Can I retire at age 40 with 10,300,000?

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 $10,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$850,564$842,988$835,596$828,381$821,336$794,409
2 years$421,071$413,229$405,629$398,260$391,113$364,241
3 years$277,926$270,050$262,469$255,169$248,138$222,165
4 years$206,367$198,515$191,010$183,835$176,974$152,099
5 years$163,443$155,638$148,232$141,203$134,533$110,822
6 years$134,836$127,090$119,793$112,921$106,451$83,924
7 years$114,411$106,730$99,549$92,839$86,573$65,227
8 years$99,099$91,488$84,425$77,880$71,821$51,640
9 years$87,196$79,656$72,715$66,337$60,484$41,445
10 years$77,679$70,213$63,395$57,183$51,535$33,608
11 years$69,898$62,507$55,812$49,766$44,322$27,473
12 years$63,418$56,103$49,532$43,652$38,408$22,601
13 years$57,939$50,700$44,253$38,538$33,493$18,687
14 years$53,247$46,085$39,762$34,210$29,360$15,514
15 years$49,184$42,100$35,900$30,509$25,851$12,923
16 years$45,633$38,626$32,548$27,317$22,847$10,793
17 years$42,503$35,573$29,618$24,544$20,258$9,035
18 years$39,723$32,871$27,037$22,120$18,012$7,578
19 years$37,239$30,464$24,751$19,987$16,055$6,365
20 years$35,006$28,309$22,715$18,102$14,340$5,353
21 years$32,989$26,369$20,894$16,429$12,833$4,507
22 years$31,157$24,614$19,257$14,937$11,503$3,798
23 years$29,487$23,021$17,780$13,604$10,326$3,203
24 years$27,959$21,569$16,444$12,407$9,281$2,703
25 years$26,555$20,242$15,230$11,331$8,351$2,282
26 years$25,261$19,024$14,125$10,361$7,523$1,928
27 years$24,065$17,904$13,116$9,483$6,782$1,629
28 years$22,956$16,871$12,193$8,689$6,120$1,377
29 years$21,926$15,916$11,347$7,968$5,526$1,164
30 years$20,966$15,031$10,569$7,312$4,993$984
31 years$20,070$14,209$9,854$6,716$4,514$833
32 years$19,232$13,444$9,194$6,172$4,083$704
33 years$18,446$12,732$8,584$5,676$3,696$596
34 years$17,708$12,067$8,020$5,222$3,346$504
35 years$17,013$11,446$7,499$4,807$3,030$427
36 years$16,359$10,863$7,015$4,427$2,746$361
37 years$15,741$10,318$6,566$4,079$2,489$306
38 years$15,158$9,806$6,148$3,760$2,256$259
39 years$14,605$9,324$5,760$3,467$2,046$219
40 years$14,082$8,871$5,399$3,198$1,856$185
41 years$13,585$8,445$5,063$2,950$1,684$157
42 years$13,113$8,042$4,749$2,723$1,528$133
43 years$12,665$7,663$4,456$2,513$1,386$113
44 years$12,238$7,304$4,183$2,321$1,258$95
45 years$11,831$6,965$3,928$2,143$1,142$81
46 years$11,443$6,644$3,689$1,980$1,037$68
47 years$11,073$6,341$3,466$1,829$942$58
48 years$10,719$6,053$3,257$1,690$855$49
49 years$10,380$5,780$3,061$1,562$777$41
50 years$10,056$5,522$2,878$1,444$706$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $10,300,000, adding $5,880 every year, while hoping to spend $57,546 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: 57/34/9 Blend
39$10,300,000$10,300,000$10,300,000$10,300,000
40$11,356,665$10,810,765$10,651,115$11,979,585
41$12,453,817$11,279,264$10,946,699$12,868,574
42$13,660,949$11,768,791$11,250,256$13,829,802
43$14,989,219$12,280,315$11,561,993$14,875,733
44$16,450,920$12,814,852$11,882,121$16,014,471
45$18,059,599$13,373,464$12,210,857$17,254,923
46$19,830,179$13,957,265$12,548,422$18,606,882
47$21,779,106$14,567,420$12,895,042$20,081,115
48$23,924,500$15,205,149$13,250,952$21,689,461
49$26,286,329$15,871,730$13,616,388$23,444,940
50$28,886,592$16,568,503$13,991,595$25,361,873
51$31,749,532$17,296,867$14,376,821$27,456,008
52$34,901,862$18,058,291$14,772,322$29,744,675
53$38,373,017$18,854,313$15,178,360$32,246,934
54$42,195,431$19,686,540$15,595,202$34,983,758
55$46,404,845$20,556,661$16,023,121$37,978,224
56$51,040,642$21,466,440$16,462,398$41,255,726
57$56,146,219$22,417,728$16,913,320$44,844,211
58$61,769,397$23,412,460$17,376,180$48,774,435
59$67,962,872$24,452,667$17,851,279$53,080,250
60$74,784,710$25,540,473$18,338,922$57,798,917
61$82,298,899$26,678,104$18,839,424$62,971,452
62$90,575,950$27,867,894$19,353,107$68,643,008
63$99,693,559$29,112,284$19,880,299$74,863,292
64$109,737,350$30,413,833$20,421,337$81,687,030
65$120,801,671$31,775,222$20,976,563$89,174,476
66$132,990,492$33,199,259$21,546,329$97,391,973
67$146,418,386$34,688,886$22,130,994$106,412,568
68$161,211,604$36,247,185$22,730,926$116,316,703
69$177,509,276$37,877,384$23,346,500$127,192,953
70$195,464,713$39,582,868$23,978,099$139,138,865
71$215,246,864$41,367,179$24,626,115$152,261,862
72$237,041,905$43,234,030$25,290,950$166,680,250
73$261,054,994$45,187,313$25,973,013$182,524,325
74$287,512,216$47,231,104$26,672,721$199,937,591
75$316,662,707$49,369,673$27,390,502$219,078,105
76$348,781,012$51,607,496$28,126,793$240,119,955
77$384,169,674$53,949,261$28,882,038$263,254,897
78$423,162,088$56,399,883$29,656,694$288,694,143
79$466,125,652$58,964,509$30,451,225$316,670,352
80$513,465,233$61,648,533$31,266,105$347,439,804
81$565,626,985$64,457,611$32,101,818$381,284,810
82$623,102,568$67,397,664$32,958,860$418,516,359
83$686,433,782$70,474,901$33,837,733$459,477,039
84$756,217,684$73,695,828$34,738,954$504,544,254
85$833,112,226$77,067,261$35,663,047$554,133,770
86$917,842,461$80,596,345$36,610,547$608,703,623
87$1,011,207,393$84,290,567$37,582,001$668,758,418
88$1,114,087,516$88,157,774$38,577,967$734,854,081
89$1,227,453,126$92,206,188$39,599,012$807,603,080
90$1,352,373,481$96,444,427$40,645,716$887,680,187
91$1,490,026,897$100,881,525$41,718,668$975,828,826
92$1,641,711,869$105,526,948$42,818,471$1,072,868,066
93$1,808,859,327$110,390,616$43,945,738$1,179,700,329
94$1,993,046,151$115,482,929$45,101,092$1,297,319,882
95$2,196,010,051$120,814,784$46,285,171$1,426,822,200
96$2,419,665,974$126,397,607$47,498,622$1,569,414,271
97$2,666,124,182$132,243,369$48,742,105$1,726,425,969
98$2,937,710,175$138,364,620$50,016,292$1,899,322,570
99$3,236,986,640$144,774,514$51,321,866$2,089,718,559
100$3,566,777,651$151,486,839$52,659,522$2,299,392,832