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

Use the below retirement simulation to view the chances of a successful retirement.
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%18.8%
1 years$924,886$916,647$908,609$900,764$893,104$861,416
2 years$457,864$449,337$441,073$433,060$425,287$393,700
3 years$302,211$293,647$285,403$277,466$269,820$239,326
4 years$224,399$215,861$207,700$199,898$192,438$163,270
5 years$177,725$169,238$161,184$153,541$146,288$118,523
6 years$146,618$138,195$130,261$122,788$115,753$89,412
7 years$124,408$116,056$108,247$100,951$94,138$69,215
8 years$107,758$99,482$91,802$84,685$78,097$54,571
9 years$94,815$86,617$79,069$72,133$65,769$43,610
10 years$84,467$76,348$68,934$62,179$56,038$35,208
11 years$76,005$67,969$60,689$54,115$48,195$28,651
12 years$68,959$61,005$53,860$47,466$41,764$23,460
13 years$63,002$55,131$48,120$41,905$36,419$19,305
14 years$57,900$50,112$43,236$37,199$31,925$15,949
15 years$53,482$45,778$39,036$33,175$28,109$13,219
16 years$49,620$42,001$35,392$29,704$24,843$10,985
17 years$46,216$38,681$32,205$26,689$22,028$9,149
18 years$43,194$35,743$29,399$24,052$19,586$7,633
19 years$40,493$33,126$26,914$21,733$17,457$6,377
20 years$38,065$30,783$24,700$19,684$15,593$5,335
21 years$35,871$28,673$22,719$17,864$13,954$4,467
22 years$33,880$26,765$20,939$16,243$12,508$3,744
23 years$32,064$25,033$19,334$14,793$11,228$3,140
24 years$30,402$23,454$17,881$13,492$10,092$2,635
25 years$28,875$22,010$16,561$12,321$9,081$2,212
26 years$27,468$20,686$15,359$11,266$8,180$1,858
27 years$26,168$19,468$14,263$10,312$7,375$1,561
28 years$24,962$18,345$13,259$9,448$6,655$1,312
29 years$23,842$17,306$12,339$8,664$6,009$1,103
30 years$22,798$16,344$11,493$7,951$5,429$928
31 years$21,824$15,450$10,715$7,303$4,909$780
32 years$20,912$14,619$9,997$6,711$4,440$656
33 years$20,058$13,845$9,334$6,172$4,018$552
34 years$19,255$13,122$8,721$5,679$3,638$464
35 years$18,500$12,446$8,154$5,227$3,295$391
36 years$17,788$11,813$7,628$4,814$2,986$329
37 years$17,117$11,219$7,139$4,436$2,706$277
38 years$16,482$10,662$6,686$4,089$2,453$233
39 years$15,881$10,139$6,264$3,770$2,225$196
40 years$15,312$9,646$5,871$3,477$2,018$165
41 years$14,772$9,182$5,505$3,208$1,831$139
42 years$14,259$8,745$5,164$2,961$1,661$117
43 years$13,771$8,332$4,846$2,733$1,508$98
44 years$13,307$7,942$4,549$2,524$1,368$83
45 years$12,865$7,574$4,271$2,331$1,242$70
46 years$12,443$7,225$4,011$2,153$1,128$59
47 years$12,040$6,895$3,769$1,989$1,024$49
48 years$11,655$6,582$3,541$1,838$930$42
49 years$11,287$6,286$3,329$1,698$845$35
50 years$10,935$6,004$3,130$1,570$767$29

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 $6,041 every year, while hoping to spend $59,352 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: 64/24/12 Blend
39$11,200,000$11,200,000$11,200,000$11,200,000
40$12,348,631$11,755,031$11,581,431$13,104,513
41$13,545,042$12,267,878$11,906,259$14,123,341
