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%16.4%
1 years$825,791$818,435$811,258$804,254$797,414$776,562
2 years$408,807$401,194$393,815$386,660$379,721$358,855
3 years$269,831$262,184$254,824$247,737$240,911$220,683
4 years$200,356$192,733$185,447$178,481$171,819$152,387
5 years$158,683$151,105$143,914$137,090$130,614$112,030
6 years$130,909$123,389$116,304$109,632$103,351$85,632
7 years$111,079$103,622$96,649$90,135$84,052$67,201
8 years$96,213$88,823$81,966$75,612$69,729$53,738
9 years$84,656$77,336$70,598$64,404$58,722$43,576
10 years$75,417$68,168$61,549$55,517$50,034$35,715
11 years$67,862$60,686$54,186$48,317$43,031$29,516
12 years$61,571$54,469$48,089$42,380$37,290$24,556
13 years$56,251$49,224$42,964$37,415$32,517$20,538
14 years$51,696$44,743$38,604$33,213$28,505$17,253
15 years$47,752$40,874$34,854$29,620$25,098$14,544
16 years$44,304$37,501$31,600$26,522$22,181$12,297
17 years$41,265$34,537$28,755$23,830$19,668$10,423
18 years$38,566$31,914$26,250$21,475$17,487$8,852
19 years$36,155$29,577$24,030$19,405$15,587$7,531
20 years$33,987$27,484$22,054$17,575$13,923$6,417
21 years$32,028$25,601$20,285$15,950$12,459$5,474
22 years$30,250$23,897$18,696$14,502$11,168$4,674
23 years$28,629$22,351$17,262$13,208$10,025$3,995
24 years$27,145$20,941$15,965$12,046$9,011$3,417
25 years$25,782$19,652$14,787$11,001$8,108$2,925
26 years$24,525$18,470$13,714$10,059$7,304$2,504
27 years$23,364$17,382$12,734$9,207$6,585$2,146
28 years$22,288$16,379$11,838$8,436$5,942$1,839
29 years$21,288$15,452$11,017$7,736$5,365$1,577
30 years$20,356$14,593$10,262$7,099$4,848$1,352
31 years$19,486$13,795$9,567$6,520$4,383$1,160
32 years$18,672$13,053$8,926$5,992$3,965$995
33 years$17,909$12,361$8,334$5,510$3,588$854
34 years$17,192$11,716$7,787$5,070$3,248$733
35 years$16,518$11,112$7,280$4,667$2,942$629
36 years$15,882$10,547$6,810$4,298$2,666$540
37 years$15,283$10,017$6,374$3,960$2,416$464
38 years$14,716$9,520$5,969$3,650$2,190$398
39 years$14,180$9,053$5,593$3,366$1,986$342
40 years$13,672$8,613$5,242$3,105$1,802$294
41 years$13,189$8,199$4,915$2,864$1,635$252
42 years$12,731$7,808$4,611$2,643$1,483$217
43 years$12,296$7,439$4,327$2,440$1,346$186
44 years$11,881$7,091$4,061$2,253$1,222$160
45 years$11,486$6,762$3,813$2,081$1,109$137
46 years$11,110$6,451$3,582$1,922$1,007$118
47 years$10,750$6,156$3,365$1,776$914$101
48 years$10,406$5,877$3,162$1,641$830$87
49 years$10,078$5,612$2,972$1,516$754$75
50 years$9,763$5,361$2,794$1,402$685$64

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 $3,842 every year, while hoping to spend $32,384 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: 46/44/10 Blend
39$10,000,000$10,000,000$10,000,000$10,000,000
40$11,023,963$10,493,963$10,338,963$11,500,108
41$12,113,951$10,973,711$10,650,862$12,309,072
42$13,314,032$11,475,881$10,972,124$13,182,479
43$14,635,402$12,001,538$11,303,029$14,129,209
44$16,090,397$12,551,797$11,643,864$15,156,061
45$17,692,610$13,127,828$11,994,927$16,270,496
46$19,457,021$13,730,855$12,356,521$17,480,703
47$21,400,133$14,362,164$12,728,961$18,795,675
48$23,540,136$15,023,099$13,112,570$20,225,287
49$25,897,071$15,715,072$13,507,682$21,780,382
50$28,493,021$16,439,560$13,914,639$23,472,875
51$31,352,324$17,198,113$14,333,794$25,315,854
52$34,501,796$17,992,355$14,765,511$27,323,699
53$37,970,987$18,823,989$15,210,163$29,512,215
54$41,792,461$19,694,798$15,668,137$31,898,771
55$46,002,102$20,606,652$16,139,829$34,502,463
56$50,639,449$21,561,511$16,625,646$37,344,282
57$55,748,078$22,561,430$17,126,011$40,447,308
58$61,376,005$23,608,563$17,641,355$43,836,920
59$67,576,141$24,705,166$18,172,123$47,541,028
60$74,406,794$25,853,606$18,718,776$51,590,329
61$81,932,217$27,056,363$19,281,786$56,018,589
62$90,223,215$28,316,036$19,861,637$60,862,949
63$99,357,813$29,635,352$20,458,832$66,164,273
64$109,421,993$31,017,167$21,073,886$71,967,518
65$120,510,504$32,464,477$21,707,329$78,322,151
66$132,727,759$33,980,419$22,359,708$85,282,608
67$146,188,817$35,568,286$23,031,584$92,908,791
68$161,020,471$37,231,527$23,723,538$101,266,627
69$177,362,447$38,973,760$24,436,164$110,428,676
70$195,368,718$40,798,775$25,170,077$120,474,805
71$215,208,961$42,710,549$25,925,908$131,492,925
72$237,070,156$44,713,247$26,704,307$143,579,813
73$261,158,355$46,811,238$27,505,944$156,842,005
74$287,700,621$49,009,104$28,331,507$171,396,789
75$316,947,178$51,311,644$29,181,707$187,373,300
76$349,173,769$53,723,893$30,057,272$204,913,714
77$384,684,258$56,251,128$30,958,956$224,174,582
78$423,813,502$58,898,883$31,887,530$245,328,282
79$466,930,510$61,672,959$32,843,793$268,564,634
80$514,441,925$64,579,437$33,828,564$294,092,664
81$566,795,867$67,624,695$34,842,686$322,142,564
82$624,486,158$70,815,418$35,887,028$352,967,839
83$688,056,988$74,158,615$36,962,486$386,847,676
84$758,108,049$77,661,636$38,069,978$424,089,561
85$835,300,201$81,332,186$39,210,452$465,032,149
86$920,361,703$85,178,344$40,384,884$510,048,442
87$1,014,095,096$89,208,583$41,594,277$559,549,276
88$1,117,384,775$93,431,782$42,839,664$613,987,175
89$1,231,205,338$97,857,256$44,122,109$673,860,592
90$1,356,630,790$102,494,769$45,442,707$739,718,582
91$1,494,844,676$107,354,558$46,802,584$812,165,949
92$1,647,151,262$112,447,360$48,202,899$891,868,928
93$1,814,987,841$117,784,431$49,644,846$979,561,429
94$1,999,938,306$123,377,574$51,129,654$1,076,051,935
95$2,203,748,102$129,239,164$52,658,586$1,182,231,092
96$2,428,340,704$135,382,179$54,232,945$1,299,080,070
97$2,675,835,776$141,820,226$55,854,069$1,427,679,789
98$2,948,569,182$148,567,573$57,523,336$1,569,221,074
99$3,249,115,036$155,639,183$59,242,166$1,725,015,848
100$3,580,310,010$163,050,742$61,012,019$1,896,509,469