Can I retire at age 40 with 11,000,000?

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 $11,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$908,370$900,278$892,384$884,679$877,155$842,353
2 years$449,688$441,313$433,196$425,327$417,693$383,062
3 years$296,814$288,403$280,307$272,511$265,002$231,632
4 years$220,392$212,007$203,991$196,329$189,001$157,147
5 years$174,551$166,216$158,306$150,799$143,676$113,418
6 years$144,000$135,728$127,935$120,595$113,686$85,044
7 years$122,187$113,984$106,314$99,148$92,457$65,420
8 years$105,834$97,705$90,163$83,173$76,702$51,243
9 years$93,122$85,070$77,657$70,845$64,594$40,675
10 years$82,958$74,985$67,703$61,069$55,037$32,610
11 years$74,648$66,755$59,605$53,148$47,334$26,347
12 years$67,728$59,915$52,898$46,618$41,019$21,416
13 years$61,877$54,146$47,261$41,157$35,769$17,490
14 years$56,866$49,217$42,464$36,534$31,355$14,339
15 years$52,527$44,961$38,339$32,582$27,607$11,792
16 years$48,734$41,251$34,760$29,174$24,400$9,721
17 years$45,391$37,990$31,630$26,213$21,634$8,031
18 years$42,423$35,105$28,874$23,623$19,236$6,645
19 years$39,770$32,535$26,433$21,345$17,146$5,506
20 years$37,386$30,233$24,259$19,332$15,315$4,567
21 years$35,231$28,161$22,314$17,545$13,705$3,792
22 years$33,275$26,287$20,566$15,953$12,285$3,151
23 years$31,491$24,586$18,989$14,528$11,027$2,620
24 years$29,859$23,035$17,561$13,251$9,912$2,179
25 years$28,360$21,617$16,265$12,101$8,919$1,814
26 years$26,978$20,317$15,085$11,065$8,034$1,510
27 years$25,701$19,121$14,008$10,128$7,243$1,257
28 years$24,517$18,017$13,022$9,279$6,536$1,047
29 years$23,416$16,997$12,118$8,509$5,902$873
30 years$22,391$16,052$11,288$7,809$5,332$727
31 years$21,434$15,175$10,523$7,172$4,821$606
32 years$20,539$14,358$9,818$6,592$4,361$505
33 years$19,699$13,597$9,167$6,061$3,947$421
34 years$18,911$12,887$8,565$5,577$3,573$351
35 years$18,169$12,223$8,008$5,134$3,236$293
36 years$17,471$11,602$7,491$4,728$2,932$244
37 years$16,811$11,019$7,012$4,357$2,658$204
38 years$16,188$10,472$6,566$4,016$2,409$170
39 years$15,598$9,958$6,152$3,702$2,185$142
40 years$15,039$9,474$5,766$3,415$1,982$118
41 years$14,508$9,018$5,407$3,151$1,798$98
42 years$14,005$8,589$5,072$2,908$1,632$82
43 years$13,526$8,183$4,759$2,684$1,481$68
44 years$13,070$7,801$4,467$2,478$1,344$57
45 years$12,635$7,439$4,195$2,289$1,220$48
46 years$12,221$7,096$3,940$2,114$1,108$40
47 years$11,825$6,772$3,701$1,953$1,006$33
48 years$11,447$6,465$3,478$1,805$914$28
49 years$11,086$6,173$3,269$1,668$830$23
50 years$10,740$5,897$3,074$1,542$754$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $11,000,000, adding $4,979 every year, while hoping to spend $29,638 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: 53/29/18 Blend
39$11,000,000$11,000,000$11,000,000$11,000,000
40$12,127,136$11,544,136$11,373,636$12,710,272
41$13,332,569$12,078,264$11,723,118$13,644,544
