Can I retire at age 40 with 10,100,000?

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 $10,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$834,049$826,619$819,371$812,296$805,388$798,974
2 years$412,895$405,206$397,753$390,527$383,518$377,052
3 years$272,529$264,806$257,372$250,214$243,320$237,003
4 years$202,360$194,661$187,301$180,265$173,538$167,418
5 years$160,269$152,616$145,353$138,461$131,921$126,016
6 years$132,218$124,623$117,467$110,728$104,384$98,703
7 years$112,190$104,658$97,616$91,036$84,892$79,437
8 years$97,175$89,711$82,786$76,368$70,426$65,196
9 years$85,503$78,110$71,303$65,048$59,309$54,303
10 years$76,171$68,850$62,164$56,072$50,534$45,749
11 years$68,540$61,293$54,728$48,800$43,461$38,894
12 years$62,186$55,013$48,570$42,804$37,663$33,309
13 years$56,814$49,716$43,394$37,789$32,843$28,697
14 years$52,213$45,190$38,990$33,545$28,790$24,848
15 years$48,229$41,282$35,202$29,917$25,349$21,605
16 years$44,747$37,876$31,916$26,787$22,403$18,852
17 years$41,677$34,882$29,042$24,068$19,864$16,499
18 years$38,952$32,233$26,512$21,690$17,662$14,477
19 years$36,516$29,873$24,270$19,599$15,743$12,732
20 years$34,327$27,759$22,274$17,750$14,062$11,218
21 years$32,348$25,857$20,488$16,110$12,584$9,901
22 years$30,552$24,136$18,883$14,647$11,280$8,751
23 years$28,915$22,574$17,435$13,340$10,125$7,745
24 years$27,416$21,151$16,124$12,167$9,101$6,862
25 years$26,039$19,849$14,934$11,111$8,189$6,085
26 years$24,771$18,655$13,851$10,159$7,377$5,401
27 years$23,598$17,556$12,862$9,299$6,651$4,798
28 years$22,511$16,543$11,957$8,520$6,001$4,265
29 years$21,500$15,607$11,127$7,813$5,419$3,793
30 years$20,559$14,739$10,364$7,170$4,896$3,375
31 years$19,680$13,933$9,662$6,586$4,427$3,005
32 years$18,858$13,183$9,015$6,052$4,004$2,677
33 years$18,088$12,485$8,417$5,566$3,624$2,385
34 years$17,364$11,833$7,865$5,121$3,281$2,125
35 years$16,683$11,223$7,353$4,714$2,972$1,895
36 years$16,041$10,653$6,878$4,341$2,692$1,690
37 years$15,436$10,117$6,438$4,000$2,440$1,507
38 years$14,863$9,615$6,029$3,687$2,212$1,345
39 years$14,322$9,143$5,649$3,400$2,006$1,200
40 years$13,808$8,699$5,294$3,136$1,820$1,071
41 years$13,321$8,281$4,964$2,893$1,651$956
42 years$12,859$7,886$4,657$2,670$1,498$853
43 years$12,419$7,514$4,370$2,465$1,360$762
44 years$12,000$7,162$4,102$2,276$1,234$680
45 years$11,601$6,830$3,851$2,102$1,120$607
46 years$11,221$6,515$3,617$1,941$1,017$542
47 years$10,858$6,218$3,398$1,794$924$484
48 years$10,511$5,936$3,194$1,657$839$433
49 years$10,179$5,668$3,002$1,532$762$387
50 years$9,861$5,415$2,822$1,416$692$345

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $10,100,000, adding $2,628 every year, while hoping to spend $31,370 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: 50/43/7 Blend
39$10,100,000$10,100,000$10,100,000$10,100,000
40$11,132,911$10,597,611$10,441,061$11,669,655
41$12,235,090$11,083,516$10,757,459$12,521,709
