Can I retire at age 40 with 17,800,000?

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 $17,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,406,917
2 years$727,677$714,125$700,990$688,256$675,903$663,327
3 years$480,299$466,688$453,587$440,972$428,821$416,538
4 years$356,634$343,065$330,095$317,696$305,839$293,944
5 years$282,455$268,967$256,167$244,021$232,494$221,023
6 years$233,018$219,632$207,021$195,145$183,964$172,931
7 years$197,720$184,447$172,036$160,440$149,612$139,022
8 years$171,259$158,105$145,900$134,589$124,118$113,970
9 years$150,688$137,659$125,664$114,640$104,525$94,816
10 years$134,242$121,339$109,556$98,821$89,061$79,785
11 years$120,794$108,021$96,452$86,004$76,595$67,746
12 years$109,596$96,954$85,598$75,437$66,376$57,945
13 years$100,128$87,618$76,477$66,599$57,881$49,858
14 years$92,019$79,643$68,715$59,119$50,738$43,114
15 years$84,998$72,755$62,040$52,724$44,674$37,437
16 years$78,861$66,751$56,248$47,209$39,483$32,621
17 years$73,451$61,475$51,184$42,417$35,008$28,511
18 years$68,648$56,806$46,724$38,226$31,128$24,982
19 years$64,355$52,647$42,774$34,540$27,745$21,938
20 years$60,497$48,922$39,256$31,283$24,782$19,301
21 years$57,010$45,569$36,108$28,391$22,177$17,010
22 years$53,845$42,537$33,279$25,814$19,879$15,012
23 years$50,959$39,784$30,727$23,510$17,844$13,265
24 years$48,317$37,275$28,417$21,442$16,039$11,735
25 years$45,891$34,981$26,320$19,582$14,433$10,391
26 years$43,655$32,876$24,411$17,905$13,000$9,208
27 years$41,588$30,941$22,667$16,389$11,721$8,167
28 years$39,672$29,155$21,072$15,016$10,576$7,248
29 years$37,892$27,505$19,610$13,770$9,550$6,436
30 years$36,233$25,975$18,266$12,637$8,629$5,718
31 years$34,684$24,555$17,028$11,606$7,801$5,082
32 years$33,235$23,234$15,888$10,666$7,057$4,519
33 years$31,877$22,003$14,835$9,809$6,386$4,020
34 years$30,602$20,854$13,861$9,025$5,782$3,577
35 years$29,401$19,780$12,959$8,308$5,237$3,183
36 years$28,271$18,774$12,122$7,651$4,745$2,834
37 years$27,203$17,831$11,346$7,050$4,301$2,524
38 years$26,195$16,946$10,625$6,498$3,899$2,248
39 years$25,240$16,114$9,955$5,991$3,536$2,002
40 years$24,335$15,331$9,331$5,526$3,207$1,784
41 years$23,477$14,593$8,749$5,099$2,909$1,589
42 years$22,662$13,898$8,207$4,705$2,640$1,417
43 years$21,887$13,242$7,701$4,344$2,396$1,262
44 years$21,149$12,623$7,229$4,011$2,175$1,125
45 years$20,446$12,037$6,788$3,704$1,974$1,003
46 years$19,775$11,483$6,375$3,421$1,793$894
47 years$19,135$10,958$5,989$3,161$1,628$797
48 years$18,524$10,461$5,628$2,921$1,478$711
49 years$17,939$9,990$5,290$2,699$1,343$634
50 years$17,379$9,542$4,974$2,495$1,220$565

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $17,800,000, adding $5,802 every year, while hoping to spend $32,786 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: 64/9/27 Blend
39$17,800,000$17,800,000$17,800,000$17,800,000
40$19,621,585$18,678,185$18,402,285$20,736,713
41$21,588,102$19,558,532$18,983,877$22,372,280