42$14,659,963$12,637,571$12,083,315$14,657,049
43$16,121,727$13,223,259$12,454,553$15,758,117
44$17,731,534$13,836,590$12,837,171$16,956,179
45$19,504,450$14,478,883$13,231,517$18,260,502
46$21,457,080$15,151,524$13,637,948$19,681,271
47$23,607,718$15,855,964$14,056,835$21,229,682
48$25,976,525$16,593,726$14,488,559$22,918,044
49$28,585,715$17,366,403$14,933,510$24,759,890
50$31,459,770$18,175,669$15,392,095$26,770,103
51$34,625,666$19,023,276$15,864,729$28,965,048
52$38,113,128$19,911,061$16,351,842$31,362,726
53$41,954,914$20,840,950$16,853,876$33,982,938
54$46,187,121$21,814,963$17,371,287$36,847,467
55$50,849,527$22,835,215$17,904,544$39,980,275
56$55,985,965$23,903,926$18,454,132$43,407,729
57$61,644,737$25,023,423$19,020,550$47,158,842
58$67,879,073$26,196,143$19,604,311$51,265,540
59$74,747,628$27,424,644$20,205,945$55,762,957
60$82,315,039$28,711,605$20,825,997$60,689,763
61$90,652,536$30,059,837$21,465,031$66,088,520
62$99,838,611$31,472,285$22,123,626$72,006,075
63$109,959,760$32,952,037$22,802,378$78,493,999
64$121,111,301$34,502,332$23,501,903$85,609,061
65$133,398,272$36,126,565$24,222,835$93,413,763
66$146,936,423$37,828,294$24,965,827$101,976,913
67$161,853,308$39,611,250$25,731,553$111,374,270
68$178,289,491$41,479,347$26,520,705$121,689,252
69$196,399,870$43,436,686$27,333,999$133,013,709
70$216,355,140$45,487,567$28,172,171$145,448,784
71$238,343,406$47,636,499$29,035,981$159,105,853
72$262,571,956$49,888,210$29,926,209$174,107,570
73$289,269,220$52,247,657$30,843,662$190,589,008
74$318,686,926$54,720,038$31,789,169$208,698,928
75$351,102,473$57,310,800$32,763,587$228,601,164
76$386,821,554$60,025,659$33,767,797$250,476,163
77$426,181,041$62,870,604$34,802,706$274,522,669
78$469,552,161$65,851,918$35,869,251$300,959,585
79$517,344,007$68,976,187$36,968,396$330,028,031
80$570,007,392$72,250,317$38,101,134$361,993,594
81$628,039,114$75,681,550$39,268,490$397,148,827
82$691,986,636$79,277,479$40,471,517$435,815,989
83$762,453,263$83,046,065$41,711,303$478,350,069
84$840,103,832$86,995,658$42,988,967$525,142,122
85$925,670,989$91,135,012$44,305,664$576,622,933
86$1,019,962,108$95,473,305$45,662,582$633,267,073
87$1,123,866,910$100,020,165$47,060,946$695,597,348
88$1,238,365,866$104,785,684$48,502,018$764,189,716
89$1,364,539,447$109,780,445$49,987,099$839,678,701
90$1,503,578,333$115,015,549$51,517,528$922,763,356
91$1,656,794,644$120,502,632$53,094,687$1,014,213,837
92$1,825,634,335$126,253,899$54,719,997$1,114,878,644
93$2,011,690,844$132,282,147$56,394,923$1,225,692,608
94$2,216,720,134$138,600,796$58,120,977$1,347,685,679
95$2,442,657,272$145,223,919$59,899,714$1,481,992,624
96$2,691,634,696$152,166,272$61,732,736$1,629,863,703
97$2,966,002,347$159,443,333$63,621,696$1,792,676,437
98$3,268,349,858$167,071,328$65,568,294$1,971,948,582
99$3,601,530,997$175,067,275$67,574,285$2,169,352,412
100$3,968,690,609$183,449,022$69,641,473$2,386,730,471