Can I retire at age 40 with 15,200,000?

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 $15,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$1,255,202$1,244,021$1,233,113$1,222,466$1,212,069$1,167,208
2 years$621,387$609,814$598,598$587,724$577,176$532,485
3 years$410,143$398,520$387,333$376,560$366,184$323,070
4 years$304,542$292,955$281,879$271,291$261,166$219,957
5 years$241,198$229,680$218,750$208,377$198,534$159,337
6 years$198,982$187,551$176,782$166,641$157,093$119,937
7 years$168,840$157,505$146,907$137,005$127,759$92,633
8 years$146,243$135,011$124,589$114,930$105,988$72,861
9 years$128,678$117,551$107,308$97,895$89,257$58,083
10 years$114,633$103,616$93,554$84,386$76,052$46,775
11 years$103,150$92,243$82,363$73,441$65,407$37,964
12 years$93,587$82,792$73,095$64,418$56,680$31,003
13 years$85,502$74,820$65,306$56,871$49,426$25,443
14 years$78,578$68,009$58,678$50,484$43,327$20,961
15 years$72,583$62,128$52,978$45,023$38,148$17,324
16 years$67,342$57,001$48,032$40,313$33,716$14,355
17 years$62,722$52,496$43,707$36,221$29,895$11,920
18 years$58,621$48,509$39,899$32,642$26,581$9,915
19 years$54,955$44,957$36,526$29,495$23,692$8,259
20 years$51,660$41,776$33,522$26,714$21,162$6,888
21 years$48,683$38,913$30,833$24,244$18,938$5,750
22 years$45,980$36,324$28,418$22,044$16,975$4,804
23 years$43,515$33,973$26,239$20,076$15,238$4,016
24 years$41,260$31,831$24,266$18,310$13,696$3,360
25 years$39,188$29,871$22,476$16,722$12,324$2,812
26 years$37,279$28,074$20,845$15,290$11,101$2,354
27 years$35,514$26,421$19,356$13,995$10,009$1,971
28 years$33,877$24,897$17,994$12,822$9,031$1,652
29 years$32,357$23,487$16,745$11,758$8,155$1,384
30 years$30,941$22,181$15,598$10,791$7,368$1,160
31 years$29,618$20,968$14,541$9,911$6,662$972
32 years$28,381$19,840$13,567$9,108$6,026$815
33 years$27,221$18,789$12,668$8,376$5,454$683
34 years$26,132$17,808$11,836$7,707$4,938$573
35 years$25,107$16,890$11,066$7,094$4,472$481
36 years$24,141$16,032$10,352$6,534$4,052$403
37 years$23,230$15,226$9,689$6,020$3,672$338
38 years$22,368$14,470$9,073$5,549$3,329$283
39 years$21,553$13,760$8,501$5,116$3,019$238
40 years$20,781$13,091$7,968$4,719$2,739$199
41 years$20,048$12,462$7,471$4,354$2,485$167
42 years$19,352$11,868$7,008$4,018$2,254$140
43 years$18,690$11,308$6,576$3,709$2,046$118
44 years$18,060$10,779$6,173$3,425$1,857$99
45 years$17,459$10,279$5,796$3,163$1,686$83
46 years$16,887$9,805$5,444$2,922$1,531$69
47 years$16,340$9,357$5,115$2,699$1,390$58
48 years$15,818$8,933$4,806$2,494$1,262$49
49 years$15,318$8,530$4,518$2,305$1,147$41
50 years$14,841$8,149$4,247$2,131$1,041$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $15,200,000, adding $3,443 every year, while hoping to spend $29,549 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: 55/27/18 Blend
39$15,200,000$15,200,000$15,200,000$15,200,000
40$16,753,951$15,948,351$15,712,751$17,594,397
41$18,431,415$16,698,381$16,207,689$18,918,248
