Can I retire at age 40 with 17,700,000?

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 $17,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$1,461,649$1,448,630$1,435,927$1,423,529$1,411,423$1,367,337
2 years$723,589$710,113$697,052$684,389$672,106$628,083
3 years$477,601$464,066$451,039$438,495$426,412$383,832
4 years$354,631$341,138$328,241$315,911$304,120$263,311
5 years$280,868$267,456$254,728$242,650$231,188$192,258
6 years$231,709$218,398$205,858$194,049$182,931$145,914
7 years$196,609$183,410$171,069$159,538$148,772$113,666
8 years$170,296$157,217$145,080$133,833$123,420$90,202
9 years$149,842$136,885$124,958$113,996$103,938$72,570
10 years$133,487$120,658$108,941$98,265$88,560$58,996
11 years$120,115$107,415$95,910$85,520$76,165$48,352
12 years$108,980$96,409$85,118$75,013$66,003$39,882
13 years$99,565$87,126$76,047$66,225$57,556$33,065
14 years$91,502$79,195$68,328$58,787$50,453$27,527
15 years$84,521$72,346$61,691$52,428$44,423$22,994
16 years$78,418$66,376$55,932$46,944$39,261$19,261
17 years$73,038$61,130$50,896$42,178$34,812$16,171
18 years$68,262$56,487$46,462$38,011$30,953$13,603
19 years$63,994$52,351$42,533$34,346$27,589$11,460
20 years$60,157$48,648$39,035$31,107$24,643$9,668
21 years$56,690$45,313$35,905$28,232$22,053$8,165
22 years$53,542$42,298$33,092$25,669$19,767$6,902
23 years$50,673$39,561$30,554$23,377$17,744$5,839
24 years$48,046$37,066$28,258$21,322$15,949$4,943
25 years$45,633$34,784$26,172$19,472$14,351$4,187
26 years$43,410$32,692$24,273$17,804$12,927$3,548
27 years$41,355$30,767$22,540$16,297$11,655$3,008
28 years$39,449$28,991$20,954$14,931$10,517$2,551
29 years$37,679$27,350$19,499$13,692$9,496$2,164
30 years$36,030$25,829$18,163$12,566$8,580$1,836
31 years$34,490$24,417$16,933$11,541$7,757$1,558
32 years$33,049$23,104$15,799$10,606$7,017$1,322
33 years$31,698$21,879$14,751$9,753$6,351$1,123
34 years$30,430$20,737$13,783$8,974$5,750$953
35 years$29,236$19,669$12,886$8,261$5,208$809
36 years$28,112$18,668$12,054$7,608$4,718$687
37 years$27,050$17,731$11,283$7,010$4,277$584
38 years$26,047$16,850$10,566$6,461$3,877$496
39 years$25,098$16,023$9,899$5,958$3,516$421
40 years$24,199$15,245$9,278$5,495$3,189$358
41 years$23,345$14,511$8,700$5,070$2,893$304
42 years$22,535$13,820$8,161$4,679$2,625$258
43 years$21,764$13,168$7,658$4,319$2,383$219
44 years$21,030$12,552$7,188$3,988$2,163$186
45 years$20,331$11,969$6,750$3,683$1,963$158
46 years$19,664$11,418$6,339$3,402$1,783$134
47 years$19,028$10,896$5,956$3,143$1,619$114
48 years$18,419$10,402$5,597$2,904$1,470$97
49 years$17,838$9,933$5,261$2,684$1,335$82
50 years$17,281$9,489$4,946$2,481$1,213$70

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $17,700,000, adding $2,284 every year, while hoping to spend $36,932 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: 42/40/18 Blend
39$17,700,000$17,700,000$17,700,000$17,700,000
40$19,507,756$18,569,656$18,295,306$20,224,112
41$21,458,252$19,440,274$18,868,903$21,601,749
