Can I retire at age 40 with 16,100,000?

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 $16,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$1,329,523$1,317,680$1,306,126$1,294,849$1,283,837$1,248,246
2 years$658,180$645,922$634,042$622,523$611,351$575,759
3 years$434,428$422,117$410,267$398,857$387,866$353,388
4 years$322,574$310,301$298,569$287,354$276,629$243,530
5 years$255,479$243,280$231,702$220,715$210,289$178,659
6 years$210,764$198,656$187,250$176,508$166,395$136,264
7 years$178,837$166,831$155,605$145,117$135,323$106,692
8 years$154,902$143,005$131,966$121,735$112,264$85,117
9 years$136,297$124,512$113,662$103,691$94,542$68,855
10 years$121,421$109,751$99,093$89,383$80,555$56,292
11 years$109,257$97,705$87,240$77,790$69,280$46,404
12 years$99,129$87,694$77,423$68,232$60,036$38,504
13 years$90,565$79,250$69,173$60,239$52,353$32,117
14 years$83,231$72,036$62,152$53,473$45,892$26,905
15 years$76,880$65,806$56,115$47,689$40,407$22,618
16 years$71,329$60,376$50,876$42,700$35,712$19,069
17 years$66,436$55,604$46,295$38,366$31,665$16,115
18 years$62,092$51,381$42,262$34,575$28,155$13,646
19 years$58,209$47,619$38,689$31,242$25,095$11,575
20 years$54,719$44,250$35,506$28,295$22,415$9,832
21 years$51,565$41,217$32,659$25,680$20,059$8,362
22 years$48,702$38,475$30,100$23,349$17,980$7,118
23 years$46,092$35,985$27,792$21,264$16,140$6,065
24 years$43,703$33,715$25,703$19,394$14,507$5,171
25 years$41,508$31,640$23,806$17,712$13,054$4,411
26 years$39,486$29,737$22,079$16,195$11,759$3,766
27 years$37,616$27,986$20,502$14,824$10,601$3,216
28 years$35,883$26,371$19,060$13,582$9,566$2,747
29 years$34,273$24,878$17,737$12,455$8,638$2,347
30 years$32,773$23,494$16,521$11,430$7,805$2,007
31 years$31,372$22,210$15,402$10,498$7,056$1,716
32 years$30,061$21,015$14,370$9,648$6,383$1,467
33 years$28,833$19,902$13,418$8,872$5,777$1,255
34 years$27,679$18,862$12,537$8,163$5,230$1,073
35 years$26,593$17,891$11,721$7,514$4,737$918
36 years$25,571$16,981$10,965$6,921$4,292$786
37 years$24,605$16,128$10,263$6,376$3,890$672
38 years$23,693$15,327$9,611$5,877$3,527$575
39 years$22,829$14,575$9,004$5,419$3,198$492
40 years$22,011$13,867$8,440$4,998$2,901$421
41 years$21,235$13,200$7,914$4,612$2,632$361
42 years$20,498$12,571$7,423$4,256$2,388$309
43 years$19,797$11,978$6,966$3,929$2,167$264
44 years$19,129$11,417$6,539$3,628$1,967$226
45 years$18,493$10,887$6,139$3,350$1,786$194
46 years$17,887$10,386$5,766$3,095$1,621$166
47 years$17,308$9,911$5,417$2,859$1,472$142
48 years$16,754$9,462$5,091$2,642$1,337$122
49 years$16,225$9,035$4,785$2,442$1,214$104
50 years$15,719$8,631$4,499$2,257$1,103$89

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $16,100,000, adding $4,568 every year, while hoping to spend $30,159 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: 29/50/21 Blend
39$16,100,000$16,100,000$16,100,000$16,100,000
40$17,746,912$16,893,612$16,644,062$18,144,314
41$19,525,008$17,689,310$17,169,549$19,246,199
