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%18.4%
1 years$941,401$933,016$924,835$916,849$909,052$878,196
2 years$466,040$457,361$448,949$440,793$432,882$402,105
3 years$307,607$298,890$290,500$282,420$274,638$244,906
4 years$228,406$219,716$211,409$203,468$195,874$167,414
5 years$180,898$172,260$164,062$156,283$148,900$121,788
6 years$149,236$140,663$132,587$124,981$117,820$92,077
7 years$126,630$118,129$110,180$102,754$95,819$71,441
8 years$109,682$101,258$93,442$86,197$79,491$56,460
9 years$96,508$88,163$80,481$73,421$66,943$45,230
10 years$85,975$77,712$70,165$63,290$57,039$36,608
11 years$77,362$69,182$61,772$55,081$49,055$29,868
12 years$70,191$62,094$54,821$48,313$42,510$24,522
13 years$64,127$56,115$48,979$42,653$37,070$20,234
14 years$58,934$51,007$44,008$37,863$32,495$16,763
15 years$54,437$46,596$39,733$33,767$28,611$13,933
16 years$50,506$42,751$36,024$30,235$25,287$11,612
17 years$47,042$39,372$32,781$27,166$22,421$9,699
18 years$43,965$36,381$29,924$24,482$19,936$8,116
19 years$41,216$33,718$27,394$22,121$17,769$6,802
20 years$38,745$31,332$25,141$20,035$15,872$5,708
21 years$36,512$29,185$23,125$18,183$14,203$4,794
22 years$34,485$27,243$21,313$16,533$12,731$4,031
23 years$32,637$25,480$19,679$15,057$11,428$3,391
24 years$30,945$23,873$18,200$13,733$10,272$2,855
25 years$29,391$22,404$16,857$12,541$9,243$2,405
26 years$27,959$21,056$15,634$11,467$8,326$2,026
27 years$26,635$19,816$14,517$10,496$7,507$1,708
28 years$25,408$18,672$13,496$9,617$6,773$1,440
29 years$24,268$17,615$12,559$8,819$6,116$1,215
30 years$23,205$16,636$11,698$8,093$5,526$1,025
31 years$22,214$15,726$10,906$7,433$4,996$865
32 years$21,286$14,880$10,175$6,831$4,520$730
33 years$20,416$14,092$9,501$6,282$4,090$616
34 years$19,599$13,356$8,877$5,780$3,703$520
35 years$18,830$12,668$8,299$5,321$3,354$439
36 years$18,106$12,024$7,764$4,900$3,039$370
37 years$17,422$11,420$7,267$4,515$2,754$313
38 years$16,776$10,853$6,805$4,162$2,497$264
39 years$16,165$10,320$6,376$3,837$2,264$223
40 years$15,586$9,819$5,976$3,539$2,054$188
41 years$15,036$9,346$5,603$3,265$1,863$159
42 years$14,514$8,901$5,256$3,014$1,691$134
43 years$14,017$8,481$4,932$2,782$1,535$113
44 years$13,545$8,084$4,630$2,569$1,393$96
45 years$13,095$7,709$4,347$2,372$1,264$81
46 years$12,665$7,354$4,083$2,191$1,148$68
47 years$12,255$7,018$3,836$2,024$1,043$58
48 years$11,863$6,700$3,605$1,871$947$49
49 years$11,489$6,398$3,388$1,729$860$41
50 years$11,130$6,111$3,185$1,598$781$35

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 $5,127 every year, while hoping to spend $28,508 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: 77/18/5 Blend
39$11,400,000$11,400,000$11,400,000$11,400,000
40$12,568,089$11,963,889$11,787,189$13,532,179
41$13,819,701$12,519,787$12,151,727$14,721,197
42$15,198,023$13,101,969$12,527,522$16,020,190
43$16,715,948$13,711,692$12,914,921$17,443,444
44$18,387,685$14,350,275$13,314,281$19,003,284
45$20,228,890$15,019,100$13,725,971$20,713,276
46$22,256,817$15,719,615$14,150,370$22,588,351
47$24,490,476$16,453,340$14,587,872$24,644,949
48$26,950,818$17,221,867$15,038,879$26,901,169
49$29,660,927$18,026,865$15,503,807$29,376,936
50$32,646,243$18,870,083$15,983,086$32,094,188
51$35,934,798$19,753,355$16,477,158$35,077,082
52$39,557,483$20,678,605$16,986,478$38,352,216
53$43,548,338$21,647,848$17,511,517$41,948,879
54$47,944,874$22,663,198$18,052,758$45,899,326
55$52,788,426$23,726,870$18,610,701$50,239,076
56$58,124,546$24,841,187$19,185,859$55,007,245
57$64,003,429$26,008,584$19,778,765$60,246,914
58$70,480,388$27,231,614$20,389,963$66,005,529
59$77,616,379$28,512,954$21,020,017$72,335,347
60$85,478,570$29,855,410$21,669,509$79,293,925
61$94,140,983$31,261,924$22,339,036$86,944,657
62$103,685,185$32,735,580$23,029,216$95,357,374
63$114,201,063$34,279,613$23,740,684$104,608,990
64$125,787,671$35,897,413$24,474,096$114,784,230
65$138,554,162$37,592,535$25,230,127$125,976,423
66$152,620,825$39,368,707$26,009,474$138,288,378
67$168,120,212$41,229,837$26,812,855$151,833,346
68$185,198,397$43,180,022$27,641,009$166,736,088
69$204,016,349$45,223,559$28,494,698$183,134,045
70$224,751,456$47,364,952$29,374,709$201,178,627
71$247,599,194$49,608,925$30,281,852$221,036,640
72$272,774,979$51,960,429$31,216,962$242,891,849
73$300,516,196$54,424,659$32,180,898$266,946,711
74$331,084,438$57,007,058$33,174,549$293,424,272
75$364,767,983$59,713,336$34,198,828$322,570,273
76$401,884,507$62,549,478$35,254,678$354,655,454
77$442,784,087$65,521,763$36,343,070$389,978,104
78$487,852,505$68,636,772$37,465,005$428,866,872
79$537,514,893$71,901,405$38,621,515$471,683,853
80$592,239,739$75,322,901$39,813,663$518,828,002
81$652,543,317$78,908,848$41,042,545$570,738,886
82$718,994,556$82,667,202$42,309,291$627,900,826
83$792,220,414$86,606,308$43,615,065$690,847,457
84$872,911,794$90,734,916$44,961,068$760,166,752
85$961,830,070$95,062,199$46,348,536$836,506,563
86$1,059,814,269$99,597,779$47,778,745$920,580,723
87$1,167,789,000$104,351,745$49,253,008$1,013,175,771
88$1,286,773,173$109,334,676$50,772,679$1,115,158,362
89$1,417,889,628$114,557,666$52,339,155$1,227,483,436
90$1,562,375,727$120,032,349$53,953,874$1,351,203,218
91$1,721,595,041$125,770,924$55,618,318$1,487,477,132
92$1,897,050,220$131,786,184$57,334,017$1,637,582,731
93$2,090,397,181$138,091,546$59,102,545$1,802,927,741
94$2,303,460,739$144,701,077$60,925,525$1,985,063,334
95$2,538,251,835$151,629,531$62,804,632$2,185,698,744
96$2,796,986,524$158,892,379$64,741,588$2,406,717,394
97$3,082,106,890$166,505,846$66,738,172$2,650,194,647
98$3,396,304,108$174,486,948$68,796,216$2,918,417,378
99$3,742,543,844$182,853,526$70,917,607$3,213,905,542
100$4,124,094,261$191,624,293$73,104,291$3,539,435,940