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%12.4%
1 years$941,401$933,016$924,835$916,849$909,052$899,933
2 years$466,040$457,361$448,949$440,793$432,882$423,697
3 years$307,607$298,890$290,500$282,420$274,638$265,673
4 years$228,406$219,716$211,409$203,468$195,874$187,197
5 years$180,898$172,260$164,062$156,283$148,900$140,537
6 years$149,236$140,663$132,587$124,981$117,820$109,781
7 years$126,630$118,129$110,180$102,754$95,819$88,107
8 years$109,682$101,258$93,442$86,197$79,491$72,106
9 years$96,508$88,163$80,481$73,421$66,943$59,883
10 years$85,975$77,712$70,165$63,290$57,039$50,299
11 years$77,362$69,182$61,772$55,081$49,055$42,630
12 years$70,191$62,094$54,821$48,313$42,510$36,393
13 years$64,127$56,115$48,979$42,653$37,070$31,254
14 years$58,934$51,007$44,008$37,863$32,495$26,973
15 years$54,437$46,596$39,733$33,767$28,611$23,374
16 years$50,506$42,751$36,024$30,235$25,287$20,325
17 years$47,042$39,372$32,781$27,166$22,421$17,727
18 years$43,965$36,381$29,924$24,482$19,936$15,500
19 years$41,216$33,718$27,394$22,121$17,769$13,582
20 years$38,745$31,332$25,141$20,035$15,872$11,923
21 years$36,512$29,185$23,125$18,183$14,203$10,484
22 years$34,485$27,243$21,313$16,533$12,731$9,232
23 years$32,637$25,480$19,679$15,057$11,428$8,139
24 years$30,945$23,873$18,200$13,733$10,272$7,183
25 years$29,391$22,404$16,857$12,541$9,243$6,346
26 years$27,959$21,056$15,634$11,467$8,326$5,611
27 years$26,635$19,816$14,517$10,496$7,507$4,964
28 years$25,408$18,672$13,496$9,617$6,773$4,395
29 years$24,268$17,615$12,559$8,819$6,116$3,893
30 years$23,205$16,636$11,698$8,093$5,526$3,450
31 years$22,214$15,726$10,906$7,433$4,996$3,059
32 years$21,286$14,880$10,175$6,831$4,520$2,714
33 years$20,416$14,092$9,501$6,282$4,090$2,408
34 years$19,599$13,356$8,877$5,780$3,703$2,137
35 years$18,830$12,668$8,299$5,321$3,354$1,897
36 years$18,106$12,024$7,764$4,900$3,039$1,685
37 years$17,422$11,420$7,267$4,515$2,754$1,496
38 years$16,776$10,853$6,805$4,162$2,497$1,329
39 years$16,165$10,320$6,376$3,837$2,264$1,181
40 years$15,586$9,819$5,976$3,539$2,054$1,050
41 years$15,036$9,346$5,603$3,265$1,863$933
42 years$14,514$8,901$5,256$3,014$1,691$829
43 years$14,017$8,481$4,932$2,782$1,535$737
44 years$13,545$8,084$4,630$2,569$1,393$655
45 years$13,095$7,709$4,347$2,372$1,264$583
46 years$12,665$7,354$4,083$2,191$1,148$518
47 years$12,255$7,018$3,836$2,024$1,043$461
48 years$11,863$6,700$3,605$1,871$947$410
49 years$11,489$6,398$3,388$1,729$860$364
50 years$11,130$6,111$3,185$1,598$781$324

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 $2,448 every year, while hoping to spend $24,645 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: 55/31/14 Blend
39$11,400,000$11,400,000$11,400,000$11,400,000
40$12,565,325$11,961,125$11,784,425$13,210,378
41$13,820,766$12,520,998$12,152,981$14,208,877
42$15,203,436$13,107,479$12,533,058$15,292,687