42$21,483,459$18,522,986$17,711,629$20,427,057
43$23,640,629$19,396,470$18,270,826$21,696,016
44$26,016,756$20,311,679$18,847,681$23,060,670
45$28,634,138$21,270,625$19,442,751$24,529,318
46$31,517,348$22,275,414$20,056,612$26,111,045
47$34,693,466$23,328,257$20,689,856$27,815,794
48$38,192,330$24,431,472$21,343,097$29,654,448
49$42,046,822$25,587,489$22,016,966$31,638,927
50$46,293,177$26,798,855$22,712,113$33,782,289
51$50,971,324$28,068,242$23,429,212$36,098,842
52$56,125,264$29,398,451$24,168,955$38,604,267
53$61,803,484$30,792,417$24,932,058$41,315,755
54$68,059,416$32,253,222$25,719,258$44,252,157
55$74,951,940$33,784,094$26,531,317$47,434,150
56$82,545,941$35,388,418$27,369,019$50,884,415
57$90,912,920$37,069,744$28,233,175$54,627,840
58$100,131,671$38,831,794$29,124,620$58,691,740
59$110,289,023$40,678,473$30,044,216$63,106,099
60$121,480,657$42,613,873$30,992,851$67,903,833
61$133,812,016$44,642,285$31,971,444$73,121,091
62$147,399,295$46,768,209$32,980,940$78,797,572
63$162,370,537$48,996,365$34,022,315$84,976,883
64$178,866,846$51,331,701$35,096,577$91,706,932
65$197,043,715$53,779,406$36,204,764$99,040,358
66$217,072,498$56,344,921$37,347,947$107,035,010
67$239,142,021$59,033,950$38,527,232$115,754,464
68$263,460,372$61,852,479$39,743,759$125,268,608
69$290,256,860$64,806,780$40,998,704$135,654,270
70$319,784,180$67,903,433$42,293,281$146,995,922
71$352,320,802$71,149,337$43,628,742$159,386,446
72$388,173,597$74,551,727$45,006,378$172,927,988
73$427,680,733$78,118,191$46,427,521$187,732,888
74$471,214,870$81,856,685$47,893,545$203,924,713
75$519,186,677$85,775,552$49,405,869$221,639,387
76$572,048,706$89,883,542$50,965,953$241,026,445
77$630,299,669$94,189,831$52,575,308$262,250,406
78$694,489,143$98,704,040$54,235,489$285,492,287
79$765,222,759$103,436,262$55,948,101$310,951,278
80$843,167,919$108,397,077$57,714,801$338,846,576
81$929,060,098$113,597,585$59,537,298$369,419,417
82$1,023,709,784$119,049,422$61,417,353$402,935,304
83$1,128,010,132$124,764,795$63,356,785$439,686,467
84$1,242,945,398$130,756,502$65,357,470$479,994,576
85$1,369,600,225$137,037,967$67,421,341$524,213,721
86$1,509,169,888$143,623,268$69,550,396$572,733,705
87$1,662,971,576$150,527,167$71,746,693$625,983,666
88$1,832,456,826$157,765,147$74,012,357$684,436,068
89$2,019,225,229$165,353,446$76,349,578$748,611,102
90$2,225,039,530$173,309,093$78,760,616$819,081,526
91$2,451,842,269$181,649,946$81,247,805$896,478,013
92$2,701,774,123$190,394,735$83,813,548$981,495,024
93$2,977,194,109$199,563,103$86,460,328$1,074,897,296
94$3,280,701,864$209,175,651$89,190,704$1,177,526,983
95$3,615,162,179$219,253,983$92,007,318$1,290,311,519
96$3,983,732,051$229,820,757$94,912,893$1,414,272,293
97$4,389,890,485$240,899,739$97,910,240$1,550,534,201
98$4,837,471,339$252,515,851$101,002,257$1,700,336,167
99$5,330,699,519$264,695,231$104,191,936$1,865,042,747
100$5,874,230,865$277,465,292$107,482,361$2,046,156,903