Can I retire at age 40 with 17,100,000?

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 $17,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$1,412,102$1,399,524$1,387,252$1,375,274$1,363,578$1,350,462
2 years$699,060$686,041$673,423$661,189$649,323$636,110
3 years$461,411$448,335$435,749$423,630$411,957$399,057
4 years$342,609$329,574$317,114$305,202$293,811$281,324
5 years$271,347$258,390$246,093$234,424$223,351$211,313
6 years$223,855$210,995$198,880$187,471$176,730$165,156
7 years$189,945$177,193$165,270$154,130$143,729$132,624
8 years$164,524$151,887$140,162$129,296$119,237$108,601
9 years$144,762$132,245$120,722$110,132$100,415$90,244
10 years$128,962$116,568$105,248$94,934$85,558$75,846
11 years$116,044$103,773$92,659$82,621$73,583$64,322
12 years$105,286$93,141$82,232$72,470$63,765$54,946
13 years$96,190$84,173$73,469$63,980$55,605$47,218
14 years$88,400$76,511$66,012$56,794$48,743$40,776
15 years$81,655$69,894$59,600$50,651$42,917$35,359
16 years$75,759$64,126$54,036$45,352$37,930$30,769
17 years$70,563$59,058$49,171$40,749$33,631$26,854
18 years$65,948$54,572$44,887$36,723$29,904$23,497
19 years$61,824$50,577$41,092$33,182$26,654$20,604
20 years$58,117$46,998$37,712$30,053$23,808$18,101
21 years$54,768$43,777$34,688$27,275$21,305$15,929
22 years$51,727$40,864$31,970$24,799$19,097$14,037
23 years$48,955$38,220$29,519$22,585$17,143$12,385
24 years$46,417$35,809$27,300$20,599$15,408$10,939
25 years$44,086$33,605$25,285$18,812$13,865$9,671
26 years$41,938$31,584$23,451$17,201$12,489$8,557
27 years$39,953$29,724$21,776$15,744$11,260$7,577
28 years$38,112$28,009$20,244$14,425$10,160$6,714
29 years$36,402$26,423$18,838$13,228$9,174$5,952
30 years$34,808$24,954$17,547$12,140$8,290$5,279
31 years$33,320$23,589$16,359$11,150$7,495$4,685
32 years$31,928$22,320$15,263$10,247$6,779$4,159
33 years$30,624$21,138$14,251$9,423$6,135$3,693
34 years$29,398$20,034$13,315$8,670$5,555$3,281
35 years$28,245$19,002$12,449$7,981$5,031$2,915
36 years$27,159$18,035$11,646$7,350$4,559$2,591
37 years$26,133$17,130$10,900$6,772$4,132$2,303
38 years$25,164$16,279$10,208$6,242$3,746$2,048
39 years$24,247$15,480$9,563$5,756$3,397$1,821
40 years$23,378$14,728$8,964$5,309$3,081$1,620
41 years$22,554$14,020$8,405$4,898$2,795$1,441
42 years$21,771$13,352$7,884$4,520$2,536$1,282
43 years$21,026$12,722$7,398$4,173$2,302$1,140
44 years$20,317$12,126$6,945$3,853$2,089$1,015
45 years$19,642$11,564$6,521$3,558$1,897$903
46 years$18,998$11,031$6,125$3,287$1,722$804
47 years$18,383$10,527$5,754$3,037$1,564$715
48 years$17,795$10,049$5,407$2,806$1,420$637
49 years$17,233$9,597$5,082$2,593$1,290$567
50 years$16,696$9,167$4,778$2,397$1,172$504

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $17,100,000, adding $6,006 every year, while hoping to spend $27,936 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: 72/8/20 Blend
39$17,100,000$17,100,000$17,100,000$17,100,000
40$18,850,395$17,944,095$17,679,045$20,116,264
41$20,743,412$18,793,632$18,241,570$21,808,845
