Can I retire at age 40 with 15,100,000?

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 $15,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,184,148
2 years$617,299$605,802$594,660$583,857$573,379$553,340
3 years$407,445$395,899$384,785$374,083$363,775$344,269
4 years$302,538$291,027$280,025$269,506$259,447$240,624
5 years$239,611$228,169$217,311$207,006$197,228$179,142
6 years$197,673$186,317$175,619$165,545$156,060$138,732
7 years$167,729$156,469$145,940$136,103$126,918$110,354
8 years$145,281$134,123$123,769$114,174$105,291$89,486
9 years$127,831$116,778$106,602$97,251$88,670$73,617
10 years$113,879$102,934$92,938$83,831$75,551$61,236
11 years$102,471$91,636$81,821$72,958$64,977$51,385
12 years$92,972$82,248$72,614$63,994$56,307$43,422
13 years$84,940$74,328$64,876$56,497$49,101$36,902
14 years$78,061$67,562$58,292$50,152$43,042$31,509
15 years$72,105$61,719$52,629$44,727$37,897$27,009
16 years$66,899$56,626$47,716$40,048$33,494$23,228
17 years$62,310$52,150$43,420$35,983$29,698$20,030
18 years$58,235$48,189$39,637$32,428$26,406$17,314
19 years$54,593$44,661$36,286$29,301$23,536$14,995
20 years$51,320$41,502$33,301$26,538$21,023$13,009
21 years$48,362$38,657$30,631$24,085$18,813$11,303
22 years$45,677$36,085$28,231$21,899$16,863$9,832
23 years$43,229$33,750$26,066$19,943$15,138$8,562
24 years$40,988$31,621$24,107$18,190$13,606$7,463
25 years$38,930$29,675$22,328$16,612$12,243$6,511
26 years$37,033$27,890$20,708$15,189$11,028$5,684
27 years$35,280$26,247$19,229$13,903$9,943$4,965
28 years$33,655$24,733$17,876$12,738$8,972$4,339
29 years$32,144$23,333$16,635$11,681$8,101$3,794
30 years$30,737$22,035$15,495$10,720$7,320$3,319
31 years$29,423$20,830$14,445$9,846$6,618$2,904
32 years$28,194$19,710$13,478$9,048$5,986$2,542
33 years$27,042$18,666$12,584$8,321$5,418$2,226
34 years$25,960$17,691$11,758$7,656$4,905$1,949
35 years$24,942$16,779$10,993$7,048$4,443$1,707
36 years$23,982$15,926$10,284$6,491$4,025$1,496
37 years$23,077$15,126$9,625$5,980$3,648$1,311
38 years$22,221$14,375$9,014$5,512$3,308$1,149
39 years$21,411$13,669$8,445$5,083$2,999$1,007
40 years$20,644$13,005$7,915$4,688$2,721$882
41 years$19,916$12,380$7,422$4,325$2,468$773
42 years$19,225$11,790$6,962$3,992$2,240$678
43 years$18,567$11,234$6,533$3,685$2,033$595
44 years$17,941$10,708$6,132$3,402$1,845$521
45 years$17,345$10,211$5,758$3,142$1,675$457
46 years$16,776$9,741$5,408$2,902$1,521$401
47 years$16,233$9,296$5,081$2,681$1,381$352
48 years$15,714$8,874$4,775$2,478$1,254$308
49 years$15,218$8,474$4,488$2,290$1,139$270
50 years$14,743$8,095$4,219$2,117$1,035$237

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $15,100,000, adding $5,085 every year, while hoping to spend $21,780 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: 55/29/16 Blend
39$15,100,000$15,100,000$15,100,000$15,100,000
40$16,645,445$15,845,145$15,611,095$17,490,110
41$18,320,107$16,598,384$16,110,893$18,819,062
