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%19.5%
1 years$842,306$834,804$827,484$820,339$813,362$782,327
2 years$416,983$409,217$401,691$394,394$387,315$356,413
3 years$275,228$267,428$259,921$252,692$245,729$215,932
4 years$204,364$196,588$189,156$182,050$175,256$146,791
5 years$161,856$154,127$146,793$139,832$133,227$106,168
6 years$133,527$125,857$118,630$111,825$105,418$79,783
7 years$113,300$105,694$98,582$91,937$85,733$61,514
8 years$98,137$90,599$83,606$77,124$71,124$48,298
9 years$86,349$78,883$72,009$65,692$59,896$38,432
10 years$76,925$69,532$62,779$56,628$51,035$30,891
11 years$69,219$61,900$55,270$49,283$43,892$25,023
12 years$62,802$55,558$49,051$43,228$38,036$20,394
13 years$57,377$50,208$43,824$38,164$33,168$16,702
14 years$52,730$45,638$39,376$33,877$29,075$13,731
15 years$48,707$41,691$35,551$30,213$25,600$11,324
16 years$45,190$38,251$32,232$27,052$22,625$9,363
17 years$42,090$35,227$29,330$24,306$20,061$7,757
18 years$39,337$32,552$26,775$21,905$17,837$6,438
19 years$36,878$30,169$24,511$19,793$15,899$5,351
20 years$34,667$28,034$22,495$17,926$14,201$4,452
21 years$32,669$26,113$20,691$16,269$12,708$3,708
22 years$30,855$24,375$19,070$14,792$11,391$3,091
23 years$29,201$22,798$17,608$13,472$10,225$2,578
24 years$27,688$21,360$16,284$12,287$9,191$2,151
25 years$26,297$20,045$15,082$11,221$8,270$1,796
26 years$25,016$18,839$13,988$10,260$7,450$1,500
27 years$23,831$17,730$12,989$9,391$6,716$1,253
28 years$22,734$16,707$12,075$8,604$6,060$1,047
29 years$21,713$15,761$11,237$7,890$5,472$875
30 years$20,763$14,885$10,467$7,241$4,945$732
31 years$19,875$14,071$9,758$6,651$4,470$612
32 years$19,045$13,314$9,104$6,112$4,044$512
33 years$18,267$12,609$8,501$5,621$3,660$428
34 years$17,536$11,950$7,943$5,172$3,313$358
35 years$16,848$11,334$7,426$4,761$3,001$300
36 years$16,200$10,758$6,947$4,384$2,719$251
37 years$15,588$10,218$6,502$4,040$2,464$210
38 years$15,010$9,710$6,089$3,723$2,234$175
39 years$14,463$9,234$5,704$3,433$2,026$147
40 years$13,945$8,785$5,347$3,167$1,838$123
41 years$13,453$8,363$5,014$2,922$1,667$103
42 years$12,986$7,964$4,703$2,696$1,513$86
43 years$12,542$7,588$4,413$2,489$1,373$72
44 years$12,119$7,233$4,142$2,298$1,246$60
45 years$11,716$6,898$3,890$2,122$1,131$50
46 years$11,332$6,580$3,653$1,961$1,027$42
47 years$10,965$6,279$3,432$1,811$933$35
48 years$10,615$5,994$3,225$1,674$847$30
49 years$10,279$5,724$3,032$1,547$769$25
50 years$9,959$5,468$2,850$1,430$699$21

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 $2,191 every year, while hoping to spend $47,494 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: 51/30/19 Blend
39$10,200,000$10,200,000$10,200,000$10,200,000
40$11,242,660$10,702,060$10,543,960$11,756,838
41$12,338,878$11,175,928$10,846,649$12,585,356
42$13,545,319$11,671,423$11,157,887$13,480,565
43$14,873,174$12,189,556$11,477,909$14,452,864
44$16,334,777$12,731,383$11,806,959$15,509,565
45$17,943,717$13,298,014$12,145,284$16,658,702
46$19,714,966$13,890,607$12,493,141$17,909,108
47$21,665,024$14,510,378$12,850,793$19,270,487
48$23,812,071$15,158,600$13,218,509$20,753,513
49$26,176,139$15,836,608$13,596,565$22,369,917
50$28,779,301$16,545,798$13,985,247$24,132,601
51$31,645,882$17,287,635$14,384,844$26,055,753
52$34,802,683$18,063,650$14,795,658$28,154,979
53$38,279,239$18,875,451$15,217,995$30,447,443
54$42,108,095$19,724,721$15,652,171$32,952,027
55$46,325,111$20,613,223$16,098,509$35,689,505
56$50,969,806$21,542,805$16,557,343$38,682,734
57$56,085,725$22,515,401$17,029,012$41,956,864
58$61,720,853$23,533,040$17,513,868$45,539,569
59$67,928,067$24,597,846$18,012,270$49,461,308
60$74,765,635$25,712,046$18,524,587$53,755,601
61$82,297,766$26,877,972$19,051,196$58,459,344
62$90,595,214$28,098,069$19,592,488$63,613,147
63$99,735,949$29,374,897$20,148,859$69,261,715
64$109,805,889$30,711,140$20,720,719$75,454,263
65$120,899,715$32,109,612$21,308,489$82,244,968
66$133,121,760$33,573,257$21,912,597$89,693,482
67$146,586,998$35,105,165$22,533,487$97,865,480
68$161,422,124$36,708,570$23,171,612$106,833,276
69$177,766,756$38,386,866$23,827,436$116,676,495
70$195,774,747$40,143,604$24,501,437$127,482,819
71$215,615,641$41,982,509$25,194,104$139,348,803
72$237,476,269$43,907,485$25,905,940$152,380,778
73$261,562,518$45,922,622$26,637,458$166,695,844
74$288,101,270$48,032,205$27,389,188$182,422,966
75$317,342,545$50,240,729$28,161,672$199,704,183
76$349,561,861$52,552,901$28,955,464$218,695,930
77$385,062,834$54,973,656$29,771,135$239,570,512
78$424,180,045$57,508,167$30,609,270$262,517,713
79$467,282,196$60,161,854$31,470,467$287,746,575
80$514,775,594$62,940,399$32,355,342$315,487,359
81$567,107,983$65,849,757$33,264,524$345,993,705
82$624,772,772$68,896,170$34,198,661$379,545,010
83$688,313,692$72,086,180$35,158,413$416,449,051
84$758,329,931$75,426,644$36,144,462$457,044,874
85$835,481,785$78,924,751$37,157,503$501,705,981
86$920,496,898$82,588,035$38,198,250$550,843,832
87$1,014,177,125$86,424,392$39,267,435$604,911,715
88$1,117,406,106$90,442,102$40,365,808$664,409,007
89$1,231,157,605$94,649,841$41,494,139$729,885,864
90$1,356,504,703$99,056,705$42,653,215$801,948,398
91$1,494,629,930$103,672,231$43,843,844$881,264,373
92$1,646,836,424$108,506,412$45,066,855$968,569,489
93$1,814,560,240$113,569,726$46,323,095$1,064,674,300
94$1,999,383,899$118,873,158$47,613,434$1,170,471,845
95$2,203,051,336$124,428,221$48,938,762$1,286,946,046
96$2,427,484,354$130,246,986$50,299,993$1,415,180,975
97$2,674,800,776$136,342,107$51,698,061$1,556,371,057
98$2,947,334,434$142,726,848$53,133,925$1,711,832,316
99$3,247,657,200$149,415,118$54,608,565$1,883,014,764
100$3,578,603,270$156,421,494$56,122,987$2,071,516,063