Can I retire at age 40 with 10,600,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $10,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$875,338$867,541$859,934$852,509$845,259$828,531
2 years$433,336$425,265$417,444$409,860$402,504$385,722
3 years$286,021$277,916$270,114$262,601$255,365$239,052
4 years$212,378$204,297$196,574$189,189$182,129$166,410
5 years$168,204$160,172$152,549$145,316$138,451$123,372
6 years$138,764$130,792$123,282$116,210$109,552$95,128
7 years$117,743$109,839$102,448$95,543$89,095$75,330
8 years$101,985$94,152$86,884$80,148$73,913$60,803
9 years$89,736$81,977$74,833$68,269$62,245$49,782
10 years$79,942$72,258$65,241$58,848$53,036$41,207
11 years$71,933$64,327$57,438$51,216$45,613$34,404
12 years$65,265$57,737$50,974$44,923$39,527$28,923
13 years$59,627$52,177$45,542$39,660$34,468$24,451
14 years$54,798$47,428$40,920$35,206$30,215$20,765
15 years$50,617$43,326$36,945$31,398$26,603$17,701
16 years$46,962$39,751$33,496$28,113$23,512$15,137
17 years$43,741$36,609$30,480$25,259$20,848$12,979
18 years$40,880$33,828$27,824$22,764$18,537$11,154
19 years$38,324$31,352$25,472$20,569$16,522$9,603
20 years$36,026$29,134$23,377$18,629$14,758$8,282
21 years$33,950$27,137$21,502$16,907$13,207$7,152
22 years$32,065$25,331$19,818$15,373$11,838$6,183
23 years$30,346$23,692$18,298$14,000$10,626$5,351
24 years$28,773$22,198$16,923$12,769$9,551$4,635
25 years$27,328$20,831$15,674$11,661$8,595$4,018
26 years$25,997$19,578$14,537$10,662$7,742$3,485
27 years$24,766$18,425$13,499$9,760$6,980$3,025
28 years$23,625$17,362$12,549$8,942$6,298$2,627
29 years$22,565$16,379$11,678$8,200$5,687$2,282
30 years$21,577$15,468$10,877$7,525$5,139$1,983
31 years$20,655$14,623$10,141$6,912$4,646$1,724
32 years$19,792$13,836$9,461$6,352$4,202$1,499
33 years$18,983$13,103$8,834$5,841$3,803$1,303
34 years$18,223$12,419$8,254$5,374$3,443$1,134
35 years$17,509$11,779$7,717$4,947$3,119$986
36 years$16,835$11,180$7,219$4,556$2,826$858
37 years$16,200$10,618$6,757$4,198$2,561$747
38 years$15,599$10,091$6,328$3,869$2,322$650
39 years$15,031$9,596$5,928$3,568$2,106$566
40 years$14,492$9,130$5,556$3,291$1,910$493
41 years$13,981$8,690$5,210$3,036$1,733$429
42 years$13,495$8,277$4,887$2,802$1,572$374
43 years$13,034$7,886$4,586$2,587$1,427$325
44 years$12,594$7,517$4,305$2,388$1,295$283
45 years$12,176$7,168$4,042$2,206$1,176$247
46 years$11,776$6,838$3,796$2,037$1,068$215
47 years$11,395$6,526$3,567$1,882$969$187
48 years$11,031$6,230$3,352$1,739$880$163
49 years$10,683$5,949$3,150$1,607$800$142
50 years$10,349$5,683$2,962$1,486$726$124

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $10,600,000, adding $2,337 every year, while hoping to spend $35,996 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: 56/19/25 Blend
39$10,600,000$10,600,000$10,600,000$10,600,000
40$11,683,611$11,121,811$10,957,511$12,257,844
41$12,837,039$11,628,480$11,286,288$13,158,626
