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

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 $17,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$1,403,844$1,391,339$1,379,139$1,367,231$1,355,604$1,349,892
2 years$694,972$682,029$669,485$657,323$645,526$639,759
3 years$458,713$445,714$433,201$421,153$409,548$403,905
4 years$340,606$327,647$315,260$303,417$292,093$286,618
5 years$269,760$256,879$244,654$233,053$222,044$216,753
6 years$222,546$209,761$197,717$186,375$175,696$170,595
7 years$188,834$176,157$164,304$153,229$142,888$137,980
8 years$163,562$150,999$139,343$128,540$118,539$113,824
9 years$143,916$131,472$120,016$109,487$99,827$95,305
10 years$128,208$115,886$104,632$94,379$85,058$80,725
11 years$115,365$103,166$92,117$82,138$73,153$69,008
12 years$104,670$92,597$81,751$72,046$63,393$59,432
13 years$95,628$83,680$73,039$63,606$55,280$51,500
14 years$87,883$76,063$65,626$56,462$48,458$44,854
15 years$81,178$69,485$59,252$50,355$42,666$39,235
16 years$75,316$63,751$53,720$45,087$37,708$34,445
17 years$70,150$58,712$48,883$40,510$33,435$30,334
18 years$65,562$54,253$44,624$36,508$29,729$26,786
19 years$61,463$50,281$40,851$32,988$26,498$23,707
20 years$57,778$46,724$37,491$29,877$23,668$21,025
21 years$54,448$43,521$34,485$27,115$21,180$18,680
22 years$51,425$40,625$31,783$24,654$18,985$16,621
23 years$48,669$37,996$29,346$22,453$17,042$14,810
24 years$46,146$35,600$27,140$20,478$15,318$13,212
25 years$43,829$33,409$25,137$18,702$13,784$11,798
26 years$41,693$31,399$23,313$17,100$12,416$10,546
27 years$39,719$29,550$21,649$15,652$11,194$9,435
28 years$37,889$27,845$20,125$14,341$10,101$8,446
29 years$36,189$26,268$18,728$13,151$9,121$7,567
30 years$34,605$24,808$17,445$12,069$8,241$6,783
31 years$33,126$23,452$16,263$11,085$7,451$6,083
32 years$31,742$22,190$15,174$10,187$6,740$5,458
33 years$30,445$21,014$14,168$9,368$6,099$4,899
34 years$29,226$19,917$13,238$8,619$5,522$4,399
35 years$28,080$18,891$12,376$7,934$5,002$3,952
36 years$27,000$17,930$11,578$7,307$4,532$3,551
37 years$25,981$17,029$10,836$6,733$4,107$3,191
38 years$25,017$16,184$10,148$6,206$3,724$2,869
39 years$24,106$15,389$9,507$5,722$3,377$2,580
40 years$23,242$14,642$8,911$5,278$3,063$2,320
41 years$22,422$13,938$8,356$4,869$2,779$2,087
42 years$21,643$13,274$7,838$4,494$2,521$1,878
43 years$20,903$12,647$7,355$4,148$2,288$1,689
44 years$20,198$12,055$6,904$3,830$2,077$1,520
45 years$19,527$11,496$6,483$3,537$1,886$1,368
46 years$18,886$10,967$6,089$3,268$1,712$1,231
47 years$18,275$10,465$5,720$3,019$1,555$1,109
48 years$17,691$9,991$5,375$2,790$1,412$998
49 years$17,132$9,541$5,053$2,578$1,282$898
50 years$16,598$9,114$4,750$2,383$1,165$809

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $17,000,000, adding $2,234 every year, while hoping to spend $46,565 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: 64/21/15 Blend
39$17,000,000$17,000,000$17,000,000$17,000,000
40$18,736,304$17,835,304$17,571,804$19,867,163
