Can I retire at age 40 with 17,900,000?

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 $17,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,385,010
2 years$731,765$718,137$704,928$692,122$679,701$637,372
3 years$482,997$469,310$456,135$443,449$431,230$390,261
4 years$358,638$344,993$331,950$319,480$307,557$268,262
5 years$284,042$270,478$257,607$245,392$233,800$196,286
6 years$234,327$220,866$208,184$196,242$184,998$149,299
7 years$198,831$185,483$173,002$161,341$150,453$116,567
8 years$172,221$158,993$146,720$135,345$124,815$92,722
9 years$151,535$138,432$126,370$115,284$105,112$74,779
10 years$134,996$122,021$110,172$99,376$89,561$60,945
11 years$121,473$108,628$96,994$86,487$77,025$50,078
12 years$110,211$97,499$86,079$75,860$66,749$41,416
13 years$100,690$88,110$76,906$66,973$58,206$34,430
14 years$92,536$80,090$69,101$59,452$51,023$28,743
15 years$85,476$73,164$62,388$53,020$44,925$24,078
16 years$79,304$67,126$56,564$47,474$39,705$20,227
17 years$73,864$61,821$51,471$42,655$35,205$17,032
18 years$69,033$57,125$46,987$38,441$31,303$14,369
19 years$64,717$52,943$43,014$34,734$27,901$12,142
20 years$60,836$49,197$39,476$31,459$24,921$10,275
21 years$57,330$45,825$36,310$28,551$22,302$8,704
22 years$54,147$42,776$33,466$25,959$19,990$7,381
23 years$51,245$40,008$30,900$23,642$17,945$6,264
24 years$48,589$37,485$28,577$21,562$16,129$5,320
25 years$46,149$35,177$26,468$19,692$14,514$4,520
26 years$43,900$33,061$24,548$18,005$13,073$3,843
27 years$41,822$31,114$22,795$16,481$11,787$3,268
28 years$39,895$29,319$21,191$15,100$10,635$2,781
29 years$38,105$27,659$19,720$13,847$9,603$2,367
30 years$36,437$26,121$18,368$12,708$8,677$2,015
31 years$34,879$24,693$17,124$11,671$7,845$1,715
32 years$33,422$23,365$15,977$10,726$7,096$1,461
33 years$32,056$22,127$14,918$9,864$6,422$1,244
34 years$30,773$20,971$13,938$9,075$5,815$1,060
35 years$29,567$19,891$13,031$8,354$5,267$903
36 years$28,429$18,879$12,191$7,694$4,772$769
37 years$27,356$17,931$11,410$7,089$4,325$656
38 years$26,342$17,041$10,685$6,534$3,921$559
39 years$25,382$16,204$10,011$6,025$3,556$476
40 years$24,472$15,417$9,383$5,557$3,225$406
41 years$23,609$14,675$8,798$5,127$2,926$346
42 years$22,789$13,976$8,253$4,732$2,655$295
43 years$22,010$13,317$7,745$4,368$2,409$251
44 years$21,268$12,694$7,270$4,033$2,187$214
45 years$20,561$12,104$6,826$3,725$1,985$183
46 years$19,886$11,547$6,411$3,441$1,803$156
47 years$19,243$11,020$6,023$3,179$1,637$133
48 years$18,628$10,520$5,660$2,937$1,487$113
49 years$18,039$10,046$5,320$2,714$1,350$96
50 years$17,477$9,596$5,002$2,509$1,226$82

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $17,900,000, adding $5,021 every year, while hoping to spend $53,931 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: 27/44/29 Blend
39$17,900,000$17,900,000$17,900,000$17,900,000
40$19,730,979$18,782,279$18,504,829$20,085,775
41$21,686,157$19,645,229$19,067,359$21,238,099
