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%15.6%
1 years$916,628$908,463$900,497$892,722$885,130$864,786
2 years$453,776$445,325$437,134$429,193$421,490$401,107
3 years$299,512$291,025$282,855$274,988$267,411$247,624
4 years$222,396$213,934$205,846$198,114$190,720$171,682
5 years$176,138$167,727$159,745$152,170$144,982$126,747
6 years$145,309$136,962$129,098$121,692$114,719$97,306
7 years$123,297$115,020$107,281$100,049$93,298$76,708
8 years$106,796$98,593$90,983$83,929$77,399$61,628
9 years$93,968$85,843$78,363$71,489$65,181$50,215
10 years$83,712$75,667$68,319$61,624$55,538$41,361
11 years$75,327$67,362$60,147$53,631$47,764$34,358
12 years$68,343$60,460$53,379$47,042$41,392$28,734
13 years$62,439$54,638$47,690$41,531$36,094$24,162
14 years$57,383$49,665$42,850$36,867$31,640$20,408
15 years$53,004$45,370$38,688$32,879$27,858$17,301
16 years$49,177$41,626$35,076$29,439$24,621$14,712
17 years$45,804$38,336$31,918$26,451$21,831$12,542
18 years$42,808$35,424$29,137$23,838$19,411$10,715
19 years$40,132$32,831$26,673$21,539$17,302$9,171
20 years$37,725$30,508$24,480$19,508$15,454$7,861
21 years$35,551$28,417$22,517$17,705$13,830$6,747
22 years$33,577$26,526$20,752$16,098$12,396$5,797
23 years$31,778$24,809$19,161$14,660$11,128$4,986
24 years$30,131$23,245$17,721$13,371$10,002$4,292
25 years$28,618$21,814$16,413$12,211$9,000$3,697
26 years$27,223$20,502$15,222$11,165$8,107$3,186
27 years$25,934$19,294$14,135$10,220$7,309$2,747
28 years$24,739$18,181$13,141$9,364$6,595$2,370
29 years$23,629$17,152$12,228$8,587$5,955$2,045
30 years$22,595$16,198$11,390$7,880$5,381$1,766
31 years$21,629$15,312$10,619$7,238$4,865$1,525
32 years$20,726$14,489$9,908$6,652$4,401$1,317
33 years$19,878$13,721$9,251$6,117$3,983$1,138
34 years$19,083$13,004$8,643$5,628$3,606$983
35 years$18,335$12,334$8,081$5,181$3,266$850
36 years$17,629$11,707$7,560$4,771$2,959$734
37 years$16,964$11,119$7,076$4,396$2,682$635
38 years$16,335$10,567$6,626$4,052$2,431$549
39 years$15,740$10,048$6,208$3,736$2,205$474
40 years$15,175$9,560$5,819$3,446$2,000$410
41 years$14,640$9,100$5,456$3,179$1,814$355
42 years$14,132$8,667$5,118$2,934$1,646$307
43 years$13,649$8,258$4,802$2,709$1,494$265
44 years$13,188$7,871$4,508$2,501$1,356$229
45 years$12,750$7,506$4,233$2,310$1,231$198
46 years$12,332$7,161$3,976$2,134$1,118$172
47 years$11,933$6,833$3,735$1,971$1,015$148
48 years$11,551$6,523$3,510$1,821$922$128
49 years$11,186$6,229$3,299$1,683$837$111
50 years$10,837$5,951$3,102$1,556$760$96

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 $4,879 every year, while hoping to spend $31,778 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: 49/34/17 Blend
39$11,100,000$11,100,000$11,100,000$11,100,000
40$12,237,233$11,648,933$11,476,883$12,778,636
41$13,451,619$12,185,919$11,827,547$13,690,322
42$14,788,807$12,748,152$12,188,893$14,676,467
43$16,261,291$13,336,836$12,561,246$15,747,038
44$17,882,834$13,953,233$12,944,939$16,909,978
45$19,668,605$14,598,664$13,340,317$18,174,009
46$21,635,320$15,274,516$13,747,735$19,548,713
47$23,801,396$15,982,240$14,167,557$21,044,618
48$26,187,129$16,723,360$14,600,160$22,673,293
49$28,814,883$17,499,472$15,045,933$24,447,452
50$31,709,303$18,312,248$15,505,273$26,381,068
51$34,897,546$19,163,442$15,978,594$28,489,504
52$38,409,537$20,054,892$16,466,319$30,789,650
53$42,278,253$20,988,526$16,968,884$33,300,075
54$46,540,033$21,966,362$17,486,740$36,041,203
55$51,234,921$22,990,518$18,020,350$39,035,492
56$56,407,043$24,063,213$18,570,192$42,307,645
57$62,105,026$25,186,775$19,136,757$45,884,837
58$68,382,453$26,363,642$19,720,554$49,796,960
59$75,298,374$27,596,371$20,322,103$54,076,904
60$82,917,857$28,887,642$20,941,942$58,760,854
61$91,312,608$30,240,265$21,580,626$63,888,631
62$100,561,642$31,657,187$22,238,726$69,504,052
63$110,752,036$33,141,495$22,916,829$75,655,341
64$121,979,742$34,696,427$23,615,542$82,395,573
65$134,350,501$36,325,377$24,335,487$89,783,164
66$147,980,835$38,031,904$25,077,309$97,882,419
67$162,999,151$39,819,737$25,841,670$106,764,119
68$179,546,949$41,692,790$26,629,251$116,506,189
69$197,780,163$43,655,161$27,440,755$127,194,414
70$217,870,626$45,711,150$28,276,907$138,923,242
71$240,007,698$47,865,264$29,138,451$151,796,663
72$264,400,050$50,122,230$30,026,157$165,929,176
73$291,277,638$52,487,001$30,940,815$181,446,857
74$320,893,865$54,964,773$31,883,241$198,488,537
75$353,527,984$57,560,992$32,854,274$217,207,096
76$389,487,726$60,281,368$33,854,780$237,770,892
77$429,112,208$63,131,889$34,885,649$260,365,334
78$472,775,135$66,118,832$35,947,800$285,194,614
79$520,888,324$69,248,781$37,042,177$312,483,620
80$573,905,598$72,528,636$38,169,754$342,480,041
81$632,327,063$75,965,634$39,331,536$375,456,681
82$696,703,836$79,567,362$40,528,554$411,714,020
83$767,643,241$83,341,776$41,761,875$451,583,025
84$845,814,547$87,297,219$43,032,593$495,428,258
85$931,955,285$91,442,437$44,341,839$543,651,287
86$1,026,878,209$95,786,601$45,690,775$596,694,460
87$1,131,478,971$100,339,329$47,080,601$655,045,052
88$1,246,744,575$105,110,705$48,512,550$719,239,839
89$1,373,762,695$110,111,304$49,987,894$789,870,138
90$1,513,731,944$115,352,212$51,507,943$867,587,362
91$1,667,973,188$120,845,056$53,074,045$953,109,135
92$1,837,942,018$126,602,028$54,687,590$1,047,226,041
93$2,025,242,488$132,635,912$56,350,008$1,150,809,047
94$2,231,642,264$138,960,113$58,062,776$1,264,817,699
95$2,459,089,306$145,588,690$59,827,409$1,390,309,136
96$2,709,730,261$152,536,381$61,645,473$1,528,448,039
97$2,985,930,729$159,818,646$63,518,578$1,680,517,580
98$3,290,297,597$167,451,693$65,448,384$1,847,931,498
99$3,625,703,646$175,452,520$67,436,599$2,032,247,402
100$3,995,314,677$183,838,952$69,484,984$2,235,181,428