42$23,606,460$20,352,314$19,460,478$23,088,853
43$25,972,509$21,307,767$20,070,594$24,698,451
44$28,578,578$22,308,721$20,699,832$26,441,791
45$31,449,108$23,357,363$21,348,791$28,331,216
46$34,611,030$24,455,987$22,018,089$30,380,268
47$38,094,023$25,606,998$22,708,363$32,603,811
48$41,930,790$26,812,918$23,420,270$35,018,163
49$46,157,369$28,076,390$24,154,488$37,641,238
50$50,813,474$29,400,185$24,911,716$40,492,709
51$55,942,864$30,787,211$25,692,674$43,594,186
52$61,593,764$32,240,512$26,498,107$46,969,404
53$67,819,316$33,763,285$27,328,781$50,644,443
54$74,678,077$35,358,877$28,185,487$54,647,959
55$82,234,580$37,030,801$29,069,039$59,011,444
56$90,559,935$38,782,738$29,980,280$63,769,513
57$99,732,505$40,618,549$30,920,076$68,960,217
58$109,838,645$42,542,282$31,889,323$74,625,389
59$120,973,514$44,558,180$32,888,942$80,811,025
60$133,241,975$46,670,695$33,919,885$87,567,706
61$146,759,589$48,884,491$34,983,134$94,951,056
62$161,653,698$51,204,462$36,079,699$103,022,257
63$178,064,631$53,635,737$37,210,625$111,848,605
64$196,147,031$56,183,695$38,376,989$121,504,133
65$216,071,310$58,853,978$39,579,900$132,070,287
66$238,025,260$61,652,499$40,820,502$143,636,680
67$262,215,824$64,585,459$42,099,977$156,301,916
68$288,871,054$67,659,363$43,419,542$170,174,501
69$318,242,257$70,881,027$44,780,453$185,373,845
70$350,606,374$74,257,604$46,184,004$202,031,369
71$386,268,588$77,796,590$47,631,532$220,291,718
72$425,565,209$81,505,848$49,124,413$240,314,107
73$468,866,847$85,393,622$50,664,068$262,273,791
74$516,581,914$89,468,558$52,251,963$286,363,700
75$569,160,473$93,739,721$53,889,607$312,796,227
76$627,098,492$98,216,618$55,578,560$341,805,205
77$690,942,523$102,909,217$57,320,427$373,648,082
78$761,294,866$107,827,974$59,116,866$408,608,321
79$838,819,248$112,983,850$60,969,587$446,998,040
80$924,247,094$118,388,342$62,880,351$489,160,924
81$1,018,384,432$124,053,505$64,850,977$535,475,431
82$1,122,119,498$129,991,981$66,883,339$586,358,327
83$1,236,431,127$136,217,028$68,979,371$642,268,578
84$1,362,397,988$142,742,548$71,141,065$703,711,640
85$1,501,208,771$149,583,122$73,370,480$771,244,188
86$1,654,173,410$156,754,039$75,669,735$845,479,320
87$1,822,735,444$164,271,333$78,041,017$927,092,300
88$2,008,485,650$172,151,820$80,486,583$1,016,826,879
89$2,213,177,060$180,413,132$83,008,757$1,115,502,262
90$2,438,741,509$189,073,765$85,609,939$1,224,020,787
91$2,687,307,874$198,153,110$88,292,603$1,343,376,380
92$2,961,222,172$207,671,507$91,059,300$1,474,663,881
93$3,263,069,709$217,650,286$93,912,662$1,619,089,314
94$3,595,699,485$228,111,816$96,855,402$1,777,981,200
95$3,962,251,093$239,079,556$99,890,318$1,952,803,034
96$4,366,184,358$250,578,108$103,020,298$2,145,167,022
97$4,811,312,002$262,633,274$106,248,317$2,356,849,223
98$5,301,835,635$275,272,114$109,577,445$2,589,806,238
99$5,842,385,429$288,523,006$113,010,848$2,846,193,591
100$6,438,063,821$302,415,712$116,551,790$3,128,385,991