42$23,838,955$20,548,655$19,646,926$22,469,440
43$26,209,474$21,494,485$20,244,043$23,790,396
44$28,819,863$22,484,737$20,859,241$25,208,649
45$31,694,528$23,521,528$21,493,065$26,732,601
46$34,860,363$24,607,076$22,146,075$28,371,446
47$38,347,002$25,743,704$22,818,850$30,135,248
48$42,187,100$26,933,851$23,511,987$32,035,026
49$46,416,643$28,180,068$24,226,097$34,082,850
50$51,075,283$29,485,034$24,961,813$36,291,943
51$56,206,715$30,851,553$25,719,787$38,676,797
52$61,859,088$32,282,567$26,500,688$41,253,295
53$68,085,460$33,781,158$27,305,206$44,038,856
54$74,944,300$35,350,558$28,134,054$47,052,579
55$82,500,036$36,994,153$28,987,962$50,315,419
56$90,823,668$38,715,494$29,867,686$53,850,365
57$99,993,431$40,518,303$30,774,003$57,682,647
58$110,095,541$42,406,480$31,707,713$61,839,957
59$121,225,005$44,384,115$32,669,639$66,352,699
60$133,486,514$46,455,496$33,660,631$71,254,256
61$146,995,439$48,625,116$34,681,563$76,581,292
62$161,878,914$50,897,686$35,733,335$82,374,078
63$178,277,036$53,278,146$36,816,874$88,676,857
64$196,344,190$55,771,672$37,933,136$95,538,240
65$216,250,505$58,383,692$39,083,104$103,011,649
66$238,183,460$61,119,895$40,267,791$111,155,795
67$262,349,651$63,986,248$41,488,240$120,035,215
68$288,976,745$66,989,004$42,745,526$129,720,858
69$318,315,627$70,134,719$44,040,755$140,290,730
70$350,642,767$73,430,267$45,375,067$151,830,607
71$386,262,832$76,882,853$46,749,634$164,434,817
72$425,511,561$80,500,032$48,165,667$178,207,105
73$468,758,932$84,289,726$49,624,409$193,261,584
74$516,412,660$88,260,239$51,127,143$209,723,782
75$568,922,037$92,420,277$52,675,188$227,731,797
76$626,782,182$96,778,967$54,269,904$247,437,568
77$690,538,710$101,345,882$55,912,691$269,008,273
78$760,792,883$106,131,055$57,604,992$292,627,877
79$838,207,288$111,145,008$59,348,289$318,498,826
80$923,512,088$116,398,770$61,144,114$346,843,923
81$1,017,511,919$121,903,907$62,994,039$377,908,391
82$1,121,093,483$127,672,547$64,899,688$411,962,142
83$1,235,233,920$133,717,404$66,862,729$449,302,284
84$1,361,010,031$140,051,809$68,884,883$490,255,877
85$1,499,608,448$146,689,740$70,967,919$535,182,974
86$1,652,336,827$153,645,856$73,113,663$584,479,968
87$1,820,636,204$160,935,522$75,323,990$638,583,281
88$2,006,094,589$168,574,855$77,600,836$697,973,427
89$2,210,461,964$176,580,750$79,946,191$763,179,491
90$2,435,666,801$184,970,924$82,362,106$834,784,065
91$2,683,834,271$193,763,955$84,850,692$913,428,677
92$2,957,306,300$202,979,322$87,414,124$999,819,790
93$3,258,663,685$212,637,452$90,054,640$1,094,735,392
94$3,590,750,457$222,759,763$92,774,546$1,199,032,273
95$3,956,700,725$233,368,713$95,576,215$1,313,654,036
96$4,359,968,274$244,487,855$98,462,093$1,439,639,922
97$4,804,359,161$256,141,882$101,434,696$1,578,134,538
98$5,294,067,653$268,356,692$104,496,616$1,730,398,578
99$5,833,715,822$281,159,439$107,650,522$1,897,820,626
100$6,428,397,183$294,578,599$110,899,161$2,081,930,174