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

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 $11,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$949,659$941,200$932,947$924,892$917,026$910,484
2 years$470,128$461,373$452,887$444,660$436,679$430,082
3 years$310,306$301,512$293,048$284,898$277,047$270,600
4 years$230,410$221,643$213,264$205,253$197,592$191,344
5 years$182,485$173,771$165,501$157,654$150,207$144,176
6 years$150,546$141,897$133,750$126,077$118,853$113,048
7 years$127,741$119,165$111,147$103,655$96,660$91,082
8 years$110,645$102,146$94,261$86,953$80,188$74,839
9 years$97,355$88,937$81,187$74,065$67,530$62,408
10 years$86,729$78,393$70,781$63,845$57,539$52,641
11 years$78,041$69,789$62,314$55,564$49,486$44,808
12 years$70,806$62,639$55,302$48,737$42,883$38,422
13 years$64,689$56,607$49,409$43,028$37,395$33,145
14 years$59,451$51,454$44,394$38,195$32,780$28,737
15 years$54,914$47,005$40,082$34,063$28,862$25,020
16 years$50,949$43,126$36,340$30,500$25,509$21,861
17 years$47,454$39,717$33,068$27,404$22,618$19,159
18 years$44,351$36,701$30,187$24,697$20,111$16,835
19 years$41,578$34,014$27,635$22,315$17,925$14,827
20 years$39,085$31,607$25,362$20,211$16,011$13,083
21 years$36,832$29,441$23,328$18,343$14,328$11,564
22 years$34,787$27,482$21,500$16,678$12,843$10,236
23 years$32,923$25,703$19,852$15,189$11,529$9,073
24 years$31,216$24,082$18,359$13,853$10,362$8,050
25 years$29,649$22,600$17,005$12,651$9,324$7,151
26 years$28,204$21,240$15,771$11,568$8,399$6,357
27 years$26,869$19,990$14,645$10,588$7,572$5,656
28 years$25,631$18,836$13,614$9,701$6,833$5,035
29 years$24,481$17,770$12,669$8,896$6,170$4,486
30 years$23,409$16,782$11,801$8,164$5,575$3,998
31 years$22,408$15,864$11,002$7,498$5,040$3,565
32 years$21,472$15,011$10,265$6,891$4,559$3,181
33 years$20,595$14,215$9,584$6,337$4,126$2,839
34 years$19,771$13,473$8,955$5,831$3,736$2,534
35 years$18,995$12,779$8,372$5,367$3,384$2,263
36 years$18,265$12,129$7,832$4,943$3,066$2,022
37 years$17,575$11,520$7,331$4,555$2,779$1,806
38 years$16,923$10,948$6,865$4,198$2,519$1,614
39 years$16,307$10,410$6,432$3,871$2,284$1,443
40 years$15,722$9,905$6,028$3,570$2,072$1,290
41 years$15,168$9,428$5,653$3,294$1,880$1,153
42 years$14,641$8,979$5,302$3,040$1,706$1,031
43 years$14,140$8,555$4,976$2,806$1,548$922
44 years$13,664$8,155$4,670$2,591$1,405$825
45 years$13,209$7,777$4,385$2,393$1,276$738
46 years$12,776$7,419$4,119$2,210$1,158$660
47 years$12,363$7,080$3,870$2,042$1,052$591
48 years$11,967$6,758$3,636$1,887$955$529
49 years$11,590$6,454$3,418$1,744$867$473
50 years$11,228$6,165$3,213$1,612$788$423

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 $4,490 every year, while hoping to spend $48,425 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: 50/39/11 Blend
39$11,500,000$11,500,000$11,500,000$11,500,000
40$12,677,631$12,068,131$11,889,881$13,273,928
41$13,919,226$12,607,946$12,236,669$14,222,458