42$13,448,641$11,592,180$11,083,405$13,443,476
43$14,784,889$12,124,683$11,419,186$14,444,318
44$16,256,315$12,682,161$11,765,096$15,531,644
45$17,876,674$13,265,801$12,121,441$16,713,589
46$19,661,118$13,876,849$12,488,533$17,999,090
47$21,626,348$14,516,610$12,866,695$19,397,958
48$23,790,765$15,186,454$13,256,259$20,920,976
49$26,174,647$15,887,814$13,657,567$22,579,986
50$28,800,337$16,622,192$14,070,972$24,388,006
51$31,692,457$17,391,166$14,496,835$26,359,337
52$34,878,140$18,196,385$14,935,531$28,509,703
53$38,387,283$19,039,581$15,387,445$30,856,386
54$42,252,834$19,922,569$15,852,972$33,418,385
55$46,511,098$20,847,249$16,332,522$36,216,594
56$51,202,081$21,815,616$16,826,512$39,273,986
57$56,369,871$22,829,758$17,335,378$42,615,826
58$62,063,048$23,891,867$17,859,563$46,269,902
59$68,335,148$25,004,237$18,399,528$50,266,782
60$75,245,165$26,169,277$18,955,744$54,640,092
61$82,858,108$27,389,507$19,528,697$59,426,825
62$91,245,616$28,667,575$20,118,890$64,667,682
63$100,486,634$30,006,250$20,726,838$70,407,452
64$110,668,155$31,408,441$21,353,071$76,695,416
65$121,886,046$32,877,194$21,998,138$83,585,811
66$134,245,948$34,415,702$22,662,601$91,138,327
67$147,864,278$36,027,314$23,347,041$99,418,662
68$162,869,322$37,715,541$24,052,055$108,499,130
69$179,402,452$39,484,061$24,778,258$118,459,328
70$197,619,455$41,336,733$25,526,283$129,386,885
71$217,692,009$43,277,602$26,296,782$141,378,263
72$239,809,296$45,310,908$27,090,428$154,539,667
73$264,179,798$47,441,095$27,907,910$168,988,022
74$291,033,254$49,672,826$28,749,942$184,852,071
75$320,622,837$52,010,985$29,617,256$202,273,568
76$353,227,539$54,460,696$30,510,607$221,408,604
77$389,154,808$57,027,330$31,430,772$242,429,062
78$428,743,447$59,716,518$32,378,551$265,524,220
79$472,366,815$62,534,164$33,354,769$290,902,523
80$520,436,350$65,486,458$34,360,274$318,793,525
81$573,405,453$68,579,890$35,395,939$349,450,043
82$631,773,770$71,821,265$36,462,663$383,150,515
83$696,091,905$75,217,718$37,561,373$420,201,610
84$766,966,622$78,776,729$38,693,022$460,941,100
85$845,066,571$82,506,141$39,858,591$505,741,017
86$931,128,598$86,414,180$41,059,091$555,011,150
87$1,025,964,708$90,509,467$42,295,564$609,202,877
88$1,130,469,722$94,801,045$43,569,079$668,813,400
89$1,245,629,731$99,298,394$44,880,740$734,390,412
90$1,372,531,402$104,011,454$46,231,684$806,537,233
91$1,512,372,238$108,950,647$47,623,078$885,918,474
92$1,666,471,882$114,126,905$49,056,126$973,266,275
93$1,836,284,576$119,551,685$50,532,069$1,069,387,183
94$2,023,412,891$125,237,006$52,052,181$1,175,169,727
95$2,229,622,854$131,195,467$53,617,777$1,291,592,767
96$2,456,860,621$137,440,281$55,230,209$1,419,734,694
97$2,707,270,851$143,985,302$56,890,868$1,560,783,564
98$2,983,216,954$150,845,058$58,601,188$1,716,048,275
99$3,287,303,401$158,034,783$60,362,645$1,886,970,867
100$3,622,400,312$165,570,452$62,176,758$2,075,140,094