Can I retire at age 40 with 15,900,000?

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 $15,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$1,313,007$1,301,312$1,289,901$1,278,763$1,267,888$1,228,286
2 years$650,004$637,898$626,165$614,790$603,756$564,210
3 years$429,031$416,873$405,171$393,902$383,048$344,799
4 years$318,567$306,446$294,860$283,784$273,193$236,534
5 years$252,305$240,257$228,824$217,973$207,677$172,706
6 years$208,146$196,188$184,924$174,315$164,328$131,076
7 years$176,615$164,759$153,672$143,314$133,642$102,107
8 years$152,978$141,229$130,326$120,223$110,869$81,029
9 years$134,604$122,965$112,250$102,403$93,368$65,190
10 years$119,912$108,387$97,862$88,272$79,554$52,996
11 years$107,900$96,491$86,156$76,823$68,419$43,435
12 years$97,897$86,605$76,461$67,384$59,291$35,826
13 years$89,440$78,266$68,313$59,490$51,703$29,703
14 years$82,197$71,141$61,380$52,809$45,322$24,728
15 years$75,925$64,989$55,418$47,096$39,905$20,656
16 years$70,443$59,626$50,244$42,170$35,268$17,302
17 years$65,611$54,913$45,720$37,889$31,271$14,527
18 years$61,320$50,742$41,737$34,146$27,805$12,219
19 years$57,486$47,028$38,208$30,854$24,783$10,295
20 years$54,039$43,700$35,065$27,944$22,137$8,685
21 years$50,925$40,705$32,253$25,361$19,810$7,335
22 years$48,097$37,997$29,726$23,059$17,757$6,200
23 years$45,519$35,538$27,447$21,000$15,940$5,245
24 years$43,160$33,296$25,384$19,153$14,327$4,440
25 years$40,993$31,247$23,511$17,492$12,892$3,761
26 years$38,995$29,367$21,805$15,994$11,613$3,187
27 years$37,149$27,638$20,248$14,639$10,470$2,702
28 years$35,438$26,043$18,823$13,413$9,447$2,291
29 years$33,847$24,569$17,516$12,300$8,530$1,944
30 years$32,366$23,203$16,316$11,288$7,708$1,649
31 years$30,982$21,934$15,211$10,367$6,969$1,400
32 years$29,688$20,754$14,192$9,528$6,304$1,188
33 years$28,475$19,654$13,251$8,762$5,705$1,008
34 years$27,335$18,628$12,381$8,061$5,165$856
35 years$26,263$17,668$11,575$7,421$4,678$727
36 years$25,253$16,770$10,829$6,835$4,239$617
37 years$24,300$15,927$10,135$6,297$3,842$524
38 years$23,399$15,137$9,491$5,804$3,483$445
39 years$22,546$14,394$8,892$5,352$3,158$378
40 years$21,738$13,694$8,335$4,936$2,865$321
41 years$20,971$13,036$7,815$4,554$2,599$273
42 years$20,243$12,415$7,331$4,203$2,358$232
43 years$19,551$11,829$6,879$3,880$2,140$197
44 years$18,891$11,275$6,457$3,582$1,943$167
45 years$18,263$10,752$6,063$3,309$1,764$142
46 years$17,664$10,257$5,695$3,056$1,601$121
47 years$17,093$9,788$5,350$2,823$1,454$103
48 years$16,546$9,344$5,028$2,609$1,320$87
49 years$16,024$8,923$4,726$2,411$1,199$74
50 years$15,524$8,524$4,443$2,229$1,089$63

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $15,900,000, adding $6,211 every year, while hoping to spend $54,779 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: 25/45/30 Blend
39$15,900,000$15,900,000$15,900,000$15,900,000
40$17,528,207$16,685,507$16,439,057$17,801,975
41$19,257,799$17,444,812$16,931,481$18,793,310
