Can I retire at age 40 with 10,000,000?

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 $10,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$825,791$818,435$811,258$804,254$797,414$776,876
2 years$408,807$401,194$393,815$386,660$379,721$359,166
3 years$269,831$262,184$254,824$247,737$240,911$220,982
4 years$200,356$192,733$185,447$178,481$171,819$152,670
5 years$158,683$151,105$143,914$137,090$130,614$112,297
6 years$130,909$123,389$116,304$109,632$103,351$85,884
7 years$111,079$103,622$96,649$90,135$84,052$67,436
8 years$96,213$88,823$81,966$75,612$69,729$53,958
9 years$84,656$77,336$70,598$64,404$58,722$43,781
10 years$75,417$68,168$61,549$55,517$50,034$35,905
11 years$67,862$60,686$54,186$48,317$43,031$29,693
12 years$61,571$54,469$48,089$42,380$37,290$24,719
13 years$56,251$49,224$42,964$37,415$32,517$20,688
14 years$51,696$44,743$38,604$33,213$28,505$17,390
15 years$47,752$40,874$34,854$29,620$25,098$14,671
16 years$44,304$37,501$31,600$26,522$22,181$12,413
17 years$41,265$34,537$28,755$23,830$19,668$10,529
18 years$38,566$31,914$26,250$21,475$17,487$8,949
19 years$36,155$29,577$24,030$19,405$15,587$7,619
20 years$33,987$27,484$22,054$17,575$13,923$6,496
21 years$32,028$25,601$20,285$15,950$12,459$5,546
22 years$30,250$23,897$18,696$14,502$11,168$4,740
23 years$28,629$22,351$17,262$13,208$10,025$4,054
24 years$27,145$20,941$15,965$12,046$9,011$3,470
25 years$25,782$19,652$14,787$11,001$8,108$2,973
26 years$24,525$18,470$13,714$10,059$7,304$2,548
27 years$23,364$17,382$12,734$9,207$6,585$2,184
28 years$22,288$16,379$11,838$8,436$5,942$1,874
29 years$21,288$15,452$11,017$7,736$5,365$1,608
30 years$20,356$14,593$10,262$7,099$4,848$1,380
31 years$19,486$13,795$9,567$6,520$4,383$1,185
32 years$18,672$13,053$8,926$5,992$3,965$1,017
33 years$17,909$12,361$8,334$5,510$3,588$874
34 years$17,192$11,716$7,787$5,070$3,248$751
35 years$16,518$11,112$7,280$4,667$2,942$645
36 years$15,882$10,547$6,810$4,298$2,666$554
37 years$15,283$10,017$6,374$3,960$2,416$476
38 years$14,716$9,520$5,969$3,650$2,190$409
39 years$14,180$9,053$5,593$3,366$1,986$352
40 years$13,672$8,613$5,242$3,105$1,802$302
41 years$13,189$8,199$4,915$2,864$1,635$260
42 years$12,731$7,808$4,611$2,643$1,483$223
43 years$12,296$7,439$4,327$2,440$1,346$192
44 years$11,881$7,091$4,061$2,253$1,222$165
45 years$11,486$6,762$3,813$2,081$1,109$142
46 years$11,110$6,451$3,582$1,922$1,007$122
47 years$10,750$6,156$3,365$1,776$914$105
48 years$10,406$5,877$3,162$1,641$830$90
49 years$10,078$5,612$2,972$1,516$754$78
50 years$9,763$5,361$2,794$1,402$685$67

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $10,000,000, adding $4,800 every year, while hoping to spend $48,609 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: 39/41/20 Blend
39$10,000,000$10,000,000$10,000,000$10,000,000
40$11,024,951$10,494,951$10,339,951$11,389,015
41$12,097,777$10,957,484$10,634,620$12,113,706
42$13,278,401$11,441,052$10,937,531$12,891,812
43$14,577,769$11,946,634$11,248,909$13,732,174
44$16,007,938$12,475,257$11,568,985$14,640,463
45$17,582,197$13,027,994$11,897,995$15,622,900
46$19,315,187$13,605,970$12,236,183$16,686,312
47$21,223,038$14,210,365$12,583,797$17,838,192
48$23,323,528$14,842,414$12,941,095$19,086,762
49$25,636,244$15,503,408$13,308,337$20,441,051
50$28,182,769$16,194,703$13,685,795$21,910,975
51$30,986,886$16,917,717$14,073,743$23,507,422
52$34,074,801$17,673,938$14,472,466$25,242,354
53$37,475,392$18,464,923$14,882,255$27,128,910
54$41,220,479$19,292,301$15,303,408$29,181,530
55$45,345,127$20,157,783$15,736,232$31,416,084
56$49,887,974$21,063,159$16,181,040$33,850,011
57$54,891,598$22,010,304$16,638,155$36,502,484
58$60,402,915$23,001,183$17,107,907$39,394,581
59$66,473,626$24,037,855$17,590,636$42,549,477
60$73,160,703$25,122,476$18,086,689$45,992,658
61$80,526,925$26,257,308$18,596,423$49,752,150
62$88,641,471$27,444,716$19,120,204$53,858,780
63$97,580,577$28,687,183$19,658,406$58,346,456
64$107,428,249$29,987,308$20,211,416$63,252,480
65$118,277,058$31,347,814$20,779,626$68,617,892
66$130,229,016$32,771,555$21,363,442$74,487,844
67$143,396,537$34,261,522$21,963,278$80,912,023
68$157,903,496$35,820,849$22,579,560$87,945,103
69$173,886,400$37,452,819$23,212,723$95,647,255
70$191,495,679$39,160,872$23,863,215$104,084,702
71$210,897,099$40,948,616$24,531,494$113,330,335
72$232,273,333$42,819,828$25,218,029$123,464,385
73$255,825,682$44,778,469$25,923,302$134,575,168
74$281,775,976$46,828,688$26,647,806$146,759,912
75$310,368,665$48,974,834$27,392,048$160,125,650
76$341,873,133$51,221,464$28,156,545$174,790,227
77$376,586,232$53,573,356$28,941,829$190,883,387
78$414,835,092$56,035,514$29,748,444$208,547,990
79$456,980,203$58,613,186$30,576,949$227,941,341
80$503,418,821$61,311,870$31,427,914$249,236,654
81$554,588,718$64,137,328$32,301,926$272,624,675
82$610,972,311$67,095,600$33,199,584$298,315,460
83$673,101,220$70,193,018$34,121,503$326,540,338
84$741,561,284$73,436,216$35,068,314$357,554,076
85$816,998,092$76,832,148$36,040,660$391,637,260
86$900,123,079$80,388,104$37,039,203$429,098,921
87$991,720,235$84,111,724$38,064,619$470,279,430
88$1,092,653,517$88,011,016$39,117,601$515,553,686
89$1,203,874,995$92,094,375$40,198,860$565,334,626
90$1,326,433,845$96,370,600$41,309,122$620,077,102
91$1,461,486,250$100,848,912$42,449,131$680,282,138
92$1,610,306,320$105,538,981$43,619,649$746,501,636
93$1,774,298,114$110,450,940$44,821,456$819,343,555
94$1,955,008,898$115,595,413$46,055,352$899,477,612
95$2,154,143,751$120,983,534$47,322,152$987,641,576
96$2,373,581,665$126,626,978$48,622,695$1,084,648,192
97$2,615,393,275$132,537,981$49,957,836$1,191,392,820
98$2,881,860,418$138,729,371$51,328,452$1,308,861,845
99$3,175,497,666$145,214,595$52,735,440$1,438,141,952
100$3,499,076,069$152,007,751$54,179,719$1,580,430,334