Can I retire at age 40 with 11,300,000?

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 $11,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$933,143$924,831$916,722$908,807$901,078$888,346
2 years$461,952$453,349$445,011$436,926$429,085$416,282
3 years$304,909$296,268$287,951$279,943$272,229$259,754
4 years$226,403$217,789$209,555$201,683$194,156$182,104
5 years$179,311$170,749$162,623$154,912$147,594$136,001
6 years$147,927$139,429$131,424$123,884$116,786$105,665
7 years$125,519$117,093$109,214$101,852$94,979$84,333
8 years$108,720$100,370$92,622$85,441$78,794$68,623
9 years$95,662$87,390$79,775$72,777$66,356$56,655
10 years$85,221$77,030$69,550$62,734$56,538$47,300
11 years$76,684$68,575$61,231$54,598$48,625$39,840
12 years$69,575$61,550$54,341$47,890$42,137$33,796
13 years$63,564$55,623$48,550$42,279$36,745$28,835
14 years$58,417$50,560$43,622$37,531$32,210$24,720
15 years$53,959$46,187$39,385$33,471$28,360$21,277
16 years$50,063$42,376$35,708$29,970$25,065$18,375
17 years$46,629$39,027$32,493$26,927$22,224$15,913
18 years$43,580$36,062$29,662$24,267$19,761$13,815
19 years$40,855$33,422$27,154$21,927$17,613$12,017
20 years$38,405$31,057$24,921$19,859$15,732$10,472
21 years$36,192$28,929$22,922$18,024$14,079$9,140
22 years$34,182$27,004$21,126$16,388$12,620$7,987
23 years$32,350$25,256$19,506$14,925$11,328$6,988
24 years$30,673$23,664$18,040$13,612$10,182$6,120
25 years$29,133$22,207$16,709$12,431$9,162$5,364
26 years$27,714$20,871$15,497$11,367$8,253$4,705
27 years$26,402$19,642$14,390$10,404$7,441$4,130
28 years$25,185$18,509$13,377$9,532$6,714$3,627
29 years$24,055$17,461$12,449$8,741$6,063$3,187
30 years$23,002$16,490$11,596$8,022$5,478$2,802
31 years$22,019$15,588$10,810$7,368$4,953$2,464
32 years$21,099$14,750$10,086$6,771$4,480$2,167
33 years$20,237$13,968$9,417$6,227$4,054$1,907
34 years$19,427$13,239$8,799$5,729$3,671$1,679
35 years$18,665$12,557$8,227$5,274$3,325$1,478
36 years$17,947$11,918$7,696$4,857$3,012$1,301
37 years$17,269$11,320$7,203$4,475$2,730$1,146
38 years$16,629$10,758$6,745$4,125$2,475$1,009
39 years$16,023$10,229$6,320$3,803$2,245$889
40 years$15,449$9,732$5,923$3,508$2,036$783
41 years$14,904$9,264$5,554$3,237$1,847$690
42 years$14,387$8,823$5,210$2,987$1,676$608
43 years$13,894$8,407$4,889$2,757$1,521$536
44 years$13,426$8,013$4,589$2,546$1,381$473
45 years$12,980$7,641$4,309$2,351$1,253$417
46 years$12,554$7,290$4,047$2,172$1,138$367
47 years$12,148$6,956$3,802$2,007$1,033$324
48 years$11,759$6,641$3,573$1,854$938$285
49 years$11,388$6,342$3,358$1,714$852$252
50 years$11,033$6,058$3,157$1,584$774$222

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $11,300,000, adding $3,306 every year, while hoping to spend $34,466 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: 52/19/29 Blend
39$11,300,000$11,300,000$11,300,000$11,300,000
40$12,456,010$11,857,110$11,681,960$13,002,046
41$13,689,852$12,401,437$12,036,634$13,926,766
