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

Use the below retirement simulation to view the chances of a successful retirement.
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%18%
1 years$825,791$818,435$811,258$804,254$797,414$771,579
2 years$408,807$401,194$393,815$386,660$379,721$353,936
3 years$269,831$262,184$254,824$247,737$240,911$215,984
4 years$200,356$192,733$185,447$178,481$171,819$147,942
5 years$158,683$151,105$143,914$137,090$130,614$107,850
6 years$130,909$123,389$116,304$109,632$103,351$81,718
7 years$111,079$103,622$96,649$90,135$84,052$63,549
8 years$96,213$88,823$81,966$75,612$69,729$50,341
9 years$84,656$77,336$70,598$64,404$58,722$40,427
10 years$75,417$68,168$61,549$55,517$50,034$32,803
11 years$67,862$60,686$54,186$48,317$43,031$26,833
12 years$61,571$54,469$48,089$42,380$37,290$22,089
13 years$56,251$49,224$42,964$37,415$32,517$18,276
14 years$51,696$44,743$38,604$33,213$28,505$15,183
15 years$47,752$40,874$34,854$29,620$25,098$12,656
16 years$44,304$37,501$31,600$26,522$22,181$10,578
17 years$41,265$34,537$28,755$23,830$19,668$8,862
18 years$38,566$31,914$26,250$21,475$17,487$7,438
19 years$36,155$29,577$24,030$19,405$15,587$6,252
20 years$33,987$27,484$22,054$17,575$13,923$5,262
21 years$32,028$25,601$20,285$15,950$12,459$4,434
22 years$30,250$23,897$18,696$14,502$11,168$3,739
23 years$28,629$22,351$17,262$13,208$10,025$3,156
24 years$27,145$20,941$15,965$12,046$9,011$2,665
25 years$25,782$19,652$14,787$11,001$8,108$2,252
26 years$24,525$18,470$13,714$10,059$7,304$1,904
27 years$23,364$17,382$12,734$9,207$6,585$1,610
28 years$22,288$16,379$11,838$8,436$5,942$1,362
29 years$21,288$15,452$11,017$7,736$5,365$1,153
30 years$20,356$14,593$10,262$7,099$4,848$976
31 years$19,486$13,795$9,567$6,520$4,383$826
32 years$18,672$13,053$8,926$5,992$3,965$699
33 years$17,909$12,361$8,334$5,510$3,588$592
34 years$17,192$11,716$7,787$5,070$3,248$501
35 years$16,518$11,112$7,280$4,667$2,942$425
36 years$15,882$10,547$6,810$4,298$2,666$360
37 years$15,283$10,017$6,374$3,960$2,416$305
38 years$14,716$9,520$5,969$3,650$2,190$258
39 years$14,180$9,053$5,593$3,366$1,986$219
40 years$13,672$8,613$5,242$3,105$1,802$185
41 years$13,189$8,199$4,915$2,864$1,635$157
42 years$12,731$7,808$4,611$2,643$1,483$133
43 years$12,296$7,439$4,327$2,440$1,346$113
44 years$11,881$7,091$4,061$2,253$1,222$96
45 years$11,486$6,762$3,813$2,081$1,109$81
46 years$11,110$6,451$3,582$1,922$1,007$69
47 years$10,750$6,156$3,365$1,776$914$58
48 years$10,406$5,877$3,162$1,641$830$49
49 years$10,078$5,612$2,972$1,516$754$42
50 years$9,763$5,361$2,794$1,402$685$35

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 $3,754 every year, while hoping to spend $53,514 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: 55/29/16 Blend
39$10,000,000$10,000,000$10,000,000$10,000,000
40$11,023,872$10,493,872$10,338,872$11,583,253
41$12,091,369$10,951,134$10,628,286$12,421,825
42$13,265,956$11,429,007$10,925,602$13,328,416
43$14,558,502$11,928,446$11,231,027$14,314,407
44$15,980,978$12,450,450$11,544,776$15,387,395
45$17,546,579$12,996,063$11,867,067$16,555,730
46$19,269,841$13,566,381$12,198,125$17,828,592
47$21,166,781$14,162,549$12,538,178$19,216,078
48$23,255,049$14,785,770$12,887,463$20,729,288
49$25,554,091$15,437,300$13,246,220$22,380,433
50$28,085,337$16,118,457$13,614,697$24,182,941
51$30,872,399$16,830,619$13,993,147$26,151,586
52$33,941,296$17,575,231$14,381,830$28,302,620
53$37,320,697$18,353,807$14,781,010$30,653,925
54$41,042,196$19,167,930$15,190,961$33,225,176
55$45,140,602$20,019,262$15,611,961$36,038,024
56$49,654,278$20,909,540$16,044,296$39,116,294
57$54,625,492$21,840,585$16,488,258$42,486,210
58$60,100,825$22,814,306$16,944,147$46,176,634
59$66,131,602$23,832,700$17,412,269$50,219,332
60$72,774,384$24,897,861$17,892,939$54,649,276
61$80,091,497$26,011,982$18,386,478$59,504,961
62$88,151,621$27,177,360$18,893,216$64,828,768
63$97,030,436$28,396,401$19,413,489$70,667,356
64$106,811,343$29,671,627$19,947,643$77,072,096
65$117,586,242$31,005,679$20,496,031$84,099,552
66$129,456,405$32,401,323$21,059,014$91,812,008
67$142,533,430$33,861,460$21,636,963$100,278,045
68$156,940,295$35,389,126$22,230,256$109,573,188
69$172,812,516$36,987,505$22,839,281$119,780,606
70$190,299,429$38,659,929$23,464,434$130,991,891
71$209,565,599$40,409,894$24,106,120$143,307,916
72$230,792,371$42,241,059$24,764,756$156,839,777
73$254,179,582$44,157,260$25,440,764$171,709,833
74$279,947,450$46,162,517$26,134,580$188,052,853
75$308,338,649$48,261,039$26,846,648$206,017,275
76$339,620,602$50,457,241$27,577,422$225,766,604
77$374,088,004$52,755,747$28,327,366$247,480,938
78$412,065,604$55,161,401$29,096,956$271,358,658
79$453,911,268$57,679,282$29,886,676$297,618,295
80$500,019,361$60,314,711$30,697,024$326,500,575
81$550,824,468$63,073,264$31,528,506$358,270,678
82$606,805,494$65,960,784$32,381,642$393,220,735
83$668,490,188$68,983,397$33,256,961$431,672,563
84$736,460,123$72,147,519$34,155,005$473,980,698
85$811,356,185$75,459,877$35,076,327$520,535,719
86$893,884,626$78,927,520$36,021,493$571,767,923
87$984,823,725$82,557,837$36,991,081$628,151,368
88$1,085,031,143$86,358,569$37,985,680$690,208,337
89$1,195,452,013$90,337,832$39,005,894$758,514,244
90$1,317,127,864$94,504,131$40,052,337$833,703,048
91$1,451,206,454$98,866,381$41,125,638$916,473,222
92$1,598,952,603$103,433,925$42,226,438$1,007,594,324
93$1,761,760,137$108,216,556$43,355,392$1,107,914,239
94$1,941,165,042$113,224,538$44,513,169$1,218,367,161
95$2,138,859,967$118,468,631$45,700,450$1,339,982,392
96$2,356,710,201$123,960,111$46,917,933$1,473,894,029
97$2,596,771,284$129,710,799$48,166,326$1,621,351,650
98$2,861,308,412$135,733,085$49,446,355$1,783,732,079
99$3,152,817,820$142,039,956$50,758,758$1,962,552,358
100$3,474,050,350$148,645,027$52,104,289$2,159,484,040