Can I retire at age 40 with 11,200,000?

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 $11,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$924,886$916,647$908,609$900,764$893,104$857,330
2 years$457,864$449,337$441,073$433,060$425,287$389,696
3 years$302,211$293,647$285,403$277,466$269,820$235,530
4 years$224,399$215,861$207,700$199,898$192,438$159,711
5 years$177,725$169,238$161,184$153,541$146,288$115,208
6 years$146,618$138,195$130,261$122,788$115,753$86,338
7 years$124,408$116,056$108,247$100,951$94,138$66,378
8 years$107,758$99,482$91,802$84,685$78,097$51,962
9 years$94,815$86,617$79,069$72,133$65,769$41,220
10 years$84,467$76,348$68,934$62,179$56,038$33,027
11 years$76,005$67,969$60,689$54,115$48,195$26,666
12 years$68,959$61,005$53,860$47,466$41,764$21,660
13 years$63,002$55,131$48,120$41,905$36,419$17,678
14 years$57,900$50,112$43,236$37,199$31,925$14,483
15 years$53,482$45,778$39,036$33,175$28,109$11,902
16 years$49,620$42,001$35,392$29,704$24,843$9,805
17 years$46,216$38,681$32,205$26,689$22,028$8,093
18 years$43,194$35,743$29,399$24,052$19,586$6,692
19 years$40,493$33,126$26,914$21,733$17,457$5,540
20 years$38,065$30,783$24,700$19,684$15,593$4,592
21 years$35,871$28,673$22,719$17,864$13,954$3,810
22 years$33,880$26,765$20,939$16,243$12,508$3,163
23 years$32,064$25,033$19,334$14,793$11,228$2,628
24 years$30,402$23,454$17,881$13,492$10,092$2,184
25 years$28,875$22,010$16,561$12,321$9,081$1,816
26 years$27,468$20,686$15,359$11,266$8,180$1,511
27 years$26,168$19,468$14,263$10,312$7,375$1,257
28 years$24,962$18,345$13,259$9,448$6,655$1,047
29 years$23,842$17,306$12,339$8,664$6,009$871
30 years$22,798$16,344$11,493$7,951$5,429$725
31 years$21,824$15,450$10,715$7,303$4,909$604
32 years$20,912$14,619$9,997$6,711$4,440$503
33 years$20,058$13,845$9,334$6,172$4,018$419
34 years$19,255$13,122$8,721$5,679$3,638$349
35 years$18,500$12,446$8,154$5,227$3,295$291
36 years$17,788$11,813$7,628$4,814$2,986$242
37 years$17,117$11,219$7,139$4,436$2,706$202
38 years$16,482$10,662$6,686$4,089$2,453$168
39 years$15,881$10,139$6,264$3,770$2,225$140
40 years$15,312$9,646$5,871$3,477$2,018$117
41 years$14,772$9,182$5,505$3,208$1,831$97
42 years$14,259$8,745$5,164$2,961$1,661$81
43 years$13,771$8,332$4,846$2,733$1,508$68
44 years$13,307$7,942$4,549$2,524$1,368$56
45 years$12,865$7,574$4,271$2,331$1,242$47
46 years$12,443$7,225$4,011$2,153$1,128$39
47 years$12,040$6,895$3,769$1,989$1,024$33
48 years$11,655$6,582$3,541$1,838$930$27
49 years$11,287$6,286$3,329$1,698$845$23
50 years$10,935$6,004$3,130$1,570$767$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $11,200,000, adding $5,293 every year, while hoping to spend $23,575 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: 60/15/25 Blend
39$11,200,000$11,200,000$11,200,000$11,200,000
40$12,347,860$11,754,260$11,580,660$13,005,671
41$13,582,258$12,305,135$11,943,528$14,004,640
