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%16.6%
1 years$850,564$842,988$835,596$828,381$821,336$799,212
2 years$421,071$413,229$405,629$398,260$391,113$368,981
3 years$277,926$270,050$262,469$255,169$248,138$226,691
4 years$206,367$198,515$191,010$183,835$176,974$156,377
5 years$163,443$155,638$148,232$141,203$134,533$114,843
6 years$134,836$127,090$119,793$112,921$106,451$87,687
7 years$114,411$106,730$99,549$92,839$86,573$68,735
8 years$99,099$91,488$84,425$77,880$71,821$54,900
9 years$87,196$79,656$72,715$66,337$60,484$44,465
10 years$77,679$70,213$63,395$57,183$51,535$36,398
11 years$69,898$62,507$55,812$49,766$44,322$30,042
12 years$63,418$56,103$49,532$43,652$38,408$24,961
13 years$57,939$50,700$44,253$38,538$33,493$20,849
14 years$53,247$46,085$39,762$34,210$29,360$17,489
15 years$49,184$42,100$35,900$30,509$25,851$14,723
16 years$45,633$38,626$32,548$27,317$22,847$12,431
17 years$42,503$35,573$29,618$24,544$20,258$10,521
18 years$39,723$32,871$27,037$22,120$18,012$8,922
19 years$37,239$30,464$24,751$19,987$16,055$7,579
20 years$35,006$28,309$22,715$18,102$14,340$6,448
21 years$32,989$26,369$20,894$16,429$12,833$5,492
22 years$31,157$24,614$19,257$14,937$11,503$4,682
23 years$29,487$23,021$17,780$13,604$10,326$3,996
24 years$27,959$21,569$16,444$12,407$9,281$3,412
25 years$26,555$20,242$15,230$11,331$8,351$2,916
26 years$25,261$19,024$14,125$10,361$7,523$2,493
27 years$24,065$17,904$13,116$9,483$6,782$2,132
28 years$22,956$16,871$12,193$8,689$6,120$1,824
29 years$21,926$15,916$11,347$7,968$5,526$1,562
30 years$20,966$15,031$10,569$7,312$4,993$1,337
31 years$20,070$14,209$9,854$6,716$4,514$1,145
32 years$19,232$13,444$9,194$6,172$4,083$981
33 years$18,446$12,732$8,584$5,676$3,696$840
34 years$17,708$12,067$8,020$5,222$3,346$720
35 years$17,013$11,446$7,499$4,807$3,030$617
36 years$16,359$10,863$7,015$4,427$2,746$529
37 years$15,741$10,318$6,566$4,079$2,489$453
38 years$15,158$9,806$6,148$3,760$2,256$389
39 years$14,605$9,324$5,760$3,467$2,046$333
40 years$14,082$8,871$5,399$3,198$1,856$286
41 years$13,585$8,445$5,063$2,950$1,684$245
42 years$13,113$8,042$4,749$2,723$1,528$210
43 years$12,665$7,663$4,456$2,513$1,386$180
44 years$12,238$7,304$4,183$2,321$1,258$154
45 years$11,831$6,965$3,928$2,143$1,142$132
46 years$11,443$6,644$3,689$1,980$1,037$114
47 years$11,073$6,341$3,466$1,829$942$97
48 years$10,719$6,053$3,257$1,690$855$83
49 years$10,380$5,780$3,061$1,562$777$72
50 years$10,056$5,522$2,878$1,444$706$61

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 $5,019 every year, while hoping to spend $42,140 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: 42/37/21 Blend
39$10,300,000$10,300,000$10,300,000$10,300,000
40$11,355,777$10,809,877$10,650,227$11,762,665
41$12,469,230$11,294,724$10,962,173$12,537,304
42$13,694,842$11,801,917$11,283,157$13,371,184
43$15,044,010$12,332,505$11,613,437$14,273,351
44$16,529,291$12,887,589$11,953,278$15,250,103
45$18,164,520$13,468,322$12,302,955$16,308,350
46$19,964,943$14,075,913$12,662,746$17,455,678
47$21,947,361$14,711,626$13,032,941$18,700,417
48$24,130,283$15,376,787$13,413,837$20,051,713
49$26,534,110$16,072,787$13,805,737$21,519,614
50$29,181,316$16,801,081$14,208,957$23,115,155
51$32,096,670$17,563,194$14,623,817$24,850,463
52$35,307,464$18,360,724$15,050,649$26,738,861
53$38,843,773$19,195,347$15,489,793$28,794,993
54$42,738,737$20,068,818$15,941,600$31,034,955
55$47,028,872$20,982,975$16,406,428$33,476,441
56$51,754,422$21,939,745$16,884,648$36,138,904
57$56,959,728$22,941,148$17,376,639$39,043,735
58$62,693,656$23,989,299$17,882,792$42,214,456
59$69,010,052$25,086,418$18,403,508$45,676,938
60$75,968,252$26,234,827$18,939,200$49,459,635
61$83,633,642$27,436,962$19,490,292$53,593,848
62$92,078,276$28,695,375$20,057,219$58,114,012
63$101,381,553$30,012,742$20,640,429$63,058,012
64$111,630,971$31,391,866$21,240,382$68,467,532
65$122,922,947$32,835,684$21,857,552$74,388,443
66$135,363,731$34,347,276$22,492,424$80,871,221
67$149,070,408$35,929,870$23,145,497$87,971,420
68$164,172,004$37,586,847$23,817,285$95,750,182
69$180,810,699$39,321,753$24,508,315$104,274,804
70$199,143,175$41,138,304$25,219,128$113,619,366
71$219,342,092$43,040,394$25,950,282$123,865,413
72$241,597,718$45,032,106$26,702,349$135,102,718
73$266,119,723$47,117,717$27,475,916$147,430,113
74$293,139,163$49,301,713$28,271,587$160,956,413
75$322,910,655$51,588,794$29,089,982$175,801,423
76$355,714,785$53,983,889$29,931,740$192,097,061
77$391,860,755$56,492,161$30,797,515$209,988,585
78$431,689,300$59,119,025$31,687,980$229,635,949
79$475,575,907$61,870,155$32,603,826$251,215,296
80$523,934,358$64,751,502$33,545,763$274,920,604
81$577,220,638$67,769,300$34,514,521$300,965,500
82$635,937,234$70,930,088$35,510,848$329,585,256
83$700,637,886$74,240,716$36,535,516$361,038,991
84$771,932,809$77,708,370$37,589,315$395,612,099
85$850,494,455$81,340,579$38,673,056$433,618,914
86$937,063,861$85,145,239$39,787,574$475,405,666
87$1,032,457,643$89,130,624$40,933,726$521,353,714
88$1,137,575,709$93,305,411$42,112,393$571,883,132
89$1,253,409,750$97,678,695$43,324,477$627,456,640
90$1,381,052,605$102,260,012$44,570,907$688,583,950
91$1,521,708,576$107,059,357$45,852,638$755,826,549
92$1,676,704,797$112,087,212$47,170,647$829,802,968
93$1,847,503,764$117,354,563$48,525,941$911,194,592
94$2,035,717,140$122,872,928$49,919,553$1,000,752,059
95$2,243,120,972$128,654,386$51,352,542$1,099,302,311
96$2,471,672,457$134,711,597$52,825,998$1,207,756,370
97$2,723,528,417$141,057,835$54,341,038$1,327,117,893
98$3,001,065,665$147,707,017$55,898,812$1,458,492,617
99$3,306,903,438$154,673,737$57,500,498$1,603,098,749
100$3,643,928,130$161,973,291$59,147,306$1,762,278,429