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%19.5%
1 years$908,370$900,278$892,384$884,679$877,155$843,686
2 years$449,688$441,313$433,196$425,327$417,693$384,367
3 years$296,814$288,403$280,307$272,511$265,002$232,868
4 years$220,392$212,007$203,991$196,329$189,001$158,305
5 years$174,551$166,216$158,306$150,799$143,676$114,495
6 years$144,000$135,728$127,935$120,595$113,686$86,041
7 years$122,187$113,984$106,314$99,148$92,457$66,339
8 years$105,834$97,705$90,163$83,173$76,702$52,087
9 years$93,122$85,070$77,657$70,845$64,594$41,446
10 years$82,958$74,985$67,703$61,069$55,037$33,313
11 years$74,648$66,755$59,605$53,148$47,334$26,986
12 years$67,728$59,915$52,898$46,618$41,019$21,993
13 years$61,877$54,146$47,261$41,157$35,769$18,012
14 years$56,866$49,217$42,464$36,534$31,355$14,808
15 years$52,527$44,961$38,339$32,582$27,607$12,212
16 years$48,734$41,251$34,760$29,174$24,400$10,097
17 years$45,391$37,990$31,630$26,213$21,634$8,366
18 years$42,423$35,105$28,874$23,623$19,236$6,943
19 years$39,770$32,535$26,433$21,345$17,146$5,770
20 years$37,386$30,233$24,259$19,332$15,315$4,801
21 years$35,231$28,161$22,314$17,545$13,705$3,999
22 years$33,275$26,287$20,566$15,953$12,285$3,333
23 years$31,491$24,586$18,989$14,528$11,027$2,780
24 years$29,859$23,035$17,561$13,251$9,912$2,320
25 years$28,360$21,617$16,265$12,101$8,919$1,937
26 years$26,978$20,317$15,085$11,065$8,034$1,618
27 years$25,701$19,121$14,008$10,128$7,243$1,352
28 years$24,517$18,017$13,022$9,279$6,536$1,129
29 years$23,416$16,997$12,118$8,509$5,902$944
30 years$22,391$16,052$11,288$7,809$5,332$789
31 years$21,434$15,175$10,523$7,172$4,821$660
32 years$20,539$14,358$9,818$6,592$4,361$552
33 years$19,699$13,597$9,167$6,061$3,947$462
34 years$18,911$12,887$8,565$5,577$3,573$386
35 years$18,169$12,223$8,008$5,134$3,236$323
36 years$17,471$11,602$7,491$4,728$2,932$270
37 years$16,811$11,019$7,012$4,357$2,658$226
38 years$16,188$10,472$6,566$4,016$2,409$189
39 years$15,598$9,958$6,152$3,702$2,185$158
40 years$15,039$9,474$5,766$3,415$1,982$132
41 years$14,508$9,018$5,407$3,151$1,798$111
42 years$14,005$8,589$5,072$2,908$1,632$93
43 years$13,526$8,183$4,759$2,684$1,481$78
44 years$13,070$7,801$4,467$2,478$1,344$65
45 years$12,635$7,439$4,195$2,289$1,220$54
46 years$12,221$7,096$3,940$2,114$1,108$45
47 years$11,825$6,772$3,701$1,953$1,006$38
48 years$11,447$6,465$3,478$1,805$914$32
49 years$11,086$6,173$3,269$1,668$830$27
50 years$10,740$5,897$3,074$1,542$754$22

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 $2,837 every year, while hoping to spend $30,900 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: 63/20/17 Blend
39$11,000,000$11,000,000$11,000,000$11,000,000
40$12,124,926$11,541,926$11,371,426$12,837,017
41$13,328,791$12,074,603$11,719,492$13,848,577
42$14,654,415$12,632,346$12,078,182$14,949,021
43$16,114,184$13,216,350$12,447,820$16,150,033
44$17,721,748$13,827,868$12,828,738$17,461,410
45$19,492,146$14,468,213$13,221,281$18,893,930
46$21,441,953$15,138,764$13,625,802$20,459,450
47$23,589,431$15,840,961$14,042,665$22,171,016
48$25,954,704$16,576,320$14,472,245$24,042,984
49$28,559,948$17,346,423$14,914,930$26,091,148
50$31,429,599$18,152,935$15,371,117$28,332,894
51$34,590,586$18,997,597$15,841,217$30,787,355
52$38,072,582$19,882,235$16,325,653$33,475,588
53$41,908,284$20,808,763$16,824,862$36,420,772
54$46,133,726$21,779,189$17,339,291$39,648,425
55$50,788,612$22,795,616$17,869,404$43,186,635
56$55,916,698$23,860,249$18,415,677$47,066,325
57$61,566,200$24,975,400$18,978,600$51,321,541
58$67,790,250$26,143,492$19,558,681$55,989,769
59$74,647,399$27,367,066$20,156,440$61,112,282
60$82,202,167$28,648,785$20,772,414$66,734,527
61$90,525,654$29,991,442$21,407,156$72,906,551
62$99,696,211$31,397,963$22,061,236$79,683,462
63$109,800,178$32,871,417$22,735,241$87,125,951
64$120,932,702$34,415,022$23,429,777$95,300,855
65$133,198,629$36,032,149$24,145,466$104,281,783
66$146,713,501$37,726,336$24,882,951$114,149,804
67$161,604,641$39,501,290$25,642,893$124,994,209
68$178,012,357$41,360,896$26,425,973$136,913,344
69$196,091,268$43,309,231$27,232,894$150,015,533
70$216,011,760$45,350,566$28,064,378$164,420,090
71$237,961,597$47,489,380$28,921,172$180,258,444
72$262,147,691$49,730,371$29,804,042$197,675,367
73$288,798,057$52,078,461$30,713,780$216,830,332
74$318,163,968$54,538,814$31,651,200$237,899,014
75$350,522,319$57,116,842$32,617,141$261,074,934
76$386,178,249$59,818,221$33,612,469$286,571,280
77$425,468,017$62,648,901$34,638,074$314,622,910
78$468,762,179$65,615,121$35,694,873$345,488,554
79$516,469,083$68,723,424$36,783,813$379,453,253
80$569,038,726$71,980,668$37,905,867$416,831,030
81$626,967,000$75,394,045$39,062,038$457,967,851
82$690,800,378$78,971,097$40,253,360$503,244,873
83$761,141,067$82,719,731$41,480,898$553,082,030
84$838,652,696$86,648,239$42,745,749$607,941,986
85$924,066,582$90,765,313$44,049,042$668,334,488
86$1,018,188,630$95,080,070$45,391,941$734,821,161
87$1,121,906,945$99,602,069$46,775,647$808,020,798
88$1,236,200,216$104,341,332$48,201,393$888,615,182
89$1,362,146,951$109,308,371$49,670,453$977,355,508
90$1,500,935,665$114,514,205$51,184,137$1,075,069,457
91$1,653,876,093$119,970,392$52,743,796$1,182,668,988
92$1,822,411,562$125,689,048$54,350,821$1,301,158,933
93$2,008,132,612$131,682,883$56,006,645$1,431,646,457
94$2,212,792,014$137,965,220$57,712,743$1,575,351,496
95$2,438,321,317$144,550,032$59,470,637$1,733,618,243
96$2,686,849,080$151,451,973$61,281,892$1,907,927,825
97$2,960,720,973$158,686,407$63,148,123$2,099,912,252
98$3,262,521,918$166,269,447$65,070,991$2,311,369,805
99$3,595,100,493$174,217,989$67,052,208$2,544,281,984
100$3,961,595,825$182,549,751$69,093,538$2,800,832,188