Can I retire at age 40 with 10,700,000?

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 $10,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$883,596$875,725$868,047$860,552$853,233$825,590
2 years$437,424$429,277$421,382$413,727$406,301$378,711
3 years$288,719$280,537$272,662$265,079$257,774$231,102
4 years$214,381$206,225$198,428$190,974$183,847$158,298
5 years$169,790$161,683$153,988$146,687$139,757$115,399
6 years$140,073$132,026$124,445$117,306$110,585$87,438
7 years$118,854$110,875$103,415$96,444$89,935$67,997
8 years$102,948$95,041$87,704$80,905$74,610$53,865
9 years$90,582$82,750$75,539$68,913$62,833$43,257
10 years$80,696$72,940$65,857$59,403$53,536$35,100
11 years$72,612$64,934$57,979$51,699$46,043$28,711
12 years$65,881$58,281$51,455$45,347$39,900$23,635
13 years$60,189$52,669$45,972$40,034$34,794$19,555
14 years$55,315$47,875$41,306$35,538$30,500$16,246
15 years$51,094$43,735$37,294$31,694$26,854$13,542
16 years$47,405$40,126$33,812$28,378$23,734$11,319
17 years$44,153$36,954$30,768$25,498$21,044$9,482
18 years$41,266$34,147$28,087$22,979$18,712$7,958
19 years$38,685$31,648$25,712$20,763$16,678$6,690
20 years$36,366$29,408$23,597$18,805$14,897$5,631
21 years$34,270$27,393$21,705$17,067$13,331$4,744
22 years$32,367$25,570$20,005$15,518$11,950$4,001
23 years$30,633$23,915$18,471$14,132$10,727$3,377
24 years$29,045$22,407$17,082$12,889$9,641$2,852
25 years$27,586$21,028$15,822$11,771$8,676$2,410
26 years$26,242$19,763$14,674$10,763$7,815$2,037
27 years$25,000$18,599$13,626$9,852$7,046$1,723
28 years$23,848$17,526$12,667$9,026$6,357$1,457
29 years$22,778$16,534$11,788$8,277$5,741$1,233
30 years$21,781$15,614$10,980$7,596$5,187$1,044
31 years$20,850$14,761$10,236$6,977$4,690$884
32 years$19,979$13,967$9,551$6,412$4,242$748
33 years$19,162$13,227$8,917$5,896$3,839$634
34 years$18,395$12,536$8,332$5,425$3,476$537
35 years$17,674$11,890$7,790$4,994$3,148$454
36 years$16,994$11,285$7,287$4,599$2,852$385
37 years$16,353$10,718$6,821$4,238$2,585$326
38 years$15,746$10,186$6,387$3,906$2,344$276
39 years$15,172$9,686$5,984$3,602$2,125$234
40 years$14,629$9,216$5,609$3,322$1,928$198
41 years$14,113$8,772$5,259$3,065$1,749$168
42 years$13,623$8,355$4,933$2,828$1,587$142
43 years$13,157$7,960$4,629$2,611$1,440$121
44 years$12,713$7,588$4,345$2,411$1,307$102
45 years$12,290$7,236$4,080$2,226$1,187$87
46 years$11,887$6,903$3,832$2,057$1,078$73
47 years$11,503$6,587$3,600$1,900$979$62
48 years$11,135$6,288$3,383$1,756$889$53
49 years$10,783$6,005$3,180$1,623$807$45
50 years$10,447$5,736$2,990$1,500$733$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $10,700,000, adding $3,870 every year, while hoping to spend $45,864 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: 53/23/24 Blend
39$10,700,000$10,700,000$10,700,000$10,700,000
40$11,795,392$11,228,292$11,062,442$12,341,902
41$12,949,723$11,729,679$11,384,235$13,220,761
