Can I retire at age 40 with 17,500,000?

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 $17,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,362,846
2 years$715,413$702,089$689,176$676,656$664,512$631,825
3 years$472,204$458,823$445,942$433,540$421,594$389,869
4 years$350,624$337,283$324,532$312,341$300,684$270,167
5 years$277,695$264,434$251,850$239,908$228,575$199,350
6 years$229,091$215,930$203,532$191,856$180,864$152,961
7 years$194,388$181,338$169,136$157,736$147,091$120,514
8 years$168,372$155,440$143,441$132,321$122,026$96,765
9 years$148,149$135,339$123,546$112,708$102,763$78,799
10 years$131,979$119,294$107,710$97,155$87,560$64,865
11 years$118,758$106,201$94,826$84,554$75,304$53,848
12 years$107,749$95,320$84,156$74,165$65,257$45,004
13 years$98,440$86,142$75,188$65,477$56,905$37,818
14 years$90,468$78,300$67,556$58,123$49,883$31,920
15 years$83,566$71,529$60,994$51,836$43,921$27,042
16 years$77,532$65,626$55,300$46,413$38,817$22,978
17 years$72,213$60,439$50,321$41,702$34,418$19,575
18 years$67,491$55,849$45,937$37,582$30,603$16,711
19 years$63,271$51,760$42,053$33,958$27,277$14,292
20 years$59,477$48,098$38,594$30,756$24,364$12,242
21 years$56,049$44,801$35,499$27,913$21,803$10,499
22 years$52,937$41,820$32,718$25,379$19,544$9,014
23 years$50,100$39,114$30,209$23,113$17,544$7,747
24 years$47,503$36,647$27,938$21,081$15,769$6,663
25 years$45,118$34,391$25,877$19,252$14,189$5,735
26 years$42,919$32,322$23,999$17,603$12,781$4,938
27 years$40,887$30,419$22,285$16,113$11,523$4,255
28 years$39,004$28,664$20,717$14,763$10,398$3,668
29 years$37,253$27,041$19,279$13,538$9,389$3,163
30 years$35,622$25,537$17,958$12,424$8,483$2,728
31 years$34,100$24,141$16,741$11,411$7,670$2,354
32 years$32,675$22,843$15,620$10,487$6,938$2,031
33 years$31,340$21,632$14,585$9,643$6,279$1,753
34 years$30,086$20,502$13,627$8,873$5,685$1,514
35 years$28,906$19,446$12,740$8,168$5,149$1,307
36 years$27,794$18,457$11,918$7,522$4,665$1,129
37 years$26,745$17,530$11,155$6,931$4,228$975
38 years$25,753$16,660$10,446$6,388$3,833$842
39 years$24,815$15,842$9,787$5,890$3,476$727
40 years$23,925$15,072$9,173$5,433$3,153$628
41 years$23,082$14,347$8,602$5,013$2,860$543
42 years$22,280$13,664$8,069$4,626$2,596$469
43 years$21,518$13,019$7,571$4,270$2,356$405
44 years$20,792$12,410$7,107$3,943$2,138$350
45 years$20,101$11,834$6,673$3,641$1,941$303
46 years$19,442$11,289$6,268$3,364$1,762$262
47 years$18,813$10,773$5,888$3,108$1,600$226
48 years$18,211$10,285$5,534$2,872$1,453$195
49 years$17,636$9,821$5,201$2,654$1,320$169
50 years$17,086$9,382$4,890$2,453$1,199$146

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $17,500,000, adding $5,274 every year, while hoping to spend $47,578 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: 64/13/23 Blend
39$17,500,000$17,500,000$17,500,000$17,500,000
40$19,290,440$18,362,940$18,091,690$20,409,369
41$21,207,442$19,212,102$18,647,139$22,013,675
