Can I retire at age 40 with 10,800,000?

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 $10,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$891,854$883,910$876,159$868,594$861,207$857,218
2 years$441,512$433,289$425,320$417,593$410,099$406,072
3 years$291,417$283,159$275,210$267,556$260,183$256,244
4 years$216,385$208,152$200,283$192,759$185,565$181,743
5 years$171,377$163,194$155,427$148,057$141,064$137,370
6 years$141,382$133,260$125,608$118,403$111,619$108,059
7 years$119,965$111,911$104,381$97,345$90,776$87,352
8 years$103,910$95,929$88,524$81,661$75,307$72,019
9 years$91,429$83,523$76,245$69,557$63,420$60,266
10 years$81,450$73,622$66,472$59,959$54,037$51,017
11 years$73,291$65,541$58,521$52,182$46,473$43,585
12 years$66,496$58,826$51,936$45,771$40,273$37,513
13 years$60,752$53,162$46,401$40,409$35,119$32,486
14 years$55,832$48,322$41,692$35,870$30,785$28,276
15 years$51,572$44,143$37,642$31,990$27,105$24,717
16 years$47,848$40,501$34,128$28,644$23,956$21,685
17 years$44,566$37,300$31,055$25,736$21,241$19,084
18 years$41,651$34,467$28,349$23,193$18,886$16,839
19 years$39,047$31,943$25,953$20,957$16,834$14,894
20 years$36,706$29,683$23,818$18,981$15,036$13,199
21 years$34,590$27,649$21,908$17,226$13,456$11,718
22 years$32,670$25,809$20,192$15,663$12,061$10,419
23 years$30,919$24,139$18,643$14,264$10,827$9,277
24 years$29,316$22,616$17,242$13,010$9,731$8,269
25 years$27,844$21,224$15,970$11,881$8,757$7,379
26 years$26,487$19,948$14,811$10,864$7,888$6,591
27 years$25,233$18,773$13,753$9,944$7,112$5,891
28 years$24,071$17,690$12,785$9,111$6,417$5,270
29 years$22,991$16,688$11,898$8,355$5,794$4,718
30 years$21,984$15,760$11,082$7,667$5,235$4,225
31 years$21,044$14,899$10,332$7,042$4,733$3,786
32 years$20,165$14,097$9,640$6,472$4,282$3,395
33 years$19,341$13,350$9,001$5,951$3,875$3,045
34 years$18,567$12,653$8,410$5,476$3,508$2,732
35 years$17,839$12,001$7,863$5,041$3,178$2,452
36 years$17,153$11,391$7,355$4,642$2,879$2,201
37 years$16,505$10,819$6,884$4,277$2,609$1,977
38 years$15,893$10,282$6,447$3,942$2,366$1,775
39 years$15,314$9,777$6,040$3,635$2,145$1,595
40 years$14,765$9,302$5,661$3,353$1,946$1,433
41 years$14,245$8,854$5,309$3,093$1,765$1,288
42 years$13,750$8,433$4,980$2,855$1,602$1,158
43 years$13,280$8,035$4,673$2,635$1,454$1,041
44 years$12,832$7,659$4,386$2,433$1,320$936
45 years$12,405$7,303$4,118$2,247$1,198$842
46 years$11,998$6,967$3,868$2,076$1,088$757
47 years$11,610$6,649$3,634$1,918$988$681
48 years$11,239$6,347$3,415$1,772$897$612
49 years$10,884$6,061$3,210$1,638$815$551
50 years$10,545$5,790$3,018$1,514$740$495

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $10,800,000, adding $5,235 every year, while hoping to spend $35,252 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: 36/34/30 Blend
39$10,800,000$10,800,000$10,800,000$10,800,000
40$11,907,000$11,334,600$11,167,200$12,228,391
41$13,084,006$11,852,487$11,503,793$12,987,125
