Can I retire at age 40 with 10,900,000?

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 $10,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$900,112$892,094$884,272$876,637$869,181$843,047
2 years$445,600$437,301$429,258$421,460$413,896$387,786
3 years$294,116$285,781$277,758$270,033$262,593$237,326
4 years$218,389$210,079$202,137$194,544$187,283$163,053
5 years$172,964$164,705$156,867$149,428$142,370$119,243
6 years$142,691$134,494$126,772$119,499$112,652$90,648
7 years$121,076$112,948$105,348$98,247$91,616$70,735
8 years$104,872$96,817$89,343$82,417$76,005$56,232
9 years$92,275$84,297$76,951$70,201$64,007$45,323
10 years$82,204$74,303$67,088$60,514$54,537$36,915
11 years$73,969$66,148$59,063$52,665$46,904$30,313
12 years$67,112$59,371$52,417$46,194$40,646$25,053
13 years$61,314$53,654$46,831$40,783$35,444$20,813
14 years$56,349$48,770$42,078$36,202$31,070$17,363
15 years$52,049$44,552$37,991$32,286$27,356$14,535
16 years$48,291$40,876$34,444$28,909$24,178$12,201
17 years$44,978$37,645$31,343$25,974$21,438$10,266
18 years$42,037$34,786$28,612$23,408$19,061$8,655
19 years$39,408$32,239$26,193$21,151$16,990$7,308
20 years$37,046$29,958$24,039$19,156$15,176$6,180
21 years$34,911$27,905$22,111$17,386$13,580$5,231
22 years$32,972$26,048$20,379$15,808$12,173$4,432
23 years$31,205$24,362$18,816$14,396$10,927$3,759
24 years$29,588$22,826$17,402$13,130$9,822$3,189
25 years$28,102$21,421$16,117$11,991$8,838$2,708
26 years$26,733$20,132$14,948$10,964$7,961$2,300
27 years$25,467$18,947$13,881$10,036$7,177$1,955
28 years$24,294$17,853$12,904$9,195$6,476$1,662
29 years$23,203$16,843$12,008$8,432$5,848$1,413
30 years$22,188$15,906$11,185$7,738$5,284$1,202
31 years$21,239$15,037$10,428$7,107$4,777$1,023
32 years$20,352$14,228$9,729$6,532$4,321$870
33 years$19,520$13,474$9,084$6,006$3,911$741
34 years$18,739$12,770$8,488$5,526$3,541$630
35 years$18,004$12,112$7,935$5,087$3,207$537
36 years$17,312$11,496$7,423$4,685$2,906$457
37 years$16,658$10,919$6,948$4,317$2,634$389
38 years$16,041$10,377$6,507$3,979$2,388$331
39 years$15,456$9,867$6,096$3,669$2,165$282
40 years$14,902$9,388$5,714$3,384$1,964$240
41 years$14,376$8,936$5,358$3,122$1,782$204
42 years$13,877$8,511$5,026$2,881$1,617$174
43 years$13,403$8,109$4,716$2,660$1,467$148
44 years$12,951$7,730$4,427$2,456$1,332$126
45 years$12,520$7,371$4,157$2,268$1,209$108
46 years$12,110$7,032$3,904$2,095$1,098$92
47 years$11,718$6,710$3,668$1,936$997$78
48 years$11,343$6,406$3,447$1,789$905$66
49 years$10,985$6,117$3,240$1,653$822$57
50 years$10,642$5,843$3,046$1,528$747$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $10,900,000, adding $3,221 every year, while hoping to spend $39,699 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: 67/15/18 Blend
39$10,900,000$10,900,000$10,900,000$10,900,000
40$12,015,122$11,437,422$11,268,472$12,766,926
41$13,198,426$11,955,617$11,603,727$13,788,235