42$23,318,384$20,101,277$19,219,601$23,759,940
43$25,642,997$21,032,378$19,809,596$25,666,793
44$28,203,024$22,007,406$20,417,658$27,749,967
45$31,022,424$23,028,460$21,044,341$30,026,779
46$34,127,597$24,097,740$21,690,212$32,516,284
47$37,547,636$25,217,553$22,355,858$35,239,453
48$41,314,598$26,390,316$23,041,883$38,219,369
49$45,463,809$27,618,564$23,748,908$41,481,441
50$50,034,196$28,904,952$24,477,574$45,053,638
51$55,068,654$30,252,264$25,228,543$48,966,750
52$60,614,452$31,663,421$26,002,495$53,254,675
53$66,723,679$33,141,481$26,800,131$57,954,734
54$73,453,733$34,689,653$27,622,175$63,108,018
55$80,867,867$36,311,299$28,469,371$68,759,774
56$89,035,780$38,009,944$29,342,485$74,959,823
57$98,034,282$39,789,283$30,242,311$81,763,029
58$107,948,011$41,653,190$31,169,661$89,229,809
59$118,870,239$43,605,728$32,125,375$97,426,698
60$130,903,748$45,651,153$33,110,320$106,426,973
61$144,161,800$47,793,929$34,125,385$116,311,337
62$158,769,208$50,038,736$35,171,490$127,168,674
63$174,863,514$52,390,480$36,249,581$139,096,883
64$192,596,283$54,854,305$37,360,634$152,203,796
65$212,134,541$57,435,603$38,505,652$166,608,185
66$233,662,345$60,140,028$39,685,672$182,440,879
67$257,382,522$62,973,507$40,901,759$199,845,992
68$283,518,586$65,942,255$42,155,015$218,982,272
69$312,316,844$69,052,788$43,446,570$240,024,592
70$344,048,724$72,311,937$44,777,592$263,165,595
71$379,013,336$75,726,864$46,149,284$288,617,499
72$417,540,295$79,305,080$47,562,884$316,614,095
73$459,992,834$83,054,457$49,019,669$347,412,940
74$506,771,230$86,983,252$50,520,955$381,297,781
75$558,316,584$91,100,120$52,068,096$418,581,222
76$615,114,987$95,414,138$53,662,488$459,607,660
77$677,702,106$99,934,821$55,305,572$504,756,533
78$746,668,241$104,672,147$56,998,829$554,445,880
79$822,663,898$109,636,578$58,743,786$609,136,280
80$906,405,930$114,839,085$60,542,017$669,335,186
81$998,684,304$120,291,170$62,395,144$735,601,700
82$1,100,369,559$126,004,893$64,304,837$808,551,838
83$1,212,421,023$131,992,902$66,272,818$888,864,330
84$1,335,895,870$138,268,457$68,300,860$977,287,008
85$1,471,959,100$144,845,462$70,390,791$1,074,643,857
86$1,621,894,538$151,738,500$72,544,492$1,181,842,767
87$1,787,116,953$158,962,858$74,763,904$1,299,884,093
88$1,969,185,412$166,534,568$77,051,025$1,429,870,078
89$2,169,818,004$174,470,442$79,407,914$1,573,015,235
90$2,390,908,055$182,788,108$81,836,694$1,730,657,800
91$2,634,542,002$191,506,050$84,339,548$1,904,272,335
92$2,903,019,093$200,643,654$86,918,730$2,095,483,634
93$3,198,873,092$210,221,245$89,576,560$2,306,082,034
94$3,524,896,201$220,260,139$92,315,427$2,538,040,293
95$3,884,165,414$230,782,687$95,137,795$2,793,532,190
96$4,280,071,577$241,812,329$98,046,201$3,074,953,018
97$4,716,351,388$253,373,644$101,043,260$3,384,942,173
98$5,197,122,685$265,492,407$104,131,664$3,726,408,036
99$5,726,923,312$278,195,649$107,314,188$4,102,555,407
100$6,310,753,968$291,511,713$110,593,692$4,516,915,723