42$14,220,259$12,254,097$11,715,271$14,171,579
43$15,618,803$12,802,627$12,055,810$15,205,341
44$17,158,364$13,376,398$12,406,123$16,329,982
45$18,853,273$13,976,597$12,766,484$17,554,228
46$20,719,322$14,604,466$13,137,176$18,887,673
47$22,773,914$15,261,305$13,518,492$20,340,867
48$25,036,222$15,948,478$13,910,731$21,925,411
49$27,527,375$16,667,413$14,314,199$23,654,068
50$30,270,657$17,419,605$14,729,214$25,540,875
51$33,291,721$18,206,623$15,156,100$27,601,275
52$36,618,837$19,030,108$15,595,190$29,852,259
53$40,283,157$19,891,782$16,046,827$32,312,521
54$44,319,008$20,793,448$16,511,365$35,002,632
55$48,764,214$21,736,995$16,989,163$37,945,231
56$53,660,459$22,724,402$17,480,595$41,165,232
57$59,053,673$23,757,746$17,986,043$44,690,058
58$64,994,470$24,839,198$18,505,897$48,549,892
59$71,538,625$25,971,036$19,040,563$52,777,959
60$78,747,596$27,155,649$19,590,454$57,410,835
61$86,689,112$28,395,537$20,155,995$62,488,784
62$95,437,804$29,693,320$20,737,623$68,056,138
63$105,075,914$31,051,747$21,335,788$74,161,706
64$115,694,070$32,473,696$21,950,950$80,859,227
65$127,392,141$33,962,183$22,583,582$88,207,878
66$140,280,179$35,520,370$23,234,172$96,272,820
67$154,479,460$37,151,571$23,903,220$105,125,807
68$170,123,625$38,859,257$24,591,237$114,845,859
69$187,359,943$40,647,069$25,298,752$125,520,001
70$206,350,702$42,518,820$26,026,305$137,244,073
71$227,274,740$44,478,509$26,774,453$150,123,628
72$250,329,132$46,530,325$27,543,766$164,274,925
73$275,731,052$48,678,659$28,334,831$179,826,009
74$303,719,821$50,928,115$29,148,249$196,917,920
75$334,559,167$53,283,517$29,984,639$215,706,008
76$368,539,713$55,749,920$30,844,636$236,361,393
77$405,981,724$58,332,626$31,728,891$259,072,568
78$447,238,125$61,037,190$32,638,074$284,047,170
79$492,697,837$63,869,435$33,572,872$311,513,927
80$542,789,443$66,835,465$34,533,991$341,724,807
81$597,985,241$69,941,678$35,522,155$374,957,383
82$658,805,696$73,194,780$36,538,107$411,517,441
83$725,824,355$76,601,802$37,582,611$451,741,852
84$799,673,262$80,170,113$38,656,452$496,001,741
85$881,048,925$83,907,439$39,760,432$544,705,975
86$970,718,888$87,821,876$40,895,380$598,305,004
87$1,069,528,981$91,921,914$42,062,142$657,295,102
88$1,178,411,302$96,216,453$43,261,588$722,223,034
89$1,298,393,016$100,714,820$44,494,613$793,691,199
90$1,430,606,053$105,426,796$45,762,132$872,363,299
91$1,576,297,794$110,362,633$47,065,087$958,970,587
92$1,736,842,845$115,533,078$48,404,444$1,054,318,749
93$1,913,756,016$120,949,400$49,781,193$1,159,295,489
94$2,108,706,619$126,623,410$51,196,352$1,274,878,888
95$2,323,534,230$132,567,492$52,650,965$1,402,146,617
96$2,560,266,052$138,794,630$54,146,103$1,542,286,082
97$2,821,136,056$145,318,434$55,682,865$1,696,605,615
98$3,108,606,072$152,153,175$57,262,379$1,866,546,793
99$3,425,389,025$159,313,814$58,885,802$2,053,698,026
100$3,774,474,550$166,816,036$60,554,321$2,259,809,520