42$14,941,774$12,882,213$12,317,763$15,091,110
43$16,439,147$13,486,752$12,703,719$16,276,081
44$18,088,410$14,120,074$13,101,764$17,569,136
45$19,905,031$14,783,561$13,512,276$18,980,819
46$21,906,053$15,478,664$13,935,647$20,522,726
47$24,110,257$16,206,905$14,372,277$22,207,620
48$26,538,338$16,969,878$14,822,583$24,049,541
49$29,213,101$17,769,254$15,286,992$26,063,944
50$32,159,677$18,606,788$15,765,946$28,267,834
51$35,405,760$19,484,316$16,259,901$30,679,929
52$38,981,865$20,403,766$16,769,326$33,320,830
53$42,921,622$21,367,157$17,294,705$36,213,218
54$47,262,088$22,376,608$17,836,538$39,382,055
55$52,044,099$23,434,340$18,395,340$42,854,826
56$57,312,655$24,542,680$18,971,642$46,661,789
57$63,117,346$25,704,072$19,565,992$50,836,257
58$69,512,817$26,921,073$20,178,955$55,414,912
59$76,559,288$28,196,369$20,811,113$60,438,143
60$84,323,118$29,532,774$21,463,068$65,950,426
61$92,877,434$30,933,238$22,135,439$72,000,737
62$102,302,822$32,400,856$22,828,865$78,643,009
63$112,688,083$33,938,871$23,544,006$85,936,642
64$124,131,078$35,550,686$24,281,540$93,947,050
65$136,739,646$37,239,868$25,042,170$102,746,279
66$150,632,624$39,010,156$25,826,617$112,413,681
67$165,940,971$40,865,472$26,635,627$123,036,654
68$182,808,999$42,809,930$27,469,970$134,711,464
69$201,395,741$44,847,840$28,330,438$147,544,146
70$221,876,447$46,983,725$29,217,848$161,651,501
71$244,444,243$49,222,326$30,133,045$177,162,184
72$269,311,951$51,568,615$31,076,897$194,217,923
73$296,714,098$54,027,806$32,050,302$212,974,839
74$326,909,133$56,605,365$33,054,184$233,604,917
75$360,181,863$59,307,026$34,089,497$256,297,621
76$396,846,143$62,138,800$35,157,225$281,261,671
77$437,247,840$65,106,992$36,258,382$308,727,010
78$481,768,097$68,218,212$37,394,016$338,946,959
79$530,826,931$71,479,393$38,565,203$372,200,604
80$584,887,199$74,897,803$39,773,058$408,795,417
81$644,458,965$78,481,068$41,018,727$449,070,149
82$710,104,319$82,237,180$42,303,395$493,398,018
83$782,442,682$86,174,524$43,628,281$542,190,218
84$862,156,651$90,301,891$44,994,643$595,899,793
85$949,998,446$94,628,500$46,403,781$655,025,897
86$1,046,797,012$99,164,021$47,857,032$720,118,494
87$1,153,465,841$103,918,592$49,355,776$791,783,539
88$1,271,011,600$108,902,847$50,901,438$870,688,681
89$1,400,543,632$114,127,935$52,495,485$957,569,552
90$1,543,284,431$119,605,552$54,139,432$1,053,236,694
91$1,700,581,179$125,347,960$55,834,839$1,158,583,201
92$1,873,918,470$131,368,021$57,583,317$1,274,593,124
93$2,064,932,322$137,679,222$59,386,526$1,402,350,750
94$2,275,425,623$144,295,709$61,246,180$1,543,050,818
95$2,507,385,153$151,232,314$63,164,043$1,698,009,776
96$2,763,000,337$158,504,596$65,141,937$1,868,678,193
97$3,044,683,920$166,128,870$67,181,740$2,056,654,426
98$3,355,094,741$174,122,246$69,285,390$2,263,699,694
99$3,697,162,838$182,502,668$71,454,883$2,491,754,678
100$4,074,117,105$191,288,958$73,692,280$2,742,957,817