42$23,754,106$20,480,917$19,583,854$24,154,509
43$26,139,908$21,447,365$20,202,797$26,101,212
44$28,767,893$22,460,001$20,841,305$28,228,545
45$31,662,727$23,521,049$21,499,997$30,554,287
46$34,851,590$24,632,845$22,179,512$33,098,005
47$38,364,433$25,797,836$22,880,507$35,881,241
48$42,234,263$27,018,588$23,603,661$38,927,702
49$46,497,450$28,297,791$24,349,677$42,263,492
50$51,194,075$29,638,267$25,119,275$45,917,345
51$56,368,302$31,042,974$25,913,202$49,920,898
52$62,068,802$32,515,012$26,732,228$54,308,984
53$68,349,207$34,057,636$27,577,145$59,119,959
54$75,268,619$35,674,253$28,448,772$64,396,056
55$82,892,167$37,368,440$29,347,955$70,183,782
56$91,291,621$39,143,946$30,275,564$76,534,352
57$100,546,068$41,004,702$31,232,498$83,504,169
58$110,742,665$42,954,830$32,219,684$91,155,348
59$121,977,453$44,998,653$33,238,080$99,556,301
60$134,356,269$47,140,703$34,288,671$108,782,377
61$147,995,743$49,385,732$35,372,476$118,916,565
62$163,024,401$51,738,724$36,490,546$130,050,275
63$179,583,874$54,204,906$37,643,963$142,284,193
64$197,830,239$56,789,756$38,833,846$155,729,227
65$217,935,490$59,499,022$40,061,347$170,507,546
66$240,089,165$62,338,728$41,327,657$186,753,725
67$264,500,128$65,315,194$42,634,002$204,616,014
68$291,398,548$68,435,046$43,981,648$224,257,725
69$321,038,069$71,705,231$45,371,902$245,858,768
70$353,698,202$75,133,038$46,806,110$269,617,340
71$389,686,967$78,726,105$48,285,664$295,751,793
72$429,343,800$82,492,447$49,811,996$324,502,679
73$473,042,756$86,440,465$51,386,586$356,135,019
74$521,196,041$90,578,972$53,010,961$390,940,792
75$574,257,904$94,917,208$54,686,694$429,241,681
76$632,728,922$99,464,863$56,415,411$471,392,103
77$697,160,730$104,232,100$58,198,785$517,782,541
78$768,161,227$109,229,575$60,038,547$568,843,224
79$846,400,313$114,468,465$61,936,479$625,048,171
80$932,616,215$119,960,490$63,894,421$686,919,659
81$1,027,622,455$125,717,940$65,914,270$755,033,140
82$1,132,315,532$131,753,706$67,997,985$830,022,660
83$1,247,683,385$138,081,306$70,147,586$912,586,831
84$1,374,814,716$144,714,915$72,365,156$1,003,495,415
85$1,514,909,273$151,669,402$74,652,844$1,103,596,574
86$1,669,289,173$158,960,357$77,012,869$1,213,824,861
87$1,839,411,387$166,604,133$79,447,518$1,335,210,031
88$2,026,881,490$174,617,877$81,959,152$1,468,886,742
89$2,233,468,823$183,019,574$84,550,205$1,616,105,252
90$2,461,123,195$191,828,086$87,223,188$1,778,243,205
91$2,711,993,290$201,063,191$89,980,694$1,956,818,616
92$2,988,446,954$210,745,636$92,825,396$2,153,504,184
93$3,293,093,548$220,897,176$95,760,051$2,370,143,062
94$3,628,808,582$231,540,630$98,787,505$2,608,766,239
95$3,998,760,864$242,699,927$101,910,693$2,871,611,691
96$4,406,442,413$254,400,165$105,132,642$3,161,145,484
97$4,855,701,430$266,667,664$108,456,477$3,480,085,034
98$5,350,778,627$279,530,030$111,885,419$3,831,424,736
99$5,896,347,260$293,016,215$115,422,795$4,218,464,207
100$6,497,557,255$307,156,584$119,072,032$4,644,839,408