Can I retire at age 40 with 11,400,000?

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 $11,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$941,401$933,016$924,835$916,849$909,052$873,329
2 years$466,040$457,361$448,949$440,793$432,882$397,329
3 years$307,607$298,890$290,500$282,420$274,638$240,374
4 years$228,406$219,716$211,409$203,468$195,874$163,160
5 years$180,898$172,260$164,062$156,283$148,900$117,820
6 years$149,236$140,663$132,587$124,981$117,820$88,393
7 years$126,630$118,129$110,180$102,754$95,819$68,036
8 years$109,682$101,258$93,442$86,197$79,491$53,324
9 years$96,508$88,163$80,481$73,421$66,943$42,352
10 years$85,975$77,712$70,165$63,290$57,039$33,977
11 years$77,362$69,182$61,772$55,081$49,055$27,469
12 years$70,191$62,094$54,821$48,313$42,510$22,343
13 years$64,127$56,115$48,979$42,653$37,070$18,260
14 years$58,934$51,007$44,008$37,863$32,495$14,981
15 years$54,437$46,596$39,733$33,767$28,611$12,328
16 years$50,506$42,751$36,024$30,235$25,287$10,171
17 years$47,042$39,372$32,781$27,166$22,421$8,408
18 years$43,965$36,381$29,924$24,482$19,936$6,962
19 years$41,216$33,718$27,394$22,121$17,769$5,773
20 years$38,745$31,332$25,141$20,035$15,872$4,793
21 years$36,512$29,185$23,125$18,183$14,203$3,982
22 years$34,485$27,243$21,313$16,533$12,731$3,312
23 years$32,637$25,480$19,679$15,057$11,428$2,756
24 years$30,945$23,873$18,200$13,733$10,272$2,294
25 years$29,391$22,404$16,857$12,541$9,243$1,911
26 years$27,959$21,056$15,634$11,467$8,326$1,592
27 years$26,635$19,816$14,517$10,496$7,507$1,327
28 years$25,408$18,672$13,496$9,617$6,773$1,106
29 years$24,268$17,615$12,559$8,819$6,116$922
30 years$23,205$16,636$11,698$8,093$5,526$769
31 years$22,214$15,726$10,906$7,433$4,996$642
32 years$21,286$14,880$10,175$6,831$4,520$535
33 years$20,416$14,092$9,501$6,282$4,090$447
34 years$19,599$13,356$8,877$5,780$3,703$373
35 years$18,830$12,668$8,299$5,321$3,354$311
36 years$18,106$12,024$7,764$4,900$3,039$259
37 years$17,422$11,420$7,267$4,515$2,754$217
38 years$16,776$10,853$6,805$4,162$2,497$181
39 years$16,165$10,320$6,376$3,837$2,264$151
40 years$15,586$9,819$5,976$3,539$2,054$126
41 years$15,036$9,346$5,603$3,265$1,863$105
42 years$14,514$8,901$5,256$3,014$1,691$88
43 years$14,017$8,481$4,932$2,782$1,535$73
44 years$13,545$8,084$4,630$2,569$1,393$61
45 years$13,095$7,709$4,347$2,372$1,264$51
46 years$12,665$7,354$4,083$2,191$1,148$43
47 years$12,255$7,018$3,836$2,024$1,043$36
48 years$11,863$6,700$3,605$1,871$947$30
49 years$11,489$6,398$3,388$1,729$860$25
50 years$11,130$6,111$3,185$1,598$781$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $11,400,000, adding $5,225 every year, while hoping to spend $34,548 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: 42/38/20 Blend
39$11,400,000$11,400,000$11,400,000$11,400,000
40$12,568,190$11,963,990$11,787,290$13,022,212
41$13,813,386$12,513,466$12,145,405$13,894,466
42$15,184,435$13,088,709$12,514,359$14,834,688
43$16,694,136$13,690,945$12,894,479$15,852,153
44$18,356,595$14,321,458$13,286,101$16,953,973
45$20,187,354$14,981,596$13,689,572$18,147,949
46$22,203,539$15,672,769$14,105,248$19,442,646
47$24,424,023$16,396,458$14,533,497$20,847,463
48$26,869,602$17,154,213$14,974,697$22,372,722
49$29,563,191$17,947,659$15,429,239$24,029,758
50$32,530,042$18,778,500$15,897,525$25,831,021
51$35,797,982$19,648,522$16,379,967$27,790,187
52$39,397,672$20,559,596$16,876,992$29,922,283
53$43,362,902$21,513,683$17,389,039$32,243,819
54$47,730,906$22,512,841$17,916,559$34,772,944
55$52,542,713$23,559,225$18,460,018$37,529,601
56$57,843,536$24,655,094$19,019,896$40,535,718
57$63,683,200$25,802,817$19,596,686$43,815,402
58$70,116,608$27,004,877$20,190,896$47,395,158
59$77,204,262$28,263,875$20,803,051$51,304,136
60$85,012,833$29,582,542$21,433,689$55,574,392
61$93,615,791$30,963,735$22,083,367$60,241,187
62$103,094,097$32,410,454$22,752,655$65,343,306
63$113,536,970$33,925,841$23,442,144$70,923,418
64$125,042,725$35,513,191$24,152,440$77,028,465
65$137,719,704$37,175,958$24,884,168$83,710,100
66$151,687,297$38,917,764$25,637,971$91,025,157
67$167,077,071$40,742,404$26,414,512$99,036,180
68$184,034,008$42,653,857$27,214,474$107,812,001
69$202,717,878$44,656,297$28,038,560$117,428,377
70$223,304,743$46,754,097$28,887,493$127,968,689
71$245,988,622$48,951,843$29,762,020$139,524,720
72$270,983,320$51,254,343$30,662,906$152,197,502
73$298,524,450$53,666,636$31,590,945$166,098,259
74$328,871,651$56,194,009$32,546,948$181,349,437
75$362,311,044$58,842,000$33,531,756$198,085,847
76$399,157,931$61,616,419$34,546,231$216,455,918
77$439,759,773$64,523,356$35,591,262$236,623,079
78$484,499,466$67,569,197$36,667,765$258,767,286
79$533,798,959$70,760,635$37,776,684$283,086,697
80$588,123,239$74,104,692$38,918,988$309,799,525
81$647,984,714$77,608,727$40,095,679$339,146,075
82$713,948,055$81,280,455$41,307,785$371,390,988
83$786,635,528$85,127,968$42,556,367$406,825,717
84$866,732,863$89,159,750$43,842,517$445,771,254
85$954,995,733$93,384,696$45,167,359$488,581,133
86$1,052,256,883$97,812,131$46,532,050$535,644,738
87$1,159,433,996$102,451,836$47,937,784$587,390,956
88$1,277,538,351$107,314,064$49,385,788$644,292,188
89$1,407,684,377$112,409,567$50,877,326$706,868,784
90$1,551,100,166$117,749,618$52,413,699$775,693,917
91$1,709,139,073$123,346,040$53,996,248$851,398,964
92$1,883,292,490$129,211,227$55,626,353$934,679,427
93$2,075,203,923$135,358,177$57,305,436$1,026,301,463
94$2,286,684,515$141,800,518$59,034,959$1,127,109,074
95$2,519,730,135$148,552,543$60,816,430$1,238,032,039
96$2,776,540,228$155,629,237$62,651,400$1,360,094,644
97$3,059,538,575$163,046,314$64,541,466$1,494,425,306
98$3,371,396,178$170,820,252$66,488,273$1,642,267,179
99$3,715,056,474$178,968,330$68,493,516$1,804,989,843
100$4,093,763,123$187,508,667$70,558,938$1,984,102,178