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%15.9%
1 years$908,370$900,278$892,384$884,679$877,155$855,951
2 years$449,688$441,313$433,196$425,327$417,693$396,457
3 years$296,814$288,403$280,307$272,511$265,002$244,398
4 years$220,392$212,007$203,991$196,329$189,001$169,189
5 years$174,551$166,216$158,306$150,799$143,676$124,710
6 years$144,000$135,728$127,935$120,595$113,686$95,585
7 years$122,187$113,984$106,314$99,148$92,457$75,224
8 years$105,834$97,705$90,163$83,173$76,702$60,330
9 years$93,122$85,070$77,657$70,845$64,594$49,069
10 years$82,958$74,985$67,703$61,069$55,037$40,342
11 years$74,648$66,755$59,605$53,148$47,334$33,448
12 years$67,728$59,915$52,898$46,618$41,019$27,918
13 years$61,877$54,146$47,261$41,157$35,769$23,428
14 years$56,866$49,217$42,464$36,534$31,355$19,748
15 years$52,527$44,961$38,339$32,582$27,607$16,706
16 years$48,734$41,251$34,760$29,174$24,400$14,176
17 years$45,391$37,990$31,630$26,213$21,634$12,059
18 years$42,423$35,105$28,874$23,623$19,236$10,279
19 years$39,770$32,535$26,433$21,345$17,146$8,778
20 years$37,386$30,233$24,259$19,332$15,315$7,508
21 years$35,231$28,161$22,314$17,545$13,705$6,429
22 years$33,275$26,287$20,566$15,953$12,285$5,511
23 years$31,491$24,586$18,989$14,528$11,027$4,729
24 years$29,859$23,035$17,561$13,251$9,912$4,061
25 years$28,360$21,617$16,265$12,101$8,919$3,489
26 years$26,978$20,317$15,085$11,065$8,034$3,000
27 years$25,701$19,121$14,008$10,128$7,243$2,581
28 years$24,517$18,017$13,022$9,279$6,536$2,221
29 years$23,416$16,997$12,118$8,509$5,902$1,912
30 years$22,391$16,052$11,288$7,809$5,332$1,647
31 years$21,434$15,175$10,523$7,172$4,821$1,418
32 years$20,539$14,358$9,818$6,592$4,361$1,222
33 years$19,699$13,597$9,167$6,061$3,947$1,053
34 years$18,911$12,887$8,565$5,577$3,573$908
35 years$18,169$12,223$8,008$5,134$3,236$782
36 years$17,471$11,602$7,491$4,728$2,932$675
37 years$16,811$11,019$7,012$4,357$2,658$582
38 years$16,188$10,472$6,566$4,016$2,409$502
39 years$15,598$9,958$6,152$3,702$2,185$432
40 years$15,039$9,474$5,766$3,415$1,982$373
41 years$14,508$9,018$5,407$3,151$1,798$322
42 years$14,005$8,589$5,072$2,908$1,632$277
43 years$13,526$8,183$4,759$2,684$1,481$239
44 years$13,070$7,801$4,467$2,478$1,344$206
45 years$12,635$7,439$4,195$2,289$1,220$178
46 years$12,221$7,096$3,940$2,114$1,108$154
47 years$11,825$6,772$3,701$1,953$1,006$133
48 years$11,447$6,465$3,478$1,805$914$114
49 years$11,086$6,173$3,269$1,668$830$99
50 years$10,740$5,897$3,074$1,542$754$85

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 $3,801 every year, while hoping to spend $43,757 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: 74/17/9 Blend
39$11,000,000$11,000,000$11,000,000$11,000,000
40$12,125,921$11,542,921$11,372,421$13,004,360
41$13,316,208$12,061,967$11,706,840$14,103,065
42$14,626,437$12,604,979$12,050,995$15,300,506
43$16,068,797$13,173,087$12,405,167$16,611,107
44$17,656,718$13,767,472$12,769,643$18,046,058
45$19,404,997$14,389,371$13,144,720$19,617,676
46$21,329,940$15,040,084$13,530,702$21,339,516
47$23,449,514$15,720,969$13,927,901$23,226,503
48$25,783,519$16,433,451$14,336,640$25,295,066
49$28,353,770$17,179,022$14,757,250$27,563,294
50$31,184,308$17,959,247$15,190,070$30,051,100
51$34,301,621$18,775,764$15,635,452$32,780,412
52$37,734,900$19,630,290$16,093,753$35,775,373
53$41,516,312$20,524,626$16,565,345$39,062,569
54$45,681,299$21,460,656$17,050,608$42,671,276
55$50,268,920$22,440,357$17,549,932$46,633,735
56$55,322,215$23,465,799$18,063,720$50,985,449
57$60,888,610$24,539,153$18,592,384$55,765,521
58$67,020,369$25,662,692$19,136,349$61,017,015
59$73,775,083$26,838,800$19,696,053$66,787,361
60$81,216,214$28,069,974$20,271,944$73,128,799
61$89,413,698$29,358,832$20,864,483$80,098,869
62$98,444,597$30,708,118$21,474,146$87,760,950
63$108,393,836$32,120,705$22,101,419$96,184,851
64$119,354,995$33,599,607$22,746,805$105,447,473
65$131,431,199$35,147,983$23,410,818$115,633,521
66$144,736,090$36,769,143$24,093,988$126,836,307
67$159,394,895$38,466,554$24,796,861$139,158,623
68$175,545,613$40,243,854$25,519,994$152,713,704
69$193,340,316$42,104,854$26,263,965$167,626,295
70$212,946,584$44,053,547$27,029,364$184,033,822
71$234,549,086$46,094,122$27,816,798$202,087,683
72$258,351,325$48,230,966$28,626,893$221,954,670
73$284,577,557$50,468,680$29,460,291$243,818,541
74$313,474,908$52,812,086$30,317,650$267,881,743
75$345,315,708$55,266,237$31,199,651$294,367,320
76$380,400,059$57,836,432$32,106,988$323,521,011
77$419,058,672$60,528,224$33,040,379$355,613,561
78$461,655,984$63,347,435$34,000,560$390,943,267
79$508,593,603$66,300,167$34,988,286$429,838,791
80$560,314,092$69,392,817$36,004,336$472,662,250
81$617,305,156$72,632,091$37,049,507$519,812,626
82$680,104,237$76,025,019$38,124,621$571,729,523
83$749,303,594$79,578,970$39,230,521$628,897,311
84$825,555,891$83,301,669$40,368,074$691,849,680
85$909,580,356$87,201,216$41,538,169$761,174,677
86$1,002,169,577$91,286,100$42,741,722$837,520,239
87$1,104,196,977$95,565,222$43,979,673$921,600,301
88$1,216,625,064$100,047,913$45,252,987$1,014,201,524
89$1,340,514,516$104,743,956$46,562,658$1,116,190,705
90$1,477,034,194$109,663,607$47,909,703$1,228,522,953
91$1,627,472,175$114,817,617$49,295,172$1,352,250,684
92$1,793,247,915$120,217,259$50,720,139$1,488,533,547
93$1,975,925,649$125,874,352$52,185,710$1,638,649,354
94$2,177,229,155$131,801,284$53,693,021$1,804,006,128
95$2,399,058,030$138,011,048$55,243,238$1,986,155,379
96$2,643,505,623$144,517,263$56,837,560$2,186,806,730
97$2,912,878,795$151,334,208$58,477,218$2,407,844,044
98$3,209,719,703$158,476,855$60,163,475$2,651,343,186
99$3,536,829,792$165,960,900$61,897,631$2,919,591,600
100$3,897,296,249$173,802,802$63,681,019$3,215,109,884