42$14,379,885$12,394,570$11,850,481$13,802,131
43$15,806,726$12,961,996$12,207,564$14,681,356
44$17,377,846$13,555,968$12,575,352$15,630,610
45$19,107,925$14,177,749$12,954,165$16,656,264
46$21,013,134$14,828,659$13,344,330$17,765,308
47$23,111,294$15,510,085$13,746,186$18,965,410
48$25,422,044$16,223,476$14,160,081$20,264,987
49$27,967,022$16,970,357$14,586,373$21,673,279
50$30,770,074$17,752,320$15,025,432$23,200,427
51$33,857,475$18,571,037$15,477,638$24,857,569
52$37,258,180$19,428,260$15,943,381$26,656,940
53$41,004,096$20,325,826$16,423,065$28,611,977
54$45,130,380$21,265,658$16,917,104$30,737,442
55$49,675,777$22,249,773$17,425,926$33,049,559
56$54,682,980$23,280,286$17,949,969$35,566,155
57$60,199,037$24,359,413$18,489,686$38,306,825
58$66,275,792$25,489,477$19,045,542$41,293,110
59$72,970,373$26,672,912$19,618,019$44,548,692
60$80,345,737$27,912,271$20,207,608$48,099,609
61$88,471,258$29,210,228$20,814,819$51,974,496
62$97,423,385$30,569,588$21,440,175$56,204,844
63$107,286,364$31,993,291$22,084,213$60,825,291
64$118,153,028$33,484,418$22,747,490$65,873,936
65$130,125,681$35,046,198$23,430,575$71,392,695
66$143,317,058$36,682,019$24,134,056$77,427,682
67$157,851,389$38,395,430$24,858,539$84,029,636
68$173,865,577$40,190,151$25,604,645$91,254,388
69$191,510,481$42,070,084$26,373,017$99,163,378
70$210,952,351$44,039,319$27,164,313$107,824,223
71$232,374,386$46,102,141$27,979,214$117,311,344
72$255,978,474$48,263,046$28,818,417$127,706,651
73$281,987,088$50,526,746$29,682,644$139,100,309
74$310,645,393$52,898,179$30,572,635$151,591,571
75$342,223,558$55,382,524$31,489,153$165,289,702
76$377,019,304$57,985,211$32,432,983$180,314,994
77$415,360,718$60,711,931$33,404,933$196,799,887
78$457,609,348$63,568,652$34,405,835$214,890,200
79$504,163,616$66,561,630$35,436,544$234,746,492
80$555,462,579$69,697,425$36,497,943$256,545,560
81$611,990,077$72,982,913$37,590,939$280,482,086
82$674,279,294$76,425,305$38,716,465$306,770,456
83$742,917,797$80,032,161$39,875,482$335,646,765
84$818,553,082$83,811,406$41,068,980$367,371,020
85$901,898,682$87,771,350$42,297,976$402,229,575
86$993,740,908$91,920,708$43,563,519$440,537,808
87$1,094,946,272$96,268,613$44,866,688$482,643,073
88$1,206,469,662$100,824,645$46,208,592$528,927,956
89$1,329,363,362$105,598,847$47,590,374$579,813,856
90$1,464,786,983$110,601,750$49,013,211$635,764,933
91$1,614,018,414$115,844,394$50,478,312$697,292,465
92$1,778,465,881$121,338,358$51,986,924$764,959,639
93$1,959,681,243$127,095,779$53,540,328$839,386,837
94$2,159,374,645$133,129,388$55,139,844$921,257,456
95$2,379,430,660$139,452,529$56,786,830$1,011,324,326
96$2,621,926,083$146,079,198$58,482,684$1,110,416,777
97$2,889,149,534$153,024,070$60,228,845$1,219,448,432
98$3,183,623,067$160,302,530$62,026,792$1,339,425,787
99$3,508,125,979$167,930,713$63,878,048$1,471,457,671
100$3,865,721,049$175,925,538$65,784,183$1,616,765,672