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%16.1%
1 years$842,306$834,804$827,484$820,339$813,362$793,056
2 years$416,983$409,217$401,691$394,394$387,315$366,986
3 years$275,228$267,428$259,921$252,692$245,729$226,011
4 years$204,364$196,588$189,156$182,050$175,256$156,302
5 years$161,856$154,127$146,793$139,832$133,227$115,090
6 years$133,527$125,857$118,630$111,825$105,418$88,116
7 years$113,300$105,694$98,582$91,937$85,733$69,267
8 years$98,137$90,599$83,606$77,124$71,124$55,488
9 years$86,349$78,883$72,009$65,692$59,896$45,076
10 years$76,925$69,532$62,779$56,628$51,035$37,013
11 years$69,219$61,900$55,270$49,283$43,892$30,649
12 years$62,802$55,558$49,051$43,228$38,036$25,548
13 years$57,377$50,208$43,824$38,164$33,168$21,411
14 years$52,730$45,638$39,376$33,877$29,075$18,023
15 years$48,707$41,691$35,551$30,213$25,600$15,226
16 years$45,190$38,251$32,232$27,052$22,625$12,901
17 years$42,090$35,227$29,330$24,306$20,061$10,958
18 years$39,337$32,552$26,775$21,905$17,837$9,328
19 years$36,878$30,169$24,511$19,793$15,899$7,954
20 years$34,667$28,034$22,495$17,926$14,201$6,792
21 years$32,669$26,113$20,691$16,269$12,708$5,807
22 years$30,855$24,375$19,070$14,792$11,391$4,971
23 years$29,201$22,798$17,608$13,472$10,225$4,258
24 years$27,688$21,360$16,284$12,287$9,191$3,651
25 years$26,297$20,045$15,082$11,221$8,270$3,132
26 years$25,016$18,839$13,988$10,260$7,450$2,689
27 years$23,831$17,730$12,989$9,391$6,716$2,309
28 years$22,734$16,707$12,075$8,604$6,060$1,984
29 years$21,713$15,761$11,237$7,890$5,472$1,705
30 years$20,763$14,885$10,467$7,241$4,945$1,466
31 years$19,875$14,071$9,758$6,651$4,470$1,261
32 years$19,045$13,314$9,104$6,112$4,044$1,084
33 years$18,267$12,609$8,501$5,621$3,660$933
34 years$17,536$11,950$7,943$5,172$3,313$803
35 years$16,848$11,334$7,426$4,761$3,001$691
36 years$16,200$10,758$6,947$4,384$2,719$595
37 years$15,588$10,218$6,502$4,040$2,464$512
38 years$15,010$9,710$6,089$3,723$2,234$441
39 years$14,463$9,234$5,704$3,433$2,026$379
40 years$13,945$8,785$5,347$3,167$1,838$327
41 years$13,453$8,363$5,014$2,922$1,667$281
42 years$12,986$7,964$4,703$2,696$1,513$242
43 years$12,542$7,588$4,413$2,489$1,373$208
44 years$12,119$7,233$4,142$2,298$1,246$180
45 years$11,716$6,898$3,890$2,122$1,131$155
46 years$11,332$6,580$3,653$1,961$1,027$133
47 years$10,965$6,279$3,432$1,811$933$115
48 years$10,615$5,994$3,225$1,674$847$99
49 years$10,279$5,724$3,032$1,547$769$85
50 years$9,959$5,468$2,850$1,430$699$73

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 $2,693 every year, while hoping to spend $54,761 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: 64/14/22 Blend
39$10,200,000$10,200,000$10,200,000$10,200,000
40$11,243,178$10,702,578$10,544,478$11,898,646
41$12,331,717$11,168,739$10,839,453$12,806,753
42$13,529,451$11,655,906$11,142,474$13,792,081
43$14,847,461$12,165,052$11,453,753$14,867,346
44$16,297,956$12,697,193$11,773,507$16,041,359
45$17,894,386$13,253,395$12,101,958$17,323,813
46$19,651,575$13,834,772$12,439,335$18,725,379
47$21,585,854$14,442,494$12,785,871$20,257,799
48$23,715,218$15,077,784$13,141,805$21,934,001
49$26,059,498$15,741,922$13,507,382$23,768,212
50$28,640,541$16,436,251$13,882,855$25,776,098
51$31,482,425$17,162,176$14,268,479$27,974,903
52$34,611,678$17,921,168$14,664,519$30,383,615
53$38,057,533$18,714,770$15,071,244$33,023,138
54$41,852,203$19,544,595$15,488,932$35,916,492
55$46,031,182$20,412,334$15,917,866$39,089,024
56$50,633,584$21,319,760$16,358,336$42,568,646
57$55,702,508$22,268,727$16,810,639$46,386,094
58$61,285,448$23,261,179$17,275,079$50,575,221
59$67,434,739$24,299,151$17,751,969$55,173,307
60$74,208,049$25,384,777$18,241,627$60,221,411
61$81,668,929$26,520,289$18,744,380$65,764,756
62$89,887,405$27,708,029$19,260,563$71,853,150
63$98,940,646$28,950,448$19,790,517$78,541,457
64$108,913,687$30,250,115$20,334,594$85,890,108
65$119,900,232$31,609,719$20,893,152$93,965,667
66$132,003,541$33,032,081$21,466,558$102,841,459
67$145,337,402$34,520,153$22,055,188$112,598,257
68$160,027,206$36,077,030$22,659,426$123,325,037
69$176,211,131$37,705,954$23,279,666$135,119,820
70$194,041,442$39,410,321$23,916,310$148,090,587
71$213,685,932$41,193,691$24,569,770$162,356,295
72$235,329,508$43,059,792$25,240,468$178,047,998
73$259,175,927$45,012,531$25,928,833$195,310,075
74$285,449,730$47,056,004$26,635,308$214,301,592
75$314,398,354$49,194,499$27,360,341$235,197,794
76$346,294,468$51,432,512$28,104,395$258,191,755
77$381,438,552$53,774,753$28,867,941$283,496,195
78$420,161,728$56,226,159$29,651,460$311,345,484
79$462,828,884$58,791,901$30,455,444$341,997,843
80$509,842,127$61,477,401$31,280,398$375,737,779
81$561,644,569$64,288,338$32,126,836$412,878,763
82$618,724,513$67,230,665$32,995,284$453,766,180
83$681,620,067$70,310,621$33,886,279$498,780,584
84$750,924,214$73,534,742$34,800,370$548,341,282
85$827,290,421$76,909,881$35,738,119$602,910,282
86$911,438,796$80,443,217$36,700,098$662,996,651
87$1,004,162,895$84,142,277$37,686,894$729,161,304
88$1,106,337,209$88,014,947$38,699,103$802,022,298
89$1,218,925,418$92,069,493$39,737,337$882,260,651
90$1,342,989,491$96,314,579$40,802,218$970,626,763
91$1,479,699,712$100,759,286$41,894,384$1,067,947,489
92$1,630,345,721$105,413,129$43,014,485$1,175,133,936
93$1,796,348,697$110,286,085$44,163,183$1,293,190,046
94$1,979,274,770$115,388,609$45,341,155$1,423,222,071
95$2,180,849,805$120,731,660$46,549,093$1,566,448,996
96$2,402,975,697$126,326,723$47,787,700$1,724,214,037
97$2,647,748,326$132,185,840$49,057,695$1,897,997,309
98$2,917,477,340$138,321,631$50,359,812$2,089,429,781
99$3,214,707,961$144,747,324$51,694,799$2,300,308,662
100$3,542,245,016$151,476,786$53,063,418$2,532,614,350