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%16.9%
1 years$933,143$924,831$916,722$908,807$901,078$875,745
2 years$461,952$453,349$445,011$436,926$429,085$403,755
3 years$304,909$296,268$287,951$279,943$272,229$247,696
4 years$226,403$217,789$209,555$201,683$194,156$170,608
5 years$179,311$170,749$162,623$154,912$147,594$125,096
6 years$147,927$139,429$131,424$123,884$116,786$95,359
7 years$125,519$117,093$109,214$101,852$94,979$74,622
8 years$108,720$100,370$92,622$85,441$78,794$59,497
9 years$95,662$87,390$79,775$72,777$66,356$48,101
10 years$85,221$77,030$69,550$62,734$56,538$39,300
11 years$76,684$68,575$61,231$54,598$48,625$32,376
12 years$69,575$61,550$54,341$47,890$42,137$26,846
13 years$63,564$55,623$48,550$42,279$36,745$22,378
14 years$58,417$50,560$43,622$37,531$32,210$18,734
15 years$53,959$46,187$39,385$33,471$28,360$15,737
16 years$50,063$42,376$35,708$29,970$25,065$13,258
17 years$46,629$39,027$32,493$26,927$22,224$11,197
18 years$43,580$36,062$29,662$24,267$19,761$9,474
19 years$40,855$33,422$27,154$21,927$17,613$8,030
20 years$38,405$31,057$24,921$19,859$15,732$6,816
21 years$36,192$28,929$22,922$18,024$14,079$5,792
22 years$34,182$27,004$21,126$16,388$12,620$4,927
23 years$32,350$25,256$19,506$14,925$11,328$4,194
24 years$30,673$23,664$18,040$13,612$10,182$3,573
25 years$29,133$22,207$16,709$12,431$9,162$3,046
26 years$27,714$20,871$15,497$11,367$8,253$2,598
27 years$26,402$19,642$14,390$10,404$7,441$2,217
28 years$25,185$18,509$13,377$9,532$6,714$1,892
29 years$24,055$17,461$12,449$8,741$6,063$1,616
30 years$23,002$16,490$11,596$8,022$5,478$1,380
31 years$22,019$15,588$10,810$7,368$4,953$1,179
32 years$21,099$14,750$10,086$6,771$4,480$1,007
33 years$20,237$13,968$9,417$6,227$4,054$861
34 years$19,427$13,239$8,799$5,729$3,671$736
35 years$18,665$12,557$8,227$5,274$3,325$629
36 years$17,947$11,918$7,696$4,857$3,012$538
37 years$17,269$11,320$7,203$4,475$2,730$460
38 years$16,629$10,758$6,745$4,125$2,475$393
39 years$16,023$10,229$6,320$3,803$2,245$336
40 years$15,449$9,732$5,923$3,508$2,036$287
41 years$14,904$9,264$5,554$3,237$1,847$246
42 years$14,387$8,823$5,210$2,987$1,676$210
43 years$13,894$8,407$4,889$2,757$1,521$180
44 years$13,426$8,013$4,589$2,546$1,381$154
45 years$12,980$7,641$4,309$2,351$1,253$132
46 years$12,554$7,290$4,047$2,172$1,138$112
47 years$12,148$6,956$3,802$2,007$1,033$96
48 years$11,759$6,641$3,573$1,854$938$82
49 years$11,388$6,342$3,358$1,714$852$70
50 years$11,033$6,058$3,157$1,584$774$60

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 $3,032 every year, while hoping to spend $31,732 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: 58/25/17 Blend
39$11,300,000$11,300,000$11,300,000$11,300,000
40$12,455,728$11,856,828$11,681,678$13,122,827
41$13,692,449$12,404,049$12,039,251$14,122,467
42$15,054,253$12,977,022$12,407,740$15,207,963
43$16,553,863$13,576,973$12,787,476$16,390,594
44$18,205,303$14,205,190$13,178,802$17,679,719
45$20,024,022$14,863,022$13,582,070$19,085,630
46$22,027,046$15,551,884$13,997,643$20,619,644
47$24,233,137$16,273,259$14,425,896$22,294,207
48$26,662,968$17,028,699$14,867,215$24,123,009
49$29,339,320$17,819,835$15,321,996$26,121,106
50$32,287,298$18,648,374$15,790,650$28,305,065
51$35,534,563$19,516,105$16,273,597$30,693,109
52$39,111,599$20,424,905$16,771,273$33,305,291
53$43,051,996$21,376,740$17,284,126$36,163,675
54$47,392,772$22,373,671$17,812,615$39,292,543
55$52,174,714$23,417,861$18,357,218$42,718,615
56$57,442,773$24,511,575$18,918,423$46,471,301
57$63,246,481$25,657,186$19,496,735$50,582,972
58$69,640,419$26,857,186$20,092,673$55,089,260
59$76,684,738$28,114,184$20,706,774$60,029,388
60$84,445,719$29,430,917$21,339,588$65,446,535
61$92,996,402$30,810,252$21,991,684$71,388,238
62$102,417,278$32,255,196$22,663,648$77,906,835
63$112,797,043$33,768,904$23,356,083$85,059,950
64$124,233,440$35,354,679$24,069,610$92,911,033
65$136,834,179$37,015,986$24,804,870$101,529,948
66$150,717,954$38,756,459$25,562,523$110,993,629
67$166,015,566$40,579,905$26,343,248$121,386,797
68$182,871,152$42,490,319$27,147,744$132,802,749
69$201,443,550$44,491,885$27,976,735$145,344,233
70$221,907,799$46,588,994$28,830,962$159,124,408
71$244,456,787$48,786,247$29,711,192$174,267,902
72$269,303,074$51,088,469$30,618,212$190,911,980
73$296,680,902$53,500,718$31,552,836$209,207,827
74$326,848,399$56,028,298$32,515,901$229,321,970
75$360,090,021$58,676,770$33,508,269$251,437,829
76$396,719,235$61,451,964$34,530,829$275,757,446
77$437,081,481$64,359,994$35,584,495$302,503,376
78$481,557,427$67,407,269$36,670,211$331,920,775
79$530,566,570$70,600,510$37,788,948$364,279,701
80$584,571,189$73,946,764$38,941,706$399,877,649
81$644,080,714$77,453,419$40,129,517$439,042,345
82$709,656,533$81,128,224$41,353,443$482,134,824
83$781,917,293$84,979,300$42,614,577$529,552,824
84$861,544,738$89,015,167$43,914,046$581,734,520
85$949,290,147$93,244,756$45,253,012$639,162,645
86$1,045,981,425$97,677,431$46,632,671$702,369,032
87$1,152,530,919$102,323,014$48,054,254$771,939,606
88$1,269,944,032$107,191,801$49,519,031$848,519,907
89$1,399,328,713$112,294,590$51,028,309$932,821,151
90$1,541,905,920$117,642,703$52,583,435$1,025,626,932
91$1,699,021,141$123,248,012$54,185,797$1,127,800,591
92$1,872,157,099$129,122,967$55,836,823$1,240,293,341
93$2,062,947,754$135,280,622$57,537,987$1,364,153,225
94$2,273,193,720$141,734,668$59,290,805$1,500,534,983
95$2,504,879,271$148,499,458$61,096,838$1,650,710,922
96$2,760,191,072$155,590,047$62,957,698$1,816,082,901
97$3,041,538,821$163,022,219$64,875,041$1,998,195,534
98$3,351,578,001$170,812,528$66,850,575$2,198,750,742
99$3,693,234,947$178,978,332$68,886,059$2,419,623,783
100$4,069,734,475$187,537,834$70,983,306$2,662,880,922