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%17.7%
1 years$825,791$818,435$811,258$804,254$797,414$772,507
2 years$408,807$401,194$393,815$386,660$379,721$354,849
3 years$269,831$262,184$254,824$247,737$240,911$216,854
4 years$200,356$192,733$185,447$178,481$171,819$148,763
5 years$158,683$151,105$143,914$137,090$130,614$108,620
6 years$130,909$123,389$116,304$109,632$103,351$82,437
7 years$111,079$103,622$96,649$90,135$84,052$64,218
8 years$96,213$88,823$81,966$75,612$69,729$50,961
9 years$84,656$77,336$70,598$64,404$58,722$41,000
10 years$75,417$68,168$61,549$55,517$50,034$33,331
11 years$67,862$60,686$54,186$48,317$43,031$27,317
12 years$61,571$54,469$48,089$42,380$37,290$22,532
13 years$56,251$49,224$42,964$37,415$32,517$18,681
14 years$51,696$44,743$38,604$33,213$28,505$15,552
15 years$47,752$40,874$34,854$29,620$25,098$12,991
16 years$44,304$37,501$31,600$26,522$22,181$10,882
17 years$41,265$34,537$28,755$23,830$19,668$9,136
18 years$38,566$31,914$26,250$21,475$17,487$7,685
19 years$36,155$29,577$24,030$19,405$15,587$6,475
20 years$33,987$27,484$22,054$17,575$13,923$5,462
21 years$32,028$25,601$20,285$15,950$12,459$4,613
22 years$30,250$23,897$18,696$14,502$11,168$3,899
23 years$28,629$22,351$17,262$13,208$10,025$3,299
24 years$27,145$20,941$15,965$12,046$9,011$2,793
25 years$25,782$19,652$14,787$11,001$8,108$2,365
26 years$24,525$18,470$13,714$10,059$7,304$2,005
27 years$23,364$17,382$12,734$9,207$6,585$1,699
28 years$22,288$16,379$11,838$8,436$5,942$1,441
29 years$21,288$15,452$11,017$7,736$5,365$1,222
30 years$20,356$14,593$10,262$7,099$4,848$1,037
31 years$19,486$13,795$9,567$6,520$4,383$880
32 years$18,672$13,053$8,926$5,992$3,965$747
33 years$17,909$12,361$8,334$5,510$3,588$634
34 years$17,192$11,716$7,787$5,070$3,248$538
35 years$16,518$11,112$7,280$4,667$2,942$457
36 years$15,882$10,547$6,810$4,298$2,666$388
37 years$15,283$10,017$6,374$3,960$2,416$330
38 years$14,716$9,520$5,969$3,650$2,190$280
39 years$14,180$9,053$5,593$3,366$1,986$238
40 years$13,672$8,613$5,242$3,105$1,802$202
41 years$13,189$8,199$4,915$2,864$1,635$172
42 years$12,731$7,808$4,611$2,643$1,483$146
43 years$12,296$7,439$4,327$2,440$1,346$124
44 years$11,881$7,091$4,061$2,253$1,222$105
45 years$11,486$6,762$3,813$2,081$1,109$89
46 years$11,110$6,451$3,582$1,922$1,007$76
47 years$10,750$6,156$3,365$1,776$914$65
48 years$10,406$5,877$3,162$1,641$830$55
49 years$10,078$5,612$2,972$1,516$754$47
50 years$9,763$5,361$2,794$1,402$685$40

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 $4,639 every year, while hoping to spend $47,675 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: 49/34/17 Blend
39$10,000,000$10,000,000$10,000,000$10,000,000
40$11,024,785$10,494,785$10,339,785$11,512,536
41$12,098,587$10,958,304$10,635,442$12,313,647
42$13,280,320$11,442,937$10,939,406$13,178,129
43$14,580,940$11,949,669$11,251,904$14,116,192
44$16,012,524$12,479,531$11,573,171$15,134,768
45$17,588,376$13,033,602$11,903,446$16,241,466
46$19,323,156$13,613,014$12,242,977$17,444,650
47$21,233,017$14,218,951$12,592,016$18,753,510
48$23,335,760$14,852,655$12,950,824$20,178,145
49$25,650,997$15,515,424$13,319,666$21,729,658
50$28,200,340$16,208,622$13,698,817$23,420,251
51$31,007,604$16,933,674$14,088,556$25,263,343
52$34,099,031$17,692,074$14,489,173$27,273,686
53$37,503,535$18,485,389$14,900,964$29,467,506
54$41,252,980$19,315,258$15,324,231$31,862,646
55$45,382,477$20,183,399$15,759,286$34,478,733
56$49,930,717$21,091,612$16,206,449$37,337,358
57$54,940,332$22,041,783$16,666,047$40,462,271
58$60,458,304$23,035,889$17,138,418$43,879,606
59$66,536,402$24,075,998$17,623,905$47,618,116
60$73,231,673$25,164,280$18,122,864$51,709,442
61$80,606,981$26,303,008$18,635,658$56,188,403
62$88,731,600$27,494,562$19,162,659$61,093,321
63$97,681,865$28,741,437$19,704,250$66,466,372
64$107,541,896$30,046,248$20,260,823$72,353,982
65$118,404,390$31,411,734$20,832,781$78,807,251
66$130,371,494$32,840,765$21,420,535$85,882,435
67$143,555,773$34,336,350$22,024,510$93,641,463
68$158,081,269$35,901,639$22,645,139$102,152,517
69$174,084,675$37,539,935$23,282,867$111,490,664
70$191,716,620$39,254,700$23,938,152$121,738,555
71$211,143,096$41,049,561$24,611,460$132,987,200
72$232,547,021$42,928,319$25,303,274$145,336,810
73$256,129,968$44,894,957$26,014,083$158,897,739
74$282,114,064$46,953,649$26,744,394$173,791,508
75$310,744,091$49,108,771$27,494,724$190,151,946
76$342,289,794$51,364,906$28,265,604$208,126,440
77$377,048,428$53,726,862$29,057,576$227,877,310
78$415,347,563$56,199,673$29,871,200$249,583,332
79$457,548,175$58,788,618$30,707,046$273,441,410
80$504,048,058$61,499,229$31,565,701$299,668,420
81$555,285,572$64,337,304$32,447,764$328,503,243
82$611,743,788$67,308,919$33,353,852$360,209,001
83$673,955,044$70,420,445$34,284,596$395,075,531
84$742,505,969$73,678,558$35,240,640$433,422,096
85$818,043,026$77,090,255$36,222,649$475,600,384
86$901,278,607$80,662,871$37,231,301$521,997,810
87$992,997,767$84,404,093$38,267,292$573,041,151
88$1,094,065,626$88,321,980$39,331,333$629,200,556
89$1,205,435,543$92,424,980$40,424,155$690,993,959
90$1,328,158,110$96,721,947$41,546,507$758,991,951
91$1,463,391,076$101,222,161$42,699,153$833,823,137
92$1,612,410,271$105,935,352$43,882,880$916,180,048
93$1,776,621,653$110,871,718$45,098,491$1,006,825,654
94$1,957,574,581$116,041,951$46,346,809$1,106,600,534
95$2,156,976,438$121,457,257$47,628,678$1,216,430,788
96$2,376,708,757$127,129,385$48,944,960$1,337,336,747
97$2,618,844,975$133,070,649$50,296,541$1,470,442,576
98$2,885,670,012$139,293,961$51,684,325$1,616,986,849
99$3,179,701,844$145,812,855$53,109,240$1,778,334,214
100$3,503,715,267$152,641,520$54,572,235$1,955,988,233