42$14,106,912$12,158,769$11,624,872$14,135,553
43$15,505,066$12,713,799$11,973,555$15,199,189
44$17,044,549$13,294,741$12,332,636$16,357,896
45$18,739,735$13,902,825$12,702,421$17,620,869
46$20,606,464$14,539,340$13,083,228$18,998,222
47$22,662,191$15,205,635$13,475,384$20,501,079
48$24,926,148$15,903,125$13,879,223$22,141,681
49$27,419,531$16,633,294$14,295,092$23,933,489
50$30,165,692$17,397,694$14,723,347$25,891,319
51$33,190,367$18,197,955$15,164,353$28,031,470
52$36,521,913$19,035,784$15,618,488$30,371,882
53$40,191,581$19,912,970$16,086,140$32,932,295
54$44,233,804$20,831,387$16,567,707$35,734,438
55$48,686,528$21,793,001$17,063,602$38,802,224
56$53,591,568$22,799,872$17,574,246$42,161,979
57$58,995,000$23,854,159$18,100,076$45,842,680
58$64,947,602$24,958,124$18,641,540$49,876,230
59$71,505,324$26,114,139$19,199,099$54,297,749
60$78,729,826$27,324,691$19,773,228$59,145,907
61$86,689,052$28,592,385$20,364,415$64,463,279
62$95,457,877$29,919,952$20,973,163$70,296,747
63$105,118,807$31,310,257$21,599,991$76,697,931
64$115,762,765$32,766,299$22,245,431$83,723,678
65$127,489,945$34,291,226$22,910,030$91,436,589
66$140,410,757$35,888,334$23,594,355$99,905,603
67$154,646,873$37,561,081$24,298,984$109,206,645
68$170,332,371$39,313,091$25,024,517$119,423,333
69$187,615,002$41,148,161$25,771,567$130,647,766
70$206,657,587$43,070,276$26,540,769$142,981,380
71$227,639,549$45,083,608$27,332,774$156,535,902
72$250,758,613$47,192,534$28,148,251$171,434,397
73$276,232,666$49,401,643$28,987,892$187,812,420
74$304,301,817$51,715,743$29,852,406$205,819,291
75$335,230,665$54,139,877$30,742,524$225,619,490
76$369,310,792$56,679,330$31,658,998$247,394,210
77$406,863,520$59,339,644$32,602,601$271,343,047
78$448,242,942$62,126,629$33,574,131$297,685,885
79$493,839,264$65,046,376$34,574,406$326,664,952
80$544,082,490$68,105,270$35,604,270$358,547,104
81$599,446,481$71,310,005$36,664,591$393,626,329
82$660,453,429$74,667,602$37,756,261$432,226,511
83$727,678,782$78,185,418$38,880,199$474,704,476
84$801,756,683$81,871,168$40,037,351$521,453,349
85$883,385,951$85,732,943$41,228,689$572,906,248
86$973,336,683$89,779,222$42,455,215$629,540,364
87$1,072,457,519$94,018,897$43,717,959$691,881,450
88$1,181,683,655$98,461,293$45,017,980$760,508,766
89$1,302,045,675$103,116,183$46,356,369$836,060,535
90$1,434,679,274$107,993,816$47,734,248$919,239,953
91$1,580,835,987$113,104,940$49,152,771$1,010,821,805
92$1,741,894,996$118,460,820$50,613,128$1,111,659,766
93$1,919,376,156$124,073,271$52,116,538$1,222,694,440
94$2,114,954,343$129,954,681$53,664,261$1,344,962,220
95$2,330,475,262$136,118,036$55,257,590$1,479,605,052
96$2,567,972,876$142,576,957$56,897,857$1,627,881,192
97$2,829,688,604$149,345,723$58,586,430$1,791,177,067
98$3,118,092,485$156,439,307$60,324,718$1,971,020,335
99$3,435,906,495$163,873,409$62,114,173$2,169,094,286
100$3,786,130,244$171,664,492$63,956,284$2,387,253,708