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

Use the below retirement simulation to view the chances of a successful retirement.
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%14.3%
1 years$891,854$883,910$876,159$868,594$861,207$845,896
2 years$441,512$433,289$425,320$417,593$410,099$394,725
3 years$291,417$283,159$275,210$267,556$260,183$245,226
4 years$216,385$208,152$200,283$192,759$185,565$171,140
5 years$171,377$163,194$155,427$148,057$141,064$127,211
6 years$141,382$133,260$125,608$118,403$111,619$98,355
7 years$119,965$111,911$104,381$97,345$90,776$78,105
8 years$103,910$95,929$88,524$81,661$75,307$63,226
9 years$91,429$83,523$76,245$69,557$63,420$51,920
10 years$81,450$73,622$66,472$59,959$54,037$43,110
11 years$73,291$65,541$58,521$52,182$46,473$36,106
12 years$66,496$58,826$51,936$45,771$40,273$30,452
13 years$60,752$53,162$46,401$40,409$35,119$25,829
14 years$55,832$48,322$41,692$35,870$30,785$22,009
15 years$51,572$44,143$37,642$31,990$27,105$18,827
16 years$47,848$40,501$34,128$28,644$23,956$16,157
17 years$44,566$37,300$31,055$25,736$21,241$13,903
18 years$41,651$34,467$28,349$23,193$18,886$11,991
19 years$39,047$31,943$25,953$20,957$16,834$10,363
20 years$36,706$29,683$23,818$18,981$15,036$8,970
21 years$34,590$27,649$21,908$17,226$13,456$7,776
22 years$32,670$25,809$20,192$15,663$12,061$6,749
23 years$30,919$24,139$18,643$14,264$10,827$5,863
24 years$29,316$22,616$17,242$13,010$9,731$5,099
25 years$27,844$21,224$15,970$11,881$8,757$4,438
26 years$26,487$19,948$14,811$10,864$7,888$3,865
27 years$25,233$18,773$13,753$9,944$7,112$3,368
28 years$24,071$17,690$12,785$9,111$6,417$2,936
29 years$22,991$16,688$11,898$8,355$5,794$2,561
30 years$21,984$15,760$11,082$7,667$5,235$2,235
31 years$21,044$14,899$10,332$7,042$4,733$1,951
32 years$20,165$14,097$9,640$6,472$4,282$1,703
33 years$19,341$13,350$9,001$5,951$3,875$1,487
34 years$18,567$12,653$8,410$5,476$3,508$1,299
35 years$17,839$12,001$7,863$5,041$3,178$1,135
36 years$17,153$11,391$7,355$4,642$2,879$992
37 years$16,505$10,819$6,884$4,277$2,609$867
38 years$15,893$10,282$6,447$3,942$2,366$758
39 years$15,314$9,777$6,040$3,635$2,145$663
40 years$14,765$9,302$5,661$3,353$1,946$579
41 years$14,245$8,854$5,309$3,093$1,765$506
42 years$13,750$8,433$4,980$2,855$1,602$443
43 years$13,280$8,035$4,673$2,635$1,454$387
44 years$12,832$7,659$4,386$2,433$1,320$339
45 years$12,405$7,303$4,118$2,247$1,198$296
46 years$11,998$6,967$3,868$2,076$1,088$259
47 years$11,610$6,649$3,634$1,918$988$227
48 years$11,239$6,347$3,415$1,772$897$198
49 years$10,884$6,061$3,210$1,638$815$173
50 years$10,545$5,790$3,018$1,514$740$152

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 $2,836 every year, while hoping to spend $47,586 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: 46/49/5 Blend
39$10,800,000$10,800,000$10,800,000$10,800,000
40$11,904,525$11,332,125$11,164,725$12,436,193
41$13,068,156$11,836,768$11,488,112$13,306,051
