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

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 $11,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$941,401$933,016$924,835$916,849$909,052$899,559
2 years$466,040$457,361$448,949$440,793$432,882$423,322
3 years$307,607$298,890$290,500$282,420$274,638$265,308
4 years$228,406$219,716$211,409$203,468$195,874$186,845
5 years$180,898$172,260$164,062$156,283$148,900$140,200
6 years$149,236$140,663$132,587$124,981$117,820$109,458
7 years$126,630$118,129$110,180$102,754$95,819$87,800
8 years$109,682$101,258$93,442$86,197$79,491$71,814
9 years$96,508$88,163$80,481$73,421$66,943$59,605
10 years$85,975$77,712$70,165$63,290$57,039$50,035
11 years$77,362$69,182$61,772$55,081$49,055$42,380
12 years$70,191$62,094$54,821$48,313$42,510$36,157
13 years$64,127$56,115$48,979$42,653$37,070$31,031
14 years$58,934$51,007$44,008$37,863$32,495$26,763
15 years$54,437$46,596$39,733$33,767$28,611$23,176
16 years$50,506$42,751$36,024$30,235$25,287$20,140
17 years$47,042$39,372$32,781$27,166$22,421$17,553
18 years$43,965$36,381$29,924$24,482$19,936$15,336
19 years$41,216$33,718$27,394$22,121$17,769$13,429
20 years$38,745$31,332$25,141$20,035$15,872$11,780
21 years$36,512$29,185$23,125$18,183$14,203$10,351
22 years$34,485$27,243$21,313$16,533$12,731$9,108
23 years$32,637$25,480$19,679$15,057$11,428$8,024
24 years$30,945$23,873$18,200$13,733$10,272$7,076
25 years$29,391$22,404$16,857$12,541$9,243$6,246
26 years$27,959$21,056$15,634$11,467$8,326$5,518
27 years$26,635$19,816$14,517$10,496$7,507$4,878
28 years$25,408$18,672$13,496$9,617$6,773$4,315
29 years$24,268$17,615$12,559$8,819$6,116$3,820
30 years$23,205$16,636$11,698$8,093$5,526$3,382
31 years$22,214$15,726$10,906$7,433$4,996$2,997
32 years$21,286$14,880$10,175$6,831$4,520$2,656
33 years$20,416$14,092$9,501$6,282$4,090$2,355
34 years$19,599$13,356$8,877$5,780$3,703$2,088
35 years$18,830$12,668$8,299$5,321$3,354$1,852
36 years$18,106$12,024$7,764$4,900$3,039$1,643
37 years$17,422$11,420$7,267$4,515$2,754$1,458
38 years$16,776$10,853$6,805$4,162$2,497$1,295
39 years$16,165$10,320$6,376$3,837$2,264$1,149
40 years$15,586$9,819$5,976$3,539$2,054$1,020
41 years$15,036$9,346$5,603$3,265$1,863$906
42 years$14,514$8,901$5,256$3,014$1,691$805
43 years$14,017$8,481$4,932$2,782$1,535$715
44 years$13,545$8,084$4,630$2,569$1,393$635
45 years$13,095$7,709$4,347$2,372$1,264$564
46 years$12,665$7,354$4,083$2,191$1,148$501
47 years$12,255$7,018$3,836$2,024$1,043$445
48 years$11,863$6,700$3,605$1,871$947$395
49 years$11,489$6,398$3,388$1,729$860$351
50 years$11,130$6,111$3,185$1,598$781$312

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 $3,216 every year, while hoping to spend $44,312 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: 69/18/13 Blend
39$11,400,000$11,400,000$11,400,000$11,400,000
40$12,566,117$11,961,917$11,785,217$13,396,799
41$13,800,714$12,500,904$12,132,874$14,488,259
