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

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 $10,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$900,112$892,094$884,272$876,637$869,181$865,155
2 years$445,600$437,301$429,258$421,460$413,896$409,832
3 years$294,116$285,781$277,758$270,033$262,593$258,616
4 years$218,389$210,079$202,137$194,544$187,283$183,426
5 years$172,964$164,705$156,867$149,428$142,370$138,642
6 years$142,691$134,494$126,772$119,499$112,652$109,060
7 years$121,076$112,948$105,348$98,247$91,616$88,160
8 years$104,872$96,817$89,343$82,417$76,005$72,686
9 years$92,275$84,297$76,951$70,201$64,007$60,824
10 years$82,204$74,303$67,088$60,514$54,537$51,489
11 years$73,969$66,148$59,063$52,665$46,904$43,988
12 years$67,112$59,371$52,417$46,194$40,646$37,861
13 years$61,314$53,654$46,831$40,783$35,444$32,787
14 years$56,349$48,770$42,078$36,202$31,070$28,537
15 years$52,049$44,552$37,991$32,286$27,356$24,946
16 years$48,291$40,876$34,444$28,909$24,178$21,885
17 years$44,978$37,645$31,343$25,974$21,438$19,260
18 years$42,037$34,786$28,612$23,408$19,061$16,995
19 years$39,408$32,239$26,193$21,151$16,990$15,032
20 years$37,046$29,958$24,039$19,156$15,176$13,321
21 years$34,911$27,905$22,111$17,386$13,580$11,827
22 years$32,972$26,048$20,379$15,808$12,173$10,516
23 years$31,205$24,362$18,816$14,396$10,927$9,363
24 years$29,588$22,826$17,402$13,130$9,822$8,346
25 years$28,102$21,421$16,117$11,991$8,838$7,447
26 years$26,733$20,132$14,948$10,964$7,961$6,652
27 years$25,467$18,947$13,881$10,036$7,177$5,946
28 years$24,294$17,853$12,904$9,195$6,476$5,319
29 years$23,203$16,843$12,008$8,432$5,848$4,761
30 years$22,188$15,906$11,185$7,738$5,284$4,264
31 years$21,239$15,037$10,428$7,107$4,777$3,821
32 years$20,352$14,228$9,729$6,532$4,321$3,426
33 years$19,520$13,474$9,084$6,006$3,911$3,073
34 years$18,739$12,770$8,488$5,526$3,541$2,757
35 years$18,004$12,112$7,935$5,087$3,207$2,474
36 years$17,312$11,496$7,423$4,685$2,906$2,221
37 years$16,658$10,919$6,948$4,317$2,634$1,995
38 years$16,041$10,377$6,507$3,979$2,388$1,792
39 years$15,456$9,867$6,096$3,669$2,165$1,610
40 years$14,902$9,388$5,714$3,384$1,964$1,447
41 years$14,376$8,936$5,358$3,122$1,782$1,300
42 years$13,877$8,511$5,026$2,881$1,617$1,169
43 years$13,403$8,109$4,716$2,660$1,467$1,051
44 years$12,951$7,730$4,427$2,456$1,332$945
45 years$12,520$7,371$4,157$2,268$1,209$849
46 years$12,110$7,032$3,904$2,095$1,098$764
47 years$11,718$6,710$3,668$1,936$997$687
48 years$11,343$6,406$3,447$1,789$905$618
49 years$10,985$6,117$3,240$1,653$822$556
50 years$10,642$5,843$3,046$1,528$747$500

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 $5,845 every year, while hoping to spend $43,746 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: 77/18/5 Blend
39$10,900,000$10,900,000$10,900,000$10,900,000
40$12,017,829$11,440,129$11,271,179$12,939,635
41$13,197,102$11,954,150$11,602,218$14,059,141
