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%18.6%
1 years$949,659$941,200$932,947$924,892$917,026$885,194
2 years$470,128$461,373$452,887$444,660$436,679$404,938
3 years$310,306$301,512$293,048$284,898$277,047$246,394
4 years$230,410$221,643$213,264$205,253$197,592$168,262
5 years$182,485$173,771$165,501$157,654$150,207$122,276
6 years$150,546$141,897$133,750$126,077$118,853$92,344
7 years$127,741$119,165$111,147$103,655$96,660$71,567
8 years$110,645$102,146$94,261$86,953$80,188$56,492
9 years$97,355$88,937$81,187$74,065$67,530$45,200
10 years$86,729$78,393$70,781$63,845$57,539$36,538
11 years$78,041$69,789$62,314$55,564$49,486$29,772
12 years$70,806$62,639$55,302$48,737$42,883$24,410
13 years$64,689$56,607$49,409$43,028$37,395$20,114
14 years$59,451$51,454$44,394$38,195$32,780$16,641
15 years$54,914$47,005$40,082$34,063$28,862$13,812
16 years$50,949$43,126$36,340$30,500$25,509$11,495
17 years$47,454$39,717$33,068$27,404$22,618$9,587
18 years$44,351$36,701$30,187$24,697$20,111$8,010
19 years$41,578$34,014$27,635$22,315$17,925$6,703
20 years$39,085$31,607$25,362$20,211$16,011$5,616
21 years$36,832$29,441$23,328$18,343$14,328$4,710
22 years$34,787$27,482$21,500$16,678$12,843$3,954
23 years$32,923$25,703$19,852$15,189$11,529$3,321
24 years$31,216$24,082$18,359$13,853$10,362$2,791
25 years$29,649$22,600$17,005$12,651$9,324$2,347
26 years$28,204$21,240$15,771$11,568$8,399$1,975
27 years$26,869$19,990$14,645$10,588$7,572$1,662
28 years$25,631$18,836$13,614$9,701$6,833$1,399
29 years$24,481$17,770$12,669$8,896$6,170$1,178
30 years$23,409$16,782$11,801$8,164$5,575$992
31 years$22,408$15,864$11,002$7,498$5,040$836
32 years$21,472$15,011$10,265$6,891$4,559$704
33 years$20,595$14,215$9,584$6,337$4,126$593
34 years$19,771$13,473$8,955$5,831$3,736$500
35 years$18,995$12,779$8,372$5,367$3,384$421
36 years$18,265$12,129$7,832$4,943$3,066$355
37 years$17,575$11,520$7,331$4,555$2,779$299
38 years$16,923$10,948$6,865$4,198$2,519$252
39 years$16,307$10,410$6,432$3,871$2,284$213
40 years$15,722$9,905$6,028$3,570$2,072$179
41 years$15,168$9,428$5,653$3,294$1,880$151
42 years$14,641$8,979$5,302$3,040$1,706$127
43 years$14,140$8,555$4,976$2,806$1,548$107
44 years$13,664$8,155$4,670$2,591$1,405$91
45 years$13,209$7,777$4,385$2,393$1,276$76
46 years$12,776$7,419$4,119$2,210$1,158$64
47 years$12,363$7,080$3,870$2,042$1,052$54
48 years$11,967$6,758$3,636$1,887$955$46
49 years$11,590$6,454$3,418$1,744$867$39
50 years$11,228$6,165$3,213$1,612$788$33

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 $4,434 every year, while hoping to spend $23,583 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: 66/22/12 Blend
39$11,500,000$11,500,000$11,500,000$11,500,000
40$12,677,574$12,068,074$11,889,824$13,479,923
41$13,945,594$12,634,317$12,263,041$14,581,580
42$15,342,162$13,227,516$12,647,970$15,782,034
43$16,880,365$13,848,967$13,044,979$17,093,522
44$18,574,623$14,500,027$13,454,447$18,526,893
45$20,440,829$15,182,122$13,876,765$20,094,083
46$22,496,492$15,896,745$14,312,335$21,808,221
47$24,760,910$16,645,462$14,761,575$23,683,757
48$27,255,347$17,429,913$15,224,911$25,736,588
49$30,003,234$18,251,821$15,702,787$27,984,208
50$33,030,393$19,112,989$16,195,660$30,445,870
51$36,365,277$20,015,309$16,703,998$33,142,766
52$40,039,241$20,960,765$17,228,288$36,098,217
53$44,086,838$21,951,437$17,769,030$39,337,896
54$48,546,143$22,989,505$18,326,741$42,890,065
55$53,459,114$24,077,256$18,901,951$46,785,833
56$58,871,989$25,217,086$19,495,211$51,059,451
57$64,835,717$26,411,509$20,107,086$55,748,627
58$71,406,448$27,663,161$20,738,162$60,894,880
59$78,646,055$28,974,804$21,389,039$66,543,923
60$86,622,719$30,349,337$22,060,339$72,746,094
61$95,411,579$31,789,797$22,752,702$79,556,821
62$105,095,433$33,299,369$23,466,791$87,037,142
63$115,765,524$34,881,395$24,203,285$95,254,277
64$127,522,400$36,539,377$24,962,888$104,282,252
65$140,476,865$38,276,986$25,746,324$114,202,593
66$154,751,021$40,098,074$26,554,342$125,105,090
67$170,479,425$42,006,680$27,387,713$137,088,636
68$187,810,356$44,007,037$28,247,231$150,262,154
69$206,907,216$46,103,585$29,133,716$164,745,616
70$227,950,072$48,300,980$30,048,016$180,671,167
71$251,137,356$50,604,105$30,991,001$198,184,366
72$276,687,739$53,018,079$31,963,573$217,445,551
73$304,842,194$55,548,271$32,966,658$238,631,339
74$335,866,271$58,200,309$34,001,214$261,936,289
75$370,052,605$60,980,098$35,068,228$287,574,724
76$407,723,675$63,893,828$36,168,719$315,782,747
77$449,234,855$66,947,990$37,303,735$346,820,454
78$494,977,760$70,149,392$38,474,361$380,974,383
79$545,383,952$73,505,173$39,681,713$418,560,202
80$600,929,007$77,022,818$40,926,942$459,925,678
81$662,137,009$80,710,179$42,211,237$505,453,946
82$729,585,493$84,575,487$43,535,823$555,567,113
83$803,910,904$88,627,377$44,901,964$610,730,227
84$885,814,599$92,874,901$46,310,963$671,455,649
85$976,069,472$97,327,555$47,764,164$738,307,879
86$1,075,527,248$101,995,295$49,262,953$811,908,863
87$1,185,126,526$106,888,563$50,808,760$892,943,852
88$1,305,901,638$112,018,309$52,403,061$982,167,845
89$1,438,992,417$117,396,018$54,047,375$1,080,412,704
90$1,585,654,952$123,033,732$55,743,270$1,188,594,983
91$1,747,273,453$128,944,080$57,492,366$1,307,724,561
92$1,925,373,315$135,140,310$59,296,330$1,438,914,152
93$2,121,635,519$141,636,311$61,156,883$1,583,389,787
94$2,337,912,502$148,446,650$63,075,799$1,742,502,362
95$2,576,245,648$155,586,607$65,054,908$1,917,740,370
96$2,838,884,556$163,072,202$67,096,100$2,110,743,921
97$3,128,308,281$170,920,240$69,201,319$2,323,320,201
98$3,447,248,737$179,148,343$71,372,575$2,557,460,503
99$3,798,716,489$187,774,993$73,611,937$2,815,358,993
100$4,186,029,176$196,819,573$75,921,542$3,099,433,394