Can I retire at age 40 with 10,400,000?

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 $10,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$858,822$851,172$843,709$836,424$829,311$797,036
2 years$425,160$417,241$409,567$402,127$394,910$362,784
3 years$280,624$272,672$265,017$257,647$250,547$219,581
4 years$208,371$200,443$192,865$185,620$178,692$149,121
5 years$165,030$157,149$149,671$142,574$135,839$107,739
6 years$136,145$128,324$120,956$114,017$107,485$80,875
7 years$115,522$107,767$100,515$93,740$87,414$62,285
8 years$100,061$92,376$85,245$78,636$72,518$48,845
9 years$88,043$80,430$73,421$66,981$61,071$38,819
10 years$78,433$70,895$64,010$57,738$52,035$31,162
11 years$70,576$63,114$56,354$50,249$44,752$25,210
12 years$64,033$56,647$50,013$44,075$38,781$20,519
13 years$58,502$51,193$44,683$38,912$33,818$16,781
14 years$53,764$46,533$40,148$34,542$29,645$13,777
15 years$49,662$42,508$36,248$30,805$26,102$11,346
16 years$46,076$39,001$32,864$27,583$23,069$9,367
17 years$42,915$35,918$29,905$24,783$20,454$7,749
18 years$40,109$33,190$27,299$22,334$18,187$6,422
19 years$37,601$30,760$24,991$20,181$16,210$5,329
20 years$35,346$28,584$22,936$18,278$14,479$4,427
21 years$33,309$26,625$21,097$16,588$12,957$3,682
22 years$31,460$24,853$19,444$15,082$11,615$3,064
23 years$29,774$23,245$17,953$13,736$10,426$2,551
24 years$28,230$21,779$16,603$12,528$9,371$2,126
25 years$26,813$20,438$15,378$11,441$8,432$1,772
26 years$25,506$19,209$14,262$10,461$7,596$1,478
27 years$24,299$18,078$13,244$9,575$6,848$1,233
28 years$23,179$17,034$12,312$8,773$6,179$1,028
29 years$22,139$16,070$11,457$8,045$5,580$858
30 years$21,170$15,176$10,672$7,383$5,042$716
31 years$20,265$14,347$9,949$6,781$4,558$598
32 years$19,418$13,575$9,283$6,232$4,123$499
33 years$18,625$12,856$8,667$5,731$3,731$417
34 years$17,880$12,184$8,098$5,273$3,378$348
35 years$17,178$11,557$7,571$4,854$3,060$291
36 years$16,518$10,969$7,083$4,470$2,772$243
37 years$15,894$10,418$6,629$4,119$2,513$203
38 years$15,305$9,901$6,208$3,796$2,278$169
39 years$14,747$9,415$5,816$3,501$2,066$141
40 years$14,218$8,957$5,452$3,229$1,874$118
41 years$13,717$8,527$5,112$2,979$1,700$99
42 years$13,241$8,120$4,795$2,749$1,543$82
43 years$12,788$7,737$4,500$2,538$1,400$69
44 years$12,357$7,375$4,224$2,343$1,271$58
45 years$11,946$7,033$3,966$2,164$1,154$48
46 years$11,554$6,709$3,725$1,999$1,047$40
47 years$11,180$6,402$3,499$1,847$951$34
48 years$10,823$6,112$3,288$1,707$864$28
49 years$10,481$5,837$3,091$1,577$784$23
50 years$10,154$5,575$2,906$1,458$713$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $10,400,000, adding $4,086 every year, while hoping to spend $44,535 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: 47/43/10 Blend
39$10,400,000$10,400,000$10,400,000$10,400,000
40$11,465,015$10,913,815$10,752,615$11,972,062
41$12,587,061$11,401,207$11,065,442$12,809,127
42$13,822,064$11,910,988$11,387,257$13,712,099
43$15,181,497$12,444,210$11,718,313$14,691,050
44$16,678,005$13,001,971$12,058,871$15,753,052
45$18,325,518$13,585,424$12,409,200$16,905,868
46$20,139,387$14,195,776$12,769,575$18,158,023
47$22,136,529$14,834,293$13,140,280$19,518,876
48$24,335,581$15,502,299$13,521,605$20,998,711
49$26,757,081$16,201,183$13,913,850$22,608,821
50$29,423,662$16,932,400$14,317,322$24,361,617
51$32,360,260$17,697,472$14,732,338$26,270,735
52$35,594,357$18,497,998$15,159,221$28,351,161
53$39,156,231$19,335,650$15,598,305$30,619,370
54$43,079,252$20,212,182$16,049,933$33,093,469
55$47,400,186$21,129,430$16,514,457$35,793,367
56$52,159,552$22,089,319$16,992,238$38,740,955
57$57,401,996$23,093,865$17,483,647$41,960,306
58$63,176,718$24,145,183$17,989,068$45,477,896
59$69,537,933$25,245,486$18,508,891$49,322,844
60$76,545,383$26,397,096$19,043,520$53,527,182
61$84,264,902$27,602,443$19,593,368$58,126,148
62$92,769,036$28,864,078$20,158,860$63,158,509
63$102,137,730$30,184,669$20,740,434$68,666,922
64$112,459,077$31,567,017$21,338,537$74,698,324
65$123,830,156$33,014,053$21,953,631$81,304,365
66$136,357,942$34,528,853$22,586,188$88,541,890
67$150,160,322$36,114,636$23,236,695$96,473,458
68$165,367,201$37,774,780$23,905,650$105,167,928
69$182,121,734$39,512,822$24,593,568$114,701,095
70$200,581,671$41,332,471$25,300,973$125,156,393
71$220,920,854$43,237,614$26,028,408$136,625,667
72$243,330,848$45,232,324$26,776,427$149,210,035
73$268,022,758$47,320,872$27,545,600$163,020,821
74$295,229,216$49,507,731$28,336,514$178,180,593
75$325,206,578$51,797,592$29,149,770$194,824,306
76$358,237,348$54,195,373$29,985,986$213,100,563
77$394,632,836$56,706,225$30,845,795$233,172,993
78$434,736,105$59,335,550$31,729,849$255,221,787
79$478,925,206$62,089,010$32,638,817$279,445,374
80$527,616,744$64,972,538$33,573,385$306,062,282
81$581,269,816$67,992,357$34,534,257$335,313,171
82$640,390,340$71,154,985$35,522,158$367,463,096
83$705,535,835$74,467,259$36,537,830$402,803,976
84$777,320,679$77,936,344$37,582,036$441,657,334
85$856,421,913$81,569,749$38,655,559$484,377,305
86$943,585,630$85,375,349$39,759,202$531,353,957
87$1,039,634,020$89,361,397$40,893,791$583,016,943
88$1,145,473,129$93,536,545$42,060,173$639,839,530
89$1,262,101,416$97,909,863$43,259,216$702,343,043
90$1,390,619,173$102,490,859$44,491,813$771,101,747
91$1,532,238,919$107,289,502$45,758,879$846,748,248
92$1,688,296,842$112,316,241$47,061,354$929,979,419
93$1,860,265,414$117,582,030$48,400,204$1,021,562,957
94$2,049,767,293$123,098,356$49,776,417$1,122,344,582
95$2,258,590,639$128,877,259$51,191,010$1,233,255,993
96$2,488,706,000$134,931,360$52,645,024$1,355,323,615
97$2,742,284,911$141,273,895$54,139,531$1,489,678,255
98$3,021,720,393$147,918,737$55,675,626$1,637,565,726
99$3,329,649,550$154,880,432$57,254,437$1,800,358,569
100$3,668,978,463$162,174,232$58,877,119$1,979,568,957