42$20,164,854$17,387,801$16,626,704$20,262,661
43$22,197,012$18,215,146$17,159,042$21,834,124
44$24,435,674$19,082,255$17,708,437$23,545,667
45$26,901,879$19,991,051$18,275,435$25,410,717
46$29,618,809$20,943,551$18,860,601$27,444,035
47$32,612,014$21,941,872$19,464,518$29,661,844
48$35,909,647$22,988,231$20,087,787$32,081,982
49$39,542,732$24,084,955$20,731,028$34,724,064
50$43,545,455$25,234,483$21,394,882$37,609,658
51$47,955,492$26,439,372$22,080,011$40,762,487
52$52,814,356$27,702,306$22,787,095$44,208,640
53$58,167,798$29,026,097$23,516,841$47,976,820
54$64,066,232$30,413,694$24,269,974$52,098,601
55$70,565,214$31,868,191$25,047,244$56,608,718
56$77,725,965$33,392,832$25,849,426$61,545,394
57$85,615,951$34,991,018$26,677,319$66,950,687
58$94,309,516$36,666,315$27,531,747$72,870,878
59$103,888,587$38,422,466$28,413,561$79,356,902
60$114,443,449$40,263,392$29,323,641$86,464,819
61$126,073,590$42,193,208$30,262,893$94,256,331
62$138,888,649$44,216,227$31,232,252$102,799,357
63$153,009,443$46,336,975$32,232,684$112,168,660
64$168,569,114$48,560,194$33,265,187$122,446,547
65$185,714,382$50,890,862$34,330,789$133,723,626
66$204,606,930$53,334,196$35,430,552$146,099,660
67$225,424,934$55,895,668$36,565,572$159,684,484
68$248,364,738$58,581,017$37,736,980$174,599,038
69$273,642,717$61,396,262$38,945,944$190,976,488
70$301,497,309$64,347,715$40,193,669$208,963,473
71$332,191,276$67,441,994$41,481,398$228,721,472
72$366,014,177$70,686,042$42,810,415$250,428,310
73$403,285,104$74,087,139$44,182,045$274,279,824
74$444,355,696$77,652,920$45,597,655$300,491,690
75$489,613,457$81,391,394$47,058,657$329,301,445
76$539,485,415$85,310,957$48,566,507$360,970,706
77$594,442,151$89,420,417$50,122,708$395,787,619
78$655,002,244$93,729,012$51,728,813$434,069,564
79$721,737,167$98,246,428$53,386,423$476,166,120
80$795,276,681$102,982,825$55,097,190$522,462,351
81$876,314,778$107,948,859$56,862,822$573,382,408
82$965,616,237$113,155,705$58,685,078$629,393,516
83$1,064,023,841$118,615,082$60,565,776$691,010,352
84$1,172,466,335$124,339,284$62,506,792$758,799,877
85$1,291,967,194$130,341,201$64,510,062$833,386,661
86$1,423,654,283$136,634,356$66,577,585$915,458,748
87$1,568,770,508$143,232,927$68,711,422$1,005,774,117
88$1,728,685,548$150,151,789$70,913,702$1,105,167,809
89$1,904,908,786$157,406,538$73,186,623$1,214,559,768
90$2,099,103,559$165,013,536$75,532,453$1,334,963,497
91$2,313,102,863$172,989,940$77,953,531$1,467,495,578
92$2,548,926,654$181,353,746$80,452,273$1,613,386,184
93$2,808,800,922$190,123,829$83,031,173$1,773,990,640
94$3,095,178,703$199,319,984$85,692,805$1,950,802,180
95$3,410,763,241$208,962,973$88,439,824$2,145,465,995
96$3,758,533,505$219,074,572$91,274,971$2,359,794,717
97$4,141,772,317$229,677,621$94,201,078$2,595,785,479
98$4,564,097,343$240,796,074$97,221,063$2,855,638,720
99$5,029,495,245$252,455,054$100,337,941$3,141,778,898
100$5,542,359,322$264,680,914$103,554,825$3,456,877,321