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%17.8%
1 years$875,338$867,541$859,934$852,509$845,259$818,529
2 years$433,336$425,265$417,444$409,860$402,504$375,817
3 years$286,021$277,916$270,114$262,601$255,365$229,557
4 years$212,378$204,297$196,574$189,189$182,129$157,398
5 years$168,204$160,172$152,549$145,316$138,451$114,864
6 years$138,764$130,792$123,282$116,210$109,552$87,129
7 years$117,743$109,839$102,448$95,543$89,095$67,834
8 years$101,985$94,152$86,884$80,148$73,913$53,799
9 years$89,736$81,977$74,833$68,269$62,245$43,256
10 years$79,942$72,258$65,241$58,848$53,036$35,144
11 years$71,933$64,327$57,438$51,216$45,613$28,784
12 years$65,265$57,737$50,974$44,923$39,527$23,726
13 years$59,627$52,177$45,542$39,660$34,468$19,658
14 years$54,798$47,428$40,920$35,206$30,215$16,354
15 years$50,617$43,326$36,945$31,398$26,603$13,651
16 years$46,962$39,751$33,496$28,113$23,512$11,427
17 years$43,741$36,609$30,480$25,259$20,848$9,586
18 years$40,880$33,828$27,824$22,764$18,537$8,058
19 years$38,324$31,352$25,472$20,569$16,522$6,784
20 years$36,026$29,134$23,377$18,629$14,758$5,718
21 years$33,950$27,137$21,502$16,907$13,207$4,826
22 years$32,065$25,331$19,818$15,373$11,838$4,076
23 years$30,346$23,692$18,298$14,000$10,626$3,446
24 years$28,773$22,198$16,923$12,769$9,551$2,915
25 years$27,328$20,831$15,674$11,661$8,595$2,467
26 years$25,997$19,578$14,537$10,662$7,742$2,089
27 years$24,766$18,425$13,499$9,760$6,980$1,769
28 years$23,625$17,362$12,549$8,942$6,298$1,499
29 years$22,565$16,379$11,678$8,200$5,687$1,271
30 years$21,577$15,468$10,877$7,525$5,139$1,077
31 years$20,655$14,623$10,141$6,912$4,646$913
32 years$19,792$13,836$9,461$6,352$4,202$775
33 years$18,983$13,103$8,834$5,841$3,803$657
34 years$18,223$12,419$8,254$5,374$3,443$557
35 years$17,509$11,779$7,717$4,947$3,119$473
36 years$16,835$11,180$7,219$4,556$2,826$401
37 years$16,200$10,618$6,757$4,198$2,561$340
38 years$15,599$10,091$6,328$3,869$2,322$289
39 years$15,031$9,596$5,928$3,568$2,106$245
40 years$14,492$9,130$5,556$3,291$1,910$208
41 years$13,981$8,690$5,210$3,036$1,733$177
42 years$13,495$8,277$4,887$2,802$1,572$150
43 years$13,034$7,886$4,586$2,587$1,427$127
44 years$12,594$7,517$4,305$2,388$1,295$108
45 years$12,176$7,168$4,042$2,206$1,176$92
46 years$11,776$6,838$3,796$2,037$1,068$78
47 years$11,395$6,526$3,567$1,882$969$66
48 years$11,031$6,230$3,352$1,739$880$56
49 years$10,683$5,949$3,150$1,607$800$48
50 years$10,349$5,683$2,962$1,486$726$40

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 $5,210 every year, while hoping to spend $39,779 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: 48/46/6 Blend
39$10,600,000$10,600,000$10,600,000$10,600,000
40$11,686,574$11,124,774$10,960,474$12,229,143
41$12,836,280$11,627,563$11,285,325$13,103,558
42$14,101,923$12,153,656$11,619,726$14,047,727
43$15,495,286$12,704,153$11,963,954$15,071,843
44$17,029,354$13,280,204$12,318,295$16,183,349
45$18,718,433$13,883,020$12,683,043$17,390,412
46$20,578,289$14,513,864$13,058,501$18,702,002
47$22,626,294$15,174,062$13,444,980$20,127,967
48$24,881,589$15,865,004$13,842,800$21,679,122
49$27,365,268$16,588,146$14,252,290$23,367,348
50$30,100,573$17,345,013$14,673,790$25,205,697
51$33,113,117$18,137,204$15,107,647$27,208,509
52$36,431,122$18,966,395$15,554,221$29,391,544
53$40,085,689$19,834,341$16,013,880$31,772,124
54$44,111,087$20,742,881$16,487,003$34,369,286
55$48,545,081$21,693,945$16,973,980$37,203,962
56$53,429,284$22,689,553$17,475,213$40,299,163
57$58,809,552$23,731,823$17,991,114$43,680,194
58$64,736,418$24,822,974$18,522,108$47,374,881
59$71,265,566$25,965,332$19,068,632$51,413,828
60$78,458,356$27,161,336$19,631,134$55,830,699
61$86,382,408$28,413,542$20,210,076$60,662,521
62$95,112,235$29,724,626$20,805,934$65,950,032
63$104,729,946$31,097,396$21,419,196$71,738,049
64$115,326,026$32,534,794$22,050,365$78,075,887
65$127,000,185$34,039,903$22,699,957$85,017,807
66$139,862,303$35,615,957$23,368,504$92,623,524
67$154,033,461$37,266,343$24,056,553$100,958,756
68$169,647,092$38,994,611$24,764,665$110,095,830
69$186,850,232$40,804,484$25,493,418$120,114,356
70$205,804,916$42,699,864$26,243,408$131,101,962
71$226,689,700$44,684,840$27,015,245$143,155,111
72$249,701,352$46,763,699$27,809,558$156,379,991
73$275,056,705$48,940,936$28,626,993$170,893,507
74$302,994,708$51,221,260$29,468,216$186,824,370
75$333,778,676$53,609,610$30,333,910$204,314,286
76$367,698,783$56,111,163$31,224,777$223,519,289
77$405,074,792$58,731,344$32,141,541$244,611,184
78$446,259,083$61,475,841$33,084,945$267,779,156
79$491,639,971$64,350,619$34,055,752$293,231,535
80$541,645,378$67,361,929$35,054,749$321,197,738
81$596,746,867$70,516,324$36,082,744$351,930,418
82$657,464,098$73,820,675$37,140,566$385,707,821
83$724,369,732$77,282,184$38,229,071$422,836,389
84$798,094,836$80,908,402$39,349,136$463,653,631
85$879,334,841$84,707,246$40,501,664$508,531,278
86$968,856,108$88,687,014$41,687,584$557,878,768
87$1,067,503,162$92,856,409$42,907,848$612,147,077
88$1,176,206,663$97,224,551$44,163,439$671,832,952
89$1,295,992,193$101,801,004$45,455,365$737,483,561
90$1,427,989,940$106,595,797$46,784,663$809,701,632
91$1,573,445,362$111,619,440$48,152,398$889,151,102
92$1,733,730,952$116,882,955$49,559,667$976,563,352
93$1,910,359,189$122,397,899$51,007,595$1,072,744,067
94$2,104,996,817$128,176,387$52,497,340$1,178,580,810
95$2,319,480,585$134,231,123$54,030,093$1,295,051,349
96$2,555,834,581$140,575,424$55,607,078$1,423,232,850
97$2,816,289,344$147,223,256$57,229,551$1,564,311,995
98$3,103,302,922$154,189,260$58,898,806$1,719,596,140
99$3,419,584,075$161,488,788$60,616,170$1,890,525,601
100$3,768,117,849$169,137,938$62,383,011$2,078,687,200