Can I retire at age 40 with 11,500,000?

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 $11,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$949,659$941,200$932,947$924,892$917,026$890,168
2 years$470,128$461,373$452,887$444,660$436,679$409,838
3 years$310,306$301,512$293,048$284,898$277,047$251,064
4 years$230,410$221,643$213,264$205,253$197,592$172,666
5 years$182,485$173,771$165,501$157,654$150,207$126,406
6 years$150,546$141,897$133,750$126,077$118,853$96,199
7 years$127,741$119,165$111,147$103,655$96,660$75,151
8 years$110,645$102,146$94,261$86,953$80,188$59,814
9 years$97,355$88,937$81,187$74,065$67,530$48,268
10 years$86,729$78,393$70,781$63,845$57,539$39,363
11 years$78,041$69,789$62,314$55,564$49,486$32,365
12 years$70,806$62,639$55,302$48,737$42,883$26,785
13 years$64,689$56,607$49,409$43,028$37,395$22,282
14 years$59,451$51,454$44,394$38,195$32,780$18,614
15 years$54,914$47,005$40,082$34,063$28,862$15,604
16 years$50,949$43,126$36,340$30,500$25,509$13,118
17 years$47,454$39,717$33,068$27,404$22,618$11,054
18 years$44,351$36,701$30,187$24,697$20,111$9,333
19 years$41,578$34,014$27,635$22,315$17,925$7,892
20 years$39,085$31,607$25,362$20,211$16,011$6,684
21 years$36,832$29,441$23,328$18,343$14,328$5,666
22 years$34,787$27,482$21,500$16,678$12,843$4,809
23 years$32,923$25,703$19,852$15,189$11,529$4,084
24 years$31,216$24,082$18,359$13,853$10,362$3,471
25 years$29,649$22,600$17,005$12,651$9,324$2,952
26 years$28,204$21,240$15,771$11,568$8,399$2,512
27 years$26,869$19,990$14,645$10,588$7,572$2,138
28 years$25,631$18,836$13,614$9,701$6,833$1,820
29 years$24,481$17,770$12,669$8,896$6,170$1,551
30 years$23,409$16,782$11,801$8,164$5,575$1,321
31 years$22,408$15,864$11,002$7,498$5,040$1,126
32 years$21,472$15,011$10,265$6,891$4,559$959
33 years$20,595$14,215$9,584$6,337$4,126$818
34 years$19,771$13,473$8,955$5,831$3,736$697
35 years$18,995$12,779$8,372$5,367$3,384$595
36 years$18,265$12,129$7,832$4,943$3,066$507
37 years$17,575$11,520$7,331$4,555$2,779$432
38 years$16,923$10,948$6,865$4,198$2,519$369
39 years$16,307$10,410$6,432$3,871$2,284$315
40 years$15,722$9,905$6,028$3,570$2,072$268
41 years$15,168$9,428$5,653$3,294$1,880$229
42 years$14,641$8,979$5,302$3,040$1,706$195
43 years$14,140$8,555$4,976$2,806$1,548$167
44 years$13,664$8,155$4,670$2,591$1,405$142
45 years$13,209$7,777$4,385$2,393$1,276$121
46 years$12,776$7,419$4,119$2,210$1,158$103
47 years$12,363$7,080$3,870$2,042$1,052$88
48 years$11,967$6,758$3,636$1,887$955$75
49 years$11,590$6,454$3,418$1,744$867$64
50 years$11,228$6,165$3,213$1,612$788$55

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $11,500,000, adding $3,650 every year, while hoping to spend $45,306 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: 63/7/30 Blend
39$11,500,000$11,500,000$11,500,000$11,500,000
40$12,676,765$12,067,265$11,889,015$13,372,967
41$13,921,590$12,610,356$12,239,092$14,389,659
