Can I retire at age 40 with 10,200,000?

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 $10,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$842,306$834,804$827,484$820,339$813,362$790,495
2 years$416,983$409,217$401,691$394,394$387,315$364,451
3 years$275,228$267,428$259,921$252,692$245,729$223,584
4 years$204,364$196,588$189,156$182,050$175,256$154,000
5 years$161,856$154,127$146,793$139,832$133,227$112,919
6 years$133,527$125,857$118,630$111,825$105,418$86,076
7 years$113,300$105,694$98,582$91,937$85,733$67,358
8 years$98,137$90,599$83,606$77,124$71,124$53,706
9 years$86,349$78,883$72,009$65,692$59,896$43,418
10 years$76,925$69,532$62,779$56,628$51,035$35,475
11 years$69,219$61,900$55,270$49,283$43,892$29,224
12 years$62,802$55,558$49,051$43,228$38,036$24,233
13 years$57,377$50,208$43,824$38,164$33,168$20,200
14 years$52,730$45,638$39,376$33,877$29,075$16,910
15 years$48,707$41,691$35,551$30,213$25,600$14,205
16 years$45,190$38,251$32,232$27,052$22,625$11,968
17 years$42,090$35,227$29,330$24,306$20,061$10,107
18 years$39,337$32,552$26,775$21,905$17,837$8,552
19 years$36,878$30,169$24,511$19,793$15,899$7,249
20 years$34,667$28,034$22,495$17,926$14,201$6,152
21 years$32,669$26,113$20,691$16,269$12,708$5,228
22 years$30,855$24,375$19,070$14,792$11,391$4,447
23 years$29,201$22,798$17,608$13,472$10,225$3,786
24 years$27,688$21,360$16,284$12,287$9,191$3,226
25 years$26,297$20,045$15,082$11,221$8,270$2,750
26 years$25,016$18,839$13,988$10,260$7,450$2,345
27 years$23,831$17,730$12,989$9,391$6,716$2,001
28 years$22,734$16,707$12,075$8,604$6,060$1,708
29 years$21,713$15,761$11,237$7,890$5,472$1,458
30 years$20,763$14,885$10,467$7,241$4,945$1,246
31 years$19,875$14,071$9,758$6,651$4,470$1,064
32 years$19,045$13,314$9,104$6,112$4,044$909
33 years$18,267$12,609$8,501$5,621$3,660$777
34 years$17,536$11,950$7,943$5,172$3,313$664
35 years$16,848$11,334$7,426$4,761$3,001$568
36 years$16,200$10,758$6,947$4,384$2,719$485
37 years$15,588$10,218$6,502$4,040$2,464$415
38 years$15,010$9,710$6,089$3,723$2,234$355
39 years$14,463$9,234$5,704$3,433$2,026$303
40 years$13,945$8,785$5,347$3,167$1,838$259
41 years$13,453$8,363$5,014$2,922$1,667$222
42 years$12,986$7,964$4,703$2,696$1,513$190
43 years$12,542$7,588$4,413$2,489$1,373$162
44 years$12,119$7,233$4,142$2,298$1,246$139
45 years$11,716$6,898$3,890$2,122$1,131$119
46 years$11,332$6,580$3,653$1,961$1,027$102
47 years$10,965$6,279$3,432$1,811$933$87
48 years$10,615$5,994$3,225$1,674$847$74
49 years$10,279$5,724$3,032$1,547$769$64
50 years$9,959$5,468$2,850$1,430$699$54

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $10,200,000, adding $4,226 every year, while hoping to spend $42,760 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: 37/43/20 Blend
39$10,200,000$10,200,000$10,200,000$10,200,000
40$11,244,759$10,704,159$10,546,059$11,592,848
41$12,346,228$11,183,167$10,853,856$12,324,915
42$13,558,614$11,684,212$11,170,531$13,110,810
43$14,893,185$12,208,331$11,496,336$13,958,823
44$16,362,357$12,756,607$11,831,530$14,874,559
45$17,979,812$13,330,175$12,176,381$15,864,163
46$19,760,625$13,930,226$12,531,162$16,934,376
47$21,721,408$14,558,005$12,896,155$18,092,591
48$23,880,464$15,214,820$13,271,648$19,346,922
49$26,257,963$15,902,038$13,657,940$20,706,270
50$28,876,130$16,621,093$14,055,336$22,180,408
51$31,759,456$17,373,487$14,464,150$23,780,063
52$34,934,926$18,160,794$14,884,706$25,517,017
53$38,432,279$18,984,663$15,317,334$27,404,207
54$42,284,283$19,846,823$15,762,375$29,455,843
55$46,527,046$20,749,083$16,220,181$31,687,539
56$51,200,359$21,693,343$16,691,111$34,116,449
57$56,348,067$22,681,588$17,175,535$36,761,424
58$62,018,488$23,715,904$17,673,834$39,643,182
59$68,264,864$24,798,473$18,186,397$42,784,500
60$75,145,865$25,931,584$18,713,627$46,210,414
61$82,726,145$27,117,633$19,255,935$49,948,453
62$91,076,949$28,359,134$19,813,746$54,028,888
63$100,276,786$29,658,720$20,387,495$58,485,007
64$110,412,171$31,019,150$20,977,629$63,353,425
65$121,578,441$32,443,317$21,584,607$68,674,413
66$133,880,653$33,934,251$22,208,903$74,492,272
67$147,434,579$35,495,128$22,851,001$80,855,740
68$162,367,796$37,129,279$23,511,399$87,818,441
69$178,820,890$38,840,193$24,190,610$95,439,377
70$196,948,784$40,631,526$24,889,159$103,783,475
71$216,922,201$42,507,111$25,607,586$112,922,186
72$238,929,272$44,470,966$26,346,447$122,934,146
73$263,177,316$46,527,302$27,106,311$133,905,904
74$289,894,794$48,680,532$27,887,765$145,932,726
75$319,333,467$50,935,282$28,691,409$159,119,475
76$351,770,771$53,296,401$29,517,861$173,581,588
77$387,512,437$55,768,971$30,367,756$189,446,149
78$426,895,375$58,358,321$31,241,746$206,853,066
79$470,290,858$61,070,033$32,140,499$225,956,381
80$518,108,023$63,909,963$33,064,704$246,925,697
81$570,797,736$66,884,245$34,015,065$269,947,764
82$628,856,843$69,999,311$34,992,309$295,228,219
83$692,832,869$73,261,905$35,997,179$322,993,503
84$763,329,177$76,679,094$37,030,440$353,492,979
85$841,010,670$80,258,287$38,092,876$387,001,260
86$926,610,066$84,007,250$39,185,295$423,820,773
87$1,020,934,814$87,934,126$40,308,524$464,284,592
88$1,124,874,717$92,047,451$41,463,412$508,759,552
89$1,239,410,334$96,356,172$42,650,832$557,649,682
90$1,365,622,234$100,869,670$43,871,680$611,399,991
91$1,504,701,196$105,597,779$45,126,876$670,500,633
92$1,657,959,456$110,550,808$46,417,364$735,491,506
93$1,826,843,089$115,739,565$47,744,114$806,967,307
94$2,012,945,663$121,175,383$49,108,121$885,583,116
95$2,218,023,284$126,870,140$50,510,406$972,060,537
96$2,444,011,172$132,836,290$51,952,018$1,067,194,473
97$2,693,041,935$139,086,892$53,434,035$1,171,860,584
98$2,967,465,697$145,635,634$54,957,559$1,287,023,516
99$3,269,872,288$152,496,870$56,523,727$1,413,745,953
100$3,603,115,691$159,685,646$58,133,701$1,553,198,609