42$15,048,390$12,971,281$12,402,035$14,928,437
43$16,544,307$13,567,855$12,778,485$16,017,474
44$18,191,579$14,192,433$13,166,317$17,202,239
45$20,005,605$14,846,347$13,565,873$18,491,925
46$22,003,354$15,530,995$13,977,507$19,896,639
47$24,203,525$16,247,842$14,401,582$21,427,498
48$26,626,721$16,998,423$14,838,472$23,096,728
49$29,295,648$17,784,347$15,288,562$24,917,775
50$32,235,325$18,607,302$15,752,250$26,905,431
51$35,473,322$19,469,053$16,229,944$29,075,971
52$39,040,020$20,371,456$16,722,066$31,447,299
53$42,968,896$21,316,451$17,229,050$34,039,117
54$47,296,842$22,306,075$17,751,341$36,873,104
55$52,064,509$23,342,462$18,289,400$39,973,120
56$57,316,695$24,427,849$18,843,701$43,365,421
57$63,102,764$25,564,580$19,414,732$47,078,912
58$69,477,116$26,755,114$20,002,994$51,145,403
59$76,499,694$28,002,027$20,609,007$55,599,915
60$84,236,556$29,308,020$21,233,302$60,481,000
61$92,760,495$30,675,924$21,876,429$65,831,101
62$102,151,729$32,108,707$22,538,952$71,696,944
63$112,498,653$33,609,481$23,221,455$78,129,981
64$123,898,678$35,181,508$23,924,535$85,186,860
65$136,459,147$36,828,206$24,648,812$92,929,961
66$150,298,354$38,553,161$25,394,920$101,427,976
67$165,546,650$40,360,131$26,163,515$110,756,547
68$182,347,686$42,253,055$26,955,270$120,998,979
69$200,859,759$44,236,064$27,770,880$132,247,013
70$221,257,310$46,313,487$28,611,061$144,601,691
71$243,732,572$48,489,864$29,476,548$158,174,292
72$268,497,382$50,769,955$30,368,100$173,087,387
73$295,785,181$53,158,749$31,286,497$189,475,973
74$325,853,220$55,661,477$32,232,544$207,488,749
75$358,984,983$58,283,625$33,207,070$227,289,507
76$395,492,871$61,030,942$34,210,926$249,058,664
77$435,721,143$63,909,457$35,244,991$272,994,961
78$480,049,170$66,925,491$36,310,169$299,317,324
79$528,895,018$70,085,672$37,407,392$328,266,921
80$582,719,388$73,396,948$38,537,618$360,109,424
81$642,029,971$76,866,605$39,701,834$395,137,510
82$707,386,240$80,502,280$40,901,057$433,673,606
83$779,404,729$84,311,984$42,136,335$476,072,921
84$858,764,854$88,304,114$43,408,745$522,726,785
85$946,215,328$92,487,475$44,719,397$574,066,328
86$1,042,581,229$96,871,298$46,069,434$630,566,537
87$1,148,771,788$101,465,266$47,460,034$692,750,718
88$1,265,788,973$106,279,526$48,892,408$761,195,427
89$1,394,736,949$111,324,724$50,367,804$836,535,889
90$1,536,832,499$116,612,017$51,887,507$919,471,980
91$1,693,416,516$122,153,107$53,452,840$1,010,774,814
92$1,865,966,656$127,960,265$55,065,165$1,111,294,001
93$2,056,111,292$134,046,355$56,725,886$1,221,965,650
94$2,265,644,886$140,424,869$58,436,445$1,343,821,180
95$2,496,544,930$147,109,953$60,198,332$1,477,997,040
96$2,750,990,613$154,116,440$62,013,075$1,625,745,407
97$3,031,383,395$161,459,886$63,882,253$1,788,445,988
98$3,340,369,681$169,156,599$65,807,488$1,967,619,016
99$3,680,865,801$177,223,686$67,790,452$2,164,939,575
100$4,056,085,545$185,679,079$69,832,865$2,382,253,387