Can I retire at age 40 with 11,100,000?

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 $11,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$916,628$908,463$900,497$892,722$885,130$850,683
2 years$453,776$445,325$437,134$429,193$421,490$387,202
3 years$299,512$291,025$282,855$274,988$267,411$234,360
4 years$222,396$213,934$205,846$198,114$190,720$159,158
5 years$176,138$167,727$159,745$152,170$144,982$114,991
6 years$145,309$136,962$129,098$121,692$114,719$86,318
7 years$123,297$115,020$107,281$100,049$93,298$66,477
8 years$106,796$98,593$90,983$83,929$77,399$52,133
9 years$93,968$85,843$78,363$71,489$65,181$41,432
10 years$83,712$75,667$68,319$61,624$55,538$33,260
11 years$75,327$67,362$60,147$53,631$47,764$26,907
12 years$68,343$60,460$53,379$47,042$41,392$21,900
13 years$62,439$54,638$47,690$41,531$36,094$17,911
14 years$57,383$49,665$42,850$36,867$31,640$14,704
15 years$53,004$45,370$38,688$32,879$27,858$12,109
16 years$49,177$41,626$35,076$29,439$24,621$9,998
17 years$45,804$38,336$31,918$26,451$21,831$8,271
18 years$42,808$35,424$29,137$23,838$19,411$6,854
19 years$40,132$32,831$26,673$21,539$17,302$5,688
20 years$37,725$30,508$24,480$19,508$15,454$4,725
21 years$35,551$28,417$22,517$17,705$13,830$3,929
22 years$33,577$26,526$20,752$16,098$12,396$3,270
23 years$31,778$24,809$19,161$14,660$11,128$2,723
24 years$30,131$23,245$17,721$13,371$10,002$2,269
25 years$28,618$21,814$16,413$12,211$9,000$1,891
26 years$27,223$20,502$15,222$11,165$8,107$1,577
27 years$25,934$19,294$14,135$10,220$7,309$1,315
28 years$24,739$18,181$13,141$9,364$6,595$1,098
29 years$23,629$17,152$12,228$8,587$5,955$916
30 years$22,595$16,198$11,390$7,880$5,381$765
31 years$21,629$15,312$10,619$7,238$4,865$638
32 years$20,726$14,489$9,908$6,652$4,401$533
33 years$19,878$13,721$9,251$6,117$3,983$445
34 years$19,083$13,004$8,643$5,628$3,606$372
35 years$18,335$12,334$8,081$5,181$3,266$310
36 years$17,629$11,707$7,560$4,771$2,959$259
37 years$16,964$11,119$7,076$4,396$2,682$216
38 years$16,335$10,567$6,626$4,052$2,431$181
39 years$15,740$10,048$6,208$3,736$2,205$151
40 years$15,175$9,560$5,819$3,446$2,000$126
41 years$14,640$9,100$5,456$3,179$1,814$105
42 years$14,132$8,667$5,118$2,934$1,646$88
43 years$13,649$8,258$4,802$2,709$1,494$74
44 years$13,188$7,871$4,508$2,501$1,356$61
45 years$12,750$7,506$4,233$2,310$1,231$51
46 years$12,332$7,161$3,976$2,134$1,118$43
47 years$11,933$6,833$3,735$1,971$1,015$36
48 years$11,551$6,523$3,510$1,821$922$30
49 years$11,186$6,229$3,299$1,683$837$25
50 years$10,837$5,951$3,102$1,556$760$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $11,100,000, adding $3,116 every year, while hoping to spend $22,988 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: 37/45/18 Blend
39$11,100,000$11,100,000$11,100,000$11,100,000
40$12,235,414$11,647,114$11,475,064$12,621,383
41$13,458,967$12,193,364$11,835,020$13,446,915
42$14,806,552$12,765,609$12,206,263$14,335,621
43$16,290,797$13,365,100$12,589,149$15,295,077
44$17,925,614$13,993,145$12,984,041$16,331,642
45$19,726,337$14,651,120$13,391,317$17,452,287
46$21,709,861$15,340,463$13,811,365$18,664,653
47$23,894,806$16,062,684$14,244,584$19,977,117
48$26,301,686$16,819,366$14,691,388$21,398,871
49$28,953,112$17,612,168$15,152,202$22,939,993
50$31,873,995$18,442,830$15,627,467$24,611,547
51$35,091,789$19,313,176$16,117,634$26,425,670
52$38,636,749$20,225,119$16,623,172$28,395,688
53$42,542,210$21,180,662$17,144,561$30,536,231
54$46,844,910$22,181,910$17,682,299$32,863,362
55$51,585,333$23,231,065$18,236,898$35,394,723
56$56,808,090$24,330,440$18,808,886$38,149,695
57$62,562,341$25,482,458$19,398,810$41,149,568
58$68,902,260$26,689,658$20,007,230$44,417,733
59$75,887,545$27,954,706$20,634,728$47,979,899
60$83,583,983$29,280,396$21,281,899$51,864,318
61$92,064,069$30,669,654$21,949,363$56,102,047
62$101,407,691$32,125,555$22,637,753$60,727,229
63$111,702,885$33,651,316$23,347,727$65,777,401
64$123,046,664$35,250,315$24,079,961$71,293,839
65$135,545,936$36,926,093$24,835,152$77,321,935
66$149,318,513$38,682,363$25,614,020$83,911,611
67$164,494,219$40,523,016$26,417,308$91,117,780
68$181,216,121$42,452,136$27,245,780$99,000,844
69$199,641,878$44,474,003$28,100,226$107,627,254
70$219,945,225$46,593,105$28,981,459$117,070,120
71$242,317,620$48,814,149$29,890,320$127,409,884
72$266,970,046$51,142,071$30,827,675$138,735,064
73$294,135,004$53,582,046$31,794,415$151,143,070
74$324,068,710$56,139,501$32,791,463$164,741,103
75$357,053,509$58,820,128$33,819,768$179,647,152
76$393,400,546$61,629,893$34,880,309$195,991,081
77$433,452,700$64,575,056$35,974,098$213,915,837
78$477,587,820$67,662,179$37,102,175$233,578,779
79$526,222,296$70,898,143$38,265,616$255,153,131
80$579,814,984$74,290,166$39,465,528$278,829,603
81$638,871,543$77,845,816$40,703,054$304,818,156
82$703,949,208$81,573,029$41,979,374$333,349,963
83$775,662,047$85,480,127$43,295,703$364,679,559
84$854,686,762$89,575,838$44,653,294$399,087,216
85$941,769,073$93,869,316$46,053,441$436,881,556
86$1,037,730,764$98,370,158$47,497,478$478,402,431
87$1,143,477,437$103,088,431$48,986,778$524,024,099
88$1,260,007,062$108,034,691$50,522,762$574,158,721
89$1,388,419,399$113,220,007$52,106,891$629,260,209
90$1,529,926,381$118,655,990$53,740,674$689,828,479
91$1,685,863,552$124,354,814$55,425,668$756,414,122
92$1,857,702,683$130,329,249$57,163,476$829,623,565
93$2,047,065,658$136,592,683$58,955,754$910,124,742
94$2,255,739,792$143,159,161$60,804,208$998,653,362
95$2,485,694,700$150,043,410$62,710,598$1,096,019,794
96$2,739,100,897$157,260,874$64,676,741$1,203,116,673
97$3,018,350,283$164,827,752$66,704,507$1,320,927,267
98$3,326,078,732$172,761,032$68,795,828$1,450,534,706
99$3,665,190,969$181,078,529$70,952,694$1,593,132,143
100$4,038,887,999$189,798,928$73,177,161$1,750,033,958