42$14,861,497$12,803,864$12,239,980$15,228,300
43$16,310,178$13,364,063$12,582,828$16,433,748
44$17,904,508$13,949,594$12,935,045$17,749,464
45$19,659,277$14,561,633$13,296,878$19,186,206
46$21,590,781$15,201,410$13,668,580$20,755,808
47$23,716,975$15,870,214$14,050,412$22,471,291
48$26,057,644$16,569,392$14,442,639$24,346,982
49$28,634,591$17,300,359$14,845,534$26,398,646
50$31,471,836$18,064,594$15,259,377$28,643,634
51$34,595,851$18,863,647$15,684,453$31,101,040
52$38,035,803$19,699,140$16,121,057$33,791,880
53$41,823,832$20,572,775$16,569,490$36,739,289
54$45,995,353$21,486,332$17,030,059$39,968,731
55$50,589,393$22,441,676$17,503,079$43,508,238
56$55,648,954$23,440,761$17,988,876$47,388,672
57$61,221,423$24,485,634$18,487,778$51,644,011
58$67,359,016$25,578,438$19,000,127$56,311,663
59$74,119,274$26,721,420$19,526,269$61,432,820
60$81,565,601$27,916,931$20,066,561$67,052,836
61$89,767,868$29,167,436$20,621,366$73,221,656
62$98,803,067$30,475,517$21,191,058$79,994,277
63$108,756,042$31,843,878$21,776,020$87,431,265
64$119,720,284$33,275,354$22,376,643$95,599,323
65$131,798,819$34,772,913$22,993,326$104,571,907
66$145,105,177$36,339,664$23,626,482$114,429,924
67$159,764,465$37,978,867$24,276,528$125,262,481
68$175,914,544$39,693,936$24,943,896$137,167,723
69$193,707,336$41,488,447$25,629,025$150,253,752
70$213,310,252$43,366,149$26,332,365$164,639,639
71$234,907,776$45,330,968$27,054,377$180,456,544
72$258,703,203$47,387,020$27,795,533$197,848,942
73$284,920,562$49,538,615$28,556,315$216,975,980
74$313,806,724$51,790,273$29,337,217$238,012,972
75$345,633,739$54,146,725$30,138,743$261,153,044
76$380,701,399$56,612,934$30,961,410$286,608,946
77$419,340,072$59,194,097$31,805,746$314,615,054
78$461,913,813$61,895,662$32,672,293$345,429,570
79$508,823,809$64,723,336$33,561,602$379,336,947
80$560,512,160$67,683,103$34,474,238$416,650,568
81$617,466,056$70,781,230$35,410,780$457,715,686
82$680,222,370$74,024,287$36,371,819$502,912,677
83$749,372,735$77,419,160$37,357,957$552,660,616
84$825,569,119$80,973,063$38,369,814$607,421,215
85$909,529,985$84,693,560$39,408,018$667,703,177
86$1,002,047,073$88,588,574$40,473,217$734,066,975
87$1,103,992,873$92,666,412$41,566,068$807,130,132
88$1,216,328,860$96,935,780$42,687,245$887,573,033
89$1,340,114,572$101,405,802$43,837,436$976,145,332
90$1,476,517,612$106,086,040$45,017,344$1,073,673,011
91$1,626,824,669$110,986,517$46,227,686$1,181,066,160
92$1,792,453,668$116,117,739$47,469,196$1,299,327,549
93$1,974,967,150$121,490,716$48,742,622$1,429,562,073
94$2,176,087,029$127,116,990$50,048,729$1,572,987,165
95$2,397,710,842$133,008,659$51,388,298$1,730,944,261
96$2,641,929,666$139,178,402$52,762,124$1,904,911,451
97$2,911,047,858$145,639,510$54,171,022$2,096,517,398
98$3,207,604,809$152,405,916$55,615,821$2,307,556,694
99$3,534,398,917$159,492,222$57,097,367$2,540,006,777
100$3,894,514,003$166,913,738$58,616,526$2,796,046,566