42$14,348,882$12,364,544$11,820,738$14,243,863
43$15,758,596$12,916,535$12,162,862$15,260,003
44$17,310,405$13,493,878$12,514,750$16,361,713
45$19,018,748$14,097,759$12,876,675$17,556,937
46$20,899,536$14,729,425$13,248,920$18,854,396
47$22,970,303$15,390,181$13,631,772$20,263,662
48$25,250,366$16,081,392$14,025,529$21,795,249
49$27,761,014$16,804,491$14,430,495$23,460,697
50$30,525,705$17,560,978$14,846,984$25,272,686
51$33,570,285$18,352,425$15,275,316$27,245,144
52$36,923,238$19,180,477$15,715,823$29,393,371
53$40,615,949$20,046,861$16,168,844$31,734,182
54$44,683,002$20,953,384$16,634,726$34,286,057
55$49,162,508$21,901,939$17,113,829$37,069,306
56$54,096,461$22,894,512$17,606,520$40,106,256
57$59,531,138$23,933,181$18,113,176$43,421,455
58$65,517,532$25,020,125$18,634,186$47,041,892
59$72,111,837$26,157,627$19,169,948$50,997,246
60$79,375,973$27,348,080$19,720,870$55,320,157
61$87,378,176$28,593,990$20,287,373$60,046,527
62$96,193,638$29,897,984$20,869,888$65,215,844
63$105,905,219$31,262,814$21,468,859$70,871,549
64$116,604,225$32,691,366$22,084,739$77,061,434
65$128,391,275$34,186,662$22,717,997$83,838,082
66$141,377,247$35,751,870$23,369,112$91,259,354
67$155,684,325$37,390,311$24,038,576$99,388,918
68$171,447,153$39,105,462$24,726,895$108,296,845
69$188,814,104$40,900,972$25,434,588$118,060,247
70$207,948,684$42,780,661$26,162,188$128,764,002
71$229,031,071$44,748,534$26,910,242$140,501,532
72$252,259,817$46,808,789$27,679,312$153,375,675
73$277,853,724$48,965,825$28,469,974$167,499,637
74$306,053,906$51,224,254$29,282,821$182,998,044
75$337,126,069$53,588,907$30,118,460$200,008,105
76$371,363,015$56,064,849$30,977,515$218,680,880
77$409,087,407$58,657,391$31,860,626$239,182,699
78$450,654,815$61,372,097$32,768,451$261,696,701
79$496,457,075$64,214,798$33,701,662$286,424,548
80$546,925,983$67,191,609$34,660,954$313,588,305
81$602,537,373$70,308,938$35,647,036$343,432,513
82$663,815,611$73,573,502$36,660,637$376,226,474
83$731,338,541$76,992,341$37,702,506$412,266,767
84$805,742,942$80,572,836$38,773,410$451,880,021
85$887,730,540$84,322,723$39,874,138$495,425,973
86$978,074,631$88,250,112$41,005,497$543,300,833
87$1,077,627,379$92,363,503$42,168,317$595,940,993
88$1,187,327,866$96,671,809$43,363,449$653,827,116
89$1,308,210,950$101,184,370$44,591,767$717,488,642
90$1,441,417,043$105,910,979$45,854,167$787,508,746
91$1,588,202,866$110,861,902$47,151,566$864,529,812
92$1,749,953,324$116,047,901$48,484,910$949,259,456
93$1,928,194,573$121,480,257$49,855,163$1,042,477,166
94$2,124,608,428$127,170,799$51,263,320$1,145,041,620
95$2,341,048,243$133,131,924$52,710,397$1,257,898,746
96$2,579,556,407$139,376,631$54,197,439$1,382,090,608
97$2,842,383,623$145,918,548$55,725,515$1,518,765,192
98$3,132,010,157$152,771,962$57,295,725$1,669,187,196
99$3,451,169,256$159,951,851$58,909,194$1,834,749,915
100$3,802,872,945$167,473,916$60,567,077$2,016,988,337