42$15,159,754$13,064,815$12,490,693$15,676,322
43$16,655,884$13,654,826$12,858,966$16,974,963
44$18,303,039$14,272,168$13,237,997$18,395,050
45$20,116,574$14,918,129$13,628,095$19,948,544
46$22,113,409$15,594,062$14,029,580$21,648,609
47$24,312,186$16,301,380$14,442,781$23,509,731
48$26,733,449$17,041,568$14,868,034$25,547,859
49$29,399,837$17,816,181$15,305,689$27,780,544
50$32,336,292$18,626,846$15,756,102$30,227,110
51$35,570,303$19,475,270$16,219,640$32,908,829
52$39,132,157$20,363,241$16,696,681$35,849,120
53$43,055,232$21,292,635$17,187,614$39,073,770
54$47,376,305$22,265,414$17,692,839$42,611,167
55$52,135,905$23,283,636$18,212,767$46,492,573
56$57,378,692$24,349,459$18,747,819$50,752,411
57$63,153,878$25,465,142$19,298,430$55,428,585
58$69,515,694$26,633,054$19,865,048$60,562,840
59$76,523,899$27,855,678$20,448,131$66,201,145
60$84,244,345$29,135,614$21,048,152$72,394,128
61$92,749,600$30,475,591$21,665,596$79,197,548
62$102,119,629$31,878,465$22,300,964$86,672,817
63$112,442,552$33,347,231$22,954,767$94,887,573
64$123,815,475$34,885,028$23,627,535$103,916,319
65$136,345,406$36,495,146$24,319,809$113,841,114
66$150,150,263$38,181,034$25,032,149$124,752,348
67$165,359,991$39,946,306$25,765,127$136,749,588
68$182,117,784$41,794,750$26,519,333$149,942,512
69$200,581,442$43,730,336$27,295,374$164,451,937
70$220,924,853$45,757,226$28,093,873$180,410,955
71$243,339,642$47,879,784$28,915,472$197,966,185
72$268,036,973$50,102,581$29,760,828$217,279,142
73$295,249,548$52,430,411$30,630,619$238,527,766
74$325,233,799$54,868,298$31,525,542$261,908,085
75$358,272,310$57,421,509$32,446,311$287,636,060
76$394,676,486$60,095,563$33,393,663$315,949,621
77$434,789,491$62,896,249$34,368,354$347,110,895
78$478,989,487$65,829,633$35,371,162$381,408,680
79$527,693,203$68,902,074$36,402,885$419,161,159
80$581,359,873$72,120,238$37,464,344$460,718,890
81$640,495,564$75,491,114$38,556,384$506,468,113
82$705,657,961$79,022,028$39,679,872$556,834,379
83$777,461,626$82,720,660$40,835,700$612,286,559
84$856,583,801$86,595,062$42,024,785$673,341,259
85$943,770,802$90,653,673$43,248,069$740,567,683
86$1,039,845,064$94,905,343$44,506,520$814,592,995
87$1,145,712,904$99,359,349$45,801,132$896,108,228
88$1,262,373,079$104,025,416$47,132,928$985,874,789
89$1,390,926,212$108,913,740$48,502,960$1,084,731,637
90$1,532,585,183$114,035,010$49,912,307$1,193,603,186
91$1,688,686,581$119,400,435$51,362,078$1,313,508,018
92$1,860,703,319$125,021,764$52,853,415$1,445,568,478
93$2,050,258,542$130,911,314$54,387,489$1,591,021,258
94$2,259,140,947$137,082,003$55,965,504$1,751,229,047
95$2,489,321,673$143,547,370$57,588,697$1,927,693,384
96$2,742,972,906$150,321,613$59,258,341$2,122,068,809
97$3,022,488,388$157,419,618$60,975,741$2,336,178,460
98$3,330,506,014$164,856,990$62,742,239$2,572,031,271
99$3,669,932,739$172,650,094$64,559,216$2,831,840,904
100$4,043,972,016$180,816,086$66,428,087$3,118,046,634