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%14.3%
1 years$924,886$916,647$908,609$900,764$893,104$877,226
2 years$457,864$449,337$441,073$433,060$425,287$409,345
3 years$302,211$293,647$285,403$277,466$269,820$254,309
4 years$224,399$215,861$207,700$199,898$192,438$177,478
5 years$177,725$169,238$161,184$153,541$146,288$131,923
6 years$146,618$138,195$130,261$122,788$115,753$101,998
7 years$124,408$116,056$108,247$100,951$94,138$80,998
8 years$107,758$99,482$91,802$84,685$78,097$65,567
9 years$94,815$86,617$79,069$72,133$65,769$53,843
10 years$84,467$76,348$68,934$62,179$56,038$44,706
11 years$76,005$67,969$60,689$54,115$48,195$37,444
12 years$68,959$61,005$53,860$47,466$41,764$31,580
13 years$63,002$55,131$48,120$41,905$36,419$26,785
14 years$57,900$50,112$43,236$37,199$31,925$22,824
15 years$53,482$45,778$39,036$33,175$28,109$19,524
16 years$49,620$42,001$35,392$29,704$24,843$16,755
17 years$46,216$38,681$32,205$26,689$22,028$14,418
18 years$43,194$35,743$29,399$24,052$19,586$12,436
19 years$40,493$33,126$26,914$21,733$17,457$10,746
20 years$38,065$30,783$24,700$19,684$15,593$9,302
21 years$35,871$28,673$22,719$17,864$13,954$8,064
22 years$33,880$26,765$20,939$16,243$12,508$6,999
23 years$32,064$25,033$19,334$14,793$11,228$6,081
24 years$30,402$23,454$17,881$13,492$10,092$5,288
25 years$28,875$22,010$16,561$12,321$9,081$4,602
26 years$27,468$20,686$15,359$11,266$8,180$4,008
27 years$26,168$19,468$14,263$10,312$7,375$3,492
28 years$24,962$18,345$13,259$9,448$6,655$3,045
29 years$23,842$17,306$12,339$8,664$6,009$2,656
30 years$22,798$16,344$11,493$7,951$5,429$2,317
31 years$21,824$15,450$10,715$7,303$4,909$2,023
32 years$20,912$14,619$9,997$6,711$4,440$1,766
33 years$20,058$13,845$9,334$6,172$4,018$1,543
34 years$19,255$13,122$8,721$5,679$3,638$1,347
35 years$18,500$12,446$8,154$5,227$3,295$1,177
36 years$17,788$11,813$7,628$4,814$2,986$1,029
37 years$17,117$11,219$7,139$4,436$2,706$899
38 years$16,482$10,662$6,686$4,089$2,453$786
39 years$15,881$10,139$6,264$3,770$2,225$687
40 years$15,312$9,646$5,871$3,477$2,018$601
41 years$14,772$9,182$5,505$3,208$1,831$525
42 years$14,259$8,745$5,164$2,961$1,661$459
43 years$13,771$8,332$4,846$2,733$1,508$402
44 years$13,307$7,942$4,549$2,524$1,368$351
45 years$12,865$7,574$4,271$2,331$1,242$307
46 years$12,443$7,225$4,011$2,153$1,128$269
47 years$12,040$6,895$3,769$1,989$1,024$235
48 years$11,655$6,582$3,541$1,838$930$206
49 years$11,287$6,286$3,329$1,698$845$180
50 years$10,935$6,004$3,130$1,570$767$157

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 $3,895 every year, while hoping to spend $47,504 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: 29/46/25 Blend
39$11,200,000$11,200,000$11,200,000$11,200,000
40$12,346,418$11,752,818$11,579,218$12,608,410
41$13,555,208$12,278,162$11,916,578$13,338,681
42$14,885,704$12,827,656$12,263,647$14,118,804
43$16,350,267$13,402,433$12,620,701$14,956,555
44$17,962,522$14,003,679$12,988,022$15,856,934
45$19,737,480$14,632,640$13,365,901$16,825,414
46$21,691,680$15,290,617$13,754,637$17,867,986
47$23,843,350$15,978,976$14,154,536$18,991,214
48$26,212,573$16,699,147$14,565,913$20,202,287
49$28,821,478$17,452,628$14,989,094$21,509,085
50$31,694,451$18,240,989$15,424,411$22,920,244
51$34,858,363$19,065,875$15,872,206$24,445,234
52$38,342,822$19,929,009$16,332,832$26,094,440
53$42,180,457$20,832,198$16,806,649$27,879,253
54$46,407,221$21,777,332$17,294,028$29,812,174
55$51,062,732$22,766,396$17,795,353$31,906,919
56$56,190,647$23,801,466$18,311,013$34,178,543
57$61,839,074$24,884,719$18,841,414$36,643,576
58$68,061,026$26,018,436$19,386,967$39,320,167
59$74,914,919$27,205,008$19,948,099$42,228,248
60$82,465,127$28,446,940$20,525,247$45,389,714
61$90,782,586$29,746,856$21,118,859$48,828,617
62$99,945,466$31,107,508$21,729,396$52,571,386
63$110,039,905$32,531,777$22,357,333$56,647,062
64$121,160,827$34,022,687$23,003,155$61,087,564
65$133,412,834$35,583,401$23,667,364$65,927,980
66$146,911,195$37,217,239$24,350,472$71,206,878
67$161,782,931$38,927,678$25,053,007$76,966,670
68$178,168,018$40,718,362$25,775,511$83,253,985
69$196,220,706$42,593,112$26,518,540$90,120,108
70$216,110,973$44,555,930$27,282,667$97,621,439
71$238,026,135$46,611,013$28,068,478$105,820,016
72$262,172,605$48,762,757$28,876,577$114,784,085
73$288,777,852$51,015,773$29,707,584$124,588,723
74$318,092,539$53,374,892$30,562,133$135,316,534
75$350,392,893$55,845,177$31,440,880$147,058,406
76$385,983,312$58,431,935$32,344,494$159,914,355
77$425,199,241$61,140,731$33,273,665$173,994,443
78$468,410,332$63,977,394$34,229,101$189,419,802
79$516,023,938$66,948,039$35,211,528$206,323,752
80$568,488,958$70,059,071$36,221,693$224,853,034
81$626,300,073$73,317,207$37,260,361$245,169,180
82$690,002,417$76,729,487$38,328,320$267,450,004
83$760,196,722$80,303,291$39,426,377$291,891,257
84$837,544,989$84,046,353$40,555,362$318,708,450
85$922,776,738$87,966,784$41,716,127$348,138,854
86$1,016,695,893$92,073,084$42,909,545$380,443,718
87$1,120,188,373$96,374,165$44,136,514$415,910,696
88$1,234,230,456$100,879,368$45,397,955$454,856,531
89$1,359,897,991$105,598,486$46,694,816$497,630,016
90$1,498,376,560$110,541,785$48,028,066$544,615,242
91$1,650,972,666$115,720,029$49,398,703$596,235,194
92$1,819,126,068$121,144,501$50,807,750$652,955,699
93$2,004,423,374$126,827,028$52,256,256$715,289,785
94$2,208,613,018$132,780,013$53,745,301$783,802,480
95$2,433,621,768$139,016,455$55,275,990$859,116,099
96$2,681,572,912$145,549,985$56,849,459$941,916,074
97$2,954,806,306$152,394,892$58,466,874$1,032,957,374
98$3,255,900,466$159,566,158$60,129,430$1,133,071,578
99$3,587,696,903$167,079,489$61,838,356$1,243,174,674
100$3,953,326,956$174,951,353$63,594,910$1,364,275,647