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%14.4%
1 years$825,791$818,435$811,258$804,254$797,414$782,916
2 years$408,807$401,194$393,815$386,660$379,721$365,166
3 years$269,831$262,184$254,824$247,737$240,911$226,752
4 years$200,356$192,733$185,447$178,481$171,819$158,167
5 years$158,683$151,105$143,914$137,090$130,614$117,507
6 years$130,909$123,389$116,304$109,632$103,351$90,803
7 years$111,079$103,622$96,649$90,135$84,052$72,067
8 years$96,213$88,823$81,966$75,612$69,729$58,304
9 years$84,656$77,336$70,598$64,404$58,722$47,850
10 years$75,417$68,168$61,549$55,517$50,034$39,706
11 years$67,862$60,686$54,186$48,317$43,031$33,235
12 years$61,571$54,469$48,089$42,380$37,290$28,012
13 years$56,251$49,224$42,964$37,415$32,517$23,743
14 years$51,696$44,743$38,604$33,213$28,505$20,219
15 years$47,752$40,874$34,854$29,620$25,098$17,283
16 years$44,304$37,501$31,600$26,522$22,181$14,822
17 years$41,265$34,537$28,755$23,830$19,668$12,745
18 years$38,566$31,914$26,250$21,475$17,487$10,985
19 years$36,155$29,577$24,030$19,405$15,587$9,486
20 years$33,987$27,484$22,054$17,575$13,923$8,205
21 years$32,028$25,601$20,285$15,950$12,459$7,107
22 years$30,250$23,897$18,696$14,502$11,168$6,163
23 years$28,629$22,351$17,262$13,208$10,025$5,351
24 years$27,145$20,941$15,965$12,046$9,011$4,649
25 years$25,782$19,652$14,787$11,001$8,108$4,043
26 years$24,525$18,470$13,714$10,059$7,304$3,518
27 years$23,364$17,382$12,734$9,207$6,585$3,064
28 years$22,288$16,379$11,838$8,436$5,942$2,669
29 years$21,288$15,452$11,017$7,736$5,365$2,326
30 years$20,356$14,593$10,262$7,099$4,848$2,028
31 years$19,486$13,795$9,567$6,520$4,383$1,769
32 years$18,672$13,053$8,926$5,992$3,965$1,543
33 years$17,909$12,361$8,334$5,510$3,588$1,346
34 years$17,192$11,716$7,787$5,070$3,248$1,175
35 years$16,518$11,112$7,280$4,667$2,942$1,026
36 years$15,882$10,547$6,810$4,298$2,666$896
37 years$15,283$10,017$6,374$3,960$2,416$782
38 years$14,716$9,520$5,969$3,650$2,190$683
39 years$14,180$9,053$5,593$3,366$1,986$597
40 years$13,672$8,613$5,242$3,105$1,802$521
41 years$13,189$8,199$4,915$2,864$1,635$455
42 years$12,731$7,808$4,611$2,643$1,483$398
43 years$12,296$7,439$4,327$2,440$1,346$348
44 years$11,881$7,091$4,061$2,253$1,222$304
45 years$11,486$6,762$3,813$2,081$1,109$265
46 years$11,110$6,451$3,582$1,922$1,007$232
47 years$10,750$6,156$3,365$1,776$914$203
48 years$10,406$5,877$3,162$1,641$830$177
49 years$10,078$5,612$2,972$1,516$754$155
50 years$9,763$5,361$2,794$1,402$685$135

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 $4,722 every year, while hoping to spend $22,495 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: 45/42/13 Blend
39$10,000,000$10,000,000$10,000,000$10,000,000
40$11,024,871$10,494,871$10,339,871$11,479,932
41$12,125,473$10,985,185$10,662,322$12,287,107
42$13,337,583$11,498,771$10,994,821$13,159,194
43$14,672,550$12,036,744$11,337,682$14,104,344
44$16,142,882$12,600,276$11,691,226$15,129,320
45$17,762,360$13,190,594$12,055,786$16,241,541
46$19,546,172$13,808,984$12,431,706$17,449,150
47$21,511,051$14,456,794$12,819,338$18,761,089
48$23,675,441$15,135,440$13,219,048$20,187,175
49$26,059,661$15,846,402$13,631,212$21,738,188
50$28,686,106$16,591,234$14,056,216$23,425,970
51$31,579,451$17,371,567$14,494,462$25,263,530
52$34,766,890$18,189,109$14,946,361$27,265,161
53$38,278,386$19,045,649$15,412,338$29,446,568
54$42,146,962$19,943,066$15,892,831$31,825,013
55$46,409,004$20,883,328$16,388,293$34,419,468
56$51,104,610$21,868,499$16,899,189$37,250,790
57$56,277,968$22,900,743$17,425,999$40,341,908
58$61,977,769$23,982,328$17,969,219$43,718,037
59$68,257,674$25,115,634$18,529,359$47,406,901
60$75,176,810$26,303,154$19,106,947$51,438,994
61$82,800,340$27,547,503$19,702,525$55,847,853
62$91,200,068$28,851,424$20,316,652$60,670,370
63$100,455,122$30,217,791$20,949,907$65,947,128
64$110,652,699$31,649,618$21,602,884$71,722,778
65$121,888,892$33,150,066$22,276,198$78,046,445
66$134,269,588$34,722,449$22,970,480$84,972,185
67$147,911,479$36,370,241$23,686,384$92,559,485
68$162,943,154$38,097,087$24,424,582$100,873,806
69$179,506,317$39,906,807$25,185,767$109,987,198
70$197,757,127$41,803,406$25,970,656$119,978,959
71$217,867,667$43,791,085$26,779,985$130,936,376
72$240,027,569$45,874,249$27,614,515$142,955,530
73$264,445,810$48,057,515$28,475,030$156,142,194
74$291,352,677$50,345,728$29,362,338$170,612,808
75$321,001,947$52,743,966$30,277,273$186,495,571
76$353,673,278$55,257,552$31,220,694$203,931,627
77$389,674,852$57,892,072$32,193,488$223,076,382
78$429,346,284$60,653,381$33,196,567$244,100,955
79$473,061,828$63,547,619$34,230,874$267,193,769
80$521,233,906$66,581,225$35,297,381$292,562,313
81$574,317,010$69,760,950$36,397,088$320,435,077
82$632,811,983$73,093,875$37,531,029$351,063,690
83$697,270,755$76,587,424$38,700,268$384,725,266
84$768,301,548$80,249,384$39,905,903$421,725,002
85$846,574,620$84,087,919$41,149,065$462,399,028
86$932,828,596$88,111,590$42,430,923$507,117,557
87$1,027,877,432$92,329,378$43,752,678$556,288,348
88$1,132,618,110$96,750,697$45,115,573$610,360,529
89$1,248,039,098$101,385,422$46,520,886$669,828,804
90$1,375,229,686$106,243,908$47,969,935$735,238,092
91$1,515,390,268$111,337,014$49,464,082$807,188,636
92$1,669,843,675$116,676,127$51,004,728$886,341,632
93$1,840,047,663$122,273,190$52,593,319$973,425,438
94$2,027,608,675$128,140,727$54,231,346$1,069,242,409
95$2,234,297,009$134,291,872$55,920,346$1,174,676,427
96$2,462,063,529$140,740,399$57,661,903$1,290,701,208
97$2,713,058,083$147,500,753$59,457,651$1,418,389,446
98$2,989,649,801$154,588,082$61,309,275$1,558,922,893
99$3,294,449,456$162,018,274$63,218,511$1,713,603,464
100$3,630,334,122$169,807,990$65,187,152$1,883,865,482