685$6,534$3,921$861
39 years$25,382$16,204$10,011$6,025$3,556$744
40 years$24,472$15,417$9,383$5,557$3,225$643
41 years$23,609$14,675$8,798$5,127$2,926$555
42 years$22,789$13,976$8,253$4,732$2,655$480
43 years$22,010$13,317$7,745$4,368$2,409$415
44 years$21,268$12,694$7,270$4,033$2,187$358
45 years$20,561$12,104$6,826$3,725$1,985$310
46 years$19,886$11,547$6,411$3,441$1,803$268
47 years$19,243$11,020$6,023$3,179$1,637$231
48 years$18,628$10,520$5,660$2,937$1,487$200
49 years$18,039$10,046$5,320$2,714$1,350$173
50 years$17,477$9,596$5,002$2,509$1,226$149

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 $6,147 every year, while hoping to spend $34,396 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: 56/23/21 Blend
39$17,900,000$17,900,000$17,900,000$17,900,000
40$19,732,141$18,783,441$18,505,991$20,724,949
41$21,708,222$19,667,232$19,089,344$22,287,507
42$23,884,711$20,593,177$19,691,087$23,984,751
43$26,282,012$21,563,303$20,311,800$25,833,042
44$28,922,612$22,579,740$20,952,080$27,846,900
45$31,831,287$23,644,716$21,612,543$30,042,288
46$35,035,343$24,760,571$22,293,828$32,436,758
47$38,564,866$25,929,757$22,996,589$35,049,612
48$42,453,011$27,154,845$23,721,504$37,902,078
49$46,736,316$28,438,529$24,469,271$41,017,505
50$51,455,039$29,783,637$25,240,612$44,421,577
51$56,653,549$31,193,130$26,036,268$48,142,550
52$62,380,735$32,670,117$26,857,006$52,211,511
53$68,690,472$34,217,855$27,703,618$56,662,665
54$75,642,129$35,839,760$28,576,919$61,533,652
55$83,301,131$37,539,412$29,477,750$66,865,892
56$91,739,571$39,320,568$30,406,979$72,704,972
57$101,036,896$41,187,165$31,365,502$79,101,062
58$111,280,655$43,143,331$32,354,242$86,109,389
59$122,567,324$45,193,397$33,374,151$93,790,741
60$135,003,219$47,341,901$34,426,213$102,212,036
61$148,705,497$49,593,604$35,511,441$111,446,943
62$163,803,263$51,953,496$36,630,880$121,576,567
63$180,438,791$54,426,812$37,785,609$132,690,204
64$198,768,862$57,019,040$38,976,741$144,886,174
65$218,966,247$59,735,935$40,205,423$158,272,734
66$241,221,339$62,583,530$41,472,840$172,969,092
67$265,743,947$65,568,155$42,780,212$189,106,519
68$292,765,279$68,696,444$44,128,798$206,829,571
69$322,540,124$71,975,356$45,519,899$226,297,445
70$355,349,256$75,412,188$46,954,855$247,685,463
71$391,502,085$79,014,590$48,435,048$271,186,717
72$431,339,580$82,790,587$49,961,904$297,013,868
73$475,237,484$86,748,593$51,536,895$325,401,146
74$523,609,865$90,897,431$53,161,538$356,606,539
75$576,913,020$95,246,354$54,837,399$390,914,209
76$635,649,788$99,805,066$56,566,091$428,637,160
77$700,374,292$104,583,740$58,349,282$470,120,169
78$771,697,176$109,593,049$60,188,688$515,743,024
79$850,291,362$114,844,183$62,086,083$565,924,084
80$936,898,408$120,348,875$64,043,295$621,124,208
81$1,032,335,510$126,119,434$66,062,209$681,851,081
82$1,137,503,209$132,168,763$68,144,770$748,663,983
83$1,253,393,903$138,510,399$70,292,986$822,179,042
84$1,381,101,206$145,158,534$72,508,927$903,075,025
85$1,521,830,280$152,128,053$74,794,726$992,099,716
86$1,676,909,207$159,434,566$77,152,588$1,090,076,944
87$1,847,801,530$167,094,443$79,584,784$1,197,914,336
88$2,036,120,068$175,124,853$82,093,656$1,316,611,845
89$2,243,642,146$183,543,802$84,681,624$1,447,271,162
90$2,472,326,366$192,370,170$87,351,181$1,591,106,079
91$2,724,331,109$201,623,761$90,104,898$1,749,453,909
92$3,002,034,899$211,325,343$92,945,430$1,923,788,078
93$3,308,058,870$221,496,696$95,875,513$2,115,731,987
94$3,645,291,503$232,160,662$98,897,970$2,327,074,299
95$4,016,915,899$243,341,197$102,015,715$2,559,785,784
96$4,426,439,830$255,063,425$105,231,751$2,816,037,871
97$4,877,728,855$267,353,696$108,549,178$3,098,223,104
98$5,375,042,815$280,239,643$111,971,191$3,408,977,678
99$5,923,076,044$293,750,248$115,501,089$3,751,206,269
100$6,527,001,698$307,915,907$119,142,272$4,128,109,406