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

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 $10,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$875,338$867,541$859,934$852,509$845,259$828,193
2 years$433,336$425,265$417,444$409,860$402,504$385,385
3 years$286,021$277,916$270,114$262,601$255,365$238,727
4 years$212,378$204,297$196,574$189,189$182,129$166,100
5 years$168,204$160,172$152,549$145,316$138,451$123,077
6 years$138,764$130,792$123,282$116,210$109,552$94,849
7 years$117,743$109,839$102,448$95,543$89,095$75,067
8 years$101,985$94,152$86,884$80,148$73,913$60,556
9 years$89,736$81,977$74,833$68,269$62,245$49,550
10 years$79,942$72,258$65,241$58,848$53,036$40,990
11 years$71,933$64,327$57,438$51,216$45,613$34,201
12 years$65,265$57,737$50,974$44,923$39,527$28,733
13 years$59,627$52,177$45,542$39,660$34,468$24,274
14 years$54,798$47,428$40,920$35,206$30,215$20,601
15 years$50,617$43,326$36,945$31,398$26,603$17,550
16 years$46,962$39,751$33,496$28,113$23,512$14,997
17 years$43,741$36,609$30,480$25,259$20,848$12,850
18 years$40,880$33,828$27,824$22,764$18,537$11,034
19 years$38,324$31,352$25,472$20,569$16,522$9,493
20 years$36,026$29,134$23,377$18,629$14,758$8,181
21 years$33,950$27,137$21,502$16,907$13,207$7,059
22 years$32,065$25,331$19,818$15,373$11,838$6,099
23 years$30,346$23,692$18,298$14,000$10,626$5,274
24 years$28,773$22,198$16,923$12,769$9,551$4,565
25 years$27,328$20,831$15,674$11,661$8,595$3,954
26 years$25,997$19,578$14,537$10,662$7,742$3,427
27 years$24,766$18,425$13,499$9,760$6,980$2,972
28 years$23,625$17,362$12,549$8,942$6,298$2,578
29 years$22,565$16,379$11,678$8,200$5,687$2,238
30 years$21,577$15,468$10,877$7,525$5,139$1,943
31 years$20,655$14,623$10,141$6,912$4,646$1,688
32 years$19,792$13,836$9,461$6,352$4,202$1,466
33 years$18,983$13,103$8,834$5,841$3,803$1,274
34 years$18,223$12,419$8,254$5,374$3,443$1,107
35 years$17,509$11,779$7,717$4,947$3,119$963
36 years$16,835$11,180$7,219$4,556$2,826$837
37 years$16,200$10,618$6,757$4,198$2,561$728
38 years$15,599$10,091$6,328$3,869$2,322$633
39 years$15,031$9,596$5,928$3,568$2,106$551
40 years$14,492$9,130$5,556$3,291$1,910$479
41 years$13,981$8,690$5,210$3,036$1,733$417
42 years$13,495$8,277$4,887$2,802$1,572$362
43 years$13,034$7,886$4,586$2,587$1,427$315
44 years$12,594$7,517$4,305$2,388$1,295$274
45 years$12,176$7,168$4,042$2,206$1,176$239
46 years$11,776$6,838$3,796$2,037$1,068$208
47 years$11,395$6,526$3,567$1,882$969$181
48 years$11,031$6,230$3,352$1,739$880$157
49 years$10,683$5,949$3,150$1,607$800$137
50 years$10,349$5,683$2,962$1,486$726$119

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 $2,760 every year, while hoping to spend $34,935 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: 54/29/17 Blend
39$10,600,000$10,600,000$10,600,000$10,600,000
40$11,684,047$11,122,247$10,957,947$12,261,484
41$12,838,649$11,630,066$11,287,868$13,164,015
42$14,109,850$12,161,598$11,627,670$14,141,968
43$15,509,505$12,717,967$11,977,647$15,205,708
44$17,050,680$13,300,353$12,338,104$16,363,421
45$18,747,769$13,909,990$12,709,350$17,624,105
46$20,616,636$14,548,174$13,091,708$18,997,650
47$22,674,760$15,216,262$13,485,507$20,494,929
48$24,941,403$15,915,675$13,891,088$22,127,895
49$27,437,788$16,647,905$14,308,802$23,909,695
50$30,187,304$17,414,514$14,739,008$25,854,785
51$33,215,722$18,217,139$15,182,079$27,979,064
52$36,551,443$19,057,496$15,638,395$30,300,022
53$40,225,760$19,937,383$16,108,352$32,836,897
54$44,273,159$20,858,686$16,592,353$35,610,857
55$48,731,640$21,823,381$17,090,815$38,645,188
56$53,643,079$22,833,538$17,604,169$41,965,517
57$59,053,620$23,891,328$18,132,856$45,600,039
58$65,014,113$24,999,027$18,677,330$49,579,788
59$71,580,592$26,159,020$19,238,061$53,938,916
60$78,814,806$27,373,806$19,815,530$58,715,014
61$86,784,800$28,646,005$20,410,233$63,949,459
62$95,565,555$29,978,365$21,022,682$69,687,795
63$105,239,702$31,373,766$21,653,402$75,980,164
64$115,898,296$32,835,224$22,302,935$82,881,763
65$127,641,676$34,365,904$22,971,837$90,453,364
66$140,580,417$35,969,123$23,660,683$98,761,877
67$154,836,366$37,648,357$24,370,063$107,880,972
68$170,543,800$39,407,251$25,100,585$117,891,771
69$187,850,687$41,249,626$25,852,874$128,883,599
70$206,920,087$43,179,487$26,627,575$140,954,820
71$227,931,687$45,201,033$27,425,350$154,213,758
72$251,083,501$47,318,666$28,246,881$168,779,707
73$276,593,738$49,537,000$29,092,872$184,784,044
74$304,702,861$51,860,874$29,964,044$202,371,464
75$335,675,855$54,295,360$30,861,142$221,701,328
76$369,804,734$56,845,774$31,784,932$242,949,161
77$407,411,292$59,517,692$32,736,203$266,308,289
78$448,850,143$62,316,958$33,715,764$291,991,657
79$494,512,068$65,249,700$34,724,453$320,233,822
80$544,827,704$68,322,340$35,763,127$351,293,155
81$600,271,610$71,541,615$36,832,673$385,454,258
82$661,366,747$74,914,587$37,934,000$423,030,645
83$728,689,412$78,448,658$39,068,045$464,367,675
84$802,874,680$82,151,591$40,235,773$509,845,801
85$884,622,404$86,031,525$41,438,178$559,884,141
86$974,703,812$90,096,993$42,676,280$614,944,413
87$1,073,968,796$94,356,941$43,951,130$675,535,278
88$1,183,353,932$98,820,750$45,263,812$742,217,117
89$1,303,891,322$103,498,256$46,615,439$815,607,303
90$1,436,718,338$108,399,771$48,007,157$896,386,000
91$1,583,088,357$113,536,109$49,440,146$985,302,567
92$1,744,382,598$118,918,606$50,915,619$1,083,182,601
93$1,922,123,157$124,559,152$52,434,826$1,190,935,707
94$2,117,987,380$130,470,211$53,999,053$1,309,564,059
95$2,333,823,694$136,664,853$55,609,624$1,440,171,829
96$2,571,669,063$143,156,783$57,267,898$1,583,975,580
97$2,833,768,214$149,960,372$58,975,279$1,742,315,724
98$3,122,594,828$157,090,686$60,733,207$1,916,669,136
99$3,440,874,898$164,563,527$62,543,167$2,108,663,068
100$3,791,612,460$172,395,463$64,406,685$2,320,090,471