Can I retire at age 40 with 17,200,000?

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 $17,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$1,420,360$1,407,708$1,395,364$1,383,316$1,371,552$1,319,741
2 years$703,148$690,053$677,361$665,056$653,120$601,523
3 years$464,109$450,957$438,298$426,108$414,366$364,606
4 years$344,613$331,501$318,968$306,987$295,529$247,986
5 years$272,934$259,901$247,533$235,795$224,657$179,452
6 years$225,164$212,229$200,043$188,567$177,763$134,929
7 years$191,055$178,229$166,237$155,032$144,569$104,093
8 years$165,486$152,776$140,982$130,052$119,934$81,778
9 years$145,609$133,019$121,428$110,776$101,002$65,111
10 years$129,717$117,249$105,863$95,490$86,059$52,368
11 years$116,722$104,380$93,200$83,105$74,013$42,449
12 years$105,901$93,686$82,713$72,894$64,138$34,619
13 years$96,753$84,665$73,899$64,354$55,930$28,371
14 years$88,917$76,958$66,398$57,127$49,028$23,341
15 years$82,133$70,302$59,949$50,947$43,168$19,263
16 years$76,202$64,501$54,352$45,617$38,152$15,939
17 years$70,975$59,403$49,458$40,987$33,828$13,215
18 years$66,334$54,891$45,149$36,937$30,078$10,976
19 years$62,186$50,873$41,332$33,376$26,810$9,129
20 years$58,457$47,273$37,932$30,229$23,947$7,602
21 years$55,088$44,033$34,890$27,434$21,430$6,336
22 years$52,030$41,103$32,157$24,944$19,209$5,285
23 years$49,241$38,443$29,691$22,717$17,243$4,412
24 years$46,689$36,019$27,459$20,719$15,498$3,685
25 years$44,344$33,802$25,433$18,922$13,946$3,079
26 years$42,184$31,768$23,588$17,301$12,562$2,573
27 years$40,186$29,898$21,903$15,836$11,326$2,152
28 years$38,335$28,172$20,362$14,509$10,219$1,800
29 years$36,615$26,577$18,949$13,305$9,228$1,506
30 years$35,012$25,100$17,650$12,211$8,338$1,260
31 years$33,515$23,727$16,454$11,215$7,538$1,054
32 years$32,115$22,451$15,352$10,307$6,819$882
33 years$30,803$21,261$14,334$9,478$6,171$739
34 years$29,570$20,151$13,393$8,721$5,587$618
35 years$28,410$19,113$12,522$8,028$5,061$518
36 years$27,318$18,141$11,714$7,393$4,585$433
37 years$26,286$17,230$10,964$6,812$4,156$363
38 years$25,312$16,374$10,267$6,279$3,768$304
39 years$24,389$15,570$9,619$5,789$3,417$254
40 years$23,515$14,814$9,016$5,340$3,099$213
41 years$22,686$14,102$8,454$4,927$2,811$178
42 years$21,898$13,430$7,930$4,547$2,551$149
43 years$21,149$12,796$7,442$4,197$2,315$125
44 years$20,436$12,197$6,985$3,875$2,102$105
45 years$19,757$11,631$6,559$3,579$1,908$88
46 years$19,109$11,096$6,160$3,306$1,732$73
47 years$18,490$10,589$5,788$3,054$1,573$62
48 years$17,899$10,108$5,439$2,822$1,428$52
49 years$17,334$9,653$5,112$2,608$1,297$43
50 years$16,793$9,221$4,806$2,411$1,178$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $17,200,000, adding $3,134 every year, while hoping to spend $37,454 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: 59/23/18 Blend
39$17,200,000$17,200,000$17,200,000$17,200,000
40$18,957,633$18,046,033$17,779,433$19,987,097
41$20,851,460$18,890,438$18,335,193$21,528,882