43$16,726,287$13,721,845$12,925,015$16,472,250
44$18,403,589$14,365,437$13,329,224$17,756,704
45$20,251,070$15,039,658$13,746,068$19,156,094
46$22,286,058$15,745,980$14,175,941$20,681,459
47$24,527,651$16,485,948$14,619,250$22,344,934
48$26,996,891$17,261,180$15,076,414$24,159,861
49$29,716,968$18,073,371$15,547,868$26,140,908
50$32,713,433$18,924,301$16,034,057$28,304,207
51$36,014,447$19,815,835$16,535,441$30,667,497
52$39,651,037$20,749,928$17,052,495$33,250,291
53$43,657,398$21,728,629$17,585,708$36,074,049
54$48,071,209$22,754,089$18,135,586$39,162,382
55$52,933,993$23,828,560$18,702,648$42,541,264
56$58,291,505$24,954,404$19,287,432$46,239,275
57$64,194,169$26,134,100$19,890,491$50,287,861
58$70,697,547$27,370,244$20,512,396$54,721,627
59$77,862,871$28,665,560$21,153,735$59,578,655
60$85,757,614$30,022,903$21,815,116$64,900,858
61$94,456,132$31,445,266$22,497,163$70,734,367
62$104,040,363$32,935,790$23,200,524$77,129,959
63$114,600,601$34,497,765$23,925,862$84,143,527
64$126,236,349$36,134,642$24,673,866$91,836,603
65$139,057,258$37,850,041$25,445,242$100,276,925
66$153,184,161$39,647,755$26,240,720$109,539,069
67$168,750,215$41,531,764$27,061,053$119,705,146
68$185,902,155$43,506,240$27,907,017$130,865,560
69$204,801,686$45,575,556$28,779,413$143,119,858
70$225,627,000$47,744,301$29,679,065$156,577,655
71$248,574,466$50,017,283$30,606,826$171,359,658
72$273,860,479$52,399,548$31,563,572$187,598,789
73$301,723,505$54,896,383$32,550,209$205,441,436
74$332,426,331$57,513,334$33,567,670$225,048,811
75$366,258,547$60,256,218$34,616,917$246,598,466
76$403,539,278$63,131,131$35,698,943$270,285,948
77$444,620,198$66,144,470$36,814,771$296,326,636
78$489,888,849$69,302,940$37,965,456$324,957,753
79$539,772,300$72,613,573$39,152,087$356,440,589
80$594,741,179$76,083,742$40,375,787$391,062,952
81$655,314,115$79,721,181$41,637,711$429,141,865
82$722,062,634$83,533,999$42,939,054$471,026,541
83$795,616,557$87,530,698$44,281,046$517,101,657
84$876,669,941$91,720,198$45,664,956$567,790,965
85$965,987,635$96,111,848$47,092,093$623,561,271
86$1,064,412,502$100,715,456$48,563,806$684,926,818
87$1,172,873,370$105,541,306$50,081,486$752,454,115
88$1,292,393,806$110,600,183$51,646,569$826,767,260
89$1,424,101,778$115,903,396$53,260,533$908,553,808
90$1,569,240,304$121,462,807$54,924,905$998,571,229
91$1,729,179,183$127,290,853$56,641,257$1,097,654,032
92$1,905,427,934$133,400,579$58,411,214$1,206,721,613
93$2,099,650,041$139,805,664$60,236,447$1,326,786,900
94$2,313,678,658$146,520,455$62,118,681$1,458,965,883
95$2,549,533,921$153,559,997$64,059,696$1,604,488,116
96$2,809,442,011$160,940,067$66,061,327$1,764,708,286
97$3,095,856,179$168,677,214$68,125,464$1,941,118,962
98$3,411,479,902$176,788,789$70,254,059$2,135,364,646
99$3,759,292,405$185,292,993$72,449,124$2,349,257,258
100$4,142,576,793$194,208,912$74,712,732$2,584,793,194