42$14,495,195$12,491,892$11,942,881$15,279,895
43$15,924,181$13,054,471$12,293,443$16,616,923
44$17,497,364$13,643,056$12,654,190$18,081,748
45$19,229,402$14,258,872$13,025,412$19,687,056
46$21,136,448$14,903,204$13,407,411$21,446,812
47$23,236,300$15,577,396$13,800,494$23,376,386
48$25,548,572$16,282,857$14,204,979$25,492,705
49$28,094,873$17,021,065$14,621,193$27,814,403
50$30,899,019$17,793,565$15,049,471$30,361,994
51$33,987,248$18,601,979$15,490,159$33,158,070
52$37,388,478$19,448,007$15,943,609$36,227,507
53$41,134,571$20,333,428$16,410,189$39,597,696
54$45,260,639$21,260,107$16,890,271$43,298,803
55$49,805,371$22,229,999$17,384,242$47,364,046
56$54,811,402$23,245,152$17,892,497$51,830,010
57$60,325,714$24,307,713$18,415,445$56,736,988
58$66,400,077$25,419,932$18,953,503$62,129,356
59$73,091,541$26,584,165$19,507,102$68,055,990
60$80,462,973$27,802,883$20,076,684$74,570,724
61$88,583,647$29,078,676$20,662,704$81,732,854
62$97,529,904$30,414,256$21,265,629$89,607,694
63$107,385,867$31,812,467$21,885,940$98,267,188
64$118,244,237$33,276,290$22,524,131$107,790,586
65$130,207,169$34,808,848$23,180,710$118,265,185
66$143,387,234$36,413,415$23,856,197$129,787,152
67$157,908,481$38,093,422$24,551,129$142,462,424
68$173,907,612$39,852,465$25,266,058$156,407,706
69$191,535,267$41,694,315$26,001,549$171,751,562
70$210,957,449$43,622,921$26,758,186$188,635,630
71$232,357,089$45,642,424$27,536,566$207,215,947
72$255,935,775$47,757,166$28,337,303$227,664,420
73$281,915,653$49,971,695$29,161,031$250,170,440
74$310,541,522$52,290,781$30,008,398$274,942,665
75$342,083,150$54,719,422$30,880,072$302,210,980
76$376,837,815$57,262,857$31,776,739$332,228,666
77$415,133,115$59,926,580$32,699,102$365,274,773
78$457,330,057$62,716,347$33,647,887$401,656,757
79$503,826,469$65,638,194$34,623,837$441,713,369
80$555,060,750$68,698,447$35,627,716$485,817,843
81$611,516,013$71,903,737$36,660,312$534,381,411
82$673,724,643$75,261,017$37,722,429$587,857,181
83$742,273,325$78,777,575$38,814,899$646,744,395
84$817,808,578$82,461,051$39,938,572$711,593,138
85$901,042,864$86,319,453$41,094,325$783,009,522
86$992,761,308$90,361,178$42,283,057$861,661,387
87$1,093,829,113$94,595,028$43,505,691$948,284,605
88$1,205,199,728$99,030,230$44,763,177$1,043,690,006
89$1,327,923,848$103,676,458$46,056,491$1,148,771,024
90$1,463,159,331$108,543,855$47,386,633$1,264,512,116
91$1,612,182,131$113,643,052$48,754,634$1,391,998,041
92$1,776,398,344$118,985,198$50,161,550$1,532,424,088
93$1,957,357,481$124,581,978$51,608,468$1,687,107,342
94$2,156,767,094$130,445,645$53,096,502$1,857,499,102
95$2,376,508,901$136,589,045$54,626,798$2,045,198,566
96$2,618,656,547$143,025,646$56,200,533$2,251,967,907
97$2,885,495,180$149,769,568$57,818,917$2,479,748,897
98$3,179,543,027$156,835,616$59,483,190$2,730,681,212
99$3,503,575,166$164,239,311$61,194,627$3,007,122,612
100$3,860,649,724$171,996,928$62,954,537$3,311,671,182