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%12.2%
1 years$916,628$908,463$900,497$892,722$885,130$876,981
2 years$453,776$445,325$437,134$429,193$421,490$413,280
3 years$299,512$291,025$282,855$274,988$267,411$259,394
4 years$222,396$213,934$205,846$198,114$190,720$182,958
5 years$176,138$167,727$159,745$152,170$144,982$137,498
6 years$145,309$136,962$129,098$121,692$114,719$107,522
7 years$123,297$115,020$107,281$100,049$93,298$86,391
8 years$106,796$98,593$90,983$83,929$77,399$70,782
9 years$93,968$85,843$78,363$71,489$65,181$58,852
10 years$83,712$75,667$68,319$61,624$55,538$49,493
11 years$75,327$67,362$60,147$53,631$47,764$41,999
12 years$68,343$60,460$53,379$47,042$41,392$35,900
13 years$62,439$54,638$47,690$41,531$36,094$30,870
14 years$57,383$49,665$42,850$36,867$31,640$26,676
15 years$53,004$45,370$38,688$32,879$27,858$23,148
16 years$49,177$41,626$35,076$29,439$24,621$20,157
17 years$45,804$38,336$31,918$26,451$21,831$17,605
18 years$42,808$35,424$29,137$23,838$19,411$15,415
19 years$40,132$32,831$26,673$21,539$17,302$13,527
20 years$37,725$30,508$24,480$19,508$15,454$11,892
21 years$35,551$28,417$22,517$17,705$13,830$10,473
22 years$33,577$26,526$20,752$16,098$12,396$9,236
23 years$31,778$24,809$19,161$14,660$11,128$8,155
24 years$30,131$23,245$17,721$13,371$10,002$7,208
25 years$28,618$21,814$16,413$12,211$9,000$6,378
26 years$27,223$20,502$15,222$11,165$8,107$5,648
27 years$25,934$19,294$14,135$10,220$7,309$5,005
28 years$24,739$18,181$13,141$9,364$6,595$4,438
29 years$23,629$17,152$12,228$8,587$5,955$3,938
30 years$22,595$16,198$11,390$7,880$5,381$3,496
31 years$21,629$15,312$10,619$7,238$4,865$3,105
32 years$20,726$14,489$9,908$6,652$4,401$2,758
33 years$19,878$13,721$9,251$6,117$3,983$2,451
34 years$19,083$13,004$8,643$5,628$3,606$2,179
35 years$18,335$12,334$8,081$5,181$3,266$1,938
36 years$17,629$11,707$7,560$4,771$2,959$1,724
37 years$16,964$11,119$7,076$4,396$2,682$1,534
38 years$16,335$10,567$6,626$4,052$2,431$1,365
39 years$15,740$10,048$6,208$3,736$2,205$1,215
40 years$15,175$9,560$5,819$3,446$2,000$1,081
41 years$14,640$9,100$5,456$3,179$1,814$963
42 years$14,132$8,667$5,118$2,934$1,646$857
43 years$13,649$8,258$4,802$2,709$1,494$763
44 years$13,188$7,871$4,508$2,501$1,356$680
45 years$12,750$7,506$4,233$2,310$1,231$606
46 years$12,332$7,161$3,976$2,134$1,118$539
47 years$11,933$6,833$3,735$1,971$1,015$480
48 years$11,551$6,523$3,510$1,821$922$428
49 years$11,186$6,229$3,299$1,683$837$381
50 years$10,837$5,951$3,102$1,556$760$340

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 $3,006 every year, while hoping to spend $35,023 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: 54/35/11 Blend
39$11,100,000$11,100,000$11,100,000$11,100,000
40$12,235,301$11,647,001$11,474,951$12,861,473
41$13,446,037$12,180,440$11,822,097$13,820,340
42$14,779,095$12,738,843$12,179,700$14,859,377
