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

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 $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%15.7%
1 years$908,370$900,278$892,384$884,679$877,155$856,646
2 years$449,688$441,313$433,196$425,327$417,693$397,147
3 years$296,814$288,403$280,307$272,511$265,002$245,061
4 years$220,392$212,007$203,991$196,329$189,001$169,819
5 years$174,551$166,216$158,306$150,799$143,676$125,306
6 years$144,000$135,728$127,935$120,595$113,686$96,147
7 years$122,187$113,984$106,314$99,148$92,457$75,752
8 years$105,834$97,705$90,163$83,173$76,702$60,824
9 years$93,122$85,070$77,657$70,845$64,594$49,531
10 years$82,958$74,985$67,703$61,069$55,037$40,772
11 years$74,648$66,755$59,605$53,148$47,334$33,847
12 years$67,728$59,915$52,898$46,618$41,019$28,288
13 years$61,877$54,146$47,261$41,157$35,769$23,771
14 years$56,866$49,217$42,464$36,534$31,355$20,064
15 years$52,527$44,961$38,339$32,582$27,607$16,998
16 years$48,734$41,251$34,760$29,174$24,400$14,443
17 years$45,391$37,990$31,630$26,213$21,634$12,304
18 years$42,423$35,105$28,874$23,623$19,236$10,504
19 years$39,770$32,535$26,433$21,345$17,146$8,984
20 years$37,386$30,233$24,259$19,332$15,315$7,695
21 years$35,231$28,161$22,314$17,545$13,705$6,599
22 years$33,275$26,287$20,566$15,953$12,285$5,666
23 years$31,491$24,586$18,989$14,528$11,027$4,869
24 years$29,859$23,035$17,561$13,251$9,912$4,188
25 years$28,360$21,617$16,265$12,101$8,919$3,605
26 years$26,978$20,317$15,085$11,065$8,034$3,104
27 years$25,701$19,121$14,008$10,128$7,243$2,675
28 years$24,517$18,017$13,022$9,279$6,536$2,305
29 years$23,416$16,997$12,118$8,509$5,902$1,988
30 years$22,391$16,052$11,288$7,809$5,332$1,715
31 years$21,434$15,175$10,523$7,172$4,821$1,480
32 years$20,539$14,358$9,818$6,592$4,361$1,277
33 years$19,699$13,597$9,167$6,061$3,947$1,102
34 years$18,911$12,887$8,565$5,577$3,573$952
35 years$18,169$12,223$8,008$5,134$3,236$822
36 years$17,471$11,602$7,491$4,728$2,932$710
37 years$16,811$11,019$7,012$4,357$2,658$613
38 years$16,188$10,472$6,566$4,016$2,409$529
39 years$15,598$9,958$6,152$3,702$2,185$457
40 years$15,039$9,474$5,766$3,415$1,982$395
41 years$14,508$9,018$5,407$3,151$1,798$341
42 years$14,005$8,589$5,072$2,908$1,632$295
43 years$13,526$8,183$4,759$2,684$1,481$255
44 years$13,070$7,801$4,467$2,478$1,344$220
45 years$12,635$7,439$4,195$2,289$1,220$190
46 years$12,221$7,096$3,940$2,114$1,108$164
47 years$11,825$6,772$3,701$1,953$1,006$142
48 years$11,447$6,465$3,478$1,805$914$123
49 years$11,086$6,173$3,269$1,668$830$106
50 years$10,740$5,897$3,074$1,542$754$92

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 $2,862 every year, while hoping to spend $22,548 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: 58/36/6 Blend
39$11,000,000$11,000,000$11,000,000$11,000,000
40$12,124,952$11,541,952$11,371,452$12,813,398
41$13,337,706$12,083,517$11,728,405$13,817,317
42$14,673,406$12,650,863$12,096,560$14,908,184
43$16,144,567$13,245,229$12,476,268$16,096,555
44$17,764,983$13,867,915$12,867,893$17,391,759
45$19,549,851$14,520,283$13,271,808$18,804,048
46$21,515,921$15,203,762$13,688,399$20,344,690
47$23,681,647$15,919,848$14,118,062$22,026,072
48$26,067,368$16,670,113$14,561,209$23,861,810
49$28,695,492$17,456,202$15,018,263$25,866,877
50$31,590,717$18,279,840$15,489,660$28,057,735
51$34,780,256$19,142,838$15,975,849$30,452,490
52$38,294,097$20,047,092$16,477,295$33,071,056
53$42,165,287$20,994,592$16,994,476$35,935,333
54$46,430,242$21,987,423$17,527,887$39,069,418
55$51,129,091$23,027,771$18,078,036$42,499,815
56$56,306,057$24,117,930$18,645,448$46,255,689
57$62,009,869$25,260,303$19,230,666$50,369,128
58$68,294,230$26,457,412$19,834,246$54,875,442
59$75,218,314$27,711,898$20,456,767$59,813,487
60$82,847,335$29,026,533$21,098,821$65,226,029
61$91,253,153$30,404,224$21,761,021$71,160,133
62$100,514,959$31,848,015$22,444,001$77,667,605
63$110,720,020$33,361,104$23,148,410$84,805,469
64$121,964,503$34,946,838$23,874,922$92,636,498
65$134,354,380$36,608,731$24,624,230$101,229,795
66$148,006,434$38,350,466$25,397,049$110,661,439
67$163,049,357$40,175,905$26,194,116$121,015,188
68$179,624,965$42,089,099$27,016,193$132,383,262
69$197,889,539$44,094,292$27,864,063$144,867,203
70$218,015,299$46,195,939$28,738,536$158,578,817
71$240,192,029$48,398,710$29,640,446$173,641,224
72$264,628,869$50,707,499$30,570,654$190,189,999
73$291,556,290$53,127,443$31,530,048$208,374,445
74$321,228,269$55,663,926$32,519,542$228,358,984
75$353,924,687$58,322,593$33,540,081$250,324,695
76$389,953,971$61,109,365$34,592,640$274,471,009
77$429,656,004$64,030,452$35,678,221$301,017,572
78$473,405,336$67,092,364$36,797,861$330,206,307
79$521,614,719$70,301,929$37,952,628$362,303,671
80$574,739,004$73,666,307$39,143,625$397,603,160
81$633,279,432$77,193,006$40,371,986$436,428,053
82$697,788,372$80,889,900$41,638,885$479,134,448
83$768,874,528$84,765,247$42,945,530$526,114,599
84$847,208,691$88,827,706$44,293,167$577,800,596
85$933,530,072$93,086,358$45,683,082$634,668,422
86$1,028,653,275$97,550,726$47,116,601$697,242,418
87$1,133,475,994$102,230,796$48,595,092$766,100,210
88$1,248,987,483$107,137,043$50,119,966$841,878,134
89$1,376,277,898$112,280,449$51,692,675$925,277,211
90$1,516,548,586$117,672,533$53,314,722$1,017,069,737
91$1,671,123,429$123,325,376$54,987,654$1,118,106,545
92$1,841,461,344$129,251,644$56,713,065$1,229,324,996
93$2,029,170,051$135,464,625$58,492,603$1,351,757,802
94$2,236,021,255$141,978,250$60,327,964$1,486,542,733
95$2,463,967,372$148,807,133$62,220,899$1,634,933,321
96$2,715,159,959$155,966,597$64,173,214$1,798,310,655
97$2,991,970,029$163,472,714$66,186,771$1,978,196,378
98$3,297,010,434$171,342,340$68,263,490$2,176,267,005
99$3,633,160,533$179,593,150$70,405,352$2,394,369,704
100$4,003,593,377$188,243,683$72,614,401$2,634,539,691