42$22,937,203$19,774,963$18,908,316$23,205,115
43$25,234,397$20,701,535$19,499,344$25,032,308
44$27,764,569$21,672,174$20,108,835$27,025,048
45$30,551,441$22,688,996$20,737,367$29,199,378
46$33,621,153$23,754,222$21,385,533$31,572,938
47$37,002,509$24,870,177$22,053,947$34,165,134
48$40,727,252$26,039,303$22,743,241$36,997,309
49$44,830,359$27,264,156$23,454,067$40,092,943
50$49,350,373$28,547,418$24,187,097$43,477,869
51$54,329,770$29,891,900$24,943,023$47,180,510
52$59,815,354$31,300,550$25,722,562$51,232,142
53$65,858,702$32,776,459$26,526,449$55,667,182
54$72,516,649$34,322,865$27,355,445$60,523,507
55$79,851,829$35,943,167$28,210,334$65,842,805
56$87,933,259$37,640,926$29,091,924$71,670,960
57$96,836,996$39,419,876$30,001,048$78,058,478
58$106,646,853$41,283,933$30,938,566$85,060,958
59$117,455,188$43,237,202$31,905,364$92,739,605
60$129,363,779$45,283,987$32,902,356$101,161,801
61$142,484,784$47,428,802$33,930,484$110,401,733
62$156,941,798$49,676,378$34,990,721$120,541,084
63$172,871,019$52,031,678$36,084,068$131,669,790
64$190,422,537$54,499,905$37,211,558$143,886,884
65$209,761,748$57,086,512$38,374,257$157,301,419
66$231,070,916$59,797,221$39,573,265$172,033,483
67$254,550,893$62,638,029$40,809,713$188,215,324
68$280,423,017$65,615,225$42,084,771$205,992,586
69$308,931,197$68,735,404$43,399,644$225,525,671
70$340,344,221$72,005,480$44,755,573$246,991,236
71$374,958,286$75,432,703$46,153,840$270,583,855
72$413,099,804$79,024,678$47,595,766$296,517,830
73$455,128,473$82,789,377$49,082,713$325,029,211
74$501,440,680$86,735,159$50,616,087$356,377,996
75$552,473,239$90,870,791$52,197,335$390,850,579
76$608,707,515$95,205,466$53,827,952$428,762,431
77$670,673,971$99,748,823$55,509,477$470,461,059
78$738,957,171$104,510,970$57,243,500$516,329,271
79$814,201,303$109,502,508$59,031,658$566,788,767
80$897,116,258$114,734,553$60,875,640$622,304,099
81$988,484,330$120,218,760$62,777,188$683,387,038
82$1,089,167,605$125,967,352$64,738,097$750,601,376
83$1,200,116,097$131,993,149$66,760,220$824,568,233
84$1,322,376,717$138,309,592$68,845,465$905,971,888
85$1,457,103,157$144,930,777$70,995,803$995,566,214
86$1,605,566,781$151,871,486$73,213,264$1,094,181,773
87$1,769,168,626$159,147,222$75,499,942$1,202,733,621
88$1,949,452,631$166,774,241$77,857,995$1,322,229,920
89$2,148,120,212$174,769,592$80,289,651$1,453,781,424
90$2,367,046,323$183,151,152$82,797,204$1,598,611,934
91$2,608,297,161$191,937,671$85,383,023$1,758,069,811
92$2,874,149,665$201,148,810$88,049,548$1,933,640,676
93$3,167,113,020$210,805,191$90,799,296$2,126,961,394
94$3,489,952,339$220,928,437$93,634,865$2,339,835,487
95$3,845,714,774$231,541,227$96,558,929$2,574,250,121
96$4,237,758,277$242,667,343$99,574,249$2,832,394,823
97$4,669,783,306$254,331,727$102,683,671$3,116,682,104
98$5,145,867,759$266,560,538$105,890,130$3,429,770,189
99$5,670,505,473$279,381,207$109,196,652$3,774,588,063
100$6,248,648,649$292,822,503$112,606,357$4,154,363,069