42$21,161,974$18,239,487$17,438,565$19,850,364
43$23,258,482$19,071,208$17,960,743$20,982,576
44$25,566,879$19,941,730$18,498,460$22,196,301
45$28,108,718$20,852,892$19,052,176$23,498,487
46$30,907,746$21,806,622$19,622,362$24,896,734
47$33,990,132$22,804,942$20,209,507$26,399,355
48$37,384,709$23,849,968$20,814,109$28,015,450
49$41,123,251$24,943,919$21,436,684$29,754,979
50$45,240,772$26,089,120$22,077,762$31,628,850
51$49,775,853$27,288,009$22,737,889$33,649,013
52$54,771,009$28,543,141$23,417,628$35,828,560
53$60,273,089$29,857,191$24,117,555$38,181,842
54$66,333,716$31,232,966$24,838,265$40,724,589
55$73,009,781$32,673,406$25,580,372$43,474,053
56$80,363,969$34,181,594$26,344,505$46,449,155
57$88,465,361$35,760,759$27,131,314$49,670,651
58$97,390,080$37,414,288$27,941,464$53,161,321
59$107,222,009$39,145,730$28,775,645$56,946,161
60$118,053,586$40,958,803$29,634,561$61,052,614
61$129,986,675$42,857,407$30,518,942$65,510,809
62$143,133,525$44,845,629$31,429,536$70,353,832
63$157,617,832$46,927,753$32,367,113$75,618,024
64$173,575,907$49,108,268$33,332,467$81,343,303
65$191,157,958$51,391,882$34,326,413$87,573,526
66$210,529,513$53,783,528$35,349,791$94,356,888
67$231,872,981$56,288,378$36,403,467$101,746,349
68$255,389,370$58,911,854$37,488,328$109,800,124
69$281,300,189$61,659,638$38,605,291$118,582,205
70$309,849,537$64,537,689$39,755,296$128,162,945
71$341,306,405$67,552,251$40,939,314$138,619,701
72$375,967,219$70,709,871$42,158,341$150,037,538
73$414,158,633$74,017,413$43,413,404$162,510,006
74$456,240,619$77,482,071$44,705,558$176,140,003
75$502,609,858$81,111,389$46,035,890$191,040,711
76$553,703,489$84,913,273$47,405,518$207,336,643
77$610,003,235$88,896,013$48,815,593$225,164,782
78$672,039,947$93,068,300$50,267,297$244,675,848
79$740,398,620$97,439,245$51,761,850$266,035,687
80$815,723,912$102,018,401$53,300,505$289,426,798
81$898,726,229$106,815,780$54,884,550$315,050,028
82$990,188,435$111,841,884$56,515,313$343,126,421
83$1,090,973,238$117,107,719$58,194,158$373,899,275
84$1,202,031,336$122,624,825$59,922,491$407,636,390
85$1,324,410,394$128,405,303$61,701,756$444,632,557
86$1,459,264,929$134,461,838$63,533,439$485,212,296
87$1,607,867,215$140,807,730$65,419,072$529,732,872
88$1,771,619,286$147,456,925$67,360,227$578,587,615
89$1,952,066,183$154,424,044$69,358,523$632,209,590
90$2,150,910,527$161,724,415$71,415,627$691,075,621
91$2,370,028,602$169,374,113$73,533,253$755,710,743
92$2,611,488,065$177,389,990$75,713,162$826,693,100
93$2,877,567,464$185,789,716$77,957,170$904,659,334
94$3,170,777,752$194,591,819$80,267,141$990,310,538
95$3,493,885,989$203,815,724$82,644,997$1,084,418,803
96$3,849,941,467$213,481,802$85,092,711$1,187,834,437
97$4,242,304,495$223,611,409$87,612,316$1,301,493,918
98$4,674,678,126$234,226,940$90,205,901$1,426,428,657
99$5,151,143,112$245,351,878$92,875,616$1,563,774,652
100$5,676,196,433$257,010,843$95,623,672$1,714,783,130