Can I retire at age 40 with 11,600,000?

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 $11,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$957,917$949,385$941,060$932,934$925,000$895,032
2 years$474,216$465,385$456,825$448,526$440,476$410,565
3 years$313,004$304,134$295,596$287,375$279,456$250,541
4 years$232,413$223,571$215,118$207,038$199,311$171,612
5 years$184,072$175,282$166,941$159,025$151,513$125,106
6 years$151,855$143,131$134,913$127,173$119,887$94,793
7 years$128,851$120,201$112,113$104,556$97,500$73,717
8 years$111,607$103,035$95,081$87,710$80,886$58,396
9 years$98,201$89,710$81,893$74,709$68,118$46,895
10 years$87,483$79,075$71,396$64,400$58,040$38,052
11 years$78,720$70,396$62,856$56,047$49,916$31,126
12 years$71,422$63,184$55,783$49,161$43,256$25,623
13 years$65,252$57,100$49,839$43,402$37,720$21,200
14 years$59,968$51,902$44,780$38,527$33,065$17,612
15 years$55,392$47,413$40,431$34,360$29,113$14,681
16 years$51,392$43,501$36,656$30,765$25,730$12,271
17 years$47,867$40,063$33,356$27,642$22,814$10,280
18 years$44,737$37,020$30,449$24,911$20,285$8,628
19 years$41,939$34,309$27,875$22,509$18,081$7,252
20 years$39,425$31,882$25,582$20,387$16,150$6,104
21 years$37,153$29,697$23,531$18,502$14,453$5,143
22 years$35,090$27,721$21,687$16,823$12,955$4,338
23 years$33,209$25,927$20,024$15,321$11,629$3,661
24 years$31,488$24,292$18,519$13,973$10,452$3,092
25 years$29,907$22,797$17,152$12,761$9,405$2,612
26 years$28,449$21,425$15,908$11,668$8,472$2,208
27 years$27,102$20,164$14,772$10,680$7,638$1,868
28 years$25,854$19,000$13,732$9,785$6,892$1,580
29 years$24,694$17,924$12,779$8,973$6,223$1,337
30 years$23,613$16,928$11,903$8,235$5,623$1,132
31 years$22,603$16,002$11,097$7,564$5,084$958
32 years$21,659$15,141$10,354$6,951$4,599$811
33 years$20,774$14,339$9,667$6,392$4,162$687
34 years$19,943$13,590$9,033$5,881$3,768$582
35 years$19,160$12,890$8,445$5,414$3,413$493
36 years$18,423$12,235$7,900$4,986$3,092$417
37 years$17,728$11,620$7,394$4,594$2,803$354
38 years$17,071$11,043$6,924$4,235$2,541$300
39 years$16,449$10,501$6,487$3,904$2,304$254
40 years$15,859$9,991$6,081$3,601$2,090$215
41 years$15,300$9,510$5,702$3,323$1,896$182
42 years$14,768$9,057$5,348$3,066$1,720$154
43 years$14,263$8,630$5,019$2,831$1,561$131
44 years$13,782$8,226$4,711$2,614$1,417$111
45 years$13,324$7,844$4,423$2,414$1,287$94
46 years$12,887$7,483$4,155$2,230$1,168$80
47 years$12,470$7,141$3,903$2,060$1,061$67
48 years$12,072$6,817$3,668$1,903$963$57
49 years$11,690$6,510$3,448$1,759$875$48
50 years$11,326$6,219$3,241$1,626$795$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $11,600,000, adding $2,702 every year, while hoping to spend $27,992 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$11,600,000$11,600,000$11,600,000$11,600,000
40$12,785,987$12,171,187$11,991,387$13,488,243
41$14,060,375$12,737,792$12,363,315$14,532,453
42$15,463,811$13,331,222$12,746,765$15,669,340
43$17,009,431$13,952,763$13,142,092$16,910,688
44$18,711,705$14,603,761$13,549,665$18,266,758
45$20,586,582$15,285,628$13,969,862$19,748,841
46$22,651,635$15,999,845$14,403,073$21,369,369
47$24,926,227$16,747,963$14,849,701$23,142,024
48$27,431,697$17,531,608$15,310,162$25,081,868
49$30,191,560$18,352,487$15,784,882$27,205,485
50$33,231,726$19,212,386$16,274,303$29,531,132
51$36,580,749$20,113,180$16,778,879$32,078,910
52$40,270,094$21,056,833$17,299,079$34,870,955
53$44,334,431$22,045,406$17,835,386$37,931,637
54$48,811,970$23,081,058$18,388,299$41,287,798
55$53,744,814$24,166,053$18,958,329$44,968,992
56$59,179,360$25,302,764$19,546,008$49,007,771
57$65,166,735$26,493,680$20,151,880$53,439,982
58$71,763,282$27,741,410$20,776,508$58,305,107
59$79,031,087$29,048,690$21,420,471$63,646,631
60$87,038,568$30,418,386$22,084,368$69,512,450
61$95,861,122$31,853,507$22,768,813$75,955,321
62$105,581,831$33,357,203$23,474,444$83,033,354
63$116,292,253$34,932,782$24,201,913$90,810,558
64$128,093,283$36,583,708$24,951,896$99,357,445
65$141,096,102$38,313,614$25,725,090$108,751,687
66$155,423,235$40,126,311$26,522,210$119,078,849
67$171,209,698$42,025,793$27,343,997$130,433,191
68$188,604,278$44,016,249$28,191,213$142,918,554
69$207,770,939$46,102,069$29,064,642$156,649,337
70$228,890,363$48,287,859$29,965,096$171,751,570
71$252,161,662$50,578,446$30,893,409$188,364,103
72$277,804,255$52,978,893$31,850,442$206,639,907
73$306,059,939$55,494,509$32,837,081$226,747,518
74$337,195,171$58,130,858$33,854,242$248,872,619
75$371,503,586$60,893,778$34,902,867$273,219,790
76$409,308,767$63,789,388$35,983,928$300,014,432
77$450,967,298$66,824,105$37,098,426$329,504,889
78$496,872,134$70,004,658$38,247,395$361,964,789
79$547,456,308$73,338,102$39,431,899$397,695,618
80$603,197,019$76,831,837$40,653,035$437,029,559
81$664,620,137$80,493,619$41,911,935$480,332,624
82$732,305,170$84,331,585$43,209,763$528,008,101
83$806,890,731$88,354,266$44,547,723$580,500,352
84$889,080,567$92,570,607$45,927,054$638,299,003
85$979,650,206$96,989,988$47,349,031$701,943,557
86$1,079,454,276$101,622,246$48,814,973$772,028,478
87$1,189,434,574$106,477,698$50,326,236$849,208,797
88$1,310,628,954$111,567,159$51,884,219$934,206,283
89$1,444,181,131$116,901,974$53,490,364$1,027,816,251
90$1,591,351,473$122,494,037$55,146,158$1,130,915,060
91$1,753,528,902$128,355,823$56,853,133$1,244,468,374
92$1,932,244,005$134,500,414$58,612,868$1,369,540,268
93$2,129,183,486$140,941,526$60,426,991$1,507,303,267
94$2,346,206,088$147,693,547$62,297,182$1,659,049,398
95$2,585,360,140$154,771,563$64,225,169$1,826,202,379
96$2,848,902,899$162,191,393$66,212,736$2,010,331,047
97$3,139,321,853$169,969,630$68,261,721$2,213,164,155
98$3,459,358,213$178,123,673$70,374,020$2,436,606,682
99$3,812,032,786$186,671,768$72,551,585$2,682,757,799
100$4,200,674,496$195,633,051$74,796,429$2,953,930,675