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 $6,907 every year, while hoping to spend $57,764 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: 35/42/23 Blend
39$11,200,000$11,200,000$11,200,000$11,200,000
40$12,349,525$11,755,925$11,582,325$12,695,357
41$13,547,716$12,270,504$11,908,872$13,466,224
42$14,866,186$12,808,363$12,244,423$14,291,613
43$16,317,144$13,370,579$12,589,217$15,181,036
44$17,914,039$13,958,284$12,943,503$16,140,237
45$19,671,693$14,572,662$13,307,532$17,175,514
46$21,606,436$15,214,952$13,681,565$18,293,775
47$23,736,262$15,886,455$14,065,867$19,502,594
48$26,080,998$16,588,528$14,460,710$20,810,284
49$28,662,492$17,322,598$14,866,376$22,225,965
50$31,504,817$18,090,156$15,283,151$23,759,649
51$34,634,499$18,892,766$15,711,328$25,422,325
52$38,080,770$19,732,063$16,151,209$27,226,060
53$41,875,837$20,609,762$16,603,103$29,184,105
54$46,055,192$21,527,660$17,067,326$31,311,018
55$50,657,943$22,487,637$17,544,204$33,622,788
56$55,727,187$23,491,665$18,034,068$36,136,984
57$61,310,411$24,541,807$18,537,260$38,872,914
58$67,459,943$25,640,227$19,054,129$41,851,796
59$74,233,448$26,789,188$19,585,033$45,096,955
60$81,694,467$27,991,066$20,130,339$48,634,031
61$89,913,020$29,248,346$20,690,423$52,491,217
62$98,966,266$30,563,632$21,265,669$56,699,512
63$108,939,229$31,939,654$21,856,473$61,293,007
64$119,925,604$33,379,271$22,463,239$66,309,194
65$132,028,639$34,885,478$23,086,380$71,789,316
66$145,362,108$36,461,414$23,726,322$77,778,739
67$160,051,387$38,110,367$24,383,497$84,327,373
68$176,234,636$39,835,783$25,058,352$91,490,129
69$194,064,103$41,641,271$25,751,342$99,327,430
70$213,707,563$43,530,615$26,462,933$107,905,763
71$235,349,897$45,507,777$27,193,603$117,298,298
72$259,194,839$47,576,911$27,943,842$127,585,562
73$285,466,903$49,742,370$28,714,151$138,856,184
74$314,413,494$52,008,713$29,505,042$151,207,723
75$346,307,250$54,380,719$30,317,040$164,747,564
76$381,448,611$56,863,396$31,150,683$179,593,921
77$420,168,659$59,461,992$32,006,520$195,876,937
78$462,832,239$62,182,007$32,885,116$213,739,889
79$509,841,405$65,029,203$33,787,045$233,340,525
80$561,639,215$68,009,620$34,712,897$254,852,535
81$618,713,912$71,129,589$35,663,276$278,467,166
82$681,603,534$74,395,742$36,638,799$304,395,010
83$750,900,993$77,815,032$37,640,098$332,867,966
84$827,259,671$81,394,744$38,667,817$364,141,408
85$911,399,587$85,142,517$39,722,619$398,496,569
86$1,004,114,196$89,066,352$40,805,178$436,243,171
87$1,106,277,879$93,174,638$41,916,187$477,722,325
88$1,218,854,195$97,476,167$43,056,351$523,309,717
89$1,342,904,979$101,980,155$44,226,394$573,419,128
90$1,479,600,363$106,696,259$45,427,055$628,506,311
91$1,630,229,827$111,634,603$46,659,089$689,073,258
92$1,796,214,369$116,805,798$47,923,268$755,672,906
93$1,979,119,919$122,220,967$49,220,381$828,914,325
94$2,180,672,123$127,891,766$50,551,237$909,468,423
95$2,402,772,634$133,830,417$51,916,657$998,074,249
96$2,647,517,064$140,049,728$53,317,486$1,095,545,925
97$2,917,214,766$146,563,127$54,754,584$1,202,780,289
98$3,214,410,640$153,384,688$56,228,830$1,320,765,320
99$3,541,909,151$160,529,164$57,741,122$1,450,589,414
100$3,902,800,812$168,012,021$59,292,377$1,593,451,615