42$15,291,868$13,178,539$12,599,378$15,494,535
43$16,800,349$13,772,998$12,970,167$16,700,549
44$18,461,079$14,394,969$13,351,762$18,017,638
45$20,289,537$15,045,750$13,744,474$19,456,740
46$22,302,778$15,726,701$14,148,622$21,029,895
47$24,519,597$16,439,245$14,564,537$22,750,358
48$26,960,703$17,184,875$14,992,555$24,632,721
49$29,648,914$17,965,154$15,433,026$26,693,049
50$32,609,378$18,781,720$15,886,306$28,949,031
51$35,869,801$19,636,291$16,352,764$31,420,145
52$39,460,716$20,530,665$16,832,778$34,127,837
53$43,415,769$21,466,728$17,326,736$37,095,725
54$47,772,035$22,446,454$17,835,038$40,349,818
55$52,570,367$23,471,915$18,358,097$43,918,759
56$57,855,785$24,545,279$18,896,333$47,834,092
57$63,677,897$25,668,821$19,450,183$52,130,563
58$70,091,371$26,844,921$20,020,092$56,846,437
59$77,156,447$28,076,078$20,606,521$62,023,862
60$84,939,506$29,364,908$21,209,942$67,709,265
61$93,513,701$30,714,153$21,830,840$73,953,782
62$102,959,639$32,126,688$22,469,714$80,813,745
63$113,366,151$33,605,524$23,127,078$88,351,203
64$124,831,124$35,153,820$23,803,460$96,634,511
65$137,462,424$36,774,883$24,499,402$105,738,970
66$151,378,920$38,472,181$25,215,461$115,747,532
67$166,711,603$40,249,350$25,952,211$126,751,583
68$183,604,817$42,110,200$26,710,241$138,851,800
69$202,217,632$44,058,722$27,490,157$152,159,099
70$222,725,335$46,099,104$28,292,582$166,795,675
71$245,321,091$48,235,732$29,118,156$182,896,156
72$270,217,764$50,473,205$29,967,535$200,608,868
73$297,649,926$52,816,342$30,841,398$220,097,227
74$327,876,072$55,270,197$31,740,439$241,541,284
75$361,181,059$57,840,064$32,665,371$265,139,413
76$397,878,796$60,531,497$33,616,931$291,110,186
77$438,315,207$63,350,313$34,595,871$319,694,424
78$482,871,494$66,302,614$35,602,968$351,157,471
79$531,967,738$69,394,794$36,639,020$385,791,687
80$586,066,865$72,633,557$37,704,845$423,919,212
81$645,679,013$76,025,929$38,801,285$465,894,991
82$711,366,350$79,579,277$39,929,205$512,110,123
83$783,748,379$83,301,323$41,089,495$562,995,550
84$863,507,790$87,200,164$42,283,069$619,026,112
85$951,396,898$91,284,286$43,510,866$680,725,028
86$1,048,244,751$95,562,586$44,773,850$748,668,824
87$1,154,964,955$100,044,392$46,073,013$823,492,774
88$1,272,564,296$104,739,482$47,409,374$905,896,884
89$1,402,152,246$109,658,109$48,783,980$996,652,492
90$1,544,951,439$114,811,020$50,197,907$1,096,609,549
91$1,702,309,208$120,209,482$51,652,260$1,206,704,625
92$1,875,710,311$125,865,311$53,148,174$1,327,969,747
93$2,066,790,942$131,790,890$54,686,817$1,461,542,131
94$2,277,354,180$137,999,205$56,269,387$1,608,674,909
95$2,509,387,010$144,503,870$57,897,115$1,770,748,948
96$2,765,079,084$151,319,159$59,571,268$1,949,285,875
97$3,046,843,390$158,460,037$61,293,145$2,145,962,434
98$3,357,339,032$165,942,195$63,064,081$2,362,626,302
99$3,699,496,334$173,782,083$64,885,448$2,601,313,520
100$4,076,544,505$181,996,950$66,758,656$2,864,267,703