42$15,285,840$13,172,589$12,593,450$15,247,144
43$16,790,175$13,763,224$12,960,510$16,359,520
44$18,446,225$14,381,075$13,338,139$17,567,831
45$20,269,411$15,027,418$13,726,638$18,881,130
46$22,276,724$15,703,595$14,126,314$20,309,363
47$24,486,889$16,411,010$14,537,483$21,863,458
48$26,920,535$17,151,133$14,960,473$23,555,420
49$29,600,396$17,925,505$15,395,615$25,398,445
50$32,551,523$18,735,742$15,843,255$27,407,035
51$35,801,520$19,583,534$16,303,745$29,597,133
52$39,380,803$20,470,655$16,777,449$31,986,265
53$43,322,890$21,398,963$17,264,739$34,593,701
54$47,664,715$22,370,402$17,765,998$37,440,631
55$52,446,978$23,387,014$18,281,620$40,550,362
56$57,714,526$24,450,933$18,812,011$43,948,523
57$63,516,779$25,564,401$19,357,585$47,663,309
58$69,908,196$26,729,762$19,918,770$51,725,736
59$76,948,788$27,949,477$20,496,005$56,169,926
60$84,704,685$29,226,121$21,089,741$61,033,421
61$93,248,756$30,562,395$21,700,441$66,357,531
62$102,661,306$31,961,128$22,328,582$72,187,714
63$113,030,822$33,425,287$22,974,652$78,573,998
64$124,454,818$34,957,978$23,639,155$85,571,440
65$137,040,749$36,562,459$24,322,607$93,240,640
66$150,907,029$38,242,143$25,025,538$101,648,300
67$166,184,146$40,000,607$25,748,493$110,867,846
68$183,015,893$41,841,601$26,492,032$120,980,105
69$201,560,728$43,769,054$27,256,729$132,074,061
70$221,993,270$45,787,085$28,043,177$144,247,681
71$244,505,940$47,900,009$28,851,980$157,608,824
72$269,310,788$50,112,352$29,683,764$172,276,252
73$296,641,486$52,428,854$30,539,167$188,380,730
74$326,755,536$54,854,487$31,418,848$206,066,252
75$359,936,703$57,394,459$32,323,481$225,491,379
76$396,497,690$60,054,230$33,253,761$246,830,725
77$436,783,092$62,839,525$34,210,400$270,276,584
78$481,172,649$65,756,343$35,194,129$296,040,730
79$530,084,827$68,810,972$36,205,700$324,356,397
80$583,980,773$72,010,003$37,245,885$355,480,461
81$643,368,665$75,360,347$38,315,476$389,695,847
82$708,808,510$78,869,245$39,415,286$427,314,174
83$780,917,432$82,544,292$40,546,152$468,678,677
84$860,375,493$86,393,445$41,708,930$514,167,427
85$947,932,117$90,425,048$42,904,503$564,196,869
86$1,044,413,164$94,647,846$44,133,775$619,225,734
87$1,150,728,725$99,071,009$45,397,675$679,759,338
88$1,267,881,714$103,704,147$46,697,156$746,354,328
89$1,396,977,336$108,557,337$48,033,198$819,623,907
90$1,539,233,519$113,641,142$49,406,805$900,243,588
91$1,695,992,414$118,966,634$50,819,009$988,957,545
92$1,868,733,064$124,545,423$52,270,870$1,086,585,602
93$2,059,085,368$130,389,680$53,763,475$1,194,030,934
94$2,268,845,465$136,512,164$55,297,941$1,312,288,564
95$2,499,992,694$142,926,251$56,875,413$1,442,454,708
96$2,754,708,277$149,645,966$58,497,068$1,585,737,094
97$3,035,395,914$156,686,011$60,164,113$1,743,466,313
98$3,344,704,473$164,061,801$61,877,786$1,917,108,337
99$3,685,552,997$171,789,498$63,639,360$2,108,278,318
100$4,061,158,264$179,886,044$65,450,140$2,318,755,780