42$22,828,580$19,683,860$18,822,002$23,658,063
43$25,125,469$20,616,744$19,420,913$25,682,671
44$27,655,645$21,594,342$20,038,892$27,900,073
45$30,442,871$22,618,815$20,676,545$30,329,433
46$33,513,335$23,692,428$21,334,500$32,991,848
47$36,895,892$24,817,554$22,013,403$35,910,546
48$40,622,342$25,996,683$22,713,921$39,111,105
49$44,727,727$27,232,427$23,436,744$42,621,690
50$49,250,661$28,527,521$24,182,581$46,473,317
51$54,233,697$29,884,838$24,952,165$50,700,140
52$59,723,726$31,307,387$25,746,254$55,339,774
53$65,772,420$32,798,323$26,565,628$60,433,645
54$72,436,723$34,360,957$27,411,093$66,027,377
55$79,779,384$35,998,759$28,283,480$72,171,223
56$87,869,550$37,715,368$29,183,646$78,920,528
57$96,783,423$39,514,600$30,112,476$86,336,257
58$106,604,973$41,400,456$31,070,885$94,485,561
59$117,426,735$43,377,132$32,059,814$103,442,407
60$129,350,680$45,449,030$33,080,236$113,288,275
61$142,489,179$47,620,763$34,133,154$124,112,918
62$156,966,065$49,897,169$35,219,604$136,015,209
63$172,917,797$52,283,324$36,340,654$149,104,070
64$190,494,753$54,784,548$37,497,407$163,499,489
65$209,862,648$57,406,421$38,691,001$179,333,656
66$231,204,098$60,154,795$39,922,608$196,752,198
67$254,720,342$63,035,806$41,193,442$215,915,554
68$280,633,146$66,055,890$42,504,752$237,000,478
69$309,186,893$69,221,795$43,857,827$260,201,709
70$340,650,891$72,540,597$45,253,999$285,733,793
71$375,321,915$76,019,720$46,694,641$313,833,113
72$413,527,010$79,666,945$48,181,171$344,760,104
73$455,626,575$83,490,436$49,715,050$378,801,709
74$502,017,770$87,498,752$51,297,789$416,274,081
75$553,138,262$91,700,870$52,930,944$457,525,558
76$609,470,356$96,106,204$54,616,122$502,939,942
77$671,545,551$100,724,627$56,354,981$552,940,118
78$739,949,557$105,566,493$58,149,232$607,992,034
79$815,327,821$110,642,660$60,000,641$668,609,090
80$898,391,626$115,964,518$61,911,030$735,356,979
81$989,924,801$121,544,008$63,882,278$808,859,013
82$1,090,791,122$127,393,656$65,916,325$889,801,999
83$1,201,942,468$133,526,597$68,015,174$978,942,712
84$1,324,427,808$139,956,608$70,180,890$1,077,115,030
85$1,459,403,099$146,698,136$72,415,605$1,185,237,788
86$1,608,142,205$153,766,335$74,721,518$1,304,323,447
87$1,772,048,919$161,177,095$77,100,898$1,435,487,637
88$1,952,670,219$168,947,082$79,556,088$1,579,959,675
89$2,151,710,869$177,093,777$82,089,505$1,739,094,154
90$2,371,049,517$185,635,511$84,703,642$1,914,383,724
91$2,612,756,427$194,591,511$87,401,073$2,107,473,161
92$2,879,113,027$203,981,940$90,184,454$2,320,174,882
93$3,172,633,447$213,827,946$93,056,525$2,554,486,041
94$3,496,088,253$224,151,710$96,020,113$2,812,607,361
95$3,852,530,604$234,976,493$99,078,136$3,096,963,897
96$4,245,325,078$246,326,693$102,233,606$3,410,227,909
97$4,678,179,433$258,227,899$105,489,629$3,755,344,071
98$5,155,179,615$270,706,945$108,849,411$4,135,557,251
99$5,680,828,331$283,791,981$112,316,262$4,554,443,123
100$6,260,087,559$297,512,525$115,893,594$5,015,941,903