43$16,246,914$13,323,398$12,548,071$15,989,436
44$17,863,201$13,935,346$12,927,533$17,219,168
45$19,643,062$14,575,992$13,318,420$18,558,076
46$21,603,139$15,246,701$13,721,072$20,016,606
47$23,761,774$15,948,904$14,135,842$21,606,237
48$26,139,175$16,684,100$14,563,093$23,339,588
49$28,757,613$17,453,863$15,003,199$25,230,530
50$31,641,627$18,259,840$15,456,544$27,294,317
51$34,818,259$19,103,758$15,923,524$29,547,718
52$38,317,307$19,987,428$16,404,547$32,009,177
53$42,171,606$20,912,746$16,900,034$34,698,979
54$46,417,341$21,881,702$17,410,416$37,639,435
55$51,094,384$22,896,380$17,936,139$40,855,089
56$56,246,674$23,958,964$18,477,662$44,372,942
57$61,922,628$25,071,747$19,035,457$48,222,702
58$68,175,601$26,237,128$19,610,010$52,437,055
59$75,064,389$27,457,623$20,201,822$57,051,971
60$82,653,782$28,735,872$20,811,408$62,107,032
61$91,015,177$30,074,639$21,439,300$67,645,802
62$100,227,251$31,476,823$22,086,042$73,716,226
63$110,376,706$32,945,462$22,752,200$80,371,077
64$121,559,082$34,483,742$23,438,351$87,668,447
65$133,879,666$36,095,003$24,145,093$95,672,282
66$147,454,478$37,782,744$24,873,040$104,452,979
67$162,411,372$39,550,636$25,622,824$114,088,042
68$178,891,240$41,402,525$26,395,097$124,662,799
69$197,049,343$43,342,446$27,190,529$136,271,199
70$217,056,776$45,374,624$28,009,811$149,016,689
71$239,102,080$47,503,495$28,853,654$163,013,175
72$263,393,030$49,733,703$29,722,788$178,386,088
73$290,158,586$52,070,122$30,617,969$195,273,553
74$319,651,063$54,517,859$31,539,972$213,827,680
75$352,148,505$57,082,268$32,489,595$234,215,987
76$387,957,317$59,768,964$33,467,661$256,622,962
77$427,415,153$62,583,832$34,475,016$281,251,795
78$470,894,102$65,533,044$35,512,533$308,326,274
79$518,804,206$68,623,069$36,581,109$338,092,883
80$571,597,327$71,860,691$37,681,668$370,823,113
81$629,771,411$75,253,021$38,815,161$406,816,001
82$693,875,194$78,807,518$39,982,567$446,400,938
83$764,513,375$82,531,998$41,184,895$489,940,754
84$842,352,333$86,434,660$42,423,183$537,835,126
85$928,126,411$90,524,097$43,698,499$590,524,324
86$1,022,644,849$94,809,323$45,011,943$648,493,344
87$1,126,799,430$99,299,785$46,364,649$712,276,467
88$1,241,572,888$104,005,391$47,757,781$782,462,270
89$1,368,048,197$108,936,530$49,192,541$859,699,158
90$1,507,418,786$114,104,093$50,670,164$944,701,457
91$1,660,999,809$119,519,500$52,191,922$1,038,256,127
92$1,830,240,563$125,194,729$53,759,124$1,141,230,163
93$2,016,738,165$131,142,335$55,373,119$1,254,578,740
94$2,222,252,634$137,375,486$57,035,295$1,379,354,203
95$2,448,723,504$143,907,987$58,747,079$1,516,715,961
96$2,698,288,139$150,754,315$60,509,943$1,667,941,400
97$2,973,301,903$157,929,650$62,325,400$1,834,437,896
98$3,276,360,405$165,449,911$64,195,009$2,017,756,066
99$3,610,323,998$173,331,788$66,120,374$2,219,604,359
100$3,978,344,784$181,592,785$68,103,145$2,441,865,143