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%17.1%
1 years$891,854$883,910$876,159$868,594$861,207$836,321
2 years$441,512$433,289$425,320$417,593$410,099$385,224
3 years$291,417$283,159$275,210$267,556$260,183$236,099
4 years$216,385$208,152$200,283$192,759$185,565$162,457
5 years$171,377$163,194$155,427$148,057$141,064$118,994
6 years$141,382$133,260$125,608$118,403$111,619$90,608
7 years$119,965$111,911$104,381$97,345$90,776$70,824
8 years$103,910$95,929$88,524$81,661$75,307$56,403
9 years$91,429$83,523$76,245$69,557$63,420$45,543
10 years$81,450$73,622$66,472$59,959$54,037$37,164
11 years$73,291$65,541$58,521$52,182$46,473$30,577
12 years$66,496$58,826$51,936$45,771$40,273$25,321
13 years$60,752$53,162$46,401$40,409$35,119$21,079
14 years$55,832$48,322$41,692$35,870$30,785$17,621
15 years$51,572$44,143$37,642$31,990$27,105$14,782
16 years$47,848$40,501$34,128$28,644$23,956$12,436
17 years$44,566$37,300$31,055$25,736$21,241$10,487
18 years$41,651$34,467$28,349$23,193$18,886$8,860
19 years$39,047$31,943$25,953$20,957$16,834$7,499
20 years$36,706$29,683$23,818$18,981$15,036$6,355
21 years$34,590$27,649$21,908$17,226$13,456$5,392
22 years$32,670$25,809$20,192$15,663$12,061$4,579
23 years$30,919$24,139$18,643$14,264$10,827$3,892
24 years$29,316$22,616$17,242$13,010$9,731$3,311
25 years$27,844$21,224$15,970$11,881$8,757$2,818
26 years$26,487$19,948$14,811$10,864$7,888$2,399
27 years$25,233$18,773$13,753$9,944$7,112$2,044
28 years$24,071$17,690$12,785$9,111$6,417$1,742
29 years$22,991$16,688$11,898$8,355$5,794$1,485
30 years$21,984$15,760$11,082$7,667$5,235$1,266
31 years$21,044$14,899$10,332$7,042$4,733$1,080
32 years$20,165$14,097$9,640$6,472$4,282$921
33 years$19,341$13,350$9,001$5,951$3,875$786
34 years$18,567$12,653$8,410$5,476$3,508$671
35 years$17,839$12,001$7,863$5,041$3,178$572
36 years$17,153$11,391$7,355$4,642$2,879$488
37 years$16,505$10,819$6,884$4,277$2,609$417
38 years$15,893$10,282$6,447$3,942$2,366$356
39 years$15,314$9,777$6,040$3,635$2,145$304
40 years$14,765$9,302$5,661$3,353$1,946$259
41 years$14,245$8,854$5,309$3,093$1,765$221
42 years$13,750$8,433$4,980$2,855$1,602$189
43 years$13,280$8,035$4,673$2,635$1,454$161
44 years$12,832$7,659$4,386$2,433$1,320$138
45 years$12,405$7,303$4,118$2,247$1,198$118
46 years$11,998$6,967$3,868$2,076$1,088$100
47 years$11,610$6,649$3,634$1,918$988$86
48 years$11,239$6,347$3,415$1,772$897$73
49 years$10,884$6,061$3,210$1,638$815$63
50 years$10,545$5,790$3,018$1,514$740$53

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 $6,552 every year, while hoping to spend $41,187 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: 38/46/16 Blend
39$10,800,000$10,800,000$10,800,000$10,800,000
40$11,908,358$11,335,958$11,168,558$12,303,180
41$13,079,188$11,847,598$11,498,882$13,098,357
42$14,368,062$12,382,927$11,838,892$13,952,720
43$15,786,978$12,943,063$12,188,868$14,875,160
44$17,349,154$13,529,178$12,549,099$15,871,826
45$19,069,157$14,142,497$12,919,883$16,949,459
46$20,963,037$14,784,306$13,301,526$18,115,452
47$23,048,482$15,455,951$13,694,342$19,377,912
48$25,344,979$16,158,845$14,098,654$20,745,735
49$27,874,003$16,894,465$14,514,796$22,228,683
50$30,659,219$17,664,361$14,943,109$23,837,470
51$33,726,702$18,470,157$15,383,946$25,583,856
52$37,105,186$19,313,556$15,837,668$27,480,757
53$40,826,334$20,196,338$16,304,649$29,542,352
54$44,925,036$21,120,375$16,785,270$31,784,218
55$49,439,740$22,087,623$17,279,927$34,223,465
56$54,412,812$23,100,136$17,789,023$36,878,893
57$59,890,940$24,160,063$18,312,977$39,771,159
58$65,925,569$25,269,660$18,852,215$42,922,965
59$72,573,392$26,431,288$19,407,179$46,359,264
60$79,896,880$27,647,424$19,978,322$50,107,487
61$87,964,876$28,920,661$20,566,110$54,197,791
62$96,853,241$30,253,721$21,171,021$58,663,337
63$106,645,571$31,649,453$21,793,550$63,540,587
64$117,433,987$33,110,844$22,434,202$68,869,645
65$129,320,005$34,641,027$23,093,499$74,694,617
66$142,415,491$36,243,283$23,771,977$81,064,022
67$156,843,720$37,921,052$24,470,187$88,031,233
68$172,740,535$39,677,940$25,188,694$95,654,971
69$190,255,637$41,517,726$25,928,083$103,999,843
70$209,553,990$43,444,372$26,688,951$113,136,942
71$230,817,381$45,462,031$27,471,915$123,144,497
72$254,246,138$47,575,054$28,277,608$134,108,605
73$280,061,017$49,788,006$29,106,682$146,124,018
74$308,505,291$52,105,667$29,959,805$159,295,027
75$339,847,039$54,533,053$30,837,667$173,736,427
76$374,381,682$57,075,419$31,740,974$189,574,583
77$412,434,772$59,738,273$32,670,455$206,948,600
78$454,365,061$62,527,390$33,626,858$226,011,620
79$500,567,891$65,448,826$34,610,951$246,932,246
80$551,478,924$68,508,926$35,623,526$269,896,110
81$607,578,255$71,714,344$36,665,395$295,107,600
82$669,394,945$75,072,055$37,737,394$322,791,770
83$737,512,014$78,589,371$38,840,381$353,196,438
84$812,571,946$82,273,956$39,975,240$386,594,494
85$895,282,752$86,133,848$41,142,879$423,286,453
86$986,424,658$90,177,471$42,344,230$463,603,263
87$1,086,857,464$94,413,659$43,580,253$507,909,395
88$1,197,528,668$98,851,671$44,851,934$556,606,255
89$1,319,482,405$103,501,215$46,160,286$610,135,937
90$1,453,869,305$108,372,470$47,506,351$668,985,364
91$1,601,957,360$113,476,106$48,891,200$733,690,846
92$1,765,143,888$118,823,313$50,315,932$804,843,105
93$1,944,968,729$124,425,819$51,781,680$883,092,813
94$2,143,128,779$130,295,924$53,289,605$969,156,687
95$2,361,494,010$136,446,520$54,840,904$1,063,824,219
96$2,602,125,128$142,891,128$56,436,802$1,167,965,076
97$2,867,293,019$149,643,922$58,078,563$1,282,537,263
98$3,159,500,195$156,719,763$59,767,484$1,408,596,120
99$3,481,504,418$164,134,233$61,504,897$1,547,304,224
100$3,836,344,730$171,903,672$63,292,172$1,699,942,318