Can I retire at age 40 with 17,400,000?

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 $17,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$1,436,876$1,424,077$1,411,590$1,399,402$1,387,500$1,377,602
2 years$711,325$698,077$685,238$672,789$660,714$650,733
3 years$469,506$456,201$443,394$431,063$419,184$409,429
4 years$348,620$335,356$322,677$310,556$298,966$289,512
5 years$276,108$262,923$250,411$238,537$227,269$218,145
6 years$227,782$214,697$202,369$190,760$179,830$171,047
7 years$193,277$180,302$168,170$156,834$146,250$137,812
8 years$167,410$154,552$142,621$131,564$121,329$113,235
9 years$147,302$134,565$122,840$112,064$102,176$94,426
10 years$131,225$118,613$107,094$96,600$87,059$79,648
11 years$118,079$105,594$94,284$84,071$74,874$67,796
12 years$107,133$94,775$83,675$73,741$64,884$58,133
13 years$97,878$85,649$74,758$65,103$56,580$50,150
14 years$89,951$77,853$67,170$57,791$49,598$43,480
15 years$83,088$71,120$60,646$51,539$43,670$37,856
16 years$77,089$65,251$54,984$46,148$38,596$33,077
17 years$71,800$60,094$50,034$41,463$34,221$28,989
18 years$67,105$55,529$45,674$37,367$30,428$25,473
19 years$62,909$51,464$41,813$33,764$27,121$22,433
20 years$59,137$47,823$38,373$30,580$24,225$19,795
21 years$55,729$44,545$35,296$27,753$21,679$17,496
22 years$52,635$41,581$32,531$25,234$19,432$15,488
23 years$49,814$38,890$30,036$22,981$17,443$13,727
24 years$47,232$36,438$27,779$20,960$15,678$12,181
25 years$44,860$34,195$25,729$19,142$14,108$10,819
26 years$42,674$32,138$23,862$17,502$12,708$9,618
27 years$40,654$30,245$22,158$16,020$11,457$8,557
28 years$38,781$28,500$20,599$14,678$10,338$7,619
29 years$37,040$26,886$19,169$13,460$9,335$6,787
30 years$35,419$25,391$17,855$12,353$8,435$6,049
31 years$33,905$24,003$16,646$11,345$7,626$5,395
32 years$32,489$22,712$15,531$10,427$6,898$4,813
33 years$31,161$21,509$14,501$9,588$6,243$4,295
34 years$29,914$20,385$13,549$8,822$5,652$3,835
35 years$28,741$19,335$12,667$8,121$5,119$3,424
36 years$27,635$18,352$11,850$7,479$4,639$3,059
37 years$26,592$17,430$11,091$6,891$4,204$2,733
38 years$25,606$16,565$10,387$6,352$3,811$2,442
39 years$24,673$15,751$9,731$5,857$3,456$2,183
40 years$23,789$14,986$9,121$5,402$3,135$1,952
41 years$22,950$14,266$8,553$4,984$2,844$1,745
42 years$22,153$13,586$8,023$4,600$2,581$1,560
43 years$21,395$12,945$7,528$4,246$2,342$1,396
44 years$20,674$12,339$7,066$3,920$2,126$1,248
45 years$19,986$11,766$6,635$3,621$1,930$1,117
46 years$19,331$11,225$6,232$3,344$1,752$999
47 years$18,705$10,712$5,855$3,090$1,591$894
48 years$18,107$10,226$5,502$2,855$1,445$800
49 years$17,536$9,765$5,171$2,639$1,312$716
50 years$16,988$9,328$4,862$2,439$1,192$640

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $17,400,000, adding $6,871 every year, while hoping to spend $42,517 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: 59/15/26 Blend
39$17,400,000$17,400,000$17,400,000$17,400,000
40$19,181,887$18,259,687$17,989,987$20,178,391