42$14,501,095$12,497,872$11,948,882$14,899,690
43$15,935,264$13,065,325$12,304,227$16,114,100
44$17,514,303$13,659,168$12,670,060$17,441,580
45$19,252,944$14,280,649$13,046,689$18,893,262
46$21,167,419$14,931,076$13,434,428$20,481,395
47$23,275,618$15,611,820$13,833,603$22,219,462
48$25,597,249$16,324,319$14,244,548$24,122,307
49$28,154,035$17,070,076$14,667,606$26,206,265
50$30,969,907$17,850,670$15,103,131$28,489,323
51$34,071,239$18,667,755$15,551,488$30,991,280
52$37,487,092$19,523,062$16,013,050$33,733,937
53$41,249,492$20,418,408$16,488,203$36,741,295
54$45,393,725$21,355,695$16,977,343$40,039,783
55$49,958,679$22,336,918$17,480,878$43,658,502
56$54,987,204$23,364,167$17,999,228$47,629,497
57$60,526,521$24,439,633$18,532,823$51,988,058
58$66,628,662$25,565,611$19,082,109$56,773,048
59$73,350,967$26,744,507$19,647,541$62,027,266
60$80,756,622$27,978,844$20,229,590$67,797,848
61$88,915,255$29,271,266$20,828,739$74,136,712
62$97,903,595$30,624,541$21,445,486$81,101,036
63$107,806,193$32,041,576$22,080,341$88,753,802
64$118,716,225$33,525,412$22,733,832$97,164,380
65$130,736,363$35,079,242$23,406,499$106,409,183
66$143,979,756$36,706,408$24,098,900$116,572,380
67$158,571,085$38,410,416$24,811,608$127,746,688
68$174,647,750$40,194,940$25,545,211$140,034,244
69$192,361,160$42,063,832$26,300,315$153,547,557
70$211,878,168$44,021,130$27,077,545$168,410,572
71$233,382,640$46,071,064$27,877,542$184,759,831
72$257,077,194$48,218,071$28,700,964$202,745,757
73$283,185,113$50,466,801$29,548,491$222,534,065
74$311,952,450$52,822,130$30,420,821$244,307,325
75$343,650,352$55,289,167$31,318,671$268,266,672
76$378,577,621$57,873,269$32,242,780$294,633,705
77$417,063,533$60,580,053$33,193,907$323,652,565
78$459,470,943$63,415,406$34,172,833$355,592,237
79$506,199,718$66,385,500$35,180,362$390,749,078
80$557,690,504$69,496,804$36,217,319$429,449,607
81$614,428,890$72,756,102$37,284,554$472,053,580
82$676,949,991$76,170,505$38,382,941$518,957,375
83$745,843,499$79,747,469$39,513,378$570,597,726
84$821,759,250$83,494,809$40,676,791$627,455,835
85$905,413,359$87,420,720$41,874,128$690,061,905
86$997,594,979$91,533,793$43,106,369$759,000,134
87$1,099,173,752$95,843,033$44,374,517$834,914,217
88$1,211,108,018$100,357,886$45,679,607$918,513,414
89$1,334,453,864$105,088,250$47,022,702$1,010,579,231
90$1,470,375,090$110,044,506$48,404,894$1,111,972,787
91$1,620,154,200$115,237,537$49,827,309$1,223,642,927
92$1,785,204,505$120,678,754$51,291,100$1,346,635,167
93$1,967,083,471$126,380,119$52,797,459$1,482,101,549
94$2,167,507,417$132,354,177$54,347,605$1,631,311,502
95$2,388,367,720$138,614,078$55,942,797$1,795,663,810
96$2,631,748,672$145,173,613$57,584,325$1,976,699,799
97$2,899,947,156$152,047,239$59,273,520$2,176,117,872
98$3,195,494,329$159,250,117$61,011,746$2,395,789,525
99$3,521,179,520$166,798,142$62,800,408$2,637,776,992
100$3,880,076,560$174,707,980$64,640,951$2,904,352,699