41$20,597,863$18,659,689$18,110,915$21,449,441
42$22,647,739$19,522,909$18,666,525$23,171,596
43$24,905,093$20,426,816$19,239,139$25,051,684
44$27,391,037$21,373,354$19,829,274$27,105,102
45$30,128,834$22,364,560$20,437,466$29,348,792
46$33,144,120$23,402,568$21,064,266$31,801,387
47$36,465,142$24,489,616$21,710,241$34,483,393
48$40,123,029$25,628,049$22,375,976$37,417,370
49$44,152,081$26,820,327$23,062,074$40,628,145
50$48,590,096$28,069,026$23,769,157$44,143,041
51$53,478,726$29,376,848$24,497,863$47,992,128
52$58,863,868$30,746,625$25,248,854$52,208,503
53$64,796,099$32,181,327$26,022,807$56,828,596
54$71,331,153$33,684,064$26,820,423$61,892,510
55$78,530,447$35,258,100$27,642,424$67,444,391
56$86,461,660$36,906,854$28,489,552$73,532,842
57$95,199,372$38,633,912$29,362,574$80,211,369
58$104,825,766$40,443,032$30,262,280$87,538,887
59$115,431,409$42,338,156$31,189,481$95,580,264
60$127,116,100$44,323,412$32,145,015$104,406,927
61$139,989,816$46,403,134$33,129,747$114,097,528
62$154,173,750$48,581,859$34,144,566$124,738,680
63$169,801,451$50,864,349$35,190,387$136,425,764
64$187,020,089$53,255,593$36,268,156$149,263,823
65$205,991,844$55,760,823$37,378,845$163,368,541
66$226,895,433$58,385,524$38,523,457$178,867,327
67$249,927,799$61,135,446$39,703,025$195,900,511
68$275,305,971$64,016,619$40,918,613$214,622,650
69$303,269,111$67,035,365$42,171,317$235,203,983
70$334,080,772$70,198,309$43,462,268$257,832,026
71$368,031,386$73,512,402$44,792,629$282,713,325
72$405,441,006$76,984,927$46,163,600$310,075,398
73$446,662,325$80,623,525$47,576,417$340,168,867
74$492,084,008$84,436,204$49,032,353$373,269,813
75$542,134,359$88,431,360$50,532,720$409,682,362
76$597,285,367$92,617,800$52,078,869$449,741,548
77$658,057,156$97,004,754$53,672,193$493,816,456
78$725,022,902$101,601,903$55,314,127$542,313,688
79$798,814,237$106,419,395$57,006,149$595,681,188
80$880,127,216$111,467,873$58,749,783$654,412,450
81$969,728,888$116,758,495$60,546,596$719,051,161
82$1,068,464,535$122,302,961$62,398,207$790,196,310
83$1,177,265,651$128,113,540$64,306,281$868,507,821
84$1,297,158,740$134,203,096$66,272,534$954,712,769
85$1,429,275,002$140,585,118$68,298,734$1,049,612,210
86$1,574,861,014$147,273,750$70,386,703$1,154,088,731
87$1,735,290,498$154,283,824$72,538,318$1,269,114,749
88$1,912,077,289$161,630,892$74,755,513$1,395,761,667
89$2,106,889,629$169,331,262$77,040,278$1,535,209,965
90$2,321,565,912$177,402,034$79,394,668$1,688,760,310
91$2,558,132,042$185,861,141$81,820,797$1,857,845,813
92$2,818,820,559$194,727,386$84,320,842$2,044,045,518
93$3,106,091,715$204,020,487$86,897,049$2,249,099,284
94$3,422,656,700$213,761,121$89,551,731$2,474,924,174
95$3,771,503,237$223,970,970$92,287,268$2,723,632,515
96$4,155,923,792$234,672,771$95,106,115$2,997,551,806
97$4,579,546,650$245,890,369$98,010,802$3,299,246,652
98$5,046,370,177$257,648,766$101,003,933$3,631,542,931
99$5,560,800,561$269,974,182$104,088,191$3,997,554,432
100$6,127,693,415$282,894,113$107,266,341$4,400,712,208