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%16.2%
1 years$949,659$941,200$932,947$924,892$917,026$893,769
2 years$470,128$461,373$452,887$444,660$436,679$413,399
3 years$310,306$301,512$293,048$284,898$277,047$254,472
4 years$230,410$221,643$213,264$205,253$197,592$175,896
5 years$182,485$173,771$165,501$157,654$150,207$129,449
6 years$150,546$141,897$133,750$126,077$118,853$99,056
7 years$127,741$119,165$111,147$103,655$96,660$77,823
8 years$110,645$102,146$94,261$86,953$80,188$62,305
9 years$97,355$88,937$81,187$74,065$67,530$50,584
10 years$86,729$78,393$70,781$63,845$57,539$41,510
11 years$78,041$69,789$62,314$55,564$49,486$34,350
12 years$70,806$62,639$55,302$48,737$42,883$28,615
13 years$64,689$56,607$49,409$43,028$37,395$23,965
14 years$59,451$51,454$44,394$38,195$32,780$20,159
15 years$54,914$47,005$40,082$34,063$28,862$17,018
16 years$50,949$43,126$36,340$30,500$25,509$14,409
17 years$47,454$39,717$33,068$27,404$22,618$12,231
18 years$44,351$36,701$30,187$24,697$20,111$10,403
19 years$41,578$34,014$27,635$22,315$17,925$8,864
20 years$39,085$31,607$25,362$20,211$16,011$7,564
21 years$36,832$29,441$23,328$18,343$14,328$6,462
22 years$34,787$27,482$21,500$16,678$12,843$5,527
23 years$32,923$25,703$19,852$15,189$11,529$4,731
24 years$31,216$24,082$18,359$13,853$10,362$4,053
25 years$29,649$22,600$17,005$12,651$9,324$3,474
26 years$28,204$21,240$15,771$11,568$8,399$2,980
27 years$26,869$19,990$14,645$10,588$7,572$2,557
28 years$25,631$18,836$13,614$9,701$6,833$2,195
29 years$24,481$17,770$12,669$8,896$6,170$1,885
30 years$23,409$16,782$11,801$8,164$5,575$1,620
31 years$22,408$15,864$11,002$7,498$5,040$1,392
32 years$21,472$15,011$10,265$6,891$4,559$1,196
33 years$20,595$14,215$9,584$6,337$4,126$1,028
34 years$19,771$13,473$8,955$5,831$3,736$884
35 years$18,995$12,779$8,372$5,367$3,384$760
36 years$18,265$12,129$7,832$4,943$3,066$654
37 years$17,575$11,520$7,331$4,555$2,779$562
38 years$16,923$10,948$6,865$4,198$2,519$483
39 years$16,307$10,410$6,432$3,871$2,284$416
40 years$15,722$9,905$6,028$3,570$2,072$358
41 years$15,168$9,428$5,653$3,294$1,880$308
42 years$14,641$8,979$5,302$3,040$1,706$265
43 years$14,140$8,555$4,976$2,806$1,548$228
44 years$13,664$8,155$4,670$2,591$1,405$196
45 years$13,209$7,777$4,385$2,393$1,276$169
46 years$12,776$7,419$4,119$2,210$1,158$145
47 years$12,363$7,080$3,870$2,042$1,052$125
48 years$11,967$6,758$3,636$1,887$955$107
49 years$11,590$6,454$3,418$1,744$867$92
50 years$11,228$6,165$3,213$1,612$788$80

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 $2,782 every year, while hoping to spend $39,100 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: 57/30/13 Blend
39$11,500,000$11,500,000$11,500,000$11,500,000
40$12,675,870$12,066,370$11,888,120$13,356,514
41$13,927,206$12,616,020$12,244,770$14,366,854
42$15,304,869$13,191,292$12,612,057$15,462,705
43$16,821,701$13,793,401$12,990,296$16,655,895
44$18,491,856$14,423,619$13,379,813$17,955,757
45$20,330,928$15,083,280$13,780,939$19,372,551
46$22,356,103$15,773,780$14,194,021$20,917,559
47$24,586,314$16,496,584$14,619,409$22,603,182
48$27,042,429$17,253,228$15,057,471$24,443,059
49$29,747,440$18,045,318$15,508,578$26,452,189
50$32,726,681$18,874,542$15,973,119$28,647,070
51$36,008,074$19,742,665$16,451,489$31,045,847
52$39,622,381$20,651,540$16,944,098$33,668,483
53$43,603,504$21,603,106$17,451,365$36,536,940
54$47,988,801$22,599,397$17,973,725$39,675,382
55$52,819,436$23,642,545$18,511,623$43,110,396
56$58,140,774$24,734,785$19,065,517$46,871,244
57$64,002,801$25,878,458$19,635,880$50,990,123
58$70,460,602$27,076,018$20,223,198$55,502,474
59$77,574,879$28,330,038$20,827,970$60,447,302
60$85,412,522$29,643,215$21,450,713$65,867,541
61$94,047,242$31,018,376$22,091,955$71,810,454
62$103,560,267$32,458,482$22,752,241$78,328,068
63$114,041,107$33,966,641$23,432,134$85,477,661
64$125,588,400$35,546,106$24,132,211$93,322,294
65$138,310,843$37,200,291$24,853,065$101,931,398
66$152,328,216$38,932,772$25,595,310$111,381,420
67$167,772,515$40,747,300$26,359,575$121,756,536
68$184,789,198$42,647,804$27,146,507$133,149,439
69$203,538,555$44,638,405$27,956,774$145,662,200
70$224,197,224$46,723,423$28,791,062$159,407,223
71$246,959,855$48,907,385$29,650,077$174,508,297
72$272,040,952$51,195,039$30,534,546$191,101,751
73$299,676,894$53,591,360$31,445,218$209,337,732
74$330,128,166$56,101,566$32,382,862$229,381,605
75$363,681,821$58,731,125$33,348,270$251,415,509
76$400,654,187$61,485,771$34,342,257$275,640,056
77$441,393,855$64,371,514$35,365,663$302,276,213
78$486,284,966$67,394,656$36,419,351$331,567,376
79$535,750,842$70,561,803$37,504,209$363,781,648
80$590,257,979$73,879,883$38,621,151$399,214,356
81$650,320,451$77,356,156$39,771,118$438,190,823
82$716,504,765$80,998,235$40,955,078$481,069,421
83$789,435,205$84,814,102$42,174,026$528,244,933
84$869,799,728$88,812,125$43,428,989$580,152,265
85$958,356,460$93,001,079$44,721,020$637,270,530
86$1,055,940,850$97,390,163$46,051,204$700,127,545
87$1,163,473,556$101,989,020$47,420,659$769,304,801
88$1,281,969,140$106,807,764$48,830,533$845,442,921
89$1,412,545,644$111,856,996$50,282,008$929,247,688
90$1,556,435,145$117,147,834$51,776,300$1,021,496,679
91$1,714,995,385$122,691,933$53,314,661$1,123,046,585
92$1,889,722,591$128,501,514$54,898,379$1,234,841,265
93$2,082,265,599$134,589,392$56,528,778$1,357,920,629
94$2,294,441,419$140,969,002$58,207,222$1,493,430,427
95$2,528,252,392$147,654,431$59,935,112$1,642,633,031
96$2,785,905,090$154,660,452$61,713,892$1,806,919,319
97$3,069,831,148$162,002,553$63,545,047$1,987,821,774
98$3,382,710,222$169,696,975$65,430,102$2,187,028,911
99$3,727,495,285$177,760,747$67,370,631$2,406,401,182
100$4,107,440,506$186,211,725$69,368,248$2,647,988,497