Can I retire at age 40 with 10,500,000?

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 $10,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$867,080$859,357$851,821$844,466$837,285$813,090
2 years$429,248$421,253$413,506$405,993$398,707$374,523
3 years$283,323$275,294$267,565$260,124$252,956$229,541
4 years$210,374$202,370$194,719$187,405$180,410$157,944
5 years$166,617$158,661$151,110$143,945$137,145$115,689
6 years$137,455$129,558$122,119$115,114$108,518$88,091
7 years$116,633$108,803$101,482$94,641$88,254$68,857
8 years$101,023$93,264$86,065$79,392$73,216$54,836
9 years$88,889$81,203$74,127$67,625$61,658$44,278
10 years$79,187$71,577$64,626$58,293$52,536$36,132
11 years$71,255$63,720$56,896$50,732$45,183$29,728
12 years$64,649$57,192$50,493$44,499$39,154$24,618
13 years$59,064$51,685$45,113$39,286$34,143$20,493
14 years$54,281$46,980$40,534$34,874$29,930$17,132
15 years$50,139$42,917$36,597$31,101$26,353$14,371
16 years$46,519$39,376$33,180$27,848$23,290$12,090
17 years$43,328$36,264$30,193$25,021$20,651$10,195
18 years$40,494$33,509$27,562$22,549$18,362$8,614
19 years$37,962$31,056$25,232$20,375$16,366$7,290
20 years$35,686$28,859$23,156$18,453$14,619$6,178
21 years$33,630$26,881$21,299$16,748$13,082$5,242
22 years$31,762$25,092$19,631$15,227$11,726$4,452
23 years$30,060$23,468$18,125$13,868$10,526$3,784
24 years$28,502$21,988$16,763$12,648$9,461$3,219
25 years$27,071$20,635$15,526$11,551$8,514$2,740
26 years$25,752$19,393$14,399$10,562$7,669$2,333
27 years$24,532$18,251$13,371$9,668$6,914$1,987
28 years$23,402$17,198$12,430$8,858$6,239$1,694
29 years$22,352$16,225$11,567$8,123$5,633$1,444
30 years$21,373$15,322$10,775$7,454$5,090$1,231
31 years$20,460$14,485$10,045$6,846$4,602$1,050
32 years$19,605$13,706$9,372$6,292$4,163$896
33 years$18,804$12,979$8,751$5,786$3,767$764
34 years$18,051$12,301$8,176$5,324$3,411$652
35 years$17,344$11,668$7,644$4,901$3,089$556
36 years$16,676$11,074$7,151$4,513$2,799$475
37 years$16,047$10,518$6,693$4,158$2,537$405
38 years$15,452$9,996$6,268$3,833$2,300$346
39 years$14,889$9,505$5,872$3,534$2,086$295
40 years$14,355$9,043$5,504$3,260$1,892$252
41 years$13,849$8,608$5,161$3,008$1,716$215
42 years$13,368$8,198$4,841$2,776$1,557$184
43 years$12,911$7,811$4,543$2,562$1,413$157
44 years$12,475$7,446$4,264$2,366$1,283$134
45 years$12,061$7,100$4,004$2,185$1,165$114
46 years$11,665$6,773$3,761$2,018$1,057$98
47 years$11,288$6,464$3,533$1,865$960$83
48 years$10,927$6,171$3,320$1,723$872$71
49 years$10,582$5,893$3,121$1,592$792$61
50 years$10,252$5,629$2,934$1,472$719$52

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $10,500,000, adding $6,619 every year, while hoping to spend $41,452 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: 34/40/26 Blend
39$10,500,000$10,500,000$10,500,000$10,500,000
40$11,577,827$11,021,327$10,858,577$11,879,908
41$12,714,661$11,517,268$11,178,235$12,603,057
42$13,966,063$12,036,120$11,507,212$13,378,129
43$15,343,674$12,578,963$11,845,777$14,213,135
44$16,860,324$13,146,927$12,194,205$15,113,431
45$18,530,147$13,741,197$12,552,781$16,084,885
46$20,368,719$14,363,013$12,921,797$17,133,932
47$22,393,204$15,013,675$13,301,552$18,267,630
48$24,622,512$15,694,547$13,692,355$19,493,719
49$27,077,483$16,407,055$14,094,525$20,820,692
50$29,781,082$17,152,695$14,508,386$22,257,868
51$32,758,610$17,933,036$14,934,275$23,815,475
52$36,037,952$18,749,718$15,372,537$25,504,744
53$39,649,833$19,604,464$15,823,527$27,338,003
54$43,628,110$20,499,077$16,287,609$29,328,794
55$48,010,092$21,435,446$16,765,158$31,491,989
56$52,836,891$22,415,553$17,256,561$33,843,927
57$58,153,812$23,441,473$17,762,214$36,402,560
58$64,010,776$24,515,381$18,282,524$39,187,615
59$70,462,798$25,639,557$18,817,910$42,220,775
60$77,570,497$26,816,389$19,368,804$45,525,870
61$85,400,678$28,048,382$19,935,649$49,129,101
62$94,026,953$29,338,159$20,518,900$53,059,272
63$103,530,444$30,688,470$21,119,024$57,348,058
64$114,000,542$32,102,198$21,736,505$62,030,291
65$125,535,755$33,582,364$22,371,835$67,144,281
66$138,244,635$35,132,133$23,025,525$72,732,164
67$152,246,805$36,754,824$23,698,097$78,840,295
68$167,674,084$38,453,915$24,390,088$85,519,668
69$184,671,736$40,233,052$25,102,051$92,826,387
70$203,399,837$42,096,056$25,834,554$100,822,188
71$224,034,790$44,046,932$26,588,181$109,575,002
72$246,770,985$46,089,879$27,363,532$119,159,587
73$271,822,639$48,229,296$28,161,223$129,658,216
74$299,425,813$50,469,796$28,981,889$141,161,445
75$329,840,644$52,816,215$29,826,181$153,768,944
76$363,353,801$55,273,620$30,694,769$167,590,431
77$400,281,186$57,847,325$31,588,341$182,746,680
78$440,970,921$60,542,898$32,507,605$199,370,656
79$485,806,632$63,366,178$33,453,287$217,608,738
80$535,211,072$66,323,283$34,426,135$237,622,093
81$589,650,107$69,420,630$35,426,916$259,588,170
82$649,637,120$72,664,943$36,456,420$283,702,359
83$715,737,853$76,063,272$37,515,458$310,179,807
84$788,575,751$79,623,009$38,604,862$339,257,432
85$868,837,842$83,351,901$39,725,489$371,196,131
86$957,281,228$87,258,071$40,878,220$406,283,220
87$1,054,740,231$91,350,033$42,063,957$444,835,120
88$1,162,134,265$95,636,716$43,283,631$487,200,312
89$1,280,476,523$100,127,478$44,538,195$533,762,603
90$1,410,883,535$104,832,131$45,828,631$584,944,715
91$1,554,585,712$109,760,962$47,155,947$641,212,247
92$1,712,938,961$114,924,755$48,521,177$703,078,034
93$1,887,437,485$120,334,818$49,925,386$771,106,953
94$2,079,727,889$126,003,004$51,369,667$845,921,225
95$2,291,624,725$131,941,742$52,855,142$928,206,241
96$2,525,127,622$138,164,064$54,382,965$1,018,717,001
97$2,782,440,167$144,683,630$55,954,322$1,118,285,196
98$3,065,990,701$151,514,765$57,570,429$1,227,827,015
99$3,378,455,251$158,672,487$59,232,537$1,348,351,751
100$3,722,782,790$166,172,543$60,941,930$1,480,971,277