42$20,278,989$17,484,171$16,718,216$20,355,670
43$22,313,994$18,307,444$17,244,824$21,920,304
44$24,555,515$19,170,003$17,788,021$23,624,324
45$27,024,586$20,073,741$18,348,327$25,481,108
46$29,744,380$21,020,640$18,926,282$27,505,367
47$32,740,436$22,012,782$19,522,442$29,713,272
48$36,040,898$23,052,345$20,137,381$32,122,605
49$39,676,776$24,141,616$20,771,690$34,752,918
50$43,682,244$25,282,993$21,425,979$37,625,717
51$48,094,961$26,478,987$22,100,877$40,764,656
52$52,956,425$27,732,235$22,797,034$44,195,755
53$58,312,364$29,045,499$23,515,119$47,947,636
54$64,213,173$30,421,676$24,255,823$52,051,792
55$70,714,383$31,863,804$25,019,859$56,542,874
56$77,877,186$33,375,067$25,807,961$61,459,011
57$85,769,019$34,958,805$26,620,887$66,842,160
58$94,464,192$36,618,519$27,459,420$72,738,500
59$104,044,594$38,357,882$28,324,366$79,198,854
60$114,600,467$40,180,743$29,216,556$86,279,162
61$126,231,254$42,091,138$30,136,850$94,041,000
62$139,046,540$44,093,301$31,086,132$102,552,151
63$153,167,085$46,191,671$32,065,315$111,887,235
64$168,725,966$48,390,902$33,075,342$122,128,404
65$185,869,832$50,695,873$34,117,184$133,366,104
66$204,760,288$53,111,704$35,191,842$145,699,921
67$225,575,419$55,643,760$36,300,351$159,239,505
68$248,511,476$58,297,668$37,443,777$174,105,594
69$273,784,723$61,079,330$38,623,220$190,431,143
70$301,633,481$63,994,933$39,839,814$208,362,562
71$332,320,378$67,050,967$41,094,729$228,061,086
72$366,134,827$70,254,235$42,389,173$249,704,280
73$403,395,759$73,611,873$43,724,391$273,487,701
74$444,454,635$77,131,363$45,101,666$299,626,727
75$489,698,761$80,820,552$46,522,325$328,358,573
76$539,554,944$84,687,669$47,987,732$359,944,513
77$594,493,526$88,741,342$49,499,299$394,672,327
78$655,032,818$92,990,620$51,058,478$432,858,997
79$721,743,998$97,444,994$52,666,769$474,853,681
80$795,256,500$102,114,413$54,325,721$521,040,985
81$876,263,958$107,009,314$56,036,927$571,844,574
82$965,530,752$112,140,640$57,802,035$627,731,145
83$1,063,899,227$117,519,870$59,622,741$689,214,809
84$1,172,297,644$123,159,039$61,500,798$756,861,921
85$1,291,748,940$129,070,769$63,438,012$831,296,394
86$1,423,380,393$135,268,297$65,436,246$913,205,567
87$1,568,434,255$141,765,506$67,497,422$1,003,346,659
88$1,728,279,486$148,576,953$69,623,523$1,102,553,889
89$1,904,424,677$155,717,906$71,816,594$1,211,746,319
90$2,098,532,288$163,204,378$74,078,744$1,331,936,494
91$2,312,434,349$171,053,160$76,412,150$1,464,239,969
92$2,548,149,751$179,281,864$78,819,055$1,609,885,798
93$2,807,903,308$187,908,957$81,301,776$1,770,228,104
94$3,094,146,759$196,953,810$83,862,699$1,946,758,816
95$3,409,581,917$206,436,736$86,504,289$2,141,121,716
96$3,757,186,176$216,379,039$89,229,085$2,355,127,908
97$4,140,240,617$226,803,062$92,039,710$2,590,772,872
98$4,562,360,986$237,732,239$94,938,867$2,850,255,252
99$5,027,531,832$249,191,143$97,929,344$3,135,997,563
100$5,540,144,119$261,205,550$101,014,018$3,450,669,004