41$21,093,202$19,109,174$18,547,414$21,708,531
42$23,198,046$19,998,861$19,122,090$23,371,581
43$25,516,114$20,930,673$19,714,547$25,184,674
44$28,069,109$21,906,627$20,325,336$27,162,387
45$30,880,945$22,928,839$20,955,022$29,320,754
46$33,977,976$23,999,526$21,604,189$31,677,415
47$37,389,239$25,121,013$22,273,439$34,251,777
48$41,146,735$26,295,736$22,963,393$37,065,197
49$45,285,726$27,526,250$23,674,690$40,141,175
50$49,845,066$28,815,233$24,407,989$43,505,572
51$54,867,576$30,165,493$25,163,970$47,186,854
52$60,400,439$31,579,972$25,943,333$51,216,350
53$66,495,649$33,061,756$26,746,800$55,628,545
54$73,210,504$34,614,080$27,575,116$60,461,402
55$80,608,140$36,240,336$28,429,047$65,756,711
56$88,758,136$37,944,078$29,309,386$71,560,483
57$97,737,163$39,729,034$30,216,947$77,923,373
58$107,629,709$41,599,113$31,152,571$84,901,156
59$118,528,882$43,558,411$32,117,124$92,555,244
60$130,537,279$45,611,225$33,111,499$100,953,262
61$143,767,964$47,762,057$34,136,617$110,169,678
62$158,345,529$50,015,631$35,193,426$120,286,496
63$174,407,273$52,376,897$36,282,906$131,394,028
64$192,104,495$54,851,045$37,406,064$143,591,734
65$211,603,926$57,443,519$38,563,939$156,989,155
66$233,089,299$60,160,024$39,757,604$171,706,935
67$256,763,087$63,006,544$40,988,162$187,877,957
68$282,848,408$65,989,351$42,256,753$205,648,583
69$311,591,141$69,115,024$43,564,549$225,180,026
70$343,262,236$72,390,459$44,912,760$246,649,865
71$378,160,280$75,822,888$46,302,634$270,253,708
72$416,614,312$79,419,893$47,735,455$296,207,028
73$458,986,928$83,189,423$49,212,549$324,747,185
74$505,677,706$87,139,817$50,735,281$356,135,656
75$557,126,978$91,279,814$52,305,059$390,660,490
76$613,819,986$95,618,580$53,923,334$428,639,013
77$676,291,461$100,165,727$55,591,602$470,420,812
78$745,130,674$104,931,332$57,311,405$516,391,020
79$820,986,998$109,925,962$59,084,332$566,973,935
80$904,576,036$115,160,699$60,912,022$622,637,013
81$996,686,379$120,647,161$62,796,162$683,895,263
82$1,098,187,051$126,397,533$64,738,495$751,316,090
83$1,210,035,709$132,424,591$66,740,813$825,524,639
84$1,333,287,688$138,741,732$68,804,967$907,209,671
85$1,469,105,961$145,363,006$70,932,862$997,130,052
86$1,618,772,120$152,303,145$73,126,464$1,096,121,894
87$1,783,698,475$159,577,597$75,387,799$1,205,106,428
88$1,965,441,382$167,202,562$77,718,953$1,325,098,677
89$2,165,715,945$175,195,029$80,122,080$1,457,217,018
90$2,386,412,198$183,572,813$82,599,397$1,602,693,713
91$2,629,612,956$192,354,595$85,153,190$1,762,886,522
92$2,897,613,473$201,559,965$87,785,818$1,939,291,489
93$3,192,943,113$211,209,469$90,499,708$2,133,557,041
94$3,518,389,227$221,324,649$93,297,364$2,347,499,522
95$3,877,023,471$231,928,100$96,181,369$2,583,120,311
96$4,272,230,802$243,043,514$99,154,382$2,842,624,683
97$4,707,741,436$254,695,738$102,219,146$3,128,442,595
98$5,187,666,062$266,910,829$105,378,486$3,443,251,596
99$5,716,534,651$279,716,111$108,635,317$3,790,002,066
100$6,299,339,227$293,140,241$111,992,642$4,171,945,035